VDC CONCEPT
ActiveSummary
VDC CONCEPT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,533 and a net result of -€5,334. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 73% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-6
Solvency94▲+22
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.93 against 1.75 in 2024; short-term debt: 31.3% and cash: 14.6% of total assets), and 31.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
68.7%
Return on assets
-34.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,334
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
31 d late
2023
92 d late
2022
127 d late
2021
30 d late
2020
23 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€10,533▼ 33.6%
2024 · €15,867
Total assets
€15,325▼ 54.6%
2024 · €33,769
Net result
-€5,334▼ 59.4%
2024 · -€3,346
Working capital
€9,251▼ 31.1%
2024 · €13,431
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,576▲ 466%€165▼ 97.0%-€751-€3,121▼ 316%-€5,128▼ 64.3%
Net result€4,630▲ 418%-€4-€1,058▼ 29,611%-€3,346▼ 216%-€5,334▼ 59.4%
Equity€20,275▲ 29.6%€20,271=€19,213▼ 5.2%€15,867▼ 17.4%€10,533▼ 33.6%
Total assets€27,384▲ 29.5%€28,807▲ 5.2%€22,206▼ 22.9%€33,769▲ 52.1%€15,325▼ 54.6%
Debt€7,109▲ 29.1%€8,536▲ 20.1%€2,993▼ 64.9%€17,903▲ 498%€4,792▼ 73.2%
Working capital€20,055▲ 30.0%€20,051=€18,993▼ 5.3%€13,431▼ 29.3%€9,251▼ 31.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,128 in 2025 against €3,121 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,325
Fixed assets
€1,282 ▼ 47.4%
Current assets
€14,042 ▼ 55.2%
Equity and liabilities €15,325
Equity
€10,533 ▼ 33.6%
Debt
€4,792 ▼ 73.2%
Debt's share of the balance-sheet total falls from 53.0% to 31.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€3,975▼
2024 · -€3,029
Cash flow
-€4,180▼
2024 · -€3,255
Current ratio
2.93▲
2024 · 1.75
Debt to equity
0.45▼
2024 · 1.13
ROE
-50.6%▼
2024 · -21.1%
ROA
-34.8%▼
2024 · -9.9%
Interest coverage
-19.33▼
2024 · -13.42
Debt ≤ 1 year
€4,792▼
2024 · €17,903
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €91 | €1,154 | ▲ 1,162% |
| Other operating charges640/8 | €483 | €93 | €664 | €544 | €1,803 | ▲ 232% |
| Gross operating margin9900 | €6,058 | €258 | -€87 | -€2,486 | -€2,171 | ▲ 12.6% |
| Operating profit (loss)9901 | €5,576 | €165 | -€751 | -€3,121 | -€5,128 | ▼ 64.3% |
| Financial income75/76B | - | - | €150 | - | - | - |
| Recurring financial income75 | - | - | €150 | - | - | - |
| Financial charges65/66B | €125 | €169 | €457 | €226 | €206 | ▼ 8.9% |
| Recurring financial charges65 | €125 | €169 | €457 | €226 | €206 | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €5,451 | -€4 | -€1,058 | -€3,346 | -€5,334 | ▼ 59.4% |
| Income taxes67/77 | €821 | - | - | - | - | - |
| Profit (loss) for the period9904 | €4,630 | -€4 | -€1,058 | -€3,346 | -€5,334 | ▼ 59.4% |
| Profit (loss) for the period to be appropriated9905 | €4,630 | -€4 | -€1,058 | -€3,346 | -€5,334 | ▼ 59.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,384 | €28,807 | €22,206 | €33,769 | €15,325 | ▼ 54.6% |
| Fixed assets21/28 | €220 | €220 | €220 | €2,436 | €1,282 | ▼ 47.4% |
| Tangible fixed assets22/27 | - | - | - | €2,216 | €1,062 | ▼ 52.1% |
| Furniture and vehicles24 | - | - | - | €2,216 | €1,062 | ▼ 52.1% |
| Financial fixed assets28 | €220 | €220 | €220 | €220 | €220 | = |
| Current assets29/58 | €27,164 | €28,587 | €21,986 | €31,334 | €14,042 | ▼ 55.2% |
| Amounts receivable within one year40/41 | €20,837 | €24,697 | €19,983 | €26,701 | €11,807 | ▼ 55.8% |
| Trade receivables40 | €16,844 | €21,477 | €19,983 | €25,131 | €10,360 | ▼ 58.8% |
| Other amounts receivable41 | €3,993 | €3,220 | - | €1,570 | €1,447 | ▼ 7.9% |
| Cash at bank and in hand54/58 | €6,169 | €3,472 | €1,562 | €4,160 | €2,235 | ▼ 46.3% |
| Deferred charges and accrued income490/1 | €158 | €418 | €442 | €472 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,384 | €28,807 | €22,206 | €33,769 | €15,325 | ▼ 54.6% |
| Equity10/15 | €20,275 | €20,271 | €19,213 | €15,867 | €10,533 | ▼ 33.6% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €645 | €645 | €645 | €645 | €645 | = |
| Non-distributable reserves130/1 | €645 | €645 | €645 | €645 | €645 | = |
| Reserves not available under the articles1311 | €645 | €645 | €645 | €645 | €645 | = |
| Profit (loss) carried forward14 | €13,429 | €13,426 | €12,368 | €9,022 | €3,688 | ▼ 59.1% |
| Amounts payable17/49 | €7,109 | €8,536 | €2,993 | €17,903 | €4,792 | ▼ 73.2% |
| Amounts payable within one year42/48 | €7,109 | €8,536 | €2,993 | €17,903 | €4,792 | ▼ 73.2% |
| Trade debts44 | €2,557 | €3,920 | €389 | €10,895 | €1,822 | ▼ 83.3% |
| Suppliers440/4 | €2,557 | €3,920 | €389 | €10,895 | €1,822 | ▼ 83.3% |
| Taxes, remuneration and social security45 | €4,338 | €4,403 | €1,309 | €3,900 | €1,372 | ▼ 64.8% |
| Taxes450/3 | €2,648 | €1,066 | €561 | €1,442 | €1,372 | ▼ 4.9% |
| Remuneration and social security454/9 | €1,690 | €3,337 | €748 | €2,458 | €0 | ▼ 100% |
| Other amounts payable47/48 | €214 | €214 | €1,296 | €3,108 | €1,598 | ▼ 48.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,630 | -€4 | -€1,058 | -€3,346 | -€5,334 | ▼ 59.4% |
| + Depreciation and write-downs630 | - | - | - | €91 | €1,154 | ▲ 1,162% |
| Operating cash flow (approximation) | €4,630 | -€4 | -€1,058 | -€3,255 | -€4,180 | ▼ 28.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,307 | €0 | ▲ 100% |
| Change in cash | - | -€2,697 | -€1,910 | €2,598 | -€1,925 | ▼ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€5,334
Net result drops to -€5,334, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.35
Current ratio from 3.35 to 7.35; short-term debt falls from €8,536 to €2,993.
05-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 127 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €4,630 ▲418%
Operating result €5,576, net result €4,630, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Braine-l'Alleud · 1 establishment unit since 2015
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.
Av Alph Allard 4001420 Braine-l'Alleud1 establishment unit
VDC Concept
since 20152.243.518.542
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 1,533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42911Civil engineering
43910Bricklaying and masonry work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0632722189
Registered
30-01-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.