WR FALCON CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of WR FALCON CONSTRUCT is 3.3% (moderate). The 2025 annual accounts show equity of €7,136 and a net result of €3,287. Equity is shrinking by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 28% of 7586 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+25
Solvency47▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.28 against 1.22 in 2024; short-term debt: 77.9% and cash: 0.1% of total assets), and 77.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €7,136
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 03-07-2026, 28 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
28 d early
2024
8 d late
2023
22 d late
2022
4 d late
2021
2 d late
2020
10 d late
2019
95 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€7,136▲ 85.4%
2024 · €3,849
Total assets
€32,297▲ 48.8%
2024 · €21,711
Net result
€3,287▲ 5,413%
2024 · €60
Working capital
€7,136▲ 85.4%
2024 · €3,849
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2,581▼ 61.6%-€11,934-€7,637▲ 36.0%€1,275€4,780▲ 275%
Net result€1,691within the sector's middle half▼ 71.1%-€12,870below the sector's middle half-€8,051below the sector's middle half▲ 37.4%€60within the sector's middle half€3,287within the sector's middle half▲ 5,413%
Equity€24,710within the sector's middle half▲ 7.3%€11,840below the sector's middle half▼ 52.1%€3,789below the sector's middle half▼ 68.0%€3,849below the sector's middle half▲ 1.6%€7,136below the sector's middle half▲ 85.4%
Total assets€36,755below the sector's middle half▼ 19.6%€20,079below the sector's middle half▼ 45.4%€15,156below the sector's middle half▼ 24.5%€21,711below the sector's middle half▲ 43.2%€32,297below the sector's middle half▲ 48.8%
Debt€12,045▼ 47.0%€8,238▼ 31.6%€11,367▲ 38.0%€17,863▲ 57.1%€25,161▲ 40.9%
Working capital€24,710within the sector's middle half▲ 7.3%€11,840within the sector's middle half▼ 52.1%€3,789within the sector's middle half▼ 68.0%€3,849within the sector's middle half▲ 1.6%€7,136within the sector's middle half▲ 85.4%
Solvency67.2%above the sector's middle half▲ 16.9pp59.0%within the sector's middle half▼ 8.3pp25.0%within the sector's middle half▼ 34.0pp17.7%below the sector's middle half▼ 7.3pp22.1%within the sector's middle half▲ 4.4pp
Current ratio3.05above the sector's middle half▲ 1.042.44within the sector's middle half▼ 0.611.33within the sector's middle half▼ 1.101.22within the sector's middle half▼ 0.121.28within the sector's middle half▲ 0.07
Return on assets (ROA)4.6%within the sector's middle half▼ 8.2pp-64.1%below the sector's middle half▼ 68.7pp-53.1%below the sector's middle half▲ 11.0pp0.3%within the sector's middle half▲ 53.4pp10.2%within the sector's middle half▲ 9.9pp
Staff (FTE)0.30.3=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 275% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €32,297
Equity
€7,136 ▲ 85.4%
Debt
€25,161 ▲ 40.9%
Debt's share of the balance-sheet total falls from 82.3% to 77.9%. Equity and debt are higher.
