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VANCO CONSTRUCT

Active Risk: not assessed
Private limited companyfounded 2020active for 5 yearsNieuwstad 18, 9255 Buggenhout, BelgiumKBO/BCE: BE 0759.648.273
Summary

VANCO CONSTRUCT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €762,900 and a net result of €76,383. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 83% of 11,012 sector peers (NACE 68, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Development of non-residential building projects
NACE 68122
1 site
Size
€984,783total assets 2025
Equity
€762,900
Profit
€76,383
Turnover not published (abbreviated format)
Financial health
Holding: outside the score modelBankruptcy probability: sector outside the model
Structure
Holdings
1
Accounts 4 days early0 of 1 deed read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

1 signal.
neutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
4 days early
2024
6 days early
2023
33 days early
2022
11 days early
2021
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 16 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Highest result from 2021 to 2025net €332,422 ▲235%

Financials · financial year 2025, abbreviated format

Equity
€762,900▲ 11.0%
2024 · €687,349
Total assets
€984,783▼ 7.8%
2024 · €1.1m
Net result
€76,383▼ 77.0%
2024 · €332,422
Working capital
€121,715▲ 36.4%
2024 · €89,235
Trend over the years

2021 to 2025, 5 financial years

The operating result recovers in 2025; 2025 is 28% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.08m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€0.09m-€0.1m▲ 41.1%€0.1m▲ 5.2%€0.1m▼ 20.4%€0.1m▲ 28.0%
Net result€0.05mwithin the sector's middle half-€0.09mwithin the sector's middle half▲ 56.5%€0.1mwithin the sector's middle half▲ 16.5%€0.3mabove the sector's middle half▲ 235%€0.08mwithin the sector's middle half▼ 77.0%
Equity€0.3mwithin the sector's middle half-€0.4mwithin the sector's middle half▲ 24.7%€0.5mwithin the sector's middle half▲ 23.1%€0.7mwithin the sector's middle half▲ 31.1%€0.8mwithin the sector's middle half▲ 11.0%
Total assets€0.7mwithin the sector's middle half-€0.8mwithin the sector's middle half▲ 3.6%€0.8mwithin the sector's middle half▲ 3.9%€1.1mwithin the sector's middle half▲ 35.0%€1.0mwithin the sector's middle half▼ 7.8%
Debt€0.4m-€0.3m▼ 14.8%€0.3m▼ 20.4%€0.4m▲ 42.7%€0.2m▼ 41.6%
Working capital-€0.1mwithin the sector's middle half--€0.08mwithin the sector's middle half▲ 34.8%-€0.03mwithin the sector's middle half▲ 68.4%€0.09mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 36.4%
Solvency46.5%within the sector's middle half-56.0%within the sector's middle half▲ 9.5pp66.3%above the sector's middle half▲ 10.3pp64.4%above the sector's middle half▼ 1.9pp77.5%above the sector's middle half▲ 13.1pp
Current ratio0.27below the sector's middle half-0.47below the sector's middle half▲ 0.200.80within the sector's middle half▲ 0.331.31within the sector's middle half▲ 0.511.71within the sector's middle half▲ 0.40
Return on assets (ROA)7.4%above the sector's middle half-11.2%above the sector's middle half▲ 3.8pp12.5%above the sector's middle half▲ 1.4pp31.1%above the sector's middle half▲ 18.6pp7.8%above the sector's middle half▼ 23.4pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €984,783
Fixed assets €691,484 ▼ 0.1%
Current assets €293,299 ▼ 21.8%
Equity and liabilities €984,783
Equity €762,900 ▲ 11.0%
Debt €221,883 ▼ 41.6%
Debt's share of the balance-sheet total falls from 35.6% to 22.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
