VE CONSTRUCT
Annual accounts 2025
micro format, filed on 22-09-2026, 53 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €60,000 and €250,000.
Balance sheet
balance sheet total €3,012 on 31-12-2025in euro
Position in the sector
-
Lower than 95% of 35,955 companies in 2024.
-
Lower than 95% of 35,353 companies in 2024.
-
Higher than 44% of 35,537 companies in 2024.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
3,012 | 5,090 | 7,162 | 18,806 | |
21/28 |
3,000 | 4,500 | 6,000 | 7,500 | |
22/27 |
3,000 | 4,500 | 6,000 | 7,500 | |
24 |
3,000 | 4,500 | 6,000 | 7,500 | |
29/58 |
12 | 590 | 1,162 | 11,306 | |
40/41 |
3 | 590 | 807 | 2,075 | |
40 |
- | - | - | 1,020 | |
41 |
3 | 590 | 807 | 1,055 | |
54/58 |
9 | - | 356 | 9,231 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
3,012 | 5,090 | 7,162 | 18,806 | |
10/15 |
-852 | -9,564 | -9,803 | -517 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
-3,852 | -12,564 | -12,803 | -3,517 | |
17/49 |
3,864 | 14,654 | 16,965 | 19,323 | |
42/48 |
3,864 | 14,654 | 16,965 | 19,323 | |
43 |
- | 25 | - | - | |
430/8 |
- | 25 | - | - | |
44 |
2,823 | 2,595 | 1,699 | - | |
440/4 |
2,823 | 2,595 | 1,699 | - | |
45 |
260 | 35 | 35 | - | |
450/3 |
260 | 35 | 35 | - | |
47/48 |
781 | 11,999 | 15,230 | 19,323 | |
| Income statement | |||||
9900 |
10,427 | 1,891 | -8,149 | -3,507 | |
630 |
1,500 | 1,500 | 1,500 | - | |
9901 |
8,927 | 391 | -9,649 | -3,507 | |
75/76B |
- | 1 | 413 | - | |
75 |
- | 1 | 413 | - | |
65/66B |
214 | 154 | 50 | 10 | |
65 |
214 | 154 | 50 | 10 | |
9903 |
8,712 | 238 | -9,286 | -3,517 | |
9904 |
8,712 | 238 | -9,286 | -3,517 | |
9905 |
8,712 | 238 | -9,286 | -3,517 | |
| Appropriation of the result | |||||
9906 |
-3,852 | -12,564 | -12,803 | -3,517 | |
14P |
-12,564 | -12,803 | -3,517 | - | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 53 days after the deadline. Filed on 22 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00525988.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 10,427 | 1,891 | -8,149 | - | ||
| 10,212 | 1,738 | -7,786 | - | ||
| 0 | 0 | 0 | 7,500 | ||
| - | - | -8,876 | - | ||
| -3,852 | -14,064 | -15,803 | -8,017 | ||
| - | -187.9% | -136.9% | -2.7% | ||
| - | 0.04 | 0.07 | 0.59 | ||
| - | 4.7% | -129.6% | -18.7% | ||
| 48.62 | 12.29 | -162.75 | - |
The ratios are withheld because a balance sheet total of €3,012 is too small for a meaningful ratio.
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 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €7,500 |
| €1,500 | €1,500 | €1,500 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on VE CONSTRUCT
The operating result for 2025 is nearly 23 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Equity is negative. Debt (€3,864) exceeds the balance-sheet total (€3,012).