VDL TOITURES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €662k and a net result of €54k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 5521 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
60 d late
2023
92 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€662k▲ 8.8%
2024 · €608k
2018: €177k
2019: €243k
2020: €334k
2021: €338k
2022: €386k
2023: €432k
2024: €608k
2018 → 2025
Net result
€54k▼ 69.5%
2024 · €177k
2018: €117k
2019: €66k
2020: €91k
2021: €4k
2022: €48k
2023: €46k
2024: €177k
2018 → 2025
Total assets
€1.15M▲ 0.1%
2024 · €1.15M
2018: €630k
2019: €612k
2020: €664k
2021: €1.16M
2022: €1.13M
2023: €1.25M
2024: €1.15M
2018 → 2025
Solvency
57.4%▲ 4.6pp
2024 · 52.8%
2018: 28.1%
2019: 39.7%
2020: 50.3%
2021: 29.1%
2022: 34.0%
2023: 34.4%
2024: 52.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€338k-€386k▲ 14.3%€432k▲ 11.8%€608k▲ 40.9%€662k▲ 8.8%
Operating result€14k-€85k▲ 502%€72k▼ 14.5%€88k▲ 21.0%€83k▼ 5.0%
Net result€4k-€48k▲ 1,113%€46k▼ 5.1%€177k▲ 286%€54k▼ 69.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.15M
Fixed assets
€1.06M=
Current assets
€91k▲ 1.1%
Equity and liabilities €1.15M
Equity
€662k▲ 8.8%
Debt
€492k▼ 9.7%
The debt ratio falls from 47.2% to 42.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
57.4%▲
2024 · 52.8%
ROE
8.1%▼
2024 · 29.0%
ROA
4.7%▼
2024 · 15.3%
Debt
€492k▼
2024 · €545k
Debt ≤ 1 year
€179k▼
2024 · €202k
Debt > 1 year
€313k▼
2024 · €342k
Income taxes
€23k▼
2024 · €24k
Staff costs
€43k▲
2024 · €35k
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€1.15M€1.15M▲
Fixed assets21/28€1.06M€1.06M=
Tangible fixed assets22/27€481k€481k=
Land and buildings22€463k€439k▼
Furniture and vehicles24€3k€10k▲
Other tangible fixed assets26€15k€33k▲
Financial fixed assets28€582k€582k=
Current assets29/58€90k€91k▲
Stocks and contracts in progress3€10k€11k▲
Stocks30/36€10k€11k▲
Amounts receivable within one year40/41€43k€24k▼
Trade receivables40€43k€24k▼
Cash at bank and in hand54/58€38k€49k▲
Deferred charges and accrued income490/1-€7k
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.15M▲
Equity10/15€608k€662k▲
Contributions10/11€20k€20k=
Outside capital11€20k-
Other1109/19€20k-
Reserves13€177k€177k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€175k€175k=
Profit (loss) carried forward14€411k€465k▲
Amounts payable17/49€545k€492k▼
Amounts payable after more than one year17€342k€313k▼
Financial debts170/4€342k€313k▼
Amounts payable within one year42/48€202k€179k▼
Current portion of amounts payable after more than one year42€53k€30k▼
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Advances received on contracts in progress46€27k-
Taxes, remuneration and social security45€28k€55k▲
Taxes450/3€22k€44k▲
Remuneration and social security454/9€6k€12k▲
Other amounts payable47/48€92k€85k▼
Income statement
Code20242025
Remuneration, social security and pensions62€35k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€29k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€152k€160k▲
Operating profit (loss)9901€88k€83k▼
Financial income75/76B€120k€49▼
Recurring financial income75€120k€49▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€200k€77k▼
Income taxes67/77€24k€23k▼
Profit (loss) for the period9904€177k€54k▼
Profit (loss) for the period to be appropriated9905€177k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€411k€465k▲
Profit (loss) brought forward from the previous period14P€235k€411k▲
Social balance
Average headcount (FTE)90870.91.1▲
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €177k ▲286%
Net result €177k, the highest in the series.
31-12
Financial
Equity above €500kEq €608k ▲40.9%
7 profitable years in a row build equity to €608k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €4k ▼95.6%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Equity above €200kEq €243k ▲37%
2 profitable years in a row build equity to €243k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Braine-le-Château · 1 establishment unit since 2017
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.
Chemin des Alouettes 41440 Braine-le-ChâteauGround area
662 m²
Building footprint
155 m²
Volume, LiDAR
780 m³
Parcel 25015B0310/00N004, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDL TOITURES
since 20172.262.821.740
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015B0310/00N004 | Wallonia | 662 m² | 1 · 155 m² | 7.0 m · 2 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.
Similar companies · same sector, comparable size
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HC INTERNATIONAL
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CALAFATE
BE 0833.673.131
Bree · Eq €662k
ELAN
BE 0469.655.885
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GD CONSULT & INVEST
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Geraardsbergen · Eq €662k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2017
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
64200Holdings
64210Activities of holding companies
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
47712Retail trade
47713Retail trade
47714Retail trade
47715Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.