Financials
- Fiscal year
- 2025
- Total assets
- €6.8m
- Loss
- -€274,035
- Solvency
- -5.4%
Total assets▼ 5.5%
Net result
20182025
Vdb Shipping
ActiveSummary
Vdb Shipping has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€363,097) and a net result of -€274,035. Equity is shrinking by ~32.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 1050 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Warehousing and support activities for transportation
NACE 52220Telecommunications resale and intermediation services NACE 61200
#5 company by total assets in Dendermonde, Transport and storage sector1 site
How big
€6.8mtotal assets 2025
- Equity
- -€363,097
- Loss
- -€274,035
Turnover not published (abridged schema)
Who decides
- Largest shareholder
- DESBO BRANDSTOFFEN · 32%
Accounts filed 31 d late0 of 6 deeds read
Why 42- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equity+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability32▲+4
Solvency20▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.1 in 2024; short-term debt: 45.2% and cash: 1.3% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-5.4%
Return on assets
-4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€363,097
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
55 d early
2022
21 d early
2021
29 d late
2020
31 d late
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 August (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€274,035
- Annual accounts filedfiscal year 2024 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€363,097 View
- Caution: Equity fell in 2025from -€89,062 to -€363,097 ▼ 308% View
- Caution: Among the weakest 5% on net resultsector median €11,177 · 1,049 companies -€274,035 View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€274,035 View
- Active since 1976founded 30-08-1976 50 years View
By topic
Board & ownership
- Largest shareholder
- DESBO BRANDSTOFFEN · 32%
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 29-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Warehousing and support activities for transportationNACE 52220
- Founded
- 30-08-1976
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.