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VC Construct

Open bankruptcy
Private limited company (pre-2019)founded 2005Koning Leopoldlaan 61, 2260 Westerlo, BelgiumKBO/BCE: BE 0872.997.921
Summary

A bankruptcy procedure is open for VC Construct according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-97k) and a net result of €-4k.

VC ConstructOpen bankruptcy

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 06-08-2020, 6 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
6 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, abbreviated schema

Equity
€-97k▼ 4.8%
2018 · €-93k
2018: €-93k 2019: €-97k▼ -4.8% vs 2018
2018 → 2019
Total assets
€32k▲ 4.4%
2018 · €31k
2018: €31k 2019: €32k▲ +4.4% vs 2018
2018 → 2019
Net result
€-4k▲ 97.0%
2018 · €-145k
2018: €-145k 2019: €-4k▲ +97.0% vs 2018
2018 → 2019
Working capital
€-79k▼ 7.7%
2018 · €-73k
2018: €-73k 2019: €-79k▼ -7.7% vs 2018
2018 → 2019
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€-93k-€-97k▼ 4.8% 2018: €-93k 2019: €-97k▼ -4.8% vs 2018
Operating result€-145k-€-4k▲ 97.1% 2018: €-145k 2019: €-4k▲ +97.1% vs 2018
Net result€-145k-€-4k▲ 97.0% 2018: €-145k 2019: €-4k▲ +97.0% vs 2018
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2018: €-145k€-145kNet result 2018: €-145k€-145kOperating result 2019: €-4k€-4kNet result 2019: €-4k€-4k20182019€-150k€-100k€-50k€0Operating result 2018: €-145k€-145kNet result 2018: €-145k€-145kOperating result 2019: €-4k€-4.2kNet result 2019: €-4k€-4.4k20182019
The operating result stays negative: a loss of €4k in 2019 against €145k in 2018; the loss shrinks.
Key figures and ratios
2019 value · change against 2018
Solvency
-302.6%▼
2018 · -301.7%
Current ratio
0.29▼
2018 · 0.30
Quick ratio
0.03▲
2018 · 0.02
ROA
-13.7%▲
2018 · -471.2%
Debt
€112k▲
2018 · €107k
Debt ≤ 1 year
€111k▲
2018 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 21 lines
Balance sheet Code20182019
Assets
Total assets20/58€31k€32k▲
Current assets29/58€31k€32k▲
Stocks and contracts in progress3€28k€28k=
Amounts receivable within one year40/41€2k€4k▲
Cash at bank and in hand54/58€38€249▲
Equity and liabilities
Total equity and liabilities10/49€31k€32k▲
Equity10/15€-93k€-97k▼
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Profit (loss) carried forward14€-132k€-136k▼
Provisions and deferred taxes16€17k€17k=
Amounts payable17/49€107k€112k▲
Amounts payable within one year42/48€104k€111k▲
Trade debts44€36k€41k▲
Income statement Code20182019
Gross operating margin9900€88k€-4k▼
Operating profit (loss)9901€-145k€-4k▲
Recurring financial income75-€0
Recurring financial charges65€142€198▲
Profit (loss) for the period before taxes9903€-145k€-4k▲
Profit (loss) for the period9904€-145k€-4k▲
Profit (loss) for the period to be appropriated9905€-145k€-4k▲
Accounts by statement
Line20182019Change
Gross operating margin9900€88k€-4k▼ 105%
Operating profit (loss)9901€-145k€-4k▲ 97.1%
Recurring financial income75-€0-
Recurring financial charges65€142€198▲ 39.6%
Profit (loss) for the period before taxes9903€-145k€-4k▲ 97.0%
Profit (loss) for the period9904€-145k€-4k▲ 97.0%
Profit (loss) for the period to be appropriated9905€-145k€-4k▲ 97.0%
Line20182019Change
Assets
Total assets20/58€31k€32k▲ 4.4%
Current assets29/58€31k€32k▲ 4.4%
Stocks and contracts in progress3€28k€28k=
Amounts receivable within one year40/41€2k€4k▲ 48.8%
Cash at bank and in hand54/58€38€249▲ 557%
Equity and liabilities
Total equity and liabilities10/49€31k€32k▲ 4.4%
Equity10/15€-93k€-97k▼ 4.8%
Contributions10/11€19k€19k=
Reserves13€21k€21k=
Profit (loss) carried forward14€-132k€-136k▼ 3.3%
Provisions and deferred taxes16€17k€17k=
Amounts payable17/49€107k€112k▲ 5.4%
Amounts payable within one year42/48€104k€111k▲ 6.8%
Trade debts44€36k€41k▲ 12.6%
Line20182019Change
Profit (loss) for the period9904€-145k€-4k▲ 97.0%
Operating cash flow (approximation)€-145k€-4k▲ 97.0%
Change in cash-€211-

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

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Timeline · acts, filings and financial milestones

2020
19-11
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 10-11-2020
06-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 57 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
12-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
08-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
04-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
27-06
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Westerlo · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
1,939 m²
Building footprint
214 m²
Volume, LiDAR
1,793 m³
Parcel 13049B0756/00R000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
VC Construct
Koning Leopoldlaan 61, 2260 WesterloNACE 7011102
since 20052.146.862.693
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13049B0756/00R000 Flanders 1,939 m² 1 · 214 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator PAUL VAN ROMPAEY
ZANDBERG 19, 2260 WESTERLO-
10-11-2020 → present
Curator NIELS FEYTONS
ZANDBERG 19, 2260 WESTERLO
10-11-2020 → present

Similar companies · same sector, comparable size

Of 18,255 companies in sector 71111 we hold annual accounts for 6,323. 5,360 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 (pre-2019)
Founded06-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
41001General construction of residential buildings
68121Development of residential building projects
Contact
E-mail info@vancalster-vloeren.be
Phone +32(14)580118
Phone 014 58 08 18Westerlo

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