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 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VB Projectbouw from Blankenberge, company number BE0766545963, closed financial year 2025 with a result of € 129,060 after tax. For that financial year VB Projectbouw recorded a gross margin of € 353,216 and equity of € 682,513. Compared with financial year 2024, the result moved from € 141,905 to € 129,060. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 682,513
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 129,060
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 243,831
▲ 252% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 677,513.
People and assets in 2025
1.4
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 82,563
▲ 40% vs 2024
€ 59,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,370
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 934,051
▲ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 120,479
▲ 181% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,724
▼ 84% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 158,862 | € 438,150 | € 341,729 | € 353,216 | ▲ 3% |
| Profit after taxes | € 73,479 | € 289,914 | € 141,905 | € 129,060 | ▼ 9% |
| Equity | € 121,635 | € 411,548 | € 553,453 | € 682,513 | ▲ 23% |
| Total debts | € 1,960,996 | € 4,057,089 | € 1,254,994 | € 2,544,225 | ▲ 103% |
| Cash | € 183,504 | € 202,340 | € 69,334 | € 243,831 | ▲ 252% |
| Land & buildings | - | € 344,706 | € 452,992 | € 430,463 | ▼ 5% |
| Retained profit | € 116,635 | € 406,548 | € 548,453 | € 677,513 | ▲ 24% |
| Bank debt | € 168,061 | € 403,266 | € 546,734 | € 934,051 | ▲ 71% |
| Balance sheet total | € 2,082,630 | € 4,468,637 | € 1,808,447 | € 3,226,738 | ▲ 78% |
| Employees (FTE) | 0 | 0 | 1.1 | 1.4 | ▲ 0.3 |
Key figures of VB Projectbouw, 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 VB Projectbouw?
What happened at VB Projectbouw in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 129,060 (▼ 9% vs 2024). Source: NBB ↗
- New establishment in Blankenberge. KBO
- Leovic BV became a director. NBB
- NICK VERWIMP PROJECTBOUW BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 73,479 profit in 2022 to € 129,060 profit in 2025.
Paid € 221,637 in corporate taxes since 2022.
Best year ever: 2023, with € 289,914 profit.
On average € 252,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of NICK VERWIMP PROJECTBOUW, Leovic comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VB ProjectbouwBehind VB Projectbouw are Leovic BV and NICK VERWIMP PROJECTBOUW BV. The shares are held by NICK VERWIMP PROJECTBOUW (27%) and Leovic (27%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Nick Verwimp
Also active at: Terranova, WULLOK, WULLOK CONSTRUCT
since 2021
Shareholders
27%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
K. Deswertlaan 61 box .001
8370 Blankenberge
K. Deswertlaan 61 box 1
8370 Blankenberge
Active since 9 April 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0766.545.963
- VAT number
- BE 0766.545.963
- Registered office
- K. Deswertlaan 61 bus .001, 8370 Blankenberge
- Names & denominations
- VB Projectbouw
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2021
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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