Financials
- Fiscal year
- 2025
- Total assets
- €1.1m
- Profit
- €263,097
- Solvency
- 29.6%
Total assets▲ 16.7%
Net result
20192025
VDAP Management
ActiveSummary
VDAP Management has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €316,212 and a net result of €263,097. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Activities of bailiffs
NACE 69103
1 site
Size
€1.1mtotal assets 2025
- Equity
- €316,212
- Profit
- €263,097
Turnover not published (abridged schema)
Structure
Accounts 43 d early0 of 2 deeds read
Why 94+ Sector Legal and accounting activities (NACE 69)+ Size: total assets €1.1m+ Figures for FY 2025 (filed 18-06-2026)+ Liquidity: current ratio 1.80, cash €239,065Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 69, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
55+24
equity 29.6% of total assets
Liquidity
76+20
short-term debt 12.8% · cash 22.4%
Profitability
63-6
return on assets 24.6%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 10 months
01-2026: < 0.1%
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: 0.1%▲ +16.3% vs 02-2026
04-2026: 0.1%▲ +7.0% vs 03-2026
05-2026: 0.1%▲ +8.2% vs 04-2026
06-2026: 0.1%▲ +18.2% vs 05-2026highest value
07-2026: < 0.1%▼ -66.7% vs 06-2026lowest value
08-2026: < 0.1%● 0.0% vs 07-2026lowest value
09-2026: < 0.1%● 0.0% vs 08-2026lowest value
10-2026: < 0.1%● 0.0% vs 09-2026lowest value
- Sector Legal and accounting activities (NACE 69) lowers the probability
- Size: total assets €1.1m lowers the probability for this profile
- Figures for FY 2025 (filed 18-06-2026) lowers the probability
- Liquidity: current ratio 1.80, cash €239,065 lowers the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 0.58 in 2024; short-term debt: 12.8% and cash: 22.4% of total assets), but 70.4% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 69, micro). Better than this share of them on solvency 29%, liquidity 65%, profitability 15%, growth against the median 98%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €316,212
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 18-06-2026, 43 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
43 d early
2024
45 d early
2023
35 d early
2022
34 d early
2021
26 d early
2020
19 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed 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. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2019net €263,097 ▲4,829%
- Liquidity triplescurrent ratio 1.80
Key points
By topic
Timeline
- Events
- 13
- Since
- 2020
- Next accounts
- by 31-07-2027
- 18-06-2026Annual accounts filed
- 31-12-2025Highest result since 2019
- 31-12-2025Liquidity triples
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of bailiffsNACE 69103
- Founded
- 28-02-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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