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VVD CONSTRUCT

Active
Private limited companyfounded 2021active for 5 yearsIndustrielaan 4, 9320 Aalst, BelgiumKBO/BCE: BE 0763.940.227
Summary

The computed 12-month bankruptcy probability of VVD CONSTRUCT is 2.1% (moderate). The annual accounts of VVD CONSTRUCT for financial year 2025 show a net loss of 51% of total assets and of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €9,668 and a net result of -€16,962. Equity has been growing by about 33% per year since 2021. Its solvency ranks better than 35% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-02-2021 Normal situation
Registered office
92 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment units
2.316.709.396 1210 Sint-Joost-ten-Node, since 23-02-2021
2.316.709.495 9320 Aalst, since 23-02-2021
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Bekir Shukrie HalilDirector · since 23-02-2021

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
-€10,281
Loss
€16,962
Equity
€9,668
▼ 67.1%
Total assets
€33,216
▼ 18.8%
Turnover not published (micro format)
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Loss of €16,962 (financial year 2025)lowers riskLiquidity: current ratio 1.03, cash €6,893Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 54-43
equity 29.1% of total assets
Liquidity 38-17
short-term debt 70.9% · cash 20.8%
Profitability 0-57
return on assets -51.1%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.7%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.2 percentage points vs 01-2025 03-2025: 2.6%▲ +0.1 percentage points vs 02-2025 04-2025: 2.7%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%▲ +0.2 percentage points vs 04-2025 06-2025: 3.0%▲ +0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.3 percentage points vs 06-2025 08-2025: 3.9%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 2.0%▼ -1.9 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 1.9%▼ -0.1 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026lowest value 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▼ -0.1 percentage points vs 07-2026 09-2026: 2.1%● unchanged vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026 11-2026: 2.1%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.03 (3.56 in 2024), below the usual 1.5. Short-term debt is 70.9% and cash 20.8% of total assets. 70.9% of the assets are financed with debt and provisions.
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 36% of them on solvency, 34% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.03, cash €6,893
NBB · annual accounts
raises risk · Loss of €16,962 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
2 days early
2024
13 days late
2023
21 days early
2022
12 days early
2021
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 2 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 90% of companies in construction of buildingssector median €8,554 · 9,384 companies -€16,962 View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as VVD CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €30,300 and €41,700, founded between 2019 and 2021.

CompanyTotal assetsGross margin
VVD CONSTRUCT Aalst€33,216-€10,281
Isabella Aalst€37,833€0
BOUWHULP Beveren-Kruibeke-Zwijndrecht€30,282-€94
UM KE Gent€41,744-€50,100
D.E.M. Zemst€33,829€966
CORNEL & AVRAM CONSTRUCTION Vilvoorde€34,601-€7,513
TAKECARE Braives€31,563-€3,718
Full comparison

Key facts about VVD CONSTRUCT

What is the company number of VVD CONSTRUCT?
The company number of VVD CONSTRUCT is 0763.940.227. The VAT number is the same number with BE in front: BE 0763.940.227.
Where is VVD CONSTRUCT based?
The registered office is at Industrielaan 4, 9320 Aalst.Company details
What does VVD CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VVD CONSTRUCT?
The legal form of VVD CONSTRUCT is Private limited company (BV).
When was VVD CONSTRUCT founded?
VVD CONSTRUCT was founded on 23-02-2021.
Is VVD CONSTRUCT still active?
Yes, VVD CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of VVD CONSTRUCT?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is VVD CONSTRUCT profitable?
In financial year 2025, VVD CONSTRUCT made a loss of €16,962.
Where can I find the annual accounts of VVD CONSTRUCT?
VVD CONSTRUCT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VVD CONSTRUCT due?
VVD CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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