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VCT Construct

Active
Private limited companyfounded 2016active for 10 yearsVinkenlaan 34, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0647.857.159
Summary

VCT Construct has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,362 and a net result of €44,601. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 37% of 9,394 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 02-02-2016 Normal situation
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.250.470.472 9820 Merelbeke-Melle, since 05-02-2016
Financial year end
31 December
Peppol
Reachable since 17-04-2026

Board and ownership

Board
  • Van Caenegem ThomasDirector · since 02-02-2016

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€69,161
▼ 10.5%
Turnover
≈ €360,000
estimated
Profit
€44,601
▼ 57.3%
Equity
€126,362
▼ 37.4%
Total assets
€408,931
▼ 11.0%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 01-05-2026)Founded in 2016Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 38% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 56-13
equity 30.9% of total assets
Liquidity 40-28
short-term debt 41.3% · cash 7.4%
Profitability 82-15
return on assets 10.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.4%▲ +0.2 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.7%▲ +0.4 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.2 percentage points vs 04-2026 06-2026: 1.1%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 1.1%● unchanged vs 06-2026highest value 08-2026: 0.9%▼ -0.2 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.25 (1.67 in 2024), below 1. Short-term debt is 41.3% and cash 7.4% of total assets. 69.1% of the assets are financed with debt and provisions.
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 38% of them on solvency, 36% on liquidity, 65% on profitability and 13% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 01-05-2026)
NBB · annual accounts
lowers risk · Founded in 2016
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 30-04-2026, 92 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
92 days early
2024
133 days early
2023
69 days early
2022
56 days early
2021
11 days early
2020
116 days early
2019
106 days early
← 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 83 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 24 May (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €104,331 to €44,601 ▼ 57.3% View
  • Positive: Higher net result than 85% of companies in construction of buildingssector median €8,554 · 9,384 companies €44,601 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €44,601 8 years View

Recent changes

  1. · Gazette deed Company renamed from JATS to VCT ConstructRegistered office moved within Merelbeke-Melle
  2. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as VCT Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €389,000 and €488,000, founded between 2015 and 2016.

CompanyTotal assetsGross margin
VCT Construct Merelbeke-Melle€408,931€69,161
BOUWONDERNEMING STERCKX JURGEN Ninove€389,014€62,495
VAN ZIELEGHEM K Gent€393,266€63,714
BUILDING CONSTRUCTION PARTNERSHIP Dendermonde€488,284€71,757
BCLS Construct La Bruyère€398,180€64,555
R&L PROJECTS Asse€409,432€75,079
COTTAGE IMMO Esneux€443,388€75,188
Full comparison

Key facts about VCT Construct

What is the company number of VCT Construct?
The company number of VCT Construct is 0647.857.159. The VAT number is the same number with BE in front: BE 0647.857.159.
Where is VCT Construct based?
The registered office is at Vinkenlaan 34, 9820 Merelbeke-Melle.Company details
What does VCT Construct do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VCT Construct?
The legal form of VCT Construct is Private limited company (BV).
When was VCT Construct founded?
VCT Construct was founded on 02-02-2016.
Is VCT Construct still active?
Yes, VCT Construct is an active enterprise in the KBO register.
What is the turnover of VCT Construct?
The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €69,161 and 107 comparable companies (NACE 41001). It probably lies between €260,000 and €640,000.Financials
Is VCT Construct profitable?
In financial year 2025, VCT Construct made a profit of €44,601.
Where can I find the annual accounts of VCT Construct?
VCT Construct filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VCT Construct due?
VCT Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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