Equity
-€30,379
Debts exceed assets in financial year 2024.
Vitro Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €186,797 (2024)
€186,797▲ 136%
lowest -€103,929 (2023)
€70,051▲ €173,980
peak -€30,379 (2024)
-€30,379▲ €70,051
€170,840▼ 37.6%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from €79,160 to €186,797Back to profit: €70,051Equity from -€100,429 to -€30,379Debts from €273,731 to €170,840Cash from €6,701 to €2,682
Key points
from the 2024 annual accountsResult
€70,051 €70,051
Back in profit in 2024, after a loss of €103,929 in 2023.
Turnover
≈ €470,000 estimated
The micro format states no turnover.
Debts
€170,840 122% of the balance sheet
Financial debts 58%Suppliers 0%Taxes and wages 6%Other 36%
Of this, €70,250 falls due within a year.
Staff
1 employees on 31-12-2024
In 2024, nobody joined and 1 person left.
Position in the sector
-€30,379
Less equity than 92% of companies in wood and cork. Sector median €67,955 · 703 companies.
2025 accounts not filed, 105 days past the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as Vitro Construct has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,018 companies, not a prediction for Vitro 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0792853947
Incorporation
Founder: · 100 shares · Appointment: (director) · published on 27-10-2022 · Gazette deed
First establishment
Rond Punt 17, Alken
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vitro Construct Alken | €140,462 | €186,797 | -21.6% | - |
| MENUISERIE CORNET FRERES Durbuy | €156,613 | €165,602 | 39.1% | 3.5 |
| Solar Care Maasmechelen | €184,249 | €171,944 | 64.6% | - |
| NB POWER Schoten | €182,628 | €294,089 | 55.1% | - |
| TOMMY TIMMERWERKEN Ostend | €116,437 | €163,511 | 38.8% | - |
| House@Tree Ranst | €118,766 | €140,278 | 61.1% | - |
| ACO-Châssis Anhée | €173,316 | €110,298 | 56.5% | - |
These companies have the same main activity as Vitro Construct: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €116,000 and €184,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 25-10-2022Normal situation
- Activity
- Manufacture of other builders' carpentry and joineryNACE 16230and 2 others
- Establishment unit
- 2.337.389.9943570 Alken, since 25-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2023
Annual accounts 2024
- €186,797▲ 136%
- €70,051
- -€30,379▲ 69.8%
- €140,462▼ 18.9%
- Employeeson 31-12-2024
- 1▼ 50.0%
- Filing
- Filed on 30-09-2025
Insights on Vitro Construct
The 2024 annual accounts show negative equity (-€30,379) and a net result of €70,051. Its solvency ranks better than 10% of 702 sector peers (NACE 16, financial year 2024).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 30-09-2025, 61 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 November 2026.
€186,797
▲ 136%
€74,747
▲ €170,674
€70,051
▲ €173,980
-€28,987
▲ €75,250
-21.6%
▲ 36.3 percentage points
0.59
▲ 0.29
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €470,000. Estimated: probably between €310,000 and €720,000.
Balance sheet
balance sheet total €140,462 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-21.6%
Higher than 10% of 702 companies in 2024.
0.59
Higher than 15% of 688 companies in 2024.
49.9%
Higher than 95% of 694 companies in 2024.
Vitro Construct
Middle half of the sector
80% of the sector
Micro accounts in wood and cork (NACE 16)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€66,292
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2024, nobody joined and 1 person left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
140,462 | 173,301 | |
21/28 |
99,199 | 129,825 | |
21 |
13,178 | 15,522 | |
22/27 |
81,221 | 109,503 | |
23 |
67,839 | 91,018 | |
24 |
13,382 | 18,485 | |
28 |
4,800 | 4,800 | |
29/58 |
41,263 | 43,476 | |
40/41 |
36,747 | 36,656 | |
40 |
35,084 | 21,749 | |
41 |
1,663 | 14,907 | |
50/53 |
9 | - | |
54/58 |
2,682 | 6,701 | |
490/1 |
1,825 | 119 | |
| Balance sheet: equity and liabilities | |||
10/49 |
140,462 | 173,301 | |
10/15 |
-30,379 | -100,429 | |
10/11 |
3,500 | 3,500 | |
14 |
-33,879 | -103,929 | |
17/49 |
170,840 | 273,731 | |
17 |
99,101 | 114,928 | |
170/4 |
99,101 | 114,928 | |
42/48 |
70,250 | 147,714 | |
42 |
59,911 | 59,149 | |
44 |
238 | 81,612 | |
440/4 |
238 | 81,612 | |
45 |
10,101 | 6,953 | |
450/3 |
2,411 | 248 | |
454/9 |
7,690 | 6,705 | |
492/3 |
1,489 | 11,089 | |
| Income statement | |||
9900 |
186,797 | 79,160 | |
62 |
79,550 | 136,105 | |
630 |
30,626 | 32,348 | |
640/8 |
1,115 | 733 | |
66A |
758 | 5,901 | |
9901 |
74,747 | -95,927 | |
75/76B |
444 | 432 | |
75 |
444 | 432 | |
65/66B |
5,141 | 8,435 | |
65 |
5,141 | 8,435 | |
9903 |
70,051 | -103,929 | |
9904 |
70,051 | -103,929 | |
9905 |
70,051 | -103,929 | |
| Appropriation of the result | |||
9906 |
-33,879 | -103,929 | |
14P |
-103,929 | - | |
| Social balance sheet | |||
9087 |
1.2 | 3.4 | |
Hours worked1013 |
1,937 | 3,601 | |
| Document | |||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-09-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023, 1 entry, €5,456 awarded, €5,456 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| 105,374 | -63,579 | ||
| 100,677 | -71,581 | ||
| 0 | 162,173 | ||
| -4,019 | - | ||
| -28,987 | -104,237 | ||
| -21.6% | -58.0% | ||
| 0.59 | 0.29 | ||
| 49.9% | -60.0% | ||
| 20.50 | -7.54 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 2 |
| full-time | 1 | 2 |
| part-time | - | 0 |
| in full-time equivalents | 1 | 2 |
| 1.2 | 3.4 | |
| On a permanent contract | 1 | 2 |
| Joined | 0 | 4 |
| Left | 1 | 2 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €139,703 |
| Intangible fixed assets | - | €17,670 |
| Financial fixed assets | - | €4,800 |
| €30,626 | €32,348 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on Vitro Construct
The operating result for 2024 is a profit of €74,747, after a loss of €95,927 in 2023.
