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VICARI CONSTRUCT

Active Private limited company (pre-2019)founded 2016active for 10 yearsRue de l'Enseignement 39, 4633 SoumagneKBO/BCE: BE 0652.874.633

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €197,324 (2023)
€142,136▲ 18.3%
lowest -€47,088 (2024)
€7,706▲ €54,794
peak €51,363 (2022)
-€5,942▲ €7,706
€138,890▲ 11.8%
peak 4.3 FTE (2018)
-not published
Board2 names since 2016
- 
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €120,187 to €142,136Back to profit: €7,706Equity from -€13,648 to -€5,942Investments €36,528Cash from €5,941 to €27,768

Key points

from the 2025 annual accounts

Equity

-€5,942
202020212022202320242025

Debts exceed assets in financial year 2025.

Result

€7,706 €7,706
-€47,1002024€7,7102025

Back in profit in 2025, after a loss of €47,088 in 2024.

Debts

€138,890 104% of the balance sheet
Financial debts 17%Suppliers 33%Taxes and wages 8%Other 43%

Of this, €115,492 falls due within a year.

Investments

€36,528 2.4 × depreciation
202220232025

Green is investment, beige is depreciation.

Filings

9 annual accounts 61 days
AprilJune31 JulyOctober20202025

Latest accounts filed late: after the legal deadline.

Position in the sector

-€5,942

Less equity than 90% of companies in construction of buildings. Sector median €45,766 · 10,162 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,633 companies had the same profile as VICARI CONSTRUCT has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,633 companies, not a prediction for VICARI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Manager, last mentioned in 2016
Manager, last mentioned in 2016
  • 51 sharesdeed of 29-04-2016
  • 49 sharesdeed of 29-04-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0652874633
Incorporation Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 29-04-2016 · Gazette deed
First establishment Rue de l'Enseignement 39, Soumagne
All 15 events

Comparable companies

same main activity, similar in size and age
Company
VICARI CONSTRUCT Soumagne €132,948 €142,136 -4.5% -
REMORA CHASSIS Oupeye €133,301 €127,468 47.6% -
NICO WARNEZ Wevelgem €137,482 €132,788 10.8% -
SWEET CONSTRUCTION Leuze-en-Hainaut €125,147 €126,763 62.9% -
BJF RENOVATION Frameries €141,436 €151,862 14.2% -
MICAFLEX Perwez €155,160 €131,825 74.8% -
Q-RENOVATIONS Heist-op-den-Berg €122,731 €119,231 37.2% -

These companies have the same main activity as VICARI CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €123,000 and €155,000, founded between 2015 and 2017.

Official details

Source: KBO
Status
Active since 27-04-2016Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.255.178.3384633 Soumagne, since 27-04-2016
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€142,136▲ 18.3%
≈ €470,000estimated
€7,706
-€5,942▲ 56.5%
€132,948▲ 20.2%
3 FTE▲ 3.4%
Filing
Filed on 30-09-2026
Financials

Insights on VICARI CONSTRUCT

VICARI CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €143,677 in 2017 to €142,136 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-09-2026, 61 days late
€142,136
▲ 18.3%
-€7,575
▲ €38,636
€7,457
▲ €43,544
€22,738
▲ €59,702
-4.5%
▲ 7.9 percentage points
0.85
▲ 0.05

Money flows

no detail for 2025

Balance sheet

balance sheet total €132,948 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-4.5%

Higher than 10% of 10,159 companies in 2025.

0.85

Higher than 16% of 9,870 companies in 2025.

5.8%

Higher than 47% of 9,958 companies in 2025.

