A VLAD CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of A VLAD CONSTRUCT is 2.4% (moderate). The 2024 annual accounts show equity of €82k and a net result of €31k. Equity is growing by ~54.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+16
Solvency93▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 2.64 in 2023; short-term debt: 32.4% and cash: 2.1% of total assets), and 32.4% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
48 d late
2022
22 d late
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€82k▲ 60.6%
2023 · €51k
2021: €3k
2022: €42k
2023: €51k
2021 → 2024
Total assets
€122k▲ 53.7%
2023 · €79k
2021: €39k
2022: €106k
2023: €79k
2021 → 2024
Net result
€31k▲ 220%
2023 · €10k
2021: €-230
2022: €39k
2023: €10k
2021 → 2024
Working capital
€74k▲ 61.1%
2023 · €46k
2021: €-13k
2022: €28k
2023: €46k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€3k-€42k▲ 1,398%€51k▲ 23.4%€82k▲ 60.6%
Operating result€-183-€49k€15k▼ 69.7%€45k▲ 206%
Net result€-230-€39k€10k▼ 75.0%€31k▲ 220%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 206% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€9k▲ 55.9%
Current assets
€113k▲ 53.5%
Equity and liabilities €122k
Equity
€82k▲ 60.6%
Debt
€39k▲ 41.0%
The debt ratio falls from 35.3% to 32.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2023 · €19k
Cash flow
€35k▲
2023 · €14k
Solvency
67.6%▲
2023 · 64.7%
Current ratio
2.87▲
2023 · 2.64
Quick ratio
2.87▲
2023 · 2.64
Debt / equity
0.48▼
2023 · 0.55
ROE
37.7%▲
2023 · 18.9%
ROA
25.5%▲
2023 · 12.3%
Interest coverage
105.68▼
2023 · 123.65
Debt
€39k▲
2023 · €28k
Debt ≤ 1 year
€39k▲
2023 · €28k
Income taxes
€14k▲
2023 · €5k
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€79k€122k▲
Fixed assets21/28€5k€9k▲
Tangible fixed assets22/27€5k€6k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€4k€4k▲
Financial fixed assets28-€3k
Current assets29/58€74k€113k▲
Amounts receivable within one year40/41€72k€110k▲
Trade receivables40€45k€29k▼
Other amounts receivable41€27k€80k▲
Cash at bank and in hand54/58€254€3k▲
Deferred charges and accrued income490/1€1k€803▼
Equity and liabilities
Total equity and liabilities10/49€79k€122k▲
Equity10/15€51k€82k▲
Contributions10/11€3k€3k=
Reserves13-€30k
Distributable reserves133-€30k
Profit (loss) carried forward14€48k€49k▲
Amounts payable17/49€28k€39k▲
Amounts payable within one year42/48€28k€39k▲
Trade debts44€10k€21k▲
Suppliers440/4€10k€21k▲
Taxes, remuneration and social security45€18k€19k▲
Taxes450/3€9k€19k▲
Remuneration and social security454/9€9k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€6k€2k▼
Gross operating margin9900€26k€51k▲
Operating profit (loss)9901€15k€45k▲
Financial income75/76B€6€52▲
Recurring financial income75€6€52▲
Financial charges65/66B€157€468▲
Recurring financial charges65€157€468▲
Profit (loss) for the period before taxes9903€15k€45k▲
Income taxes67/77€5k€14k▲
Profit (loss) for the period9904€10k€31k▲
Profit (loss) for the period to be appropriated9905€10k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€79k▲
Profit (loss) brought forward from the previous period14P€39k€48k▲
Transfer to equity691/2-€30k
To other reserves6921-€30k
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
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.63 to 1.44.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial 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, Sint-Pieters-Leeuw · 1 establishment unit since 2021
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.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
8,674 m²
Building footprint
1,446 m²
Volume, LiDAR
1,213 m³
2 parcels, Brussels, Flanders · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
A VLAD CONSTRUCT
since 20212.317.119.073
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 21392B0038/00T008 | Brussels | 362 m² | 1 · 116 m² | 13.5 m · 4 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 15,542 companies in sector 43990 we hold annual accounts for 7,421. 6,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:a.vlad.construct@gmail.com
Phone:0488063610