VDBN

Active

Private limited company (pre-2019)founded 201214 yrs activeRue de la Source 66, 6010 Charleroi, BelgiumKBO/BCE: BE 0847.889.470

VDBN has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €847. Equity is shrinking by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

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Checked score

Score 2025

35 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability52▲+14

Solvency0▼-8

Growth72=

Track record100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.73 against 0.29 in 2024; short-term debt: 137.6% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

-38.1%

Return on assets

5.6%

Age of the figures

9 mo

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 10310 sector peers (2025).

NBB · sector comparison

Position among 10310 sector peers

Solvency

better than 7%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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

28 d late

2024

7 d late

2023

7 d late

2022

1 d late

2021

18 d late

2020

153 d late

2019

91 d late

← before the deadline after the deadline →

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

19-09-2026 today31-12-2026 close31-07-2027 deadline

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, abbreviated schema

Turnover

€110k▲ 1,270%

2024 · €8k

2018: €1k 2019: €1k 2020: €295 2023: €2k 2024: €8k

2018 → 2025

EBIT margin

0.5%▲ 14.3pp

2024 · -13.7%

2018: -211.4% 2019: -221.4% 2020: -1063.5% 2023: -64.3% 2024: -13.7%

2018 → 2025

Net result

€847

2024 · €-1k

2018: €-3k 2019: €-3k 2020: €-3k 2021: €-3k 2022: €-2k 2023: €-1k 2024: €-1k

2018 → 2025

Working capital

€-6k▲ 82.2%

2024 · €-32k

2018: €-29k 2019: €-30k 2020: €-32k 2021: €-33k 2022: €-33k 2023: €-32k 2024: €-32k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€2k€8k▲ 305%€110k▲ 1,270%

Equity€-3k-€-4k▼ 66.2%€-5k▼ 30.4%€-7k▼ 20.2%€-6k▲ 12.9%

Operating result€-3k-€-2k▲ 35.8%€-1k▲ 23.7%€-1k▲ 13.4%€573

Net result€-3k-€-2k▲ 35.8%€-1k▲ 23.7%€-1k▲ 13.4%€847

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €573 after a loss of €1k in 2024, the highest result in the available series.

Key figures and ratios

2025 value · change against 2024

Solvency

-38.1%▼

2024 · -17.0%

Current ratio

0.73▲

2024 · 0.29

Quick ratio

0.20▲

2024 · 0.00

Debt / equity

-3.63▲

2024 · -6.88

ROA

5.6%▲

2024 · -2.9%

Debt

€21k▼

2024 · €45k

Debt ≤ 1 year

€21k▼

2024 · €45k

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€39k€15k▼

Fixed assets21/28€25k€0▼

Intangible fixed assets21-€0

Tangible fixed assets22/27€25k-

Land and buildings22€25k-

Current assets29/58€13k€15k▲

Stocks and contracts in progress3€13k€11k▼

Stocks30/36€13k€11k▼

Amounts receivable within one year40/41-€4k

Other amounts receivable41-€4k

Equity and liabilities

Total equity and liabilities10/49€39k€15k▼

Equity10/15€-7k€-6k▲

Contributions10/11€19k€19k=

Capital10-€19k

Issued capital100-€19k

Profit (loss) carried forward14€-25k€-24k▲

Amounts payable17/49€45k€21k▼

Amounts payable within one year42/48€45k€21k▼

Trade debts44-€4k

Suppliers440/4-€4k

Taxes, remuneration and social security45€132-

Taxes450/3€132-

Other amounts payable47/48€45k€17k▼

Accrued charges and deferred income492/3€66€67▲

Income statement Code20242025

Turnover70€8k€110k▲

Goods, raw materials, services and sundry goods60/61€6k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-

Other operating charges640/8€2k€400▼

Gross operating margin9900€2k€972▼

Operating profit (loss)9901€-1k€573▲

Financial income75/76B-€318

Recurring financial income75-€318

Financial charges65/66B-€44

Recurring financial charges65-€44

Profit (loss) for the period before taxes9903€-1k€847▲

Profit (loss) for the period9904€-1k€847▲

Profit (loss) for the period to be appropriated9905€-1k€847▲

Appropriation of the result

Profit (loss) to be appropriated9906€-25k€-24k▲

Profit (loss) brought forward from the previous period14P€-24k€-25k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 2Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 28 days late

2025

31-12

Financial Back to profitnet €847

Net result €847 after 7 loss-making years.

07-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 7 days late

2024

07-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 7 days late

2023

01-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 1 day late

2022

18-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 18 days late

2021

31-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 153 days late

2020

31-12

Financial Weakest financial yearnet €-3k

Net result drops to €-3k, the lowest in the series; recovery starts the following year.

30-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 91 days late

2019

26-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 57 days late

2018

16-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 16 days late

2017

22-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 22 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Charleroi · 1 establishment unit since 2012

establishment The establishment unit on the map

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.

Rue de la Source 666010 Charleroi

Ground area

381 m²

Building footprint

63 m²

Volume, LiDAR

480 m³

Parcel 52014B0462/00P100, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

VDBN

Rue de la Source 66, 6010 CharleroiWholesale trade

since 20122.212.003.935

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52014B0462/00P100	Wallonia	381 m²	1 · 63 m²	9.2 m · 3 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

Sint-Jans-Molenbeek · Eq €128

Adno

BE 0537.332.587

Diest · Eq €142

Of 2,444 companies in sector 47820 we hold annual accounts for 776. 13 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded07-08-2012

Fiscal year end31-12

Activities, NACEBEL

47820Retail sale of motor vehicle parts and accessories

95313Repair and fitting of specific motor vehicle parts

95315Tyre services

46869Wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.