VAOS
ActiveSummary
The computed 12-month bankruptcy probability of VAOS is 2.1% (moderate). The 2024 annual accounts show equity of €133,475 and a net result of €46,550. Equity is growing by ~53.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 36377 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability94▲+9
Solvency77▲+4
Growth67▼-4
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.83 in 2023; short-term debt: 47.5% of total assets), and 47.5% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
107 d late
2022
70 d late
2021
74 d late
2020
314 d late
2019
110 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 124 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€357,823▼ 10.6%
2023 · €400,394
EBIT margin
19.6%▲ 6.3pp
2023 · 13.3%
Net result
€46,550▲ 44.0%
2023 · €32,336
Working capital
€126,603▲ 62.9%
2023 · €77,735
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€482,925▲ 61.3%€538,174▲ 11.4%€856,842▲ 59.2%€400,394▼ 53.3%€357,823▼ 10.6%
Operating result€23,743▲ 68.1%€25,634▲ 8.0%€33,121▲ 29.2%€53,294▲ 60.9%€70,146▲ 31.6%
Net result€12,991▲ 68.5%€12,094▼ 6.9%€15,594▲ 28.9%€32,336▲ 107%€46,550▲ 44.0%
EBIT margin4.9%▲ 0.2pp4.8%▼ 0.2pp3.9%▼ 0.9pp13.3%▲ 9.4pp19.6%▲ 6.3pp
Equity€26,900▲ 93.4%€38,994▲ 45.0%€54,588▲ 40.0%€86,925▲ 59.2%€133,475▲ 53.6%
Total assets€74,728▲ 156%€60,089▼ 19.6%€123,955▲ 106%€180,124▲ 45.3%€254,251▲ 41.2%
Debt€47,828▲ 213%€21,094▼ 55.9%€69,366▲ 229%€93,199▲ 34.4%€120,775▲ 29.6%
Working capital€20,130▲ 84.3%€35,984▲ 78.8%€42,854▲ 19.1%€77,735▲ 81.4%€126,603▲ 62.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 32% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €254,251
Fixed assets
€6,872 ▼ 25.2%
Current assets
€247,379 ▲ 44.7%
Equity and liabilities €254,251
Equity
€133,475 ▲ 53.6%
Debt
€120,775 ▲ 29.6%
Debt's share of the balance-sheet total falls from 51.7% to 47.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75,591▲
2023 · €58,339
Cash flow
€51,995▲
2023 · €37,381
Current ratio
2.05▲
2023 · 1.83
Debt to equity
0.90▼
2023 · 1.07
ROE
34.9%▼
2023 · 37.2%
ROA
18.3%▲
2023 · 18.0%
Interest coverage
19.17▲
2023 · 5.59
Debt ≤ 1 year
€120,775▲
2023 · €93,199
Income taxes
€19,653▲
2023 · €12,179
Staff costs
€169▼
2023 · €245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €482,925 | €538,174 | €856,842 | €400,394 | €357,823 | ▼ 10.6% |
| Non-recurring operating income76A | €1,037 | €1,299 | €1,560 | €3,957 | €7,634 | ▲ 92.9% |
| Goods, raw materials, services and sundry goods60/61 | €455,758 | €508,210 | €819,190 | €345,380 | €285,964 | ▼ 17.2% |
| Remuneration, social security and pensions62 | €949 | €596 | €898 | €245 | €169 | ▼ 31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,015 | €3,760 | €4,345 | €5,045 | €5,444 | ▲ 7.9% |
| Other operating charges640/8 | €498 | €1,274 | €848 | €387 | €3,734 | ▲ 864% |
| Gross operating margin9900 | €28,204 | €31,263 | €39,212 | €58,971 | €79,493 | ▲ 34.8% |
| Operating profit (loss)9901 | €23,743 | €25,634 | €33,121 | €53,294 | €70,146 | ▲ 31.6% |
| Financial income75/76B | €1,029 | €132 | €2,141 | €1,653 | €1 | ▼ 100.0% |
| Recurring financial income75 | €1,029 | €132 | €2,141 | €1,653 | €1 | ▼ 100.0% |
| Financial charges65/66B | €7,315 | €10,428 | €15,578 | €10,432 | €3,944 | ▼ 62.2% |
| Recurring financial charges65 | €7,315 | €10,428 | €15,578 | €10,432 | €3,944 | ▼ 62.2% |
| Profit (loss) for the period before taxes9903 | €17,456 | €15,338 | €19,684 | €44,515 | €66,203 | ▲ 48.7% |
| Income taxes67/77 | €4,465 | €3,243 | €4,090 | €12,179 | €19,653 | ▲ 61.4% |
| Profit (loss) for the period9904 | €12,991 | €12,094 | €15,594 | €32,336 | €46,550 | ▲ 44.0% |
| Profit (loss) for the period to be appropriated9905 | €12,991 | €12,094 | €15,594 | €32,336 | €46,550 | ▲ 44.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,728 | €60,089 | €123,955 | €180,124 | €254,251 | ▲ 41.2% |
