Skip to content

VLABEC

Active
Private limited companyfounded 2008active for 17 yearsMuinkkaai 58, 9000 Gent, BelgiumKBO/BCE: BE 0807.841.536
Summary

The computed 12-month bankruptcy probability of VLABEC is 3.3% (moderate). The 2025 annual accounts show negative equity (-€220,222) and a net result of -€157,477. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9,806 sector peers (NACE 43, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
VLABECActiveChecked score 47/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990Engineering and related technical consultancy, excluding land surveyors NACE 71121
1 site
Size
€1.9mtotal assets 2025
Staff
1.8 FTE
Equity
-€220,222
Loss
-€157,477
Turnover not published (abbreviated format)
Financial health
47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Holdings
2
2025 accounts filed 2 days late1 of 5 deeds summarised
Why 47raises riskNegative equity -€220,222Loss of €157,477, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskSize: 1.8 FTE, total assets €1.9mShow the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 5% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 13-8
equity -11.7% of total assets
Liquidity 2-3
short-term debt 96.2% · cash 1.6%
Profitability 8-4
return on assets -8.4%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 2.3%lowest value 12-2024: 2.6%▲ +0.3 percentage points vs 11-2024 01-2025: 2.8%▲ +0.2 percentage points vs 12-2024 02-2025: 3.0%▲ +0.2 percentage points vs 01-2025 03-2025: 2.7%▼ -0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.7%● unchanged vs 05-2025 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 2.8%▲ +0.1 percentage points vs 07-2025 09-2025: 2.8%● unchanged vs 08-2025 10-2025: 2.8%● unchanged vs 09-2025 11-2025: 2.8%● unchanged vs 10-2025 12-2025: 2.8%● unchanged vs 11-2025 01-2026: 3.0%▲ +0.2 percentage points vs 12-2025 02-2026: 3.3%▲ +0.3 percentage points vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.3%● unchanged vs 06-2026 08-2026: 3.4%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.3%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.64, compared with 0.62 in 2024, below 1; short-term debt: 96.2% and cash: 1.6% of total assets), and 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 43, micro): better than 6% on solvency, 3% on liquidity, 11% on profitability and 1% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€220,222
NBB · annual accounts
raises risk · Loss of €157,477, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: 1.8 FTE, total assets €1.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€220,222
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
2 days late
2024
7 days late
2023
33 days late
2022
16 days late
2021
288 days late
2020
12 days late
2019
78 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end26-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: ImmoValco (director)Appointments: Giovani COUSSENS (director) and…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€220,222 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€157,477 View
  • Caution: Equity fell in 2025from -€62,745 to -€220,222 ▼ 251% View
  • Caution: Among the weakest 5% on solvencysector median 44.0% · 9,806 companies -11.7% View
  • Board changedlatest change 22-09-2026 · 2 in office 2 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€1.9m
Loss
-€157,477
Solvency
-11.7%
Total assets▲ 16.1%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
  • Giovani COUSSENSDirector
  • Bracke, Valérie Francine Albert MarieDirector
Go to Board & ownership

Timeline

Events
20
Since
2010
Next accounts
by 31-01-2027
  1. 04-03-2024Annual accounts filed
  2. 30-06-2023Weakest financial year
  3. 16-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
18-11-2008
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
27
Annual meeting
Last Friday of December at 20:00
Purpose
“- het optreden als energiedeskundige overeenkomstig het Decreet van 22 december 2006…” (deed in Dutch)
Go to Articles of association

Key facts about VLABEC

What is the company number of VLABEC?
0807.841.536. In Belgium the VAT number is the company number with BE in front: BE 0807.841.536.
Where is VLABEC based?
The registered office is at Muinkkaai 58, 9000 Gent.Company details
What does VLABEC do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of VLABEC?
Private limited company (BV).
When was VLABEC founded?
On 18-11-2008.
Is VLABEC still active?
Yes, VLABEC is an active enterprise in the KBO register.
How many employees does VLABEC have?
On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VLABEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VLABEC profitable?
In financial year 2025, VLABEC made a loss of €157,477.
Where can I find the annual accounts of VLABEC?
VLABEC filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VLABEC due?
By 31-01-2027, for financial year 2026.Timeline

Companies related to VLABEC

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure