FINESSE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FINESSE CONSTRUCT is 2.9% (moderate). The 2025 annual accounts show negative equity (-€72) and a net result of -€116. Its solvency ranks better than 8% of 1,249 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€72
- Loss
- -€116
Why 48raises riskFounded in 2024Liquidity: current ratio 0.88Negative equity -€72lowers riskSize: total assets €505Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 7% on solvency, 0% on liquidity, 5% on profitability and 1% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 18 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: OZCAN Emre (director) ·…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
2024 is the only financial year with figures: the operating result is a loss of €2,456.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 42, Civil engineering: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €50 | - | - |
| Gross operating margin9900 | -€2,406 | - | - |
| Operating profit (loss)9901 | -€2,456 | - | - |
| Financial charges65/66B | - | €116 | - |
| Recurring financial charges65 | - | €116 | - |
| Profit (loss) for the period before taxes9903 | -€2,456 | -€116 | ▲ 95.3% |
| Profit (loss) for the period9904 | -€2,456 | -€116 | ▲ 95.3% |
| Profit (loss) for the period to be appropriated9905 | -€2,456 | -€116 | ▲ 95.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €509 | €505 | ▼ 0.7% |
| Current assets29/58 | €509 | €505 | ▼ 0.7% |
| Amounts receivable within one year40/41 | €505 | €505 | = |
| Other amounts receivable41 | €505 | €505 | = |
| Cash at bank and in hand54/58 | €3 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €509 | €505 | ▼ 0.7% |
| Equity10/15 | €44 | -€72 | - |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€2,456 | -€2,572 | ▼ 4.7% |
| Amounts payable17/49 | €464 | €577 | ▲ 24.3% |
| Amounts payable within one year42/48 | €464 | €577 | ▲ 24.3% |
| Financial debts43 | - | €13 | - |
| Credit institutions430/8 | - | €13 | - |
| Other amounts payable47/48 | €464 | €564 | ▲ 21.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,456 | -€116 | ▲ 95.3% |
| Operating cash flow (approximation) | -€2,456 | -€116 | ▲ 95.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00284216 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00288795 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| OZCAN Emre |
|
Owners and capital
Capital and shareholders
- OZCAN Emre 100 shares (100%) · €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 13-05-2024 Incorporation · €2,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
13-05
Gazette deed
IncorporationAppointment: OZCAN Emre (director) · Founder · Founding capital9 facts ▸
- Incorporation, “FINESSE CONSTRUCT” (deed in Dutch)
- Founder, OZCAN Emre
- Founding capital, €2,500
- Bank account, 2500, “vennootschap in oprichting” (deed in Dutch)
- Share issue, 100, “vergoeding voor inbrengen” (deed in Dutch)
- Registered office clause, “3550 Heusden-Zolder,Koerselsebaan 153” (deed in Dutch)
- Board rule, 1
- Director appointment, OZCAN Emre (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten ondernomen voor heden door comparanten in naam en voor rekening van vennootschap in opricht…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1009.208.784
Recognitions · licences · registrations
Recognised contractor
3 categories- C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71025A1449/00X000 | Flanders | 751 m² | 1 · 132 m² | 12.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FINESSE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 3550 Heusden-Zolder,Koerselsebaan 153” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)“Onbepaalde duur, geheel van bevoegdheden met delegatiemogelijkheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)