VDMLabs
ActiveSummary
VDMLabs has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €5k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 16% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+60
Solvency31▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.81 in 2024; short-term debt: 93.7% and cash: 34.8% of total assets), and 93.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
6.3%
Return on assets
1.9%
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 16% of 7058 sector peers (2025).
NBB · sector comparisonPosition among 7058 sector peers
Solvency
better than 16%
← 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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
25 d late
2023
27 d early
2022
21 d early
2021
32 d early
2020
22 d early
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▲ 43.3%
2024 · €11k
2018: €22khighest in 8 years
2019: €22k● 0.0% vs 2018highest in 8 years
2020: €22k● 0.0% vs 2019highest in 8 years
2021: €22k● 0.0% vs 2020highest in 8 years
2022: €22k● 0.0% vs 2021highest in 8 years
2023: €22k● 0.0% vs 2022highest in 8 years
2024: €11k▼ -48.0% vs 2023lowest in 8 years
2025: €16k▲ +43.3% vs 2024
2018 → 2025
Total assets
€262k▲ 52.6%
2024 · €172k
2018: €71klowest in 8 years
2019: €209k▲ +194% vs 2018
2020: €129k▼ -38.2% vs 2019
2021: €226k▲ +75.1% vs 2020
2022: €111k▼ -51.0% vs 2021
2023: €105k▼ -4.6% vs 2022
2024: €172k▲ +62.9% vs 2023
2025: €262k▲ +52.6% vs 2024highest in 8 years
2018 → 2025
Net result
€5k
2024 · €-11k
2018: €2k
2019: €93k▲ +4859% vs 2018
2020: €43k▼ -53.7% vs 2019
2021: €119k▲ +176% vs 2020highest in 8 years
2022: €34k▼ -71.6% vs 2021
2023: €51k▲ +49.2% vs 2022
2024: €-11k▼ -121% vs 2023lowest in 8 years
2025: €5k▲ +147% vs 2024
2018 → 2025
Working capital
€-19k▲ 38.5%
2024 · €-31k
2018: €22khighest in 8 years
2019: €21k▼ -6.2% vs 2018
2020: €10k▼ -51.0% vs 2019
2021: €2k▼ -83.3% vs 2020
2022: €8k▲ +364% vs 2021
2023: €11k▲ +40.3% vs 2022
2024: €-31k▼ -383% vs 2023lowest in 8 years
2025: €-19k▲ +38.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€22k=€22k=€11k▼ 48.0%€16k▲ 43.3%
2021: €22khighest in 5 years
2022: €22k● 0.0% vs 2021highest in 5 years
2023: €22k● 0.0% vs 2022highest in 5 years
2024: €11k▼ -48.0% vs 2023lowest in 5 years
2025: €16k▲ +43.3% vs 2024
Operating result€155k-€44k▼ 71.4%€65k▲ 46.0%€-10k€6k
2021: €155khighest in 5 years
2022: €44k▼ -71.4% vs 2021
2023: €65k▲ +46.0% vs 2022
2024: €-10k▼ -115% vs 2023lowest in 5 years
2025: €6k▲ +162% vs 2024
Net result€119k-€34k▼ 71.6%€51k▲ 49.2%€-11k€5k
2021: €119khighest in 5 years
2022: €34k▼ -71.6% vs 2021
2023: €51k▲ +49.2% vs 2022
2024: €-11k▼ -121% vs 2023lowest in 5 years
2025: €5k▲ +147% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €10k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262k
Fixed assets
€36k ▼ 16.5%
Current assets
€226k ▲ 75.5%
Equity and liabilities €262k
Equity
€16k ▲ 43.3%
Debt
€246k ▲ 53.3%
Debt's share of the balance-sheet total rises from 93.3% to 93.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €-4k
Cash flow
€15k▲
2024 · €-4k
Current ratio
0.92▲
2024 · 0.81
Debt to equity
14.99▲
2024 · 14.01
ROE
30.2%▲
2024 · -92.3%
ROA
1.9%▲
2024 · -6.2%
Interest coverage
13.90▲
2024 · -6.66
Debt ≤ 1 year
€246k▲
2024 · €160k
Income taxes
€207▲
2024 · €129
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€172k€262k▲
Fixed assets21/28€43k€36k▼
Intangible fixed assets21€39k€31k▼
Tangible fixed assets22/27€3k€5k▲
Furniture and vehicles24€787€2k▲
Other tangible fixed assets26€3k€2k▼
Current assets29/58€129k€226k▲
Amounts receivable within one year40/41€122k€135k▲
Trade receivables40€112k€125k▲
Other amounts receivable41€10k€10k▼
Cash at bank and in hand54/58€7k€91k▲
Deferred charges and accrued income490/1-€639
Equity and liabilities
Total equity and liabilities10/49€172k€262k▲
Equity10/15€11k€16k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-11k€-6k▲
Amounts payable17/49€160k€246k▲
Amounts payable within one year42/48€160k€246k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€28k€31k▲
Suppliers440/4€28k€31k▲
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€9k€6k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48€120k€199k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€-3k€16k▲
Operating profit (loss)9901€-10k€6k▲
Financial income75/76B€98€157▲
Recurring financial income75€98€157▲
Financial charges65/66B€561€1k▲
Recurring financial charges65€561€1k▲
Profit (loss) for the period before taxes9903€-10k€5k▲
Income taxes67/77€129€207▲
Profit (loss) for the period9904€-11k€5k▲
