VDV Advisory
ActiveVDV Advisory has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €461k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 3184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency37▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.58 in 2024; short-term debt: 87.5% and cash: 49.3% of total assets), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
12.5%
Return on assets
52.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 3184 sector peers (2025).
NBB · sector comparisonPosition among 3184 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
25 d early
2023
36 d early
2022
5 d early
2021
13 d early
2019
25 d early
2018
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€461k▼ 19.1%
2024 · €570k
2019: €588k
2021: €928k
2022: €1.00M
2023: €531k
2024: €570k
2019 → 2025
Working capital
€-325k▼ 6.1%
2024 · €-306k
2019: €-224k
2021: €-390k
2022: €-368k
2023: €-448k
2024: €-306k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€98k▲ 0.2%€29k▼ 70.7%€149k▲ 419%€110k▼ 26.2%
Operating result€1.23M-€1.34M▲ 8.3%€711k▼ 46.8%€780k▲ 9.7%€600k▼ 23.1%
Net result€928k-€1.00M▲ 7.8%€531k▼ 46.9%€570k▲ 7.4%€461k▼ 19.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €881k
Fixed assets
€435k▼ 4.8%
Current assets
€446k▲ 6.9%
Equity and liabilities €881k
Equity
€110k▼ 26.2%
Debt
€771k▲ 6.3%
The debt ratio rises from 83.0% to 87.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€630k▼
2024 · €810k
Cash flow
€491k▼
2024 · €599k
Solvency
12.5%▼
2024 · 17.0%
Current ratio
0.58▲
2024 · 0.58
Quick ratio
0.58▲
2024 · 0.58
Debt / equity
7.02▲
2024 · 4.87
ROE
419.8%▲
2024 · 383.2%
ROA
52.3%▼
2024 · 65.2%
Interest coverage
3833.21▲
2024 · 725.52
Debt
€771k▲
2024 · €725k
Debt ≤ 1 year
€771k▲
2024 · €723k
Income taxes
€139k▼
2024 · €203k
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€874k€881k▲
Fixed assets21/28€457k€435k▼
Tangible fixed assets22/27€395k€370k▼
Land and buildings22€283k€276k▼
Plant, machinery and equipment23€42k€34k▼
Furniture and vehicles24€70k€60k▼
Financial fixed assets28€61k€65k▲
Current assets29/58€417k€446k▲
Amounts receivable within one year40/41€8k€9k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€406k€434k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€874k€881k▲
Equity10/15€149k€110k▼
Contributions10/11€12k€12k=
Reserves13€136k€97k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€135k€97k▼
Amounts payable17/49€725k€771k▲
Amounts payable within one year42/48€723k€771k▲
Trade debts44€2k€852▼
Suppliers440/4€2k€852▼
Taxes, remuneration and social security45€46k€41k▼
Taxes450/3€46k€41k▼
Other amounts payable47/48€675k€729k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€30k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€812k€632k▼
Operating profit (loss)9901€780k€600k▼
Financial income75/76B€7k€17▼
Recurring financial income75€7k€17▼
Financial charges65/66B€14k€164▼
Recurring financial charges65€1k€164▼
Non-recurring financial charges66B€13k-
Profit (loss) for the period before taxes9903€773k€600k▼
Income taxes67/77€203k€139k▼
Profit (loss) for the period9904€570k€461k▼
Profit (loss) for the period to be appropriated9905€570k€461k▼
Appropriation of the result
Profit (loss) to be appropriated9906€570k€461k▼
Transfer from equity791/2-€39k
Transfer to equity691/2€120k-
To other reserves6921€120k-
Profit to be distributed694/7€450k€500k▲
Return on contributions (dividend)694€450k€500k▲
The notes to these accounts (10 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €461k ▼19.1%
Net result drops to €461k, the lowest in the series.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Equity above €100kEq €149k ▲419%
5 profitable years in a row build equity to €149k.
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Highest result since 2019net €1.00M ▲7.8%
Operating result €1.34M, net result €1.00M, both a record.
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1 day late
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
2016
13-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Elsene · 1 establishment unit since 2011
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.
Louizalaan 3271050 ElseneGround area
1,156 m²
Building footprint
356 m²
Volume, LiDAR
12,010 m³
Parcel 21807G0212/00W000, Brussels · tallest building 43.9 m, ±13 floors. Linked by address, not a title deed.
1 establishment unit
VDV ADVISORY
since 20112.197.237.169
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0212/00W000 | Brussels | 1,156 m² | 1 · 356 m² | 43.9 m · 13 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,746 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2011
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.