ACTIVE

VP CONSTRUCT

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

198,5 k €

+296.0% YoY

Gross margin

304,1 k €

+856.5% YoY

Equity

936,7 k €

+28.1% YoY

What does VP CONSTRUCT do?

VP CONSTRUCT is a Private limited company incorporated in 2010. Its main activity is: Construction of buildings. Its registered office is in Herent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0823.199.705

Incorporation

12/02/2010

Legal form

Private limited company

Registered office

Ellestraat 21 box C
3020 Herent · FlandreSee on map

Contributed capital

18 900,00 €

Latest accounts

30/09/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 41101Development of building projects 41102Development of building projects 68121Buying and selling of own real estate 68122Buying and selling of own real estate

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 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	304,1 k €	+857%	-40,2 k €	-108%	535,6 k €	+1233%	-47,3 k €	-122%	212,6 k €	+6.6%	199,4 k €	-30.3%	286,2 k €	+157%	111,6 k €	-34.7%	170,8 k €	+540%	-38,8 k €	-139%	100,7 k €	+68.5%	59,7 k €	+1364%	-4,7 k €	-110%	49,6 k €	-78.4%	229,3 k €
EBITDA	302,8 k €	+833%	-41,3 k €	-108%	534,5 k €	+1162%	-50,4 k €	-124%	209,8 k €	+6.8%	196,4 k €	-30.1%	280,8 k €	+159%	108,3 k €	-34.1%	164,4 k €	+496%	-41,5 k €	-142%	98,1 k €	+72.4%	56,9 k €	+852%	-7,6 k €	-118%	42,6 k €	-81.4%	228,6 k €
Operating result	275,1 k €	+528%	-64,2 k €	-113%	512,5 k €	+788%	-74,4 k €	-139%	188,5 k €	+4.4%	180,6 k €	-33.3%	270,9 k €	+176%	98,1 k €	-37.5%	156,9 k €	+310%	-74,6 k €	-204%	71,8 k €	+131%	31,1 k €	+195%	-32,9 k €	-288%	17,5 k €	-90.8%	189,9 k €
Net result	198,5 k €	+296%	-101,3 k €	-130%	335,8 k €	+435%	-100,3 k €	-181%	123,5 k €	+18.0%	104,7 k €	-34.3%	159,4 k €	+225%	49,0 k €	-55.0%	109,0 k €	+222%	-89,5 k €	-280%	49,8 k €	+278%	13,2 k €	+127%	-49,5 k €	-6781%	-720,0 €	-101%	109,4 k €
Balance sheet
Equity	936,7 k €	+28.1%	731,4 k €	-12.2%	832,7 k €	+67.6%	496,9 k €	-16.8%	597,2 k €	+26.1%	473,6 k €	+28.4%	368,9 k €	+76.1%	209,5 k €	+30.5%	160,5 k €	+211%	51,5 k €	-63.4%	141,0 k €	+54.6%	91,2 k €	+16.9%	78,1 k €	-38.8%	127,6 k €	-0.6%	128,3 k €
Total assets	1,2 M €	-30.8%	1,7 M €	-21.1%	2,2 M €	+3.9%	2,1 M €	+17.5%	1,8 M €	+37.0%	1,3 M €	-19.5%	1,6 M €	+11.8%	1,4 M €	+34.7%	1,1 M €	-4.9%	1,1 M €	+28.4%	872,5 k €	+13.7%	767,6 k €	-21.5%	978,1 k €	-5.5%	1,0 M €	-2.4%	1,1 M €
Cash	173,1 k €	+273%	46,4 k €	-52.1%	96,9 k €	-30.6%	139,6 k €	-78.3%	642,6 k €	+49.8%	428,9 k €	+6.2%	403,9 k €	+89.5%	213,2 k €	+403%	42,4 k €	+41.8%	29,9 k €	-90.0%	299,6 k €	+566%	45,0 k €	-25.7%	60,6 k €	-70.8%	207,6 k €	-11.5%	234,6 k €
Debts	238,6 k €	-75.1%	959,7 k €	-27.2%	1,3 M €	-16.2%	1,6 M €	+34.9%	1,2 M €	+43.3%	813,9 k €	-33.7%	1,2 M €	+0.3%	1,2 M €	+35.9%	900,4 k €	-15.4%	1,1 M €	+47.5%	721,3 k €	+8.4%	665,3 k €	-24.4%	880,0 k €	-2.2%	900,3 k €	-2.6%	924,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 6 ended

Active mandates

René Van Humbeek

Mandate

Active

Rita Pans

Mandate

Active

Rudi Pans

Mandate

Active

Ended mandates

René Van Humbeek

Director

Ended

René Van Humbeek

Manager

Ended

Rita Pans

Director

Ended

Rita Pans

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/03/2026	24/03/2025	18/03/2024	27/03/2023	28/03/2022	30/03/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	07/03/2026	23/03/2026	Dutch	PDF
Abridged model	30/09/2024	01/03/2025	24/03/2025	Dutch	PDF
Abridged model	30/09/2023	02/03/2024	18/03/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	27/03/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	28/03/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	30/03/2021	Dutch	PDF
Abridged model	30/09/2019	21/03/2020	08/04/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	25/03/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	27/03/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	22/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	13/03/2015	Dutch	PDF
Abridged model	30/09/2013	01/03/2014	26/03/2014	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	18/03/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	23/03/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/09/2025 · 3 active · 6 ended

Active mandates

René Van Humbeek

Mandate

Active

Rita Pans

Mandate

Active

Rudi Pans

Mandate

Active

Ended mandates

René Van Humbeek

Director

Ended

René Van Humbeek

Manager

Ended

Rita Pans

Director

Ended

Rita Pans

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other17/12/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other26/02/2010
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 2025198,5 k €↑
2024
Annual accounts 2024-101,3 k €↓
2023
Annual accounts 2023335,8 k €↑
2022
Annual accounts 2022-100,3 k €↓
2021
Annual accounts 2021123,5 k €↑
2020
Annual accounts 2020104,7 k €↓
2019
Annual accounts 2019159,4 k €↑
2018
Annual accounts 201849,0 k €↓
2017
Annual accounts 2017109,0 k €↑
2016
Annual accounts 2016-89,5 k €↓
2015
Annual accounts 201549,8 k €↑
2014
Annual accounts 201413,2 k €↑
2013
Annual accounts 2013-49,5 k €↓
2012
Annual accounts 2012-720,0 €↓
2011
Annual accounts 2011109,4 k €
12/02/2010
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

VP CONSTRUCT

Overview

What does VP CONSTRUCT do?

Trend over 15 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