What does VML CONSTRUCT do?

VML CONSTRUCT is a construction company in Oudenaarde. Private Limited, started on 1 January 1977, 1 establishment.

What is the address of VML CONSTRUCT?

The registered office of VML CONSTRUCT is located at Jacob Lacopsstraat 20 box 305, 9700 Oudenaarde.

Is VML CONSTRUCT still active?

Yes. According to the CBE (29 October 2026) VML CONSTRUCT is active, legal situation “Normale toestand”, started on 1 January 1977.

Is VML CONSTRUCT registered on Peppol?

Yes, VML CONSTRUCT is registered on the Peppol network with ID 0208:0416947471.

What is the enterprise number of VML CONSTRUCT?

The enterprise number of VML CONSTRUCT is BE0416947471.

When was VML CONSTRUCT founded?

VML CONSTRUCT was founded on 1 January 1977.

Who are the directors of VML CONSTRUCT?

According to the 2025 annual accounts, the directors of VML CONSTRUCT are: Luc Van Merhaeghe.

Is VML CONSTRUCT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1977; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VML CONSTRUCT make in 2025?

VML CONSTRUCT posted a profit after taxes of € 72,632 in financial year 2025.

What is the revenue of VML CONSTRUCT?

As a small company, VML CONSTRUCT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 458,572.

How much does an employee at VML CONSTRUCT earn?

The average wage cost per full-time employee at VML CONSTRUCT was € 47,000 in 2024: staff costs of € 296,302 for 6.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

VML CONSTRUCT (Private Limited) - Oudenaarde

Dossier VML CONSTRUCT, printed on 29 October 2026 from databakkes.be/en/0416947471/vml-construct. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VML CONSTRUCT from Oudenaarde, company number BE0416947471, closed financial year 2025 with a result of € 72,632 after tax. For that financial year VML CONSTRUCT recorded a gross margin of € 458,572 and equity of € 220,495. Compared with financial year 2024, the result moved from € 43,054 to € 72,632. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.

What it is worth Growing

€ 220,495

▲ 49% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 72,632

▲ 69% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,269

▼ 50% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 200,495.

People and assets in 2025

Wage cost

€ 268,963

▼ 9% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 80,481

▼ 33% vs 2024

Of which on lease € 31,791.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 295,187

