Summary
VDC INVEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €9.64M and a net result of €153k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 67% of 6156 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
60 d late
2021
60 d late
2020
27 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€9.64M▼ 1.4%
2023 · €9.77M
2018: €10.59M
2019: €10.48M
2020: €10.15M
2021: €9.96M
2022: €9.87M
2023: €9.77M
2018 → 2024
Net result
€153k▼ 7.8%
2023 · €166k
2018: €244k
2019: €170k
2020: €102k
2021: €170k
2022: €171k
2023: €166k
2018 → 2024
Total assets
€13.85M▲ 0.4%
2023 · €13.79M
2018: €14.47M
2019: €14.61M
2020: €14.38M
2021: €14.01M
2022: €13.86M
2023: €13.79M
2018 → 2024
Solvency
69.6%▼ 1.2pp
2023 · 70.8%
2018: 73.2%
2019: 71.7%
2020: 70.6%
2021: 71.1%
2022: 71.2%
2023: 70.8%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€300k-€400k▲ 33.3%€400k=€404k▲ 0.9%€400k▼ 0.9%
Equity€10.15M-€9.96M▼ 1.8%€9.87M▼ 0.9%€9.77M▼ 1.0%€9.64M▼ 1.4%
Operating result€279k-€365k▲ 30.9%€372k▲ 1.9%€379k▲ 1.9%€381k▲ 0.4%
Net result€102k-€170k▲ 66.5%€171k▲ 0.6%€166k▼ 3.4%€153k▼ 7.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 0% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.85M
Fixed assets
€13.52M ▲ 0.1%
Current assets
€322k ▲ 17.6%
Equity and liabilities €13.85M
Equity
€9.64M ▼ 1.4%
Debt
€4.21M ▲ 4.7%
Debt's share of the balance-sheet total rises from 29.2% to 30.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
1.6%▼
2023 · 1.7%
ROA
1.1%▼
2023 · 1.2%
Debt ≤ 1 year
€4.15M▲
2023 · €3.99M
Income taxes
€60k▼
2023 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13.79M€13.85M▲
Fixed assets21/28€13.52M€13.52M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27-€7k
Other tangible fixed assets26-€7k
Financial fixed assets28€13.52M€13.52M=
Current assets29/58€274k€322k▲
Amounts receivable within one year40/41€27k€290k▲
Trade receivables40-€121k
Other amounts receivable41€27k€169k▲
Cash at bank and in hand54/58€247k€30k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€13.79M€13.85M▲
Equity10/15€9.77M€9.64M▼
Contributions10/11€645k€645k=
Capital10€645k€645k=
Issued capital100€645k€645k=
Reserves13€9.12M€8.99M▼
Non-distributable reserves130/1€254k€333k▲
Legal reserve130€64k€64k=
Other1319€190k€268k▲
Tax-exempt reserves132€263k€295k▲
Distributable reserves133€8.61M€8.36M▼
Amounts payable17/49€4.02M€4.21M▲
Amounts payable within one year42/48€3.99M€4.15M▲
Trade debts44€855€810▼
Suppliers440/4€855€810▼
Taxes, remuneration and social security45€96k€119k▲
Taxes450/3€96k€119k▲
Other amounts payable47/48€3.89M€4.03M▲
Accrued charges and deferred income492/3€34k€60k▲
Income statement
Code20232024
Turnover70€404k€400k▼
Goods, raw materials, services and sundry goods60/61€23k€18k▼
Other operating charges640/8€721€632▼
Gross operating margin9900€380k€382k▲
Operating profit (loss)9901€379k€381k▲
Financial income75/76B€4k€11k▲
Recurring financial income75€4k€11k▲
Financial charges65/66B€152k€179k▲
Recurring financial charges65€152k€179k▲
Profit (loss) for the period before taxes9903€232k€213k▼
Income taxes67/77€66k€60k▼
Profit (loss) for the period9904€166k€153k▼
Transfer from tax-exempt reserves789-€42k
Transfer to tax-exempt reserves689€74k€74k=
Profit (loss) for the period to be appropriated9905€92k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€121k▲
Transfer from equity791/2€265k€286k▲
Transfer to equity691/2€92k€121k▲
To other reserves6921€92k€121k▲
Profit to be distributed694/7€265k€286k▲
Return on contributions (dividend)694€265k€286k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €102k ▼39.6%
Net result drops to €102k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 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, Kortrijk · 1 establishment unit since 2011
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.
Eikendreef(Rol) 58510 KortrijkGround area
4,403 m²
Building footprint
582 m²
Volume, LiDAR
3,351 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDC INVEST
since 20112.195.485.825
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026B0315/00B002 | Flanders | 2,958 m² | 1 · 243 m² | 8.4 m · 2 fl. |
| 34033C0255/00L000 | Flanders | 1,445 m² | 1 · 339 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SENNAC
BE 0778.419.753
Knokke-Heist · Eq €9,638,783
IMBI
BE 0799.733.821
Olen · Eq €9,644,253
IRIS BELGIUM
BE 0540.792.024
Ukkel · Eq €9,621,859
SILENTIVE
BE 0773.616.372
Leuven · Eq €9,660,624
FLANDERS BUSINESS CENTER
BE 0471.671.408
Staden · Eq €9,662,548
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,143 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.