Equity
VMC CONSTRUCT paid out €173,880 in dividends. That is 16% of the 2025 profit.
VMC CONSTRUCT paid out €173,880 in dividends. That is 16% of the 2025 profit.
The result rose in 2025 from €735,923 to €1.1m.
Green is investment, beige is depreciation. Machinery stands 45.6% higher than in 2024.
Between 2011 and 2025, 59% of the full-time equivalents disappeared.
Two of the last ten came late. The 2021 accounts came latest: 25 days after the end of the period.
Higher net result than 95% of companies in construction of buildings. Sector median €19,022 · 2,812 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 61% of them on solvency, 40% on liquidity, 77% on profitability and 77% 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 31,368 companies had the same profile as VMC CONSTRUCT has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VMC CONSTRUCT itself: 0.2% within 12 months.
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 31,368 companies, not a prediction for VMC 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.
Liquidity is ample, with a current ratio of 2.43 (1.45 in 2024), above the usual 1.5. Short-term debt is 30.2% and cash 4.4% of total assets. 47.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VMC CONSTRUCT Knokke-Heist | €5.6m | €3.0m | 52.8% | 6.8 |
| LA MAISON DE DEMAIN Paliseul | €4.6m | €4.5m | 48.1% | 5.6 |
| DEMUYNCK BOUW Moorslede | €5.8m | €2.3m | 9.8% | 11.5 |
| BOUWONDERNEMING DSV CROP Tielt | €5.2m | €2.2m | 23.7% | 7.9 |
| ALGEMENE BOUWONDERNEMING LUC SCHERPEREEL Wielsbeke | €4.5m | €1.5m | 94.8% | 6.1 |
| CREATO KEUKENS Kortrijk | €3.7m | €1.6m | 68.8% | 5.5 |
| CORPUSS Wervik | €4.3m | €1.4m | 39.7% | 9.8 |
These companies have the same main activity as VMC CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €3.7m and €5.8m, founded between 1988 and 2011.
VMC CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €608,945 in 2007 to €3.0m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 64% of 2,818 companies in 2025.
Higher than 69% of 2,746 companies in 2025.
Higher than 85% of 2,782 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 1 person left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
5.6m | 5.8m | 4.9m | 3.6m | 4.7m | 4.4m | 4.8m | 4.7m | 4.4m | 3.8m | 3.3m | 3.2m | 2.6m | 2.6m | 1.1m | 1.4m | 1.2m | 1.3m | 1.4m | |
21/28 |
1.5m | 1.2m | 1.2m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.4m | 1.4m | 1.5m | 1.4m | 1.3m | 1.6m | 609,842 | 666,614 | 584,903 | 689,484 | 747,015 | |
21 |
10 | 35 | 60 | 85 | 639 | 3,974 | 7,418 | 10,862 | 11,658 | - | - | - | - | - | - | - | - | - | - | |
22/27 |
1.5m | 1.2m | 1.2m | 1.0m | 1.1m | 1.1m | 1.2m | 1.2m | 1.4m | 1.4m | 1.5m | 1.4m | 1.3m | 1.6m | 607,551 | 664,323 | 582,612 | 687,193 | 739,976 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 396,420 | 413,291 | 400,000 | 425,000 | 450,000 | 475,000 | |