10.0%▼
2024 · 48.4%
Debt ≤ 1 year
€171,583▼
2024 · €285,789
Debt > 1 year
€48,513▼
2024 · €92,600
Income taxes
€65,835▲
2024 · €23,482
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€0.7m€0.7m▼
Tangible fixed assets22/27€0.005m€0.003m▼
Furniture and vehicles24€0.005m€0.003m▼
Financial fixed assets28€0.7m€0.7m=
Current assets29/58€0.4m€0.3m▼
Amounts receivable within one year40/41€0.3m€0.2m▼
Trade receivables40-€0.02m
Other amounts receivable41€0.3m€0.2m▼
Cash at bank and in hand54/58€0.06m€0.06m▲
Deferred charges and accrued income490/1€0.002m€0.002m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€0.7m€0.8m▲
Contributions10/11€0.3m€0.3m=
Reserves13€0.4m€0.5m▲
Distributable reserves133€0.4m€0.5m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.4m€0.2m▼
Amounts payable after more than one year17€0.09m€0.05m▼
Financial debts170/4€0.09m€0.05m▼
Amounts payable within one year42/48€0.3m€0.2m▼
Current portion of amounts payable after more than one year42€0.06m€0.07m▲
Trade debts44€0.01m€0.02m▲
Suppliers440/4€0.01m€0.02m▲
Taxes, remuneration and social security45€0.01m€0.04m▲
Taxes450/3€0.01m€0.04m▲
Other amounts payable47/48€0.2m€0.05m▼
Accrued charges and deferred income492/3€0.002m€0.002m=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.001m▲
Other operating charges640/8€0.002m€0.001m▼
Gross operating margin9900€0.1m€0.1m▲
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B€0.3m€0.01m▼
Recurring financial income75€0.3m€0.01m▼
Financial charges65/66B€0.003m€0.002m▼
Recurring financial charges65€0.003m€0.002m▼
Profit (loss) for the period before taxes9903€0.4m€0.1m▼
Income taxes67/77€0.02m€0.07m▲
Profit (loss) for the period9904€0.3m€0.08m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.08m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.08m▼
Transfer from equity791/2€0.1m€0▼
Transfer to equity691/2€0.3m€0.08m▼
To other reserves6921€0.3m€0.08m▼
Profit to be distributed694/7€0.2m€0.001m▼
Return on contributions (dividend)694€0.2m€0.001m▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€582€1,016▲ 74.7%
Other operating charges640/8€804€1,101€1,610€1,558€1,420▼ 8.9%
Gross operating margin9900€89,118€125,687€132,733€106,495€136,062▲ 27.8%
Operating profit (loss)9901€88,314€124,586€131,123€104,355€133,626▲ 28.0%
Financial income75/76B€0€0€552€254,417€10,961▼ 95.7%
Recurring financial income75€0€0€552€254,417€10,961▼ 95.7%
Financial charges65/66B€13,404€4,701€4,542€2,869€2,369▼ 17.4%
Recurring financial charges65€13,404€4,701€4,542€2,869€2,369▼ 17.4%
Profit (loss) for the period before taxes9903€74,910€119,885€127,133€355,904€142,218▼ 60.0%
Income taxes67/77€20,554€34,814€28,043€23,482€65,835▲ 180%
Profit (loss) for the period9904€54,356€85,071€99,090€332,422€76,383▼ 77.0%
Profit (loss) for the period to be appropriated9905€54,356€85,071€99,090€332,422€76,383▼ 77.0%
Line20212022202320242025Change
Assets
Total assets20/58€0.7m€0.8m€0.8m€1.1m€1.0m▼ 7.8%
Fixed assets21/28€0.7m€0.7m€0.7m€0.7m€0.7m▼ 0.1%
Tangible fixed assets22/27---€0.005m€0.003m▼ 22.6%
Furniture and vehicles24---€0.005m€0.003m▼ 22.6%
Financial fixed assets28€0.7m€0.7m€0.7m€0.7m€0.7m=
Current assets29/58€0.05m€0.07m€0.1m€0.4m€0.3m▼ 21.8%
Amounts receivable within one year40/41€0.01m€0€0.05m€0.3m€0.2m▼ 25.8%
Trade receivables40€0.01m€0--€0.02m-
Other amounts receivable41--€0.05m€0.3m€0.2m▼ 31.0%
Cash at bank and in hand54/58€0.03m€0.07m€0.05m€0.06m€0.06m▲ 0.1%
Deferred charges and accrued income490/1-€404€431€0.002m€0.002m▲ 1.4%
