Two of the last ten came late. The 2018 accounts came latest: 22 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as VDP has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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
2.9%
3.1%
10
5.6%
6.1%
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 14,768 companies, not a prediction for VDP. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
2 directors resigning, 2 reappointments
Resignations: Hidden nameVisible after signing in and Name after signing inVisible after signing in · Reappointments: Name hiddenVisible after signing in and Hidden nameVisible after signing in · “Onderneming in onroerende goederen, omvattende de aankoop, het bouwen, het oprichten, uitrusten, ombouwen…” (deed in Dutch) · General meeting of 12-12-2023 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Oosterzele
Environmental permit granted
Bouwen of herbouwen · Oosterzele
1 director appointed, 2 reappointments
Reappointments: Name after signing inVisible after signing in (managing director) and Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (managing director) · General meeting of 25-05-2019 · Gazette deed
“Onderneming in onroerende goederen, omvattende de aankoop, het bouwen, het oprichten, uitrusten, ombouwen, afbreken…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.022.129.0099090 Merelbeke-Melle, since 01-05-1983
The company number of VDP is 0423.956.613. The VAT number is the same number with BE in front: BE 0423.956.613.
Where is VDP based?
The registered office is at Heusdenbaan 50, 9090 Merelbeke-Melle.Company details
What is the legal form of VDP?
VDP is a private limited company (BV).
When was VDP founded?
VDP was founded on 09-03-1983.
Is VDP still active?
Yes, VDP is an active enterprise in the KBO register.
What is the turnover of VDP?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €78,000 and 2,982 comparable companies of the same size. It probably lies between €150,000 and €400,000. It is a rough estimate.Financials
Is VDP profitable?
In financial year 2025, VDP made a profit of €47,697.
Where can I find the annual accounts of VDP?
VDP filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VDP due?
VDP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline