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VEZETEU CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsItterbeekse Laan 485, 1070 Anderlecht, BelgiumKBO/BCE: BE 1005.799.532
Summary

The computed 12-month bankruptcy probability of VEZETEU CONSTRUCT is 7.5% (elevated). The 2024 annual accounts show equity of €39,302 and a net result of €37,302. Its solvency ranks better than 27% of 5,847 sector peers (NACE 81, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (53 days) Filed on 22 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00499573.

Turnover
€636,672
EBIT margin
9.2%
Net result
€37,302
Working capital
€31,315
Balance-sheet composition
Assets €192,431
Fixed assets €7,986
Current assets €184,445
Equity and liabilities €192,431
Equity €39,302
Debt €153,129
Debt finances 79.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€62,265
Cash flow
€40,815
Current ratio
1.20
Debt to equity
3.90
ROE
94.9%
ROA
19.4%
Interest coverage
6.60
Debt ≤ 1 year
€153,129
Income taxes
€12,021
Staff costs
€8,809

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€192,431
Fixed assets21/28€7,986
Tangible fixed assets22/27€7,986
Furniture and vehicles24€7,986
Current assets29/58€184,445
Amounts receivable within one year40/41€176,571
Trade receivables40€175,890
Other amounts receivable41€681
Cash at bank and in hand54/58€7,874
Equity and liabilities
Total equity and liabilities10/49€192,431
Equity10/15€39,302
Contributions10/11€2,000
Profit (loss) carried forward14€37,302
Amounts payable17/49€153,129
Amounts payable within one year42/48€153,129
Trade debts44€122,345
Suppliers440/4€11,500
Bills of exchange payable441€110,845
Taxes, remuneration and social security45€27,612
Taxes450/3€12,021
Remuneration and social security454/9€15,591
Other amounts payable47/48€3,172
Income statement Code2024
Turnover70€636,672
Goods, raw materials, services and sundry goods60/61€564,570
Remuneration, social security and pensions62€8,809
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,514
Other operating charges640/8€1,027
Gross operating margin9900€72,102
Operating profit (loss)9901€58,752
Financial charges65/66B€9,429
Recurring financial charges65€9,429
Profit (loss) for the period before taxes9903€49,323
Income taxes67/77€12,021
Profit (loss) for the period9904€37,302
Profit (loss) for the period to be appropriated9905€37,302
Appropriation of the result
Profit (loss) to be appropriated9906€37,302

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€636,672
Goods, raw materials, services and sundry goods60/61€564,570
Remuneration, social security and pensions62€8,809
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,514
Other operating charges640/8€1,027
Gross operating margin9900€72,102
Operating profit (loss)9901€58,752
Financial charges65/66B€9,429
Recurring financial charges65€9,429
Profit (loss) for the period before taxes9903€49,323
Income taxes67/77€12,021
Profit (loss) for the period9904€37,302
Profit (loss) for the period to be appropriated9905€37,302
Line2024
Assets
Total assets20/58€192,431
Fixed assets21/28€7,986
Tangible fixed assets22/27€7,986
Furniture and vehicles24€7,986
Current assets29/58€184,445
Amounts receivable within one year40/41€176,571
Trade receivables40€175,890
Other amounts receivable41€681
Cash at bank and in hand54/58€7,874
Equity and liabilities
Total equity and liabilities10/49€192,431
Equity10/15€39,302
Contributions10/11€2,000
Profit (loss) carried forward14€37,302
Amounts payable17/49€153,129
Amounts payable within one year42/48€153,129
Trade debts44€122,345
Suppliers440/4€11,500
Bills of exchange payable441€110,845
Taxes, remuneration and social security45€27,612
Taxes450/3€12,021
Remuneration and social security454/9€15,591
Other amounts payable47/48€3,172
Line2024
Profit (loss) for the period9904€37,302
+ Depreciation and write-downs630€3,514
Operating cash flow (approximation)€40,815

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 22-09-2025 2025-00499573

Similar companies · same sector, comparable size

Of the 1,260 active companies whose main activity is combined facilities support activities (NACE 81100), figures are known for 688. 356 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.