VDB & PARTNERS
ActiveVDB & PARTNERS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €7k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+60
Solvency68▲+14
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.9 in 2024; short-term debt: 57.1% and cash: 12% of total assets), and 57.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
42.9%
Return on assets
10.7%
Age of the figures
9 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
1819202122232425
2018 to 2025 · latest year €28k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
66 d early
2023
26 d late
2022
97 d early
2021
32 d early
2020
50 d early
2019
37 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▲ 33.0%
2024 · €21k
2018: €27k
2019: €50k
2020: €50k
2021: €64k
2022: €51k
2023: €25k
2024: €21k
2018 → 2025
Total assets
€65k▼ 11.5%
2024 · €73k
2018: €70k
2019: €91k
2020: €83k
2021: €89k
2022: €117k
2023: €96k
2024: €73k
2018 → 2025
Net result
€7k
2024 · €-4k
2018: €-12k
2019: €23k
2020: €-27
2021: €14k
2022: €-14k
2023: €-26k
2024: €-4k
2018 → 2025
Working capital
€-9k▼ 94.0%
2024 · €-4k
2018: €26k
2019: €59k
2020: €57k
2021: €64k
2022: €32k
2023: €-9k
2024: €-4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€51k▼ 21.3%€25k▼ 51.2%€21k▼ 15.1%€28k▲ 33.0%
Operating result€20k-€-19k€-24k▼ 22.9%€-2k▲ 92.5%€8k
Net result€14k-€-14k€-26k▼ 89.4%€-4k▲ 85.6%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €8k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€36k▲ 3.5%
Current assets
€29k▼ 25.3%
Equity and liabilities €65k
Equity
€28k▲ 33.0%
Debt
€37k▼ 29.3%
The debt ratio falls from 71.4% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €4k
Cash flow
€13k▲
2024 · €2k
Solvency
42.9%▲
2024 · 28.6%
Current ratio
0.77▼
2024 · 0.90
Quick ratio
0.77▼
2024 · 0.90
Debt / equity
1.33▼
2024 · 2.50
ROE
24.8%▲
2024 · -17.8%
ROA
10.7%▲
2024 · -5.1%
Interest coverage
6.21▲
2024 · 1.14
Debt
€37k▼
2024 · €52k
Debt ≤ 1 year
€37k▼
2024 · €43k
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€73k€65k▼
Fixed assets21/28€35k€36k▲
Tangible fixed assets22/27€35k€36k▲
Plant, machinery and equipment23€745€381▼
Other tangible fixed assets26€34k€36k▲
Current assets29/58€38k€29k▼
Amounts receivable within one year40/41€29k€21k▼
Trade receivables40€17k€21k▲
Other amounts receivable41€12k-
Cash at bank and in hand54/58€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€73k€65k▼
Equity10/15€21k€28k▲
Contributions10/11€6k€6k=
Reserves13€23k€23k=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-8k€-1k▲
Amounts payable17/49€52k€37k▼
Amounts payable within one year42/48€43k€37k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Advances received on contracts in progress46€13k€23k▲
Taxes, remuneration and social security45€11k€1k▼
Taxes450/3€11k€1k▼
Other amounts payable47/48€8k€6k▼
Accrued charges and deferred income492/3€10k-
Income statement
Code20242025
Remuneration, social security and pensions62€23k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€341€5k▲
Gross operating margin9900€27k€20k▼
Operating profit (loss)9901€-2k€8k▲
Financial income75/76B€2k€869▼
Recurring financial income75€2k€869▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€-4k€7k▲
Profit (loss) for the period9904€-4k€7k▲
Profit (loss) for the period to be appropriated9905€-4k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-1k▲
Profit (loss) brought forward from the previous period14P€-4k€-8k▼
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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Martens-Latem · 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.
Moeistraat 239830 Sint-Martens-LatemGround area
1,516 m²
Building footprint
494 m²
Volume, LiDAR
779 m³
2 parcels, Flanders · tallest building 13.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Century 21 Woonkantoor
since 20132.218.078.214
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0727/00K000 | Flanders | 947 m² | 1 · 227 m² | 13.1 m · 1 fl. |
| 44808H0258/00E003 | Flanders | 570 m² | 1 · 267 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,908. 4,309 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2005
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.