Equity
Equity rose in 2025 from €7,941 to €78,586.
Equity rose in 2025 from €7,941 to €78,586.
The accounts state no turnover.
Debts rose by €207,779 in 2025.
Short-term debts rose from €8,542 to €217,820.
Eight of the last ten came late. The 2021 accounts came latest: 1,104 days after the end of the period.
Higher net result than 92% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
In July 2024, 3,819 companies had the same profile as VAB CONSTRUCT has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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.
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.
| 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.
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.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €430,000. Estimated: probably between €300,000 and €660,000.
Higher than 33% of 10,152 companies in 2025.
Higher than 38% of 9,863 companies in 2025.
Higher than 79% of 9,951 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
296,407 | 17,983 | 17,983 | 17,983 | 31,722 | 34,713 | 33,064 | 33,825 | 40,894 | 51,482 | 46,480 | 61,201 | 51,943 | 64,306 | 78,807 | 69,889 | 61,329 | |
21/28 |
100 | 100 | 100 | 100 | 10,626 | 10,626 | 1,208 | 2,315 | 3,657 | 5,633 | 4,188 | 10,837 | 17,648 | 20,587 | 26,297 | 12,292 | 20,160 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 164 | |
22/27 |
- | - | - | - | 10,526 | 10,526 | 1,108 | 2,215 | 3,557 | 5,323 | 3,878 | 10,527 | 17,338 | 20,277 | 25,987 | 11,982 | 19,686 | |
24 |
- | - | - | - | 10,526 | 10,526 | 1,108 | 2,215 | 3,557 | 5,267 | 1,920 | 3,864 | 5,969 | 4,483 | 5,543 | 10,460 | 15,982 | |
26 |
- | - | - | - | - | - | - | - | - | 56 | 289 | 515 | 741 | 687 | 857 | 1,026 | 1,197 | |
28 |
100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | 310 | |
29/58 |
296,307 | 17,883 | 17,883 | 17,883 | 21,096 | 24,087 | 31,856 | 31,510 | 37,237 | 45,849 | 42,292 | 50,364 | 34,295 | 43,719 | 52,510 | 57,597 | 41,169 | |
40/41 |
291,970 | 17,883 | 17,883 | 17,883 | 21,096 | 24,087 | 31,856 | 31,510 | 35,896 | 42,755 | 32,347 | 33,327 | 23,909 | 19,765 | 13,317 | 11,039 | 4,105 | |
40 |
286,583 | 15,658 | 15,658 | 15,658 | 20,919 | 22,833 | 20,775 | 20,626 | 19,620 | 25,406 | 19,948 | 24,291 | 16,736 | 11,838 | 8,880 | 8,686 | 2,410 | |
41 |
5,387 | 2,225 | 2,225 | 2,225 | 177 | 1,254 | 11,081 | 10,884 | 16,276 | 17,349 | 12,399 | 9,036 | 7,173 | 7,927 | 4,437 | 2,353 | 1,695 | |
54/58 |
4,137 | - | - | - | - | - | - | - | 1,341 | 3,094 | 9,318 | 14,255 | 8,945 | 23,763 | 39,100 | 46,524 | 36,946 | |
490/1 |
200 | - | - | - | - | - | - | - | - | - | 627 | 2,782 | 1,441 | 191 | 93 | 34 | 118 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
296,407 | 17,983 | 17,983 | 17,983 | 31,722 | 34,713 | 33,064 | 33,825 | 40,894 | 51,482 | 46,480 | 61,201 | 51,943 | 64,306 | 78,807 | 69,889 | 61,329 | |
10/15 |
78,586 | 7,941 | 7,941 | 7,941 | 24,254 | 23,377 | 26,671 | 28,255 | 36,018 | 44,955 | 45,960 | 53,072 | 44,280 | 52,042 | 62,460 | 62,347 | 47,398 | |
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 | |
10 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
14 |
70,526 | -119 | -119 | -119 | 16,194 | 15,317 | 18,611 | 20,195 | 27,958 | 36,895 | 37,900 | 45,012 | 36,220 | 43,982 | 54,400 | 54,287 | 39,338 | |
17/49 |
217,820 | 10,042 | 10,042 | 10,042 | 7,469 | 11,336 | 6,393 | 5,570 | 4,876 | 6,527 | 520 | 8,129 | 7,663 | 12,264 | 16,347 | 7,542 | 13,931 | |
17 |
- | - | - | - | - | - | - | - | - | 425 | 290 | 3,610 | 7,305 | 12,264 | 12,691 | 5,223 | 10,516 | |
