Equity
€160,291 ▲ 67.9%
Equity rose in 2025 from €95,488 to €160,291.
VDDconstruct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €138,493 (2024)
€117,265▼ 15.3%
peak €93,988 (2024)
€64,803▼ 31.1%
peak €160,291 (2025)
€160,291▲ 67.9%
€109,816▲ 94.2%
Board1 name since 2023
1 director
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €138,493 to €117,265Result from €93,988 to €64,803Equity from €95,488 to €160,291Debts from €56,553 to €109,816Investments €148,545Cash from €55,416 to €33,776
Key points
from the 2025 annual accountsTurnover
≈ €390,000 estimated
The micro format states no turnover.
Investments
€161,670 9.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.57 was 2.62 in 2024
Short-term debts fell from €46,202 to €30,023.
Starting capital
€1,500 100 shares
Position in the sector
€64,803
Higher net result than 91% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as VDDconstruct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
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 39,278 companies, not a prediction for VDDconstruct. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803341924
Incorporation
Founding capital of €1,500, 100 shares · Founder: · Appointment: (director) · published on 03-07-2023 · Gazette deed
First establishment
Roesbeke 9, Ninove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VDDconstruct Ninove | €270,107 | €117,265 | 59.3% | - |
| Andy Du Bois Ninove | €291,183 | €104,396 | 59.8% | - |
| Algemene bouwonderneming Mathias Mouton Aalter | €284,319 | €121,333 | 52.2% | - |
| HBR CONSTRUCT Aalter | €254,550 | €125,106 | 76.7% | - |
| Schijvens Ghent | €316,962 | €105,126 | 70.7% | - |
| De Page Andy & Jonas Ghent | €275,162 | €102,669 | 59.3% | - |
| BAJABOUW Dendermonde | €338,648 | €109,514 | 48.2% | - |
These companies have the same main activity as VDDconstruct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €255,000 and €339,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 29-06-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.347.649.2309402 Ninove, since 29-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-07-2025
Annual accounts 2025
- €117,265▼ 15.3%
- €64,803▼ 31.1%
- €160,291▲ 67.9%
- €270,107▲ 77.7%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on VDDconstruct
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-06-2026, 57 days before the deadline€117,265
▼ 15.3%
€93,989
▼ 21.3%
€64,803
▼ 31.1%
€77,152
▲ 2.8%
59.3%
▼ 3.5 percentage points
3.57
▲ 0.95
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €390,000. Estimated: probably between €270,000 and €600,000.
Balance sheet
balance sheet total €270,107 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
59.3%
Higher than 67% of 9,471 companies in 2025.
3.57
Higher than 80% of 9,219 companies in 2025.
24.0%
Higher than 79% of 9,291 companies in 2025.
VDDconstruct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
270,107 | 152,041 | |
21/28 |
162,932 | 30,774 | |
22/27 |
162,853 | 30,770 | |
23 |
13,120 | 14,954 | |
24 |
149,732 | 15,816 | |
28 |
80 | 5 | |
29/58 |
107,175 | 121,267 | |
40/41 |
72,563 | 65,549 | |
40 |
1,574 | - | |
41 |
70,989 | 65,549 | |
54/58 |
33,776 | 55,416 | |
490/1 |
836 | 302 | |
| Balance sheet: equity and liabilities | |||
10/49 |
270,107 | 152,041 | |
10/15 |
160,291 | 95,488 | |
10/11 |
1,500 | 1,500 | |
14 |
158,791 | 93,988 | |
17/49 |
109,816 | 56,553 | |
17 |
79,693 | 10,352 | |
170/4 |
79,693 | 10,352 | |
42/48 |
30,023 | 46,202 | |
42 |
22,149 | 5,008 | |
44 |
2,788 | 12,342 | |
440/4 |
2,788 | 12,342 | |
45 |
5,086 | 27,599 | |
450/3 |
5,086 | 27,599 | |
47/48 |
- | 1,252 | |
492/3 |
100 | - | |
| Income statement | |||
76A |
6,225 | - | |
9900 |
117,265 | 138,493 | |
630 |
16,387 | 12,191 | |
640/8 |
6,889 | 6,906 | |
9901 |
93,989 | 119,396 | |
75/76B |
- | 19 | |
75 |
- | 19 | |
65/66B |
2,989 | 1,427 | |
65 |
2,989 | 1,427 | |
9903 |
91,000 | 117,988 | |
67/77 |
26,197 | 24,000 | |
9904 |
64,803 | 93,988 | |
9905 |
64,803 | 93,988 | |
| Appropriation of the result | |||
9906 |
158,791 | 93,988 | |
14P |
93,988 | - | |
| Document | |||
The notes to these accounts have 10 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 04-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 110,375 | 131,587 | ||
| 81,190 | 106,179 | ||
| 161,745 | 42,965 | ||
| -21,640 | - | ||
| 77,152 | 75,065 | ||
| 59.3% | 62.8% | ||
| 3.57 | 2.62 | ||
| 0.69 | 0.59 | ||
| 40.4% | 98.4% | ||
| 24.0% | 61.8% | ||
| 36.93 | 92.20 |
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 |
|---|---|---|
| Tangible fixed assets | €161,670 | €42,961 |
| Financial fixed assets | €75 | €5 |
| €16,387 | €12,191 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on VDDconstruct
The operating result for 2025 is 21% lower than in 2024.
