Turnover
≈ €190,000 estimated
The micro format states no turnover.
VDWS
Overview
Lifetime
1 annual account with figurespeak €46,744 (2025)
€46,744
peak €14,756 (2025)
€14,756
peak €19,756 (2025)
€19,756
€94,448
Board1 name since 2024
1 directorvan Dijck, Lex
Documentsfilings and deeds
18-02-2026163 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€94,448 83% of the balance sheet
Financial debts 36%Suppliers 28%Taxes and wages 5%Other 32%
Of this, €60,792 falls due within a year.
Starting capital
€5,000 100 shares
Checked score
51
Fair
Financially stronger than 34% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,399 companies (NACE 33, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 1.8%lowest value
08-2025: 1.8%● unchanged vs 07-2025lowest value
09-2025: 1.9%▲ +0.1 percentage points vs 08-2025
10-2025: 2.3%▲ +0.4 percentage points vs 09-2025
11-2025: 2.4%▲ +0.1 percentage points vs 10-2025
12-2025: 2.7%▲ +0.3 percentage points vs 11-2025
01-2026: 2.7%● unchanged vs 12-2025
02-2026: 2.9%▲ +0.2 percentage points vs 01-2026highest value
03-2026: 2.5%▼ -0.4 percentage points vs 02-2026
04-2026: 2.5%● unchanged vs 03-2026
05-2026: 2.5%● unchanged vs 04-2026
06-2026: 2.6%▲ +0.1 percentage points vs 05-2026
07-2026: 2.6%● unchanged vs 06-2026
08-2026: 2.6%● unchanged vs 07-2026
09-2026: 2.6%● unchanged vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Size: total assets €114,205
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
Equity €19,756 (17.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 21% of them on solvency, 19% on liquidity and 61% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as VDWS has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VDWS itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for VDWS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.42, below 1. Short-term debt is 53.2% and cash 6.1% of total assets. 82.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1703 sector peers (2025).
NBB · sector comparisonPosition among 1703 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-02-2026, 163 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
163 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- van Dijck, Lex 50 sharesdeed of 26-06-2024
- Wuyts, Indy Frank Liliane 50 sharesdeed of 26-06-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010658935
Incorporation
Founding capital of €5,000, 100 shares · Founders: van Dijck, Lex; Wuyts, Indy Frank Liliane · Appointment: van Dijck, Lex (director) · published on 26-06-2024 · Gazette deed
First establishment
Holleweg 150, Kalmthout
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VDWS Kalmthout | €114,205 | €46,744 | 17.3% | - |
| Tim Noben Service Genk | €109,392 | €50,432 | 55.8% | - |
| DH Technics Opwijk | €116,013 | €56,892 | 47.8% | - |
| Dumont Warre Wuustwezel | €119,575 | €34,404 | 23.4% | - |
| E.Y Technics Ranst | €82,843 | €49,887 | 49.6% | - |
| LVR SERVICE Rijkevorsel | €136,869 | €62,597 | 33.6% | - |
| Heylen Solutions Oud-Turnhout | €142,203 | €36,101 | 16.0% | - |
These companies have the same main activity as VDWS: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €82,800 and €142,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 24-06-2024Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120
- Establishment unit
- 2.361.449.8552920 Kalmthout, since 24-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-07-2024
Annual accounts 2025
- €46,744
- €14,756
- €19,756
- €114,205
- Filing
- Filed on 18-02-2026, 163 days before the end of the filing period
Insights on VDWS
The computed 12-month bankruptcy probability of VDWS is 2.6% (moderate). The 2025 annual accounts show equity of €19,756 and a net result of €14,756.
Its solvency ranks better than 20% of 1,703 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 18-02-2026, 163 days before the deadline€46,744
€23,426
€14,756
-€35,400
17.3%
0.42
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €110,000 and €340,000.
Balance sheet
balance sheet total €114,205 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
17.3%
Higher than 20% of 1,703 companies in 2025.
0.42
Higher than 5% of 1,665 companies in 2025.
12.9%
Higher than 54% of 1,670 companies in 2025.
