FICA CONSTRUCT
ActiveSummary
FICA CONSTRUCT has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,709 and a net result of €228. Equity has been growing by about 11% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-02-2011 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.198.650.401 6674 Gouvy, since 08-02-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €25,807
- Profit
- €228
- Equity
- €39,709
- ▲ 0.6%
- Total assets
- €40,639
- ▲ 1.8%
Score breakdownraises riskSize: turnover €25,807, total assets €40,639Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2011Liquidity: current ratio 23.57, cash €13,194Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 97.7% of total assets
Liquidity
91+13
short-term debt 2.3% · cash 32.5%
Profitability
39+35
return on assets 0.6%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.6%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025highest value
06-2025: 0.5%▼ -0.1 percentage points vs 05-2025
07-2025: 0.3%▼ -0.2 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.2 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 23.57 (49.06 in 2024), above the usual 1.5. Short-term debt is 2.3% and cash 32.5% of total assets. 2.3% of the assets are financed with debt and provisions.
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 41, micro). It does better than 92% of them on solvency, 91% on liquidity, 23% on profitability and 37% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-05-2026, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
61 days early
2024
46 days early
2023
19 days late
2022
32 days early
2021
22 days late
2020
7 days early
2019
10 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 16 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 31-05-2026 PDF all 15 filings
Turnover
€25,807
2024 · €0
EBIT margin
1.0%▼ 92.9pp
2023 · 93.9%
Net result
€228
2024 · -€5,359
Working capital
€20,989▲ 1.1%
2024 · €20,761
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€25,807
2025
20182025
Operating result
€270
2025
20182025
Net result
€228
2025
20182025
EBIT margin
1.0%
2025
20182025
Equity
€39,709
▲ 0.6%
2025
20182025
Total assets
€40,639
▲ 1.8%
2025
20182025
Debt
€930
▲ 115%
2025
20182025
Working capital
€20,989
▲ 1.1%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€13,333-€3,810▼ 71.4%€12,857€9,955▼ 22.6%€12,000▲ 20.5%€0▼ 100%€25,807
Operating result€11,498-€1,900▼ 83.5%-€4,542€8,300€9,017▲ 8.6%€11,269▲ 25.0%-€5,317€270
Net result€10,575-€1,220▼ 88.5%-€4,976€7,903€8,981▲ 13.6%€10,414▲ 16.0%-€5,359€228
EBIT margin86.2%-49.9%▼ 36.4pp64.6%90.6%▲ 26.0pp93.9%▲ 3.3pp1.0%
Equity€21,298-€22,517▲ 5.7%€17,541▼ 22.1%€25,444▲ 45.1%€34,425▲ 35.3%€44,840▲ 30.3%€39,481▼ 12.0%€39,709▲ 0.6%
Total assets€36,115-€30,780▼ 14.8%€19,895▼ 35.4%€25,454▲ 27.9%€35,570▲ 39.7%€45,999▲ 29.3%€39,913▼ 13.2%€40,639▲ 1.8%
Debt€14,818-€8,262▼ 44.2%€2,354▼ 71.5%€10▼ 99.6%€1,145▲ 115×€1,159▲ 1.2%€432▼ 62.7%€930▲ 115%
Working capital€15,570-€11,602▼ 25.5%-€1,179€6,724€15,705▲ 134%€26,120▲ 66.3%€20,761▼ 20.5%€20,989▲ 1.1%
The operating result for 2025 is a profit of €270, after a loss of €5,317 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,639
Fixed assets
€18,720 =
Current assets
€21,919 ▲ 3.4%
Equity and liabilities €40,639
Equity
€39,709 ▲ 0.6%
Debt
€930 ▲ 115%
Debt's share of the balance-sheet total rises from 1.1% to 2.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
23.57▼
2024 · 49.06
Debt to equity
0.02▲
2024 · 0.01
ROE
0.6%▲
2024 · -13.6%
ROA
0.6%▲
2024 · -13.4%
Debt ≤ 1 year
€930▲
2024 · €432
Customer credit
123 days
Supplier credit
13 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €13,333 | €3,810 | - | €12,857 | €9,955 | €12,000 | €0 | €25,807 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €4,557 | €837 | €621 | €5,317 | €25,421 | ▲ 378% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €698 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €101 | €110 | - | €116 | - |
| Gross operating margin9900 | €12,197 | €1,900 | -€4,531 | €8,300 | €9,118 | €11,379 | -€5,317 | €386 | - |
