VLM Construct
ActiveSummary
The computed 12-month bankruptcy probability of VLM Construct is 7.3% (elevated). For VLM Construct, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€337) and a net result of -€2,692. Its solvency ranks better than 9% of 35,975 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€337
- Loss
- -€2,692
- Bankruptcy probabilitywithin 12 months
- 7.3%
Signalsraises riskFigures for financial year 2024 (filed 02-05-2025)1 financial year not filed after the legal deadlineFounded in 2022Annual accounts not filedlowers riskSize: turnover €1,000, total assets €5,624neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
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Signals
This company filed its last 2 accounts on average on the deadline day; 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 (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 30 April 2026 Financial year closed on 30 September 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 22 October 2026.
2023 to 2024, 2 financial years
The operating result turns negative in 2024: a loss of €2,692 after €1,548 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | - | €1,000 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €2,325 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €119 | €862 | ▲ 625% |
| Other operating charges640/8 | - | €505 | - |
| Gross operating margin9900 | €1,667 | -€1,325 | - |
| Operating profit (loss)9901 | €1,548 | -€2,692 | - |
| Profit (loss) for the period before taxes9903 | €1,548 | -€2,692 | - |
| Income taxes67/77 | €893 | - | - |
| Profit (loss) for the period9904 | €656 | -€2,692 | - |
| Profit (loss) for the period to be appropriated9905 | €656 | -€2,692 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €32,582 | €5,624 | ▼ 82.7% |
| Fixed assets21/28 | €4,300 | €3,437 | ▼ 20.1% |
| Tangible fixed assets22/27 | €4,300 | €3,437 | ▼ 20.1% |
| Plant, machinery and equipment23 | €2,852 | €2,272 | ▼ 20.3% |
| Furniture and vehicles24 | €1,341 | €1,059 | ▼ 21.1% |
| Assets under construction and advance payments27 | €107 | €107 | = |
| Current assets29/58 | €28,283 | €2,187 | ▼ 92.3% |
| Amounts receivable within one year40/41 | €23,745 | €2,187 | ▼ 90.8% |
| Trade receivables40 | €23,047 | €1,000 | ▼ 95.7% |
| Other amounts receivable41 | €697 | €1,187 | ▲ 70.2% |
| Cash at bank and in hand54/58 | €4,538 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €32,582 | €5,624 | ▼ 82.7% |
| Equity10/15 | €2,356 | -€337 | - |
| Contributions10/11 | €1,700 | €1,700 | = |
| Capital10 | €1,700 | - | - |
| Issued capital100 | €1,700 | - | - |
| Reserves13 | €170 | €170 | = |
| Non-distributable reserves130/1 | €170 | - | - |
| Legal reserve130 | €170 | - | - |
| Tax-exempt reserves132 | - | €170 | - |
| Profit (loss) carried forward14 | €486 | -€2,207 | - |
| Amounts payable17/49 | €30,227 | €5,961 | ▼ 80.3% |
| Amounts payable within one year42/48 | €30,227 | €5,961 | ▼ 80.3% |
| Trade debts44 | €27,012 | €3,069 | ▼ 88.6% |
| Suppliers440/4 | €5,510 | €2,069 | ▼ 62.5% |
| Bills of exchange payable441 | €21,502 | €1,000 | ▼ 95.3% |
| Taxes, remuneration and social security45 | €3,214 | €2,893 | ▼ 10.0% |
| Taxes450/3 | €893 | €893 | = |
| Remuneration and social security454/9 | €2,322 | €2,000 | ▼ 13.9% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €656 | -€2,692 | - |
| + Depreciation and write-downs630 | €119 | €862 | ▲ 625% |
| Operating cash flow (approximation) | €774 | -€1,830 | - |
| Investment in fixed assets (approximation) | - | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2024 | micro format | 30-04-2025 | 2025-00085450 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00075630 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0789.944.640
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46025B0179/09E000 | Flanders | 7,219 m² | 1 · 1,412 m² | 16.4 m · 4 |