VD.E.Z. Construct
Annual accounts 2025
micro format, filed on 07-03-2026, 146 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €36,005 on 31-12-2025in euro
in euro
Position in the sector
42.8%
Higher than 45% of 35,156 companies in 2025.
1.32
Higher than 34% of 34,529 companies in 2025.
-38.6%
Lower than 95% of 34,730 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
36,005 | 50,380 | 58,555 | 64,788 | 53,424 | 76,112 | 106,158 | 85,159 | 100,602 | 117,467 | 107,667 | 97,289 | 84,110 | 93,798 | |
21/28 |
8,857 | 15,431 | 24,067 | 31,854 | 28,533 | 34,474 | 73,038 | 24,165 | 46,306 | 51,553 | 31,118 | 33,550 | 33,680 | 47,628 | |
22/27 |
8,857 | 15,431 | 24,067 | 31,854 | 28,533 | 34,474 | 73,038 | 24,165 | 46,306 | 51,553 | 31,118 | 33,550 | 33,680 | 47,628 | |
23 |
0 | 0 | 0 | 0 | 0 | 0 | 3,308 | 12,779 | 20,939 | 14,894 | 726 | 2,026 | 2,807 | 3,523 | |
24 |
8,857 | 15,430 | 24,066 | 31,854 | 28,533 | 34,474 | 69,730 | 11,387 | 25,367 | 36,659 | 30,392 | 31,524 | 30,873 | 44,105 | |
29/58 |
27,148 | 34,949 | 34,488 | 32,934 | 24,891 | 41,638 | 33,119 | 60,993 | 54,296 | 65,914 | 76,549 | 63,739 | 50,430 | 46,170 | |
40/41 |
598 | 1,250 | 1,935 | 3,821 | 3,341 | 3,365 | 20,067 | 35,409 | 15,231 | 15,521 | 10,023 | 22,641 | 14,014 | 7,125 | |
40 |
485 | 1,250 | 1,935 | 3,821 | 3,341 | 1,541 | 9,075 | 23,742 | 1,484 | 5,470 | 9,812 | 10,795 | 5,219 | 3,809 | |
41 |
114 | - | - | - | - | 1,825 | 10,992 | 11,667 | 13,746 | 10,051 | 211 | 11,846 | 8,795 | 3,317 | |
54/58 |
26,550 | 33,699 | 32,554 | 29,113 | 21,549 | 38,272 | 10,228 | 22,731 | 35,950 | 47,360 | 63,114 | 37,789 | 33,186 | 36,348 | |
490/1 |
- | - | - | - | - | - | 2,825 | 2,854 | 3,115 | 3,033 | 3,412 | 3,309 | 3,230 | 2,697 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
36,005 | 50,380 | 58,555 | 64,788 | 53,424 | 76,112 | 106,158 | 85,159 | 100,602 | 117,467 | 107,667 | 97,289 | 84,110 | 93,798 | |
10/15 |
15,416 | 29,323 | 33,054 | 41,917 | 19,756 | 29,921 | 38,244 | 74,924 | 73,941 | 73,902 | 86,047 | 62,226 | 46,460 | 38,139 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 56,000 | 40,000 | 31,000 | |
133 |
79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 79,000 | 56,000 | 40,000 | 31,000 | |
14 |
-69,784 | -55,877 | -52,146 | -43,283 | -65,444 | -55,279 | -46,956 | -10,276 | -11,259 | -11,298 | 847 | 26 | 260 | 939 | |
17/49 |
20,588 | 21,057 | 25,501 | 22,871 | 33,668 | 46,191 | 67,914 | 10,235 | 26,661 | 43,565 | 21,620 | 35,064 | 37,650 | 55,659 | |
17 |
- | - | - | - | 9,488 | 18,234 | 43,237 | 5,468 | 13,595 | 24,911 | 8,073 | 17,621 | 22,957 | 37,576 | |
170/4 |
- | - | - | - | 9,488 | 18,234 | 43,237 | 5,468 | 13,595 | 24,911 | 8,073 | 17,621 | 22,957 | 37,576 | |
42/48 |
20,588 | 21,057 | 25,501 | 22,871 | 24,180 | 27,957 | 24,677 | 4,767 | 13,066 | 18,654 | 13,547 | 17,443 | 14,693 | 18,083 | |
