OPENING OF BANKRUPTCY

V-CONSTRUCT

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Financial year 2022 · closed on 31/12/2022

Net result

-131,7 k €

-157.8% YoY

Gross margin

-70,0 k €

-119.6% YoY

Equity

275,9 k €

-32.3% YoY

Company — Opening of bankruptcy.

What does V-CONSTRUCT do?

V-CONSTRUCT is a Private limited company incorporated in 2002. Its main activity is: Specialised construction activities. Its registered office is in Genk.

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0476.584.754

Incorporation

09/01/2002

Legal form

Private limited company

Registered office

Mondeolaan 2E box /0016
3600 Genk · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

31/12/2022

Activities (NACE)

43410Specialised construction activities· main 43910Roofing activities 45220Maintenance and repair of motor vehicles 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation

Joint committees (1)

Signals

Good liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-70,0 k €	-120%	357,2 k €	+598%	51,2 k €	-65.9%	150,0 k €	+30.8%	114,7 k €	+223%	35,6 k €	-45.6%	65,4 k €	+12.4%	58,2 k €	+16.0%	50,1 k €	+22.2%	41,0 k €	+804%	-5,8 k €	+36.7%	-9,2 k €	-111%	83,6 k €	+8.8%	76,8 k €	+85.2%	41,5 k €	+175%	15,1 k €	-27.3%	20,8 k €
EBITDA	-97,7 k €	-129%	331,9 k €	+662%	43,6 k €	-66.2%	128,7 k €	+13.9%	113,0 k €	+235%	33,8 k €	-43.3%	59,6 k €	+6.1%	56,2 k €	+17.1%	48,0 k €	+23.5%	38,8 k €	+561%	-8,4 k €	+21.0%	-10,7 k €	-113%	82,6 k €	+10.3%	74,9 k €	+82.8%	41,0 k €	+183%	14,5 k €	-27.9%	20,1 k €
Operating result	-116,6 k €	-137%	312,9 k €	+1938%	15,4 k €	-84.1%	96,6 k €	+18.1%	81,8 k €	+2188%	3,6 k €	-87.9%	29,6 k €	-6.0%	31,5 k €	+73.8%	18,1 k €	+147%	7,3 k €	+116%	-44,5 k €	+4.7%	-46,6 k €	-173%	63,8 k €	+5.0%	60,8 k €	+97.2%	30,8 k €	+574%	4,6 k €	-53.9%	9,9 k €
Net result	-131,7 k €	-158%	228,0 k €	+2992%	7,4 k €	-86.9%	56,1 k €	-9.9%	62,3 k €	+949%	-7,3 k €	-141%	18,0 k €	-5.5%	19,1 k €	+207%	6,2 k €	+151%	-12,2 k €	+80.4%	-62,3 k €	-58.0%	-39,4 k €	-208%	36,4 k €	-28.7%	51,1 k €	+311%	12,4 k €	+207%	4,0 k €	-53.5%	8,7 k €
Balance sheet
Equity	275,9 k €	-32.3%	407,5 k €	+127%	179,6 k €	+3.8%	173,0 k €	+47.0%	117,7 k €	+107%	56,7 k €	-11.4%	64,1 k €	+39.2%	46,0 k €	+70.9%	26,9 k €	+30.0%	20,7 k €	-37.0%	32,9 k €	-65.4%	95,2 k €	-29.3%	134,6 k €	+31.9%	102,1 k €	-16.0%	121,5 k €	+11.4%	109,1 k €	+3.8%	105,1 k €
Total assets	1,4 M €	+105%	665,9 k €	+47.4%	451,6 k €	+2.5%	440,6 k €	-5.3%	465,1 k €	+0.9%	460,8 k €	+31.4%	350,7 k €	+2.2%	343,3 k €	+1.2%	339,2 k €	-4.5%	355,3 k €	-13.6%	411,2 k €	-14.4%	480,2 k €	+105%	234,4 k €	-2.0%	239,3 k €	-50.9%	487,3 k €	+11.3%	437,9 k €	+195%	148,6 k €
Cash	29,5 k €	-82.7%	170,4 k €	+226%	52,2 k €	+93.0%	27,1 k €	+147%	11,0 k €	+1170%	862,3 €	-96.6%	25,1 k €	-1.3%	25,4 k €	+557%	3,9 k €	-62.6%	10,3 k €	-65.8%	30,3 k €	+36.5%	22,2 k €	-50.5%	44,8 k €	-35.0%	68,8 k €	+74.1%	39,5 k €	+19.9%	33,0 k €	-50.3%	66,3 k €
Debts	1,0 M €	+435%	190,9 k €	-28.8%	268,3 k €	+0.3%	267,6 k €	-23.0%	347,3 k €	-14.0%	404,0 k €	+41.0%	286,6 k €	-3.6%	297,2 k €	-4.8%	312,3 k €	-6.7%	334,6 k €	-11.6%	378,3 k €	-1.3%	383,4 k €	+290%	98,2 k €	-27.6%	135,6 k €	-62.8%	364,2 k €	+11.3%	327,2 k €	+680%	41,9 k €
Other
Workforce	–		–		–		0,8 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 3 ended

