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FONTES CONSTRUCT

Open bankruptcy
Private limited company (pre-2019)founded 2017Rue de Nivelles 145, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 0673.646.885

A bankruptcy procedure is open for FONTES CONSTRUCT according to publications in the Belgian State Gazette; curator: XAVIER IBARRONDO LASA. The 2022 annual accounts show negative equity (€-26k) and a net result of €-59k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 10-03-2023, 51 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
51 d early
2021
38 d early
2020
30 d early
2019
42 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, micro schema

Equity
€-26k
2021 · €34k
2018: €38k 2019: €34k 2020: €45k 2021: €34k
2018 → 2022
Total assets
€124k▼ 1.3%
2021 · €125k
2018: €71k 2019: €108k 2020: €97k 2021: €125k
2018 → 2022
Net result
€-59k▼ 424%
2021 · €-11k
2018: €38k 2019: €-5k 2020: €11k 2021: €-11k
2018 → 2022
Working capital
€-28k
2021 · €31k
2018: €38k 2019: €37k 2020: €44k 2021: €31k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€38k-€34k▼ 12.2%€45k▲ 33.5%€34k▼ 25.2%€-26k
Operating result€59k-€-5k€17k€-11k€-59k▼ 432%
Net result€38k-€-5k€11k€-11k€-59k▼ 424%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2018: €59k€59kNet result 2018: €38k€38kOperating result 2019: €-5k€-5kNet result 2019: €-5k€-5kOperating result 2020: €17k€17kNet result 2020: €11k€11kOperating result 2021: €-11k€-11kNet result 2021: €-11k€-11kOperating result 2022: €-59k€-59kNet result 2022: €-59k€-59k20182019202020212022
The operating result stays negative: a loss of €59k in 2022 against €11k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €124k
Fixed assets €2k▼ 28.8%
Current assets €122k▼ 0.7%
Key figures and ratios
2022 value · change against 2021
EBITDA
€-58k
2021 · €-10k
Cash flow
€-59k
2021 · €-10k
Solvency
-20.8%
2021 · 26.9%
Current ratio
0.81
2021 · 1.34
Quick ratio
0.81
2021 · 1.34
Debt / equity
-5.81
ROA
-48.1%
2021 · -9.0%
Interest coverage
-114.69
Debt
€149k
2021 · €92k
Debt ≤ 1 year
€149k
2021 · €92k
Staff costs
€243
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 · 2022 against 2021
Balance sheet Code20212022
Assets
Total assets20/58€125k€124k
Fixed assets21/28€3k€2k
Tangible fixed assets22/27€3k€2k
Plant, machinery and equipment23-€1k
Furniture and vehicles24-€862
Current assets29/58€122k€122k
Amounts receivable within one year40/41€122k€122k
Trade receivables40-€120k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€13€0
Equity and liabilities
Total equity and liabilities10/49€125k€124k
Equity10/15€34k€-26k
Contributions10/11-€100
Reserves13€18k€18k=
Non-distributable reserves130/1-€18k
Reserves not available under the articles1311-€18k
Profit (loss) carried forward14€15k€-44k
Amounts payable17/49€92k€149k
Amounts payable within one year42/48€92k€149k
Trade debts44€73k€114k
Suppliers440/4-€114k
Taxes, remuneration and social security45-€7k
Remuneration and social security454/9-€7k
Other amounts payable47/48-€29k
Income statement Code20212022
Remuneration, social security and pensions62-€243
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€838
Other operating charges640/8-€1k
Gross operating margin9900€19k€-57k
Operating profit (loss)9901€-11k€-59k
Recurring financial income75€0-
Financial charges65/66B-€507
Recurring financial charges65€265€507
Profit (loss) for the period before taxes9903€-11k€-59k
Profit (loss) for the period9904€-11k€-59k
Profit (loss) for the period to be appropriated9905€-11k€-59k
Appropriation of the result
Profit (loss) to be appropriated9906-€-44k
Profit (loss) brought forward from the previous period14P-€15k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2023
27-03
Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · FONTES CONSTRUCT SPRL RUE DE NIVELLES 145, 1440 KASTEELBRAKEL · event 20-03-2023
10-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
19-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 97 days late
SignalFinancial 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, Braine-le-Château
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.

Rue de Nivelles 1451440 Braine-le-Château
Ground area
275 m²
Building footprint
128 m²
Parcel 25015B0226/00Y000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25015B0226/00Y000 Wallonia 275 m² 1 · 128 m² -
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator XAVIER IBARRONDO LASA
OFF.PARK GREEN ALLEY,RUE DU PANIER VERT 70, 1400 NIVELLES-
20-03-2023 → present

Similar companies · same sector, comparable size

Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 12,596 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded29-03-2017
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.