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
Lower solvency than 95% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.
Turnover not published (micro format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Micro
5 to 10 years old
negative equity
a loss of 10% of the balance sheet or more
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.
The companies in ten equal groups, from the lowest to the highest expected share
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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
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 Hidden nameVisible after signing in to Name after signing inVisible after signing in
Resignation: Name hiddenVisible after signing in (manager) · Hidden nameVisible after signing in holds 50 shares · Name after signing inVisible after signing in holds 50 shares · General meeting of 10-05-2023 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founders: Name hiddenVisible after signing in (comparant,oprichter); Hidden nameVisible after signing in (comparant,oprichter) · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 19-05-2021 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €117,638 on 31-12-2025
What the company ownsHow it is paid for
in euro
in euro
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
each dot is a set of accounts, on the day it reached the National Bank
2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00441312.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
2021
-49,053
9,240
-5,723
7,563
-
-47,877
7,972
-7,267
6,487
-
0
35,000
0
0
19,000
2,993
-3,792
3,585
-796
-
-99,610
-51,733
-20,409
-9,113
-8,274
-58.9%
-16.2%
-109.9%
-23.2%
-23.9%
0.46
0.44
0.20
0.25
0.38
0.04
0.02
0.20
0.25
0.38
-47.7%
3.6%
-82.3%
10.0%
-32.2%
41.71
7.28
-3.71
7.03
-
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
2023
2022
2021
Tangible fixed assets
-
-
-
-
€19,000
Intangible fixed assets
-
€35,000
-
-
-
€8,250
€5,042
€4,750
€4,750
-
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on FAR CONSTRUCTS
The operating result for 2025 is a loss of €57,303, after a profit of €4,199 in 2024. It is the lowest result since 2021.
Equity is negative. Debt (€186,889) exceeds the balance-sheet total (€117,638).
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, no change since 2023
Hidden nameVisible after signing in
Director (not named in the articles)
appointed by deed of 19-05-2021term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
2 names, the dashed line is today
20212022202320242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Name hiddenVisible after signing in Director (not named in the articles)
BoardEarlier
Mandates as a list
Hidden nameVisible after signing in
Director (not named in the articles), appointed by deed of 19-05-2021, still in office
Name after signing inVisible after signing in
Director (not named in the articles), appointed by deed of 19-05-2021, until 10-05-2023
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager,helft koper(s) naar evenredigheid verworven aantal bij meer dan één koper, elke overdracht onder levenden,ten bezwarende…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of May at 10:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen”
Hidden nameVisible after signing in50 shares (50%)
Name after signing inVisible after signing in50 shares (50%)
Network & group
No group
FAR CONSTRUCTS has no parent and no holdings in its annual accounts. Name hiddenVisible after signing in is the only director. FAR CONSTRUCTS shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of FAR CONSTRUCTS today. That says who is based there, not who owns the building.
Annual accounts 2025 filedNBB ↗micro format · 28 days late
2025
Weakest financial yearnet -€56,127 The net result drops to -€56,127, the lowest from 2021 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0768427466
Annual accounts 2024 filedPDFmicro format · 2 days before the deadline
New establishment in Uccle FAR-TECH, Alsembergsesteenweg 414C
2024
Back to profitnet €2,930 The net result is €2,930, after one loss-making year.
Annual accounts 2023 filedPDFmicro format · 30 days late
Transfer of 50 shares from Hidden nameVisible after signing in to Name after signing inVisible after signing inResignation: Name hiddenVisible after signing in (manager) · Hidden nameVisible after signing in holds 50 shares · Name after signing inVisible after signing in holds 50 shares · General meeting of 10-05-20236 points ▸
General meeting, 10-05-2023
Name hiddenVisible after signing in holds 50 shares
Hidden nameVisible after signing in holds 50 shares
Share transfer, Name after signing inVisible after signing in, 50 shares
Director resignation, Name hiddenVisible after signing in (manager)
Hidden nameVisible after signing in holds 100 shares
Annual accounts 2022 filedPDFmicro format · 23 days late
2022
Back to profitnet €1,737 The net result is €1,737, after one loss-making year.
