VDD
Dissolution or liquidationOverview
Activity
Agents in non-specialised wholesale trade
NACE 46190
Size
€427,084total assets 2025
- Equity
- €336,851
- Profit
- €217,915
Turnover not published (abbreviated format)
Financial health
Dissolution or liquidation: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskRegister: dissolution or liquidationneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
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 10-02-2026, 171 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
171 days early
2024
157 days early
2023
144 days early
2023
46 days early
2022
151 days early
2021
67 days early
2020
71 days early
← 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 115 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Liquidity more than doubledcurrent ratio 9.78
Financials · financial year 2025, abbreviated format
Equity
€336,851▼ 11.1%
2024 · €378,936
Total assets
€427,084▲ 0.1%
2024 · €426,647
Net result
€217,915▼ 13.9%
2024 · €253,202
Working capital
€341,940▼ 10.7%
2024 · €383,023
Trend over the years
2022 to 2025, 5 financial years 2018 to 2025, 9 financial years
Multiple financial year ends fall in the same calendar year; an annual trend is not displayed.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.3m
2025
Net result€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.4m
2025
Equity€0.3m
2025
Debt€0.09m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)51.0%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency78.9%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio5.02
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202320242025
Operating result€0.5m-€0.7m▲ 38.8%€0.7m▲ 0.4%€0.8m▲ 10.7%€0.8m▼ 8.1%€0.06m▼ 92.7%€0.5m-€0.3m▼ 32.4%€0.3m▼ 8.2%
Net result€0.2m-€0.5m▲ 133%€0.6m▲ 11.4%€0.6mabove the sector's middle half▼ 0.5%€0.5mabove the sector's middle half▼ 12.4%€0.06mwithin the sector's middle half▼ 87.4%€0.5mabove the sector's middle half-€0.3mabove the sector's middle half▼ 47.1%€0.2mabove the sector's middle half▼ 13.9%
Equity€2.4m-€3.0m▲ 21.2%€3.5m▲ 19.5%€4.1mabove the sector's middle half▲ 16.2%€4.6mabove the sector's middle half▲ 12.2%€4.7mabove the sector's middle half▲ 1.4%€0.7mwithin the sector's middle half-€0.4mwithin the sector's middle half▼ 42.0%€0.3mwithin the sector's middle half▼ 11.1%
Total assets€3.4m-€3.9m▲ 12.3%€3.6m▼ 6.9%€4.2mabove the sector's middle half▲ 16.1%€4.7mabove the sector's middle half▲ 13.0%€4.8mabove the sector's middle half▲ 1.8%€0.9mwithin the sector's middle half-€0.4mbelow the sector's middle half▼ 50.9%€0.4mwithin the sector's middle half▲ 0.1%
Debt€1.0m-€0.9m▼ 9.7%€0.05m▼ 94.9%€0.05m▲ 10.1%€0.09m▲ 75.6%€0.1m▲ 23.7%€0.2m-€0.05m▼ 77.9%€0.09m▲ 89.1%
Working capital€2.4m-€3.7m▲ 54.4%€3.5m▼ 5.7%€4.1mabove the sector's middle half▲ 16.4%€4.6mabove the sector's middle half▲ 12.5%€4.6mabove the sector's middle half▲ 1.3%€0.6mwithin the sector's middle half-€0.4mwithin the sector's middle half▼ 37.5%€0.3mwithin the sector's middle half▼ 10.7%
Solvency71.3%-77.0%▲ 5.6pp98.7%▲ 21.8pp98.8%above the sector's middle half▲ 0.1pp98.1%above the sector's middle half▼ 0.7pp97.7%above the sector's middle half▼ 0.4pp75.2%above the sector's middle half-88.8%above the sector's middle half▲ 13.6pp78.9%above the sector's middle half▼ 9.9pp
Current ratio3.46-41.20▲ 37.7489.26▲ 48.0695.21above the sector's middle half▲ 5.9560.64above the sector's middle half▼ 34.5747.41above the sector's middle half▼ 13.233.90above the sector's middle half-9.78above the sector's middle half▲ 5.885.02above the sector's middle half▼ 4.76
Return on assets (ROA)6.5%-13.4%▲ 7.0pp16.1%▲ 2.6pp13.8%above the sector's middle half▼ 2.3pp10.7%within the sector's middle half▼ 3.1pp1.3%within the sector's middle half▼ 9.4pp55.0%above the sector's middle half-59.3%above the sector's middle half▲ 4.4pp51.0%above the sector's middle half▼ 8.3pp
above
within
below
the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Why a figure moved sharply
- 2023 Net result -87% on 2022. This financial year ran 2 months, the previous one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €427,084
Equity
€336,851 ▼ 11.1%
Debt
€90,233 ▲ 89.1%
