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VDS CONCEPTS

Active
Public limited companyfounded 198739 yrs activePrins Albertlaan 65, 8870 Izegem, BelgiumKBO/BCE: BE 0431.984.649
Summary

VDS CONCEPTS has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of €32,967. Equity remains stable across the filed fiscal years (±1.8% per year). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
VDS CONCEPTSActiveChecked score 89/100
Risk analysis ReportCompare

Overview

What they do
Machining of metals
NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620NACE 28520
1 site
How big
€2.2mtotal assets 2024
Staff
4.9 FTE
Equity
€2.0m
Profit
€32,967
Turnover not published (abridged schema)
Financially healthy?
89 Excellent Checked score 2024
Bankruptcy chance 12 m
0.2%
Who decides
Parent
VANAMARENCO · 99.87%
Accounts 32 d early0 of 3 deeds read
Why 89- Figures for FY 2024 (filed 30-06-2025)+ Founded in 1987+ Liquidity: current ratio 7.22, cash €281,050+ Equity €2.0m (89.9% of total assets)Show the evidence

Checked score

Score 2024
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 59% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 100=
equity 89.9% of total assets
Liquidity 66+9
short-term debt 10.1% · cash 12.7%
Profitability 71-5
return on assets 1.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,665 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -2.7% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +2.7% vs 03-2025 05-2025: 0.1%▲ +8.0% vs 04-2025 06-2025: 0.1%▲ +11.1% vs 05-2025 07-2025: 0.1%▼ -44.4% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%▲ +2.0% vs 05-2026 07-2026: 0.1%▲ +9.8% vs 06-2026 08-2026: 0.1%▲ +92.9% vs 07-2026 09-2026: 0.1%▲ +22.2% vs 08-2026 10-2026: 0.2%▲ +60.6% vs 09-2026highest value
  • Figures for FY 2024 (filed 30-06-2025) raises the probability
  • Founded in 1987 lowers the probability for this profile
  • Liquidity: current ratio 7.22, cash €281,050 lowers the probability
  • Equity €2.0m (89.9% of total assets) lowers the probability
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 7.22 against 4.08 in 2023; short-term debt: 10.1% and cash: 12.7% of total assets), and 10.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 90%, liquidity 66%, profitability 40%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 30-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1987
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 7.22, cash €281,050
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €2.0m (89.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
31 d early
2023
30 d early
2022
31 d early
2021
29 d late
2020
23 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: Result fell in 2024from €131,367 to €32,967 ▼ 74.9% View
  • Controlled by VANAMARENCO 99.87% View
  • Positive: 7 profitable years in a rowprofit 2024: €32,967 7 years View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2024
Total assets
€2.2m
Profit
€32,967
Solvency
89.9%
Total assets▼ 6.9%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 29-06-2026Annual accounts filed
  2. 30-06-2025Annual accounts filed
  3. 01-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Machining of metalsNACE 25530
Founded
30-09-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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