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VP CONSTRUCT

Active
Private limited companyfounded 2010active for 16 yearsEllestraat 21, 3020 Herent, BelgiumKBO/BCE: BE 0823.199.705
Summary

VP CONSTRUCT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €936,733 and a net result of €198,522. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 87% of 2,772 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001
7th largest company by equity in Herent, Construction sector1 site
Size
€1.2mtotal assets 2025
Equity
€936,733
Profit
€198,522
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 38 days early1 of 4 deeds summarised
Why 97raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskEquity €936,733 (79.4% of total assets)Figures for financial year 2025 (filed 24-03-2026)Founded in 2010Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 100+32
equity 79.4% of total assets
Liquidity 64+37
short-term debt 16.6% · cash 14.7%
Profitability 90+79
return on assets 16.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▲ +0.2 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.1%▼ -0.3 percentage points vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.59, compared with 1.74 in 2024, above the usual 1.5; short-term debt: 16.6% and cash: 14.7% of total assets), and 20.6% of the assets are financed with debt and provisions.
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 41, micro): better than 92% on solvency, 69% on liquidity, 75% on profitability and 70% on growth.

The bankruptcy probability was computed on 26-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €936,733 (79.4% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 24-03-2026)
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
37 days early
2023
43 days early
2022
34 days early
2021
33 days early
2020
31 days early
2019
22 days 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 34 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 24 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end27-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €198,522
  3. Liquidity more than triplescurrent ratio 5.59

