Equity
€51,972 ▼ 47.5%
VDCO paid out €113,731 in dividends. That is 170% of the 2025 profit.
VDCO
Lifetime
10 annual accounts with figures on one time axispeak €114,605 (2024)
€106,331▼ 7.2%
peak €69,627 (2024)
€66,745▼ 4.1%
peak €100,910 (2021)
€51,972▼ 47.5%
€331,401▲ 15.3%
Board1 name since 2021
1 directorVAN DAMME Dominik
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Dividend €113,731Equity from €98,958 to €51,972Debts from €287,539 to €331,401Cash from €3,297 to €22,678
Key points
from the 2025 annual accountsChecked score
89
Excellent
Financially stronger than 26% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.4%▲ +0.1 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.5%● unchanged vs 07-2025highest value
09-2025: 0.5%● unchanged vs 08-2025highest value
10-2025: 0.2%▼ -0.3 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Equity €51,972 (13.6% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €383,374
Figures for financial year 2025 (filed on 16-06-2026)
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 62, micro). It does better than 18% of them on solvency, 16% on liquidity, 54% on profitability and 15% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as VDCO has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VDCO itself is lower: 0.1% within 12 months. It rests on far more data about VDCO than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 6,713 companies, not a prediction for VDCO. 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.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.52 (0.86 in 2024), below 1. Short-term debt is 39.1% and cash 5.9% of total assets. 86.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 21208 sector peers (2025).
NBB · sector comparisonPosition among 21208 sector peers
Solvency
better than 17%
← weakest
strongest →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
57 days early
2023
36 days early
2022
19 days early
2021
58 days early
2020
18 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 35 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0665912027
Registered office moved to Zottegem
New registered office: Jasmijnstraat 15, 9620 Zottegem · Resignation: VAN DAMME Dominik (manager and director) · Reappointment: VAN DAMME Dominik (director) · General meeting of 04-09-2023 · Gazette deed
First establishment
Perrestraat 10, Herzele
Incorporation
published on 16-11-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VDCO Zottegem | €383,374 | €106,331 | 13.6% | - |
| Ilmaco Nazareth-De Pinte | €402,390 | €106,519 | 17.4% | - |
| FANATICT Waasmunster | €365,907 | €97,190 | 5.6% | - |
| CONDRA Ghent | €450,692 | €102,163 | 11.5% | - |
| METYS Sint-Lievens-Houtem | €351,054 | €129,782 | 22.6% | 1.2 |
| Vademo Zandhoven | €407,846 | €108,977 | 86.0% | - |
| TP Saint-Vith | €329,582 | €114,678 | 34.0% | - |
These companies have the same main activity as VDCO: computer programming (NACE 62100). They are comparable in size and age: total assets between €330,000 and €451,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 10-11-2016Normal situation
- Activity
- Computer programmingNACE 62100and 3 others
- Establishment unit
- 2.258.614.2179550 Herzele, since 25-11-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 26-08-2025
Annual accounts 2025
- ≈ €150,000estimated
- €383,374▼ 0.8%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on VDCO
VDCO files the micro format. That format states no turnover. The gross margin rose from €8,855 in 2016 to €106,331 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VDCO
- What is the company number of VDCO?
- The company number of VDCO is 0665.912.027. The VAT number is the same number with BE in front: BE 0665.912.027.
- Where is VDCO based?
- The registered office is at Jasmijnstraat 15, 9620 Zottegem.Company details
- What does VDCO do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of VDCO?
- VDCO is a private limited company (BV).
- When was VDCO founded?
- VDCO was founded on 10-11-2016.
- Is VDCO still active?
- Yes, VDCO is an active enterprise in the KBO register.
- What is the turnover of VDCO?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €106,331 and 32 comparable companies (NACE 62100). It probably lies between €130,000 and €220,000.Financials
- Is VDCO profitable?
- In financial year 2025, VDCO made a profit of €66,745.
- Where can I find the annual accounts of VDCO?
- VDCO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VDCO due?
- VDCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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