F-VDD
ActiveSummary
F-VDD has been active since 2012 and the Belgian Official 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 0.2% (very low).
Financials · financial year 2025, full format
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
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €7,828 after €832,730 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.008m
2025
Net result-€0.005m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€150.3m
2025
Equity€150.3m
2025
Debt€0.004m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.1m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.004m--€0.004m▲ 4.3%-€0.006m▼ 45.8%-€0.004m▲ 26.9%€0.003m€1.9m▲ 654×€0.8m▼ 57.1%-€0.008m
Net result-€0.004m--€0.004m▲ 1.3%€0.04m€0.006m▼ 85.9%€0.004m▼ 43.7%€1.9m▲ 553×€0.8m▼ 57.3%-€0.005m
Equity€16.1m-€16.1m=€16.2m▲ 0.3%€16.2m=€16.2m=€149.4m▲ 823%€150.3m▲ 0.6%€150.3m=
Total assets€16.1m-€16.1m=€16.2m▲ 0.2%€16.2m=€16.2m=€149.5m▲ 823%€150.3m▲ 0.6%€150.3m=
Debt€0.02m-€0.02m▲ 2.0%€0.004m€0.004m▲ 3.6%€0.004m▲ 3.1%
Working capital-€0.006m--€0.01m▼ 78.3%€0.8m€0.1m▼ 86.9%€0.1m▼ 4.7%
Why a figure moved sharply
- 2024 Net result -57% on 2023. The accounts now follow the micro format, last year the full format.
- 2023 Net result +55,153% on 2022. The accounts now follow the full format, last year the micro format.
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
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
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | €2.0m | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €0.01m | €2.0m | €0.9m | - | - |
| Operating charges60/66A | - | - | - | - | - | €0.06m | - | - | - |
| Services and other goods61 | - | - | - | - | - | €0.06m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.002m | €0.001m | ▼ 30.9% |
| Gross operating margin9900 | -€0.003m | -€0.003m | -€0.005m | -€0.003m | €0.004m | - | €0.8m | -€0.007m | - |
| Operating profit (loss)9901 | -€0.004m | -€0.004m | -€0.006m | -€0.004m | €0.003m | €1.9m | €0.8m | -€0.008m | - |
| Financial income75/76B | - | - | - | €0.01m | €0.001m | €0.007m | €0.002m | €0.003m | ▲ 64.4% |
| Recurring financial income75 | - | - | €0.05m | €0.01m | €0.001m | €0.007m | €0.002m | €0.003m | ▲ 64.4% |
| Other financial income752/9 | - | - | - | - | - | €0.007m | - | - | - |
| Financial charges65/66B | - | - | - | €143 | €150 | €0.001m | €0.004m | €203 | ▼ 95.3% |
| Recurring financial charges65 | €292 | €411 | €120 | €143 | €150 | €0.001m | €0.004m | €203 | ▼ 95.3% |
| Other financial charges652/9 | - | - | - | - | - | €0.001m | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.004m | -€0.004m | €0.04m | €0.006m | €0.004m | €1.9m | €0.8m | -€0.005m | - |
| Profit (loss) for the period9904 | -€0.004m | -€0.004m | €0.04m | €0.006m | €0.004m | €1.9m | €0.8m | -€0.005m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.004m | -€0.004m | €0.04m | €0.006m | €0.004m | €1.9m | €0.8m | -€0.005m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €16.1m | €16.1m | €16.2m | €16.2m | €16.2m | €149.5m | €150.3m | €150.3m | = |
| Fixed assets21/28 | €16.1m | €16.1m | €16.1m | €16.1m | €16.1m | €148.7m | €150.2m | €150.2m | = |
| Financial fixed assets28 | €16.1m | €16.1m | €16.1m | €16.1m | €16.1m | €148.7m | €150.2m | €150.2m | = |
| Affiliated companies280/1 | - | - | - | - | - | €148.7m | - | - | - |
| Participating interests280 | - | - | - | - | - | €148.7m | - | - | - |
| Current assets29/58 | €0.01m | €0.006m | €0.03m | €0.04m | €0.04m | €0.8m | €0.1m | €0.1m | ▼ 4.4% |
| Amounts receivable within one year40/41 | - | - | €0.02m | €0.04m | €0.04m | €0.8m | €0.09m | €0.09m | ▲ 3.6% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.04m | €0.8m | €0.09m | €0.09m | ▲ 3.6% |
| Cash at bank and in hand54/58 | €0.01m | €0.006m | €0.01m | €0.005m | €0.008m | €0.04m | €0.02m | €0.01m | ▼ 44.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €16.1m | €16.1m | €16.2m | €16.2m | €16.2m | €149.5m | €150.3m | €150.3m | = |
| Equity10/15 | €16.1m | €16.1m | €16.2m | €16.2m | €16.2m | €149.4m | €150.3m | €150.3m | = |
| Contributions10/11 | €16.1m | €16.1m | €16.1m | €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 | €0.01m | €0.01m | €0.03m | €0.03m | €0.03m | €1.7m | €2.6m | €2.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.05m | €2.6m | €2.6m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.05m | €2.6m | €2.6m | = |
| Distributable reserves133 | - | - | - | - | - | €1.7m | - | - | - |
| Profit (loss) carried forward14 | -€0.02m | -€0.02m | €0.004m | €0.01m | €0.01m | €0.01m | €0.002m | -€0.003m | - |
| Amounts payable17/49 | €0.02m | €0.02m | - | - | - | €0.004m | €0.004m | €0.004m | ▲ 3.1% |
| Amounts payable within one year42/48 | €0.02m | €0.02m | - | - | - | €0.004m | €0.004m | €0.004m | ▲ 3.1% |
| Trade debts44 | - | - | - | - | - | €0.004m | €0.004m | €0.004m | ▲ 3.0% |
| Suppliers440/4 | - | - | - | - | - | €0.004m | €0.004m | €0.004m | ▲ 3.0% |
| Other amounts payable47/48 | - | - | - | - | - | €0.001m | €0.001m | €0.001m | ▲ 3.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.004m | -€0.004m | €0.04m | €0.006m | €0.004m | €1.9m | €0.8m | -€0.005m | - |
| Operating cash flow (approximation) | -€0.004m | -€0.004m | €0.04m | €0.006m | €0.004m | €1.9m | €0.8m | -€0.005m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€132.5m | -€1.5m | €0 | - |
| Change in cash | - | -€0.004m | €0.004m | -€0.004m | €0.003m | €0.03m | -€0.02m | -€0.008m | ▲ 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 30-06-2026 | 2026-00268319 |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00188927 |
| 31-12-2023 | full format | 24-06-2024 | 2024-00159680 |
| 31-12-2022 | micro format | 02-03-2023 | 2023-00035041 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20081651 |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21700071 |
| 31-12-2019 | micro format | 15-06-2020 | 2020-17400591 |
| 31-12-2018 | micro format | 13-06-2019 | 2019-18300330 |
| 31-12-2017 | full format | 07-06-2018 | 2018-16600596 |
| 31-12-2016 | full format | 20-06-2017 | 2017-19200560 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.