VD engineering
ActiveSummary
VD engineering has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €4k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 82% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+91
Solvency100=
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 5.36 against 23.95 in 2024; short-term debt: 17.2% and cash: 75.6% of total assets), and 17.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
82.8%
Return on assets
18.1%
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 27-04-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
19 d early
2022
13 d early
2021
32 d early
2020
11 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 28.0%
2024 · €15k
2018: €17k
2019: €18k
2020: €17k
2021: €23k
2022: €31k
2023: €30k
2024: €15k
2018 → 2025
Total assets
€23k▲ 48.6%
2024 · €15k
2018: €31k
2019: €39k
2020: €32k
2021: €36k
2022: €36k
2023: €31k
2024: €15k
2018 → 2025
Net result
€4k
2024 · €-10k
2018: €11k
2019: €319
2020: €-230
2021: €6k
2022: €8k
2023: €-2k
2024: €-10k
2018 → 2025
Working capital
€17k▲ 25.6%
2024 · €14k
2018: €13k
2019: €11k
2020: €14k
2021: €22k
2022: €31k
2023: €28k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€31k▲ 36.3%€30k▼ 4.8%€15k▼ 50.3%€19k▲ 28.0%
Operating result€9k-€13k▲ 45.5%€-969€-10k▼ 908%€4k
Net result€6k-€8k▲ 46.4%€-2k€-10k▼ 561%€4k
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 2025: €4k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€2k ▲ 57.2%
Current assets
€21k ▲ 47.9%
Equity and liabilities €23k
Equity
€19k ▲ 28.0%
Debt
€4k ▲ 560%
Debt's share of the balance-sheet total rises from 3.9% to 17.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▲
2024 · €-9k
Cash flow
€5k▲
2024 · €-9k
Current ratio
5.36▼
2024 · 23.95
Debt to equity
0.21▲
2024 · 0.04
ROE
21.9%▲
2024 · -67.4%
ROA
18.1%▲
2024 · -64.8%
Interest coverage
74.58▲
2024 · -123.72
Debt ≤ 1 year
€4k▲
2024 · €598
Income taxes
€188▲
2024 · €176
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€15k€23k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€14k€21k▲
Amounts receivable within one year40/41€151€4k▲
Trade receivables40€0€4k▲
Other amounts receivable41€151€0▼
Cash at bank and in hand54/58€14k€17k▲
Equity and liabilities
Total equity and liabilities10/49€15k€23k▲
Equity10/15€15k€19k▲
Contributions10/11€8k€8k=
Reserves13€18k€14k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€18k€14k▼
Profit (loss) carried forward14€-12k€-3k▲
Amounts payable17/49€598€4k▲
Amounts payable within one year42/48€598€4k▲
Trade debts44€247€703▲
Suppliers440/4€247€703▲
Taxes, remuneration and social security45€176€951▲
Taxes450/3€176€951▲
Other amounts payable47/48€175€2k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€863€951▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-8k€6k▲
Operating profit (loss)9901€-10k€4k▲
Financial charges65/66B€72€72=
Recurring financial charges65€72€72=
Profit (loss) for the period before taxes9903€-10k€4k▲
Income taxes67/77€176€188▲
Profit (loss) for the period9904€-10k€4k▲
Profit (loss) for the period to be appropriated9905€-10k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-7k▲
Profit (loss) brought forward from the previous period14P€-2k€-12k▼
Transfer from equity791/2€5k€4k▼
Profit to be distributed694/7€5k€0▼
Return on contributions (dividend)694€5k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity triplescurrent ratio 23.31
Current ratio from 7.03 to 23.31; short-term debt falls from €5k to €1k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity triplescurrent ratio 7.03
Current ratio from 2.61 to 7.03; short-term debt falls from €13k to €5k.
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Rijkevorsel · 1 establishment unit since 2016
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.
Hoge-Heideweg 882310 RijkevorselGround area
1,218 m²
Building footprint
179 m²
Volume, LiDAR
911 m³
Parcel 13502D0093/00P000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VD engineering
since 20162.259.622.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502D0093/00P000 | Flanders | 1,218 m² | 1 · 179 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 666 EUR awarded · 666 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 666 EUR | 666 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 3,917 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2016
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.