Debt's share of the balance-sheet total rises from 37.2% to 40.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 03-07-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 04-06-2026
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 03-07-2023, still in office
Control
Founder
This company
VDDconstruct
Equity €160,291
Profit €64,803 in 2025
Capital
- Contribution
- €1,500
- Shares
- 100
- Contribution per share
- €15
- Equity per share
- €1,603 in 2025
- Source
- deed of 03-07-2023
Articles of association
deed of 03-07-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of May at 11:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 03-07-2023 ↗
- 100 shares (100%) · €1,500
Network & group
No group
VDDconstruct has no parent and no holdings in its annual accounts. is the only director. VDDconstruct shares no director with another company.
At the same address
Roesbeke 9, 9402 Ninove · 2 other companies| J&A construct
registered office since 29-06-2023 · founded in 2023 |
total assets €63,031 (2025) 0803.342.716 |
| Puha, Constantin (sole trader)
establishment since 23-04-2012 |
founded in 2012 0845.510.891 |
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 57 days before the deadline
2025
Equity above €150,000 equity €160,291 ▲67.9% With a profit in every financial year since 2024, equity grows to €160,291.
Annual accounts 2024 filed PDFmicro format · 26 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803341924
2023
IncorporationFounding capital of €1,500, 100 shares · Founder: · Appointment: (director) · published on 03-07-20236 points ▸
- Founder,
- Founding capital, €1,500, 100 shares
- Registered office clause, Roesbeke 9, 9402 Ninove
- Director appointment, (director (not named in the articles))
- Power of attorney,
- Power of attorney,
- The deed holds 3 more points.
First establishment Roesbeke 9, Ninove
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0803.341.924
- VAT number
- BE 0803.341.924
- Peppol ID
- 0208:0803341924
- Other Peppol ID
- 9925:BE0803341924
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 29-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of May at 11:00deed of 03-07-2023 (in Dutch)
- Peppol
- Reachable since 24-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- VDDconstruct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 03-07-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 03-07-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het aannemen,zo privaat als openbaar,zo geheel als gedeeltelijk,zo voor eigen rekening als voor rekening van derden,van algemene bouwwerken…”deed of 03-07-2023 (in Dutch)
14 activities
- Het aannemen,zo privaat als openbaar,zo geheel als gedeeltelijk,zo voor eigen rekening als voor rekening van derden,van algemene bouwwerken van welke aard ook,ruwbouw en onder dak zetten,metsel- en betonwerken,grondwerken,slopingswerken,dakwerken,lood- en zinkwerken,tegel- en voegwerken,muur- en vloerbedekkingen,alsmede het verhandelen van sleutel op de deur,alsook de aankoop,de in en uitvoer,de distributie en de verkoop,hetzij rechtstreeks,hetzij als tussenpersoon van bouwmaterialen,en bouwproducten,bijhorigheden en nevenproducten het voorgaand betreffend
- Alsmede het presteren van alle mogelijke diensten die kunnen verband houden met wat voorafgaat,alles in de ruimste zin van het woord
- Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers
- Onderneming voor het boren en aanleggen van waterputten,graven van mijnschachten
- Bouwrijp maken van terreinen
- Ruimen van bouwterreinen
- Aanbrengen in gebouwen en andere bouwwerken van thermische isolatiemateriaal
- Aanbrengen in gebouwen en andere bouwwerken van isolatiemateriaal tegen geluid en trillingen
- Overige installaties (inclusief accessoires)
- Algemene bouwinstallatie
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Onderneming voor het uitvoeren van voegwerken
- Onderneming voor het bouwen van funderingen,inclusief heien
- Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Roesbeke 9 registered office 9402 Ninove | 29-06-2023 | 2.347.649.230 |
Buildings and parcels at the address
- Ground area
- 1,949 m²
- Buildings
- 101 m²
- Volume, LiDAR
- 589 m³
- Tallest building
- 7.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41038B0155/00S000 | 1,949 m² | 1 · 101 m² | 7.8 m · 2 |
Invoicing and payment
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 0803.341.924