Equity
Equity fell by 53% in 3 years.
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 57% of them on solvency, 98% on liquidity, 37% on profitability and 58% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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).
In July 2024, 1,639 companies had the same profile as V³ CONSTRUCT has now. Each dot stands for 5 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of V³ CONSTRUCT itself: < 0.1% within 12 months.
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.
| 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 1,639 companies, not a prediction for V³ 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.
Short-term debt is 0.4% and cash 91.9% of total assets. 59.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| V³ CONSTRUCT Deinze | €737,207 | €31,635 | 40.8% | - |
| BRICKS ON HEELS Sint-Martens-Latem | €589,846 | €37,049 | 21.4% | - |
| Immobeck Bilzen-Hoeselt | €693,626 | €26,670 | -7.2% | - |
| BANOM INVEST Ath | €627,993 | €30,558 | 15.8% | - |
| SABIE Riemst | €672,222 | €27,833 | 33.2% | 0 |
| IMeNSE Marchin | €819,866 | €39,329 | 11.8% | - |
| G & I - Construct Ichtegem | €703,796 | €34,336 | 13.7% | - |
These companies have the same main activity as V³ CONSTRUCT: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €590,000 and €820,000, founded between 2016 and 2018.
V³ CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €4,552 in 2019 to €31,635 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €87,000. Estimated: probably between €48,000 and €180,000.
Higher than 58% of 11,299 companies in 2025.
Higher than 95% of 9,280 companies in 2024.
Higher than 58% of 11,184 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
737,207 | 721,581 | 1.0m | 1.4m | 1.6m | 1.2m | 248,674 | |
21/28 |
- | - | - | 45 | 315 | 585 | 855 | |
22/27 |
- | - | - | 45 | 315 | 585 | 855 | |
23 |
- | - | - | 45 | 315 | 585 | 855 | |
29/58 |
737,207 | 721,581 | 1.0m | 1.4m | 1.6m | 1.2m | 247,819 | |
3 |
57,084 | 266,164 | 8,614 | - | 115,851 | 109,500 | 100,000 | |
37 |
57,084 | 266,164 | 8,614 | - | 115,851 | 109,500 | 100,000 | |
40/41 |
2,229 | 4,508 | 4,262 | 1,688 | 98,206 | 34,808 | 2,790 | |
40 |
- | - | - | 1,489 | 98,206 | 34,808 | - | |
41 |
2,229 | 4,508 | 4,262 | 200 | - | - | 2,790 | |
50/53 |
- | - | 750,000 | - | - | - | - | |
54/58 |
677,488 | 449,999 | 235,163 | 1.4m | 1.4m | 1.0m | 141,681 | |
490/1 |
406 | 910 | 4,610 | 30,504 | 33,353 | 4,660 | 3,348 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
737,207 | 721,581 | 1.0m | 1.4m | 1.6m | 1.2m | 248,674 | |
10/15 |
300,965 | 287,088 | 298,357 | 646,324 | 349,133 | 169,439 | 45,032 | |
10/11 |
45,000 | 45,000 | 45,000 | 45,000 | 45,000 | - | 45,000 | |
100 |
- | - | - | - | - | - | 45,000 | |
11 |
- | - | - | - | - | 45,000 | - | |
1100/10 |
- | - | - | - | - | 45,000 | - | |
13 |
255,965 | 2 | 2 | 2 | 2 | 2 | 2 | |
130/1 |
- | - | 2 | 2 | 2 | 2 | - | |
130 |
- | - | - | - | - | - | 2 | |
1311 |
- | - | 2 | 2 | 2 | - | - | |
1319 |
- | - | - | - | - | 2 | - | |
133 |
255,965 | 2 | - | - | - | - | - | |
14 |
- | 242,086 | 253,355 | 601,322 | 304,131 | 124,437 | 30 | |
17/49 |
436,242 | 434,492 | 704,292 | 740,811 | 1.3m | 1.0m | 203,643 | |
