VIK CONSTRUCT
ActiveThe file of VIK CONSTRUCT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.9% (moderate). The 2024 annual accounts show equity of €19k and a net result of €-8k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 9981 sector peers (fiscal year 2024).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▼-16
Solvency34▼-14
Growth52=
Track record79
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.48 against 1.0 in 2023; short-term debt: 26.4% and cash: 2.9% of total assets), and 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.9%
Return on assets
-4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
1 d late
2022
2 d early
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€19k▼ 31.0%
2023 · €27k
2021: €16k
2022: €17k
2023: €27k
2021 → 2024
Total assets
€209k▲ 80.2%
2023 · €116k
2021: €36k
2022: €109k
2023: €116k
2021 → 2024
Net result
€-8k
2023 · €10k
2021: €11k
2022: €516
2023: €10k
2021 → 2024
Working capital
€26k
2023 · €-174
2021: €16k
2022: €-12k
2023: €-174
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€16k-€17k▲ 3.2%€27k▲ 60.5%€19k▼ 31.0%
Operating result€11k-€3k▼ 69.3%€13k▲ 284%€-8k
Net result€11k-€516▼ 95.4%€10k▲ 1,873%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €13k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209k
Fixed assets
€127k▲ 95.1%
Current assets
€81k▲ 61.0%
Equity and liabilities €209k
Equity
€19k▼ 31.0%
Debt
€190k▲ 114%
The debt ratio rises from 76.7% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▼
2023 · €26k
Cash flow
€17k▼
2023 · €23k
Solvency
8.9%▼
2023 · 23.3%
Current ratio
1.48▲
2023 · 1.00
Quick ratio
1.48▲
2023 · 1.00
Debt / equity
10.19▲
2023 · 3.29
ROE
-44.8%▼
2023 · 37.7%
ROA
-4.0%▼
2023 · 8.8%
Interest coverage
35.01▲
2023 · 8.05
Debt
€190k▲
2023 · €89k
Debt ≤ 1 year
€55k▲
2023 · €51k
Debt > 1 year
€135k▲
2023 · €38k
Staff costs
€66▼
2023 · €720
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€116k€209k▲
Fixed assets21/28€65k€127k▲
Tangible fixed assets22/27€65k€118k▲
Furniture and vehicles24€65k€118k▲
Financial fixed assets28-€9k
Current assets29/58€51k€81k▲
Amounts receivable after more than one year29-€5k
Other amounts receivable291-€5k
Amounts receivable within one year40/41€45k€69k▲
Trade receivables40€3k-
Other amounts receivable41€42k€69k▲
Cash at bank and in hand54/58€6k€6k▲
Deferred charges and accrued income490/1€234€1k▲
Equity and liabilities
Total equity and liabilities10/49€116k€209k▲
Equity10/15€27k€19k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€22k€14k▼
Amounts payable17/49€89k€190k▲
Amounts payable after more than one year17€38k€135k▲
Financial debts170/4€38k€135k▲
Amounts payable within one year42/48€51k€55k▲
Current portion of amounts payable after more than one year42€7k-
Financial debts43-€2k
Other loans439-€2k
Trade debts44€33k€33k▲
Suppliers440/4€33k€33k▲
Taxes, remuneration and social security45€11k€20k▲
Taxes450/3€11k€11k▲
Remuneration and social security454/9-€8k
Income statement
Code20232024
Remuneration, social security and pensions62€720€66▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€26k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€30k€23k▼
Operating profit (loss)9901€13k€-8k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€511▼
Recurring financial charges65€3k€511▼
Profit (loss) for the period before taxes9903€10k€-8k▼
Profit (loss) for the period9904€10k€-8k▼
Profit (loss) for the period to be appropriated9905€10k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€14k▼
Profit (loss) brought forward from the previous period14P€12k€22k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
08-07
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · VIK CONSTRUCT BV MUTSAARDPLEIN 2, 1853. GRIMBERGEN · event 27-06-2025
10-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · VIK CONSTRUCT BV MUTS- AARDPLEIN 2, 1853. GRIMBERGEN · event 03-06-2025
2024
31-12
Financial
Weakest financial yearnet €-8k ▼182%
Net result drops to €-8k, the lowest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-10-2025
Resigned as Director
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Mutsaardplein 21853 GrimbergenGround area
1,651 m²
Building footprint
659 m²
Volume, LiDAR
9,295 m³
2 parcels, Brussels, Flanders · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VIK CONSTRUCT
since 20212.335.671.215
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0399/00M025 | Flanders | 1,424 m² | 1 · 561 m² | 22.0 m · 5 fl. |
| 21464E0001/00C018 | Brussels | 227 m² | 1 · 98 m² | 15.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTHONY HOUTHOOFD ERNEST ALLARDSTRAAT 45,
1000 BRUSSEL 1 |
03-06-2025 → present |
Structure & network
Connections & network
25 connected companiesNetwork connections
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Similar companies · same sector, comparable size
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Schaarbeek · Eq €19k
AQUA-FLO
BE 0668.793.224
Braine-l'Alleud · Eq €19k
CSM SOLUTION
BE 0745.345.822
Zaventem · Eq €19k
BOUWBEDRIJF MOORS
BE 0473.753.443
Dessel · Eq €19k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 11,361 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
49410Freight transport by road
43240Other construction installation
43299Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
52250Logistics services
52290Warehousing and support activities for transportation
53100Postal and courier activities
53200Other postal and courier activities
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vadimabir@gmail.com