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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 has been growing by about 27% per year since 2019. Its solvency ranks better than 27% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

Source: KBO
Status
Active since 09-12-1996 Normal situation
Activity
Demolition NACE 43110and 2 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 30-06-2023
Establishment unit
2.293.610.233 9820 Merelbeke-Melle, since 01-06-2019
Financial year end
31 May
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • VERDONCK StijnDirector

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts to 31-05-2025
Gross margin
€2.2m
Turnover
≈ €6.1m
estimated
Profit
€160
Equity
€1.1m
Total assets
€4.6m
Employees on 31-05-2025
4
Score breakdownraises 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 stronger than 28% of micro companies in specialised construction (NACE 43)
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 within 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% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.2% 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 11-2026: 1.0%● unchanged vs 10-2026
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.74 (0.59 in 2023), below 1. Short-term debt is 35% and cash 0.7% of total assets. 74.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 27% of them on solvency, 23% on liquidity and 34% on profitability.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is 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
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €1.1m (25.2% of total assets)
NBB · annual accounts
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

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

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 88% of companies in specialised constructionsector median €251,290 · 9,897 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

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed Purpose
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as VDV AFBRAAKWERKEN: demolition (NACE 43110). They are comparable in size and age: total assets between €2.7m and €4.4m, founded between 1995 and 2004.

CompanyTotal assetsGross margin
VDV AFBRAAKWERKEN Merelbeke-Melle€4.6m€2.2m
DESMYTER ET FILS Comines-Warneton€4.4m€2.2m
GRONDWERKEN TONY SOENENS Wielsbeke€4.2m€1.9m
VAN GHELUWE GROND- EN AFBRAAKWERKEN Deinze€3.6m€1.5m
ARGV Merelbeke-Melle€2.7m€1.3m
GUY NOOYENS Beerse€3.8m€1.4m
DEVOCRUSH Anzegem€4.4m€1.9m
Full comparison

Key facts about VDV AFBRAAKWERKEN

What is the company number of VDV AFBRAAKWERKEN?
The company number of VDV AFBRAAKWERKEN is 0459.396.849. The VAT number is the same 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?
The legal form of VDV AFBRAAKWERKEN is Private limited company (BV).
When was VDV AFBRAAKWERKEN founded?
VDV AFBRAAKWERKEN was 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?
VDV AFBRAAKWERKEN had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VDV AFBRAAKWERKEN fall under?
In its 30-06-2023 annual accounts, VDV AFBRAAKWERKEN states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of VDV AFBRAAKWERKEN?
The turnover in financial year 2025 is ≈ €6.1m. This figure is estimated from the gross margin of €2.2m and 68 comparable companies (NACE 43). It probably lies between €4.6m and €8.1m.
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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