Checked.be
Active
BE 0755.393.933Private limited company
FERBECO CONSTRUCT
Nelcastraat 15 ·8860 Lendelede, Belgium· 5 yrs active
Sector: General construction of residential buildings
(41001)
Conclusion
The computed 12-month bankruptcy probability of FERBECO CONSTRUCT is 1.6% (moderate). The 2025 annual accounts show equity of €190k and a net result of €1.15M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 2079 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €190k |
| Net result | €1.15M |
| Staff (FTE) | 17.9 |
| Better than sector | 17% |
Financial profile
66
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
45
Profitability
100
Solvency
15
Growth
78
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
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.
Checked score
45
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
81
2021
100
2022
100
2023
73
2024
45
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.96 (< 1.0)
-10
Leverage
Debt/equity 13.47 (> 3.0)
-10
Profitability
ROE 602% (≥ 10%)
+10
Interest coverage
Interest coverage 16.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 28-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
The figures below are the statutory (non-consolidated) annual accounts. This company also files consolidated accounts; the group figures can differ substantially.
No trend projection for this company: it files both statutory and consolidated annual accounts. The statutory figures above track the parent, and they jump when activities move inside the group, not when the business grows or shrinks. A trend through such a series measures a restructuring, not a business trajectory.
Sector comparison
Fiscal year 2025 · NACE 41, Construction of residential and non-residential buildings · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.9% | 37.5% | |
| Net result | €1.15M | €21k | |
| Equity | €190k | €220k | |
| Gross operating margin | €2.25M | €151k | |
| Staff costs | €1.70M | €192k |
€540k
-1.1%
21-25
€1.15M
-25.3%
21-25
€1.46M
-16.0%
21-25
€2.75M
+15.6%
21-25
€190k
-47.8%
21-25
€-90k
-
21-25
18
-21.5%
21-25
€1.70M
-5.2%
21-25
€53k
-36.9%
21-25
€1.32M
-42.1%
21-25
€2.56M
+27.1%
21-25
€2.28M
+30.5%
21-25
€286k
+4.9%
21-25
0.96
-12.4%
21-25
0.96
-12.4%
21-25
6.9%
-54.8%
21-25
13.47
+143.3%
21-25
601.7%
+43.0%
21-25
41.6%
-35.4%
21-25
16.21
-20.4%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €540k | €546k | €393k | €245k | €134k |
| Net profit | €1.15M | €1.53M | €566k | €366k | €97k |
| Cash flow | €1.46M | €1.74M | €660k | €384k | €107k |
| Staff costs | €1.70M | €1.79M | €1.65M | €1.71M | €697k |
| Income taxes | €53k | €84k | €70k | €56k | €25k |
| Dividends | €1.32M | €2.28M | - | - | - |
| Total assets | €2.75M | €2.38M | €1.95M | €1.01M | €477k |
| Equity | €190k | €364k | €1.11M | €544k | €177k |
| Debt | €2.56M | €2.02M | €837k | €468k | €300k |
| of which ≤ 1y | €2.28M | €1.74M | €439k | €436k | €270k |
| of which > 1y | €286k | €273k | €398k | €32k | €30k |
| Working capital | €-90k | €168k | €891k | €471k | €132k |
| Employees (FTE) | 17.9 | 22.8 | 23.0 | 25.6 | 9.1 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.96 | 1.10 | 3.03 | 2.08 | 1.49 |
| Quick ratio | 0.96 | 1.10 | 3.03 | 2.08 | 1.49 |
| Working capital ratio | -3.3% | 7.1% | 45.8% | 46.6% | 27.7% |
| Solvency | 6.9% | 15.3% | 57.0% | 53.7% | 37.2% |
| Debt / equity | 13.47 | 5.54 | 0.75 | 0.86 | 1.69 |
| Long-term debt ratio | 1.50 | 0.75 | 0.36 | 0.06 | 0.17 |
| Interest coverage | 16.21 | 20.37 | 25.44 | 26.57 | 57.50 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 41.6% | 64.4% | 29.1% | 36.2% | 20.4% |
| ROE | 601.7% | 420.8% | 51.0% | 67.4% | 54.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €2.75M | €2.38M | €1.95M | €1.01M | €477k |