Debt's share of the balance-sheet total rises from 11.2% to 21.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.27▲
2024 · 0.13
ROE
64.7%▼
2024 · 66.8%
Debt ≤ 1 year
€85,143▲
2024 · €43,623
Income taxes
€104,337▼
2024 · €111,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €190,429 | €2,763 | €2,763 | €4,766 | €3,133 | €385 | €1,925 | - | - | - |
| Other operating charges640/8 | - | - | - | €3,177 | €2,197 | €366 | €1,016 | €8,646 | €1,084 | ▼ 87.5% |
| Gross operating margin9900 | €732,285 | €748,990 | €753,604 | €834,630 | €765,059 | €56,586 | €519,351 | €357,982 | €321,822 | ▼ 10.1% |
| Operating profit (loss)9901 | €536,106 | €744,284 | €747,117 | €826,687 | €759,729 | €55,834 | €516,410 | €349,335 | €320,738 | ▼ 8.2% |
| Financial income75/76B | - | - | - | €28,844 | €59,114 | €30,513 | €147,501 | €15,431 | €1,514 | ▼ 90.2% |
| Recurring financial income75 | €37,602 | €73,997 | €118,987 | €28,844 | €59,114 | €30,513 | €147,501 | €15,431 | €1,514 | ▼ 90.2% |
| Financial charges65/66B | - | - | - | €14,247 | €80,317 | €66 | -€3,017 | - | - | - |
| Recurring financial charges65 | €177,155 | - | €73,888 | €14,247 | €80,317 | €66 | -€3,017 | - | - | - |
| Profit (loss) for the period before taxes9903 | €396,552 | €818,281 | €792,216 | €841,284 | €738,526 | €86,282 | €666,928 | €364,767 | €322,253 | ▼ 11.7% |
| Income taxes67/77 | €174,755 | €300,653 | €215,555 | €267,505 | €236,092 | €23,158 | €188,647 | €111,565 | €104,337 | ▼ 6.5% |
| Profit (loss) for the period9904 | €221,797 | €517,628 | €576,661 | €573,779 | €502,434 | €63,124 | €478,281 | €253,202 | €217,915 | ▼ 13.9% |
| Profit (loss) for the period to be appropriated9905 | €221,797 | €517,628 | €576,661 | €573,779 | €502,434 | €63,124 | €478,281 | €253,202 | €217,915 | ▼ 13.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €3.4m | €3.9m | €3.6m | €4.2m | €4.7m | €4.8m | €0.9m | €0.4m | €0.4m | ▲ 0.1% |
| Fixed assets21/28 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0 | - | - |
| Tangible fixed assets22/27 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.005m | €0.002m | €0.002m | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0 | - | - |
| Current assets29/58 | €3.4m | €3.8m | €3.5m | €4.1m | €4.7m | €4.7m | €0.8m | €0.4m | €0.4m | ▲ 0.1% |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.2m | €0.5m | €0.1m | €0.1m | ▼ 2.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.03m | €0.3m | €0.1m | €0.1m | ▲ 9.4% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.03m | €0.02m | ▼ 38.7% |
| Current investments50/53 | €2.2m | €2.4m | €2.8m | €3.1m | €3.0m | €3.0m | €0.3m | - | - | - |
| Cash at bank and in hand54/58 | €0.9m | €1.2m | €0.5m | €0.7m | €1.3m | €1.5m | €0.05m | €0.3m | €0.3m | ▲ 0.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.002m | €0.001m | €0.003m | €0.003m | €0.005m | ▲ 60.0% |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €3.4m | €3.9m | €3.6m | €4.2m | €4.7m | €4.8m | €0.9m | €0.4m | €0.4m | ▲ 0.1% |
| Equity10/15 | €2.4m | €3.0m | €3.5m | €4.1m | €4.6m | €4.7m | €0.7m | €0.4m | €0.3m | ▼ 11.1% |
| Contributions10/11 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Capital10 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Issued capital100 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Reserves13 | €1.5m | €2.0m | €2.5m | €3.1m | €3.6m | €3.7m | €4.2m | €4.4m | €4.6m | ▲ 4.9% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Distributable reserves133 | - | - | - | €3.0m | €3.5m | €3.6m | €4.1m | €4.3m | €4.5m | ▲ 5.0% |
| Advance to shareholders on the distribution of net assets19 | - | - | - | - | - | - | €4.5m | €5.0m | €5.3m | ▲ 5.2% |
| Amounts payable17/49 | €1.0m | €0.9m | €0.05m | €0.05m | €0.09m | €0.1m | €0.2m | €0.05m | €0.09m | ▲ 89.1% |
| Amounts payable after more than one year17 | - | €0.8m | - | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €0.09m | €0.04m | €0.04m | €0.08m | €0.1m | €0.2m | €0.04m | €0.09m | ▲ 95.2% |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - | - |
| Trade debts44 | €0.002m | €0.001m | €0.002m | €0.001m | €0.008m | €0.002m | €0.002m | €0.006m | €0.002m | ▼ 63.8% |
