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vh construct

Active Private limited companyfounded 2010active for 16 yearsSalielaan 1, 2520 RanstKBO/BCE: BE 0823.256.519
vh construct
Financial year 2025
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Annual accounts 2025

micro format, filed on 18-06-2026, 43 days before the deadline
€131,888
▼ 1.5%
-€14,496
▲ €1,269
-€16,742
▼ €858
€30,460
▼ 28.3%
41.2%
▼ 0.6 percentage points
1.95
▼ 0.02

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €430,000. Estimated: probably between €300,000 and €650,000.

Balance sheet

balance sheet total €101,430 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

41.2%

Higher than 48% of 10,178 companies in 2025.

1.95

Higher than 57% of 9,888 companies in 2025.

-16.5%

Higher than 10% of 9,976 companies in 2025.

vh construct Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€64,143

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 101,430139,899111,03192,135135,61084,56877,24660,82082,90096,26680,970110,71398,49943,81856,15232,202
21/28 38,77653,41514,95217,34728,33435,85226,81533,20034,87643,23951,57658,52263,0062,0172,2471,382
22/27 38,77653,41514,95217,34728,33435,85226,81533,20034,87643,23951,57658,52263,0062,0172,2471,382
23 35,68846,4111,0494,03714,16422,43024,37529,17933,50040,62548,41156,45563,0062,0172,2471,382
24 2,4611,8554,2323,4573,0851,1062,4404,0211,3762,6143,1652,067----
26 6285,1499,6719,85211,08412,316----------
29/58 62,65486,48396,07874,788107,27648,71750,43127,62048,02453,02829,39452,19135,49341,80153,90530,819
3 26,55112,9604,82422,79220,1951,2166965,7155351,704-----4,304
30/36 -----1,216696815--------
37 26,55112,9604,82422,79220,195--4,9005351,704-----4,304
40/41 2,26719,4582,03222,03045,49015,31235,64511,91216,53137,79124,24421,66814,42620,7304,1737,826
40 1,84319,44415117,63042,63612,25735,6457,80316,53137,79115,70821,663-19,3744,1734,880
41 424141,8814,4002,8533,055-4,110--8,537514,4261,356-2,946
54/58 25,47943,80278,20720,97331,97927,8027,9116,57030,95812,4373,40129,06420,15720,16248,88218,345
490/1 8,35610,26311,0168,9939,6134,3876,1783,423-1,0961,7491,459910909850344
Balance sheet: equity and liabilities
10/49 101,430139,899111,03192,135135,61084,56877,24660,82082,90096,26680,970110,71398,49943,81856,15232,202
10/15 41,77958,52069,60470,00463,04037,50635,00236,62630,5473,117-1,11137,52628,91432,03333,94523,530
10/11 18,60018,60013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,80013,800
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------4,8004,8004,8004,8004,8004,8004,8004,8004,8004,800
13 23,17939,92055,80456,20449,24023,70621,20222,82623,72623,72623,72623,72615,11418,23320,1459,730
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
133 23,17939,92055,80456,20449,24023,70619,34220,96621,86621,86621,86621,86613,25416,37318,2857,870
14 ---------6,979-34,409-38,638-----
17/49 59,65281,37841,42622,13172,56947,06242,24524,19452,35393,14982,08273,18769,58511,78522,2078,671
17 27,45837,372--3,2796,5139,70212,84715,94932,17649,08940,48653,452---
170/4 27,45837,372--3,2796,5139,70212,84715,94932,17649,08940,48653,452---
42/48 32,19444,00641,42622,13169,29040,54932,54211,29236,40460,97332,99331,34115,13310,19321,2077,671
42 9,9149,355-3,2793,2343,1893,1453,10216,22716,81816,39812,96612,524---
44 10,96524,08829,9429,81543,1498,72621,7435,72514,13542,46913,8185,3661,3709,43310,8213,046
440/4 10,96524,08829,9429,81543,1498,72621,7435,72514,13542,46913,8185,3661,3709,43310,8213,046
45 6,1787,97010,9042,22012,65115,2347,6542,4656,0431,6862,77713,0091,23876110,3863,118
450/3 1,2504,2757,751-9,86815,2345,1012,4655,2105935610,247--10,2963,118
454/9 4,9283,6953,1522,2202,784-2,552-8331,0932,7222,7621,23876190-
47/48 5,1362,5945816,81710,25613,399---------1,508
492/3 -------55---1,3601,0001,5911,0001,000
Income statement
76A 6,077-50,00015,976-8,875289--415------
9900 131,888133,947137,103148,676161,917109,208105,90673,81788,85965,80413,51870,62736,96732,83938,61613,691
62 128,287130,841129,034129,207113,42495,31894,74354,24053,05950,59740,68247,51531,03433,13722,934-