Financials · financial year 2025, abbreviated format

Equity
€936,733▲ 28.1%
2024 · €731,396
Total assets
€1.2m▼ 30.8%
2024 · €1.7m
Net result
€198,522
2024 · -€101,292
Working capital
€900,199▲ 35.6%
2024 · €663,977
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result returns to profit in 2025: €275,101 after a loss of €64,247 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.2m▼ 33.3%€0.2m▲ 4.4%-€0.07m€0.5m-€0.06m€0.3m
Net result€0.2m-€0.1mabove the sector's middle half▼ 34.3%€0.1mabove the sector's middle half▲ 18.0%-€0.1mbelow the sector's middle half€0.3mabove the sector's middle half-€0.1mbelow the sector's middle half€0.2mabove the sector's middle half
Equity€0.4m-€0.5mwithin the sector's middle half▲ 28.4%€0.6mwithin the sector's middle half▲ 26.1%€0.5mwithin the sector's middle half▼ 16.8%€0.8mabove the sector's middle half▲ 67.6%€0.7mwithin the sector's middle half▼ 12.2%€0.9mabove the sector's middle half▲ 28.1%
Total assets€1.6m-€1.3mwithin the sector's middle half▼ 19.5%€1.8mwithin the sector's middle half▲ 37.0%€2.1mwithin the sector's middle half▲ 17.5%€2.2mabove the sector's middle half▲ 3.9%€1.7mwithin the sector's middle half▼ 21.1%€1.2mwithin the sector's middle half▼ 30.8%
Debt€1.2m-€0.8m▼ 33.8%€1.2m▲ 43.3%€1.6m▲ 35.0%€1.3m▼ 16.1%€1.0m▼ 26.6%€0.2m▼ 75.0%
Working capital€0.3m-€0.5mwithin the sector's middle half▲ 28.8%€0.6mabove the sector's middle half▲ 25.6%€0.5mwithin the sector's middle half▼ 17.4%€0.8mabove the sector's middle half▲ 72.3%€0.7mabove the sector's middle half▼ 17.6%€0.9mabove the sector's middle half▲ 35.6%
Solvency23.0%-36.7%within the sector's middle half▲ 13.7pp33.8%within the sector's middle half▼ 2.9pp23.9%within the sector's middle half▼ 9.9pp38.6%within the sector's middle half▲ 14.7pp42.9%within the sector's middle half▲ 4.3pp79.4%above the sector's middle half▲ 36.5pp
Current ratio1.28-1.55within the sector's middle half▲ 0.271.51within the sector's middle half▼ 0.041.31within the sector's middle half▼ 0.211.62within the sector's middle half▲ 0.321.74within the sector's middle half▲ 0.125.59above the sector's middle half▲ 3.85
Return on assets (ROA)9.9%-8.1%within the sector's middle half▼ 1.8pp7.0%within the sector's middle half▼ 1.1pp-4.8%below the sector's middle half▼ 11.8pp15.6%above the sector's middle half▲ 20.4pp-5.9%below the sector's middle half▼ 21.5pp16.8%above the sector's middle half▲ 22.8pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €83,626 ▼ 40.5%
Current assets €1.1m ▼ 29.9%
Equity and liabilities €1.2m
Equity €936,733 ▲ 28.1%
Debt €243,225 ▼ 75.0%
Debt's share of the balance-sheet total falls from 57.1% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€302,843▲
2024 · -€41,338
Cash flow
€226,265▲
2024 · -€78,383
Quick ratio
1.00▲
2024 · 0.19
Debt to equity
0.26▼
2024 · 1.33
ROE
21.2%▲
2024 · -13.8%
Interest coverage
10.19▲
2024 · -1.09
Debt ≤ 1 year
€196,133▼
2024 · €900,319
Debt > 1 year
€42,445▼
2024 · €59,389
Income taxes
€48,562▲
2024 · €418
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 17,811 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.2m▼
Fixed assets21/28€0.1m€0.08m▼
Tangible fixed assets22/27€0.1m€0.08m▼
Plant, machinery and equipment23€0.01m€0.002m▼
Furniture and vehicles24€0.1m€0.08m▼
Current assets29/58€1.6m€1.1m▼
Stocks and contracts in progress3€1.4m€0.9m▼
Stocks30/36€1.4m€0.9m▼
Amounts receivable within one year40/41€0.1m€0.02m▼
Trade receivables40€0.02m€0.005m▼
Other amounts receivable41€0.1m€0.01m▼
Cash at bank and in hand54/58€0.05m€0.2m▲
Deferred charges and accrued income490/1€0.005m€0.003m▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.2m▼
Equity10/15€0.7m€0.9m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.8m€0.9m▲
Distributable reserves133€0.8m€0.9m▲
Profit (loss) carried forward14-€0.1m-
Amounts payable17/49€1.0m€0.2m▼
Amounts payable after more than one year17€0.06m€0.04m▼
Financial debts170/4€0.06m€0.04m▼
Amounts payable within one year42/48€0.9m€0.2m▼
Current portion of amounts payable after more than one year42€0.6m€0.2m▼
Financial debts43€0.02m-
Other loans439€0.02m-
Trade debts44€0.001m€0.008m▲
Suppliers440/4€0.001m€0.008m▲
Other amounts payable47/48€0.2m€0.02m▼
Accrued charges and deferred income492/3€0.01m€0.005m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.03m▲
Other operating charges640/8€0.001m€0.001m▲
Non-recurring operating charges66A-€31
Gross operating margin9900-€0.04m€0.3m▲
Operating profit (loss)9901-€0.06m€0.3m▲
Financial income75/76B€0.001m€0.002m▲
Recurring financial income75€0.001m€0.002m▲
Financial charges65/66B€0.04m€0.03m▼
Recurring financial charges65€0.04m€0.03m▼
Profit (loss) for the period before taxes9903-€0.1m€0.2m▲
Income taxes67/77€418€0.05m▲
Profit (loss) for the period9904-€0.1m€0.2m▲
Profit (loss) for the period to be appropriated9905-€0.1m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m€0.1m▲
Profit (loss) brought forward from the previous period14P--€0.1m
Transfer from equity791/2-€0.009m
Transfer to equity691/2-€0.1m
To other reserves6921-€0.1m

