V & O CONSTRUCT

Active Private limited company (pre-2019)founded 2008active for 18 yearsAkkerstraat 108B, 8730 BeernemKBO/BCE: BE 0897.789.042

V & O CONSTRUCT

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Overview

Lifetime

17 annual accounts with figures on one time axis

Compare with

peak €84,045 (2023)

€39,620▲ 25.7%

lowest -€7,418 (2012)

€631▲ €5,676

peak €142,786 (2023)

€138,371▲ 0.5%

€143,334▼ 16.0%

Board1 name since 2017

1 directorOvyn Steve

Owners

Documentsfilings and deeds

17-07-202614 days before the deadline

2025micro format

Gross margin from €31,519 to €39,620Back to profit: €631Debts from €170,736 to €143,334Cash from €24,803 to €11,856

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Filings

17 annual accounts since 2009

Three of the last ten came late. The 2019 accounts came latest: 32 days after the end of the period.

Checked score

Excellent

Financially stronger than 51% of micro companies in real estate (NACE 68)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength

Strong

72+4equity 47.4% of total assets

49-7short-term debt 20.3% · cash 4.1%

59+10return on assets 0.2%

Score breakdown

raises risk

Liquidity: current ratio 0.20, cash €11,856, halved

lowers risk

Size: total assets €292,082

Founded in 2008

Equity €138,371 (47.4% of total assets)

Calculation

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 62% of them on solvency, 45% on liquidity, 48% on profitability and 47% on growth.

The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.

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).

Comparable companies, two years later

In July 2024, 10,904 companies had the same profile as V & O CONSTRUCT has now. Each dot stands for 28 companies, two years later.

95.1%

were still trading

4.0%

stopped another way

0.7%

went bankrupt

Micro
10 to 20 years old
solvency 30% or more
a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of V & O CONSTRUCT itself: 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 10,904 companies, not a prediction for V & O 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.

Credit verdict

Credit of up to €12,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.2 (0.47 in 2024), below 1. Short-term debt is 20.3% and cash 4.1% of total assets. 52.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €292,082

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Founded in 2008

Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.

KBO

Liquidity: current ratio 0.20, cash €11,856, halved

NBB · annual accounts

Equity €138,371 (47.4% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

14 days early

2024

3 days early

2023

19 days late

2022

7 days early

2021

2 days late

2020

18 days early

2019

32 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 accounts filed within 30 days either side of that date).

Companies Code · seven months

Where today falls in the filing period

11-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

Ovyn Steve

Director, since 21-02-2017

Board & ownership

Recent changes

13-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0897789042

08-05-2008

Incorporation published on 19-05-2008 · Gazette deed

08-05-2008

First establishment V&O Construct, Akkerstraat 108, Beernem

All 29 events

Comparable companies

same main activity, similar in size and age

Company
V & O CONSTRUCT Beernem	€292,082	€39,620	47.4%	-
BELION Zonnebeke	€353,468	€47,002	93.4%	-
I.D.IMMO Namur	€300,371	€40,821	19.6%	0.6
TEC-SOLUTIONS Zonhoven	€259,446	€36,059	20.8%	-
DOMANIS Mont-Saint-Guibert	€261,136	€40,276	68.5%	-
LUXURY INVEST Hasselt	€283,691	€43,816	28.0%	-
ADW SCHRIJNWERK Lokeren	€315,700	€47,604	77.1%	-

These companies have the same main activity as V & O CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €259,000 and €353,000, founded between 2006 and 2008.

Official details

Source: KBO

Status: Active since 08-05-2008Normal situation
Activity: Development of residential building projectsNACE 68121
Establishment unit: 2.172.358.0558730 Beernem, since 08-05-2008
Financial year end: 31 December
Peppol: Reachable since 13-01-2026

Company details

Annual accounts 2025

: €39,620▲ 25.7%
: €631
: €138,371▲ 0.5%
: €292,082▼ 8.5%
Filing: Filed on 17-07-2026, 14 days before the end of the filing period

Financials

Insights on V & O CONSTRUCT

V & O CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€33,445 in 2009 to €39,620 in 2025.

The balance sheet grew most in 2010 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-07-2026, 14 days before the deadline

€39,620

▲ 25.7%

€10,276

▲ 250%

€631

▲ €5,676

-€47,341

▼ €19,201

47.4%

▲ 4.2 percentage points

0.20

▼ 0.27

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €110,000. Estimated: probably between €60,000 and €220,000.

Balance sheet

balance sheet total €292,082 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

47.4%

Higher than 64% of 17,194 companies in 2025.

