FKN CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of FKN CONSTRUCT is 2.7% (moderate). The annual accounts of FKN CONSTRUCT for fiscal year 2025 show a net loss of 56% of total assets and of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-12k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 7376 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-87
Solvency55▼-43
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.42 against 3.65 in 2024; short-term debt: 70.4% and cash: 12.7% of total assets), and 70.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 41
higher
← 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
29.6%
Return on assets
-56.4%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
36 d early
2023
44 d early
2022
64 d late
2021
47 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€94k
EBIT margin
3.1%
Net result
€-12k
2024 · €5k
2021: €1k
2022: €9k
2023: €305
2024: €5k
2021 → 2025
Working capital
€6k▼ 65.5%
2024 · €18k
2021: €3k
2022: €12k
2023: €13k
2024: €18k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€94k-
Equity€3k-€13k▲ 272%€13k▲ 2.4%€18k▲ 37.8%€6k▼ 65.5%
Operating result€3k-€13k▲ 334%€600▼ 95.2%€8k▲ 1,229%€-11k
Net result€1k-€9k▲ 552%€305▼ 96.7%€5k▲ 1,515%€-12k
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 €11k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €21k
Equity
€6k▼ 65.5%
Debt
€15k▲ 117%
The debt ratio rises from 27.4% to 70.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
29.6%▼
2024 · 72.6%
Current ratio
1.42▼
2024 · 3.65
Quick ratio
1.42▼
2024 · 3.65
Debt / equity
2.38▲
2024 · 0.38
ROE
-190.2%▼
2024 · 27.4%
ROA
-56.4%▼
2024 · 19.9%
Debt
€15k▲
2024 · €7k
Debt ≤ 1 year
€15k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€21k▼
Current assets29/58€25k€21k▼
Amounts receivable within one year40/41€14k€18k▲
Trade receivables40€13k€18k▲
Other amounts receivable41€1k€609▼
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€25k€21k▼
Equity10/15€18k€6k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€16k€4k▼
Amounts payable17/49€7k€15k▲
Amounts payable within one year42/48€7k€15k▲
Trade debts44€1k€5k▲
Suppliers440/4€1k€5k▲
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€173€2k▲
Other amounts payable47/48€3k€4k▲
Income statement
Code20242025
Other operating charges640/8€3k€1k▼
Gross operating margin9900€11k€-10k▼
Operating profit (loss)9901€8k€-11k▼
Financial charges65/66B€161€725▲
Recurring financial charges65€161€725▲
Profit (loss) for the period before taxes9903€8k€-12k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€5k€-12k▼
Profit (loss) for the period to be appropriated9905€5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€4k▼
Profit (loss) brought forward from the previous period14P€11k€16k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼339%
Net result drops to €-12k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
31-12
Financial
Highest result since 2021net €9k ▲552%
Operating result €13k, net result €9k, both a record.
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wemmel
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.
Lt. Graffplein 151780 WemmelGround area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ANCRE RENOVATION
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D&V RENOVATION
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Seneffe · Eq €6k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 7,346 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.