Skip to content

F-VDD

Active
Public limited companyfounded 201213 yrs activeGangstraat 20, 1050 Elsene, BelgiumKBO/BCE: BE 0500.916.413
Summary

F-VDD has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150.3m and a net result of -€4,847. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability37▼-2
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 23.17 against 24.99 in 2024; short-term debt: 0% and cash: 0% of total assets), and 0% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
0%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
37 d early
2023
37 d early
2022
151 d early
2021
41 d early
2020
43 d early
2019
46 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 55 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

F-VDD was incorporated on 20 November 2012.1 Total assets rose from EUR 16 million in 2018 to EUR 150 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,847
2024 · €830,369
Working capital
€97,836▼ 4.7%
2024 · €102,683
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€4,207▲ 26.9%€2,969€1.9m▲ 65,257%€832,730▼ 57.1%-€7,828
Net result€6,258▼ 85.9%€3,523▼ 43.7%€1.9m▲ 55,153%€830,369▼ 57.3%-€4,847
Equity€16.2m=€16.2m=€149.4m▲ 823%€150.3m▲ 0.6%€150.3m=
Total assets€16.2m=€16.2m=€149.5m▲ 823%€150.3m▲ 0.6%€150.3m=
Debt€4,132€4,281▲ 3.6%€4,413▲ 3.1%
Working capital€783,314€102,683▼ 86.9%€97,836▼ 4.7%
Why a figure moved sharply
  • 2024 Net result -57% on 2023. The accounts now follow the micro schema, last year the full schema.
  • 2023 Net result +55,153% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5m€2.0mOperating result 2021: -€4,207-€4,207Net result 2021: €6,258€6,258Operating result 2022: €2,969€2,969Net result 2022: €3,523€3,523Operating result 2023: €1.9m€1.9mNet result 2023: €1.9m€1.9mOperating result 2024: €832,730€832,730Net result 2024: €830,369€830,369Operating result 2025: -€7,828-€7,828Net result 2025: -€4,847-€4,84720212022202320242025-€500,000€0€500,000€1m€1.5m€2mOperating result 2023: €1.9m€1.9mNet result 2023: €1.9m€1.9mOperating result 2024: €832,730€833,000Net result 2024: €830,369€830,000Operating result 2025: -€7,828-€7,830Net result 2025: -€4,847-€4,850202320242025
The operating result turns negative in 2025: a loss of €7,828 after €832,730 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150.3m
Fixed assets €150.2m =
Current assets €102,248 ▼ 4.4%
Equity and liabilities €150.3m
Equity €150.3m =
Debt €4,413 ▲ 3.1%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
2025 value · change against 2024
Current ratio
23.17▼
2024 · 24.99
Debt to equity
0.00▲
2024 · 0.00
ROE
0.0%▼
2024 · 0.6%
ROA
0.0%▼
2024 · 0.6%
Debt ≤ 1 year
€4,413▲
2024 · €4,281
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€150.3m€150.3m=
Fixed assets21/28€150.2m€150.2m=
Financial fixed assets28€150.2m€150.2m=
Current assets29/58€106,964€102,248▼
Amounts receivable within one year40/41€89,389€92,573▲
Other amounts receivable41€89,389€92,573▲
Cash at bank and in hand54/58€17,575€9,676▼
Equity and liabilities
Total equity and liabilities10/49€150.3m€150.3m=
Equity10/15€150.3m€150.3m=
Contributions10/11€147.7m€147.7m=
Capital10€147.7m€147.7m=
Issued capital100€147.7m€147.7m=
Reserves13€2.6m€2.6m=
Non-distributable reserves130/1€2.6m€2.6m=
Legal reserve130€2.6m€2.6m=
Profit (loss) carried forward14€2,155-€2,692▼
Amounts payable17/49€4,281€4,413▲
Amounts payable within one year42/48€4,281€4,413▲
Trade debts44€3,630€3,739▲
Suppliers440/4€3,630€3,739▲
Other amounts payable47/48€651€674▲
Income statement Code20242025
Non-recurring operating income76A€850,000-
Other operating charges640/8€1,540€1,064▼
Gross operating margin9900€834,270-€6,764▼
Operating profit (loss)9901€832,730-€7,828▼
Financial income75/76B€1,936€3,183▲
Recurring financial income75€1,936€3,183▲
Financial charges65/66B€4,297€203▼
Recurring financial charges65€4,297€203▼
Profit (loss) for the period before taxes9903€830,369-€4,847▼
Profit (loss) for the period9904€830,369-€4,847▼
Profit (loss) for the period to be appropriated9905€830,369-€4,847▼
