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VDV B

Active
Avenue des Combattants 175 A ·1470 Genappe, Belgium
BE 0774.691.191
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs
Staff (FTE)0.2

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VDV B is 2.1% (moderate). The 2025 annual accounts show equity of €13k and a net result of €41k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 30% of 155 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€41k+457.8%
Working capital€2k-93.5%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 22-01-2026 with the NBB · fiscal year 2025 · micro
€0€20k€40k€60kOperating result 2022: €28k€28kNet result 2022: €22k€22kOperating result 2023: €18k€18kNet result 2023: €12k€12kOperating result 2024: €12k€12kNet result 2024: €7k€7kOperating result 2025: €55k€55kNet result 2025: €41k€41k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~5.2%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€20k€40k€60k€80k2026: €36k (€22k - €51k)2027: €38k (€15k - €61k)2028: €40k (€8k - €71k)2022: €25k2023: €37k2024: €44k2025: €13k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 10, Food manufacturing · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 7.5% 23.3%
better than 30% of 155 sector peers
Net result €41k €9k
better than 77% of 155 sector peers
Equity €13k €34k
better than 31% of 155 sector peers
Gross operating margin €76k €76k
better than 50% of 155 sector peers
Staff costs €2k €67k
higher than 5% of 102 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€73k
+206.2% far above sector median
Net profit
€41k
+457.8% far above sector median
Cash flow
€59k
+207.9% +83% vs sector
Total assets
€166k
+71.5% -37% vs sector
Equity
€13k
-71.6% -84% vs sector
Working capital
€2k
-93.5% -85% vs sector
Employees (FTE)
0
-80.0% -96% vs sector
Staff costs
€2k
-81.6% -99% vs sector
Income taxes
€11k
+468.3% +177% vs sector
Dividends
€72k
- 22-25
Debt
€153k
+191.0% -15% vs sector
Debt ≤ 1y
€109k
+474.7% +63% vs sector
Debt > 1y
€41k
+29.1% +72% vs sector
Current ratio
1.02
-62.5% -16% vs sector
Quick ratio
0.92
-66.2% -23% vs sector
Solvency
7.5%
-83.4% -77% vs sector
Debt / equity
12.26
+924.3% far above sector median
ROE
327.0%
+1863.3% far above sector median
ROA
24.7%
+225.3% far above sector median
Interest coverage
26.06
+206.0% +154% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€73k
Net profit€41k
Cash flow€59k
Staff costs€2k
Income taxes€11k
Dividends€72k
Total assets€166k
Equity€13k
Debt€153k
of which ≤ 1y€109k
of which > 1y€41k
Working capital€2k
Employees (FTE)0.2
Ratios (computed)
2025
Current ratio1.02
Quick ratio0.92
Working capital ratio1.3%
Solvency7.5%
Debt / equity12.26
Long-term debt ratio3.27
Interest coverage26.06
Gross margin-
Net margin-
ROA24.7%
ROE327.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€166k
Fixed assets 21/28€55k
Tangible fixed assets 22/27€55k
Financial fixed assets 28€300
Current assets 29/58€111k
Stocks & contracts in progress 3€11k
Amounts receivable within one year 40/41€19k
Cash & bank 54/58€79k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€166k
Equity 10/15€13k
Contributions / capital 10/11€3k
Reserves 13€10k
Accumulated profits (losses) 14€0
Amounts payable 17/49€153k
Amounts payable after one year 17€41k
Amounts payable within one year 42/48€109k
Trade debts payable within one year 44€20k
Income statement
Gross operating margin 9900€76k
Operating result 9901€55k
Financial income 75€3
Financial charges 65€3k
Result before taxes 9903€52k
Income taxes 67/77€11k
Net result for the period 9904€41k
Result to be appropriated 9905€41k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
68 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
VDV B
Avenue des Combattants 175 A, 1470 GenappeAmbachtelijke vervaardiging van brood en van vers banketbakkerswerk
since 20212.322.325.401
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,318 m²
Buildings1
Building footprint983 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25013C0119/00N002 Wallonia 2,318 m² 1 · 983 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health68Profitability100Solvency17Growth58Stability94
67 / 100

Strong profile, led by profitability.

Health 68
Profitability 100
Solvency 17
Growth 58
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Vervaardiging van beschuit en biscuit en van ander houdbaar banketbakkerswerk10720Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk10720
Primary activity highlighted.
Names & trade names
Legal nameFR VDV B
Registered office
Avenue des Combattants 175 A
1470 Genappe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.