VLP CONSTRUCT
ActiveSummary
VLP CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€60,611) and a net result of -€16,959. Equity is shrinking by ~116.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.71 in 2024; short-term debt: 174.8% and cash: 80.7% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-74.8%
Return on assets
-20.9%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€60,611
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 08-01-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
50 d early
2023
48 d early
2022
4 d early
2021
53 d early
2020
59 d early
2019
57 d early
← 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 42 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€60,611▼ 38.9%
2024 · -€43,652
Total assets
€81,028▼ 23.6%
2024 · €106,069
Net result
-€16,959▲ 57.8%
2024 · -€40,167
Working capital
-€60,611▼ 38.9%
2024 · -€43,652
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,409€32,133▲ 494%-€12,468-€33,374▼ 168%-€13,255▲ 60.3%
Net result-€6,924▲ 35.3%€28,449-€23,477-€40,167▼ 71.1%-€16,959▲ 57.8%
Equity-€8,457▼ 452%€19,992-€3,485-€43,652▼ 1,153%-€60,611▼ 38.9%
Total assets€1.1m▲ 58.6%€315,917▼ 70.4%€289,076▼ 8.5%€106,069▼ 63.3%€81,028▼ 23.6%
Debt€1.1m▲ 59.5%€295,925▼ 72.5%€292,561▼ 1.1%€149,721▼ 48.8%€141,639▼ 5.4%
Working capital-€8,457▼ 452%€19,992-€3,485-€43,652▼ 1,153%-€60,611▼ 38.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13,255 in 2025 against €33,374 in 2024; the loss shrinks.
Key figures and ratios
Solvency
-74.8%▼
2024 · -41.2%
Current ratio
0.57▼
2024 · 0.71
Debt to equity
-2.34▲
2024 · -3.43
ROA
-20.9%▲
2024 · -37.9%
Debt ≤ 1 year
€141,639▼
2024 · €149,721
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €43,000 | - | - | - | - |
| Other operating charges640/8 | - | €122 | - | €132 | €4,028 | ▲ 2,959% |
| Gross operating margin9900 | €5,648 | €75,255 | -€12,468 | -€33,242 | -€9,227 | ▲ 72.2% |
| Operating profit (loss)9901 | €5,409 | €32,133 | -€12,468 | -€33,374 | -€13,255 | ▲ 60.3% |
| Financial income75/76B | - | - | - | €5 | - | - |
| Recurring financial income75 | - | - | - | €5 | - | - |
| Financial charges65/66B | - | €3,676 | €11,009 | €6,798 | €3,704 | ▼ 45.5% |
| Recurring financial charges65 | €12,332 | €3,676 | €11,009 | €6,798 | €3,704 | ▼ 45.5% |
| Profit (loss) for the period before taxes9903 | -€6,924 | €28,457 | -€23,477 | -€40,167 | -€16,959 | ▲ 57.8% |
| Income taxes67/77 | - | €8 | - | - | - | - |
| Profit (loss) for the period9904 | -€6,924 | €28,449 | -€23,477 | -€40,167 | -€16,959 | ▲ 57.8% |
| Profit (loss) for the period to be appropriated9905 | -€6,924 | €28,449 | -€23,477 | -€40,167 | -€16,959 | ▲ 57.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €315,917 | €289,076 | €106,069 | €81,028 | ▼ 23.6% |
| Current assets29/58 | €1.1m | €315,917 | €289,076 | €106,069 | €81,028 | ▼ 23.6% |
| Stocks and contracts in progress3 | €444,102 | €239,036 | €248,425 | - | - | - |
| Stocks30/36 | - | €239,036 | €248,425 | - | - | - |
| Amounts receivable within one year40/41 | €619,827 | €37,276 | €15,208 | €26,866 | €15,561 | ▼ 42.1% |
| Trade receivables40 | - | €27,284 | €15,208 | €26,746 | €15,242 | ▼ 43.0% |
| Other amounts receivable41 | - | €9,992 | - | €120 | €319 | ▲ 165% |
| Cash at bank and in hand54/58 | €1,811 | €39,605 | €25,443 | €79,203 | €65,374 | ▼ 17.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €93 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €315,917 | €289,076 | €106,069 | €81,028 | ▼ 23.6% |
| Equity10/15 | -€8,457 | €19,992 | -€3,485 | -€43,652 | -€60,611 | ▼ 38.9% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€28,457 | -€8 | -€23,485 | -€63,652 | -€80,611 | ▼ 26.6% |
| Amounts payable17/49 | €1.1m | €295,925 | €292,561 | €149,721 | €141,639 | ▼ 5.4% |
| Amounts payable within one year42/48 | €1.1m | €295,925 | €292,561 | €149,721 | €141,639 | ▼ 5.4% |
| Trade debts44 | €45,857 | €10,907 | €177 | €11,746 | €200 | ▼ 98.3% |
| Suppliers440/4 | - | €10,907 | €177 | €11,746 | €200 | ▼ 98.3% |
| Taxes, remuneration and social security45 | - | €785 | €466 | - | - | - |
| Taxes450/3 | - | €785 | €466 | - | - | - |
| Other amounts payable47/48 | - | €284,234 | €291,917 | €137,975 | €141,439 | ▲ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,924 | €28,449 | -€23,477 | -€40,167 | -€16,959 | ▲ 57.8% |
| + Depreciation and write-downs630 | - | €43,000 | - | - | - | - |
| Operating cash flow (approximation) | -€6,924 | €71,449 | -€23,477 | -€40,167 | -€16,959 | ▲ 57.8% |
| Change in cash | - | €37,794 | -€14,162 | €53,760 | -€13,829 | ▼ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€40,167
Net result drops to -€40,167, the lowest in the series; recovery starts the following year.
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €28,449
Net result €28,449 after 3 loss-making years.
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
01-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Erpe-Mere · 1 establishment unit since 2015
Ground area
788 m²
Building footprint
170 m²
Parcel 41054A0779/00R000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VLP CONSTRUCT
since 20152.241.966.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41054A0779/00R000 | Flanders | 788 m² | 1 · 170 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 4,055 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-05-2015
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
43221Plumbing work
46130Agents in the wholesale of timber and building materials
Scores and ratios are computed by Checked and are not a credit decision.