VIF IMMO-CONSTRUCT
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
VIF IMMO-CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,366 and a net result of €89,427. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 13-10-2025 Normal situation
- Legal form
- Private limited company
- Registered office
- Quartier Claessens 4, 7170 Manage
- Activity
- “Tous achats et ventes de biens immobiliers tant pour elle-même que pour compte de…” (deed in French)From the articles, 22 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.384.638.694 7170 Manage, since 13-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 24-01-2026
Board and ownership
Board
- GARGANO IdaDirector
- MIGNONE Fabrizio ErbertoDirector
- MIGNONE VincenzoDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €144,057
- Turnover
- ≈ €360,000
- estimated
- Profit
- €89,427
- Equity
- €286,366
- Total assets
- €336,849
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownlowers riskSize: total assets €336,849Liquidity: current ratio 2.95, cash €148,370No main activity registeredEquity €286,366 (85.0% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of micro companies without a NACE code
Financial strength
Strong
Solvency
100
equity 85.0% of total assets
Liquidity
97
short-term debt 14.9% · cash 44.0%
Profitability
100
return on assets 26.5%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €25,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.95, above the usual 1.5. Short-term debt is 14.9% and cash 44% of total assets. 15% of the assets are financed with debt and provisions.
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 (no NACE code, micro). It does better than 81% of them on solvency, 88% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Financials · financial year 2025, micro format
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, 2026-00484472.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- micro format
- Reference
- 2026-00484472
Turnover
≈ €360,000
Estimated: probably between €240,000 and €560,000
Total assets
€336,849
Net result
€89,427
Working capital
€98,064
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €336,849
Fixed assets
€188,479
Current assets
€148,370
Equity and liabilities €336,849
Equity
€286,366
Provisions
€177
Debt
€50,306
Debt's share of the balance-sheet total is 14.9%.
Key figures and ratios
EBITDA
€142,764
Cash flow
€98,287
Current ratio
2.95
Debt to equity
0.18
ROE
31.2%
ROA
26.5%
Interest coverage
over 100
Debt ≤ 1 year
€50,306
Income taxes
€44,670
Companies with the same profile, two years later
Historical observationIn July 2024, 11,279 companies had the same profile as VIF IMMO-CONSTRUCT has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.6%
stopped otherwise
96.6%
was still going
That fits the bankruptcy probability of VIF IMMO-CONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 11,279 companies, not a prediction for VIF IMMO-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.
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,860 |
| Other operating charges640/8 | €1,294 |
| Gross operating margin9900 | €144,057 |
| Operating profit (loss)9901 | €133,904 |
| Financial income75/76B | €215 |
| Recurring financial income75 | €215 |
| Financial charges65/66B | €30 |
| Recurring financial charges65 | €30 |
| Profit (loss) for the period before taxes9903 | €134,088 |
| Transfer from deferred taxes780 | €9 |
| Income taxes67/77 | €44,670 |
| Profit (loss) for the period9904 | €89,427 |
| Profit (loss) for the period to be appropriated9905 | €89,427 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €336,849 | |
| Fixed assets21/28 | €188,479 | |
| Tangible fixed assets22/27 | €188,479 | |
| Land and buildings22 | €169,706 | |
| Plant, machinery and equipment23 | €18,773 | |
| Current assets29/58 | €148,370 | |
| Cash at bank and in hand54/58 | €148,370 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €336,849 | |
| Equity10/15 | €286,366 | |
| Contributions10/11 | €4,032 | |
| Reserves13 | €193,992 | |
| Tax-exempt reserves132 | €104,162 | |
| Distributable reserves133 | €89,830 | |
| Profit (loss) carried forward14 | €84,264 | |
| Investment grants15 | €4,077 | |
| Provisions and deferred taxes16 | €177 | |
| Deferred taxes168 | €177 | |
| Amounts payable17/49 | €50,306 | |
| Amounts payable within one year42/48 | €50,306 | |
| Trade debts44 | €5,636 | |
| Suppliers440/4 | €5,636 | |
| Taxes, remuneration and social security45 | €44,670 | |
| Taxes450/3 | €44,670 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €89,427 |
| + Depreciation and write-downs630 | €8,860 |
| Operating cash flow (approximation) | €98,287 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00484472 | NBB |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, no change since 2025
GARGANO Ida
Current
Director (not named in the articles) · appointed in the act of 24-10-2025 · listed in the 2025 annual accounts, filed on 31-08-2026
MIGNONE Fabrizio Erberto
Current
Director (not named in the articles) · appointed in the act of 24-10-2025 · listed in the 2025 annual accounts, filed on 31-08-2026
MIGNONE Vincenzo
Current
Director (not named in the articles) · appointed in the act of 24-10-2025 · listed in the 2025 annual accounts, filed on 31-08-2026
Mandate history
3 people, 3 in office
- Board
| Name | Functions and periods |
|---|---|
| GARGANO Ida |
|
| MIGNONE Fabrizio Erberto |
|
| MIGNONE Vincenzo |
|
The board according to the articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- One provision in the deed
- Power of attorneyA power of attorney lets someone perform specific acts on the company's behalf.
- One provision in the deed
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Décision assemblée générale délibérant formes prévues pour modifications aux statuts, en tout temps”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 24-10-2025 (in French)
Owners and capital
Capital transactions
Shareholders according to the deeds
At incorporation
act of 24-10-2025 ↗
- GARGANO Ida 1,800 shares
- MIGNONE Vincenzo 450 shares
- MIGNONE Fabrizio Erberto 450 shares
Capital over time
- 24-10-2025 Incorporation · €4,031.78 · 1,800 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominative, registre des titres nominatifs tenu au siège”2 more provisions on this in the deed
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 24-10-2025 (in French)
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
LM PROJECT
via MIGNONE Vincenzo · Director (not named in the articles)
→
former→
History
Acts, filings and financial milestones
2026
31-08
financial year 2025 · micro format · 31 days late
2025
24-10
Gazette deed
IncorporationAppointments: GARGANO Ida, MIGNONE Fabrizio Erberto and MIGNONE Vincenzo · Demerger · Shareholding57 points ▸
Gazette deed
Incorporation
Appointments: GARGANO Ida, MIGNONE Fabrizio Erberto and MIGNONE Vincenzo · Demerger · Shareholding57 points ▸
- Demerger, “actions nouvelles société bénéficiaire, apports disponibles” (deed in French)
- GARGANO Ida is a shareholder, mentioned 2 times in the deed
- MIGNONE Vincenzo is a shareholder, mentioned 2 times in the deed
- MIGNONE Fabrizio Erberto is a shareholder, mentioned 2 times in the deed
- Other provision, “soulte en espèces ou autrement” (deed in French), mentioned 2 times in the deed
- Capital, €62,000
- Capital contribution, €197,153.10
- Share issue, 1800, “émission” (deed in French)
- Demerger, “1 action ENTREPRISES M.I.G.N.O.N.E. donne droit à 1 action VIF IMMO-CONSTRUCT avec conservation action existante”, 1/1 (deed in French)
- Accounting effect, 01-01-2025
- Other provision, “droits spéciaux et autres titres” (deed in French)
- Other provision, “émoluments rapport article 12:78 CSA, attribution proportionnelle” (deed in French)
- The act holds 45 more points.
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordName
VIF IMMO-CONSTRUCT in French
Enterprise number
1029.042.811
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-10-2025
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-10-2025 (in French)Name clauseThe company operates under this name according to its articles.
One provision in the deed
deed of 24-10-2025 (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.
“Région wallonne, partout ailleurs en Belgique par simple décision de l'organe d'administration”
deed of 24-10-2025 (in French)Registered office and establishments
Registered office
Quartier Claessens 4, 7170 Manage, Belgium
Establishments
1 establishment unit since 2025
Activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 24-10-2025 (in French)
“Tous achats et ventes de biens immobiliers tant pour elle-même que pour compte de tiers; La location de tous biens meubles et immeubles…”
22 activities
- Tous achats et ventes de biens immobiliers tant pour elle-même que pour compte de tiers
- La location de tous biens meubles et immeubles
- Toutes études,réalisations,promotions immobilières,ainsi que la coordination générale de toute sous-traitance du bâtiment
- Toutes réalisation et toutes participations à la réalisation de complexes immobiliers,résidentiels,commerciaux,industriels ou mixtes
- La vente à départements multiples
- Toutes opérations se rapportant à l'industrie de la construction,l'achat,l'importation,la vente et le transport de tous matériaux et marchandises
- La construction,la réparation,la rénovation et l'entretien de tous bâtiments et la réalisation de tous travaux généralement quelconques tant pour les administrations que pour les particuliers
- L'achat,l'importation,la fabrication,la transformation et la vente du bois et de tous objets mobiliers
- Le commerce sous toutes ses formes de la construction industrialisée
- Tant en Belgique qu'à l'étranger la gestion dans la plus large acceptation du terme de son patrimoine mobilier et immobilier,plus précisément sa mise en location,sa vente et son entretien
- Toutes activités liées aux conseils techniques,l'installation de systèmes électriques industriels,domestiques ou autres ainsi que la réparation,l'entretien,desdits systèmes et de tous appareils électriques,de tous systèmes et tous appareils domotiques et d'alarmes
- La vente l'importation et l'exportation de systèmes et matériels électriques,de domotiques et d'alarmes
- L'installation,l'achat,la vente,l'importation et l'exportation de tous appareils et matériels de ventilation et climatisation
- L'installation,la vente,l'achat,l'importation et l'exportation de tous appareils et matériels informatiques
- Le consulting en matière commerciale,relation humaine,organisationnelle,la mise en relation commerciale et technique
- L'import-export de toutes marchandises diverses à l'exclusion des produits réglementés
- L'importation,la vente en gros et en détail,l'exportation,la représentation de véhicules à moteur,neufs et d'occasion,de pièces de rechanges,d'accessoires,de carburants,de lubrifiants,de pneumatiques et de tous accessoires et produits se rapportant directement ou indirectement au commerce de véhicules à moteur,atelier de réparation de véhicules à moteur,atelier de carrosserie
- La location de tous véhicules à moteur
- Toute opération généralement quelconque,comme industrielle,financière,mobilière ou immobilière,ayant un rapport direct ou indirect avec son objet ou qui serait de nature à en faciliter la réalisation
- Prendre ou donner à bail,aliéner tous les immeubles,fonds de commerce,acquéreur,créer,céder tous les brevets,concessions,licences,marques de fabriques
- Toutes les opération généralement quelconques,commerciale,industrielle,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet
- S'intéresser par toutes voies dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue,similaire ou connexe,ou qui sont de nature à favoriser le développement de son entreprise à lui procurer des matières premières ou à faciliter l'écoulement de ses produits ou services
Invoicing and payment
VAT number
BE 1029.042.811
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
The scores and ratios are Checked's own calculations, not a credit decision.
Sites & property
Location
1 establishment unit
VIF IMMO-CONSTRUCT
since 2025unit number 2.384.638.694
Buildings and parcels at the addresses
Ground area
5,800 m²
Building footprint
1,118 m²
Building volume
6,549 m³
2 parcels, Wallonia · tallest building 7.3 m.
2 parcels
Wallonia
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52043F0399/00G000 | Wallonia | 5,360 m² | 1 · 1,024 m² | 7.3 m · 2 |
| 52035B0368/00F000 | Wallonia | 440 m² | 1 · 94 m² | - |