FAY’S CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FAY’S CONSTRUCT is 3.2% (moderate). The 2025 annual accounts show equity of €120,605 and a net result of €57,412. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 39% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-03-2021 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 5 others
- Establishment unit
- 2.353.290.076 6040 Charleroi, since 01-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- FAYS SRLDirector · since 11-03-2021
- FAYS100%· score 812025 annual accounts of FAYS
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.2%
- Gross margin
- €80,469
- ▼ 4.5%
- Turnover
- ≈ €430,000
- estimated
- Profit
- €57,412
- ▼ 9.6%
- Equity
- €120,605
- ▲ 90.9%
- Total assets
- €342,840
- ▼ 18.9%
- Staff
- ≈ 0 FTE
- estimated
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts lateEx-officio strike-off in the KBOFounded in 20211 change of registered office in 24 monthsShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 37% of them on solvency, 26% on liquidity, 75% on profitability and 90% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 32 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466357.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 5 filings
2021 to 2025, 5 financial years
The operating result for 2025 is 10% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €8,400 |
| Depreciation and write-downs of the year | - | - | - | - | €3,375 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as FAY’S CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €305,000 and €386,000, founded between 2020 and 2021.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| FAY’S CONSTRUCT Charleroi | 2021 | €342,840 | €120,605 | €80,469 | - | €57,412 | 2025 |
| MS PISCINES Erquelinnes | 2021 | €315,520 | €109,580 | €69,652 | €918,763 | €10,741 | 2025 |
| ELVIT GROUP Sint-Jans-Molenbeek | 2020 | €325,811 | €185,714 | €79,253 | - | €45,094 | 2025 |
| DC Projects & Developments Gavere | 2021 | €377,757 | €50,177 | €88,442 | - | €70,580 | 2025 |
| FGWorks Zwalm | 2020 | €304,625 | €129,061 | €85,801 | - | €19,043 | 2025 |
| STAN MEIRE Ieper | 2021 | €306,437 | €136,597 | €88,730 | - | €44,472 | 2025 |
| ThD Solutions Verviers | 2021 | €385,872 | €151,206 | €74,691 | - | €26,512 | 2025 |
They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 26,972 companies had the same profile as FAY’S CONSTRUCT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FAY’S CONSTRUCT itself is higher: 3.2% within 12 months. It rests on far more data about FAY’S CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,445 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for FAY’S CONSTRUCT. 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €98 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €3,375 | - |
| Other operating charges640/8 | €348 | €348 | - | €344 | €66 | ▼ 80.9% |
| Non-recurring operating charges66A | - | €554 | - | - | €1,266 | - |
| Gross operating margin9900 | -€1,550 | -€97 | -€298 | €84,252 | €80,469 | ▼ 4.5% |
| Operating profit (loss)9901 | -€1,898 | -€999 | -€298 | €83,909 | €75,664 | ▼ 9.8% |
| Financial income75/76B | - | - | - | €0 | €3,917 | ▲ 55,961× |
| Recurring financial income75 | - | - | - | €0 | €3,917 | ▲ 55,961× |
| Financial charges65/66B | €47 | €50 | €47 | €144 | €554 | ▲ 285% |
| Recurring financial charges65 | €47 | €50 | €47 | €144 | €554 | ▲ 285% |
| Profit (loss) for the period before taxes9903 | -€1,944 | -€1,048 | -€345 | €83,765 | €79,028 | ▼ 5.7% |
| Income taxes67/77 | - | - | - | €20,235 | €21,616 | ▲ 6.8% |
| Profit (loss) for the period9904 | -€1,944 | -€1,048 | -€345 | €63,530 | €57,412 | ▼ 9.6% |
| Profit (loss) for the period to be appropriated9905 | -€1,944 | -€1,048 | -€345 | €63,530 | €57,412 | ▼ 9.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,953 | €2,292 | €358 | €422,499 | €342,840 | ▼ 18.9% |
| Fixed assets21/28 | - | - | - | - | €5,025 | - |
| Tangible fixed assets22/27 | - | - | - | - | €5,025 | - |
| Furniture and vehicles24 | - | - | - | - | €5,025 | - |
| Current assets29/58 | €2,953 | €2,292 | €358 | €422,499 | €337,815 | ▼ 20.0% |
| Stocks and contracts in progress3 | - | - | - | €84,588 | €34,443 | ▼ 59.3% |
| Stocks30/36 | - | - | - | €84,588 | €34,443 | ▼ 59.3% |
| Amounts receivable within one year40/41 | €2,097 | €2,097 | €306 | €324,406 | €242,956 | ▼ 25.1% |
| Trade receivables40 | €2,097 | €2,097 | - | €290,083 | €184,491 | ▼ 36.4% |
| Other amounts receivable41 | - | - | €306 | €34,323 | €58,465 | ▲ 70.3% |
| Cash at bank and in hand54/58 | €856 | €195 | €52 | €13,505 | €60,416 | ▲ 347% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,953 | €2,292 | €358 | €422,499 | €342,840 | ▼ 18.9% |
| Equity10/15 | €1,056 | €7 | -€337 | €63,193 | €120,605 | ▲ 90.9% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Contributions outside capital11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Other1109/19 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€1,944 | -€2,993 | -€3,337 | €60,193 | €117,605 | ▲ 95.4% |
| Amounts payable17/49 | €1,898 | €2,285 | €695 | €359,306 | €222,235 | ▼ 38.1% |
| Amounts payable within one year42/48 | €1,898 | €2,285 | €695 | €359,306 | €222,235 | ▼ 38.1% |
| Trade debts44 | €1,898 | €2,285 | €695 | €336,510 | €180,384 | ▼ 46.4% |
| Suppliers440/4 | €1,898 | €2,285 | €695 | €336,510 | €180,384 | ▼ 46.4% |
| Taxes, remuneration and social security45 | - | - | - | €20,235 | €41,851 | ▲ 107% |
| Taxes450/3 | - | - | - | €20,235 | €41,851 | ▲ 107% |
| Other amounts payable47/48 | - | - | - | €2,561 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,944 | -€1,048 | -€345 | €63,530 | €57,412 | ▼ 9.6% |
| + Depreciation and write-downs630 | - | - | - | - | €3,375 | - |
| Operating cash flow (approximation) | -€1,944 | -€1,048 | -€345 | €63,530 | €60,788 | ▼ 4.3% |
| Change in cash | - | -€661 | -€144 | €13,453 | €46,911 | ▲ 249% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00466357 | NBB |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00432154 | |
| 31-12-2023 | micro format | 03-10-2024 | 2024-00502784 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00441792 | |
| 31-12-2021 | micro format | 10-08-2022 | 2022-20280663 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- FAYS
- FAY’S CONSTRUCT
Owners 1
- FAYSparentSourceaccounts FAYS 2025Equity €578,024 Profit of €90,718 in 2025 (profit of €68,618 in 2024) Checked score 81100%
Capital transactions
- 07-09-2026 Capital stated in 2 acts · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “L'assemblée qui nomme le ou les administrateur(s) fixe leur nombre, la durée de leur mandat et, en cas de pluralité, leurs pouvoirs, Lorsque…”“L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement, Cette rémunération sera portée aux frais généraux…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d'expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
Articles of association, deed of 07-09-2026 (in French)
Network & group
Connections & network
1 current directorThe network starts from the directors of FAY’S CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
07-09
Gazette deed
Company renamed from FAY'S to FAY'S CONSTUCTIncorporation · Declaration · Capital6 points ▸
- General meeting, 12-08-2026
- Incorporation, 10-03-2021
- Declaration, “acts form a whole, Article 19 al 3 de la loi organique relative à l'organisation de la profession notariale” (deed in French)
- General meeting, “déplacement du siège social et extension de l'objet social, adoption de la traduction et de la coordination des statuts dans la nouvelle langue” (deed in French)
- Name change, FAY'S CONSTUCT
- Capital
19-08
Gazette deed
Registered office moved from Kraainem to JumetCapital · Amendment of the articles · Purpose change12 points ▸
- General meeting, 12-08-2026
- Capital
- Registered-office move, rue d’Edimbourg, nummer 34 te 6040 Jumet
- Amendment of the articles, 2
- Purpose change
- Amendment of the articles, 3
- Power of attorney, Alexis BRAHY
- Other provision, “Uitbreiding voorwerp na kennisneming van het gedetailleerd verslag, waarbij verantwoording van de voorgestelde uitbreiding van het voorwerp wordt gegeven” (deed in Dutch)
- Other provision, “Wijziging van de statuten in die zin” (deed in Dutch)
- General meeting, “validity recognition, Deze verklaring van de Voorzitter wordt door de Vergadering erkend. De Vergadering stelt vast dat ze geldig is samengesteld en dat ze bijg…” (deed in Dutch)
- Other provision, “ondergetekende notaris, formalities check” (deed in Dutch)
- Other provision, “Na beraadslaging over de agendapunten neemt de Vergadering de volgende resoluties aan” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
71 activities
- L'achat et la vente de tous types de véhicules, neufs ou d'occasion
- L'importation et l'exportation de tous types de véhicules, neufs ou d'occasion
- L'entretien courant des véhícules à moteur: nettoyage, traitement antirouille, vidange, réparation, montage ou remplacement de pneus ou de chambres à air, réparation de pare-brise ou de vitres, etc.
- Le montage de piéces et d'accessoires, y compris les travaux de transformation
- Le commerce et la vente de véhicules à moteur et de motos
- La vente au détail de véhicules à moteur ainsi que l'activité d'intermédiaire dans le commerce de véhicules à moteur
- Le commerce de remorques, de caravanes et d'articles similaires, tant neufs que d'occasion
- Service de remorquage et d'assistance routière
- Toute activité d'intermédiaire dans le commerce
- Activités réglementées de construction, de réparation et d'entretien des routes
- L'activité immobilière, au sens large du terme, et en particulier l'achat, l'échange, la vente, la location et la sous-location, ainsi que la cession de baux et de sous-baux, le tout avec ou sans option d'achat, l'exploitation et l'entretien de logements, d'appartements, de bureaux, de magasins, d'établissements commerciaux, de terrains, de terrains et de biens immobiliers, et, en général, de tous les biens immobiliers, ainsi que toutes les opérations de financement
- Travaux de transformation et d'agrandissement
- Étude et l'aménagement de lotissements
- D'acquérir des participations directes ou indirectes dans toute société ou entreprise commerciale, industrielle, financière, mobilière ou immobilière
- D'exercer un contrôle sur leur gestion ou d'y participer en assumant tous les mandats au sein desdites sociétés et entreprises
- D'acheter, de gérer et de vendre tous biens mobiliers ou immobiliers, tous droits sociaux et, plus généralement, d'exercer toutes activités de gestion des portefeuilles ainsi constitués
- L'achat, la vente, la construction, la transformation, l'aménagement, la location ou toute autre opération similaire concernant un immeuble, quelle que soit sa destination
- Toutes les fonctions de conseil et/ou de service connexes, les conseils, la formation, la préparation, les calculs, les études, l'expertise technique, l'assistance, la prestation de services et le conseil en matière d'organisation et de gestion d'entreprises actives dans ce domaine
- Entreprise générale de construction
- Entrepreneur en maçonnerie et béton
- Entrepreneur charpentier-menuisier
- Entrepreneur en couverture non métallique pour bâtiments
- Entrepreneur en toitures en zinc et en métal pour constructions
- Entrepreneur en étanchéité des bâtiments
- Entrepreneur en démolition
- Installation de chauffage central
- Entrepreneur en plafonds en béton
- Entrepreneur carreleur
- Installation électrique
- Tapissier et pose de revêtements muraux et de sols
- Entrepreneur en vitrerie
- Installation de plomberie et de sanitaires
- Installation de chauffage au gaz par appareils individuels
- Entreprise de peinture industrielle
- Entreprise de réparation de corniches en PVC
- Entreprise de dégraissage de toitures
- Ramoneur
- Entreprise de montage d'échafaudages
- Rejointoiement et nettoyage de façades
- Entreprise d'assainissement
- Travaux de distribution d'eau et de gaz
- Entreprise de pose de câbles et de canalisations
- Entreprise d'aménagement d'aires de jeux et de terrains de sport, de parcs et de jardins
- Entreprise de terrassement
