VA&G CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of VA&G CONSTRUCT is 1.9% (moderate). The 2025 annual accounts show equity of €45k and a net result of €-797. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 27559 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+43
Solvency100=
Growth35▼-16
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 21.18 against 20.36 in 2024; short-term debt: 4.6% and cash: 20.3% of total assets), and 4.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
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
95.4%
Return on assets
-1.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-797
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
28 d early
2023
34 d early
2022
34 d early
2021
13 d early
2020
19 d early
2019
18 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€46k▼ 80.2%
2024 · €230k
2018: €178k
2020: €134k
2021: €160k
2022: €357k
2023: €324k
2024: €230k
2018 → 2025
EBIT margin
-0.9%▲ 1.9pp
2024 · -2.9%
2018: 0.7%
2020: 13.2%
2021: -2.2%
2022: 5.5%
2023: 0.0%
2024: -2.9%
2018 → 2025
Net result
€-797▲ 89.9%
2024 · €-8k
2018: €25
2019: €-9k
2020: €15k
2021: €-4k
2022: €15k
2023: €-4k
2024: €-8k
2018 → 2025
Working capital
€43k▲ 5.1%
2024 · €41k
2018: €38k
2019: €22k
2020: €35k
2021: €34k
2022: €44k
2023: €41k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€160k-€357k▲ 123%€324k▼ 9.1%€230k▼ 29.0%€46k▼ 80.2%
Equity€42k-€57k▲ 36.4%€54k▼ 6.3%€46k▼ 14.7%€45k▼ 1.7%
Operating result€-4k-€20k€34▼ 99.8%€-7k€-426▲ 93.6%
Net result€-4k-€15k€-4k€-8k▼ 120%€-797▲ 89.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €426 in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€1k▼ 66.4%
Current assets
€46k▲ 4.9%
Equity and liabilities €47k
Equity
€45k▼ 1.7%
Debt
€2k▲ 0.8%
The debt ratio rises from 4.5% to 4.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▲
2024 · €2k
Cash flow
€2k▲
2024 · €506
Solvency
95.4%▼
2024 · 95.5%
Current ratio
21.18▲
2024 · 20.36
Quick ratio
21.18▲
2024 · 20.36
Debt / equity
0.05▲
2024 · 0.05
ROE
-1.8%▲
2024 · -17.2%
ROA
-1.7%▲
2024 · -16.5%
Interest coverage
6.69▲
2024 · 1.40
Debt
€2k▲
2024 · €2k
Debt ≤ 1 year
€2k▲
2024 · €2k
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€48k€47k▼
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€108-
Furniture and vehicles24€4k€1k▼
Current assets29/58€44k€46k▲
Amounts receivable within one year40/41€39k€35k▼
Trade receivables40€15k€15k=
Other amounts receivable41€23k€19k▼
Cash at bank and in hand54/58€3k€10k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€48k€47k▼
Equity10/15€46k€45k▼
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€38k€37k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45-€91
Taxes450/3-€91
Income statement
Code20242025
Turnover70€230k€46k▼
Non-recurring operating income76A€5k-
Goods, raw materials, services and sundry goods60/61€232k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€2k-
Gross operating margin9900€3k€2k▼
Operating profit (loss)9901€-7k€-426▲
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€1k€371▼
Recurring financial charges65€1k€371▼
Profit (loss) for the period before taxes9903€-8k€-797▲
Profit (loss) for the period9904€-8k€-797▲
Profit (loss) for the period to be appropriated9905€-8k€-797▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€37k▼
Profit (loss) brought forward from the previous period14P€46k€38k▼
The notes to these accounts (4 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 20.36
Current ratio from 6.12 to 20.36; short-term debt falls from €8k to €2k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-9k ▼36728%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
10-10-2025
Prodan Serghei: Resigned as Director
19-09-2024
CONDREA GHEORGHITA: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 1 establishment unit since 2013
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.
Strijdersstraat 31082 Sint-Agatha-BerchemGround area
179 m²
Building footprint
89 m²
Volume, LiDAR
958 m³
Parcel 21342B0084/00H002, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VA&VA&
since 20132.219.862.420
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0084/00H002 | Brussels | 179 m² | 1 · 88 m² | 14.2 m · 4 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.
Statutory auditor
2 auditors| CARACAS ALEXANDRU Statutory auditor | - → 31-12-2017 |
Show 1 earlier auditors
| CONDREA VERONICA Statutory auditor | - → 31-12-2017 |
Similar companies · same sector, comparable size
Delporte père et fils
BE 0883.213.506
Ottignies-Louvain-la-Neuve · Eq €45k
BLOMMAERTS
BE 0845.304.322
Buggenhout · Eq €45k
MAN CONSTRUCTING
BE 0644.592.417
Sint-Jans-Molenbeek · Eq €45k
POOL & HOUSE
BE 0891.411.291
Westerlo · Eq €45k
ID4U
BE 0865.389.062
Anderlecht · Eq €45k
Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 6,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2013
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.