VDVS VERWARMING
ActiveVDVS VERWARMING has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131k and a net result of €19k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.57 against 3.05 in 2024; short-term debt: 10.9% and cash: 42.8% of total assets), and 10.9% of the assets are financed with debt.
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
raises risk · 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 →
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 · 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
89.1%
Return on assets
12.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
3 d early
2023
8 d early
2022
18 d early
2021
4 d early
2020
7 d early
2019
on the day
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€131k▲ 16.5%
2024 · €112k
2018: €39k
2019: €25k
2020: €42k
2021: €51k
2022: €63k
2023: €87k
2024: €112k
2018 → 2025
Total assets
€147k▲ 0.9%
2024 · €146k
2018: €81k
2019: €42k
2020: €76k
2021: €109k
2022: €108k
2023: €112k
2024: €146k
2018 → 2025
Net result
€19k▼ 25.7%
2024 · €25k
2018: €7k
2019: €-15k
2020: €17k
2021: €9k
2022: €12k
2023: €25k
2024: €25k
2018 → 2025
Working capital
€73k▲ 7.0%
2024 · €68k
2018: €35k
2019: €6k
2020: €12k
2021: €32k
2022: €34k
2023: €62k
2024: €68k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€51k-€63k▲ 23.7%€87k▲ 39.4%€112k▲ 28.6%€131k▲ 16.5%
Operating result€12k-€13k▲ 12.6%€31k▲ 133%€37k▲ 18.3%€26k▼ 29.2%
Net result€9k-€12k▲ 33.6%€25k▲ 106%€25k▲ 1.3%€19k▼ 25.7%
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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€58k▲ 31.3%
Current assets
€89k▼ 12.2%
Equity and liabilities €147k
Equity
€131k▲ 16.5%
Debt
€16k▼ 51.8%
The debt ratio falls from 22.8% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €48k
Cash flow
€34k▼
2024 · €36k
Solvency
89.1%▲
2024 · 77.2%
Current ratio
5.57▲
2024 · 3.05
Quick ratio
5.33▲
2024 · 2.93
Debt / equity
0.12▼
2024 · 0.30
ROE
14.2%▼
2024 · 22.3%
ROA
12.6%▼
2024 · 17.2%
Interest coverage
114.91▲
2024 · 32.47
Debt
€16k▼
2024 · €33k
Debt ≤ 1 year
€16k▼
2024 · €33k
Income taxes
€7k▼
2024 · €10k
Staff costs
€2k▼
2024 · €35k
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€146k€147k▲
Fixed assets21/28€44k€58k▲
Intangible fixed assets21€1k€809▼
Tangible fixed assets22/27€43k€32k▼
Plant, machinery and equipment23€9k€10k▲
Furniture and vehicles24€28k€17k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28-€25k
Current assets29/58€102k€89k▼
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€31k€17k▼
Trade receivables40€18k€9k▼
Other amounts receivable41€13k€8k▼
Cash at bank and in hand54/58€60k€63k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€146k€147k▲
Equity10/15€112k€131k▲
Contributions10/11€6k€6k=
Reserves13€81k€125k▲
Distributable reserves133€81k€125k▲
Profit (loss) carried forward14€25k-
Amounts payable17/49€33k€16k▼
Amounts payable within one year42/48€33k€16k▼
Financial debts43€6k-
Credit institutions430/8€6k-
Trade debts44€14k€6k▼
Suppliers440/4€14k€6k▼
Taxes, remuneration and social security45€13k€10k▼
Taxes450/3€11k€10k▼
Remuneration and social security454/9€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€35k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€15k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€299€53▼
Gross operating margin9900€84k€45k▼
Operating profit (loss)9901€37k€26k▼
Financial income75/76B€0€357▲
Recurring financial income75€0€357▲
Financial charges65/66B€1k€358▼
Recurring financial charges65€1k€358▼
Profit (loss) for the period before taxes9903€35k€26k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€25k€19k▼
Profit (loss) for the period to be appropriated9905€25k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€19k▼
Profit (loss) brought forward from the previous period14P€25k-
Transfer to equity691/2€25k€19k▼
To other reserves6921€25k€19k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €25k ▲1.3%
Operating result €37k, net result €25k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲28.6%
5 profitable years in a row build equity to €112k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.54
Current ratio from 1.75 to 3.54; short-term debt falls from €46k to €24k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-15k ▼317%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Londerzeel · 1 establishment unit since 2007
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.
Robbroekstraat 61840 LonderzeelGround area
1,449 m²
Building footprint
160 m²
Volume, LiDAR
794 m³
Parcel 23080C0001/00R000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDVS
since 20072.162.026.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23080C0001/00R000 | Flanders | 1,449 m² | 1 · 160 m² | 7.3 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.
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2007
Fiscal year end31-12
Abbreviation NL
VDVS
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/26 87 43