Active BE 1009.986.863Private limited company

FORTY SEVEN CONSTRUCT

Nimbermont, La Journée 22 ·6800 Libramont-Chevigny, Belgium· 2 yrs active

Sector: Bricklaying and masonry work (43910)

Conclusion Checked

The computed 12-month bankruptcy probability of FORTY SEVEN CONSTRUCT is 2.5% (moderate). The 2025 annual accounts show equity of €49k and a net result of €44k. Its solvency ranks better than 43% of 4303 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€49k
Net result	€44k
Staff (FTE)	1
Better than sector	43%

Financial profile 4 of 5 axes measured · computed by Checked

77 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 81

Profitability 100

Solvency 61

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

2.5% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2024, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

81 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€4k

estimate, not credit advice

Score components

Liquidity Current ratio 1.34 (≥ 1.0) +5

Quick ratio Quick ratio 1.11 (≥ 1.0) +5

Leverage Debt/equity 1.92 (< 2.0) +3

Profitability ROE 90% (≥ 10%) +10

Interest coverage Interest coverage 40.2× (≥ 3×) +8

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 27-08-2026 with the NBB · fiscal year 2025 · micro schema

Sector comparison

Fiscal year 2025 · NACE 81, Services to buildings and landscape activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	34.2%	41.2%	better than 43% of 4303 sector peers
Net result	€44k	€9k	better than 84% of 4299 sector peers
Equity	€49k	€47k	better than 51% of 4308 sector peers
Gross operating margin	€123k	€47k	better than 75% of 4290 sector peers
Staff costs	€53k	€47k	higher than 54% of 2007 sector peers

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro schema
Revenue	-
EBITDA	€69k
Net profit	€44k
Cash flow	€57k
Staff costs	€53k
Income taxes	€11k
Dividends	-
Total assets	€142k
Equity	€49k
Debt	€93k
of which ≤ 1y	€63k
of which > 1y	€31k
Working capital	€22k
Employees (FTE)	1.0

Ratios (computed)

	2025
Current ratio	1.34
Quick ratio	1.11
Working capital ratio	15.1%
Solvency	34.2%
Debt / equity	1.92
Long-term debt ratio	0.63
Interest coverage	40.25
Gross margin	-
Net margin	-
ROA	30.7%
ROE	89.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €58k · 40.7% Current assets €84k · 59.4%

Equity & liabilities

Equity €49k · 34.2% Debt €93k · 65.8%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€142k
Fixed assets	21/28	€58k
Tangible fixed assets	22/27	€58k
Current assets	29/58	€84k
Stocks & contracts in progress	3	€15k
Amounts receivable within one year	40/41	€31k
Cash & bank	54/58	€38k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€142k
Equity	10/15	€49k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€44k
Amounts payable	17/49	€93k
Amounts payable after one year	17	€31k
Amounts payable within one year	42/48	€63k
Trade debts payable within one year	44	€37k
Income statement
Gross operating margin	9900	€123k
Operating result	9901	€55k
Financial income	75	€999
Financial charges	65	€2k
Result before taxes	9903	€55k
Income taxes	67/77	€11k
Net result for the period	9904	€44k
Result to be appropriated	9905	€44k

Directors & mandates 1 directors

Current directors & mandates

Boulard Bryan
Director
State Gazette act 24174508 (11-12-2024)

Current
11-12-2024 → present

Legal Structure

NACE primary	Bricklaying and masonry work(43910)
Legal form	Private limited company(610)
Incorporation	03-06-2024
Status	Active
Postal code	6800

Updates 2 events

All 2Gazette 1Filings 1

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 27 days late

2024

11-12

State Gazette act Director changes

State Gazette actNBB filing

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2024

11-12-2024 Boulard Bryan appointed as director Director changes

Boulard Bryan, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Bricklaying and masonry work43910Specialised construction activities43994Landscape service activities81300Other construction installation43240Specialised construction activities43299

Names & trade names

Legal nameFR

FORTY SEVEN CONSTRUCT

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