Equity
€775,388 ▲ 42.9%
VDM WELDING has made a profit in every financial year since 2021.
VDM WELDING
Lifetime
5 annual accounts with figures on one time axispeak €505,830 (2025)
€505,830▲ 65.4%
peak €232,873 (2025)
€232,873▲ 143%
peak €775,388 (2025)
€775,388▲ 42.9%
€2.0m▲ 8.6%
Board5 names since 2020
2 directorsVDMK and 1 other
Owners
33%Pfenixx
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €305,834 to €505,830Result from €95,748 to €232,873Equity from €542,515 to €775,388Cash from €44,507 to €121,424
Key points
from the 2025 annual accountsResult
€232,873 ▲ 143%
The result rose in 2025 from €95,748 to €232,873.
Debts
€2.0m 72% of the balance sheet
Financial debts 66%Suppliers 7%Taxes and wages 0%Other 27%
Of this, €836,261 falls due within a year.
Staff
4 employees on 31-12-2025
In 2025, 3 people joined and 1 left.
Subsidiaries
-€184,742
Subsidiary with negative equity. VDM Jet Loader · loss of €204,742 in 2025.
Position in the sector
€232,873
Higher net result than 95% of companies in fabricated metal products. Sector median €12,151 · 2,343 companies.
Checked score
90
Excellent
Financially stronger than 60% of small companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 1.1%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -0.8 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 0.2%▼ -0.3 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2020
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Size: total assets €2.8m
Figures for financial year 2025 (filed on 07-07-2026)
Calculation
The band follows from the bankruptcy probability. 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 25, small). It does better than 28% of them on solvency, 45% on liquidity, 73% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as VDM WELDING has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VDM WELDING itself is lower: 0.2% within 12 months. It rests on far more data about VDM WELDING than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for VDM WELDING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.78 (0.5 in 2024), below 1. Short-term debt is 30.2% and cash 4.4% of total assets. 72% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 days early
2024
on the day
2023
33 days early
2022
34 days early
2021
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 24 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NOENS 33%equity €30,029 (2025) · 2025 annual accounts of NOENS
- Pfenixx 33%score 90equity €78,329 (2025) · 2025 annual accounts of Pfenixx
Shares in 1 company, VDM Jet Loader
Board & ownershipRecent changes
Permanent representative: Vander Mierde Dirk
Resignation: Pfenixx BV (director) · Director discharge: Pfenixx BV · General meeting of 31-12-2025 · Gazette deed
3 directors appointed, 2 resignations
Resignations: Vander Mierde Kobe and Noens Thomas · Appointments: VDMK BV, Pfenixx BV and NOENS BV · Permanent representatives: Vander Mierde Kobe, Vander Mierde Dirk and Noens Thomas · General meeting of 31-05-2024 · Gazette deed
Appointment: Noens Thomas (director)
General meeting of 29-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0758681441
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VDM WELDING Pelt | €2.8m | €505,830 | 28.0% | - |
| MEMINI Merksplas | €2.0m | €505,146 | 8.4% | - |
| BELLI'ART Tubize | €1.7m | €508,154 | 1.1% | 3.3 |
| CLAERHOUT ALUMINIUM INSTALLATION Harelbeke | €1.6m | €653,147 | 1.8% | 3.3 |
| WAUTEAM Fleurus | €1.6m | €310,698 | 4.6% | - |
| AMBOLAU Kruisem | €2.5m | €219,797 | 14.8% | - |
| T-ZINC Gembloux | €1.3m | €685,958 | 32.8% | 5.3 |
These companies have the same main activity as VDM WELDING: forging of metal (NACE 25401). They are comparable in size and age: total assets between €1.3m and €2.5m, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 23-11-2020Normal situation
- Activity
- Forging of metalNACE 25401and 5 others
- Establishment unit
- 2.310.083.2093900 Pelt, since 23-11-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-08-2023
Annual accounts 2025
- ≈ €1.0mestimated
- €2.8m▲ 16.4%
- Employeeson 31-12-2025
- 4▲ 100%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on VDM WELDING
VDM WELDING files the micro format. That format states no turnover. The gross margin rose from €200,006 in 2021 to €505,830 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VDM WELDING
- What is the company number of VDM WELDING?
- The company number of VDM WELDING is 0758.681.441. The VAT number is the same number with BE in front: BE 0758.681.441.
- Where is VDM WELDING based?
- The registered office is at Siberiëstraat 65, 3900 Pelt.Company details
- What does VDM WELDING do?
- According to the KBO register, the main activity is forging of metal (NACE 25401).
- What is the legal form of VDM WELDING?
- VDM WELDING is a private limited company (BV).
- When was VDM WELDING founded?
- VDM WELDING was founded on 23-11-2020.
- Is VDM WELDING still active?
- Yes, VDM WELDING is an active enterprise in the KBO register.
- How many employees does VDM WELDING have?
- VDM WELDING had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VDM WELDING?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €505,830 and 879 comparable companies of the same size. It probably lies between €710,000 and €1.5m. It is a rough estimate.
- Is VDM WELDING profitable?
- In financial year 2025, VDM WELDING made a profit of €232,873.
- Where can I find the annual accounts of VDM WELDING?
- VDM WELDING filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VDM WELDING due?
- VDM WELDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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