VLADO CONSTRUCT
ActiveSummary
VLADO CONSTRUCT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249k and a net result of €72k. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 1030 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+15
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 6.29 against 3.49 in 2024; short-term debt: 15.9% and cash: 21.8% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.1%
Return on assets
24.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
4 d early
2022
on the day
2021
10 d late
2020
30 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€249k▲ 40.5%
2024 · €177k
2019: €-132k
2020: €-6k
2021: €37k
2022: €72k
2023: €132k
2024: €177k
2019 → 2025
Total assets
€296k▲ 19.3%
2024 · €249k
2019: €109k
2020: €145k
2021: €128k
2022: €137k
2023: €186k
2024: €249k
2019 → 2025
Net result
€72k▲ 56.7%
2024 · €46k
2019: €31k
2020: €126k
2021: €43k
2022: €35k
2023: €60k
2024: €46k
2019 → 2025
Working capital
€249k▲ 40.5%
2024 · €177k
2019: €-129k
2020: €-6k
2021: €37k
2022: €72k
2023: €132k
2024: €177k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€72k▲ 93.5%€132k▲ 82.9%€177k▲ 34.7%€249k▲ 40.5%
Operating result€49k-€54k▲ 8.6%€89k▲ 66.7%€68k▼ 23.3%€106k▲ 55.1%
Net result€43k-€35k▼ 18.9%€60k▲ 71.6%€46k▼ 23.6%€72k▲ 56.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €296k
Equity
€249k ▲ 40.5%
Debt
€47k ▼ 33.8%
Debt's share of the balance-sheet total falls from 28.6% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.29▲
2024 · 3.49
Debt to equity
0.19▼
2024 · 0.40
ROE
28.7%▲
2024 · 25.7%
ROA
24.1%▲
2024 · 18.4%
Debt ≤ 1 year
€47k▼
2024 · €71k
Income taxes
€36k▲
2024 · €23k
Staff costs
€341k▲
2024 · €337k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€249k€296k▲
Current assets29/58€249k€296k▲
Amounts receivable within one year40/41€87k€81k▼
Trade receivables40€85k€80k▼
Other amounts receivable41€1k€487▼
Current investments50/53-€150k
Cash at bank and in hand54/58€162k€65k▼
Deferred charges and accrued income490/1€373€1k▲
Equity and liabilities
Total equity and liabilities10/49€249k€296k▲
Equity10/15€177k€249k▲
Contributions10/11€18k€19k▲
Reserves13€159k€231k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€157k€229k▲
Amounts payable17/49€71k€47k▼
Amounts payable within one year42/48€71k€47k▼
Trade debts44€50k€21k▼
Suppliers440/4€50k€21k▼
Taxes, remuneration and social security45€20k€24k▲
Taxes450/3€3k€5k▲
Remuneration and social security454/9€18k€19k▲
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€337k€341k▲
Other operating charges640/8€601€613▲
Gross operating margin9900€406k€448k▲
Operating profit (loss)9901€68k€106k▲
Financial income75/76B-€986
Recurring financial income75-€986
Financial charges65/66B€225€35▼
Recurring financial charges65€225€35▼
Profit (loss) for the period before taxes9903€68k€107k▲
Income taxes67/77€23k€36k▲
Profit (loss) for the period9904€46k€72k▲
Profit (loss) for the period to be appropriated9905€46k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€72k▲
Transfer to equity691/2€46k€72k▲
To other reserves6921€46k€72k▲
Social balance
Average headcount (FTE)90876.56.6▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
State Gazette act
Demerger · Accounting effect
Corporate purpose · Capital
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €200kEq €249k ▲40.5%
7 profitable years in a row build equity to €249k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €150kEq €177k ▲34.7%
6 profitable years in a row build equity to €177k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €100kEq €132k ▲82.9%
5 profitable years in a row build equity to €132k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Highest result since 2019net €126k ▲304%
Operating result €127k, net result €126k, both a record.
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
Show earlier events
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 124 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalter · 1 establishment unit since 1996
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.
Oostmolen-Zuid 69880 AalterGround area
549 m²
Parcel 44001B0175/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
VLADO CONSTRUCT
since 19962.076.299.846
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0175/00M002 | Flanders | 549 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,238 EUR awarded · 3,238 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 895 EUR | 895 EUR |
| 2022 | 1 | 2,343 EUR | 2,343 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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SVDS
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-01-1996
Fiscal year end31-03
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.