VBE
ActiveSummary
VBE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204,055 and a net result of €16,754. Equity has been shrinking by about 5.3% per year since 2018. Its solvency ranks better than 89% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 28-11-2000 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.094.178.332 1040 Etterbeek, since 02-01-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €47,253
- ▲ 15×
- Turnover
- ≈ €420,000
- estimated
- Profit
- €16,754
- Equity
- €204,055
- ▼ 2.2%
- Total assets
- €250,130
- ▼ 2.4%
- Staff
- 0.1 FTE
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 4.66, cash €179,919Equity €204,055 (81.6% of total assets)Founded in 2000Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 43, micro). It does better than 90% of them on solvency, 92% on liquidity, 53% on profitability and 31% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Resignations: Gauthier Verhamme (director) and Vincent Balfroid (director)Appointments: Vincent Balfroid (director) and Bénédicte Martin (administrateur subsidiaire) · Permanent representative: Vincent Balfroid
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as VBE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €214,000 and €273,000, founded between 1998 and 2003.
| Company | Total assets | Gross margin |
|---|---|---|
| VBE Etterbeek | €250,130 | €47,253 |
| ABELPOL Sint-Agatha-Berchem | €214,020 | €38,867 |
| Afsluitingen De Vos Hamme (Vl.) | €258,055 | €50,695 |
| Creative Soft & Immo Braine-le-Château | €258,138 | €51,538 |
| D & S Lille | €226,859 | €42,567 |
| VERVAET PETER Halle | €273,204 | €53,603 |
| DUPONT MARTINE Charleroi | €269,143 | €44,109 |
Key facts about VBE
- What is the company number of VBE?
- The company number of VBE is 0473.360.493. The VAT number is the same number with BE in front: BE 0473.360.493.
- Where is VBE based?
- The registered office is at Baron Lambertstraat 19, 1040 Etterbeek.Company details
- What does VBE do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of VBE?
- The legal form of VBE is Public limited company (NV).
- When was VBE founded?
- VBE was founded on 28-11-2000.
- Is VBE still active?
- Yes, VBE is an active enterprise in the KBO register.
- How many employees does VBE have?
- VBE had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VBE fall under?
- In its 2025 annual accounts, VBE states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of VBE?
- The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €47,253 and 117 comparable companies (NACE 43990). It probably lies between €270,000 and €710,000.
- Is VBE profitable?
- In financial year 2025, VBE made a profit of €16,754.
- Where can I find the annual accounts of VBE?
- VBE filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VBE due?
- VBE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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