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,847€15,802€21,267€24,092€22,035€22,909€27,743▲ 21.1%
Other operating charges640/8---€2,828€1,108€1,147€1,178▲ 2.7%
Non-recurring operating charges66A---€272--€31-
Gross operating margin9900€286,218€199,363€212,559-€47,253€535,612-€40,191€304,052-
Operating profit (loss)9901€270,932€180,600€188,523-€74,445€512,469-€64,247€275,101-
Financial income75/76B---€376€1,440€1,407€1,698▲ 20.7%
Recurring financial income75€2,028€491€2,805€376€1,440€1,407€1,698▲ 20.7%
Financial charges65/66B---€25,758€64,948€38,035€29,715▼ 21.9%
Recurring financial charges65€24,849€16,318€14,618€25,758€64,948€38,035€29,715▼ 21.9%
Profit (loss) for the period before taxes9903€248,111€164,773€176,710-€99,827€448,961-€100,875€247,084-
Income taxes67/77€88,691€60,079€53,165€499€113,129€418€48,562▲ 116×
Profit (loss) for the period9904€159,420€104,694€123,545-€100,326€335,832-€101,292€198,522-
Profit (loss) for the period to be appropriated9905€159,420€104,694€123,545-€100,326€335,832-€101,292€198,522-
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.6m€1.3m€1.8m€2.1m€2.2m€1.7m€1.2m▼ 30.8%
Fixed assets21/28€0.03m€0.03m€0.1m€0.08m€0.06m€0.1m€0.08m▼ 40.5%
Tangible fixed assets22/27€0.02m€0.03m€0.1m€0.08m€0.06m€0.1m€0.08m▼ 40.5%
Plant, machinery and equipment23---€0.03m€0.02m€0.01m€0.002m▼ 84.1%
Furniture and vehicles24---€0.05m€0.04m€0.1m€0.08m▼ 36.3%
Financial fixed assets28€0.002m-------
Current assets29/58€1.6m€1.3m€1.7m€2.0m€2.1m€1.6m€1.1m▼ 29.9%
Stocks and contracts in progress3€1.0m€0.8m€0.9m€1.8m€1.0m€1.4m€0.9m▼ 35.3%
Stocks30/36---€1.8m€1.0m€1.4m€0.9m▼ 35.3%
Amounts receivable within one year40/41€0.2m€0.03m€0.2m€0.09m€0.005m€0.1m€0.02m▼ 83.8%
Trade receivables40---€0.02m€0.003m€0.02m€0.005m▼ 68.8%
Other amounts receivable41---€0.07m€0.002m€0.1m€0.01m▼ 86.0%
Current investments50/53----€1.0m---
Cash at bank and in hand54/58€0.4m€0.4m€0.6m€0.1m€0.1m€0.05m€0.2m▲ 273%
Deferred charges and accrued income490/1---€0.006m€0.006m€0.005m€0.003m▼ 33.3%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.3m€1.8m€2.1m€2.2m€1.7m€1.2m▼ 30.8%
Equity10/15€0.4m€0.5m€0.6m€0.5m€0.8m€0.7m€0.9m▲ 28.1%
Contributions10/11€0.02m--€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.3m€0.4m€0.6m€0.6m€0.8m€0.8m€0.9m▲ 12.8%
Non-distributable reserves130/1---€0.002m----
Reserves not available under the articles1311---€0.002m----
Distributable reserves133---€0.6m€0.8m€0.8m€0.9m▲ 12.8%
Profit (loss) carried forward14€0.02m€0.02m€0.02m-€0.08m--€0.1m--
Amounts payable17/49€1.2m€0.8m€1.2m€1.6m€1.3m€1.0m€0.2m▼ 75.0%
Amounts payable after more than one year17--€0.06m€0.04m€0.02m€0.06m€0.04m▼ 28.5%
Financial debts170/4---€0.04m€0.02m€0.06m€0.04m▼ 28.5%
Amounts payable within one year42/48€1.2m€0.8m€1.1m€1.5m€1.3m€0.9m€0.2m▼ 78.2%
Current portion of amounts payable after more than one year42---€1.4m€1.2m€0.6m€0.2m▼ 73.6%
Financial debts43---€0.02m-€0.02m--
Other loans439---€0.02m-€0.02m--
Trade debts44€0.003m€0.03m€0.02m€0.08m€0.003m€0.001m€0.008m▲ 924%
Suppliers440/4---€0.08m€0.003m€0.001m€0.008m▲ 924%
Taxes, remuneration and social security45----€0.01m---
Taxes450/3----€0.01m---
Other amounts payable47/48---€0.02m€0.1m€0.2m€0.02m▼ 91.3%
Accrued charges and deferred income492/3---€0.008m€0.008m€0.01m€0.005m▼ 66.2%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€159,420€104,694€123,545-€100,326€335,832-€101,292€198,522-
+ Depreciation and write-downs630€9,847€15,802€21,267€24,092€22,035€22,909€27,743▲ 21.1%
Operating cash flow (approximation)€169,267€120,496€144,812-€76,234€357,867-€78,383€226,265-
Investment in fixed assets (approximation)--€15,974-€93,306-€5,240€0-€105,419€29,206-
Change in cash-€25,001€213,744-€502,979-€42,682-€50,505€126,688-

