GROUP V.D.S.
ActiveGROUP V.D.S. has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.49M and a net result of €-200k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 4828 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-74
Solvency100=
Growth35▼-12
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.91 in 2024; short-term debt: 21.1% and cash: 0% of total assets), and 23.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.1%
Return on assets
-4.3%
Age of the figures
9 mo
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
84 d early
2024
84 d early
2023
100 d early
2022
89 d early
2021
37 d early
2020
57 d early
2019
43 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€217k▼ 74.1%
2024 · €837k
2018: €793k
2019: €820k
2020: €820k
2021: €800k
2022: €390k
2023: €1.25M
2024: €837k
2018 → 2025
EBIT margin
-92.8%▼ 130.1pp
2024 · 37.3%
2018: 13.0%
2019: 9.6%
2020: 20.1%
2021: 32.3%
2022: -19.5%
2023: 55.3%
2024: 37.3%
2018 → 2025
Net result
€-200k
2024 · €229k
2018: €695k
2019: €334k
2020: €358k
2021: €1.24M
2022: €423k
2023: €1.85M
2024: €229k
2018 → 2025
Working capital
€-867k▼ 2,127%
2024 · €-39k
2018: €-1.54M
2019: €-532k
2020: €-186k
2021: €-207k
2022: €-262k
2023: €-159k
2024: €-39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€800k-€390k▼ 51.3%€1.25M▲ 219%€837k▼ 32.8%€217k▼ 74.1%
Equity€3.04M-€2.97M▼ 2.5%€3.47M▲ 16.8%€3.69M▲ 6.6%€3.49M▼ 5.4%
Operating result€258k-€-76k€689k€312k▼ 54.7%€-201k
Net result€1.24M-€423k▼ 65.9%€1.85M▲ 336%€229k▼ 87.6%€-200k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €201k after €312k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.59M
Fixed assets
€4.49M▲ 2.8%
Current assets
€102k▼ 73.6%
Equity and liabilities €4.59M
Equity
€3.49M▼ 5.4%
Provisions
€125k▼ 58.3%
Debt
€972k▲ 27.9%
The debt ratio rises from 16.0% to 21.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-11k▼
2024 · €483k
Cash flow
€-10k▼
2024 · €400k
Solvency
76.1%▼
2024 · 77.7%
Current ratio
0.11▼
2024 · 0.91
Quick ratio
0.11▼
2024 · 0.91
Debt / equity
0.28▲
2024 · 0.21
ROE
-5.7%▼
2024 · 6.2%
ROA
-4.3%▼
2024 · 4.8%
Interest coverage
-0.78▼
2024 · 26.68
Debt
€972k▲
2024 · €760k
Debt ≤ 1 year
€969k▲
2024 · €426k
Debt > 1 year
€0▼
2024 · €331k
Income taxes
€0▼
2024 · €79k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.75M€4.59M▼
Fixed assets21/28€4.37M€4.49M▲
Tangible fixed assets22/27€1.60M€1.72M▲
Plant, machinery and equipment23€1.60M€1.72M▲
Financial fixed assets28€2.77M€2.77M=
Affiliated companies280/1€2.77M€2.77M=
Participating interests280€2.77M€2.77M=
Current assets29/58€387k€102k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€375k€88k▼
Trade receivables40€93k€0▼
Other amounts receivable41€282k€88k▼
Cash at bank and in hand54/58€0€411▲
Deferred charges and accrued income490/1€12k€14k▲
Equity and liabilities
Total equity and liabilities10/49€4.75M€4.59M▼
Equity10/15€3.69M€3.49M▼
Contributions10/11€198k€198k=
Capital10€198k€198k=
Issued capital100€198k€198k=
Reserves13€933k€890k▼
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€417k€375k▼
Distributable reserves133€496k€496k=
Profit (loss) carried forward14€2.56M€2.41M▼
Provisions and deferred taxes16€299k€125k▼
Provisions for liabilities and charges160/5€160k€0▼
Major repairs and maintenance162€160k€0▼
Deferred taxes168€139k€125k▼
Amounts payable17/49€760k€972k▲
Amounts payable after more than one year17€331k€0▼
Financial debts170/4€331k€0▼
Credit institutions173€331k€0▼
Amounts payable within one year42/48€426k€969k▲
Current portion of amounts payable after more than one year42€99k€0▼
Trade debts44€327k€645k▲
Suppliers440/4€327k€645k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48-€324k
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Operating income70/76A€837k€217k▼
Turnover70€837k€217k▼
Operating charges60/66A€525k€418k▼
Services and other goods61€272k€387k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€171k€190k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€80k€-160k▼
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€312k€-201k▼
Financial income75/76B€678€3k▲
Recurring financial income75€678€3k▲
Income from financial fixed assets750€0-
Income from current assets751€678€2k▲
Other financial income752/9€0€891▲
Financial charges65/66B€19k€16k▼
Recurring financial charges65€19k€16k▼
Debt charges650€18k€14k▼
Other financial charges652/9€746€1k▲
Profit (loss) for the period before taxes9903€294k€-214k▼
Transfer from deferred taxes780€14k€14k=
Income taxes67/77€79k€0▼
Taxes670/3€88k€0▼
Tax adjustments and reversals of tax provisions77€8k€0▼
Profit (loss) for the period9904€229k€-200k▼
Transfer from tax-exempt reserves789€43k€43k=
Profit (loss) for the period to be appropriated9905€272k€-157k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.56M€2.41M▼
Profit (loss) brought forward from the previous period14P€2.29M€2.56M▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-200k ▼187%
Net result drops to €-200k, the lowest in the series.