23 |
587,744 | 403,675 | 344,201 | 157,986 | 174,006 | 256,633 | 218,727 | 229,436 | 341,671 | 234,232 | 297,669 | 234,629 | 232,689 | 122,898 | 178,361 | 182,647 | 83,897 | 112,774 | 123,552 | |
24 |
152,363 | 128,408 | 125,093 | 144,809 | 184,729 | 120,693 | 129,993 | 85,077 | 154,210 | 197,126 | 238,012 | 147,648 | 38,618 | 33,635 | 15,899 | 81,676 | 73,715 | 124,420 | 141,423 | |
25 |
559,950 | 600,536 | 641,121 | 681,706 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
186,016 | 110,330 | 89,965 | 40,631 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 2,525 | 4,581 | 4,303 | 4,354 | 3,354 | 2,949 | 2,949 | 2,666 | 2,291 | 2,291 | 2,291 | 2,291 | 2,291 | 7,040 | |
29/58 |
4.1m | 4.6m | 3.7m | 2.5m | 3.6m | 3.3m | 3.7m | 3.5m | 3.0m | 2.4m | 1.8m | 1.8m | 1.3m | 941,347 | 515,897 | 717,297 | 632,124 | 633,123 | 610,951 | |
29 |
367,124 | 299,455 | 41,170 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
367,124 | 299,455 | 41,170 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
403,914 | 339,823 | 307,624 | 221,368 | 245,982 | 297,360 | 591,820 | 596,560 | 212,146 | 99,600 | 43,231 | 63,102 | 64,997 | 96,261 | 41,579 | 214,348 | 140,750 | 97,000 | 22,000 | |
30/36 |
403,914 | 339,823 | 307,624 | 221,368 | 245,982 | 297,360 | 591,820 | 596,560 | 212,146 | 99,600 | 43,231 | 63,102 | 64,997 | 96,261 | 41,579 | 214,348 | 140,750 | 97,000 | 22,000 | |
40/41 |
2.9m | 2.2m | 2.5m | 1.8m | 2.8m | 2.2m | 2.9m | 2.7m | 2.6m | 2.1m | 1.6m | 1.3m | 1.1m | 772,701 | 286,374 | 390,718 | 373,515 | 297,132 | 386,033 | |
40 |
2.5m | 1.9m | 2.3m | 1.7m | 2.6m | 1.9m | 2.5m | 2.3m | 2.1m | 1.5m | 1.2m | 964,607 | 720,601 | 717,070 | 263,182 | 373,060 | 340,760 | 252,913 | 370,375 | |
41 |
377,534 | 275,191 | 224,865 | 186,335 | 203,853 | 308,300 | 410,569 | 413,812 | 518,843 | 539,393 | 434,011 | 385,126 | 340,935 | 55,631 | 23,192 | 17,658 | 32,755 | 44,219 | 15,658 | |
50/53 |
191,492 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
246,046 | 1.8m | 824,965 | 478,266 | 568,598 | 719,466 | 125,328 | 230,204 | 136,504 | 272,116 | 117,218 | 346,627 | 171,261 | 53,348 | 171,549 | 96,391 | 108,266 | 237,170 | 198,588 | |
490/1 |
- | - | - | - | 35,415 | 35,590 | 50,928 | 22,039 | 16,268 | 20,470 | 20,113 | 19,603 | 13,972 | 19,037 | 16,395 | 15,840 | 9,593 | 1,821 | 4,329 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
5.6m | 5.8m | 4.9m | 3.6m | 4.7m | 4.4m | 4.8m | 4.7m | 4.4m | 3.8m | 3.3m | 3.2m | 2.6m | 2.6m | 1.1m | 1.4m | 1.2m | 1.3m | 1.4m | |
10/15 |
3.0m | 2.1m | 1.3m | 1.1m | 994,227 | 823,114 | 646,588 | 1.1m | 1.1m | 967,461 | 831,734 | 622,213 | 438,476 | 240,254 | 236,758 | 223,454 | 215,893 | 208,754 | 151,583 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | 63,000 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
