VDP Paints
ActiveThe computed 12-month bankruptcy probability of VDP Paints is 2.6% (moderate). The 2024 annual accounts show equity of €32k and a net result of €26k. Its solvency ranks better than 83% of 7446 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency98
Growth-
Track record67
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.46; short-term debt: 26.7% and cash: 15.1% of total assets), and 26.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 1 filingDeviation from the deadline
2024
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€32k
Total assets
€44k
Net result
€26k
Working capital
€29k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €44k
Fixed assets
€3k
Current assets
€41k
Equity and liabilities €44k
Equity
€32k
Debt
€12k
Debt finances 26.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€35k
Cash flow
€27k
Solvency
73.3%
Current ratio
3.46
Quick ratio
3.46
Debt / equity
0.36
ROE
81.5%
ROA
59.8%
Interest coverage
84.51
Debt
€12k
Debt ≤ 1 year
€12k
Income taxes
€9k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€44k
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Land and buildings22€3k
Current assets29/58€41k
Amounts receivable within one year40/41€33k
Trade receivables40€528
Other amounts receivable41€33k
Cash at bank and in hand54/58€7k
Deferred charges and accrued income490/1€1k
Equity and liabilities
Total equity and liabilities10/49€44k
Equity10/15€32k
Contributions10/11€6k
Profit (loss) carried forward14€26k
Amounts payable17/49€12k
Amounts payable within one year42/48€12k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€9k
Taxes450/3€9k
Remuneration and social security454/9€500
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186
Other operating charges640/8€771
Gross operating margin9900€35k
Operating profit (loss)9901€34k
Financial income75/76B€1k
Recurring financial income75€1k
Financial charges65/66B€408
Recurring financial charges65€408
Profit (loss) for the period before taxes9903€35k
Income taxes67/77€9k
Profit (loss) for the period9904€26k
Profit (loss) for the period to be appropriated9905€26k
Appropriation of the result
Profit (loss) to be appropriated9906€26k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2023
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.
Waterstraat 879040 GentGround area
953 m²
Building footprint
85 m²
Volume, LiDAR
457 m³
Parcel 44061B1698/00L002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDP Paints
since 20232.352.935.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B1698/00L002 | Flanders | 953 m² | 1 · 85 m² | 8.9 m · 2 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
Skadi Group
BE 1024.316.535
Lanaken · Eq €32k
DANNY PLATTI WONINGDECORATIE
BE 0472.756.323
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OHANA LS
BE 0803.887.993
Sint-Pieters-Woluwe · Eq €33k
KM PROJECTS
BE 0724.815.177
Wachtebeke · Eq €33k
Y&B PAINTING
BE 0801.725.784
Antwerpen · Eq €33k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,247 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2023
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
43342Specialised construction activities
43350Other building finishing work
47526Retail trade
47530Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.