Losses
Every financial year from 2019 to 2025 closed with a loss. 2023 was the heaviest.
Every financial year from 2019 to 2025 closed with a loss. 2023 was the heaviest.
The 2025 accounts came latest: 31 days after the end of the period.
Less equity than 88% of companies in construction of buildings. Sector median €194,387 · 2,818 companies.
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 53% of them on solvency, 75% on liquidity, 5% on profitability and 9% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,591 companies had the same profile as VAN LOOCK CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VAN LOOCK CONSTRUCT itself: 1.5% within 12 months.
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,591 companies, not a prediction for VAN LOOCK 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.
Net loss of at least half of total assets or of the equity at the start of the financial year.
The balance sheet total is too small for a liquidity verdict.
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.
The company filed its last 7 accounts on average 15 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VAN LOOCK CONSTRUCT Heist-op-den-Berg | €4,189 | -€1,923 | 45.0% | - |
| BOHUS Kruisem | €4,501 | -€1,485 | -246.5% | - |
| FIPAMA Andenne | €4,563 | -€1,456 | 94.2% | - |
| FORMWORK BELGIAN Zaventem | €4,789 | -€17,063 | -1492.8% | - |
| ZADA MARKET Maasmechelen | €5,436 | -€15,369 | -652.7% | - |
| Prestige Construction Andenne | €5,607 | -€23,626 | -1115.8% | - |
| Commorreal Construct Harelbeke | €3,577 | -€5,321 | -2475.2% | - |
These companies have the same main activity as VAN LOOCK CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €3,580 and €5,610, founded between 2019 and 2020.
VAN LOOCK CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from -€1,236 in 2019 to -€1,923 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Higher than 77% of 2,073 companies in 2024.
Higher than 75% of 2,030 companies in 2024.
Lower than 95% of 2,054 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
4,189 | 6,732 | 8,289 | 11,477 | 15,849 | 17,583 | 19,246 | |
29/58 |
4,189 | 6,732 | 8,289 | 11,477 | 15,849 | 17,583 | 19,246 | |
3 |
0 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | |
30/36 |
0 | 2,500 | 2,500 | 2,500 | 2,500 | - | - | |
40/41 |
2,563 | 2,677 | 2,330 | 2,094 | 1,520 | 437 | 666 | |
40 |
45 | - | 0 | 371 | 182 | 0 | 446 | |
41 |
2,518 | 2,677 | 2,330 | 1,723 | 1,339 | 437 | 220 | |
54/58 |
1,626 | 1,555 | 3,459 | 6,883 | 11,829 | 17,147 | 18,580 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
4,189 | 6,732 | 8,289 | 11,477 | 15,849 | 17,583 | 19,246 | |
10/15 |
1,883 | 4,381 | 6,653 | 10,066 | 12,150 | 14,299 | 16,554 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | |
14 |
-16,717 | -14,219 | -11,947 | -8,534 | -6,450 | -4,301 | -2,046 | |
17/49 |
2,305 | 2,351 | 1,636 | 1,411 | 3,699 | 3,284 | 2,692 | |
42/48 |
2,305 | 2,351 | 1,636 | 1,411 | 3,699 | 3,284 | 2,692 | |
44 |
305 | 351 | 1,636 | 1,411 | 1,235 | 820 | 596 | |
440/4 |
305 | 351 | 1,636 | 1,411 | 1,235 | 820 | 596 | |
47/48 |
2,000 | 2,000 | - | 0 | 2,464 | 2,464 | 2,096 | |
| Income statement | ||||||||
9900 |
-1,923 | -1,717 | -2,823 | -1,588 | -1,648 | -1,774 | -1,236 | |
640/8 |
520 | 505 | 543 | 450 | 449 | 448 | 793 | |
9901 |
-2,442 | -2,222 | -3,366 | -2,037 | -2,097 | -2,221 | -2,029 | |
65/66B |
55 | 49 | 47 | 47 | 53 | 33 | 17 | |
65 |
55 | 49 | 47 | 47 | 53 | 33 | 17 | |
9903 |
-2,498 | -2,271 | -3,413 | -2,084 | -2,149 | -2,254 | -2,046 | |
9904 |
-2,498 | -2,271 | -3,413 | -2,084 | -2,149 | -2,254 | -2,046 | |
9905 |
-2,498 | -2,271 | -3,413 | -2,084 | -2,149 | -2,254 | -2,046 | |
| Appropriation of the result | ||||||||
9906 |
-16,717 | -14,219 | -11,947 | -8,534 | -6,450 | -4,301 | -2,046 | |
14P |
-14,219 | -11,947 | -8,534 | -6,450 | -4,301 | - | - | |
| Document | ||||||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00459207.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00459207 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00430073 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00402949 | |
| 31-12-2022 | abbreviated format | 18-07-2023 | 2023-00243879 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20348673 | |
| 31-12-2020 | abbreviated format | 16-07-2021 | 2021-35900292 | |
| 31-12-2019 | abbreviated format | 11-08-2020 | 2020-40200022 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 71 | -1,904 | -3,424 | -4,946 | -5,317 | -1,434 | - | ||
| 1,883 | 4,381 | 6,653 | 10,066 | 12,150 | 14,299 | 16,554 | ||
| - | 65.1% | 80.3% | 87.7% | 76.7% | 81.3% | 86.0% | ||
| - | 2.86 | 5.07 | 8.14 | 4.28 | 5.35 | 7.15 | ||
| - | 1.80 | 3.54 | 6.36 | 3.61 | 5.35 | 7.15 | ||
| - | 0.54 | 0.25 | 0.14 | 0.30 | 0.23 | 0.16 | ||
| - | -51.8% | -51.3% | -20.7% | -17.7% | -15.8% | -12.4% | ||
| - | -33.7% | -41.2% | -18.2% | -13.6% | -12.8% | -10.6% |
The ratios are withheld because a balance sheet total of €4,189 is too small for a meaningful ratio.
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 a loss of €2,442, larger than the loss of €2,222 in 2024.
Debt's share of the balance-sheet total rises from 34.9% to 55.0%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
1 other company of this director went bankrupt (2024) and 1 was struck off by the FPS Economy (2025).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
VAN LOOCK CONSTRUCT has no parent and no holdings in its annual accounts.
| VAN LOOCK HOLDING
registered office since 05-02-2016 · founded in 2016 |
3 FTE (2025) 0647.883.388 |
| VAN LOOCK PROJECT
registered office since 18-06-2012 · founded in 2012 |
total assets €5.0m (2025) 0846.741.902 |
| VAN LOOCK & CO
registered office since 13-08-2010 · founded in 2010 |
13 FTE (2025) 0828.521.045 |
| Van Loock Invest
registered office since 26-06-2014 · founded in 2014 |
total assets €673,264 (2025) 0554.780.711 |
| Elektro - Kempen
establishment since 17-03-1972 · founded in 1972 |
total assets €538,681 (2025) 0412.087.573 |
| CUCINA
registered office since 15-12-2019 · founded in 2019 |
1.2 FTE (2025) 0737.700.044 |
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
VAN LOOCK CONSTRUCT was incorporated on 20 December 2018 by DE PUTSE BOTERHOEK, HET EINDEKE and LANDEKEN, with a starting capital of €18,600.12 Total assets fell from €19,246 in 2019 to €4,189 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Westmeerbeeksteenweg 43 registered office 2221 Heist-op-den-Berg | 20-12-2018 | 2.287.038.185 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12006C0404/00E000 | 1.2 ha | 1 · 3,409 m² | 8.0 m · 2 |
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 0716.694.002
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