2.9m | 2.0m | 1.3m | 1.1m | 975,627 | 804,514 | 680,061 | 701,160 | 669,203 | 576,939 | 544,784 | 203,877 | 192,576 | 45,596 | 45,596 | 45,597 | 45,597 | 45,597 | 45,597 | |
130/1 |
- | - | 6,300 | 6,300 | 6,300 | 6,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | 6,300 | |
1311 |
- | - | 6,300 | 6,300 | 6,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 6,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
139,976 | 181,766 | 223,555 | 246,325 | 87,920 | 96,709 | 92,852 | 113,951 | 121,687 | 129,423 | 143,852 | 158,281 | 146,979 | - | - | - | - | - | - | |
133 |
2.8m | 1.9m | 1.1m | 876,059 | 881,407 | 701,505 | 580,909 | 580,909 | 541,216 | 441,216 | 394,632 | 39,296 | 39,297 | 39,296 | 39,296 | 39,297 | 39,297 | 39,297 | 39,297 | |
14 |
- | - | - | - | - | - | -52,073 | 333,058 | 333,058 | 327,522 | 223,950 | 355,336 | 182,900 | 131,658 | 128,162 | 114,857 | 107,297 | 100,157 | 42,987 | |
16 |
346,659 | 60,589 | 74,518 | 82,507 | 29,306 | 32,236 | 72,861 | 84,040 | 86,849 | 89,207 | 96,111 | 111,191 | 75,682 | - | - | - | - | - | - | |
160/5 |
300,000 | - | - | - | - | - | 25,050 | 25,364 | 24,189 | 22,564 | 22,038 | 29,689 | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | - | 11,850 | 12,164 | 10,989 | - | - | - | - | - | - | - | - | - | - | |
164/5 |
300,000 | - | - | - | - | - | 13,200 | 13,200 | 13,200 | - | - | - | - | - | - | - | - | - | - | |
168 |
46,659 | 60,589 | 74,518 | 82,507 | 29,306 | 32,236 | 47,812 | 58,676 | 62,659 | 66,643 | 74,073 | 81,502 | 75,682 | - | - | - | - | - | - | |
17/49 |
2.3m | 3.7m | 3.5m | 2.3m | 3.7m | 3.6m | 4.1m | 3.6m | 3.2m | 2.7m | 2.4m | 2.4m | 2.1m | 2.3m | 888,981 | 1.2m | 1.0m | 1.1m | 1.2m | |
17 |
605,711 | 535,405 | 635,743 | 584,141 | 713,529 | 773,529 | 909,377 | 835,589 | 983,153 | 996,569 | 1.2m | 1.1m | 1.2m | 1.5m | 554,026 | 620,009 | 546,143 | 613,821 | 683,273 | |
170/4 |
605,711 | 535,405 | 635,743 | 584,141 | 713,529 | 773,529 | 909,377 | 835,589 | 983,153 | 996,569 | 1.2m | 1.1m | 1.2m | 1.5m | 554,026 | 620,009 | 546,143 | 613,821 | 683,273 | |
42/48 |
1.7m | 3.2m | 2.8m | 1.8m | 3.0m | 2.8m | 3.2m | 2.7m | 2.3m | 1.8m | 1.2m | 1.3m | 940,928 | 838,228 | 334,597 | 540,424 | 454,965 | 500,032 | 521,950 | |
42 |
142,227 | 131,866 | 145,955 | 118,468 | 126,013 | 135,923 | 281,845 | 270,734 | 195,652 | 183,541 | 185,009 | 123,571 | 125,227 | 120,890 | 65,983 | 190,912 | 192,677 | 210,129 | 213,613 | |
43 |
- | - | - | - | - | 375,000 | - | - | - | - | - | - | 125,000 | 125,000 | 125,000 | - | - | - | - | |
430/8 |
- | - | - | - | - | 375,000 | - | - | - | - | - | - | 125,000 | 125,000 | 125,000 | - | - | - | - | |
44 |
1.2m | 2.8m | 2.5m | 1.4m | 2.7m | 2.2m | 2.8m | 2.3m | 2.0m | 1.4m | 864,402 | 954,261 | 638,678 | 488,511 | 109,790 | 326,010 | 144,349 | 258,854 | 266,163 | |
440/4 |
