Staff
3 employees on 31-12-2025
In 2025, 1 person joined and nobody left.
VCG CONSTRUCT
Lifetime
10 annual accounts with figures on one time axispeak €299,237 (2018)
€258,297▲ 9.0%
lowest -€15,858 (2025)
-€15,858▼ €28,741
peak €499,108 (2023)
€337,134▼ 13.4%
€459,011▼ 8.6%
peak 3.7 FTE (2020)
-not published
Board1 name since 2021
1 directorCICCIA GAETANO
Documentsfilings and deeds
19-08-202619 days late
2025micro format
Loss of €15,858Equity from €389,491 to €337,134
Key points
from the 2025 annual accountsFilings
10 annual accounts 7 late
The 2021 accounts came latest: 61 days after the end of the period.
Position in the sector
-€15,858
Lower net result than 91% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
Checked score
93
Excellent
Financially stronger than 43% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €796,145
Liquidity: current ratio 2.44, cash €320,871
Figures for financial year 2025 (filed on 21-08-2026)
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 45% of them on solvency, 80% on liquidity, 23% on profitability and 22% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as VCG CONSTRUCT has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VCG CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,908 companies, not a prediction for VCG 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
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.44 (2.33 in 2024), above the usual 1.5. Short-term debt is 38.8% and cash 40.3% of total assets. However, 57.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
19 days late
2024
35 days early
2023
27 days late
2022
31 days late
2021
61 days late
2020
30 days late
2019
48 days late
← 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 26 days after 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)
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 28 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0640704497
First establishment
Henri Deleersstraat 34, Anderlecht
Incorporation
published on 09-10-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VCG CONSTRUCT Anderlecht | €796,145 | €258,297 | 42.3% | - |
| CLIM POLAIRE Quaregnon | €744,029 | €302,495 | 59.8% | - |
| SILEX Zandhoven | €825,679 | €205,182 | 60.4% | - |
| VENTILATION CONCEPT Anderlecht | €500,309 | €240,633 | 37.0% | - |
| INDEXPLUS Evere | €617,215 | €324,089 | 15.2% | - |
| M.N. CONSTRUCT Etterbeek | €740,303 | €157,689 | 41.5% | 1 |
| CMD CONSTRUCT Ganshoren | €989,248 | €176,688 | 17.9% | - |
These companies have the same main activity as VCG CONSTRUCT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €500,000 and €989,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 07-10-2015Normal situation
- Activity
- Other construction installationNACE 43240and 5 others
- Establishment unit
- 2.246.196.3361070 Anderlecht, since 12-10-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 09-10-2025
Annual accounts 2025
- ≈ €640,000estimated
- €796,145▼ 10.7%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 19-08-2026
Insights on VCG CONSTRUCT
VCG CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €195,870 in 2016 to €258,297 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 VCG CONSTRUCT
- What is the company number of VCG CONSTRUCT?
- The company number of VCG CONSTRUCT is 0640.704.497. The VAT number is the same number with BE in front: BE 0640.704.497.
- Where is VCG CONSTRUCT based?
- The registered office is at Henri Deleersstraat 34, 1070 Anderlecht.Company details
- What does VCG CONSTRUCT do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of VCG CONSTRUCT?
- VCG CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was VCG CONSTRUCT founded?
- VCG CONSTRUCT was founded on 07-10-2015.
- Is VCG CONSTRUCT still active?
- Yes, VCG CONSTRUCT is an active enterprise in the KBO register.
- How many employees does VCG CONSTRUCT have?
- VCG CONSTRUCT had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VCG CONSTRUCT?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €258,297 and 32 comparable companies (NACE 432). It probably lies between €490,000 and €830,000.
- Is VCG CONSTRUCT profitable?
- In financial year 2025, VCG CONSTRUCT made a loss of €15,858.
- Where can I find the annual accounts of VCG CONSTRUCT?
- VCG CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VCG CONSTRUCT due?
- VCG CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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