Summary
VDS SERVICES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €144,958 and a net result of €37,098. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 32% of 2445 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 · 5 filingsDeviation from the deadline
2025
30 d early
2024
72 d early
2023
62 d early
2022
41 d early
2021
20 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?VDS GROUP · 9 companies What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Equity
€144,958▲ 34.4%
2024 · €107,860
Net result
€37,098▲ 84.5%
2024 · €20,111
Total assets
€365,103▲ 101%
2024 · €181,690
Solvency
39.7%▼ 19.7pp
2024 · 59.4%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,951-€3,875▼ 21.7%€26,926▲ 595%€27,108▲ 0.7%€49,888▲ 84.0%
Net result€3,621below the sector's middle half-€2,660below the sector's middle half▼ 26.5%€19,967within the sector's middle half▲ 651%€20,111within the sector's middle half▲ 0.7%€37,098within the sector's middle half▲ 84.5%
Equity€65,121below the sector's middle half-€67,781below the sector's middle half▲ 4.1%€87,749below the sector's middle half▲ 29.5%€107,860below the sector's middle half▲ 22.9%€144,958below the sector's middle half▲ 34.4%
Total assets€112,395below the sector's middle half-€85,856below the sector's middle half▼ 23.6%€146,685below the sector's middle half▲ 70.8%€181,690below the sector's middle half▲ 23.9%€365,103below the sector's middle half▲ 101%
Debt€47,273-€18,075▼ 61.8%€58,936▲ 226%€73,830▲ 25.3%€220,145▲ 198%
Working capital€66,121within the sector's middle half-€70,321within the sector's middle half▲ 6.4%€90,399within the sector's middle half▲ 28.6%€110,572within the sector's middle half▲ 22.3%€192,643within the sector's middle half▲ 74.2%
Solvency57.9%within the sector's middle half-78.9%above the sector's middle half▲ 21.0pp59.8%within the sector's middle half▼ 19.1pp59.4%within the sector's middle half▼ 0.5pp39.7%within the sector's middle half▼ 19.7pp
Current ratio2.43within the sector's middle half-5.53above the sector's middle half▲ 3.102.61within the sector's middle half▼ 2.922.55within the sector's middle half▼ 0.052.12within the sector's middle half▼ 0.44
Return on assets (ROA)3.2%within the sector's middle half-3.1%within the sector's middle half▼ 0.1pp13.6%above the sector's middle half▲ 10.5pp11.1%within the sector's middle half▼ 2.5pp10.2%above the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 84% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €365,103
Equity
€144,958 ▲ 34.4%
Debt
€220,145 ▲ 198%
Debt's share of the balance-sheet total rises from 40.6% to 60.3%. Equity and debt are higher.
Key figures and ratios
ROE
25.6%▲
2024 · 18.6%
Debt ≤ 1 year
€172,459▲
2024 · €71,118
Income taxes
€12,492▲
2024 · €6,708
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €1,375 | €485 | €676 | €534 | €549 | ▲ 2.8% |
| Gross operating margin9900 | €6,326 | €4,361 | €27,602 | €27,642 | €50,438 | ▲ 82.5% |
| Operating profit (loss)9901 | €4,951 | €3,875 | €26,926 | €27,108 | €49,888 | ▲ 84.0% |
| Financial charges65/66B | €123 | €247 | €303 | €288 | €299 | ▲ 3.6% |
| Recurring financial charges65 | €123 | €247 | €303 | €288 | €299 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | €4,829 | €3,628 | €26,623 | €26,819 | €49,590 | ▲ 84.9% |
| Income taxes67/77 | €1,207 | €968 | €6,656 | €6,708 | €12,492 | ▲ 86.2% |
| Profit (loss) for the period9904 | €3,621 | €2,660 | €19,967 | €20,111 | €37,098 | ▲ 84.5% |
| Profit (loss) for the period to be appropriated9905 | €3,621 | €2,660 | €19,967 | €20,111 | €37,098 | ▲ 84.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,395 | €85,856 | €146,685 | €181,690 | €365,103 | ▲ 101% |