17 |
433,498 | 416,825 | 400,793 | 385,378 | 370,556 | 356,304 | - | |
170/4 |
433,498 | 416,825 | 400,793 | 385,378 | 370,556 | 356,304 | - | |
42/48 |
2,744 | 17,667 | 303,499 | 355,432 | 929,047 | 670,685 | 202,143 | |
44 |
944 | 15,867 | 1,699 | 130,938 | 265,363 | 46,963 | 6,908 | |
440/4 |
944 | 15,867 | 1,699 | 130,938 | 265,363 | 46,963 | 6,908 | |
45 |
- | - | - | 14,494 | 153,124 | 81,515 | 234 | |
450/3 |
- | - | - | 14,494 | 153,124 | 81,515 | 234 | |
47/48 |
1,800 | 1,800 | 301,800 | 210,000 | 510,560 | 542,207 | 195,000 | |
492/3 |
- | - | - | - | - | - | 1,500 | |
| Income statement | ||||||||
9900 |
31,635 | -4,005 | -40,287 | 627,108 | 273,655 | 196,629 | 4,552 | |
630 |
- | - | 45 | 270 | 270 | 270 | 495 | |
640/8 |
2,403 | 2,206 | 1,585 | 469 | 2,918 | 1,533 | 2,266 | |
9901 |
29,231 | -6,212 | -41,917 | 626,368 | 270,467 | 194,826 | 1,791 | |
75/76B |
1,559 | 11,198 | 9,608 | - | - | - | - | |
75 |
1,559 | 11,198 | 9,608 | - | - | - | - | |
65/66B |
16,914 | 16,255 | 15,658 | 18,144 | 29,813 | 17,625 | 1,525 | |
65 |
16,914 | 16,255 | 15,658 | 18,144 | 29,813 | 17,625 | 1,525 | |
9903 |
13,876 | -11,268 | -47,967 | 608,224 | 240,654 | 177,201 | 266 | |
67/77 |
- | - | 0 | 101,033 | 60,961 | 52,794 | 234 | |
9904 |
13,876 | -11,268 | -47,967 | 507,192 | 179,693 | 124,408 | 32 | |
9905 |
13,876 | -11,268 | -47,967 | 507,192 | 179,693 | 124,408 | 32 | |
| Appropriation of the result | ||||||||
9906 |
255,963 | 242,086 | 553,355 | 811,322 | 304,131 | 124,437 | 32 | |
14P |
242,086 | 253,355 | 601,322 | 304,131 | - | - | - | |
691/2 |
255,963 | - | - | - | - | - | 2 | |
6920 |
- | - | - | - | - | - | 2 | |
6921 |
255,963 | - | - | - | - | - | - | |
694/7 |
- | - | 300,000 | 210,000 | - | - | - | |
694 |
- | - | 300,000 | - | - | - | - | |
695 |
- | - | - | 210,000 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 5 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 29-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 29-01-2026 | 2026-00028057 | |
| 30-06-2024 | abbreviated format | 26-02-2025 | 2025-00040380 | |
| 30-06-2023 | abbreviated format | 31-01-2024 | 2024-00016124 | |
| 30-06-2022 | abbreviated format | 01-02-2023 | 2023-00024110 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-04900430 | |
| 30-06-2020 | abbreviated format | 06-01-2021 | 2021-00700035 | |
| 30-06-2019 | abbreviated format | 15-02-2020 | 2020-05100399 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| - | - | -41,872 | 626,638 | 270,737 | 195,096 | 2,286 | ||
| - | - | -47,922 | 507,462 | 179,963 | 124,678 | 527 | ||
| - | - | 0 | 0 | 0 | 0 | 1,350 | ||
| 227,489 | 214,836 | -1.1m | -46,112 | 354,135 | 905,193 | - | ||
| 734,463 | 703,914 | 699,150 | 1.0m | 719,374 | 525,158 | 45,677 | ||
| 40.8% | 39.8% | 29.8% | 46.6% | 21.2% | 14.2% | 18.1% | ||
| - | 40.84 | 3.30 | 3.90 | 1.77 | 1.78 | 1.23 | ||
| - | 25.78 | 3.28 | 3.90 | 1.65 | 1.62 | 0.73 | ||
| 1.45 | 1.51 | 2.36 | 1.15 | 3.72 | 6.06 | 4.52 | ||
| 4.6% | -3.9% | -16.1% | 78.5% | 51.5% | 73.4% | 0.1% | ||
| 1.9% | -1.6% | -4.8% | 36.6% | 10.9% | 10.4% | 0.0% | ||
| - | - | -2.67 | 34.54 | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €737,207, equity €300,965).
