VP BouwTech
ActiveSummary
VP BouwTech has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€41,246) and a net result of -€54,914. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-70
Solvency11▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.51 in 2024; short-term debt: 113.5% and cash: 4.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
-13.5%
Return on assets
-18%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 -€41,246
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 01-12-2025, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
61 d early
2024
59 d early
2023
65 d early
2022
67 d early
2021
63 d early
2020
65 d early
2019
63 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 63 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 29 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€41,246
2024 · €13,668
Total assets
€305,105▼ 3.2%
2024 · €315,270
Net result
-€54,914
2024 · €3,651
Working capital
-€224,878▼ 52.1%
2024 · -€147,843
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€876▼ 97.8%-€27,857€2,677€5,418▲ 102%-€53,289
Net result€620below the sector's middle half▼ 98.3%-€29,952below the sector's middle half€55below the sector's middle half€3,651within the sector's middle half▲ 6,595%-€54,914below the sector's middle half
Equity€39,914within the sector's middle half▲ 1.6%€9,962below the sector's middle half▼ 75.0%€10,017below the sector's middle half▲ 0.5%€13,668below the sector's middle half▲ 36.4%-€41,246below the sector's middle half
Total assets€295,245above the sector's middle half▲ 7.5%€362,176above the sector's middle half▲ 22.7%€318,709above the sector's middle half▼ 12.0%€315,270above the sector's middle half▼ 1.1%€305,105above the sector's middle half▼ 3.2%
Debt€255,331▲ 8.5%€352,214▲ 37.9%€308,692▼ 12.4%€301,603▼ 2.3%€346,352▲ 14.8%
Working capital-€106,649below the sector's middle half▼ 6.4%-€142,100below the sector's middle half▼ 33.2%-€165,038below the sector's middle half▼ 16.1%-€147,843below the sector's middle half▲ 10.4%-€224,878below the sector's middle half▼ 52.1%
Solvency13.5%below the sector's middle half▼ 0.8pp2.8%below the sector's middle half▼ 10.8pp3.1%below the sector's middle half▲ 0.4pp4.3%below the sector's middle half▲ 1.2pp-13.5%below the sector's middle half▼ 17.9pp
Current ratio0.55below the sector's middle half▲ 0.030.59below the sector's middle half▲ 0.030.47below the sector's middle half▼ 0.120.51below the sector's middle half▲ 0.040.35below the sector's middle half▼ 0.16
Return on assets (ROA)0.2%below the sector's middle half▼ 13.4pp-8.3%below the sector's middle half▼ 8.5pp0.0%below the sector's middle half▲ 8.3pp1.2%within the sector's middle half▲ 1.1pp-18.0%below the sector's middle half▼ 19.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €53,289 after €5,418 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €305,105
Fixed assets
€183,632 ▲ 13.7%
Current assets
€121,474 ▼ 21.0%
Key figures and ratios
EBITDA
-€33,368▼
2024 · €30,445
Cash flow
-€34,993▼
2024 · €28,678
Quick ratio
0.11▼
2024 · 0.44
Debt to equity
-8.40▼
2024 · 22.07
Interest coverage
-18.18▼
2024 · 15.61
Debt ≤ 1 year
€346,352▲
2024 · €301,603
Income taxes
€87▼
2024 · €221
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,240 | €7,573 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,468 | €20,729 | €23,908 | €25,027 | €19,921 | ▼ 20.4% |
| Other operating charges640/8 | - | €1,515 | €1,044 | €558 | €817 | ▲ 46.3% |
| Gross operating margin9900 | €20,427 | -€5,613 | €27,629 | €31,003 | -€32,551 | ▼ 205% |
| Operating profit (loss)9901 | €876 | -€27,857 | €2,677 | €5,418 | -€53,289 | ▼ 1,084% |
| Financial income75/76B | - | €203 | €149 | €405 | €298 | ▼ 26.4% |
| Recurring financial income75 | €1,537 | €203 | €149 | €405 | €298 | ▼ 26.4% |
| Financial charges65/66B | - | €1,859 | €1,849 | €1,950 | €1,836 | ▼ 5.9% |
| Recurring financial charges65 | €1,405 | €1,859 | €1,849 | €1,950 | €1,836 | ▼ 5.9% |
| Profit (loss) for the period before taxes9903 | €1,008 | -€29,513 | €977 | €3,872 | -€54,827 | ▼ 1,516% |
| Income taxes67/77 | €387 | €440 | €923 | €221 | €87 | ▼ 60.6% |
| Profit (loss) for the period9904 | €620 | -€29,952 | €55 | €3,651 | -€54,914 | ▼ 1,604% |
| Profit (loss) for the period to be appropriated9905 | €620 | -€29,952 | €55 | €3,651 | -€54,914 | ▼ 1,604% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €295,245 | €362,176 | €318,709 | €315,270 | €305,105 | ▼ 3.2% |
| Fixed assets21/28 | €162,564 | €161,062 | €175,055 | €161,511 | €183,632 | ▲ 13.7% |