03-12
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
- General meeting, 2025-04-18
- Auditor appointment, Van Havermaet Bedrijfsrevisoren BV (commissaris)
- Permanent representative, Jansen Amerik
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
09-04
State Gazette act
Statutes amendmentGeneral meeting · Statutes amendment · Capital5 facts ▸
State Gazette act
Statutes amendment
General meeting · Statutes amendment · Capital5 facts ▸
- General meeting, 2024-03-18
- Statutes amendment
- Capital, €198.314,82
- Corporate purpose, Alle verrichtingen, handelingen en daden te stellen, zowel voor eigen rekening als voor rekening van derden, die rechtstreeks of onrechtstreeks betrekking hebbe…
- Power of attorney, BDO Accountants & Belastingadviseurs BV
2023
31-12
Financial
Highest result since 2018net €1.85M ▲336%
Operating result €689k, net result €1.85M, both a record.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Auditor reappointment6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Auditor reappointment6 facts ▸
- General meeting, 2022-06-02
- Director reappointment, Paul Koole (bestuurder)
- Director reappointment, Yvette de Wachter (bestuurder)
- Auditor reappointment, boekjaren eindigend op 31/12/2022, 31/12/2023 en 31/12/2024
- Board meeting, 2022-06-02
- Director reappointment, Paul Koole (gedelegeerd bestuurder)
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €2MEq €2.30M ▲18.4%
3 profitable years in a row build equity to €2.30M.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
07-04
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Auditor appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Auditor appointment3 facts ▸
- General meeting, 2020-02-12
- Auditor reappointment, 2020-02-12
- Auditor appointment, Wouters, Van Merode & C° Bedrijfsrevisoren BV (commissaris)
2019
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 2018-04-20
- Auditor reappointment, 3 boekjaren (2018, 2019, 2020), begin van het lopende boekjaar
- Permanent representative, Christoph Oris
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
09-02
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2018-01-10
- Registered-office move, Vaartkaai 51, 2170 Merksem, België
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 122 days late
27-02
State Gazette act
MiscellaneousBoard meeting · Permanent representative2 facts ▸
State Gazette act
Miscellaneous
Board meeting · Permanent representative2 facts ▸
- Board meeting, 2016-12-27
- Permanent representative, Christoph Oris
2016
10-10
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment · Board meeting5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment · Board meeting5 facts ▸
- General meeting, 2016-04-15
- Director reappointment, Paul Bernardus Jacobus Koole (gedelegeerd bestuurder)
- Director reappointment, Yvette Johanna de Wachter (bestuurder)
- Board meeting, 2016-04-15
- Director reappointment, Paul Bernardus Jacobus Koole (gedelegeerd bestuurder)
2015
23-10
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor reappointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor reappointment · Permanent representative3 facts ▸
- General meeting, 2015-09-25
- Auditor reappointment, 3 years, 2018
- Permanent representative, Ömer Turna
14-01
State Gazette act
PurposeGeneral meeting · Purpose change · Statutes amendment3 facts ▸
State Gazette act
Purpose
General meeting · Purpose change · Statutes amendment3 facts ▸
- General meeting, 2014-11-25
- Purpose change, Het doen van alle hoegenaamd roerende verrichtingen in de meest uitgebreide zin, namelijk de aankoop, de verkoop, het huren en verhuren van roerende zaken waaro…
- Statutes amendment
2013
06-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 2012-08-31
- Director resignation, BDO Bedrijfsrevisoren BCVBA (commissaris)
- Director appointment, Ernst & Young Bedrijfsrevisoren BCVBA (commissaris)
- Mandate compensation, Ernst & Young Bedrijfsrevisoren BCVBA
2011
05-10
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · General meeting4 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · General meeting4 facts ▸
- Board meeting, 2011-08-31
- Director appointment, Paul Koole (gedelegeerd bestuurder)
- General meeting, 2011-06-03
- Auditor reappointment, 3 years, 2014
26-04
State Gazette act
