Equity
€10.1m ▲ 2.7%
VDS PROPERTIES has made a profit without a break since 2012.
VDS PROPERTIES
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €1.1m (2023)
€785,915▼ 22.7%
lowest -€35,939 (2011)
€264,334▼ 41.7%
peak €10.1m (2025)
€10.1m▲ 2.7%
€25,124▼ 0.9%
Board10 names since 2020
4 directorsJANSSEN Marie Josée Jacqueline and 3 others
Owners
99.68%VDS GROUP
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
Gross margin from €1.0m to €785,915Result from €453,127 to €264,334Reappointment: BV Foederer DFK Bedrijfsrevisoren (statutory a… 19-08Cash from €1.8m to €2.5m
Key points
from the 2025 annual accountsResult
€264,334 ▼ 41.7%
The result fell in 2025: the 2024 profit included a one-off income of €240,986.
Investments
€31,769 0.1 × depreciation
Green is investment, beige is depreciation.
Filings
32 annual accounts since 1994
Two of the last ten came late. The 2017 accounts came latest: 30 days after the end of the period.
At the same address
33 companies
Position in the sector
97.9%
Higher solvency than 94% of companies in real estate. Sector median 38.2% · 5,810 companies.
Checked score
98
Excellent
Financially stronger than 82% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025highest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €10.3m
Liquidity: current ratio 124.94, cash €2.5m
Equity €10.1m (97.9% of total assets)
Figures for financial year 2025 (filed on 01-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 92% of them on solvency, 96% on liquidity, 82% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as VDS PROPERTIES has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of VDS PROPERTIES itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for VDS PROPERTIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €950,000 on 30-day terms is acceptable
Short-term debt is 0.2% and cash 24% of total assets. 2.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
37 days early
2023
43 days early
2022
41 days early
2021
22 days early
2020
15 days early
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 29 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Reappointments: Michel Vanderstraeten (managing director) and Marie Janssen (director)
General meeting of 30-06-2026 · Gazette deed
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwbouw of aanleggen and 1 more · Lummen
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0450290034
Reappointment: BV Foederer DFK Bedrijfsrevisoren (statutory auditor)
Permanent representative: Pascal Daelemans · General meeting of 30-05-2025 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as VDS PROPERTIES: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €8.3m and €13m, founded between 1990 and 1995.
Official details
Source: KBO- Status
- Active since 09-06-1993Normal situation
- Registered office
- 34 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Development of residential building projectsNACE 68121
- Establishment unit
- 2.312.601.7443560 Lummen, since 09-06-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2025
Annual accounts 2025
- ≈ €1.4mestimated
- €10.3m▲ 2.6%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on VDS PROPERTIES
VDS PROPERTIES has existed since 1993. The present size dates from 2021. The gross margin rose that year from €240,517 to €512,714.
VDS GROUP holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VDS PROPERTIES
- What is the company number of VDS PROPERTIES?
- The company number of VDS PROPERTIES is 0450.290.034. The VAT number is the same number with BE in front: BE 0450.290.034.
- Where is VDS PROPERTIES based?
- The registered office is at Europaweg 11, 3560 Lummen.Company details
- What does VDS PROPERTIES do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of VDS PROPERTIES?
- VDS PROPERTIES is a public limited company (NV).
- When was VDS PROPERTIES founded?
- VDS PROPERTIES was founded on 09-06-1993.
- Is VDS PROPERTIES still active?
- Yes, VDS PROPERTIES is an active enterprise in the KBO register.
- What is the turnover of VDS PROPERTIES?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €785,915 and 40 comparable companies (NACE 681). It probably lies between €1.1m and €2.3m.Financials
- Is VDS PROPERTIES profitable?
- In financial year 2025, VDS PROPERTIES made a profit of €264,334.
- Where can I find the annual accounts of VDS PROPERTIES?
- VDS PROPERTIES filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VDS PROPERTIES due?
- VDS PROPERTIES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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