V.H.B. CONSTRUCT
ActiveV.H.B. CONSTRUCT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €3k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 10.96 against 21.44 in 2024; short-term debt: 9.1% and cash: 21.4% of total assets), and 9.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.9%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
153 d late
2022
300 d late
2021
152 d late
2020
30 d late
2019
153 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€226k▲ 1.4%
2024 · €223k
2018: €141k
2019: €156k
2020: €169k
2021: €215k
2022: €224k
2023: €230k
2024: €223k
2018 → 2025
Total assets
€249k▲ 6.4%
2024 · €234k
2018: €198k
2019: €227k
2020: €283k
2021: €305k
2022: €353k
2023: €246k
2024: €234k
2018 → 2025
Net result
€3k
2024 · €-8k
2018: €9k
2019: €15k
2020: €13k
2021: €46k
2022: €8k
2023: €7k
2024: €-8k
2018 → 2025
Working capital
€226k▲ 1.4%
2024 · €223k
2018: €141k
2019: €155k
2020: €169k
2021: €215k
2022: €224k
2023: €230k
2024: €223k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€224k▲ 3.8%€230k▲ 3.0%€223k▼ 3.3%€226k▲ 1.4%
Operating result€59k-€11k▼ 80.7%€9k▼ 22.7%€-6k€3k
Net result€46k-€8k▼ 82.3%€7k▼ 16.6%€-8k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €249k
Equity
€226k▲ 1.4%
Debt
€23k▲ 108%
The debt ratio rises from 4.7% to 9.1%. Equity and debt are higher.
Key figures and ratios
Solvency
90.9%▼
2024 · 95.3%
Current ratio
10.96▼
2024 · 21.44
Quick ratio
10.96▼
2024 · 21.44
Debt / equity
0.10▲
2024 · 0.05
ROE
1.4%▲
2024 · -3.4%
ROA
1.3%▲
2024 · -3.3%
Debt
€23k▲
2024 · €11k
Debt ≤ 1 year
€23k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€234k€249k▲
Current assets29/58€234k€249k▲
Amounts receivable within one year40/41€188k€195k▲
Trade receivables40€43k€37k▼
Other amounts receivable41€145k€157k▲
Cash at bank and in hand54/58€43k€53k▲
Deferred charges and accrued income490/1€2k€882▼
Equity and liabilities
Total equity and liabilities10/49€234k€249k▲
Equity10/15€223k€226k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€215k€218k▲
Amounts payable17/49€11k€23k▲
Amounts payable within one year42/48€11k€23k▲
Trade debts44€8k€23k▲
Suppliers440/4€8k€23k▲
Taxes, remuneration and social security45€3k€168▼
Taxes450/3€3k€168▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-5k€4k▲
Operating profit (loss)9901€-6k€3k▲
Financial charges65/66B€1k€88▼
Recurring financial charges65€1k€88▼
Profit (loss) for the period before taxes9903€-7k€3k▲
Income taxes67/77€255-
Profit (loss) for the period9904€-8k€3k▲
Profit (loss) for the period to be appropriated9905€-8k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€215k€218k▲
Profit (loss) brought forward from the previous period14P€222k€215k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼213%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 300 days late
2023
31-12
Financial
Liquidity times 6current ratio 15.53
Current ratio from 2.73 to 15.53; short-term debt falls from €129k to €16k.
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Highest result since 2018net €46k ▲248%
Operating result €59k, net result €46k, both a record.
31-12
Financial
Equity above €200kEq €215k ▲27.6%
4 profitable years in a row build equity to €215k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-12
Financial
Equity above €150kEq €156k ▲10.5%
2 profitable years in a row build equity to €156k.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Destelbergen · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Loveldstraat(HEU) 479070 DestelbergenGround area
1,183 m²
Building footprint
291 m²
Volume, LiDAR
1,707 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zandakkerlaan(HEU) 11, 9070 Destelbergen
since 20012.100.103.349
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0443/00W003 | Flanders | 697 m² | 1 · 175 m² | 8.1 m · 2 fl. |
| 44028C0188/00K000 | Flanders | 486 m² | 1 · 116 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NEW M. SPRL
BE 0823.197.923
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Artis'An
BE 0770.448.432
Virton · Eq €226k
POLYLUX
BE 0432.972.663
Chiny · Eq €226k
TILBO-CONSTRUCT
BE 0474.372.164
Beringen · Eq €226k
BOSCO
BE 0732.709.294
Couvin · Eq €226k
Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 11,784 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-12-2000
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.