| Fixed assets21/28 | €6,770 | €3,010 | €11,734 | €9,189 | €6,872 | ▼ 25.2% |
| Tangible fixed assets22/27 | €6,770 | €3,010 | €11,734 | €9,189 | €6,872 | ▼ 25.2% |
| Plant, machinery and equipment23 | €2,014 | €895 | €5,290 | €3,328 | €1,325 | ▼ 60.2% |
| Furniture and vehicles24 | €4,756 | €2,115 | €6,444 | €5,861 | €5,547 | ▼ 5.4% |
| Current assets29/58 | €67,957 | €57,078 | €112,220 | €170,935 | €247,379 | ▲ 44.7% |
| Amounts receivable within one year40/41 | €54,855 | €41,224 | €104,382 | €156,849 | €246,048 | ▲ 56.9% |
| Trade receivables40 | €33,843 | €15,489 | €55,576 | €64,930 | €120,810 | ▲ 86.1% |
| Other amounts receivable41 | €21,011 | €25,735 | €48,805 | €91,919 | €125,238 | ▲ 36.2% |
| Cash at bank and in hand54/58 | €13,103 | €15,610 | €7,221 | €13,296 | - | - |
| Deferred charges and accrued income490/1 | €0 | €245 | €618 | €790 | €1,331 | ▲ 68.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,728 | €60,089 | €123,955 | €180,124 | €254,251 | ▲ 41.2% |
| Equity10/15 | €26,900 | €38,994 | €54,588 | €86,925 | €133,475 | ▲ 53.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €20,700 | €32,794 | €48,388 | €80,725 | €127,275 | ▲ 57.7% |
| Amounts payable17/49 | €47,828 | €21,094 | €69,366 | €93,199 | €120,775 | ▲ 29.6% |
| Amounts payable within one year42/48 | €47,828 | €21,094 | €69,366 | €93,199 | €120,775 | ▲ 29.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €47,282 | - | - |
| Financial debts43 | - | - | - | - | €1,579 | - |
| Credit institutions430/8 | - | - | - | - | €1,579 | - |
| Trade debts44 | €41,061 | €11,085 | €54,608 | - | €53,458 | - |
| Suppliers440/4 | €41,061 | €11,085 | €54,608 | - | €53,314 | - |
| Bills of exchange payable441 | - | - | - | - | €143 | - |
| Taxes, remuneration and social security45 | €6,767 | €10,010 | €14,759 | €26,938 | €44,241 | ▲ 64.2% |
| Taxes450/3 | €6,767 | €10,010 | €14,759 | €26,938 | €44,241 | ▲ 64.2% |
| Other amounts payable47/48 | - | - | - | €18,980 | €21,498 | ▲ 13.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,991 | €12,094 | €15,594 | €32,336 | €46,550 | ▲ 44.0% |
| + Depreciation and write-downs630 | €3,015 | €3,760 | €4,345 | €5,045 | €5,444 | ▲ 7.9% |
| Operating cash flow (approximation) | €16,006 | €15,854 | €19,939 | €37,381 | €51,995 | ▲ 39.1% |
| Investment in fixed assets (approximation) | - | €0 | -€13,069 | -€2,500 | -€3,127 | ▼ 25.1% |
| Change in cash | - | €2,507 | -€8,390 | €6,075 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Highest result since 2019net €46,550 ▲44%
Operating result €70,146, net result €46,550, both a record.
31-12
Financial
Equity above €100,000Eq €133,475 ▲53.6%
6 profitable years in a row build equity to €133,475.
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 107 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 314 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2019
Ground area
1,851 m²
Building footprint
398 m²
Volume, LiDAR
3,212 m³
2 parcels, Brussels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
510
companies at this address
See who is registered here
1 establishment unit
VAOS
since 20192.287.580.692
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21464E0002/02A005 | Brussels | 213 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Dorval Construct
BE 0508.794.296
Elsene · Eq €133,512
CODOMAX
BE 0769.702.918
Sint-Pieters-Leeuw · Eq €132,851
RENOVE ELECTRICITÉ SOLAIRE
BE 0553.803.385
Bertrix · Eq €134,477
KOEN VAN GOMPEL
BE 0819.384.536
Kalmthout · Eq €134,569
RMS DESIGN
BE 0866.611.559
Wemmel · Eq €132,098
Of 4,093 companies in sector 43240 we hold annual accounts for 1,634. 1,356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43350Other building finishing work
Contact
E-mail
schipor.vasile@icloud.comJette
Phone
027058099Jette
Scores and ratios are computed by Checked and are not a credit decision.