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V CONSTRUCT

Active Private limited companyfounded 1999active for 27 yearsWaregemstraat 75, 9870 ZulteKBO/BCE: BE 0466.574.552
V CONSTRUCT
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Overview

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €64,161 (2024)
€41,888▼ 34.7%
lowest -€35,075 (2016)
€25,352▼ 36.9%
peak €181,099 (2025)
€181,099▲ 16.3%
€14,712▲ 45.5%
Board1 name since 2004
1 directorVerkest Thierry
Documentsfilings and deeds
25-03-2026128 days before the deadline
2025micro format
Gross margin from €64,161 to €41,888Result from €40,194 to €25,352Equity from €155,747 to €181,099Debts from €10,114 to €14,712Cash from €78,548 to €110,691

Key points

from the 2025 annual accounts

Equity

€181,099 ▲ 16.3%

V CONSTRUCT has made a profit without a break since 2018.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.

Position in the sector

92.5%

Higher solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,136 companies.

Checked score

96
Excellent
Financially stronger than 80% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 92.5% of total assets
100=short-term debt 7.5% · cash 56.5%
85-14return on assets 12.9%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 13.11, cash €110,691
Equity €181,099 (92.5% of total assets)
Figures for financial year 2025 (filed on 25-03-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 68% on profitability and 64% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as V CONSTRUCT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
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.

That fits the bankruptcy probability of V CONSTRUCT itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 31,368 companies, not a prediction for V CONSTRUCT. 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

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 13.11 (15.54 in 2024), above the usual 1.5. Short-term debt is 7.5% and cash 56.5% of total assets. 7.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 13.11, cash €110,691
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €181,099 (92.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-03-2026)
NBB · annual accounts
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 25-03-2026, 128 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
128 days early
2024
73 days early
2023
111 days early
2022
5 days early
2021
62 days early
2020
1 day early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 59 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 May (4 of the last 5 accounts filed within 55 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VT
Verkest Thierry
Director, since 26-06-2023
Board & ownership

Recent changes

Registered office moved from Waregem to Zulte New registered office: Waregemstraat 75 te 9870 Zulte · Previous registered office: Hoogmolenstraat 5 te 8790 Waregem · Board meeting of 31-07-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0466574552
Change of role: Verkest Thierry, from manager to director Director discharge: Verkest Thierry (manager) · General meeting of 26-06-2023 · Gazette deed
First establishment Waregemstraat 75, Zulte
All 40 events

Comparable companies

same main activity, similar in size and age
Company
V CONSTRUCT Zulte €195,882 €41,888 92.5% -
RYCKAERT DANY Stekene €196,912 €39,171 71.9% -
HOUTBOUW VAN GLABEKE Oosterzele €192,175 €39,630 -18.4% -
MENUISERIE MARCEL GODON Bouillon €188,653 €41,810 66.5% -
DANY JAMAR Waimes €202,046 €40,496 96.5% -
TOYE SCHRIJNWERKEN Zwevegem €180,435 €45,264 16.1% -
M.D.F. DECOR ET CHASSIS Spa €177,908 €38,836 50.2% -

These companies have the same main activity as V CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €178,000 and €202,000, founded between 1998 and 2003.

Official details

Source: KBO
Status
Active since 27-07-1999Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.092.990.7749870 Zulte, since 03-12-1999
Financial year end
31 December
Peppol
Reachable since 18-06-2025
Company details

Annual accounts 2025

€41,888▼ 34.7%
≈ €250,000estimated
€25,352▼ 36.9%
€181,099▲ 16.3%
€195,882▲ 17.8%
Filing
Filed on 25-03-2026, 128 days before the end of the filing period
Financials

Insights on V CONSTRUCT

V CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €20,490 in 2006 to €41,888 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 25-03-2026, 128 days before the deadline
€41,888
▼ 34.7%
€34,278
▼ 39.4%
€25,352
▼ 36.9%
€178,188
▲ 21.1%
92.5%
▼ 1.2 percentage points
13.11
▼ 2.43

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €250,000. Estimated: probably between €180,000 and €430,000.

