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FK Construction

Active
Private limited companyfounded 2021active for 5 yearsBergstraat 1, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0762.943.206
Summary

The computed 12-month bankruptcy probability of FK Construction is 2.9% (moderate). The 2025 annual accounts show equity of €13,782 and a net result of -€1,506. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 19% of 34,072 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Screed work
NACE 43422
1 site
Size
€81,397total assets 2025
Equity
€13,782
Loss
-€1,506
Turnover not published (micro format)
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Accounts filed 7 days late0 of 2 deeds read
Why 49raises riskFounded in 2021Latest accounts 7 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.99, cash €2,131Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 18% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 42+2
equity 16.9% of total assets
Liquidity 17-1
short-term debt 68.2% · cash 2.6%
Profitability 42+11
return on assets -1.8%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,540 companies, NACE 43, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.2%● unchanged vs 11-2024 01-2025: 4.2%● unchanged vs 12-2024 02-2025: 4.1%▼ -0.1 percentage points vs 01-2025 03-2025: 4.1%● unchanged vs 02-2025 04-2025: 4.1%● unchanged vs 03-2025 05-2025: 4.0%▼ -0.1 percentage points vs 04-2025 06-2025: 4.1%▲ +0.1 percentage points vs 05-2025 07-2025: 4.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.8%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 3.2%▼ -1.6 percentage points vs 08-2025 10-2025: 3.2%● unchanged vs 09-2025 11-2025: 3.2%● unchanged vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.1%▼ -0.1 percentage points vs 12-2025 02-2026: 3.0%▼ -0.1 percentage points vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.1%▲ +0.1 percentage points vs 05-2026 07-2026: 3.0%▼ -0.1 percentage points vs 06-2026 08-2026: 3.7%▲ +0.7 percentage points vs 07-2026 09-2026: 3.0%▼ -0.7 percentage points vs 08-2026 10-2026: 2.9%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 1.01 in 2024, below 1; short-term debt: 68.2% and cash: 2.6% of total assets), and 83.1% of the assets are financed with debt and provisions.
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 43, micro): better than 19% on solvency, 9% on liquidity, 20% on profitability and 24% on growth.

The bankruptcy probability was computed on 13-10-2026 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

Seven signals.
raises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 7 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 0.99, cash €2,131
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€1,506
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 34072 sector peers (2025).
NBB · sector comparison
Position among 34072 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
7 days late
2024
29 days late
2023
56 days late
2022
113 days late
2021
157 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 72 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed 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 26 September (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Where today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€5,845

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€1,506 View
  • Caution: Among the weakest 20% on solvencysector median 46.9% · 34,072 companies 16.9% View
  • Total assets 20255 financial years filed €81,397 View

By topic

Financials

Financial year
2025
Total assets
€81,397
Loss
-€1,506
Solvency
16.9%
Total assets▼ 22.4%
Net result
20212025
Go to Financials

Timeline

Events
7
Since
2022
Next accounts
by 31-07-2027
  1. 25-09-2024Annual accounts filed
  2. 21-11-2023Annual accounts filed
  3. 04-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Screed workNACE 43422
Founded
04-02-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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