VGS Bouw

Active

Private limited companyfounded 2021active for 5 yearsHelakkerstraat 7, 8750 Wingene, BelgiumKBO/BCE: BE 0766.634.352

Summary

The computed 12-month bankruptcy probability of VGS Bouw is 7.8% (elevated). The 2024 annual accounts show equity of €207,473 and a net result of €30,912. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 87% of 19,157 sector peers (NACE 68, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Risk analysisFollow Report Compare

VGS BouwActiveChecked score 37/100

Risk analysis Report Compare

Activity

Development of residential building projects

NACE 68121

1 site

Size

≈ €100,000turnover 2024, estimated

Equity: €207,473
Profit: €30,912

Turnover estimated from the gross margin

Financial health

37 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 7.8%

Structure

2025 accounts not filed, 92 days past the deadline1 of 2 deeds summarised

Why 37raises riskFigures for financial year 2024 (filed 02-09-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024

37 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 65% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 100=

equity 83.9% of total assets

Liquidity 47-14

short-term debt 16.0% · cash 0.4%

Profitability 69-17

return on assets 12.5%

Bankruptcy probability, 12 months

7.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,627 companies, NACE 68, micro)

Last 24 months 11-2024: 4.1% 12-2024: 4.1%● unchanged vs 11-2024 01-2025: 5.7%▲ +1.6 percentage points vs 12-2024 02-2025: 5.7%● unchanged vs 01-2025 03-2025: 10.5%▲ +4.8 percentage points vs 02-2025highest value 04-2025: 9.6%▼ -0.9 percentage points vs 03-2025 05-2025: 9.6%● unchanged vs 04-2025 06-2025: 4.0%▼ -5.6 percentage points vs 05-2025 07-2025: 6.0%▲ +2.0 percentage points vs 06-2025 08-2025: 7.3%▲ +1.3 percentage points vs 07-2025 09-2025: 8.7%▲ +1.4 percentage points vs 08-2025 10-2025: 2.4%▼ -6.3 percentage points vs 09-2025 11-2025: 2.4%● unchanged vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026lowest value 04-2026: 2.5%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%▲ +0.2 percentage points vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.7%▲ +0.9 percentage points vs 07-2026 09-2026: 4.7%▲ +1.0 percentage point vs 08-2026 10-2026: 7.8%▲ +3.1 percentage points vs 09-2026

Credit of up to €7,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 6.23, compared with 10.35 in 2023, above the usual 1.5; short-term debt: 16% and cash: 0.4% of total assets), and 16.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 91% on solvency, 42% on liquidity, 56% on profitability and 73% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2024 (filed 02-09-2025)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Sector: Real estate activities (NACE 68)

KBO

1 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 2 of the last 3 late

NBB · filings

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 92 days later.

NBB · 4 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline31-10-2026 today

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 · 4 filings

Deviation from the deadline

2025

not filed

2024

29 days late

2023

301 days late

2022

134 days late

2021

276 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 185 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

29-08-2025 Annual accounts filedfinancial year 2024 · micro…
23-06-2025 Registered officeRegistered-office move
28-05-2025 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: 2025 accounts not fileddeadline was 31-07-2026 92 days past the deadline View
Positive: Among the best 13% on solvencysector median 31.1% · 19,157 companies 83.9% View
Total assets 20244 financial years filed €247,348 View

By topic

Financials

Financial year: 2024
Total assets: €247,348
Profit: €30,912
Solvency: 83.9%

Total assets▲ 26.6%

Net result

20212024

Go to Financials

Timeline

Events: 9
Since: 2023

28-02-2025Address struck
31-12-2024Equity above €200,000
31-12-2023Liquidity more than triples

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Development of residential building projectsNACE 68121
Founded: 12-04-2021
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about VGS Bouw

What is the company number of VGS Bouw?: 0766.634.352. In Belgium the VAT number is the company number with BE in front: BE 0766.634.352.
Where is VGS Bouw based?: The registered office is at Helakkerstraat 7, 8750 Wingene.Company details
What does VGS Bouw do?: According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VGS Bouw?: Private limited company (BV).
When was VGS Bouw founded?: On 12-04-2021.
Is VGS Bouw still active?: Yes, VGS Bouw is an active enterprise in the KBO register.
What is the turnover of VGS Bouw?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VGS Bouw profitable?: In financial year 2024, VGS Bouw made a profit of €30,912.
Where can I find the annual accounts of VGS Bouw?: VGS Bouw filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.