VDK C&E B.V.
ActiveSummary
VDK C&E B.V. has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €30k. Equity is growing by ~56.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-17
Solvency44▼-22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.39 in 2024; short-term debt: 26.1% and cash: 0.9% of total assets), and 81.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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
18.5%
Return on assets
4.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1901 sector peers (2025).
NBB · sector comparisonPosition among 1901 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
5 d early
2022
on the day
2021
36 d late
2020
31 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
€115k▲ 35.8%
2024 · €85k
2020: €13k
2021: €21k
2022: €24k
2023: €47k
2024: €85k
2020 → 2025
Total assets
€619k▲ 199%
2024 · €207k
2020: €65k
2021: €140k
2022: €90k
2023: €123k
2024: €207k
2020 → 2025
Net result
€30k▼ 19.8%
2024 · €38k
2020: €12k
2021: €7k
2022: €4k
2023: €22k
2024: €38k
2020 → 2025
Working capital
€-95k▼ 79.1%
2024 · €-53k
2020: €-5k
2021: €-73k
2022: €-42k
2023: €-45k
2024: €-53k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€24k▲ 19.0%€47k▲ 91.8%€85k▲ 80.5%€115k▲ 35.8%
Operating result€11k-€8k▼ 24.2%€29k▲ 252%€49k▲ 71.0%€49k=
Net result€7k-€4k▼ 47.3%€22k▲ 474%€38k▲ 68.2%€30k▼ 19.8%
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 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €619k
Fixed assets
€553k ▲ 221%
Current assets
€66k ▲ 92.6%
Equity and liabilities €619k
Equity
€115k ▲ 35.8%
Debt
€505k ▲ 313%
Debt's share of the balance-sheet total rises from 59.1% to 81.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2024 · €65k
Cash flow
€62k▲
2024 · €53k
Current ratio
0.41▲
2024 · 0.39
Quick ratio
0.41▲
2024 · 0.38
Debt to equity
4.40▲
2024 · 1.45
ROE
26.4%▼
2024 · 44.6%
ROA
4.9%▼
2024 · 18.2%
Interest coverage
6.13▼
2024 · 13.38
Debt ≤ 1 year
€162k▲
2024 · €88k
Debt > 1 year
€343k▲
2024 · €35k
Income taxes
€6k▼
2024 · €7k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€207k€619k▲
Fixed assets21/28€172k€553k▲
Tangible fixed assets22/27€106k€487k▲
Land and buildings22€67k€392k▲
Plant, machinery and equipment23-€64k
Furniture and vehicles24€40k€31k▼
Financial fixed assets28€66k€66k=
Current assets29/58€35k€66k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€22k€55k▲
Trade receivables40€10k€40k▲
Other amounts receivable41€12k€16k▲
Cash at bank and in hand54/58€9k€6k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€207k€619k▲
Equity10/15€85k€115k▲
Contributions10/11€1k€1k=
Reserves13€83k€113k▲
Distributable reserves133€83k€113k▲
Amounts payable17/49€122k€505k▲
Amounts payable after more than one year17€35k€343k▲
Financial debts170/4€35k€343k▲
Amounts payable within one year42/48€88k€162k▲
Current portion of amounts payable after more than one year42€9k€35k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€3k€12k▲
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48€66k€104k▲
Income statement
Code20242025
Non-recurring operating income76A€15k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€32k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€66k€83k▲
Operating profit (loss)9901€49k€49k=
Financial income75/76B€57€46▼
Recurring financial income75€57€46▼
Financial charges65/66B€5k€13k▲
Recurring financial charges65€5k€13k▲
Profit (loss) for the period before taxes9903€45k€36k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€38k€30k▼
Profit (loss) for the period to be appropriated9905€38k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€30k▼
Transfer to equity691/2€38k€30k▼
To other reserves6921€38k€30k▼
The notes to these accounts (15 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €115k ▲35.8%
6 profitable years in a row build equity to €115k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €38k ▲68.2%
Operating result €49k, net result €38k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €4k ▼47.3%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Kalmthout · 1 establishment unit since 2020
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.
Kapellensteenweg (Dp) 4612920 KalmthoutGround area
1,567 m²
Building footprint
385 m²
Volume, LiDAR
1,913 m³
Parcel 11662E0590/00Y033, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VDK C&E B.V.
since 20202.302.808.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0590/00Y033 | Flanders | 1,567 m² | 1 · 385 m² | 9.2 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 to 2025 · 3 entries · 306 EUR awarded · 306 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 54 EUR | 54 EUR |
| 2023 | 1 | 177 EUR | 177 EUR |
| 2022 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,523. 1,252 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
Founded20-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
25530Machining of metals
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.