VDG TECHNIEKEN
ActiveSummary
VDG TECHNIEKEN has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €15k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-2
Solvency87▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 1.67 in 2024; short-term debt: 37.8% and cash: 52.2% of total assets), and 37.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
62.2%
Return on assets
10.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
12 d late
2023
9 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 20.4%
2024 · €75k
2023: €53k
2024: €75k
2023 → 2025
Total assets
€146k▼ 21.4%
2024 · €186k
2023: €215k
2024: €186k
2023 → 2025
Net result
€15k▼ 31.4%
2024 · €22k
2023: €5k
2024: €22k
2023 → 2025
Working capital
€89k▲ 19.9%
2024 · €74k
2023: €123k
2024: €74k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€53k-€75k▲ 42.4%€91k▲ 20.4%
Operating result€9k-€30k▲ 217%€23k▼ 22.9%
Net result€5k-€22k▲ 308%€15k▼ 31.4%
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 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€2k ▲ 61.9%
Current assets
€144k ▼ 21.9%
Equity and liabilities €146k
Equity
€91k ▲ 20.4%
Debt
€55k ▼ 50.0%
Debt's share of the balance-sheet total falls from 59.4% to 37.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €31k
Cash flow
€16k▼
2024 · €24k
Current ratio
2.62▲
2024 · 1.67
Quick ratio
2.59▲
2024 · 1.67
Debt to equity
0.61▼
2024 · 1.46
ROE
17.0%▼
2024 · 29.8%
ROA
10.6%▼
2024 · 12.1%
Interest coverage
21.30▲
2024 · 20.09
Debt ≤ 1 year
€55k▼
2024 · €110k
Income taxes
€7k▼
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€146k▼
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€0-
Current assets29/58€185k€144k▼
Stocks and contracts in progress3€750€2k▲
Stocks30/36€750€2k▲
Amounts receivable within one year40/41€52k€62k▲
Trade receivables40€37k€49k▲
Other amounts receivable41€15k€13k▼
Cash at bank and in hand54/58€127k€76k▼
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€186k€146k▼
Equity10/15€75k€91k▲
Contributions10/11€19k€19k=
Reserves13€67k€82k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€36k€52k▲
Profit (loss) carried forward14€-10k€-10k=
Amounts payable17/49€110k€55k▼
Amounts payable within one year42/48€110k€55k▼
Trade debts44€75k€49k▼
Suppliers440/4€75k€49k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€29k€4k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€422▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€175€173▼
Other operating charges640/8€328€505▲
Gross operating margin9900€32k€24k▼
Operating profit (loss)9901€30k€23k▼
Financial income75/76B€3k€87▼
Recurring financial income75€3k€87▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€31k€22k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€22k€15k▼
Profit (loss) for the period to be appropriated9905€22k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€5k▼
Profit (loss) brought forward from the previous period14P€-10k€-10k=
Transfer to equity691/2€22k€15k▼
To other reserves6921€22k€15k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Highest result since 2023net €22k ▲308%
Operating result €30k, net result €22k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Tielt-Winge · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tiensesteenweg 893390 Tielt-WingeGround area
2,522 m²
Building footprint
200 m²
Volume, LiDAR
1,225 m³
Parcel 24101C0314/00Y002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDG TECHNIEKEN
since 20142.237.101.003
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24101C0314/00Y002 | Flanders | 2,522 m² | 1 · 200 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AIMPRO
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INSTATECH-PJ
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VER-DE
BE 0897.789.438
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Racine Energie
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BDL CHAUFFAGE
BE 0798.814.695
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,887 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43341Painting of buildings
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.