42 |
- | - | - | - | 8,076 | 9,712 | 14,677 | 4,767 | 13,066 | 13,609 | 8,543 | 16,783 | 14,618 | 13,905 | |
44 |
156 | 351 | 190 | 631 | 6,689 | 4,639 | - | - | - | - | 54 | - | 75 | 1,125 | |
440/4 |
156 | 351 | 190 | 631 | 6,689 | 4,639 | - | - | - | - | 54 | - | 75 | 1,125 | |
45 |
150 | 245 | 1,496 | 619 | 681 | 2,513 | - | - | - | 5,046 | 4,950 | 660 | - | 2,100 | |
450/3 |
150 | 245 | 1,496 | 619 | 681 | 2,513 | - | - | - | 5,046 | 4,950 | 660 | - | 2,100 | |
47/48 |
20,282 | 20,462 | 23,815 | 21,621 | 8,734 | 11,094 | 10,000 | - | - | - | - | - | - | 954 | |
| Income statement | |||||||||||||||
76A |
- | - | 106 | 1,144 | - | - | - | - | - | - | - | - | - | - | |
9900 |
-5,966 | 6,078 | 570 | 27,289 | 950 | 6,445 | -6,126 | 43,038 | 26,854 | 8,721 | 100,782 | 50,848 | 29,393 | 80,677 | |
630 |
6,574 | 6,574 | 7,788 | 4,024 | 9,252 | 11,927 | 16,130 | 13,597 | 20,569 | 18,766 | 14,401 | 15,511 | 14,402 | 23,814 | |
640/8 |
1,225 | 850 | 1,553 | 792 | 1,832 | 2,301 | 4,252 | 2,032 | 1,402 | 1,632 | 1,601 | 1,410 | 1,549 | 2,690 | |
66A |
- | 2,062 | - | - | - | - | 11,387 | 24,257 | - | - | 47,409 | 8,720 | - | - | |
9901 |
-13,765 | -3,409 | -8,771 | 22,473 | -10,134 | -7,783 | -37,895 | 3,151 | 4,883 | -11,676 | 84,781 | 33,927 | 13,443 | 54,174 | |
75/76B |
0 | 1 | 153 | 84 | 486 | 486 | 40 | 4 | 64 | 38 | 99 | 105 | 132 | 33 | |
75 |
0 | 1 | 83 | 84 | 21 | 16 | 40 | 4 | 64 | 38 | 99 | 105 | 132 | 33 | |
76B |
- | - | 70 | - | 465 | 470 | - | - | - | - | - | - | - | - | |
65/66B |
54 | 123 | 44 | 195 | 355 | 2,633 | 1,027 | 973 | 808 | 412 | 1,657 | 1,870 | 2,528 | 5,163 | |
65 |
54 | 123 | 44 | 195 | 355 | 749 | 1,027 | 973 | 808 | 412 | 1,657 | 1,870 | 2,528 | 5,163 | |
66B |
- | - | - | - | - | 1,884 | - | - | - | - | - | - | - | - | |
9903 |
-13,819 | -3,531 | -8,662 | 22,363 | -10,003 | -9,930 | -38,882 | 2,183 | 4,138 | -12,050 | 35,813 | 23,442 | 11,047 | 49,044 | |
67/77 |
88 | 200 | 202 | 201 | 163 | -1,607 | -2,202 | 1,200 | 4,099 | 96 | 11,992 | 7,676 | 2,726 | 17,105 | |
9904 |
-13,906 | -3,731 | -8,864 | 22,162 | -10,165 | -8,323 | -36,680 | 983 | 39 | -12,145 | 23,822 | 15,766 | 8,320 | 31,939 | |
9905 |
-13,906 | -3,731 | -8,864 | 22,162 | -10,165 | -8,323 | -36,680 | 983 | 39 | -12,145 | 23,822 | 15,766 | 8,320 | 31,939 | |
| Appropriation of the result | |||||||||||||||
9906 |
-69,784 | -55,877 | -52,146 | -43,283 | -65,444 | -55,279 | -46,956 | -10,276 | -11,259 | -11,298 | 23,847 | 16,026 | 9,260 | 31,939 | |
14P |
-55,877 | -52,146 | -43,283 | -65,444 | -55,279 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 23,000 | 16,000 | 9,000 | 31,000 | |
6921 |
- | - | - | - | - | - | - | - | - | - | 23,000 | 16,000 | 9,000 | 31,000 | |
| Document | |||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-03-2026.
