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VD-G

Active
Private limited companyfounded 20241 yr activeChemin des Cèdres 80, 4000 Liège, BelgiumKBO/BCE: BE 1015.604.054
Summary

The computed 12-month bankruptcy probability of VD-G is 1.6% (moderate). The 2025 annual accounts show equity of €113,262 and a net result of €116,522. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+100
Growth78
Track record82
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 8.67; short-term debt: 11.3% and cash: 22% of total assets), and 11.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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
88.7%
Return on assets
91.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
24 d early
2024
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
28-09-2026 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 25 October 2024, VD-G was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€113,262
2024 · -€2,401
Total assets
€127,643▲ 5,023%
2024 · €2,492
Net result
€116,522
2024 · -€4,901
Working capital
€110,334
2024 · -€2,401
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€4,893-€148,751
Net result-€4,901-€116,522
Equity-€2,401-€113,262
Total assets€2,492-€127,643▲ 5,023%
Debt€4,893-€14,381▲ 194%
Working capital-€2,401-€110,334
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000€150,000Operating result 2024: -€4,893-€4,893Net result 2024: -€4,901-€4,901Operating result 2025: €148,751€148,751Net result 2025: €116,522€116,52220242025-€50,000€0€50,000€100,000€150,000Operating result 2024: -€4,893-€4,890Net result 2024: -€4,901-€4,900Operating result 2025: €148,751€149,000Net result 2025: €116,522€117,00020242025
The operating result returns to profit in 2025: €148,751 after a loss of €4,893 in 2024.
Balance-sheet composition
Assets €127,643
Fixed assets €2,928
Current assets €124,715
Equity and liabilities €127,643
Equity €113,262
Debt €14,381
Debt finances 11.3% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€148,808▲
2024 · -€1,843
Cash flow
€116,579▲
2024 · -€1,851
Current ratio
8.67
Debt to equity
0.13
ROE
102.9%
ROA
91.3%
Interest coverage
1689.46▲
2024 · -216.77
Debt ≤ 1 year
€14,381▲
2024 · €4,893
Income taxes
€32,141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,662 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% 1.7%
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 75% 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 11,280 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,492€127,643▲
Fixed assets21/28-€2,928
Tangible fixed assets22/27-€2,928
Plant, machinery and equipment23-€2,928
Current assets29/58€2,492€124,715▲
Amounts receivable within one year40/41-€6,295
Other amounts receivable41-€6,295
Cash at bank and in hand54/58€2,492€28,084▲
Deferred charges and accrued income490/1-€90,336
Equity and liabilities
Total equity and liabilities10/49€2,492€127,643▲
Equity10/15-€2,401€113,262▲
Contributions10/11€2,500€2,500=
Reserves13-€110,762
Distributable reserves133-€110,762
Profit (loss) carried forward14-€4,901-
Amounts payable17/49€4,893€14,381▲
Amounts payable within one year42/48€4,893€14,381▲
Trade debts44€124€1,681▲
Suppliers440/4€124€1,681▲
Taxes, remuneration and social security45-€11,841
Taxes450/3-€11,841
Other amounts payable47/48€4,769€859▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,050€57▼
Gross operating margin9900-€1,843€148,808▲
Operating profit (loss)9901-€4,893€148,751▲
Financial charges65/66B€9€88▲
Recurring financial charges65€9€88▲
Profit (loss) for the period before taxes9903-€4,901€148,663▲
Income taxes67/77-€32,141
Profit (loss) for the period9904-€4,901€116,522▲
Profit (loss) for the period to be appropriated9905-€4,901€116,522▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,901€111,621▲
Profit (loss) brought forward from the previous period14P--€4,901
Transfer to equity691/2-€110,762
To other reserves6921-€110,762
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,050€57▼ 98.1%
Gross operating margin9900-€1,843€148,808▲ 8,176%
Operating profit (loss)9901-€4,893€148,751▲ 3,140%
Financial charges65/66B€9€88▲ 936%
Recurring financial charges65€9€88▲ 936%
Profit (loss) for the period before taxes9903-€4,901€148,663▲ 3,133%
Income taxes67/77-€32,141-
Profit (loss) for the period9904-€4,901€116,522▲ 2,477%
Profit (loss) for the period to be appropriated9905-€4,901€116,522▲ 2,477%
Line20242025Change
Assets
Total assets20/58€2,492€127,643▲ 5,023%
Fixed assets21/28-€2,928-
Tangible fixed assets22/27-€2,928-
Plant, machinery and equipment23-€2,928-
Current assets29/58€2,492€124,715▲ 4,906%
Amounts receivable within one year40/41-€6,295-
Other amounts receivable41-€6,295-
Cash at bank and in hand54/58€2,492€28,084▲ 1,027%
Deferred charges and accrued income490/1-€90,336-
Equity and liabilities
Total equity and liabilities10/49€2,492€127,643▲ 5,023%
Equity10/15-€2,401€113,262▲ 4,817%
Contributions10/11€2,500€2,500=
Reserves13-€110,762-
Distributable reserves133-€110,762-
Profit (loss) carried forward14-€4,901--
Amounts payable17/49€4,893€14,381▲ 194%
Amounts payable within one year42/48€4,893€14,381▲ 194%
Trade debts44€124€1,681▲ 1,260%
Suppliers440/4€124€1,681▲ 1,260%
Taxes, remuneration and social security45-€11,841-
Taxes450/3-€11,841-
Other amounts payable47/48€4,769€859▼ 82.0%
Line20242025Change
Profit (loss) for the period9904-€4,901€116,522▲ 2,477%
+ Depreciation and write-downs630€3,050€57▼ 98.1%
Operating cash flow (approximation)-€1,851€116,579▲ 6,398%
Change in cash-€25,592-

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
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €116,522
Net result €116,522 after one loss-making year.
31-12
Financial Liquidity times 17current ratio 8.67
Current ratio from 0.51 to 8.67.
31-12
Financial Equity above €100,000Eq €113,262
Equity rises from -€2,401 to €113,262.
05-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
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, Liège · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
398 m²
Building footprint
73 m²
Volume, LiDAR
594 m³
Parcel 62814C0169/00X003, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemin des Cèdres 80, 4000 Liège
Specialist medical practice
since 20252.366.229.381
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62814C0169/00X003 Wallonia 398 m² 1 · 73 m² 9.7 m · 3 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-10-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015604054
Also 9925:BE1015604054
Registered 24-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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