FAVORIT CONSTRUCT
ActiveFAVORIT CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182k and a net result of €39k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+11
Solvency70▲+20
Growth66▼-6
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.26 in 2024; short-term debt: 51.9% and cash: 3.5% of total assets), and 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.6%
Return on assets
9.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 d late
2023
21 d late
2022
on the day
2021
2 d early
2020
31 d late
2019
72 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€889k▼ 24.6%
2024 · €1.18M
2018: €724k
2019: €700k
2020: €493k
2021: €539k
2022: €1.52M
2023: €1.50M
2024: €1.18M
2018 → 2025
EBIT margin
5.8%▲ 3.4pp
2024 · 2.3%
2018: 2.4%
2019: 3.3%
2020: 0.1%
2021: 3.8%
2022: 1.6%
2023: 3.3%
2024: 2.3%
2018 → 2025
Net result
€39k▲ 103%
2024 · €19k
2018: €11k
2019: €16k
2020: €58
2021: €13k
2022: €15k
2023: €35k
2024: €19k
2018 → 2025
Working capital
€105k▼ 0.2%
2024 · €105k
2018: €26k
2019: €37k
2020: €45k
2021: €60k
2022: €58k
2023: €76k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€539k-€1.52M▲ 181%€1.50M▼ 1.2%€1.18M▼ 21.4%€889k▼ 24.6%
Equity€75k-€90k▲ 19.8%€125k▲ 38.9%€144k▲ 15.3%€182k▲ 27.0%
Operating result€20k-€24k▲ 15.0%€50k▲ 111%€28k▼ 44.4%€51k▲ 85.5%
Net result€13k-€15k▲ 17.6%€35k▲ 136%€19k▼ 45.2%€39k▲ 103%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€92k▲ 42.3%
Current assets
€317k▼ 37.7%
Equity and liabilities €409k
Equity
€182k▲ 27.0%
Debt
€227k▼ 47.3%
The debt ratio falls from 75.0% to 55.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €58k
Cash flow
€71k▲
2024 · €49k
Solvency
44.6%▲
2024 · 25.0%
Current ratio
1.49▲
2024 · 1.26
Quick ratio
1.49▲
2024 · 1.26
Debt / equity
1.24▼
2024 · 2.99
ROE
21.2%▲
2024 · 13.3%
ROA
9.5%▲
2024 · 3.3%
Interest coverage
39.89▲
2024 · 29.29
Debt
€227k▼
2024 · €430k
Debt ≤ 1 year
€212k▼
2024 · €404k
Debt > 1 year
€14k▼
2024 · €26k
Income taxes
€10k▲
2024 · €7k
Staff costs
€34k▲
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€574k€409k▼
Fixed assets21/28€65k€92k▲
Tangible fixed assets22/27€64k€92k▲
Furniture and vehicles24€64k€92k▲
Financial fixed assets28€200€200=
Current assets29/58€509k€317k▼
Amounts receivable within one year40/41€308k€303k▼
Trade receivables40€280k€273k▼
Other amounts receivable41€27k€30k▲
Cash at bank and in hand54/58€63k€14k▼
Deferred charges and accrued income490/1€139k-
Equity and liabilities
Total equity and liabilities10/49€574k€409k▼
Equity10/15€144k€182k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€136k€174k▲
Amounts payable17/49€430k€227k▼
Amounts payable after more than one year17€26k€14k▼
Financial debts170/4€26k€14k▼
Amounts payable within one year42/48€404k€212k▼
Current portion of amounts payable after more than one year42€20k€25k▲
Trade debts44€362k€134k▼
Suppliers440/4€50k€134k▲
Bills of exchange payable441€312k-
Taxes, remuneration and social security45€22k€33k▲
Taxes450/3€18k€17k▼
Remuneration and social security454/9€4k€16k▲
Other amounts payable47/48-€21k
Income statement
Code20242025
Turnover70€1.18M€889k▼
Goods, raw materials, services and sundry goods60/61€1.09M€810k▼
Remuneration, social security and pensions62€33k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€93k€119k▲
Operating profit (loss)9901€28k€51k▲
Financial income75/76B€86-
Recurring financial income75€86-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€26k€49k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€19k€39k▲
Profit (loss) for the period to be appropriated9905€19k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€136k€174k▲
Profit (loss) brought forward from the previous period14P€116k€136k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €39k ▲103%
Operating result €51k, net result €39k, both a record.
31-12
Financial
Equity above €150kEq €182k ▲27%
8 profitable years in a row build equity to €182k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-12
Financial
Equity above €100kEq €125k ▲38.9%
6 profitable years in a row build equity to €125k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €58 ▼99.6%
Net result drops to €58, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 72 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vorstse Steenweg 611060 Sint-Gillis (bij-Brussel)Ground area
169 m²
Building footprint
170 m²
Volume, LiDAR
1,642 m³
Parcel 21562A0325/00P009, Brussels · tallest building 17.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FAVORIT CONSTRUCT
since 20072.162.833.942
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0325/00P009 | Brussels | 169 m² | 1 · 170 m² | 17.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
11 categoriesFAVORIT CONSTRUCT SRL45332
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DAVID VROMMAN
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,940 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45250
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43350Other building finishing work
53200Other postal and courier activities
64120
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.