VDVK Technics

Active

Private limited companyfounded 20215 yrs activeBladerenkwartier 17, 1730 Asse, BelgiumKBO/BCE: BE 0770.292.440

The computed 12-month bankruptcy probability of VDVK Technics is 2.6% (moderate). The 2024 annual accounts show equity of €67k and a net result of €952. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 48% of 36376 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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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

Profitability70▼-23

Solvency70▼-1

Growth52=

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days only on tighter terms

Liquidity tight (current ratio 1.5 against 1.67 in 2023; short-term debt: 40.1% and cash: 3.2% of total assets), and 54.9% 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

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

+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

Higher-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

45.1%

Return on assets

0.6%

Age of the figures

21 mo

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

145 d late

2023

334 d late

2022

87 d late

2021

34 d early

← before the deadline after the 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 2024, micro schema

Equity

€67k▲ 1.4%

2023 · €66k

2021: €36k 2022: €38k 2023: €66k

2021 → 2024

Total assets

€149k▲ 2.6%

2023 · €145k

2021: €89k 2022: €125k 2023: €145k

2021 → 2024

Net result

€952▼ 96.6%

2023 · €28k

2021: €32k 2022: €2k 2023: €28k

2021 → 2024

Working capital

€30k▲ 9.1%

2023 · €27k

2021: €22k 2022: €-1k 2023: €27k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€36k-€38k▲ 5.0%€66k▲ 72.6%€67k▲ 1.4%

Operating result€39k-€3k▼ 91.8%€35k▲ 1,007%€2k▼ 94.0%

Net result€32k-€2k▼ 94.3%€28k▲ 1,410%€952▼ 96.6%

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 2024; 2024 is 94% below 2023 and is the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €149k

39.8%

60.2%

Fixed assets €59k▼ 23.1%

Current assets €89k▲ 31.9%

Equity and liabilities €149k

45.1%

54.9%

Equity €67k▲ 1.4%

Debt €82k▲ 3.6%

The debt ratio rises from 54.4% to 54.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€22k▼

2023 · €55k

Cash flow

€21k▼

2023 · €48k

Solvency

45.1%▼

2023 · 45.6%

Current ratio

1.50▼

2023 · 1.67

Quick ratio

1.47▼

2023 · 1.62

Debt / equity

1.22▲

2023 · 1.19

ROE

1.4%▼

2023 · 42.1%

ROA

0.6%▼

2023 · 19.2%

Interest coverage

11.64▼

2023 · 42.26

Debt

€82k▲

2023 · €79k

Debt ≤ 1 year

€60k▲

2023 · €41k

Debt > 1 year

€22k▼

2023 · €38k

Income taxes

€1k▼

2023 · €7k

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€145k€149k▲

Fixed assets21/28€77k€59k▼

Tangible fixed assets22/27€76k€58k▼

Plant, machinery and equipment23€2k€3k▲

Furniture and vehicles24€7k€4k▼

Leasing and similar rights25€50k€34k▼

Other tangible fixed assets26€17k€17k=

Financial fixed assets28€1k€814▼

Current assets29/58€68k€89k▲

Amounts receivable after more than one year29-€69k

Other amounts receivable291-€69k

Stocks and contracts in progress3€2k€2k=

Stocks30/36€2k€2k=

Amounts receivable within one year40/41€64k€8k▼

Trade receivables40€14k-

Other amounts receivable41€49k€8k▼

Cash at bank and in hand54/58€2k€5k▲

Deferred charges and accrued income490/1-€6k

Equity and liabilities

Total equity and liabilities10/49€145k€149k▲

Equity10/15€66k€67k▲

Contributions10/11€4k€4k=

Reserves13€62k€63k▲

Distributable reserves133€62k€63k▲

Amounts payable17/49€79k€82k▲

Amounts payable after more than one year17€38k€22k▼

Financial debts170/4€38k€22k▼

Amounts payable within one year42/48€41k€60k▲

Current portion of amounts payable after more than one year42€17k€17k▲

Trade debts44€14k€27k▲

Suppliers440/4€14k€27k▲

Taxes, remuneration and social security45€9k€16k▲

Taxes450/3€9k€16k▲

Other amounts payable47/48-€97

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲

Other operating charges640/8€867€498▼

Gross operating margin9900€56k€23k▼

Operating profit (loss)9901€35k€2k▼

Financial income75/76B€1k€2k▲

Recurring financial income75€1k€2k▲

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€35k€2k▼

Income taxes67/77€7k€1k▼

Profit (loss) for the period9904€28k€952▼

Profit (loss) for the period to be appropriated9905€28k€952▼

Appropriation of the result

Profit (loss) to be appropriated9906€28k€952▼

Transfer to equity691/2€28k€952▼

To other reserves6921€28k€952▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

23-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 145 days late

30-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 334 days late

2024

31-12

Financial Weakest financial yearnet €952 ▼96.6%

Net result drops to €952, the lowest in the series.

2023

26-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 87 days late

2022

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

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

Directors · office · real estate

Directors

3 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, Asse · 1 establishment unit since 2021

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.

Bladerenkwartier 171730 Asse

Ground area

2,548 m²

Building footprint

1,714 m²

Volume, LiDAR

8,304 m³

2 parcels, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

VDVK Technics

Kouterbaan 67, 9310 AalstRaising of horses and other equines

since 20212.322.211.078

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23002A0006/00K000	Flanders	2,125 m²	1 · 1,175 m²	15.9 m · 2 fl.
41026B0837/00F000	Flanders	423 m²	1 · 539 m²	9.8 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Sint-Katelijne-Waver · Eq €67k

Michiel Willems Elektro

BE 0803.601.151

Kasterlee · Eq €67k

Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,750 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-06-2021

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

43222Installation of electric heating, air conditioning, cooling and ventilation

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.