VDDTECH
ActiveSummary
VDDTECH has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €618,569 and a net result of €254,976. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 46% of 146 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 1.8 FTE
- Equity
- €618,569
- Profit
- €254,976
Why 86raises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 17-06-2026)Sector: Manufacture of computer, electronic and optical products (NACE 26)Size: 1.8 FTE, total assets €1.5mShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 45% on solvency, 19% on liquidity, 81% on profitability and 82% on growth.
The bankruptcy probability was computed on 21-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: Paul DELVA (director)Director discharge
- Highest result from 2018 to 2025net €254,976 ▲62.9%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 70% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: 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), Staff (FTE).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.002m | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.1m | €0.5m | €0.6m | €0.4m | ▼ 38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.04m | €0.06m | €0.08m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 20.9% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.001m | €0.006m | €0.006m | €0.005m | ▼ 8.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €0.001m | - |
| Gross operating margin9900 | €0.03m | €0.04m | €0.1m | €0.2m | €0.08m | €0.9m | €1.0m | €0.9m | ▼ 6.8% |
| Operating profit (loss)9901 | -€0.01m | -€0.1m | -€0.08m | -€0.07m | -€0.2m | €0.2m | €0.2m | €0.3m | ▲ 70.1% |
| Financial income75/76B | - | - | - | €0.001m | €82 | €0.007m | €0.009m | €0.002m | ▼ 80.9% |
| Recurring financial income75 | €0.002m | €0.004m | €0.002m | €0.001m | €82 | €0.007m | €0.009m | €0.002m | ▼ 80.9% |
| Financial charges65/66B | - | - | - | €0.004m | €0.006m | €0.01m | €0.002m | €0.002m | ▲ 5.5% |
| Recurring financial charges65 | €278 | €0.001m | €0.002m | €0.004m | €0.006m | €0.01m | €0.002m | €0.002m | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | -€0.008m | -€0.1m | -€0.08m | -€0.08m | -€0.2m | €0.2m | €0.2m | €0.3m | ▲ 62.5% |
| Income taxes67/77 | - | - | - | - | - | -€0.006m | €335 | -€79 | - |
| Profit (loss) for the period9904 | -€0.008m | -€0.1m | -€0.08m | -€0.08m | -€0.2m | €0.2m | €0.2m | €0.3m | ▲ 62.9% |
| Profit (loss) for the period to be appropriated9905 | -€0.008m | -€0.1m | -€0.08m | -€0.08m | -€0.2m | €0.2m | €0.2m | €0.3m | ▲ 62.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.5m | €1.1m | €1.0m | €0.9m | €1.4m | €1.3m | €1.5m | ▲ 10.6% |
| Fixed assets21/28 | €0.05m | €0.1m | €0.3m | €0.4m | €0.5m | €0.8m | €1.0m | €0.9m | ▼ 7.5% |
| Intangible fixed assets21 | €0.04m | €0.1m | €0.2m | €0.4m | €0.4m | €0.8m | €1.0m | €0.9m | ▼ 5.3% |
| Tangible fixed assets22/27 | €0.006m | €0.007m | €0.005m | €0.01m | €0.01m | €0.02m | €0.02m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.001m | €330 | €0.004m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.02m | €0.007m | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | - | - | €0.009m | €0.008m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.004m | €0.007m | €0.007m | €0.007m | €0.007m | €0.005m | €0.005m | €0 | ▼ 100% |
| Current assets29/58 | €0.5m | €0.3m | €0.8m | €0.6m | €0.5m | €0.6m | €0.3m | €0.6m | ▲ 65.2% |
| Amounts receivable within one year40/41 | €0.3m | €0.2m | €0.5m | €0.5m | €0.4m | €0.3m | €0.07m | €0.4m | ▲ 505% |
| Trade receivables40 | - | - | - | €0.001m | - | €0.1m | €0 | €0.4m | - |
| Other amounts receivable41 | - | - | - | €0.5m | €0.4m | €0.2m | €0.07m | €0.06m | ▼ 16.3% |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.3m | €0.08m | €0.1m | €0.3m | €0.2m | €0.1m | ▼ 48.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.004m | €0.008m | €0.04m | €0.001m | ▼ 97.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.5m | €1.1m | €1.0m | €0.9m | €1.4m | €1.3m | €1.5m | ▲ 10.6% |
| Equity10/15 | €0.5m | €0.4m | €0.9m | €0.7m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 28.8% |
| Contributions10/11 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | -€0.008m | -€0.1m | -€0.2m | -€0.3m | -€0.5m | -€0.3m | -€0.1m | €0.1m | - |
| Investment grants15 | - | - | - | €0.8m | €0.7m | €0.6m | €0.4m | €0.3m | ▼ 29.0% |
| Amounts payable17/49 | €0.01m | €0.06m | €0.2m | €0.2m | €0.5m | €0.9m | €0.9m | €0.9m | ▲ 0.5% |
| Amounts payable after more than one year17 | - | - | €0.2m | €0.2m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.2m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.01m | €0.06m | €0.06m | €0.07m | €0.5m | €0.9m | €0.9m | €0.9m | ▲ 0.5% |
