Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E.F. CONSTRUCTION from Marche-en-Famenne, company number BE0692953548, closed financial year 2025 with a result of € 146 after tax. For that financial year E.F. CONSTRUCTION recorded revenue of € 40,503 and equity of € -435. Compared with financial year 2024, the result moved from € 331 to € 146. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ -435
▲ € 146 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 146
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 2,082
▲ 111% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -2,935.
People and assets in 2025
€ 11,313
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11,550
▼ 39% vs 2024
€ 7,634 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,366
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 291
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 162,664 | € 31,157 | € 51,745 | € 40,503 | ▼ 22% |
| Gross margin | € 19,501 | € 5,376 | € 10,857 | € 10,681 | ▼ 2% |
| Profit after taxes | € 12,210 | € -4,432 | € 331 | € 146 | ▼ 56% |
| Equity | € 3,519 | € -912 | € -581 | € -435 | ▲ € 146 |
| Total debts | € 52,825 | € 34,605 | € 28,568 | € 22,272 | ▼ 22% |
| Cash | € 613 | € 124 | € 987 | € 2,082 | ▲ 111% |
| Retained profit | € 1,019 | € -3,412 | € -3,081 | € -2,935 | ▲ € 146 |
| Dividend | € 12,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 32,943 | € 26,055 | € 18,927 | € 11,550 | ▼ 39% |
| Balance sheet total | € 56,345 | € 33,693 | € 27,986 | € 21,836 | ▼ 22% |
Key figures of E.F. CONSTRUCTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to E.F. CONSTRUCTION?
What happened at E.F. CONSTRUCTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 146 (▼ 56% vs 2024). filed late Source: NBB ↗
- New establishment in Marche-en-Famenne. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 12,210 profit in 2022 to € 146 profit in 2025.
Paid € 169 in corporate taxes since 2022.
Best year ever: 2022, with € 12,210 profit.
Paid out € 12,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Waha, Rue du Thier 49
6900 Marche-en-Famenne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- FRERES Eric Jacques Ghislain(oprichter) 96.8%
- LAMOLINE Ingrid Renée Marie Ghislaine(oprichter) 3.2%
Details
- Company number
- 0692.953.548
- VAT number
- BE 0692.953.548
- Registered office
- Waha, Rue du Thier 49, 6900 Marche-en-Famenne
- Names & denominations
- E.F. CONSTRUCTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2018
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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