VDSI
ActiveSummary
VDSI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€10,587) and a net result of -€6,399. Its solvency ranks better than 5% of 8091 sector peers (fiscal year 2025). The company has been active since 2024 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.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8091 sector peers (2025).
NBB · sector comparisonPosition among 8091 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
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 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 d early
2024
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 22 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€10,587▼ 153%
2024 · -€4,188
Net result
-€6,399▼ 45.8%
2024 · -€4,388
Total assets
€11,284▼ 52.1%
2024 · €23,551
Solvency
-93.8%▼ 76.0pp
2024 · -17.8%
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
Line20242025
Operating result-€659--€6,030▼ 815%
Net result-€4,388below the sector's middle half--€6,399below the sector's middle half▼ 45.8%
Equity-€4,188below the sector's middle half--€10,587below the sector's middle half▼ 153%
Total assets€23,551below the sector's middle half-€11,284below the sector's middle half▼ 52.1%
Debt€27,739-€21,871▼ 21.2%
Working capital-€5,127within the sector's middle half--€12,577within the sector's middle half▼ 145%
Solvency-17.8%below the sector's middle half--93.8%below the sector's middle half▼ 76.0pp
Current ratio0.82within the sector's middle half-0.42below the sector's middle half▼ 0.39
Return on assets (ROA)-18.6%below the sector's middle half--56.7%below the sector's middle half▼ 38.1pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,030 in 2025 against €659 in 2024; the loss grows.
Balance-sheet composition
Assets €10,739
Fixed assets
€1,445
Current assets
€9,294
Key figures and ratios
Debt ≤ 1 year
€21,871▼
2024 · €27,739
Income taxes
€0▼
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €243 | €669 | ▲ 176% |
| Other operating charges640/8 | €737 | €993 | ▲ 34.8% |
| Gross operating margin9900 | €321 | -€4,368 | ▼ 1,462% |
| Operating profit (loss)9901 | -€659 | -€6,030 | ▼ 815% |
| Financial charges65/66B | €3,537 | €369 | ▼ 89.6% |
| Recurring financial charges65 | €3,537 | €369 | ▼ 89.6% |
| Profit (loss) for the period before taxes9903 | -€4,196 | -€6,399 | ▼ 52.5% |
| Income taxes67/77 | €192 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€4,388 | -€6,399 | ▼ 45.8% |
| Profit (loss) for the period to be appropriated9905 | -€4,388 | -€6,399 | ▼ 45.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €23,551 | €11,284 | ▼ 52.1% |
| Formation expenses20 | €939 | €545 | ▼ 42.0% |
| Fixed assets21/28 | - | €1,445 | - |
| Tangible fixed assets22/27 | - | €1,445 | - |
| Plant, machinery and equipment23 | - | €1,445 | - |
| Current assets29/58 | €22,612 | €9,294 | ▼ 58.9% |
| Amounts receivable within one year40/41 | €22,481 | €8,997 | ▼ 60.0% |
| Trade receivables40 | €22,481 | €6,275 | ▼ 72.1% |
| Other amounts receivable41 | - | €2,722 | - |
| Cash at bank and in hand54/58 | €132 | €297 | ▲ 126% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €23,551 | €11,284 | ▼ 52.1% |
| Equity10/15 | -€4,188 | -€10,587 | ▼ 153% |
| Contributions10/11 | €200 | €200 | = |
| Profit (loss) carried forward14 | -€4,388 | -€10,787 | ▼ 146% |
| Amounts payable17/49 | €27,739 | €21,871 | ▼ 21.2% |
| Amounts payable within one year42/48 | €27,739 | €21,871 | ▼ 21.2% |
| Trade debts44 | €3,817 | €7,900 | ▲ 107% |
| Suppliers440/4 | €3,817 | €7,900 | ▲ 107% |
| Taxes, remuneration and social security45 | €13,211 | €192 | ▼ 98.5% |
| Taxes450/3 | €13,211 | €192 | ▼ 98.5% |
| Other amounts payable47/48 | €10,711 | €13,779 | ▲ 28.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€4,388 | -€6,399 | ▼ 45.8% |
| + Depreciation and write-downs630 | €243 | €669 | ▲ 176% |
| Operating cash flow (approximation) | -€4,145 | -€5,730 | ▼ 38.2% |
| Change in cash | - | €166 | - |
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
05-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 20-06-2025
- Registered-office move, Rue Saint Laurent(Dong.) 88,1370 Jodoigne
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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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, Jodoigne · 1 establishment unit since 2024
Ground area
1.1 ha
Building footprint
2,594 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
VDSI
since 20242.361.921.294
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25069D0253/00C000 | Wallonia | 9,653 m² | 1 · 2,593 m² | - |
| 25027B0141/00C000 | Wallonia | 1,364 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:1009510771
Also
9925:BE1009510771
Registered
23-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.