V-Dak
ActiveSummary
The computed 12-month bankruptcy probability of V-Dak is 2.0% (moderate). The 2025 annual accounts show equity of €299,008 and a net result of €137,727. Equity is growing by ~71.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 28281 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 7.22 against 5.88 in 2024; short-term debt: 13.6% and cash: 93.9% of total assets), and 13.8% of the assets are financed with debt.
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Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
86.2%
Return on assets
39.7%
Age of the figures
12 mo
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 01-04-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
37 d early
2023
27 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 1 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€299,008▲ 85.4%
2024 · €161,281
Total assets
€346,789▲ 80.0%
2024 · €192,651
Net result
€137,727▲ 46.4%
2024 · €94,091
Working capital
€293,154▲ 91.6%
2024 · €153,039
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€80,172-€119,088▲ 48.5%€175,623▲ 47.5%
Net result€64,190above the sector's middle half-€94,091above the sector's middle half▲ 46.6%€137,727above the sector's middle half▲ 46.4%
Equity€67,190within the sector's middle half-€161,281above the sector's middle half▲ 140%€299,008above the sector's middle half▲ 85.4%
Total assets€97,640within the sector's middle half-€192,651within the sector's middle half▲ 97.3%€346,789above the sector's middle half▲ 80.0%
Debt€30,451-€31,371▲ 3.0%€47,781▲ 52.3%
Working capital€61,947within the sector's middle half-€153,039above the sector's middle half▲ 147%€293,154above the sector's middle half▲ 91.6%
Solvency68.8%above the sector's middle half-83.7%above the sector's middle half▲ 14.9pp86.2%above the sector's middle half▲ 2.5pp
Current ratio3.03within the sector's middle half-5.88above the sector's middle half▲ 2.847.22above the sector's middle half▲ 1.34
Return on assets (ROA)65.7%above the sector's middle half-48.8%above the sector's middle half▼ 16.9pp39.7%above the sector's middle half▼ 9.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €346,789
Fixed assets
€6,483 ▼ 21.3%
Current assets
€340,306 ▲ 84.5%
Equity and liabilities €346,789
Equity
€299,008 ▲ 85.4%
Debt
€47,781 ▲ 52.3%
Debt's share of the balance-sheet total falls from 16.3% to 13.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€179,122▲
2024 · €121,889
Cash flow
€141,227▲
2024 · €96,892
Debt to equity
0.16▼
2024 · 0.19
ROE
46.1%▼
2024 · 58.3%
Interest coverage
451.72▲
2024 · 254.90
Debt ≤ 1 year
€47,152▲
2024 · €31,371
Income taxes
€39,595▲
2024 · €24,783
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €327 | €2,801 | €3,500 | ▲ 24.9% |
| Other operating charges640/8 | €295 | €413 | €744 | ▲ 80.1% |
| Gross operating margin9900 | €80,793 | €122,302 | €179,867 | ▲ 47.1% |
| Operating profit (loss)9901 | €80,172 | €119,088 | €175,623 | ▲ 47.5% |
| Financial income75/76B | €0 | €264 | €2,096 | ▲ 693% |
| Recurring financial income75 | €0 | €264 | €2,096 | ▲ 693% |
| Financial charges65/66B | €1 | €478 | €397 | ▼ 17.1% |
| Recurring financial charges65 | €1 | €478 | €397 | ▼ 17.1% |
| Profit (loss) for the period before taxes9903 | €80,171 | €118,874 | €177,322 | ▲ 49.2% |
| Income taxes67/77 | €15,981 | €24,783 | €39,595 | ▲ 59.8% |
| Profit (loss) for the period9904 | €64,190 | €94,091 | €137,727 | ▲ 46.4% |
| Profit (loss) for the period to be appropriated9905 | €64,190 | €94,091 | €137,727 | ▲ 46.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €97,640 | €192,651 | €346,789 | ▲ 80.0% |
| Fixed assets21/28 | €5,243 | €8,242 | €6,483 | ▼ 21.3% |
| Tangible fixed assets22/27 | €5,243 | €8,242 | €6,483 | ▼ 21.3% |
| Plant, machinery and equipment23 | €5,243 | €5,925 | €6,166 | ▲ 4.1% |
| Furniture and vehicles24 | - | €2,317 | €317 | ▼ 86.3% |
| Current assets29/58 | €92,397 | €184,409 | €340,306 | ▲ 84.5% |
| Amounts receivable within one year40/41 | €11,171 | €16,764 | €14,542 | ▼ 13.3% |
| Trade receivables40 | €4,068 | €9,357 | €8,256 | ▼ 11.8% |
| Other amounts receivable41 | €7,103 | €7,408 | €6,285 | ▼ 15.2% |
| Cash at bank and in hand54/58 | €81,226 | €166,472 | €325,764 | ▲ 95.7% |
| Deferred charges and accrued income490/1 | - | €1,173 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €97,640 | €192,651 | €346,789 | ▲ 80.0% |
| Equity10/15 | €67,190 | €161,281 | €299,008 | ▲ 85.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €64,190 | €158,281 | €296,008 | ▲ 87.0% |
| Amounts payable17/49 | €30,451 | €31,371 | €47,781 | ▲ 52.3% |
| Amounts payable within one year42/48 | €30,451 | €31,371 | €47,152 | ▲ 50.3% |
| Trade debts44 | €8,614 | €6,588 | €3,263 | ▼ 50.5% |
| Suppliers440/4 | €8,614 | €6,588 | €3,263 | ▼ 50.5% |
| Taxes, remuneration and social security45 | €19,688 | €24,783 | €39,142 | ▲ 57.9% |
| Taxes450/3 | €15,783 | €24,783 | €38,977 | ▲ 57.3% |
| Remuneration and social security454/9 | €3,905 | - | €165 | - |
| Other amounts payable47/48 | €2,149 | - | €4,747 | - |
| Accrued charges and deferred income492/3 | - | - | €629 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,190 | €94,091 | €137,727 | ▲ 46.4% |
| + Depreciation and write-downs630 | €327 | €2,801 | €3,500 | ▲ 24.9% |
| Operating cash flow (approximation) | €64,516 | €96,892 | €141,227 | ▲ 45.8% |
| Investment in fixed assets (approximation) | - | -€5,800 | -€1,741 | ▲ 70.0% |
| Change in cash | - | €85,246 | €159,292 | ▲ 86.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2023net €137,727 ▲46.4%
Operating result €175,623, net result €137,727, both a record.
30-09
Financial
Equity above €200,000Eq €299,008 ▲85.4%
3 profitable years in a row build equity to €299,008.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €150,000Eq €161,281 ▲140%
2 profitable years in a row build equity to €161,281.
03-04
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Rotselaar · 1 establishment unit since 2023
Ground area
712 m²
Building footprint
279 m²
Volume, LiDAR
1,032 m³
Parcel 24094D0599/00N000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
V-Dak
since 20232.340.238.034
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094D0599/00N000 | Flanders | 712 m² | 1 · 279 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
Dakwerken Van Bael
BE 0886.717.778
Balen · Eq €299,155
RUIDENBERG
BE 0840.001.786
Koekelare · Eq €299,207
TOITURE DEGREEF
BE 0845.646.592
Tubize · Eq €298,481
GOEDONS
BE 0807.421.763
Kortenaken · Eq €298,296
D&M K.S.
BE 0861.054.746
Westerlo · Eq €300,582
Of 8,578 companies in sector 43410 we hold annual accounts for 4,369. 3,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-01-2023
Fiscal year end30-09
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
43240Other construction installation
43421Specialised construction activities
46130Agents in the wholesale of timber and building materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795629929
Registered
04-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.