ACTIVE

V & D CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-9,3 k €

-124.6% YoY

Gross margin

218,3 k €

-21.8% YoY

Equity

1,4 M €

-0.7% YoY

What does V & D CONSTRUCT do?

V & D CONSTRUCT is a Private company with limited liability incorporated in 2002. Its main activity is: Specialised construction activities. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.083.394

Incorporation

19/12/2002

Legal form

Private company with limited liability

Registered office

Heideweg 26
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43422Specialised construction activities· main 43990Other specialised construction activities n.e.c.43996Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 01610Support activities for crop production+3

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	218,3 k €	-21.8%	279,2 k €	+25.0%	223,3 k €	-24.7%	296,6 k €	+1.1%	293,5 k €	+42.6%	205,9 k €	-36.8%	326 k €	+41.4%	230,6 k €	+45.0%	159,1 k €	+45.2%	109,5 k €	-37.8%	176,1 k €	-16.6%	211,1 k €	-28.3%	294,4 k €	+8.7%	270,7 k €	+38.4%	195,6 k €	-27.2%	268,5 k €	+4.9%	256 k €	-28.5%	357,8 k €	+44.6%	247,4 k €	-7.2%	266,6 k €
EBITDA	165,9 k €	-29.4%	234,9 k €	+35.7%	173 k €	-32.4%	256,1 k €	-1.0%	258,7 k €	+54.4%	167,5 k €	-40.6%	282 k €	+33.0%	212 k €	+35.0%	157,1 k €	+69.7%	92,6 k €	-30.3%	132,9 k €	-17.0%	160,2 k €	-37.7%	257,1 k €	+8.8%	236,3 k €	+48.8%	158,8 k €	-33.5%	238,9 k €	+9.0%	219,2 k €	-36.7%	346,4 k €	+42.5%	243 k €	-8.7%	266,1 k €
Operating result	-7,9 k €	-117%	46 k €	+325%	-20,5 k €	-125%	83 k €	-18.8%	102,2 k €	+152%	40,6 k €	-74.6%	160,2 k €	+180%	57,2 k €	-2.5%	58,7 k €	+541%	9,2 k €	+141%	3,8 k €	-83.7%	23,4 k €	-79.8%	115,6 k €	+104%	56,7 k €	+661%	7,5 k €	-91.1%	84 k €	-13.9%	97,5 k €	-56.0%	221,6 k €	+35.6%	163,4 k €	-13.8%	189,6 k €
Net result	-9,3 k €	-125%	37,6 k €	+253%	-24,7 k €	-140%	61,1 k €	-26.9%	83,5 k €	+140%	34,9 k €	-73.7%	132,5 k €	+198%	44,5 k €	+4.7%	42,5 k €	+332%	9,8 k €	+2466%	-416 €	-102%	25,7 k €	-71.4%	90 k €	+74.1%	51,7 k €	+503%	8,6 k €	-87.7%	69,6 k €	-9.3%	76,7 k €	-52.4%	161,1 k €	+39.7%	115,3 k €	-10.7%	129,1 k €
Balance sheet
Equity	1,4 M €	-0.7%	1,4 M €	+2.8%	1,3 M €	-1.8%	1,4 M €	+4.7%	1,3 M €	+6.8%	1,2 M €	+2.9%	1,2 M €	+12.5%	1,1 M €	+4.4%	1 M €	+4.4%	971 k €	+1.0%	961,2 k €	-0.0%	961,6 k €	+2.7%	935,9 k €	+10.6%	845,9 k €	+6.5%	794,2 k €	+1.1%	785,6 k €	+9.7%	716,1 k €	+12.0%	639,4 k €	+33.7%	478,3 k €	+31.7%	363,1 k €
Total assets	1,6 M €	-0.5%	1,6 M €	-3.1%	1,6 M €	-1.2%	1,6 M €	-2.8%	1,7 M €	+8.1%	1,6 M €	-1.6%	1,6 M €	+14.5%	1,4 M €	+33.5%	1 M €	+6.3%	978 k €	-9.9%	1,1 M €	+6.2%	1 M €	+4.2%	981,2 k €	+12.2%	874,7 k €	+9.6%	797,7 k €	-0.9%	804,7 k €	+8.2%	743,7 k €	+5.2%	706,7 k €	+42.1%	497,5 k €	+27.7%	389,6 k €
Cash	73,7 k €	-52.4%	154,7 k €	-29.4%	219 k €	+114%	102,3 k €	-47.7%	195,7 k €	+25.0%	156,6 k €	-3.9%	163 k €	+99.6%	81,6 k €	-57.8%	193,5 k €	+104%	94,8 k €	-58.2%	226,8 k €	+35.8%	167,1 k €	-35.7%	259,9 k €	+71.2%	151,8 k €	-19.4%	188,4 k €	-26.3%	255,4 k €	+15.7%	220,8 k €	+25.0%	176,6 k €	-24.8%	234,7 k €	+44.3%	162,7 k €
Debts	191 k €	+0.1%	190,9 k €	-31.5%	278,6 k €	+1.8%	273,6 k €	-28.3%	381,5 k €	+12.7%	338,4 k €	-14.9%	397,9 k €	+21.0%	328,9 k €	+1166%	26 k €	+269%	7 k €	-94.2%	122,3 k €	+112%	57,7 k €	+34.2%	43 k €	+61.3%	26,6 k €	+3685%	704 €	-95.9%	17,2 k €	-32.9%	25,6 k €	-61.5%	66,6 k €	+248%	19,1 k €	-28.0%	26,6 k €
Other
Workforce	–		–		–		–		–		–		1,0 ETP	+150%	0,4 ETP		–		0,4 ETP	-60.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active

