VG-CONSTRUCT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Declared bankrupt
- 27 August 2026
- Supervising judge
- Johan De Vlieger
- Official Gazette
- 04-09-2026 (pdf) ↗search the document for 2026/136263
Deadlines
- Provisional date payments stopped
- 20 November 2025Payments and security you received since that day can in some cases be challenged by the trustee. A later judgment can change the date.art. XX.105, XX.111 and XX.112, Code of Economic Law
- Appeal or third-party opposition until
- passed on 19 September 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 26 September 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 1 October 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 27 August 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Christophe DegryseKortrijksesteenweg 361, 9000 Gentcdg@defreyne-degryse.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€11,754total assets 2024
- Equity
- -€8,814
- Loss
- -€11,814
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
Signalsraises riskOpen bankruptcyNegative equityYoung company2024 accounts filed 29 days lateShow the evidence
Signals
Four signals.
raises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2024
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 29 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- OpeningEnterprise Court of Ghent, Ghent…
- Annual accounts filedfinancial year 2024 · micro…
- Registered office · Other addressesRegistered-office move
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
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
| Line | 2024 |
|---|---|
| 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 |
| Line | 2024 | |
|---|---|---|
| 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 | |
| Line | 2024 |
|---|---|
| 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 29-08-2025 | 2025-00441475 |
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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 19,855 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,221. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2024
VANGEERSDAELE Ludovic Eddy Marc Marie-Anne
CurrentDirector · since 10-04-2024
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2024, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| VANGEERSDAELE Ludovic Eddy Marc Marie-Anne |
|
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Christophe Degryse Kortrijksesteenweg 361, 9000 Gent |
27-08-2026 → present |
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 10-04-2024 ↗
- VANGEERSDAELE Ludovic Eddy Marc Marie-Anne 100 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 10-04-2024 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
On 8 April 2024, VG-CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Gent.3 VANGEERSDAELE Ludovic Eddy Marc Marie-Anne has served as director of the company since 2024.2 The company was declared bankrupt on 27 August 2026.4
Acts, filings and financial milestones
2026
04-09
Bankruptcy
Opening
Enterprise Court of Ghent, Ghent division · judgment of 27-08-2026
2025
29-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 29 days late
18-04
Gazette deed
Registered office · Other addressesRegistered-office move2 facts ▸
Gazette deed
Registered office · Other addresses
Registered-office move2 facts ▸
- Board meeting, 15-01-2025
- Registered-office move, 9000 Gent, Wittelinkstraat 4
2024
10-04
Gazette deed
IncorporationAppointment: VANGEERSDAELE Ludovic Eddy Marc Marie-Anne (director) · Founder · Founding capital11 facts ▸
Gazette deed
Incorporation
Appointment: VANGEERSDAELE Ludovic Eddy Marc Marie-Anne (director) · Founder · Founding capital11 facts ▸
- Incorporation, “VG-CONSTRUCT” (deed in Dutch)
- Founder, VANGEERSDAELE Ludovic Eddy Marc Marie-Anne (comparant)
- Founding capital, €3,000
- Bank account, “bijzondere rekening namens vennootschap in oprichting”, 3000 (deed in Dutch)
- Other provision, “bevestiging deponering, deponering heeft plaatsgevonden overeenkomstig bepalingen Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Registered office clause, “9032 Gent (Wondelgem), Evergemsesteenweg 211” (deed in Dutch)
- Board rule, 1
- Other provision, “persoonlijk of via tussenpersoon onderneming uitbaten of functie bestuurder,commissaris of zaakvoerder uitoefenen, geen bestuursverbod” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Other provision, “neerlegging, uitgifte van oprichtingsakte” (deed in Dutch)
- Director appointment, VANGEERSDAELE Ludovic Eddy Marc Marie-Anne (director)
SignalGazette deedNBB filing
2 of 2 deeds read
Register details
Identification
Legal formPrivate limited company
Founded08-04-2024
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43331Floor and wall tiling
81300Landscape service activities
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
Ground area
199 m²
Building footprint
88 m²
Building volume
426 m³
Parcel 44810Z0573/00B002, Flanders · tallest building 9.0 m. Linked by address, not a title deed.
1 establishment unit
VG-CONSTRUCT
since 2024unit no. 2.358.003.484
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44810Z0573/00B002 | Flanders | 199 m² | 1 · 88 m² | 9.0 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Werkzaamheden in verband met zwembaden,zoals het plaatsen en bouwen van zwembaden,het verkopen van zwembaden en zwembadtoebehoren,het…” (deed in Dutch)
33 activities (deed in Dutch)
- Werkzaamheden in verband met zwembaden,zoals het plaatsen en bouwen van zwembaden,het verkopen van zwembaden en zwembadtoebehoren,het onderhouden van zwembaden
- Tuinarchitectuur,tuinaanleg en onderhoud van tuinen en parken en het groengedeelte van sportvelden
- Snoeien van bomen,heggen en wijnstronken
- Voorbereidende behandelingen van gewassen
- Handelsbemiddeling,groothandel en kleinhandel in bouwmaterialen,bloemen,planten,zaden,kunstmeststoffen,sproeistoffen,machines,meubels,decoratie,apparaten en toebehoren
- Grondverzet,graven,ophogen,egaliseren en nivelleren van bouwterreinen
- Graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Drainage van land- en bosbouwgrond
- De aanleg en verharding van opritten,tuinpaden,terrassen,keermuren
- Het leggen van kabels en nutsvoorzieningen
- Het bouwen,herstellen en onderhouden van mechanische installaties en machines
- Het uitvoeren van boringen
- Afbraakwerken
- Chapewerken
- Betonwerken
- Het plaatsen van vloeren
- Het plaatsen van gipsplaten
- Het aanbrengen van pleister- en stukadoorswerken aan de binnen- en buitenzijde van gebouwen en andere bouwwerken
- Het bouwen van funderingen(inclusief heien)
- Bouwen van individuele huizen(ruwbouw en onderdak zetten),kantoorgebouwen en residentiële gebouwen
- Uitvoeren van metselwerken
- Uitvoeren van voegwerken
- Het monteren van niet zelf vervaardigde metalen en niet metalenconstructiewerken
- Het restaureren van gebouwen en monumenten
- Projectontwikkeling voor woning- en kantoorbouw
- Algemene coördinatie van de werkzaamheden op de bouwwerf
- Schrijnwerk
- Centrale verwarming
- Elektriciteit
- Sanitair
- Dakwerken
- Opzetten van teelt,kweken van planten
- Administratie
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VG-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, 1” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, overdrachten en overgangen slechts uitwerking jegens vennootschap en derden vanaf inschrijving in register” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid indien meer kopers, elke overdracht onder levenden ten bezwarende of kosteloze…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie” (deed in Dutch)