V&D MGMT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €797k and a net result of €94k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 7980 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
11 d late
2024
on the day
2023
72 d late
2022
1 d late
2021
34 d early
2020
31 d early
2019
32 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
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€797k▲ 13.1%
2024 · €705k
2018: €56k
2019: €154k
2020: €395k
2021: €547k
2022: €603k
2023: €655k
2024: €705k
2018 → 2025
Net result
€94k▲ 84.0%
2024 · €51k
2018: €6k
2019: €99k
2020: €241k
2021: €152k
2022: €56k
2023: €52k
2024: €51k
2018 → 2025
Total assets
€1.09M▲ 11.8%
2024 · €971k
2018: €649k
2019: €795k
2020: €1.26M
2021: €814k
2022: €805k
2023: €873k
2024: €971k
2018 → 2025
Solvency
73.4%▲ 0.9pp
2024 · 72.5%
2018: 8.6%
2019: 19.4%
2020: 31.4%
2021: 67.3%
2022: 75.0%
2023: 75.0%
2024: 72.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€547k-€603k▲ 10.2%€655k▲ 8.6%€705k▲ 7.5%€797k▲ 13.1%
Operating result€229k-€74k▼ 67.8%€68k▼ 7.4%€73k▲ 6.5%€105k▲ 44.7%
Net result€152k-€56k▼ 63.2%€52k▼ 7.0%€51k▼ 1.7%€94k▲ 84.0%
Turnover and EBIT margin not published: the abbreviated or 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 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€495k▲ 8.1%
Current assets
€591k▲ 15.1%
Equity and liabilities €1.09M
Equity
€797k▲ 13.1%
Debt
€289k▲ 8.3%
The debt ratio falls from 27.5% to 26.6%. Equity and debt are higher.
Key figures and ratios
Solvency
73.4%▲
2024 · 72.5%
ROE
11.8%▲
2024 · 7.3%
ROA
8.7%▲
2024 · 5.3%
Debt
€289k▲
2024 · €267k
Debt ≤ 1 year
€126k▼
2024 · €163k
Debt > 1 year
€159k▲
2024 · €100k
Income taxes
€33k▲
2024 · €13k
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€971k€1.09M▲
Fixed assets21/28€458k€495k▲
Tangible fixed assets22/27€43k€80k▲
Furniture and vehicles24€7k€46k▲
Other tangible fixed assets26€36k€33k▼
Financial fixed assets28€415k€415k=
Current assets29/58€514k€591k▲
Amounts receivable within one year40/41€504k€571k▲
Trade receivables40€34k€32k▼
Other amounts receivable41€470k€539k▲
Cash at bank and in hand54/58€7k€17k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€971k€1.09M▲
Equity10/15€705k€797k▲
Contributions10/11€50k€50k=
Reserves13€5k€5k=
Non-distributable reserves130/1€5k€5k=
Other1319€5k€5k=
Profit (loss) carried forward14€650k€742k▲
Amounts payable17/49€267k€289k▲
Amounts payable after more than one year17€100k€159k▲
Financial debts170/4€100k€159k▲
Amounts payable within one year42/48€163k€126k▼
Current portion of amounts payable after more than one year42€6k€11k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€51k€23k▼
Suppliers440/4€51k€23k▼
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€19k€13k▼
Other amounts payable47/48€87k€69k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€10k▼
Other operating charges640/8€666€2k▲
Gross operating margin9900€90k€117k▲
Operating profit (loss)9901€73k€105k▲
Financial income75/76B€0€24k▲
Recurring financial income75€0€24k▲
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€64k€127k▲
Income taxes67/77€13k€33k▲
Profit (loss) for the period9904€51k€94k▲
Profit (loss) for the period to be appropriated9905€51k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€651k€744k▲
Profit (loss) brought forward from the previous period14P€600k€650k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (9 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 5.30
Current ratio from 1.73 to 5.30; short-term debt falls from €290k to €131k.
31-12
Financial
Equity above €500kEq €547k ▲38.5%
4 profitable years in a row build equity to €547k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €241k ▲144%
Operating result €308k, net result €241k, both a record.
31-12
Financial
Equity above €200kEq €395k ▲156%
3 profitable years in a row build equity to €395k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €154k ▲178%
2 profitable years in a row build equity to €154k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Keerbergen · 1 establishment unit since 2017
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.
Hansbrug 23140 KeerbergenGround area
2,295 m²
Building footprint
348 m²
Volume, LiDAR
142 m³
Parcel 24472G0318/00M002, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
V-D MGMT
since 20172.262.024.855
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24472G0318/00M002 | Flanders | 2,295 m² | 1 · 348 m² | 8.3 m · 1 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 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.