19 annual accounts with figures on one time axis, 29 filings since 1996
peak €20,353 (2022)
-€1,485▼ €2,698
lowest -€5,604 (2012)
-€4,199▼ €1,628
peak €31,888 (2023)
€25,119▼ 14.3%
€8,051▲ 162%
Board2 names since 2021
1 directorName after signing inVisible after signing in
Documentsfilings and deeds
29-08-202629 days late
2025micro format
Turnover from €2,400 to €4,810Gross margin from €1,213 to -€1,485Loss of €4,199Registered office moved from Asse to Linkebeek03-10Equity from €29,318 to €25,119Debts from €3,074 to €8,051
Lower net result than 82% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 5,828 companies had the same profile as V V 1 has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Micro
20 years or older
solvency 30% or more
a loss of 10% of the balance sheet or more
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
2.9%
3.1%
10
5.6%
6.1%
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 5,828 companies, not a prediction for V V 1. 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.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456364610
Registered office moved from Asse to Linkebeek
Transfer of shares from Name after signing inVisible after signing in to Name hiddenVisible after signing in · New registered office: Alsembergsesteenweg 34 bus 62, 1630 Linkebeek · Previous registered office: Muurveld 11, 1730 Asse · General meeting of 19-09-2025 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
General meeting of 07-02-2024 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as V V 1: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €28,700 and €48,200, founded between 1987 and 2000.