VDM Beheer
ActiveVDM Beheer has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €99k. Equity is growing by ~70.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-2
Solvency35▼-42
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.63 in 2024; short-term debt: 72.9% and cash: 10.3% of total assets), and 90.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
9.6%
Return on assets
9.1%
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 10% of 1029 sector peers (2025).
NBB · sector comparisonPosition among 1029 sector peers
Solvency
better than 10%
← 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 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
15 d early
2022
16 d late
2021
13 d early
2020
3 d early
2019
14 d early
← 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
€104k▼ 81.9%
2024 · €578k
2019: €23k
2020: €69k
2021: €173k
2022: €782k
2023: €812k
2024: €578k
2019 → 2025
Total assets
€1.09M▼ 2.1%
2024 · €1.11M
2019: €171k
2020: €749k
2021: €862k
2022: €1.25M
2023: €1.23M
2024: €1.11M
2019 → 2025
Net result
€99k▼ 14.5%
2024 · €116k
2019: €18k
2020: €46k
2021: €104k
2022: €609k
2023: €30k
2024: €116k
2019 → 2025
Working capital
€-597k▼ 400%
2024 · €-119k
2019: €599
2020: €27k
2021: €116k
2022: €222k
2023: €141k
2024: €-119k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€173k-€782k▲ 352%€812k▲ 3.9%€578k▼ 28.8%€104k▼ 81.9%
Operating result€152k-€251k▲ 65.5%€51k▼ 79.5%€162k▲ 215%€152k▼ 6.4%
Net result€104k-€609k▲ 485%€30k▼ 95.0%€116k▲ 286%€99k▼ 14.5%
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 falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€891k▼ 1.8%
Current assets
€196k▼ 3.2%
Equity and liabilities €1.09M
Equity
€104k▼ 81.9%
Debt
€983k▲ 84.7%
The debt ratio rises from 47.9% to 90.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€179k▼
2024 · €190k
Cash flow
€127k▼
2024 · €144k
Solvency
9.6%▼
2024 · 52.1%
Current ratio
0.25▼
2024 · 0.63
Quick ratio
0.25▼
2024 · 0.63
Debt / equity
9.41▲
2024 · 0.92
ROE
95.2%▲
2024 · 20.1%
ROA
9.1%▼
2024 · 10.5%
Interest coverage
7.87▼
2024 · 9.75
Debt
€983k▲
2024 · €532k
Debt ≤ 1 year
€793k▲
2024 · €322k
Debt > 1 year
€190k▼
2024 · €209k
Income taxes
€33k▲
2024 · €32k
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€1.11M€1.09M▼
Fixed assets21/28€907k€891k▼
Tangible fixed assets22/27€338k€322k▼
Land and buildings22€313k€306k▼
Plant, machinery and equipment23€480€240▼
Furniture and vehicles24€25k€15k▼
Financial fixed assets28€569k€569k=
Current assets29/58€203k€196k▼
Amounts receivable within one year40/41€43k€9k▼
Trade receivables40€30k€0▼
Other amounts receivable41€13k€9k▼
Current investments50/53€75k€75k=
Cash at bank and in hand54/58€85k€112k▲
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.09M▼
Equity10/15€578k€104k▼
Contributions10/11€5k€5k=
Reserves13€573k€99k▼
Distributable reserves133€573k€99k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€532k€983k▲
Amounts payable after more than one year17€209k€190k▼
Financial debts170/4€209k€190k▼
Amounts payable within one year42/48€322k€793k▲
Current portion of amounts payable after more than one year42€48k€21k▼
Trade debts44€2k€430▼
Suppliers440/4€2k€430▼
Advances received on contracts in progress46€0€1k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Other amounts payable47/48€262k€758k▲
Accrued charges and deferred income492/3€377€324▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€191k€183k▼
Operating profit (loss)9901€162k€152k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€19k€23k▲
Recurring financial charges65€19k€23k▲
Profit (loss) for the period before taxes9903€148k€133k▼
Income taxes67/77€32k€33k▲
Profit (loss) for the period9904€116k€99k▼
Profit (loss) for the period to be appropriated9905€116k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€99k▼
Transfer from equity791/2€350k€573k▲
Transfer to equity691/2€116k€99k▼
To other reserves6921€116k€99k▼
Profit to be distributed694/7€350k€573k▲
Return on contributions (dividend)694€350k€573k▲
The notes to these accounts (18 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-12
Financial
Highest result since 2019net €609k ▲485%
Operating result €251k, net result €609k, both a record.
31-12
Financial
Equity above €500kEq €782k ▲352%
4 profitable years in a row build equity to €782k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €173k ▲151%
3 profitable years in a row build equity to €173k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Ravels · 1 establishment unit since 2019
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.
De Buskens 72380 RavelsGround area
612 m²
Building footprint
139 m²
Volume, LiDAR
1,039 m³
Parcel 13035C0509/00R002, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VDM Metaal
since 20192.297.475.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13035C0509/00R002 | Flanders | 612 m² | 1 · 139 m² | 10.9 m · 3 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.
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Of 908 companies in sector 25120 we hold annual accounts for 677. 484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2019
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.