| Operating profit (loss)9901 | €11,498 | €1,900 | -€4,542 | €8,300 | €9,017 | €11,269 | -€5,317 | €270 | - |
| Financial charges65/66B | - | - | - | €299 | €36 | €42 | €42 | €42 | = |
| Recurring financial charges65 | €830 | €584 | €322 | €299 | €36 | €42 | €42 | €42 | = |
| Profit (loss) for the period before taxes9903 | €10,669 | €1,316 | -€4,864 | €8,001 | €8,981 | €11,227 | -€5,359 | €228 | - |
| Income taxes67/77 | €94 | €96 | €113 | €98 | - | €813 | - | - | - |
| Profit (loss) for the period9904 | €10,575 | €1,220 | -€4,976 | €7,903 | €8,981 | €10,414 | -€5,359 | €228 | - |
| Profit (loss) for the period to be appropriated9905 | €10,575 | €1,220 | -€4,976 | €7,903 | €8,981 | €10,414 | -€5,359 | €228 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €36,115 | €30,780 | €19,895 | €25,454 | €35,570 | €45,999 | €39,913 | €40,639 | ▲ 1.8% |
| Fixed assets21/28 | €18,720 | €18,720 | €18,720 | €18,720 | €18,720 | €18,720 | €18,720 | €18,720 | = |
| Tangible fixed assets22/27 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Land and buildings22 | - | - | - | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Financial fixed assets28 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | €3,720 | = |
| Current assets29/58 | €17,395 | €12,060 | €1,175 | €6,734 | €16,850 | €27,279 | €21,193 | €21,919 | ▲ 3.4% |
| Amounts receivable within one year40/41 | €8,645 | €11,599 | €943 | €6,043 | €7,026 | €25,324 | €12,215 | €8,725 | ▼ 28.6% |
| Trade receivables40 | - | - | - | - | €1,150 | €13,440 | - | - | - |
| Other amounts receivable41 | - | - | - | €6,043 | €5,876 | €11,884 | €12,215 | €8,725 | ▼ 28.6% |
| Cash at bank and in hand54/58 | €8,750 | €460 | €232 | €691 | €9,824 | €1,955 | €8,978 | €13,194 | ▲ 47.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €36,115 | €30,780 | €19,895 | €25,454 | €35,570 | €45,999 | €39,913 | €40,639 | ▲ 1.8% |
| Equity10/15 | €21,298 | €22,517 | €17,541 | €25,444 | €34,425 | €44,840 | €39,481 | €39,709 | ▲ 0.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | - | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Issued capital100 | - | - | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €1,298 | €2,517 | -€2,459 | €5,444 | €14,425 | €24,840 | €19,481 | €19,709 | ▲ 1.2% |
| Amounts payable17/49 | €14,818 | €8,262 | €2,354 | €10 | €1,145 | €1,159 | €432 | €930 | ▲ 115% |
| Amounts payable after more than one year17 | €12,993 | €7,805 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €1,825 | €457 | €2,354 | €10 | €1,145 | €1,159 | €432 | €930 | ▲ 115% |
| Trade debts44 | - | - | - | - | - | €162 | - | €930 | - |
| Suppliers440/4 | - | - | - | - | - | €162 | - | €930 | - |
| Taxes, remuneration and social security45 | - | - | - | €10 | €1,145 | €997 | €432 | - | - |
| Taxes450/3 | - | - | - | €10 | €1,145 | €997 | €432 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,575 | €1,220 | -€4,976 | €7,903 | €8,981 | €10,414 | -€5,359 | €228 | - |
| + Depreciation and write-downs630 | €698 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €11,273 | €1,220 | -€4,976 | €7,903 | €8,981 | €10,414 | -€5,359 | €228 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€8,290 | -€228 | €459 | €9,133 | -€7,869 | €7,023 | €4,216 | ▼ 40.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as FICA CONSTRUCT has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of FICA CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 10,904 companies, not a prediction for FICA 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-05-2026 | 2026-00129519 | |
| 31-12-2024 | full format | 15-06-2025 | 2025-00139610 | |
| 31-12-2023 | full format | 19-08-2024 | 2024-00349233 | |
| 31-12-2022 | full format | 29-06-2023 | 2023-00173181 | |
| 31-12-2021 | full format | 22-08-2022 | 2022-20301825 | |
| 31-12-2020 | full format | 24-07-2021 | 2021-42900427 | |
| 31-12-2019 | full format | 21-07-2020 | 2020-32700034 | |
| 31-12-2018 | full format | 08-10-2019 | 2019-69100101 | |
