CONSTRUCTIE VUEGEN
ActiveCONSTRUCTIE VUEGEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.52M and a net result of €16k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-15
Solvency82▼-16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 4.21 in 2024; short-term debt: 40% and cash: 17.8% of total assets), and 42.7% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
0.4%
Age of the figures
9 mo
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
23 d early
2023
29 d early
2022
4 d early
2021
32 d early
2020
24 d late
2019
3 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.52M▼ 13.2%
2024 · €2.91M
2018: €2.04M
2019: €2.04M
2020: €2.03M
2021: €2.24M
2022: €2.31M
2023: €2.41M
2024: €2.91M
2018 → 2025
Total assets
€4.40M▲ 10.1%
2024 · €3.99M
2018: €4.24M
2019: €4.26M
2020: €2.97M
2021: €3.67M
2022: €4.64M
2023: €4.42M
2024: €3.99M
2018 → 2025
Net result
€16k▼ 96.9%
2024 · €499k
2018: €429k
2019: €1k
2020: €-4k
2021: €208k
2022: €623k
2023: €643k
2024: €499k
2018 → 2025
Working capital
€2.10M▼ 22.1%
2024 · €2.70M
2018: €1.88M
2019: €1.89M
2020: €1.94M
2021: €2.31M
2022: €2.35M
2023: €2.23M
2024: €2.70M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.24M-€2.31M▲ 3.2%€2.41M▲ 4.0%€2.91M▲ 20.7%€2.52M▼ 13.2%
Operating result€295k-€655k▲ 122%€693k▲ 5.8%€720k▲ 3.9%€53k▼ 92.6%
Net result€208k-€623k▲ 200%€643k▲ 3.3%€499k▼ 22.5%€16k▼ 96.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.40M
Fixed assets
€537k▲ 17.4%
Current assets
€3.86M▲ 9.1%
Equity and liabilities €4.40M
Equity
€2.52M▼ 13.2%
Debt
€1.88M▲ 72.3%
The debt ratio rises from 27.2% to 42.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€221k▼
2024 · €852k
Cash flow
€184k▼
2024 · €630k
Solvency
57.3%▼
2024 · 72.8%
Current ratio
2.20▼
2024 · 4.21
Quick ratio
2.05▼
2024 · 3.91
Debt / equity
0.74▲
2024 · 0.37
ROE
0.6%▼
2024 · 17.2%
ROA
0.4%▼
2024 · 12.5%
Interest coverage
8.17▼
2024 · 23.11
Debt
€1.88M▲
2024 · €1.09M
Debt ≤ 1 year
€1.76M▲
2024 · €839k
Debt > 1 year
€117k▲
2024 · €94k
Income taxes
€20k▼
2024 · €192k
Staff costs
€1.82M▲
2024 · €1.52M
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€3.99M€4.40M▲
Fixed assets21/28€458k€537k▲
Tangible fixed assets22/27€455k€535k▲
Land and buildings22€12k€11k▼
Plant, machinery and equipment23€112k€122k▲
Furniture and vehicles24€281k€363k▲
Other tangible fixed assets26€50k€40k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3.54M€3.86M▲
Stocks and contracts in progress3€255k€249k▼
Stocks30/36€131k€120k▼
Contracts in progress37€124k€130k▲
Amounts receivable within one year40/41€2.92M€2.81M▼
Trade receivables40€1.98M€1.55M▼
Other amounts receivable41€939k€1.26M▲
Cash at bank and in hand54/58€343k€782k▲
Deferred charges and accrued income490/1€15k€18k▲
Equity and liabilities
Total equity and liabilities10/49€3.99M€4.40M▲
Equity10/15€2.91M€2.52M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€62k€62k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€56k€56k=
Profit (loss) carried forward14€2.78M€2.40M▼
Amounts payable17/49€1.09M€1.88M▲
Amounts payable after more than one year17€94k€117k▲
Financial debts170/4€94k€117k▲
Amounts payable within one year42/48€839k€1.76M▲
Current portion of amounts payable after more than one year42€113k€607k▲
Financial debts43-€300k
Credit institutions430/8-€300k
Trade debts44€436k€403k▼
Suppliers440/4€436k€403k▼
Taxes, remuneration and social security45€282k€339k▲
Taxes450/3€133k€153k▲
Remuneration and social security454/9€149k€186k▲
Other amounts payable47/48€9k€109k▲
Accrued charges and deferred income492/3€154k-
Income statement
Code20242025
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€1.52M€1.82M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€168k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€646k
Other operating charges640/8€12k€6k▼
Gross operating margin9900€2.39M€2.69M▲
Operating profit (loss)9901€720k€53k▼
Financial income75/76B€8k€10k▲
Recurring financial income75€8k€10k▲
Financial charges65/66B€37k€27k▼
Recurring financial charges65€37k€27k▼
Profit (loss) for the period before taxes9903€691k€36k▼
Income taxes67/77€192k€20k▼
Profit (loss) for the period9904€499k€16k▼
Profit (loss) for the period to be appropriated9905€499k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.78M€2.80M▲
Profit (loss) brought forward from the previous period14P€2.28M€2.78M▲
Profit to be distributed694/7-€400k
Return on contributions (dividend)694-€400k
Social balance
Average headcount (FTE)908728.830.9▲
The notes to these accounts (15 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
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €643k ▲3.3%
Net result €643k, the highest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €208k
Net result €208k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-4k ▼442%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
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
6 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, Tessenderlo-Ham · 1 establishment unit since 1989
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.
Zillekesstraat 123980 Tessenderlo-HamGround area
7,121 m²
Building footprint
3,951 m²
Volume, LiDAR
61,812 m³
Parcel 71363C0121/00P000, Flanders · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Zillekesstraat 12, 3980 Tessenderlo-Ham
since 19892.044.472.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C0121/00P000 | Flanders | 7,121 m² | 1 · 3,951 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
2 categoriesCONSTRUCTIE VUEGEN NV46344
Dual-learning approval
1 live approval · 1 endedHoeknaadlasser duaal (so)
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PIM
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Of 3,989 companies in sector 25110 we hold annual accounts for 2,148. 961 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-07-1989
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
28110
28520
25210Manufacture of fabricated metal products, except machinery and equipment
25300Manufacture of fabricated metal products, except machinery and equipment
42211Civil engineering
42219Civil engineering
43320Joinery installation
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.