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VIJVENS CONSTRUCT

Active
Private limited companyfounded 20224 yrs activeKwadestraat 155, 8800 Roeselare, BelgiumKBO/BCE: BE 0785.561.230
Summary

VIJVENS CONSTRUCT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,346 and a net result of €1.4m. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 22% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+78
Solvency29▲+3
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.01 in 2024; short-term debt: 96.4% and cash: 2.9% of total assets), and 96.5% of the assets are financed with debt.
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Signals

Five 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025
Solvency, return and age of the figures
Solvency
3.5%
Return on assets
41.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9336 sector peers (2025).
NBB · sector comparison
Position among 9336 sector peers
Solvency
better than 22%
← weakest strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
23 d early
2024
29 d early
2023
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 8 July (3 of the last 3 filed years within 50 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VIJVENS CONSTRUCT was incorporated on 29 April 2022 as a Private limited company.1 Total assets rose from EUR 1.3 million in 2023 to EUR 3.5 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€122,346▲ 135%
2024 · €51,972
Total assets
€3.5m▼ 54.2%
2024 · €7.6m
Net result
€1.4m
2024 · -€40,644
Working capital
€125,121▲ 122%
2024 · €56,311
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€13,361-€42,418▲ 217%€1.7m▲ 3,842%
Net result-€27,383below the sector's middle half--€40,644below the sector's middle half▼ 48.4%€1.4mabove the sector's middle half
Equity€92,617within the sector's middle half-€51,972below the sector's middle half▼ 43.9%€122,346within the sector's middle half▲ 135%
Total assets€1.3mwithin the sector's middle half-€7.6mabove the sector's middle half▲ 491%€3.5mwithin the sector's middle half▼ 54.2%
Debt€1.2m-€7.5m▲ 533%€3.3m▼ 55.5%
Working capital€96,342within the sector's middle half-€56,311within the sector's middle half▼ 41.6%€125,121within the sector's middle half▲ 122%
Solvency7.2%below the sector's middle half-0.7%below the sector's middle half▼ 6.5pp3.5%below the sector's middle half▲ 2.8pp
Current ratio1.08within the sector's middle half-1.01within the sector's middle half▼ 0.071.04within the sector's middle half▲ 0.03
Return on assets (ROA)-2.1%below the sector's middle half--0.5%within the sector's middle half▲ 1.6pp41.7%above the sector's middle half▲ 42.2pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2023: €13,361€13,361Net result 2023: -€27,383-€27,383Operating result 2024: €42,418€42,418Net result 2024: -€40,644-€40,644Operating result 2025: €1.7m€1.7mNet result 2025: €1.4m€1.4m202320242025-€500,000€0€500,000€1m€1.5mOperating result 2023: €13,361€13,400Net result 2023: -€27,383-€27,400Operating result 2024: €42,418€42,400Net result 2024: -€40,644-€40,600Operating result 2025: €1.7m€1.7mNet result 2025: €1.4m€1.4m202320242025
The operating result has risen two years in a row; 2025 is 3,842% 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 €3.5m
Equity €122,346 ▲ 135%
Debt €3.3m ▼ 55.5%
Debt's share of the balance-sheet total falls from 99.3% to 96.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.05▼
2024 · 0.24
Debt to equity
27.34
Debt ≤ 1 year
€3.3m▼
2024 · €7.5m
Income taxes
€167,200
A ratio outside any meaningful range has been withheld (balance sheet total €3.5m, equity €122,346).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.9% went bankrupt
1.4% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€7.6m€3.5m▼
Current assets29/58€7.6m€3.5m▼
Stocks and contracts in progress3€5.7m€3.3m▼
Stocks30/36€5.7m€3.3m▼
Amounts receivable within one year40/41€358,693€56,446▼
Trade receivables40€358,693€45,623▼
Other amounts receivable41€0€10,823▲
Cash at bank and in hand54/58€1.5m€100,922▼
Deferred charges and accrued income490/1€6,016€1,158▼
Equity and liabilities
Total equity and liabilities10/49€7.6m€3.5m▼
Equity10/15€51,972€122,346▲
Contributions10/11€120,000€120,000=
Reserves13-€2,346
Distributable reserves133-€2,346
Profit (loss) carried forward14-€68,028€0▲
Amounts payable17/49€7.5m€3.3m▼
Amounts payable within one year42/48€7.5m€3.3m▼
Financial debts43€267,275€551,632▲
Credit institutions430/8€267,275€551,632▲
Trade debts44€626,795€240,724▼
Suppliers440/4€626,795€240,724▼
Advances received on contracts in progress46€5.0m€0▼
