Equity
€78,586 ▲ 890%
Equity rose in 2025 from €7,941 to €78,586.
VAB CONSTRUCT
Lifetime
17 annual accounts with figures on one time axis, 20 filings since 2006peak €130,439 (2025)
€130,439
lowest -€20,715 (2009)
€70,645
peak €78,586 (2025)
€78,586▲ 890%
€217,820▲ 22×
Board4 names since 2021
-
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Equity from €7,941 to €78,586Debts from €10,042 to €217,820
Key points
from the 2025 annual accountsTurnover
≈ €430,000 estimated
The accounts state no turnover.
Debts
€217,820 ▲ 22×
Debts rose by €207,779 in 2025.
Liquidity
1.36 was 2.09 in 2024
Short-term debts rose from €8,542 to €217,820.
Filings
20 annual accounts since 2006
Eight of the last ten came late. The 2021 accounts came latest: 1,104 days after the end of the period.
Position in the sector
€70,645
Higher net result than 92% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,819 companies had the same profile as VAB CONSTRUCT has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% 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.
| 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 3,819 companies, not a prediction for VAB 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
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Signals
Board and ownership
last known boardDirector, last mentioned in 2024
Director, until 2024
- all the sharesdeed of 16-01-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878320548
Resignation: (director)
Transfer of shares from to · Appointment: (director) · General meeting of 04-01-2024 · Gazette deed
Registered office moved to Vilvoorde
New registered office: de Sint-Anna straat 2 bus 1 1800 Vilvoorde · Previous registered office: Vlaams Gewest · General meeting of 01-08-2023 · Gazette deed
Company renamed from GUN RECORDS to VAB Construct
Resignation: (manager) · Appointment: (director) · “De studie en uitvoering van alle mogelijke particuliere en openbare bouwwerken; Alle mogelijke verrichtingen…” (deed in Dutch) · General meeting of 07-04-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VAB CONSTRUCT Vilvoorde | €296,407 | €130,439 | 26.5% | - |
| DEVELBOUW Roosdaal | €292,964 | €132,833 | 35.4% | - |
| KLINKERWERKEN VERDONCK Aarschot | €307,483 | €127,216 | 41.2% | - |
| Moonens Freddy & Bart Pajottegem | €278,910 | €125,232 | 20.2% | 1.3 |
| ENTREPRISE DE CONSTRUCTION RENOTTE Beloeil | €318,227 | €126,477 | 47.6% | - |
| F.R.CONSTRUCT Manage | €276,116 | €124,031 | 45.1% | - |
| JMV entreprise Mettet | €306,024 | €122,775 | 20.3% | - |
These companies have the same main activity as VAB CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €276,000 and €318,000, founded between 2003 and 2008.
Official details
Source: KBO- Status
- Active since 03-01-2006Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.150.927.0921800 Vilvoorde, since 10-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 09-04-2026
Annual accounts 2025
- €296,407▲ 16×
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on VAB CONSTRUCT
VAB CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€10,331 in 2009 to €130,439 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VAB CONSTRUCT
- What is the company number of VAB CONSTRUCT?
- The company number of VAB CONSTRUCT is 0878.320.548. The VAT number is the same number with BE in front: BE 0878.320.548.
- Where is VAB CONSTRUCT based?
- The registered office is at Sint-Annastraat 2, 1800 Vilvoorde.Company details
- What does VAB CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VAB CONSTRUCT?
- VAB CONSTRUCT is a private limited company (BV).
- When was VAB CONSTRUCT founded?
- VAB CONSTRUCT was founded on 03-01-2006.
- Is VAB CONSTRUCT still active?
- Yes, VAB CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of VAB CONSTRUCT?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €130,439 and 97 comparable companies (NACE 41001). It probably lies between €300,000 and €660,000.Financials
- Is VAB CONSTRUCT profitable?
- In financial year 2025, VAB CONSTRUCT made a profit of €70,645.
- Where can I find the annual accounts of VAB CONSTRUCT?
- VAB CONSTRUCT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VAB CONSTRUCT due?
- VAB CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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