Equity is negative. Debt (€170,840) exceeds the balance-sheet total (€140,462).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 27-10-2022
term without a fixed end
listed in the 2024 annual accounts, filed on 30-09-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-10-2022
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 27-10-2022, still in office
Control
Founder
This company
Vitro Construct
Equity -€30,379
Profit €70,051 in 2024
Capital
- Contribution
- €3,500
- Shares
- 100
- Contribution per share
- €35
- Equity per share
- -€304 in 2024
- Source
- 2024 annual accounts
Articles of association
deed of 27-10-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founder
At incorporation
deed of 27-10-2022 ↗
- sole founder · 100% at incorporation
Network & group
No group
Vitro Construct has no parent and no holdings in its annual accounts. is the only director. Vitro Construct shares no director with another company.
At the same address
Rond Punt 17, 3570 Alken · 1 other company| Bussé, Stefanie (sole trader)
establishment since 09-12-2016 |
founded in 2016 0665.668.141 |
Timeline
Timeline
6 events since 2022Filings
Financial
Establishments
20222023202420252026
2025
Annual accounts 2024 filed PDFmicro format · 61 days late
2024
Back to profit net €70,051 The net result is €70,051, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792853947
2022
IncorporationFounder: · 100 shares · Appointment: (director) · published on 27-10-20224 points ▸
- Founder,
- 100 shares
- Director appointment, (director (not named in the articles))
- Registered office clause, Rond Punt 17, 3570 Alken
- The deed holds 1 more point.
First establishment Rond Punt 17, Alken
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0792.853.947
- VAT number
- BE 0792.853.947
- Peppol ID
- 0208:0792853947
- Other Peppol ID
- 9925:BE0792853947
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-10-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 20:00deed of 27-10-2022 (in Dutch)
- Peppol
- Reachable since 13-01-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Vitro Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-10-2022 (in Dutch)
Activities
NACEBEL 2025VAT activities
16230
Manufacture of other builders' carpentry and joinery main activity
43320
Joinery installation
Social security (RSZ) activities
43320
Joinery installation main activity
Codes under NACEBEL 2008
VAT activities
16230
Manufacture of other builders' carpentry and joinery main activity
25120
Manufacture of fabricated metal products, except machinery and equipment
43320
Joinery installation
Social security (RSZ) activities
43320
Joinery installation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vervaardigingvanmetaalschrijnwerk:deuren,venstersenkozijnen,luiken,verplaatsbarewanden,hekken,garagepoorten,enz; AlgemeenSchrijnwerk…”deed of 27-10-2022 (in Dutch)
33 activities
- Vervaardigingvanmetaalschrijnwerk:deuren,venstersenkozijnen,luiken,verplaatsbarewanden,hekken,garagepoorten,enz.
- AlgemeenSchrijnwerk
- Montagevanbuiten-enbinnenschrijnwerkvanhoutofvankunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
- Installatievanaldannietverplaatsbaretussenwanden,bekledingvanwanden,plafonds,enz.inhoutofkunststof
- Installatievangaragepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,inhoutofkunststof
- Installatievangeblindeerdedeurenenbrandwerendedeureninhoutofkunststof
- Montagevanserres,veranda's,enz.,inhoutofkunststof
- Montagevanbuiten-enbinnenschrijnwerkinmetaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
- Installatievanaldannietverplaatsbaretussenwanden,debekledingvanwanden,plafonds,enz.,inmetaal
- Installatievangaragepoorten,luiken,zonneblinden,traliewerk,hekken,enz.,inmetaal
- Montagevanbuiten-enbinnenschrijnwerkvankunststof
- Installatievanbinnendeuren,scheidingswandenenz.vanglas
- Plaatsenvantussenwandenvangipsplaten
- Groothandelinschrijnwerk,andersdanhout
- Verhuurvanmaterialen
- Transportvanmaterialen
- VerkoopPelletsenandereaanverwanten
- Houtskeletbouw
- Hetdeelnemenaanhetbestuur,dedirectie,decontroleenvereffeningvanvennootschappen,ondernemingen,bedrijvighedenenverenigingenwaarinzijaldannieteenbelangofdeelnemingheeft.
