VDS Smart Solutions
ActiveVDS Smart Solutions has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €82k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 63% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency97▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.82 against 1.82 in 2024; short-term debt: 19.3% and cash: 2% of total assets), and 28.4% 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 62
Relative position
BE, all sectors
reference
Sector 62
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
71.6%
Return on assets
55.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 8 filingsDeviation from the deadline
2025
32 d early
2024
28 d early
2023
29 d early
2022
55 d early
2021
11 d early
2020
26 d early
2019
7 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€106k=
2024 · €106k
2018: €36k
2019: €74k
2020: €122k
2021: €170k
2022: €175k
2023: €122k
2024: €106k
2018 → 2025
Total assets
€148k▼ 31.5%
2024 · €216k
2018: €44k
2019: €116k
2020: €160k
2021: €208k
2022: €190k
2023: €193k
2024: €216k
2018 → 2025
Net result
€82k▲ 6.3%
2024 · €77k
2018: €17k
2019: €39k
2020: €47k
2021: €48k
2022: €53k
2023: €58k
2024: €77k
2018 → 2025
Working capital
€80k▲ 7.2%
2024 · €75k
2018: €30k
2019: €57k
2020: €103k
2021: €150k
2022: €158k
2023: €115k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€170k-€175k▲ 2.8%€122k▼ 30.2%€106k▼ 13.2%€106k=
Operating result€62k-€68k▲ 9.7%€74k▲ 8.7%€95k▲ 28.3%€103k▲ 8.8%
Net result€48k-€53k▲ 10.0%€58k▲ 10.1%€77k▲ 32.5%€82k▲ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €148k
Fixed assets
€39k▼ 20.8%
Current assets
€109k▼ 34.7%
Equity and liabilities €148k
Equity
€106k=
Debt
€42k▼ 61.8%
The debt ratio falls from 51.0% to 28.4%. Debt is lower.
Key figures and ratios
EBITDA
€115k▲
2024 · €104k
Cash flow
€94k▲
2024 · €86k
Solvency
71.6%▲
2024 · 49.0%
Current ratio
3.82▲
2024 · 1.82
Quick ratio
3.82▲
2024 · 1.82
Debt / equity
0.40▼
2024 · 1.04
ROE
77.2%▲
2024 · 72.6%
ROA
55.3%▲
2024 · 35.6%
Interest coverage
124.95▼
2024 · 157.94
Debt
€42k▼
2024 · €110k
Debt ≤ 1 year
€28k▼
2024 · €92k
Debt > 1 year
€13k▼
2024 · €18k
Income taxes
€21k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€216k€148k▼
Fixed assets21/28€49k€39k▼
Tangible fixed assets22/27€49k€39k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€47k€37k▼
Other tangible fixed assets26€728€521▼
Current assets29/58€167k€109k▼
Amounts receivable within one year40/41€23k€21k▼
Trade receivables40€18k€16k▼
Other amounts receivable41€5k€4k▼
Current investments50/53€139k€83k▼
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€216k€148k▼
Equity10/15€106k€106k=
Contributions10/11€19k€19k=
Reserves13€87k€87k=
Distributable reserves133€87k€87k=
Profit (loss) carried forward14-€0
Amounts payable17/49€110k€42k▼
Amounts payable after more than one year17€18k€13k▼
Financial debts170/4€18k€13k▼
Amounts payable within one year42/48€92k€28k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€167€441▲
Other loans439€167€441▲
Trade debts44€397€256▼
Suppliers440/4€397€256▼
Taxes, remuneration and social security45€8k€13k▲
Taxes450/3€8k€13k▲
Other amounts payable47/48€78k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€16k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€449€116▼
Gross operating margin9900€105k€115k▲
Operating profit (loss)9901€95k€103k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€659€921▲
Recurring financial charges65€659€921▲
Profit (loss) for the period before taxes9903€95k€103k▲
Income taxes67/77€19k€21k▲
Profit (loss) for the period9904€77k€82k▲
Profit (loss) for the period to be appropriated9905€77k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€82k▲
Transfer from equity791/2€16k€0▼
Profit to be distributed694/7€93k€82k▼
Return on contributions (dividend)694€93k€82k▼
The notes to these accounts (7 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
10-08
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 3 augustus 2026
- Registered-office move, Rozendreef 103. 9300 Aalst
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €82k ▲6.3%
Operating result €103k, net result €82k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.82
Current ratio from 1.82 to 3.82; short-term debt falls from €92k to €28k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 11.00
Current ratio from 5.17 to 11.00; short-term debt falls from €36k to €16k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €170k ▲39.3%
4 profitable years in a row build equity to €170k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €122k ▲63.7%
3 profitable years in a row build equity to €122k.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2018
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.
Rozendreef 1039300 AalstGround area
525 m²
Building footprint
90 m²
Volume, LiDAR
530 m³
Parcel 41303E0123/00P002, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDS Smart Solutions
since 20182.278.014.811
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303E0123/00P002 | Flanders | 525 m² | 1 · 90 m² | 8.7 m · 2 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.
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 15,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.vdssmartsolutions.com
E-mail:davy.van.den.steen@vdssmartsolutions.com