VDB.immo
ActiveSummary
VDB.immo has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €234k and a net result of €50k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 80% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▼-10
Solvency100▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 4.56 against 2.12 in 2024; short-term debt: 15.4% and cash: 47.9% of total assets), and 21.2% 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○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
78.8%
Return on assets
16.9%
Age of the figures
15 mo
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
182021232425
2018 to 2025 · latest year €234k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
7 d early
2021
23 d early
2020
5 d early
2018
46 d early
2017
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€234k▲ 27.2%
2024 · €184k
2018: €-140klowest value
2020: €120k
2021: €124k▲ +3.0% vs 2020
2023: €86k
2024: €184k▲ +114% vs 2023
2025: €234k▲ +27.2% vs 2024highest value
2018 → 2025
Total assets
€297k▼ 6.3%
2024 · €317k
2018: €221k
2020: €161k
2021: €135k▼ -15.7% vs 2020
2023: €122klowest value
2024: €317k▲ +161% vs 2023highest value
2025: €297k▼ -6.3% vs 2024
2018 → 2025
Net result
€50k▼ 52.3%
2024 · €105k
2018: €-84klowest value
2020: €261khighest value
2021: €4k▼ -98.6% vs 2020
2023: €23k
2024: €105k▲ +349% vs 2023
2025: €50k▼ -52.3% vs 2024
2018 → 2025
Working capital
€163k▲ 41.5%
2024 · €115k
2018: €-176klowest value
2020: €52k
2021: €55k▲ +4.8% vs 2020
2023: €24k
2024: €115k▲ +385% vs 2023
2025: €163k▲ +41.5% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€120k-€124k▲ 3.0%€86k▼ 30.7%€184k▲ 114%€234k▲ 27.2%
2020: €120k
2021: €124k▲ +3.0% vs 2020
2023: €86klowest value
2024: €184k▲ +114% vs 2023
2025: €234k▲ +27.2% vs 2024highest value
Operating result€313k-€5k▼ 98.5%€32k▲ 583%€151k▲ 371%€71k▼ 53.2%
2020: €313khighest value
2021: €5k▼ -98.5% vs 2020lowest value
2023: €32k
2024: €151k▲ +371% vs 2023
2025: €71k▼ -53.2% vs 2024
Net result€261k-€4k▼ 98.6%€23k▲ 548%€105k▲ 349%€50k▼ 52.3%
2020: €261khighest value
2021: €4k▼ -98.6% vs 2020lowest value
2023: €23k
2024: €105k▲ +349% vs 2023
2025: €50k▼ -52.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€88k ▼ 10.6%
Current assets
€209k ▼ 4.4%
Equity and liabilities €297k
Equity
€234k ▲ 27.2%
Debt
€63k ▼ 52.6%
Debt's share of the balance-sheet total falls from 42.0% to 21.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€82k▼
2024 · €158k
Cash flow
€62k▼
2024 · €113k
Current ratio
4.56▲
2024 · 2.12
Debt to equity
0.27▼
2024 · 0.72
ROE
21.4%▼
2024 · 57.1%
ROA
16.9%▼
2024 · 33.1%
Interest coverage
34.94▼
2024 · 79.78
Debt ≤ 1 year
€46k▼
2024 · €103k
Debt > 1 year
€17k▼
2024 · €28k
Income taxes
€21k▼
2024 · €44k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€317k€297k▼
Fixed assets21/28€98k€88k▼
Tangible fixed assets22/27€98k€88k▼
Land and buildings22€59k€56k▼
Furniture and vehicles24€39k€31k▼
Current assets29/58€219k€209k▼
Amounts receivable within one year40/41€55k€66k▲
Trade receivables40€1k-
Other amounts receivable41€54k€66k▲
Cash at bank and in hand54/58€163k€142k▼
Deferred charges and accrued income490/1€773€515▼
Equity and liabilities
Total equity and liabilities10/49€317k€297k▼
Equity10/15€184k€234k▲
Contributions10/11€6k€6k=
Reserves13€177k€228k▲
Distributable reserves133€177k€228k▲
Amounts payable17/49€133k€63k▼
Amounts payable after more than one year17€28k€17k▼
Financial debts170/4€28k€17k▼
Amounts payable within one year42/48€103k€46k▼
Current portion of amounts payable after more than one year42€10k€11k▲
Trade debts44€12k€12k▲
Suppliers440/4€12k€12k▲
Taxes, remuneration and social security45€59k€23k▼
Taxes450/3€59k€23k▼
Other amounts payable47/48€23k-
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Non-recurring operating income76A-€20k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€162k€86k▼
Operating profit (loss)9901€151k€71k▼
Financial income75/76B€90€3k▲
Recurring financial income75€90€3k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€149k€71k▼
Income taxes67/77€44k€21k▼
Profit (loss) for the period9904€105k€50k▼
Profit (loss) for the period to be appropriated9905€105k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€50k▼
Transfer to equity691/2€98k€50k▼
To other reserves6921€98k€50k▼
Profit to be distributed694/7€7k-
Return on contributions (dividend)694€5k-
Directors or managers695€2k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €20k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €5k | €8k | €8k | €12k | ▲ 54.0% |
| Other operating charges640/8 | - | - | €4k | €3k | €4k | ▲ 9.1% |
| Gross operating margin9900 | €330k | €14k | €43k | €162k | €86k | ▼ 46.9% |
| Operating profit (loss)9901 | €313k | €5k | €32k | €151k | €71k | ▼ 53.2% |
| Financial income75/76B | - | - | €3k | €90 | €3k | ▲ 2,975% |
| Recurring financial income75 | €3k | €2k | €3k | €90 | €3k | ▲ 2,975% |