Balance sheet

balance sheet total €195,882 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

92.5%

Higher than 95% of 35,136 companies in 2025.

13.11

Higher than 95% of 34,510 companies in 2025.

12.9%

Higher than 65% of 34,711 companies in 2025.

V CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 195,882166,324158,926140,788141,385109,21299,89970,04560,52071,734114,764112,87380,68191,95984,53335,8479,39019,67513,09326,990
21/28 2,9829,11012,30124,19837,10728,04432,0002,1135,23915,23030,77634,57734,14517,83311,58013,4932,6183,0942,63212,031
22/27 2,9829,08412,27624,17337,08228,01931,9752,0885,21415,20530,75134,55234,12017,80811,55513,4682,5933,0692,60712,006
23 062151240329418--9382,1703,8695258751,0562,112201402-4821,564
24 2,9829,02212,12523,93336,75427,30231,3752,0884,27613,03626,88234,02733,24616,4928,92312,4861,1501,7675638,299
26 ----0300600------2605217811,0411,3011,5622,144
28 025252525252525252525252525252525252525
29/58 192,900157,214146,625116,590104,27781,16867,89967,93255,28156,50383,98878,29746,53674,12572,95322,3546,77216,58210,46114,958
3 ---------2,197----------
30/36 ---------2,197----------
40/41 79,87577,23280,72736,65625,75514,3179,56511,23324,5092,69820,52916,58615,91114,65716,33421,0546,0314,0274,00710,539
40 6,59814,0206,28323,19013,80814,3178,8197,86622,76148918,39415,93015,86212,90214,99417,8515,3083,4053,6939,811
41 73,27763,21274,44413,46611,94707453,3681,7482,2102,135655481,7551,3403,202722622315728
54/58 110,69178,54865,03579,32777,64765,30757,33055,39228,87050,42762,42360,74129,16757,82056,23583935611,0193,812681
490/1 2,3341,4338636078761,5441,0041,3071,9031,1821,0369711,4581,6493844623851,5352,6423,739
Balance sheet: equity and liabilities
10/49 195,882166,324158,926140,788141,385109,21299,89970,04560,52071,734114,764112,87380,68191,95984,53335,8479,39019,67513,09326,990
10/15 181,099155,747135,553108,723120,32092,31683,58951,39323,89350,12085,19577,50964,07457,53137,15416,194-8,498-6,819-22,037-22,275
10/11 -020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
100 ------20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
13 181,098155,746115,55288,669100,29572,30463,58736,56536,56536,56563,65056,00043,00037,00017,00014,00014,00014,00014,00014,000
130/1 --02,0002,0002,000--------------
130 ------2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,000
1311 --02,0002,0002,000--------------
132 2131,3912,5686,37910,1907,89910,532-------------
133 180,885154,355112,98480,29088,10562,40551,05534,56534,56534,56561,65054,00041,00035,00015,00012,00012,00012,00012,00012,000
14 1105425121-5,172-32,672-6,4451,5451,5091,074531154-17,806-42,498-40,819-56,037-56,275
16 714648561,9072,9581,9752,633-------------
168 714648561,9072,9581,9752,633-------------
17/49 14,71210,11422,51730,15918,10714,92113,67718,65236,62721,61429,56835,36416,60734,42747,37919,65317,88826,49435,13149,265
