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VENI Construct

Active Private limited company (pre-2019)founded 2015active for 11 yearsWolvertemsesteenweg 316, 1850 GrimbergenKBO/BCE: BE 0633.511.255

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €32,481 (2024)
-€17,775▼ €50,256
lowest -€21,189 (2025)
-€21,189▼ €52,665
peak €26,365 (2024)
€5,176▼ 80.4%
€7,492▲ 64.6%
Board2 names since 2022
2 directorsGEORGIEV Georgi and 1 other
Documentsfilings and deeds
19-12-202543 days before the deadline
2025micro format
Gross margin from €32,481 to -€17,775Loss of €21,189Equity from €26,365 to €5,176Debts from €4,553 to €7,492Cash from €5,952 to €1,871

Key points

from the 2025 annual accounts

Result

-€21,189 -€21,189
€31,5002024-€21,2002025

From profit to loss in 2025, after a profit of €31,476 in 2024.

Investments

€1,222 5.1 × depreciation

Green is investment, beige is depreciation.

Position in the sector

-€21,189

Lower net result than 91% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.

Turnover not published (micro format)

Checked score

54
Fair
Financially stronger than 23% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
0.7% Low
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 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.5% 01-2025: 2.7%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 0.5%▼ -2.2 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.3 percentage points vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.7%▼ -0.1 percentage points vs 10-2026

Financial strength
Weak

66-34equity 40.9% of total assets
38-33short-term debt 59.1% · cash 14.8%
0-100return on assets -167.3%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Sector: Construction of residential and non-residential buildings (NACE 41)
Loss of €21,189 (financial year 2025)
lowers risk
Size: total assets €12,668
Founded in 2015
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 49% of them on solvency, 34% on liquidity, 5% on profitability and 7% on growth.

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 30-06-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 4,805 companies had the same profile as VENI Construct has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VENI Construct itself: 0.7% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,805 companies, not a prediction for VENI 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

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is ample, with a current ratio of 1.56 (6.79 in 2024), above the usual 1.5. Short-term debt is 59.1% and cash 14.8% of total assets. However, 59.1% of the assets are financed with debt and provisions.

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.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Loss of €21,189 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €12,668
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
3 days early
2023
1 day early
2022
57 days early
2021
55 days early
2020
47 days early
2019
45 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 36 days before 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 (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 19 December (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GG
GEORGIEV Georgi
Director
GV
GEORGIEVA Veneta
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0633511255
Incorporation published on 07-07-2015 · Gazette deed
First establishment Wolvertemsesteenweg 316, Grimbergen
All 16 events

Comparable companies

same main activity, similar in size and age
Company
VENI Construct Grimbergen €12,668 -€17,775 40.9% -
LARTIM Zaventem €7,312 -€5,845 -33.8% -
Astrum Retail Genk €7,769 -€3,432 -918.7% -
Eza corp Tournai €7,910 -€6,015 -177.8% -
ECSES-ATB Schoten €17,872 -€13,194 25.4% -
T.J.M. CONSTRUCTION Courcelles €23,428 -€14,600 45.0% -
AMBRA Tielt-Winge €30,337 -€517 34.9% -

These companies have the same main activity as VENI Construct: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €7,310 and €30,300, founded between 2012 and 2017.

Official details

Source: KBO
Status
Active since 03-07-2015Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 5 others
Establishment unit
2.244.140.0351850 Grimbergen, since 03-07-2015
Financial year end
30 June
Peppol
Reachable since 07-01-2026
Company details

Annual accounts to 30-06-2025

-€17,775
€21,189
€5,176▼ 80.4%
€12,668▼ 59.0%
Filing
Filed on 19-12-2025, 43 days before the end of the filing period
Financials

Insights on VENI Construct

VENI Construct files the micro format. That format states no turnover. The gross margin fell from €3,403 in 2016 to -€17,775 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 19-12-2025, 43 days before the deadline
-€17,775
▼ €50,256
-€18,819
▼ €50,096
-€21,189
▼ €52,665
€4,195
▼ 84.1%
40.9%
▼ 44.4 percentage points
1.56
▼ 5.23

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €12,668 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

40.9%

Higher than 48% of 9,471 companies in 2025.

