Turnover
≈ €15,000 estimated
The micro format states no turnover.
FPI CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €1,247 (2025)
€1,247
peak €66 (2025)
€66
peak €1,566 (2025)
€1,566
€12,575
Board1 name since 2025
1 directorPIRSON Félix
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Incorporation 03-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€12,575 89% of the balance sheet
Suppliers 15%Taxes and wages 47%Other 38%
Of this, €7,765 falls due within a year.
Position in the sector
€1,566
Less equity than 86% of companies in construction of buildings. Sector median €45,553 · 9,465 companies.
2025 accounts filed 17 days after the deadline
Checked score
55
Fair
Financially stronger than 39% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 3.6%
06-2026: 3.7%▲ +0.1 percentage points vs 05-2026
07-2026: 4.0%▲ +0.3 percentage points vs 06-2026
08-2026: 4.2%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -2.7 percentage points vs 08-2026lowest value
10-2026: 1.6%▲ +0.1 percentage points vs 09-2026
11-2026: 1.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2025
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €14,141
lowers risk
Liquidity: current ratio 1.82, cash €12,420
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 19% of them on solvency, 76% on liquidity and 23% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 294 companies had the same profile as FPI CONSTRUCT has now. Each dot is one company, two years later.
95.6%
were still trading
2.0%
stopped another way
2.4%
went bankrupt
That fits the bankruptcy probability of FPI CONSTRUCT itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 294 companies, not a prediction for FPI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 19%
← weakest
strongest →
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
17 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021736731
Incorporation
Founding capital of €1,500 · Founder: PIRSON Félix · Appointment: PIRSON Félix (director) · published on 03-04-2025 · Gazette deed
First establishment
Rue Lieut.Col.Maniette 29, Namur
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FPI CONSTRUCT Namur | €14,141 | €1,247 | 11.1% | - |
| ROSSIGNOL C Beauraing | €14,932 | -€13,116 | -105.0% | - |
| IN FACADE RENOVATION Zaventem | €15,119 | -€6,148 | -35.9% | - |
| Jaja Nieuwpoort | €13,100 | €985 | 14.3% | - |
| AFA consulting & construct Puurs-Sint-Amands | €16,409 | -€5,832 | -33.0% | - |
| W&S Construct Laakdal | €11,108 | €1,233 | 28.6% | - |
| INOVA DESIGN & CONSTRUCT Drogenbos | €11,818 | €1,177 | 17.4% | - |
These companies have the same main activity as FPI CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €11,100 and €16,400, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 01-04-2025Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.373.069.6635020 Namur, since 01-04-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 15-04-2025
Insights on FPI CONSTRUCT
The computed 12-month bankruptcy probability of FPI CONSTRUCT is 1.6% (moderate). The 2025 annual accounts show equity of €1,566 and a net result of €66.
Its solvency ranks better than 19% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 17-08-2026, 17 days late€1,247
€659
€66
€6,376
11.1%
1.82
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €15,000. Estimated: probably between €7,800 and €27,000.
Balance sheet
balance sheet total €14,141 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
11.1%
Higher than 19% of 9,462 companies in 2025.
1.82
Higher than 53% of 9,210 companies in 2025.
0.5%
Higher than 27% of 9,282 companies in 2025.