17 ------------------4,15111,267
170/4 ------------------4,15111,267
42/48 14,71210,11422,51730,15918,10714,92113,67718,65236,62721,61428,42234,67516,12734,42747,37918,10017,88826,49430,98037,998
42 -----------------4,1517,1167,116
43 ----------333333333333----
430/8 ----------333333333333----
44 5,5571,1062005745081536852,99915,0184231,2861,2715893,40210,9202,477998463373,678
440/4 5,5571,1062005745081536852,99915,0184231,2861,2715893,40210,9202,477998463373,678
46 --------------21,885-----
45 9,1559,00720,31729,58417,5998,2902,396-500-7,30711,7303,91030,9922,902274---119
450/3 9,1559,00720,31729,58417,5998,2902,396-500-7,30711,7303,6007,6912,902274---119
454/9 ------------31023,300------
47/48 -02,000-06,47810,59515,65321,10921,19019,79421,64011,596-11,63915,31616,89022,29723,52627,085
492/3 ----------1,147689479--1,553----
Income statement
76A ---07,851016,457---215-4,545--1,500----
9900 41,88864,16157,45152,59355,88922,23449,81234,302-12,828-14,98137,92639,73925,26945,02937,65335,2631,30820,18612,89020,490
630 6,1026,43513,60313,90013,62010,1159,4205,8259,99116,67920,21116,22314,6669,5417,5849,2831,5191,9329,91411,616
631/4 0-1,936------------5,1025,102--1,118--
640/8 1,4823,1121,2721,1371,1261,0932,4408932,6251,3061,8253,7121,5111,5329228058016121,375867
66A 2501,096--0489------------963
9901 34,27856,55041,48037,55641,14311,02637,46327,584-25,444-32,96615,89019,8049,09239,05824,04425,175-1,01216,5241,6018,008
75/76B 3,9333,9233,210040200--6114113258425254221613550
75 3,9333,9233,210040200--6114113258425254221613550
65/66B 10215211811089717655541,4421,5859797759981,3372,0056821,3161,4182,475
65 10215211811089717655541,4421,5859797759981,3372,0056821,3161,4182,475
9903 38,11060,32044,57337,44641,45710,95437,38827,529-25,498-34,34614,66218,83813,12038,48522,96124,692-1,67815,2212384,570
780 3933931,0511,051980---------------
680 ---01,963---------------
67/77 13,15020,51916,74015,52912,4702,8852,559287307296,9765,4033,9777,1082,001022--67
9904 25,35240,19428,88422,96828,0048,72832,19527,500-26,227-35,0757,68613,4359,14331,37720,96024,692-1,67915,2192384,638
789 1,1781,1783,8113,8113,5982,6332,633-------------
689 ---05,888013,166-------------
9905 26,53041,37232,69426,77825,71311,36121,66327,500-26,227-35,0757,68613,4359,14331,37720,96024,692-1,67915,2192384,638
Appropriation of the result
9906 26,53141,37232,74826,80425,72511,36216,491-5,172-32,672-33,5309,19514,5099,67431,5313,154-17,806-42,498-40,819-56,037-56,275
14P 10542512---------------
791/2 -02,00034,565-----27,085----------
691/2 26,53041,37132,69426,75025,70011,35016,490---7,65013,0006,00020,0003,000-----
6921 26,53041,37132,69426,75025,70011,35016,490---7,65013,0006,00020,0003,000-----
694/7 -02,05434,565--------2,60011,000------
694 -02,05434,565--------2,600-------
