VDH
ActiveSummary
The computed 12-month bankruptcy probability of VDH is 2.8% (moderate). The 2024 annual accounts show equity of €18k and a net result of €13k. Its solvency ranks better than 63% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+53
Solvency83▲+25
Growth78
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 0.83 in 2023; short-term debt: 41.8% and cash: 56.6% of total assets), and 41.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.2%
Return on assets
42.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
34 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€18k▲ 184%
2023 · €6k
2023: €6k
2024: €18k▲ +184% vs 2023
2023 → 2024
Total assets
€31k▲ 61.6%
2023 · €19k
2023: €19k
2024: €31k▲ +61.6% vs 2023
2023 → 2024
Net result
€13k▲ 888%
2023 · €1k
2023: €1k
2024: €13k▲ +888% vs 2023
2023 → 2024
Working capital
€11k
2023 · €-2k
2023: €-2k
2024: €11k▲ +608% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€6k-€18k▲ 184%
2023: €6k
2024: €18k▲ +184% vs 2023
Operating result€6k-€21k▲ 219%
2023: €6k
2024: €21k▲ +219% vs 2023
Net result€1k-€13k▲ 888%
2023: €1k
2024: €13k▲ +888% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 219% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31k
Fixed assets
€7k ▼ 20.0%
Current assets
€24k ▲ 127%
Equity and liabilities €31k
Equity
€18k ▲ 184%
Debt
€13k ▲ 0.9%
Debt's share of the balance-sheet total falls from 66.9% to 41.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▲
2023 · €10k
Cash flow
€16k▲
2023 · €5k
Current ratio
1.87▲
2023 · 0.83
Debt to equity
0.72▼
2023 · 2.02
ROE
73.7%▲
2023 · 21.2%
ROA
42.9%▲
2023 · 7.0%
Interest coverage
6.53▲
2023 · 2.29
Debt ≤ 1 year
€13k▲
2023 · €13k
Income taxes
€4k▲
2023 · €914
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€19k€31k▲
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€9k€7k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€450€1k▲
Furniture and vehicles24€5k€3k▼
Current assets29/58€11k€24k▲
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€3k€4k▲
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€5k€18k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€19k€31k▲
Equity10/15€6k€18k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€1k€13k▲
Amounts payable17/49€13k€13k▲
Amounts payable within one year42/48€13k€13k▲
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Advances received on contracts in progress46-€26
Taxes, remuneration and social security45€1k€8k▲
Taxes450/3€1k€5k▲
Remuneration and social security454/9€432€3k▲
Other amounts payable47/48€732€490▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€62€248▲
Gross operating margin9900€10k€24k▲
Operating profit (loss)9901€6k€21k▲
Financial income75/76B€5€140▲
Recurring financial income75€5€140▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€2k€17k▲
Income taxes67/77€914€4k▲
Profit (loss) for the period9904€1k€13k▲
Profit (loss) for the period to be appropriated9905€1k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€15k▲
Profit (loss) brought forward from the previous period14P-€1k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | ▼ 13.3% |
| Other operating charges640/8 | €62 | €248 | ▲ 300% |
| Gross operating margin9900 | €10k | €24k | ▲ 143% |
| Operating profit (loss)9901 | €6k | €21k | ▲ 219% |
| Financial income75/76B | €5 | €140 | ▲ 2,927% |
| Recurring financial income75 | €5 | €140 | ▲ 2,927% |
| Financial charges65/66B | €4k | €4k | ▼ 14.9% |
| Recurring financial charges65 | €4k | €4k | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €2k | €17k | ▲ 662% |
| Income taxes67/77 | €914 | €4k | ▲ 331% |
| Profit (loss) for the period9904 | €1k | €13k | ▲ 888% |
| Profit (loss) for the period to be appropriated9905 | €1k | €13k | ▲ 888% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19k | €31k | ▲ 61.6% |
| Fixed assets21/28 | €9k | €7k | ▼ 20.0% |
| Tangible fixed assets22/27 | €9k | €7k | ▼ 20.0% |
| Land and buildings22 | €3k | €3k | ▼ 10.6% |
| Plant, machinery and equipment23 | €450 | €1k | ▲ 168% |
| Furniture and vehicles24 | €5k | €3k | ▼ 44.6% |
| Current assets29/58 | €11k | €24k | ▲ 127% |
| Amounts receivable within one year40/41 | €4k | €6k | ▲ 27.9% |
| Trade receivables40 | €3k | €4k | ▲ 30.8% |
| Other amounts receivable41 | €1k | €2k | ▲ 21.9% |
| Cash at bank and in hand54/58 | €5k | €18k | ▲ 248% |
| Deferred charges and accrued income490/1 | €1k | €1k | ▼ 15.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19k | €31k | ▲ 61.6% |
| Equity10/15 | €6k | €18k | ▲ 184% |
| Contributions10/11 | €5k | €5k | = |
| Profit (loss) carried forward14 | €1k | €13k | ▲ 869% |
| Amounts payable17/49 | €13k | €13k | ▲ 0.9% |
| Amounts payable within one year42/48 | €13k | €13k | ▲ 0.9% |
| Trade debts44 | €11k | €5k | ▼ 53.9% |
| Suppliers440/4 | €11k | €5k | ▼ 53.9% |
| Advances received on contracts in progress46 | - | €26 | - |
| Taxes, remuneration and social security45 | €1k | €8k | ▲ 417% |
| Taxes450/3 | €1k | €5k | ▲ 385% |
| Remuneration and social security454/9 | €432 | €3k | ▲ 493% |
| Other amounts payable47/48 | €732 | €490 | ▼ 33.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €13k | ▲ 888% |
| + Depreciation and write-downs630 | €3k | €3k | ▼ 13.3% |
| Operating cash flow (approximation) | €5k | €16k | ▲ 253% |
| Investment in fixed assets (approximation) | - | €-1k | - |
| Change in cash | - | €12k | - |
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
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.87
Current ratio from 0.83 to 1.87.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Dilsen-Stokkem · 1 establishment unit since 2022
Ground area
785 m²
Building footprint
148 m²
Volume, LiDAR
121 m³
Parcel 72005B2045/00D000, Flanders · tallest building 6.4 m. Linked by address, not a title deed.
1 establishment unit
VDH
since 20222.348.606.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72005B2045/00D000 | Flanders | 784 m² | 1 · 148 m² | 6.4 m |
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.
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 3,388 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
Founded09-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.