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VDC

Active
Private limited companyfounded 200421 yrs activeIndustrielaan 17, 9660 Brakel, BelgiumKBO/BCE: BE 0870.897.177

VDC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €477k and a net result of €121k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 907 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+99
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 16.67 against 4.89 in 2024), and 5.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
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 21 years 0 30 y
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
94.4%
Return on assets
23.9%
Age of the figures
15 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €477k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
49 d early
2023
on the day
2022
11 d early
2021
42 d early
2020
41 d early
2019
44 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close15-09-2026 today31-01-2027 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, abbreviated schema

Equity
€477k▲ 34.0%
2024 · €356k
2019: €503k 2020: €560k 2021: €637k 2022: €521k 2023: €356k 2024: €356k
2019 → 2025
Total assets
€506k▲ 19.7%
2024 · €423k
2019: €1.01M 2020: €969k 2021: €1.15M 2022: €702k 2023: €392k 2024: €423k
2019 → 2025
Net result
€121k▲ 14,723%
2024 · €817
2019: €40k 2020: €58k 2021: €76k 2022: €-116k 2023: €-166k 2024: €817
2019 → 2025
Working capital
€445k▲ 72.6%
2024 · €258k
2019: €-109k 2020: €-293k 2021: €-160k 2022: €-9k 2023: €129k 2024: €258k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€637k-€521k▼ 18.2%€356k▼ 31.8%€356k▲ 0.2%€477k▲ 34.0%
Operating result€99k-€-115k€-165k▼ 44.0%€902€121k▲ 13,332%
Net result€76k-€-116k€-166k▼ 43.4%€817€121k▲ 14,723%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €99k€99kNet result 2021: €76k€76kOperating result 2022: €-115k€-115kNet result 2022: €-116k€-116kOperating result 2023: €-165k€-165kNet result 2023: €-166k€-166kOperating result 2024: €902€902Net result 2024: €817€817Operating result 2025: €121k€121kNet result 2025: €121k€121k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13,332% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets €33k▼ 66.9%
Current assets €473k▲ 46.1%
Equity and liabilities €506k
Equity €477k▲ 34.0%
Debt €28k▼ 57.1%
The debt ratio falls from 15.7% to 5.6%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€187k
2024 · €150k
Cash flow
€187k
2024 · €150k
Solvency
94.4%
2024 · 84.3%
Current ratio
16.67
2024 · 4.89
Quick ratio
16.67
2024 · 4.89
Debt / equity
0.06
2024 · 0.19
ROE
25.4%
2024 · 0.2%
ROA
23.9%
2024 · 0.2%
Interest coverage
1761.10
2024 · 1755.09
Debt
€28k
2024 · €66k
Debt ≤ 1 year
€28k
2024 · €66k
Staff costs
€322k
2024 · €226k
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€423k€506k
Fixed assets21/28€99k€33k
Tangible fixed assets22/27€98k€32k
Plant, machinery and equipment23-€130
Furniture and vehicles24€98k€32k
Financial fixed assets28€270€270=
Current assets29/58€324k€473k
Amounts receivable within one year40/41€307k€351k
Trade receivables40€306k€350k
Other amounts receivable41€1k€1k
Cash at bank and in hand54/58€16k€120k
Deferred charges and accrued income490/1€499€2k
Equity and liabilities
Total equity and liabilities10/49€423k€506k
Equity10/15€356k€477k
Contributions10/11€62k€62k=
Reserves13€295k€416k
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k-
Own shares acquired1312-€6k
Tax-exempt reserves132€19k€19k=
Distributable reserves133€270k€391k
Amounts payable17/49€66k€28k
Amounts payable within one year42/48€66k€28k
Trade debts44€54k€18k
Suppliers440/4€54k€18k
Taxes, remuneration and social security45€12k€10k
Taxes450/3€2k€4k
Remuneration and social security454/9€10k€7k
Other amounts payable47/48€150€150=
Accrued charges and deferred income492/3-€43
Income statement Code20242025
Remuneration, social security and pensions62€226k€322k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€149k€66k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A-€250
Gross operating margin9900€378k€511k
Operating profit (loss)9901€902€121k
Financial income75/76B€1€72
Recurring financial income75€1€72
Financial charges65/66B€86€106
Recurring financial charges65€86€106
Profit (loss) for the period before taxes9903€817€121k
Income taxes67/77€0-
Profit (loss) for the period9904€817€121k
Profit (loss) for the period to be appropriated9905€817€121k
Appropriation of the result
Profit (loss) to be appropriated9906€817€121k
Transfer to equity691/2€817€121k
To other reserves6921€817€121k
Social balance
Average headcount (FTE)90876.17.6

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
27-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Highest result since 2019net €121k ▲14723%
Operating result €121k, net result €121k, both a record.
30-06
Financial Liquidity triplescurrent ratio 16.67
Current ratio from 4.89 to 16.67; short-term debt falls from €66k to €28k.
2024
13-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial Back to profitnet €817
Net result €817 after 2 loss-making years.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Weakest financial yearnet €-166k
Net result drops to €-166k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity times 5current ratio 4.57
Current ratio from 0.95 to 4.57; short-term debt falls from €181k to €36k.
20-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
18-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
05-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Brakel · 1 establishment unit since 2006
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.

Industrielaan 179660 Brakel
Ground area
5,901 m²
Building footprint
1,121 m²
Volume, LiDAR
6,350 m³
Parcel 45034C0873/00G000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDC
Industrielaan 17, 9660 BrakelNACE 45500
since 20062.151.313.609
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45034C0873/00G000 Flanders 5,900 m² 1 · 1,121 m² 8.9 m · 2 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 94 EUR awarded · 94 EUR paid
Year Entries awardedpaid
2025 1 94 EUR94 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 94 EUR · 94 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,239 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-12-2004
Fiscal year end30-06
Activities, NACEBEL
45500
49410Freight transport by road
77320Rental and leasing activities
43990Other specialised construction activities
43999Specialised construction activities
71310
71320
77310Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.