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

Download as CSV

Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 abbreviated format 23-03-2026 2026-00060717
30-09-2024 abbreviated format 24-03-2025 2025-00054193
30-09-2023 abbreviated format 18-03-2024 2024-00045725
30-09-2022 abbreviated format 27-03-2023 2023-00047092
30-09-2021 abbreviated format 28-03-2022 2022-08900542
30-09-2020 abbreviated format 30-03-2021 2021-08900402
30-09-2019 abbreviated format 08-04-2020 2020-08900048
30-09-2018 abbreviated format 25-03-2019 2019-07700490
30-09-2017 abbreviated format 27-03-2018 2018-08000021
30-09-2016 abbreviated format 22-03-2017 2017-06800551

Show all 15 filings

Similar companies · same sector, comparable size

Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,272. 6,687 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2023
This board is reconstructed from a single act (23401565). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
PANS Rita Maria Albertine
Director (not named in the articles)
Current
PANS Rudi Antoine Philippina
Director (not named in the articles)
Current
VAN HUMBEEK René Maria
Director (not named in the articles)
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
PANS Rita Maria Albertine
  • Manager, until 04-10-2023
  • Director (not named in the articles), since before 04-10-2023
PANS Rudi Antoine Philippina
  • Manager, until 04-10-2023
  • Director (not named in the articles), since before 04-10-2023
VAN HUMBEEK René Maria
  • Manager, until 04-10-2023
  • Director (not named in the articles), since before 04-10-2023
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 04-10-2023 Converted to unavailable equity · €18,900

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 12 February 2010, VP CONSTRUCT was incorporated.1 Total assets went from €1.6m in 2019 to €1.2m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
23-03
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
30-09
Financial Back to profitnet €198,522
Net result €198,522 after one loss-making year.
30-09
Financial Liquidity more than triplescurrent ratio 5.59
Current ratio from 1.74 to 5.59; short-term debt falls from €900,319 to €196,133.
24-03
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
2024
30-09
Financial Weakest financial yearnet -€101,292
Net result drops to -€101,292, the lowest in the series; recovery starts the following year.
18-03
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
04-10
Gazette deed Resignations: PANS Rita Maria Albertine, PANS Rudi Antoine Philippina and VAN HUMBEEK René Maria
Reappointments: PANS Rita Maria Albertine, PANS Rudi Antoine Philippina and VAN HUMBEEK René Maria · Amendment of the articles · Capital conversion15 facts ▸
  • Other provision, 05-09-2023
  • General meeting, “3020 Herent,Ellestraat 21/C, Rechtspersonenregister van Leuven” (deed in Dutch)
  • Amendment of the articles (2 times)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “middelen beschikbaar maken voor uitkering, vormen en meerderheden van de statutenwijziging” (deed in Dutch)
  • Capital
  • Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Director resignation, PANS Rita Maria Albertine (manager)
  • Director resignation, PANS Rudi Antoine Philippina (manager)
  • Director resignation, VAN HUMBEEK René Maria (manager)
  • Director reappointment, PANS Rita Maria Albertine (director (not named in the articles))
  • Director reappointment, PANS Rudi Antoine Philippina (director (not named in the articles))
  • +3 further facts in this act
30-09
Financial Back to profitnet €335,832
Net result €335,832 after one loss-making year.
30-09
Financial Equity above €500,000equity €832,688 ▲67.6%
Equity rises from €496,857 to €832,688.
27-03
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
28-03
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
30-09
Financial Equity above €500,000equity €597,183 ▲26.1%
A profit in every financial year since 2019 builds equity to €597,183.
Show earlier events
30-03
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
08-04
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
25-03
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
27-03
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
22-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded12-02-2010
Financial year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0823199705
Also 9925:BE0823199705
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 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 0823.199.705

Environmental permits

11 applications in Flanders since 2018 · 11 granted
Bouwen of herbouwen
Granted on 20-11-2023submitted 03-09-2023authority: Bertemproject 2023110885
Bouwen of herbouwen
Granted on 20-12-2021submitted 09-10-2021authority: Bertemproject 2021158474
Verwijderen van vrijstaande gebouwen
Granted on 06-12-2021submitted 14-08-2021Subdivisionauthority: Bertemproject 2021131339
Verwijderen van vrijstaande gebouwen
Granted on 30-08-2021submitted 14-06-2021Subdivisionauthority: Bertemproject 2021103104
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 27-05-2021submitted 02-02-2021authority: Keerbergenproject 2021017940
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 19-11-2020submitted 04-08-2020authority: Keerbergenproject 2020101779
Bouwen of herbouwen
Granted on 28-07-2020submitted 03-04-2020authority: Overijseproject 2020044566
Bouwen of herbouwen
Granted on 08-01-2020submitted 13-10-2019authority: Kortenbergproject 2019128308
Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 16-05-2019submitted 25-04-2019authority: Keerbergenproject 2019054149
Bouwen of herbouwen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen
Granted on 14-03-2019submitted 08-01-2019authority: Keerbergenproject 2019001107

The 10 most recent of 11 applications.

Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2010
registered office establishment The establishment unit on the map
Ground area
2,197 m²
Building footprint
363 m²
Building volume
2,093 m³
2 parcels, Flanders · tallest building 9.8 m. Linked by address, not a title deed.
1 establishment unit
Ellestraat 21C, 3020 Herent
General construction of residential buildings
since 2010unit no. 2.185.847.389
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
24127A0204/00K002 Flanders 1,342 m² 1 · 219 m² 8.2 m · 2
24127A0214/00M000 Flanders 855 m² 1 · 145 m² 9.8 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De aankoop van bouw-en industriegronden,het optrekken van gebouwen en garages en de verkoop hiervan,alsmede de deelverkoop(appartementen)…” (deed in Dutch)
36 activities (deed in Dutch)
  1. De aankoop van bouw-en industriegronden,het optrekken van gebouwen en garages en de verkoop hiervan,alsmede de deelverkoop(appartementen).
  2. Zij mag alle goederen,zowel roerende als onroerende,alle uitbatings-en uitvoeringsgoederen,en in algemene zin,alle handels-,industriële of financiële handelingen,die rechtstreeks of onrechtstreeks betrekking hebben op haar voorwerp zich toeëigenen,geven,in huur nemen of geven,oprichten,vervreemden of uitwisselen.
  3. Onderneming voor het oprichten van gebouwen,zowel ruwbouw als afwerking,als sleutel op de deur en geprefabriceerde bouwwerken;
  4. Het aannemen van alle bouw-,grond-,riolerings-en voegwerken,dakbedekking,aanleggen van alle bevloering,alsook herstellingen en restauratie van bestaande gebouwen;
  5. Onderneming in algemene bouwwerken,ondernemingen en slopingswerken van gebouwen en kunstwerken;
  6. Ondernemingen voor het waterdicht maken;
  7. Ondernemingen voor plafoneer-,cementeer-en andere pleisterwerken;
  8. Ondernemingen van metsel-,beton-,vloer-en faiencewerken;
  9. Ondernemingen van hout-en schrijnwerk;
  10. Ondernemingen van lood-,zinkwerk en centrale verwarming;
  11. Onderneming voor het plaatsen van afsluitingen en omheiningen;
  12. Onderneming voor recyclage van teelaarde,aanvulgrond en steenslag;
  13. Onderneming voor grond-en loonwerken;
  14. Onderneming voor het invoegen(voegwerken zowel elastische als cementvoegwerken),het reinigen van gevels en vochtbestrijding.
  15. Onderneming voor alle mogelijke veranderingswerken aan gebouwen;
  16. Onderneming in het leveren van alle diensten,producten en materialen die rechtstreeks of onrechtstreeks met hoger gemelde activiteiten verwant zijn.
  17. Dit alles kan gedaan worden zowel voor eigen rekening als voor rekening van derden en volledig en gedeeltelijk als bemiddeling van onderaannemers.De vennootschap mag eveneens,zowel in het groot als in het klein alle producten produceren en verhandelen die met het aannemingsbedrijf verwant zijn.
  18. Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
  19. Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard,in de ruimste zin,met uitzondering van beleggingsadviezen;activiteiten in verband met secretariaat,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
  20. Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen.
  21. Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
  22. Alle activiteiten als tussenpersoon en alle handelingen in de vastgoedsector alsmede het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen zoals het bouwen,verbouwen,onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borgstellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
  23. De vennootschap mag dus en zonder dat deze opsomming beperkend weze alle onroerende goederen,gebouwen en gronden,aankopen,verkopen,ruilen,huren en verhuren,verkavelen,in vruchtgebruik geven en nemen,recht van opstal verlenen en krijgen,uitbaten,in waarde brengen,besturen,toezicht uitoefenen,alle studies ontwerpen en plannen opvatten,laten maken en laten uitwerken,optreden als verhuring-en verkoopagent,als bestuurder of gerant,van flatgebouwen of alle vastgoedcomplexen,alle hoegenaamde gebouwen of bouwwerken laten bouwen,afwerken,veranderen,omvormen,onderhouden,herstellen,versieren,opschikken,afbreken.
  24. Dit alles ter uitsluiting van alle activiteiten die aan een wettelijk erkennings-en inschrijvingsregime onderworpen zijn.
  25. De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in’t kort als tussenpersoon in de handel
  26. Patrimoniumbeheer,zowel roerend als onroerend,bedrijfsuitrustingen,in de meest uitgebreide zin genomen,zowel voor eigen rekening als voor rekening van derden.
  27. De vennootschap heeft eveneens tot voorwerp het huren,verhuren,in het algemeen in renting geven,aan-en verkopen van personen-en bedrijfswagens,alle industrieel en bureelmateriaal,alsook van alle andere materialen,goederen en installaties en dit zowel van roerende als onroerende aard.
  28. De vennootschap mag onder iedere vorm,zelfs samensmelting of door het verlenen van borgstellingen,in alle bestaande en/of nog op te richten industriële en handelsondernemingen deelnemen.
  29. Zij mag haar voorwerp,zowel in België als in het buitenland uitoefenen en nastreven,zowel rechtstreeks als onrechtstreeks,zowel voor eigen rekening als voor rekening en op risico van derden.
  30. Alle handelingen in de breedste zin van burgerlijke,handels-,financiële,administratieve,industriële of technische aard,inbegrepen de huur/financiering in het gebied van de onroerende goederen,in rechtstreekse verbinding met aanwinst,verkoop,bouw,herbouw,promotie,ontwikkeling,huur en uitbating van onroerende goederen van welke aard ook.
  31. De vennootschap heeft tevens de studie,de research en het wetenschappelijk onderzoek in verband met de constructie,ontwikkeling en verbetering van het bovenvermelde tot voorwerp.
  32. De vennootschap mag haar voorwerp verwezenlijken,zowel in België als in het buitenland,op alle wijzen en manieren die zij het best geschikt acht.
  33. De vennootschap zal door middel van inbreng,fusie,inschrijving of van om het even welke andere wijze mogen deelnemen aan alle ondernemingen,verenigingen en vennootschappen,zowel in België als in het buitenland,die een gelijkaardig voorwerp nastreven of waarvan het voorwerp in enig verband met het hare staat of die kunnen bijdragen tot haar ontwikkeling of deze in de hand werken.
  34. De vennootschap mag,zowel in België als in het buitenland,op welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk of een samenhangend voorwerp hebben,of die de ontwikkeling van haar onderneming kunnen bevorderen.
  35. Zij mag eveneens zich borg stellen voor zulke ondernemingen,voor zover dit in haar voordeel is.
  36. Zij kan eveneens bestuurder of vereffenaar van andere vennootschappen zijn.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
VP CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, 2” (deed in Dutch)

