Equity
Equity fell by 82% in 10 years.
Equity fell by 82% in 10 years.
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
The last five annual accounts were filed 31 to 146 days before the end of the period.
In July 2024, 4,805 companies had the same profile as VD.E.Z. Construct has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 4,805 companies, not a prediction for VD.E.Z. 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.
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 | ||||
|---|---|---|---|---|
| VD.E.Z. Construct Putte | €36,005 | -€5,966 | 42.8% | - |
| Rudinvest Wijnegem | €31,170 | -€93,012 | -614.7% | - |
| BONNE FILIP Hasselt | €34,582 | -€4,840 | -179.6% | - |
| JB 2012 Anderlecht | €36,993 | -€2,892 | 94.8% | - |
| RENO NOWAK Steenokkerzeel | €36,581 | -€31,711 | 47.4% | - |
| H & O CONCEPTS Tielt-Winge | €40,845 | -€8,660 | 11.3% | - |
| DESIGN ET CREATION MENUISERIE Florennes | €40,710 | -€10,537 | -320.9% | - |
These companies have the same main activity as VD.E.Z. Construct: joinery installation (NACE 43320). They are comparable in size and age: total assets between €31,200 and €40,800, founded between 2010 and 2013.
VD.E.Z. Construct files the micro format. That format states no turnover. The gross margin fell from €80,677 in 2012 to -€5,966 in 2025.
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.
Higher than 45% of 35,156 companies in 2025.
Higher than 34% of 34,529 companies in 2025.
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
| 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.
| 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 |
| 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.
| 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)
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.
VD.E.Z. Construct has no parent and no holdings in its annual accounts. VD.E.Z. Construct shares no director with another company.
| Grondwerken Van Hoof
establishment since 07-01-1992 · founded in 1991 |
total assets €812,308 (2025) 0446.049.055 |
| SEPTENTRIONUM
registered office since 29-12-2023 · founded in 2023 |
total assets €602,027 (2025) 1004.042.545 |
| Chris Van Hoof
registered office since 09-04-2018 · founded in 2018 |
total assets €181,831 (2025) 0692.860.706 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| VD.E.Z. Construct BVBA registered office Mechelbaan 659, 2580 Putte 16230 Manufacture of other builders' carpentry and joinery | 27-04-2011 | 2.202.063.217 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12029D0228/00Y000 | 1,156 m² | 1 · 187 m² | 7.4 m · 2 |
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 0835.797.629
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