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VGD Solutions

Active
Private limited companyfounded 20188 yrs activeKooigemstraat(S) 1, 8554 Zwevegem, BelgiumKBO/BCE: BE 0694.992.627

VGD Solutions is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €32k and a net result of €4k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 2413 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
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 10-06-2026, 51 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
51 d early
2024
51 d early
2023
35 d early
2022
34 d early
2021
40 d early
2020
23 d early
2019
3 d early
← 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 months
Position in the running window
16-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€32k▲ 12.8%
2024 · €28k
2019: €5k 2020: €8k 2021: €17k 2022: €19k 2023: €21k 2024: €28k
2019 → 2025
Net result
€4k▼ 52.2%
2024 · €8k
2019: €-4k 2020: €3k 2021: €9k 2022: €2k 2023: €2k 2024: €8k
2019 → 2025
Total assets
€68k▲ 8.9%
2024 · €62k
2019: €23k 2020: €41k 2021: €69k 2022: €76k 2023: €69k 2024: €62k
2019 → 2025
Solvency
46.9%▲ 1.6pp
2024 · 45.3%
2019: 23.2% 2020: 19.7% 2021: 24.8% 2022: 24.4% 2023: 29.9% 2024: 45.3%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€17k-€19k▲ 9.0%€21k▲ 10.6%€28k▲ 36.7%€32k▲ 12.8%
Operating result€12k-€3k▼ 75.6%€4k▲ 29.1%€12k▲ 208%€6k▼ 50.2%
Net result€9k-€2k▼ 83.1%€2k▲ 28.1%€8k▲ 285%€4k▼ 52.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10kOperating result 2021: €12k€12kNet result 2021: €9k€9kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €4k€4kNet result 2023: €2k€2kOperating result 2024: €12k€12kNet result 2024: €8k€8kOperating result 2025: €6k€6kNet result 2025: €4k€4k20212022202320242025
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets €2k▲ 151%
Current assets €66k▲ 7.1%
Equity and liabilities €68k
Equity €32k▲ 12.8%
Debt €36k▲ 5.7%
The debt ratio falls from 54.7% to 53.1%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
Solvency
46.9%
2024 · 45.3%
ROE
11.4%
2024 · 26.9%
ROA
5.3%
2024 · 12.2%
Debt
€36k
2024 · €34k
Debt ≤ 1 year
€35k
2024 · €31k
Debt > 1 year
€0
2024 · €3k
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€62k€68k
Fixed assets21/28€766€2k
Tangible fixed assets22/27€766€2k
Plant, machinery and equipment23€119€740
Furniture and vehicles24€647€1k
Current assets29/58€61k€66k
Stocks and contracts in progress3€23k€23k
Stocks30/36€23k€23k
Amounts receivable within one year40/41€26k€28k
Trade receivables40€24k€26k
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€12k€14k
Deferred charges and accrued income490/1€311€1k
Equity and liabilities
Total equity and liabilities10/49€62k€68k
Equity10/15€28k€32k
Contributions10/11€9k€9k=
Reserves13€19k€23k
Distributable reserves133€19k€23k
Amounts payable17/49€34k€36k
Amounts payable after more than one year17€3k€0
Financial debts170/4€3k€0
Amounts payable within one year42/48€31k€35k
Current portion of amounts payable after more than one year42€3k€3k
Trade debts44€20k€21k
Suppliers440/4€20k€21k
Taxes, remuneration and social security45€7k€9k
Taxes450/3€7k€9k
Other amounts payable47/48€305€2k
Accrued charges and deferred income492/3€155€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€653€797
Other operating charges640/8€516€528
Gross operating margin9900€13k€7k
Operating profit (loss)9901€12k€6k
Financial income75/76B€39€56
Recurring financial income75€39€56
Financial charges65/66B€554€362
Recurring financial charges65€554€362
Profit (loss) for the period before taxes9903€11k€6k
Income taxes67/77€4k€2k
Profit (loss) for the period9904€8k€4k
Profit (loss) for the period to be appropriated9905€8k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€8k€4k
Transfer to equity691/2€8k€4k
To other reserves6921€8k€4k

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-03
State Gazette act Purpose · Resignations & appointments
General meeting · Name change · Purpose change6 facts ▸
  • General meeting, 26-03-2026
  • Name change, C-Booxx
  • Purpose change, De vennootschap heeft tot voorwerp, en dit zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden: Het verrichten van expertises…
  • Director resignation, Marieke Monteyne (bestuurder)
  • Director discharge, Marieke Monteyne
  • Power of attorney, tileXpert
2025
10-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2019net €9k ▲249%
Operating result €12k, net result €9k, both a record.
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-03-2026 Marieke Monteyne: Resigned as Director
01-03-2019 Vandewiele Lars: Resigned as Manager
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2018
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.

Kooigemstraat(S) 18554 Zwevegem
Ground area
695 m²
Building footprint
147 m²
Volume, LiDAR
545 m³
Parcel 34034C0580/00G000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
tileXpert
Kooigemstraat(S) 1, 8554 ZwevegemAgents in the wholesale of timber and building materials
since 20182.276.281.776
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34034C0580/00G000 Flanders 695 m² 1 · 147 m² 7.7 m · 1 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 450 EUR awarded · 450 EUR paid
Year Entries awardedpaid
2024 1 450 EUR450 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 450 EUR · 450 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 854 companies in sector 66210 we hold annual accounts for 512. 362 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-04-2018
Fiscal year end31-12
Activities, NACEBEL
66210Risk and damage evaluation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.