VDH-Machines

Active

Private limited company (pre-2019)founded 2012active for 14 yearsDuinberg 28, 2470 Retie, BelgiumKBO/BCE: BE 0845.345.201

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of VDH-Machines is 4.5% (elevated). The 2024 annual accounts show equity of €112,895 and a net result of €17,596. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 32% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

VDH-MachinesActiveChecked score 39/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 18-04-2012 Normal situation
Legal form: Private limited company (pre-2019)
Registered office: Duinberg 28, 2470 Retie
Activity: Agents in the wholesale of industrial machinery, ships and aircraft NACE 46140and 3 others
Establishment unit: 2.208.667.333 2470 Retie, since 18-04-2012
Financial year end: 31 December
Peppol: Reachable since 30-01-2025

Company details

Who decides

Board

Van Der Heijden HendrikusDirector · since 17-04-2012

Board & ownership

How it is doing

39 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.5%

Annual accounts 2024

Gross margin: €32,271; ▲ 46.5%
Turnover: ≈ €140,000; estimated
Profit: €17,596; ▲ 30.6%
Equity: €112,895; ▲ 18.5%
Total assets: €677,765; ▲ 25.9%

2025 accounts not filed, 93 days past the deadline

Filed on 22-06-2026PDF

Financials

Why 39raises risk1 financial year not filed after the legal deadline; last filed accounts filed 326 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 22-06-2026)Liquidity: current ratio 1.18, cash €17,276lowers riskFounded in 2012Show the evidence

Checked score

Score 2024

39 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 43% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 42-1

equity 16.7% of total assets

Liquidity 9-4

short-term debt 80.1% · cash 2.5%

Profitability 72=

return on assets 2.6%

Bankruptcy probability, 12 months

4.5% Elevated

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)

Last 24 months 11-2024: 7.0% 12-2024: 7.0%● unchanged vs 11-2024 01-2025: 7.0%● unchanged vs 12-2024 02-2025: 2.6%▼ -4.4 percentage points vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.6%● unchanged vs 03-2025 05-2025: 2.8%▲ +0.2 percentage points vs 04-2025 06-2025: 2.7%▼ -0.1 percentage points vs 05-2025 07-2025: 2.9%▲ +0.2 percentage points vs 06-2025 08-2025: 3.4%▲ +0.5 percentage points vs 07-2025 09-2025: 3.8%▲ +0.4 percentage points vs 08-2025 10-2025: 5.4%▲ +1.6 percentage points vs 09-2025 11-2025: 5.1%▼ -0.3 percentage points vs 10-2025 12-2025: 6.2%▲ +1.1 percentage points vs 11-2025 01-2026: 8.6%▲ +2.4 percentage points vs 12-2025 02-2026: 8.6%● unchanged vs 01-2026 03-2026: 9.0%▲ +0.4 percentage points vs 02-2026highest value 04-2026: 8.3%▼ -0.7 percentage points vs 03-2026 05-2026: 8.3%● unchanged vs 04-2026 06-2026: 8.3%● unchanged vs 05-2026 07-2026: 2.3%▼ -6.0 percentage points vs 06-2026lowest value 08-2026: 3.1%▲ +0.8 percentage points vs 07-2026 09-2026: 3.5%▲ +0.4 percentage points vs 08-2026 10-2026: 4.5%▲ +1.0 percentage point vs 09-2026

Credit of up to €4,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.18, compared with 1.34 in 2023, below the usual 1.5; short-term debt: 80.1% and cash: 2.5% of total assets), and 83.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 29% on solvency, 11% on liquidity, 57% on profitability and 74% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 326 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 22-06-2026)

NBB · annual accounts

Founded in 2012

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.18, cash €17,276

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline01-11-2026 today

2024 accounts filed 326 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-06-2026, 326 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

326 days late

2023

239 days late

2021

31 days late

2020

31 days late

2019

38 days early

2018

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 98 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Among the largest 14% on total assetssector median €176,917 · 15,450 companies €677,765 View

Documents

Key facts about VDH-Machines

What is the company number of VDH-Machines?: 0845.345.201. In Belgium the VAT number is the company number with BE in front: BE 0845.345.201.
Where is VDH-Machines based?: The registered office is at Duinberg 28, 2470 Retie.Company details
What does VDH-Machines do?: According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
What is the legal form of VDH-Machines?: Private limited company (pre-2019) (BVBA).
When was VDH-Machines founded?: On 18-04-2012.
Is VDH-Machines still active?: Yes, VDH-Machines is an active enterprise in the KBO register.
What is the turnover of VDH-Machines?: ≈ €140,000 in financial year 2024. Estimated from the gross margin of €32,271: probably between €88,000 and €360,000, based on 38 comparable companies, NACE 461.Financials
Is VDH-Machines profitable?: In financial year 2024, VDH-Machines made a profit of €17,596.
Where can I find the annual accounts of VDH-Machines?: VDH-Machines filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)