695 -------------11,000------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 25-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 25-03-2026 2026-00061810 PDF
31-12-2024 micro format 19-05-2025 2025-00097104 PDF
31-12-2023 micro format 11-04-2024 2024-00061758 PDF
31-12-2022 micro format 26-07-2023 2023-00273011 PDF
31-12-2021 micro format 30-05-2022 2022-20037054 PDF
31-12-2020 micro format 30-07-2021 2021-43700363 PDF
31-12-2019 micro format 25-06-2020 2020-21100390 PDF
31-12-2018 micro format 29-08-2019 2019-54600138 PDF
31-12-2017 micro format 30-08-2018 2018-54600178 PDF
31-12-2016 micro format 14-08-2017 2017-43600092 PDF
31-12-2015 abbreviated format 15-08-2016 2016-42900173 PDF
31-12-2014 abbreviated format 13-08-2015 2015-42000510 PDF
31-12-2013 abbreviated format 30-07-2014 2014-37200062 PDF
31-12-2012 abbreviated format 10-07-2013 2013-28900339 PDF
31-12-2011 abbreviated format 27-06-2012 2012-22200089 PDF
31-12-2010 abbreviated format 23-06-2011 2011-18500209 PDF
31-12-2009 abbreviated format 25-06-2010 2010-21200316 PDF
31-12-2008 abbreviated format 11-08-2009 2009-55600081 PDF
31-12-2007 abbreviated format 27-06-2008 2008-29200165 PDF
31-12-2006 abbreviated format 20-07-2007 2007-42800328 PDF
31-12-2005 abbreviated format 17-11-2006 2006-87600029 PDF
31-12-2004 abbreviated format 13-07-2006 2006-46400607 PDF
31-12-2003 abbreviated format 17-06-2004 2004-26603867 PDF
31-12-2002 abbreviated format 16-09-2003 2003-67102030 PDF
31-12-2001 abbreviated format 26-11-2002 2002-73600052 PDF
31-12-2000 abbreviated format 27-12-2001 2001-78503575 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
40,38162,98555,08351,45654,76321,14146,88433,409-15,453-16,28636,10136,02723,75848,60031,62834,45850718,45611,51619,623
31,45546,62942,48636,86741,62418,84341,61633,325-16,236-18,39627,89729,65823,80940,91828,54433,975-16017,15010,15316,253
03,2441,70599122,6836,16039,3072,69901,13423,91016,65430,97815,7945,67120,1571,0442,394515660
32,14313,513-14,2921,68012,3407,9771,93826,522-21,557-11,9961,68231,574-28,6531,58455,397483-10,6637,2073,132-
178,188147,101124,10886,43186,17166,24754,22249,28018,65434,89055,56643,62230,40839,69825,5744,254-11,116-9,912-20,518-23,040
92.5%93.6%85.3%77.2%85.1%84.5%83.7%73.4%39.5%69.9%74.2%68.7%79.4%62.6%44.0%45.2%-90.5%-34.7%-168.3%-82.5%
13.1115.546.513.875.765.444.963.641.512.612.962.262.892.151.541.240.380.630.340.39
13.1115.546.513.875.765.444.963.641.512.512.962.262.892.151.541.240.380.630.340.39
0.080.060.170.280.150.160.160.361.530.430.350.460.260.601.281.21----
14.0%25.8%21.3%21.1%23.3%9.5%38.5%53.5%-109.8%-70.0%9.0%17.3%14.3%54.5%56.4%152.5%----
12.9%24.2%18.2%16.3%19.8%8.0%32.2%39.3%-43.3%-48.9%6.7%11.9%11.3%34.1%24.8%68.9%-17.9%77.3%1.8%17.2%
over 100over 100over 100over 100over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€3,244€1,705€991€22,683
Financial fixed assets€0----
€6,102€6,435€13,603€13,900€13,620

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on V CONSTRUCT

The operating result for 2025 is 39% lower than in 2024 and the lowest since 2020.

Debt's share of the balance-sheet total rises from 6.1% to 7.5%. Equity and debt are higher.

Board & ownership

Board

1 director, no change since 2023
Verkest Thierry
Director (not named in the articles)
since 26-06-2023 term without a fixed end
earlier manager, until 12-07-2023
listed in the 2025 annual accounts, filed on 25-03-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Verkest Thierry
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Verkest Thierry
    • Director (not named in the articles), from 07-06-2004 to date
    • Manager, until 12-07-2023

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€20,000
Source
2023 annual accounts

Articles of association

deed of 12-07-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 18:00

Network & group

No group

V CONSTRUCT has no parent and no holdings in its annual accounts. Verkest Thierry is the only director. V CONSTRUCT shares no director with another company.

Timeline

Timeline

40 events since 1999

Deadline for the 2026 accounts: 31-07-2027

2026
Registered office moved from Waregem to ZulteNew registered office: Waregemstraat 75 te 9870 Zulte · Previous registered office: Hoogmolenstraat 5 te 8790 Waregem · Board meeting of 31-07-20263 points ▸
  • Board meeting, 31-07-2026
  • Registered-office move, Waregemstraat 75 te 9870 Zulte
  • Power of attorney, Luminad

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFmicro format · 128 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0466574552
Annual accounts 2024 filed PDFmicro format · 73 days before the deadline
2024
Highest result from 2006 to 2025 net €40,194 ▲39.2% The operating result of €56,550 and the net result of €40,194 are both a record.
Liquidity more than doubled current ratio 15.54 The current ratio rises from 6.51 to 15.54. Short-term debt falls from €22,517 to €10,114.
Equity above €150,000 equity €155,747 ▲14.9% After 7 profitable years in a row, equity reaches €155,747.
Annual accounts 2023 filed PDFmicro format · 111 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 5 days before the deadline
Change of role: Verkest Thierry, from manager to directorDirector discharge: Verkest Thierry (manager) · General meeting of 26-06-20237 points ▸
  • General meeting, 26-06-2023
  • Registered office clause, Hoogmolenstraat 5, 8790 Waregem
  • Registered office clause, Flemish Region
  • Director resignation, Verkest Thierry (manager)
  • Director appointment, Verkest Thierry (director (not named in the articles))
  • Director discharge, Verkest Thierry (manager)
  • Power of attorney, JOYCE DE KETELE
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFmicro format · 62 days before the deadline
2021
Equity above €100,000 equity €120,320 ▲30.3% After 4 profitable years in a row, equity reaches €120,320.
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 36 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Back to profit net €27,500 The net result is €27,500, after 2 loss-making years.
Liquidity more than doubled current ratio 3.64 The current ratio rises from 1.51 to 3.64. Short-term debt falls from €36,627 to €18,652.
Annual accounts 2017 filed PDFmicro format · 30 days late
2017
Annual accounts 2016 filed PDFmicro format · 14 days late
2016
Weakest financial year net -€35,075 The net result drops to -€35,075, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 15 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 13 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 1 day before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 21 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 34 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 38 days before the deadline
2010
Back to profit net €24,692 The net result is €24,692, after one loss-making year.
Liquidity more than triples current ratio 1.24 The current ratio rises from 0.38 to 1.24.
Annual accounts 2009 filed PDFabbreviated format · 36 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 11 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 34 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 11 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
1999
First establishment Waregemstraat 75, Zulte
Incorporation published on 06-08-1999

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 July 1999, V CONSTRUCT was incorporated.1 In 2026 the registered office moved to Zulte.2 Verkest Thierry has served as director since 2023.3 Total assets went from €70,045 in 2018 to €195,882 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 31-08-2026
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0466.574.552
VAT number
BE 0466.574.552
Peppol ID
0208:0466574552
Other Peppol ID
9925:BE0466574552
Legal form
Private limited company
Status
Active, normal situation
Founded
27-07-1999
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 18:00
deed of 12-07-2023 (in Dutch)
Peppol
Reachable since 18-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
V CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-07-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-07-2023 (in Dutch)

Activities

NACEBEL 2025
43320 Joinery installation main activity
Codes under NACEBEL 2008
43320 Joinery installation main activity
Codes under NACEBEL 2003
45422 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Waregemstraat 75 registered office 9870 Zulte 2511001 Manufacture of metal structures and parts of structures 03-12-1999 2.092.990.774
1 former office
  • Hoogmolenstraat 5, 8790 Waregem until 31-07-2026 · deed of 31-08-2026

Buildings and parcels at the address

Ground area
821 m²
Buildings
207 m²
Volume, LiDAR
1,079 m³
Tallest building
8.4 m
Buildings to scale, each on its own parcel
207 m², 8.4 m 207 m², 8.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44081B0616/00E000821 m² 1 · 207 m² 8.4 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0466.574.552

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