Equity
€3,870 ▼ 59.3%
VLB Construct paid out €11,765 in dividends. That is 192% of the 2025 profit.
VLB Construct
Lifetime
5 annual accounts with figures on one time axispeak €27,907 (2024)
€26,132▼ 6.4%
peak €10,357 (2022)
€6,132▼ 20.2%
peak €24,174 (2023)
€3,870▼ 59.3%
€56,958▼ 14.0%
Board1 name since 2020
1 directorVANLERBERGHE Tom Dirk Hendrik
Documentsfilings and deeds
15-01-202616 days before the deadline
2025micro format
Dividend €11,765Equity from €9,503 to €3,870Cash from €4,448 to €2,456
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€56,958 94% of the balance sheet
Financial debts 39%Suppliers 2%Taxes and wages 19%Other 41%
Of this, €34,881 falls due within a year.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 5 to 29 days before the end of the period.
Starting capital
€3,000 100 shares
Position in the sector
€3,870
Less equity than 88% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.
Checked score
54
Fair
Financially stronger than 25% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 2.0%▲ +0.1 percentage points vs 12-2024
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 2.0%● unchanged vs 05-2025
07-2025: 1.9%▼ -0.1 percentage points vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 2.0%▲ +0.1 percentage points vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.1%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 1.7%▼ -0.4 percentage points vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 1.6%● unchanged vs 07-2026
09-2026: 1.5%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 1.7%▲ +0.2 percentage points vs 09-2026
11-2026: 1.6%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2020
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Equity €3,870 (6.4% of total assets)
lowers risk
Figures for financial year 2025 (filed on 17-01-2026)
Calculation
The band follows from the bankruptcy probability. 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 25, micro). It does better than 12% of them on solvency, 14% on liquidity, 66% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as VLB Construct has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of VLB Construct itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,153 companies, not a prediction for VLB 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2343 sector peers (2025).
NBB · sector comparisonPosition among 2343 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
16 days early
2024
24 days early
2023
5 days early
2022
29 days early
2021
26 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 20 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 7 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0755638512
Incorporation
Founding capital of €3,000, 100 shares · Founder: VANLERBERGHE Tom Dirk Hendrik (founder and partner) · Appointment: VANLERBERGHE Tom Dirk Hendrik (director) · published on 06-10-2020 · Gazette deed
First establishment
Korenbloemstraat 135, Torhout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VLB Construct Torhout | €60,828 | €26,132 | 6.4% | - |
| Metaalconstructie Clerick Damme | €70,107 | €22,732 | 73.2% | - |
| DHERT CONSTRUCT Diksmuide | €51,551 | €32,507 | 37.2% | - |
| RENOVATIC Grez-Doiceau | €54,159 | €23,513 | 72.7% | - |
| SCHEPENS DIETER Tremelo | €53,407 | €29,988 | 25.1% | - |
| ESSEL Zonnebeke | €60,024 | €16,094 | 63.2% | - |
| EC Works Waregem | €83,389 | €37,717 | 6.0% | - |
These companies have the same main activity as VLB Construct: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €51,600 and €83,400, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 02-10-2020Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 1 other
- Establishment unit
- 2.308.188.0468820 Torhout, since 02-10-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2023
Annual accounts to 30-06-2025
- €60,828▼ 19.7%
- Filing
- Filed on 15-01-2026, 16 days before the end of the filing period
Insights on VLB Construct
VLB Construct files the micro format. That format states no turnover. The gross margin rose from €10,921 in 2021 to €26,132 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VLB Construct
- What is the company number of VLB Construct?
- The company number of VLB Construct is 0755.638.512. The VAT number is the same number with BE in front: BE 0755.638.512.
- Where is VLB Construct based?
- The registered office is at Korenbloemstraat 135, 8820 Torhout.Company details
- What does VLB Construct do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of VLB Construct?
- VLB Construct is a private limited company (BV).
- When was VLB Construct founded?
- VLB Construct was founded on 02-10-2020.
- Is VLB Construct still active?
- Yes, VLB Construct is an active enterprise in the KBO register.
- What is the turnover of VLB Construct?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €26,132 and 2,934 comparable companies of the same size. It probably lies between €63,000 and €190,000. It is a rough estimate.Financials
- Is VLB Construct profitable?
- In financial year 2025, VLB Construct made a profit of €6,132.
- Where can I find the annual accounts of VLB Construct?
- VLB Construct filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VLB Construct due?
- VLB Construct must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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