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VD-S

Active
Private limited companyfounded 20233 yrs activeDuivelsbroek 10, 2400 Mol, BelgiumKBO/BCE: BE 0800.782.015
Summary

The computed 12-month bankruptcy probability of VD-S is 3.0% (moderate). The 2024 annual accounts show equity of €95,380 and a net result of €60,667. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+19
Growth78
Track record94
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 2.01 in 2023; short-term debt: 20.6% and cash: 27.7% of total assets), and 20.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
13 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 11 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 (1)
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

VD-S was incorporated on 14 April 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€95,380▲ 175%
2023 · €34,714
Total assets
€120,138▲ 93.5%
2023 · €62,077
Net result
€60,667▲ 88.3%
2023 · €32,214
Working capital
€83,709▲ 203%
2023 · €27,619
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
Line20232024
Operating result€42,943-€79,524▲ 85.2%
Net result€32,214-€60,667▲ 88.3%
Equity€34,714-€95,380▲ 175%
Total assets€62,077-€120,138▲ 93.5%
Debt€27,364-€24,757▼ 9.5%
Working capital€27,619-€83,709▲ 203%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2023: €42,943€42,943Net result 2023: €32,214€32,214Operating result 2024: €79,524€79,524Net result 2024: €60,667€60,66720232024€0€20,000€40,000€60,000€80,000Operating result 2023: €42,943€42,900Net result 2023: €32,214€32,200Operating result 2024: €79,524€79,500Net result 2024: €60,667€60,70020232024
The operating result rises in 2024; 2024 is 85% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120,138
Fixed assets €11,671 ▲ 64.5%
Current assets €108,467 ▲ 97.3%
Equity and liabilities €120,138
Equity €95,380 ▲ 175%
Debt €24,757 ▼ 9.5%
Debt's share of the balance-sheet total falls from 44.1% to 20.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€84,501▲
2023 · €45,711
Cash flow
€65,643▲
2023 · €34,982
Current ratio
4.38▲
2023 · 2.01
Debt to equity
0.26▼
2023 · 0.79
ROE
63.6%▼
2023 · 92.8%
ROA
50.5%▼
2023 · 51.9%
Interest coverage
41.49▼
2023 · 216.68
Debt ≤ 1 year
€24,757▼
2023 · €27,364
Income taxes
€16,852▲
2023 · €10,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.0% 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 497,058 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% 1.6%
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 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 39,275 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€62,077€120,138▲
Fixed assets21/28€7,094€11,671▲
Tangible fixed assets22/27€7,094€11,671▲
Plant, machinery and equipment23€5,715€8,595▲
Furniture and vehicles24€1,380€3,076▲
Current assets29/58€54,983€108,467▲
Amounts receivable within one year40/41€9,024€10,180▲
Trade receivables40€9,024€9,773▲
Other amounts receivable41-€407
Current investments50/53-€65,000
Cash at bank and in hand54/58€45,959€33,287▼
Equity and liabilities
Total equity and liabilities10/49€62,077€120,138▲
Equity10/15€34,714€95,380▲
Contributions10/11€2,500€2,500=
Reserves13€32,214€92,880▲
Distributable reserves133€32,214€92,880▲
Amounts payable17/49€27,364€24,757▼
Amounts payable within one year42/48€27,364€24,757▼
Trade debts44€2,469€807▼
Suppliers440/4€2,469€807▼
Taxes, remuneration and social security45€519€579▲
Taxes450/3€519€579▲
Other amounts payable47/48€24,376€23,372▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,768€4,976▲
Other operating charges640/8€1,833€742▼
Gross operating margin9900€47,544€85,243▲
Operating profit (loss)9901€42,943€79,524▲