1.2m | 2.8m | 2.5m | 1.4m | 2.7m | 2.2m | 2.8m | 2.3m | 2.0m | 1.4m | 864,402 | 954,261 | 638,678 | 488,511 | 109,790 | 326,010 | 144,349 | 258,854 | 266,163 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,630 | - | - | - | - | 2,071 | - | |
45 |
169,314 | 195,743 | 127,570 | 111,932 | 120,175 | 113,910 | 68,198 | 76,225 | 96,507 | 151,068 | 171,759 | 176,103 | 45,973 | 31,302 | 29,035 | 20,553 | 47,874 | 23,936 | 39,181 | |
450/3 |
124,442 | 140,144 | 81,737 | 55,570 | 25,011 | 23,703 | 4,349 | 37,984 | 54,639 | 91,076 | 122,323 | 135,599 | 29,777 | 7,330 | 4,786 | 8,797 | 35,406 | 11,528 | 28,110 | |
454/9 |
44,872 | 55,599 | 45,834 | 56,362 | 95,164 | 90,207 | 63,849 | 38,241 | 41,868 | 59,993 | 49,436 | 40,504 | 16,196 | 23,972 | 24,249 | 11,756 | 12,468 | 12,408 | 11,071 | |
47/48 |
173,880 | 460 | 64,096 | 106,898 | - | 20,815 | 46,295 | 47,320 | 2,920 | 2,920 | 2,190 | 64,420 | 2,420 | 72,525 | 4,789 | 2,949 | 70,065 | 5,042 | 2,992 | |
492/3 |
- | - | - | - | - | 3,661 | 878 | 242 | 339 | - | - | 5,919 | 12,192 | 797 | 358 | 25 | 25 | - | 1,160 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | 9.2m | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.3m | 2.5m | |
76A |
- | 3,860 | 1,250 | 275,350 | 11,742 | 82,061 | 25,338 | 14,112 | 4,384 | 3,409 | 31,270 | 57,192 | 234,470 | 29,220 | 40,340 | - | 12,391 | - | 5,138 | |
9900 |
3.0m | 2.0m | 1.4m | 1.2m | 1.3m | 1.4m | 808,638 | 1.0m | 1.2m | 1.1m | 1.2m | 1.2m | 855,035 | 816,566 | 752,705 | 624,628 | 607,457 | 639,770 | 608,945 | |
60/61 |
- | - | - | 8.3m | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.8m | 1.9m | |
62 |
495,318 | 465,794 | 429,873 | 436,955 | 688,489 | 806,224 | 789,073 | 642,192 | 666,454 | 659,051 | 632,443 | 640,146 | 612,226 | 660,844 | 637,246 | 358,362 | 327,934 | 334,108 | 329,934 | |
630 |
231,422 | 191,621 | 148,638 | 143,389 | 189,723 | 193,526 | 232,941 | 247,890 | 282,868 | 229,187 | 217,199 | 154,883 | 111,937 | 109,334 | 83,095 | 115,955 | 125,955 | 141,127 | 185,809 | |
631/4 |
90,000 | 5,874 | 235,202 | - | - | 6,805 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
635/8 |
300,000 | - | - | - | - | -25,050 | -315 | 1,175 | 1,625 | 526 | -7,651 | 29,689 | - | - | - | - | - | 609 | 1,563 | |
640/8 |
92,813 | 118,886 | 163,309 | 107,885 | 105,717 | 92,095 | 112,479 | 68,405 | 29,576 | 22,190 | 19,718 | 18,737 | 18,794 | 15,063 | 7,249 | 11,145 | 3,268 | 22,789 | 2,788 | |
66A |
786 | - | 16,913 | - | 16,511 | - | 1,049 | 403 | - | 4,196 | 17,250 | 7,274 | 9,090 | 8,045 | 2,986 | 86,013 | 5,179 | - | - | |
9901 |
1.8m | 1.2m | 361,408 | 558,750 | 302,745 | 324,276 | -326,588 | 76,014 | 171,254 | 230,546 | 353,203 | 346,322 | 112,078 | 31,325 | 25,115 | 139,166 | 150,300 | 141,137 | 88,851 | |
75/76B |
55,547 | 45,328 | - | 11,207 | 2,101 | 3,235 | 35,614 | 20,832 | 41,839 | 38,270 | 41,379 | 34,353 | 20,624 | 3,005 | 1,985 | 5,352 | 1,882 | 1,078 | 710 | |
