CONSTRUCTIONS V.H.
ActiveSummary
For CONSTRUCTIONS V.H., at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €53,148 and a net result of -€176. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 56% of 17231 sector peers (fiscal year 2022). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability69▼-1
Solvency63▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
38.1%
Return on assets
-0.1%
Age of the figures
48 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 20-12-2023, 234 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
234 d late
2021
262 d late
2020
25 d late
2018
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 139 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€53,148▼ 0.3%
2021 · €53,324
Total assets
€139,326▲ 3.4%
2021 · €134,691
Net result
-€176
2021 · €1,587
Working capital
€3,353▼ 38.3%
2021 · €5,431
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018202020212022
Operating result€1,217-€1,341-€3,003▲ 124%€1,046▼ 65.2%
Net result€83-€535within the sector's middle half-€1,587within the sector's middle half▲ 197%-€176within the sector's middle half
Equity€50,036-€51,737within the sector's middle half-€53,324within the sector's middle half▲ 3.1%€53,148within the sector's middle half▼ 0.3%
Total assets€151,360-€132,137below the sector's middle half-€134,691below the sector's middle half▲ 1.9%€139,326below the sector's middle half▲ 3.4%
Debt€101,324-€80,400-€81,367▲ 1.2%€86,178▲ 5.9%
Working capital€25,200-€6,731within the sector's middle half-€5,431within the sector's middle half▼ 19.3%€3,353within the sector's middle half▼ 38.3%
Solvency33.1%-39.2%within the sector's middle half-39.6%within the sector's middle half▲ 0.4pp38.1%within the sector's middle half▼ 1.4pp
Current ratio2.73-1.38within the sector's middle half-1.21within the sector's middle half▼ 0.171.09within the sector's middle half▼ 0.12
Return on assets (ROA)0.1%-0.4%within the sector's middle half-1.2%within the sector's middle half▲ 0.8pp-0.1%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 65% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €139,326
Fixed assets
€100,525 ▼ 3.2%
Current assets
€38,801 ▲ 25.9%
Equity and liabilities €139,326
Equity
€53,148 ▼ 0.3%
Debt
€86,178 ▲ 5.9%
Debt's share of the balance-sheet total rises from 60.4% to 61.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,382▼
2021 · €6,901
Cash flow
€3,160▼
2021 · €5,485
Debt to equity
1.62▲
2021 · 1.53
ROE
-0.3%▼
2021 · 3.0%
Interest coverage
6.32▼
2021 · 15.86
Debt ≤ 1 year
€35,448▲
2021 · €25,399
Debt > 1 year
€50,730▼
2021 · €55,968
Income taxes
€534▼
2021 · €882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,020 | €4,294 | €3,898 | €3,336 | ▼ 14.4% |
| Other operating charges640/8 | - | - | €1,048 | €1,071 | ▲ 2.2% |
| Gross operating margin9900 | €5,242 | €6,676 | €7,949 | €5,453 | ▼ 31.4% |
| Operating profit (loss)9901 | €1,217 | €1,341 | €3,003 | €1,046 | ▼ 65.2% |
| Financial income75/76B | - | - | €7 | €5 | ▼ 28.6% |
| Recurring financial income75 | €64 | €34 | €7 | €5 | ▼ 28.6% |
| Financial charges65/66B | - | - | €541 | €693 | ▲ 28.1% |
| Recurring financial charges65 | €633 | €389 | €435 | €693 | ▲ 59.3% |
| Non-recurring financial charges66B | - | - | €106 | - | - |
| Profit (loss) for the period before taxes9903 | €648 | €986 | €2,469 | €358 | ▼ 85.5% |
| Income taxes67/77 | €565 | €451 | €882 | €534 | ▼ 39.5% |
| Profit (loss) for the period9904 | €83 | €535 | €1,587 | -€176 | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | €83 | €535 | €1,587 | -€176 | ▼ 111% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €151,360 | €132,137 | €134,691 | €139,326 | ▲ 3.4% |
| Fixed assets21/28 | €111,634 | €107,759 | €103,861 | €100,525 | ▼ 3.2% |
| Tangible fixed assets22/27 | €69,593 | €65,718 | €61,820 | €58,484 | ▼ 5.4% |
