VDCR
ActiveVDCR has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €6k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+1
Solvency36▲+14
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
9 d early
2024
43 d late
2023
23 d late
2022
6 d early
2021
39 d early
2020
44 d early
2019
31 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k
2024 · €-2k
2018: €9k
2019: €-14k
2020: €-14k
2021: €-14k
2022: €-13k
2023: €-7k
2024: €-2k
2018 → 2025
Total assets
€37k▼ 45.3%
2024 · €68k
2018: €28k
2019: €26k
2020: €32k
2021: €60k
2022: €62k
2023: €43k
2024: €68k
2018 → 2025
Net result
€6k▼ 43.3%
2024 · €11k
2018: €9k
2019: €-23k
2020: €-249
2021: €565
2022: €875
2023: €6k
2024: €11k
2018 → 2025
Working capital
€-5k▲ 70.8%
2024 · €-18k
2018: €5k
2019: €-20k
2020: €-22k
2021: €-51k
2022: €-50k
2023: €-32k
2024: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-14k-€-13k▲ 6.3%€-7k▲ 43.7%€-2k▲ 71.4%€4k
Operating result€1k-€1k▲ 14.0%€6k▲ 353%€16k▲ 148%€11k▼ 33.9%
Net result€565-€875▲ 55.0%€6k▲ 551%€11k▲ 97.4%€6k▼ 43.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets
€9k▼ 39.7%
Current assets
€28k▼ 47.0%
Equity and liabilities €37k
Equity
€4k
Debt
€33k
Debt finances 88.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€20k▼
2024 · €25k
Cash flow
€16k▼
2024 · €21k
Solvency
11.5%▲
2024 · -3.1%
Current ratio
0.84▲
2024 · 0.75
Quick ratio
0.84▲
2024 · 0.75
Debt / equity
7.72▲
2024 · -33.57
ROE
149.0%
ROA
17.1%▲
2024 · 16.5%
Interest coverage
73.94▲
2024 · 41.76
Debt
€33k▼
2024 · €70k
Debt ≤ 1 year
€33k▼
2024 · €70k
Income taxes
€4k▼
2024 · €4k
Staff costs
€53k▲
2024 · €50k
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€68k€37k▼
Fixed assets21/28€16k€9k▼
Tangible fixed assets22/27€15k€9k▼
Plant, machinery and equipment23€169€108▼
Furniture and vehicles24€15k€9k▼
Financial fixed assets28€380€380=
Current assets29/58€53k€28k▼
Amounts receivable within one year40/41€21k€24k▲
Trade receivables40€21k€24k▲
Other amounts receivable41€84€110▲
Cash at bank and in hand54/58€31k€3k▼
Deferred charges and accrued income490/1€322€760▲
Equity and liabilities
Total equity and liabilities10/49€68k€37k▼
Equity10/15€-2k€4k▲
Contributions10/11€1€1=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-5k€2k▲
Amounts payable17/49€70k€33k▼
Amounts payable within one year42/48€70k€33k▼
Trade debts44€18k€3k▼
Suppliers440/4€18k€3k▼
Taxes, remuneration and social security45€28k€24k▼
Taxes450/3€18k€17k▼
Remuneration and social security454/9€9k€8k▼
Other amounts payable47/48€25k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€50k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€709€71▼
Gross operating margin9900€76k€72k▼
Operating profit (loss)9901€16k€11k▼
Financial income75/76B€50€0▼
Recurring financial income75€50€0▼
Financial charges65/66B€606€267▼
Recurring financial charges65€606€267▼
Profit (loss) for the period before taxes9903€15k€10k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€11k€6k▼
Profit (loss) for the period to be appropriated9905€11k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€2k▲
Profit (loss) brought forward from the previous period14P€-16k€-5k▲
Transfer from equity791/2€6k-
Profit to be distributed694/7€6k-
Return on contributions (dividend)694€6k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Highest result since 2018net €11k ▲97.4%
Operating result €16k, net result €11k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €565
Net result €565 after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-23k ▼358%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 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, Mouscron · 1 establishment unit since 2018
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.
Primulasstraat(D) 97711 MouscronGround area
3,116 m²
Building footprint
831 m²
Volume, LiDAR
4,041 m³
2 parcels, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDCR.
since 20182.271.558.470
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54432C0779/00A000 | Wallonia | 2,581 m² | 1 · 746 m² | 6.4 m · 2 fl. |
| 54003T0180/00B000 | Wallonia | 535 m² | 1 · 85 m² | - |
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.
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Of 1,745 companies in sector 46150 we hold annual accounts for 757. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-12-2017
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.