Skip to content

Verschraegen Construct

Active Private limited companyfounded 2007active for 19 yearsLangelede 17, 9185 LochristiKBO/BCE: BE 0891.650.328

Lifetime

18 annual accounts with figures on one time axis
peak €123,216 (2022)
€80,007▲ 80.7%
lowest -€55,054 (2021)
€10,118▲ 11.6%
peak €59,657 (2013)
€23,032▲ 78.3%
€127,825▼ 31.5%
peak 0.6 FTE (2020)
-not published
Board2 names since 2020
- 
Documentsfilings and deeds
23-08-202623 days late
2025micro format
Gross margin from €44,268 to €80,007Equity from €12,915 to €23,032Debts from €186,590 to €127,825Cash from €6,037 to €12,221

Key points

from the 2025 annual accounts

Equity

€23,032 from €59,657 in 2013

Equity fell by 61% in 12 years.

Debts

€127,825 85% of the balance sheet
Financial debts 70%Suppliers 4%Taxes and wages 5%Other 22%

Of this, €74,413 falls due within a year.

Filings

18 annual accounts since 2008
AprilJune31 JulyOctober2010201520202025

Four of the last ten came late. The 2023 accounts came latest: 31 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,052 companies had the same profile as Verschraegen Construct has now. Each dot stands for 13 companies, two years later.

95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 5,052 companies, not a prediction for Verschraegen 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

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

Board and ownership

last known board
Director, last mentioned in 2020
Director, last mentioned in 2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0891650328
Company renamed from Algemene Elektriciteitswerken Verschraegen & Zoon to Verschraegen Construct Registered office moved from Lochristi to Wachtebeke · New registered office: Langelede 17, 9185 Wachtebeke · Previous registered office: Beukendreef 62, 9080 Lochristi · Gazette deed
Incorporation published on 04-09-2007 · Gazette deed
First establishment Langelede 17, Lochristi
All 26 events

Comparable companies

same main activity, similar in size and age
Company
Verschraegen Construct Lochristi €150,857 €80,007 15.3% -
XEL Ninove €150,800 €80,516 6.1% 1
EL TECH SH Zelzate €151,046 €93,016 64.9% -
ELECTRO JURGEN Aalst €129,133 €79,862 27.0% -
DE BACKER G. & C° Dendermonde €157,280 €63,311 78.9% -
ELECTRICITE KEMPINAIRE Hannut €143,105 €83,731 29.4% -
Ets TOLBECQ Soignies €145,262 €72,493 41.0% -

These companies have the same main activity as Verschraegen Construct: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €129,000 and €157,000, founded between 2005 and 2008.

Official details

Source: KBO
Status
Active since 27-08-2007Normal situation
Activity
General electrical installation workNACE 43211and 4 others
Establishment unit
2.165.059.1039185 Lochristi, since 27-08-2007
Financial year end
31 December
Peppol
Reachable since 17-08-2025
Company details

Annual accounts 2025

≈ €310,000estimated
€150,857▼ 24.4%
Employeeson 31-12-2025
1=
Filing
Filed on 23-08-2026
Financials

Insights on Verschraegen Construct

Verschraegen Construct files the micro format. That format states no turnover. The gross margin rose from €29,711 in 2008 to €80,007 in 2025.

The balance sheet grew most in 2020 through fixed assets.

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 Verschraegen Construct

What is the company number of Verschraegen Construct?
The company number of Verschraegen Construct is 0891.650.328. The VAT number is the same number with BE in front: BE 0891.650.328.
Where is Verschraegen Construct based?
The registered office is at Langelede 17, 9185 Lochristi.Company details
What does Verschraegen Construct do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Verschraegen Construct?
Verschraegen Construct is a private limited company (BV).
When was Verschraegen Construct founded?
Verschraegen Construct was founded on 27-08-2007.
Is Verschraegen Construct still active?
Yes, Verschraegen Construct is an active enterprise in the KBO register.
How many employees does Verschraegen Construct have?
Verschraegen Construct had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Verschraegen Construct?
The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €80,007 and 40 comparable companies (NACE 43211). It probably lies between €190,000 and €490,000.
Is Verschraegen Construct profitable?
In financial year 2025, Verschraegen Construct made a profit of €10,118.
Where can I find the annual accounts of Verschraegen Construct?
Verschraegen Construct filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Verschraegen Construct due?
Verschraegen Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.