Appropriation of the result
Profit (loss) to be appropriated9906€842,155-€2,692▼
Profit (loss) brought forward from the previous period14P€11,786€2,155▼
Transfer to equity691/2€840,000-
To the legal reserve6920€840,000-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A--€2.0m---
Non-recurring operating income76A-€10,000€2.0m€850,000--
Operating charges60/66A--€59,426---
Services and other goods61--€58,385---
Other operating charges640/8€1,182€925€1,041€1,540€1,064▼ 30.9%
Gross operating margin9900-€3,025€3,894-€834,270-€6,764▼ 101%
Operating profit (loss)9901-€4,207€2,969€1.9m€832,730-€7,828▼ 101%
Financial income75/76B€10,607€704€6,648€1,936€3,183▲ 64.4%
Recurring financial income75€10,607€704€6,648€1,936€3,183▲ 64.4%
Other financial income752/9--€6,648---
Financial charges65/66B€143€150€643€4,297€203▼ 95.3%
Recurring financial charges65€143€150€643€4,297€203▼ 95.3%
Other financial charges652/9--€643---
Profit (loss) for the period before taxes9903€6,258€3,523€1.9m€830,369-€4,847▼ 101%
Profit (loss) for the period9904€6,258€3,523€1.9m€830,369-€4,847▼ 101%
Profit (loss) for the period to be appropriated9905€6,258€3,523€1.9m€830,369-€4,847▼ 101%
Line20212022202320242025Change
Assets
Total assets20/58€16.2m€16.2m€149.5m€150.3m€150.3m=
Fixed assets21/28€16.1m€16.1m€148.7m€150.2m€150.2m=
Financial fixed assets28€16.1m€16.1m€148.7m€150.2m€150.2m=
Affiliated companies280/1--€148.7m---
Participating interests280--€148.7m---
Current assets29/58€40,642€44,165€787,446€106,964€102,248▼ 4.4%
Amounts receivable within one year40/41€35,190€35,894€752,133€89,389€92,573▲ 3.6%
Other amounts receivable41€35,190€35,894€752,133€89,389€92,573▲ 3.6%
Cash at bank and in hand54/58€5,452€8,271€35,313€17,575€9,676▼ 44.9%
Equity and liabilities
Total equity and liabilities10/49€16.2m€16.2m€149.5m€150.3m€150.3m=
Equity10/15€16.2m€16.2m€149.4m€150.3m€150.3m=
Contributions10/11€16.1m€16.1m€147.7m€147.7m€147.7m=
Capital10€16.1m€16.1m€147.7m€147.7m€147.7m=
Issued capital100€16.1m€16.1m€147.7m€147.7m€147.7m=
Reserves13€30,000€30,000€1.7m€2.6m€2.6m=
Non-distributable reserves130/1€30,000€30,000€47,000€2.6m€2.6m=
Legal reserve130€30,000€30,000€47,000€2.6m€2.6m=
Distributable reserves133--€1.7m---
Profit (loss) carried forward14€10,642€14,165€11,786€2,155-€2,692▼ 225%
Amounts payable17/49--€4,132€4,281€4,413▲ 3.1%
Amounts payable within one year42/48--€4,132€4,281€4,413▲ 3.1%
Trade debts44--€3,509€3,630€3,739▲ 3.0%
Suppliers440/4--€3,509€3,630€3,739▲ 3.0%
Other amounts payable47/48--€623€651€674▲ 3.5%
Line20212022202320242025Change
Profit (loss) for the period9904€6,258€3,523€1.9m€830,369-€4,847▼ 101%
Operating cash flow (approximation)€6,258€3,523€1.9m€830,369-€4,847▼ 101%
Investment in fixed assets (approximation)-€0-€132.5m-€1.5m€0▲ 100%
Change in cash-€2,819€27,042-€17,738-€7,899▲ 55.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€4,847
Net result drops to -€4,847, the lowest in the series.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €1.9m ▲55,153%
Operating result €1.9m, net result €1.9m, both a record.
31-12
Financial Equity above €100mEq €149.4m ▲823%
4 profitable years in a row build equity to €149.4m.
02-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €44,309
Net result €44,309 after 2 loss-making years.
15-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
1,048 m²
Building footprint
86 m²
Volume, LiDAR
875 m³
Parcel 21442A0146/00H014, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
F-VDD
Gangstraat 20, 1050 ElseneHoldings
since 20122.251.027.530
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0146/00H014 Brussels 1,048 m² 1 · 86 m² 17.1 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

5 holdings · 7 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 5

All subsidiaries, including indirect ones 7

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of F-VDD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded20-11-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.