FORCE BUILD
ActiveSummary
The computed 12-month bankruptcy probability of FORCE BUILD is 2.7% (moderate). The 2025 annual accounts show equity of €17k and a net result of €-1k. Its solvency ranks better than 45% of 7500 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-85
Solvency64▼-14
Growth32
Track record82
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 2.12 in 2024; short-term debt: 60.7% and cash: 48.7% of total assets), and 60.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
39.3%
Return on assets
-3.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
24 d late
2024
29 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€17k▼ 7.7%
2024 · €18k
Total assets
€43k▲ 24.2%
2024 · €35k
Net result
€-1k
2024 · €15k
Working capital
€3k▼ 81.0%
2024 · €18k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€21k-€-1k
Net result€15k-€-1k
Equity€18k-€17k▼ 7.7%
Total assets€35k-€43k▲ 24.2%
Debt€16k-€26k▲ 60.1%
Working capital€18k-€3k▼ 81.0%
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 €1k after €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€13k
Current assets
€30k
Equity and liabilities €43k
Equity
€17k ▼ 7.7%
Debt
€26k ▲ 60.1%
Debt's share of the balance-sheet total rises from 47.1% to 60.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▼
2024 · €22k
Cash flow
€-1k▼
2024 · €16k
Current ratio
1.13▼
2024 · 2.12
Debt to equity
1.55▲
2024 · 0.89
ROE
-8.4%▼
2024 · 83.6%
ROA
-3.3%▼
2024 · 44.2%
Interest coverage
-7.43▼
2024 · 179.30
Debt ≤ 1 year
€26k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €119 | ▼ 89.9% |
| Gross operating margin9900 | €22k | €-1k | ▼ 106% |
| Operating profit (loss)9901 | €21k | €-1k | ▼ 107% |
| Financial income75/76B | €189 | €174 | ▼ 8.1% |
| Recurring financial income75 | €189 | €174 | ▼ 8.1% |
| Financial charges65/66B | €125 | €175 | ▲ 39.6% |
| Recurring financial charges65 | €125 | €175 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | €21k | €-1k | ▼ 107% |
| Income taxes67/77 | €6k | - | - |
| Profit (loss) for the period9904 | €15k | €-1k | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €15k | €-1k | ▼ 109% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €35k | €43k | ▲ 24.2% |
| Formation expenses20 | €106 | €0 | ▼ 100% |
| Fixed assets21/28 | - | €13k | - |
| Tangible fixed assets22/27 | - | €13k | - |
| Furniture and vehicles24 | - | €13k | - |
| Current assets29/58 | €35k | €30k | ▼ 14.3% |
| Amounts receivable within one year40/41 | €25k | €9k | ▼ 65.1% |
| Trade receivables40 | €18k | €8k | ▼ 58.0% |
| Other amounts receivable41 | €7k | €1k | ▼ 83.9% |
| Cash at bank and in hand54/58 | €10k | €21k | ▲ 114% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €35k | €43k | ▲ 24.2% |
| Equity10/15 | €18k | €17k | ▼ 7.7% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €15k | €15k | = |
| Distributable reserves133 | €15k | €15k | = |
| Profit (loss) carried forward14 | €311 | €-1k | ▼ 456% |
| Amounts payable17/49 | €16k | €26k | ▲ 60.1% |
| Amounts payable within one year42/48 | €16k | €26k | ▲ 60.1% |
| Trade debts44 | €1k | €9k | ▲ 489% |
| Suppliers440/4 | €1k | €9k | ▲ 489% |
| Taxes, remuneration and social security45 | €15k | €8k | ▼ 44.0% |
| Taxes450/3 | €6k | €2k | ▼ 66.7% |
| Remuneration and social security454/9 | €9k | €6k | ▼ 28.6% |
| Other amounts payable47/48 | - | €9k | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €-1k | ▼ 109% |
| + Depreciation and write-downs630 | €1k | €119 | ▼ 89.9% |
| Operating cash flow (approximation) | €16k | €-1k | ▼ 108% |
| Change in cash | - | €11k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2024
Ground area
119 m²
Building footprint
94 m²
Volume, LiDAR
501 m³
Parcel 23642D0784/00D004, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FORCE BUILD
since 20242.357.532.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0784/00D004 | Flanders | 119 m² | 1 · 94 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NILSON CONSTRUCT
BE 0640.784.374
Mons · Eq €16,894
ALGEMENE BOUWWERKEN WIM VLEUGELS
BE 0774.282.803
Herselt · Eq €16,899
UMAMI
BE 0765.877.653
Gembloux · Eq €16,904
Orient Investment
BE 0838.566.582
Sint-Jans-Molenbeek · Eq €16,886
AslanConcept
BE 0761.631.627
Grimbergen · Eq €16,886
Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 11,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
49410Freight transport by road
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.