VIASO CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of VIASO CONSTRUCT is 8.2% (elevated). The 2025 annual accounts show negative equity (€-523k) and a net result of €-545k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 5% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-23
Solvency0▼-56
Growth48▼-32
Track record100
Bankruptcy probability, 12 months
8.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 1.57 in 2024; short-term debt: 758.7% and cash: 42.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-658.7%
Return on assets
-685.9%
Age of the figures
18 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-523k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 18-11-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
18 d late
2024
5 d late
2023
20 d late
2022
38 d late
2021
14 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€506k▲ 9.2%
2024 · €463k
2021: €301k
2022: €391k
2023: €449k
2024: €463k
2021 → 2025
EBIT margin
1.1%▼ 0.7pp
2024 · 1.7%
2021: 2.2%
2022: 0.9%
2023: 1.9%
2024: 1.7%
2021 → 2025
Net result
€-545k
2024 · €6k
2021: €4k
2022: €2k
2023: €6k
2024: €6k
2021 → 2025
Working capital
€-524k
2024 · €25k
2021: €2k
2022: €8k
2023: €18k
2024: €25k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€301k-€391k▲ 30.0%€449k▲ 14.8%€463k▲ 3.1%€506k▲ 9.2%
Equity€8k-€10k▲ 29.7%€15k▲ 55.7%€22k▲ 39.5%€-523k
Operating result€7k-€4k▼ 43.9%€9k▲ 131%€8k▼ 6.0%€5k▼ 33.3%
Net result€4k-€2k▼ 37.8%€6k▲ 143%€6k▲ 10.4%€-545k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€1k▼ 38.5%
Current assets
€78k▲ 14.4%
Key figures and ratios
EBITDA
€6k▼
2024 · €17k
Cash flow
€-544k▼
2024 · €16k
Solvency
-658.7%▼
2024 · 30.6%
Current ratio
0.13▼
2024 · 1.57
Quick ratio
0.13▼
2024 · 1.57
Debt / equity
-1.15▼
2024 · 2.26
ROA
-685.9%▼
2024 · 8.7%
Interest coverage
45.55▼
2024 · 48.78
Debt
€602k▲
2024 · €49k
Debt ≤ 1 year
€602k▲
2024 · €43k
Income taxes
€550k▲
2024 · €2k
Staff costs
€712
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€79k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Current assets29/58€68k€78k▲
Amounts receivable within one year40/41€57k€44k▼
Trade receivables40€56k€44k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€11k€34k▲
Equity and liabilities
Total equity and liabilities10/49€70k€79k▲
Equity10/15€22k€-523k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€18k€-527k▼
Amounts payable17/49€49k€602k▲
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€43k€602k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€26k€56k▲
Suppliers440/4€14k€15k▲
Bills of exchange payable441€12k€40k▲
Taxes, remuneration and social security45€12k€547k▲
Taxes450/3€2k€547k▲
Remuneration and social security454/9€10k-
Income statement
Code20242025
Turnover70€463k€506k▲
Goods, raw materials, services and sundry goods60/61€445k€495k▲
Remuneration, social security and pensions62-€712
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€863▼
Other operating charges640/8-€6k
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€8k€5k▼
Financial income75/76B€47€70▲
Recurring financial income75€47€70▲
Financial charges65/66B€357€136▼
Recurring financial charges65€357€136▼
Profit (loss) for the period before taxes9903€8k€5k▼
Income taxes67/77€2k€550k▲
Profit (loss) for the period9904€6k€-545k▼
Profit (loss) for the period to be appropriated9905€6k€-545k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-527k▼
Profit (loss) brought forward from the previous period14P€11k€18k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
31-03
Financial
Weakest financial yearnet €-545k ▼9008%
Net result drops to €-545k, the lowest in the series.
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
31-03
Financial
Highest result since 2021net €6k ▲10.4%
Net result €6k, the highest in the series.
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2021
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ganshoren · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jetteselaan 237A1083 GanshorenGround area
192 m²
Building footprint
163 m²
Volume, LiDAR
1,862 m³
Parcel 21008A0403/00F003, Brussels · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Jetteselaan 237A, 1083 Ganshoren
since 20202.299.866.634
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21008A0403/00F003 | Brussels | 192 m² | 1 · 163 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0446.884.344
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VICTOR DUBART
BE 0841.556.558
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TIB CONSTRUCT
BE 0789.818.045
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High Point
BE 0748.993.517
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BOUWWERKEN DUBOIS
BE 0896.512.897
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,303 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2020
Fiscal year end31-03
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.