| 31-12-2017 | full format | 26-07-2018 | 2018-38800193 | |
| 31-12-2016 | full format | 29-06-2017 | 2017-24200118 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Claude FICHAUX
Current
Director (not named in the articles) · in office according to the act of 09-01-2024 · earlier director, until 09-01-2024 · term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 13. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 09-01-2024Owners and capital
Capital transactions
Capital over time
- 09-01-2024 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Claude FICHAUX |
|
Articles of association
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Décision assemblée dans formes modifications statuts, 25”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “26, désigner liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 09-01-2024 (in French)
Network & group
FICA CONSTRUCT shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of FICA CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-05
full format · 61 days before the deadline
2025
31-12
Financial
Back to profitnet €228
The net result is €228, after one loss-making year.
15-06
full format · 46 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€5,359
The net result drops to -€5,359, the lowest from 2018 to 2025. It recovers the following year.
31-12
Financial
Liquidity more than doubledcurrent ratio 49.06
The current ratio rises from 23.54 to 49.06. Short-term debt falls from €1,159 to €432.
19-08
full format · 19 days late
09-01
Gazette deed
Resignation: Claude FICHAUX (director)Reappointment: Claude FICHAUX (director) · Capital conversion · Amendment of the articles10 points ▸
Gazette deed
Resignation: Claude FICHAUX (director)
Reappointment: Claude FICHAUX (director) · Capital conversion · Amendment of the articles10 points ▸
- General meeting, 28-12-2023
- Other provision, “adaptation des statuts au Code des Sociétés et des Associations, article 39 §1 alinéas 1 et 3 loi du 23-03-2019” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Amendment of the articles
- Other provision, “apports, droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
- Power of attorney, Quentin BOINET
- Director resignation, Claude FICHAUX (director)
- Director reappointment, Claude FICHAUX (director (not named in the articles))
- Director discharge, Claude FICHAUX
- Registered office clause, “6674 Montleban (Gouvy),Montleban,69, Sixième résolution” (deed in French)
2023
29-06
full format · 32 days before the deadline
2022
22-08
full format · 22 days late
2021
31-12
Financial
Back to profitnet €7,903
The net result is €7,903, after one loss-making year.
31-12
Financial
Liquidity more than 1348 timescurrent ratio 673.40
The current ratio rises from 0.50 to 673.40. Short-term debt falls from €2,354 to €10.
24-07
full format · 7 days before the deadline
Show earlier events
2020
21-07
full format · 10 days before the deadline
2019
31-12
Financial
Liquidity more than doubledcurrent ratio 26.38
The current ratio rises from 9.53 to 26.38. Short-term debt falls from €1,825 to €457.
08-10
full format · 69 days late
2018
26-07
full format · 5 days before the deadline
2017
29-06
full format · 32 days before the deadline
2011
25-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
FICA CONSTRUCT in French
Enterprise number
0833.728.064
Legal form
Private limited company
Status
Active, normale toestand
Founded
15-02-2011
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-01-2024 (in French)Registered office and establishments
Registered office
Montleban 69, 6674 Gouvy, Belgium
Establishment unit
Montleban 69, 6674 Gouvy since 08-02-2011 · unit number 2.198.650.4014100106
Phone
0495/20.49.81Gouvy
Fax
080/39.89.10Gouvy
Invoicing and payment
VAT number
BE 0833.728.064
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
1,821 m²
Building footprint
520 m²
Building volume
3,011 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 82020D0025/00S000 | Wallonia | 1,821 m² | 1 · 520 m² | 8.5 m · 2 |