Equity
VIDEAS CONSTRUCT has made a profit in every financial year since 2021.
VIDEAS CONSTRUCT has made a profit in every financial year since 2021.
Green is investment, beige is depreciation. Machinery stands 61.4% higher than in 2024.
In 2025, 1 person joined and 0 left.
Short-term debts fell from €148,557 to €36,689.
The 2022 accounts came latest: 31 days after the end of the period.
A director left. Latest change 31-03-2026 · 1 in office.
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 52% of them on solvency, 45% on liquidity, 40% on profitability and 44% on growth.
The bankruptcy probability was computed on 05-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 10,904 companies had the same profile as VIDEAS CONSTRUCT has now. Each dot stands for 28 companies, two years later.
That fits the bankruptcy probability of VIDEAS CONSTRUCT itself: 0.6% within 12 months.
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.
| 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 10,904 companies, not a prediction for VIDEAS 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.
Liquidity is ample, with a current ratio of 1.93 (1.23 in 2024), above the usual 1.5. Short-term debt is 31% and cash 11.1% of total assets. However, 52% of the assets are financed with debt and provisions.
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.
The company filed its last 5 accounts on average 12 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| VIDEAS CONSTRUCT Jette | €118,448 | €22,334 | 48.0% | - |
| CARA HOUSE Anderlecht | €113,018 | €22,315 | 54.2% | - |
| LES FRERES BRAIBANT Forest | €107,990 | €25,389 | 35.8% | - |
| EDIV Brussels | €139,364 | €23,612 | 70.5% | - |
| BATITHERM Schaerbeek | €134,897 | €27,903 | 83.3% | - |
| Krys Construct Ixelles | €143,840 | €25,462 | 18.2% | - |
| STEELS ZANDER Halle | €114,849 | €22,909 | 21.3% | - |
These companies have the same main activity as VIDEAS CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €108,000 and €144,000, founded between 2013 and 2015.
VIDEAS CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €26,748 in 2021 to €22,334 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €160,000 and €590,000.
Higher than 51% of 35,060 companies in 2025.
Higher than 53% of 34,437 companies in 2025.
Higher than 31% of 34,637 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
Total assets20/58 |
118,448 | 203,297 | 97,093 | 107,481 | 111,480 | |
Fixed assets21/28 |
47,631 | 20,717 | 26,288 | 34,589 | 36,240 | |
Tangible fixed assets22/27 |
39,741 | 12,827 | 18,398 | 26,699 | 35,190 | |
Plant, machinery and equipment23 |
1,681 | 1,042 | - | 170 | 530 | |
Furniture and vehicles24 |
38,061 | 11,786 | 18,398 | 26,529 | 34,661 | |
Financial fixed assets28 |
7,890 | 7,890 | 7,890 | 7,890 | 1,050 | |
Current assets29/58 |
70,817 | 182,579 | 70,806 | 72,892 | 75,240 | |
Amounts receivable within one year40/41 |
48,601 | 144,993 | 61,479 | 23,853 | 48,184 | |
Trade receivables40 |
33,677 | 141,117 | 58,284 | 22,652 | 42,941 | |
Other amounts receivable41 |
14,925 | 3,876 | 3,195 | 1,201 | 5,243 | |
Cash at bank and in hand54/58 |
13,089 | 35,640 | 4,987 | 46,560 | 25,196 | |
Deferred charges and accrued income490/1 |
9,127 | 1,946 | 4,340 | 2,479 | 1,860 | |
| Balance sheet: equity and liabilities | ||||||
Total equity and liabilities10/49 |
118,448 | 203,297 | 97,093 | 107,481 | 111,480 | |
Equity10/15 |
56,821 | 54,739 | 51,828 | 49,510 | 46,332 | |
Contributions10/11 |
500 | 500 | 500 | 500 | 500 | |
Reserves13 |
28,038 | 25,956 | 23,045 | 20,727 | 17,549 | |
Distributable reserves133 |
28,038 | 25,956 | 23,045 | 20,727 | 17,549 | |
Profit (loss) carried forward14 |
28,283 | 28,283 | 28,283 | 28,283 | 28,283 | |
Amounts payable17/49 |
61,627 | 148,557 | 45,266 | 57,972 | 65,148 | |
Amounts payable after more than one year17 |
24,938 | - | 3,397 | 7,034 | 10,601 | |
Financial debts170/4 |
24,938 | - | 3,397 | 7,034 | 10,601 | |
Amounts payable within one year42/48 |
36,689 | 148,557 | 41,868 | 50,937 | 54,547 | |
Current portion of amounts payable after more than one year42 |
5,809 | - | - | - | - | |
Financial debts43 |
- | 3,397 | 3,637 | 3,567 | 3,498 | |
Credit institutions430/8 |
- | 3,397 | 3,637 | 3,567 | 3,498 | |
Trade debts44 |
16,653 | 119,651 | 21,100 | 33,922 | 37,837 | |
Suppliers440/4 |
16,653 | 119,651 | 21,100 | 33,922 | 37,837 | |
Taxes, remuneration and social security45 |
4,925 | 7,523 | 4,891 | 2,614 | 7,018 | |
Taxes450/3 |
