FAGOT CONSTRUCT & CO
Open bankruptcyA bankruptcy procedure is open for FAGOT CONSTRUCT & CO according to publications in the Belgian State Gazette; curator: CLEMENTINE MALSCHALCK.
Summary
The 2023 annual accounts show equity of €101k and a net result of €11k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-09-2024, 50 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
50 d late
2022
42 d early
2021
20 d early
2020
4 d early
2019
88 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€101k▲ 11.6%
2022 · €91k
2018: €36k
2019: €61k
2020: €59k
2021: €92k
2022: €91k
2018 → 2023
Total assets
€623k▲ 265%
2022 · €170k
2018: €125k
2019: €127k
2020: €112k
2021: €255k
2022: €170k
2018 → 2023
Net result
€11k
2022 · €-1k
2018: €-31k
2019: €24k
2020: €-2k
2021: €33k
2022: €-1k
2018 → 2023
Working capital
€169k▲ 111%
2022 · €80k
2018: €25k
2019: €47k
2020: €51k
2021: €81k
2022: €80k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€61k-€59k▼ 3.1%€92k▲ 56.8%€91k▼ 1.4%€101k▲ 11.6%
Operating result€25k-€-2k€41k€-370€22k
Net result€24k-€-2k€33k€-1k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €22k after a loss of €370 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €623k
Fixed assets
€344k ▲ 1,536%
Current assets
€279k ▲ 86.6%
Equity and liabilities €623k
Equity
€101k ▲ 11.6%
Debt
€521k ▲ 555%
Debt's share of the balance-sheet total rises from 46.6% to 83.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2022 · €6k
Cash flow
€64k▲
2022 · €5k
Current ratio
2.53▲
2022 · 2.15
Quick ratio
2.22▲
2022 · 1.65
Debt to equity
5.14▲
2022 · 0.87
ROE
10.4%▲
2022 · -1.4%
ROA
1.7%▲
2022 · -0.7%
Interest coverage
15.84▼
2022 · 27.38
Debt ≤ 1 year
€110k▲
2022 · €70k
Debt > 1 year
€411k▲
2022 · €7k
Income taxes
€7k▲
2022 · €662
Staff costs
€36k▲
2022 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 52 lines
Balance sheet
Code20222023
Assets
Total assets20/58€170k€623k▲
Fixed assets21/28€21k€344k▲
Tangible fixed assets22/27€20k€342k▲
Land and buildings22€865€328k▲
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€15k€12k▼
Leasing and similar rights25€1k€725▼
Other tangible fixed assets26€1k€911▼
Financial fixed assets28€1k€1k=
Current assets29/58€149k€279k▲
Stocks and contracts in progress3€35k€34k▼
Stocks30/36€35k€34k▼
Amounts receivable within one year40/41€56k€223k▲
Trade receivables40€51k€219k▲
Other amounts receivable41€4k€4k▼
Cash at bank and in hand54/58€59k€22k▼
Equity and liabilities
Total equity and liabilities10/49€170k€623k▲
Equity10/15€91k€101k▲
Contributions10/11€17k€19k▲
Reserves13€4k€2k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€70k€81k▲
Amounts payable17/49€80k€521k▲
Amounts payable after more than one year17€7k€411k▲
Financial debts170/4€7k€411k▲
Amounts payable within one year42/48€70k€110k▲
Current portion of amounts payable after more than one year42€6k€15k▲
Trade debts44€43k€87k▲
Suppliers440/4€43k€87k▲
Advances received on contracts in progress46€630€630=
Taxes, remuneration and social security45€17k€8k▼
Taxes450/3€9k€6k▼
Remuneration and social security454/9€8k€1k▼
Other amounts payable47/48€3k-
Accrued charges and deferred income492/3€2k-
Income statement
Code20222023
Remuneration, social security and pensions62€12k€36k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€53k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€20k€115k▲
Operating profit (loss)9901€-370€22k▲
Financial income75/76B€2€11▲
Recurring financial income75€2€11▲
Financial charges65/66B€216€5k▲
Recurring financial charges65€216€5k▲
Profit (loss) for the period before taxes9903€-585€18k▲
Income taxes67/77€662€7k▲
Profit (loss) for the period9904€-1k€11k▲
Profit (loss) for the period to be appropriated9905€-1k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€81k▲
Profit (loss) brought forward from the previous period14P€71k€70k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · FAGOT CONSTRUCT & CO SRL RUE DU PEIGNE D’OR 24-1, 1390 GREZ-DOICEAU · event 27-03-2025
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Equity above €100kEq €101k ▲11.6%
Equity rises from €91k to €101k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
2015
09-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Grez-Doiceau · 1 establishment unit since 2013
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.
Rue du Peigne d'Or 241390 Grez-DoiceauGround area
862 m²
Building footprint
102 m²
Volume, LiDAR
546 m³
Parcel 25070B0117/00Z004, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Peigne d'Or 24/1, 1390 Grez-Doiceau
since 20132.225.261.360
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25070B0117/00Z004 | Wallonia | 862 m² | 1 · 102 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLEMENTINE MALSCHALCK OFF.PARK GREEN,RUE
DU PANIER VERT 70, 1400 NIVELLES- |
27-03-2025 → present |
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Of 394 companies in sector 42990 we hold annual accounts for 182. 138 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.