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VD Concept

Active Private limited companyfounded 2007active for 19 yearsSteenweg op Merchtem 294, 1780 WemmelKBO/BCE: BE 0886.498.737

Lifetime

18 annual accounts with figures on one time axis
peak €34,877 (2010)
-€900▲ €10,472
lowest -€53,769 (2012)
-€2,110▲ €10,128
peak €41,921 (2011)
-€20,266▼ €2,110
€21,833▼ 45.5%
Board3 names since 2012
2 directors and 1 other
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from -€11,372 to -€900Loss of €2,110Debts from €40,031 to €21,833

Key points

from the 2025 annual accounts

Equity

-€20,266
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€24,577 in five years
-4,4102021-3,0452022-2,7732023-12,2392024-2,1102025

Every financial year from 2021 to 2025 closed with a loss. 2024 was the heaviest.

Position in the sector

-1293.1%

Lower solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

2025 accounts filed 2 days after the deadlineTurnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as VD Concept has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 6,909 companies, not a prediction for VD Concept. 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, since 30-06-2012
Manager, since 30-06-2012
  • 168 sharesdeed of 14-12-2016
  • all the sharesdeed of 14-12-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0886498737
Company renamed from EUROTEAM CONSTRUCT to VD Concept Change of role: , from manager to director · General meeting of 06-03-2024 · Gazette deed
Transfer of 168 shares from to Resignation: (manager) · holds 168 shares · holds 18 shares · General meeting of 24-11-2016 · Gazette deed
Registered office moved from Jette to Wemmel New registered office: Chaussée de Merchtem 294, 1780 Wemmel · Previous registered office: Avenue Broustin, 36 à 1090 Jette · Appointment: (manager) · General meeting of 06-08-2015 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
VD Concept Wemmel €1,567 -€900 -1293.1% -
Renova Peinture Brussels €1,521 -€201 -231.5% -
KREO-DESIGN Pajottegem €1,857 -€875 -3988.0% -
HMW ALGEMENE BOUW Heusden-Zolder €3,393 -€2,897 -61.7% -
LUDO LAUWERS Sint-Niklaas €3,625 -€4,392 -22.2% -
ROOM SERVICE DC Denderleeuw €603 -€71,558 -3050.7% -
PEINTURES VERSET Lessines €3,568 -€2,205 -481.8% -

These companies have the same main activity as VD Concept: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €603 and €3,630, founded between 1983 and 2012.

Official details

Source: KBO
Status
Active since 16-01-2007Normal situation
Activity
Painting of buildingsNACE 43341and 3 others
Establishment unit
2.159.692.2311780 Wemmel, since 21-02-2007
Financial year end
30 June
Peppol
Reachable since 15-10-2024
Company details

Annual accounts to 30-06-2025

€1,567▼ 92.8%
Filing
Filed on 02-02-2026
Financials

Insights on VD Concept

VD Concept files the micro format. That format states no turnover. The gross margin fell from €5,147 in 2008 to -€900 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 VD Concept

What is the company number of VD Concept?
The company number of VD Concept is 0886.498.737. The VAT number is the same number with BE in front: BE 0886.498.737.
Where is VD Concept based?
The registered office is at Steenweg op Merchtem 294, 1780 Wemmel.Company details
What does VD Concept do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of VD Concept?
VD Concept is a private limited company (BV).
When was VD Concept founded?
VD Concept was founded on 16-01-2007.
Is VD Concept still active?
Yes, VD Concept is an active enterprise in the KBO register.
What is the turnover of VD Concept?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is VD Concept profitable?
In financial year 2025, VD Concept made a loss of €2,110.
Where can I find the annual accounts of VD Concept?
VD Concept filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VD Concept due?
VD Concept must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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