VIRLAN CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of VIRLAN CONSTRUCT is 2.5% (moderate). The 2024 annual accounts show equity of €41k and a net result of €48k. Its solvency ranks better than 48% of 9982 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+11
Solvency65▲+18
Growth78
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.13 in 2023; short-term debt: 47.8% of total assets), but 59.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
43 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€41k▲ 282%
2023 · €11k
2023: €11k
2024: €41k▲ +282% vs 2023
2023 → 2024
Total assets
€102k▲ 113%
2023 · €48k
2023: €48k
2024: €102k▲ +113% vs 2023
2023 → 2024
Net result
€48k▲ 372%
2023 · €10k
2023: €10k
2024: €48k▲ +372% vs 2023
2023 → 2024
Working capital
€38k▲ 1,225%
2023 · €3k
2023: €3k
2024: €38k▲ +1225% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€11k-€41k▲ 282%
2023: €11k
2024: €41k▲ +282% vs 2023
Operating result€18k-€64k▲ 246%
2023: €18k
2024: €64k▲ +246% vs 2023
Net result€10k-€48k▲ 372%
2023: €10k
2024: €48k▲ +372% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 246% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102k
Fixed assets
€15k ▼ 35.2%
Current assets
€87k ▲ 258%
Equity and liabilities €102k
Equity
€41k ▲ 282%
Debt
€61k ▲ 64.0%
Debt's share of the balance-sheet total falls from 77.5% to 59.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▲
2023 · €24k
Cash flow
€55k▲
2023 · €16k
Current ratio
1.78▲
2023 · 1.13
Debt to equity
1.48▼
2023 · 3.45
ROE
117.7%▲
2023 · 95.3%
ROA
47.5%▲
2023 · 21.4%
Interest coverage
10.89▲
2023 · 5.24
Debt ≤ 1 year
€49k▲
2023 · €21k
Debt > 1 year
€12k▼
2023 · €16k
Income taxes
€11k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€48k€102k▲
Formation expenses20€53-
Fixed assets21/28€24k€15k▼
Tangible fixed assets22/27€24k€15k▼
Furniture and vehicles24€24k€15k▼
Current assets29/58€24k€87k▲
Amounts receivable within one year40/41€24k€84k▲
Trade receivables40€14k€13k▼
Other amounts receivable41€10k€71k▲
Deferred charges and accrued income490/1€149€3k▲
Equity and liabilities
Total equity and liabilities10/49€48k€102k▲
Equity10/15€11k€41k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€10k€41k▲
Amounts payable17/49€37k€61k▲
Amounts payable after more than one year17€16k€12k▼
Financial debts170/4€16k€12k▼
Amounts payable within one year42/48€21k€49k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€945€412▼
Credit institutions430/8€945€412▼
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€6k€19k▲
Taxes450/3€4k€19k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48-€18k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€25k€71k▲
Operating profit (loss)9901€18k€64k▲
Financial income75/76B€280€2k▲
Recurring financial income75€280€2k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€14k€60k▲
Income taxes67/77€4k€11k▲
Profit (loss) for the period9904€10k€48k▲
Profit (loss) for the period to be appropriated9905€10k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€59k▲
Profit (loss) brought forward from the previous period14P-€10k
Profit to be distributed694/7-€18k
Directors or managers695-€18k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | ▲ 17.3% |
| Other operating charges640/8 | €1k | €2k | ▲ 40.6% |
| Gross operating margin9900 | €25k | €71k | ▲ 187% |
| Operating profit (loss)9901 | €18k | €64k | ▲ 246% |
| Financial income75/76B | €280 | €2k | ▲ 765% |
| Recurring financial income75 | €280 | €2k | ▲ 765% |
| Financial charges65/66B | €5k | €6k | ▲ 41.8% |
| Recurring financial charges65 | €5k | €6k | ▲ 41.8% |
| Profit (loss) for the period before taxes9903 | €14k | €60k | ▲ 322% |
| Income taxes67/77 | €4k | €11k | ▲ 190% |
| Profit (loss) for the period9904 | €10k | €48k | ▲ 372% |
| Profit (loss) for the period to be appropriated9905 | €10k | €48k | ▲ 372% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €48k | €102k | ▲ 113% |
| Formation expenses20 | €53 | - | - |
| Fixed assets21/28 | €24k | €15k | ▼ 35.2% |
| Tangible fixed assets22/27 | €24k | €15k | ▼ 35.2% |
| Furniture and vehicles24 | €24k | €15k | ▼ 35.2% |
| Current assets29/58 | €24k | €87k | ▲ 258% |
| Amounts receivable within one year40/41 | €24k | €84k | ▲ 249% |
| Trade receivables40 | €14k | €13k | ▼ 2.9% |
| Other amounts receivable41 | €10k | €71k | ▲ 584% |
| Deferred charges and accrued income490/1 | €149 | €3k | ▲ 1,625% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €48k | €102k | ▲ 113% |
| Equity10/15 | €11k | €41k | ▲ 282% |
| Contributions10/11 | €500 | €500 | = |
| Profit (loss) carried forward14 | €10k | €41k | ▲ 296% |
| Amounts payable17/49 | €37k | €61k | ▲ 64.0% |
| Amounts payable after more than one year17 | €16k | €12k | ▼ 22.9% |
| Financial debts170/4 | €16k | €12k | ▼ 22.9% |
| Amounts payable within one year42/48 | €21k | €49k | ▲ 128% |
| Current portion of amounts payable after more than one year42 | €4k | €4k | ▲ 8.6% |
| Financial debts43 | €945 | €412 | ▼ 56.4% |
| Credit institutions430/8 | €945 | €412 | ▼ 56.4% |
| Trade debts44 | €11k | €8k | ▼ 31.7% |
| Suppliers440/4 | €11k | €8k | ▼ 31.7% |
| Taxes, remuneration and social security45 | €6k | €19k | ▲ 233% |
| Taxes450/3 | €4k | €19k | ▲ 384% |
| Remuneration and social security454/9 | €2k | - | - |
| Other amounts payable47/48 | - | €18k | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €48k | ▲ 372% |
| + Depreciation and write-downs630 | €5k | €6k | ▲ 17.3% |
| Operating cash flow (approximation) | €16k | €55k | ▲ 251% |
| Investment in fixed assets (approximation) | - | €2k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gent · 1 establishment unit since 2023
Ground area
500 m²
Building footprint
381 m²
Volume, LiDAR
4,033 m³
2 parcels, Brussels, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
144
companies at this address
See who is registered here
1 establishment unit
VIRLAN CONSTRUCT
since 20232.339.773.028
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0221/00E007 | Brussels | 286 m² | 1 · 178 m² | 18.4 m · 5 fl. |
| 44808H0052/00R006 | Flanders | 214 m² | 1 · 202 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,876 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
Founded05-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.