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VMQ CONSTRUCT

Inactive
KBO/BCE: BE 0762.480.673

VMQ CONSTRUCT was declared bankrupt on 09-03-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 03-06-2025, published in the Belgian State Gazette on 25-07-2025.

Summary

Inactive; last annual accounts for fiscal year 2021.

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VMQ CONSTRUCTInactive
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Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2021
2 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VMQ CONSTRUCT has filed annual accounts once, for fiscal year 2021.1 On 9 March 2023 the company was declared bankrupt; the bankruptcy was closed on 3 June 2025.23

  1. 1National Bank, annual accounts 2021
  2. 2Belgian State Gazette, 15-03-2023
  3. 3Belgian State Gazette, 25-07-2025

Financials · fiscal year 2021, micro schema

Equity
€10,902
Total assets
€47,240
Net result
€10,902
Working capital
€3,476

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €47,158
Fixed assets €22,397
Current assets €24,761
Equity and liabilities €47,240
Equity €10,902
Debt €36,338
Debt finances 76.9% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€17,767
Cash flow
€12,976
Current ratio
1.16
Quick ratio
1.13
Debt to equity
3.33
ROE
100.0%
ROA
23.1%
Interest coverage
41.43
Debt ≤ 1 year
€21,285
Debt > 1 year
€15,053
Income taxes
€4,365
Staff costs
€35,812
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 42 lines
Balance sheet Code2021
Assets
Total assets20/58€47,240
Formation expenses20€82
Fixed assets21/28€22,397
Tangible fixed assets22/27€22,397
Furniture and vehicles24€22,397
Current assets29/58€24,761
Stocks and contracts in progress3€629
Stocks30/36€629
Amounts receivable within one year40/41€17,125
Trade receivables40€9,119
Other amounts receivable41€8,006
Cash at bank and in hand54/58€7,007
Equity and liabilities
Total equity and liabilities10/49€47,240
Equity10/15€10,902
Reserves13€10,902
Distributable reserves133€10,902
Amounts payable17/49€36,338
Amounts payable after more than one year17€15,053
Financial debts170/4€15,053
Amounts payable within one year42/48€21,285
Current portion of amounts payable after more than one year42€3,197
Trade debts44€10,377
Suppliers440/4€10,377
Taxes, remuneration and social security45€7,710
Taxes450/3€4,365
Remuneration and social security454/9€3,346
Income statement Code2021
Remuneration, social security and pensions62€35,812
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,074
Other operating charges640/8€135
Gross operating margin9900€53,714
Operating profit (loss)9901€15,693
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€429
Recurring financial charges65€429
Profit (loss) for the period before taxes9903€15,267
Income taxes67/77€4,365
Profit (loss) for the period9904€10,902
Profit (loss) for the period to be appropriated9905€10,902
Appropriation of the result
Profit (loss) to be appropriated9906€10,902
Transfer to equity691/2€10,902
To other reserves6921€10,902

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Remuneration, social security and pensions62€35,812
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,074
Other operating charges640/8€135
Gross operating margin9900€53,714
Operating profit (loss)9901€15,693
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€429
Recurring financial charges65€429
Profit (loss) for the period before taxes9903€15,267
Income taxes67/77€4,365
Profit (loss) for the period9904€10,902
Profit (loss) for the period to be appropriated9905€10,902
Line2021
Assets
Total assets20/58€47,240
Formation expenses20€82
Fixed assets21/28€22,397
Tangible fixed assets22/27€22,397
Furniture and vehicles24€22,397
Current assets29/58€24,761
Stocks and contracts in progress3€629
Stocks30/36€629
Amounts receivable within one year40/41€17,125
Trade receivables40€9,119
Other amounts receivable41€8,006
Cash at bank and in hand54/58€7,007
Equity and liabilities
Total equity and liabilities10/49€47,240
Equity10/15€10,902
Reserves13€10,902
Distributable reserves133€10,902
Amounts payable17/49€36,338
Amounts payable after more than one year17€15,053
Financial debts170/4€15,053
Amounts payable within one year42/48€21,285
Current portion of amounts payable after more than one year42€3,197
Trade debts44€10,377
Suppliers440/4€10,377
Taxes, remuneration and social security45€7,710
Taxes450/3€4,365
Remuneration and social security454/9€3,346
Line2021
Profit (loss) for the period9904€10,902
+ Depreciation and write-downs630€2,074
Operating cash flow (approximation)€12,976

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-07
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 03-06-2025
2023
15-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 09-03-2023
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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

Insolvency mandates

3 mandates
Role Name Tenure
Curator JOHAN DEHAESE
LUIKERSTEENWEG 187, 3500 HASSELT
 09-03-2023 → 03-06-2025
Curator LIEVE DEHAESE
LUIKERSTEENWEG 187, 3500 HASSELT
 09-03-2023 → 03-06-2025
Curator JESSIE DECKMYN
LUIKERSTEENWEG 187, 3500 HASSELT-
 09-03-2023 → 03-06-2025

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