VO Constructions
ActiveThe computed 12-month bankruptcy probability of VO Constructions is 2.6% (moderate). The 2024 annual accounts show equity of €33k and a net result of €5k. Its solvency ranks better than 43% of 9984 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
61
/ 100
Healthy▼ -32 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-31
Solvency55▼-45
Growth52
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.94 against 2.26 in 2023), and 64.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
35.9%
Return on assets
5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-08-2025, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
7 d late
2023
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 9.7%
2023 · €30k
2023: €30k
2023 → 2024
Total assets
€93k▲ 101%
2023 · €46k
2023: €46k
2023 → 2024
Net result
€5k▼ 84.1%
2023 · €29k
2023: €29k
2023 → 2024
Working capital
€-2k
2023 · €19k
2023: €19k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€30k-€33k▲ 9.7%
Operating result€41k-€13k▼ 67.4%
Net result€29k-€5k▼ 84.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€60k▲ 410%
Current assets
€33k▼ 4.5%
Equity and liabilities €93k
Equity
€33k▲ 9.7%
Debt
€60k▲ 276%
The debt ratio rises from 34.3% to 64.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€25k▼
2023 · €44k
Cash flow
€16k▼
2023 · €32k
Solvency
35.9%▼
2023 · 65.7%
Current ratio
0.94▼
2023 · 2.26
Quick ratio
0.94▼
2023 · 2.26
Debt / equity
1.78▲
2023 · 0.52
ROE
13.9%▼
2023 · 95.4%
ROA
5.0%▼
2023 · 62.7%
Interest coverage
4.00▼
2023 · 265.10
Debt
€60k▲
2023 · €16k
Debt ≤ 1 year
€35k▲
2023 · €15k
Debt > 1 year
€24k
Income taxes
€3k▼
2023 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€46k€93k▲
Fixed assets21/28€12k€60k▲
Tangible fixed assets22/27€11k€60k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€10k€59k▲
Financial fixed assets28€500-
Current assets29/58€35k€33k▼
Amounts receivable within one year40/41€8k€18k▲
Trade receivables40€7k€17k▲
Other amounts receivable41€701€877▲
Cash at bank and in hand54/58€26k€15k▼
Equity and liabilities
Total equity and liabilities10/49€46k€93k▲
Equity10/15€30k€33k▲
Contributions10/11€3k€3k=
Reserves13€27k€30k▲
Distributable reserves133€27k€30k▲
Profit (loss) carried forward14€449€113▼
Amounts payable17/49€16k€60k▲
Amounts payable after more than one year17-€24k
Financial debts170/4-€24k
Amounts payable within one year42/48€15k€35k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€2k€14k▲
Suppliers440/4€2k€14k▲
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3€13k€4k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€1k€3k▲
Accrued charges and deferred income492/3€602-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲
Other operating charges640/8€2k€893▼
Gross operating margin9900€46k€26k▼
Operating profit (loss)9901€41k€13k▼
Financial charges65/66B€166€6k▲
Recurring financial charges65€166€6k▲
Profit (loss) for the period before taxes9903€41k€7k▼
Income taxes67/77€12k€3k▼
Profit (loss) for the period9904€29k€5k▼
Profit (loss) for the period to be appropriated9905€29k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€5k▼
Profit (loss) brought forward from the previous period14P-€449
Transfer to equity691/2€27k€3k▼
To other reserves6921€27k€3k▼
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
NBB filing
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
Registered office, Antwerpen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Vincentiusstraat 492018 AntwerpenGround area
545 m²
Building footprint
214 m²
Volume, LiDAR
2,892 m³
Parcel 11806F1342/00X006, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VO Constructions
since 20222.334.444.857
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1342/00X006 | Flanders | 545 m² | 1 · 214 m² | 16.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NICO BATI
BE 1010.317.950
Charleroi · Eq €33k
Familiale Liège Hesbaye
BE 0419.921.809
Awans · Eq €33k
INDIGO CONSTRUCT
BE 0862.433.532
Overijse · Eq €33k
MUR-BET DECOR
BE 0786.628.824
Steenokkerzeel · Eq €33k
Van Wezemael Aannemingen
BE 0797.621.201
Bornem · Eq €33k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 12,423 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2022
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.