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VICTORCONSTRUCT

Active Private limited companyfounded 2005active for 20 yearsKapellestraat 117, 8020 OostkampKBO/BCE: BE 0877.817.336 subsidiary of Global Merrill & Piedmont

Overview

Lifetime

20 annual accounts with figures on one time axis
peak €236,192 (2022)
€12,406▲ €23,702
lowest -€122,604 (2024)
-€84,771▲ €37,833
peak €462,843 (2022)
€141,336▼ 37.5%
€2.0m▲ 4.2%
peak 0 FTE (2025)
0 FTE 
Board4 names since 2021
- 
Owners2 names in the annual accounts
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from -€11,296 to €12,406Loss of €84,771Equity from €226,107 to €141,336

Key points

from the 2025 annual accounts

Equity

€141,336 from €462,843 in 2022

Equity fell by 69% in 3 years.

Losses

-€321,508 in three years
-114,1322023-122,6042024-84,7712025

Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.

Debts

€2.0m 94% of the balance sheet
Financial debts 51%Suppliers 0%Other 48%

€1.1m of the debts are secured on the company's own assets. In 2021 that was €1.1m.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 15 to 75 days before the end of the period.

Position in the sector

-€84,771

Lower net result than 87% of companies in real estate. Sector median €9,997 · 11,290 companies.

Checked score

88
Excellent
Financially stronger than 20% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 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: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

31-4equity 6.5% of total assets
33-1short-term debt 38.8% · cash 0.7%
28+4return on assets -3.9%

Score breakdown

raises risk
Equity €141,336 (6.5% of total assets)
Loss of €84,771, the second in a row (financial year 2025)
lowers risk
Size: total assets €2.2m
Figures for financial year 2025 (filed on 16-07-2026)
Calculation

The band follows from the bankruptcy probability. 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 68, small). It does better than 24% of them on solvency, 26% on liquidity, 20% on profitability and 11% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,104 companies had the same profile as VICTORCONSTRUCT has now. Each dot stands for 3 companies, two years later.

94.2%
were still trading
3.6%
stopped another way
1.8%
went bankrupt
  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss

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

The bankruptcy probability of VICTORCONSTRUCT itself is lower: 0.1% within 12 months. It rests on far more data about VICTORCONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 1,104 companies, not a prediction for VICTORCONSTRUCT. 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 of up to €12,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.58 (2.71 in 2024), above the usual 1.5. Short-term debt is 38.8% and cash 0.7% of total assets. However, 93.5% of the assets are financed with debt and provisions.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €141,336 (6.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
raises risk · Loss of €84,771, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€84,771
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
50 days early
2023
75 days early
2022
28 days early
2021
16 days early
2020
30 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
BL
Director, until 2024
CF
Director, until 2024
DK
Director, until 2024
WS
Director, until 2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0877817336
Environmental permit granted Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Slopen van niet vrijstaande gebouwen of constructies · Brugge
4 managers resigning, 4 directors reappointed Resignations: BEKE Luc Sylvain Georges, WILMS Stany Alfred, COUCKE Francis and DEWULF Kathleen Clara · Reappointments: BEKE Luc Sylvain Georges (class A director), WILMS Stany Alfred (director), COUCKE Francis (director) and DEWULF Kathleen Clara (director) · General meeting of 28-06-2024 · Gazette deed
Environmental permit refused Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
All 33 events

Comparable companies

same main activity, similar in size and age
Company
VICTORCONSTRUCT Oostkamp €2.2m €12,406 6.5% 0
POC CONSTRUCT Roeselare €2.5m €16,161 3.1% 0
IEPENBURG Schilde €2.4m €30,203 86.9% 0
REWIRTUS Geraardsbergen €2.0m €32,519 2.3% 0
HOLDING VANGRONSVELD Bilzen-Hoeselt €1.3m €18,081 100.0% 0
Heritage Development Brasschaat €2.5m €42,872 -4.6% 0
RODAMA Kortrijk €4.0m €12,087 0.0% 0

These companies have the same main activity as VICTORCONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.3m and €4m, founded between 1996 and 2009.

Official details

Source: KBO
Status
Active since 09-12-2005Normal situation
Registered office
52 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.150.884.6318020 Oostkamp, since 02-01-2006
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€12,406
≈ €52,000estimated
€84,771▼ 30.9%
€141,336▼ 37.5%
€2.2m▼ 0.1%
Filing
Filed on 16-07-2026, 15 days before the end of the filing period
Financials

Insights on VICTORCONSTRUCT

VICTORCONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from -€4,949 in 2006 to €12,406 in 2025.

