VDR Finances
ActiveVDR Finances has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €18k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-10
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 6.23 against 5.66 in 2024; short-term debt: 13.2% and cash: 43.8% of total assets), and 13.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.8%
Return on assets
18.6%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
47 d early
2023
45 d early
2022
50 d early
2021
53 d early
2020
77 d early
2019
53 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€207k▲ 19.4%
2024 · €174k
2018: €9k
2019: €8k
2020: €101k
2021: €122k
2022: €123k
2023: €143k
2024: €174k
2018 → 2025
EBIT margin
12.8%▼ 1.3pp
2024 · 14.1%
2018: -37.6%
2019: -61.8%
2020: 0.7%
2021: 5.5%
2022: 6.6%
2023: 9.6%
2024: 14.1%
2018 → 2025
Net result
€18k▼ 9.3%
2024 · €20k
2018: €-7k
2019: €-3k
2020: €469
2021: €5k
2022: €7k
2023: €8k
2024: €20k
2018 → 2025
Working capital
€67k▲ 39.5%
2024 · €48k
2020: €19k
2021: €15k
2022: €18k
2023: €27k
2024: €48k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€122k-€123k▲ 1.0%€143k▲ 16.6%€174k▲ 21.3%€207k▲ 19.4%
Equity€36k-€43k▲ 19.1%€50k▲ 18.0%€69k▲ 37.2%€84k▲ 20.8%
Operating result€7k-€8k▲ 20.8%€14k▲ 68.2%€24k▲ 78.4%€26k▲ 8.0%
Net result€5k-€7k▲ 35.2%€8k▲ 17.2%€20k▲ 145%€18k▼ 9.3%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€17k▼ 20.9%
Current assets
€79k▲ 36.8%
Equity and liabilities €96k
Equity
€84k▲ 20.8%
Debt
€13k▲ 24.2%
The debt ratio rises from 12.9% to 13.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2024 · €33k
Cash flow
€22k▼
2024 · €28k
Solvency
86.8%▼
2024 · 87.1%
Current ratio
6.23▲
2024 · 5.66
Quick ratio
6.23▲
2024 · 5.66
Debt / equity
0.15▲
2024 · 0.15
ROE
21.4%▼
2024 · 28.5%
ROA
18.6%▼
2024 · 24.8%
Interest coverage
232.52▼
2024 · 449.82
Debt
€13k▲
2024 · €10k
Debt ≤ 1 year
€13k▲
2024 · €10k
Income taxes
€8k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€80k€96k▲
Fixed assets21/28€21k€17k▼
Tangible fixed assets22/27€21k€17k▼
Land and buildings22€7k€5k▼
Plant, machinery and equipment23€2k€555▼
Furniture and vehicles24€4k€2k▼
Leasing and similar rights25€9k€9k=
Current assets29/58€58k€79k▲
Amounts receivable within one year40/41€25k€30k▲
Trade receivables40€17k€17k▼
Other amounts receivable41€8k€13k▲
Current investments50/53€4k€7k▲
Cash at bank and in hand54/58€29k€42k▲
Equity and liabilities
Total equity and liabilities10/49€80k€96k▲
Equity10/15€69k€84k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€13k€19k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€11k€17k▲
Profit (loss) carried forward14€38k€46k▲
Amounts payable17/49€10k€13k▲
Amounts payable within one year42/48€10k€13k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€4k€4k=
Income statement
Code20242025
Turnover70€174k€207k▲
Non-recurring operating income76A€2k-
Goods, raw materials, services and sundry goods60/61€138k€172k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€732-
Gross operating margin9900€38k€35k▼
Operating profit (loss)9901€24k€26k▲
Financial income75/76B-€128
Recurring financial income75-€128
Non-recurring financial income76B-€128
Financial charges65/66B€73€868▲
Recurring financial charges65€73€133▲
Non-recurring financial charges66B-€735
Profit (loss) for the period before taxes9903€24k€26k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€20k€18k▼
Profit (loss) for the period to be appropriated9905€20k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€56k▲
Profit (loss) brought forward from the previous period14P€28k€38k▲
Transfer to equity691/2€7k€7k=
To other reserves6921€7k€7k=
Profit to be distributed694/7€4k€4k=
Return on contributions (dividend)694€0-
Directors or managers695€4k€4k=
The notes to these accounts (8 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
04-08
State Gazette act
Capital & sharesShare transfer3 facts ▸
State Gazette act
Capital & shares
Share transfer3 facts ▸
- Share transfer, DROGO Vincenzo → JANSSENS Ingrid
- Share transfer, DROGO Vincenzo → DROGO Flavio
- Share transfer, DROGO Vincenzo → DROGO Matteo
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €20k ▲145%
Net result €20k, the highest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €469
Net result €469 after 2 loss-making years.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2013
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.
Rue Buisseret 417061 SoigniesGround area
1,118 m²
Building footprint
263 m²
Parcel 55006D0398/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VDR Finances SPRL
since 20132.222.959.094
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55006D0398/00W000 | Wallonia | 1,118 m² | 1 · 263 m² | - |
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.
Structure & network
Capital and shareholders
Transfer of 48 shares from DROGO Vincenzo to JANSSENS Ingrid
Transfer of 2 shares from DROGO Vincenzo to DROGO Flavio
Transfer of 2 shares from DROGO Vincenzo to DROGO Matteo
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vdrogo@skynet.be