Equity
VDD LOGISTICS has made a profit in every financial year since 2019.
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VDD LOGISTICS has made a profit in every financial year since 2019.
The last five annual accounts were filed 34 to 57 days before the end of the period.
Higher solvency than 91% of companies in land transport. Sector median 38.9% · 2,418 companies.
In July 2024, 1,639 companies had the same profile as VDD LOGISTICS has now. Each dot stands for 5 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 1,639 companies, not a prediction for VDD LOGISTICS. 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.
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| Company | ||||
|---|---|---|---|---|
| VDD LOGISTICS Harelbeke | €737,749 | €632,253 | 83.8% | - |
| MJ-TRANS Roeselare | €696,017 | €628,563 | 33.0% | - |
| Steen Vincent Roeselare | €890,965 | €665,063 | 23.9% | - |
| OLSTRANS Waregem | €707,476 | €789,097 | 8.1% | 10 |
| KDA Trans Tielt | €762,194 | €498,634 | 24.2% | - |
| VQ LOGISTICS Kortrijk | €816,343 | €609,571 | 19.3% | 4 |
| VERSTRAETE LOGISTICS Bruges | €812,894 | €541,781 | 16.0% | - |
These companies have the same main activity as VDD LOGISTICS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €696,000 and €891,000, founded between 2017 and 2019.
VDD LOGISTICS files the abbreviated format. That format states no turnover. The gross margin rose from €525,718 in 2019 to €632,253 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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