Global Merrill & Piedmont holds all the shares. In July 2024, four directors stepped down.

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

Financials

Annual accounts 2025

abbreviated format, filed on 16-07-2026, 15 days before the deadline
€12,406
▲ €23,702
-€161
▲ €19,409
-€84,771
▲ €37,833
€1.3m
▼ 3.2%
6.5%
▼ 3.9 percentage points
2.58
▼ 0.14

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €52,000. Estimated: probably between €25,000 and €160,000.

Balance sheet

balance sheet total €2.2m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

6.5%

Higher than 25% of 11,299 companies in 2025.

2.58

Higher than 74% of 10,851 companies in 2025.

-3.9%

Higher than 17% of 11,184 companies in 2025.

VICTORCONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 2.2m2.2m2.3m2.2m2.1m2.1m465,310686,943683,142676,265649,813653,308648,227647,697647,895655,504652,747658,579677,672536,398
21/28 ----------------6,0289,07712,126258
22/27 ----------------6,0289,07712,126258
24 ----------------6,0289,07712,126258
29/58 2.2m2.2m2.3m2.2m2.1m2.1m465,310686,943683,142676,265649,813653,308648,227647,697647,895655,504646,719649,502665,546536,140
3 2.1m2.1m2.2m2.2m2.0m2.0m438,287673,945659,040639,040639,040639,040639,040639,040639,040639,040639,040639,040639,040514,252
30/36 2.1m2.1m2.2m2.2m2.0m2.0m438,287673,945659,040639,040639,040639,040639,040639,040639,040639,040639,040639,040639,040514,252
40/41 53,21250,08567,07121,43619,49019,12822,0368,9352,673---3328814391,6923,7698,906
40 3,056018,4701,9381,5061,162921-2,673-----283139--235-
41 50,15550,08548,60119,49817,98517,96621,1158,935----335491,6923,5348,906
54/58 15,10021,13417,78315,2575,6876,1794,4503,57220,95436,63610,26313,7828,7058,2298,16615,6297,0398,17722,04312,982
490/1 1,0481,026971900853776538491474589510486479425401692631593694-
Balance sheet: equity and liabilities
10/49 2.2m2.2m2.3m2.2m2.1m2.1m465,310686,943683,142676,265649,813653,308648,227647,697647,895655,504652,747658,579677,672536,398
10/15 141,336226,107348,711462,843315,389318,020124,34380,64096,160112,311123,140149,000172,290196,087219,434241,587267,289291,940323,229225,493
10/11 250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
100 ------250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
13 -025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000-
130/1 -025,00025,00025,00025,000--------------
130 ------25,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,00025,000-
1311 -025,00025,00025,00025,000--------------
14 -108,664-23,89373,711187,84340,38943,020-150,657-194,360-178,840-162,689-151,860-126,000-102,710-78,913-55,566-33,413-7,71116,94048,229-24,507
16 ---09,3309,3309,3309,3309,3309,330----------
160/5 ---09,3309,3309,3309,3309,3309,330----------
164/5 ---09,3309,3309,3309,3309,3309,330----------
17/49 2.0m2.0m1.9m1.8m1.7m1.7m331,637596,973577,651554,624526,673504,308475,937451,610428,461413,917385,458366,639354,443310,905
17 1.1m1.1m1.1m1.1m1.1m1.1m236,920526,000526,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
170/4 1.1m1.1m1.1m1.1m1.1m1.1m236,920526,000526,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000250,000
42/48 850,632809,193788,131678,645640,122666,41191,30869,24850,803208,291180,345164,640149,806135,546122,440117,92599,41790,65688,86354,056
43 ------------------22,568-
439 ------------------22,568-
44 5,6324,1933,1313,6453,9932,28210,1791,11822,673244-427511-1855957305164
440/4 5,6324,1933,1313,6453,9932,28210,1791,11822,673244-427511-1855957305164
45 ---------------301----
450/3 ---------------301----
47/48 845,000805,000785,000675,000636,129664,12981,12968,12928,129208,047180,345164,598149,731135,535122,440117,43999,35890,59965,99053,892
492/3 148,933108,48764,33221,48739,57619,5033,4091,72684996,33396,32889,66876,13166,06456,02145,99236,04125,98315,5806,849
Income statement
76A 22,387--------------3,600----
9900 12,406-11,296-12,400236,19245,213235,61556,128-4,837-5,236281,8492,4032,8592,0172,304-2,3421,700-2,498155,354-4,949
630 ---------------603,0493,0493,0502,430
635/8 --0-9,330-----9,330----------
640/8 12,5678,2746,5026,7756,1161,5081,4721,4502,4721,0611,055-1,8891,4371,3554,5381,5474,3483,769509
9901 -161-19,570-18,903238,74739,097234,10754,656-6,287-7,709-10,3637942,403970580949-6,940-2,896-9,895148,535-7,888
75/76B -00003329-0148131630-2435168837
75 -00003329-0148131630-2435168837
65/66B 84,611103,03495,31842,79341,72840,46310,9819,2348,44246726,65625,70024,78023,94323,13222,36221,77921,42922,62917,456
65 84,611103,03495,31842,79341,72840,46310,9819,2348,44246726,65625,70024,78023,94323,13222,36221,77921,42922,62917,456
9903 -84,771-122,604-114,220195,954-2,631193,67643,704-15,521-16,150-10,829-25,858-23,289-23,797-23,347-22,153-25,702-24,651-31,289126,074-24,507
67/77 -0-8848,500-----011------28,338-
9904 -84,771-122,604-114,132147,454-2,631193,67643,704-15,521-16,150-10,830-25,859-23,290-23,797-23,347-22,153-25,702-24,651-31,28997,736-24,507
9905 -84,771-122,604-114,132147,454-2,631193,67643,704-15,521-16,150-10,830-25,859-23,290-23,797-23,347-22,153-25,702-24,651-31,28997,736-24,507
Appropriation of the result
9906 -108,664-48,89373,711187,84340,38943,020-150,657-194,360-178,840-162,689-151,860-126,000-102,710-78,913-55,566-33,413-7,71116,94073,229-24,507
14P -23,89373,711187,84340,38943,020---------------
791/2 025,000------------------
691/2 ------------------25,000-
6920 ------------------25,000-
Social balance sheet
9087 0-------------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 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 16-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 16-07-2026 2026-00312498 PDF
31-12-2024 abbreviated format 11-06-2025 2025-00137227 PDF
31-12-2023 abbreviated format 17-05-2024 2024-00093077 PDF
31-12-2022 abbreviated format 03-07-2023 2023-00199275 PDF
31-12-2021 abbreviated format 15-07-2022 2022-20197004 PDF
31-12-2020 abbreviated format 01-07-2021 2021-29400196 PDF
31-12-2019 abbreviated format 11-06-2020 2020-16600573 PDF
31-12-2018 abbreviated format 06-06-2019 2019-17500170 PDF
31-12-2017 abbreviated format 03-07-2018 2018-29200526 PDF
31-12-2016 abbreviated format 22-06-2017 2017-21300508 PDF
31-12-2015 abbreviated format 31-08-2016 2016-58100084 PDF
31-12-2014 abbreviated format 10-09-2015 2015-58500082 PDF
31-12-2013 abbreviated format 27-08-2014 2014-52700306 PDF
31-12-2012 abbreviated format 29-08-2013 2013-56300026 PDF
31-12-2011 abbreviated format 30-08-2012 2012-52100031 PDF
31-12-2010 abbreviated format 17-01-2012 2012-01200201 PDF
31-12-2009 abbreviated format 17-01-2012 2012-01200200 PDF
31-12-2008 abbreviated format 28-08-2009 2009-69100140 PDF
31-12-2007 abbreviated format 29-08-2008 2008-68900309 PDF
31-12-2006 abbreviated format 31-08-2007 2007-69800296 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
----------------6,880153-6,846151,585-5,458
----------------25,642-21,602-28,240100,786-22,077
----------------5,9680014,918329
-6,0353,3512,5269,570-4911,729878-17,382-15,68226,373-3,5195,07747663-7,4638,590-1,138-13,8669,061-
1.3m1.4m1.5m1.5m1.4m1.4m374,003617,695632,339467,974469,468488,668498,421512,151525,455537,579547,302558,846576,683482,084
6.5%10.3%15.5%20.9%15.4%15.4%26.7%11.7%14.1%16.6%19.0%22.8%26.6%30.3%33.9%36.9%40.9%44.3%47.7%42.0%
2.582.712.863.263.213.105.109.9213.453.253.603.974.334.785.295.566.517.167.499.92
0.080.090.110.060.040.040.300.190.470.180.060.090.060.060.070.140.080.120.300.40
14.508.705.463.785.485.462.677.406.014.944.283.382.762.301.951.711.441.261.101.38
-60.0%-54.2%-32.7%31.9%-0.8%60.9%35.1%-19.2%-16.8%-9.6%-21.0%-15.6%-13.8%-11.9%-10.1%-10.6%-9.2%-10.7%30.2%-10.9%
-3.9%-5.6%-5.1%6.7%-0.1%9.4%9.4%-2.3%-2.4%-1.6%-4.0%-3.6%-3.7%-3.6%-3.4%-3.9%-3.8%-4.8%14.4%-4.6%

