Equity
€38,177 from €82,243 in 2023
Equity fell by 54% in 2 years.
VGRL
Lifetime
10 annual accounts with figures on one time axispeak €144,711 (2023)
€38,282▲ €112,175
lowest -€78,187 (2024)
€34,121▲ €112,308
peak €82,243 (2023)
€38,177▲ 841%
€59,411▼ 17.0%
Board1 name since 2023
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from -€73,893 to €38,282Back to profit: €34,121Equity from €4,056 to €38,177Debts from €71,581 to €59,411
Key points
from the 2025 annual accountsResult
€34,121 €34,121
Back in profit in 2025, after a loss of €78,187 in 2024.
Turnover
≈ €270,000 estimated
The micro format states no turnover.
Liquidity
1.58 was 0.97 in 2024
Short-term debts fell from €71,581 to €59,411.
Filings
10 annual accounts 9 late
The 2021 accounts came latest: 513 days after the end of the period.
Position in the sector
€34,121
Higher net result than 80% of companies in construction of buildings. Sector median €8,508 · 10,137 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as VGRL has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
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.
| 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 34,721 companies, not a prediction for VGRL. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0568980818
Registered office moved from Ternat to Jette
New registered office: Léon Theodorstraat 196, 1090 Jette · Previous registered office: Assesteenweg 200, 1740 Ternat · General meeting of 05-11-2024 · Gazette deed
Amendment of the articles
General meeting of 13-04-2023 · Gazette deed
Registered office moved from Saint-Gilles to Ternat
New registered office: Assesteenweg 200 à 1740 Ternat · Previous registered office: Avenue du Parc 42, 1060 Saint-Gilles · Change of role: , from manager to director · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VGRL Jette | €97,588 | €38,282 | 39.1% | - |
| POPIC RENOV Uccle | €99,745 | €36,543 | 61.7% | - |
| CONSTRUFORT Uccle | €85,767 | €36,878 | 22.9% | - |
| TripBel Zoersel | €98,847 | €36,587 | 66.0% | - |
| MASSBOUW Wommelgem | €101,303 | €36,866 | 52.0% | - |
| TNP CONCEPT Charleroi | €98,658 | €35,508 | 25.7% | - |
| SAN GLOBAL Tielt-Winge | €94,275 | €43,524 | 43.9% | - |
These companies have the same main activity as VGRL: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €85,800 and €101,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 22-01-2015Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 07-06-2026
Annual accounts 2025
- €97,588▲ 29.0%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on VGRL
VGRL files the micro format. That format states no turnover. The gross margin rose from -€853 in 2016 to €38,282 in 2025.
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 VGRL
- What is the company number of VGRL?
- The company number of VGRL is 0568.980.818. The VAT number is the same number with BE in front: BE 0568.980.818.
- Where is VGRL based?
- The registered office is at Léon Theodorstraat 196, 1090 Jette.Company details
- What does VGRL do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of VGRL?
- VGRL is a private limited company (BV).
- When was VGRL founded?
- VGRL was founded on 22-01-2015.
- Is VGRL still active?
- Yes, VGRL is an active enterprise in the KBO register.
- What is the turnover of VGRL?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €38,282 and 164 comparable companies (NACE 41001). It probably lies between €150,000 and €480,000.Financials
- Is VGRL profitable?
- In financial year 2025, VGRL made a profit of €34,121.
- Where can I find the annual accounts of VGRL?
- VGRL filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VGRL due?
- VGRL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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