75 |
55,547 | 45,328 | - | 11,207 | 2,101 | 3,235 | 35,614 | 20,832 | 41,839 | 38,270 | 41,379 | 34,353 | 20,624 | 3,005 | 1,985 | 5,352 | 1,882 | 1,078 | 710 | |
65/66B |
226,959 | 138,728 | 82,733 | 135,472 | 117,984 | 148,477 | 124,097 | 40,971 | 54,481 | 61,301 | 95,460 | 61,545 | 58,054 | 52,009 | 47,945 | 47,375 | 49,194 | 53,426 | 44,921 | |
65 |
226,959 | 138,728 | 82,733 | 135,472 | 117,984 | 148,477 | 124,097 | 40,971 | 54,481 | 61,301 | 95,460 | 61,545 | 58,054 | 52,009 | 47,945 | 47,375 | 49,194 | 53,426 | 44,921 | |
9903 |
1.6m | 1.1m | 278,674 | 434,485 | 186,862 | 179,034 | -415,071 | 55,875 | 158,612 | 206,728 | 313,142 | 369,048 | 300,028 | 3,496 | 16,509 | 11,130 | 110,200 | 88,788 | 49,779 | |
780 |
13,930 | 13,930 | 7,988 | 1,800 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | - | - | 55,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
530,916 | 376,012 | 107,527 | 83,328 | 18,679 | 18,083 | 2,023 | 27,902 | 64,796 | 78,431 | 111,052 | 117,990 | 26,124 | - | 3,204 | 3,570 | 37,178 | 31,618 | 14,553 | |
9904 |
1.1m | 735,923 | 179,135 | 297,957 | 171,113 | 163,881 | -406,230 | 31,957 | 97,800 | 135,727 | 209,520 | 245,238 | 198,221 | 3,496 | 13,305 | 7,560 | 73,022 | 57,171 | 35,226 | |
789 |
41,789 | 41,789 | 22,770 | 6,595 | 8,789 | 8,790 | 21,099 | 7,736 | 7,736 | 14,429 | 14,429 | 22,165 | 7,736 | - | - | - | - | - | - | |
689 |
- | - | - | 165,000 | - | - | - | - | - | - | - | 33,467 | 154,715 | - | - | - | - | - | - | |
9905 |
1.1m | 777,713 | 201,905 | 139,552 | 179,902 | 172,671 | -385,131 | 39,693 | 105,536 | 150,156 | 223,949 | 233,936 | 51,242 | 3,496 | 13,305 | 7,560 | 73,022 | 57,171 | 35,226 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
1.1m | 777,713 | 201,905 | 139,552 | 179,902 | 120,598 | -52,073 | 372,750 | 433,058 | 374,106 | 579,285 | 416,836 | 182,900 | 131,658 | 128,162 | 114,857 | 173,179 | 100,157 | 42,987 | |
791/2 |
173,880 | - | - | 144,900 | - | 52,073 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
1.1m | 777,713 | 201,905 | 139,552 | 179,902 | 172,671 | - | 39,693 | 100,000 | 46,584 | 355,335 | - | - | - | - | - | - | - | - | |
6921 |
1.1m | 777,713 | 201,905 | 139,552 | 179,902 | 172,671 | - | 39,693 | 100,000 | 46,584 | 355,335 | - | - | - | - | - | - | - | - | |
694/7 |
173,880 | - | - | 144,900 | - | - | - | - | - | - | - | 61,500 | - | - | - | - | 65,882 | - | - | |
694 |
173,880 | - | - | 144,900 | - | - | - | - | - | - | - | 61,500 | - | - | - | - | 65,882 | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
6.8 | 6.4 | 6.8 | 7.6 | 12 | 14.3 | 12.7 | 12.6 | 12.8 | 13.8 | 15.1 | 14.3 | 13.5 | 16 | 16.6 | 8.3 | 8.4 | 7.7 | 8.2 | |
Hours worked1013 |
