VBDN
ActiveSummary
The computed 12-month bankruptcy probability of VBDN is 4.2% (elevated). The 2025 annual accounts show equity of €20,637 and a net result of -€8,292. Its solvency ranks better than 88% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-07-2024 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
- Establishment unit
- 2.361.891.305 9120 Beveren-Kruibeke-Zwijndrecht, since 17-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.2%
- Gross margin
- -€6,076
- ▼ 9,529%
- Loss
- €8,292
- ▲ 674%
- Equity
- €20,637
- ▼ 28.7%
- Total assets
- €27,217
- ▼ 12.8%
- 2025 accounts filed 3 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2024Last filed accounts filed 3 days late; 1 of the last 3 accounts latelowers riskEquity €20,637 (75.8% of total assets)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 94% of them on solvency, 41% on liquidity, 8% on profitability and 21% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 61 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392777.
Annual accounts 2025 filed on 03-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €8,346, larger than the loss of €1,056 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €12,474 |
| Financial fixed assets | - | €6,655 |
| Depreciation and write-downs of the year | €993 | €2,169 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €63 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €993 | €2,169 | ▲ 118% |
| Other operating charges640/8 | - | €101 | - |
| Gross operating margin9900 | -€63 | -€6,076 | ▼ 9,529% |
| Operating profit (loss)9901 | -€1,056 | -€8,346 | ▼ 690% |
| Financial income75/76B | - | €117 | - |
| Recurring financial income75 | - | €117 | - |
| Financial charges65/66B | €15 | €63 | ▲ 321% |
| Recurring financial charges65 | €15 | €63 | ▲ 321% |
| Profit (loss) for the period before taxes9903 | -€1,071 | -€8,292 | ▼ 674% |
| Profit (loss) for the period9904 | -€1,071 | -€8,292 | ▼ 674% |
| Profit (loss) for the period to be appropriated9905 | -€1,071 | -€8,292 | ▼ 674% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €31,208 | €27,217 | ▼ 12.8% |
| Formation expenses20 | €1,296 | - | - |
| Fixed assets21/28 | - | €18,256 | - |
| Tangible fixed assets22/27 | - | €11,601 | - |
| Plant, machinery and equipment23 | - | €2,841 | - |
| Furniture and vehicles24 | - | €8,760 | - |
| Financial fixed assets28 | - | €6,655 | - |
| Current assets29/58 | €29,911 | €8,961 | ▼ 70.0% |
| Stocks and contracts in progress3 | - | €5,100 | - |
| Stocks30/36 | - | €5,100 | - |
| Amounts receivable within one year40/41 | €27,024 | €3,013 | ▼ 88.8% |
| Trade receivables40 | - | €927 | - |
| Other amounts receivable41 | €27,024 | €2,087 | ▼ 92.3% |
| Cash at bank and in hand54/58 | €2,888 | €848 | ▼ 70.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €31,208 | €27,217 | ▼ 12.8% |
| Equity10/15 | €28,929 | €20,637 | ▼ 28.7% |
| Contributions10/11 | €30,000 | €30,000 | = |
| Profit (loss) carried forward14 | -€1,071 | -€9,363 | ▼ 774% |
| Amounts payable17/49 | €2,279 | €6,580 | ▲ 189% |
| Amounts payable within one year42/48 | €2,279 | €6,580 | ▲ 189% |
| Trade debts44 | €2,279 | - | - |
| Suppliers440/4 | €2,279 | - | - |
| Taxes, remuneration and social security45 | - | €574 | - |
| Taxes450/3 | - | €574 | - |
| Other amounts payable47/48 | - | €6,006 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€1,071 | -€8,292 | ▼ 674% |
| + Depreciation and write-downs630 | €993 | €2,169 | ▲ 118% |
| Operating cash flow (approximation) | -€78 | -€6,123 | ▼ 7,740% |
| Change in cash | - | -€2,040 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,223 companies had the same profile as VBDN has now. Two years later, 87.7% were still going and 3.4% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VBDN itself: 4.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for VBDN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- DERENNE Ethan to DRIESSEN Noa 150 shares
- DERENNE Ethan founder
- DRIESSEN Noa founder
Capital transactions
- 19-07-2024 Incorporation · €30,000
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| DRIESSEN Noa |
|
| Van Buynderen Nathan |
|
| DERENNE Ethan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “2”
Articles of association, deed of 04-09-2025 (in Dutch)
Network & group
VBDN shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of VBDN. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-09
Gazette deed
Company renamed from D and D to VBDNAppointment: Van Buynderen Nathan (tweede niet statutair bestuurder) · Purpose change5 points ▸
- General meeting, 26-08-2025
- Name change, VBDN
- Purpose change
- Director appointment, Van Buynderen Nathan (tweede niet statutair bestuurder)
- Other provision, “opdracht tot coördinatie en neerlegging van de statuten” (deed in Dutch)
25-02
Gazette deed
Transfer of 150 sharesResignation: DERENNE Ethan (director)3 points ▸
- General meeting, 21-08-2024
- Share transfer, DERENNE Ethan → DRIESSEN Noa
- Director resignation, DERENNE Ethan (director)
19-07
Gazette deed
IncorporationStarting capital €30,000 · Appointments: DERENNE Ethan (director) and DRIESSEN Noa (director) · Founder9 points ▸
- Incorporation, 17-07-2024
- Founder, DERENNE Ethan
- Founder, DRIESSEN Noa
- Founding capital, €30,000
- Board rule, 2
- Director appointment, DERENNE Ethan (director)
- Director appointment, DRIESSEN Noa (director)
- Other provision, “Website en e-mail adres” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20252 activities
- Uitbating van kermisattracties.
- De verkoop, aankoop, het klaarmaken, bereiden van gerechten, snacks en dranken met oog op de verkoop ervan vanuit een foodtruck, mobiele bar, tenten, kramen, standen; de uitbating van foodtrucks op openbare plaatsen, mobiele bar, tenten, kramen, standen bestemd voor culinaire manifestaties, feestlocaties bedrijfsfeesten, privéfeesten, vergader- en tentoonstellingsruimten, seminaries, conferenties, modeshows theaters, festivals, openbare markten en openbare weg; de terbeschikkingstelling van foodtrucks, tenten, kramen, standen al dan niet met personeel; de verhuur van horeca- en feestmaterialen, tenten, en alle materialen die ermee samenhangen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46003B0704/00T000 | Flanders | 1,701 m² | 1 · 580 m² | 7.0 m · 2 |