1.56

Higher than 46% of 9,219 companies in 2025.

-167.3%

Lower than 95% of 9,291 companies in 2025.

VENI Construct Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 12,66830,9188,02016,79951,87943,86870,06346,83130,97535,850
21/28 981-----5,41811,9504,4067,696
22/27 981-----5,41811,9504,4067,696
24 981-----5,41811,9504,4067,696
29/58 11,68730,9188,02016,79951,87943,86864,64534,88226,56928,154
3 -----1,0331,0331,3772733,527
30/36 -----1,0331,0331,3772733,527
40/41 8,40723,2667,5009,83943,24631,35460,89430,6069,29418,473
40 6,27221,1725,0396,94439,22424,08155,35821,6717475,318
41 2,1352,0942,4612,8954,0227,2735,5368,9358,54713,155
54/58 1,8715,952-6,0337,65510,4121,6622,27314,5133,981
490/1 1,4091,7005209279791,0691,0566252,4892,172
Balance sheet: equity and liabilities
10/49 12,66830,9188,02016,79951,87943,86870,06346,83130,97535,850
10/15 5,17626,365-5,1117,72813,64820,60722,49517,3717,3546,394
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
10 ---6,200------
100 ---18,60018,60018,60018,60018,60018,60018,600
101 ---12,40012,40012,40012,40012,40012,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,8601,154194
130/1 1,8601,8601,8601,8601,860-----
130 ---1,8601,8601,8601,8601,8601,154194
1311 1,8601,8601,860-------
14 -2,88418,305-13,171-3325,58812,54714,4359,311--
17/49 7,4924,55313,1319,07138,23123,26147,56829,46023,62129,456
17 -----3,5307,44411,358-1,343
170/4 -----3,5307,44411,358-1,343
42/48 7,4924,55313,1319,07138,14019,73140,12418,10223,62128,114
42 ----3,5303,9143,9143,9141,3432,685
44 2,4271,9304,02077034,61015,81729,18313,02520,65922,275
440/4 2,427-2,98877034,61015,81729,18313,02520,65922,275
441 -1,9301,032-------
45 -------5001,620792
450/3 -------5001,620792
47/48 5,0652,6239,1118,301--7,027664-2,362
492/3 ----91-----
Income statement
76A ---359------
9900 -17,77532,481-10,764-5,262-3,43312,22814,27522,7125,1743,403
630 241----5,4185,4168,7063,2902,176
640/8 8031,2046367975154191,024651453860
9901 -18,81931,277-11,400-6,058-3,9476,3927,83513,3551,431367
75/76B -1,892-1364282513108
75 ---1364282513108
76B -1,892--------
65/66B 9181,6931,4401,1241,851856706807374282
65 6381,4131,2561,1241,851856706807374282
66B 280280184-------
9903 -19,73731,476-12,840-7,170-5,7935,5407,15812,7991,060194
67/77 1,452---1,2501,1661,5452,0342,781100-
9904 -21,18931,476-12,840-5,920-6,9593,9955,12310,018960194
9905 -21,18931,476-12,840-5,920-6,9593,9955,12310,018960194
Appropriation of the result
9906 -2,88418,305-13,171-3325,58818,42914,43510,018960194
14P 18,305-13,171-3315,588------
691/2 -------706960194
6920 -------706960194
694/7 -----5,882----
694 -----5,882----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 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 19-12-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 19-12-2025 2025-00589065 PDF
30-06-2024 micro format 28-01-2025 2025-00021995 PDF
30-06-2023 micro format 30-01-2024 2024-00018777 PDF
30-06-2022 micro format 05-12-2022 2022-20535076 PDF
30-06-2021 micro format 07-12-2021 2021-79600268 PDF
30-06-2020 micro format 15-12-2020 2020-76200073 PDF
30-06-2019 micro format 17-12-2019 2019-76500518 PDF
30-06-2018 micro format 18-12-2018 2018-74800223 PDF
30-06-2017 micro format 27-12-2017 2017-73100336 PDF
30-06-2016 abbreviated format 31-12-2016 2016-72300119 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
-18,578----11,81013,25122,0614,7222,543
-20,948----9,41210,54018,7244,2502,369
1,222----0-1,11616,25009,872
-4,081---1,622-2,7578,750-611-12,24010,532-
4,19526,365-5,1117,72813,73924,13724,52116,7792,94840
40.9%85.3%-63.7%46.0%26.3%47.0%32.1%37.1%23.7%17.8%
1.566.790.611.851.362.221.611.931.121.00
1.566.790.611.851.362.171.591.851.110.88
1.450.17-1.172.801.132.111.703.214.61
-409.4%119.4%--76.6%-51.0%19.4%22.8%57.7%13.1%3.0%
-167.3%101.8%-160.1%-35.2%-13.4%9.1%7.3%21.4%3.1%0.5%
-29.12---------