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 | 07-03-2026 | 2026-00050859 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00238063 | |
| 31-12-2023 | micro format | 06-05-2024 | 2024-00086182 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00190163 | |
| 31-12-2021 | micro format | 16-06-2022 | 2022-20071637 | |
| 31-12-2020 | micro format | 29-04-2021 | 2021-13100005 | |
| 31-12-2019 | micro format | 17-06-2020 | 2020-18600401 | |
| 31-12-2018 | micro format | 19-06-2019 | 2019-20000564 | |
| 31-12-2017 | micro format | 23-07-2018 | 2018-37100299 | |
| 31-12-2016 | micro format | 21-06-2017 | 2017-20100538 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-21900112 | |
| 31-12-2014 | abbreviated format | 02-06-2015 | 2015-14600242 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-24900456 | |
| 31-12-2012 | abbreviated format | 05-06-2013 | 2013-15700102 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -7,191 | 3,165 | -983 | 26,497 | -882 | 4,144 | -21,765 | 16,748 | 25,452 | 7,090 | 99,181 | 49,438 | 27,845 | 77,988 | ||
| -7,332 | 2,843 | -1,076 | 26,186 | -914 | 3,604 | -20,551 | 14,579 | 20,609 | 6,621 | 38,222 | 31,277 | 22,722 | 55,753 | ||
| 0 | -2,062 | 0 | 33,201 | 3,310 | -26,637 | 76,389 | 15,714 | 15,322 | 39,201 | 59,378 | 24,101 | 454 | 71,442 | ||
| -7,149 | 1,145 | 3,440 | 7,564 | -16,723 | 28,045 | -12,503 | -13,219 | -11,409 | -15,755 | 25,326 | 4,603 | -3,163 | - | ||
| 6,559 | 13,892 | 8,987 | 10,063 | 710 | 13,680 | 8,443 | 56,226 | 41,230 | 47,259 | 63,002 | 46,296 | 35,737 | 28,087 | ||
| 42.8% | 58.2% | 56.4% | 64.7% | 37.0% | 39.3% | 36.0% | 88.0% | 73.5% | 62.9% | 79.9% | 64.0% | 55.2% | 40.7% | ||
| 1.32 | 1.66 | 1.35 | 1.44 | 1.03 | 1.49 | 1.34 | 12.79 | 4.16 | 3.53 | 5.65 | 3.65 | 3.43 | 2.55 | ||
| 1.34 | 0.72 | 0.77 | 0.55 | 1.70 | 1.54 | 1.78 | 0.14 | 0.36 | 0.59 | 0.25 | 0.56 | 0.81 | 1.46 | ||
| -90.2% | -12.7% | -26.8% | 52.9% | -51.5% | -27.8% | -95.9% | 1.3% | 0.1% | -16.4% | 27.7% | 25.3% | 17.9% | 83.7% | ||
| -38.6% | -7.4% | -15.1% | 34.2% | -19.0% | -10.9% | -34.6% | 1.2% | 0.0% | -10.3% | 22.1% | 16.2% | 9.9% | 34.1% | ||
| -133.19 | 25.79 | -22.32 | over 100 | -2.49 | - | - | - | - | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €33,201 | €3,310 |
| €6,574 | €6,574 | €7,788 | €4,024 | €9,252 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on VD.E.Z. Construct
The operating result for 2025 is a loss of €13,765, larger than the loss of €3,409 in 2024. It is the lowest result since 2019.
Debt's share of the balance-sheet total rises from 41.8% to 57.2%. Equity and debt are lower.