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.
The operating result for 2025 is a profit of €29,231, after a loss of €6,212 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total falls from 60.2% to 59.2%. Equity and debt are higher.
Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts
1 other company of this director went bankrupt (2024).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
V³ CONSTRUCT has no parent and no holdings in its annual accounts.
| DEINSE BOUW MAATSCHAPPIJ
registered office since 13-10-1986 · founded in 1986 |
total assets €4.9m (2025) 0429.492.046 |
| MAKELAARSKANTOOR GUIDO VANMEIRHAEGHE
establishment since 30-12-1988 · founded in 1988 |
total assets €3.8m (2025) 0435.520.595 |
| JALCinvest
registered office since 10-04-2013 · founded in 2013 |
total assets €3.0m (2025) 0525.902.821 |
| JO VAN OVERBERGHE
registered office since 14-12-2001 · founded in 2001 |
2.7 FTE (2025) 0476.364.921 |
| ALGEMENE BOUWONDERNEMING VAN HOUTVEN
registered office since 03-05-1991 · founded in 1986 |
2 FTE (2025) 0428.572.823 |
| Kasaoka Cherbiski, Laise (sole trader)
establishment since 01-06-2026 |
founded in 2026 1037.989.674 |
| Neetesonne, Lara (sole trader)
establishment since 29-10-2024 |
founded in 2024 1015.314.044 |
| Taura IT Consulting
registered office since 02-02-2023 |
founded in 2023 0797.965.055 |
| DEBOMA / VAN HOUTVEN
registered office since 01-12-2014 |
founded in 2014 0567.787.520 |
| Vereniging van mede-eigenaars van de Residentie ALPHA, Kapellestraat 2 en Achterstraat, te 9800 Deinze.
registered office since 02-05-2013 |
founded in 2013 0536.277.366 |
| DEINZE FOOTBALL CLUB via Dakota Group, no longer at DEINZE FOOTBALL CLUB · Director · deed of 04-03-2022 Open bankruptcy · founded in 2013 |
43 FTE (2023) |
| FIXATTI via Dakota Group, no longer at FIXATTI · Chair of the board · deed of 11-02-2016 founded in 1994 |
32 FTE (2021) |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kapellestraat 2 registered office 9800 Deinze 42990 Civil engineering | 12-09-2017 | 2.268.258.886 |
| 29-09-2026 | Granted | Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies submitted 12-03-2026 · project 2025146586 | Deinze |
| 31-08-2026 | Under review | Bouwen of herbouwen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen project 2026100840 | Deinze |
| 02-07-2026 | Under review | Verwijderen van vrijstaande gebouwen Subdivision · project 2026082034 | Deinze |
| 10-12-2024 | Granted | Bouwen of herbouwen submitted 13-09-2024 · project 2024119763 | Deinze |
| 21-03-2023 | Granted | Bouwen of herbouwen submitted 09-11-2022 · project 2022147403 | Deinze |
| 29-03-2022 | Granted | Bouwen of herbouwen submitted 08-12-2021 · project 2021187024 | Deinze |
| 06-10-2021 | Discontinued | Bouwen of herbouwen submitted 14-09-2021 · project 2021103519 | Deinze |
| 26-02-2019 | Granted | Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden submitted 12-12-2018 · project 2018148665 | Deinze |
| 04-12-2018 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen; Verwijderen van vrijstaande gebouwen submitted 17-09-2018 · project 2018112119 | Deinze |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44004C0205/00N000 | 1,360 m² | 1 · 526 m² | 13.5 m · 3 |
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