VDV IMMO

Active

Private limited companyfounded 20206 yrs activeTrieststraat 183/A, 9960 Assenede, BelgiumKBO/BCE: BE 0749.775.653

VDV IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €-16k. Equity is shrinking by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Watch Print / PDF

Checked score

Score 2025

20 / 100

Critical▼ -13 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency5▼-3

Growth58=

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.56 against 0.68 in 2024), and 94.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

202122232425

2020 to 2025 · latest year -€16k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

8 d early

2024

1 d early

2023

on the day

2022

6 d early

2021

26 d late

2020

31 d late

← before the deadline after the deadline →

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 months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€53k▼ 23.2%

2024 · €69k

2020: €135k 2021: €112k 2022: €95k 2023: €78k 2024: €69k

2020 → 2025

Total assets

€984k▼ 9.4%

2024 · €1.09M

2020: €1.47M 2021: €1.37M 2022: €1.27M 2023: €1.17M 2024: €1.09M

2020 → 2025

Net result

€-16k▼ 79.0%

2024 · €-9k

2020: €-20k 2021: €-23k 2022: €-17k 2023: €-17k 2024: €-9k

2020 → 2025

Working capital

€-43k▼ 47.7%

2024 · €-29k

2020: €-54k 2021: €-49k 2022: €-48k 2023: €-41k 2024: €-29k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€112k-€95k▼ 15.0%€78k▼ 18.0%€69k▼ 11.5%€53k▼ 23.2%

Operating result€19k-€22k▲ 18.2%€21k▼ 4.6%€31k▲ 45.0%€20k▼ 36.3%

Net result€-23k-€-17k▲ 26.0%€-17k▼ 1.9%€-9k▲ 47.6%€-16k▼ 79.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 36% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €984k

94.5%

Fixed assets €930k▼ 9.3%

Current assets €55k▼ 10.2%

Equity and liabilities €984k

94.6%

Equity €53k▼ 23.2%

Debt €931k▼ 8.4%

The debt ratio rises from 93.6% to 94.6%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€126k▼

2024 · €136k

Cash flow

€91k▼

2024 · €96k

Solvency

5.4%▼

2024 · 6.4%

Current ratio

0.56▼

2024 · 0.68

Quick ratio

0.56▼

2024 · 0.68

Debt / equity

17.57▲

2024 · 14.73

ROE

-30.2%▼

2024 · -13.0%

ROA

-1.6%▼

2024 · -0.8%

Interest coverage

3.43▲

2024 · 3.40

Debt

€931k▼

2024 · €1.02M

Debt ≤ 1 year

€98k▲

2024 · €90k

Debt > 1 year

€832k▼

2024 · €922k

Income taxes

€503

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€1.09M€984k▼

Fixed assets21/28€1.03M€930k▼

Tangible fixed assets22/27€1.03M€930k▼

Land and buildings22€1.03M€920k▼

Plant, machinery and equipment23-€10k

Current assets29/58€61k€55k▼

Amounts receivable within one year40/41€8k€4k▼

Other amounts receivable41€8k€4k▼

Current investments50/53€21k€21k=

Cash at bank and in hand54/58€32k€30k▼

Equity and liabilities

Total equity and liabilities10/49€1.09M€984k▼

Equity10/15€69k€53k▼

Contributions10/11€4k€4k=

Reserves13€65k€49k▼

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Tax-exempt reserves132€26k€26k=

Distributable reserves133€38k€22k▼

Amounts payable17/49€1.02M€931k▼

Amounts payable after more than one year17€922k€832k▼

Financial debts170/4€922k€832k▼

Amounts payable within one year42/48€90k€98k▲

Current portion of amounts payable after more than one year42€90k€95k▲

Trade debts44€0-

Suppliers440/4€0-

Taxes, remuneration and social security45-€3k

Taxes450/3-€3k

Accrued charges and deferred income492/3€5k€2k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€107k▲

Other operating charges640/8€5k€8k▲

Gross operating margin9900€141k€134k▼

Operating profit (loss)9901€31k€20k▼

Financial income75/76B€352€2k▲

Recurring financial income75€352€2k▲

Financial charges65/66B€40k€37k▼

Recurring financial charges65€40k€37k▼

Profit (loss) for the period before taxes9903€-9k€-16k▼

Income taxes67/77-€503

Profit (loss) for the period9904€-9k€-16k▼

Profit (loss) for the period to be appropriated9905€-9k€-16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-16k▼

Transfer from equity791/2€9k€16k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

23-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

25-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

26-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 26 days late

2021

31-12

Financial Weakest financial yearnet €-23k

Net result drops to €-23k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Assenede · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Trieststraat 183/A9960 Assenede

Ground area

1,008 m²

Building footprint

143 m²

Volume, LiDAR

595 m³

Parcel 43002C0646/00E000, Flanders · tallest building 5.6 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

VDV Immo

Trieststraat 183, 9960 AssenedeReal estate activities

since 20202.308.126.282

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43002C0646/00E000	Flanders	1,008 m²	1 · 143 m²	5.6 m · 1 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

GOLDEN SET

BE 0722.904.673

Destelbergen · Eq €53k

DOMAINE DU CHATEAU DE FREUX

BE 0640.813.969

Libramont-Chevigny · Eq €53k

Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 3,401 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-07-2020

Fiscal year end31-12

Activities, NACEBEL

68201Renting and operating of own or leased residential real estate, excluding social housing

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.