VDC Construct
ActiveSummary
VDC Construct has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,604 and a net result of €94,627. Equity is growing by about 531% per year across the filed financial years. Its solvency ranks better than 17% of 2,752 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Equity
- €103,604
- Profit
- €94,627
- Parent
- VDC Technics · 100%
- JACOBS ElodieDirector
- VDC TechnicsManaging director · permanent representative VAN DER CAMMEN Kenneth
Why 69raises riskSector: Construction of residential and non-residential buildings (NACE 41)Equity €103,604 (8.5% of total assets)Founded in 2022lowers riskSize: total assets €1.2mShow the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 17% on solvency, 21% on liquidity, 53% on profitability and 99% on growth.
The bankruptcy probability was computed on 21-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 40 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Reappointment: VDC Technics (director)Permanent representative: VAN DER CAMMEN…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2023 to 2025net €94,627 ▲12,805%
Financials · financial year 2025, abbreviated format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 10,966% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.1% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,193 | €2,930 | €14,665 | ▲ 400% |
| Other operating charges640/8 | €882 | €778 | €656 | ▼ 15.7% |
| Gross operating margin9900 | -€50,558 | €4,879 | €144,845 | ▲ 2,869% |
| Operating profit (loss)9901 | -€52,633 | €1,171 | €129,524 | ▲ 10,966% |
| Financial income75/76B | €488 | €2,027 | €1,518 | ▼ 25.1% |
| Recurring financial income75 | €488 | €2,027 | €1,518 | ▼ 25.1% |
| Financial charges65/66B | €1,611 | €2,464 | €25,562 | ▲ 937% |
| Recurring financial charges65 | €1,611 | €2,464 | €25,562 | ▲ 937% |
| Profit (loss) for the period before taxes9903 | -€53,756 | €733 | €105,480 | ▲ 14,285% |
| Income taxes67/77 | - | - | €10,853 | - |
| Profit (loss) for the period9904 | -€53,756 | €733 | €94,627 | ▲ 12,805% |
| Profit (loss) for the period to be appropriated9905 | -€53,756 | €733 | €94,627 | ▲ 12,805% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.8m | €0.9m | €1.2m | ▲ 42.7% |
| Formation expenses20 | €0.001m | €0.001m | €0.001m | ▼ 42.4% |
| Fixed assets21/28 | €0.002m | €0.02m | €0.3m | ▲ 1,451% |
| Tangible fixed assets22/27 | €0.002m | €0.02m | €0.3m | ▲ 1,451% |
| Land and buildings22 | - | - | €0.3m | - |
| Plant, machinery and equipment23 | €0.002m | €0.02m | €0.02m | ▼ 18.0% |
| Current assets29/58 | €0.8m | €0.8m | €0.9m | ▲ 5.5% |
| Stocks and contracts in progress3 | €0.7m | €0.8m | €0.5m | ▼ 32.5% |
| Stocks30/36 | €0.7m | €0.8m | €0.5m | ▼ 32.7% |
| Contracts in progress37 | - | - | €0.001m | - |
| Amounts receivable within one year40/41 | €0.002m | €0.005m | €0.1m | ▲ 2,101% |
| Trade receivables40 | €156 | €0.002m | €0.1m | ▲ 5,723% |
| Other amounts receivable41 | €0.002m | €0.003m | €0.01m | ▲ 222% |
| Cash at bank and in hand54/58 | €0.1m | €0.06m | €0.2m | ▲ 311% |
| Deferred charges and accrued income490/1 | - | €14 | €0.002m | ▲ 13,081% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.8m | €0.9m | €1.2m | ▲ 42.7% |
| Equity10/15 | €0.008m | €0.009m | €0.1m | ▲ 1,054% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | = |
| Capital10 | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | - | - | €0.005m | - |
| Non-distributable reserves130/1 | - | - | €0.005m | - |
| Legal reserve130 | - | - | €0.005m | - |
| Profit (loss) carried forward14 | -€0.05m | -€0.05m | €0.04m | - |
| Amounts payable17/49 | €0.8m | €0.8m | €1.1m | ▲ 31.9% |
| Amounts payable within one year42/48 | €0.8m | €0.8m | €1.1m | ▲ 30.4% |
| Trade debts44 | €0.2m | €0.2m | - | - |
| Suppliers440/4 | €0.2m | €0.2m | - | - |
| Taxes, remuneration and social security45 | - | - | €0.07m | - |
| Taxes450/3 | - | - | €0.07m | - |
| Other amounts payable47/48 | €0.6m | €0.7m | €1.0m | ▲ 52.0% |
| Accrued charges and deferred income492/3 | - | - | €0.01m | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€53,756 | €733 | €94,627 | ▲ 12,805% |
| + Depreciation and write-downs630 | €1,193 | €2,930 | €14,665 | ▲ 400% |
| Operating cash flow (approximation) | -€52,563 | €3,664 | €109,292 | ▲ 2,883% |
| Investment in fixed assets (approximation) | - | -€22,666 | -€333,104 | ▼ 1,370% |
| Change in cash | - | -€63,918 | €185,903 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-06-2026 | 2026-00152284 |
| 31-12-2024 | abbreviated format | 10-06-2025 | 2025-00127812 |
| 31-12-2023 | abbreviated format | 11-07-2024 | 2024-00234660 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| JACOBS Elodie |
|
| VDC Technics |
|
Owners and capital
Owners
1 ownerChain of control
- VDC Technics
- VDC Construct
Highest known parent: VDC Technics. The sources do not say who stands above it.
Owners 1
- VDC Technicsparent100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
14-07
Gazette deed
Reappointment: VDC Technics (director)Permanent representative: VAN DER CAMMEN Kenneth · Appointments: JACOBS Elodie (director) and VDC Technics (managing director) · Amendment of the articles9 facts ▸
- General meeting, 07-07-2026
- Amendment of the articles
- Director reappointment, VDC Technics (director)
- Permanent representative, VAN DER CAMMEN Kenneth
- Director appointment, JACOBS Elodie (director)
- Board meeting, “machtiging om voorgaande beslissingen ten uitvoer te brengen, bestuursorgaan” (deed in Dutch)
- Power of attorney, Notega Notarissen
- Board meeting, 07-07-2026
- Director appointment, VDC Technics (managing director)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 21 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0785.850.151
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 43006A0182/00D000 | Flanders | 4,612 m² | 1 · 1,772 m² | 9.8 m · 2 |
How the parcels are linked
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTIKEL 21 - Externe vertegenwoordigingsmacht De vennootschap wordt ten aanzien van derden rechtsgeldig verbonden, overeenkomstig de wet…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering bepaald, onbeperkt hernieuwbaar” (deed in Dutch)“Te allen tijde en zonder opgave van redenen met onmiddellijke ingang” (deed in Dutch)“Aangetekende brief gericht aan de raad van bestuur, verder zijn opdracht te vervullen totdat in zijn vervanging is voorzien binnen een…” (deed in Dutch)“Geen afbreuk aan regelmatigheid van samenstelling tot op dat ogenblik, eerstvolgende algemene vergadering” (deed in Dutch)“Oudste in jaren van de aanwezige bestuurders, door raad van bestuur onder zijn leden” (deed in Dutch)“Brief, telefax of e-mail, voorzitter of twee bestuurders of gedelegeerd bestuurder” (deed in Dutch)“Schriftelijk aan één collega, tenminste de helft van de leden aanwezig of vertegenwoordigd” (deed in Dutch)“Bijzonder register, volmachten, adviezen en stemmen schriftelijk (per brief, fax of e-mail, (digitaal) ondertekend)” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking van het voorwerp, handelingen waarvoor volgens de wet de algemene vergadering bevoegd…” (deed in Dutch)“Directeur, vertegenwoordiging van de vennootschap wat dat bestuur aangaat” (deed in Dutch)“Andersluidende beslissing van de algemene vergadering, niet bezoldigd en kosteloos” (deed in Dutch)1 more provision on this in the deed