VDG TECHNICS
ActiveSummary
VDG TECHNICS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99,834 and a net result of €8,293. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 7098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-21
Solvency61▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.54 in 2024; short-term debt: 50.4% and cash: 27.9% of total assets), and 63.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.1%
Return on assets
3%
Age of the figures
9 mo
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 19-02-2026, 162 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
162 d early
2024
6 d late
2023
41 d early
2022
47 d early
2021
61 d late
2020
20 d late
2019
25 d late
← 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 20 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 21 June (4 of the last 5 filed years within 101 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€99,834▼ 2.9%
2024 · €102,841
Total assets
€276,714▼ 10.8%
2024 · €310,151
Net result
€8,293▼ 86.1%
2024 · €59,610
Working capital
€55,057▼ 33.0%
2024 · €82,196
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€34,296▼ 51.5%€14,682▼ 57.2%€54,040▲ 268%€80,327▲ 48.6%€13,383▼ 83.3%
Net result€24,091within the sector's middle half▼ 51.9%€9,135within the sector's middle half▼ 62.1%€40,719within the sector's middle half▲ 346%€59,610above the sector's middle half▲ 46.4%€8,293within the sector's middle half▼ 86.1%
Equity€90,901within the sector's middle half▲ 30.2%€100,036within the sector's middle half▲ 10.0%€100,054within the sector's middle half=€102,841within the sector's middle half▲ 2.8%€99,834within the sector's middle half▼ 2.9%
Total assets€154,214within the sector's middle half▼ 1.8%€156,188within the sector's middle half▲ 1.3%€204,547within the sector's middle half▲ 31.0%€310,151within the sector's middle half▲ 51.6%€276,714within the sector's middle half▼ 10.8%
Debt€63,313▼ 27.5%€56,153▼ 11.3%€104,493▲ 86.1%€207,310▲ 98.4%€176,880▼ 14.7%
Working capital€73,236within the sector's middle half▲ 48.6%€83,311within the sector's middle half▲ 13.8%€100,812within the sector's middle half▲ 21.0%€82,196within the sector's middle half▼ 18.5%€55,057within the sector's middle half▼ 33.0%
Solvency58.9%within the sector's middle half▲ 14.5pp64.0%within the sector's middle half▲ 5.1pp48.9%within the sector's middle half▼ 15.1pp33.2%within the sector's middle half▼ 15.8pp36.1%within the sector's middle half▲ 2.9pp
Current ratio2.74within the sector's middle half▲ 0.782.65within the sector's middle half▼ 0.102.04within the sector's middle half▼ 0.601.54within the sector's middle half▼ 0.501.39within the sector's middle half▼ 0.14
Return on assets (ROA)15.6%within the sector's middle half▼ 16.3pp5.8%within the sector's middle half▼ 9.8pp19.9%within the sector's middle half▲ 14.1pp19.2%within the sector's middle half▼ 0.7pp3.0%within the sector's middle half▼ 16.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
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 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €276,714
Fixed assets
€82,217 ▲ 9.4%
Current assets
€194,496 ▼ 17.2%
Equity and liabilities €276,714
Equity
€99,834 ▼ 2.9%
Debt
€176,880 ▼ 14.7%
Debt's share of the balance-sheet total falls from 66.8% to 63.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€34,100▼
2024 · €103,106
Cash flow
€29,010▼
2024 · €82,389
Debt to equity
1.77▼
2024 · 2.02
ROE
8.3%▼
2024 · 58.0%
Interest coverage
26.33▼
2024 · 31.23
Debt ≤ 1 year
€139,440▼
2024 · €152,798
Debt > 1 year
€36,160▼
2024 · €54,512
Income taxes
€3,795▼
2024 · €17,416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 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% | 1.9% |
| 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 5,048 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,410 | €16,691 | €16,313 | €22,779 | €20,717 | ▼ 9.1% |
| Other operating charges640/8 | €1,314 | €909 | €986 | €6,322 | €1,379 | ▼ 78.2% |
| Gross operating margin9900 | €53,020 | €32,282 | €71,339 | €109,428 | €35,479 | ▼ 67.6% |
| Operating profit (loss)9901 | €34,296 | €14,682 | €54,040 | €80,327 | €13,383 | ▼ 83.3% |
| Financial charges65/66B | €714 | €528 | €346 | €3,301 | €1,295 | ▼ 60.8% |
| Recurring financial charges65 | €714 | €528 | €346 | €3,301 | €1,295 | ▼ 60.8% |
| Profit (loss) for the period before taxes9903 | €33,582 | €14,154 | €53,694 | €77,026 | €12,088 | ▼ 84.3% |
| Income taxes67/77 | €9,491 | €5,019 | €12,976 | €17,416 | €3,795 | ▼ 78.2% |
| Profit (loss) for the period9904 | €24,091 | €9,135 | €40,719 | €59,610 | €8,293 | ▼ 86.1% |
