Financials
- Financial year
- 2025
- Turnover
- €219,324
- Profit
- €6,960
- Solvency
- 83.2%
Turnover▼ 33.0%
Net result
20242025
VADL
ActiveSummary
The computed 12-month bankruptcy probability of VADL is 2.8% (moderate). The 2025 annual accounts show equity of €25,038 and a net result of €6,960. Its solvency ranks better than 88% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€219,324turnover 2025
- Equity
- €25,038
- Profit
- €6,960
Structure
2025 accounts 5 days early1 of 2 deeds summarised
Why 52raises riskSize: turnover €219,324, total assets €30,109Founded in 2023Liquidity: current ratio 5.94, cash €63, halvedSector: Specialised construction activities (NACE 43)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
100+26
equity 83.2% of total assets
Liquidity
46+3
short-term debt 16.8% · cash 0.2%
Profitability
95-5
return on assets 23.1%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.3%highest value
12-2024: 5.1%▼ -0.2 percentage points vs 11-2024
01-2025: 2.1%▼ -3.0 percentage points vs 12-2024lowest value
02-2025: 2.3%▲ +0.2 percentage points vs 01-2025
03-2025: 2.3%● unchanged vs 02-2025
04-2025: 2.3%● unchanged vs 03-2025
05-2025: 2.3%● unchanged vs 04-2025
06-2025: 2.3%● unchanged vs 05-2025
07-2025: 2.3%● unchanged vs 06-2025
08-2025: 2.5%▲ +0.2 percentage points vs 07-2025
09-2025: 2.9%▲ +0.4 percentage points vs 08-2025
10-2025: 3.4%▲ +0.5 percentage points vs 09-2025
11-2025: 3.4%● unchanged vs 10-2025
12-2025: 3.2%▼ -0.2 percentage points vs 11-2025
01-2026: 4.2%▲ +1.0 percentage point vs 12-2025
02-2026: 3.8%▼ -0.4 percentage points vs 01-2026
03-2026: 3.8%● unchanged vs 02-2026
04-2026: 3.8%● unchanged vs 03-2026
05-2026: 3.8%● unchanged vs 04-2026
06-2026: 2.7%▼ -1.1 percentage points vs 05-2026
07-2026: 2.8%▲ +0.1 percentage points vs 06-2026
08-2026: 3.1%▲ +0.3 percentage points vs 07-2026
09-2026: 3.2%▲ +0.1 percentage points vs 08-2026
10-2026: 2.8%▼ -0.4 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.94, compared with 1.94 in 2024, above the usual 1.5; short-term debt: 16.8% and cash: 0.2% of total assets), and 16.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 37% on liquidity, 81% on profitability and 47% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 26-12-2025, 5 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
5 days early
2024
10 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 8 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-05-2026 is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
31-05-2026 year end25-10-2026 today31-12-2026 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than triplescurrent ratio 5.94
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-12-2026
- 28-05-2024Registered office
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 07-03-2023
- Year ends
- 31-05
- Peppol
- Reachable for e-invoices
Key facts about VADL
- What is the company number of VADL?
- 0799.247.633. In Belgium the VAT number is the company number with BE in front: BE 0799.247.633.
- Where is VADL based?
- The registered office is at Bernstraat 51, 9890 Gavere.Company details
- What does VADL do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of VADL?
- Private limited company (BV).
- When was VADL founded?
- On 07-03-2023.
- Is VADL still active?
- Yes, VADL is an active enterprise in the KBO register.
- What is the turnover of VADL?
- €219,324 in financial year 2025, according to the filed annual accounts.Financials
- Is VADL profitable?
- In financial year 2025, VADL made a profit of €6,960.
- Where can I find the annual accounts of VADL?
- VADL filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VADL due?
- By 31-12-2026, for financial year 2026.Timeline
Companies related to VADL
Comparable companies
- BONTHERMEghezée
- HQ TechniekenGenk
- EMR MONTAGEGenk
- KENNY VANDERPLANCKEStaden
- AVIOZonnebeke
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.