V.D.S. & Co
ActiveSummary
V.D.S. & Co has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.21M and a net result of €274k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+4
Solvency91▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 0.86 in 2024; short-term debt: 6% and cash: 2.3% of total assets), and 33.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
66.4%
Return on assets
8.2%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
3 d early
2021
18 d early
2020
11 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.21M▲ 14.1%
2024 · €1.93M
2019: €1.11M
2020: €1.24M
2021: €1.24M
2022: €1.50M
2023: €1.77M
2024: €1.93M
2019 → 2025
Total assets
€3.33M▲ 3.4%
2024 · €3.22M
2019: €2.09M
2020: €2.52M
2021: €3.30M
2022: €3.22M
2023: €3.18M
2024: €3.22M
2019 → 2025
Net result
€274k▲ 63.4%
2024 · €167k
2019: €76k
2020: €134k
2021: €-5k
2022: €263k
2023: €268k
2024: €167k
2019 → 2025
Working capital
€218k
2024 · €-34k
2019: €-243k
2020: €-205k
2021: €-564k
2022: €-362k
2023: €-142k
2024: €-34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.24M-€1.50M▲ 21.3%€1.77M▲ 17.9%€1.93M▲ 9.5%€2.21M▲ 14.1%
Operating result€25k-€264k▲ 935%€268k▲ 1.5%€255k▼ 4.6%€205k▼ 19.7%
Net result€-5k-€263k€268k▲ 1.9%€167k▼ 37.6%€274k▲ 63.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.33M
Fixed assets
€2.91M ▼ 3.4%
Current assets
€416k ▲ 104%
Equity and liabilities €3.33M
Equity
€2.21M ▲ 14.1%
Debt
€1.12M ▼ 12.9%
Debt's share of the balance-sheet total falls from 39.9% to 33.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€316k▼
2024 · €366k
Cash flow
€384k▲
2024 · €278k
Current ratio
2.10▲
2024 · 0.86
Debt to equity
0.51▼
2024 · 0.66
ROE
12.4%▲
2024 · 8.6%
ROA
8.2%▲
2024 · 5.2%
Interest coverage
8.07▼
2024 · 14.98
Debt ≤ 1 year
€198k▼
2024 · €238k
Debt > 1 year
€919k▼
2024 · €1.04M
Income taxes
€48k▼
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.22M€3.33M▲
Fixed assets21/28€3.01M€2.91M▼
Tangible fixed assets22/27€2.64M€2.54M▼
Land and buildings22€2.60M€2.50M▼
Plant, machinery and equipment23€41k€38k▼
Furniture and vehicles24€0-
Financial fixed assets28€372k€372k=
Current assets29/58€204k€416k▲
Amounts receivable within one year40/41€126k€323k▲
Trade receivables40€126k€4k▼
Other amounts receivable41€0€319k▲
Cash at bank and in hand54/58€69k€76k▲
Deferred charges and accrued income490/1€9k€17k▲
Equity and liabilities
Total equity and liabilities10/49€3.22M€3.33M▲
Equity10/15€1.93M€2.21M▲
Contributions10/11€19k€19k=
Reserves13€1.92M€2.19M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.92M€2.19M▲
Amounts payable17/49€1.28M€1.12M▼
Amounts payable after more than one year17€1.04M€919k▼
Financial debts170/4€1.04M€919k▼
Amounts payable within one year42/48€238k€198k▼
Current portion of amounts payable after more than one year42€144k€125k▼
Trade debts44€15k€6k▼
Suppliers440/4€15k€6k▼
Advances received on contracts in progress46€55k€55k=
Taxes, remuneration and social security45€21k€11k▼
Taxes450/3€21k€11k▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€173€173=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€111k=
Other operating charges640/8€15k€15k▲
Gross operating margin9900€380k€331k▼
Operating profit (loss)9901€255k€205k▼
Financial income75/76B€43€155k▲
Recurring financial income75€43€155k▲
Financial charges65/66B€24k€39k▲
Recurring financial charges65€24k€39k▲
Profit (loss) for the period before taxes9903€231k€321k▲
Income taxes67/77€64k€48k▼
Profit (loss) for the period9904€167k€274k▲
Profit (loss) for the period to be appropriated9905€167k€274k▲
Appropriation of the result
Profit (loss) to be appropriated9906€167k€274k▲
Transfer to equity691/2€167k€274k▲
To other reserves6921€167k€274k▲
The notes to these accounts (17 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €274k ▲63.4%
Net result €274k, the highest in the series.
31-03
Financial
Liquidity doublescurrent ratio 2.10
Current ratio from 0.86 to 2.10; short-term debt falls from €238k to €198k.
31-03
Financial
Equity above €2MEq €2.21M ▲14.1%
4 profitable years in a row build equity to €2.21M.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €263k
Net result €263k after one loss-making year.
2021
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-5k ▼103%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
06-10
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, Oostkamp · 1 establishment unit since 1995
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.
Kortrijksestraat 3568020 OostkampGround area
4,041 m²
Building footprint
1,667 m²
Volume, LiDAR
10,109 m³
Parcel 31037B0143/00G000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kortrijksestraat 356, 8020 Oostkamp
since 19952.072.794.978
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31037B0143/00G000 | Flanders | 4,041 m² | 1 · 1,667 m² | 9.9 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.
Similar companies · same sector, comparable size
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BE 0830.070.174
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AdV Management Services
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 758 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-1995
Fiscal year end31-03
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.