FK MY CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FK MY CONSTRUCT is 2.7% (moderate). The 2025 annual accounts show equity of €43,022 and a net result of -€10,194. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 49% of 7564 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability6▼-81
Solvency68▼-17
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.75 against 2.8 in 2024; short-term debt: 51.6% and cash: 0% of total assets), but 57.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
-10.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 5 filingsDeviation from the deadline
2025
24 d late
2024
22 d late
2023
20 d early
2022
49 d early
2021
31 d 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 2 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 (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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€43,022▼ 19.2%
2024 · €53,216
Total assets
€100,884▲ 14.3%
2024 · €88,251
Net result
-€10,194
2024 · €13,235
Working capital
€38,822▼ 22.6%
2024 · €50,183
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
Line20212022202320242025
Operating result€3,417-€16,664▲ 388%€18,679▲ 12.1%€16,750▼ 10.3%-€5,818
Net result€1,909within the sector's middle half-€11,743within the sector's middle half▲ 515%€14,329within the sector's middle half▲ 22.0%€13,235within the sector's middle half▼ 7.6%-€10,194below the sector's middle half
Equity€6,909below the sector's middle half-€38,653within the sector's middle half▲ 459%€52,982within the sector's middle half▲ 37.1%€53,216within the sector's middle half▲ 0.4%€43,022within the sector's middle half▼ 19.2%
Total assets€64,575within the sector's middle half-€93,096within the sector's middle half▲ 44.2%€98,903within the sector's middle half▲ 6.2%€88,251within the sector's middle half▼ 10.8%€100,884within the sector's middle half▲ 14.3%
Debt€57,666-€54,443▼ 5.6%€45,922▼ 15.7%€35,035▼ 23.7%€57,862▲ 65.2%
Working capital-€25,236-€30,545€41,244▲ 35.0%€50,183▲ 21.7%€38,822▼ 22.6%
Solvency10.7%below the sector's middle half-41.5%within the sector's middle half▲ 30.8pp53.6%within the sector's middle half▲ 12.0pp60.3%within the sector's middle half▲ 6.7pp42.6%within the sector's middle half▼ 17.7pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,818 after €16,750 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,884
Fixed assets
€10,028 ▼ 1.5%
Current assets
€90,856 ▲ 16.4%
Equity and liabilities €100,884
Equity
€43,022 ▼ 19.2%
Debt
€57,862 ▲ 65.2%
Debt's share of the balance-sheet total rises from 39.7% to 57.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€961▼
2024 · €23,243
Cash flow
-€5,337▼
2024 · €19,727
Current ratio
1.75▼
2024 · 2.80
Quick ratio
1.72▼
2024 · 2.80
Debt to equity
1.34▲
2024 · 0.66
ROE
-23.7%▼
2024 · 24.9%
ROA
-10.1%▼
2024 · 15.0%
Interest coverage
-0.26▼
2024 · 8.13
Debt ≤ 1 year
€52,034▲
2024 · €27,884
Debt > 1 year
€5,828▼
2024 · €7,150
Income taxes
€676▲
2024 · €657
Staff costs
€18,739▼
2024 · €45,771
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.9%
went bankrupt
8.6%
stopped otherwise
87%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,225 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €16,990 | €42,959 | €45,771 | €18,739 | ▼ 59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,886 | €10,467 | €11,513 | €6,493 | €4,857 | ▼ 25.2% |
| Other operating charges640/8 | €1,098 | €1,378 | €1,038 | €3,707 | €2,767 | ▼ 25.3% |
| Gross operating margin9900 | €12,401 | €45,499 | €74,189 | €72,721 | €20,545 | ▼ 71.7% |
| Operating profit (loss)9901 | €3,417 | €16,664 | €18,679 | €16,750 | -€5,818 | ▼ 135% |
| Financial charges65/66B | €295 | €753 | €1,260 | €2,859 | €3,700 | ▲ 29.5% |
| Recurring financial charges65 | €295 | €753 | €1,260 | €2,859 | €3,700 | ▲ 29.5% |
| Profit (loss) for the period before taxes9903 | €3,123 | €15,911 | €17,419 | €13,891 | -€9,519 | ▼ 169% |
| Income taxes67/77 | €1,213 | €4,168 | €3,090 | €657 | €676 | ▲ 2.9% |
| Profit (loss) for the period9904 | €1,909 | €11,743 | €14,329 | €13,235 | -€10,194 | ▼ 177% |
| Profit (loss) for the period to be appropriated9905 | €1,909 | €11,743 | €14,329 | €13,235 | -€10,194 | ▼ 177% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,575 | €93,096 | €98,903 | €88,251 | €100,884 | ▲ 14.3% |
| Fixed assets21/28 | €39,766 | €29,299 | €30,908 | €10,183 | €10,028 | ▼ 1.5% |
| Tangible fixed assets22/27 | €39,766 | €29,299 | €30,908 | €10,183 | €8,428 | ▼ 17.2% |
