Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VDD CONSTRUCT from Wielsbeke, company number BE0874861806, closed financial year 2026 with a result of € 16,410 after tax. For that financial year VDD CONSTRUCT recorded a gross margin of € 109,054 and equity of € 263,595. Compared with financial year 2025, the result moved from € 27,875 to € 16,410. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 11, 2026.
€ 263,595
▼ 14% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,410
▼ 41% vs 2025
Profit after tax over the fiscal year.
€ 31,090
▼ 25% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 94,884
▼ 21% vs 2025
Of which on lease € 49,500.
Debts at end 2026
€ 267,679
▼ 18% vs 2025
€ 59,794 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 24,536
▼ 20% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 16,574
▼ 5% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 89,030 | € 152,022 | € 124,220 | € 109,054 | ▼ 12% |
| Profit after taxes | € 17,451 | € 55,131 | € 27,875 | € 16,410 | ▼ 41% |
| Equity | € 224,179 | € 279,310 | € 307,185 | € 263,595 | ▼ 14% |
| Total debts | € 478,534 | € 458,280 | € 374,760 | € 329,804 | ▼ 12% |
| Cash | € 31,576 | € 23,004 | € 41,310 | € 31,090 | ▼ 25% |
| Land & buildings | € 422,729 | € 501,575 | € 470,420 | € 439,266 | ▼ 7% |
| Retained profit | € 205,579 | € 260,710 | € 288,585 | € 244,995 | ▼ 15% |
| Dividend | € 0 | € 0 | € 0 | € 60,000 | |
| Bank debt | € 361,548 | € 394,432 | € 325,464 | € 267,679 | ▼ 18% |
| Balance sheet total | € 702,713 | € 737,591 | € 681,945 | € 593,398 | ▼ 13% |
By gross margin, VDD CONSTRUCT ranks 5th of 12 companies with main activity “Metselwerk” in Wielsbeke that publish figures (fiscal year 2026).
Key figures of VDD CONSTRUCT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about VDD 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 VDD CONSTRUCT?
What happened at VDD CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 16,410 (▼ 41% vs 2025). filed late Source: NBB ↗
- New establishment in Wielsbeke. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 17,451 profit in 2023 to € 16,410 profit in 2026.
Paid € 63,190 in corporate taxes since 2023.
Best year ever: 2024, with € 55,131 profit.
Paid out € 60,000 in dividends to the owners in total.
Management
Behind VDD CONSTRUCT are Tinneke Noreillie and Piedro Vandendriessche.
Directors
According to the 2026 annual accounts
Tinneke Noreillie
Director
Piedro Vandendriessche
Director
Establishments
Establishment units
Physical locations of this company
Hulstersestraat(O) 202
8710 Wielsbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Wielsbeke
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VLOERWERKEN VAN DE PUTTE JEROEN
€ 92,824 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDENDRIESSCHE Piédro Geert Leon(oprichter) 89.8%
- NOREILLIE Tineke Gerda(oprichter) 10.2%
Details
- Company number
- 0874.861.806
- VAT number
- BE 0874.861.806
- Registered office
- Hulstersestraat(O) 202, 8710 Wielsbeke
- Names & denominations
- VDD CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2005
- Peppol
- Active · Active since 14 Jan 2026
- Activities · NACE
Metselwerk
Overige gespecialiseerde werkzaamheden in de bouw
Uitvoeren van metsel- en voegwerken