0.20

Higher than 18% of 16,491 companies in 2025.

0.2%

Higher than 40% of 16,870 companies in 2025.

V & O CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	292,082	319,191	354,867	344,241	362,165	390,024	335,635	347,833	354,842	373,927	393,222	416,053	579,557	530,747	434,652	446,237	114,038
`21/28`	280,153	294,334	316,129	331,061	349,950	374,538	294,125	311,113	328,100	348,088	382,075	409,093	450,710	440,328	367,945	319,913	103,597
`22/27`	280,153	294,334	316,129	331,061	349,950	374,538	294,125	311,113	328,100	348,088	382,075	409,093	448,710	438,328	367,945	319,913	103,597
`22`	213,532	228,209	242,885	257,561	265,950	280,038	294,125	308,213	322,300	336,388	350,475	364,563	378,650	392,738	306,825	315,913	103,597
`23`	66,620	66,125	73,244	73,500	84,000	94,500	-	700	1,400	5,100	22,800	44,530	69,060	43,590	58,120	-	-
`24`	-	-	-	-	-	-	-	2,200	4,400	6,600	8,800	-	1,000	2,000	3,000	4,000	-
`28`	-	-	-	-	-	-	-	-	-	-	-	-	2,000	2,000	-	-	-
`29/58`	11,929	24,857	38,738	13,180	12,215	15,487	41,510	36,720	26,742	25,839	11,147	6,960	128,847	90,419	66,707	126,325	10,441
`29`	-	-	-	-	-	-	-	-	-	-	-	-	46,250	-	-	-	-
`291`	-	-	-	-	-	-	-	-	-	-	-	-	46,250	-	-	-	-
`40/41`	73	54	36	8,083	8,333	10,746	38,018	33,466	21,971	23,830	9,721	4,311	81,883	85,616	13,265	70,687	7,320
`40`	-	-	0	8,062	8,297	10,731	38,012	33,460	21,965	23,780	9,660	51	75,828	85,608	13,260	62,315	6,000
`41`	73	54	36	20	36	15	6	6	6	50	61	4,260	6,055	8	5	8,372	1,320
`54/58`	11,856	24,803	38,702	5,097	3,883	4,740	2,854	2,574	4,112	1,022	714	2,648	714	2,053	4,942	37,638	2,562
`490/1`	-	-	-	-	-	-	638	681	660	987	712	2	-	2,750	48,500	18,000	560
Balance sheet: equity and liabilities
`10/49`	292,082	319,191	354,867	344,241	362,165	390,024	335,635	347,833	354,842	373,927	393,222	416,053	579,557	530,747	434,652	446,237	114,038
`10/15`	138,371	137,741	142,786	110,031	97,203	96,197	99,003	94,181	91,889	90,957	97,501	101,188	105,134	111,181	18,598	17,516	4,676
`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
`101`	-	-	-	-	-	-	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800
`12`	30,000	35,000	40,000	45,000	50,000	55,000	60,000	65,000	70,000	75,000	80,000	85,000	90,000	95,000	-	-	-
`13`	103,129	99,144	95,158	57,000	52,000	47,000	42,000	37,000	32,000	27,000	22,000	17,000	12,000	7,000	620	566	-
`130/1`	2,000	2,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	620	566	-
`1311`	2,000	2,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-
`132`	31,129	32,144	33,158	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	70,000	65,000	60,000	55,000	50,000	45,000	40,000	35,000	30,000	25,000	20,000	15,000	10,000	5,000	-	-	-
`14`	-958	-2,603	1,428	1,831	-10,997	-12,003	-9,197	-14,020	-16,311	-17,243	-10,699	-7,012	-3,066	2,981	11,778	10,751	-1,524
`16`	10,376	10,715	11,053	-	-	-	-	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	1,500
`160/5`	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	3,000	3,000	3,000	1,500
