VDV-TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of VDV-TECHNICS is 1.6% (moderate). The 2025 annual accounts show equity of €176k and a net result of €43k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 1909 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+4
Solvency85▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 1.76 in 2024; short-term debt: 39.9% and cash: 35.1% of total assets), and 39.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
60.1%
Return on assets
14.6%
Age of the figures
15 mo
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 28-01-2026, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
3 d early
2024
9 d early
2023
34 d early
2022
33 d early
2021
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€176k▲ 31.9%
2024 · €133k
Total assets
€293k▼ 4.2%
2024 · €306k
Net result
€43k▲ 20.1%
2024 · €35k
Working capital
€164k▲ 25.4%
2024 · €131k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25k-€32k▲ 24.6%€62k▲ 97.3%€55k▼ 12.6%€64k▲ 17.1%
Net result€19k-€23k▲ 20.1%€45k▲ 94.4%€35k▼ 21.6%€43k▲ 20.1%
Equity€29k-€53k▲ 79.2%€98k▲ 85.9%€133k▲ 36.2%€176k▲ 31.9%
Total assets€203k-€316k▲ 55.6%€288k▼ 8.8%€306k▲ 6.0%€293k▼ 4.2%
Debt€174k-€263k▲ 51.7%€190k▼ 27.8%€172k▼ 9.5%€117k▼ 32.2%
Working capital€45k-€113k▲ 151%€94k▼ 17.0%€131k▲ 39.1%€164k▲ 25.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€12k ▲ 372%
Current assets
€281k ▼ 7.3%
Equity and liabilities €293k
Equity
€176k ▲ 31.9%
Debt
€117k ▼ 32.2%
Debt's share of the balance-sheet total falls from 56.3% to 39.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €56k
Cash flow
€44k▲
2024 · €37k
Current ratio
2.41▲
2024 · 1.76
Debt to equity
0.66▼
2024 · 1.29
ROE
24.2%▼
2024 · 26.6%
ROA
14.6%▲
2024 · 11.6%
Interest coverage
47.05▲
2024 · 29.84
Debt ≤ 1 year
€117k▼
2024 · €172k
Income taxes
€20k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1k | €1k | €1k | €1k | ▲ 12.5% |
| Other operating charges640/8 | - | €410 | €302 | €410 | €224 | ▼ 45.4% |
| Gross operating margin9900 | €25k | €33k | €64k | €56k | €65k | ▲ 16.5% |
| Operating profit (loss)9901 | €25k | €32k | €62k | €55k | €64k | ▲ 17.1% |
| Financial income75/76B | - | €303 | €154 | - | €10 | - |
| Recurring financial income75 | €3 | €303 | €154 | - | €10 | - |
| Financial charges65/66B | - | €67 | €69 | €2k | €1k | ▼ 25.8% |
| Recurring financial charges65 | €845 | €67 | €69 | €2k | €1k | ▼ 25.8% |
| Profit (loss) for the period before taxes9903 | €25k | €32k | €62k | €53k | €62k | ▲ 18.6% |
| Income taxes67/77 | €5k | €9k | €17k | €17k | €20k | ▲ 15.6% |
| Profit (loss) for the period9904 | €19k | €23k | €45k | €35k | €43k | ▲ 20.1% |
| Profit (loss) for the period to be appropriated9905 | €19k | €23k | €45k | €35k | €43k | ▲ 20.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €203k | €316k | €288k | €306k | €293k | ▼ 4.2% |
| Fixed assets21/28 | - | €5k | €4k | €3k | €12k | ▲ 372% |
| Tangible fixed assets22/27 | - | €5k | €4k | €3k | €12k | ▲ 372% |
| Plant, machinery and equipment23 | - | €4k | €3k | €2k | €1k | ▼ 47.3% |
| Furniture and vehicles24 | - | €748 | €521 | €294 | €11k | ▲ 3,563% |
| Current assets29/58 | €203k | €311k | €284k | €303k | €281k | ▼ 7.3% |
| Amounts receivable within one year40/41 | €130k | €310k | €167k | €242k | €178k | ▼ 26.6% |
| Trade receivables40 | - | €305k | €138k | €238k | €176k | ▼ 26.0% |
| Other amounts receivable41 | - | €5k | €29k | €4k | €2k | ▼ 60.5% |
| Cash at bank and in hand54/58 | €73k | €896 | €117k | €61k | €103k | ▲ 69.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €203k | €316k | €288k | €306k | €293k | ▼ 4.2% |
| Equity10/15 | €29k | €53k | €98k | €133k | €176k | ▲ 31.9% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €19k | €43k | €88k | €123k | €166k | ▲ 34.5% |
| Distributable reserves133 | - | €43k | €88k | €123k | €166k | ▲ 34.5% |
| Amounts payable17/49 | €174k | €263k | €190k | €172k | €117k | ▼ 32.2% |
| Amounts payable after more than one year17 | €16k | €66k | - | - | - | - |
| Financial debts170/4 | - | €66k | - | - | - | - |
| Amounts payable within one year42/48 | €158k | €197k | €190k | €172k | €117k | ▼ 32.2% |
| Trade debts44 | €153k | €194k | €183k | €133k | €115k | ▼ 14.0% |
| Suppliers440/4 | - | €194k | €183k | €133k | €115k | ▼ 14.0% |
| Advances received on contracts in progress46 | - | - | €2k | - | - | - |
| Taxes, remuneration and social security45 | - | €4k | €6k | €8k | €937 | ▼ 87.8% |
| Taxes450/3 | - | €4k | €6k | €7k | - | - |
| Remuneration and social security454/9 | - | - | - | €542 | €937 | ▲ 72.9% |
| Other amounts payable47/48 | - | - | - | €31k | €1k | ▼ 96.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €23k | €45k | €35k | €43k | ▲ 20.1% |
| + Depreciation and write-downs630 | - | €1k | €1k | €1k | €1k | ▲ 12.5% |
| Operating cash flow (approximation) | €19k | €24k | €47k | €37k | €44k | ▲ 19.8% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €-11k | - |
| Change in cash | - | €-72k | €116k | €-57k | €42k | ▲ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €150kEq €176k ▲31.9%
5 profitable years in a row build equity to €176k.
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €100kEq €133k ▲36.2%
4 profitable years in a row build equity to €133k.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2021net €45k ▲94.4%
Net result €45k, the highest in the series.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
29-01
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Tielt · 1 establishment unit since 2020
Ground area
2,142 m²
Building footprint
1,003 m²
Volume, LiDAR
6 m³
Parcel 37322C1959/00A000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
VDV-TECHNICS
since 20202.299.094.988
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C1959/00A000 | Flanders | 2,142 m² | 1 · 1,003 m² | 0.4 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 216 EUR awarded · 216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 216 EUR | 216 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,655. 1,333 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-01-2020
Fiscal year end30-06
Activities, NACEBEL 2025
25530Machining of metals
25110Manufacture of metal structures and parts of structures
33120Repair and maintenance of machinery
Scores and ratios are computed by Checked and are not a credit decision.