Key figures and ratios
Debt to equity
3.53▼
2024 · 4.64
ROE
46.1%▲
2024 · 1.5%
Debt ≤ 1 year
€25,161▲
2024 · €17,863
Staff costs
€320
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1 | €508 | - | - | - | - |
| Remuneration, social security and pensions62 | €13,967 | €13,077 | €405 | - | €320 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €500 | - | - | - | - |
| Other operating charges640/8 | - | €531 | €63 | €719 | €108 | ▼ 84.9% |
| Gross operating margin9900 | €16,548 | €2,174 | -€7,169 | €1,995 | €5,208 | ▲ 161% |
| Operating profit (loss)9901 | €2,581 | -€11,934 | -€7,637 | €1,275 | €4,780 | ▲ 275% |
| Financial income75/76B | €12 | €0 | €0 | €24 | - | - |
| Recurring financial income75 | €12 | €0 | €0 | €24 | - | - |
| Financial charges65/66B | €244 | €936 | €413 | €1,240 | €1,493 | ▲ 20.4% |
| Recurring financial charges65 | €244 | €936 | €413 | €1,240 | €1,493 | ▲ 20.4% |
| Profit (loss) for the period before taxes9903 | €2,350 | -€12,870 | -€8,051 | €60 | €3,287 | ▲ 5,413% |
| Income taxes67/77 | €659 | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,691 | -€12,870 | -€8,051 | €60 | €3,287 | ▲ 5,413% |
| Profit (loss) for the period to be appropriated9905 | €1,691 | -€12,870 | -€8,051 | €60 | €3,287 | ▲ 5,413% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,755 | €20,079 | €15,156 | €21,711 | €32,297 | ▲ 48.8% |
| Current assets29/58 | €36,755 | €20,079 | €15,156 | €21,711 | €32,297 | ▲ 48.8% |
| Amounts receivable within one year40/41 | €30,072 | €9,891 | €13,646 | €18,834 | €31,734 | ▲ 68.5% |
| Trade receivables40 | €25,017 | €8,955 | €12,730 | €16,101 | €25,709 | ▲ 59.7% |
| Other amounts receivable41 | €5,056 | €936 | €917 | €2,733 | €6,025 | ▲ 120% |
| Cash at bank and in hand54/58 | €6,437 | €9,867 | €1,510 | €2,629 | €33 | ▼ 98.7% |
| Deferred charges and accrued income490/1 | €245 | €321 | - | €249 | €529 | ▲ 113% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,755 | €20,079 | €15,156 | €21,711 | €32,297 | ▲ 48.8% |
| Equity10/15 | €24,710 | €11,840 | €3,789 | €3,849 | €7,136 | ▲ 85.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €16,650 | €3,780 | -€4,271 | -€4,211 | -€924 | ▲ 78.0% |
| Amounts payable17/49 | €12,045 | €8,238 | €11,367 | €17,863 | €25,161 | ▲ 40.9% |
| Amounts payable within one year42/48 | €12,045 | €8,238 | €11,367 | €17,863 | €25,161 | ▲ 40.9% |
| Financial debts43 | €1,279 | €1,402 | €6,379 | €11,856 | €12,148 | ▲ 2.5% |
| Credit institutions430/8 | €1,279 | €1,402 | €6,379 | €11,856 | €12,148 | ▲ 2.5% |
| Trade debts44 | - | €1,053 | €1,036 | €1,431 | €9,571 | ▲ 569% |
| Suppliers440/4 | - | €1,053 | €1,036 | €1,431 | €9,571 | ▲ 569% |
| Taxes, remuneration and social security45 | €10,766 | €5,784 | €3,952 | €4,576 | €3,442 | ▼ 24.8% |
| Taxes450/3 | €3,324 | €659 | €651 | €1,276 | - | - |
| Remuneration and social security454/9 | €7,442 | €5,125 | €3,301 | €3,300 | €3,442 | ▲ 4.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,691 | -€12,870 | -€8,051 | €60 | €3,287 | ▲ 5,413% |
| Operating cash flow (approximation) | €1,691 | -€12,870 | -€8,051 | €60 | €3,287 | ▲ 5,413% |
| Change in cash | - | €3,430 | -€8,357 | €1,119 | -€2,596 | ▼ 332% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-12
Financial
Back to profitnet €60
Net result €60 after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet -€12,870
Net result drops to -€12,870, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evere · 1 establishment unit since 2019
Ground area
170 m²
Building footprint
83 m²
Volume, LiDAR
765 m³
Parcel 21006A0405/00Y004, Brussels · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
P. Van Obberghenstraat 90, 1140 Evere
since 20192.296.555.667
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0405/00Y004 | Brussels | 170 m² | 1 · 83 m² | 13.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Eco-Résidence QR
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 7,903 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
Contact
E-mail
wrfalconconstruct@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0717715272
Also
9925:BE0717715272
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.