Turnover
≈ €84,000 estimated
The micro format states no turnover.
VESTIMO-CONSTRUCT
Lifetime
20 annual accounts with figures on one time axispeak €374,238 (2009)
€20,154▲ 55.5%
lowest -€85,344 (2007)
€11,966▲ 279%
peak €126,138 (2009)
€108,918▲ 12.3%
€27,470▼ 7.6%
Board6 names since 2022
6 directorsROVACO II and 5 others
Owners
33.33%ROVACO II
Documentsfilings and deeds
27-02-202662 days before the deadline
2025micro format
Gross margin from €12,965 to €20,154Result from €3,160 to €11,966Equity from €96,951 to €108,918Cash from €18,199 to €9,435
Key points
from the 2025 annual accountsFilings
20 annual accounts since 2006
The last five annual accounts were filed 50 to 96 days before the end of the period.
Position in the sector
79.9%
Higher solvency than 85% of companies in real estate. Sector median 28.9% · 17,185 companies.
Checked score
96
Excellent
Financially stronger than 74% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024highest value
02-2025: 0.1%▼ -0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €136,388
lowers risk
Founded in 2005
Equity €108,918 (79.9% of total assets)
Figures for financial year 2025 (filed on 27-02-2026)
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 68, micro). It does better than 91% of them on solvency, 61% on liquidity, 77% on profitability and 69% on growth.
The bankruptcy probability was computed on 08-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 31,368 companies had the same profile as VESTIMO-CONSTRUCT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VESTIMO-CONSTRUCT itself: 0.1% 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 31,368 companies, not a prediction for VESTIMO-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 of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.0 (4.21 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 6.9% of total assets. 20.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-02-2026, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
62 days early
2024
96 days early
2023
90 days early
2022
86 days early
2021
50 days early
2020
31 days early
2019
34 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 64 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 3 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0871187088
Purpose change · Amendment of the articles
“De aanleg,vorming,valoriseren,het beheer en handel,aan- en verkoop-in de ruimste zin van het woord van een…” (deed in Dutch) · Gazette deed
2 directors appointed, 5 reappointments
Reappointments: Vaeremans Jean, Van den Haezevelde Rosette, Vaeremans Philippe, Vaeremans Frédéric and Rovaco II NV · Appointments: Vaeremans Jean (managing director) and Van den Haezevelde Rosette (managing director) · General meeting of 03-01-2023 · Gazette deed
First establishment
Galglaan 7, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VESTIMO-CONSTRUCT Ghent | €136,388 | €20,154 | 79.9% | - |
| DVR estate Dendermonde | €125,004 | €26,207 | 86.5% | - |
| VS-PROJECTS Dendermonde | €121,873 | €14,598 | 91.2% | - |
| OIKO Antwerp | €147,444 | €21,761 | 91.6% | - |
| WLD-PROJECTS Beringen | €130,368 | €14,485 | 89.6% | - |
| Entre-Nous Namur | €127,018 | €22,124 | 6.3% | - |
| CHOFIMMO Merchtem | €126,648 | €13,463 | 92.6% | - |
These companies have the same main activity as VESTIMO-CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €122,000 and €147,000, founded between 2003 and 2007.
Official details
Source: KBO- Status
- Active since 13-01-2005Normal situation
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.145.355.9289000 Ghent, since 22-02-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 25-10-2025
Annual accounts to 30-09-2025
- €136,388▲ 7.7%
- Filing
- Filed on 27-02-2026, 62 days before the end of the filing period
Insights on VESTIMO-CONSTRUCT
VESTIMO-CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€41,793 in 2006 to €20,154 in 2025.
In February 2023, the Official Gazette published the appointment of Vaeremans Jean as managing director.
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 VESTIMO-CONSTRUCT
- What is the company number of VESTIMO-CONSTRUCT?
- The company number of VESTIMO-CONSTRUCT is 0871.187.088. The VAT number is the same number with BE in front: BE 0871.187.088.
- Where is VESTIMO-CONSTRUCT based?
- The registered office is at Galglaan 7, 9000 Ghent.Company details
- What does VESTIMO-CONSTRUCT do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of VESTIMO-CONSTRUCT?
- VESTIMO-CONSTRUCT is a public limited company (NV).
- When was VESTIMO-CONSTRUCT founded?
- VESTIMO-CONSTRUCT was founded on 13-01-2005.
- Is VESTIMO-CONSTRUCT still active?
- Yes, VESTIMO-CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of VESTIMO-CONSTRUCT?
- The turnover in financial year 2025 is ≈ €84,000. This figure is estimated from the gross margin of €20,154 and 48 comparable companies (NACE 68121). It probably lies between €41,000 and €260,000. It is a rough estimate.Financials
- Is VESTIMO-CONSTRUCT profitable?
- In financial year 2025, VESTIMO-CONSTRUCT made a profit of €11,966.
- Where can I find the annual accounts of VESTIMO-CONSTRUCT?
- VESTIMO-CONSTRUCT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VESTIMO-CONSTRUCT due?
- VESTIMO-CONSTRUCT must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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