| Financial debts43 | - | - | - | - | €1 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €1 | - | - | - | - |
| Trade debts44 | €0.001m | €0.02m | €0.002m | €0.01m | €0.02m | €0.06m | €0.02m | €0.001m | ▼ 95.0% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.06m | €0.02m | €0.001m | ▼ 95.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.02m | €0.06m | €0.005m | €0.03m | ▲ 509% |
| Taxes450/3 | - | - | - | €3 | €101 | - | €413 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.02m | €0.06m | €0.005m | €0.03m | ▲ 562% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.4m | €0.8m | €0.8m | €0.8m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,707 | -€139,302 | -€80,477 | -€75,030 | -€171,586 | €181,550 | €156,550 | €254,976 | ▲ 62.9% |
| + Depreciation and write-downs630 | €25,681 | €43,296 | €58,627 | €78,262 | €118,254 | €183,790 | €262,820 | €317,690 | ▲ 20.9% |
| Operating cash flow (approximation) | €17,974 | -€96,007 | -€21,851 | €3,232 | -€53,331 | €365,340 | €419,370 | €572,666 | ▲ 36.6% |
| Investment in fixed assets (approximation) | - | -€142,561 | -€170,693 | -€190,650 | -€201,711 | -€521,067 | -€479,135 | -€241,908 | ▲ 49.5% |
| Change in cash | - | -€90,445 | €247,111 | -€252,090 | €13,103 | €184,399 | -€60,093 | -€106,856 | ▼ 77.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-06-2026 | 2026-00168328 |
| 31-12-2024 | full format | 31-07-2025 | 2025-00339881 |
| 31-12-2023 | micro format | 27-07-2024 | 2024-00292284 |
| 31-12-2022 | micro format | 04-08-2023 | 2023-00313013 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20072351 |
| 31-12-2020 | micro format | 04-06-2021 | 2021-17300019 |
| 31-12-2019 | micro format | 16-09-2020 | 2020-53600186 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56900398 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DELVA Paul Dominic |
|
| DESSARD Vincent |
|
| Paul DELVA |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
22-05
Gazette deed
Resignation: Paul DELVA (director)Director discharge5 facts ▸
- General meeting, 31-12-2025
- Director resignation, Paul DELVA (director)
- Director discharge, Paul DELVA
- Director in office, Vincent DESSARD (director)
- Other provision, “clôture de l'assemblée, secrétaire donne lecture du procès-verbal” (deed in French)
05-09
Gazette deed
Registered officeDirector in office · Attendance · Agenda5 facts ▸
- Board meeting, 11-08-2025
- Director in office, Vincent DESSARD (chair)
- Attendance, “tous les administrateurs” (deed in French)
- Agenda, “déplacement du siège de la société” (deed in French)
- Registered-office move, Rue Fond Catellain 2 (The Gate) à 1435 Mont-Saint-Guibert
18-01
Gazette deed
Resignations: DESSARD Vincent (manager) and DELVA Paul Dominic (manager)Appointments: DESSARD Vincent (director) and DELVA Paul Dominic (director) · Capital · Director discharge21 facts ▸
- Capital
- Director resignation, DESSARD Vincent (manager)
- Director appointment, DESSARD Vincent (director (not named in the articles))
- Director discharge, DESSARD Vincent
- Director resignation, DELVA Paul Dominic (manager)
- Director appointment, DELVA Paul Dominic (director (not named in the articles))
- Registered office clause, “Mont-Saint-Guibert,rue Emile Francqui,3, unanimité” (deed in French)
- Other provision, 1, “ordre du jour” (deed in French)
- Other provision, 2, “ordre du jour” (deed in French)
- Other provision, 3, “ordre du jour” (deed in French)
- Other provision, 4, “ordre du jour” (deed in French)
- Other provision, 5, “ordre du jour” (deed in French)
- +9 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Rue du Fond Cattelain 21435 Mont-Saint-Guibert1 establishment unit
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, transfert en tout endroit de la Région wallonne ou d'une région de langue française par simple décision de l'organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 14. Représentation. La Société est représentée dans les actes, y compris ceux où interviennent un fonctionnaire public ou un…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, avec ou sans limitation de durée, statutaires ou non” (deed in French)“Indépendamment des frais éventuels de représentation,voyages et déplacements, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant et moitié acquéreurs proportionnellement aux actions acquises, actions dont la cession est proposée” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “Exposé reconnu exact, trois/quarts de voix” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ni dissolution de plein droit ni dissolution judiciaire” (deed in French)“Assemblée générale formes modifications statuts, un ou plusieurs liquidateurs nommés par assemblée générale” (deed in French)