VDB Advisory
ActiveSummary
VDB Advisory has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €747k and a net result of €-63k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 68% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▲+2
Solvency99▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity ample (current ratio 3.82 against 8.53 in 2023; short-term debt: 26% and cash: 0% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74%
Return on assets
-6.3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-63k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2026, 397 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
397 d late
2023
761 d late
2022
1127 d late
2021
181 d late
2020
35 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€747k▼ 7.8%
2023 · €810k
2018: €625k
2019: €750k
2020: €836k
2021: €823k
2022: €826k
2023: €810k
2018 → 2024
Total assets
€1.01M▲ 10.1%
2023 · €917k
2018: €706k
2019: €830k
2020: €898k
2021: €939k
2022: €866k
2023: €917k
2018 → 2024
Net result
€-63k▼ 281%
2023 · €-17k
2018: €22k
2019: €126k
2020: €85k
2021: €-13k
2022: €4k
2023: €-17k
2018 → 2024
Working capital
€742k▼ 7.8%
2023 · €805k
2018: €612k
2019: €740k
2020: €826k
2021: €818k
2022: €829k
2023: €805k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€836k-€823k▼ 1.5%€826k▲ 0.4%€810k▼ 2.0%€747k▼ 7.8%
Operating result€96k-€36k▼ 62.3%€-31k€4k€-43k
Net result€85k-€-13k€4k€-17k€-63k▼ 281%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €43k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.01M
Fixed assets
€5k =
Current assets
€1.00M ▲ 10.1%
Equity and liabilities €1.01M
Equity
€747k ▼ 7.8%
Debt
€263k ▲ 146%
Debt's share of the balance-sheet total rises from 11.7% to 26.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
3.82▼
2023 · 8.53
Debt to equity
0.35▲
2023 · 0.13
ROE
-8.5%▼
2023 · -2.0%
ROA
-6.3%▼
2023 · -1.8%
Debt ≤ 1 year
€263k▲
2023 · €107k
Income taxes
€10k=
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€917k€1.01M▲
Fixed assets21/28€5k€5k=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€5k€5k=
Current assets29/58€912k€1.00M▲
Amounts receivable after more than one year29€529k€529k=
Other amounts receivable291€529k€529k=
Amounts receivable within one year40/41€91k€213k▲
Trade receivables40€13k€143k▲
Other amounts receivable41€78k€69k▼
Cash at bank and in hand54/58€296€295▼
Deferred charges and accrued income490/1€292k€263k▼
Equity and liabilities
Total equity and liabilities10/49€917k€1.01M▲
Equity10/15€810k€747k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€789k€726k▼
Amounts payable17/49€107k€263k▲
Amounts payable within one year42/48€107k€263k▲
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44€97k€200k▲
Suppliers440/4€97k€200k▲
Taxes, remuneration and social security45€320€53k▲
Taxes450/3€320€10k▲
Remuneration and social security454/9-€42k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€263-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€7k€-41k▼
Operating profit (loss)9901€4k€-43k▼
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€-7k€-53k▼
Income taxes67/77€10k€10k=
Profit (loss) for the period9904€-17k€-63k▼
Profit (loss) for the period to be appropriated9905€-17k€-63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€789k€726k▼
Profit (loss) brought forward from the previous period14P€806k€789k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 397 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 761 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1127 days late
2024
31-12
Financial
Weakest financial yearnet €-63k
Net result drops to €-63k, the lowest in the series.
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 26.52
Current ratio from 8.04 to 26.52; short-term debt falls from €116k to €32k.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 181 days late
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 35 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €126k ▲474%
Operating result €173k, net result €126k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
11-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2002
Ground area
904 m²
Building footprint
186 m²
Volume, LiDAR
1,265 m³
Parcel 23070A0201/00F000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADVOCATENKANTOOR JEAN VAN DEN BERGH
since 20022.309.339.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070A0201/00F000 | Flanders | 904 m² | 1 · 186 m² | 10.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300YLYNCOK2GO6P18
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PIERRE SCULIER
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ADVOCATENKANTOOR BERNAUW KRISTIAAN
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Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 4,976 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.