VDX ENGINEERING
ActiveVDX ENGINEERING has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €-41k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 9369 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-36
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 9.83 against 10.15 in 2024), and 40.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
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 2025Solvency, return and age of the figures
Solvency
59.1%
Return on assets
-27.6%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
57 d late
2023
30 d late
2022
28 d late
2021
25 d late
2020
24 d late
2019
88 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▼ 37.4%
2024 · €140k
2018: €102k
2019: €113k
2020: €123k
2021: €133k
2022: €144k
2023: €141k
2024: €140k
2018 → 2025
Total assets
€149k▼ 4.3%
2024 · €155k
2018: €110k
2019: €131k
2020: €137k
2021: €144k
2022: €154k
2023: €162k
2024: €155k
2018 → 2025
Net result
€-41k
2024 · €10k
2018: €14k
2019: €12k
2020: €12k
2021: €11k
2022: €12k
2023: €11k
2024: €10k
2018 → 2025
Working capital
€132k▼ 3.6%
2024 · €137k
2018: €101k
2019: €111k
2020: €122k
2021: €127k
2022: €139k
2023: €137k
2024: €137k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€144k▲ 7.9%€141k▼ 1.8%€140k▼ 0.6%€88k▼ 37.4%
Operating result€15k-€16k▲ 8.5%€16k▼ 2.3%€13k▼ 18.3%€-43k
Net result€11k-€12k▲ 6.6%€11k▼ 0.7%€10k▼ 11.5%€-41k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €43k after €13k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€2k▼ 52.4%
Current assets
€147k▼ 3.3%
Equity and liabilities €149k
Equity
€88k▼ 37.4%
Provisions
€46k
Debt
€15k▼ 0.1%
The debt ratio rises from 9.6% to 10.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-41k▼
2024 · €15k
Cash flow
€-39k▼
2024 · €12k
Solvency
59.1%▼
2024 · 90.4%
Current ratio
9.83▼
2024 · 10.15
Quick ratio
9.83▼
2024 · 10.15
Debt / equity
0.17▲
2024 · 0.11
ROE
-46.7%▼
2024 · 7.2%
ROA
-27.6%▼
2024 · 6.5%
Interest coverage
-622.07▼
2024 · 284.57
Debt
€15k▼
2024 · €15k
Debt ≤ 1 year
€15k▼
2024 · €15k
Income taxes
€2k▼
2024 · €4k
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€155k€149k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€656€476▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€152k€147k▼
Amounts receivable within one year40/41€13k€20k▲
Trade receivables40€7k€9k▲
Other amounts receivable41€6k€11k▲
Cash at bank and in hand54/58€139k€127k▼
Deferred charges and accrued income490/1€57€61▲
Equity and liabilities
Total equity and liabilities10/49€155k€149k▼
Equity10/15€140k€88k▼
Contributions10/11€12k€12k=
Reserves13€56k€44k▼
Distributable reserves133€56k€44k▼
Profit (loss) carried forward14€72k€31k▼
Provisions and deferred taxes16-€46k
Provisions for liabilities and charges160/5-€46k
Other liabilities and charges164/5-€46k
Amounts payable17/49€15k€15k▼
Amounts payable within one year42/48€15k€15k▼
Trade debts44€48€327▲
Suppliers440/4€48€327▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€11k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€46k
Other operating charges640/8€387€400▲
Gross operating margin9900€15k€5k▼
Operating profit (loss)9901€13k€-43k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€51€66▲
Recurring financial charges65€51€66▲
Profit (loss) for the period before taxes9903€14k€-39k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€10k€-41k▼
Profit (loss) for the period to be appropriated9905€10k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€31k▼
Profit (loss) brought forward from the previous period14P€72k€72k▲
Transfer from equity791/2€11k€12k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
Profit to be distributed694/7€11k€12k▲
Return on contributions (dividend)694€11k€12k▲
The notes to these accounts (4 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Weakest financial yearnet €-41k ▼505%
Net result drops to €-41k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-le-Château · 1 establishment unit since 2009
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.
Rue du Drabe 24A1440 Braine-le-ChâteauGround area
7,149 m²
Building footprint
540 m²
Volume, LiDAR
2,476 m³
2 parcels, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Drabe 24, 1440 Braine-le-Château
since 20092.179.839.230
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015A0360/00W003 | Wallonia | 3,584 m² | 1 · 279 m² | 9.6 m · 1 fl. |
| 25015A0360/00V003 | Wallonia | 3,565 m² | 1 · 262 m² | 7.2 m · 2 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.
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J-TEK
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Integrated Project Support
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KUBISK
BE 0848.482.754
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AM MANAGEMENT
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Of 11,505 companies in sector 71121 we hold annual accounts for 6,522. 5,170 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2009
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.