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ALGEMENE ONDERNEMING VAES

Active Public limited companyfounded 2000active for 26 yearsIndustrieweg-Zuid 1308, 3520 ZonhovenKBO/BCE: BE 0472.395.047

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €533,325 (2025)
€533,325▲ 18.6%
peak €117,249 (2021)
€90,160▲ 17.4%
peak €729,518 (2024)
€642,507▼ 11.9%
€274,254▼ 3.2%
peak 5.4 FTE (2008)
4.9 FTE▲ 4.3%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-04-202692 days before the deadline
2025abbreviated format
Gross margin from €449,795 to €533,325Dividend €177,171

Key points

from the 2025 annual accounts

Equity

€642,507 ▼ 11.9%
729,5182024+90,160Profit-177,171Dividend642,5072025

ALGEMENE ONDERNEMING VAES paid out €177,171 in dividends. That is 197% of the 2025 profit.

Turnover

≈ €1.5m estimated

The abbreviated format states no turnover.

Investments

€37,169 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 13.6% higher than in 2024.

Staff

6 employees on 31-12-2025
102022022023302024012025

In 2025, nobody joined and 1 person left.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

The 2022 accounts came 42 days late. The other nine of the last ten were filed on time.

Position in the sector

70.1%

Higher solvency than 80% of companies in specialised construction. Sector median 43.1% · 9,282 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as ALGEMENE ONDERNEMING VAES has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for ALGEMENE ONDERNEMING VAES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 16-01-2024
  • 619 sharesdeed of 27-02-2019
  • 1 sharedeed of 27-02-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0472395047
Company renamed from ALGEMENE ONDERNEMING to ALGEMENE ONDERNEMING VAES Resignations: (director) and (director) · Reappointments: (director) and (director) · “integraal vervangen voorwerp zoals in U4-U13” (deed in Dutch) · General meeting of 16-01-2024 · Gazette deed
Demerger: ALGEMENE ONDERNEMING splits off to VAES IMMO Capital from €21,409.82 to €62,000 · Capital after the increase: €62,000 · Capital from €62,000 to €40,590.18 · General meeting of 02-04-2019 · Gazette deed
Demerger proposal: ALGEMENE ONDERNEMING splits off to VAES IMMO Appointments: (statutory auditor) and (statutory auditor) · holds 619 shares · holds 1 share · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
ALGEMENE ONDERNEMING VAES Zonhoven €0.9m €533,325 70.1% 4.9
GRONDWERKEN REMANS Zutendaal €1.1m €508,071 44.9% 4.4
Grondwerken Dekeyser Moerbeke (Waas) €0.9m €450,201 36.2% 4.4
QASEM CONSTRUCTION Virton €1.1m €427,786 84.6% 4.3
Ooms Hasselt €0.9m €568,646 73.5% 6.8
AERTS Herk-de-Stad €0.9m €410,348 39.2% 4.7
HOUBEN R. Heers €1.2m €589,183 37.9% 7

These companies have the same main activity as ALGEMENE ONDERNEMING VAES: site preparation (NACE 43120). They are comparable in size and age: total assets between €864,000 and €1.2m, founded between 1993 and 2003.

Official details

Source: KBO
Status
Active since 01-08-2000Normal situation
Activity
Site preparationNACE 43120
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2024
Establishment unit
2.115.849.9143520 Zonhoven, since 02-08-2000
Financial year end
31 December
Peppol
Reachable since 20-08-2025
Company details

Annual accounts 2025

€916,761▼ 9.5%
Employeeson 31-12-2025
6▼ 14.3%
Filing
Filed on 30-04-2026, 92 days before the end of the filing period
Financials

Insights on ALGEMENE ONDERNEMING VAES

ALGEMENE ONDERNEMING VAES files the abbreviated format. That format states no turnover. The gross margin rose from €387,461 in 2006 to €533,325 in 2025.

The balance sheet grew most from 2007 to 2009 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ALGEMENE ONDERNEMING VAES

What is the company number of ALGEMENE ONDERNEMING VAES?
The company number of ALGEMENE ONDERNEMING VAES is 0472.395.047. The VAT number is the same number with BE in front: BE 0472.395.047.
Where is ALGEMENE ONDERNEMING VAES based?
The registered office is at Industrieweg-Zuid 1308, 3520 Zonhoven.Company details
What does ALGEMENE ONDERNEMING VAES do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of ALGEMENE ONDERNEMING VAES?
ALGEMENE ONDERNEMING VAES is a public limited company (NV).
When was ALGEMENE ONDERNEMING VAES founded?
ALGEMENE ONDERNEMING VAES was founded on 01-08-2000.
Is ALGEMENE ONDERNEMING VAES still active?
Yes, ALGEMENE ONDERNEMING VAES is an active enterprise in the KBO register.
How many employees does ALGEMENE ONDERNEMING VAES have?
ALGEMENE ONDERNEMING VAES had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALGEMENE ONDERNEMING VAES fall under?
In its 2024 annual accounts, ALGEMENE ONDERNEMING VAES states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of ALGEMENE ONDERNEMING VAES?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €533,325 and 128 comparable companies (NACE 43). It probably lies between €1.1m and €2.0m.
Is ALGEMENE ONDERNEMING VAES profitable?
In financial year 2025, ALGEMENE ONDERNEMING VAES made a profit of €90,160.
Where can I find the annual accounts of ALGEMENE ONDERNEMING VAES?
ALGEMENE ONDERNEMING VAES filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALGEMENE ONDERNEMING VAES due?
ALGEMENE ONDERNEMING VAES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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