Taxes, remuneration and social security45€222,319€2,200▼
Taxes450/3€222,319€2,200▼
Other amounts payable47/48€1.4m€2.5m▲
Accrued charges and deferred income492/3€4,339€2,775▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€23,793€263▼
Non-recurring operating charges66A€314€0▼
Gross operating margin9900€66,524€1.7m▲
Operating profit (loss)9901€42,418€1.7m▲
Financial income75/76B€7,873€20,361▲
Recurring financial income75€7,873€20,361▲
Financial charges65/66B€90,935€79,804▼
Recurring financial charges65€90,935€79,804▼
Profit (loss) for the period before taxes9903-€40,644€1.6m▲
Income taxes67/77-€167,200
Profit (loss) for the period9904-€40,644€1.4m▲
Profit (loss) for the period to be appropriated9905-€40,644€1.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€68,028€1.4m▲
Profit (loss) brought forward from the previous period14P-€27,383-€68,028▼
Transfer to equity691/2-€2,346
To other reserves6921-€2,346
Profit to be distributed694/7-€1.4m
Return on contributions (dividend)694-€495,000
Directors or managers695-€880,000
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,352€0--
Other operating charges640/8€1,232€23,793€263▼ 98.9%
Non-recurring operating charges66A-€314€0▼ 100%
Gross operating margin9900€16,945€66,524€1.7m▲ 2,414%
Operating profit (loss)9901€13,361€42,418€1.7m▲ 3,842%
Financial income75/76B-€7,873€20,361▲ 159%
Recurring financial income75-€7,873€20,361▲ 159%
Financial charges65/66B€40,744€90,935€79,804▼ 12.2%
Recurring financial charges65€40,744€90,935€79,804▼ 12.2%
Profit (loss) for the period before taxes9903-€27,383-€40,644€1.6m▲ 4,068%
Income taxes67/77--€167,200-
Profit (loss) for the period9904-€27,383-€40,644€1.4m▲ 3,656%
Profit (loss) for the period to be appropriated9905-€27,383-€40,644€1.4m▲ 3,656%
Line202320242025Change
Assets
Total assets20/58€1.3m€7.6m€3.5m▼ 54.2%
Current assets29/58€1.3m€7.6m€3.5m▼ 54.2%
Stocks and contracts in progress3€1.2m€5.7m€3.3m▼ 42.4%
Stocks30/36€1.2m€5.7m€3.3m▼ 42.4%
Amounts receivable within one year40/41€22,224€358,693€56,446▼ 84.3%
Trade receivables40-€358,693€45,623▼ 87.3%
Other amounts receivable41€22,224€0€10,823-
Cash at bank and in hand54/58€23,943€1.5m€100,922▼ 93.1%
Deferred charges and accrued income490/1-€6,016€1,158▼ 80.8%
Equity and liabilities
Total equity and liabilities10/49€1.3m€7.6m€3.5m▼ 54.2%
Equity10/15€92,617€51,972€122,346▲ 135%
Contributions10/11€120,000€120,000€120,000=
Reserves13--€2,346-
Distributable reserves133--€2,346-
Profit (loss) carried forward14-€27,383-€68,028€0▲ 100%
Amounts payable17/49€1.2m€7.5m€3.3m▼ 55.5%
Amounts payable within one year42/48€1.2m€7.5m€3.3m▼ 55.5%
Financial debts43-€267,275€551,632▲ 106%
Credit institutions430/8-€267,275€551,632▲ 106%
Trade debts44€221,079€626,795€240,724▼ 61.6%
Suppliers440/4€221,079€626,795€240,724▼ 61.6%
Advances received on contracts in progress46-€5.0m€0▼ 100%
Taxes, remuneration and social security45-€222,319€2,200▼ 99.0%
Taxes450/3-€222,319€2,200▼ 99.0%
Other amounts payable47/48€962,970€1.4m€2.5m▲ 82.9%
Accrued charges and deferred income492/3€3,725€4,339€2,775▼ 36.1%
Line202320242025Change
Profit (loss) for the period9904-€27,383-€40,644€1.4m▲ 3,656%
+ Depreciation and write-downs630€2,352€0--
Operating cash flow (approximation)-€25,031-€40,644€1.4m▲ 3,656%
Change in cash-€1.4m-€1.4m▼ 195%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €1.4m
Net result €1.4m after 2 loss-making years.
31-12
Financial Equity above €100,000Eq €122,346 ▲135%
Equity rises from €51,972 to €122,346.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€40,644
Net result drops to -€40,644, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Roeselare · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
7,646 m²
Building footprint
828 m²
Volume, LiDAR
6 m³
Parcel 36017A1278/00X003, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
129 companies at this address See who is registered here
1 establishment unit
VIJVENS CONSTRUCT
Kwadestraat 155, 8800 RoeselareReal estate development
since 20222.332.709.052
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36017A1278/00X003 Flanders 7,646 m² 1 · 828 m² 0.6 m
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.

Structure & network

Owners and holdings

3 owners

Owners 3

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 5,351 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
Founded29-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0785561230
Also 9925:BE0785561230
Registered 13-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.