V-CONSTRUCT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 12 September 2024
- Supervising judge
- Dieter Tuybens
- Official Gazette
- 18-09-2024 (pdf) ↗search the document for 2024/134822
Deadlines
- Provisional date payments stopped
- 12 September 2024A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 3 October 2024Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 12 October 2024art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 24 October 2024Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 12 September 2025A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Vincent GeeraertPrins Bisschopssingel 31, 3500 Hasseltv.geeraert@advocaat-geeraert.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Embed the V-CONSTRUCT company card in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Overview
Activity
Roofing work
NACE 43410
1 site
Size
€1.4mtotal assets 2022
- Equity
- €275,872
- Loss
- -€131,676
Turnover not published (abbreviated or micro format)
Financial health
Open bankruptcy: no score
Structure
0 of 8 deeds read
Signalsraises riskOpen bankruptcyneutralFiled after the deadlineShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-10-2023, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2023
not filed
2022
70 days late
2021
41 days early
2020
61 days early
2019
63 days early
2018
64 days early
2017
60 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days before the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (1)
- Supervising judge replacedEnterprise Court of Antwerp, Hasselt…
- OpeningEnterprise Court of Antwerp, Hasselt…
- Annual accounts filedfinancial year 2022 · abbreviated…
Financials · financial year 2022, abbreviated format
2022 annual accounts filed late (70 days) Filed on 9 October 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00483717.
Equity
€275,872▼ 32.3%
2021 · €407,547
Total assets
€1.4m▲ 105%
2021 · €665,903
Net result
-€131,676
2021 · €227,953
Working capital
€406,225▼ 8.0%
2021 · €441,618
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result turns negative in 2022: a loss of €116,594 after €312,892 in 2021, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.1m
2022
Net result-€0.1m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2022
Equity€0.3m
2022
Debt€1.0m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.4m
2022
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-9.6%
2022
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency20.2%
2022
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.78
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)0.8
2020
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.08m-€0.1m▲ 18.1%€0.02m▼ 84.1%€0.3m▲ 1,938%-€0.1m
Net result€0.06m-€0.06m▼ 9.9%€0.007mwithin the sector's middle half▼ 86.9%€0.2mabove the sector's middle half▲ 2,992%-€0.1mbelow the sector's middle half
Equity€0.1m-€0.2m▲ 47.0%€0.2mabove the sector's middle half▲ 3.8%€0.4mabove the sector's middle half▲ 127%€0.3mwithin the sector's middle half▼ 32.3%
Total assets€0.5m-€0.4m▼ 5.3%€0.5mabove the sector's middle half▲ 2.5%€0.7mabove the sector's middle half▲ 47.4%€1.4mwithin the sector's middle half▲ 105%
Debt€0.3m-€0.3m▼ 23.0%€0.3m▲ 1.7%€0.2m▼ 29.1%€1.0m▲ 432%
Working capital€0.08m-€0.1m▲ 48.6%€0.1mabove the sector's middle half▼ 16.9%€0.4mabove the sector's middle half▲ 358%€0.4mwithin the sector's middle half▼ 8.0%
Solvency25.3%-39.3%▲ 14.0pp39.8%within the sector's middle half▲ 0.5pp61.2%within the sector's middle half▲ 21.4pp20.2%below the sector's middle half▼ 41.0pp
Current ratio1.49-1.94▲ 0.461.75within the sector's middle half▼ 0.194.05above the sector's middle half▲ 2.301.78within the sector's middle half▼ 2.27
Return on assets (ROA)13.4%-12.7%▼ 0.7pp1.6%within the sector's middle half▼ 11.1pp34.2%above the sector's middle half▲ 32.6pp-9.6%below the sector's middle half▼ 43.9pp
Staff (FTE)0.80.8below the sector's middle half=
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.4m
Fixed assets
€441,340 ▲ 455%
Current assets
€924,673 ▲ 57.7%
Equity and liabilities €1.4m
Equity
€275,872 ▼ 32.3%
Provisions
€65,428 ▼ 0.3%
Debt
€1.0m ▲ 432%
Debt's share of the balance-sheet total rises from 28.9% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€97,675▼
2021 · €331,900
Cash flow
-€112,756▼
2021 · €246,962
Quick ratio
0.74▼
2021 · 3.89
Debt to equity
3.71▲
2021 · 0.47
ROE
-47.7%▼
2021 · 55.9%
