VD.B
ActiveThe computed 12-month bankruptcy probability of VD.B is 4.6% (elevated). The 2024 annual accounts show equity of €29k and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 6718 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+50
Solvency53▲+28
Growth58=
Track record100
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.4 against 0.9 in 2023; short-term debt: 71.3% and cash: 41.7% of total assets), and 71.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.3%
Return on assets
28.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
31 d late
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€29k
2023 · €-225
2021: €38k
2022: €21k
2023: €-225
2021 → 2024
Total assets
€104k▲ 46.1%
2023 · €71k
2021: €120k
2022: €122k
2023: €71k
2021 → 2024
Net result
€30k
2023 · €-22k
2021: €-27k
2022: €-13k
2023: €-22k
2021 → 2024
Working capital
€30k
2023 · €-7k
2021: €-33k
2022: €-14k
2023: €-7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€38k-€21k▼ 43.5%€-225€29k
Operating result€-26k-€-12k▲ 52.7%€-21k▼ 70.8%€30k
Net result€-27k-€-13k▲ 49.7%€-22k▼ 60.8%€30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €30k after a loss of €21k in 2023, the highest result in the available series.
Balance-sheet composition
Equity and liabilities €104k
Equity
€29k
Debt
€74k
Debt finances 71.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€37k▲
2023 · €7k
Cash flow
€37k▲
2023 · €6k
Solvency
28.3%▲
2023 · -0.3%
Current ratio
1.40▲
2023 · 0.90
Quick ratio
1.40▲
2023 · 0.90
Debt / equity
2.53
ROE
100.8%
ROA
28.5%▲
2023 · -30.4%
Interest coverage
136.42▲
2023 · 17.22
Debt
€74k▲
2023 · €71k
Debt ≤ 1 year
€74k▲
2023 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€71k€104k▲
Fixed assets21/28€7k-
Tangible fixed assets22/27€7k-
Furniture and vehicles24€7k-
Current assets29/58€64k€104k▲
Amounts receivable within one year40/41€52k€60k▲
Trade receivables40€4k€11k▲
Other amounts receivable41€48k€48k=
Cash at bank and in hand54/58€11k€43k▲
Deferred charges and accrued income490/1€749€747▼
Equity and liabilities
Total equity and liabilities10/49€71k€104k▲
Equity10/15€-225€29k▲
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Profit (loss) carried forward14€-62k€-32k▲
Amounts payable17/49€71k€74k▲
Amounts payable within one year42/48€71k€74k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€3k€5k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€62k€62k▲
Accrued charges and deferred income492/3-€408
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€7k▼
Other operating charges640/8€26€816▲
Non-recurring operating charges66A€300-
Gross operating margin9900€7k€38k▲
Operating profit (loss)9901€-21k€30k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€383€272▼
Recurring financial charges65€383€272▼
Profit (loss) for the period before taxes9903€-22k€30k▲
Profit (loss) for the period9904€-22k€30k▲
Profit (loss) for the period to be appropriated9905€-22k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-32k▲
Profit (loss) brought forward from the previous period14P€-40k€-62k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Agatha-Berchem · 1 establishment unit since 2020
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.
Keizer Karellaan 5841082 Sint-Agatha-BerchemGround area
7,636 m²
Building footprint
4,149 m²
Volume, LiDAR
121,967 m³
2 parcels, Brussels · tallest building 47.0 m, ±11 floors. Linked by address, not a title deed.
1 establishment unit
Kunstlaan 56, 1000 Brussel
since 20202.310.321.749
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 fl. |
| 21003A0289/00L011 | Brussels | 2,983 m² | 1 · 1,288 m² | 47.0 m · 11 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 0841.662.862
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XENOS FORWARDING
BE 0880.651.122
Antwerpen · Eq €29k
TH LOGISTIC
BE 0741.966.955
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TWO MOVE TRANS
BE 0682.506.153
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FRP LOGISTICS
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,203. 5,481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-08-2020
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46820Wholesale trade
46832Wholesale of timber
46861Wholesale of diamonds and other precious stones
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.