Financial income75/76B€0€31▲
Recurring financial income75€0€31▲
Financial charges65/66B€211€2,037▲
Recurring financial charges65€211€2,037▲
Profit (loss) for the period before taxes9903€42,732€77,519▲
Income taxes67/77€10,519€16,852▲
Profit (loss) for the period9904€32,214€60,667▲
Profit (loss) for the period to be appropriated9905€32,214€60,667▲
Appropriation of the result
Profit (loss) to be appropriated9906€32,214€60,667▲
Transfer to equity691/2€32,214€60,667▲
To other reserves6921€32,214€60,667▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,768€4,976▲ 79.8%
Other operating charges640/8€1,833€742▼ 59.5%
Gross operating margin9900€47,544€85,243▲ 79.3%
Operating profit (loss)9901€42,943€79,524▲ 85.2%
Financial income75/76B€0€31▲ 102,667%
Recurring financial income75€0€31▲ 102,667%
Financial charges65/66B€211€2,037▲ 865%
Recurring financial charges65€211€2,037▲ 865%
Profit (loss) for the period before taxes9903€42,732€77,519▲ 81.4%
Income taxes67/77€10,519€16,852▲ 60.2%
Profit (loss) for the period9904€32,214€60,667▲ 88.3%
Profit (loss) for the period to be appropriated9905€32,214€60,667▲ 88.3%
Line20232024Change
Assets
Total assets20/58€62,077€120,138▲ 93.5%
Fixed assets21/28€7,094€11,671▲ 64.5%
Tangible fixed assets22/27€7,094€11,671▲ 64.5%
Plant, machinery and equipment23€5,715€8,595▲ 50.4%
Furniture and vehicles24€1,380€3,076▲ 123%
Current assets29/58€54,983€108,467▲ 97.3%
Amounts receivable within one year40/41€9,024€10,180▲ 12.8%
Trade receivables40€9,024€9,773▲ 8.3%
Other amounts receivable41-€407-
Current investments50/53-€65,000-
Cash at bank and in hand54/58€45,959€33,287▼ 27.6%
Equity and liabilities
Total equity and liabilities10/49€62,077€120,138▲ 93.5%
Equity10/15€34,714€95,380▲ 175%
Contributions10/11€2,500€2,500=
Reserves13€32,214€92,880▲ 188%
Distributable reserves133€32,214€92,880▲ 188%
Amounts payable17/49€27,364€24,757▼ 9.5%
Amounts payable within one year42/48€27,364€24,757▼ 9.5%
Trade debts44€2,469€807▼ 67.3%
Suppliers440/4€2,469€807▼ 67.3%
Taxes, remuneration and social security45€519€579▲ 11.7%
Taxes450/3€519€579▲ 11.7%
Other amounts payable47/48€24,376€23,372▼ 4.1%
Line20232024Change
Profit (loss) for the period9904€32,214€60,667▲ 88.3%
+ Depreciation and write-downs630€2,768€4,976▲ 79.8%
Operating cash flow (approximation)€34,982€65,643▲ 87.7%
Investment in fixed assets (approximation)--€9,553-
Change in cash--€12,673-

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

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity doublescurrent ratio 4.38
Current ratio from 2.01 to 4.38; short-term debt falls from €27,364 to €24,757.
18-07
NBB filing Annual accounts filed
fiscal year 2023 · 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, Mol · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,350 m²
Building footprint
207 m²
Volume, LiDAR
725 m³
Parcel 13433E0980/00R004, Flanders · tallest building 17.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VD-S
Duivelsbroek 10, 2400 MolGeneral medical practice
since 20232.344.467.927
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13433E0980/00R004 Flanders 1,350 m² 1 · 207 m² 17.1 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 381 EUR awarded · 480 EUR paid
Year Entries awardedpaid
2025 1 81 EUR81 EUR
2024 1 204 EUR204 EUR
2023 1 96 EUR195 EUR
Schemes
3 entries · 381 EUR · 480 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formPrivate limited company
Founded14-04-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800782015
Also 9925:BE0800782015
Registered 02-09-2025

Register as of 27 September 2026 · Peppol Directory

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