Skip to content

VDW LOGISTIC

Active
Private limited companyfounded 20196 yrs activeAvenue de l'Innovation 4, 7822 Ath, BelgiumKBO/BCE: BE 0739.961.728
Summary

The computed 12-month bankruptcy probability of VDW LOGISTIC is 1.8% (moderate). The 2025 annual accounts show negative equity (-€69,226) and a net result of €163,626. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1104 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Warehousing and storage
NACE 52100
1 site
Size
€1.3mturnover 2025
Staff
6 FTE
Equity
-€69,226
Profit
€163,626
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.8%
Structure
Accounts filed 25 d late0 of 3 deeds read
Why 55- Sector Warehousing and support activities for transportation (NACE 52)- Negative equity -€69,226- Founded in 2019+ Size: turnover €1.3m, total assets €376,323Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 47% of its sector peers (NACE 52, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 7+7
equity -18.4% of total assets
Liquidity 16+6
short-term debt 118.4% · cash 12.5%
Profitability 93+93
return on assets 43.5%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,281 companies)
Last 24 months 11-2024: 5.9%highest value 12-2024: 4.4%▼ -25.9% vs 11-2024 01-2025: 4.2%▼ -3.7% vs 12-2024 02-2025: 4.2%▼ -0.5% vs 01-2025 03-2025: 4.3%▲ +2.6% vs 02-2025 04-2025: 4.2%▼ -1.4% vs 03-2025 05-2025: 4.3%▲ +1.9% vs 04-2025 06-2025: 4.4%▲ +1.3% vs 05-2025 07-2025: 4.5%▲ +2.0% vs 06-2025 08-2025: 5.3%▲ +19.4% vs 07-2025 09-2025: 5.8%▲ +8.0% vs 08-2025 10-2025: 3.1%▼ -45.4% vs 09-2025 11-2025: 3.2%▲ +0.9% vs 10-2025 12-2025: 3.3%▲ +4.7% vs 11-2025 01-2026: 3.3%● 0.0% vs 12-2025 02-2026: 3.4%▲ +2.4% vs 01-2026 03-2026: 2.9%▼ -14.7% vs 02-2026 04-2026: 2.9%▲ +0.2% vs 03-2026 05-2026: 2.8%▼ -3.8% vs 04-2026 06-2026: 2.7%▼ -3.7% vs 05-2026 07-2026: 2.8%▲ +3.5% vs 06-2026 08-2026: 3.5%▲ +25.7% vs 07-2026 09-2026: 1.8%▼ -49.9% vs 08-2026lowest value 10-2026: 1.8%● 0.0% vs 09-2026lowest value
  • Sector Warehousing and support activities for transportation (NACE 52) raises the probability
  • Negative equity -€69,226 raises the probability
  • Size: turnover €1.3m, total assets €376,323 lowers the probability for this profile
  • Founded in 2019 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.69 against 0.48 in 2024; short-term debt: 118.4% and cash: 12.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 52, micro). Better than this share of them on solvency 9%, liquidity 12%, profitability 82%, growth against the median 87%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Sector Warehousing and support activities for transportation (NACE 52)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity -€69,226
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €1.3m, total assets €376,323
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2019
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1104 sector peers (2025).
NBB · sector comparison
Position among 1104 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 6 filings
Deviation from the deadline
2025
25 d late
2024
28 d late
2023
28 d late
2022
29 d late
2021
26 d late
2020
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 21 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 28 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €163,626
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€69,226 View
  • Caution: Among the weakest 5% on equitysector median €52,749 · 1,104 companies -€69,226 View
  • Positive: Back in profit in 2025after -€80,839 in 2024 €163,626 View

By topic

Financials

Fiscal year
2025
Turnover
€1.3m
Profit
€163,626
Solvency
-18.4%
Turnover▲ 40.2%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-07-2027
  1. 25-08-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 28-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Warehousing and storageNACE 52100
Founded
23-12-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.