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VDBR PROJECTS

Active
Private limited companyfounded 2025active for 1 yearDiepestraat 133, 2060 Antwerpen, BelgiumKBO/BCE: BE 1022.499.863
Summary

VDBR PROJECTS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,857 and a net result of €6,857. Its solvency ranks better than 77% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 17-04-2025 Normal situation
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.372.761.144 2060 Antwerpen, since 17-04-2025
Financial year end
31 December
Peppol
Reachable since 22-08-2025

Board and ownership

Board
  • De Buyser Reyes VictorDirector · since 17-04-2025

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€9,112
Turnover
≈ €38,000
estimated
Profit
€6,857
Equity
€11,857
Total assets
€17,861
Score breakdownraises riskSize: total assets €17,861Founded in 2025lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 2.97, cash €9,922Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of micro companies in real estate (NACE 68)
Financial strength
Strong
Solvency 91
equity 66.4% of total assets
Liquidity 85
short-term debt 33.6% · cash 55.5%
Profitability 100
return on assets 38.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 05-2026: 0.7% 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.7 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.97, above the usual 1.5. Short-term debt is 33.6% and cash 55.5% of total assets. 33.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 75% of them on solvency, 89% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 2.97, cash €9,922
NBB · annual accounts
raises risk · Size: total assets €17,861
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
53 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 08-06-2026 at the NBB

Turnover
≈ €38,000
Estimated: probably between €19,000 and €120,000
Total assets
€17,861
Net result
€6,857
Working capital
€11,857

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

Balance-sheet composition
Equity and liabilities €17,861
Equity €11,857
Debt €6,004
Debt's share of the balance-sheet total is 33.6%.
Key figures and ratios
2025 value
Current ratio
2.97
Debt to equity
0.51
ROE
57.8%
ROA
38.4%
Debt ≤ 1 year
€6,004
Income taxes
€2,111
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€17,861
Current assets29/58€17,861
Amounts receivable within one year40/41€6,956
Trade receivables40€6,956
Cash at bank and in hand54/58€9,922
Deferred charges and accrued income490/1€983
Equity and liabilities
Total equity and liabilities10/49€17,861
Equity10/15€11,857
Contributions10/11€5,000
Reserves13€6,857
Distributable reserves133€6,857
Amounts payable17/49€6,004
Amounts payable within one year42/48€6,004
Trade debts44€1,649
Suppliers440/4€1,649
Taxes, remuneration and social security45€4,306
Taxes450/3€4,306
Other amounts payable47/48€50
Income statement Code2025
Other operating charges640/8€50
Gross operating margin9900€9,112
Operating profit (loss)9901€9,062
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€8,968
Income taxes67/77€2,111
Profit (loss) for the period9904€6,857
Profit (loss) for the period to be appropriated9905€6,857
Appropriation of the result
Profit (loss) to be appropriated9906€6,857
Transfer to equity691/2€6,857
To other reserves6921€6,857

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 08-06-2026.

Line2025
Other operating charges640/8€50
Gross operating margin9900€9,112
Operating profit (loss)9901€9,062
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€8,968
Income taxes67/77€2,111
Profit (loss) for the period9904€6,857
Profit (loss) for the period to be appropriated9905€6,857
Line2025
Assets
Total assets20/58€17,861
Current assets29/58€17,861
Amounts receivable within one year40/41€6,956
Trade receivables40€6,956
Cash at bank and in hand54/58€9,922
Deferred charges and accrued income490/1€983
Equity and liabilities
Total equity and liabilities10/49€17,861
Equity10/15€11,857
Contributions10/11€5,000
Reserves13€6,857
Distributable reserves133€6,857
Amounts payable17/49€6,004
Amounts payable within one year42/48€6,004
Trade debts44€1,649
Suppliers440/4€1,649
Taxes, remuneration and social security45€4,306
Taxes450/3€4,306
Other amounts payable47/48€50
Line2025
Profit (loss) for the period9904€6,857
Operating cash flow (approximation)€6,857

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as VDBR PROJECTS has now. Two years later, 0.7% had gone bankrupt and 96.6% were 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% was still going

That fits the bankruptcy probability of VDBR PROJECTS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for VDBR PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 08-06-2026 2026-00143345 PDF

Board & ownership

Directors

Directors
1 director, no change since 2025
De Buyser Reyes Victor
Director · since 17-04-2025 · listed in the 2025 annual accounts, filed on 08-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 22-04-2025

Owners and capital

Shareholders

At incorporation act of 22-04-2025 ↗

Capital transactions

Capital over time
  1. 22-04-2025 Incorporation · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
De Buyser Reyes Victor
  • Director, from 17-04-2025 to date
DE BUYSER Victor Emmanuel Julien
  • Director (not named in the articles), appointed in the act of 22-04-2025, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 22-04-2025 (in Dutch)

Network & group

VDBR PROJECTS shares no director with another company.

