V.G. Construct
ActiveSummary
The computed 12-month bankruptcy probability of V.G. Construct is 8.1% (elevated). The 2024 annual accounts show negative equity (-€9,052) and a net result of -€2,716. Equity is shrinking by ~49.1% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 8.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,657 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €978 | €0 | - | - |
| Other operating charges640/8 | €878 | €364 | €241 | ▼ 33.9% |
| Gross operating margin9900 | -€3,445 | -€3,081 | -€2,408 | ▲ 21.8% |
| Operating profit (loss)9901 | -€5,301 | -€3,445 | -€2,649 | ▲ 23.1% |
| Financial income75/76B | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €36 | €55 | €67 | ▲ 22.3% |
| Recurring financial charges65 | €36 | €55 | €67 | ▲ 22.3% |
| Profit (loss) for the period before taxes9903 | -€5,336 | -€3,500 | -€2,716 | ▲ 22.4% |
| Profit (loss) for the period9904 | -€5,336 | -€3,500 | -€2,716 | ▲ 22.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,336 | -€3,500 | -€2,716 | ▲ 22.4% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €263 | €232 | €537 | ▲ 132% |
| Current assets29/58 | €263 | €232 | €537 | ▲ 132% |
| Amounts receivable within one year40/41 | €212 | €0 | €505 | - |
| Trade receivables40 | - | - | €203 | - |
| Other amounts receivable41 | €212 | €0 | €302 | - |
| Cash at bank and in hand54/58 | €51 | €232 | €32 | ▼ 86.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €263 | €232 | €537 | ▲ 132% |
| Equity10/15 | -€2,836 | -€6,336 | -€9,052 | ▼ 42.9% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | -€5,336 | -€8,836 | -€11,552 | ▼ 30.7% |
| Amounts payable17/49 | €3,099 | €6,568 | €9,589 | ▲ 46.0% |
| Amounts payable within one year42/48 | €3,099 | €6,568 | €9,589 | ▲ 46.0% |
| Trade debts44 | €717 | €203 | €0 | ▼ 100% |
| Suppliers440/4 | €717 | €203 | €0 | ▼ 100% |
| Advances received on contracts in progress46 | - | €1,815 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €55 | €0 | ▼ 100% |
| Taxes450/3 | - | €55 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2,382 | €4,495 | €9,589 | ▲ 113% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,336 | -€3,500 | -€2,716 | ▲ 22.4% |
| + Depreciation and write-downs630 | €978 | €0 | - | - |
| Operating cash flow (approximation) | -€4,358 | -€3,500 | -€2,716 | ▲ 22.4% |
| Change in cash | - | €181 | -€200 | ▼ 211% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41056A0184/00C000 | Flanders | 1,966 m² | 1 · 175 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.