FGWorks
The computed 12-month bankruptcy probability of FGWorks is 2.3% (moderate). The 2024 annual accounts show equity of €109k and a net result of €20k. Its solvency ranks better than 37% of 11080 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €109k |
| Net result | €20k |
| Better than sector | 37% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.5% | 40.9% | |
| Net result | €20k | €11k | |
| Equity | €109k | €34k | |
| Gross operating margin | €81k | €35k | |
| Total assets | €356k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €78k |
| Net profit | €20k |
| Cash flow | €63k |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | €2k |
| Total assets | €356k |
| Equity | €109k |
| Debt | €247k |
| of which ≤ 1y | €92k |
| of which > 1y | €155k |
| Working capital | €-29k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.69 |
| Quick ratio | 0.33 |
| Working capital ratio | -8.2% |
| Solvency | 30.5% |
| Debt / equity | 2.27 |
| Long-term debt ratio | 1.43 |
| Interest coverage | 7.88 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.7% |
| ROE | 18.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €356k |
| Fixed assets | 21/28 | €292k |
| Tangible fixed assets | 22/27 | €292k |
| Current assets | 29/58 | €63k |
| Stocks & contracts in progress | 3 | €32k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €356k |
| Equity | 10/15 | €109k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €106k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €247k |
| Amounts payable after one year | 17 | €155k |
| Amounts payable within one year | 42/48 | €92k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €81k |
| Operating result | 9901 | €36k |
| Financial income | 75 | €448 |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €26k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €20k |
| Result to be appropriated | 9905 | €20k |
| NACE primary | Specialised construction(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 26-10-2020 |
| Status | Active |
| Postal code | 9630 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45046A0050/00E000 | Flanders | 2,138 m² | 1 · 127 m² | 6.6 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-11-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Micka\u00EBl VELTMANS",
"firm_city": null,
"firm_name": null,
"office_city": "Lierde",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-11-03",
"filing_date": "2025-10-30",
"act_kind_objet": "DIVERSEN"
},
"key_dates": [
{
"date": "2025-10-29",
"label": "akte date"
},
{
"date": "2020-10-22",
"label": "oprichting akte date"
},
{
"date": "2020-10-28",
"label": "bekendmaking date"
},
{
"date": "2025-10-30",
"label": "neerlegging date"
},
{
"date": "2025-11-03",
"label": "bekendmaking date"
}
],
"key_parties": [
{
"kind": "person",
"name": "Micka\u00EBl VELTMANS",
"role": "notaris"
},
{
"kind": "org",
"name": "D\u0026D Fisc",
"role": "lasthebber ad hoc"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0757.474.978",
"name_full": "FGWorks",
"legal_form": "B.V."
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "statutes_change"
}28-10-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9630 Zwalm, Knokstraat 62",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1992-03-15",
"name": "GRANDBLAISE Fr\u00E9deric William Paul",
"niss": null,
"address": "9630 Zwalm, Knokstraat 62"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1800,
"holder_person_name": "GRANDBLAISE Fr\u00E9deric William Paul",
"is_subscriber_only": false,
"n_shares_subscribed": 60,
"amount_subscribed_eur": 1800,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1991-02-14",
"name": "VAN TOMME Nathalie Aurel Yvonne",
"niss": null,
"address": "9630 Zwalm, Knokstraat 62"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1200,
"holder_person_name": "VAN TOMME Nathalie Aurel Yvonne",
"is_subscriber_only": false,
"n_shares_subscribed": 40,
"amount_subscribed_eur": 1200,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0757.474.978",
"name_full": "FGWorks",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-10-22",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | FGWorks |