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
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€1,222---
€241---

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VENI Construct

The operating result for 2025 is a loss of €18,819, after a profit of €31,277 in 2024. It is the lowest result since 2016.

Debt's share of the balance-sheet total rises from 14.7% to 59.1%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors
GEORGIEV Georgi
Director
listed in the 2025 annual accounts, filed on 19-12-2025
GEORGIEVA Veneta
Director
listed in the 2025 annual accounts, filed on 19-12-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
GEORGIEV Georgi
Director
GEORGIEVA Veneta
Director
Boardmandate already running before its first mention
Mandates as a list
  • GEORGIEV Georgi
    • Director, since before 30-06-2022
  • GEORGIEVA Veneta
    • Director, since before 30-06-2022

See the board, name and registered office on a given date →

Control

Capital

Contribution
€6,200
Source
2025 annual accounts

Network & group

No group

VENI Construct has no parent and no holdings in its annual accounts. VENI Construct shares no director with another company.

Timeline

Timeline

16 events since 2015

Deadline for the 2026 accounts: 31-01-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0633511255
2025
Annual accounts 2025 filed PDFmicro format · 43 days before the deadline
Weakest financial year net -€21,189 The net result drops to -€21,189, the lowest from 2016 to 2025.
Annual accounts 2024 filed PDFmicro format · 3 days before the deadline
2024
Back to profit net €31,476 The net result is €31,476, after 3 loss-making years.
Liquidity more than 11 times current ratio 6.79 The current ratio rises from 0.61 to 6.79. Short-term debt falls from €13,131 to €4,553.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2022
Annual accounts 2022 filed PDFmicro format · 57 days before the deadline
2021
Annual accounts 2021 filed PDFmicro format · 55 days before the deadline
2020
Annual accounts 2020 filed PDFmicro format · 47 days before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 45 days before the deadline
2018
Annual accounts 2018 filed PDFmicro format · 44 days before the deadline
2017
Annual accounts 2017 filed PDFmicro format · 35 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 31 days before the deadline
2015
Incorporation PDFpublished on 07-07-2015
First establishment Wolvertemsesteenweg 316, Grimbergen

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

VENI Construct was incorporated on 3 July 2015.1 Total assets fell from €70,063 in 2019 to €12,668 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0633.511.255
VAT number
BE 0633.511.255
Peppol ID
0208:0633511255
Other Peppol ID
9925:BE0633511255
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
03-07-2015
Financial year
ends on 30 June
Peppol
Reachable since 07-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VENI Construct in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41203 Construction of residential and non-residential buildings main activity
16100 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
43320 Joinery installation
43331 Floor and wall tiling
43332 Laying of wooden floor and wall coverings
43333 Wallpapering and laying of floor and wall coverings in other materials

Registered office and establishments

1 establishment
Establishment Since Unit number
Wolvertemsesteenweg 316 registered office 1850 Grimbergen 03-07-2015 2.244.140.035

Buildings and parcels at the address

Ground area
136 m²
Buildings
70 m²
Volume, LiDAR
400 m³
Tallest building
10.3 m
Buildings to scale, each on its own parcel
70 m², 10.3 m 70 m², 10.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23403F0120/00P000136 m² 1 · 70 m² 10.3 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 0633.511.255