V.D.L³ CONSTRUCT
ActiveV.D.L³ CONSTRUCT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197k and a net result of €41k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+4
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 6.53 against 15.0 in 2024; short-term debt: 10.8% and cash: 22.2% of total assets), and 24.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
75.8%
Return on assets
15.6%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
51 d early
2023
36 d early
2022
48 d early
2021
54 d early
2020
50 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€197k▼ 40.1%
2024 · €329k
2018: €312k
2019: €485k
2020: €373k
2021: €401k
2022: €344k
2023: €313k
2024: €329k
2018 → 2025
Total assets
€260k▼ 25.6%
2024 · €349k
2018: €456k
2019: €554k
2020: €387k
2021: €414k
2022: €373k
2023: €326k
2024: €349k
2018 → 2025
Net result
€41k▼ 4.5%
2024 · €43k
2018: €75k
2019: €223k
2020: €-112k
2021: €30k
2022: €43k
2023: €26k
2024: €43k
2018 → 2025
Working capital
€155k▼ 46.1%
2024 · €288k
2018: €-38k
2019: €465k
2020: €350k
2021: €346k
2022: €281k
2023: €265k
2024: €288k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€401k-€344k▼ 14.1%€313k▼ 9.2%€329k▲ 5.2%€197k▼ 40.1%
Operating result€30k-€45k▲ 50.4%€34k▼ 25.0%€54k▲ 57.7%€55k▲ 3.1%
Net result€30k-€43k▲ 45.4%€26k▼ 39.5%€43k▲ 62.4%€41k▼ 4.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260k
Fixed assets
€76k▲ 86.9%
Current assets
€183k▼ 40.5%
Equity and liabilities €260k
Equity
€197k▼ 40.1%
Debt
€63k▲ 205%
The debt ratio rises from 5.9% to 24.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €68k
Cash flow
€58k▲
2024 · €57k
Solvency
75.8%▼
2024 · 94.1%
Current ratio
6.53▼
2024 · 15.00
Quick ratio
6.53▼
2024 · 15.00
Debt / equity
0.32▲
2024 · 0.06
ROE
20.6%▲
2024 · 12.9%
ROA
15.6%▲
2024 · 12.2%
Interest coverage
40.68▼
2024 · 118.96
Debt
€63k▲
2024 · €21k
Debt ≤ 1 year
€28k▲
2024 · €21k
Debt > 1 year
€35k
Income taxes
€18k▼
2024 · €19k
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€349k€260k▼
Fixed assets21/28€41k€76k▲
Tangible fixed assets22/27€41k€76k▲
Plant, machinery and equipment23€1k€909▼
Furniture and vehicles24€8k€4k▼
Leasing and similar rights25-€45k
Other tangible fixed assets26€32k€26k▼
Current assets29/58€309k€183k▼
Amounts receivable after more than one year29€107k€0▼
Other amounts receivable291€107k€0▼
Amounts receivable within one year40/41€82k€104k▲
Trade receivables40€14k€16k▲
Other amounts receivable41€68k€88k▲
Current investments50/53€9k€15k▲
Cash at bank and in hand54/58€76k€58k▼
Deferred charges and accrued income490/1€35k€7k▼
Equity and liabilities
Total equity and liabilities10/49€349k€260k▼
Equity10/15€329k€197k▼
Contributions10/11€19k€19k=
Reserves13€310k€179k▼
Tax-exempt reserves132€263€263=
Distributable reserves133€310k€178k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€21k€63k▲
Amounts payable after more than one year17-€35k
Financial debts170/4-€35k
Amounts payable within one year42/48€21k€28k▲
Current portion of amounts payable after more than one year42-€10k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€10k€5k▼
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€18k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€69k€74k▲
Operating profit (loss)9901€54k€55k▲
Financial income75/76B€9k€5k▼
Recurring financial income75€9k€5k▼
Financial charges65/66B€573€2k▲
Recurring financial charges65€573€2k▲
Profit (loss) for the period before taxes9903€62k€59k▼
Income taxes67/77€19k€18k▼
Profit (loss) for the period9904€43k€41k▼
Profit (loss) for the period to be appropriated9905€43k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€41k▼
Transfer from equity791/2€25k€172k▲
Transfer to equity691/2€41k€41k▼
To other reserves6921€41k€41k▼
Profit to be distributed694/7€26k€172k▲
Return on contributions (dividend)694€26k€172k▲
The notes to these accounts (7 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
11-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-112k ▼150%
Net result drops to €-112k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 25.30
Current ratio from 7.76 to 25.30; short-term debt falls from €69k to €14k.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €223k ▲198%
Net result €223k, the highest in the series.
30-09
Financial
Liquidity times 11current ratio 7.76
Current ratio from 0.69 to 7.76; short-term debt falls from €125k to €69k.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Aalter · 1 establishment unit since 2011
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.
Poekedorpstraat 69880 AalterGround area
415 m²
Building footprint
166 m²
Volume, LiDAR
935 m³
Parcel 44055A0631/00E000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
V.D.L³ CONSTRUCT
since 20112.195.325.873
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44055A0631/00E000 | Flanders | 415 m² | 1 · 166 m² | 8.3 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,111 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2011
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
01430Raising of horses and other equines
18130Pre-press and pre-media services
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.