| Current assets29/58 | €112,395 | €85,856 | €146,685 | €181,690 | €365,103 | ▲ 101% |
| Amounts receivable within one year40/41 | €8,454 | €69,526 | €97,446 | €28,651 | €210,936 | ▲ 636% |
| Trade receivables40 | - | €62,876 | €74,208 | €9,700 | €198,699 | ▲ 1,948% |
| Other amounts receivable41 | €8,454 | €6,649 | €23,238 | €18,951 | €12,236 | ▼ 35.4% |
| Cash at bank and in hand54/58 | €103,940 | €15,957 | €48,865 | €152,666 | €153,794 | ▲ 0.7% |
| Deferred charges and accrued income490/1 | - | €374 | €374 | €373 | €374 | ▲ 0.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,395 | €85,856 | €146,685 | €181,690 | €365,103 | ▲ 101% |
| Equity10/15 | €65,121 | €67,781 | €87,749 | €107,860 | €144,958 | ▲ 34.4% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €3,621 | €6,281 | €26,249 | €46,360 | €83,458 | ▲ 80.0% |
| Non-distributable reserves130/1 | €181 | €314 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €181 | €314 | €6,150 | €6,150 | €6,150 | = |
| Distributable reserves133 | €3,440 | €5,967 | €20,099 | €40,210 | €77,308 | ▲ 92.3% |
| Amounts payable17/49 | €47,273 | €18,075 | €58,936 | €73,830 | €220,145 | ▲ 198% |
| Amounts payable within one year42/48 | €46,273 | €15,535 | €56,286 | €71,118 | €172,459 | ▲ 142% |
| Trade debts44 | €46,273 | €14,567 | €54,630 | €67,754 | €171,468 | ▲ 153% |
| Suppliers440/4 | €46,273 | €14,567 | €54,630 | €67,754 | €171,468 | ▲ 153% |
| Taxes, remuneration and social security45 | - | €968 | €1,656 | €3,364 | €992 | ▼ 70.5% |
| Taxes450/3 | - | €968 | €1,656 | €3,364 | €992 | ▼ 70.5% |
| Accrued charges and deferred income492/3 | €1,000 | €2,540 | €2,650 | €2,712 | €47,686 | ▲ 1,658% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,621 | €2,660 | €19,967 | €20,111 | €37,098 | ▲ 84.5% |
| Operating cash flow (approximation) | €3,621 | €2,660 | €19,967 | €20,111 | €37,098 | ▲ 84.5% |
| Change in cash | - | -€87,984 | €32,908 | €103,801 | €1,128 | ▼ 98.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2021net €37,098 ▲84.5%
Operating result €49,888, net result €37,098, both a record.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100,000Eq €107,860 ▲22.9%
4 profitable years in a row build equity to €107,860.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €2,660 ▼26.5%
Net result drops to €2,660, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.53
Current ratio from 2.43 to 5.53; short-term debt falls from €46,273 to €15,535.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Lummen · 1 establishment unit since 2020
Ground area
3.3 ha
Building footprint
4,115 m²
Volume, LiDAR
24,632 m³
Parcel 71037A0424/00L000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
VDS SERVICES
since 20202.303.596.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037A0424/00L000 | Flanders | 3.3 ha | 1 · 4,115 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
Part of the group
VDS GROUP
9 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
- VDS GROUP
- VDS SERVICES
Highest known parent: VDS GROUP. The sources do not say who stands above it.
Owners 2
- VDS GROUPparentSourceaccounts VDS GROUP 202585.04%
-
14.96%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
LIEBEN
BE 0794.705.756
Beveren-Kruibeke-Zwijndrecht · Eq €145,027
AECK CORP
BE 0773.466.419
Zedelgem · Eq €144,850
RGLOBAL
BE 0783.606.085
Hamont-Achel · Eq €145,099
UNIQUE BUSINESS CONCEPTS
BE 0500.876.821
Merksplas · Eq €145,099
RASCOMAT TECHNICS
BE 0847.911.939
Alken · Eq €144,781
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,167 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745858041
Also
9925:BE0745858041
Registered
18-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.