630 16,98713,9976,88212,55715,28110,05110,4189,0737,29710,05710,1439,5688,1351,7011,211691
631/4 -----------600----
640/8 1,1101,3632,0291,0492,1182,0501,0661,4481,0749991,0751,349756458403149
66A -3,511--132---239-------
9901 -14,496-15,765-8415,86430,9621,790-3209,05527,1904,150-38,38211,595-2,958-2,45714,06812,851
75/76B 1,5683,0483,1613,7752,9672,3161,3291,4392,4442,3902,2212,0458271,182639771
75 1,5683,0483,1613,7752,9672,3161,3291,4392,4442,3902,2212,0458271,182639771
65/66B 3,6833,0241,6001,3401,0701,3012,2671,9502,0372,2542,4532,862988618817773
65 3,6833,0241,6001,3401,0701,3012,2671,9502,0372,2542,4532,862988618817773
9903 -16,611-15,7407208,29932,8602,805-1,2588,54427,5984,286-38,61310,778-3,119-1,89313,88912,849
67/77 1301441,1191,3367,3263013662,46516857242,166-193,4743,119
9904 -16,742-15,884-3996,96325,5342,504-1,6246,07927,4304,229-38,6388,612-3,119-1,91210,4159,730
9905 -16,742-15,884-3996,96325,5342,504-1,6246,07927,4304,229-38,6388,612-3,119-1,91210,4159,730
Appropriation of the result
9906 -16,742-15,884-3996,96325,5342,504-1,624-900-6,979-34,409-38,6388,612-3,119-1,91210,4159,730
791/2 16,74215,884399---1,624900----3,1191,912--
691/2 ---6,96325,5342,504-----8,612--10,4159,730
6920 ---------------1,860
6921 ---6,96325,5342,504-----8,612--10,4157,870
Social balance sheet
9087 2222222.11.111110.810.7-
Hours worked1013 2,9462,5842,6923,0082,6802,2242,3391,3981,5021,4781,2001,4248641,328936-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 18-06-2026 2026-00185474 PDF
31-12-2024 micro format 26-06-2025 2025-00189946 PDF
31-12-2023 micro format 20-06-2024 2024-00146447 PDF
31-12-2022 micro format 01-06-2023 2023-00104657 PDF
31-12-2021 micro format 05-05-2022 2022-20020436 PDF
31-12-2020 micro format 01-06-2021 2021-17100380 PDF
31-12-2019 micro format 12-03-2020 2020-06500256 PDF
31-12-2018 micro format 04-04-2019 2019-09400512 PDF
31-12-2017 micro format 09-03-2018 2018-06600527 PDF
31-12-2016 micro format 18-05-2017 2017-12700055 PDF
31-12-2015 abbreviated format 02-06-2016 2016-15000165 PDF
31-12-2014 abbreviated format 07-04-2015 2015-09300228 PDF
31-12-2013 abbreviated format 11-03-2014 2014-06500255 PDF
31-12-2012 abbreviated format 17-06-2013 2013-18300507 PDF
31-12-2011 abbreviated format 15-05-2012 2012-11700406 PDF
31-12-2010 abbreviated format 08-07-2011 2011-28000100 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
2,491-1,7686,04118,42146,24311,84010,09818,12934,48714,207-28,23921,1635,177-75615,27913,543
246-1,8876,48319,52040,81612,5558,79415,15334,72614,286-28,49518,1805,016-21111,62610,421
5,36286,4714,48823,1568,55720,4954,0337,398-1,0661,7203,1975,08369,1241,4712,0752,073
-18,323-34,40457,233-11,0064,17719,8901,341-24,38818,5219,036-25,6638,907-5-28,72030,537-
30,46042,47754,65252,65737,9868,16817,88916,32911,620-7,945-3,59920,85020,36031,60832,69923,148
41.2%41.8%62.7%76.0%46.5%44.4%45.3%60.2%36.8%3.2%-1.4%33.9%29.4%73.1%60.5%73.1%
1.951.972.323.381.551.201.552.451.320.870.891.672.354.102.544.02
1.121.672.202.351.261.171.531.941.300.840.891.672.354.102.543.46
1.431.390.600.321.151.251.210.661.7129.88-1.952.410.370.650.37
-40.1%-27.1%-0.6%9.9%40.5%6.7%-4.6%16.6%89.8%135.7%-22.9%-10.8%-6.0%30.7%41.4%
-16.5%-11.4%-0.4%7.6%18.8%3.0%-2.1%10.0%33.1%4.4%-47.7%7.8%-3.2%-4.4%18.5%30.2%
0.68-0.583.7713.7543.24-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date22222
full-time22222
part-time--0--
in full-time equivalents22222
22222
On a permanent contract22222
Joined1-111
Left1-111

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Pledge on other assets, amount secured€50,000€50,000---
Carrying value of the other pledged assets€38,776€53,415---

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€5,362€86,471€4,488€23,156€8,557
€16,987€13,997€6,882€12,557€15,281

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on vh construct

The operating result for 2025 is a loss of €14,496, smaller than the loss of €15,765 in 2024.

Debt's share of the balance-sheet total rises from 58.2% to 58.8%. Equity and debt are lower.

Next steps

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