VDSA Solutions
ActiveSummary
VDSA Solutions has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €535k and a net result of €198k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+43
Solvency71▲+15
Growth67▲+21
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 1.82 in 2024; short-term debt: 36.7% and cash: 3.8% of total assets), but 53.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
46.3%
Return on assets
17.1%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
30 d late
2023
47 d late
2022
72 d late
2021
31 d late
2020
31 d late
2019
95 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
€3.09M▲ 30.5%
2024 · €2.37M
2018: €2.35M
2019: €2.53M
2020: €3.12M
2021: €2.74M
2022: €1.78M
2023: €2.58M
2024: €2.37M
2018 → 2025
EBIT margin
11.0%▲ 7.9pp
2024 · 3.1%
2018: 3.5%
2019: 1.9%
2020: 1.8%
2021: 2.7%
2022: 2.6%
2023: 2.6%
2024: 3.1%
2018 → 2025
Net result
€198k▲ 827%
2024 · €21k
2018: €46k
2019: €18k
2020: €26k
2021: €28k
2022: €14k
2023: €11k
2024: €21k
2018 → 2025
Working capital
€610k▲ 39.5%
2024 · €438k
2018: €53k
2019: €6k
2020: €150k
2021: €46k
2022: €89k
2023: €235k
2024: €438k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.74M-€1.78M▼ 35.2%€2.58M▲ 45.4%€2.37M▼ 8.2%€3.09M▲ 30.5%
Equity€291k-€305k▲ 4.9%€316k▲ 3.4%€337k▲ 6.8%€535k▲ 58.7%
Operating result€74k-€46k▼ 36.9%€68k▲ 46.7%€73k▲ 7.7%€341k▲ 365%
Net result€28k-€14k▼ 48.2%€11k▼ 25.8%€21k▲ 102%€198k▲ 827%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 365% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€121k ▼ 9.8%
Current assets
€1.03M ▲ 6.7%
Equity and liabilities €1.16M
Equity
€535k ▲ 58.7%
Debt
€620k ▼ 19.0%
Debt's share of the balance-sheet total falls from 69.4% to 53.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€439k▲
2024 · €115k
Cash flow
€295k▲
2024 · €63k
Current ratio
2.44▲
2024 · 1.82
Quick ratio
1.82▲
2024 · 1.30
Debt to equity
1.16▼
2024 · 2.27
ROE
37.0%▲
2024 · 6.3%
ROA
17.1%▲
2024 · 1.9%
Interest coverage
6.02▲
2024 · 2.76
Debt ≤ 1 year
€423k▼
2024 · €531k
Debt > 1 year
€197k▼
2024 · €235k
Income taxes
€75k▲
2024 · €11k
Staff costs
€405k▲
2024 · €341k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.10M€1.16M▲
Fixed assets21/28€135k€121k▼
Tangible fixed assets22/27€133k€111k▼
Land and buildings22€56k€46k▼
Plant, machinery and equipment23€23k€32k▲
Furniture and vehicles24€54k€32k▼
Financial fixed assets28€1k€10k▲
Current assets29/58€969k€1.03M▲
Stocks and contracts in progress3€276k€265k▼
Stocks30/36€276k€265k▼
Amounts receivable within one year40/41€663k€708k▲
Trade receivables40€324k€213k▼
Other amounts receivable41€339k€495k▲
Cash at bank and in hand54/58€20k€44k▲
Deferred charges and accrued income490/1€9k€18k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.16M▲
Equity10/15€337k€535k▲
Contributions10/11€20k€20k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€279k€477k▲
Amounts payable17/49€766k€620k▼
Amounts payable after more than one year17€235k€197k▼
Financial debts170/4€235k€197k▼
Amounts payable within one year42/48€531k€423k▼
Current portion of amounts payable after more than one year42€37k€64k▲
Financial debts43€250k€188k▼
Credit institutions430/8€250k€188k▼
Trade debts44€163k€67k▼
Suppliers440/4€163k€67k▼
Taxes, remuneration and social security45€81k€105k▲
Taxes450/3€14k€77k▲
Remuneration and social security454/9€67k€28k▼
Income statement
Code20242025
Turnover70€2.37M€3.09M▲
Goods, raw materials, services and sundry goods60/61€1.91M€2.24M▲
Remuneration, social security and pensions62€341k€405k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€97k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€462k€851k▲
Operating profit (loss)9901€73k€341k▲
Financial income75/76B€953€4k▲
Recurring financial income75€953€4k▲
Non-recurring financial income76B-€400
Financial charges65/66B€42k€73k▲
Recurring financial charges65€41k€73k▲
Non-recurring financial charges66B€660-
Profit (loss) for the period before taxes9903€32k€273k▲
Income taxes67/77€11k€75k▲
Profit (loss) for the period9904€21k€198k▲
Profit (loss) for the period to be appropriated9905€21k€198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€279k€477k▲
Profit (loss) brought forward from the previous period14P€258k€279k▲
The notes to these accounts (11 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €198k ▲827%
Operating result €341k, net result €198k, both a record.
31-12
Financial
Equity above €500kEq €535k ▲58.7%
8 profitable years in a row build equity to €535k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 47 days late
2023
31-12
Financial
Weakest financial yearnet €11k ▼25.8%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 72 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 95 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 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, Diepenbeek · 2 establishment units since 2016
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.
Duifhuisweg 103590 DiepenbeekGround area
6,108 m²
Building footprint
2,186 m²
Volume, LiDAR
5,335 m³
2 parcels, Flanders, Wallonia · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AQUATEC vochtbestrijding
since 20162.248.598.471
AQUATEC Wallonië
since 20172.265.226.350
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51024A0433/00K000 | Wallonia | 3,116 m² | 1 · 1,430 m² | - |
| 71402D0186/00B000 | Flanders | 2,993 m² | 1 · 755 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,236 EUR awarded · 3,236 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,730 EUR | 2,730 EUR |
| 2022 | 2 | 506 EUR | 506 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,121 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 (pre-2019)
Founded29-12-2015
Fiscal year end31-12
Trade name NL
AQUATEC vochtbestrijding
Activities, NACEBEL 2025
43120Site preparation
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.