VDB
ActiveVDB has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+2
Solvency35▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.39 in 2024; short-term debt: 27.3% and cash: 5.1% of total assets), and 90% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10%
Return on assets
4.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7733 sector peers (2025).
NBB · sector comparisonPosition among 7733 sector peers
Solvency
better than 19%
← weakest
strongest →
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
1819202122232425
2018 to 2025 · latest year €25k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
8 d early
2023
28 d late
2022
17 d late
2021
4 d early
2020
12 d late
2019
24 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▲ 71.9%
2024 · €15k
2018: €44k
2019: €50k
2020: €60k
2021: €49k
2022: €553
2023: €2k
2024: €15k
2018 → 2025
Total assets
€251k▼ 0.8%
2024 · €253k
2018: €138k
2019: €167k
2020: €169k
2021: €349k
2022: €273k
2023: €257k
2024: €253k
2018 → 2025
Net result
€10k▼ 13.4%
2024 · €12k
2018: €3k
2019: €6k
2020: €10k
2021: €-11k
2022: €-48k
2023: €2k
2024: €12k
2018 → 2025
Working capital
€-34k▲ 19.7%
2024 · €-42k
2018: €29k
2019: €36k
2020: €64k
2021: €-772
2022: €-51k
2023: €-50k
2024: €-42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€553▼ 98.9%€2k▲ 347%€15k▲ 490%€25k▲ 71.9%
Operating result€-2k-€-42k▼ 2,004%€8k€20k▲ 137%€21k▲ 2.2%
Net result€-11k-€-48k▼ 320%€2k€12k▲ 531%€10k▼ 13.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251k
Fixed assets
€216k▼ 4.7%
Current assets
€35k▲ 32.6%
Equity and liabilities €251k
Equity
€25k▲ 71.9%
Debt
€226k▼ 5.3%
The debt ratio falls from 94.2% to 90.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2024 · €31k
Cash flow
€21k▼
2024 · €23k
Solvency
10.0%▲
2024 · 5.8%
Current ratio
0.51▲
2024 · 0.39
Quick ratio
0.51▲
2024 · 0.39
Debt / equity
9.03▼
2024 · 16.39
ROE
41.8%▼
2024 · 83.0%
ROA
4.2%▼
2024 · 4.8%
Interest coverage
4.32▲
2024 · 3.98
Debt
€226k▼
2024 · €239k
Debt ≤ 1 year
€69k▲
2024 · €68k
Debt > 1 year
€158k▼
2024 · €171k
Income taxes
€3k▲
2024 · €346
Staff costs
€126▲
2024 · €58
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€253k€251k▼
Fixed assets21/28€227k€216k▼
Tangible fixed assets22/27€227k€216k▼
Land and buildings22€225k€215k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€91€0▼
Current assets29/58€26k€35k▲
Amounts receivable within one year40/41€16k€22k▲
Trade receivables40€8k€9k▲
Other amounts receivable41€9k€13k▲
Cash at bank and in hand54/58€10k€13k▲
Deferred charges and accrued income490/1€276€0▼
Equity and liabilities
Total equity and liabilities10/49€253k€251k▼
Equity10/15€15k€25k▲
Contributions10/11€6k€6k=
Reserves13€54k€54k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-45k€-35k▲
Amounts payable17/49€239k€226k▼
Amounts payable after more than one year17€171k€158k▼
Financial debts170/4€171k€158k▼
Amounts payable within one year42/48€68k€69k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€548€593▲
Suppliers440/4€548€593▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€58€126▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€33k€34k▲
Operating profit (loss)9901€20k€21k▲
Financial income75/76B€48€0▼
Recurring financial income75€48€0▼
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€12k€13k▲
Income taxes67/77€346€3k▲
Profit (loss) for the period9904€12k€10k▼
Profit (loss) for the period to be appropriated9905€12k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-35k▲
Profit (loss) brought forward from the previous period14P€-58k€-45k▲
The notes to these accounts (7 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 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €12k ▲531%
Net result €12k, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zulte · 1 establishment unit since 2013
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.
Molenstraat 379870 ZulteGround area
587 m²
Building footprint
442 m²
Volume, LiDAR
2,774 m³
Parcel 44050B1213/00X000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDB
since 20132.215.330.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050B1213/00X000 | Flanders | 587 m² | 1 · 442 m² | 11.2 m · 2 fl. |
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.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2012
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.