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VIA A11

Active
Public limited companyfounded 2014active for 12 yearsKarel Oomsstraat 37, 2018 Antwerpen, BelgiumKBO/BCE: BE 0547.978.239
Summary

VIA A11 has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.5m and a net result of €5.6m. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 6% of 374 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Construction of roads and motorways
NACE 42110
#2 company by total assets in Antwerp, Construction sector1 site
Size
€11.4mturnover 2025
Equity
€14.5m
Profit
€5.6m
Financial health
91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
VIA BRUGGE · 60.67%
Auditor: BDO Bedrijfsrevisoren bvAccounts 108 days early1 of 14 deeds read
Why 91raises riskEquity €14.5m (2.5% of total assets)Sector: Civil engineering (NACE 42)lowers riskSize: turnover €11.4m, total assets €587.5mFounded in 2014Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 50% of its sector peers (NACE 42, large)
Financial strength · tick = 2024
Weak
Solvency 27=
equity 2.5% of total assets
Liquidity 57+5
short-term debt 3.3% · cash 5.5%
Profitability 40+1
return on assets 1.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (34 companies, NACE 42, large)
Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity ample (current ratio 29.87, compared with 34.04 in 2024; short-term debt: 3.3% and cash: 5.5% of total assets), but 97.5% of the assets are financed with debt.
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 42, large): better than 18% on solvency, 85% on liquidity, 29% on profitability and 69% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €11.4m, total assets €587.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €14.5m (2.5% of total assets)
NBB · annual accounts
raises risk · Sector: Civil engineering (NACE 42)
KBO
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 374 sector peers (2025).
NBB · sector comparison
Position among 374 sector peers
Solvency
better than 6%
← weakest strongest →
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 14-04-2026, 108 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
108 days early
2024
122 days early
2023
111 days early
2022
105 days early
2021
101 days early
2020
116 days early
2019
114 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 111 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: BDO Bedrijfsrevisoren BV (statutory auditor)…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Highest result from 2018 to 2025net €5.6m ▲18.5%

Key points

  • Caution: Among the weakest 7% on solvencysector median 40.4% · 374 companies 2.5% View
  • Positive: 5 years of growth in a rowturnover 2025: €11.4m 5 years View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by VIA BRUGGEknown shareholders 100% 60.67% View
  • New directorlatest change 27-03-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Turnover
€11.4m
Profit
€5.6m
Solvency
2.5%
Turnover▲ 4.1%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
VIA BRUGGE · 60.67%
Known shareholders
100%
Auditor
BDO Bedrijfsrevisoren bv
  • Karoy HornyákDirector
Go to Board & ownership

Timeline

Events
17
Since
2015
Next accounts
by 31-07-2027
  1. 31-03-2025Annual accounts filed
  2. 31-12-2024Equity above €10m
  3. 11-04-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Construction of roads and motorwaysNACE 42110
Founded
17-03-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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