FPI CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
14,141 | |
29/58 |
14,141 | |
40/41 |
290 | |
40 |
290 | |
54/58 |
12,420 | |
490/1 |
1,431 | |
| Balance sheet: equity and liabilities | ||
10/49 |
14,141 | |
10/15 |
1,566 | |
10/11 |
1,500 | |
14 |
66 | |
17/49 |
12,575 | |
17 |
4,810 | |
178/9 |
4,810 | |
42/48 |
7,765 | |
44 |
1,866 | |
440/4 |
1,866 | |
45 |
5,899 | |
450/3 |
3,920 | |
454/9 |
1,978 | |
| Income statement | ||
9900 |
1,247 | |
640/8 |
587 | |
9901 |
659 | |
65/66B |
54 | |
65 |
54 | |
9903 |
605 | |
67/77 |
539 | |
9904 |
66 | |
9905 |
66 | |
| Appropriation of the result | ||
9906 |
66 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403860.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-08-2026 | 2026-00403860 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 6,376 | ||
| 11.1% | ||
| 1.82 | ||
| 8.03 | ||
| 4.2% | ||
| 0.5% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on FPI CONSTRUCT
Debt's share of the balance-sheet total is 88.9%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 03-04-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 17-08-2026
Mandates through the years
1 name, the dashed line is todayPIRSON Félix
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- PIRSON Félix
- Director (not named in the articles), appointed by deed of 03-04-2025, still in office
Control
Capital
- Contribution
- €1,500
- Shares
- 1,500
- Contribution per share
- €1
- Equity per share
- €1.04 in 2025
- Source
- deed of 03-04-2025
Articles of association
deed of 03-04-2025 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00
Founder
At incorporation
deed of 03-04-2025 ↗
- PIRSON Félix sole founder · 100% at incorporation
Capital transactions
Capital over time
- 03-04-2025 Incorporation · €1,500
- 03-04-2025 Incorporation · 1,500 shares
Network & group
No group
FPI CONSTRUCT has no parent and no holdings in its annual accounts. PIRSON Félix is the only director. FPI CONSTRUCT shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 17 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1021736731
IncorporationFounding capital of €1,500 · Founder: PIRSON Félix · Appointment: PIRSON Félix (director) · published on 03-04-20257 points ▸
- Founder, PIRSON Félix
- Founding capital, €1,500
- 1,500 shares
- Registered office clause, Rue Lieutenant Colonel Maniette 29, 5020 Namur (Temploux)
- Director appointment, PIRSON Félix (director (not named in the articles))
- Permanent representative, PIRSON Félix
- Pre-incorporation commitments, FPI CONSTRUCT
- The deed holds 2 more points.
First establishment Rue Lieut.Col.Maniette 29, Namur
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1021.736.731
- VAT number
- BE 1021.736.731
- Peppol ID
- 0208:1021736731
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 01-04-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Tuesday of June at 18:00deed of 03-04-2025 (in French)
- Peppol
- Reachable since 15-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- FPI CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-04-2025 (in French)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le conseil aux sociétés que celles-ci soient contrôlées notamment en matière de marketing et de management,et notamment,sans que cette liste…”deed of 03-04-2025 (in French)
43 activities
- Le conseil aux sociétés que celles-ci soient contrôlées notamment en matière de marketing et de management,et notamment,sans que cette liste ne soit exhaustive,l'assistance en matière de développement,l'analyse d'informations relatives aux tendances du marché et aux évolutions récentes,la communication institutionnelle externe,la mise en place et le suivi d'une charte éthique au sein des groupes de sociétés et l'assistance dans la définition de la politique générale des ressources humaines.