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

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

Staff

€42,771

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 Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 132,948110,623161,889202,946143,652108,09282,389100,38256,470
21/28 35,22913,73323,85730,38611,17715,5209,03510,99016,152
22/27 35,22913,73323,85730,38611,17715,5209,03510,99016,152
23 1,5124,8388,3958,04911,17714,4193,5291,0271,578
24 33,7178,89515,46222,337-1,1015,5069,96314,574
29/58 97,71996,890138,032172,560132,47592,57273,35489,39240,318
3 37,75026,50019,50029,50052,00037,00021,00025,000-
37 37,75026,50019,50029,50052,00037,00021,00025,000-
40/41 32,10164,44975,67874,70629,61328,18523,08710,3463,384
40 26,40862,41775,43839,77828,74827,32014,90510,3462,080
41 5,6932,03224034,9288658658,182-1,304
54/58 27,7685,94138,02668,35447,19926,93028,68953,27234,973
490/1 100-4,828-3,6634575787741,961
Balance sheet: equity and liabilities
10/49 132,948110,623161,889202,946143,652108,09282,389100,38256,470
10/15 -5,942-13,64833,44051,36345,96738,39548,45938,82824,328
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,200
10 ----6,200----
100 ----18,60018,60018,60018,60018,600
101 ----12,40012,40012,40012,40012,400
13 1,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,860---
130 ----1,8601,8601,8601,8601,860
1311 1,8601,8601,8601,860-----
14 -14,002-21,70825,38043,30337,90730,33540,39930,76816,268
17/49 138,890124,271128,449151,58397,68569,69733,93061,55432,142
17 23,3983,2307,40217,4243,3116,3064,6849,36714,051
170/4 23,3983,2307,40217,4243,3116,3064,6849,36714,051
42/48 115,492121,041121,047134,15994,37463,39129,24652,18718,091
42 10,1844,1727,0656,9362,7477,3784,6844,6844,684
44 45,66431,75429,70495,61264,79429,45217,77319,5662,428
440/4 45,66431,75429,70495,61264,79429,45217,77319,5662,428
46 -36,64036,6406,9956,99511,742---
45 10,6313,42717,8331,3448,1989,1956,61725,2699,586
450/3 4,561-17,8331,3445,2291,0584,50224,5894,047
454/9 6,0703,427--2,9698,1372,1156805,539
47/48 49,01345,04829,80523,27211,6405,6241722,6681,393
Income statement
70 -----290,148358,696302,695301,879
9900 142,136120,187197,324165,967130,72494,525122,461148,203143,677
60/61 -----195,623236,235154,492158,202
62 128,314130,275170,391152,269111,89995,81899,665117,638110,219
630 15,03210,12410,8834,2914,3436,3946,2155,16210,526
631/4 --30,00030,000------
640/8 5,3651,6092,2081,1311,2761,3091,0333,049273
66A 1,00054,390-------
9901 -7,575-46,211-16,1588,27613,206-8,99615,54822,35422,659
75/76B 17,35143------1
75 -43------1
76B 17,351--------
65/66B 1,7989201,7651,2363,5191,3531,7662,085485
65 1,7989201,7651,2363,5191,3531,7662,085485
9903 7,978-47,088-17,9237,0409,687-10,34913,78220,26922,175
67/77 272--1,6442,115-2854,1515,7694,047
9904 7,706-47,088-17,9235,3967,572-10,0649,63114,50018,128
9905 7,706-47,088-17,9235,3967,572-10,0649,63114,50018,128
Appropriation of the result
9906 -14,002-21,70825,38043,30337,90730,33540,39930,76818,128
14P -21,70825,38043,30337,90730,335----
691/2 --------1,860
6920 --------1,860
Social balance sheet
9087 32.943.8333.84.34.2
Hours worked1013 ---5,2804,0244,1604,9926,5687,340
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 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 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00537813.

Financial year Type Filed Reference Document
31-12-2025 micro format 30-09-2026 2026-00537813 PDF
31-12-2024 micro format 22-08-2025 2025-00405909 PDF
31-12-2023 micro format 29-07-2024 2024-00328477 PDF
31-12-2022 micro format 29-06-2023 2023-00200679 PDF
31-12-2021 micro format 29-07-2022 2022-20266436 PDF
31-12-2020 micro format 07-07-2021 2021-34300003 PDF
31-12-2019 micro format 19-08-2020 2020-43200358 PDF
31-12-2018 micro format 25-07-2019 2019-39100187 PDF
31-12-2017 micro format 31-07-2018 2018-43100046 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
7,457-36,087-5,27512,56717,549-2,60221,76327,51633,185
22,738-36,964-7,0409,68711,915-3,67015,84619,66228,654
36,52804,35423,500012,8794,260025,677
21,827-32,085-30,32821,15520,269-1,759-24,58318,299-
-17,773-24,15116,98538,40138,10129,18144,10837,20522,227
------3.1%4.3%7.4%7.5%
-4.5%-12.3%20.7%25.3%32.0%35.5%58.8%38.7%43.1%
0.850.801.141.291.401.462.511.712.23
0.520.580.981.070.850.881.791.232.23
--3.842.952.131.820.701.591.32
---53.6%10.5%16.5%-26.2%19.9%37.3%74.5%
5.8%-42.6%-11.1%2.7%5.3%-9.3%11.7%14.4%32.1%
4.15-39.23-2.9910.174.99----
-----34 days15 days12 days3 days
-----55 days27 days46 days6 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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 date---43
full-time---43
in full-time equivalents3--43
32.943.83
On a permanent contract33343
Joined11011
Left11101

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

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€36,528-€4,354€23,500-
€15,032€10,124€10,883€4,291€4,343

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

Insights on VICARI CONSTRUCT

The operating result for 2025 is a loss of €7,575, smaller than the loss of €46,211 in 2024.

Equity is negative. Debt (€138,890) exceeds the balance-sheet total (€132,948).

Board & ownership

Mandates through the years

2 names

Manager (not named in the articles)

Manager (not named in the articles)
Earlierend not dated
Mandates as a list
    • Manager (not named in the articles), appointed by deed of 29-04-2016, last mentioned in 2016
    • Manager (not named in the articles), appointed by deed of 29-04-2016, last mentioned in 2016

See the board, name and registered office on a given date →

Control

Founders
,
This company
VICARI CONSTRUCT
Equity -€5,942
Profit €7,706 in 2025

Capital

Contribution
€6,200
Shares
100
Contribution per share
€62
Equity per share
-€59.42 in 2025
Source
2025 annual accounts

Articles of association

deed of 29-04-2016 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Un ou plusieurs gérants, gérants ordinaires révocables ad nutum assemblée générale majorité simple sans indemnité”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement parts acquises, toutes cessions entre vifs onéreux gratuit volontaires forcées cas…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Saturday of June at 10:00

Shareholders

At incorporation deed of 29-04-2016 ↗
  • 51 shares (51%) · €9,486
  • 49 shares (49%) · €9,114

Office holders in the KBO →

Network & group

No group

VICARI CONSTRUCT has no parent and no holdings in its annual accounts.

Connections & network

Timeline

Timeline

15 events since 2016

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 61 days late
2025
Back to profit net €7,706 The net result is €7,706, after 2 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0652874633
Annual accounts 2024 filed PDFmicro format · 22 days late
2024
Weakest financial year net -€47,088 The net result drops to -€47,088, the lowest from 2017 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 2 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 2 days before the deadline
2021
Back to profit net €7,572 The net result is €7,572, after one loss-making year.
Annual accounts 2020 filed PDFmicro format · 24 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 19 days late
2019
Annual accounts 2018 filed PDFmicro format · 6 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · on the deadline day
2016
IncorporationFounding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointments: (manager) and (manager) · published on 29-04-20167 points ▸
  • Founder,
  • Founder,
  • Founding capital, €18,600, 100 shares
  • Capital, €18,600, 100 shares
  • Board rule, 2
  • Director appointment, (manager (not named in the articles))
  • Director appointment, (manager (not named in the articles))
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue de l'Enseignement 39, Soumagne

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 27 April 2016, VICARI CONSTRUCT was incorporated by two natural persons, with a starting capital of €18,600.12 Turnover went from €302,695 in 2018 to €290,148 in 2020 and headcount from 4.3 full-time equivalents in 2018 to 3 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 29-04-2016
  3. 3National Bank, annual accounts 2018, 2020 and 2025

Company details

Identity

Enterprise number
0652.874.633
VAT number
BE 0652.874.633
Peppol ID
0208:0652874633
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
27-04-2016
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Saturday of June at 10:00
deed of 29-04-2016 (in French)
Peppol
Reachable since 11-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VICARI CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-04-2016 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Rue de l’Enseignement 39, 4633 Soumagne (Melen)”
deed of 29-04-2016 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la…”
7 activities
  1. L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures
  2. Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparations,d’embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
  3. La prestation de conseils et d’assistance tant au point de vue technique qu’administratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur des biens immobiliers
  4. L’acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l’achat,la vente,la location,la division et le lotissement de tous immeubles
  5. La prise en considération de tous travaux concernant la distribution de l’eau,du gaz,de l’électricité,etc.,l’établissement et l’exploitation de tous moyens de transport,ports,canaux,routes,etc.
  6. L’achat,la vente,la location,l’importation,l’exportation de tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d’entretien,de maintenance,de réparation et de renouvellement des ouvrages d’art et bâtiments
  7. La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre de tous marchés de travaux publics ou privés ou de fourniture et faite de toutes opérations se rattachant à ces objets
deed of 29-04-2016 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue de l'Enseignement 39 registered office 4633 Soumagne 27-04-2016 2.255.178.338

Buildings and parcels at the address

Ground area
853 m²
Buildings
152 m²
Volume, LiDAR
951 m³
Tallest building
8.8 m
Buildings to scale, each on its own parcel
152 m², 8.8 m 152 m², 8.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62069B0332/00R000853 m² 1 · 152 m² 8.8 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0652.874.633