Active mandates

Bollen Bart

Manager · since 02 juillet 2014

Active

Geert Valkeneers

Manager · since 02 janvier 2005

Active

Bart Valkeneers

Manager · since 06 décembre 2002

Active

Nathalie Deploige

Manager · since 06 décembre 2002

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	26/08/2025	19/08/2024	29/08/2023	04/08/2022	29/08/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	26/08/2026	Dutch	PDF
Micro model	31/12/2024	26/06/2025	26/08/2025	Dutch	PDF
Micro model	31/12/2023	27/06/2024	19/08/2024	Dutch	PDF
Micro model	31/12/2022	29/06/2023	29/08/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	04/08/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	29/08/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	26/09/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	29/08/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	27/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	04/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	24/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/12/2025 · 4 active

Active mandates

Bollen Bart

Manager · since 02 juillet 2014

Active

Geert Valkeneers

Manager · since 02 janvier 2005

Active

Bart Valkeneers

Manager · since 06 décembre 2002

Active

Nathalie Deploige

Manager · since 06 décembre 2002

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/12/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2005
ONTSLAGEN - BENOEMINGEN
PDF
Other30/12/2002
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2025
Annual accounts 2025-9,3 k €↓
2024
Annual accounts 202437,6 k €↑
2023
Annual accounts 2023-24,7 k €↓
2022
Annual accounts 202261,1 k €↓
2021
Annual accounts 202183,5 k €↑
2020
Annual accounts 202034,9 k €↓
2019
Annual accounts 2019132,5 k €↑
2018
Annual accounts 201844,5 k €↑
2017
Annual accounts 201742,5 k €↑
2016
Annual accounts 20169,8 k €↑
2015
Annual accounts 2015-416 €↓
2014
Annual accounts 201425,7 k €↓
2013
Annual accounts 201390 k €↑
2012
Annual accounts 201251,7 k €↑
2011
Annual accounts 20118,6 k €↓
2010
Annual accounts 201069,6 k €↓
2009
Annual accounts 200976,7 k €↓
2008
Annual accounts 2008161,1 k €↑
2007
Annual accounts 2007115,3 k €↓
2006
Annual accounts 2006129,1 k €
19/12/2002
IncorporationPrivate company with limited liability

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 & D CONSTRUCT

Overview

What does V & D CONSTRUCT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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