VDC RENOVATION

Active

Private limited companyfounded 20215 yrs activeOudesmidsestraat 20, 1700 Dilbeek, BelgiumKBO/BCE: BE 0771.423.776

The computed 12-month bankruptcy probability of VDC RENOVATION is 3.2% (moderate). The 2024 annual accounts show equity of €28k and a net result of €22k. Equity is growing by ~73.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

86 / 100

Excellent▲ +61 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency43▲+30

Growth78▲+46

Stability94

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity tight (current ratio 1.12 against 0.86 in 2023), and 73.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2024

Solvency, return and age of the figures

Solvency

26.6%

Return on assets

21.1%

Age of the figures

20 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

30 d late

2022

69 d late

← before the deadline after the 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 2024, micro schema

Equity

€28k▲ 381%

2023 · €6k

2022: €11k 2023: €6k

2022 → 2024

Total assets

€105k▲ 40.6%

2023 · €75k

2022: €93k 2023: €75k

2022 → 2024

Net result

€22k

2023 · €-5k

2022: €21k 2023: €-5k

2022 → 2024

Working capital

€8k

2023 · €-7k

2022: €-6k 2023: €-7k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€11k-€6k▼ 48.5%€28k▲ 381%

Operating result€21k-€734▼ 96.6%€31k▲ 4,186%

Net result€21k-€-5k€22k

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

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 4,186% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €105k

28.0%

72.0%

Fixed assets €29k▲ 1.1%

Current assets €76k▲ 65.9%

Equity and liabilities €105k

26.6%

73.4%

Equity €28k▲ 381%

Debt €77k▲ 11.9%

The debt ratio falls from 92.2% to 73.4%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€42k▲

2023 · €11k

Cash flow

€33k▲

2023 · €4k

Solvency

26.6%▲

2023 · 7.8%

Current ratio

1.12▲

2023 · 0.86

Quick ratio

1.12▲

2023 · 0.86

Debt / equity

2.76▼

2023 · 11.87

ROE

79.2%▲

2023 · -94.2%

ROA

21.1%▲

2023 · -7.3%

Interest coverage

12.81▲

2023 · 3.23

Debt

€77k▲

2023 · €69k

Debt ≤ 1 year

€67k▲

2023 · €53k

Debt > 1 year

€10k▼

2023 · €16k

Income taxes

€6k▲

2023 · €3k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€75k€105k▲

Fixed assets21/28€29k€29k▲

Tangible fixed assets22/27€29k€29k▲

Plant, machinery and equipment23€2k€10k▲

Leasing and similar rights25€28k€19k▼

Current assets29/58€46k€76k▲

Amounts receivable within one year40/41€45k€53k▲

Trade receivables40€32k€46k▲

Other amounts receivable41€13k€7k▼

Cash at bank and in hand54/58€995€22k▲

Equity and liabilities

Total equity and liabilities10/49€75k€105k▲

Equity10/15€6k€28k▲

Contributions10/11€5k€5k=

Profit (loss) carried forward14€808€23k▲

Amounts payable17/49€69k€77k▲

Amounts payable after more than one year17€16k€10k▼

Financial debts170/4€16k€10k▼

Amounts payable within one year42/48€53k€67k▲

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€28k€24k▼

Suppliers440/4€28k€24k▼

Taxes, remuneration and social security45€9k€16k▲

Taxes450/3€9k€16k▲

Remuneration and social security454/9€400-

Other amounts payable47/48€9k€21k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲

Other operating charges640/8€930€448▼

Non-recurring operating charges66A-€310

Gross operating margin9900€12k€43k▲

Operating profit (loss)9901€734€31k▲

Financial income75/76B€4€235▲

Recurring financial income75€4€235▲

Financial charges65/66B€3k€3k▼

Recurring financial charges65€3k€3k▼

Profit (loss) for the period before taxes9903€-3k€28k▲

Income taxes67/77€3k€6k▲

Profit (loss) for the period9904€-5k€22k▲

Profit (loss) for the period to be appropriated9905€-5k€22k▲

Appropriation of the result

Profit (loss) to be appropriated9906€808€23k▲

Profit (loss) brought forward from the previous period14P€6k€808▼

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

All 5Financial 2Filings 3

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Back to profitnet €22k

Net result €22k after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Weakest financial yearnet €-5k ▼126%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

08-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 69 days late

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

Directors · office · real estate

Directors

4 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, Dilbeek · 2 establishment units since 2021

establishment All 2 establishment units 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.

Oudesmidsestraat 201700 Dilbeek

Ground area

823 m²

Building footprint

616 m²

Volume, LiDAR

4,779 m³

3 parcels, Brussels, Flanders, Wallonia · tallest building 17.5 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

VDC RENOVATION

Route de Bruxelles 75, 1430 RebecqPlastering work

since 20212.319.993.144

ATELIER SANS TACHE

Alsembergse Steenweg 23, 1060 Sint-Gillis (bij-Brussel)Renting and operating of own or leased non-residential real estate, excluding land

since 20262.386.865.142

3 parcels

Flanders 1 (33.3%) Wallonia 1 (33.3%) Brussels 1 (33.3%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23016D0063/00W002	Flanders	300 m²	1 · 299 m²	12.6 m · 3 fl.
25090C0371/00G000	Wallonia	292 m²	1 · 90 m²	-
21562A0172/00A003	Brussels	230 m²	1 · 227 m²	17.5 m · 3 fl.