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VAG Construct

Active Private limited companyfounded 2023active for 3 yearsBergensesteenweg 24, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0797.332.773

Lifetime

2 annual accounts with figures on one time axis
peak €522,722 (2024)
€522,722▲ 34.9%
peak €76,809 (2024)
€76,809▲ 27.7%
peak €137,447 (2024)
€137,447▲ 127%
€64,213▼ 62.5%
Board1 name since 2023
1 director
Documentsfilings and deeds
08-10-202569 days late
2024micro format
Turnover from €387,570 to €522,722Gross margin from €78,574 to €97,627Result from €60,138 to €76,809Equity from €60,638 to €137,447Debts from €171,195 to €64,213

Key points

from the 2024 annual accounts

Equity

€137,447 ▲ 127%
€60,6002023€137,0002024

Equity rose in 2024 from €60,638 to €137,447.

Payment terms

100 days from customers
Customers
157 to 100

Customers pay 57 days earlier.

Liquidity

3.14 was 1.35 in 2023

Short-term debts fell from €171,195 to €64,213.

Position in the sector

€76,809

Higher net result than 93% of companies in specialised construction. Sector median €9,463 · 36,017 companies.

2025 accounts not filed, 104 days past the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,274 companies had the same profile as VAG Construct has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% 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 39,274 companies, not a prediction for VAG 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

Director
  • 100 sharesdeed of 20-01-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0797332773
Incorporation Founding capital of €500, 100 shares · Founder: (comparant) · Appointment: (director) · published on 20-01-2023 · Gazette deed
First establishment de Smet de Naeyerlaan 292, Jette
All 7 events

Comparable companies

same main activity, similar in size and age
Company
VAG Construct Sint-Pieters-Leeuw €201,660 €97,627 68.2% -
VDV DRILLING Scherpenheuvel-Zichem €181,070 €104,997 64.4% -
J. Deraedt Spiere-Helkijn €265,710 €100,686 50.4% -
MAYACOM.BE Anderlecht €196,190 €88,495 58.4% -
VAN HERCK DENNIS Dessel €215,171 €80,952 4.6% -
JONAS VERBEKE Moorslede €150,965 €88,788 85.9% -
DECOP BETON La Louvière €149,395 €106,806 89.3% -

These companies have the same main activity as VAG Construct: specialised construction activities (NACE 43130). They are comparable in size and age: total assets between €149,000 and €266,000, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 18-01-2023Normal situation
Registered office
619 active companies are registered at this address121 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Specialised construction activitiesNACE 43130and 4 others
Establishment unit
2.340.451.5331090 Jette, since 18-01-2023
Financial year end
31 December
Peppol
Reachable since 31-07-2026
Company details

Annual accounts 2024

€201,660▼ 13.0%
≈ 0 FTEestimated
Filing
Filed on 08-10-2025
Financials

Insights on VAG Construct

Solvency rose in 2024 from 26.2% to 68.2% because of the retained profit and lower debts.

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 VAG Construct

What is the company number of VAG Construct?
The company number of VAG Construct is 0797.332.773. The VAT number is the same number with BE in front: BE 0797.332.773.
Where is VAG Construct based?
The registered office is at Bergensesteenweg 24, 1600 Sint-Pieters-Leeuw.Company details
What does VAG Construct do?
According to the KBO register, the main activity is specialised construction activities (NACE 43130).
What is the legal form of VAG Construct?
VAG Construct is a private limited company (BV).
When was VAG Construct founded?
VAG Construct was founded on 18-01-2023.
Is VAG Construct still active?
Yes, VAG Construct is an active enterprise in the KBO register.
What is the turnover of VAG Construct?
The turnover of VAG Construct was €522,722 in financial year 2024, according to the filed annual accounts.Financials
Is VAG Construct profitable?
In financial year 2024, VAG Construct made a profit of €76,809.
Where can I find the annual accounts of VAG Construct?
VAG Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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