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VG-CONSTRUCT

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Private limited companyfounded 2024Wittelinkstraat 4, 9000 Gent, BelgiumKBO/BCE: BE 1008.148.417

A bankruptcy procedure is open for VG-CONSTRUCT according to publications in the Belgian Official Gazette; trustee: Christophe Degryse.

Summary

The 2024 annual accounts show negative equity (-€8,814) and a net result of -€11,814.

VG-CONSTRUCTOpen bankruptcy

Financials · financial year 2024, micro format

2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00441475.

Equity
-€8,814
Total assets
€11,754
Net result
-€11,814
Working capital
-€8,814

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2024 value
Solvency
-75.0%
Current ratio
0.57
ROA
-100.5%
Debt
€20,568
Debt ≤ 1 year
€20,568
Income taxes
€160
Staff costs
€519
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€11,754
Current assets29/58€11,754
Amounts receivable within one year40/41€10,204
Trade receivables40€5,900
Other amounts receivable41€4,304
Cash at bank and in hand54/58€44
Deferred charges and accrued income490/1€1,506
Equity and liabilities
Total equity and liabilities10/49€11,754
Equity10/15-€8,814
Contributions10/11€3,000
Profit (loss) carried forward14-€11,814
Amounts payable17/49€20,568
Amounts payable within one year42/48€20,568
Trade debts44€10,807
Suppliers440/4€10,807
Taxes, remuneration and social security45€9,761
Taxes450/3€2,711
Remuneration and social security454/9€7,050
Income statement Code2024
Remuneration, social security and pensions62€519
Other operating charges640/8€226
Gross operating margin9900-€10,999
Operating profit (loss)9901-€11,744
Financial income75/76B€93
Recurring financial income75€93
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903-€11,654
Income taxes67/77€160
Profit (loss) for the period9904-€11,814
Profit (loss) for the period to be appropriated9905-€11,814
Appropriation of the result
Profit (loss) to be appropriated9906-€11,814

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€519
Other operating charges640/8€226
Gross operating margin9900-€10,999
Operating profit (loss)9901-€11,744
Financial income75/76B€93
Recurring financial income75€93
Financial charges65/66B€3
Recurring financial charges65€3
Profit (loss) for the period before taxes9903-€11,654
Income taxes67/77€160
Profit (loss) for the period9904-€11,814
Profit (loss) for the period to be appropriated9905-€11,814
Line2024
Assets
Total assets20/58€11,754
Current assets29/58€11,754
Amounts receivable within one year40/41€10,204
Trade receivables40€5,900
Other amounts receivable41€4,304
Cash at bank and in hand54/58€44
Deferred charges and accrued income490/1€1,506
Equity and liabilities
Total equity and liabilities10/49€11,754
Equity10/15-€8,814
Contributions10/11€3,000
Profit (loss) carried forward14-€11,814
Amounts payable17/49€20,568
Amounts payable within one year42/48€20,568
Trade debts44€10,807
Suppliers440/4€10,807
Taxes, remuneration and social security45€9,761
Taxes450/3€2,711
Remuneration and social security454/9€7,050
Line2024
Profit (loss) for the period9904-€11,814
Operating cash flow (approximation)-€11,814

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 29-08-2025 2025-00441475

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 19,858 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,205. See the whole sector

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