VDV Technics
ActiveSummary
VDV Technics has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€41,300) and a net result of -€13,227. Equity is shrinking by ~22.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 1235 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.79 in 2023; short-term debt: 208% and cash: 14.9% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-157.6%
Return on assets
-50.5%
Age of the figures
21 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920222324
2018 to 2024 · latest year -€41,300
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
59 d late
2022
114 d late
2020
58 d late
2019
7 d late
2018
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€41,300▼ 47.1%
2023 · -€28,073
Total assets
€26,207▼ 54.6%
2023 · €57,670
Net result
-€13,227▼ 0.1%
2023 · -€13,218
Working capital
-€28,300▼ 87.8%
2023 · -€15,073
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
Line20192020202220232024
Operating result€2,092▼ 83.5%€226▼ 89.2%€304--€13,179-€12,406▲ 5.9%
Net result€2,027▼ 83.8%€147▼ 92.7%€265--€13,218-€13,227▼ 0.1%
Equity-€14,058▲ 12.6%-€13,911▲ 1.0%-€14,855--€28,073▼ 89.0%-€41,300▼ 47.1%
Total assets€57,129▲ 16.6%€53,259▼ 6.8%€45,304-€57,670▲ 27.3%€26,207▼ 54.6%
Debt€71,188▲ 9.4%€67,170▼ 5.6%€60,158-€85,743▲ 42.5%€67,507▼ 21.3%
Working capital€189-€885-€1,855--€15,073▼ 713%-€28,300▼ 87.8%
Staff (FTE)2.2=2.2=2.2-2▼ 9.1%2=
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 stays negative: a loss of €12,406 in 2024 against €13,179 in 2023; the loss shrinks.
Key figures and ratios
Solvency
-157.6%▼
2023 · -48.7%
Current ratio
0.48▼
2023 · 0.79
Debt to equity
-1.63▲
2023 · -3.05
ROA
-50.5%▼
2023 · -22.9%
Debt ≤ 1 year
€54,507▼
2023 · €72,743
Debt > 1 year
€13,000=
2023 · €13,000
Income taxes
€746
Staff costs
€133,152▲
2023 · €132,004
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €123,041 | €132,004 | €133,152 | ▲ 0.9% |
| Other operating charges640/8 | - | - | €469 | €1,110 | €302 | ▼ 72.8% |
| Gross operating margin9900 | €125,221 | €120,620 | €123,815 | €119,935 | €121,048 | ▲ 0.9% |
| Operating profit (loss)9901 | €2,092 | €226 | €304 | -€13,179 | -€12,406 | ▲ 5.9% |
| Recurring financial income75 | €126 | - | - | - | - | - |
| Financial charges65/66B | - | - | €39 | €39 | €74 | ▲ 89.6% |
| Recurring financial charges65 | €191 | €78 | €39 | €39 | €74 | ▲ 89.6% |
| Profit (loss) for the period before taxes9903 | €2,027 | €147 | €265 | -€13,218 | -€12,480 | ▲ 5.6% |
| Income taxes67/77 | - | - | - | - | €746 | - |
| Profit (loss) for the period9904 | €2,027 | €147 | €265 | -€13,218 | -€13,227 | ▼ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €2,027 | €147 | €265 | -€13,218 | -€13,227 | ▼ 0.1% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57,129 | €53,259 | €45,304 | €57,670 | €26,207 | ▼ 54.6% |
| Current assets29/58 | €57,129 | €53,259 | €45,304 | €57,670 | €26,207 | ▼ 54.6% |
| Amounts receivable within one year40/41 | €52,511 | €46,113 | €41,619 | €54,840 | €22,291 | ▼ 59.4% |
| Trade receivables40 | - | - | €41,619 | €54,620 | €22,233 | ▼ 59.3% |
| Other amounts receivable41 | - | - | - | €220 | €58 | ▼ 73.5% |
| Cash at bank and in hand54/58 | €3,424 | €5,670 | €3,685 | €2,567 | €3,916 | ▲ 52.6% |
| Deferred charges and accrued income490/1 | - | - | - | €264 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57,129 | €53,259 | €45,304 | €57,670 | €26,207 | ▼ 54.6% |
| Equity10/15 | -€14,058 | -€13,911 | -€14,855 | -€28,073 | -€41,300 | ▼ 47.1% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€32,658 | -€32,511 | -€33,455 | -€46,673 | -€59,900 | ▼ 28.3% |
| Amounts payable17/49 | €71,188 | €67,170 | €60,158 | €85,743 | €67,507 | ▼ 21.3% |
| Amounts payable after more than one year17 | €13,000 | €13,000 | €13,000 | €13,000 | €13,000 | = |
| Financial debts170/4 | - | - | €13,000 | €13,000 | €13,000 | = |
| Amounts payable within one year42/48 | €56,940 | €54,144 | €47,158 | €72,743 | €54,507 | ▼ 25.1% |
| Trade debts44 | €15,313 | €15,869 | €12,051 | €44,176 | €14,864 | ▼ 66.4% |
| Suppliers440/4 | - | - | €12,051 | €44,176 | €14,864 | ▼ 66.4% |
| Taxes, remuneration and social security45 | - | - | €33,410 | €26,870 | €37,946 | ▲ 41.2% |
| Taxes450/3 | - | - | €6,625 | €7,906 | €11,121 | ▲ 40.7% |
| Remuneration and social security454/9 | - | - | €26,785 | €18,964 | €26,825 | ▲ 41.5% |
| Other amounts payable47/48 | - | - | €1,697 | €1,697 | €1,697 | = |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,027 | €147 | €265 | -€13,218 | -€13,227 | ▼ 0.1% |
| Operating cash flow (approximation) | €2,027 | €147 | €265 | -€13,218 | -€13,227 | ▼ 0.1% |
| Change in cash | - | €2,246 | - | -€1,118 | €1,349 | ▲ 221% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€13,227
Net result drops to -€13,227, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
2015
06-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 67 days late
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, Aalter · 1 establishment unit since 2009
Ground area
7,559 m²
Building footprint
357 m²
Volume, LiDAR
1,997 m³
Parcel 44503H0945/00L000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VDV Technics
since 20092.228.985.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0945/00L000 | Flanders | 7,559 m² | 1 · 357 m² | 11.0 m · 2 fl. |
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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,597 companies in sector 18120 we hold annual accounts for 807. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
18130Pre-press and pre-media services
Scores and ratios are computed by Checked and are not a credit decision.