170/4 |
- | - | - | - | - | - | - | - | - | 425 | 290 | 3,610 | 7,305 | 12,264 | 12,691 | 5,223 | 10,516 | |
42/48 |
217,820 | 8,542 | 8,542 | 8,542 | 5,969 | 9,836 | 4,393 | 3,770 | 1,876 | 6,102 | 230 | 4,519 | 358 | - | 3,656 | 2,162 | 3,415 | |
42 |
5,762 | - | - | - | - | - | - | - | 425 | 2,510 | - | - | - | 0 | - | - | - | |
43 |
- | 5,762 | 5,762 | 5,762 | 4,192 | 4,794 | 3,349 | 1,643 | - | - | - | 1,929 | - | - | 1,623 | 1,335 | 1,628 | |
430/8 |
- | 5,762 | 5,762 | 5,762 | 4,192 | 4,794 | 3,349 | 1,643 | - | - | - | 1,929 | - | - | 1,623 | 1,335 | 1,628 | |
44 |
64,863 | - | - | - | - | 1,267 | 994 | 2,083 | 870 | 2,649 | 150 | - | 358 | - | 1,599 | 348 | 1,416 | |
440/4 |
64,863 | - | - | - | - | 1,267 | 994 | 2,083 | 870 | 2,649 | 150 | 0 | 358 | - | 1,599 | 348 | 1,416 | |
45 |
60,865 | 1,171 | 1,171 | 1,171 | 158 | 159 | 50 | 44 | 581 | 943 | 80 | 2,590 | - | - | 434 | 479 | 371 | |
450/3 |
20,865 | 1,171 | 1,171 | 1,171 | 158 | 159 | 50 | 44 | 581 | 943 | 80 | 2,590 | - | - | 434 | 479 | 371 | |
454/9 |
40,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
86,331 | 1,609 | 1,609 | 1,609 | 1,618 | 3,616 | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 2,000 | 1,800 | 3,000 | - | - | - | - | - | - | 157 | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 5,900 | - | - | - | - | - | 5,950 | - | |
9900 |
130,439 | - | 0 | 9,048 | 2,819 | -163 | 1,134 | -4,812 | -5,687 | 678 | 2,829 | 17,445 | 1,386 | -2,046 | 14,049 | 19,635 | -10,331 | |
62 |
41,836 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
- | - | - | 10,526 | - | 1,891 | 1,108 | 1,342 | 1,765 | 4,094 | 6,649 | 6,811 | 7,300 | 6,690 | 10,235 | 8,885 | 8,687 | |
631/4 |
- | - | - | 13,463 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,161 | - | - | 671 | 1,107 | 466 | 829 | 884 | 779 | 1,826 | 2,442 | 921 | 788 | 447 | 2,449 | 393 | 610 | |
9901 |
87,442 | - | 0 | -15,612 | 1,712 | -2,520 | -803 | -7,038 | -8,231 | -5,242 | -6,262 | 9,713 | -6,702 | -9,183 | 1,365 | 10,357 | -19,628 | |
75/76B |
- | - | - | - | - | - | - | - | - | 5,900 | 23 | 1 | 44 | 40 | 191 | 123 | 558 | |
75 |
- | - | - | - | - | - | - | - | - | - | 23 | 1 | 44 | 40 | 191 | 123 | 558 | |
76B |
- | - | - | - | - | - | - | - | - | 5,900 | - | - | - | - | - | - | - | |
65/66B |
270 | - | - | 700 | 836 | 665 | 731 | 725 | 651 | 1,565 | 802 | 922 | 1,098 | 1,267 | 1,424 | 1,465 | 1,577 | |
65 |
270 | - | - | 700 | 836 | 665 | 731 | 725 | 651 | 1,565 | 802 | 922 | 1,098 | 1,267 | 1,424 | 1,465 | 1,577 | |
9903 |
87,172 | - | 0 | -16,312 | 876 | -3,185 | -1,534 | -7,763 | -8,882 | -907 | -7,041 | 8,792 | -7,756 | -10,410 | 132 | 14,965 | -20,647 | |
67/77 |
16,527 | - | - | - | - | 109 | 50 | - | 55 | 98 | 71 | - | 6 | 8 | 19 | 16 | 68 | |
9904 |
70,645 | - | 0 | -16,312 | 876 | -3,294 | -1,584 | -7,763 | -8,937 | -1,005 | -7,112 | 8,792 | -7,762 | -10,418 | 113 | 14,949 | -20,715 | |
9905 |
70,645 | - | 0 | -16,312 | 876 | -3,294 | -1,584 | -7,763 | -8,937 | -1,005 | -7,112 | 8,792 | -7,762 | -10,418 | 113 | 14,949 | -20,715 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
70,526 | -119 | -119 | -119 | 16,194 | 15,317 | 18,611 | 20,195 | 27,958 | 36,895 | 37,900 | 45,012 | 36,220 | 43,982 | 54,400 | 54,287 | 39,338 | |
14P |
-119 | -119 | -119 | 16,194 | 15,317 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 3 older financial years (2006-2008) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-06-2026 | 2026-00131833 | |
