VDM - TRADING
ActiveVDM - TRADING has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-364k) and a net result of €-132k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability27▲+16
Solvency13▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.18 against 4.69 in 2023; short-term debt: 31.5% and cash: 0.1% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
-4.3%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-364k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
138 d late
2022
108 d late
2021
31 d late
2020
31 d late
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-364k▼ 57.3%
2023 · €-231k
2018: €-11k
2019: €2k
2020: €14k
2021: €-35k
2022: €-60k
2023: €-231k
2018 → 2024
Total assets
€3.08M▲ 9.5%
2023 · €2.81M
2018: €308k
2019: €386k
2020: €438k
2021: €2.92M
2022: €2.15M
2023: €2.81M
2018 → 2024
Net result
€-132k▲ 22.4%
2023 · €-171k
2018: €-25k
2019: €13k
2020: €12k
2021: €-49k
2022: €-25k
2023: €-171k
2018 → 2024
Working capital
€2.11M▼ 4.6%
2023 · €2.21M
2018: €75k
2019: €84k
2020: €167k
2021: €2.41M
2022: €1.72M
2023: €2.21M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€-35k€-60k▼ 70.2%€-231k▼ 283%€-364k▼ 57.3%
Operating result€23k-€-48k€34k€-72k€18k
Net result€12k-€-49k€-25k▲ 49.3%€-171k▼ 586%€-132k▲ 22.4%
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 returns to profit in 2024: €18k after a loss of €72k in 2023.
Balance-sheet composition
Assets €3.08M
Fixed assets
€1k
Current assets
€3.08M
Key figures and ratios
Solvency
-11.8%▼
2023 · -8.2%
Current ratio
3.18▼
2023 · 4.69
Quick ratio
0.84▼
2023 · 0.91
Debt / equity
-9.48▲
2023 · -13.18
ROA
-4.3%▲
2023 · -6.1%
Debt
€3.45M▲
2023 · €3.05M
Debt ≤ 1 year
€970k▲
2023 · €601k
Debt > 1 year
€2.48M▲
2023 · €2.44M
Income taxes
€369▲
2023 · €0
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.81M€3.08M▲
Fixed assets21/28-€1k
Financial fixed assets28-€1k
Current assets29/58€2.81M€3.08M▲
Stocks and contracts in progress3€2.27M€2.27M=
Stocks30/36€2.27M€2.27M=
Amounts receivable within one year40/41€253k€522k▲
Trade receivables40-€268k
Other amounts receivable41€253k€254k▲
Current investments50/53€289k€289k=
Cash at bank and in hand54/58€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.81M€3.08M▲
Equity10/15€-231k€-364k▼
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€26k€28k▲
Profit (loss) carried forward14€-278k€-410k▼
Amounts payable17/49€3.05M€3.45M▲
Amounts payable after more than one year17€2.44M€2.48M▲
Financial debts170/4€2.44M€2.48M▲
Amounts payable within one year42/48€601k€970k▲
Current portion of amounts payable after more than one year42€165k€73k▼
Trade debts44€86k€127k▲
Suppliers440/4€86k€127k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48€348k€766k▲
Accrued charges and deferred income492/3-€212
Income statement
Code20232024
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€873-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€10k€20k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€-62k€38k▲
Operating profit (loss)9901€-72k€18k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€98k€150k▲
Recurring financial charges65€98k€150k▲
Profit (loss) for the period before taxes9903€-171k€-132k▲
Income taxes67/77€0€369▲
Profit (loss) for the period9904€-171k€-132k▲
Profit (loss) for the period to be appropriated9905€-171k€-132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-278k€-410k▼
Profit (loss) brought forward from the previous period14P€-107k€-278k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
2023
31-12
Financial
Weakest financial yearnet €-171k
Net result drops to €-171k, the lowest in the series; recovery starts the following year.
16-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 108 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 5.81
Current ratio from 1.63 to 5.81.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Schilde · 1 establishment unit since 1998
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.
Camelialaan 112970 SchildeGround area
1,921 m²
Building footprint
199 m²
Volume, LiDAR
1,261 m³
Parcel 11041C0318/00Y002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Camelialaan 11, 2970 Schilde
since 19982.131.252.326
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0318/00Y002 | Flanders | 1,921 m² | 1 · 199 m² | 9.8 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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 26,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-1998
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
46499Wholesale of other household goods
51478
71406
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.