Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of INDONAR is 0.1% (very low). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
Based on State Gazette and CBE data.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 12-05-2026 | 80 d early | 2026-00108537 |
| 30-06-2024 | 31-01-2025 | 14-02-2025 | 14 d late | 2025-00034674 |
| 30-06-2023 | 31-01-2024 | 11-01-2024 | 20 d early | 2024-00546842 |
| 30-06-2022 | 31-01-2023 | 31-01-2023 | on the day | 2023-00011493 |
| 30-06-2021 | 31-01-2022 | 13-01-2022 | 18 d early | 2022-00800320 |
| 30-06-2020 | 31-01-2021 | 25-01-2021 | 6 d early | 2021-02200194 |
| 30-06-2019 | 31-01-2020 | 27-01-2020 | 4 d early | 2020-02100438 |
| 30-06-2018 | 31-01-2019 | 15-01-2019 | 16 d early | 2019-01400357 |
| 30-06-2017 | 31-01-2018 | 23-01-2018 | 8 d early | 2018-02100097 |
| 30-06-2016 | 31-01-2017 | 27-02-2017 | 27 d late | 2017-05300276 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB| Fiscal year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | verkort | 12-05-2026 | 2026-00108537 |
| 30-06-2024 | volledig | 14-02-2025 | 2025-00034674 |
| 30-06-2023 | volledig | 11-01-2024 | 2024-00546842 |
| 30-06-2022 | volledig | 31-01-2023 | 2023-00011493 |
| 30-06-2021 | volledig | 13-01-2022 | 2022-00800320 |
| 30-06-2020 | volledig | 25-01-2021 | 2021-02200194 |
| 30-06-2019 | volledig | 27-01-2020 | 2020-02100438 |
| 30-06-2018 | volledig | 15-01-2019 | 2019-01400357 |
| 30-06-2017 | volledig | 23-01-2018 | 2018-02100097 |
| 30-06-2016 | volledig | 27-02-2017 | 2017-05300276 |
Directors
Directors & mandates
4 directors-
VD PRO HOLD BVLegal entityDirector· perm. rep.: Tom Van WassenhoveState Gazette act 25075835 (17-06-2025)Current17-06-2025 → present
-
MAARSCHALK INVESTLegal entityDirector· perm. rep.: Kristof VERSLUYSState Gazette act 24068018 (26-04-2024)Current10-04-2024 → present
-
VD PRO GROUPLegal entityDirector· perm. rep.: Tom VAN WASSENHOVEState Gazette act 24068018 (26-04-2024)Current10-04-2024 → present
Permanent representatives (2)
-
VD PRO GROUP BVLegal entityPermanent representative· perm. rep.: Tom Van WassenhoveState Gazette act 25075835 (17-06-2025)Permanent representative- → 17-06-2025
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VD PRO HOLD BVLegal entityPermanent representative· perm. rep.: Kristof VersluysState Gazette act 25075835 (17-06-2025)Permanent representative- → 17-06-2025
Former directors (1)
-
Frans DONCKERSDirectorState Gazette act 24068018 (26-04-2024)Former- → 10-04-2024
Insolvency mandates
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 10-12-1997 |
| Status | Active |
| Postal code | 9190 |
Structure & network
Connections & network
2 connected companiesOwnership & control
2 partiesEach band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bettestraat (STE) 279190 StekeneEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0131/00M002 | Flanders | 1,755 m² | 1 · 198 m² | 24.2 m · 2 fl. |
| 46024A1432/00C000 | Flanders | 1,450 m² | 1 · 328 m² | 4.7 m · 1 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
8 acts11-06-2026 Board meeting · Merger · Accounting effect · Share distribution
- Filing: 2026-06-09 · ANTWERP TOOLS SERVICES BV
- Publication: 2026-06-11
- Board meeting: 2026-06-05 · ANTWERP TOOLS SERVICES BV
- Board meeting: 2026-06-05 · VD Tools BV
- Merger: type: partiële splitsing door overneming, condition: opschortende voorwaarde van het voltrekken van de Fusie, description: overdracht van een deel van het vermogen van ATS aan VD Tools · ANTWERP TOOLS SERVICES BV
- Merger: type: fusie door overneming, condition: opschortende voorwaarde, description: het gehele vermogen van Donckers ten gevolge van een ontbinding zonder vereffening zal overgaan op VD Tools · Donckers BV
- Accounting effect: 2026-01-01 · ANTWERP TOOLS SERVICES BV
- Share distribution: consideration: overdracht van een deel van het vermogen van ATS aan VD Tools, shares_issued: 1668, exchange_ratio: 2.78, shares_surrendered: 600 · VD Tools BV
- Share distribution: date: datum van de BAV, percentage: 40.27, shares_held: 12297 · VD Tools BV
- Share distribution: date: datum van de BAV, percentage: 15.54, shares_held: 4747 · VD Tools BV
- Share distribution: date: datum van de BAV, percentage: 44.19, shares_held: 13495 · VD Tools BV
- Share distribution: date: datum van dit Partieel Splitsingsvoorstel, percentage: 100.0, shares_held: 13495 · VD Tools BV
