FINECO CONSTRUCTION
BankruptcySummary
The KBO register records for FINECO CONSTRUCTION the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €168,634 and a net result of -€9,285.
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Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 17-08-2022, 17 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
17 d late
2020
10 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the General construction of residential buildings sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€9,285▼ 180%
2020 · -€3,319
Working capital
€245,483▲ 1,057%
2020 · €21,225
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€45,098-€88,669-€21,267-€423▲ 98.0%
Net result-€44,586-€70,684-€3,319below the sector's middle half-€9,285below the sector's middle half▼ 180%
Equity-€44,447-€181,238€177,919above the sector's middle half▼ 1.8%€168,634within the sector's middle half▼ 5.2%
Total assets€129,810-€331,111▲ 155%€282,446within the sector's middle half▼ 14.7%€756,606within the sector's middle half▲ 168%
Debt€174,256-€149,873▼ 14.0%€104,527▼ 30.3%€587,972▲ 463%
Working capital-€54,256-€20,486€21,225within the sector's middle half▲ 3.6%€245,483within the sector's middle half▲ 1,057%
Solvency-34.2%-54.7%▲ 89.0pp63.0%above the sector's middle half▲ 8.3pp22.3%within the sector's middle half▼ 40.7pp
Current ratio0.69-1.14▲ 0.451.20within the sector's middle half▲ 0.071.69within the sector's middle half▲ 0.49
Return on assets (ROA)-34.3%-21.3%▲ 55.7pp-1.2%below the sector's middle half▼ 22.5pp-1.2%below the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €423 in 2021 against €21,267 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €756,606
Fixed assets
€156,151 ▼ 0.3%
Current assets
€600,455 ▲ 377%
Equity and liabilities €756,606
Equity
€168,634 ▼ 5.2%
Debt
€587,972 ▲ 463%
Debt's share of the balance-sheet total rises from 37.0% to 77.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€120▲
2020 · -€17,210
Cash flow
-€8,742▼
2020 · €739
Debt to equity
3.49
ROE
-5.5%▼
2020 · -1.9%
Interest coverage
0.06
Debt ≤ 1 year
€354,972▲
2020 · €104,527
Debt > 1 year
€233,000
Income taxes
€6,910▲
2020 · -€18,000
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,057 | €4,057 | €4,058 | €543 | ▼ 86.6% |
| Other operating charges640/8 | - | - | - | €455 | - |
| Gross operating margin9900 | -€40,891 | €98,307 | -€17,073 | €575 | ▲ 103% |
| Operating profit (loss)9901 | -€45,098 | €88,669 | -€21,267 | -€423 | ▲ 98.0% |
| Financial income75/76B | - | - | - | €153 | - |
| Recurring financial income75 | €511 | €16 | - | €153 | - |
| Financial charges65/66B | - | - | - | €2,106 | - |
| Recurring financial charges65 | - | €0 | €51 | €2,106 | ▲ 4,019% |
| Profit (loss) for the period before taxes9903 | -€44,586 | €88,684 | -€21,319 | -€2,375 | ▲ 88.9% |
| Income taxes67/77 | - | €18,000 | -€18,000 | €6,910 | ▲ 138% |
| Profit (loss) for the period9904 | -€44,586 | €70,684 | -€3,319 | -€9,285 | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | -€44,586 | €70,684 | -€3,319 | -€9,285 | ▼ 180% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €129,810 | €331,111 | €282,446 | €756,606 | ▲ 168% |
| Fixed assets21/28 | €9,809 | €160,752 | €156,694 | €156,151 | ▼ 0.3% |
| Intangible fixed assets21 | - | €155,000 | €155,000 | €155,000 | = |
| Tangible fixed assets22/27 | €9,563 | €5,506 | €1,448 | €905 | ▼ 37.5% |
| Plant, machinery and equipment23 | - | - | - | €905 | - |
| Financial fixed assets28 | €246 | €246 | €246 | €246 | = |
| Current assets29/58 | €120,000 | €170,359 | €125,752 | €600,455 | ▲ 377% |
| Amounts receivable within one year40/41 | €83,695 | €170,359 | €115,576 | €573,915 | ▲ 397% |
| Trade receivables40 | - | - | - | €359,415 | - |
| Other amounts receivable41 | - | - | - | €214,500 | - |
| Cash at bank and in hand54/58 | €36,305 | - | €10,175 | €26,539 | ▲ 161% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €129,810 | €331,111 | €282,446 | €756,606 | ▲ 168% |
| Equity10/15 | -€44,447 | €181,238 | €177,919 | €168,634 | ▼ 5.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | - |
| Revaluation surpluses12 | - | - | - | €155,000 | - |
| Reserves13 | €1,161 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | -€51,807 | €18,178 | €14,859 | €5,574 | ▼ 62.5% |
| Amounts payable17/49 | €174,256 | €149,873 | €104,527 | €587,972 | ▲ 463% |
| Amounts payable after more than one year17 | - | - | - | €233,000 | - |
| Financial debts170/4 | - | - | - | €233,000 | - |
| Amounts payable within one year42/48 | €174,256 | €149,873 | €104,527 | €354,972 | ▲ 240% |
| Trade debts44 | €111,940 | €55,003 | €15,829 | €121,523 | ▲ 668% |
| Suppliers440/4 | - | - | - | €91,523 | - |
| Bills of exchange payable441 | - | - | - | €30,000 | - |
| Taxes, remuneration and social security45 | - | - | - | €170,449 | - |
| Taxes450/3 | - | - | - | €10,341 | - |
| Remuneration and social security454/9 | - | - | - | €160,107 | - |
| Other amounts payable47/48 | - | - | - | €63,000 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€44,586 | €70,684 | -€3,319 | -€9,285 | ▼ 180% |
| + Depreciation and write-downs630 | €4,057 | €4,057 | €4,058 | €543 | ▼ 86.6% |
| Operating cash flow (approximation) | -€40,529 | €74,742 | €739 | -€8,742 | ▼ 1,283% |
| Investment in fixed assets (approximation) | - | -€155,000 | €0 | €0 | - |
| Change in cash | - | - | - | €16,364 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €70,684
Net result €70,684 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €181,238
Equity rises from -€44,447 to €181,238.
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 139 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
13-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Fernelmont · 1 establishment unit since 2005
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.
Rue Ernest Montellier, ZI, Nov. 85380 FernelmontGround area
1,478 m²
Building footprint
85 m²
Volume, LiDAR
320 m³
Parcel 62086A0452/00R002, Wallonia · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FINECO CONSTRUCTION BVBA
since 20052.149.750.622
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62086A0452/00R002 | Wallonia | 1,478 m² | 1 · 85 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
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Of 29,786 companies in sector 41001 we hold annual accounts for 16,058. 12,442 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
71121Engineering and related technical consultancy, excluding land surveyors
73110Advertising agencies
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
82990Other business support services
Contact
Phone
0468454680
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.