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FRED CONSTRUCT

Active
Private limited companyfounded 2017active for 9 yearsScailquinstraat 35, 1210 Sint-Joost-ten-Node, Belgium37 active companies are registered at this addressKBO/BCE: BE 0675.625.685
Summary

The computed 12-month bankruptcy probability of FRED CONSTRUCT is 1.5% (moderate). The 2024 annual accounts show equity of €256,615 and a net result of €54,340. Equity is growing by about 80% per year across the filed financial years. Its solvency ranks better than 77% of 9,841 sector peers (NACE 41, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€377,729total assets 2024
Equity
€256,615
Profit
€54,340
Turnover not published (micro format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Accounts 82 days overdue1 of 4 deeds read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 29-09-2025)1 financial year not filed after the legal deadline; latest accounts 58 days late; 3 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 3.02, cash €164,003Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 76% of its sector peers (NACE 41, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 93+5
equity 67.9% of total assets
Liquidity 86+3
short-term debt 32.1% · cash 43.4%
Profitability 87-3
return on assets 14.4%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,427 companies, NACE 41, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 0.9%▼ -0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 0.6%▼ -0.9 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.5 percentage points vs 09-2026highest value
Credit of up to €14,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 3.02, compared with 2.6 in 2023, above the usual 1.5; short-term debt: 32.1% and cash: 43.4% of total assets), and 32.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 77% on solvency, 88% on liquidity, 71% on profitability and 69% on growth.

The bankruptcy probability was computed on 20-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 29-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 58 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 3.02, cash €164,003
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 8 filings
Deviation from the deadline
2025
not filed
2024
58 days late
2023
65 days late
2022
70 days late
2021
74 days late
2020
62 days late
2019
96 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 71 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignation: BASTOS de AGUIAR LOPES Adriana…Appointment: BASTOS de AGUIAR LOPES…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Positive: Among the best 10% on equitysector median €45,440 · 9,853 companies €256,615 View
  • Positive: 5 profitable years in a rowprofit 2024: €54,340 5 years View
  • Positive: Equity rose in 2024from €202,275 to €256,615 ▲ 26.9% View

By topic

Financials

Financial year
2024
Total assets
€377,729
Profit
€54,340
Solvency
67.9%
Total assets▲ 17.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2018
  1. 31-12-2023Equity above €200,000
  2. 09-10-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2024
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
11-05-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
25
Who signs
Each director alone
Annual meeting
Last Monday of June at 18:00
Purpose
“Entreprise générale de tous travaux publics et privés, d’une manière générale tous travaux…” (deed in French)
Go to Articles of association

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