VDB Solid
ActiveSummary
VDB Solid has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,119 and a net result of €5,507. Equity is growing by ~9.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Financials · fiscal year 2025, abbreviated schema
2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 4,106 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 4,106 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | = |
| Other operating charges640/8 | - | - | €7,070 | €6,673 | €7,200 | €7,573 | €7,824 | ▲ 3.3% |
| Gross operating margin9900 | €46,379 | €46,633 | €46,156 | €45,936 | €44,267 | €44,672 | €45,876 | ▲ 2.7% |
| Operating profit (loss)9901 | €18,694 | €18,441 | €17,769 | €17,945 | €15,750 | €15,783 | €16,735 | ▲ 6.0% |
| Financial charges65/66B | - | - | €10,483 | €10,291 | €9,679 | €9,567 | €9,123 | ▼ 4.6% |
| Recurring financial charges65 | €12,797 | €12,227 | €10,483 | €10,291 | €9,679 | €9,567 | €9,123 | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | €5,897 | €6,214 | €7,285 | €7,654 | €6,070 | €6,215 | €7,613 | ▲ 22.5% |
| Income taxes67/77 | €1,695 | €1,795 | €2,082 | €2,099 | €1,670 | €1,718 | €2,106 | ▲ 22.6% |
| Profit (loss) for the period9904 | €4,201 | €4,419 | €5,203 | €5,555 | €4,400 | €4,497 | €5,507 | ▲ 22.4% |
| Profit (loss) for the period to be appropriated9905 | €4,201 | €4,419 | €5,203 | €5,555 | €4,400 | €4,497 | €5,507 | ▲ 22.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €711,735 | €693,316 | €670,368 | €647,937 | €627,558 | €607,721 | €585,954 | ▼ 3.6% |
| Fixed assets21/28 | €705,743 | €684,426 | €663,109 | €641,792 | €620,475 | €599,158 | €577,841 | ▼ 3.6% |
| Tangible fixed assets22/27 | €705,743 | €684,426 | €663,109 | €641,792 | €620,475 | €599,158 | €577,841 | ▼ 3.6% |
| Land and buildings22 | - | - | €663,109 | €641,792 | €620,475 | €599,158 | €577,841 | ▼ 3.6% |
| Current assets29/58 | €5,992 | €8,890 | €7,260 | €6,145 | €7,083 | €8,563 | €8,114 | ▼ 5.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €370 | €332 | €45 | ▼ 86.4% |
| Other amounts receivable41 | - | - | - | - | €370 | €332 | €45 | ▼ 86.4% |
| Cash at bank and in hand54/58 | €2,093 | €3,343 | €1,553 | - | - | €1,371 | €907 | ▼ 33.8% |
| Deferred charges and accrued income490/1 | - | - | €5,706 | €6,145 | €6,713 | €6,860 | €7,161 | ▲ 4.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €711,735 | €693,316 | €670,368 | €647,937 | €627,558 | €607,721 | €585,954 | ▼ 3.6% |
| Equity10/15 | €36,537 | €40,957 | €46,160 | €51,715 | €56,115 | €60,613 | €66,119 | ▲ 9.1% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €16,537 | €20,957 | €26,160 | €31,715 | €36,115 | €40,613 | €46,119 | ▲ 13.6% |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | €24,160 | €29,715 | €36,115 | €40,613 | €46,119 | ▲ 13.6% |
| Amounts payable17/49 | €675,198 | €652,359 | €624,209 | €596,222 | €571,443 | €547,108 | €519,835 | ▼ 5.0% |
| Amounts payable after more than one year17 | €585,203 | €553,235 | €520,772 | €437,806 | €404,329 | €370,332 | €335,809 | ▼ 9.3% |
| Financial debts170/4 | - | - | €520,772 | €437,806 | €404,329 | €370,332 | €335,809 | ▼ 9.3% |
| Amounts payable within one year42/48 | €85,199 | €92,901 | €97,053 | €151,704 | €165,153 | €174,644 | €181,710 | ▲ 4.0% |
| Current portion of amounts payable after more than one year42 | - | - | €32,463 | €33,156 | €35,674 | €33,996 | €34,523 | ▲ 1.5% |
| Trade debts44 | €8,002 | €12,111 | €6,319 | €2,517 | €3,904 | €9,965 | €3,081 | ▼ 69.1% |
| Suppliers440/4 | - | - | €6,319 | €2,517 | €3,904 | €9,965 | €3,081 | ▼ 69.1% |
| Taxes, remuneration and social security45 | - | - | €4,076 | €2,204 | €3,650 | €2,130 | €2,231 | ▲ 4.7% |
| Taxes450/3 | - | - | €4,076 | €2,204 | €3,650 | €2,130 | €2,231 | ▲ 4.7% |
| Other amounts payable47/48 | - | - | €54,195 | €113,828 | €121,925 | €128,554 | €141,875 | ▲ 10.4% |
| Accrued charges and deferred income492/3 | - | - | €6,384 | €6,712 | €1,962 | €2,131 | €2,316 | ▲ 8.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,201 | €4,419 | €5,203 | €5,555 | €4,400 | €4,497 | €5,507 | ▲ 22.4% |
| + Depreciation and write-downs630 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | €21,317 | = |
| Operating cash flow (approximation) | €25,519 | €25,736 | €26,520 | €26,872 | €25,717 | €25,814 | €26,824 | ▲ 3.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,250 | -€1,789 | - | - | - | -€464 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.