V2M CONSTRUCT
ActiveV2M CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-11k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 23% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-25
Solvency39▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.7 in 2024; short-term debt: 86.3% and cash: 51.3% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
-2.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2176 sector peers (2025).
NBB · sector comparisonPosition among 2176 sector peers
Solvency
better than 23%
← weakest
strongest →
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
29 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
1 d early
2019
31 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€54k▼ 71.7%
2024 · €190k
2018: €0
2019: €27k
2020: €18k
2021: €143k
2022: €135k
2023: €153k
2024: €190k
2018 → 2025
Total assets
€393k▼ 24.1%
2024 · €519k
2019: €75k
2020: €589k
2021: €400k
2022: €299k
2023: €355k
2024: €519k
2019 → 2025
Net result
€-11k
2024 · €37k
2019: €27k
2020: €-9k
2021: €125k
2022: €-8k
2023: €18k
2024: €37k
2019 → 2025
Working capital
€-85k▲ 15.2%
2024 · €-100k
2019: €27k
2020: €172k
2021: €104k
2022: €48k
2023: €30k
2024: €-100k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€143k-€135k▼ 5.6%€153k▲ 13.7%€190k▲ 24.1%€54k▼ 71.7%
Operating result€206k-€-8k€27k€51k▲ 89.3%€-14k
Net result€125k-€-8k€18k€37k▲ 101%€-11k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €14k after €51k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €393k
Fixed assets
€139k▼ 52.2%
Current assets
€255k▲ 11.5%
Equity and liabilities €393k
Equity
€54k▼ 71.7%
Debt
€340k▲ 3.4%
The debt ratio rises from 63.4% to 86.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€184k
Cash flow
€187k
Solvency
13.7%▼
2024 · 36.6%
Current ratio
0.75▲
2024 · 0.70
Quick ratio
0.75▲
2024 · 0.70
Debt / equity
6.32▲
2024 · 1.73
ROE
-20.6%▼
2024 · 19.4%
ROA
-2.8%▼
2024 · 7.1%
Debt
€340k▲
2024 · €329k
Debt ≤ 1 year
€340k▲
2024 · €329k
Income taxes
€-1k▼
2024 · €14k
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€519k€393k▼
Fixed assets21/28€290k€139k▼
Tangible fixed assets22/27€290k€139k▼
Land and buildings22€198k-
Assets under construction and advance payments27€92k€139k▲
Current assets29/58€229k€255k▲
Stocks and contracts in progress3-€500
Stocks30/36-€500
Amounts receivable within one year40/41€63k€52k▼
Other amounts receivable41€63k€52k▼
Current investments50/53€100k-
Cash at bank and in hand54/58€66k€202k▲
Equity and liabilities
Total equity and liabilities10/49€519k€393k▼
Equity10/15€190k€54k▼
Contributions10/11€14k€14k=
Reserves13€182k€57k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€180k€57k▼
Profit (loss) carried forward14€-7k€-18k▼
Amounts payable17/49€329k€340k▲
Amounts payable within one year42/48€329k€340k▲
Trade debts44-€34k
Suppliers440/4-€34k
Advances received on contracts in progress46€107k€7k▼
Taxes, remuneration and social security45€92k€51k▼
Taxes450/3€92k€51k▼
Other amounts payable47/48€130k€248k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€198k
Other operating charges640/8€900€762▼
Gross operating margin9900€52k€185k▲
Operating profit (loss)9901€51k€-14k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Profit (loss) for the period before taxes9903€51k€-12k▼
Income taxes67/77€14k€-1k▼
Profit (loss) for the period9904€37k€-11k▼
Profit (loss) for the period to be appropriated9905€37k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€-18k▼
Profit (loss) brought forward from the previous period14P€-7k€-7k=
Transfer from equity791/2-€125k
Transfer to equity691/2€37k-
To other reserves6921€37k-
Profit to be distributed694/7-€125k
Return on contributions (dividend)694-€125k
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 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-11k ▼130%
Net result drops to €-11k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €150kEq €153k ▲13.7%
Equity rises from €135k to €153k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €125k
Net result €125k after one loss-making year.
31-12
Financial
Equity above €100kEq €143k ▲713%
Equity rises from €18k to €143k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.54
Current ratio from 1.55 to 3.54.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 396 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 2007
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.
Oosthamsesteenweg 762491 BalenGround area
2,100 m²
Building footprint
148 m²
Volume, LiDAR
830 m³
Parcel 13030D0096/00A002, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V2M CONSTRUCT
since 20072.169.599.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030D0096/00A002 | Flanders | 2,100 m² | 1 · 148 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
BOUW-MEE
BE 0784.597.960
Leuven · Eq €54k
COOPERATIVE CONSTRUCTORS
BE 0870.627.656
Waterloo · Eq €54k
JINTERIM
BE 0772.545.216
Kortrijk · Eq €54k
AVG Company
BE 0783.852.842
Wezembeek-Oppem · Eq €54k
IDEAL CONSTRUCT
BE 0720.486.603
Manage · Eq €54k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.