11,244 | 10,752 | 10,349 | 10,565 | 18,040 | 21,173 | 21,013 | 19,284 | 20,449 | 21,536 | 21,360 | 21,589 | 20,531 | 23,027 | 23,329 | 13,264 | 11,871 | 12,715 | 13,311 | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 30-01-2026 | 2026-00029205 | |
| 30-06-2024 | abbreviated format | 31-01-2025 | 2025-00024949 | |
| 30-06-2023 | abbreviated format | 23-02-2024 | 2024-00034639 | |
| 30-06-2022 | abbreviated format | 25-01-2023 | 2023-00005348 | |
| 30-06-2021 | abbreviated format | 25-02-2022 | 2022-06400380 | |
| 30-06-2020 | abbreviated format | 30-11-2020 | 2020-72900408 | |
| 30-06-2019 | abbreviated format | 15-01-2020 | 2020-01100131 | |
| 30-06-2018 | abbreviated format | 24-01-2019 | 2019-02000444 | |
| 30-06-2017 | abbreviated format | 12-01-2018 | 2018-01000008 | |
| 30-06-2016 | abbreviated format | 16-01-2017 | 2017-01100596 | |
| 30-06-2015 | abbreviated format | 13-01-2016 | 2016-01000349 | |
| 30-06-2014 | abbreviated format | 15-01-2015 | 2015-01200328 | |
| 30-06-2013 | abbreviated format | 19-02-2014 | 2014-04100141 | |
| 30-06-2012 | abbreviated format | 26-02-2013 | 2013-04600233 | |
| 30-06-2011 | abbreviated format | 23-02-2012 | 2012-04200370 | |
| 30-06-2010 | abbreviated format | 11-01-2011 | 2011-00500062 | |
| 30-06-2009 | abbreviated format | 28-01-2010 | 2010-02500151 | |
| 30-06-2008 | abbreviated format | 10-12-2008 | 2008-84600244 | |
| 30-06-2007 | abbreviated format | 06-12-2007 | 2007-82300236 | |
| 30-06-2006 | abbreviated format | 11-12-2006 | 2006-90404073 | |
| 30-06-2005 | abbreviated format | 08-12-2005 | 2005-89002209 | |
| 30-06-2004 | abbreviated format | 24-12-2004 | 2004-87805124 | |
| 30-06-2003 | abbreviated format | 09-12-2003 | 2003-82504010 | |
| 30-06-2002 | abbreviated format | 18-12-2002 | 2002-77401534 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.0m | 1.4m | 510,046 | 702,139 | 492,468 | 517,802 | -93,647 | 323,904 | 454,122 | 459,733 | 570,402 | 501,205 | 224,015 | 140,659 | 108,210 | 255,120 | 276,255 | 282,264 | 274,661 | ||
| 1.3m | 927,545 | 327,773 | 441,346 | 360,836 | 357,407 | -173,289 | 279,847 | 380,668 | 364,914 | 426,719 | 400,121 | 310,158 | 112,830 | 96,400 | 123,515 | 198,977 | 198,298 | 221,035 | ||
| 479,663 | 234,165 | 323,861 | 86,940 | 128,212 | 180,849 | 223,396 | 28,540 | 332,019 | 85,051 | 339,518 | 225,177 | 206,027 | 1.2m | 54,318 | 219,324 | 58,349 | 88,345 | 636,860 | ||
| -1.5m | 962,487 | 346,698 | -90,332 | -150,868 | 594,138 | -104,876 | 93,700 | -135,612 | 154,898 | -229,409 | 175,366 | 117,913 | -118,201 | 75,158 | -11,875 | -128,904 | 38,581 | - | ||
| 2.4m | 1.4m | 835,240 | 787,714 | 654,397 | 485,839 | 465,523 | 798,963 | 738,449 | 693,275 | 592,120 | 460,710 | 370,838 | 103,119 | 181,300 | 176,873 | 177,159 | 133,091 | 89,001 | ||
| - | - | - | 6.1% | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.2% | 3.6% | ||
