Turnover
The micro format states no turnover.
The micro format states no turnover.
Higher net result than 92% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 41% of them on solvency, 29% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 elevated class on 30-06-2025, 6.3% 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).
In July 2024, 11,279 companies had the same profile as VCR CONSTRUCT has now. Each dot stands for 29 companies, two years later.
The bankruptcy probability of VCR CONSTRUCT itself is higher: 4.4% within 12 months. It rests on far more data about VCR CONSTRUCT than the profile alone.
The method was tested on the 497,448 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 11,279 companies, not a prediction for VCR 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.
Liquidity is tight, with a current ratio of 1.41, below the usual 1.5. Short-term debt is 45.5% and cash 4.8% of total assets. 66.4% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| VCR CONSTRUCT Honnelles | €217,688 | €385,563 | 33.6% | - |
| C.L. CONSTRUCT & FILS Fleurus | €180,413 | €250,982 | 10.7% | - |
| IMMOBATI Chaudfontaine | €215,451 | €461,443 | 6.4% | - |
| PERREMAN EN ZOON Pajottegem | €173,544 | €308,325 | 16.1% | - |
| BEKAERT WESLEY BOUWONDERNEMING Houthulst | €287,281 | €297,781 | 28.9% | - |
| MAI Construction Aalst | €215,297 | €302,451 | 65.4% | - |
| BROSENS BOUWWERKEN Hoogstraten | €279,966 | €264,722 | 18.0% | - |
These companies have the same main activity as VCR CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €174,000 and €287,000, founded between 2024 and 2025.
The computed 12-month bankruptcy probability of VCR CONSTRUCT is 4.4% (elevated). The 2025 annual accounts show equity of €73,170 and a net result of €69,003.
Its solvency ranks better than 40% of 9,471 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €870,000. Estimated: probably between €700,000 and €1.4m.
Higher than 40% of 9,471 companies in 2025.
Higher than 40% of 9,219 companies in 2025.
Higher than 86% of 9,291 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 9 people joined and 2 left.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
217,688 | |
21/28 |
78,380 | |
22/27 |
78,380 | |
23 |
30,053 | |
24 |
10,970 | |
25 |
37,357 | |
29/58 |
139,308 | |
3 |
20,743 | |
30/36 |
20,743 | |
40/41 |
104,519 | |
40 |
96,085 | |
41 |
8,434 | |
54/58 |
10,427 | |
490/1 |
3,619 | |
| Balance sheet: equity and liabilities | ||
10/49 |
217,688 | |
10/15 |
73,170 | |
10/11 |
5,000 | |
14 |
68,170 | |
17/49 |
144,518 | |
17 |
45,422 | |
170/4 |
45,422 | |
42/48 |
99,096 | |
42 |
17,381 | |
44 |
30,003 | |
440/4 |
30,003 | |
45 |
40,050 | |
450/3 |
21,834 | |
454/9 |
18,216 | |
47/48 |
11,663 | |
| Income statement | ||
9900 |
385,563 | |
62 |
277,902 | |
630 |
10,961 | |
640/8 |
1,480 | |
9901 |
95,220 | |
75/76B |
1 | |
75 |
1 | |
65/66B |
4,384 | |
65 |
4,384 | |
9903 |
90,837 | |
67/77 |
21,834 | |
9904 |
69,003 | |
9905 |
69,003 | |
| Appropriation of the result | ||
9906 |
69,003 | |
694/7 |
833 | |
694 |
833 | |
| Social balance sheet | ||
9087 |
7.6 | |
Hours worked1013 |
7,168 | |
| Document | ||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00232136 |
| Line | Trend | 2025 |
|---|---|---|
| 106,181 | ||
| 79,964 | ||
| 89,341 | ||
| 40,212 | ||
| 33.6% | ||
| 1.41 | ||
| 1.20 | ||
| 1.98 | ||
| 94.3% | ||
| 31.7% | ||
| 24.22 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 7 |
| full-time | 7 |
| in full-time equivalents | 7 |
| 7.6 | |
| On a permanent contract | 6 |
| Joined | 9 |
| Left | 2 |
Source: social balance sheet in the 2025 annual accounts
| Item | 2025 |
|---|---|
| Tangible fixed assets | €89,341 |
| €10,961 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Debt's share of the balance-sheet total is 66.4%.
VCR CONSTRUCT has no parent and no holdings in its annual accounts. VILAIN Cyrille André François is the only director.
The connected companies are in the list below.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
VCR CONSTRUCT was incorporated on 14 March 2025 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Honnelles in 2026.3 Since 2025, VILAIN Cyrille André François has served as director.4
| Establishment | Since | Unit number |
|---|---|---|
| Trieu de la Bouve 2 registered office 7387 Honnelles | ||
| Rue Camille Moury 133 7370 Dour 4100103 General construction of residential buildings | 14-03-2025 | 2.371.737.102 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 53020A0732/00R000 | 6,124 m² | 1 · 2,279 m² | 8.1 m · 2 |
| 53026A0284/00K000 | 5,542 m² | 1 · 485 m² | 9.8 m · 3 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1021.056.840
If something looks wrong or is missing, please tell us.