Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
FG CONSTRUCTION from Lierneux, company number BE0478275524, closed financial year 2024 with a result of € -10,753 after tax. For that financial year FG CONSTRUCTION recorded a gross margin of € 10,306 and equity of € 101,151. Compared with financial year 2023, the result moved from € -3,406 to € -10,753. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 29, 2025.
€ 101,151
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,753
▼ 216 % more loss than in 2023
Profit after tax over the fiscal year.
€ 8,004
▼ 84% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 94,951.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,630
▼ 69% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 4,207
▲ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 13,706
▼ 52% vs 2023
€ 10,196 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8,692
▲ 96% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 423
▼ 60% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 43,558 | € 21,129 | € 28,333 | € 10,306 | ▼ 64% |
| Profit after taxes | € 4,848 | € -10,663 | € -3,406 | € -10,753 | ▼ € 7,346 |
| Equity | € 125,973 | € 115,310 | € 111,904 | € 101,151 | ▼ 10% |
| Total debts | € 66,888 | € 52,376 | € 34,364 | € 25,871 | ▼ 25% |
| Cash | € 73,514 | € 54,214 | € 49,649 | € 8,004 | ▼ 84% |
| Land & buildings | € 47,575 | € 41,628 | € 35,681 | € 29,735 | ▼ 17% |
| Retained profit | € 119,773 | € 109,110 | € 105,704 | € 94,951 | ▼ 10% |
| Dividend | € 809 | € 0 | € 0 | € 0 | |
| Bank debt | € 48,875 | € 39,866 | € 28,417 | € 13,706 | ▼ 52% |
| Balance sheet total | € 192,861 | € 167,686 | € 146,268 | € 127,022 | ▼ 13% |
Key figures of FG CONSTRUCTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FG CONSTRUCTION?
What happened at FG CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 10,753. filed late Source: NBB ↗
- New establishment in Lierneux. KBO
- Start of the company according to the CBE. KBO
- Grégory FARCY became a director. NBB
In short
From € 4,848 profit in 2021 to € 10,753 loss in 2024.
Paid € 6,866 in corporate taxes since 2021.
Best year ever: 2021, with € 4,848 profit.
Paid out € 809 in dividends to the owners in total.
Management
Behind FG CONSTRUCTION is Grégory FARCY.
Directors
According to the 2024 annual accounts
Grégory FARCY
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Baneux 81
4990 Lierneux
Jevigné, Route de Baneux 81
4990 Lierneux
Active since 24 October 2002
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.275.524
- VAT number
- BE 0478.275.524
- Registered office
- Baneux 81, 4990 Lierneux
- Names & denominations
- FG CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 September 2002
- Peppol
- Active · Active since 30 Jan 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Groothandel in bouwmaterialen, algemeen assortiment
Overige gespecialiseerde bouwactiviteiten, neg
Slopen
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Slopen van gebouwen
Overige gespecialiseerde werkzaamheden in de bouw
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