Equity and liabilities
Total equity and liabilities10/49€0.7m€0.8m€0.8m€1.1m€1.0m▼ 7.8%
Equity10/15€0.3m€0.4m€0.5m€0.7m€0.8m▲ 11.0%
Contributions10/11€0.3m€0.3m€0.3m€0.3m€0.3m=
Reserves13€0.05m€0.1m€0.2m€0.4m€0.5m▲ 18.9%
Distributable reserves133€0.05m€0.1m€0.2m€0.4m€0.5m▲ 18.9%
Profit (loss) carried forward14€0€0€0€0€0-
Amounts payable17/49€0.4m€0.3m€0.3m€0.4m€0.2m▼ 41.6%
Amounts payable after more than one year17€0.2m€0.2m€0.1m€0.09m€0.05m▼ 47.6%
Financial debts170/4€0.2m€0.2m€0.1m€0.09m€0.05m▼ 47.6%
Amounts payable within one year42/48€0.2m€0.2m€0.1m€0.3m€0.2m▼ 40.0%
Current portion of amounts payable after more than one year42€0.04m€0.06m€0.06m€0.06m€0.07m▲ 25.5%
Trade debts44€0.001m€0.01m€0.009m€0.01m€0.02m▲ 23.0%
Suppliers440/4€0.001m€0.01m€0.009m€0.01m€0.02m▲ 23.0%
Taxes, remuneration and social security45€0.02m€0.02m€0.002m€0.01m€0.04m▲ 240%
Taxes450/3€0.02m€0.02m€0.002m€0.01m€0.04m▲ 240%
Other amounts payable47/48€0.1m€0.05m€0.05m€0.2m€0.05m▼ 77.5%
Accrued charges and deferred income492/3-€0.002m€0.002m€0.002m€0.002m=
Line20212022202320242025Change
Profit (loss) for the period9904€54,356€85,071€99,090€332,422€76,383▼ 77.0%
+ Depreciation and write-downs630---€582€1,016▲ 74.7%
Operating cash flow (approximation)€54,356€85,071€99,090€333,004€77,400▼ 76.8%
Investment in fixed assets (approximation)-€0€0-€5,082€0-
Change in cash-€38,602-€24,941€8,980€59▼ 99.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-07-2026 2026-00348911
31-12-2024 abbreviated format 25-07-2025 2025-00306032
31-12-2023 abbreviated format 28-06-2024 2024-00177893
31-12-2022 abbreviated format 20-07-2023 2023-00255425
31-12-2021 abbreviated format 04-07-2022 2022-20135081

Similar companies · same sector, comparable size

Of the 1,271 active companies whose main activity is development of non-residential building projects (NACE 68122), figures are known for 900. 562 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of VANCO CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 1 Gazette act processed.

History

VANCO CONSTRUCT was incorporated on 10 December 2020 as a private limited company.1 Total assets rose from €734,663 in 2021 to €984,783 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
25-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial Highest result from 2021 to 2025net €332,422 ▲235%
Net result €332,422, the highest in the series.
28-06
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Equity above €500,000equity €524,184 ▲23.1%
A profit in every financial year since 2021 builds equity to €524,184.
20-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
04-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded10-12-2020
Financial year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0759648273
Also 9925:BE0759648273
Registered 30-09-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 15 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0759.648.273

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Buggenhout · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
1,007 m²
Building footprint
135 m²
Building volume
858 m³
Parcel 42522B0478/00R000, Flanders · tallest building 9.2 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VANCO CONSTRUCT
Nieuwstad 18, 9255 BuggenhoutGeneral construction of residential buildings
since 2020unit no. 2.311.622.440
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42522B0478/00R000 Flanders 1,007 m² 1 · 135 m² 9.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.