VDH
ActiveVDH has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €271k and a net result of €34k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 2506 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-37
Solvency88▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.87 in 2024), and 48.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
51.7%
Return on assets
6.6%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
36 d early
2023
110 d early
2022
73 d early
2021
80 d early
2020
8 d early
2019
32 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€271k▲ 14.5%
2024 · €237k
2018: €70k
2019: €74k
2020: €97k
2021: €134k
2022: €156k
2023: €196k
2024: €237k
2018 → 2025
Total assets
€524k▲ 3.2%
2024 · €507k
2018: €233k
2019: €361k
2020: €469k
2021: €485k
2022: €480k
2023: €480k
2024: €507k
2018 → 2025
Net result
€34k▼ 40.4%
2024 · €58k
2018: €22k
2019: €3k
2020: €24k
2021: €36k
2022: €22k
2023: €40k
2024: €58k
2018 → 2025
Working capital
€60k▼ 16.4%
2024 · €72k
2018: €15k
2019: €10k
2020: €25k
2021: €47k
2022: €39k
2023: €58k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€134k-€156k▲ 16.6%€196k▲ 25.6%€237k▲ 20.8%€271k▲ 14.5%
Operating result€55k-€38k▼ 31.0%€61k▲ 63.1%€79k▲ 27.9%€52k▼ 33.9%
Net result€36k-€22k▼ 38.7%€40k▲ 79.4%€58k▲ 44.6%€34k▼ 40.4%
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 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €524k
Fixed assets
€369k▲ 4.8%
Current assets
€154k▼ 0.5%
Equity and liabilities €524k
Equity
€271k▲ 14.5%
Debt
€253k▼ 6.7%
The debt ratio falls from 53.4% to 48.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€75k▼
2024 · €98k
Cash flow
€58k▼
2024 · €77k
Solvency
51.7%▲
2024 · 46.6%
Current ratio
1.64▼
2024 · 1.87
Quick ratio
1.28▼
2024 · 1.51
Debt / equity
0.93▼
2024 · 1.15
ROE
12.7%▼
2024 · 24.4%
ROA
6.6%▼
2024 · 11.4%
Interest coverage
12.67▼
2024 · 14.21
Debt
€253k▼
2024 · €271k
Debt ≤ 1 year
€94k▲
2024 · €83k
Debt > 1 year
€158k▼
2024 · €187k
Income taxes
€12k▼
2024 · €14k
Staff costs
€4k▲
2024 · €753
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€507k€524k▲
Fixed assets21/28€352k€369k▲
Tangible fixed assets22/27€352k€369k▲
Land and buildings22€333k€320k▼
Plant, machinery and equipment23€13k€36k▲
Furniture and vehicles24€7k€13k▲
Current assets29/58€155k€154k▼
Stocks and contracts in progress3€30k€34k▲
Stocks30/36€30k€34k▲
Amounts receivable within one year40/41€7k€8k▲
Trade receivables40€7k€8k▲
Other amounts receivable41€118-
Cash at bank and in hand54/58€115k€109k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€507k€524k▲
Equity10/15€237k€271k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€218k€252k▲
Amounts payable17/49€271k€253k▼
Amounts payable after more than one year17€187k€158k▼
Financial debts170/4€187k€158k▼
Amounts payable within one year42/48€83k€94k▲
Current portion of amounts payable after more than one year42€31k€30k▼
Financial debts43-€145
Credit institutions430/8-€145
Trade debts44€12k€27k▲
Suppliers440/4€12k€27k▲
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9-€409
Other amounts payable47/48€35k€34k▼
Accrued charges and deferred income492/3€369€520▲
Income statement
Code20242025
Remuneration, social security and pensions62€753€4k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€104k€83k▼
Operating profit (loss)9901€79k€52k▼
Financial income75/76B€12€0▼
Recurring financial income75€12€0▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€72k€46k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€58k€34k▼
Profit (loss) for the period to be appropriated9905€58k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€235k€252k▲
Profit (loss) brought forward from the previous period14P€177k€218k▲
Profit to be distributed694/7€17k-
Directors or managers695€17k-
The notes to these accounts (6 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €58k ▲44.6%
Operating result €79k, net result €58k, both a record.
31-12
Financial
Equity above €200kEq €237k ▲20.8%
7 profitable years in a row build equity to €237k.
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €156k ▲16.6%
5 profitable years in a row build equity to €156k.
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €134k ▲37.3%
4 profitable years in a row build equity to €134k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼85.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Dimitri VANDENHOECK
CurrentDirector · since 23-03-2023
Marc VANDENHOECK
CurrentDirector · since 23-03-2023
23-03-2023
Dimitri VANDENHOECK: Appointed as Director
23-03-2023
Marc VANDENHOECK: Appointed as Director
Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 1987
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.
Aalstsesteenweg(Ide) 1439506 GeraardsbergenGround area
1,396 m²
Building footprint
569 m²
Volume, LiDAR
1,302 m³
Parcel 41031A0035/00T000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Aalstsesteenweg(Ide) 143, 9506 Geraardsbergen
since 19872.029.404.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41031A0035/00T000 | Flanders | 1,396 m² | 1 · 569 m² | 5.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Similar companies · same sector, comparable size
TIBALEX
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Percy Motors Perwez
BE 0665.862.735
Perwez · Eq €271k
MAASEIKER AUTOMOBIELBEDRIJF
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Beringen · Eq €271k
GARAGE GUNS
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PRO - CAR
BE 0446.516.140
Incourt · Eq €270k
Of 7,341 companies in sector 95311 we hold annual accounts for 2,939. 2,260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-1987
Fiscal year end31-12
Activities, NACEBEL
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50302
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.