| Financial charges65/66B | - | - | €1k | €2k | €2k | ▲ 18.5% |
| Recurring financial charges65 | €2k | €995 | €1k | €2k | €2k | ▲ 18.5% |
| Profit (loss) for the period before taxes9903 | €314k | €5k | €33k | €149k | €71k | ▼ 52.4% |
| Income taxes67/77 | €54k | €2k | €10k | €44k | €21k | ▼ 52.5% |
| Profit (loss) for the period9904 | €261k | €4k | €23k | €105k | €50k | ▼ 52.3% |
| Profit (loss) for the period to be appropriated9905 | €261k | €4k | €23k | €105k | €50k | ▼ 52.3% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161k | €135k | €122k | €317k | €297k | ▼ 6.3% |
| Fixed assets21/28 | €75k | €70k | €62k | €98k | €88k | ▼ 10.6% |
| Tangible fixed assets22/27 | €75k | €70k | €62k | €98k | €88k | ▼ 10.6% |
| Land and buildings22 | - | - | €62k | €59k | €56k | ▼ 4.9% |
| Furniture and vehicles24 | - | - | - | €39k | €31k | ▼ 19.3% |
| Current assets29/58 | €86k | €66k | €59k | €219k | €209k | ▼ 4.4% |
| Amounts receivable within one year40/41 | €84k | €57k | €52k | €55k | €66k | ▲ 21.2% |
| Trade receivables40 | - | - | - | €1k | - | - |
| Other amounts receivable41 | - | - | €52k | €54k | €66k | ▲ 24.0% |
| Cash at bank and in hand54/58 | €812 | €8k | €8k | €163k | €142k | ▼ 12.8% |
| Deferred charges and accrued income490/1 | - | - | €100 | €773 | €515 | ▼ 33.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161k | €135k | €122k | €317k | €297k | ▼ 6.3% |
| Equity10/15 | €120k | €124k | €86k | €184k | €234k | ▲ 27.2% |
| Contributions10/11 | €62k | €62k | €6k | €6k | €6k | = |
| Outside capital11 | - | - | €6k | - | - | - |
| Other1109/19 | - | - | €6k | - | - | - |
| Reserves13 | €59k | €63k | €80k | €177k | €228k | ▲ 28.2% |
| Distributable reserves133 | - | - | €80k | €177k | €228k | ▲ 28.2% |
| Profit (loss) carried forward14 | €-121k | €-205k | - | - | - | - |
| Amounts payable17/49 | €40k | €11k | €36k | €133k | €63k | ▼ 52.6% |
| Amounts payable after more than one year17 | €7k | - | - | €28k | €17k | ▼ 38.7% |
| Financial debts170/4 | - | - | - | €28k | €17k | ▼ 38.7% |
| Amounts payable within one year42/48 | €34k | €11k | €36k | €103k | €46k | ▼ 55.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10k | €11k | ▲ 4.3% |
| Trade debts44 | €1k | €408 | €9k | €12k | €12k | ▲ 4.9% |
| Suppliers440/4 | - | - | €9k | €12k | €12k | ▲ 4.9% |
| Taxes, remuneration and social security45 | - | - | €22k | €59k | €23k | ▼ 61.0% |
| Taxes450/3 | - | - | €14k | €59k | €23k | ▼ 61.0% |
| Remuneration and social security454/9 | - | - | €8k | - | - | - |
| Other amounts payable47/48 | - | - | €5k | €23k | - | - |
| Accrued charges and deferred income492/3 | - | - | €205 | €2k | - | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €261k | €4k | €23k | €105k | €50k | ▼ 52.3% |
| + Depreciation and write-downs630 | €10k | €5k | €8k | €8k | €12k | ▲ 54.0% |
| Operating cash flow (approximation) | €270k | €9k | €31k | €113k | €62k | ▼ 45.1% |
| Investment in fixed assets (approximation) | - | €0 | - | €-44k | €-1k | ▲ 97.0% |
| Change in cash | - | €7k | - | €156k | €-21k | ▼ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity doublescurrent ratio 4.56
Current ratio from 2.12 to 4.56; short-term debt falls from €103k to €46k.
30-06
Financial
Equity above €200kEq €234k ▲27.2%
5 profitable years in a row build equity to €234k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €150kEq €184k ▲114%
4 profitable years in a row build equity to €184k.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
Financial
Liquidity doublescurrent ratio 6.04
Current ratio from 2.56 to 6.04; short-term debt falls from €34k to €11k.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
Financial
Back to profitnet €261k
Net result €261k after one loss-making year.
31-08
Financial
Liquidity times 11current ratio 2.56
Current ratio from 0.23 to 2.56; short-term debt falls from €227k to €34k.
31-08
Financial
Equity above €100kEq €120k
Equity rises from €-140k to €120k.
Show earlier events
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Maasmechelen · 1 establishment unit since 1996
Ground area
1,247 m²
Building footprint
244 m²
Parcel 73048C1879/00B004, Flanders. Linked by address, not a title deed.
1 establishment unit
VDB.immo
since 19962.077.530.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73048C1879/00B004 | Flanders | 1,247 m² | 1 · 244 m² | - |
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.
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Of 679 companies in sector 46494 we hold annual accounts for 530. 400 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-1996
Fiscal year end30-06
Activities, NACEBEL 2025
46494Wholesale of non-electrical household articles
46499Wholesale of other household goods
47551Retail sale of household furniture
47784Retail sale of souvenirs and religious articles
Scores and ratios are computed by Checked and are not a credit decision.