FORCONSTRUCT
ActiveFORCONSTRUCT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-529. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 11% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+3
Solvency27=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.01 in 2024; short-term debt: 56.4% and cash: 0.1% of total assets), and 98.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 924 sector peers (2025).
NBB · sector comparisonPosition among 924 sector peers
Solvency
better than 11%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
1 d early
2022
5 d early
2021
2 d early
2020
1 d early
2019
33 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-529▲ 80.9%
2024 · €-3k
2018: €-2k
2019: €-1k
2020: €5k
2021: €-5k
2022: €-2k
2023: €2k
2024: €-3k
2018 → 2025
Working capital
€-1.02M▼ 1.4%
2024 · €-1.01M
2018: €-396k
2019: €-401k
2020: €-419k
2021: €-982k
2022: €-992k
2023: €-1.00M
2024: €-1.01M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€33k▼ 5.3%€35k▲ 6.6%€33k▼ 7.8%€32k▼ 1.6%
Operating result€12k-€18k▲ 51.8%€21k▲ 18.2%€17k▼ 20.5%€18k▲ 2.7%
Net result€-5k-€-2k▲ 63.9%€2k€-3k€-529▲ 80.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.84M
Fixed assets
€1.82M▼ 1.7%
Current assets
€16k▲ 20.3%
Equity and liabilities €1.84M
Equity
€32k▼ 1.6%
Debt
€1.80M▼ 1.5%
The debt ratio stays at 98.3%.
Key figures and ratios
EBITDA
€64k▲
2024 · €63k
Cash flow
€46k▲
2024 · €43k
Solvency
1.7%▼
2024 · 1.8%
Current ratio
0.02▲
2024 · 0.01
Quick ratio
0.02▲
2024 · 0.01
Debt / equity
56.18▲
2024 · 56.13
ROE
-1.6%▲
2024 · -8.5%
ROA
0.0%▲
2024 · -0.1%
Interest coverage
3.53▲
2024 · 3.18
Debt
€1.80M▼
2024 · €1.83M
Debt ≤ 1 year
€1.04M▲
2024 · €1.02M
Debt > 1 year
€768k▼
2024 · €811k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.86M€1.84M▼
Fixed assets21/28€1.85M€1.82M▼
Tangible fixed assets22/27€1.85M€1.82M▼
Land and buildings22€1.84M€1.81M▼
Furniture and vehicles24€10k€9k▼
Financial fixed assets28€2k€2k=
Current assets29/58€13k€16k▲
Amounts receivable within one year40/41€13k€15k▲
Trade receivables40€10k€6k▼
Other amounts receivable41€4k€9k▲
Cash at bank and in hand54/58€227€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.84M▼
Equity10/15€33k€32k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€415€415=
Non-distributable reserves130/1€415€415=
Legal reserve130€415€415=
Profit (loss) carried forward14€-30k€-31k▼
Amounts payable17/49€1.83M€1.80M▼
Amounts payable after more than one year17€811k€768k▼
Financial debts170/4€811k€768k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€1.02M€1.04M▲
Current portion of amounts payable after more than one year42€36k€40k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€403€0▼
Taxes450/3€403€0▼
Other amounts payable47/48€981k€991k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€68k€68k▲
Operating profit (loss)9901€17k€18k▲
Financial charges65/66B€20k€18k▼
Recurring financial charges65€20k€18k▼
Profit (loss) for the period before taxes9903€-3k€-529▲
Profit (loss) for the period9904€-3k€-529▲
Profit (loss) for the period to be appropriated9905€-3k€-529▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-31k▼
Profit (loss) brought forward from the previous period14P€-28k€-30k▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-5k ▼206%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deinze · 1 establishment unit since 2010
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.
Emiel Clauslaan 1329800 DeinzeGround area
524 m²
Building footprint
524 m²
Volume, LiDAR
4,619 m³
2 parcels, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Emiel Clausplein 132, 9800 Deinze
since 20102.192.849.108
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0263/00C000 | Flanders | 309 m² | 1 · 309 m² | 16.6 m · 4 fl. |
| 44004A0256/00A002 | Flanders | 215 m² | 1 · 215 m² | 15.9 m · 2 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.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,440 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-10-2010
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.