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VDB TECHNIC SERVICES

Active
Private limited companyfounded 201312 yrs activeProostdijkstraat 1, 8630 Veurne, BelgiumKBO/BCE: BE 0538.722.162

VDB TECHNIC SERVICES has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148k and a net result of €45k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 1290 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+28
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.6 against 1.5 in 2024), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
51.6%
Return on assets
15.5%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 d late
2024
27 d late
2023
14 d late
2022
16 d late
2021
26 d late
2020
26 d late
2019
28 d late
← 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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€148k▲ 41.7%
2024 · €105k
2018: €81k 2019: €52k 2020: €98k 2021: €85k 2022: €61k 2023: €107k 2024: €105k
2018 → 2025
Total assets
€287k▼ 0.3%
2024 · €288k
2018: €124k 2019: €286k 2020: €364k 2021: €346k 2022: €355k 2023: €303k 2024: €288k
2018 → 2025
Net result
€45k▲ 66.8%
2024 · €27k
2018: €38k 2019: €-9k 2020: €46k 2021: €28k 2022: €37k 2023: €47k 2024: €27k
2018 → 2025
Working capital
€73k▲ 146%
2024 · €30k
2018: €72k 2019: €26k 2020: €55k 2021: €26k 2022: €-10k 2023: €28k 2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€85k-€61k▼ 28.4%€107k▲ 75.5%€105k▼ 2.0%€148k▲ 41.7%
Operating result€40k-€53k▲ 34.1%€66k▲ 25.0%€39k▼ 41.0%€60k▲ 52.9%
Net result€28k-€37k▲ 28.8%€47k▲ 27.6%€27k▼ 42.7%€45k▲ 66.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €40k€40kNet result 2021: €28k€28kOperating result 2022: €53k€53kNet result 2022: €37k€37kOperating result 2023: €66k€66kNet result 2023: €47k€47kOperating result 2024: €39k€39kNet result 2024: €27k€27kOperating result 2025: €60k€60kNet result 2025: €45k€45k20212022202320242025
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €287k
Fixed assets €187k▼ 6.6%
Current assets €101k▲ 14.1%
Equity and liabilities €287k
Equity €148k▲ 41.7%
Debt €139k▼ 24.3%
The debt ratio falls from 63.7% to 48.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€72k
2024 · €59k
Cash flow
€57k
2024 · €46k
Solvency
51.6%
2024 · 36.3%
Current ratio
3.60
2024 · 1.50
Quick ratio
3.60
2024 · 1.50
Debt / equity
0.94
2024 · 1.75
ROE
30.1%
2024 · 25.6%
ROA
15.5%
2024 · 9.3%
Interest coverage
18.72
2024 · 20.86
Debt
€139k
2024 · €184k
Debt ≤ 1 year
€28k
2024 · €59k
Debt > 1 year
€111k
2024 · €125k
Income taxes
€11k
2024 · €10k
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€288k€287k
Fixed assets21/28€200k€187k
Tangible fixed assets22/27€200k€187k
Land and buildings22€186k€181k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€10k€3k
Current assets29/58€88k€101k
Amounts receivable within one year40/41€25k€38k
Trade receivables40€21k€28k
Other amounts receivable41€3k€10k
Cash at bank and in hand54/58€61k€60k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€288k€287k
Equity10/15€105k€148k
Contributions10/11€20k€20k=
Reserves13€84k€128k
Distributable reserves133€84k€128k
Amounts payable17/49€184k€139k
Amounts payable after more than one year17€125k€111k
Financial debts170/4€125k€111k
Amounts payable within one year42/48€59k€28k
Current portion of amounts payable after more than one year42€14k€14k
Trade debts44€629€4k
Suppliers440/4€629€4k
Taxes, remuneration and social security45€10k€10k
Taxes450/3€10k€10k
Other amounts payable47/48€34k€1k
Income statement Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€12k
Other operating charges640/8€2k€3k
Gross operating margin9900€61k€74k
Operating profit (loss)9901€39k€60k
Financial income75/76B€15€8
Recurring financial income75€15€8
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€36k€56k
Income taxes67/77€10k€11k
Profit (loss) for the period9904€27k€45k
Profit (loss) for the period to be appropriated9905€27k€45k
Appropriation of the result
Profit (loss) to be appropriated9906€27k€45k
Transfer from equity791/2€4k-
Transfer to equity691/2€2k€44k
To other reserves6921€2k€44k
Profit to be distributed694/7€29k€1k
Return on contributions (dividend)694€29k-
Directors or managers695-€1k

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Liquidity doublescurrent ratio 3.60
Current ratio from 1.50 to 3.60; short-term debt falls from €59k to €28k.
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
14-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial Highest result since 2018net €47k ▲27.6%
Operating result €66k, net result €47k, both a record.
31-12
Financial Equity above €100kEq €107k ▲75.5%
4 profitable years in a row build equity to €107k.
16-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial Back to profitnet €46k
Net result €46k after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial Weakest financial yearnet €-9k ▼124%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2020
VANDENBUSSCHE Winibert
Director · since 01-01-2020
Current
01-01-2020 Appointed as Director
Location & real-estate footprint
Registered office, Veurne · 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.

Proostdijkstraat 18630 Veurne
Ground area
663 m²
Building footprint
134 m²
Volume, LiDAR
586 m³
Parcel 38025C0069/00W000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VDB TECHNIC SERVICES
Proostdijkstraat 1, 8630 VeurneRepair and maintenance of fabricated metal products
since 20132.222.184.678
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38025C0069/00W000 Flanders 663 m² 1 · 134 m² 7.3 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 876 companies in sector 33110 we hold annual accounts for 435. 336 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-09-2013
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
33130Repair, maintenance and installation of machinery and equipment
33140Repair and maintenance of electrical equipment
33190Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.