VDG COMMERCE
ActiveSummary
VDG COMMERCE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,159 and a net result of €7,709. Equity is growing by ~6.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% 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 17,040 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,697 | €10,207 | €11,007 | €11,116 | €12,516 | ▲ 12.6% |
| Other operating charges640/8 | - | €1,345 | €1,786 | €1,999 | €1,680 | ▼ 15.9% |
| Gross operating margin9900 | €18,819 | €20,960 | €22,896 | €21,212 | €25,957 | ▲ 22.4% |
| Operating profit (loss)9901 | €8,825 | €9,409 | €10,104 | €8,098 | €11,761 | ▲ 45.2% |
| Financial income75/76B | - | - | - | €3 | - | - |
| Recurring financial income75 | - | - | - | €3 | - | - |
| Financial charges65/66B | - | €3,758 | €3,250 | €2,657 | €1,246 | ▼ 53.1% |
| Recurring financial charges65 | €4,414 | €3,758 | €3,250 | €2,657 | €1,246 | ▼ 53.1% |
| Profit (loss) for the period before taxes9903 | €4,411 | €5,650 | €6,854 | €5,445 | €10,515 | ▲ 93.1% |
| Income taxes67/77 | €43 | €1,413 | €1,829 | €1,484 | €2,806 | ▲ 89.1% |
| Profit (loss) for the period9904 | €4,368 | €4,238 | €5,025 | €3,961 | €7,709 | ▲ 94.6% |
| Profit (loss) for the period to be appropriated9905 | €4,368 | €4,238 | €5,025 | €3,961 | €7,709 | ▲ 94.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €202,700 | €198,519 | €188,618 | €204,327 | €174,261 | ▼ 14.7% |
| Fixed assets21/28 | €200,775 | €198,298 | €187,292 | €183,723 | €171,207 | ▼ 6.8% |
| Tangible fixed assets22/27 | €200,775 | €198,298 | €187,292 | €183,723 | €171,207 | ▼ 6.8% |
| Land and buildings22 | - | €184,113 | €175,825 | €167,538 | €159,250 | ▼ 4.9% |
| Plant, machinery and equipment23 | - | €14,186 | €11,467 | €16,186 | €11,957 | ▼ 26.1% |
| Current assets29/58 | €1,925 | €221 | €1,326 | €20,603 | €3,054 | ▼ 85.2% |
| Amounts receivable within one year40/41 | - | €87 | €1,178 | - | - | - |
| Other amounts receivable41 | - | €87 | €1,178 | - | - | - |
| Cash at bank and in hand54/58 | - | - | - | €20,444 | €2,611 | ▼ 87.2% |
| Deferred charges and accrued income490/1 | - | €134 | €148 | €159 | €443 | ▲ 178% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €202,700 | €198,519 | €188,618 | €204,327 | €174,261 | ▼ 14.7% |
| Equity10/15 | €70,226 | €74,464 | €79,489 | €83,450 | €91,159 | ▲ 9.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €62,166 | €66,404 | €71,429 | €75,390 | €83,099 | ▲ 10.2% |
| Amounts payable17/49 | €132,474 | €124,055 | €109,129 | €120,877 | €83,102 | ▼ 31.3% |
| Amounts payable after more than one year17 | €50,894 | €35,984 | €20,422 | €4,173 | - | - |
| Financial debts170/4 | - | €35,984 | €20,422 | €4,173 | - | - |
| Amounts payable within one year42/48 | €81,579 | €86,727 | €87,975 | €116,704 | €81,822 | ▼ 29.9% |
| Current portion of amounts payable after more than one year42 | - | €14,910 | €15,562 | €16,250 | €4,173 | ▼ 74.3% |
| Financial debts43 | - | €8,532 | €9,153 | - | - | - |
| Credit institutions430/8 | - | €8,532 | €9,153 | - | - | - |
| Trade debts44 | €4,093 | €1,634 | €1,634 | €7,019 | €2,033 | ▼ 71.0% |
| Suppliers440/4 | - | €1,634 | €1,634 | €7,019 | €2,033 | ▼ 71.0% |
| Taxes, remuneration and social security45 | - | €43 | €1,829 | €3,313 | €4,290 | ▲ 29.5% |
| Taxes450/3 | - | €43 | €1,829 | €3,313 | €4,290 | ▲ 29.5% |
| Other amounts payable47/48 | - | €61,608 | €59,798 | €90,123 | €71,326 | ▼ 20.9% |
| Accrued charges and deferred income492/3 | - | €1,345 | €732 | - | €1,281 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,368 | €4,238 | €5,025 | €3,961 | €7,709 | ▲ 94.6% |
| + Depreciation and write-downs630 | €8,697 | €10,207 | €11,007 | €11,116 | €12,516 | ▲ 12.6% |
| Operating cash flow (approximation) | €13,066 | €14,445 | €16,031 | €15,077 | €20,225 | ▲ 34.1% |
| Investment in fixed assets (approximation) | - | -€7,730 | €0 | -€7,547 | €0 | ▲ 100% |
| Change in cash | - | - | - | - | -€17,833 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0571/00G002 | Wallonia | 1,045 m² | 1 · 69 m² | 9.4 m · 3 fl. |
| 23084A0496/00K000 | Flanders | 169 m² | 1 · 104 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
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Register as of 30 September 2026 · Peppol Directory
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