Starting capital
€3,000 100 shares
VDW CONSTRUCT
Lifetime
1 annual account with figurespeak -€956 (2024)
-€956
lowest -€956 (2024)
-€956
peak €2,045 (2024)
€2,045
€1,134
Board2 names since 2024
2 directorsDOR Bertrand and 1 other
Documentsfilings and deeds
31-10-202592 days late
2024micro format
Loss of €956Incorporation 14-101 establishment registeredFirst year with figures
Key points
from the 2024 annual accountsPosition in the sector
€2,045
Less equity than 86% of companies in construction of buildings. Sector median €45,395 · 9,844 companies.
2024 accounts filed 92 days after the deadlineTurnover not published (micro format)
Checked score
49
Fair
Financially stronger than 55% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 1.7%
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025lowest value
02-2026: 1.8%▲ +0.1 percentage points vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.0%▲ +0.1 percentage points vs 06-2026
08-2026: 2.6%▲ +0.6 percentage points vs 07-2026
09-2026: 2.9%▲ +0.3 percentage points vs 08-2026
10-2026: 4.1%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 4.1%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 92 days late; 1 of the last 3 accounts late
Founded in 2024
Figures for financial year 2024 (filed on 31-10-2025)
Size: total assets €3,179
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 41, micro). It does better than 74% of them on solvency, 86% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as VDW CONSTRUCT has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VDW CONSTRUCT itself: 4.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,223 companies, not a prediction for VDW 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.
Credit verdict
No publishable credit limit, so credit only on tighter terms
The balance sheet total is too small for a liquidity verdict.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
raises risk
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2024 accounts 92 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Board and ownership
- DOR Bertrand 50 sharesdeed of 14-10-2024
- VAN WYMEERSCH Angélique 50 sharesdeed of 14-10-2024
Recent changes
Incorporation
Founding capital of €3,000, 100 shares · Founders: DOR Bertrand (comparant) and VAN WYMEERSCH Angélique (comparante) · Appointments: DOR Bertrand (statutory director) and VAN WYMEERSCH Angélique (statutory director) · published on 14-10-2024 · Gazette deed
First establishment
Rue des Ecoles 2A, Bernissart
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VDW CONSTRUCT Bernissart | €3,179 | -€956 | 64.3% | - |
| INNOVATIVA Forest | €3,369 | -€561 | -27.7% | - |
| OL Renovaties Oudenburg | €2,868 | -€2,860 | -7.7% | - |
| AZ SERVICES Kraainem | €3,142 | €951 | 82.7% | - |
| ARCNOVA Diest | €3,154 | -€1,176 | 25.6% | - |
| VDG & CO Melle | €2,661 | -€1,965 | -24.9% | - |
| Entreprise Générale & Rénovation Totale Sint-Genesius-Rode | €2,745 | €849 | 92.7% | - |
These companies have the same main activity as VDW CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2,660 and €3,370, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 10-10-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.368.631.1227321 Bernissart, since 10-10-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on VDW CONSTRUCT
The computed 12-month bankruptcy probability of VDW CONSTRUCT is 4.1% (elevated). The 2024 annual accounts show equity of €2,045 and a net result of -€956.
Its solvency ranks better than 73% of 9,833 sector peers (NACE 41, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VDW CONSTRUCT
- What is the company number of VDW CONSTRUCT?
- The company number of VDW CONSTRUCT is 1014.906.545. The VAT number is the same number with BE in front: BE 1014.906.545.
- Where is VDW CONSTRUCT based?
- The registered office is at Rue des Ecoles 2A, 7321 Bernissart.Company details
- What does VDW CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VDW CONSTRUCT?
- VDW CONSTRUCT is a private limited company (BV).
- When was VDW CONSTRUCT founded?
- VDW CONSTRUCT was founded on 10-10-2024.
- Is VDW CONSTRUCT still active?
- Yes, VDW CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of VDW CONSTRUCT?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is VDW CONSTRUCT profitable?
- In financial year 2024, VDW CONSTRUCT made a loss of €956.
- Where can I find the annual accounts of VDW CONSTRUCT?
- VDW CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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