VDM SERVICE

Active

Private limited companyfounded 1995active for 30 yearsRyenlanddreef 43, 2170 Antwerpen, BelgiumKBO/BCE: BE 0456.647.690

Summary

VDM SERVICE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €423,992 and a net result of -€17,072. Equity is growing by about 8.1% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

VDM SERVICEActiveChecked score 94/100

Risk analysis Report Compare

Activity

Inland freight water transport

NACE 50400

1 site

Size

€469,703total assets 2026

Equity: €423,992
Loss: -€17,072

Turnover not published (micro format)

Financial health

94 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Accounts 32 days early1 of 4 deeds read

Why 94raises risk1 of the last 3 latelowers riskLiquidity: current ratio 2.37, cash €97,325Size: total assets €469,703Equity €423,992 (90.3% of total assets)Show the evidence

Checked score

Score 2026

94 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 53% of its sector peers (NACE 50, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Strong

Solvency 100=

equity 90.3% of total assets

Liquidity 76-2

short-term debt 8.8% · cash 20.7%

Profitability 14+7

return on assets -3.6%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (261 companies, NACE 50, micro)

Last 24 months 11-2024: < 0.1% 12-2024: 0.1%▲ +0.1 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 0.1%● unchanged vs 10-2025highest value 12-2025: 0.1%● unchanged vs 11-2025highest value 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026highest value 03-2026: 0.1%● unchanged vs 02-2026highest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026

Credit of up to €35,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.37, compared with 1.96 in 2025, above the usual 1.5; short-term debt: 8.8% and cash: 20.7% of total assets), and 9.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 50, micro): better than 88% on solvency, 75% on liquidity, 20% on profitability and 31% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Liquidity: current ratio 2.37, cash €97,325

NBB · annual accounts

Size: total assets €469,703

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €423,992 (90.3% of total assets)

NBB · annual accounts

1 of the last 3 late

NBB · filings

Persistent losses

Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2026

Net result per financial year

1920212223242526

2019 to 2026 · latest year -€17,072

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-09-2026, 32 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

32 days early

2025

57 days early

2024

92 days late

2023

7 days late

2022

34 days early

2021

33 days early

2020

46 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 50) for financial year 2024 is 3 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 filed years within 39 days of that day).

Companies Code · seven months

Where today falls in the filing period

21-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage