FIAS CONSTRUCT
ActiveSummary
FIAS CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €13k. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+3
Solvency92▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.17 in 2024; short-term debt: 32.9% and cash: 2.4% of total assets), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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
67.1%
Return on assets
6.9%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
59 d late
2022
64 d late
2021
234 d late
2020
90 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▲ 79.3%
2024 · €7k
2018: €1k
2019: €14k
2020: €14k
2021: €-9k
2022: €61k
2023: €22k
2024: €7k
2018 → 2025
Working capital
€118k▲ 31.6%
2024 · €90k
2018: €3k
2019: €12k
2020: €22k
2021: €-2k
2022: €64k
2023: €85k
2024: €90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€87k▲ 237%€108k▲ 25.0%€116k▲ 6.8%€129k▲ 11.4%
Operating result€-3k-€86k€36k▼ 58.5%€17k▼ 53.8%€26k▲ 54.3%
Net result€-9k-€61k€22k▼ 64.5%€7k▼ 65.9%€13k▲ 79.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€11k ▼ 58.4%
Current assets
€181k ▲ 9.1%
Equity and liabilities €192k
Equity
€129k ▲ 11.4%
Debt
€63k ▼ 17.3%
Debt's share of the balance-sheet total falls from 39.8% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €35k
Cash flow
€33k▲
2024 · €26k
Current ratio
2.87▲
2024 · 2.17
Quick ratio
2.71▲
2024 · 2.17
Debt to equity
0.49▼
2024 · 0.66
ROE
10.3%▲
2024 · 6.4%
ROA
6.9%▲
2024 · 3.8%
Interest coverage
10.75▼
2024 · 20.51
Debt ≤ 1 year
€63k▼
2024 · €76k
Income taxes
€8k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€192k€192k=
Fixed assets21/28€26k€11k▼
Tangible fixed assets22/27€26k€11k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€22k€9k▼
Current assets29/58€166k€181k▲
Stocks and contracts in progress3-€10k
Stocks30/36-€10k
Amounts receivable within one year40/41€157k€167k▲
Trade receivables40€145k€149k▲
Other amounts receivable41€13k€17k▲
Cash at bank and in hand54/58€7k€5k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€192k€192k=
Equity10/15€116k€129k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€107k€121k▲
Amounts payable17/49€76k€63k▼
Amounts payable within one year42/48€76k€63k▼
Current portion of amounts payable after more than one year42€18k€2k▼
Financial debts43€721€12k▲
Credit institutions430/8€721€12k▲
Trade debts44€45k€30k▼
Suppliers440/4€45k€30k▼
Taxes, remuneration and social security45€8k€16k▲
Taxes450/3€8k€16k▲
Other amounts payable47/48€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€20k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€43k€53k▲
Operating profit (loss)9901€17k€26k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€15k€21k▲
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€121k▲
Profit (loss) brought forward from the previous period14P€100k€107k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Equity above €100kEq €108k ▲25%
2 profitable years in a row build equity to €108k.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 234 days late
2022
31-12
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-9k ▼166%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 664 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2013
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.
Ganzenweidestraat 3141130 BrusselGround area
2,651 m²
Building footprint
237 m²
Volume, LiDAR
1,598 m³
Parcel 21821A0188/00E000, Brussels · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FIAS CONSTRUCT
since 20132.218.284.486
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821A0188/00E000 | Brussels | 2,651 m² | 1 · 237 m² | 7.6 m · 2 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.
Similar companies · same sector, comparable size
L.S.F. SERVICES
BE 0747.918.302
Halle · Eq €128,712
SOLID OFFICIAL SYSTEM OF CONSTRUCTION
BE 0725.773.202
Vilvoorde · Eq €128,679
ML PROJECTS
BE 0544.691.127
Zandhoven · Eq €128,659
ARCO - H
BE 0457.025.594
Cerfontaine · Eq €128,645
Klusjes Gent
BE 0739.892.244
Gent · Eq €128,828
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.