VD NATION
ActiveSummary
The computed 12-month bankruptcy probability of VD NATION is 3.1% (moderate). The 2025 annual accounts show equity of €170,578 and a net result of -€6,322. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 35 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)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,146 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,479 | €53,492 | ▼ 3.6% |
| Other operating charges640/8 | €387 | €13,383 | ▲ 3,355% |
| Gross operating margin9900 | €45,149 | €67,982 | ▲ 50.6% |
| Operating profit (loss)9901 | -€10,718 | €1,107 | ▲ 110% |
| Financial charges65/66B | €10,446 | €7,429 | ▼ 28.9% |
| Recurring financial charges65 | €10,446 | €7,429 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | -€21,164 | -€6,322 | ▲ 70.1% |
| Profit (loss) for the period9904 | -€21,164 | -€6,322 | ▲ 70.1% |
| Profit (loss) for the period to be appropriated9905 | -€21,164 | -€6,322 | ▲ 70.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €396,396 | €342,073 | ▼ 13.7% |
| Fixed assets21/28 | €390,089 | €339,951 | ▼ 12.9% |
| Tangible fixed assets22/27 | €390,089 | €339,951 | ▼ 12.9% |
| Land and buildings22 | €329,523 | €296,308 | ▼ 10.1% |
| Plant, machinery and equipment23 | - | €3,038 | - |
| Other tangible fixed assets26 | €60,566 | €40,605 | ▼ 33.0% |
| Current assets29/58 | €6,307 | €2,121 | ▼ 66.4% |
| Cash at bank and in hand54/58 | €6,307 | €2,121 | ▼ 66.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €396,396 | €342,073 | ▼ 13.7% |
| Equity10/15 | €176,900 | €170,578 | ▼ 3.6% |
| Contributions10/11 | €52,057 | €52,057 | = |
| Capital10 | €51,515 | €51,515 | = |
| Issued capital100 | €51,515 | €51,515 | = |
| Outside capital11 | €542 | €542 | = |
| Share premium1100/10 | €542 | €542 | = |
| Reserves13 | €146,007 | €118,521 | ▼ 18.8% |
| Non-distributable reserves130/1 | €6,307 | €6,307 | = |
| Legal reserve130 | €6,307 | €6,307 | = |
| Distributable reserves133 | €139,701 | €112,214 | ▼ 19.7% |
| Profit (loss) carried forward14 | -€21,164 | - | - |
| Amounts payable17/49 | €219,496 | €171,495 | ▼ 21.9% |
| Amounts payable after more than one year17 | €121,746 | €56,635 | ▼ 53.5% |
| Financial debts170/4 | €121,746 | €56,635 | ▼ 53.5% |
| Amounts payable within one year42/48 | €97,750 | €114,860 | ▲ 17.5% |
| Current portion of amounts payable after more than one year42 | €62,138 | €65,112 | ▲ 4.8% |
| Taxes, remuneration and social security45 | - | €710 | - |
| Taxes450/3 | - | €710 | - |
| Other amounts payable47/48 | €35,612 | €49,039 | ▲ 37.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€21,164 | -€6,322 | ▲ 70.1% |
| + Depreciation and write-downs630 | €55,479 | €53,492 | ▼ 3.6% |
| Operating cash flow (approximation) | €34,315 | €47,170 | ▲ 37.5% |
| Investment in fixed assets (approximation) | - | -€3,355 | - |
| Change in cash | - | -€4,186 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0070/00G000 | Flanders | 3,443 m² | 1 · 2,044 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.