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VILANOVA CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsGraaf Jansdijk 471, 8300 Knokke-Heist, Belgium15 active companies are registered at this addressKBO/BCE: BE 1005.049.464
Summary

VILANOVA CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€20,113) and a net result of -€18,829. Its solvency ranks better than 6% of 11,189 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€55,467total assets 2025
Equity
-€20,113
Loss
-€18,829
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Largest shareholder
BIS GROUP · 50%
2025 accounts 8 days early
Why 54raises riskCapped at 59: negative equityNegative equity -€20,1131 change of registered office in 24 monthslowers riskLiquidity: current ratio 32.08, cash €50,228Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0-23
equity -36.3% of total assets
Liquidity 100+43
short-term debt 3.1% · cash 90.6%
Profitability 0=
return on assets -33.9%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,613 companies, NACE 68, micro)
Last 24 months 02-2025: 1.1% 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▲ +0.3 percentage points vs 07-2025 09-2025: 1.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.9%▲ +0.1 percentage points vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 1.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▼ -1.1 percentage points vs 07-2026 09-2026: 0.8%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity ample (current ratio 32.08, compared with 40.35 in 2024, above the usual 1.5; short-term debt: 3.1% and cash: 90.6% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, micro): better than 5% on solvency, 98% on liquidity, 4% on profitability and 1% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity -€20,113
NBB · annual accounts
lowers risk · Liquidity: current ratio 32.08, cash €50,228
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€20,113
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 23-07-2026, 8 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
8 days early
2024
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 7 days before the deadline; the sector median (NACE 68) for financial year 2024 is 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.
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Registered officeRegistered-office move

Financials · financial year 2025, abbreviated format

Equity
-€20,113▼ 1,466%
2024 · -€1,284
Total assets
€55,467▼ 8.9%
2024 · €60,886
Net result
-€18,829▼ 66.9%
2024 · -€11,284
Working capital
€53,738▲ 34.8%
2024 · €39,873
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €16,094 in 2025 against €10,088 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€16,094 2025 Net result-€18,829 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€10,088--€16,094▼ 59.5%
Net result-€11,284within the sector's middle half--€18,829below the sector's middle half▼ 66.9%
Equity-€1,284below the sector's middle half--€20,113below the sector's middle half▼ 1,466%
Total assets€60,886below the sector's middle half-€55,467below the sector's middle half▼ 8.9%
Debt€62,170-€75,581▲ 21.6%
Working capital€39,873within the sector's middle half-€53,738within the sector's middle half▲ 34.8%
Solvency-2.1%below the sector's middle half--36.3%below the sector's middle half▼ 34.2pp
Current ratio40.35above the sector's middle half-32.08above the sector's middle half▼ 8.27
Return on assets (ROA)-18.5%below the sector's middle half--33.9%below the sector's middle half▼ 15.4pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Key figures and ratios
2025 value · change against 2024
Quick ratio
31.39▼
2024 · 40.35
Debt ≤ 1 year
€1,729▲
2024 · €1,013
Debt > 1 year
€73,852▲
2024 · €61,157
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,639 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€60,886€55,467▼
Fixed assets21/28€20,000-
Financial fixed assets28€20,000-
Current assets29/58€40,886€55,467▲
Amounts receivable after more than one year29€35,420-
Other amounts receivable291€35,420-
Stocks and contracts in progress3-€1,200
Stocks30/36-€1,200
Amounts receivable within one year40/41€2,058€4,040▲
Trade receivables40€197-
Other amounts receivable41€1,861€4,040▲
Cash at bank and in hand54/58€3,408€50,228▲
Equity and liabilities
Total equity and liabilities10/49€60,886€55,467▼
Equity10/15-€1,284-€20,113▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€11,284-€30,113▼
Amounts payable17/49€62,170€75,581▲
Amounts payable after more than one year17€61,157€73,852▲
Other amounts payable178/9€61,157€73,852▲
Amounts payable within one year42/48€1,013€1,729▲
Trade debts44€1,013€1,729▲
Suppliers440/4€1,013€1,729▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€16,437
Other operating charges640/8€321€256▼
Gross operating margin9900-€9,768-€15,838▼
Operating profit (loss)9901-€10,088-€16,094▼
Financial charges65/66B€1,196€2,735▲
Recurring financial charges65€1,196€2,735▲
Profit (loss) for the period before taxes9903-€11,284-€18,829▼
Profit (loss) for the period9904-€11,284-€18,829▼
Profit (loss) for the period to be appropriated9905-€11,284-€18,829▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,284-€30,113▼
Profit (loss) brought forward from the previous period14P--€11,284

