FKW Construct
ActiveSummary
FKW Construct has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €13k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+81
Solvency100▲+8
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 7.35 against 3.94 in 2024; short-term debt: 13% and cash: 47.6% of total assets), and 20.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
79.2%
Return on assets
26.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €39k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
12 d early
2022
12 d early
2021
72 d late
2020
31 d late
2019
57 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 49.8%
2024 · €26k
2018: €33k
2019: €36k
2020: €56k
2021: €43k
2022: €39k
2023: €27k
2024: €26k
2018 → 2025
Total assets
€49k▲ 26.8%
2024 · €39k
2018: €54k
2019: €48k
2020: €67k
2021: €65k
2022: €47k
2023: €38k
2024: €39k
2018 → 2025
Net result
€13k
2024 · €-2k
2018: €10k
2019: €3k
2020: €20k
2021: €-13k
2022: €-4k
2023: €-12k
2024: €-2k
2018 → 2025
Working capital
€40k▲ 54.5%
2024 · €26k
2018: €39k
2019: €39k
2020: €47k
2021: €34k
2022: €33k
2023: €28k
2024: €26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€39k▼ 8.7%€27k▼ 30.2%€26k▼ 5.9%€39k▲ 49.8%
Operating result€-13k-€-3k▲ 76.4%€-12k▼ 280%€-1k▲ 88.5%€13k
Net result€-13k-€-4k▲ 70.7%€-12k▼ 217%€-2k▲ 86.3%€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €1k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49k
Fixed assets
€2k ▼ 37.2%
Current assets
€47k ▲ 33.4%
Equity and liabilities €49k
Equity
€39k ▲ 49.8%
Debt
€10k ▼ 20.0%
Debt's share of the balance-sheet total falls from 33.0% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €204
Cash flow
€14k▲
2024 · €-96
Current ratio
7.35▲
2024 · 3.94
Debt to equity
0.26▼
2024 · 0.49
ROE
33.2%▲
2024 · -6.3%
ROA
26.3%▲
2024 · -4.2%
Interest coverage
78.50▲
2024 · 0.68
Debt ≤ 1 year
€6k▼
2024 · €9k
Debt > 1 year
€4k=
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€39k€49k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€1k€737▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€35k€47k▲
Amounts receivable within one year40/41€34k€23k▼
Trade receivables40€5k€1k▼
Other amounts receivable41€29k€22k▼
Cash at bank and in hand54/58€282€23k▲
Deferred charges and accrued income490/1€1k€512▼
Equity and liabilities
Total equity and liabilities10/49€39k€49k▲
Equity10/15€26k€39k▲
Contributions10/11€6k€6k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-30k€-17k▲
Amounts payable17/49€13k€10k▼
Amounts payable after more than one year17€4k€4k=
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€9k€6k▼
Trade debts44€2k€107▼
Suppliers440/4€2k€107▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3-€6k
Remuneration and social security454/9€5k-
Other amounts payable47/48€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€3k€17k▲
Operating profit (loss)9901€-1k€13k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€300€183▼
Recurring financial charges65€300€183▼
Profit (loss) for the period before taxes9903€-2k€13k▲
Profit (loss) for the period9904€-2k€13k▲
Profit (loss) for the period to be appropriated9905€-2k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-17k▲
Profit (loss) brought forward from the previous period14P€-28k€-30k▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 5.25
Current ratio from 2.56 to 5.25; short-term debt falls from €22k to €8k.
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲680%
Operating result €28k, net result €20k, both a record.
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 57 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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.
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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, Mechelen · 1 establishment unit since 2006
Ground area
1,636 m²
Building footprint
1,004 m²
Volume, LiDAR
4,173 m³
Parcel 12404F0009/00Z000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Battelsesteenweg +471, 2800 Mechelen
since 20062.151.692.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12404F0009/00Z000 | Flanders | 1,636 m² | 1 · 1,004 m² | 7.4 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.151.692.503
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,820 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0497/84.34.06