VDK DESIGN
ActiveVDK DESIGN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €-144k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 11% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-65
Solvency34▼-4
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.26 in 2024; short-term debt: 53% and cash: 1.2% of total assets), and 91.3% 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.
+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 7719 sector peers (2025).
NBB · sector comparisonPosition among 7719 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
3 d late
2022
40 d early
2021
1 d early
2020
3 d early
2019
2 d early
2017
191 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€320k▼ 30.9%
2024 · €464k
2019: €387k
2020: €393k
2021: €446k
2022: €465k
2024: €464k
2019 → 2025
Total assets
€3.68M▲ 4.6%
2024 · €3.52M
2019: €1.37M
2020: €1.73M
2021: €1.71M
2022: €1.72M
2024: €3.52M
2019 → 2025
Net result
€-144k
2024 · €441k
2019: €84k
2020: €37k
2021: €54k
2022: €19k
2024: €441k
2019 → 2025
Working capital
€35k▼ 91.3%
2024 · €399k
2019: €1k
2020: €-19k
2021: €39k
2022: €3k
2024: €399k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€393k-€446k▲ 13.7%€465k▲ 4.3%€464k▼ 0.3%€320k▼ 30.9%
Operating result€37k-€79k▲ 113%€25k▼ 68.4%€446k▲ 1,694%€-94k
Net result€37k-€54k▲ 46.7%€19k▼ 64.4%€441k▲ 2,208%€-144k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €94k after €446k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.68M
Fixed assets
€1.70M▲ 6.6%
Current assets
€1.99M▲ 3.1%
Equity and liabilities €3.68M
Equity
€320k▼ 30.9%
Debt
€3.36M▲ 10.1%
The debt ratio rises from 86.8% to 91.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€34k▼
2024 · €594k
Cash flow
€-15k▼
2024 · €588k
Solvency
8.7%▼
2024 · 13.2%
Current ratio
1.02▼
2024 · 1.26
Quick ratio
1.02▼
2024 · 1.26
Debt / equity
10.50▲
2024 · 6.59
ROE
-44.8%▼
2024 · 95.1%
ROA
-3.9%▼
2024 · 12.5%
Interest coverage
0.67▼
2024 · 17.19
Debt
€3.36M▲
2024 · €3.06M
Debt ≤ 1 year
€1.95M▲
2024 · €1.53M
Debt > 1 year
€1.41M▼
2024 · €1.53M
Income taxes
€0▼
2024 · €1k
Staff costs
€0▼
2024 · €13k
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€3.52M€3.68M▲
Fixed assets21/28€1.59M€1.70M▲
Tangible fixed assets22/27€1.59M€1.70M▲
Land and buildings22€1.47M€1.69M▲
Plant, machinery and equipment23€125k€0▼
Furniture and vehicles24-€2k
Current assets29/58€1.93M€1.99M▲
Amounts receivable within one year40/41€249k€342k▲
Trade receivables40€156k€326k▲
Other amounts receivable41€93k€17k▼
Current investments50/53€1.63M€1.60M▼
Cash at bank and in hand54/58€45k€45k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.52M€3.68M▲
Equity10/15€464k€320k▼
Contributions10/11€19k€19k=
Reserves13€447k€447k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k€38k=
Distributable reserves133€408k€408k=
Profit (loss) carried forward14€-1k€-145k▼
Amounts payable17/49€3.06M€3.36M▲
Amounts payable after more than one year17€1.53M€1.41M▼
Financial debts170/4€1.53M€1.41M▼
Amounts payable within one year42/48€1.53M€1.95M▲
Current portion of amounts payable after more than one year42€125k€127k▲
Trade debts44€192k€270k▲
Suppliers440/4€99k€177k▲
Bills of exchange payable441€93k€93k=
Taxes, remuneration and social security45€7k€616▼
Taxes450/3€5k€616▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€1.21M€1.56M▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€13k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€147k€129k▼
Other operating charges640/8€22k€17k▼
Non-recurring operating charges66A€10k€0▼
Gross operating margin9900€639k€51k▼
Operating profit (loss)9901€446k€-94k▼
Financial income75/76B€31k€2k▼
Recurring financial income75€31k€2k▼
Financial charges65/66B€35k€51k▲
Recurring financial charges65€35k€51k▲
Profit (loss) for the period before taxes9903€443k€-144k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€441k€-144k▼
Profit (loss) for the period to be appropriated9905€441k€-144k▼
Appropriation of the result
Profit (loss) to be appropriated9906€441k€-145k▼
Profit (loss) brought forward from the previous period14P€2€-1k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€443k€0▼
Directors or managers695€443k€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-144k ▼133%
Net result drops to €-144k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Highest result since 2019net €441k ▲2208%
Operating result €446k, net result €441k, both a record.
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 191 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Wielsbeke · 1 establishment unit since 2015
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.
Lindestraat 88710 WielsbekeGround area
6,983 m²
Building footprint
605 m²
Volume, LiDAR
1,613 m³
2 parcels, Flanders · tallest building 17.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VDK PROJECTS
since 20152.248.514.537
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37017A0437/00H000 | Flanders | 4,995 m² | 1 · 456 m² | 17.9 m |
| 37010B0607/00M000 | Flanders | 1,988 m² | 1 · 149 m² | 6.5 m · 1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 960 EUR awarded · 960 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 960 EUR | 960 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,782 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2015
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
71112Activities of interior architects
71113Urban planning and landscape architecture
74109Other professional, scientific and technical activities
74140Other specialised design activities
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.