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

VWS CONSTRUCT

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 26-10-2025, 97 days before the deadline

€911,923

▲ 1.4%

€204,271

▼ 25.8%

€116,806

▼ 39.6%

-€74,783

▲ €106,702

47.5%

▲ 14.2 percentage points

0.85

▲ 0.16

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.8m. Estimated: probably between €1.7m and €3.7m.

In the rankings #5 company by equity in Begijnendijk, Construction sector #6 company by total assets in Begijnendijk, Construction sector

Balance sheet

balance sheet total €1.1m on 30-06-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

47.5%

Higher than 56% of 9,282 companies in 2025.

0.85

Higher than 13% of 9,205 companies in 2025.

10.3%

Higher than 69% of 9,250 companies in 2025.

VWS CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half

Staff

€88,037

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Balance sheet: assets
`20/58`	1.1m	1.3m	1.3m	1.2m	1.2m	1.3m	1.4m	1.1m	1.0m	1.1m	896,204	736,997	802,333	741,269	591,992	618,246
`21/28`	707,250	856,730	788,688	810,499	865,419	957,551	983,454	807,886	714,764	645,585	365,105	315,705	418,509	403,334	428,664	470,035
`22/27`	706,145	855,625	788,083	809,894	864,814	956,946	982,849	807,231	714,109	645,180	365,105	315,705	418,509	403,334	428,664	470,035
`22`	-	-	-	-	-	-	-	325	1,037	1,749	2,461	3,173	3,236	3,883	4,530	5,177
`23`	582,302	701,928	739,250	694,483	649,097	611,885	507,628	571,198	645,739	568,977	326,335	253,569	333,023	355,839	410,460	439,916
`24`	97,606	2,629	5,903	15,735	30,601	47,338	63,409	44,230	67,333	74,454	36,309	58,963	82,250	43,612	13,675	24,525
`25`	10,038	132,721	20,859	85,830	-	-	-	-	-	-	-	-	-	-	-	-
`26`	16,198	18,346	22,070	13,845	18,126	23,305	29,963	-	-	-	-	-	-	-	-	-
`27`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	418
`28`	1,105	1,105	605	605	605	605	605	655	655	405	-	-	-	-	-	-
`29/58`	426,805	411,309	510,972	347,500	359,977	315,779	390,401	310,864	321,781	457,660	531,099	421,292	383,824	337,935	163,328	148,211
`40/41`	315,316	280,656	287,437	269,209	221,822	258,422	268,673	257,169	254,734	421,824	430,042	396,503	327,364	268,376	152,641	98,238
`40`	300,316	280,656	286,505	269,209	221,068	257,175	252,726	257,169	233,656	251,798	186,203	141,011	127,279	120,370	81,330	41,338
`41`	15,000	0	932	0	754	1,247	15,948	-	21,078	170,025	243,839	255,492	200,085	148,006	71,312	56,900
`50/53`	-	-	-	-	-	-	-	-	-	-	30,000	22,000	40,000	40,044	-	-
`54/58`	100,806	87,381	193,310	55,136	116,773	54,516	118,226	50,350	67,047	35,477	71,057	2,789	16,461	29,515	10,687	21,631
`490/1`	10,683	43,273	30,225	23,155	21,382	2,842	3,502	3,344	-	360	-	-	-	-	-	28,342
Balance sheet: equity and liabilities
`10/49`	1.1m	1.3m	1.3m	1.2m	1.2m	1.3m	1.4m	1.1m	1.0m	1.1m	896,204	736,997	802,333	741,269	591,992	618,246
`10/15`	538,782	421,976	304,646	411,496	352,844	312,036	278,604	252,347	145,484	95,482	283,206	354,361	320,389	240,219	163,202	76,045
`10/11`	61,500	61,500	61,500	61,500	61,500	61,500	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000
`10`	61,500	61,500	61,500	61,500	-	-	-	-	-	-	-	-	-	-	-	-
`100`	61,500	61,500	61,500	61,500	61,500	61,500	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000	55,000
`13`	477,282	360,476	243,146	349,996	291,264	250,264	223,334	197,334	90,484	40,482	228,206	299,361	265,389	21,045	21,045	11,171
`130/1`	5,500	5,500	5,500	5,500	5,500	-	-	-	-	-	-	-	-	-	-	-
`130`	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500
`133`	471,782	354,976	237,646	344,496	285,764	244,764	217,834	191,834	84,984	34,982	222,706	293,861	259,889	15,545	15,545	5,671
`14`	0	0	0	0	80	272	270	13	-	-	-	-	-	164,174	87,157	9,874
`16`	-	-	-	0	108,789	-	-	-	-	-	-	-	-	-	-	-
`160/5`	-	-	-	0	108,789	-	-	-	-	-	-	-	-	-	-	-
`163`	-	-	-	0	108,789	-	-	-	-	-	-	-	-	-	-	-
`17/49`	595,272	846,063	995,013	746,503	763,762	961,294	1.1m	866,404	891,061	1.0m	612,998	382,636	481,944	501,050	428,790	542,201
`17`	92,300	253,223	181,587	168,803	260,905	406,977	592,283	479,430	372,232	449,599	205,338	203,398	277,972	310,863	246,628	335,720
`170/4`	92,300	253,223	181,587	168,803	260,905	406,977	592,283	479,430	372,232	449,599	205,338	203,398	277,972	310,863	246,628	335,720
`42/48`	501,587	592,795	809,734	576,679	502,858	554,306	502,968	386,974	518,829	558,165	407,660	179,239	203,972	190,187	182,162	206,480
`42`	87,762	116,037	181,517	178,688	228,808	276,179	213,642	151,533	270,682	209,670	118,075	101,613	100,842	76,902	139,489	149,213
`43`	255,000	255,000	255,000	175,000	175,000	35,000	145,851	125,000	125,000	-	34,333	34,333	13,500	13,500	-	-
`430/8`	255,000	255,000	255,000	175,000	175,000	35,000	145,851	125,000	125,000	-	34,333	34,333	13,500	13,500	-	-
`44`	78,101	23,169	29,474	123,022	49,618	90,953	63,628	73,492	46,761	28,494	13,018	13,577	7,641	11,014	10,915	2,630
`440/4`	78,101	23,169	29,474	123,022	49,618	90,953	63,628	73,492	46,761	28,494	13,018	13,577	7,641	11,014	10,915	2,630
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63
`45`	80,010	77,590	39,568	39,700	47,359	81,994	78,714	36,139	71,365	-	42,234	29,715	81,988	88,771	31,758	23,022
`450/3`	65,471	63,544	39,560	30,808	26,423	44,271	43,234	26,859	51,937	-	33,688	22,741	65,948	78,622	26,055	13,959
`454/9`	14,539	14,046	8	8,893	20,935	37,722	35,480	9,280	19,428	-	8,546	6,974	16,040	10,149	5,703	9,064
`47/48`	715	120,998	304,175	60,269	2,073	70,181	1,133	810	5,020	320,000	200,000	-	-	-	-	31,552
`492/3`	1,384	45	3,692	1,021	0	12	-	-	-	-	-	-	-	-	-	-
Income statement
`76A`	0	3,628	-	-	0	1,411	1,854	-	1,531	537	-	-	-	518	-	-
`9900`	911,923	899,390	1.1m	976,965	977,801	1.1m	1.1m	950,272	865,369	904,227	693,213	482,475	568,043	480,147	448,740	280,226
`62`	510,612	440,522	577,083	558,653	538,656	685,267	724,247	567,967	574,690	493,860	362,982	312,961	289,745	231,773	215,118	209,658
`630`	150,443	168,263	224,870	247,679	233,969	262,260	271,631	209,786	184,033	196,717	117,645	108,432	116,700	100,578	103,242	43,048
`631/4`	8,647	-	-	-	-	-	-	-	-	-	3,272	1,100	-	-	4,855	3,394
`635/8`	-	-	0	-108,789	108,789	-	-	-4,372	-	-	-	-	-	-	3,253	-
`640/8`	15,924	15,144	11,205	10,048	7,761	17,466	15,331	11,419	8,948	10,895	7,817	6,448	9,832	4,595	7,439	4,825
`66A`	22,027	-	-	0	620	-	6,807	1,420	-	-	-	-	-	-	740	1,377
`9901`	204,271	275,461	251,227	269,375	88,007	141,831	51,099	164,051	97,698	202,755	201,497	53,535	151,765	143,202	114,833	19,301
