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VDB IMMO

Active
Private limited companyfounded 20232 yrs activeWagenmakerijstraat 14, 8900 Ieper, BelgiumKBO/BCE: BE 1002.684.347
Summary

The computed 12-month bankruptcy probability of VDB IMMO is 2.9% (moderate). The 2025 annual accounts show equity of €128,524 and a net result of -€2,476. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability61
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.93; short-term debt: 18.9% and cash: 13.7% of total assets), and 86.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VDB IMMO was incorporated on 27 November 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€128,524
Total assets
€980,122
Net result
-€2,476
Working capital
-€12,262

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €980,122
Fixed assets €806,908
Current assets €173,215
Equity and liabilities €980,122
Equity €128,524
Debt €851,599
Debt finances 86.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€136,059
Cash flow
€109,545
Current ratio
0.93
Debt to equity
6.63
ROE
-1.9%
ROA
-0.3%
Interest coverage
5.13
Debt ≤ 1 year
€185,477
Debt > 1 year
€666,122

Peer companies

Historical observation

Of the 441 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
1.6% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 441 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€980,122
Fixed assets21/28€806,908
Tangible fixed assets22/27€806,908
Land and buildings22€803,752
Furniture and vehicles24€3,156
Current assets29/58€173,215
Amounts receivable within one year40/41€38,638
Other amounts receivable41€38,638
Cash at bank and in hand54/58€134,537
Deferred charges and accrued income490/1€39
Equity and liabilities
Total equity and liabilities10/49€980,122
Equity10/15€128,524
Contributions10/11€131,000
Profit (loss) carried forward14-€2,476
Amounts payable17/49€851,599
Amounts payable after more than one year17€666,122
Financial debts170/4€666,122
Amounts payable within one year42/48€185,477
Current portion of amounts payable after more than one year42€41,163
Financial debts43€55
Credit institutions430/8€55
Trade debts44€85,041
Suppliers440/4€85,041
Taxes, remuneration and social security45€6,505
Taxes450/3€6,505
Other amounts payable47/48€52,712
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112,022
Other operating charges640/8€6,009
Gross operating margin9900€142,067
Operating profit (loss)9901€24,037
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€26,514
Recurring financial charges65€26,514
Profit (loss) for the period before taxes9903-€2,476
Profit (loss) for the period9904-€2,476
Profit (loss) for the period to be appropriated9905-€2,476
Appropriation of the result
Profit (loss) to be appropriated9906-€2,476

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112,022
Other operating charges640/8€6,009
Gross operating margin9900€142,067
Operating profit (loss)9901€24,037
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€26,514
Recurring financial charges65€26,514
Profit (loss) for the period before taxes9903-€2,476
Profit (loss) for the period9904-€2,476
Profit (loss) for the period to be appropriated9905-€2,476
Line2025
Assets
Total assets20/58€980,122
Fixed assets21/28€806,908
Tangible fixed assets22/27€806,908
Land and buildings22€803,752
Furniture and vehicles24€3,156
Current assets29/58€173,215
Amounts receivable within one year40/41€38,638
Other amounts receivable41€38,638
Cash at bank and in hand54/58€134,537
Deferred charges and accrued income490/1€39
Equity and liabilities
Total equity and liabilities10/49€980,122
Equity10/15€128,524
Contributions10/11€131,000
Profit (loss) carried forward14-€2,476
Amounts payable17/49€851,599
Amounts payable after more than one year17€666,122
Financial debts170/4€666,122
Amounts payable within one year42/48€185,477
Current portion of amounts payable after more than one year42€41,163
Financial debts43€55
Credit institutions430/8€55
Trade debts44€85,041
Suppliers440/4€85,041
Taxes, remuneration and social security45€6,505
Taxes450/3€6,505
Other amounts payable47/48€52,712
Line2025
Profit (loss) for the period9904-€2,476
+ Depreciation and write-downs630€112,022
Operating cash flow (approximation)€109,545

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Ieper · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
830 m²
Building footprint
113 m²
Volume, LiDAR
594 m³
Parcel 33306A0485/00T002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VDB IMMO
Wagenmakerijstraat 14, 8900 IeperFinancial service activities, except insurance and pension funding
since 20232.360.243.491
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33306A0485/00T002 Flanders 830 m² 1 · 112 m² 7.7 m · 2 fl.
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded27-11-2023
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002684347
Also 9925:BE1002684347
Registered 10-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.