Equity
-€69,252
Debts exceed assets in financial year 2025.
FAR CONSTRUCTS
Lifetime
5 annual accounts with figures on one time axispeak €9,395 (2024)
-€33,235▼ €42,630
lowest -€56,127 (2025)
-€56,127▼ €59,057
peak -€4,038 (2022)
-€69,252▼ €56,127
€186,889▲ 98.9%
Board2 names since 2021
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €9,395 to -€33,235Loss of €56,127Equity from -€13,125 to -€69,252Debts from €93,981 to €186,8891 establishment registeredCash from €643 to €3,636
Key points
from the 2025 annual accountsDebts
€186,889 159% of the balance sheet
Financial debts 0%Suppliers 10%Taxes and wages 5%Other 85%
Of this, €186,039 falls due within a year.
Filings
5 annual accounts 4 late
The 2021 accounts came latest: 30 days after the end of the period.
Starting capital
€2,000 100 shares
At the same address
19 companies
Position in the sector
-58.9%
Lower solvency than 95% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as FAR CONSTRUCTS has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,007 companies, not a prediction for FAR CONSTRUCTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
- 50 sharesdeed of 25-04-2024
- 50 sharesdeed of 25-04-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768427466
New establishment in Uccle
FAR-TECH, Alsembergsesteenweg 414C
Transfer of 50 shares from to
Resignation: (manager) · holds 50 shares · holds 50 shares · General meeting of 10-05-2023 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founders: (comparant,oprichter); (comparant,oprichter) · Appointments: (director) and (director) · published on 19-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FAR CONSTRUCTS Zaventem | €117,638 | -€33,235 | -58.9% | - |
| DDT Sint-Pieters-Leeuw | €115,899 | -€10,304 | -7.3% | - |
| INVEST BY MV Kraainem | €106,423 | -€55,052 | -44.6% | - |
| T.D.CONCEPT Kampenhout | €110,304 | -€3,438 | 44.6% | - |
| Alex Constructions Sint-Pieters-Leeuw | €109,090 | -€168 | 74.3% | - |
| Deconinck Construct Sint-Pieters-Leeuw | €130,632 | -€3,904 | 25.8% | - |
| ICON Façades Kraainem | €113,211 | -€6,738 | 94.5% | - |
These companies have the same main activity as FAR CONSTRUCTS: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €106,000 and €131,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 17-05-2021Normal situation
- Registered office
- 20 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 6 others
- Establishment units
- 2.317.478.7651932 Zaventem, since 17-05-2021
- 2.367.447.6231180 Uccle, since 01-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on FAR CONSTRUCTS
FAR CONSTRUCTS files the micro format. That format states no turnover. The gross margin fell from -€6,612 in 2021 to -€33,235 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FAR CONSTRUCTS
- What is the company number of FAR CONSTRUCTS?
- The company number of FAR CONSTRUCTS is 0768.427.466. The VAT number is the same number with BE in front: BE 0768.427.466.
- Where is FAR CONSTRUCTS based?
- The registered office is at Leuvensesteenweg 192, 1932 Zaventem.Company details
- What does FAR CONSTRUCTS do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of FAR CONSTRUCTS?
- FAR CONSTRUCTS is a private limited company (BV).
- When was FAR CONSTRUCTS founded?
- FAR CONSTRUCTS was founded on 17-05-2021.
- Is FAR CONSTRUCTS still active?
- Yes, FAR CONSTRUCTS is an active enterprise in the KBO register.
- What is the turnover of FAR CONSTRUCTS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is FAR CONSTRUCTS profitable?
- In financial year 2025, FAR CONSTRUCTS made a loss of €56,127.
- Where can I find the annual accounts of FAR CONSTRUCTS?
- FAR CONSTRUCTS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FAR CONSTRUCTS due?
- FAR CONSTRUCTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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