| Suppliers440/4 | - | - | - | €0.001m | €0.008m | €0.002m | €0.002m | €0.006m | €0.002m | ▼ 63.8% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.06m | €0.1m | €0.1m | €0.01m | €0.06m | ▲ 341% |
| Taxes450/3 | - | - | - | - | €0.06m | €0.1m | €0.1m | €0.01m | €0.06m | ▲ 341% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.01m | €16 | €0.1m | €0.02m | €0.02m | ▼ 21.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.007m | €0.01m | €0.008m | €0.005m | €0.004m | €0.005m | ▲ 24.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €221,797 | €517,628 | €576,661 | €573,779 | €502,434 | €63,124 | €478,281 | €253,202 | €217,915 | ▼ 13.9% |
| + Depreciation and write-downs630 | €190,429 | €2,763 | €2,763 | €4,766 | €3,133 | €385 | €1,925 | - | - | - |
| Operating cash flow (approximation) | €412,226 | €520,390 | €579,423 | €578,545 | €505,567 | €63,509 | €480,206 | €253,202 | €217,915 | ▼ 13.9% |
| Investment in fixed assets (approximation) | - | -€3,000 | €0 | -€6,930 | €0 | €0 | - | €45,243 | - | - |
| Change in cash | - | €324,261 | -€776,235 | €233,001 | €596,359 | €203,498 | - | €235,099 | €1,743 | ▼ 99.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-02-2026 | 2026-00036351 |
| 31-12-2024 | abbreviated format | 24-02-2025 | 2025-00038013 |
| 31-12-2023 | abbreviated format | 09-03-2024 | 2024-00041190 |
| 03-03-2023 | abbreviated format | 18-08-2023 | 2023-00333848 |
| 31-12-2022 | abbreviated format | 02-03-2023 | 2023-00034451 |
| 31-12-2021 | abbreviated format | 25-05-2022 | 2022-20034174 |
| 31-12-2020 | abbreviated format | 21-05-2021 | 2021-14800528 |
| 31-12-2019 | abbreviated format | 11-05-2020 | 2020-11800277 |
| 31-12-2018 | abbreviated format | 07-05-2019 | 2019-12400371 |
| 31-12-2017 | abbreviated format | 27-04-2018 | 2018-11200557 |
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Of the 5,993 active companies whose main activity is agents in non-specialised wholesale trade (NACE 46190), figures are known for 2,585. 1,690 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
10-02
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
24-02
NBB filing
Annual accounts filed
financial year 2024 · abbreviated format
2024
31-12
Financial
Liquidity more than doubledcurrent ratio 9.78
Current ratio from 3.90 to 9.78; short-term debt falls from €211,342 to €43,623.
09-03
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
2023
18-08
NBB filing
Annual accounts filed
financial year 2023 · abbreviated format
03-03
Financial
Weakest financial yearnet €63,124 ▼87.4%
Net result drops to €63,124, the lowest in the series.
02-03
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
2022
25-05
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
21-05
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
31-12
Financial
Highest result from 2018 to 2025net €576,661 ▲11.4%
Net result €576,661, the highest in the series.
31-12
Financial
Liquidity more than doubledcurrent ratio 89.26
Current ratio from 41.20 to 89.26; short-term debt falls from €92,259 to €39,633.
11-05
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
Show earlier events
2019
31-12
Financial
Liquidity more than 11 timescurrent ratio 41.20
Current ratio from 3.46 to 41.20; short-term debt falls from €977,314 to €92,259.
07-05
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
27-04
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all 18 are under Financials.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official 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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Register details
Identification
Legal formPublic limited company
Founded25-11-2008
Financial year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0808085719
Also
9925:BE0808085719
Registered
28-09-2025
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
96760034E32G22VUN882
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Grimbergen
Ground area
169 m²
Building footprint
169 m²
Building volume
1,389 m³
Parcel 23402E0356/00K000, Flanders · tallest building 12.8 m. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23402E0356/00K000 | Flanders | 169 m² | 1 · 169 m² | 12.8 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.