| Profit (loss) for the period to be appropriated9905 | €24,091 | €9,135 | €40,719 | €59,610 | €8,293 | ▼ 86.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €154,214 | €156,188 | €204,547 | €310,151 | €276,714 | ▼ 10.8% |
| Fixed assets21/28 | €38,945 | €22,253 | €7,043 | €75,157 | €82,217 | ▲ 9.4% |
| Tangible fixed assets22/27 | €38,895 | €22,203 | €6,993 | €75,107 | €62,167 | ▼ 17.2% |
| Furniture and vehicles24 | €38,417 | €21,938 | €6,939 | €74,349 | €62,167 | ▼ 16.4% |
| Leasing and similar rights25 | - | - | - | €759 | €0 | ▼ 100% |
| Other tangible fixed assets26 | €478 | €265 | €53 | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €20,050 | ▲ 40,000% |
| Current assets29/58 | €115,269 | €133,935 | €197,505 | €234,994 | €194,496 | ▼ 17.2% |
| Amounts receivable within one year40/41 | €7,975 | €128,454 | €160,160 | €135,184 | €97,870 | ▼ 27.6% |
| Trade receivables40 | €7,975 | €20,973 | €40,179 | €12,099 | €19,780 | ▲ 63.5% |
| Other amounts receivable41 | - | €107,481 | €119,981 | €123,084 | €78,089 | ▼ 36.6% |
| Cash at bank and in hand54/58 | €104,762 | €1,662 | €33,519 | €94,544 | €77,264 | ▼ 18.3% |
| Deferred charges and accrued income490/1 | €2,532 | €3,819 | €3,826 | €5,266 | €19,363 | ▲ 268% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €154,214 | €156,188 | €204,547 | €310,151 | €276,714 | ▼ 10.8% |
| Equity10/15 | €90,901 | €100,036 | €100,054 | €102,841 | €99,834 | ▼ 2.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €84,500 | €93,600 | €93,600 | €93,600 | €93,600 | = |
| Distributable reserves133 | €84,500 | €93,600 | €93,600 | €93,600 | €93,600 | = |
| Profit (loss) carried forward14 | €201 | €236 | €254 | €3,041 | €34 | ▼ 98.9% |
| Amounts payable17/49 | €63,313 | €56,153 | €104,493 | €207,310 | €176,880 | ▼ 14.7% |
| Amounts payable after more than one year17 | €20,680 | €5,528 | - | €54,512 | €36,160 | ▼ 33.7% |
| Financial debts170/4 | €20,680 | €5,528 | - | €54,512 | €36,160 | ▼ 33.7% |
| Amounts payable within one year42/48 | €42,033 | €50,624 | €96,693 | €152,798 | €139,440 | ▼ 8.7% |
| Current portion of amounts payable after more than one year42 | €14,939 | €15,152 | €5,528 | €17,787 | €16,970 | ▼ 4.6% |
| Trade debts44 | €4,959 | €3,326 | €2,509 | €6,414 | €5,031 | ▼ 21.6% |
| Suppliers440/4 | €4,959 | €3,326 | €2,509 | €6,414 | €5,031 | ▼ 21.6% |
| Taxes, remuneration and social security45 | €16,783 | €14,301 | €30,998 | €17,625 | €12,955 | ▼ 26.5% |
| Taxes450/3 | €13,033 | €14,301 | €28,598 | €15,775 | €8,705 | ▼ 44.8% |
| Remuneration and social security454/9 | €3,750 | - | €2,400 | €1,850 | €4,250 | ▲ 130% |
| Other amounts payable47/48 | €5,352 | €17,846 | €57,659 | €110,972 | €104,483 | ▼ 5.8% |
| Accrued charges and deferred income492/3 | €600 | - | €7,800 | - | €1,280 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,091 | €9,135 | €40,719 | €59,610 | €8,293 | ▼ 86.1% |
| + Depreciation and write-downs630 | €17,410 | €16,691 | €16,313 | €22,779 | €20,717 | ▼ 9.1% |
| Operating cash flow (approximation) | €41,501 | €25,826 | €57,032 | €82,389 | €29,010 | ▼ 64.8% |
| Investment in fixed assets (approximation) | - | €0 | -€1,102 | -€90,894 | -€27,777 | ▲ 69.4% |
| Change in cash | - | -€103,101 | €31,857 | €61,026 | -€17,280 | ▼ 128% |
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
Next filing, fiscal year 2026, expected by
2026
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €8,293 ▼86.1%
Net result drops to €8,293, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Highest result since 2019net €59,610 ▲46.4%
Operating result €80,327, net result €59,610, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €100,036 ▲10%
4 profitable years in a row build equity to €100,036.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 1.96
Current ratio from 0.64 to 1.96; short-term debt falls from €57,653 to €51,460.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Braine-l'Alleud · 1 establishment unit since 2019
Ground area
558 m²
Building footprint
55 m²
Volume, LiDAR
443 m³
Parcel 25744P0832/00_000, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Papyrée 33, 1420 Braine-l'Alleud
since 20192.290.247.204
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744P0832/00_000 | Wallonia | 558 m² | 1 · 55 m² | 9.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
33.33%
According to the 2025 annual accounts of VDG TECHNICS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 5,614 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Contact
E-mail
vdgphil@yahoo.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727613826
Also
9925:BE0727613826
Registered
20-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.