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VC-Build

Active
Private limited company (pre-2019)founded 2016active for 10 yearsDillaartwijk 9B, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0650.765.179

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VC-Build has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,425 and a net result of -€76,818. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 36% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 24-03-2016 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.255.297.510 9100 Sint-Niklaas, since 24-03-2016
Financial year end
31 December
Peppol
Reachable since 14-11-2025

Board and ownership

Board
  • Van Cauter DavidDirector · since 29-03-2016

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
-€52,205
▼ 25.1%
Loss
€76,818
▲ 20.0%
Equity
€137,425
▼ 35.9%
Total assets
€827,598
▲ 71.0%
Turnover not published (abbreviated or micro format)
Filed on 10-06-2026, 51 days before the deadlineat the National Bank
Score breakdownraises riskLoss of €76,818, the second in a row (financial year 2025)lowers riskSize: total assets €827,598Sector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 10-06-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 22% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 42-27
equity 16.6% of total assets
Liquidity 34+5
short-term debt 43.0% · cash 3.7%
Profitability 7+5
return on assets -9.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.4 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.4 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.1 (1.91 in 2024), above the usual 1.5. Short-term debt is 43% and cash 3.7% of total assets. However, 83.4% of the assets are financed with debt and provisions.
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 68, micro). It does better than 37% of them on solvency, 27% on liquidity, 11% on profitability and 15% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €827,598
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €76,818, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Figures for financial year 2025 (filed on 10-06-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€76,818
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
on the day
2023
1 day early
2022
14 days early
2021
6 days early
2020
36 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€76,818 View
  • Caution: Lower net result than 87% of companies in real estatesector median €10,020 · 11,226 companies -€76,818 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: Equity fell in 2025from €214,243 to €137,425 ▼ 35.9% View

Comparable companies

These companies have the same main activity as VC-Build: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €794,000 and €955,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
VC-Build Sint-Niklaas€827,598-€52,205
VMIC Oudenaarde€866,830-€64,086
RICO-BOUWTRUST Sint-Gillis-Waas€955,253-€6,439
Land Lease Company Gent€810,293-€1,348
STEWA CONSTRUCT Halle€835,983-€28,779
KVL Invest Herentals€793,585-€35,832
LA-Company Knokke-Heist€828,717-€24,735
Full comparison

Documents

Annual accounts at the NBB

All 10 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about VC-Build

What is the company number of VC-Build?
The company number of VC-Build is 0650.765.179. The VAT number is the same number with BE in front: BE 0650.765.179.
Where is VC-Build based?
The registered office is at Dillaartwijk 9B, 9100 Sint-Niklaas.Company details
What does VC-Build do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VC-Build?
The legal form of VC-Build is Private limited company (pre-2019) (BVBA).
When was VC-Build founded?
VC-Build was founded on 24-03-2016.
Is VC-Build still active?
Yes, VC-Build is an active enterprise in the KBO register.
What is the turnover of VC-Build?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is VC-Build profitable?
In financial year 2025, VC-Build made a loss of €76,818.
Where can I find the annual accounts of VC-Build?
VC-Build filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of VC-Build due?
VC-Build must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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