| Fixed assets | 21/28 | €566k | €469k | €617k | €105k | €75k |
| Tangible fixed assets | 22/27 | €541k | €443k | €588k | €76k | €49k |
| Financial fixed assets | 28 | €25k | €26k | €29k | €29k | €26k |
| Current assets | 29/58 | €2.19M | €1.91M | €1.33M | €907k | €402k |
| Amounts receivable within one year | 40/41 | €1.94M | €1.35M | €806k | €703k | €182k |
| Cash & bank | 54/58 | €253k | €545k | €524k | €203k | €221k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.75M | €2.38M | €1.95M | €1.01M | €477k |
| Equity | 10/15 | €190k | €364k | €1.11M | €544k | €177k |
| Contributions / capital | 10/11 | €80k | €80k | €80k | €80k | €80k |
| Reserves | 13 | €110k | €284k | €1.03M | €464k | €97k |
| Amounts payable | 17/49 | €2.56M | €2.02M | €837k | €468k | €300k |
| Amounts payable after one year | 17 | €286k | €273k | €398k | €32k | €30k |
| Amounts payable within one year | 42/48 | €2.28M | €1.74M | €439k | €436k | €270k |
| Trade debts payable within one year | 44 | €698k | €237k | €142k | €188k | €199k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2.25M | €2.36M | €2.05M | €1.97M | €837k |
| Operating result | 9901 | €225k | €342k | €299k | €228k | €125k |
| Financial income | 75 | €1.01M | €1.30M | €353k | €204k | €50 |
| Financial charges | 65 | €33k | €27k | €15k | €9k | €2k |
| Result before taxes | 9903 | €1.20M | €1.62M | €636k | €422k | €123k |
| Income taxes | 67/77 | €53k | €84k | €70k | €56k | €25k |
| Net result for the period | 9904 | €1.15M | €1.53M | €566k | €366k | €97k |
| Result to be appropriated | 9905 | €1.15M | €1.53M | €566k | €366k | €97k |
Legal Structure
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 29-09-2020 |
| Status | Active |
| Postal code | 8860 |
Establishment units
FERBECO CONSTRUCT
since 20202.308.412.136
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0335/00F003 | Flanders | 1,991 m² | 1 · 805 m² | 12.6 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2024
31-12
Financial
Highest result since 2021net €1.53M ▲171%
Operating result €342k, net result €1.53M, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.11M ▲104%
3 profitable years in a row build equity to €1.11M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
13-07
State Gazette act
Registered-office change
2022
31-12
Financial
Equity above €500kEq €544k ▲206%
2 profitable years in a row build equity to €544k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
13-07-2023
Registered-office move
All acts · 1
updated 3 years ago
2023
13-07-2023 Registered office moved from Izegem to Lendelede
- Melkmarktstraat 8 bus 11, 8870 Izegem → Nelcastraat 15, 8860 Lendelede
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Nelcastraat 15, 8860 Lendelede",
"city": "Lendelede",
"region": "vlaams_gewest",
"street": "Nelcastraat",
"country": "BE",
"postcode": "8860",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"old_address": {
"raw": "Melkmarktstraat 8 bus 11, 8870 Izegem",
"city": "Izegem",
"region": "vlaams_gewest",
"street": "Melkmarktstraat",
"country": "BE",
"postcode": "8870",
"box_number": "11",
"street_number": "8",
"locality_suffix": null
},
"effective_date": "2023-05-16",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-07-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-07-03",
"unanimous": null
},
"subject_company": {
"kbo": "0755.393.933",
"name_full": "FERBECO CONSTRUCT",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Bartosz Proszynski",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}Credit advice
Company registry (CBE)
Activities
General construction of residential buildings41001
Names & trade names
| Legal nameNL | FERBECO CONSTRUCT |
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