V-CONSTRUCT
ActiveSummary
V-CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,965 and a net result of €3,945. Its solvency ranks better than 94% of 34,040 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result returns to profit in 2025: €4,560 after a loss of €2,480 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
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.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,841 | - | - |
| Other operating charges640/8 | - | €157 | - |
| Gross operating margin9900 | €361 | €4,717 | ▲ 1,208% |
| Operating profit (loss)9901 | -€2,480 | €4,560 | - |
| Financial charges65/66B | €0 | €238 | ▲ 103,487% |
| Recurring financial charges65 | €0 | €238 | ▲ 103,487% |
| Profit (loss) for the period before taxes9903 | -€2,480 | €4,322 | - |
| Income taxes67/77 | - | €377 | - |
| Profit (loss) for the period9904 | -€2,480 | €3,945 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,480 | €3,945 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,152 | €4,342 | ▲ 102% |
| Formation expenses20 | €0 | €0 | - |
| Current assets29/58 | €2,152 | €4,342 | ▲ 102% |
| Amounts receivable within one year40/41 | €546 | €1,039 | ▲ 90.2% |
| Trade receivables40 | €546 | €901 | ▲ 65.1% |
| Other amounts receivable41 | - | €137 | - |
| Cash at bank and in hand54/58 | €1,396 | €3,099 | ▲ 122% |
| Deferred charges and accrued income490/1 | €209 | €204 | ▼ 2.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,152 | €4,342 | ▲ 102% |
| Equity10/15 | €20 | €3,965 | ▲ 19,986% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | - | €1,465 | - |
| Distributable reserves133 | - | €1,465 | - |
| Profit (loss) carried forward14 | -€2,480 | - | - |
| Amounts payable17/49 | €2,132 | €377 | ▼ 82.3% |
| Amounts payable within one year42/48 | €2,132 | €377 | ▼ 82.3% |
| Trade debts44 | €673 | - | - |
| Suppliers440/4 | €673 | - | - |
| Taxes, remuneration and social security45 | - | €377 | - |
| Taxes450/3 | - | €377 | - |
| Other amounts payable47/48 | €1,459 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€2,480 | €3,945 | - |
| + Depreciation and write-downs630 | €2,841 | - | - |
| Operating cash flow (approximation) | €360 | €3,945 | ▲ 994% |
| Change in cash | - | €1,703 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 · 1 entry · €299 awarded · €299 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.