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61-€16,437-
Other operating charges640/8€321€256▼ 20.2%
Gross operating margin9900-€9,768-€15,838▼ 62.1%
Operating profit (loss)9901-€10,088-€16,094▼ 59.5%
Financial charges65/66B€1,196€2,735▲ 129%
Recurring financial charges65€1,196€2,735▲ 129%
Profit (loss) for the period before taxes9903-€11,284-€18,829▼ 66.9%
Profit (loss) for the period9904-€11,284-€18,829▼ 66.9%
Profit (loss) for the period to be appropriated9905-€11,284-€18,829▼ 66.9%
Line20242025Change
Assets
Total assets20/58€60,886€55,467▼ 8.9%
Fixed assets21/28€20,000--
Financial fixed assets28€20,000--
Current assets29/58€40,886€55,467▲ 35.7%
Amounts receivable after more than one year29€35,420--
Other amounts receivable291€35,420--
Stocks and contracts in progress3-€1,200-
Stocks30/36-€1,200-
Amounts receivable within one year40/41€2,058€4,040▲ 96.3%
Trade receivables40€197--
Other amounts receivable41€1,861€4,040▲ 117%
Cash at bank and in hand54/58€3,408€50,228▲ 15×
Equity and liabilities
Total equity and liabilities10/49€60,886€55,467▼ 8.9%
Equity10/15-€1,284-€20,113▼ 1,466%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€11,284-€30,113▼ 167%
Amounts payable17/49€62,170€75,581▲ 21.6%
Amounts payable after more than one year17€61,157€73,852▲ 20.8%
Other amounts payable178/9€61,157€73,852▲ 20.8%
Amounts payable within one year42/48€1,013€1,729▲ 70.6%
Trade debts44€1,013€1,729▲ 70.6%
Suppliers440/4€1,013€1,729▲ 70.6%
Line20242025Change
Profit (loss) for the period9904-€11,284-€18,829▼ 66.9%
Operating cash flow (approximation)-€11,284-€18,829▼ 66.9%
Change in cash-€46,820-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-07-2026 2026-00325125
31-12-2024 abbreviated format 25-07-2025 2025-00308135

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,532 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,369. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

2 owners

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

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

History

VILANOVA CONSTRUCT was incorporated on 23 January 2024 as a private limited company.1 The registered office was moved to Knokke-Heist in 2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
25-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
30-12
Gazette deed Registered office
Registered-office move3 facts ▸
  • General meeting, 01-12-2024
  • Registered-office move, Graaf Jansdijk 471, 8300 Knokke-Heist
  • Other provision, “vermelding laatste bladzijde Luik B, instrumenterende notaris” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded23-01-2024
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005049464
Registered 15-12-2025

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

Register as of 25 October 2026 · Peppol Directory

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

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, with enterprise number 1005.049.464

Environmental permits

1 application in Flanders since 2026 · 1 under review
Bouwen of herbouwen
Under reviewsubmitted 09-07-2026authority: Knokke-Heistproject 2025112186

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
2.0 ha
Building footprint
1,092 m²
Parcel 31333K0284/00K000, Flanders. Linked by address, not a title deed.
15 companies at this address See who is registered here
1 establishment unit
VILANOVA CONSTRUCT
Graaf Jansdijk 471, 8300 Knokke-HeistDevelopment of residential building projects
since 2024unit no. 2.354.955.508
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31333K0284/00K000 Flanders 2.0 ha 1 · 1,092 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.