ACTIVE

VASI CONSTRUCT

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
53,6 k €
+9.9% YoY
Gross margin
124,6 k €
+67.1% YoY
Equity
168,8 k €
+46.6% YoY

What does VASI CONSTRUCT do?

VASI CONSTRUCT is a Private limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0695.822.174
Incorporation
08/05/2018
Legal form
Private limited company
Registered office
Boulevard du Roi Albert II 4
1000 Bruxelles · BruxellesSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41003Construction of buildings41203Construction of residential and non-residential buildings
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202018
Income statement
Gross margin124,6 k €74,6 k €33,1 k €40,7 k €11,8 k €13 k €554 €
EBITDA85,7 k €74,1 k €32 k €38,6 k €9,7 k €12,9 k €504 €
Operating result71,4 k €63,2 k €29,4 k €36,2 k €7,7 k €11,3 k €504 €
Net result53,6 k €48,8 k €21,3 k €26 k €7 k €11,1 k €494 €
Balance sheet
Equity168,8 k €115,2 k €66,4 k €45,1 k €19,1 k €15 k €1,5 k €
Total assets366,2 k €297,5 k €255,3 k €136,8 k €28,7 k €18 k €3,1 k €
Cash122,6 k €84,3 k €74,4 k €38,9 k €19,1 k €14,2 k €1,4 k €
Debts197,5 k €182,3 k €188,9 k €91,7 k €9,6 k €3 k €1,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active

Active mandates

Aurelian CANDREA

Director

Active
Vasilică Chelaru

Director

Active
At this address

Other companies at this address

CompanyCBE no.
AC – ADVISORY INVEST● Active
0762.520.364
Administratiekantoor DeltaQ● Active
0770.554.835
ALH-IMMO● Active
0842.301.082
AMANY MANAGEMENT CONSULTING● Bankrupt
0544.663.809
AMZ● Active
0819.247.449
APIMEX distribution● Active
0508.788.061
ARQAAM● Active
1035.646.432
ATLAS DIGITAL● Active
1033.770.471
Axway Belgium● Active
0861.617.247
Biro Software● Active
1007.082.407
BR-CONSULTING AND ADMINISTRATION● Active
0696.711.903
Caféine.Studio● Active
0750.802.665
CATGREP● Active
0739.978.158
Cyber Security Coalition● Active
0599.799.597
Datasteps● Active
1028.712.813
Desertec● Bankrupt
0804.051.509
dnergy● Active
0739.729.126
Elevanty● Active
1025.958.310
END2END● Active
0793.585.902
Enersee● Active
0753.461.158
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202611/07/202523/12/202419/10/202321/11/202222/02/2022
General meeting30/06/202630/06/202529/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202610/07/2026FrenchPDF
Micro model31/12/202430/06/202511/07/2025FrenchPDF
Micro model31/12/202329/06/202423/12/2024FrenchPDF
Micro model31/12/202230/06/202319/10/2023FrenchPDF
Micro model31/12/202130/06/202221/11/2022FrenchPDF
Abridged model31/12/202030/06/202122/02/2022FrenchPDF
Abridged model31/12/201820/06/201926/05/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 2 active

Active mandates

Aurelian CANDREA

Director

Active
Vasilică Chelaru

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/06/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office05/11/2021
    SIEGE SOCIAL
    PDF
  • Mandates21/06/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other11/05/2018
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 202553,6 k €↑
  2. 2024
    Annual accounts 202448,8 k €↑
  3. 2023
    Annual accounts 202321,3 k €↓
  4. 2022
    Annual accounts 202226 k €↑
  5. 2021
    Annual accounts 20217 k €↓
  6. 2020
    Annual accounts 202011,1 k €↑
  7. 2018
    Annual accounts 2018494 €
  8. 08/05/2018
    IncorporationPrivate limited company