Age24 yrs
Real estate2 parcels · 839 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of FDG-Construct is 1.1% (low). The 2025 annual accounts show equity of €88k and a net result of €-23k. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 27-08-2026 | 27 d late | 2026-00437153 |
| 31-12-2024 | 31-07-2025 | 27-08-2025 | 27 d late | 2025-00415989 |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00418368 |
| 31-12-2022 | 31-07-2023 | 21-09-2023 | 52 d late | 2023-00450471 |
| 31-12-2021 | 31-07-2022 | 27-07-2022 | 4 d early | 2022-20229842 |
| 31-12-2020 | 31-07-2021 | 27-07-2021 | 4 d early | 2021-41200150 |
| 31-12-2019 | 31-07-2020 | 26-08-2020 | 26 d late | 2020-45300558 |
| 31-12-2018 | 31-07-2019 | 12-08-2019 | 12 d late | 2019-45400466 |
| 31-12-2017 | 31-07-2018 | 19-07-2018 | 12 d early | 2018-35200189 |
| 31-12-2016 | 31-07-2017 | 22-06-2017 | 39 d early | 2017-20700269 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.1%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Long track record
−Multiple establishment units
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (micro schema)
EBIT marginNot published (micro schema)
Net result€-23k
Working capital€105k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 27-08-2026 with the NBB · fiscal year 2025 · micro
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-23k |
| Cash flow | €-12k |
| Staff costs | €130 |
| Income taxes | €132 |
| Dividends | - |
| Total assets | €313k |
| Equity | €88k |
| Debt | €225k |
| of which ≤ 1y | €59k |
| of which > 1y | €166k |
| Working capital | €105k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 2.79 |
| Quick ratio | 2.79 |
| Working capital ratio | 33.7% |
| Solvency | 28.2% |
| Debt / equity | 2.54 |
| Long-term debt ratio | 1.87 |
| Interest coverage | -0.73 |
| Gross margin | - |
| Net margin | - |
| ROA | -7.4% |
| ROE | -26.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €313k |
| Fixed assets | 21/28 | €149k |
| Intangible fixed assets | 21 | €4k |
| Tangible fixed assets | 22/27 | €144k |
| Financial fixed assets | 28 | €70 |
| Current assets | 29/58 | €164k |
| Amounts receivable within one year | 40/41 | €113k |
| Cash & bank | 54/58 | €49k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €313k |
| Equity | 10/15 | €88k |
| Contributions / capital | 10/11 | €100k |
| Reserves | 13 | €43k |
| Accumulated profits (losses) | 14 | €-55k |
| Amounts payable | 17/49 | €225k |
| Amounts payable after one year | 17 | €166k |
| Amounts payable within one year | 42/48 | €59k |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-17k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-23k |
| Income taxes | 67/77 | €132 |
| Net result for the period | 9904 | €-23k |
| Result to be appropriated | 9905 | €-23k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed45
/ 100
Fair
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
2 directors6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
DEGROOTE Francis Etienne CecileDirectorState Gazette act 22389087 (29-12-2022)Current29-12-2022 → present
Former directors (1)
-
Alphonse Van den BergeDirectorState Gazette act 22389087 (29-12-2022)Former- → 29-12-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 30-04-2002 |
| Status | Active |
| Postal code | 8310 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
2 locationsElectro-Construct Van den Berghe & Degroote
since 20032.126.643.440
Astridlaan 357, 8310 Brugge
since 20122.235.504.263
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area839 m²
Buildings2
Building footprint464 m²
Volume (LiDAR)2,251 m³
Tallest building10.4 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029C0635/00L006 | Flanders | 577 m² | 1 · 361 m² | 10.4 m · 1 fl. |
| 31002A0346/00R000 | Flanders | 262 m² | 1 · 103 m² | 8.4 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act All acts · 1
updated 3 years ago
2022
29-12-2022 1 director appointed, 1 resigning
- DEGROOTE Francis Etienne Cecile, Bestuurder
- Alphonse Van den Berge, Bestuurder
Notary:
Lieselot VERDIN · Beernem
Analysis
Financial profile
4 of 5 axes measured49
/ 100
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
45
Profitability
0
Solvency
66
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
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BE 1032.009.229 · Brugge
BE 0478.353.223 · Brugge
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 3,241 of the 22,814 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Algemene elektrotechnische installatiewerken43211Elektrische installatie45310Smeden van metaal25401Vervaardiging van hang- en sluitwerk25620Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Overige werkzaamheden in verband met de afwerking van gebouwen43350
Primary activity highlighted.
Names & trade names
| Legal nameNL | FDG-Construct |
| AbbreviationNL | Electro-Construct VDB & DG |
Registered office
Brugse-Mettenstraat 31
8310 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.