`168`	10,376	10,715	11,053	-	-	-	-	3,000	3,000	3,000	3,000	-	-	-	-	-	-
`17/49`	143,334	170,736	201,028	234,210	264,962	293,827	236,631	250,652	259,953	279,970	292,721	311,865	471,423	416,566	413,053	425,721	107,862
`17`	84,064	117,138	148,855	179,278	208,471	236,491	190,911	206,748	221,750	235,962	249,424	264,875	342,725	319,232	345,339	309,386	65,063
`170/4`	84,064	117,138	148,855	179,278	208,471	236,491	190,911	206,748	221,750	235,962	249,424	264,875	342,725	319,232	345,339	309,386	65,063
`42/48`	59,270	52,998	51,573	54,333	56,491	56,737	45,120	43,304	37,603	43,407	42,698	46,389	128,697	96,734	67,714	116,335	42,366
`42`	33,074	31,717	30,423	29,193	28,020	26,902	15,837	15,002	14,211	13,462	15,452	27,850	26,507	26,107	25,714	11,358	2,398
`43`	-	-	-	-	-	-	-	-	-	19	449	-	-	1,018	52	-	-
`430/8`	-	-	-	-	-	-	-	-	-	19	449	-	-	1,018	52	-	-
`44`	5,954	3,941	3,191	1,231	3,875	2,802	1,110	8,029	7,036	12,923	13,954	7,403	56,429	12,504	4,407	4,641	5,541
`440/4`	5,954	3,941	3,191	1,231	3,875	2,802	1,110	8,029	7,036	12,923	13,954	7,403	56,429	12,504	4,407	4,641	5,541
`46`	-	-	-	-	-	-	-	-	-	-	-	-	10,260	-	-	-	-
`45`	6,504	4,256	4,088	2,606	5,367	7,859	7,227	3,375	221	6,669	513	213	15,264	27,567	13,333	17,561	-
`450/3`	6,504	4,256	4,088	2,606	5,367	7,859	7,227	3,375	221	6,669	513	213	11,914	24,217	9,983	17,561	-
`454/9`	-	-	-	-	-	-	-	-	-	-	-	-	3,350	3,350	3,350	-	-
`47/48`	13,738	13,084	13,870	21,303	19,230	19,173	20,947	16,898	16,134	10,334	12,330	10,922	20,238	29,537	24,208	82,775	34,427
`492/3`	0	600	600	600	-	600	600	600	600	601	600	601	-	600	-	-	434
Income statement
`76A`	-	0	45,000	2,750	-	-	-	-	-	7,000	248	-	-	-	-	40,102	52,550
`9900`	39,620	31,519	84,045	50,447	38,260	34,317	36,727	38,805	36,510	29,408	54,183	64,275	57,701	45,074	46,083	50,803	-33,445
`630`	28,484	27,951	25,988	24,777	24,588	24,588	16,988	16,988	19,988	19,988	41,518	39,618	39,618	29,618	24,618	49,763	4,995
`631/4`	-	0	-7,273	-	-	-	-	-	-	7,273	-	-	-	-	-	-	-
`635/8`	-	-	-	-	-	-	-3,000	-	-	-	-	-	-	-	-	1,500	1,500
`640/8`	661	214	587	564	536	534	532	525	714	600	687	723	590	598	560	2,152	784
`66A`	199	420	9,443	1,170	480	-	410	560	1,170	-	-	3,432	-	-	-	-	-
`9901`	10,276	2,934	55,300	23,937	12,656	9,196	21,798	20,732	14,638	1,548	11,979	23,934	17,494	14,859	20,906	-2,613	-40,724
`75/76B`	-	-	0	209	-	-	-	-	-	7,184	-	676	686	13	558	18	82
`75`	-	-	0	209	-	-	-	-	-	184	-	676	686	13	558	18	82
`76B`	-	-	-	-	-	-	-	-	-	7,000	-	-	-	-	-	-	-
`65/66B`	8,013	8,068	9,520	10,741	11,650	12,002	12,393	13,034	13,706	15,275	15,401	18,124	24,226	22,061	20,282	20,721	13,431
`65`	8,013	8,068	9,520	10,741	11,650	12,002	12,393	13,034	13,706	15,275	15,401	18,124	24,226	22,061	20,282	20,721	13,431
`9903`	2,263	-5,134	45,780	13,405	1,006	-2,806	9,405	7,699	932	-6,544	-3,174	3,054	-6,046	-7,190	1,182	16,786	-1,524
`780`	338	338	197	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`680`	-	0	11,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	1,971	250	1,972	578	-	-	4,582	5,407	-	-	513	1	1	228	100	3,946	-
`9904`	631	-5,046	32,755	12,828	1,006	-2,806	4,823	2,292	932	-6,544	-3,687	3,054	-6,046	-7,418	1,082	12,840	-1,524
`789`	1,014	1,014	592	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	0	33,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	1,645	-4,031	-403	12,828	1,006	-2,806	4,823	2,292	932	-6,544	-3,687	3,054	-6,046	-7,418	1,082	12,840	-1,524
Appropriation of the result
`9906`	-958	-2,603	1,428	1,831	-10,997	-12,003	-9,197	-14,020	-16,311	-17,243	-10,699	-12	-3,066	4,361	11,832	11,316	-1,524
`14P`	-2,603	1,428	1,831	-10,997	-12,003	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,380	54	566	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,380	54	566	-
`694/7`	-	-	-	-	-	-	-	-	-	-	-	7,000	-	-	-	-	-
`695`	-	-	-	-	-	-	-	-	-	-	-	7,000	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	17-07-2026	2026-00306430	PDF
31-12-2024	micro format	28-07-2025	2025-00342750	PDF
31-12-2023	micro format	19-08-2024	2024-00351319	PDF
31-12-2022	micro format	24-07-2023	2023-00280635	PDF
31-12-2021	micro format	02-08-2022	2022-20274184	PDF
31-12-2020	micro format	13-07-2021	2021-35000282	PDF
31-12-2019	micro format	01-09-2020	2020-49800515	PDF
31-12-2018	micro format	12-07-2019	2019-32500274	PDF
31-12-2017	micro format	13-07-2018	2018-33000215	PDF
31-12-2016	abbreviated format	10-07-2017	2017-29500471	PDF
31-12-2015	abbreviated format	27-06-2016	2016-22700023	PDF
31-12-2014	abbreviated format	29-06-2015	2015-23500273	PDF
31-12-2013	abbreviated format	15-07-2014	2014-31600170	PDF
31-12-2012	abbreviated format	18-07-2013	2013-32200286	PDF
31-12-2011	abbreviated format	12-07-2012	2012-28600559	PDF
31-12-2010	abbreviated format	29-07-2011	2011-36100276	PDF
31-12-2009	abbreviated format	28-06-2010	2010-23200561	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
38,761	30,885	81,288	48,714	37,244	33,783	38,785	37,720	34,625	21,535	53,496	63,552	57,111	44,476	45,524	47,150	-35,729
29,115	22,905	58,743	37,604	25,594	21,781	21,810	19,279	20,919	13,444	37,831	42,671	33,571	22,200	25,699	62,603	3,471
14,303	6,156	11,055	5,888	0	105,000	0	0	0	-14,000	14,500	-2,000	50,000	2,000	72,650	377,277	108,592
-12,947	-13,898	33,605	1,215	-858	1,887	280	-1,538	3,090	308	-1,933	1,933	-1,339	-2,888	-32,696	35,077	-
-47,341	-28,141	-12,835	-41,153	-44,276	-41,250	-3,611	-6,584	-10,861	-17,568	-31,550	-39,429	150	-6,314	-1,008	9,990	-31,925
47.4%	43.2%	40.2%	32.0%	26.8%	24.7%	29.5%	27.1%	25.9%	24.3%	24.8%	24.3%	18.1%	20.9%	4.3%	3.9%	4.1%
0.20	0.47	0.75	0.24	0.22	0.27	0.92	0.85	0.71	0.60	0.26	0.15	1.00	0.93	0.99	1.09	0.25
1.04	1.24	1.41	2.13	2.73	3.05	2.39	2.66	2.83	3.08	3.00	3.08	4.48	3.75	22.21	24.30	23.07
0.5%	-3.7%	22.9%	11.7%	1.0%	-2.9%	4.9%	2.4%	1.0%	-7.2%	-3.8%	3.0%	-5.8%	-6.7%	5.8%	73.3%	-32.6%
0.2%	-1.6%	9.2%	3.7%	0.3%	-0.7%	1.4%	0.7%	0.3%	-1.8%	-0.9%	0.7%	-1.0%	-1.4%	0.2%	2.9%	-1.3%
4.84	3.83	8.54	4.54	3.20	-	-	-	-	-	-	-	-	-	-	-	-