`75/76B`	377	6,132	5,702	2,031	3,437	3,435	2,597	3,161	8,485	20,200	18,220	14,917	13,976	7,850	79	13,894
`75`	377	6,132	5,702	2,031	3,437	3,435	2,597	3,161	6,954	20,200	18,220	14,917	13,976	7,850	79	13,894
`76B`	-	-	-	-	-	-	-	-	1,531	-	-	-	-	-	-	-
`65/66B`	25,931	22,658	13,376	122,276	12,549	14,851	18,386	14,423	15,843	15,558	21,603	19,390	20,718	21,956	18,644	21,963
`65`	25,931	22,658	13,376	122,276	12,549	14,851	18,386	14,423	15,843	15,558	21,603	19,390	20,718	21,956	18,644	21,963
`9903`	178,717	258,935	243,552	149,130	78,896	130,415	35,310	152,789	90,340	207,934	198,114	49,061	145,024	129,614	95,528	9,856
`67/77`	61,911	65,605	46,228	40,478	38,088	33,483	9,052	45,926	40,338	75,658	69,269	15,090	46,854	52,597	8,371	-18
`9904`	116,806	193,330	197,325	108,652	40,808	96,932	26,258	106,863	50,002	132,276	128,845	33,971	98,170	77,017	87,157	9,874
`9905`	116,806	193,330	197,325	108,652	40,808	96,932	26,258	106,863	50,002	132,276	128,845	33,971	98,170	77,017	87,157	9,874
Appropriation of the result
`9906`	116,806	193,330	197,325	108,732	41,080	97,202	26,270	106,863	50,002	132,276	128,845	33,971	244,344	164,174	97,031	21,045
`14P`	-	-	0	80	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	0	26,000	106,850	50,000	-	-	-	-	-	187,724	71,155	-	-	-	-	-
`691/2`	116,806	143,330	0	108,732	41,000	26,930	26,000	106,850	50,002	-	-	33,971	244,344	-	9,874	11,171
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,500
`6921`	116,806	143,330	0	108,732	41,000	26,930	26,000	106,850	50,002	-	-	33,971	244,344	-	9,874	5,671
`694/7`	0	76,000	304,175	50,000	0	70,000	-	-	-	320,000	200,000	-	-	-	-	-
`694`	0	26,000	304,175	50,000	0	70,000	-	-	-	320,000	200,000	-	-	-	-	-
`695`	0	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	5.8	5.8	8.5	8.8	8.6	10.8	12.3	10.6	10.5	10.4	7.2	7.8	6	4.4	4.5	4
Hours worked`1013`	-	9,634	13,987	14,504	14,352	17,476	19,662	16,354	16,063	15,736	11,370	10,288	9,088	6,792	6,840	6,016
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 26-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-06-2025	abbreviated format	26-10-2025	2025-00549541	PDF
30-06-2024	abbreviated format	06-01-2025	2025-00001193	PDF
30-06-2023	abbreviated format	03-01-2024	2024-00541765	PDF
30-06-2022	abbreviated format	07-12-2022	2022-20533857	PDF
30-06-2021	abbreviated format	23-12-2021	2021-81500024	PDF
30-06-2020	abbreviated format	29-12-2020	2020-77400390	PDF
30-06-2019	abbreviated format	21-12-2019	2019-77600338	PDF
30-06-2018	abbreviated format	15-10-2018	2018-69300334	PDF
30-06-2017	abbreviated format	27-09-2017	2017-62900287	PDF
30-06-2016	abbreviated format	02-11-2016	2016-67400499	PDF
30-06-2015	abbreviated format	04-01-2016	2016-00100301	PDF
30-06-2014	abbreviated format	22-12-2014	2014-70000117	PDF
30-06-2013	abbreviated format	23-12-2013	2013-70000244	PDF
30-06-2012	abbreviated format	15-02-2013	2013-03900549	PDF
30-06-2011	abbreviated format	29-03-2012	2012-07500255	PDF
30-06-2010	abbreviated format	13-05-2011	2011-11200238	PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €2,734 awarded, €2,080 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€2,734