VDWS
Middle half of the sector
80% of the sector
Micro accounts in repair and installation of machinery (NACE 33)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
114,205 | |
21/28 |
88,813 | |
22/27 |
88,813 | |
23 |
66,312 | |
24 |
22,501 | |
29/58 |
25,391 | |
40/41 |
18,308 | |
40 |
18,308 | |
54/58 |
6,980 | |
490/1 |
104 | |
| Balance sheet: equity and liabilities | ||
10/49 |
114,205 | |
10/15 |
19,756 | |
10/11 |
5,000 | |
13 |
14,756 | |
133 |
14,756 | |
17/49 |
94,448 | |
17 |
33,657 | |
170/4 |
33,657 | |
42/48 |
60,792 | |
42 |
11,322 | |
44 |
25,974 | |
440/4 |
25,974 | |
45 |
4,385 | |
450/3 |
4,385 | |
47/48 |
19,111 | |
| Income statement | ||
9900 |
46,744 | |
630 |
16,764 | |
640/8 |
1,512 | |
66A |
5,041 | |
9901 |
23,426 | |
65/66B |
6,319 | |
65 |
6,319 | |
9903 |
17,107 | |
67/77 |
2,351 | |
9904 |
14,756 | |
9905 |
14,756 | |
| Appropriation of the result | ||
9906 |
14,756 | |
691/2 |
14,756 | |
6921 |
14,756 | |
| Document | ||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-02-2026 | 2026-00040228 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €1,165 awarded, €1,165 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,106 | €1,165 |
| 2024 | 1 | €59 | €0 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 40,191 | ||
| 31,521 | ||
| 105,578 | ||
| -35,400 | ||
| 17.3% | ||
| 0.42 | ||
| 4.78 | ||
| 74.7% | ||
| 12.9% | ||
| 6.36 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €105,577 |
| Intangible fixed assets | €1 |
| €16,764 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on VDWS
Debt's share of the balance-sheet total is 82.7%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 18-06-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 18-02-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 26-06-2024
Mandates through the years
1 name, the dashed line is todayvan Dijck, Lex
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- van Dijck, Lex
- Director (not named in the articles), from 18-06-2024 to date
Control
Founders
van Dijck, Lex, Wuyts, Indy Frank Liliane
This company
VDWS
Equity €19,756
Profit €14,756 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €198 in 2025
- Source
- deed of 26-06-2024
Articles of association
deed of 26-06-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of June at 20:00
Shareholders
At incorporation
deed of 26-06-2024 ↗
- van Dijck, Lex 50 shares (50%) · €2,500
- Wuyts, Indy Frank Liliane 50 shares (50%) · €2,500
Network & group
No group
VDWS has no parent and no holdings in its annual accounts. van Dijck, Lex is the only director. VDWS shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 163 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1010658935
IncorporationFounding capital of €5,000, 100 shares · Founders: van Dijck, Lex; Wuyts, Indy Frank Liliane · Appointment: van Dijck, Lex (director) · published on 26-06-20245 points ▸
- Founder, van Dijck, Lex
- Founder, Wuyts, Indy Frank Liliane
- Founding capital, €5,000, 100 shares
- Director appointment, van Dijck, Lex (director (not named in the articles))
- Power of attorney, van Dijck, Lex
- The deed holds 4 more points.
First establishment Holleweg 150, Kalmthout
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1010.658.935
- VAT number
- BE 1010.658.935
- Peppol ID
- 0208:1010658935
- Other Peppol ID
- 9925:BE1010658935
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-06-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Wednesday of June at 20:00deed of 26-06-2024 (in Dutch)
- Peppol
- Reachable since 12-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- VDWS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 26-06-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Holleweg 150, 2920 Kalmthout”deed of 26-06-2024 (in Dutch)
Activities
NACEBEL 202533120
Repair and maintenance of machinery main activity
Codes under NACEBEL 2008
33120
Repair, maintenance and installation of machinery and equipment main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden; Onderhoud en herstelling van landbouwtractoren…”deed of 26-06-2024 (in Dutch)
10 activities
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden;
- Onderhoud en herstelling van landbouwtractoren, motoculteurs en gazonmaaiers;
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden;
- Verhuur van landbouwmachines en -werktuigen met bedieningspersoneel;
- Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering;
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.;
- Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enz.;
- Managementactiviteiten van holdings;
- Het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van het bezit van of de controle over het maatschappelijk kapitaal/inbreng en andere managementactiviteiten;
- Overige zakelijke dienstverlening;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Holleweg 150 registered office 2920 Kalmthout 0161006 Support activities for crop production | 24-06-2024 | 2.361.449.855 |
Buildings and parcels at the address
- Ground area
- 1,169 m²
- Buildings
- 134 m²
- Volume, LiDAR
- 599 m³
- Tallest building
- 6.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11662C0858/00T015 | 1,169 m² | 1 · 134 m² | 6.9 m · 2 |