| Plant, machinery and equipment23 | €1,236 | €686 | €944 | €431 | €54 | ▼ 87.5% |
| Furniture and vehicles24 | €26,901 | €20,567 | €26,222 | €9,753 | €8,374 | ▼ 14.1% |
| Leasing and similar rights25 | €11,629 | €8,047 | €3,742 | - | €0 | - |
| Financial fixed assets28 | - | - | - | - | €1,600 | - |
| Current assets29/58 | €24,809 | €63,796 | €67,995 | €78,067 | €90,856 | ▲ 16.4% |
| Stocks and contracts in progress3 | €5,000 | - | - | - | €1,500 | - |
| Stocks30/36 | - | - | - | - | €1,500 | - |
| Contracts in progress37 | €5,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €3,816 | €57,354 | €65,238 | €73,527 | €89,356 | ▲ 21.5% |
| Trade receivables40 | - | €52,627 | €60,563 | €68,469 | €85,472 | ▲ 24.8% |
| Other amounts receivable41 | €3,816 | €4,726 | €4,675 | €5,057 | €3,884 | ▼ 23.2% |
| Cash at bank and in hand54/58 | €13,416 | €3,782 | €2,757 | €4,278 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €2,577 | €2,661 | - | €263 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,575 | €93,096 | €98,903 | €88,251 | €100,884 | ▲ 14.3% |
| Equity10/15 | €6,909 | €38,653 | €52,982 | €53,216 | €43,022 | ▼ 19.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €33,500 | €47,500 | €47,500 | €37,500 | ▼ 21.1% |
| Distributable reserves133 | - | €33,500 | €47,500 | €47,500 | €37,500 | ▼ 21.1% |
| Profit (loss) carried forward14 | €1,909 | €153 | €482 | €716 | €522 | ▼ 27.2% |
| Amounts payable17/49 | €57,666 | €54,443 | €45,922 | €35,035 | €57,862 | ▲ 65.2% |
| Amounts payable after more than one year17 | €7,620 | €21,192 | €19,170 | €7,150 | €5,828 | ▼ 18.5% |
| Financial debts170/4 | €7,620 | €21,192 | €19,170 | €7,150 | €5,828 | ▼ 18.5% |
| Amounts payable within one year42/48 | €50,045 | €33,251 | €26,752 | €27,884 | €52,034 | ▲ 86.6% |
| Current portion of amounts payable after more than one year42 | €3,861 | €11,737 | €13,835 | €2,484 | €1,557 | ▼ 37.3% |
| Financial debts43 | - | - | - | - | €4,390 | - |
| Credit institutions430/8 | - | - | - | - | €4,390 | - |
| Trade debts44 | €39,680 | €12,593 | €4,928 | €6,169 | €39,906 | ▲ 547% |
| Suppliers440/4 | €39,680 | €12,593 | €4,928 | €6,169 | €39,906 | ▲ 547% |
| Taxes, remuneration and social security45 | €5,713 | €8,921 | €7,989 | €5,368 | €6,182 | ▲ 15.2% |
| Taxes450/3 | €5,713 | €7,168 | €4,590 | €2,032 | €2,176 | ▲ 7.1% |
| Remuneration and social security454/9 | - | €1,753 | €3,399 | €3,336 | €4,006 | ▲ 20.1% |
| Other amounts payable47/48 | €791 | - | - | €13,864 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,909 | €11,743 | €14,329 | €13,235 | -€10,194 | ▼ 177% |
| + Depreciation and write-downs630 | €7,886 | €10,467 | €11,513 | €6,493 | €4,857 | ▼ 25.2% |
| Operating cash flow (approximation) | €9,795 | €22,210 | €25,842 | €19,727 | -€5,337 | ▼ 127% |
| Investment in fixed assets (approximation) | - | €0 | -€13,121 | €14,232 | -€4,701 | ▼ 133% |
| Change in cash | - | -€9,634 | -€1,025 | €1,521 | -€4,278 | ▼ 381% |
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
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet -€10,194
Net result drops to -€10,194, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €14,329 ▲22%
Operating result €18,679, net result €14,329, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 1.92
Current ratio from 0.50 to 1.92; short-term debt falls from €50,045 to €33,251.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Hotton · 1 establishment unit since 2021
Ground area
1,343 m²
Building footprint
237 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
FK MY CONSTRUCT
since 20212.335.871.351
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83028D0991/00K000 | Wallonia | 1,200 m² | 1 · 172 m² | - |
| 83021A0536/00F000 | Wallonia | 143 m² | 1 · 65 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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.C.G.CONSTRUCTION
BE 0889.970.545
Nassogne · Eq €43,024
TIMAAR DESIGN
BE 0752.602.115
Kraainem · Eq €43,038
PACOVIS
BE 0756.515.965
Drogenbos · Eq €43,003
LUG & CO
BE 0765.576.161
Drogenbos · Eq €43,000
LPS SOLUTIONS
BE 1007.232.558
Aiseau-Presles · Eq €43,053
Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 12,939 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
Founded23-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
42212Civil engineering
43110Demolition
43120Site preparation
43331Floor and wall tiling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779255042
Also
9925:BE0779255042
Registered
16-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.