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.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€1.1m€1.1m€1.1m€1.1m€1.1m
Mortgages, amount registered€27,500€27,500€27,500€27,500€82,500
€1.2m€1.2m€1.2m€1.2m€2.3m
Carrying value of the mortgaged assets€2.1m€2.1m€2.2m€2.2m€2.0m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Insights on VICTORCONSTRUCT

The operating result for 2025 is a loss of €161, smaller than the loss of €19,570 in 2024.

Debt's share of the balance-sheet total rises from 89.7% to 93.5%. Equity is lower and debt is higher.

Board & ownership

Mandates through the years

4 names, the dashed line is today
Beke Luc
Director
Wilms Stany
Director
Earliermandate already running before its first mention
Mandates as a list
  • Beke Luc
    • Director, from before 31-12-2021 to 22-07-2024
  • COUCKE Francis
    • Director, from before 31-12-2021 to 22-07-2024
  • Dewulf Kathleen
    • Director, from before 31-12-2021 to 22-07-2024
  • Wilms Stany
    • Director, from before 31-12-2021 to 22-07-2024

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

Control

Parent
Equity €7.8m
Loss €667,733 in 2025 (profit €7.0m in 2024)
Checked score 90
100%
This company
VICTORCONSTRUCT
Equity €141,336
Loss €84,771 in 2025

Capital

Contribution
€250,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
50% until 2015
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 22-07-2024 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 2 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 10:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Enige vereffenaar of elke vereffenaar individueel bevoegd voor alle handelingen nodig of dienstig,benoemingsbesluit kan beperken,waar wet…”

Office holders in the KBO →

Network & group

Group

Global Merrill & Piedmont has 5 holdings (2025 accounts), the bar shows equity in euros
ParentGlobal Merrill & Piedmont5 holdings, 1 country 2025 accounts

Belgium 5 Equity Result

Source: list of holdings in the 2025 accounts of Global Merrill & Piedmont. Every holding stands with its own latest accounts.

Part of the group Global Merrill & Piedmont Group, risk and exposure

At the same address

Kapellestraat 117, 8020 Oostkamp · 51 other companies
GLOBALINDUS
registered office since 03-05-2006 · founded in 2006
turnover €6.4m (2025)
0879.020.730
GLOBAL NEXUS
registered office since 08-11-2006 · founded in 2006 · group Global Merrill & Piedmont
turnover €3.5m (2025)
0884.839.740
GLOBAL LIFE 4
registered office since 16-03-2016 · founded in 2016
total assets €33.1m (2025)
0649.988.090
Global Merrill & Piedmont
registered office since 18-12-2007 · founded in 2007
total assets €28.5m (2025)
0891.645.180
Global Bazadaise
registered office since 01-06-1951 · founded in 1951 · group Global Merrill & Piedmont
total assets €19.4m (2025)
0405.152.073
Global Brugge Station
registered office since 27-02-2023 · founded in 2023 · negative equity (2025) · group GLOBALINDUS
total assets €18.8m (2025)
0798.902.193
ABRAM
registered office since 02-10-1992 · founded in 1992 · negative equity (2025) · group Global Merrill & Piedmont
total assets €16.0m (2025)
0448.162.467
DEJAEGHER
registered office since 15-01-2002 · founded in 2000 · negative equity (2025) · group Global Merrill & Piedmont
total assets €13.6m (2025)
0473.415.626
Global Jordan & Freeman
registered office since 07-05-2013 · founded in 2013
turnover €8.2m (2025)
0533.955.306
GBS 11
registered office since 28-02-2023 · founded in 2023 · negative equity (2025) · group GLOBALINDUS
total assets €7.7m (2025)
0798.935.154
and 41 more

Connections & network

Depth

The network starts from the shareholders of VICTORCONSTRUCT. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2005

