VD Technics
ActiveVD Technics has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €128k and a net result of €84k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 34% of 170 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2026
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency63▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 0.98 in 2025; short-term debt: 56.4% and cash: 3.9% of total assets), and 62.3% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2026Solvency, return and age of the figures
Solvency
37.7%
Return on assets
24.7%
Age of the figures
6 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €128k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-09-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
53 d early
2025
2 d early
2024
163 d early
2023
4 d early
2022
103 d early
2021
153 d early
2020
137 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€128k▲ 191%
2025 · €44k
2019: €21k
2020: €21k
2021: €21k
2022: €21k
2023: €21k
2024: €19k
2025: €44k
2019 → 2026
Total assets
€340k▼ 14.3%
2025 · €397k
2019: €204k
2020: €276k
2021: €413k
2022: €548k
2023: €586k
2024: €517k
2025: €397k
2019 → 2026
Net result
€84k▼ 22.9%
2025 · €109k
2019: €29k
2020: €137k
2021: €149k
2022: €202k
2023: €298k
2024: €125k
2025: €109k
2019 → 2026
Working capital
€71k
2025 · €-5k
2019: €-4k
2020: €-6k
2021: €-10k
2022: €-7k
2023: €-49k
2024: €-39k
2025: €-5k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€21k-€21k=€19k▼ 9.1%€44k▲ 132%€128k▲ 191%
Operating result€275k-€394k▲ 43.6%€168k▼ 57.5%€133k▼ 20.7%€105k▼ 20.9%
Net result€202k-€298k▲ 47.7%€125k▼ 58.0%€109k▼ 12.8%€84k▼ 22.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2026 is 21% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €340k
Fixed assets
€78k▼ 17.6%
Current assets
€263k▼ 13.3%
Equity and liabilities €340k
Equity
€128k▲ 191%
Debt
€212k▼ 39.9%
The debt ratio falls from 88.9% to 62.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€142k▼
2025 · €170k
Cash flow
€121k▼
2025 · €146k
Solvency
37.7%▲
2025 · 11.1%
Current ratio
1.37▲
2025 · 0.98
Quick ratio
0.77▲
2025 · 0.69
Debt / equity
1.66▼
2025 · 8.03
ROE
65.7%▼
2025 · 248.1%
ROA
24.7%▼
2025 · 27.5%
Interest coverage
24.48▼
2025 · 52.06
Debt
€212k▼
2025 · €353k
Debt ≤ 1 year
€192k▼
2025 · €308k
Debt > 1 year
€20k▼
2025 · €46k
Income taxes
€25k▼
2025 · €34k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€397k€340k▼
Fixed assets21/28€94k€78k▼
Tangible fixed assets22/27€94k€72k▼
Plant, machinery and equipment23-€9k
Furniture and vehicles24€94k€51k▼
Other tangible fixed assets26-€12k
Financial fixed assets28€421€6k▲
Current assets29/58€303k€263k▼
Stocks and contracts in progress3€90k€116k▲
Stocks30/36€90k€116k▲
Amounts receivable within one year40/41€186k€129k▼
Trade receivables40€161k€100k▼
Other amounts receivable41€25k€30k▲
Cash at bank and in hand54/58€25k€13k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€397k€340k▼
Equity10/15€44k€128k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€25k€109k▲
Amounts payable17/49€353k€212k▼
Amounts payable after more than one year17€46k€20k▼
Financial debts170/4€46k€20k▼
Amounts payable within one year42/48€308k€192k▼
Current portion of amounts payable after more than one year42€40k€25k▼
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€65k€38k▼
Suppliers440/4€65k€38k▼
Taxes, remuneration and social security45€15k€2k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€10k€0▼
Other amounts payable47/48€187k€110k▼
Income statement
Code20252026
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€737-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€172k€146k▼
Operating profit (loss)9901€133k€105k▼
Financial income75/76B€14k€9k▼
Recurring financial income75€14k€9k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€143k€109k▼
Income taxes67/77€34k€25k▼
Profit (loss) for the period9904€109k€84k▼
Profit (loss) for the period to be appropriated9905€109k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€109k=
Profit (loss) brought forward from the previous period14P-€25k
Transfer from equity791/2€0-
Profit to be distributed694/7€84k€0▼
Return on contributions (dividend)694€84k€0▼
The notes to these accounts (11 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 2027, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €100kEq €128k ▲191%
8 profitable years in a row build equity to €128k.
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €298k ▲47.7%
Operating result €394k, net result €298k, both a record.
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, De Haan · 1 establishment unit since 2014
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.
Willem Elsschotlaan 298421 De HaanGround area
635 m²
Building footprint
147 m²
Parcel 35021A0039/00V000, Flanders. Linked by address, not a title deed.
1 establishment unit
VD Technics
since 20142.237.477.521
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35021A0039/00V000 | Flanders | 635 m² | 1 · 147 m² | - |
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
2022 to 2025 · 4 entries · 3,340 EUR awarded · 3,340 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 303 EUR | 303 EUR |
| 2024 | 1 | 188 EUR | 188 EUR |
| 2023 | 1 | 2,600 EUR | 2,600 EUR |
| 2022 | 1 | 249 EUR | 249 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesVD Technics BV45556
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LE V.I.P. DU SANITAIRE
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AQUATECH TRAITEMENT DES EAUX
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VANDENDRIESSCHE DIDIER
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,471. 3,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2014
Fiscal year end31-03
Activities, NACEBEL
43221Plumbing work
47793Retail sale of other second-hand goods, excluding clothing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.