FAR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FAR CONSTRUCT is 16.2% (high). For FAR CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€1,803) and a net result of -€12,859. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2007 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
- Equity
- -€1,803
- Loss
- -€12,859
- Bankruptcy chance 12 m
- 16.2%
Signals- Figures for FY 2023 (filed 02-02-2024)- 2 ex-officio strike-offs in the KBO- Two or more financial years not filed- Administrative warnings in the KBO publications+ Size: total assets €14,495+ Founded in 2007Latest accounts filed on timeShow the evidence
Checked score
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2023 (filed 02-02-2024) raises the probability
- Size: total assets €14,495 lowers the probability for this profile
- 2 ex-officio strike-offs in the KBO raises the probability
- Founded in 2007 lowers the probability for this profile
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Signals
This company filed its last 5 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
- Address struckKon. Albertstraat 36 Die Sitzadresse…
- Address struckVlamingstraat 4 8560 L’adresse du…
- Annual accounts filedfiscal year 2023 · micro…
Financials · fiscal year 2023, micro schema
2019 to 2023, 5 fiscal years 2019 to 2023, 5 fiscal years
The operating result turns negative in 2023: a loss of €12,819 after €11,689 in 2022, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €398 | €459 | €964 | ▲ 110% |
| Gross operating margin9900 | €111,385 | -€3,599 | €7,787 | €12,147 | -€11,855 | ▼ 198% |
| Operating profit (loss)9901 | €106,444 | -€3,946 | €7,390 | €11,689 | -€12,819 | ▼ 210% |
| Recurring financial income75 | €172 | - | - | - | - | - |
| Financial charges65/66B | - | - | €407 | €244 | €40 | ▼ 83.8% |
| Recurring financial charges65 | €463 | €143 | €407 | €244 | €40 | ▼ 83.8% |
| Profit (loss) for the period before taxes9903 | €106,154 | -€4,089 | €6,983 | €11,445 | -€12,859 | ▼ 212% |
| Income taxes67/77 | - | - | €772 | €3,068 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Profit (loss) for the period to be appropriated9905 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €558 | €1,186 | €14,490 | €36,171 | €14,495 | ▼ 59.9% |
| Fixed assets21/28 | - | - | €460 | €460 | €460 | = |
| Financial fixed assets28 | - | - | €460 | €460 | €460 | = |
| Current assets29/58 | €558 | €1,186 | €14,030 | €35,711 | €14,035 | ▼ 60.7% |
| Amounts receivable within one year40/41 | €558 | €1,186 | €2,385 | €14,938 | €8,312 | ▼ 44.4% |
| Trade receivables40 | - | - | - | €14,563 | €8,155 | ▼ 44.0% |
| Other amounts receivable41 | - | - | €2,385 | €375 | €157 | ▼ 58.2% |
| Cash at bank and in hand54/58 | - | - | €11,645 | €20,772 | €999 | ▼ 95.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4,725 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €558 | €1,186 | €14,490 | €36,171 | €14,495 | ▼ 59.9% |
| Equity10/15 | €558 | -€3,531 | €2,679 | €11,056 | -€1,803 | ▼ 116% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€19,902 | -€22,131 | -€15,921 | -€7,544 | -€20,403 | ▼ 170% |
| Amounts payable17/49 | - | €4,718 | €11,811 | €25,115 | €16,298 | ▼ 35.1% |
| Amounts payable within one year42/48 | - | €4,718 | €11,811 | €25,115 | €15,869 | ▼ 36.8% |
| Trade debts44 | - | €708 | €1,221 | €19,027 | €9,781 | ▼ 48.6% |
| Suppliers440/4 | - | - | €1,221 | €19,027 | €9,781 | ▼ 48.6% |
| Taxes, remuneration and social security45 | - | - | €772 | €3,068 | €3,068 | = |
| Taxes450/3 | - | - | €772 | €3,068 | €3,068 | = |
| Other amounts payable47/48 | - | - | €9,817 | €3,020 | €3,020 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €430 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Operating cash flow (approximation) | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | - | - | €9,128 | -€19,774 | ▼ 317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Register details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 5 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0793/00T002 | Flanders | 8,702 m² | 1 · 2,021 m² | 9.0 m · 1 fl. |
| 34027D0146/00C030 | Flanders | 81 m² | 1 · 58 m² | 10.3 m · 3 fl. |