Interest coverage
-5.14▼
2021 · 24.26
Debt ≤ 1 year
€518,448▲
2021 · €144,791
Debt > 1 year
€502,635▲
2021 · €46,118
Income taxes
€178▼
2021 · €5,678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €273,363 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €22,492 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,199 | €32,121 | €28,204 | €19,009 | €18,919 | ▼ 0.5% |
| Other operating charges640/8 | - | - | - | €2,806 | €13,854 | ▲ 394% |
| Non-recurring operating charges66A | - | - | - | - | €13,779 | - |
| Gross operating margin9900 | €114,724 | €150,015 | €51,180 | €357,199 | -€70,042 | - |
| Operating profit (loss)9901 | €81,770 | €96,575 | €15,351 | €312,892 | -€116,594 | - |
| Financial income75/76B | - | - | - | €20 | €3,937 | ▲ 19,656% |
| Recurring financial income75 | €10 | €0 | €12 | €20 | €3,937 | ▲ 19,656% |
| Financial charges65/66B | - | - | - | €13,680 | €19,013 | ▲ 39.0% |
| Recurring financial charges65 | €16,518 | €14,400 | €7,292 | €13,680 | €19,013 | ▲ 39.0% |
| Profit (loss) for the period before taxes9903 | €65,262 | €82,175 | €8,071 | €299,231 | -€131,670 | - |
| Transfer from deferred taxes780 | - | - | - | €650 | €172 | ▼ 73.5% |
| Transfer to deferred taxes680 | - | - | - | €66,250 | - | - |
| Income taxes67/77 | €3,000 | €26,065 | €700 | €5,678 | €178 | ▼ 96.9% |
| Profit (loss) for the period9904 | €62,262 | €56,110 | €7,371 | €227,953 | -€131,676 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €1,949 | €516 | ▼ 73.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €198,750 | - | - |
| Profit (loss) for the period to be appropriated9905 | €62,262 | €56,110 | €7,371 | €31,152 | -€131,160 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.5m | €0.4m | €0.5m | €0.7m | €1.4m | ▲ 105% |
| Fixed assets21/28 | €0.2m | €0.2m | €0.2m | €0.08m | €0.4m | ▲ 455% |
| Intangible fixed assets21 | - | - | - | €0.001m | €0.003m | ▲ 124% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.08m | €0.4m | ▲ 461% |
| Land and buildings22 | - | - | - | - | €0.4m | - |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.02m | ▲ 73.6% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.03m | ▼ 59.0% |
| Financial fixed assets28 | €80 | €80 | €80 | €80 | €80 | = |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.6m | €0.9m | ▲ 57.7% |
| Stocks and contracts in progress3 | €0.1m | €0.08m | €0.06m | €0.02m | €0.5m | ▲ 2,229% |
| Stocks30/36 | - | - | - | €0.02m | €0.4m | ▲ 1,478% |
| Contracts in progress37 | - | - | - | - | €0.2m | - |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.1m | €0.4m | €0.3m | ▼ 17.7% |
| Trade receivables40 | - | - | - | €0.4m | €0.2m | ▼ 45.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.1m | ▲ 308% |
| Current investments50/53 | €53 | €41 | €41 | €41 | - | - |
| Cash at bank and in hand54/58 | €0.01m | €0.03m | €0.05m | €0.2m | €0.03m | ▼ 82.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.03m | ▲ 455% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.5m | €0.4m | €0.5m | €0.7m | €1.4m | ▲ 105% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.4m | €0.3m | ▼ 32.3% |
| Contributions10/11 | €0.03m | - | - | €0.03m | €0.03m | = |
| Reserves13 | €0.03m | €0.07m | €0.08m | €0.3m | €0.3m | ▼ 0.2% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | - | - |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | ▼ 0.3% |
| Distributable reserves133 | - | - | - | €0.08m | €0.08m | ▲ 3.9% |
| Profit (loss) carried forward14 | €0.05m | €0.07m | €0.07m | €0.1m | -€0.03m | - |
| Provisions and deferred taxes16 | - | - | - | €0.07m | €0.07m | ▼ 0.3% |
| Deferred taxes168 | - | - | - | €0.07m | €0.07m | ▼ 0.3% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.3m | €0.2m | €1.0m | ▲ 432% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.05m | €0.5m | ▲ 990% |
| Financial debts170/4 | - | - | - | €0.05m | €0.5m | ▲ 990% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.1m | €0.1m | €0.5m | ▲ 258% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.04m | ▲ 133% |
| Financial debts43 | - | - | - | - | €0.1m | - |
| Credit institutions430/8 | - | - | - | - | €0.1m | - |
| Trade debts44 | €0.05m | €0.07m | €0.07m | €0.1m | €0.3m | ▲ 183% |
| Suppliers440/4 | - | - | - | €0.1m | €0.3m | ▲ 183% |
| Taxes, remuneration and social security45 | - | - | - | €0.009m | €0.01m | ▲ 64.3% |
| Taxes450/3 | - | - | - | €0.001m | €0.01m | ▲ 1,636% |