4,112 | 3,223 | 4,891 | 2,108 | 5,871 | |
Remuneration and social security454/9 |
813 | 4,300 | - | 506 | 1,147 | |
Other amounts payable47/48 |
9,302 | 17,986 | 12,241 | 10,834 | 6,195 | |
| Income statement | ||||||
Non-recurring operating income76A |
- | - | - | - | 3,719 | |
Gross operating margin9900 |
22,334 | 14,917 | 13,557 | 15,328 | 26,748 | |
Remuneration, social security and pensions62 |
6,671 | - | - | - | 8,829 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
8,982 | 8,396 | 8,302 | 8,491 | 5,240 | |
Other operating charges640/8 |
2,786 | 2,089 | 863 | 1,213 | 1,279 | |
Operating profit (loss)9901 |
3,895 | 4,432 | 4,392 | 5,624 | 11,400 | |
Financial income75/76B |
10 | 3 | - | 50 | 0 | |
Recurring financial income75 |
10 | 3 | - | 50 | 0 | |
Financial charges65/66B |
835 | 288 | 343 | 388 | 532 | |
Recurring financial charges65 |
835 | 288 | 343 | 388 | 532 | |
Profit (loss) for the period before taxes9903 |
3,070 | 4,147 | 4,049 | 5,286 | 10,868 | |
Income taxes67/77 |
988 | 1,236 | 1,731 | 2,108 | 3,565 | |
Profit (loss) for the period9904 |
2,082 | 2,912 | 2,318 | 3,178 | 7,303 | |
Profit (loss) for the period to be appropriated9905 |
2,082 | 2,912 | 2,318 | 3,178 | 7,303 | |
| Appropriation of the result | ||||||
Profit (loss) to be appropriated9906 |
30,365 | 31,195 | 30,601 | 31,461 | 35,586 | |
Profit (loss) brought forward from the previous period14P |
28,283 | 28,283 | 28,283 | 28,283 | 28,283 | |
Transfer to equity691/2 |
2,082 | 2,912 | 2,318 | 3,178 | 7,303 | |
To other reserves6921 |
2,082 | 2,912 | 2,318 | 3,178 | 7,303 | |
| Social balance sheet | ||||||
Average staff (FTE)9087 |
0.3 | - | - | - | 0.4 | |
Hours worked1013 |
479 | - | - | - | 510 | |
| Document | ||||||
The notes to these accounts have 7 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00483863.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00483863 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00362637 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00317175 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00393304 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20244319 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| EBITDA | 12,877 | 12,828 | 12,694 | 14,115 | 16,640 | |
| Cash flow | 11,064 | 11,307 | 10,619 | 11,669 | 12,543 | |
| Investment in fixed assets (approximation) | 35,896 | 2,825 | 0 | 6,840 | 22,062 | |
| Change in cash | -22,552 | 30,653 | -41,573 | 21,364 | - | |
| Working capital | 34,128 | 34,022 | 28,937 | 21,955 | 20,693 | |
| Solvency | 48.0% | 26.9% | 53.4% | 46.1% | 41.6% | |
| Current ratio | 1.93 | 1.23 | 1.69 | 1.43 | 1.38 | |
| Debt to equity | 1.08 | 2.71 | 0.87 | 1.17 | 1.41 | |
| ROE | 3.7% | 5.3% | 4.5% | 6.4% | 15.8% | |
| ROA | 1.8% | 1.4% | 2.4% | 3.0% | 6.6% | |
| Interest coverage | 15.43 | 44.61 | 36.97 | 36.36 | 31.28 |
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.
| Item | 31-12-2025 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | 1 | - |
| full-time | 1 | - |
| in full-time equivalents | 1 | - |
| Average over the year, in full-time equivalents | 0.3 | 0.3 |
| Joined | 1 | 0 |
| Left | 0 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €35,896 | €2,825 | - | - | €22,062 |
| Financial fixed assets | - | - | - | €6,840 | - |
| Depreciation and write-downs of the year | €8,982 | €8,396 | €8,302 | €8,491 | €5,240 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 12% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 73.1% to 52.0%. Equity is higher and debt is lower.
VIDEAS CONSTRUCT has no parent and no holdings in its annual accounts. BUDEAC Stanislav is the only director. VIDEAS CONSTRUCT shares no director with another company.
| GT VOLTS
registered office since 20-08-2026 |
founded in 2026 1041.509.289 |
| Grygorczuk, Tomasz (sole trader)
establishment since 17-10-2025 |
founded in 2025 1029.325.792 |
| Budeac, Stanislav (sole trader)
establishment since 24-06-2024 |
founded in 2024 0832.248.419 |
| Association des copropriétaires de l'immeuble sis rue Valère Broekaert 55 à Jette
registered office since 24-08-2010 |
founded in 2010 0831.183.496 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Vidéas construct registered office Valère Broekaertstraat 55, 1090 Jette | 13-03-2014 | 2.230.200.244 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21010B0013/00P004 | 186 m² | 1 · 103 m² | 12.7 m · 3 |
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 0547.904.005
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