Flanders Construction Group
The file of Flanders Construction Group contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.7% (moderate). The 2024 annual accounts show equity of €262k and a net result of €154k. Equity is growing by ~125.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 3826 sector peers (fiscal year 2024).
| Equity | €262k |
| Net result | €154k |
| Staff (FTE) | 4.8 |
| Better than sector | 59% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.5% | 39.4% | |
| Net result | €154k | €9k | |
| Equity | €262k | €29k | |
| Gross operating margin | €320k | €26k | |
| Staff costs | €90k | €16k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €226k |
| Net profit | €154k |
| Cash flow | €175k |
| Staff costs | €90k |
| Income taxes | €53k |
| Dividends | - |
| Total assets | €563k |
| Equity | €262k |
| Debt | €301k |
| of which ≤ 1y | €118k |
| of which > 1y | €184k |
| Working capital | €126k |
| Employees (FTE) | 4.8 |
| 2024 | |
|---|---|
| Current ratio | 2.07 |
| Quick ratio | 2.07 |
| Working capital ratio | 22.4% |
| Solvency | 46.5% |
| Debt / equity | 1.15 |
| Long-term debt ratio | 0.70 |
| Interest coverage | 120.11 |
| Gross margin | - |
| Net margin | - |
| ROA | 27.3% |
| ROE | 58.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €563k |
| Fixed assets | 21/28 | €320k |
| Tangible fixed assets | 22/27 | €316k |
| Financial fixed assets | 28 | €4k |
| Current assets | 29/58 | €244k |
| Amounts receivable within one year | 40/41 | €239k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €563k |
| Equity | 10/15 | €262k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €64k |
| Accumulated profits (losses) | 14 | €196k |
| Amounts payable | 17/49 | €301k |
| Amounts payable after one year | 17 | €184k |
| Amounts payable within one year | 42/48 | €118k |
| Trade debts payable within one year | 44 | €12k |
| Income statement | ||
| Gross operating margin | 9900 | €320k |
| Operating result | 9901 | €205k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €206k |
| Income taxes | 67/77 | €53k |
| Net result for the period | 9904 | €154k |
| Result to be appropriated | 9905 | €154k |
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TECHNIC CONSTRUCTIONLegal entityDirector· perm. rep.: Celik TandoganState Gazette act 24091036 (17-06-2024)Current17-06-2024 → present
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 23-12-2020 |
| Status | Active |
| Postal code | 9000 |
| First BS signal | 13-02-2026 |
| Latest BS signal | 13-02-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813S0563/00A000 | Flanders | 1.0 ha | 1 · 509 m² | - |
| 44804D3164/00K000 | Flanders | 122 m² | 1 · 54 m² | 12.5 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-01-2026 Registered office moved within Gent
- Pantserschipstraat 159, 9000 Gent → Brusselsepoortstraat 166, 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Gent",
"region": null,
"street": "Brusselsepoortstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "166"
},
"old_address": {
"city": "Gent",
"region": null,
"street": "Pantserschipstraat",
"country": "BE",
"postcode": "9000",
"box_number": "H",
"street_number": "159"
},
"effective_date": "2026-01-09",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Pantserschipstraat 159 Bus H, 9000 Gent naar Brusselsepoortstraat 166, 9000 Gent, en dit vanaf 09/01/2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.482.572",
"name_full": "FLANDERS CONSTRUCTION GROUP",
"legal_form": "BV"
}
}29-07-2025 Celik Tandogan resigns as director
- Celik Tandogan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Celik Tandogan",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0760482572",
"name": "TECHNIC CONSTRUCTION",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De besloten vennootschap TECHNIC CONSTRUCTION met zetel te Oscar Colbrandtstraat 49 9040 Gent met haar vast vertegenwoordiger Dhr. Celik Tandogan wonende te Oscar Colbrandtstraat 49, 9040 Gent wordt ontslagen als bestuurder, er wordt volledige kwijting verleend over zijn mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.482.572",
"name_full": "FLANDERS CONSTRUCTION GROUP",
"legal_form": "BV"
}
}14-08-2024 Registered office moved within Gent
- Bevrijdingslaan 57, 9000 Gent → Pantserschipstraat 159, 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Gent",
"region": "Vlaams Gewest",
"street": "Pantserschipstraat",
"country": "BE",
"postcode": "9000",
"box_number": "H",
"street_number": "159"
},
"old_address": {
"city": "Gent",
"region": "Vlaams Gewest",
"street": "Bevrijdingslaan",
"country": "BE",
"postcode": "9000",
"box_number": "A",
"street_number": "57"
},
"effective_date": "2024-07-11",
"evidence_quote": "VERPLAATSING MAATSCHAPPELIJKE ZETEL Het maatschappelijk zetel wordt verplaatst naar Pantserschipstraat 159/H, 9000 Gent."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.482.572",
"name_full": "FLANDERS CONSTRUCTION GROUP",
"legal_form": "BV"
}
}17-06-2024 Celik Tandogan appointed as director
- Celik Tandogan, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Celik Tandogan",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "TECHNIC CONSTRUCTION",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De besloten vennootschap TECHNIC CONSTRUCTION met zetel te 9040 Gent (Sint - Amandsberg), Oscar Colbrandtstraat 49 met haar vast vertegenwoordiger Dhr. Celik Tandogan wonende te 9040 Gent (Sint-Amandsberg), Oscar Colbrandtstraat 49 wordt benoemd als bestuurder."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0760.482.572",
"name_full": "FLANDERS CONSTRUCTION GROUP",
"legal_form": "BV"
}
}28-12-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Bevrijdingslaan 57 bus A, 9000 Gent",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1989-09-10",
"name": "AYDIN \u00D6mer",
"niss": null,
"address": "9000 Gent, Bevrijdingslaan 57/A000"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000,
"holder_person_name": "AYDIN \u00D6mer",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0760.482.572",
"name_full": "Flanders Construction Group",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-12-21",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Flanders Construction Group |