| 31-12-2024 | micro format | 02-04-2026 | 2026-00070920 | |
| 31-12-2023 | full format | 23-08-2025 | 2025-00394990 | |
| 31-12-2022 | full format | 23-08-2025 | 2025-00394983 | |
| 31-12-2021 | full format | 08-08-2025 | 2025-00365426 | |
| 31-12-2020 | full format | 10-07-2021 | 2021-35000213 | |
| 31-12-2019 | full format | 10-10-2020 | 2020-61300142 | |
| 31-12-2018 | full format | 28-08-2019 | 2019-62700005 | |
| 31-12-2017 | full format | 13-09-2018 | 2018-62800213 | |
| 31-12-2016 | full format | 30-08-2017 | 2017-50700337 | |
| 31-12-2015 | full format | 30-09-2016 | 2016-63900074 | |
| 31-12-2014 | full format | 31-08-2015 | 2015-56900233 | |
| 31-12-2013 | full format | 04-11-2014 | 2014-66700555 | |
| 31-12-2012 | full format | 24-09-2013 | 2013-59400313 | |
| 31-12-2011 | full format | 28-09-2012 | 2012-59900378 | |
| 31-12-2010 | full format | 17-08-2011 | 2011-42000312 | |
| 31-12-2009 | full format | 05-08-2010 | 2010-39500024 | |
| 31-12-2008 | full format | 24-08-2009 | 2009-59900055 | |
| 31-12-2007 | full format | 08-08-2008 | 2008-53900176 | |
| 31-12-2006 | full format | 12-07-2007 | 2007-38800090 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | -5,086 | - | -629 | 305 | -5,696 | -6,466 | -1,148 | 387 | 16,524 | 598 | -2,493 | 11,600 | 19,242 | -10,941 | ||
| - | - | - | -5,786 | - | -1,403 | -476 | -6,421 | -7,172 | 3,089 | -463 | 15,603 | -462 | -3,728 | 10,348 | 23,834 | -12,028 | ||
| - | - | - | 0 | - | 11,309 | 1 | 0 | -211 | 5,538 | 0 | 0 | 4,361 | 980 | 24,240 | 1,017 | 2,603 | ||
| - | - | - | - | - | - | - | - | -1,753 | -6,224 | -4,937 | 5,310 | -14,818 | -15,337 | -7,424 | 9,578 | - | ||
| 78,486 | 9,341 | 9,341 | 9,341 | 15,127 | 14,251 | 27,463 | 27,740 | 35,361 | 39,747 | 42,062 | 45,845 | 33,937 | - | 48,854 | 55,435 | 37,754 | ||
| 26.5% | 44.2% | 44.2% | 44.2% | 76.5% | 67.3% | 80.7% | 83.5% | 88.1% | 87.3% | 98.9% | 86.7% | 85.2% | 80.9% | 79.3% | 89.2% | 77.3% | ||
| 1.36 | 2.09 | 2.09 | 2.09 | 3.53 | 2.45 | 7.25 | 8.36 | 19.85 | 7.51 | - | 11.14 | 95.80 | - | 14.36 | 26.64 | 12.06 | ||
| 2.77 | 1.26 | 1.26 | 1.26 | 0.31 | 0.48 | 0.24 | 0.20 | 0.14 | 0.15 | 0.01 | 0.15 | 0.17 | 0.24 | 0.26 | 0.12 | 0.29 | ||
| 89.9% | - | 0.0% | -205.4% | 3.6% | -14.1% | -5.9% | -27.5% | -24.8% | -2.2% | -15.5% | 16.6% | -17.5% | -20.0% | 0.2% | 24.0% | -43.7% | ||
| 23.8% | - | 0.0% | -90.7% | 2.8% | -9.5% | -4.8% | -23.0% | -21.9% | -2.0% | -15.3% | 14.4% | -14.9% | -16.2% | 0.1% | 21.4% | -33.8% | ||
| - | - | - | -7.27 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
The operating result for 2025 is €87,442, against €0 in 2023. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total rises from 55.8% to 73.5%. Equity and debt are higher.
VAB CONSTRUCT has no parent and no holdings in its annual accounts.
| Dental Center DL
registered office since 20-01-2006 · founded in 2006 |
total assets €37,750 (2025) 0878.786.544 |
| Yordanov, Krasimir (sole trader)
establishment since 01-04-2022 |
founded in 2022 0774.325.660 |
| Dimitrov, Vasko (sole trader)
establishment since 12-05-2021 |
founded in 2021 0768.401.534 |
See the function holders in the KBO register.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Sint-Annastraat 2 registered office 1800 Vilvoorde | 10-01-2006 | 2.150.927.092 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23088A0102/00W003 | 168 m² | 1 · 82 m² | 11.8 m · 3 |
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 0878.320.548
If something looks wrong or is missing, please tell us.