VMV CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of VMV CONSTRUCT is 3.0% (moderate). The 2025 annual accounts show equity of €18,426 and a net result of €14,926. Its solvency ranks better than 36% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €18,426
- Profit
- €14,926
Why 51raises riskFounded in 2025Size: total assets €53,420Last filed accounts filed 31 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 36% on solvency, 12% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: FRUNZA Traian (director) ·…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466849.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Gross operating margin9900 | €19,905 |
| Operating profit (loss)9901 | €19,905 |
| Financial charges65/66B | €3 |
| Recurring financial charges65 | €3 |
| Profit (loss) for the period before taxes9903 | €19,902 |
| Income taxes67/77 | €4,976 |
| Profit (loss) for the period9904 | €14,926 |
| Profit (loss) for the period to be appropriated9905 | €14,926 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €53,420 | |
| Current assets29/58 | €53,420 | |
| Amounts receivable within one year40/41 | €51,104 | |
| Trade receivables40 | €46,128 | |
| Other amounts receivable41 | €4,976 | |
| Cash at bank and in hand54/58 | €2,316 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €53,420 | |
| Equity10/15 | €18,426 | |
| Contributions10/11 | €3,500 | |
| Profit (loss) carried forward14 | €14,926 | |
| Amounts payable17/49 | €34,994 | |
| Amounts payable within one year42/48 | €34,994 | |
| Trade debts44 | €22,490 | |
| Suppliers440/4 | €22,490 | |
| Advances received on contracts in progress46 | €5,300 | |
| Taxes, remuneration and social security45 | €4,976 | |
| Taxes450/3 | €4,976 | |
| Other amounts payable47/48 | €2,228 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €14,926 |
| Operating cash flow (approximation) | €14,926 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00466849 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FRUNZA Traian |
|
Owners and capital
Capital and shareholders
- FRUNZA Traian 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 14-03-2025 Incorporation · €3,500 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
14-03
Gazette deed
IncorporationAppointment: FRUNZA Traian (director) · Founder · Founding capital7 facts ▸
- Incorporation, “VMV CONSTRUCT” (deed in Dutch)
- Founder, FRUNZA Traian
- Founding capital, €3,500
- Registered office clause, “1930 Zaventem, Excelsiorlaan”, 71 (deed in Dutch)
- Board rule, 1
- Director appointment, FRUNZA Traian (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 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 1020.955.187
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 |
|---|---|---|---|---|
| 23094D0036/00W000 | Flanders | 5,436 m² | 1 · 1,487 m² | 12.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VMV CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13: BEVOEGDHEDEN VAN HET BESTUURSORGAAN Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, onbepaalde duur” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht in de winstverdeling” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissend in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, recht algemene vergadering een of…” (deed in Dutch)