Annual accounts 2021 filedPDFmicro format · 30 days late
2021
IncorporationFounding capital of €2,000, 100 shares · Founders: Name after signing inVisible after signing in (comparant,oprichter); Name hiddenVisible after signing in (comparant,oprichter) · Appointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · published on 19-05-20217 points ▸
Founder, Name hiddenVisible after signing in (comparant,oprichter)
Founder, Hidden nameVisible after signing in (comparant,oprichter)
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 17 May 2021, FAR CONSTRUCTS was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12Hidden nameVisible after signing in is director of the company, appointed by deed of 19-05-2021.2Total assets went from €24,143 in 2021 to €117,638 in 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
41201General construction of buildings main activity
41202Construction of residential and non-residential buildings
43212Specialised construction activities
43221Plumbing
43299Specialised construction activities
43995Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle handelingen of activiteiten die direct of indirect verband houden met kleinschalige metselwerkzaamheden; Het leggen van…”
42 activities
Alle handelingen of activiteiten die direct of indirect verband houden met kleinschalige metselwerkzaamheden;
Het leggen van geraamten,metalen en niet-metalen bekledingen van alle gebouwen,alle die rechtstreeks of onrechtstreeks betrekking heeft op loodgieters- en zinkwerken,installatie van waterontharder,bedekking van pvc kroonlijsten,ontmossen van daken,schoorsteenreiniging,plaatsing van steigers,thermisch en akoestisch isolatiebedrijf,
Alle andere niet-gereglementeerde transacties op het gebied van onroerend goed of daarmee verband houdende werkzaamheden;
Alle gipsplaten,pleisterwerk en plafond montage activiteiten;
Algemene dakdekkers;
Wapening en bekisting;
Het leggen van dekvloeren;
De installatie van ijzerwerk,luiken en metalen en plastic schrijnwerk;
De installatie van steigers,metalen constructies;
De installatie van zinkwerken en metalen dakbedekking van constructies;
Al het waterdichting werken;
Het ontruimen van bouwterreinen;
Installatie van zonne- en fotovoltaïsche panelen;
Het waterdicht maken,renoveren,verbouwen,onderhouden,repareren en renoveren;het plaatsen van zonne- en fotovoltaïsche panelen;en restauratie,isolatie,decoratie,afbraak van alle gebouwen en constructies.
Levering en plaatsing van tegels(vloer- en wandbekleding);
De aankoop,verkoop,groot- en kleinhandel,import en export van tegels,materialen voor constructie;
De algemene aannemer voor spiegel-,glas-,metaal- en kunststofconstructies,bouw van rolluiken en vleugels,constructie van deur- en raamkozijnen,constructie van leuningen en garagedeuren,alsmede de aan- en verkoop van materialen die voor deze bedrijven van belang zijn,en alle activiteiten die er verband mee houden;
De fabricage,de aankoop,de groot- of kleinhandel en de verhandeling in het algemeen van materialen die nodig zijn voor de bouw of renovatie van gebouwen;
De activiteit van tussenpersoon bij dergelijke operaties;
Alle installatie-,onderhouds- en inrichtingswerkzaamheden van elektrische installaties,elektromechanisch of elektronisch:elektrische laag- en hoogspanningsinstallaties,alarmen,enz.inbraak en brand,toegangscontrole,huisautomatisering,gebouwautomatisering,aandrijfkracht,verlichting,machines en industriële uitrusting,binnen- en buitenverlichting,elektrische verwarming,telefonie,intercomsysteem,video-intercom,videobewakingssysteem,elektrisch paneel,elektrische kast,automatisering,opslagverwarming,fotovoltaïsche energie,windenergie,enz..;
Alle werkzaamheden met betrekking tot de installatie,het onderhoud en de uitrusting van installaties in verband met machines;mechanica,perslucht,hydraulica,loodgieterij,hijssystemen,bovenloopkranen,stroomvoorziening naar back-up,opslag,batterij,etc.;
Alle installatie,onderhoud,inrichting van installaties:koper- en glasvezelnetwerken optisch,VDI(spraak,data,beelden);
Alle installatie,onderhoud,uitrusting van installaties:koeling,airconditioning,ventilatie,heteluchtverwarming ventilatie,airconditioning en thermische isolatie en akoestiek;
De aankoop en wederverkoop,als gewone koopwaar,van elektrische,elektronische of andere apparatuur verlichtingsarmaturen en toestellen;
