VDP development
VDP development is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €88k and a net result of €54k. Equity is growing by ~60.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 3135 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €88k |
| Net result | €54k |
| Better than sector | 54% |
| Active | 4 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.5% | 52.4% | |
| Net result | €54k | €32k | |
| Equity | €88k | €75k | |
| Gross operating margin | €70k | €52k | |
| Total assets | €153k | €191k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €54k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €13k |
| Dividends | - |
| Total assets | €153k |
| Equity | €88k |
| Debt | €65k |
| of which ≤ 1y | €62k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 57.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 35.5% |
| ROE | 61.8% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €153k |
| Fixed assets | 21/28 | €63k |
| Tangible fixed assets | 22/27 | €18k |
| Financial fixed assets | 28 | €45k |
| Current assets | 29/58 | €91k |
| Amounts receivable within one year | 40/41 | €81k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €153k |
| Equity | 10/15 | €88k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €85k |
| Amounts payable | 17/49 | €65k |
| Amounts payable within one year | 42/48 | €62k |
| Trade debts payable within one year | 44 | €24k |
| Income statement | ||
| Gross operating margin | 9900 | €70k |
| Operating result | 9901 | €68k |
| Financial charges | 65 | €264 |
| Result before taxes | 9903 | €68k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €54k |
| Result to be appropriated | 9905 | €54k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 09-12-2021 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0589/00M000 | Flanders | 933 m² | 1 · 72 m² | 12.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-11-2024 Registered office moved from Heusden-Zolder to Hasselt
- Broederspad 15 : 3550 Heusden-Zolder → 3500 Hasselt, Capucienenstraat 25/0006
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "3500 Hasselt, Capucienenstraat 25/0006",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Capucienenstraat",
"country": "BE",
"postcode": "3500",
"box_number": "0006",
"street_number": "25",
"locality_suffix": null
},
"old_address": {
"raw": "Broederspad 15 : 3550 Heusden-Zolder",
"city": "Heusden-Zolder",
"region": "vlaams_gewest",
"street": "Broederspad",
"country": "BE",
"postcode": "3550",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": null,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Marijke Mellaerts",
"firm_city": null,
"firm_name": null,
"office_city": "Beringen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-21",
"filing_date": "2024-11-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-11-14",
"unanimous": true
},
"subject_company": {
"kbo": "0778.412.627",
"name_full": "VDP development",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "FinFisco NV",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde statuten",
"verslag van de bestuurder"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VDP development |