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VCR CONSTRUCT

Active Private limited companyfounded 2025active for 1 yearTrieu de la Bouve 2, 7387 HonnellesKBO/BCE: BE 1021.056.840

Overview

Lifetime

1 annual account with figures
peak €385,563 (2025)
€385,563 
peak €69,003 (2025)
€69,003 
peak €73,170 (2025)
€73,170 
€144,518 
Board1 name since 2025
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Incorporation 18-03Dividend €8331 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €870,000 estimated

The micro format states no turnover.

Position in the sector

€69,003

Higher net result than 92% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.

Checked score

40
Weak
Financially stronger than 54% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 04-2026: 3.6% 05-2026: 3.7%▲ +0.1 percentage points vs 04-2026 06-2026: 3.7%● unchanged vs 05-2026 07-2026: 4.2%▲ +0.5 percentage points vs 06-2026 08-2026: 3.3%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 3.4%▲ +0.1 percentage points vs 08-2026 10-2026: 4.4%▲ +1.0 percentage point vs 09-2026highest value 11-2026: 4.4%● unchanged vs 10-2026highest value

Financial strength
Strong

59equity 33.6% of total assets
34short-term debt 45.5% · cash 4.8%
100return on assets 31.7%

Score breakdown

raises risk
Founded in 2025
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €217,688
lowers risk
Figures for financial year 2025 (filed on 01-07-2026)
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 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).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as VCR CONSTRUCT has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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.

Test of the method

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.

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 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.

Credit verdict

Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

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.

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 riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Figures for financial year 2025 (filed on 01-07-2026)
NBB · annual accounts
raises risk · Size: total assets €217,688
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

VC
Director, since 14-03-2025
  • VILAIN Cyrille André François 100 sharesdeed of 18-03-2025
Board & ownership

Recent changes

Registered office moved from Dour to Honnelles New registered office: Trieu de la Bouve 2, 7387 Honnelles · Previous registered office: Rue de la Frontière 450, 7370 Dour · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1021056840
Incorporation Founding capital of €5,000, 100 shares · Founder: VILAIN Cyrille André François · Appointment: VILAIN Cyrille André François (director) · published on 18-03-2025 · Gazette deed
First establishment Rue Camille Moury 133, Dour
All 5 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 14-03-2025Normal situation
Activity
General construction of residential buildingsNACE 41001and 5 others
Joint committee
124Construction · annual accounts 2025
Establishment unit
2.371.737.1027370 Dour, since 14-03-2025
Financial year end
31 December
Peppol
Reachable since 30-09-2025
Company details

Annual accounts 2025

€385,563
€69,003
€73,170
€217,688
Employeeson 31-12-2025
7
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on VCR CONSTRUCT

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.

Financials

Annual accounts 2025

micro format, filed on 01-07-2026, 30 days before the deadline
€385,563
€95,220
€69,003
€40,212
33.6%
1.41

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.

Balance sheet

balance sheet total €217,688 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

33.6%

Higher than 40% of 9,471 companies in 2025.

1.41

Higher than 40% of 9,219 companies in 2025.

31.7%

Higher than 86% of 9,291 companies in 2025.

VCR CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€36,566

Staff costs divided by the average number of full-time equivalents.

+7 people

people who joined people who left

In 2025, 9 people joined and 2 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
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 PDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 01-07-2026 2026-00232136 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
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.

Social balance sheet

Item31-12-2025
Employees at the balance-sheet date7
full-time7
in full-time equivalents7
7.6
On a permanent contract6
Joined9
Left2

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€89,341
€10,961

Source: notes to the 2025 annual accounts (statement of fixed assets)

Insights on VCR CONSTRUCT

Debt's share of the balance-sheet total is 66.4%.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 14-03-2025 term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 01-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 12. Pouvoir de représentation Chaque administrateur représente la société à l'égard des tiers et en justice, soit en demandant, soit…”
deed of 18-03-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
VILAIN Cyrille André François
Director (not named in the articles)
Board
Mandates as a list
  • VILAIN Cyrille André François
    • Director (not named in the articles), from 14-03-2025 to date

See the board, name and registered office on a given date →

Control

This company
VCR CONSTRUCT
Equity €73,170
Profit €69,003 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€732 in 2025
Source
deed of 18-03-2025

Articles of association

deed of 18-03-2025 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 18-03-2025 ↗

Network & group

No group

VCR CONSTRUCT has no parent and no holdings in its annual accounts. VILAIN Cyrille André François is the only director.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
SC TRANSPORTS
via VILAIN Cyrille André François · Director (not named in the articles) · deed of 27-05-2025
Founded in 2025 · total assets €160,662 (2025)
→

Timeline

Timeline

5 events since 2025
2026
Registered office moved from Dour to HonnellesNew registered office: Trieu de la Bouve 2, 7387 Honnelles · Previous registered office: Rue de la Frontière 450, 7370 Dour1 point ▸
  • Registered-office move, Trieu de la Bouve 2, 7387 Honnelles

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 30 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1021056840
IncorporationFounding capital of €5,000, 100 shares · Founder: VILAIN Cyrille André François · Appointment: VILAIN Cyrille André François (director) · published on 18-03-20255 points ▸

Open the deed in the Belgian Official Gazette

First establishment Rue Camille Moury 133, Dour

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

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

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-03-2025
  3. 3Belgian Official Gazette, 03-09-2026
  4. 4National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1021.056.840
VAT number
BE 1021.056.840
Peppol ID
0208:1021056840
Legal form
Private limited company
Status
Active, normal situation
Founded
14-03-2025
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June
deed of 18-03-2025 (in French)
Peppol
Reachable since 30-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VCR CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-03-2025 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 124 Construction
PurposeThe purpose describes the activities the company may carry out under its articles.
“L'achat; La vente; La location; La mise en location; La construction; Mettre ce patrimoine immobilier en location,en sous-location ou y…”
27 activities
  1. L'achat
  2. La vente
  3. La location
  4. La mise en location
  5. La construction
  6. Mettre ce patrimoine immobilier en location,en sous-location ou y loger ses administrateurs et les membres de leur famille
  7. Construction générale
  8. Gros-œuvre
  9. Rénovations
  10. Installation et entretien de systèmes de chauffage,sanitaire et conditionnement d'air
  11. Installation et entretien d'installations électriques / électroniques
  12. Travaux de dragage
  13. Travaux de préparation de sites
  14. Travaux de terrassement
  15. Travaux de démolition
  16. Carrelage
  17. Plomberie
  18. Forage
  19. Menuiserie
  20. Plâtrerie
  21. Peinture
  22. Vitrerie
  23. Isolation
  24. Pose de chapes
  25. Toitures
  26. Location de conteneurs
  27. Enlèvement de déchets
deed of 18-03-2025 (in French)

Registered office and establishments

1 establishment
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

Buildings and parcels at the addresses

Ground area
1.2 ha
Buildings
2,764 m²
Volume, LiDAR
16,197 m³
Tallest building
9.8 m
Buildings to scale, each on its own parcel
2,279 m², 8.1 m 485 m², 9.8 m 2,279 m², 8.1 m 485 m², 9.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
53020A0732/00R0006,124 m² 1 · 2,279 m² 8.1 m · 2
53026A0284/00K0005,542 m² 1 · 485 m² 9.8 m · 3

Contact

E-mail vilain.cyrille@hotmail.com
Phone +32 494 63 17 50

Invoicing and payment

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