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vh construct

Active Private limited companyfounded 2010active for 16 yearsSalielaan 1, 2520 RanstKBO/BCE: BE 0823.256.519

Lifetime

16 annual accounts with figures on one time axis
peak €161,917 (2021)
€131,888▼ 1.5%
lowest -€38,638 (2015)
-€16,742▼ €858
peak €70,004 (2022)
€41,779▼ 28.6%
€59,652▼ 26.7%
peak 2.1 FTE (2019)
-not published
Board2 names since 2010
1 director
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Loss of €16,742Equity from €58,520 to €41,779Debts from €81,378 to €59,652Cash from €43,802 to €25,479

Key points

from the 2025 annual accounts

Equity

€41,779 from €70,004 in 2022

Equity fell by 40% in 3 years.

Losses

-€33,025 in three years
-3992023-15,8842024-16,7422025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Turnover

≈ €430,000 estimated

The micro format states no turnover.

Staff

2 employees on 31-12-2025
112021112022112023112025

In 2025, 1 person joined and 1 left.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 35 to 87 days before the end of the period.

Position in the sector

-€16,742

Lower net result than 90% of companies in construction of buildings. Sector median €8,508 · 10,163 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,820 companies had the same profile as vh construct has now. Each dot stands for 13 companies, two years later.

87.9%
were still trading
10.0%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the 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 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 4,820 companies, not a prediction for vh construct. 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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Signals

Board and ownership

Director, since 17-02-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0823256519
Resignation: (director) General meeting of 18-11-2021 · Gazette deed
Registered office moved from Wommelgem to Ranst New registered office: Salielaan 1, 2520 Ranst · Previous registered office: Oelegemsteenweg 134 te 2160 Wommelgem · Changes of role: (director) and (director) · Gazette deed
Appointment: (manager) “Algemene bouwwerken voor private personen, handelsondernemingen of openbare instellingen; Verbouwingswerken en…” (deed in Dutch) · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
vh construct Ranst €101,430 €131,888 41.2% -
JORES Mol €97,274 €114,787 35.2% -
Ossa Bois Anhée €107,023 €142,227 24.7% -
BATITIME Charleroi €108,748 €121,350 51.6% -
Van den Bremt Roosdaal €105,633 €133,250 9.7% -
ENTREPRISE ROUET MICHAEL Grez-Doiceau €94,393 €155,246 62.6% -
EF BATI Herstal €115,889 €135,788 82.2% -

These companies have the same main activity as vh construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €94,400 and €116,000, founded between 2008 and 2011.

Official details

Source: KBO
Status
Active since 17-02-2010Normal situation
Activity
General construction of residential buildingsNACE 41001
Joint committee
124Construction · annual accounts 2022
Establishment unit
2.186.063.7592520 Ranst, since 01-04-2010
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€101,430▼ 27.5%
Employeeson 31-12-2025
2=
Filing
Filed on 18-06-2026, 43 days before the end of the filing period
Financials

Insights on vh construct

vh construct files the micro format. That format states no turnover. The gross margin rose from €13,691 in 2010 to €131,888 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 vh construct

What is the company number of vh construct?
The company number of vh construct is 0823.256.519. The VAT number is the same number with BE in front: BE 0823.256.519.
Where is vh construct based?
The registered office is at Salielaan 1, 2520 Ranst.Company details
What does vh construct do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of vh construct?
vh construct is a private limited company (BV).
When was vh construct founded?
vh construct was founded on 17-02-2010.
Is vh construct still active?
Yes, vh construct is an active enterprise in the KBO register.
How many employees does vh construct have?
vh construct had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does vh construct fall under?
In its 2022 annual accounts, vh construct states joint committee 124 (Construction).
What is the turnover of vh construct?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €131,888 and 101 comparable companies (NACE 41001). It probably lies between €300,000 and €650,000.
Is vh construct profitable?
In financial year 2025, vh construct made a loss of €16,742.
Where can I find the annual accounts of vh construct?
vh construct filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of vh construct due?
vh construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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