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FVN

Active
Private limited companyfounded 2012active for 13 yearsTurnhoutsebaan 194, 2460 Kasterlee, BelgiumKBO/BCE: BE 0501.794.163
Summary

FVN has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €340,911. Equity has been growing by about 36% per year since 2018. Its solvency ranks better than 81% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-12-2012 Normal situation
Activity
Development of residential building projects NACE 68121and 3 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
Establishment unit
2.214.631.051 2460 Kasterlee, since 05-12-2012
Financial year end
31 December
Peppol
Reachable since 01-04-2025

Board and ownership

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€591,112
▲ 209%
Turnover
≈ €1.0m
estimated
Profit
€340,911
▲ 258%
Equity
€1.0m
▲ 25.7%
Total assets
€1.4m
▲ 28.4%
Employees on 31-12-2025
1
=
Score breakdownlowers riskLiquidity: current ratio 3.75, cash €445,057Equity €1.0m (73.6% of total assets)Figures for financial year 2025 (filed on 13-06-2026)Size: 1 FTE, total assets €1.4mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 83% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 99-1
equity 73.6% of total assets
Liquidity 79+35
short-term debt 26.1% · cash 31.5%
Profitability 99+40
return on assets 24.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026highest value 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.75 (4.04 in 2024), above the usual 1.5. Short-term debt is 26.1% and cash 31.5% of total assets. 26.4% of the assets are financed with debt and provisions.
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 68, micro). It does better than 80% of them on solvency, 86% on liquidity, 90% on profitability and 78% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.75, cash €445,057
NBB · annual accounts
lowers risk · Equity €1.0m (73.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 13-06-2026)
NBB · annual accounts
lowers risk · Size: 1 FTE, total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
66 days early
2023
42 days early
2022
11 days early
2021
24 days early
2020
40 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €95,118 to €340,911 ▲ 258% View
  • Positive: Higher net result than 91% of companies in real estatesector median €10,001 · 11,250 companies €340,911 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €340,911 8 years View

Recent changes

  1. · Gazette deed Appointment: Frank Julius Maria VAN NIJLEN (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as FVN: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €2.2m, founded between 2008 and 2015.

CompanyTotal assetsGross margin
FVN Kasterlee€1.4m€0.6m
Alg. Ond. J. Helsen Geel€2.0m€0.7m
ALGEMENE BOUWONDERNEMING POLLET K & G Diksmuide€2.2m€0.6m
Decalife Invest Tournai€1.3m€0.3m
Zenbuilt Oudergem€1.7m€0.2m
POLHUYS Damme€1.7m€0.2m
ALPHA BOUWPROMOTIE Aalter€2.2m€0.3m
Full comparison

Key facts about FVN

What is the company number of FVN?
The company number of FVN is 0501.794.163. The VAT number is the same number with BE in front: BE 0501.794.163.
Where is FVN based?
The registered office is at Turnhoutsebaan 194, 2460 Kasterlee.Company details
What does FVN do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of FVN?
The legal form of FVN is Private limited company (BV).
When was FVN founded?
FVN was founded on 05-12-2012.
Is FVN still active?
Yes, FVN is an active enterprise in the KBO register.
How many employees does FVN have?
FVN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FVN fall under?
In its 2023 annual accounts, FVN states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of FVN?
The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €591,112 and 42 comparable companies (NACE 681). It probably lies between €800,000 and €1.7m.
Is FVN profitable?
In financial year 2025, FVN made a profit of €340,911.
Where can I find the annual accounts of FVN?
FVN filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FVN due?
FVN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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