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VHS Construct

Active
Private limited companyfounded 20242 yrs activeHeidepark 68, 9280 Lebbeke, BelgiumKBO/BCE: BE 1008.838.701
Summary

VHS Construct has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,047 and a net result of €5,317. Its solvency ranks better than 33% of 2275 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€58,439total assets 2025
Equity
€17,047
Profit
€5,317
Turnover not published (abridged schema)
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Accounts 142 d early0 of 1 deed read
Why 66- Founded in 2024- Size: total assets €58,439+ Liquidity: current ratio 1.13, cash €12,951+ Figures for FY 2025 (filed 11-03-2026)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 61% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 54-28
equity 29.2% of total assets
Liquidity 65-14
short-term debt 30.0% · cash 22.2%
Profitability 80-20
return on assets 9.1%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,693 companies)
Last 24 months 05-2025: 0.4%lowest value 06-2025: 0.4%● 0.0% vs 05-2025lowest value 07-2025: 0.4%● 0.0% vs 06-2025lowest value 08-2025: 0.4%▲ +1.4% vs 07-2025 09-2025: 0.4%● 0.0% vs 08-2025 10-2025: 0.4%▲ +0.9% vs 09-2025 11-2025: 0.4%● 0.0% vs 10-2025 12-2025: 0.5%▲ +7.1% vs 11-2025 01-2026: 0.5%▼ -0.2% vs 12-2025 02-2026: 0.4%▼ -3.0% vs 01-2026 03-2026: 0.5%▲ +0.9% vs 02-2026 04-2026: 1.2%▲ +169% vs 03-2026highest value 05-2026: 1.2%● 0.0% vs 04-2026highest value 06-2026: 1.2%● 0.0% vs 05-2026highest value 07-2026: 1.2%● 0.0% vs 06-2026highest value 08-2026: 1.2%● 0.0% vs 07-2026highest value 09-2026: 1.2%● 0.0% vs 08-2026highest value 10-2026: 1.2%● 0.0% vs 09-2026highest value
  • Founded in 2024 raises the probability for this profile
  • Liquidity: current ratio 1.13, cash €12,951 lowers the probability
  • Size: total assets €58,439 raises the probability for this profile
  • Figures for FY 2025 (filed 11-03-2026) lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 2.26 in 2024; short-term debt: 30% and cash: 22.2% of total assets), and 70.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 32%, liquidity 65%, profitability 63%, growth against the median 85%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.13, cash €12,951
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: total assets €58,439
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 11-03-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-03-2026, 142 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
142 d early
2024
107 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 125 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Total assets 20252 fiscal years filed €58,439 View
  • Active since 2024founded 26-04-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€58,439
Profit
€5,317
Solvency
29.2%
Total assets▲ 182%
Net result
20242025
Go to Financials

Timeline

Events
2
Since
2025
Next accounts
by 31-07-2027
  1. 11-03-2026Annual accounts filed
  2. 15-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
26-04-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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