Companies at the same address

1 other company

Connections & network

1 current director
Depth

The network starts from the directors of VDBR PROJECTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
08-06
NBB filing Annual accounts 2025 filedNBB
micro format · 53 days before the deadline
2025
22-04
Gazette deed Incorporation
Appointment: DE BUYSER Victor Emmanuel Julien (director) · Founder · Founding capital9 points ▸
  • Incorporation, “VDBR Projects” (deed in Dutch)
  • Founder, DE BUYSER Victor Emmanuel Julien
  • Founding capital
  • Share issue, 100, “inbrengen” (deed in Dutch)
  • Registered office clause, “2060 Antwerpen,Diepestraat 133” (deed in Dutch)
  • Board rule, 1, “comparant” (deed in Dutch)
  • Director appointment, DE BUYSER Victor Emmanuel Julien (director (not named in the articles))
  • Other provision, “verbodsverklaring, uitoefenen van deze functie hem niet verboden werd” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en alle verplichtingen die eruit voortvloeien,en alle activiteiten in naam en voor rekening van de vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name VDBR PROJECTS in Dutch
Enterprise number 1022.499.863
Legal form Private limited company
Status Active, normale toestand
Founded 17-04-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-04-2025 (in Dutch)
Name clauseThe company operates under this name according to its articles.
VDBR Projects
deed of 22-04-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 22-04-2025 (in Dutch)

Registered office and establishments

Registered office Diepestraat 133, 2060 Antwerpen, Belgium
Establishment unit VDBR PROJECTS, Diepestraat 133, 2060 Antwerpen since 17-04-2025 · unit number 2.372.761.144

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Projectontwikkeling voor nieuwbouw en/of renovatie van individuele woningen,appartementen,kantoorgebouwen,alsook de aanleg of renovatie van…”
14 activities
  1. Projectontwikkeling voor nieuwbouw en/of renovatie van individuele woningen,appartementen,kantoorgebouwen,alsook de aanleg of renovatie van stadswijken,commerciële en/of industriële centra,industriezones en markten,…
  2. De ontwikkeling van residentiële en/of niet-residentiële bouwprojecten;
  3. Het leveren van algemene coördinatiewerkzaamheden van bouwwerven;
  4. Het uitvoeren van studies en verlenen van advies aan bouwheren en opdrachtgevers in verband met bouwen en verbouwen,alsook het berekenen van het aantal meters van bouwwerken,activiteiten van bouweconomisten,het uitwerken en opvolgen van offertes met betrekking tot bouwwerken;
  5. De organisatie van congressen en beurzen;
  6. Overige zakelijke dienstverlening,waaronder ook verlenen van coaching en therapie.
  7. De aankoop,verkoop,verhuur,oprichting en beheer van eigen onroerende goederen.
  8. Het beheer van een eigen roerend en onroerend vermogen:
  9. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
  10. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
  11. Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.
  12. Het besturen en leiden van vennootschappen,ondernemingen en verenigingen,en daartoe het uitoefenen van mandaten van bestuurder,zaakvoerder,beheerder;
  13. De vennootschap kan daartoe samenwerken met,deelnemen in,op gelijk welke wijze,belangen nemen in ondernemingen van allerlei aard,alle verbintenissen aangaan,kredieten en leningen toestaan.
  14. Zij mag alles doen wat verband houdt met het bovengenoemde voorwerp of wat kan bijdragen tot de realisatie ervan.
deed of 22-04-2025 (in Dutch)

Invoicing and payment

VAT number BE 1022.499.863
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1022499863
Registered 22-08-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 20:00
deed of 22-04-2025 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
142 m²
Building footprint
61 m²
Cadastral parcel Region Area Buildings Height / floors
11805E0483/00S008 Flanders 142 m² 1 · 61 m² -