VDP & C°
ActiveSummary
VDP & C° has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325k and a net result of €-11k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 28% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-27
Solvency52▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.21 in 2024; short-term debt: 33.7% and cash: 3.5% of total assets), and 73.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
22 d late
2023
223 d late
2022
335 d late
2021
46 d late
2020
1 d late
2019
35 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€1.22M▼ 7.2%
2024 · €1.32M
2019: €1.29M
2020: €1.31M
2021: €1.46M
2022: €1.48M
2023: €1.43M
2024: €1.32M
2019 → 2025
Net result
€-11k
2024 · €16k
2019: €25k
2020: €9k
2021: €57k
2022: €-33k
2023: €48k
2024: €16k
2019 → 2025
Working capital
€-326k▲ 5.3%
2024 · €-345k
2019: €-296k
2020: €-283k
2021: €-343k
2022: €-445k
2023: €-360k
2024: €-345k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0
Equity€306k-€240k▼ 21.5%€320k▲ 33.5%€336k▲ 5.0%€325k▼ 3.3%
Operating result€91k-€-14k€97k€47k▼ 51.9%€34k▼ 27.6%
Net result€57k-€-33k€48k€16k▼ 66.1%€-11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€1.14M ▼ 7.3%
Current assets
€85k ▼ 6.7%
Equity and liabilities €1.22M
Equity
€325k ▼ 3.3%
Debt
€897k ▼ 8.6%
Debt's share of the balance-sheet total falls from 74.5% to 73.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€117k▼
2024 · €146k
Cash flow
€72k▼
2024 · €115k
Current ratio
0.21▼
2024 · 0.21
Quick ratio
0.17▼
2024 · 0.18
Debt to equity
2.76▼
2024 · 2.92
ROE
-3.4%▼
2024 · 4.8%
ROA
-0.9%▼
2024 · 1.2%
Interest coverage
3.10▼
2024 · 6.98
Debt ≤ 1 year
€412k▼
2024 · €436k
Debt > 1 year
€486k▼
2024 · €545k
Income taxes
€7k▼
2024 · €10k
Staff costs
€382k▲
2024 · €379k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.32M€1.22M▼
Formation expenses20-€0
Fixed assets21/28€1.23M€1.14M▼
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€1.22M€1.14M▼
Land and buildings22€1.12M€1.06M▼
Plant, machinery and equipment23€40k€32k▼
Furniture and vehicles24€39k€23k▼
Leasing and similar rights25€25k€19k▼
Financial fixed assets28€146€146=
Current assets29/58€92k€85k▼
Stocks and contracts in progress3€12k€14k▲
Stocks30/36€12k€14k▲
Amounts receivable within one year40/41€21k€20k▼
Trade receivables40€21k€16k▼
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€51k€43k▼
Deferred charges and accrued income490/1€8k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.32M€1.22M▼
Equity10/15€336k€325k▼
Contributions10/11€269k€269k=
Reserves13€68k€20k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€66k€18k▼
Profit (loss) carried forward14-€37k
Amounts payable17/49€981k€897k▼
Amounts payable after more than one year17€545k€486k▼
Financial debts170/4€545k€486k▼
Amounts payable within one year42/48€436k€412k▼
Current portion of amounts payable after more than one year42€80k€103k▲
Trade debts44€70k€82k▲
Suppliers440/4€70k€82k▲
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€150k€106k▼
Taxes450/3€102k€56k▼
Remuneration and social security454/9€48k€50k▲
Other amounts payable47/48€136k€121k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Turnover70€0-
Non-recurring operating income76A€0€18k▲
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62€379k€382k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€83k▼
Other operating charges640/8€6k€22k▲
Gross operating margin9900€530k€521k▼
Operating profit (loss)9901€47k€34k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€21k€38k▲
Recurring financial charges65€21k€38k▲
Profit (loss) for the period before taxes9903€26k€-4k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€16k€-11k▼
Profit (loss) for the period to be appropriated9905€16k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-11k▼
Transfer from equity791/2-€48k
Transfer to equity691/2€16k-
To other reserves6921€16k-
Social balance
Average headcount (FTE)90877.8-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 223 days late
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 335 days late
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
2022
31-12
Financial
Weakest financial yearnet €-33k ▼158%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
31-12
Financial
Highest result since 2019net €57k ▲510%
Net result €57k, the highest in the series.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Pieters-Leeuw · 1 establishment unit since 1999
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Klein-Bijgaardenstraat 221600 Sint-Pieters-LeeuwGround area
763 m²
Building footprint
437 m²
Volume, LiDAR
1,855 m³
Parcel 23077C0321/00A004, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VDP & C°// Aquastelle
since 19992.092.437.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077C0321/00A004 | Flanders | 763 m² | 1 · 437 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FUTURAS Bouw
BE 0430.014.262
Aartselaar · Eq €325,059
ACEKA
BE 0885.386.306
Eupen · Eq €325,689
D+ CONSTRUCT
BE 0644.667.740
Beersel · Eq €325,715
QUATAERT DAVID
BE 0480.689.141
De Haan · Eq €325,762
SOILTEK SCHROEFPALEN
BE 0886.838.138
Gent · Eq €324,543
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,276 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-1999
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
96220Beauty care and other beauty treatments
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.