| Land and buildings22 | - | - | €59,856 | €57,512 | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | €1,296 | €972 | ▼ 25.0% |
| Furniture and vehicles24 | - | - | €668 | - | - |
| Financial fixed assets28 | €42,041 | €42,041 | €42,041 | €42,041 | = |
| Current assets29/58 | €39,726 | €24,378 | €30,830 | €38,801 | ▲ 25.9% |
| Amounts receivable within one year40/41 | €34,604 | €19,110 | €26,012 | €30,850 | ▲ 18.6% |
| Trade receivables40 | - | - | €25,991 | €30,850 | ▲ 18.7% |
| Other amounts receivable41 | - | - | €21 | - | - |
| Cash at bank and in hand54/58 | €2,746 | €3,328 | €2,950 | €5,307 | ▲ 79.9% |
| Deferred charges and accrued income490/1 | - | - | €1,868 | €2,644 | ▲ 41.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €151,360 | €132,137 | €134,691 | €139,326 | ▲ 3.4% |
| Equity10/15 | €50,036 | €51,737 | €53,324 | €53,148 | ▼ 0.3% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Capital10 | - | - | €24,789 | €24,789 | = |
| Issued capital100 | - | - | €24,789 | €24,789 | = |
| Reserves13 | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Non-distributable reserves130/1 | - | - | €2,479 | €2,479 | = |
| Legal reserve130 | - | - | €2,479 | €2,479 | = |
| Profit (loss) carried forward14 | €22,768 | €24,469 | €26,056 | €25,880 | ▼ 0.7% |
| Amounts payable17/49 | €101,324 | €80,400 | €81,367 | €86,178 | ▲ 5.9% |
| Amounts payable after more than one year17 | €86,798 | €62,753 | €55,968 | €50,730 | ▼ 9.4% |
| Other amounts payable178/9 | - | - | €55,968 | €50,730 | ▼ 9.4% |
| Amounts payable within one year42/48 | €14,526 | €17,647 | €25,399 | €35,448 | ▲ 39.6% |
| Trade debts44 | €13,422 | €17,206 | €23,674 | €29,626 | ▲ 25.1% |
| Suppliers440/4 | - | - | €23,674 | €29,626 | ▲ 25.1% |
| Taxes, remuneration and social security45 | - | - | €1,030 | €127 | ▼ 87.7% |
| Taxes450/3 | - | - | €1,030 | €127 | ▼ 87.7% |
| Other amounts payable47/48 | - | - | €695 | €5,695 | ▲ 719% |
| Line | 2018 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83 | €535 | €1,587 | -€176 | ▼ 111% |
| + Depreciation and write-downs630 | €3,020 | €4,294 | €3,898 | €3,336 | ▼ 14.4% |
| Operating cash flow (approximation) | €3,103 | €4,829 | €5,485 | €3,160 | ▼ 42.4% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | - | -€378 | €2,357 | ▲ 724% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 234 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 262 days late
2022
30-09
Financial
Weakest financial yearnet -€176
Net result drops to -€176, the lowest in the series.
2021
30-09
Financial
Highest result since 2018net €1,587 ▲197%
Operating result €3,003, net result €1,587, both a record.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2014
13-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 44 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 302 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 667 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 1033 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 1976
Ground area
524 m²
Building footprint
423 m²
Volume, LiDAR
5,686 m³
2 parcels, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
CONSTR V H
since 19762.012.842.545
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0132/00N002 | Brussels | 331 m² | 1 · 330 m² | 19.3 m · 5 fl. |
| 21911C0136/00N003 | Brussels | 193 m² | 1 · 93 m² | 17.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-09-2022 list no shareholders, and no other source names one.
Holdings 1
-
40%
According to the annual accounts to 30-09-2022 of CONSTRUCTIONS V.H. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 5,061 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-1976
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416490284
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.