F&V Bouwteam
ActiveF&V Bouwteam has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €-8k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-15
Solvency61▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.97 in 2023; short-term debt: 38.1% and cash: 7.3% of total assets), and 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36%
Return on assets
-6.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
30 d late
2021
92 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€42k▼ 16.1%
2023 · €50k
2018: €10k
2019: €11k
2020: €8k
2021: €20k
2022: €43k
2023: €50k
2018 → 2024
Total assets
€117k▼ 33.5%
2023 · €176k
2018: €90k
2019: €72k
2020: €59k
2021: €97k
2022: €127k
2023: €176k
2018 → 2024
Net result
€-8k
2023 · €9k
2018: €-20k
2019: €1k
2020: €-3k
2021: €13k
2022: €25k
2023: €9k
2018 → 2024
Working capital
€-6k
2023 · €61k
2018: €-17k
2019: €-10k
2020: €-11k
2021: €-5k
2022: €8k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€20k▲ 141%€43k▲ 116%€50k▲ 17.7%€42k▼ 16.1%
Operating result€-2k-€15k€29k▲ 91.8%€16k▼ 46.2%€-5k
Net result€-3k-€13k€25k▲ 87.0%€9k▼ 62.5%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €16k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €117k
Fixed assets
€78k▲ 50.1%
Current assets
€39k▼ 68.7%
Equity and liabilities €117k
Equity
€42k▼ 16.1%
Debt
€75k▼ 40.5%
The debt ratio falls from 71.4% to 64.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2023 · €34k
Cash flow
€20k▼
2023 · €27k
Solvency
36.0%▲
2023 · 28.6%
Current ratio
0.87▼
2023 · 1.97
Quick ratio
0.87▼
2023 · 1.97
Debt / equity
1.78▼
2023 · 2.50
ROE
-19.2%▼
2023 · 18.4%
ROA
-6.9%▼
2023 · 5.2%
Interest coverage
7.82▼
2023 · 14.04
Debt
€75k▼
2023 · €126k
Debt ≤ 1 year
€45k▼
2023 · €63k
Debt > 1 year
€30k▲
2023 · €8k
Income taxes
€0▼
2023 · €4k
Staff costs
€28k▲
2023 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€176k€117k▼
Fixed assets21/28€52k€78k▲
Tangible fixed assets22/27€52k€78k▲
Plant, machinery and equipment23€20k€56k▲
Furniture and vehicles24€32k€22k▼
Current assets29/58€124k€39k▼
Amounts receivable within one year40/41€14k€28k▲
Trade receivables40€11k€25k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€108k€9k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€176k€117k▼
Equity10/15€50k€42k▼
Contributions10/11€6k€6k=
Reserves13€57k€57k=
Tax-exempt reserves132€214€214=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-13k€-21k▼
Amounts payable17/49€126k€75k▼
Amounts payable after more than one year17€8k€30k▲
Financial debts170/4€8k€30k▲
Amounts payable within one year42/48€63k€45k▼
Current portion of amounts payable after more than one year42€6k€14k▲
Trade debts44€45k€23k▼
Suppliers440/4€45k€23k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€6k€6k▼
Accrued charges and deferred income492/3€55k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€27k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€28k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€62k€54k▼
Operating profit (loss)9901€16k€-5k▼
Financial income75/76B€61€81▲
Recurring financial income75€61€81▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€13k€-8k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€9k€-8k▼
Profit (loss) for the period to be appropriated9905€9k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-21k▼
Profit (loss) brought forward from the previous period14P€-13k€-13k▲
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
Profit to be distributed694/7€2k€0▼
Return on contributions (dividend)694€2k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €25k ▲87%
Operating result €29k, net result €25k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Veurne · 1 establishment unit since 2016
Cannot 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.
Proostdijkstraat 3-A0008630 VeurneGround area
1,564 m²
Building footprint
448 m²
Volume, LiDAR
1,857 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F&V Bouwteam
since 20162.248.799.005
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025C0024/00P004 | Flanders | 795 m² | 1 · 191 m² | 8.7 m · 2 fl. |
| 38025C0070/00G000 | Flanders | 769 m² | 1 · 258 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 47 EUR awarded · 47 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 47 EUR | 47 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
43410Roofing work
43422Screed work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.