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VS ENTREPRISES

Active
Private limited companyfounded 2017active for 9 yearsRue du Château(WB) 63, 6224 Fleurus, BelgiumKBO/BCE: BE 0674.938.866
Summary

The computed 12-month bankruptcy probability of VS ENTREPRISES is 6.5% (elevated). The 2024 annual accounts show negative equity (-€5,633) and a net result of €5,258. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-04-2017 Normal situation
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.263.833.906 6224 Fleurus, since 28-04-2017
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board

Financial position

36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Annual accounts 2024
Gross margin
€27,761
▲ 8.5%
Turnover
≈ €190,000
estimated
Profit
€5,258
Equity
-€5,633
▲ 48.3%
Total assets
€47,625
▼ 29.9%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 151 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 31-12-2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €47,625Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 40% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 13+4
equity -11.8% of total assets
Liquidity 10-12
short-term debt 78.1% · cash 2.3%
Profitability 83+68
return on assets 11.0%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 7.3% 01-2025: 7.3%● unchanged vs 12-2024 02-2025: 7.3%● unchanged vs 01-2025 03-2025: 7.3%● unchanged vs 02-2025 04-2025: 7.3%● unchanged vs 03-2025 05-2025: 7.1%▼ -0.2 percentage points vs 04-2025 06-2025: 6.8%▼ -0.3 percentage points vs 05-2025 07-2025: 6.5%▼ -0.3 percentage points vs 06-2025 08-2025: 7.4%▲ +0.9 percentage points vs 07-2025 09-2025: 7.4%● unchanged vs 08-2025 10-2025: 8.5%▲ +1.1 percentage points vs 09-2025 11-2025: 8.6%▲ +0.1 percentage points vs 10-2025 12-2025: 9.4%▲ +0.8 percentage points vs 11-2025highest value 01-2026: 4.7%▼ -4.7 percentage points vs 12-2025 02-2026: 4.7%● unchanged vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026 04-2026: 4.7%● unchanged vs 03-2026 05-2026: 4.7%● unchanged vs 04-2026 06-2026: 4.4%▼ -0.3 percentage points vs 05-2026 07-2026: 4.4%● unchanged vs 06-2026lowest value 08-2026: 5.1%▲ +0.7 percentage points vs 07-2026 09-2026: 5.3%▲ +0.2 percentage points vs 08-2026 10-2026: 6.5%▲ +1.2 percentage points vs 09-2026 11-2026: 6.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.58 (0.68 in 2023), below 1. Short-term debt is 78.1% and cash 2.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 8% of them on solvency, 10% on liquidity, 65% on profitability and 79% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 151 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 31-12-2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €47,625
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9837 sector peers (2024).
NBB · sector comparison
Position among 9837 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 151 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 151 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
151 days late
2023
61 days late
2022
30 days late
2021
117 days late
2020
29 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 80 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€5,633 View
  • Caution: Lower solvency than 90% of companies in construction of buildingssector median 42.3% · 9,837 companies -11.8% View

Recent changes

  1. · Gazette deed Changes of role: PATERNICO Vincenzo (director) and PATERNICO Salvatore (director)
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as VS ENTREPRISES: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €40,100 and €48,200, founded between 2016 and 2018.

CompanyTotal assetsGross margin
VS ENTREPRISES Fleurus€47,625€27,761
REMBAT Lessines€40,149€26,714
DG RENOVATIES Evergem€46,443€26,246
CRO-CONSTRUCTIONS Braine-le-Château€48,188€31,216
SOLAM-BATI Schaarbeek€42,160€26,447
W HOME Grez-Doiceau€45,496€23,365
AK STONE Sint-Pieters-Leeuw€42,798€28,210
Full comparison

Key facts about VS ENTREPRISES

What is the company number of VS ENTREPRISES?
The company number of VS ENTREPRISES is 0674.938.866. The VAT number is the same number with BE in front: BE 0674.938.866.
Where is VS ENTREPRISES based?
The registered office is at Rue du Château(WB) 63, 6224 Fleurus.Company details
What does VS ENTREPRISES do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VS ENTREPRISES?
The legal form of VS ENTREPRISES is Private limited company (BV).
When was VS ENTREPRISES founded?
VS ENTREPRISES was founded on 28-04-2017.
Is VS ENTREPRISES still active?
Yes, VS ENTREPRISES is an active enterprise in the KBO register.
What is the turnover of VS ENTREPRISES?
The turnover in financial year 2024 is ≈ €190,000. This figure is estimated from the gross margin of €27,761 and 164 comparable companies (NACE 41001). It probably lies between €110,000 and €350,000.Financials
Is VS ENTREPRISES profitable?
In financial year 2024, VS ENTREPRISES made a profit of €5,258.
Where can I find the annual accounts of VS ENTREPRISES?
VS ENTREPRISES filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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