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VDO TECHNICS

Active Private limited company (pre-2019)founded 1996active for 29 yearsDronckaertstraat 194, 8930 MenenKBO/BCE: BE 0459.288.961

Lifetime

20 annual accounts with figures on one time axis, 29 filings since 1997
peak €425,239 (2008)
€211,204▲ 2.1%
lowest -€94,969 (2018)
€18,455▲ 75.2%
peak €106,208 (2009)
€78,710▲ 30.6%
€117,861▼ 36.5%
peak 10 FTE (2006)
-not published
Board1 name since 2022
1 directorVANDERROOST Philippe
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Result from €10,534 to €18,455Equity from €60,256 to €78,710Debts from €185,688 to €117,861

Key points

from the 2025 annual accounts

Turnover

≈ €660,000 estimated

The micro format states no turnover.

Staff

3 FTE from 10 in 2006

Between 2006 and 2025, 70% of the full-time equivalents disappeared.

Filings

29 annual accounts 61 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

68
Healthy
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.2% 01-2025: 2.0%▼ -0.2 percentage points vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 2.1%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.3 percentage points vs 06-2025 08-2025: 2.7%▲ +0.4 percentage points vs 07-2025 09-2025: 2.8%▲ +0.1 percentage points vs 08-2025 10-2025: 3.1%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 0.9%▼ -2.2 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.5 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 0.8%▼ -0.8 percentage points vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value

Financial strength
Strong

65+16equity 40.0% of total assets
34+10short-term debt 56.3% · cash 10.0%
80+6return on assets 9.4%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Size: total assets €196,572
lowers risk
Founded in 1996
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 43, micro). It does better than 43% of them on solvency, 22% on liquidity, 60% on profitability and 75% 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 low class on 30-06-2025, 0.8% 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, 31,368 companies had the same profile as VDO TECHNICS has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of VDO TECHNICS itself is higher: 0.8% within 12 months. It rests on far more data about VDO TECHNICS 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for VDO TECHNICS. 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 €5,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.66 (1.27 in 2024), above the usual 1.5. Short-term debt is 56.3% and cash 10% of total assets. However, 60% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1996
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €196,572
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
60 days late
2023
61 days late
2022
3 days early
2021
2 days early
2020
2 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 29 September (4 of the last 5 accounts filed within 62 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VP
VANDERROOST Philippe
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0459288961
First establishment Dronckaertstraat 194, Menen
Incorporation published on 03-12-1996 · Gazette deed
All 37 events

Comparable companies

same main activity, similar in size and age
Company
VDO TECHNICS Menen €196,572 €211,204 40.0% -
MANU DEMESMAEKER Halle €228,192 €210,520 38.6% -
VERHAMME CHRISTOPHE Kortrijk €190,439 €182,980 46.5% -
VAN CLEYNENBREUGEL BART Holsbeek €218,782 €192,682 80.2% -
AIRSYS Boutersem €224,773 €201,309 40.3% -
TORDEURS - GREENGY Montigny-le-Tilleul €186,192 €257,378 27.3% -
CLAUDE SAPART and Co Wezembeek-Oppem €193,558 €151,814 20.2% -

These companies have the same main activity as VDO TECHNICS: plumbing work (NACE 43221). They are comparable in size and age: total assets between €186,000 and €228,000, founded between 1993 and 2002.

Official details

Source: KBO
Status
Active since 22-11-1996Normal situation
Activity
Plumbing workNACE 43221and 2 others
Joint committee
149.01Electricians: installation and distribution · annual accounts 2025
Establishment unit
2.079.445.1218930 Menen, since 11-12-1996
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

€196,572▼ 20.1%
Employeeson 31-12-2025
3=
Filing
Filed on 30-09-2026
Financials

Insights on VDO TECHNICS

VDO TECHNICS files the micro format. That format states no turnover. The gross margin fell from €377,375 in 2006 to €211,204 in 2025.

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 VDO TECHNICS

What is the company number of VDO TECHNICS?
The company number of VDO TECHNICS is 0459.288.961. The VAT number is the same number with BE in front: BE 0459.288.961.
Where is VDO TECHNICS based?
The registered office is at Dronckaertstraat 194, 8930 Menen.Company details
What does VDO TECHNICS do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of VDO TECHNICS?
VDO TECHNICS is a private limited company (pre-2019) (BVBA).
When was VDO TECHNICS founded?
VDO TECHNICS was founded on 22-11-1996.
Is VDO TECHNICS still active?
Yes, VDO TECHNICS is an active enterprise in the KBO register.
How many employees does VDO TECHNICS have?
VDO TECHNICS had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VDO TECHNICS fall under?
In its 2025 annual accounts, VDO TECHNICS states joint committee 149.01 (Electricians: installation and distribution).
What is the turnover of VDO TECHNICS?
The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €211,204 and 86 comparable companies (NACE 432). It probably lies between €530,000 and €800,000.
Is VDO TECHNICS profitable?
In financial year 2025, VDO TECHNICS made a profit of €18,455.
Where can I find the annual accounts of VDO TECHNICS?
VDO TECHNICS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VDO TECHNICS due?
VDO TECHNICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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