Equity
€459,830 ▲ 90.5%
Equity rose in 2025 from €241,426 to €459,830.
GROUP VDS
Lifetime
17 annual accounts with figures on one time axispeak €571,069 (2010)
-€69,246▼ €249,024
lowest -€21,318 (2013)
€218,404▲ 971%
peak €459,830 (2025)
€459,830▲ 90.5%
€1.1m▲ 36.7%
peak 1 FTE (2010)
0 FTE
Board1 name since 2021
1 directorVANDERSMISSEN Dennis Ludovicus
Documentsfilings and deeds
17-09-202648 days late
2025abbreviated format
Gross margin from €179,778 to -€69,246Result from €20,397 to €218,404Equity from €241,426 to €459,830Debts from €777,770 to €1.1mCash from €30,919 to €1,807
Key points
from the 2025 annual accountsDebts
€1.1m ▲ 36.7%
Debts rose by €285,149 in 2025.
Securities
€340,000
Mortgages, new in 2025. 73.9% of equity · not in the 2024 accounts.
Filings
17 annual accounts since 2009
Seven of the last ten came late. The 2020 accounts came latest: 90 days after the end of the period.
Group
3 companies controlled
Heads a group.
Position in the sector
€218,404
Higher net result than 82% of companies in head offices and management consultancy. Sector median €37,473 · 10,857 companies.
Turnover not published (abbreviated or micro format)Net result +971%: one-off income
Checked score
67
Healthy
Financially stronger than 36% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%▲ +0.1 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 1.0%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.2%▼ -0.8 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.3%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.8%▲ +0.2 percentage points vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.18, cash €1,807, halved
Last filed accounts filed 48 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €1.5m
Founded in 2008
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 31% of them on solvency, 9% on liquidity, 18% on profitability and 88% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as GROUP VDS has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
The bankruptcy probability of GROUP VDS itself is higher: 0.8% within 12 months. It rests on far more data about GROUP VDS than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for GROUP VDS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (0.93 in 2024), below the usual 1.5. Short-term debt is 55% and cash 0.1% of total assets. 69.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 48 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
48 days late
2024
61 days late
2023
61 days late
2022
40 days late
2021
31 days late
2020
90 days late
2019
73 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 58 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: VANDERSMISSEN Dennis Ludovicus (manager)
Reappointment: VANDERSMISSEN Dennis Ludovicus (director) · Director discharge: VANDERSMISSEN Dennis Ludovicus · General meeting of 22-12-2023 · Gazette deed
Resignation: VANDERSMISSEN Dennis Ludovicus (manager)
Reappointment: VANDERSMISSEN Dennis Ludovicus (director) · Director discharge: VANDERSMISSEN Dennis Ludovicus · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806368621
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| GROUP VDS Linter | €1.5m | -€69,246 | 30.2% | 0 |
| NAXXOS Steenokkerzeel | €1.7m | -€18,954 | 99.5% | 0 |
| Plazacity Willebroek | €1.7m | -€4,015 | 7.2% | 0 |
| Belnan Arendonk | €1.4m | -€7,588 | 70.2% | 0 |
| VANDAMME JAN Zulte | €1.5m | -€18,464 | 61.6% | 0 |
| AM-PHARMA Menen | €1.4m | -€9,314 | 34.7% | 0 |
| Whoohoo Belgium Flex Antwerp | €1.8m | -€4,806 | 98.5% | 0 |
These companies have the same main activity as GROUP VDS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.4m and €1.8m, founded between 2006 and 2010.
Official details
Source: KBO- Status
- Active since 05-09-2008Normal situation
- Activity
- Business and other management consultancyNACE 70200and 5 others
- Establishment unit
- 2.173.594.3113350 Linter, since 14-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Companies linked to GROUP VDS
Subsidiaries and holdings
- Trustfin100%
- COPTER FINANCE49%
Insights on GROUP VDS
GROUP VDS files the abbreviated format. That format states no turnover. The gross margin fell from €66,998 in 2009 to -€69,246 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about GROUP VDS
- What is the company number of GROUP VDS?
- The company number of GROUP VDS is 0806.368.621. The VAT number is the same number with BE in front: BE 0806.368.621.
- Where is GROUP VDS based?
- The registered office is at Bredestraat 123, 3350 Linter.Company details
- What does GROUP VDS do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of GROUP VDS?
- GROUP VDS is a private limited company (BV).
- When was GROUP VDS founded?
- GROUP VDS was founded on 05-09-2008.
- Is GROUP VDS still active?
- Yes, GROUP VDS is an active enterprise in the KBO register.
- What is the turnover of GROUP VDS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is GROUP VDS profitable?
- In financial year 2025, GROUP VDS made a profit of €218,404.
- Where can I find the annual accounts of GROUP VDS?
- GROUP VDS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GROUP VDS due?
- GROUP VDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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