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VC-CONSTRUCT

Active Private limited companyfounded 2005active for 21 yearsTolstraat 45, 9550 HerzeleKBO/BCE: BE 0875.404.511

Lifetime

20 annual accounts with figures on one time axis
peak €30,971 (2022)
€28,876▼ 3.9%
lowest -€14,052 (2020)
€7,037▼ 27.4%
peak €145,792 (2025)
€145,792▲ 5.1%
€123,347▲ 74.2%
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Result from €9,698 to €7,037Debts from €70,813 to €123,347Investments €42,678Cash from €32,483 to €82,050

Key points

from the 2025 annual accounts

Debts

€123,347 ▲ 74.2%
Suppliers
+38,768
Financial debts
+15,266
The rest
-1,499

Debts rose by €52,534 in 2025.

Investments

€42,678 3.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Eight of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as VC-CONSTRUCT has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for VC-CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

2 managers resigning, 2 directors reappointed Resignations: (manager) and (manager) · Reappointments: (director) and (director) · General meeting of 08-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0875404511
New establishment in Geraardsbergen Bareelstraat 14A
Incorporation published on 10-08-2005 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
VC-CONSTRUCT Herzele €269,139 €28,876 54.2% -
MARC DUBOIS Merelbeke €247,474 €30,336 69.3% -
D'HOOGE TRAPPEN Beveren-Kruibeke-Zwijndrecht €236,092 €26,928 82.9% -
D&F de Graeve Deinze €305,067 €23,576 28.5% -
BEMECO W.L. Stekene €267,347 €34,600 41.1% -
MONTAS Maarkedal €279,821 €22,287 71.3% -
DEPO WOOD Lievegem €303,870 €36,790 48.9% -

These companies have the same main activity as VC-CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €236,000 and €305,000, founded between 2005 and 2008.

Official details

Source: KBO
Status
Active since 03-08-2005Normal situation
Activity
Joinery installationNACE 43320and 1 other
Establishment units
2.148.381.7349550 Herzele, since 06-07-2005
2.323.429.3209506 Geraardsbergen, since 27-10-2021
Financial year end
31 December
Peppol
Reachable since 30-08-2023
Company details

Annual accounts 2025

≈ €180,000estimated
€269,139▲ 28.4%
≈ 0 FTEestimated
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on VC-CONSTRUCT

VC-CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €30,199 in 2006 to €28,876 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VC-CONSTRUCT

What is the company number of VC-CONSTRUCT?
The company number of VC-CONSTRUCT is 0875.404.511. The VAT number is the same number with BE in front: BE 0875.404.511.
Where is VC-CONSTRUCT based?
The registered office is at Tolstraat 45, 9550 Herzele.Company details
What does VC-CONSTRUCT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VC-CONSTRUCT?
VC-CONSTRUCT is a private limited company (BV).
When was VC-CONSTRUCT founded?
VC-CONSTRUCT was founded on 03-08-2005.
Is VC-CONSTRUCT still active?
Yes, VC-CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of VC-CONSTRUCT?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €28,876 and 35 comparable companies (NACE 43320). It probably lies between €130,000 and €290,000.Financials
Is VC-CONSTRUCT profitable?
In financial year 2025, VC-CONSTRUCT made a profit of €7,037.
Where can I find the annual accounts of VC-CONSTRUCT?
VC-CONSTRUCT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VC-CONSTRUCT due?
VC-CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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