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VDB SERVICES

Active
Private limited companyfounded 2025active for 1 yearChasse Gros Pierre(T) 2, 7333 Saint-Ghislain, BelgiumKBO/BCE: BE 1024.985.637

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

VDB SERVICES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,628 and a net result of €61,628. Its solvency ranks better than 90% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
22-06-2026
Format
micro format
Reference
2026-00190037
Turnover
≈ €310,000
Estimated: probably between €210,000 and €510,000
Total assets
€74,892
Net result
€61,628
Working capital
€59,645

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €74,892
Fixed assets €3,982
Current assets €70,910
Equity and liabilities €74,892
Equity €63,628
Debt €11,265
Debt finances 15.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€83,887
Cash flow
€63,010
Current ratio
6.29
Debt to equity
0.18
ROE
96.9%
ROA
82.3%
Interest coverage
over 100
Debt ≤ 1 year
€11,265
Income taxes
€21,485
Staff costs
€783

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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 · 42 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 22-06-2026.

Balance sheet Code2025
Assets
Total assets20/58€74,892
Fixed assets21/28€3,982
Tangible fixed assets22/27€3,982
Furniture and vehicles24€1,565
Other tangible fixed assets26€2,417
Current assets29/58€70,910
Amounts receivable after more than one year29€29,022
Other amounts receivable291€29,022
Amounts receivable within one year40/41€26,165
Trade receivables40€16,893
Other amounts receivable41€9,272
Cash at bank and in hand54/58€15,216
Deferred charges and accrued income490/1€507
Equity and liabilities
Total equity and liabilities10/49€74,892
Equity10/15€63,628
Contributions10/11€2,000
Reserves13€61,628
Distributable reserves133€61,628
Amounts payable17/49€11,265
Amounts payable within one year42/48€11,265
Trade debts44€4,178
Suppliers440/4€4,178
Advances received on contracts in progress46€4,916
Taxes, remuneration and social security45€2,171
Taxes450/3€1,614
Remuneration and social security454/9€557
Income statement Code2025
Remuneration, social security and pensions62€783
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,383
Other operating charges640/8€887
Gross operating margin9900€85,557
Operating profit (loss)9901€82,504
Financial income75/76B€828
Recurring financial income75€828
Financial charges65/66B€220
Recurring financial charges65€220
Profit (loss) for the period before taxes9903€83,112
Income taxes67/77€21,485
Profit (loss) for the period9904€61,628
Profit (loss) for the period to be appropriated9905€61,628
Appropriation of the result
Profit (loss) to be appropriated9906€61,628
Transfer to equity691/2€61,628
To other reserves6921€61,628

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Remuneration, social security and pensions62€783
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,383
Other operating charges640/8€887
Gross operating margin9900€85,557
Operating profit (loss)9901€82,504
Financial income75/76B€828
Recurring financial income75€828
Financial charges65/66B€220
Recurring financial charges65€220
Profit (loss) for the period before taxes9903€83,112
Income taxes67/77€21,485
Profit (loss) for the period9904€61,628
Profit (loss) for the period to be appropriated9905€61,628
Line2025
Assets
Total assets20/58€74,892
Fixed assets21/28€3,982
Tangible fixed assets22/27€3,982
Furniture and vehicles24€1,565
Other tangible fixed assets26€2,417
Current assets29/58€70,910
Amounts receivable after more than one year29€29,022
Other amounts receivable291€29,022
Amounts receivable within one year40/41€26,165
Trade receivables40€16,893
Other amounts receivable41€9,272
Cash at bank and in hand54/58€15,216
Deferred charges and accrued income490/1€507
Equity and liabilities
Total equity and liabilities10/49€74,892
Equity10/15€63,628
Contributions10/11€2,000
Reserves13€61,628
Distributable reserves133€61,628
Amounts payable17/49€11,265
Amounts payable within one year42/48€11,265
Trade debts44€4,178
Suppliers440/4€4,178
Advances received on contracts in progress46€4,916
Taxes, remuneration and social security45€2,171
Taxes450/3€1,614
Remuneration and social security454/9€557
Line2025
Profit (loss) for the period9904€61,628
+ Depreciation and write-downs630€1,383
Operating cash flow (approximation)€63,010

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 22-06-2026 2026-00190037 NBB

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,553. 8,911 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.