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V.Design

Active
Private limited companyfounded 20223 yrs activeNoordberm 71, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0795.342.293
Summary

The computed 12-month bankruptcy probability of V.Design is 2.1% (moderate). The 2025 annual accounts show equity of €100,792 and a net result of €32,609. Equity is growing by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 28184 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+10
Growth52=
Track record94
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 3.03 against 1.72 in 2024; short-term debt: 19.7% and cash: 28.2% of total assets), and 19.7% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
80.3%
Return on assets
26%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 3 filings
Deviation from the deadline
2025
19 d late
2024
37 d early
2023
29 d late
← 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 4 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 December 2022, V.Design was incorporated as a Private limited company.1 Total assets went from EUR 63,298 in 2023 to EUR 125,558 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€100,792▲ 47.8%
2024 · €68,183
Total assets
€125,558▲ 19.3%
2024 · €105,274
Net result
€32,609▲ 17.9%
2024 · €27,649
Working capital
€50,199▲ 86.9%
2024 · €26,866
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€49,310-€38,906▼ 21.1%€46,498▲ 19.5%
Net result€38,675above the sector's middle half-€27,649within the sector's middle half▼ 28.5%€32,609above the sector's middle half▲ 17.9%
Equity€40,175within the sector's middle half-€68,183within the sector's middle half▲ 69.7%€100,792within the sector's middle half▲ 47.8%
Total assets€63,298below the sector's middle half-€105,274within the sector's middle half▲ 66.3%€125,558within the sector's middle half▲ 19.3%
Debt€23,123-€37,091▲ 60.4%€24,766▼ 33.2%
Working capital€8,386-€26,866▲ 220%€50,199▲ 86.9%
Solvency63.5%within the sector's middle half-64.8%within the sector's middle half▲ 1.3pp80.3%above the sector's middle half▲ 15.5pp
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
€0€20,000€40,000Operating result 2023: €49,310€49,310Net result 2023: €38,675€38,675Operating result 2024: €38,906€38,906Net result 2024: €27,649€27,649Operating result 2025: €46,498€46,498Net result 2025: €32,609€32,609202320242025€0€20,000€40,000Operating result 2023: €49,310€49,300Net result 2023: €38,675€38,700Operating result 2024: €38,906€38,900Net result 2024: €27,649€27,600Operating result 2025: €46,498€46,500Net result 2025: €32,609€32,600202320242025
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125,558
Fixed assets €50,593 ▲ 23.5%
Current assets €74,965 ▲ 17.2%
Equity and liabilities €125,558
Equity €100,792 ▲ 47.8%
Debt €24,766 ▼ 33.2%
Debt's share of the balance-sheet total falls from 35.2% to 19.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,545▲
2024 · €46,737
Cash flow
€43,656▲
2024 · €35,480
Current ratio
3.03▲
2024 · 1.72
Debt to equity
0.25▼
2024 · 0.54
ROE
32.4%▼
2024 · 40.6%
ROA
26.0%▼
2024 · 26.3%
Interest coverage
693.31▲
2024 · 584.87
Debt ≤ 1 year
€24,766▼
2024 · €37,091
Income taxes
€13,852▲
2024 · €11,683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% 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
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€105,274€125,558▲
Formation expenses20€352-
Fixed assets21/28€40,965€50,593▲
Tangible fixed assets22/27€40,965€50,593▲
Land and buildings22€10,578€19,096▲
Plant, machinery and equipment23€396€9,171▲
Furniture and vehicles24€29,991€22,325▼
Current assets29/58€63,956€74,965▲
Amounts receivable after more than one year29€32,317-
Trade receivables290€31,670-
Other amounts receivable291€647-
Amounts receivable within one year40/41-€39,573
Trade receivables40-€36,446
Other amounts receivable41-€3,127
Cash at bank and in hand54/58€31,639€35,393▲
Equity and liabilities
Total equity and liabilities10/49€105,274€125,558▲
Equity10/15€68,183€100,792▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€66,683€99,292▲
Amounts payable17/49€37,091€24,766▼
Amounts payable within one year42/48€37,091€24,766▼
Trade debts44€6,472€6,603▲
Suppliers440/4€6,472€6,603▲