Active mandates

Robby Ieven

Director

Active

Tom Vangeneugden

Director

Active

Ended mandates

Tom Vangeneugden

Administrator - manager · since 01 mai 2010

Ended

Tom Vangeneugden

Manager · since 01 mai 2010

Ended

Karel Vandael

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
E-EUROTECH● Active	0822.657.592
Formando● Active	0729.632.119
Mazolas● Active	1016.136.267
MHF INVESTMENTS● Bankrupt	0767.434.306

Annual accounts

Full financial information

	2022	2021	2020	2019	2018	2017
Type of account	Abridged model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018	01/01/2017
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018	31/12/2017
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/10/2023	20/06/2022	31/05/2021	29/05/2020	28/05/2019	01/06/2018
General meeting	20/05/2023	21/05/2022	15/05/2021	16/05/2020	18/05/2019	19/05/2018
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2022	20/05/2023	09/10/2023	Dutch	PDF
Micro model	31/12/2021	21/05/2022	20/06/2022	Dutch	PDF
Micro model	31/12/2020	15/05/2021	31/05/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	29/05/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	28/05/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	01/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	02/06/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	31/05/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	02/06/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	31/05/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	31/05/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	28/05/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	28/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	28/05/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	05/06/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 3 ended

Active mandates

Robby Ieven

Director

Active

Tom Vangeneugden

Director

Active

Ended mandates

Tom Vangeneugden

Administrator - manager · since 01 mai 2010

Ended

Tom Vangeneugden

Manager · since 01 mai 2010

Ended

Karel Vandael

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office21/11/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/03/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates20/11/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates11/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2010
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2022
Annual accounts 2022-131,7 k €↓
2021
Annual accounts 2021228,0 k €↑
2020
Annual accounts 20207,4 k €↓
2019
Annual accounts 201956,1 k €↓
2019
Name changeV-Construct
2018
Annual accounts 201862,3 k €↑
2017
Annual accounts 2017-7,3 k €↓
2016
Annual accounts 201618,0 k €↓
2015
Annual accounts 201519,1 k €↑
2014
Annual accounts 20146,2 k €↑
2013
Annual accounts 2013-12,2 k €↑
2012
Annual accounts 2012-62,3 k €↓
2011
Annual accounts 2011-39,4 k €↓
2010
Annual accounts 201036,4 k €↓
2009
Annual accounts 200951,1 k €↑
2008
Annual accounts 200812,4 k €↑
2007
Annual accounts 20074,0 k €↓
2006
Annual accounts 20068,7 k €
2006
Name changeVANDAEL
09/01/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

V-CONSTRUCT

Overview

What does V-CONSTRUCT do?

Trend over 17 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline