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Focquet Construct

Active
Private limited companyfounded 2024active for 2 yearsKapenbergstraat 19, 2640 Mortsel, BelgiumKBO/BCE: BE 1011.064.157
Summary

Focquet Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,126 and a net result of €66,026. Its solvency ranks better than 68% of 17,033 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499085.

Equity
€66,126
Total assets
€123,075
Net result
€66,026
Working capital
€56,362

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €123,075
Fixed assets €29,400
Current assets €93,675
Equity and liabilities €123,075
Equity €66,126
Debt €56,949
Debt finances 46.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€103,726
Cash flow
€81,457
Current ratio
2.51
Debt to equity
0.86
ROE
99.8%
ROA
53.6%
Interest coverage
43.33
Debt ≤ 1 year
€37,314
Debt > 1 year
€19,635
Income taxes
€19,894

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€123,075
Fixed assets21/28€29,400
Tangible fixed assets22/27€29,400
Furniture and vehicles24€29,400
Current assets29/58€93,675
Amounts receivable within one year40/41€13,420
Trade receivables40€13,357
Other amounts receivable41€63
Cash at bank and in hand54/58€78,990
Deferred charges and accrued income490/1€1,266
Equity and liabilities
Total equity and liabilities10/49€123,075
Equity10/15€66,126
Contributions10/11€100
Profit (loss) carried forward14€66,026
Amounts payable17/49€56,949
Amounts payable after more than one year17€19,635
Financial debts170/4€19,635
Amounts payable within one year42/48€37,314
Current portion of amounts payable after more than one year42€11,763
Financial debts43€53
Credit institutions430/8€53
Trade debts44€527
Suppliers440/4€527
Taxes, remuneration and social security45€24,040
Taxes450/3€24,040
Other amounts payable47/48€931
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,431
Other operating charges640/8€937
Gross operating margin9900€104,663
Operating profit (loss)9901€88,295
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€2,394
Recurring financial charges65€2,394
Profit (loss) for the period before taxes9903€85,920
Income taxes67/77€19,894
Profit (loss) for the period9904€66,026
Profit (loss) for the period to be appropriated9905€66,026
Appropriation of the result
Profit (loss) to be appropriated9906€66,026

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,431
Other operating charges640/8€937
Gross operating margin9900€104,663
Operating profit (loss)9901€88,295
Financial income75/76B€19
Recurring financial income75€19
Financial charges65/66B€2,394
Recurring financial charges65€2,394
Profit (loss) for the period before taxes9903€85,920
Income taxes67/77€19,894
Profit (loss) for the period9904€66,026
Profit (loss) for the period to be appropriated9905€66,026
Line2025
Assets
Total assets20/58€123,075
Fixed assets21/28€29,400
Tangible fixed assets22/27€29,400
Furniture and vehicles24€29,400
Current assets29/58€93,675
Amounts receivable within one year40/41€13,420
Trade receivables40€13,357
Other amounts receivable41€63
Cash at bank and in hand54/58€78,990
Deferred charges and accrued income490/1€1,266
Equity and liabilities
Total equity and liabilities10/49€123,075
Equity10/15€66,126
Contributions10/11€100
Profit (loss) carried forward14€66,026
Amounts payable17/49€56,949
Amounts payable after more than one year17€19,635
Financial debts170/4€19,635
Amounts payable within one year42/48€37,314
Current portion of amounts payable after more than one year42€11,763
Financial debts43€53
Credit institutions430/8€53
Trade debts44€527
Suppliers440/4€527
Taxes, remuneration and social security45€24,040
Taxes450/3€24,040
Other amounts payable47/48€931
Line2025
Profit (loss) for the period9904€66,026
+ Depreciation and write-downs630€15,431
Operating cash flow (approximation)€81,457

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00499085

Similar companies · same sector, comparable size

Of the 9,532 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,369. 5,171 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.