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VWS CONSTRUCT

Active Public limited companyfounded 2007active for 19 yearsLiersesteenweg 2, 3130 BegijnendijkKBO/BCE: BE 0892.001.805 #5 company by equity in Begijnendijk, Construction sector

Lifetime

16 annual accounts with figures on one time axis
peak €1.1m (2020)
€911,923▲ 1.4%
peak €197,325 (2023)
€116,806▼ 39.6%
peak €538,782 (2025)
€538,782▲ 27.7%
€595,272▼ 29.6%
peak 12.3 FTE (2019)
5.8 FTEunchanged
Board4 names since 2016
1 director
Documentsfilings and deeds
26-10-202597 days before the deadline
2025abbreviated format
Result from €193,330 to €116,8061 director appointed, 2 resignations 18-11Equity from €421,976 to €538,782Debts from €846,063 to €595,272

Key points

from the 2025 annual accounts

Equity

€538,782 ▲ 27.7%

VWS CONSTRUCT has made a profit in every financial year since 2010.

Result

€116,806 ▼ 39.6%
€193,0002024€117,0002025

The result fell in 2025 from €193,330 to €116,806.

Turnover

≈ €2.8m estimated

The abbreviated format states no turnover.

Staff

5.8 FTE from 12.3 in 2019

Between 2019 and 2025, 53% of the full-time equivalents disappeared.

Filings

16 annual accounts since 2010
deadline2010201520202025

The last five annual accounts were filed 25 to 97 days before the end of the period.

Board

1 joined · 1 left

Board changed. Latest change 19-12-2025 · 1 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as VWS CONSTRUCT has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
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.

The companies in ten equal groups, from the lowest to the 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 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 34,721 companies, not a prediction for VWS 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

Director,
  • all the sharesdeed of 02-07-2026
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0892001805
Reappointment: (director) Permanent representative: · “Aan-en verkoop van stelling,aan-en verkoop alsook verhuur van deze roerende goederen en bouwbeslag; Stelling…” (deed in Dutch) · holds all the shares · General meeting of 24-06-2026 · Gazette deed
1 director appointed, 1 resignation Appointment: · Permanent representatives: and · Resignation: · General meeting of 09-01-2026 · Gazette deed
1 director appointed, 2 resignations Resignations: and · Permanent representatives: and · Appointment: · General meeting of 26-09-2025 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
VWS CONSTRUCT Begijnendijk €1.1m €911,923 47.5% 5.8
KRIBELCO Herent €1.3m €823,632 35.2% 5.1
DEVAN STEIGERBOUW Wielsbeke €1.2m €848,050 8.1% 5
GDS BOUW Veurne €1.3m €875,911 15.4% 7
HUYSMANS-DE BACKER Grimbergen €1.2m €596,155 51.9% 5.2
EUROPEAN MAINTENANCE AND COATING SERVICES Tienen €1.1m €627,660 50.3% 5
ELASTOFLEX PROJECTS Hasselt €1.1m €751,571 75.0% 7.3

These companies have the same main activity as VWS CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 2004 and 2009.

Official details

Source: KBO
Status
Active since 03-09-2007Normal situation
Activity
Other specialised construction activitiesNACE 43990and 4 others
Establishment unit
2.165.767.7953130 Begijnendijk, since 03-09-2007
Financial year end
30 June
Peppol
Reachable since 08-10-2026
Company details

Annual accounts to 30-06-2025

€1.1m▼ 10.6%
Filing
Filed on 26-10-2025, 97 days before the end of the filing period
Financials

Insights on VWS CONSTRUCT

VWS CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €280,226 in 2010 to €911,923 in 2025.

The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.

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 VWS CONSTRUCT

What is the company number of VWS CONSTRUCT?
The company number of VWS CONSTRUCT is 0892.001.805. The VAT number is the same number with BE in front: BE 0892.001.805.
Where is VWS CONSTRUCT based?
The registered office is at Liersesteenweg 2, 3130 Begijnendijk.Company details
What does VWS CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of VWS CONSTRUCT?
VWS CONSTRUCT is a public limited company (NV).
When was VWS CONSTRUCT founded?
VWS CONSTRUCT was founded on 03-09-2007.
Is VWS CONSTRUCT still active?
Yes, VWS CONSTRUCT is an active enterprise in the KBO register.
How many employees does VWS CONSTRUCT have?
VWS CONSTRUCT had an average of 5.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VWS CONSTRUCT?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €911,923 and 34 comparable companies (NACE 43990). It probably lies between €1.7m and €3.7m.
Is VWS CONSTRUCT profitable?
In financial year 2025, VWS CONSTRUCT made a profit of €116,806.
Where can I find the annual accounts of VWS CONSTRUCT?
VWS CONSTRUCT filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VWS CONSTRUCT due?
VWS CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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