| Tangible fixed assets22/27 | €77,564 | €76,062 | €90,055 | €76,511 | €98,632 | ▲ 28.9% |
| Land and buildings22 | - | €22,852 | €43,738 | €42,748 | €46,625 | ▲ 9.1% |
| Plant, machinery and equipment23 | - | €7,284 | €5,840 | €12,578 | €13,659 | ▲ 8.6% |
| Furniture and vehicles24 | - | €45,925 | €40,477 | €21,185 | €38,348 | ▲ 81.0% |
| Financial fixed assets28 | €85,000 | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Current assets29/58 | €132,681 | €201,115 | €143,654 | €153,760 | €121,474 | ▼ 21.0% |
| Stocks and contracts in progress3 | €92,997 | €155,661 | €90,817 | €20,918 | €83,721 | ▲ 300% |
| Stocks30/36 | - | €155,661 | €90,817 | €20,918 | €83,721 | ▲ 300% |
| Amounts receivable within one year40/41 | €30,862 | €36,128 | €37,070 | €86,842 | €17,932 | ▼ 79.4% |
| Trade receivables40 | - | €36,128 | €32,106 | €83,590 | €9,112 | ▼ 89.1% |
| Other amounts receivable41 | - | - | €4,964 | €3,252 | €8,820 | ▲ 171% |
| Cash at bank and in hand54/58 | €6,844 | €7,498 | €14,157 | €40,455 | €13,165 | ▼ 67.5% |
| Deferred charges and accrued income490/1 | - | €1,828 | €1,610 | €5,544 | €6,655 | ▲ 20.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €295,245 | €362,176 | €318,709 | €315,270 | €305,105 | ▼ 3.2% |
| Equity10/15 | €39,914 | €9,962 | €10,017 | €13,668 | -€41,246 | ▼ 402% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €113,109 | €113,109 | €113,109 | €113,109 | €113,109 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €111,249 | €111,249 | €113,109 | €113,109 | = |
| Profit (loss) carried forward14 | -€91,795 | -€121,747 | -€121,693 | -€118,042 | -€172,956 | ▼ 46.5% |
| Amounts payable17/49 | €255,331 | €352,214 | €308,692 | €301,603 | €346,352 | ▲ 14.8% |
| Amounts payable after more than one year17 | €14,000 | €7,000 | - | - | - | - |
| Financial debts170/4 | - | €7,000 | - | - | - | - |
| Amounts payable within one year42/48 | €239,331 | €343,214 | €308,692 | €301,603 | €346,352 | ▲ 14.8% |
| Current portion of amounts payable after more than one year42 | - | €7,000 | €7,000 | - | - | - |
| Trade debts44 | €14,275 | €3,802 | €4,274 | €4,339 | €40,738 | ▲ 839% |
| Suppliers440/4 | - | €3,802 | €4,274 | €4,339 | €40,738 | ▲ 839% |
| Taxes, remuneration and social security45 | - | €7,361 | €3,042 | €3,264 | €8,840 | ▲ 171% |
| Taxes450/3 | - | €5,298 | €3,042 | €3,264 | €3,130 | ▼ 4.1% |
| Remuneration and social security454/9 | - | €2,063 | - | - | €5,710 | - |
| Other amounts payable47/48 | - | €325,051 | €294,376 | €294,000 | €296,774 | ▲ 0.9% |
| Accrued charges and deferred income492/3 | - | €2,000 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €620 | -€29,952 | €55 | €3,651 | -€54,914 | ▼ 1,604% |
| + Depreciation and write-downs630 | €18,468 | €20,729 | €23,908 | €25,027 | €19,921 | ▼ 20.4% |
| Operating cash flow (approximation) | €19,088 | -€9,224 | €23,963 | €28,678 | -€34,993 | ▼ 222% |
| Investment in fixed assets (approximation) | - | -€19,227 | -€37,901 | -€11,483 | -€42,042 | ▼ 266% |
| Change in cash | - | €653 | €6,659 | €26,298 | -€27,290 | ▼ 204% |
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
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet -€54,914
Net result drops to -€54,914, the lowest in the series.
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €55
Net result €55 after one loss-making year.
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Highest result since 2019net €37,317 ▲8%
Operating result €39,124, net result €37,317, both a record.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
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 5 acts read
About the unread acts
We know of 5 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
5 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, Lommel · 1 establishment unit since 2003
Ground area
3,207 m²
Building footprint
197 m²
Parcel 72345B0792/00A000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Jovilec
since 20032.134.408.982
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72345B0792/00A000 | Flanders | 3,207 m² | 1 · 197 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
28.33%
According to the annual accounts to 30-06-2025 of VP BouwTech and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 6,341 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
Founded05-11-2003
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
96210Hairdressing and barber services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861501936
Also
9925:BE0861501936
Registered
19-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.