VDH Software Solutions
ActiveVDH Software Solutions has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5k and a net result of €4k. Equity is shrinking by ~34% per year across the filed fiscal years. Its solvency ranks better than 10% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency13▼-18
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 1.0 against 1.38 in 2023), and 96.4% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
3.6%
Return on assets
3.1%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 20787 sector peers (2024).
NBB · sector comparisonPosition among 20787 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
64 d late
2022
37 d late
2021
137 d late
2020
102 d late
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 80.8%
2023 · €27k
2018: €63k
2019: €49k
2020: €28k
2021: €622
2022: €4k
2023: €27k
2018 → 2024
Total assets
€142k▼ 10.7%
2023 · €159k
2018: €285k
2019: €232k
2020: €205k
2021: €165k
2022: €154k
2023: €159k
2018 → 2024
Net result
€4k▼ 80.7%
2023 · €23k
2018: €19k
2019: €-14k
2020: €-21k
2021: €-27k
2022: €3k
2023: €23k
2018 → 2024
Working capital
€-277
2023 · €20k
2018: €35k
2019: €26k
2020: €11k
2021: €-13k
2022: €-5k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€622▼ 97.8%€4k▲ 531%€27k▲ 585%€5k▼ 80.8%
Operating result€-17k-€-22k▼ 26.9%€7k€32k▲ 369%€8k▼ 76.2%
Net result€-21k-€-27k▼ 30.4%€3k€23k▲ 595%€4k▼ 80.7%
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 2024; 2024 is 76% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €142k
Fixed assets
€77k▼ 11.4%
Current assets
€65k▼ 9.8%
Equity and liabilities €142k
Equity
€5k▼ 80.8%
Debt
€137k▲ 3.6%
The debt ratio rises from 83.1% to 96.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€21k▼
2023 · €47k
Cash flow
€17k▼
2023 · €38k
Solvency
3.6%▼
2023 · 16.9%
Current ratio
1.00▼
2023 · 1.38
Quick ratio
1.00▼
2023 · 1.38
Debt / equity
26.58▲
2023 · 4.93
ROE
86.0%▲
2023 · 85.4%
ROA
3.1%▼
2023 · 14.4%
Interest coverage
6.90▼
2023 · 15.19
Debt
€137k▲
2023 · €132k
Debt ≤ 1 year
€65k▲
2023 · €52k
Debt > 1 year
€72k▼
2023 · €80k
Income taxes
€310▼
2023 · €7k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€159k€142k▼
Fixed assets21/28€87k€77k▼
Intangible fixed assets21€228-
Tangible fixed assets22/27€85k€75k▼
Land and buildings22€72k€65k▼
Plant, machinery and equipment23€12k€10k▼
Financial fixed assets28€2k€2k=
Current assets29/58€72k€65k▼
Amounts receivable within one year40/41€54k€53k▼
Trade receivables40€38k€53k▲
Other amounts receivable41€16k-
Cash at bank and in hand54/58€18k€10k▼
Deferred charges and accrued income490/1€453€1k▲
Equity and liabilities
Total equity and liabilities10/49€159k€142k▼
Equity10/15€27k€5k▼
Contributions10/11€19k€19k=
Reserves13€51k€25k▼
Distributable reserves133€51k€25k▼
Profit (loss) carried forward14€-43k€-38k▲
Amounts payable17/49€132k€137k▲
Amounts payable after more than one year17€80k€72k▼
Financial debts170/4€80k€72k▼
Amounts payable within one year42/48€52k€65k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€27k€29k▲
Suppliers440/4€27k€29k▲
Advances received on contracts in progress46€14k€14k=
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48-€8k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€2k€171▼
Gross operating margin9900€49k€21k▼
Operating profit (loss)9901€32k€8k▼
Financial income75/76B€307-
Recurring financial income75€307-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€30k€5k▼
Income taxes67/77€7k€310▼
Profit (loss) for the period9904€23k€4k▼
Profit (loss) for the period to be appropriated9905€23k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-38k▼
Profit (loss) brought forward from the previous period14P€-43k€-43k=
Transfer from equity791/2-€26k
Transfer to equity691/2€23k-
To other reserves6921€23k-
Profit to be distributed694/7-€26k
Return on contributions (dividend)694-€26k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲595%
Operating result €32k, net result €23k, both a record.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Niel · 1 establishment unit since 2009
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.
Wipstraat 22845 NielGround area
868 m²
Building footprint
365 m²
Volume, LiDAR
1,715 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDH Software Solutions
since 20092.176.628.827
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030C0086/00M004 | Flanders | 689 m² | 1 · 186 m² | 8.3 m · 1 fl. |
| 11030B0021/00R004 | Flanders | 179 m² | 1 · 179 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 6,207 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2009
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.