- Entreprise d'assainissement
- Entreprise de pose de clôtures
- Entreprise d'isolation thermique et acoustique
- Ventilation, chauffage à air chaud, climatisation et tuyauterie industrielle
- Entreprises de pose de paratonnerres
- Entreprise d'installation de ferronnerie, de volets, de menuiserie métallique et en PVC
- Fabrication d'agglomérats de ciment et de produits préfabriqués en ciment et en béton
- Tapisserie d'ameublement non métallique
- Pose d'articles en matières plastiques ou en produits synthétiques conformément à l'article 6 de l'arrêté royal du 31 août 1964
- Tous les systèmes de chauffage, de refroidissement, de ventilation, de climatisation et d'équipement de cuisine
- Tous les appareils et articles sanitaires
- Tous les appareils, machines et outils destinés à tous types d'usage commercial et industriel
- Tous les appareils électriques, machines et équipements, appareils ménagers, électroniques d'éclairage, ainsi que les équipements radioélectriques
- Tous les produits et matériaux destinés à la construction, ainsi que tous les matériaux complémentaires et services
- Toutes les opérations commerciales, industrielles, financières, mobilières et immobilières qui se rapportent directement ou indirectement à son objet, ou qui peuvent faciliter son développement
- L'acquisition, l'exploitation, l'exposition et l'octroi de tous brevets, licences ou marques commerciales liés à son objet
- Toutes les activités liées directement ou indirectement à l'acquisition de participations, sous quelque forme que ce soit, dans toute entreprise ayant un objet, ainsi qu'à la prestation de services à ses filiales, à l'administration, à la gestion, au contrôle et au développement de ces participations
- Fournir des services administratifs et commerciaux à ses filiales
- Utiliser ses fonds pour créer, gérer, développer, améliorer et liquider un portefeuille composé de tous titres et brevets, quelle qu'en soit l'origine
- Participer à la création, au développement et au contrôle de toute entreprise, par voie d'apport, souscription, prise de participation ou option d'achat ou de toute autre manière
- Fournir toute aide, tout prêt, toute avance ou toute garantie aux sociétés dans lesquelles elle prend une participation
- Emprunter des fonds, avec ou sans garantie, à donner ses biens en gage ou à les hypothéquer, à se porter garante personnellement et/ou par voie de sûreté réelle vis-à-vis d'autres entreprises, sociétés ou tiers
- Les prestations de services, de conseil/consultance, de gestion, d'organisation et de management d'entreprises, assistance, formation dans son sens le plus large et notamment mais non exclusivement: gestion journalière de sociétés, analyses de besoins, études techniques et scientifiques, études de marché, méthode de marketing et de commercialisation de services ou de produits, études de sécurité économiques, analyses financières, organisation et gestion des ressources humaines, politique d'investissement, la gestion de projets, le développement et la mise en place de solutions dans les domaines financiers, administratifs, organisationnels et informatiques, de stratégie managériale, de la communication, de l'audiovisuel, des multimédias, de la publicité, du project management, de la formation et du coaching individuel ou d'équipe
- Toutes les opérations mobiliéres et immobilières, commerciales, industrielles ou financières qui se rapportent directement ou indirectement à son objet ou qui permettent son expansion ou son développement
- Prendre une participation, par apport, souscription, cession, participation, fusion, intervention financière ou de toute autre manière, dans toutes les entreprises, associations et sociétés en Belgique et à l'étranger
- Exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés
- Fournir tous les services relevant de son objet social, y compris la gestion de patrimoine
Invoicing and payment
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 0764.924.281
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
Rue d'Edimbourg 346040 Charleroi