deed of 04-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)

deed of 04-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Kan in elektronische vorm, aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Helft overdrager helft kopers naar evenredigheid aantal verworven aandelen, elke overdracht onder levenden ten bezwarende of kosteloze titel…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Inbreng in geld met uitgifte van nieuwe aandelen recht van voorkeur, bestaande aandeelhouders naar evenredigheid aantal aandelen” (deed in Dutch)

deed of 04-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of March at 15:00

deed of 04-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)

deed of 04-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Effecten ondeelbaar een eigenaar per effect voor uitoefening rechten, ondeelbaarheid van effecten” (deed in Dutch)
Other provision: “Bestuursbevoegdheid, geheel bevoegdheden met mogelijkheid deel te delegeren” (deed in Dutch)
Other provision: “Vergoeding van bestuurders, op_algemene_kosten_los_van_representatie-_reis-_en_verplaatsingskosten” (deed in Dutch)
Other provision: “Een of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Bestuurder,bij gebrek aanwezige aandeelhouder met meeste aandelen,bij pariteit oudste, zittingen processen-verbaal” (deed in Dutch)
Other provision: “Drie weken, bestuursorgaan” (deed in Dutch)
Other provision: “Bestemming winst reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie en na evenwicht bij niet-volgestorte aandelen via bijkomende volstorting of…” (deed in Dutch)
Other provision: “Alle mededelingen,aanmaningen,dagvaardingen,betekeningen geldig, woonstkeuze” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, elk geschil zaken vennootschap en uitvoering statuten tussen…” (deed in Dutch)
Other provision: “Niet-afgeweken WVV-bepalingen geacht ingeschreven,strijdige clausules met dwingende bepalingen geacht niet geschreven, gemeen recht” (deed in Dutch)
4 more provisions in the deed, see the deed of 04-10-2023

deed of 04-10-2023