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.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€14,303	€6,156	€11,055	€5,888	-
Financial fixed assets	€0	-	-	-	-
	€28,484	€27,951	€25,988	€24,777	€24,588

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on V & O CONSTRUCT

The operating result for 2025 is 3.5 times that of 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 53.5% to 49.1%. Equity is higher and debt is lower.

Board & ownership

Board

1 director

Ovyn Steve

Director

since 21-02-2017

listed in the 2025 annual accounts, filed on 17-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Ovyn Steve
Director

Board

Mandates as a list

Ovyn Steve
- Director, from 21-02-2017 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €6,200
Source: 2025 annual accounts

Network & group

No group

V & O CONSTRUCT has no parent and no holdings in its annual accounts. Ovyn Steve is the only director. V & O CONSTRUCT shares no director with another company.

Timeline

29 events since 2008

Filings

Financial

Establishments

2008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

17-07-2026

Annual accounts 2025 filed NBBmicro format · 14 days before the deadline

13-01-2026

Registered in the Peppol Directory Reachable for e-invoices through 0208:0897789042

2025

31-12-2025

Back to profit net €631 The net result is €631, after one loss-making year.

28-07-2025

Annual accounts 2024 filed PDFmicro format · 3 days before the deadline

2024

19-08-2024

Annual accounts 2023 filed PDFmicro format · 19 days late

2023

31-12-2023

Highest result from 2009 to 2025 net €32,755 ▲155% The operating result of €55,300 and the net result of €32,755 are both a record.

24-07-2023

Annual accounts 2022 filed PDFmicro format · 7 days before the deadline

2022

02-08-2022

Annual accounts 2021 filed PDFmicro format · 2 days late

2021

31-12-2021

Back to profit net €1,006 The net result is €1,006, after one loss-making year.

13-07-2021

Annual accounts 2020 filed PDFmicro format · 18 days before the deadline

2020

01-09-2020

Annual accounts 2019 filed PDFmicro format · 32 days late

2019

12-07-2019

Annual accounts 2018 filed PDFmicro format · 19 days before the deadline

2018

13-07-2018

Annual accounts 2017 filed PDFmicro format · 18 days before the deadline

2017

31-12-2017

Back to profit net €932 The net result is €932, after 2 loss-making years.

10-07-2017

Annual accounts 2016 filed PDFabbreviated format · 21 days before the deadline

2016

27-06-2016

Annual accounts 2015 filed PDFabbreviated format · 34 days before the deadline

2015

29-06-2015

Annual accounts 2014 filed PDFabbreviated format · 32 days before the deadline

2014

31-12-2014

Back to profit net €3,054 The net result is €3,054, after 2 loss-making years.

15-07-2014

Annual accounts 2013 filed PDFabbreviated format · 16 days before the deadline

2013

18-07-2013

Annual accounts 2012 filed PDFabbreviated format · 13 days before the deadline

2012

31-12-2012

Weakest financial year net -€7,418 The net result drops to -€7,418, the lowest from 2009 to 2025. It recovers the following year.

31-12-2012

Equity above €100,000 equity €111,181 ▲498% Equity rises from €18,598 to €111,181.

12-07-2012

Annual accounts 2011 filed PDFabbreviated format · 19 days before the deadline

2011

29-07-2011

Annual accounts 2010 filed PDFabbreviated format · 2 days before the deadline

2010

31-12-2010

Back to profit net €12,840 The net result is €12,840, after one loss-making year.

31-12-2010

Liquidity more than quadruples current ratio 1.09 The current ratio rises from 0.25 to 1.09.

28-06-2010

Annual accounts 2009 filed PDFabbreviated format · 33 days before the deadline

2008

08-05-2008

Incorporation PDFpublished on 19-05-2008

08-05-2008

First establishment V&O Construct, Akkerstraat 108, Beernem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 8 May 2008, V & O CONSTRUCT was incorporated.¹ Total assets went from €347,833 in 2018 to €292,082 in 2025.²

Company details

Identity

Enterprise number: 0897.789.042
VAT number: BE 0897.789.042
Peppol ID: 0208:0897789042
Other Peppol ID: 9925:BE0897789042
Legal form: Private limited company (pre-2019)
Status: Active, normal situation
Founded: 08-05-2008
Financial year: ends on 31 December
Peppol: Reachable since 13-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: V & O CONSTRUCT in Dutch
Entity type: Legal entity

Activities

NACEBEL 2025

68121 Development of residential building projects main activity

Codes under NACEBEL 2008

41101 Real estate development main activity

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Akkerstraat 108B registered office 8730 Beernem
V&O Construct Akkerstraat 108, 8730 Beernem 68110 Buying and selling of own real estate	08-05-2008	2.172.358.055

Buildings and parcels at the address

Ground area: 1,503 m²
Buildings: 121 m²
Volume, LiDAR: 614 m³
Tallest building: 6.9 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
31021E1058/00W000	1,502 m²	1 · 121 m²	6.8 m · 2

Invoicing and payment

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. Use the enterprise number 0897.789.042

Overview

Lifetime

Key points

Turnover

Filings

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on V & O CONSTRUCT

Financials

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency47.4%

Current ratio0.20

Return on assets0.2%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on V & O CONSTRUCT

Board & ownership

Board

Mandates through the years

Control

Capital

Network & group

No group

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Invoicing and payment

in euro

in euro

47.4%

0.20

0.2%