VDO CONSULT
ActiveSummary
VDO CONSULT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-6k. Equity is shrinking by ~27.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 44% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability23▼-65
Solvency69▲+9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 1.45 in 2024; short-term debt: 15.1% and cash: 7.8% of total assets), but 56.2% of the assets are financed with debt.
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Signals
Five 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
43.8%
Return on assets
-13.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 7 filingsDeviation from the deadline
2025
10 d late
2024
26 d late
2023
23 d late
2022
59 d late
2021
205 d late
2020
570 d late
2019
122 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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 23.4%
2024 · €24k
Total assets
€42k▼ 38.4%
2024 · €68k
Net result
€-6k
2024 · €10k
Working capital
€9k▼ 7.6%
2024 · €10k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39k▼ 40.3%€-24k€3k€15k▲ 322%€-3k
Net result€40k▼ 29.4%€-1k€2k€10k▲ 317%€-6k
Equity€100k▲ 19.6%€21k▼ 79.0%€23k▲ 11.9%€24k▲ 1.7%€18k▼ 23.4%
Total assets€174k▲ 1.3%€118k▼ 31.8%€35k▼ 70.0%€68k▲ 90.7%€42k▼ 38.4%
Debt€74k▼ 16.0%€98k▲ 31.7%€12k▼ 87.6%€44k▲ 264%€23k▼ 46.5%
Working capital€102k▲ 16.9%€18k▼ 82.6%€16k▼ 10.6%€10k▼ 38.6%€9k▼ 7.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€26k ▼ 27.0%
Current assets
€15k ▼ 51.5%
Equity and liabilities €42k
Equity
€18k ▼ 23.4%
Debt
€23k ▼ 46.5%
Debt's share of the balance-sheet total falls from 64.8% to 56.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €25k
Cash flow
€4k▼
2024 · €21k
Current ratio
2.42▲
2024 · 1.45
Debt to equity
1.29▼
2024 · 1.84
ROE
-30.5%▼
2024 · 43.6%
ROA
-13.4%▼
2024 · 15.3%
Interest coverage
2.47▼
2024 · 10.05
Debt ≤ 1 year
€6k▼
2024 · €22k
Debt > 1 year
€17k▼
2024 · €22k
Income taxes
€131▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €14k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €1k | €10k | €10k | ▼ 4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €20k | - | - | - | - |
| Other operating charges640/8 | €1k | €749 | €793 | €4k | €893 | ▼ 76.2% |
| Gross operating margin9900 | €45k | €3k | €5k | €29k | €8k | ▼ 73.7% |
| Operating profit (loss)9901 | €39k | €-24k | €3k | €15k | €-3k | ▼ 122% |
| Financial income75/76B | €2k | €29k | €2k | €240 | €390 | ▲ 62.5% |
| Recurring financial income75 | €2k | €4k | €2k | €240 | €390 | ▲ 62.5% |
| Non-recurring financial income76B | - | €25k | - | - | - | - |
| Financial charges65/66B | €749 | €638 | €413 | €2k | €3k | ▲ 8.8% |
| Recurring financial charges65 | €749 | €638 | €413 | €2k | €3k | ▲ 8.8% |
| Profit (loss) for the period before taxes9903 | €40k | €5k | €5k | €12k | €-5k | ▼ 144% |
| Income taxes67/77 | - | €6k | €2k | €2k | €131 | ▼ 93.4% |
| Profit (loss) for the period9904 | €40k | €-1k | €2k | €10k | €-6k | ▼ 154% |
| Profit (loss) for the period to be appropriated9905 | €40k | €-1k | €2k | €10k | €-6k | ▼ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €174k | €118k | €35k | €68k | €42k | ▼ 38.4% |
| Fixed assets21/28 | €7k | €3k | €8k | €36k | €26k | ▼ 27.0% |
| Tangible fixed assets22/27 | €7k | €3k | €8k | €36k | €26k | ▼ 27.0% |
| Furniture and vehicles24 | €2k | €2k | €6k | €4k | €2k | ▼ 49.2% |
| Leasing and similar rights25 | €5k | - | - | €31k | €23k | ▼ 24.8% |
| Other tangible fixed assets26 | - | €2k | €1k | €1k | €1k | ▼ 13.3% |
| Current assets29/58 | €166k | €115k | €28k | €31k | €15k | ▼ 51.5% |
| Amounts receivable within one year40/41 | €104k | €98k | €27k | €22k | €10k | ▼ 54.2% |
| Trade receivables40 | €42k | €12k | €12k | €12k | - | - |
| Other amounts receivable41 | €62k | €86k | €14k | €10k | €10k | ▲ 2.8% |
| Cash at bank and in hand54/58 | €60k | €17k | €1k | €8k | €3k | ▼ 57.1% |
| Deferred charges and accrued income490/1 | €2k | €115 | €224 | €2k | €2k | ▲ 9.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €174k | €118k | €35k | €68k | €42k | ▼ 38.4% |
| Equity10/15 | €100k | €21k | €23k | €24k | €18k | ▼ 23.4% |
| Contributions10/11 | €6k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €92k | €479 | €3k | €3k | €-2k | ▼ 166% |
| Amounts payable17/49 | €74k | €98k | €12k | €44k | €23k | ▼ 46.5% |
| Amounts payable after more than one year17 | €9k | - | - | €22k | €17k | ▼ 22.4% |
| Financial debts170/4 | €9k | - | - | €22k | €17k | ▼ 22.4% |
| Amounts payable within one year42/48 | €65k | €98k | €12k | €22k | €6k | ▼ 71.1% |
| Current portion of amounts payable after more than one year42 | - | €8k | - | €5k | €5k | ▲ 7.1% |
| Financial debts43 | €5k | - | - | - | - | - |
| Credit institutions430/8 | €5k | - | - | - | - | - |
| Trade debts44 | €30k | - | €4k | €287 | €1k | ▲ 373% |
| Suppliers440/4 | €30k | - | €4k | €287 | €1k | ▲ 373% |
| Advances received on contracts in progress46 | - | - | - | €1k | - | - |
| Taxes, remuneration and social security45 | €6k | €14k | €8k | €7k | - | - |
| Taxes450/3 | €6k | €14k | €6k | €7k | - | - |
| Remuneration and social security454/9 | - | - | €2k | - | - | - |
| Other amounts payable47/48 | €24k | €77k | - | €9k | - | - |
| Accrued charges and deferred income492/3 | - | - | €13 | €13 | €17 | ▲ 32.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €-1k | €2k | €10k | €-6k | ▼ 154% |
| + Depreciation and write-downs630 | €5k | €6k | €1k | €10k | €10k | ▼ 4.0% |
| Operating cash flow (approximation) | €46k | €5k | €4k | €21k | €4k | ▼ 79.6% |
| Investment in fixed assets (approximation) | - | €-2k | €-5k | €-39k | €0 | ▲ 100% |
| Change in cash | - | €-43k | €-16k | €7k | €-4k | ▼ 166% |
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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 205 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 570 days late
2020
31-12
Financial
Highest result since 2019net €57k ▲27.3%
Operating result €65k, net result €57k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Watermaal-Bosvoorde · 1 establishment unit since 2018
Ground area
108 m²
Building footprint
74 m²
Volume, LiDAR
635 m³
Parcel 21652E0027/00V020, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Onze-Lieve-Heersbeestjeslaan 78, 1170 Watermaal-Bosvoorde
since 20182.272.490.165
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0027/00V020 | Brussels | 108 m² | 1 · 74 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 24,515 companies in sector 82990 we hold annual accounts for 9,413. 5,655 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
Founded23-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.