Equity
€235,574 ▼ 6.2%
VPV CONSTRUCT has made a profit in every financial year since 2018.
VPV CONSTRUCT
Lifetime
8 annual accounts with figures on one time axispeak €190,735 (2019)
€13,150▼ 87.1%
peak €146,468 (2019)
€6,140▼ 69.6%
peak €251,034 (2024)
€235,574▼ 6.2%
€96,419▼ 49.6%
Board2 names since 2017
-
Documentsfilings and deeds
07-10-2026249 days late
2025micro format
Gross margin from €102,087 to €13,150Result from €20,180 to €6,140Debts from €191,446 to €96,419Investments €4,602Cash from €2,186 to €5,994
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The accounts state no turnover.
Investments
€4,601 5.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
2.80 was 2.01 in 2024
Short-term debts fell from €191,446 to €96,419.
Filings
8 annual accounts 249 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€235,574
More equity than 86% of companies in specialised construction. Sector median €57,818 · 37,225 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as VPV CONSTRUCT has now. Each dot stands for 13 companies, two years later.
93.9%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for VPV CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardManager, until 2022
- 100 sharesdeed of 22-04-2022
Recent changes
Registered office moved within Brussels
New registered office: Rue des Augustins 43, 1000 Bruxelles · Previous registered office: Rue de la Chanterelle 38, 1020 Bruxelles · General meeting of 19:30 · Gazette deed
Registered office moved within Brussels
New registered office: RUE DE LA CHANTERELLE 38, 1020 BRUXELLES · Previous registered office: AVENUE JEAN PALFYN 52 BOITE 1, 1020 BRUXELLES · Gazette deed
Registered office moved within Brussels
New registered office: AVENUE JEAN PALFYN 52 BTE 1, 1020 BRUXELLES · Previous registered office: AVENUE JEAN PALFYN 30 BOITE4, 1020 BRUXELLES · Resignation: (manager) · Gazette deed
Registered office moved within Brussels
New registered office: Avenue Jean Palfyn 52 boîte 4, 1020 Bruxelles · Previous registered office: Avenue Jean Palfyn 30/1, 1020 Bruxelles · General meeting of 02-03-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VPV CONSTRUCT Brussels | €331,993 | €13,150 | 71.0% | - |
| INTERIEURWERKEN VDB Schoten | €297,710 | €10,699 | 92.0% | - |
| WOODSON Antwerp | €339,849 | €10,157 | 2.1% | - |
| Maxivision Brussels | €316,938 | €18,209 | 15.1% | - |
| FOLKS WOOD Uccle | €283,930 | €15,231 | -6.9% | - |
| Schrijnwerkerij Ryckebosch Stabroek | €303,703 | €14,170 | 35.7% | - |
| ML WINDOWS Mouscron | €309,413 | €9,126 | 1.0% | - |
These companies have the same main activity as VPV CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €284,000 and €340,000, founded between 2013 and 2019.
Official details
Source: KBO- Status
- Active since 28-03-2017Normal situation
- Activity
- Joinery installationNACE 43320and 5 others
- Establishment unit
- 2.271.752.8661000 Brussels, since 01-04-2017
- Financial year end
- 30 June
- Peppol
- Reachable
Insights on VPV CONSTRUCT
VPV CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €26,846 in 2018 to €13,150 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VPV CONSTRUCT
- What is the company number of VPV CONSTRUCT?
- The company number of VPV CONSTRUCT is 0673.555.627. The VAT number is the same number with BE in front: BE 0673.555.627.
- Where is VPV CONSTRUCT based?
- The registered office is at Augustijnenstraat 43, 1000 Brussels.Company details
- What does VPV CONSTRUCT do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of VPV CONSTRUCT?
- VPV CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was VPV CONSTRUCT founded?
- VPV CONSTRUCT was founded on 28-03-2017.
- Is VPV CONSTRUCT still active?
- Yes, VPV CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of VPV CONSTRUCT?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €13,150 and 56 comparable companies (NACE 43320). It probably lies between €82,000 and €260,000. It is a rough estimate. In financial year 2023 turnover was €422,539.Financials
- Is VPV CONSTRUCT profitable?
- In financial year 2025, VPV CONSTRUCT made a profit of €6,140.
- Where can I find the annual accounts of VPV CONSTRUCT?
- VPV CONSTRUCT filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VPV CONSTRUCT due?
- VPV CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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