VIBE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of VIBE CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €88k and a net result of €51k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 7500 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+61
Solvency100▲+28
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 1.88 in 2024; short-term debt: 25.2% and cash: 5.4% of total assets), and 25.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.8%
Return on assets
43.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
30 d early
2024
46 d early
2023
36 d early
2022
34 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€88k▲ 139%
2024 · €37k
Total assets
€118k▲ 49.2%
2024 · €79k
Net result
€51k▲ 10,723%
2024 · €475
Working capital
€88k▲ 139%
2024 · €37k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€42k-€8k▼ 82.0%€2k▼ 74.5%€63k▲ 3,188%
Net result€29k-€5k▼ 82.9%€475▼ 90.3%€51k▲ 10,723%
Equity€32k-€36k▲ 15.5%€37k▲ 1.3%€88k▲ 139%
Total assets€60k-€78k▲ 30.5%€79k▲ 1.8%€118k▲ 49.2%
Debt€28k-€41k▲ 47.4%€42k▲ 2.2%€30k▼ 29.5%
Working capital€21k-€20k▼ 5.5%€37k▲ 84.1%€88k▲ 139%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3,188% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €118k
Equity
€88k ▲ 139%
Debt
€30k ▼ 29.5%
Debt's share of the balance-sheet total falls from 53.3% to 25.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.98▲
2024 · 1.88
Debt to equity
0.34▼
2024 · 1.14
ROE
58.2%▲
2024 · 1.3%
ROA
43.5%▲
2024 · 0.6%
Debt ≤ 1 year
€30k▼
2024 · €42k
Income taxes
€16k▲
2024 · €4k
Staff costs
€579
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €120 | - | - | €579 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €864 | - | - | - |
| Other operating charges640/8 | €3k | €3k | €2k | €822 | ▼ 67.1% |
| Non-recurring operating charges66A | - | - | €16k | €0 | ▼ 100% |
| Gross operating margin9900 | €48k | €11k | €21k | €64k | ▲ 209% |
| Operating profit (loss)9901 | €42k | €8k | €2k | €63k | ▲ 3,188% |
| Financial income75/76B | €678 | €1k | €4k | €5k | ▲ 20.8% |
| Recurring financial income75 | €678 | €1k | €4k | €5k | ▲ 20.8% |
| Financial charges65/66B | €2k | €1k | €2k | €505 | ▼ 68.9% |
| Recurring financial charges65 | €2k | €1k | €2k | €505 | ▼ 68.9% |
| Profit (loss) for the period before taxes9903 | €40k | €8k | €4k | €67k | ▲ 1,488% |
| Income taxes67/77 | €12k | €3k | €4k | €16k | ▲ 323% |
| Profit (loss) for the period9904 | €29k | €5k | €475 | €51k | ▲ 10,723% |
| Profit (loss) for the period to be appropriated9905 | €29k | €5k | €475 | €51k | ▲ 10,723% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €60k | €78k | €79k | €118k | ▲ 49.2% |
| Fixed assets21/28 | €10k | €16k | - | - | - |
| Tangible fixed assets22/27 | €10k | €16k | - | - | - |
| Furniture and vehicles24 | €10k | €16k | - | - | - |
| Current assets29/58 | €49k | €61k | €79k | €118k | ▲ 49.2% |
| Amounts receivable after more than one year29 | - | €14k | - | - | - |
| Other amounts receivable291 | - | €14k | - | - | - |
| Amounts receivable within one year40/41 | €49k | €45k | €75k | €107k | ▲ 42.5% |
| Trade receivables40 | €17k | €44k | €12k | €13k | ▲ 11.6% |
| Other amounts receivable41 | €32k | €1k | €63k | €94k | ▲ 48.4% |
| Current investments50/53 | - | €1k | €100 | - | - |
| Cash at bank and in hand54/58 | - | - | - | €6k | - |
| Deferred charges and accrued income490/1 | - | €1k | €4k | €5k | ▲ 20.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €60k | €78k | €79k | €118k | ▲ 49.2% |
| Equity10/15 | €32k | €36k | €37k | €88k | ▲ 139% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | €33k | €34k | €85k | ▲ 151% |
| Distributable reserves133 | - | €33k | €34k | €85k | ▲ 151% |
| Profit (loss) carried forward14 | €29k | - | - | - | - |
| Amounts payable17/49 | €28k | €41k | €42k | €30k | ▼ 29.5% |
| Amounts payable within one year42/48 | €28k | €41k | €42k | €30k | ▼ 29.5% |
| Financial debts43 | €4k | €5k | €5k | €0 | ▼ 100% |
| Credit institutions430/8 | €4k | €5k | €5k | €0 | ▼ 100% |
| Trade debts44 | €1k | €22k | €9k | €10k | ▲ 10.5% |
| Suppliers440/4 | €1k | €22k | €9k | €10k | ▲ 10.5% |
| Taxes, remuneration and social security45 | €22k | €14k | €28k | €19k | ▼ 29.8% |
| Taxes450/3 | €22k | €14k | €28k | €19k | ▼ 29.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €5k | €475 | €51k | ▲ 10,723% |
| + Depreciation and write-downs630 | €3k | €864 | - | - | - |
| Operating cash flow (approximation) | €32k | €6k | €475 | €51k | ▲ 10,723% |
| Investment in fixed assets (approximation) | - | €-7k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2022net €51k ▲10,723%
Operating result €63k, net result €51k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 3.98
Current ratio from 1.88 to 3.98; short-term debt falls from €42k to €30k.
15-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €475 ▼90.3%
Net result drops to €475, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Damme · 1 establishment unit since 2021
Ground area
953 m²
Building footprint
243 m²
Volume, LiDAR
862 m³
Parcel 31026C1047/00G000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VIBE CONSTRUCT
since 20212.319.676.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026C1047/00G000 | Flanders | 953 m² | 1 · 243 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 13,157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-06-2021
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.