▼ 28% vs 2024

€ 117,055 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 259,607

▲ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 14,774

▼ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 478,894 Gross margin 2022: € 478,894 First fiscal year in the series	€ 501,152 Gross margin 2023: € 501,152 ▲ 5% vs 2022 (€ 478,894) Favourable step	€ 478,635 Gross margin 2024: € 478,635 ▼ 4% vs 2023 (€ 501,152) Unfavourable step	€ 458,572 Gross margin 2025: € 458,572 ▼ 4% vs 2024 (€ 478,635) Unfavourable step	▼ 4%
Profit after taxes	€ 34,509 Profit after taxes 2022: € 34,509 First fiscal year in the series	€ 88,471 Profit after taxes 2023: € 88,471 ▲ 156% vs 2022 (€ 34,509) Favourable step	€ 43,054 Profit after taxes 2024: € 43,054 ▼ 51% vs 2023 (€ 88,471) Unfavourable step	€ 72,632 Profit after taxes 2025: € 72,632 ▲ 69% vs 2024 (€ 43,054) Favourable step	▲ 69%
Equity	€ 36,338 Equity 2022: € 36,338 First fiscal year in the series	€ 104,809 Equity 2023: € 104,809 ▲ 188% vs 2022 (€ 36,338) Favourable step	€ 147,863 Equity 2024: € 147,863 ▲ 41% vs 2023 (€ 104,809) Favourable step	€ 220,495 Equity 2025: € 220,495 ▲ 49% vs 2024 (€ 147,863) Favourable step	▲ 49%
Total debts	€ 928,950 Total debts 2022: € 928,950 First fiscal year in the series	€ 848,993 Total debts 2023: € 848,993 ▼ 9% vs 2022 (€ 928,950) Favourable step	€ 682,827 Total debts 2024: € 682,827 ▼ 20% vs 2023 (€ 848,993) Favourable step	€ 569,567 Total debts 2025: € 569,567 ▼ 17% vs 2024 (€ 682,827) Favourable step	▼ 17%
Cash	€ 20,154 Cash 2022: € 20,154 First fiscal year in the series	€ 45,343 Cash 2023: € 45,343 ▲ 125% vs 2022 (€ 20,154) Favourable step	€ 42,118 Cash 2024: € 42,118 ▼ 7% vs 2023 (€ 45,343) Unfavourable step	€ 21,269 Cash 2025: € 21,269 ▼ 50% vs 2024 (€ 42,118) Unfavourable step	▼ 50%
Land & buildings	€ 637,386 Land & buildings 2022: € 637,386 First fiscal year in the series	€ 595,236 Land & buildings 2023: € 595,236 ▼ 7% vs 2022 (€ 637,386) Unchanged	€ 573,086 Land & buildings 2024: € 573,086 ▼ 4% vs 2023 (€ 595,236) Unchanged	€ 500,936 Land & buildings 2025: € 500,936 ▼ 13% vs 2024 (€ 573,086) Unchanged	▼ 13%
Retained profit	€ 16,338 Retained profit 2022: € 16,338 First fiscal year in the series	€ 84,809 Retained profit 2023: € 84,809 ▲ € 68,471 vs 2022 (€ 16,338) Favourable step	€ 127,863 Retained profit 2024: € 127,863 ▲ 51% vs 2023 (€ 84,809) Favourable step	€ 200,495 Retained profit 2025: € 200,495 ▲ 57% vs 2024 (€ 127,863) Favourable step	▲ 57%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 20,000 Dividend 2023: € 20,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 20,000) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 633,231 Bank debt 2022: € 633,231 First fiscal year in the series	€ 506,989 Bank debt 2023: € 506,989 ▼ 20% vs 2022 (€ 633,231) Favourable step	€ 412,566 Bank debt 2024: € 412,566 ▼ 19% vs 2023 (€ 506,989) Favourable step	€ 295,187 Bank debt 2025: € 295,187 ▼ 28% vs 2024 (€ 412,566) Favourable step	▼ 28%
Balance sheet total	€ 965,288 Balance sheet total 2022: € 965,288 First fiscal year in the series	€ 953,802 Balance sheet total 2023: € 953,802 ▼ 1% vs 2022 (€ 965,288) Unchanged	€ 830,690 Balance sheet total 2024: € 830,690 ▼ 13% vs 2023 (€ 953,802) Unchanged	€ 790,063 Balance sheet total 2025: € 790,063 ▼ 5% vs 2024 (€ 830,690) Unchanged	▼ 5%
Employees (FTE)	8 Employees (FTE) 2022: 8 First fiscal year in the series	6.7 Employees (FTE) 2023: 6.7 ▼ 1.3 vs 2022 (8) Unchanged	6.3 Employees (FTE) 2024: 6.3 ▼ 0.4 vs 2023 (6.7) Unchanged	-

Key figures of VML CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to VML CONSTRUCT?

What happened at VML CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: profit of € 72,632 (▲ 69% vs 2024). filed late Source: NBB ↗
Jan 1, 1977 New establishment in Oudenaarde. KBO
Jan 1, 1977 Start of the company according to the CBE. KBO

In short

From € 34,509 profit in 2022 to € 72,632 profit in 2025.

Paid € 77,186 in corporate taxes since 2022.

Best year ever: 2023, with € 88,471 profit.

On average € 76,000 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Luc Van Merhaeghe

VML CONSTRUCT

Behind VML CONSTRUCT is Luc Van Merhaeghe.

Directors

According to the 2025 annual accounts

Luc Van Merhaeghe

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Jacob Lacopsstraat 20 box 305

9700 Oudenaarde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

B.M. DEWYN

Architect Patrick Matthys

€ 46,682 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0416.947.471

VAT number

BE 0416.947.471

Registered office

Jacob Lacopsstraat 20 bus 305, 9700 Oudenaarde

Names & denominations

VML CONSTRUCT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 January 1977

Peppol

Active · Active since 27 Aug 2023

Activities · NACE

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

View on CBE Public ↗ Annual accounts (NBB) ↗

VML CONSTRUCT

Warning lights

Financials

What happened to VML CONSTRUCT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions