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 34,234 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Equity
- €3,965
- Profit
- €3,945
- PETER VANCAYSEELEDirector
- DESMYTER Carine DeniseDirector
Why 72raises riskFounded in 2023Size: total assets €4,3421 change of registered office in 24 monthslowers riskLiquidity: current ratio 11.53, cash €3,099Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 90% on solvency, 98% on liquidity, 93% on profitability and 99% on growth.
The bankruptcy probability was computed on 15-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 30 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Appointment: DESMYTER Carine Denise (director)Name change · Purpose change…
- Annual accounts filedfinancial year 2025 · micro…
- Resignation: MARIE-JULIE VERVERKEN (director)Appointment: PETER VANCAYSEELE (director) ·…
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 95.8% 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 497,474 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 74.5% 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.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 10-04-2026 | 2026-00076522 |
| 30-09-2024 | micro format | 21-03-2025 | 2025-00051443 |
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.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PETER VANCAYSEELE |
|
| DESMYTER Carine Denise |
|
| MARIE-JULIE VERVERKEN |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-05
Gazette deed
Appointment: DESMYTER Carine Denise (director)Name change · Purpose change · Power of attorney7 facts ▸
- General meeting, 18-05-2026
- Name change, V-CONSTRUCT
- Other provision, “kennisname verslag bestuursorgaan over voorstel voorwerpwijziging, wijziging voorwerp van de vennootschap” (deed in Dutch)
- Purpose change
- Director appointment, DESMYTER Carine Denise (director (not named in the articles))
- Other provision, “verklaring geen bestuursverbod, geen strafrechtelijk of burgerrechtelijk bestuursverbod om persoonlijk of via tussenpersoon een onderneming uit te baten of om p…” (deed in Dutch)
- Power of attorney, Bruno Vandenameele
02-04
Gazette deed
Resignation: MARIE-JULIE VERVERKEN (director)Appointment: PETER VANCAYSEELE (director) · Registered-office move4 facts ▸
- General meeting, 19-03-2026
- Director resignation, MARIE-JULIE VERVERKEN (director (not named in the articles))
- Director appointment, PETER VANCAYSEELE (director (not named in the articles))
- Registered-office move, Briekeriestraat 4,8956 Kemmel
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1000.739.991
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33012C0058/00H000 | Flanders | 1.0 ha | 1 · 346 m² | 7.7 m · 1 |