VDS Group
ActiveSummary
VDS Group has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €10k. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-5
Solvency31▲+1
Growth78=
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 short (current ratio 0.28 against 0.3 in 2024; short-term debt: 94.2% and cash: 0.5% of total assets), and 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
5.8%
Return on assets
0.3%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8663 sector peers (2025).
NBB · sector comparisonPosition among 8663 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
29 d early
2022
31 d late
2021
57 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▼ 85.5%
2024 · €65k
2018: €4k
2019: €35k
2020: €-110k
2021: €106k
2022: €12k
2023: €21k
2024: €65k
2018 → 2025
Working capital
€-1.94M▲ 0.5%
2024 · €-1.95M
2018: €-1.98M
2019: €-2.04M
2020: €-2.15M
2021: €-2.05M
2022: €-2.03M
2023: €-2.01M
2024: €-1.95M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€71k▲ 21.4%€91k▲ 28.9%€157k▲ 71.6%€166k▲ 6.1%
Operating result€115k-€32k▼ 71.8%€131k▲ 305%€197k▲ 50.4%€117k▼ 40.3%
Net result€106k-€12k▼ 88.2%€21k▲ 64.3%€65k▲ 219%€10k▼ 85.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.87M
Fixed assets
€2.10M =
Current assets
€771k ▼ 7.2%
Equity and liabilities €2.87M
Equity
€166k ▲ 6.1%
Debt
€2.71M ▼ 2.5%
Debt's share of the balance-sheet total falls from 94.7% to 94.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.28▼
2024 · 0.30
Debt to equity
16.29▼
2024 · 17.72
ROE
5.7%▼
2024 · 41.7%
ROA
0.3%▼
2024 · 2.2%
Debt ≤ 1 year
€2.71M▼
2024 · €2.78M
Income taxes
€3k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.94M€2.87M▼
Fixed assets21/28€2.10M€2.10M=
Financial fixed assets28€2.10M€2.10M=
Current assets29/58€832k€771k▼
Amounts receivable within one year40/41€247k€532k▲
Other amounts receivable41€247k€532k▲
Cash at bank and in hand54/58€15k€15k▼
Deferred charges and accrued income490/1€570k€225k▼
Equity and liabilities
Total equity and liabilities10/49€2.94M€2.87M▼
Equity10/15€157k€166k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€135k€144k▲
Amounts payable17/49€2.78M€2.71M▼
Amounts payable within one year42/48€2.78M€2.71M▼
Trade debts44€4k€661▼
Suppliers440/4€4k€661▼
Taxes, remuneration and social security45€103k€59k▼
Taxes450/3€96k€59k▼
Remuneration and social security454/9€7k-
Other amounts payable47/48€2.67M€2.65M▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Other operating charges640/8€968€1k▲
Gross operating margin9900€198k€118k▼
Operating profit (loss)9901€197k€117k▼
Financial income75/76B€11€25▲
Recurring financial income75€11€25▲
Financial charges65/66B€107k€104k▼
Recurring financial charges65€107k€104k▼
Profit (loss) for the period before taxes9903€90k€13k▼
Income taxes67/77€25k€3k▼
Profit (loss) for the period9904€65k€10k▼
Profit (loss) for the period to be appropriated9905€65k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€135k€144k▲
Profit (loss) brought forward from the previous period14P€69k€135k▲
The notes to these accounts (3 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial
Equity above €150kEq €157k ▲71.6%
4 profitable years in a row build equity to €157k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Back to profitnet €106k
Net result €106k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-110k ▼416%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Brussel
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.
Boterstraat 211000 BrusselGround area
105 m²
Building footprint
85 m²
Volume, LiDAR
985 m³
Parcel 21004A0343/00D000, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0343/00D000 | Brussels | 105 m² | 1 · 85 m² | 14.8 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.