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0877817336
Annual accounts 2025 filed NBBabbreviated format · 15 days before the deadline
2025
Annual accounts 2024 filed PDFabbreviated format · 50 days before the deadline
2024
Weakest financial year net -€122,604 The net result drops to -€122,604, the lowest from 2006 to 2025. It recovers the following year.
Environmental permit granted OmgevingsloketBouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Slopen van niet vrijstaande gebouwen of constructies · Brugge
4 managers resigning, 4 directors reappointedResignations: BEKE Luc Sylvain Georges, WILMS Stany Alfred, COUCKE Francis and DEWULF Kathleen Clara · Reappointments: BEKE Luc Sylvain Georges (class A director), WILMS Stany Alfred (director), COUCKE Francis (director) and DEWULF Kathleen Clara (director) · General meeting of 28-06-202412 points ▸
  • General meeting, 28-06-2024
  • Director resignation, BEKE Luc Sylvain Georges (bestuurder,gewezen niet statutaire zaakvoerder)
  • Director resignation, WILMS Stany Alfred (bestuurder,gewezen niet statutaire zaakvoerder)
  • Director resignation, COUCKE Francis (bestuurder,gewezen niet statutaire zaakvoerder)
  • Director resignation, DEWULF Kathleen Clara (bestuurder,gewezen niet statutaire zaakvoerder)
  • Director reappointment, BEKE Luc Sylvain Georges (class A director)
  • Director reappointment, WILMS Stany Alfred (director (not named in the articles))
  • Director reappointment, COUCKE Francis (director (not named in the articles))
  • Director reappointment, DEWULF Kathleen Clara (director (not named in the articles))
  • Registered office clause, Kapellestraat 117, 8020 Oostkamp
  • Board meeting, 28-06-2024
  • Power of attorney, DEWULF Kathleen Clara
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 75 days before the deadline
2023
Environmental permit refused OmgevingsloketBomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Provincie West-Vlaanderen
Annual accounts 2022 filed PDFabbreviated format · 28 days before the deadline
2022
Back to profit net €147,454 The net result is €147,454, after one loss-making year.
4 directors reappointedBeke Luc, Coucke Francis, Wilms Stany and Dewulf Kathleen · General meeting of 30-06-20225 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 16 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 30 days before the deadline
2020
Highest result from 2006 to 2025 net €193,676 ▲343% The net result of €193,676 is the highest of those years.
Annual accounts 2019 filed PDFabbreviated format · 50 days before the deadline
2019
Back to profit net €43,704 The net result is €43,704, after 11 loss-making years.
Annual accounts 2018 filed PDFabbreviated format · 55 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 28 days before the deadline
2017
Liquidity more than quadruples current ratio 13.45 The current ratio rises from 3.25 to 13.45. Short-term debt falls from €208,291 to €50,803.
Annual accounts 2016 filed PDFabbreviated format · 39 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 41 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 27 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 30 days late
Annual accounts 2009 filed PDFabbreviated format · 535 days late
Annual accounts 2010 filed PDFabbreviated format · 170 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 28 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 29 days late
2007
Back to profit net €97,736 The net result is €97,736, after one loss-making year.
Annual accounts 2006 filed PDFabbreviated format · 31 days late
2006
First establishment Kapellestraat 117, Oostkamp
2005
Incorporation PDFpublished on 21-12-2005

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 9 December 2005, VICTORCONSTRUCT was incorporated.1 Total assets went from €686,943 in 2018 to €2.2m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0877.817.336
VAT number
BE 0877.817.336
Peppol ID
0208:0877817336
Legal form
Private limited company
Status
Active, normal situation
Founded
09-12-2005
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 10:00
deed of 22-07-2024 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VICTORCONSTRUCT in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
41102 Construction of residential and non-residential buildings
Codes under NACEBEL 2003
70111 main activity
70112
70113

Registered office and establishments

1 establishment
Establishment Since Unit number
Kapellestraat 117 registered office 8020 Oostkamp 02-01-2006 2.150.884.631

Buildings and parcels at the address

Ground area
10.4 ha
Buildings
312 m²
Volume, LiDAR
2,521 m³
Tallest building
28.8 m
Buildings to scale, each on its own parcel
312 m², 28.8 m 312 m², 28.8 m

Environmental permits

2 applications in Flanders since 2022 · 1 granted · 1 refused
20-12-2024 Granted Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Slopen van niet vrijstaande gebouwen of constructies submitted 28-06-2024 · project 2024058888 Brugge
21-09-2023 Refused Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen; Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 30-06-2022 · project 2022071274 Provincie West-Vlaanderen

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
52 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31403F0109/00G00010.4 ha 1 · 312 m² 28.8 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 0877.817.336