VDS
The computed 12-month bankruptcy probability of VDS is 0.9% (low). The 2024 annual accounts show equity of €967k and a net result of €114k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 977 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €967k |
| Net result | €114k |
| Staff (FTE) | 2.6 |
| Better than sector | 54% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 38.1% | 35.4% | |
| Net result | €114k | €29k | |
| Equity | €967k | €118k | |
| Gross operating margin | €362k | €173k | |
| Staff costs | €139k | €195k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €220k |
| Net profit | €114k |
| Cash flow | €182k |
| Staff costs | €139k |
| Income taxes | €39k |
| Dividends | - |
| Total assets | €2.54M |
| Equity | €967k |
| Debt | €1.57M |
| of which ≤ 1y | €585k |
| of which > 1y | €979k |
| Working capital | €704k |
| Employees (FTE) | 2.6 |
| 2024 | |
|---|---|
| Current ratio | 2.20 |
| Quick ratio | 2.19 |
| Working capital ratio | 27.7% |
| Solvency | 38.1% |
| Debt / equity | 1.63 |
| Long-term debt ratio | 1.01 |
| Interest coverage | 4.93 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.5% |
| ROE | 11.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.54M |
| Fixed assets | 21/28 | €1.25M |
| Tangible fixed assets | 22/27 | €1.25M |
| Financial fixed assets | 28 | €0 |
| Current assets | 29/58 | €1.29M |
| Stocks & contracts in progress | 3 | €5k |
| Amounts receivable within one year | 40/41 | €1.11M |
| Cash & bank | 54/58 | €166k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.54M |
| Equity | 10/15 | €967k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €960k |
| Accumulated profits (losses) | 14 | €550 |
| Amounts payable | 17/49 | €1.57M |
| Amounts payable after one year | 17 | €979k |
| Amounts payable within one year | 42/48 | €585k |
| Trade debts payable within one year | 44 | €147k |
| Income statement | ||
| Gross operating margin | 9900 | €362k |
| Operating result | 9901 | €152k |
| Financial income | 75 | €45k |
| Financial charges | 65 | €45k |
| Result before taxes | 9903 | €152k |
| Income taxes | 67/77 | €39k |
| Net result for the period | 9904 | €114k |
| Result to be appropriated | 9905 | €114k |
| NACE primary | Specialised construction(43230) |
| Legal form | Private limited company(610) |
| Incorporation | 15-11-2012 |
| Status | Active |
| Postal code | 9090 |
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. |
|---|---|---|---|---|
| 44402B0132/00R002 | Flanders | 1.1 ha | 1 · 2,262 m² | 3.5 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-06-2024 2 directors appointed, 1 resigning
- Nivacor, Bestuurder
- Niek VANDERSTRAETEN, Vaste vertegenwoordiger
- Niek VANDERSTRAETEN, Bestuurder
Technical details
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}02-04-2024 Thomas VANDERSTRAETEN resigns as director
- Thomas VANDERSTRAETEN, Bestuurder
Technical details
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}24-01-2022 Registered office moved from Gent to Melle
- Oude Brusselseweg 152 bus B, 9050 Gent → Zwaantjesstraat 40A 9090 Melle
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VDS |