Age14 yrs
Real estate2 parcels · 760 m²
Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 013 for FREE BEST CONSTRUCT (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €6k and a net result of €-10k.
Based on the State Gazette, CBE and 6 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneDissolution or liquidation
The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.
Filing behaviour
From the deposit records, complete market-wideFiling behaviour not assessed
The register records a dissolution or liquidation. From that point the liquidator files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | 16-10-2024 | 77 d late | 2024-00510953 |
| 31-12-2022 | 31-07-2023 | 21-08-2023 | 21 d late | 2023-00346307 |
| 31-12-2021 | 31-07-2022 | 06-10-2022 | 67 d late | 2022-20454490 |
| 31-12-2020 | 31-07-2021 | 03-09-2021 | 34 d late | 2021-65500357 |
| 31-12-2019 | 31-07-2020 | 22-10-2020 | 83 d late | 2020-62500303 |
| 31-12-2018 | 31-07-2019 | 25-07-2019 | 6 d early | 2019-37700387 |
| 31-12-2017 | 31-07-2018 | 11-09-2018 | 42 d late | 2018-62600429 |
| 31-12-2016 | 31-07-2017 | 21-08-2017 | 21 d late | 2017-46500215 |
| 31-12-2015 | 31-07-2016 | 16-08-2016 | 16 d late | 2016-44300552 |
| 31-12-2014 | 31-07-2015 | 23-06-2015 | 38 d early | 2015-20900378 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalRegister: dissolution or liquidation
The KBO register records legal situation 013 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
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.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-10k
Working capital€5k-65.3%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 16-10-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 58.6% | 37.5% | |
| Net result | €-10k | €9k | |
| Equity | €6k | €25k | |
| Gross operating margin | €-11k | €27k | |
| Total assets | €10k | €81k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P74
Improving position over 2020-2023
· n=495-3159
P10
Stable position over 2020-2023
· n=493-3151
P21
Stable position over 2020-2023
· n=498-3164
P5
Stable position over 2020-2023
· n=494-3145
Describes the position versus peers, not a forecast.
€-11k
-
18-23
€-10k
-
18-23
€-10k
-
18-23
€10k
-41.6%
18-23
€6k
-63.7%
18-23
€5k
-65.3%
18-23
€155
-
18-23
€1k
+166.1%
18-23
Show 9 other metrics
€4k
+328.9%
18-23
€4k
+328.9%
18-23
2.29
-86.5%
18-23
2.29
-86.5%
18-23
58.6%
-37.9%
18-23
0.71
+1082.2%
18-23
-175.7%
-
18-23
-102.9%
-
18-23
-83.66
-
18-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-11k |
| Net profit | €-10k |
| Cash flow | €-10k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €10k |
| Equity | €6k |
| Debt | €4k |
| of which ≤ 1y | €4k |
| of which > 1y | - |
| Working capital | €5k |
| Employees (FTE) | - |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 2.29 |
| Quick ratio | 2.29 |
| Working capital ratio | 53.4% |
| Solvency | 58.6% |
| Debt / equity | 0.71 |
| Long-term debt ratio | - |
| Interest coverage | -83.66 |
| Gross margin | - |
| Net margin | - |
| ROA | -102.9% |
| ROE | -175.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10k |
| Fixed assets | 21/28 | €531 |
| Tangible fixed assets | 22/27 | €531 |
| Current assets | 29/58 | €10k |
| Amounts receivable within one year | 40/41 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10k |
| Equity | 10/15 | €6k |
| Contributions / capital | 10/11 | €18k |
| Reserves | 13 | €493 |
| Accumulated profits (losses) | 14 | €-13k |
| Amounts payable | 17/49 | €4k |
| Amounts payable within one year | 42/48 | €4k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-11k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €136 |
| Result before taxes | 9903 | €-10k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.
Directors
Directors & mandates
1 directorFormer directors (1)
-
BORDEEANU Ciprian-FlorinManagerState Gazette act 24401581 (31-05-2024)Former- → 31-05-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Algemene bouw van residentiële gebouwen(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 13-10-2011 |
| Status | Active |
| Postal code | 7100 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Chaussée de Jolimont(PIE) 957100 La LouvièreEstablishment units
1 locationFREE BEST CONSTRUCT
since 20112.204.399.135
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area760 m²
Buildings2
Building footprint290 m²
Volume (LiDAR)723 m³
Tallest building9.1 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051C0094/00D002 | Wallonia | 572 m² | 1 · 92 m² | 9.1 m · 3 fl. |
| 56033A0006/00T000 | Wallonia | 188 m² | 1 · 197 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.
Belgisch Staatsblad · acts
1 acts Address history · 1
31-05-2024
Registered-office move
All acts · 1
updated 2 years ago
2024
31-05-2024 Registered office moved from Villers-la-Ville to La Louvière
- Rue de Villers 55 : 1495 Villers-la-Ville → La Louvière 7100, Chaussée de Jolimont, 95
Notary:
Dimitri CLEENEWERCK · CRAYENCOUR
Analysis
Financial profile
5 of 5 axes measured34
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
98
Growth
32
Stability
40
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 5,400 of the 29,581 companies in this sector. 3,497 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201
Primary activity highlighted.
Names & trade names
| Legal nameFR | FREE BEST CONSTRUCT |
| AbbreviationFR | FB Construct |
Registered office
Chaussée de Jolimont(PIE) 95
7100 La Louvière, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.