- Share distribution: date: datum van dit Partieel Splitsingsvoorstel, percentage: 100.0, shares_held: 600 · ANTWERP TOOLS SERVICES BV
- Auditor waiver: ja · ANTWERP TOOLS SERVICES BV
- Auditor waiver: ja · VD Tools BV
- Statute amendment: actualisering van het voorwerp · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie in de Bijlagen bij het Belgisch Staatsblad, ondertekening van de benodigde publicatieformulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie in de Bijlagen bij het Belgisch Staatsblad, ondertekening van de benodigde publicatieformulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie in de Bijlagen bij het Belgisch Staatsblad, ondertekening van de benodigde publicatieformulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie in de Bijlagen bij het Belgisch Staatsblad, ondertekening van de benodigde publicatieformulieren · ANTWERP TOOLS SERVICES BV
- Act object: HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN)
11-06-2026 Board meeting · Merger · Share distribution · Capital increase
- Filing: 2026-06-09 · VD Tools BV
- Publication: 2026-06-11 · VD Tools BV
- Board meeting: 2026-06-05 · VD Tools BV
- Board meeting: 2026-06-05 · Donckers BV
- Merger: type: fusion_by_takeover, proposal_date: 2026-06-05 · Donckers BV
- Share distribution: ratio: 19.46, shares: 1250, original_shares: 632 · VD Tools BV
- Share distribution: ratio: 19.46, shares: 4544, original_shares: 244 · VD Tools BV
- Capital increase: new_shares: 17044 · VD Tools BV
- Accounting effect: 2026-01-01 · Donckers BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · VD Tools BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · VD Tools BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · VD Tools BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · VD Tools BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · VD Tools BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · Donckers BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · Donckers BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · Donckers BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · Donckers BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie · Donckers BV
- Act object: HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN)
11-06-2026 Board meeting · Merger · Share distribution · Accounting effect
- Filing: 2026-06-09 · VD TOOLS BV
- Publication: 2026-06-11 · VD TOOLS BV
- Board meeting: 2026-06-05 · VD TOOLS BV
- Board meeting: 2026-06-05 · ANTWERP TOOLS SERVICES BV
- Merger: type: fusie door overneming, condition: opschortende voorwaarde · DONCKERS BV
- Merger: type: met splitsing gelijkgestelde verrichting, subtype: partiële splitsing door overneming · ANTWERP TOOLS SERVICES BV
- Share distribution: shares_issued: 1668, exchange_ratio: 2.78, shares_surrendered: 600 · VD TOOLS BV
- Accounting effect: 2026-01-01 · ANTWERP TOOLS SERVICES BV
- Auditor waiver: ja · VD TOOLS BV
- Auditor waiver: ja · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · VD TOOLS BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · VD TOOLS BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · VD TOOLS BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · VD TOOLS BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · VD TOOLS BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · ANTWERP TOOLS SERVICES BV
- Power of attorney: date: 2026-06-05, scope: neerlegging, publicatie, ondertekening formulieren · ANTWERP TOOLS SERVICES BV
- Statute amendment: actualisering voorwerp · ANTWERP TOOLS SERVICES BV
- Tax qualification: vrijstellingsregime · ANTWERP TOOLS SERVICES BV
- Act object: HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN)
17-06-2025 1 director appointed, 2 resigning
- Tom Van Wassenhove, Bestuurder
- Kristof Versluys, Vaste vertegenwoordiger
- Tom Van Wassenhove, Vaste vertegenwoordiger
11-06-2025 Registered office moved from Sint-Lievens-Houtem to Stekene
- Gentsesteenweg 1A - 9520 Sint-Lievens-Houtem → Bettestraat 27, 9190 Stekene
20-06-2024 Registered office moved from Malle to Vlierzele
- Berkenlaan 4, 2390 Malle → Gentsesteenweg 1A, 9520 Vlierzele
26-04-2024 All shares are now held by a single shareholder
31-01-2024 Articles of association amended, translation of the articles, coordination of the articles and full restatement of the articles
Analysis
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Company registry (CBE)
Crossroads Bank| Legal nameNL | INDONAR |