Year	Entries	Awarded	Paid
2025	1	€2,178	€1,974
2024	1	€450	€0
2022	1	€106	€106

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
354,714	443,724	476,097	517,054	321,976	404,091	322,730	373,837	281,731	399,472	319,143	161,966	268,465	243,780	218,075	62,349
267,249	361,593	422,195	356,331	274,776	359,192	297,889	316,649	234,035	328,993	246,491	142,403	214,870	177,595	190,399	52,922
118,235	713,005	203,058	192,759	141,836	236,357	501,666	310,909	264,680	477,197	167,045	5,628	131,875	74,730	61,871	88,619
13,425	-105,929	138,174	-61,637	62,257	-63,711	67,876	-16,697	31,570	-35,580	68,267	-13,671	-13,055	18,829	-10,944	-
-74,783	-181,485	-298,762	-229,179	-142,881	-238,527	-112,566	-76,110	-197,048	-100,504	123,439	242,053	179,852	147,748	-18,834	-58,270
47.5%	33.3%	23.4%	35.5%	28.8%	24.5%	20.3%	22.6%	14.0%	8.7%	31.6%	48.1%	39.9%	32.4%	27.6%	12.3%
0.85	0.69	0.63	0.60	0.72	0.57	0.78	0.80	0.62	0.82	1.30	2.35	1.88	1.78	0.90	0.72
1.10	2.01	3.27	1.81	2.16	3.08	3.93	3.43	6.12	10.55	2.16	1.08	1.50	2.09	2.63	7.13
21.7%	45.8%	64.8%	26.4%	11.6%	31.1%	9.4%	42.3%	34.4%	138.5%	45.5%	9.6%	30.6%	32.1%	53.4%	13.0%
10.3%	15.2%	15.2%	9.4%	3.3%	7.6%	1.9%	9.6%	4.8%	12.0%	14.4%	4.6%	12.2%	10.4%	14.7%	1.6%
13.68	19.58	35.59	4.23	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	30-06-2024	30-06-2023	30-06-2022
Employees at the balance-sheet date	6	7	9
full-time	5	6	7
part-time	1	1	2
in full-time equivalents	5.8	6.8	8.6
	5.8	8.5	8.8
On a permanent contract	6	7	9
Joined	1	1	3
Left	2	3	0

Source: social balance sheet in the 2022 to 2024 annual accounts

Securities and guarantees

on own assets and for others

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
	€521,500	€236,500	€236,500	€127,640
Pledge on other assets, amount secured	-	€835,000	-	-
Carrying value of the other pledged assets	€0	€0	-	-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	30-06-2025	30-06-2024	30-06-2023	30-06-2022
Tangible fixed assets	€118,235	€712,505	€203,058	€192,759
Financial fixed assets	-	€500	-	-
	€150,443	€168,263	€224,870	€247,679

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VWS CONSTRUCT

The operating result for 2025 is 26% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total falls from 66.7% to 52.5%. Equity is higher and debt is lower.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency47.5%

Current ratio0.85

Return on assets10.3%

Staff

Staff cost per FTE€88,037

Joined and left

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €2,734 awarded, €2,080 paid

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on VWS CONSTRUCT

Next steps

in euro

in euro

47.5%

0.85

10.3%

€88,037