VDV EQUIPMENT
ActiveThe computed 12-month bankruptcy probability of VDV EQUIPMENT is 2.3% (moderate). The 2024 annual accounts show equity of €363k and a net result of €-62k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 992 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-14
Solvency66▲+5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.71 in 2023; short-term debt: 29.9% and cash: 8.5% of total assets), and 59.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
40.5%
Return on assets
-7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
54 d early
2022
49 d early
2021
58 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€363k▼ 14.6%
2023 · €425k
2021: €347k
2022: €373k
2023: €425k
2021 → 2024
Total assets
€896k▼ 23.4%
2023 · €1.17M
2021: €893k
2022: €1.14M
2023: €1.17M
2021 → 2024
Net result
€-62k
2023 · €53k
2021: €25k
2022: €26k
2023: €53k
2021 → 2024
Working capital
€-15k▲ 83.4%
2023 · €-92k
2021: €-41k
2022: €-36k
2023: €-92k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€347k-€373k▲ 7.4%€425k▲ 14.1%€363k▼ 14.6%
Operating result€30k-€36k▲ 22.1%€72k▲ 96.9%€-45k
Net result€25k-€26k▲ 3.6%€53k▲ 105%€-62k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €45k after €72k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €896k
Fixed assets
€643k▼ 31.9%
Current assets
€252k▲ 12.3%
Equity and liabilities €896k
Equity
€363k▼ 14.6%
Debt
€533k▼ 28.4%
The debt ratio falls from 63.6% to 59.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€256k▼
2023 · €387k
Cash flow
€239k▼
2023 · €368k
Solvency
40.5%▲
2023 · 36.4%
Current ratio
0.94▲
2023 · 0.71
Quick ratio
0.94▲
2023 · 0.71
Debt / equity
1.47▼
2023 · 1.75
ROE
-17.1%▼
2023 · 12.4%
ROA
-7.0%▼
2023 · 4.5%
Interest coverage
14.96▼
2023 · 20.12
Debt
€533k▼
2023 · €744k
Debt ≤ 1 year
€267k▼
2023 · €316k
Debt > 1 year
€265k▼
2023 · €428k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.17M€896k▼
Fixed assets21/28€945k€643k▼
Tangible fixed assets22/27€945k€643k▼
Plant, machinery and equipment23€104k€47k▼
Furniture and vehicles24€211k€90k▼
Leasing and similar rights25€631k€507k▼
Current assets29/58€225k€252k▲
Amounts receivable within one year40/41€141k€135k▼
Trade receivables40€133k€135k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€76k€76k▲
Deferred charges and accrued income490/1€7k€41k▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€896k▼
Equity10/15€425k€363k▼
Contributions10/11€15k€15k=
Reserves13€410k€348k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€409k€346k▼
Amounts payable17/49€744k€533k▼
Amounts payable after more than one year17€428k€265k▼
Financial debts170/4€428k€265k▼
Amounts payable within one year42/48€316k€267k▼
Current portion of amounts payable after more than one year42€244k€163k▼
Trade debts44€18k€24k▲
Suppliers440/4€18k€24k▲
Taxes, remuneration and social security45-€24k
Taxes450/3-€24k
Other amounts payable47/48€54k€56k▲
Income statement
Code20232024
Non-recurring operating income76A€118k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€315k€301k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€389k€260k▼
Operating profit (loss)9901€72k€-45k▼
Financial income75/76B€18-
Recurring financial income75€18-
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€53k€-62k▼
Profit (loss) for the period9904€53k€-62k▼
Profit (loss) for the period to be appropriated9905€53k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€-62k▼
Transfer from equity791/2-€62k
Transfer to equity691/2€53k-
To other reserves6921€53k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-62k ▼218%
Net result drops to €-62k, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €53k ▲105%
Operating result €72k, net result €53k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wuustwezel · 1 establishment unit since 2021
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.
Weehagenweg 302990 WuustwezelGround area
1.1 ha
Building footprint
644 m²
Volume, LiDAR
3,679 m³
Parcel 11026D0485/00Y000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDV EQUIPMENT
since 20212.324.765.742
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11026D0485/00Y000 | Flanders | 1.1 ha | 1 · 644 m² | 7.2 m · 2 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.
Similar companies · same sector, comparable size
CONSTRUCTION ET COORDINATION
BE 0442.510.634
Aiseau-Presles · Eq €368k
DETARENT
BE 0822.178.928
Brussel · Eq €376k
TRAILER VERHUUR BELGIE
BE 0556.828.597
Antwerpen · Eq €377k
STS SERVICES
BE 0811.657.002
Zelzate · Eq €379k
CLG Trading
BE 0471.736.734
Lochristi · Eq €388k
Of 361 companies in sector 77120 we hold annual accounts for 233. 160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2021
Fiscal year end31-12
Activities, NACEBEL
77120Rental and leasing activities
33120Repair and maintenance of machinery
49410Freight transport by road
77110Renting and leasing of cars and light motor vehicles
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.