Resignations & appointmentsGeneral meeting · Director reappointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director reappointment3 facts ▸
- General meeting, 2010-06-30
- Director reappointment, KOOLE Paul Bernardus Jacobus (Bestuurder)
- Director reappointment, DE WACHTER Yvette Johanna (Bestuurder)
21-01
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2010-11-22
- Registered-office move, Elzasweg 13 B, 2030 Antwerpen
2010
23-11
State Gazette act
Resignations & appointmentsBoard meeting · Director reappointment3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director reappointment3 facts ▸
- Board meeting, 2010-03-15
- Director reappointment, KOOLE Paul Bernardus Jacobus (Bestuurder)
- Director reappointment, DE WACHTER Yvette Johanna (Bestuurder)
2005
25-04
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2005-02-11
- Registered-office move, Vaartstraat 128 E2, 2520 Ranst
14-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment6 facts ▸
- General meeting, 2004-11-25
- Director resignation, Franciscus Stanislas Van Der Schraelen (bestuurder)
- Director resignation, Frans Albert Van Der Schraelen (bestuurder)
- Director resignation, Herman Hofmans (bestuurder)
- Director appointment, Paul Bernardus Jacobus Koole (bestuurder)
- Director appointment, Yvette Johanna de Wachter (bestuurder)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 directors, no change since 2022
Yvette de Wachter
CurrentDirector · since 02-06-2022
Paul Koole
CurrentManaging director · since 31-08-2011
Paul Bernardus Jacobus Koole
Not recently confirmedManaging director · since 25-11-2004
Yvette Johanna de Wachter
Not recently confirmedDirector · since 25-11-2004
02-06-2022
Yvette de Wachter: Mandate renewed as Director
02-06-2022
Paul Koole: Mandate renewed as Managing director
02-06-2022
Paul Koole: Mandate renewed as Director
15-04-2016
Paul Bernardus Jacobus Koole: Mandate renewed as Managing director
15-04-2016
Yvette Johanna de Wachter: Mandate renewed as Director
31-08-2011
Paul Koole: Appointed as Managing director
15-03-2010
Paul Bernardus Jacobus Koole: Mandate renewed as Director
15-03-2010
Yvette Johanna de Wachter: Mandate renewed as Director
25-11-2004
Paul Bernardus Jacobus Koole: Appointed as Director
25-11-2004
Yvette Johanna de Wachter: Appointed as Director
25-11-2004
Franciscus Stanislas Van Der Schraelen: Resigned as Director
25-11-2004
Frans Albert Van Der Schraelen: Resigned as Director
25-11-2004
Herman Hofmans: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1983
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vaartkaai 512170 AntwerpenGround area
1.5 ha
Building footprint
3,610 m²
Volume, LiDAR
15,666 m³
Parcel 11422C0613/00C002, Flanders · tallest building 49.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROUP V.D.S.
since 19832.023.697.043
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0613/00C002 | Flanders | 1.5 ha | 1 · 3,610 m² | 49.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
7 auditors| BV VAN HAVERMAET BEDRIJFSREVISORENCurrent Statutory auditor · represented by Jansen Amerik | 18-04-2025 → present |
Show 6 earlier auditors
| BDO Atrio Bedrijfsrevisoren BV ovv CVBA Auditor succeeded by Ernst & Young Bedrijfsrevisoren BCVBA in 2012 | 03-06-2011 → 31-08-2012 |
| BDO Bedrijfsrevisoren BCVBA Statutory auditor | - → 31-08-2012 |
| Ernst & Young Bedrijfsrevisoren BCVBA Statutory auditor succeeded by Ernst & Young Bedrijfsrevisoren CVBA in 2015 | 31-08-2012 → 25-09-2015 |
| Ernst & Young Bedrijfsrevisoren CVBA Auditor succeeded by Ernst et Young Reviseurs d'Entreprises in 2018 | 25-09-2015 → 20-04-2018 |
| Ernst et Young Reviseurs d'Entreprises Auditor · represented by Christoph Oris succeeded by BV VAN HAVERMAET BEDRIJFSREVISOREN in 2025 | 20-04-2018 → 18-04-2025 |
| Wouters, Van Merode & C° Bedrijfsrevisoren BV Statutory auditor succeeded by BV VAN HAVERMAET BEDRIJFSREVISOREN in 2025 | 01-01-2019 → 18-04-2025 |
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Of 4,431 companies in sector 46180 we hold annual accounts for 1,887. 460 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1983
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46140Agents in the wholesale of industrial machinery, ships and aircraft
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.