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VDV AFBRAAKWERKEN

Active
Private limited companyfounded 1996active for 29 yearsNeringsweg 10, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0459.396.849
Summary

VDV AFBRAAKWERKEN has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €160, of which €1,564 non-recurring income. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 27% of 9,849 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow ReportCompare
VDV AFBRAAKWERKENActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Demolition
NACE 43110
1 site
Size
≈ €6.1mturnover 2025, estimated
Staff
6 FTE
Equity
€1.1m
Profit
€160
Turnover estimated from the gross margin
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts 8 days early2 of 8 deeds summarised
Why 65raises riskLiquidity: current ratio 0.74, cash €32,307Sector: Specialised construction activities (NACE 43)Equity €1.1m (25.2% of total assets)lowers riskFounded in 1996Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 50+2
equity 25.2% of total assets
Liquidity 35-38
short-term debt 35.0% · cash 0.7%
Profitability 69-7
return on assets 0.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.2%▲ +0.1 percentage points vs 11-2024 01-2025: 1.5%▲ +0.3 percentage points vs 12-2024 02-2025: 2.2%▲ +0.7 percentage points vs 01-2025 03-2025: 2.7%▲ +0.5 percentage points vs 02-2025 04-2025: 3.7%▲ +1.0 percentage point vs 03-2025 05-2025: 4.2%▲ +0.5 percentage points vs 04-2025 06-2025: 4.5%▲ +0.3 percentage points vs 05-2025 07-2025: 6.4%▲ +1.9 percentage points vs 06-2025 08-2025: 6.4%● unchanged vs 07-2025 09-2025: 6.4%● unchanged vs 08-2025highest value 10-2025: 5.9%▼ -0.5 percentage points vs 09-2025 11-2025: 5.9%● unchanged vs 10-2025 12-2025: 5.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -5.1 percentage points vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026lowest value 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 0.8%● unchanged vs 03-2026lowest value 05-2026: 0.8%● unchanged vs 04-2026lowest value 06-2026: 0.8%● unchanged vs 05-2026lowest value 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.1 percentage points vs 09-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.74, compared with 0.59 in 2023, below 1; short-term debt: 35% and cash: 0.7% of total assets), and 74.8% of the assets are financed with debt and provisions.
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 43, micro): better than 27% on solvency, 24% on liquidity and 34% on profitability.

The bankruptcy probability was computed on 29-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.74, cash €32,307
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €1.1m (25.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 23-12-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2023
on the day
2022
11 days early
2021
6 days early
2020
13 days early
2019
77 days early
2018
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €160 ▼99.9%
  3. Amendment of the articlesPower of attorney

Key points

  • Positive: Among the best 12% on equitysector median €252,118 · 9,851 companies €1.1m View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2025: €160, mostly one-off 6 years View

By topic

Financials

Financial year
2025
Total assets
€4.6m
Profit
€160
Solvency
25.2%
Total assets▼ 7.6%
Net result
20192025
Go to Financials

Timeline

Events
33
Since
1998
  1. 31-01-2024Annual accounts filed
  2. 30-06-2023Highest result from 2019 to 2025
  3. 30-06-2023Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
DemolitionNACE 43110
Founded
09-12-1996
Year ends
31-05
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VDV AFBRAAKWERKEN

What is the company number of VDV AFBRAAKWERKEN?
0459.396.849. In Belgium the VAT number is the company number with BE in front: BE 0459.396.849.
Where is VDV AFBRAAKWERKEN based?
The registered office is at Neringsweg 10, 9820 Merelbeke-Melle.Company details
What does VDV AFBRAAKWERKEN do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of VDV AFBRAAKWERKEN?
Private limited company (BV).
When was VDV AFBRAAKWERKEN founded?
On 09-12-1996.
Is VDV AFBRAAKWERKEN still active?
Yes, VDV AFBRAAKWERKEN is an active enterprise in the KBO register.
How many employees does VDV AFBRAAKWERKEN have?
On average 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VDV AFBRAAKWERKEN?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VDV AFBRAAKWERKEN profitable?
In financial year 2025, VDV AFBRAAKWERKEN made a profit of €160.
Where can I find the annual accounts of VDV AFBRAAKWERKEN?
VDV AFBRAAKWERKEN filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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