Profit (loss) for the period to be appropriated9905€-11k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-6k▲
Profit (loss) brought forward from the previous period14P-€-11k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | €6k | €6k | €10k | ▲ 54.2% |
| Other operating charges640/8 | €695 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €161k | €51k | €71k | €-3k | €16k | ▲ 583% |
| Operating profit (loss)9901 | €155k | €44k | €65k | €-10k | €6k | ▲ 162% |
| Financial income75/76B | - | €4 | - | €98 | €157 | ▲ 59.2% |
| Recurring financial income75 | - | €4 | - | €98 | €157 | ▲ 59.2% |
| Financial charges65/66B | €435 | €371 | €762 | €561 | €1k | ▲ 102% |
| Recurring financial charges65 | €435 | €371 | €762 | €561 | €1k | ▲ 102% |
| Profit (loss) for the period before taxes9903 | €154k | €44k | €64k | €-10k | €5k | ▲ 149% |
| Income taxes67/77 | €35k | €10k | €13k | €129 | €207 | ▲ 60.7% |
| Profit (loss) for the period9904 | €119k | €34k | €51k | €-11k | €5k | ▲ 147% |
| Profit (loss) for the period to be appropriated9905 | €119k | €34k | €51k | €-11k | €5k | ▲ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €111k | €105k | €172k | €262k | ▲ 52.6% |
| Fixed assets21/28 | €20k | €14k | €11k | €43k | €36k | ▼ 16.5% |
| Intangible fixed assets21 | €3k | €3k | €2k | €39k | €31k | ▼ 21.2% |
| Tangible fixed assets22/27 | €17k | €11k | €9k | €3k | €5k | ▲ 35.9% |
| Furniture and vehicles24 | €17k | €11k | €6k | €787 | €2k | ▲ 200% |
| Other tangible fixed assets26 | - | - | €3k | €3k | €2k | ▼ 12.4% |
| Current assets29/58 | €205k | €96k | €94k | €129k | €226k | ▲ 75.5% |
| Amounts receivable within one year40/41 | €101k | €29k | €17k | €122k | €135k | ▲ 10.6% |
| Trade receivables40 | €101k | €14k | €17k | €112k | €125k | ▲ 11.6% |
| Other amounts receivable41 | - | €15k | - | €10k | €10k | ▼ 0.8% |
| Cash at bank and in hand54/58 | €104k | €68k | €78k | €7k | €91k | ▲ 1,143% |
| Deferred charges and accrued income490/1 | €1k | - | - | - | €639 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €111k | €105k | €172k | €262k | ▲ 52.6% |
| Equity10/15 | €22k | €22k | €22k | €11k | €16k | ▲ 43.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | - | - | - | €-11k | €-6k | ▲ 46.9% |
| Amounts payable17/49 | €204k | €89k | €83k | €160k | €246k | ▲ 53.3% |
| Amounts payable within one year42/48 | €204k | €89k | €83k | €160k | €246k | ▲ 53.3% |
| Current portion of amounts payable after more than one year42 | €10k | €3k | €3k | €3k | €3k | ▲ 1.3% |
| Trade debts44 | €4k | €4k | €7k | €28k | €31k | ▲ 8.7% |
| Suppliers440/4 | €4k | €4k | €7k | €28k | €31k | ▲ 8.7% |
| Taxes, remuneration and social security45 | €41k | €13k | €14k | €9k | €12k | ▲ 44.3% |
| Taxes450/3 | €41k | €13k | €14k | €9k | €6k | ▼ 29.2% |
| Remuneration and social security454/9 | - | - | - | - | €6k | - |
| Other amounts payable47/48 | €149k | €68k | €59k | €120k | €199k | ▲ 65.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119k | €34k | €51k | €-11k | €5k | ▲ 147% |
| + Depreciation and write-downs630 | €6k | €6k | €6k | €6k | €10k | ▲ 54.2% |
| Operating cash flow (approximation) | €125k | €40k | €57k | €-4k | €15k | ▲ 437% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-38k | €-3k | ▲ 93.2% |
| Change in cash | - | €-36k | €10k | €-70k | €84k | ▲ 220% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 12-08-2026
- Registered-office move, Waterloose Steenweg 200 bus 8, 1640 Sint-Genesius-Rode
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €119k ▲176%
Operating result €155k, net result €119k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2013
Ground area
8,188 m²
Building footprint
1,580 m²
Volume, LiDAR
17,472 m³
2 parcels, Flanders · tallest building 23.0 m, ±4 floors. Linked by address, not a title deed.
414
companies at this address
See who is registered here
1 establishment unit
Nachtegaallaan 1, 1640 Sint-Genesius-Rode
since 20132.222.784.296
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552E0048/00Z025 | Flanders | 7,308 m² | 1 · 1,453 m² | 23.0 m · 4 fl. |
| 22552E0015/00W009 | Flanders | 880 m² | 1 · 126 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,896. 4,433 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
46190Agents in non-specialised wholesale trade
59203Motion picture, video and television programme production, sound recording and music publishing activities
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
74301Translation services
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.