| Remuneration and social security454/9 | - | - | - | €0.008m | - | - |
| Other amounts payable47/48 | - | - | - | €0.004m | €0.04m | ▲ 805% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.004m | ▲ 96.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,262 | €56,110 | €7,371 | €227,953 | -€131,676 | - |
| + Depreciation and write-downs630 | €31,199 | €32,121 | €28,204 | €19,009 | €18,919 | ▼ 0.5% |
| Operating cash flow (approximation) | €93,461 | €88,231 | €35,575 | €246,962 | -€112,756 | - |
| Investment in fixed assets (approximation) | - | -€6,964 | -€53,825 | €128,426 | -€380,766 | - |
| Change in cash | - | €16,100 | €25,144 | €118,186 | -€140,909 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | abbreviated format | 09-10-2023 | 2023-00483717 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20072791 |
| 31-12-2020 | micro format | 31-05-2021 | 2021-16000031 |
| 31-12-2019 | abbreviated format | 29-05-2020 | 2020-13600549 |
| 31-12-2018 | abbreviated format | 28-05-2019 | 2019-14700129 |
| 31-12-2017 | abbreviated format | 01-06-2018 | 2018-15400318 |
| 31-12-2016 | abbreviated format | 02-06-2017 | 2017-14400442 |
| 31-12-2015 | abbreviated format | 31-05-2016 | 2016-14000521 |
| 31-12-2014 | abbreviated format | 01-06-2015 | 2015-14100267 |
| 31-12-2013 | abbreviated format | 02-06-2014 | 2014-14400219 |
Similar companies · same sector, comparable size
BOUCKAERT DRIES
BE 0846.991.132
Lichtervelde · equity €275,776
ALGEMENE DAKWERKEN LBN
BE 0896.331.666
Nieuwerkerken (Limb.) · equity €275,716
R & T DAKWERKEN BAEYENS
BE 0896.010.279
Dendermonde · equity €276,245
Dakwerken Boeckx
BE 0774.849.262
Grobbendonk · equity €276,252
Dakwerken Tibackx
BE 0456.410.338
Heist-op-den-Berg · equity €275,338
Of the 8,431 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,408. 3,436 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Vincent Geeraert Prins Bisschopssingel 31, 3500 Hasselt |
12-09-2024 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2026
27-04
Bankruptcy
Supervising judge replaced
Enterprise Court of Antwerp, Hasselt division · judgment of 16-04-2026
2024
18-09
Bankruptcy
Opening
Enterprise Court of Antwerp, Hasselt division · judgment of 12-09-2024
2023
09-10
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format · 70 days late
2022
31-12
Financial
Weakest financial yearnet -€131,676
Net result drops to -€131,676, the lowest in the series.
20-06
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Highest result from 2018 to 2022net €227,953 ▲2,992%
Operating result €312,892, net result €227,953, both a record.
31-12
Financial
Liquidity more than doubledcurrent ratio 4.05
Current ratio from 1.75 to 4.05.
31-12
Financial
Equity above €200,000equity €407,547 ▲127%
A profit in every financial year since 2018 builds equity to €407,547.
31-05
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
29-05
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial
Equity above €150,000equity €173,023 ▲47%
A profit in every financial year since 2018 builds equity to €173,023.
28-05
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
Show earlier events
2018
01-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
02-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
31-05
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
2015
01-06
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
02-06
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 21 annual accounts filed, the latest 10 are here; all 21 are under Financials.
0 of 8 deeds read
About the unread acts
We know of 8 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Register details
Identification
Legal formPrivate limited company
Founded09-01-2002
Financial year end31-12
Activities, NACEBEL 2025
43410Roofing work
43221Plumbing work
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 15 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2011
Ground area
10.6 ha
Building footprint
3.5 ha
Building volume
317,933 m³
2 parcels, Flanders · tallest building 11.7 m. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
V - Construct BV
since 2011unit no. 2.198.905.074
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71304E0701/00G000 | Flanders | 7.6 ha | 1 · 3.2 ha | 11.7 m · 3 |
| 71304E0574/00M000 | Flanders | 3.0 ha | 1 · 2,290 m² | 1.4 m |
How the parcels are linked
Good to know
Both parcels match the address exactly.