- Managementeninterimmanagement,nietfinanciëleaudits.
- Hetverwervenvanparticipatiesineenderwelkevorminallebestaandeofopterichtenrechtspersonenenvennootschappen,hetstimuleren,deplanning,decoördinatie,deontwikkelingvandeinvesteringinrechtspersonenenondernemingenwaarinzijalofnieteenparticipatieaanhoudt.
- Hettoestaanvanleningenenkredietopeningenaanrechtspersonenenondernemingenofparticulieren,onderomevenwelkevorm;inditkaderkanzijzichookborgstellenofhaaravalverlenen,indemeestruimezin,allehandels-enfinanciëleoperatiesverrichtenbehalvediewettelijkvoorbehoudenzijnaankredietinstellingen.
- Hetverlenenvanadviezenvanfinanciële,technische,commerciëleofadministratieveaard;inderuimstezin,metuitzonderingvanadviezeninzakebeleggingenengeldplaatsingen;bijstandendienstenverlenen,rechtstreeksofomrechtstreeksophetvlakvanadministratieveenfinanciën,verkoop,productieenalgemeenbestuur.
- Hetwaarnemenalb.bestuursopdrachtenenopdrachtenvanvereffenaars,hetuitoefenenvanopdrachtenenfuncties.
- Hetontwikkelen,kopen,verkopen,inlicentienemenofgevenvanoctrooien,knowhowenaanverwanteimmateriëleduurzameactiva.
- Deaan-enverkop,in-enuitvoer,commissiehandelenvertegenwoordigingvanomevenwelkegoederen,inhetkorttussenpersoonindehandel.
- Hetonderzoek,deontwikkeling,devervaardigingofcommercialiseringvannieuwproducten,nieuwevormenvantechnologieenhuntoepassingen.
- Hetaanleggen,hetoordeelkundiguitbouwenenbeherenvaneenonroerendvermogen;alleverrichtingenmetbetrekkingtotonroerendegoederenononroerendezakelijkerechtenzoalsdehuurfinancieringvanonroerendegoederenaanderden,hetaankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecterenenuitbatenvanonroerendegoederen;deaan-enverkop,huurenverhuurvanroerendegoederen,alsmedeallehandelingendierechtstreeksofomrechtstreeksmetditdoelinverbandstaanendievan-aardzijndeopbrengstvanderoerendeenonroerendegoederentebevorderen,alsmedezichborgtestellenvoorhetgoedeverloopvanverbintenissendoorderdepersonenaangegaandiehetgenotzoudenhebbenvandezeroerendeenonroerendegoederen.
- Hetaanleggen,hetoordeelkundiguitbouwenenbeherenvaneenroerendpatrimonium,alleverrichtingenmetbetrekkingtotroerendegoederenrechten,vanwelkeaardaok,zoalshetverwervendoorinschrijvingofaankoophetbeherenvanaandelen,obligaties,kasbonnen,ofandereroerendewaarden,vanwelkevormook,viaBelgischeofbuitenlandse,bestaandeofnogopterichtenrechtspersonenenondernemingen.
- Daartoekandevennootschapsamenwerkenmet,deelnemenin,ofopgelijkewelkewijze,rechtstreeksofomrechtstreeks,belangennemeneninandereondernemingen.
- Devennootschapkanzoweltotwaarborgvaneigenverbintenissenalstotwaarborgvanverbintenissenvanderdenborgstellen,ondermeedoorhaargoedereninhypotheekofinpandtegeven,inclusiefdeeigenhandelszaak.
- Devennootschapkaneveneensoptredenalsbestuurder,volmachtdrager,mandatarisofvereffenaarinanderevennootschappenondernemingen.
- Devennootschapkaninhetalgemeenallecommerciële,industriële,financiële,roerendeofonroerendehandelingenverrichteninrechtstreeksofomrechtstreeksverbandmethaarmaatschappelijkdoelofwelkevanaardzoudenzijndeverwezenlijkingervangeheeloftendelentevergemakkelijken.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rond Punt 17 registered office 3570 Alken | 25-10-2022 | 2.337.389.994 |
Buildings and parcels at the address
- Ground area
- 500 m²
- Buildings
- 176 m²
- Volume, LiDAR
- 888 m³
- Tallest building
- 12.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73001I0404/00K000 | 500 m² | 1 · 176 m² | 12.3 m · 2 |
Invoicing and payment
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. Use the enterprise number 0792.853.947