- L'entreprise générale de construction,de carrelages,de peintures,de maçonneries et de béton,de menuiseries et charpentes,de plafonnage et de cimentage
- Les affaires immobilières,le commerce de détail en matériaux de construction,en papiers peints,linoléum,balatum,en couleurs et produits d'entretien,en articles sanitaires,en articles d'ameublement,le commerce de détail et le placement d'articles en matière plastique ou produits synthétiques suivant l'article 6 de l'Arrêté royal du trente et un août mil neuf cent soixante-quatre,hormis les activités réglementées
- L'exploitation directe ou indirecte de tous produits provenant directement ou indirectement de marchés spéciaux de faillites ou de concordats
- L'entreprise de construction,de réfection et d'entretien des routes,travaux d'égouts,travaux de pose de câbles et de canalisation diverses,travaux de distribution d'eau et de gaz,installation de signalisation routière et marquage des routes,et de nettoyage de façades,placement de clôtures
- L'entreprise d'aménagement de plaines de jeux et de sport,de parcs et de jardins
- L'entreprise de travaux de drainage,travaux de consolidation du sol par tous systèmes,travaux d'assèchement de construction autres que par le bitume et l'asphalte,travaux d’installation et de restauration de monuments
- L'entreprise d'isolation thermique et acoustique,installation de panneaux solaires et de pompe à chaleur,placement de cloisons et de faux-plafonds,pose de plâtre et de gyproc,placement de ferronneries,volets et menuiseries métalliques et plastiques,placement de volets en bois,construction métallique,montage de constructions métalliques et plastiques,installation de ventilation et d'aération,de chauffage à air chaud et conditionnement d'air,placement d'adoucisseurs d'eau,installation de cheminées ornementales,pose de parquets,peinture industrielle(sur charpentes métalliques)et sablage,recouvrement de corniches en matière plastique,ramonage de cheminée,lavage de vitres,travaux de nettoyage et de démoussage de toitures et corniches,placement de corniches en PVC,Installation de cuisines équipées,recouvrement de pignons et façades avec de la matière plastique
- L'aménagement de greniers
- Toute entreprise d'installations pour fêtes et expositions et notamment le montage et le démontage de stands
- Toute entreprise de création d'étalages,de placement de décors pour théâtres,cinémas
- La vente et le placement de menuiserie du bâtiment et menuiserie générale
- La fabrication et la pose de châssis,volets,vérandas
- La société a pour objet toutes activités de construction d'ouvrage en matériaux PVC,de construction d'ouvrage d'art non métallique,l'entretien,la pose,la réparation,l'achat,la vente,l'importation et l'exportation de ceux-ci
- Les travaux de terrassement:creusement,comblement,nivellement de chantiers de construction,ouverture de tranchées,dérochement,destruction à l'explosif,etc
- Le chauffage centrale,l'installation sanitaires,la plomberie,la zinguerie
- L'installation électrotechnique
- L'installation de piscine
- L'installation d'un système de panneaux photovoltaïques
- Les travaux de couvertures en tous matériaux
- L'entreprise générale d'électricité en bâtiment industrielle et domotique
- Le rabattement de la nappe aquifère et le drainage des chantiers de constructions
- Le drainage des terrains agricoles et sylvicoles
- La construction de terrains de jeux et de sport,de bassins de natation,etc
- Le forage et construction de puits d'eau,fonçage de puits
- La pose de chape
- La construction de cheminées et de fours industriels
- L'exécution pour les tiers de travaux de levage
- Le montage et démontage d'échafaudages et de plates-formes de travail
- L'exécution de travaux de rejointoiement
- Le montage de cloisons sèches à base de plâtre
- Le montage de cloisons mobiles
- Le revêtement de murs,de plafonds,etc.,métallique
- Le montage de portes blindées et portes coupe-feux,métalliques
- Le nettoyage à la vapeur,le sablage et les activités analogues appliquées aux parties extérieures des bâtiments
- Le nettoyage de bâtiments nouveaux et la remise en état des lieux après travaux
- Les autres travaux d'achèvement et de finition des bâtiments n.d.a.
- Le nettoyage intérieur de bâtiments de tous types,y compris les bureaux,les usines,les ateliers,les locaux d'institutions et autres locaux à usage commercial ou professionnel ainsi que les immeubles à appartements
- La location de voiture sans chauffeur
- La location de fonds de commerce et refacturation des frais reliés à celui-ci
- L'organisation d'évènement ayant un rapport avec l'objet social ci-dessus
- La société a pour objet,pour son propre compte ou pour compte d'autrui,en Belgique ou à l'étranger l'administration de sociétés,prise de mandat d'administrateur
- La société a également pour objet,tant en Belgique qu'à l'étranger,pour son propre compte,la constitution et la gestion d'un patrimoine immobilier et la location financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Lieut.Col.Maniette 29 registered office 5020 Namur | 01-04-2025 | 2.373.069.663 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1021.736.731