T.VDB
ActiveT.VDB has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €20k. Equity is growing by ~100.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 1973 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency57▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.15 in 2024; short-term debt: 65.2% and cash: 37.1% of total assets), and 68.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
31.7%
Return on assets
13.4%
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 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
23 d early
2023
33 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 72.9%
2024 · €27k
2023: €-8k
2024: €27k
2023 → 2025
Total assets
€149k▲ 58.1%
2024 · €94k
2023: €32k
2024: €94k
2023 → 2025
Net result
€20k▼ 43.4%
2024 · €35k
2023: €-11k
2024: €35k
2023 → 2025
Working capital
€32k▲ 222%
2024 · €10k
2023: €-11k
2024: €10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-8k-€27k€47k▲ 72.9%
Operating result€-10k-€49k€32k▼ 34.4%
Net result€-11k-€35k€20k▼ 43.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€20k▲ 1.4%
Current assets
€129k▲ 73.1%
Equity and liabilities €149k
Equity
€47k▲ 72.9%
Debt
€102k▲ 52.0%
The debt ratio falls from 71.0% to 68.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €53k
Cash flow
€27k▼
2024 · €39k
Solvency
31.7%▲
2024 · 29.0%
Current ratio
1.33▲
2024 · 1.15
Quick ratio
1.28▲
2024 · 1.15
Debt / equity
2.15▼
2024 · 2.45
ROE
42.1%▼
2024 · 128.8%
ROA
13.4%▼
2024 · 37.4%
Interest coverage
16.42▼
2024 · 31.86
Debt
€102k▲
2024 · €67k
Debt ≤ 1 year
€97k▲
2024 · €65k
Debt > 1 year
€5k▲
2024 · €2k
Income taxes
€10k▼
2024 · €12k
Staff costs
€48k▲
2024 · €42k
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€94k€149k▲
Fixed assets21/28€20k€20k▲
Tangible fixed assets22/27€20k€20k▲
Plant, machinery and equipment23€20k€15k▼
Furniture and vehicles24-€5k
Current assets29/58€75k€129k▲
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€13k€67k▲
Trade receivables40€13k€67k▲
Cash at bank and in hand54/58€60k€55k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€94k€149k▲
Equity10/15€27k€47k▲
Contributions10/11€3k€3k=
Reserves13€24k€44k▲
Distributable reserves133€24k€44k▲
Amounts payable17/49€67k€102k▲
Amounts payable after more than one year17€2k€5k▲
Financial debts170/4€2k€5k▲
Amounts payable within one year42/48€65k€97k▲
Current portion of amounts payable after more than one year42€1k€3k▲
Trade debts44€6k€13k▲
Suppliers440/4€6k€13k▲
Taxes, remuneration and social security45€29k€25k▼
Taxes450/3€19k€25k▲
Remuneration and social security454/9€10k-
Other amounts payable47/48€28k€57k▲
Income statement
Code20242025
Remuneration, social security and pensions62€42k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€456€412▼
Gross operating margin9900€96k€88k▼
Operating profit (loss)9901€49k€32k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€48k€30k▼
Income taxes67/77€12k€10k▼
Profit (loss) for the period9904€35k€20k▼
Profit (loss) for the period to be appropriated9905€35k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€20k▼
Profit (loss) brought forward from the previous period14P€-11k-
Transfer to equity691/2€24k€20k▼
To other reserves6921€24k€20k▼
The notes to these accounts (6 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
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.
Lisbloemstraat 719000 GentGround area
1,456 m²
Building footprint
535 m²
Volume, LiDAR
3,628 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schuurstraat 74a, 9040 Gent
since 20232.344.218.301
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0128/00L005 | Flanders | 1,309 m² | 1 · 442 m² | 7.8 m · 2 fl. |
| 44810K0168/00Z000 | Flanders | 146 m² | 1 · 93 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 25,000 EUR awarded · 25,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 12,500 EUR |
| 2024 | 1 | 0 EUR | 12,500 EUR |
| 2023 | 1 | 25,000 EUR | 0 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
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MAKERS MEDIA E.B.
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Of 6,657 companies in sector 90111 we hold annual accounts for 382. 307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2023
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
13300Finishing of textiles
47120Other non-specialised retail sale
47910Retail trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74105Other professional, scientific and technical activities
74140Other specialised design activities
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.