Financials
Financial year 2025
VSB CONSTRUCT from Avelgem, company number BE0845540981, closed financial year 2025 with a result of € 31,296 after tax. For that financial year VSB CONSTRUCT recorded a gross margin of € 159,364 and equity of € 45,238. Compared with financial year 2024, the result moved from € 10,128 to € 31,296. 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 February 2, 2026.
€ 45,238
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,296
▲ 209% vs 2024
Profit after tax over the fiscal year.
€ 24,375
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12,693 paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 89,546
▼ 33% 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.
€ 42,984
▼ 30% vs 2024
Of which on lease € 18,544.
Debts at end 2025
€ 53,652
▼ 20% vs 2024
€ 21,197 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 76,925
▲ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,162
▲ 83% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 175,501 | € 177,156 | € 178,859 | € 159,364 | ▼ 11% |
| Profit after taxes | € 5,035 | € -26,496 | € 10,128 | € 31,296 | ▲ 209% |
| Equity | € 61,603 | € 35,107 | € 45,235 | € 45,238 | |
| Total debts | € 148,069 | € 163,658 | € 140,629 | € 163,678 | ▲ 16% |
| Cash | € 33,306 | € 13,667 | € 39,629 | € 24,375 | ▼ 38% |
| Land & buildings | € 7,500 | € 6,000 | € 4,500 | € 3,000 | ▼ 33% |
| Retained profit | € 43,003 | € 16,507 | € 26,635 | € 45,238 | ▲ 70% |
| Dividend | € 9,588 | € 0 | € 0 | € 12,693 | |
| Bank debt | € 53,670 | € 83,002 | € 67,105 | € 53,652 | ▼ 20% |
| Balance sheet total | € 209,672 | € 198,765 | € 185,864 | € 208,916 | ▲ 12% |
By gross margin, VSB CONSTRUCT ranks 4th of 8 companies with main activity “Algemene bouw van residentiële gebouwen” in Avelgem that publish figures (fiscal year 2025).
Key figures of VSB 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 30 April 2027.
Ask about VSB CONSTRUCT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to VSB CONSTRUCT?
What happened at VSB CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,296 (▲ 209% vs 2024). Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,035 profit in 2022 to € 31,296 profit in 2025.
Paid € 19,467 in corporate taxes since 2022.
Best year ever: 2025, with € 31,296 profit.
Paid out € 22,281 in dividends to the owners in total.
Management
Behind VSB CONSTRUCT is Nico Vansteenberge.
Directors
According to the 2025 annual accounts
Nico Vansteenberge
Director
Establishments
Establishment units
Physical locations of this company
Knobbelstraat 39 box F
8580 Avelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0845.540.981
- VAT number
- BE 0845.540.981
- Registered office
- Knobbelstraat 39 bus F, 8580 Avelgem
- Names & denominations
- VSB CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2012
- Peppol
- Active · Active since 24 Mar 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Stukadoorswerk
Plaatsen van vloer- en wandtegels