Equity
VDT DEVELOPMENT paid out €19,000 in dividends. That is 1,047% of the 2025 profit.
VDT DEVELOPMENT paid out €19,000 in dividends. That is 1,047% of the 2025 profit.
The last five annual accounts were filed 30 to 78 days before the end of the period.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 52% of them on solvency, 76% on liquidity, 26% on profitability and 26% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 10,904 companies had the same profile as VDT DEVELOPMENT has now. Each dot stands for 28 companies, two years later.
That fits the bankruptcy probability of VDT DEVELOPMENT itself: 0.7% within 12 months.
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 10,904 companies, not a prediction for VDT DEVELOPMENT. 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.
Liquidity is ample, with a current ratio of 2.03 (1.38 in 2024), above the usual 1.5. Short-term debt is 35% and cash 43.2% of total assets. 43.6% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 69 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, Makikko
Board & ownership| Company | ||||
|---|---|---|---|---|
| VDT DEVELOPMENT Wavre | €198,582 | €34,659 | 56.4% | - |
| EURO PACIFIC LINK IMMO Villers-la-Ville | €231,772 | €36,710 | 30.7% | - |
| HW BVBA Antwerp | €201,734 | €35,724 | -91.2% | - |
| RIVAS Tervuren | €205,398 | €34,845 | 62.0% | - |
| SIAN International Consult Antwerp | €211,592 | €32,888 | 98.9% | - |
| AttOra Ghent | €211,036 | €32,319 | 65.7% | - |
| kawn alliance Woluwe-Saint-Lambert | €187,494 | €37,540 | 60.7% | - |
These companies have the same main activity as VDT DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €187,000 and €232,000, founded between 2004 and 2007.
VDT DEVELOPMENT files the micro format. That format states no turnover. The gross margin fell from €75,450 in 2007 to €34,659 in 2025.
The balance sheet grew most from 2017 to 2019 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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