Taxes, remuneration and social security45€24,643€18,163▼
Taxes450/3€24,643€18,163▼
Other amounts payable47/48€5,976-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,831€11,047▲
Other operating charges640/8€1,308€1,486▲
Gross operating margin9900€48,045€59,031▲
Operating profit (loss)9901€38,906€46,498▲
Financial income75/76B€506€46▼
Recurring financial income75€506€46▼
Financial charges65/66B€80€83▲
Recurring financial charges65€80€83▲
Profit (loss) for the period before taxes9903€39,332€46,461▲
Income taxes67/77€11,683€13,852▲
Profit (loss) for the period9904€27,649€32,609▲
Profit (loss) for the period to be appropriated9905€27,649€32,609▲
Appropriation of the result
Profit (loss) to be appropriated9906€66,683€99,292▲
Profit (loss) brought forward from the previous period14P€39,034€66,683▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,423€7,831€11,047▲ 41.1%
Other operating charges640/8€764€1,308€1,486▲ 13.6%
Gross operating margin9900€52,498€48,045€59,031▲ 22.9%
Operating profit (loss)9901€49,310€38,906€46,498▲ 19.5%
Financial income75/76B€66€506€46▼ 91.0%
Recurring financial income75€66€506€46▼ 91.0%
Financial charges65/66B€583€80€83▲ 3.9%
Recurring financial charges65€583€80€83▲ 3.9%
Profit (loss) for the period before taxes9903€48,793€39,332€46,461▲ 18.1%
Income taxes67/77€10,118€11,683€13,852▲ 18.6%
Profit (loss) for the period9904€38,675€27,649€32,609▲ 17.9%
Profit (loss) for the period to be appropriated9905€38,675€27,649€32,609▲ 17.9%
Line202320242025Change
Assets
Total assets20/58€63,298€105,274€125,558▲ 19.3%
Formation expenses20€713€352--
Fixed assets21/28€31,075€40,965€50,593▲ 23.5%
Tangible fixed assets22/27€31,075€40,965€50,593▲ 23.5%
Land and buildings22-€10,578€19,096▲ 80.5%
Plant, machinery and equipment23-€396€9,171▲ 2,214%
Furniture and vehicles24€31,075€29,991€22,325▼ 25.6%
Current assets29/58€31,510€63,956€74,965▲ 17.2%
Amounts receivable after more than one year29-€32,317--
Trade receivables290-€31,670--
Other amounts receivable291-€647--
Amounts receivable within one year40/41€11,395-€39,573-
Trade receivables40€7,666-€36,446-
Other amounts receivable41€3,729-€3,127-
Cash at bank and in hand54/58€19,181€31,639€35,393▲ 11.9%
Deferred charges and accrued income490/1€933---
Equity and liabilities
Total equity and liabilities10/49€63,298€105,274€125,558▲ 19.3%
Equity10/15€40,175€68,183€100,792▲ 47.8%
Contributions10/11€1,500€1,500€1,500=
Profit (loss) carried forward14€38,675€66,683€99,292▲ 48.9%
Amounts payable17/49€23,123€37,091€24,766▼ 33.2%
Amounts payable within one year42/48€23,123€37,091€24,766▼ 33.2%
Trade debts44-€6,472€6,603▲ 2.0%
Suppliers440/4-€6,472€6,603▲ 2.0%
Taxes, remuneration and social security45€10,154€24,643€18,163▼ 26.3%
Taxes450/3€10,154€24,643€18,163▼ 26.3%
Other amounts payable47/48€12,969€5,976--
Line202320242025Change
Profit (loss) for the period9904€38,675€27,649€32,609▲ 17.9%
+ Depreciation and write-downs630€2,423€7,831€11,047▲ 41.1%
Operating cash flow (approximation)€41,098€35,480€43,656▲ 23.0%
Investment in fixed assets (approximation)--€17,721-€20,674▼ 16.7%
Change in cash-€12,458€3,754▼ 69.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial Equity above €100,000Eq €100,792 ▲47.8%
3 profitable years in a row build equity to €100,792.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €27,649 ▼28.5%
Net result drops to €27,649, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
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, Heusden-Zolder · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
603 m²
Building footprint
129 m²
Parcel 71025A1254/00F002, Flanders. Linked by address, not a title deed.
1 establishment unit
V.Design
Noordberm 71, 3550 Heusden-ZolderJoinery installation
since 20222.340.774.997
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71025A1254/00F002 Flanders 603 m² 1 · 129 m² -
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

Of 489 companies in sector 43343 we hold annual accounts for 294. 243 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
Founded23-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43343Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795342293
Also 9925:BE0795342293
Registered 30-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.