De fabricage,de installatie,de bedrading of het onderhoud van uitrustingen of machines elektrische,elektronische,elektromechanische en IT;
Het onderzoek,het ontwerp,de ontwikkeling,de fabricage,de marketing,het onderhoud en beheer van energieproductiesystemen en -diensten;gebruikerssystemen en -diensten rationeel gebruik van energie;
De productie,verkoop en distributie van energie uit hernieuwbare bronnen;het gebruik van alle bestaande en toekomstige toepassingen met betrekking tot energie en energiebronnen;de productie,verkoop en distributie van energie uit duurzame energiebronnen;het gebruik van alle bestaande en toekomstige toepassingen met betrekking tot energie en energiebronnen van hernieuwbare energiebronnen;
Het beheer van projecten van allerlei soorten,technische studies van allerlei soorten en de activiteiten engineering in het algemeen,de fabricage van systemen en machines,de levering van alle uitrustingen die nodig zijn voor elk type industrie,bedrijf,vereniging of organisatie,behalve voor de activiteiten van de onderworpen aan een machtiging waartoe de onderneming geen toegang zou hebben;
Alle activiteiten die direct of indirect verband houden met het ontwerpen en ontwikkelen van IT-projecten,IT-consulting en -opleiding,de marketing van producten,methoden en media in verband met de verwerking en overdracht van informatie;
Alle activiteiten met betrekking tot de creatie,promotie,optimalisatie,verkoop van oplossingen in de telecommunicatie en computerwetenschappen.Dit zal bestaan uit het verlenen van diensten,van online diensten,vertrouwde derde partij functie in administratie,verwerking en beheer van documenten voor anderen,uitbesteding,consultancy,opleiding,bijstand,import,export,groot- en kleinhandel,productie van hardware en software,software-integratie,onderzoek en ontwikkeling in computertechniek,en telecommunicatie.
Het ondernemen van alle binnen- en buitenschrijnwerk en timmerwerk voor gebouwen en binnenhuisinrichting,Het ontwerpen,vervaardigen,afwerken plaatsen,aan- en verkopen,invoeren en uitvoeren van alle meubilair.Tevens alle schrijnwerk,meubelmakerij,sanitair en elektriciteitswerken nodig voor het plaatsen van bovenvermelde meubelen.
De vennootschap mag optreden als bestuurder in andere vennootschappen,
Zij mag diensten verlenen aan eigenaars,bouwheren en aangestelde bij het realiseren van bouwprojecten.Deze taak omvat onder andere de coördinatie,de evaluatie,het ontwerpen,de planning,de kostprijsraming en realisatie van bouwprojecten,van delen van bouwprojecten en of constructies Deze diensten omvatten ook adviezen in verband met bouwkosten en kwaliteit,het optreden als onafhankelijk deskundige,en dergelijke.
Alle activiteiten in verband met de horeca;
Chicabars,snackbars,pizzeria’s,brouwerijen,eetstations,hotels,restaurants,herbergen,cafés,discotheken,buffetten,publiekvestiaires,verhuur van zalen,organisatiezalen van banketten en traiteurs;
De handel in al zijn vormen van wijnen of niet alcoholische dranken en alles wat betrekking heeft op de wijnbouw;
Algemene voedingswinkel;
Aan en verkoop van textiel in het algemeen,diverse kledingstukken,schoenen,schoenmakerij,lederwaren in de ruimste zin van het woord;
Import en export
Kapsalon
Het uitoefenen van pedicure,manicure,nagelverzorgingen,wellness-centra en lichaamsverzorging in het algemeen en alle activiteiten die hiermee rechtstreeks of onrechtstreeks verband houden alsook het kopen,aankopen,huren,verhuren,invoeren,uitvoeren,distributie,de handel en de marketing in het algemeen van alle accessoires die hiermee een rechtstreeks of onrechtstreeks verband houden;
Het uitbaten van esthetieksalon,massagesalons,fitnessruimtes,sportcentra,wellness-centra,zonnecentra,zowel bemand als onbemand,sauna’s,hypoxiecentra,bodystyling centra,relaxatiecentra en alle activiteiten die hiermee rechtstreeks of onrechtstreeks verband houden alsook het kopen,aankopen,huren,verhuren,invoeren,uitvoeren,distributie,de handel en de marketing in het algemeen van alle accessoires die hiermee een rechtstreeks of onrechtstreeks verband houden;
Check the withholding obligation
If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number
0768.427.466
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