| 52.8% | 35.4% | 27.2% | 32.2% | 21.1% | 18.6% | 13.3% | 22.4% | 24.2% | 25.4% | 25.0% | 19.6% | 16.6% | 9.3% | 21.0% | 16.1% | 17.7% | 15.8% | 11.2% | ||
| 2.43 | 1.45 | 1.29 | 1.45 | 1.22 | 1.17 | 1.14 | 1.29 | 1.33 | 1.40 | 1.48 | 1.35 | 1.39 | 1.12 | 1.54 | 1.33 | 1.39 | 1.27 | 1.17 | ||
| 2.19 | 1.34 | 1.19 | 1.32 | 1.14 | 1.07 | 0.96 | 1.07 | 1.23 | 1.34 | 1.45 | 1.30 | 1.33 | 1.01 | 1.42 | 0.93 | 1.08 | 1.07 | 1.13 | ||
| 0.78 | 1.80 | 2.61 | 2.04 | 3.70 | 4.35 | 6.39 | 3.39 | 3.05 | 2.84 | 2.88 | 3.92 | 4.84 | 9.76 | 3.75 | 5.19 | 4.64 | 5.34 | 7.96 | ||
| 36.1% | 35.7% | 13.5% | 26.0% | 17.2% | 19.9% | -62.8% | 3.0% | 9.2% | 14.0% | 25.2% | 39.4% | 45.2% | 1.5% | 5.6% | 3.4% | 33.8% | 27.4% | 23.2% | ||
| 19.1% | 12.6% | 3.7% | 8.4% | 3.6% | 3.7% | -8.4% | 0.7% | 2.2% | 3.6% | 6.3% | 7.7% | 7.5% | 0.1% | 1.2% | 0.5% | 6.0% | 4.3% | 2.6% | ||
| 8.76 | 9.97 | 6.16 | 5.18 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | 66 days | - | - | - | - | - | - | - | - | - | - | - | - | - | 40 days | 54 days | ||
| - | - | - | 62 days | - | - | - | - | - | - | - | - | - | - | - | - | - | 53 days | 50 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 8 | 6 | 7 |
| full-time | 7 | 8 | 6 | 7 |
| in full-time equivalents | 7 | 8 | 6 | 7 |
| 6.8 | 6.4 | 6.8 | 7.6 | |
| On a permanent contract | 6 | 8 | 6 | 7 |
| Joined | 0 | 2 | 0 | 0 |
| Left | 1 | 0 | 1 | 2 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €747,938 | €535,405 | €708,698 | €629,609 |
| Mortgages, amount registered | €250,000 | €250,000 | €250,000 | €250,000 |
| €174,579 | €174,579 | €174,579 | €174,579 | |
| Carrying value of the mortgaged assets | €559,950 | €600,536 | €641,121 | €681,706 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €479,663 | €234,165 | €323,861 | €86,940 |
| €231,422 | €191,621 | €148,638 | €143,389 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 48% higher than in 2024 and the highest since 2007. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 63.6% to 41.0%. Equity is higher and debt is lower.
VMC CONSTRUCT has no parent and no holdings in its annual accounts. KNOKKE BUILDING COMPANY is the only director. VMC CONSTRUCT shares no director with another company.
| FAC CONSTRUCT
registered office since 23-04-2015 · founded in 2015 · negative equity (2025) |
total assets €545,956 (2025) 0628.830.907 |
| Knokke Building Company
registered office since 20-04-2004 · founded in 2004 |
1 FTE (2025) 0863.577.340 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| 't Walletje 93 registered office 8300 Knokke-Heist 4100106 General construction of residential buildings | 13-02-2001 | 2.101.207.070 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31039F0126/00P002 | 2,532 m² | 1 · 1,754 m² | 9.5 m · 3 |
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. Use the enterprise number 0473.746.713
If something looks wrong or is missing, please tell us.