VVD PROJECTS
ActiveVVD PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-30k. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-27
Solvency100=
Growth32=
Track record100
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 88.77; short-term debt: 1.1% and cash: 4.1% of total assets), and 5.7% 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 68
Relative position
BE, all sectors
reference
Sector 68
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
94.3%
Return on assets
-32.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-30k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
22 d early
2023
54 d late
2022
146 d early
2021
23 d early
2020
31 d late
2019
22 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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€87k▼ 25.7%
2024 · €118k
2018: €228k
2019: €186k
2020: €161k
2021: €145k
2022: €133k
2023: €123k
2024: €118k
2018 → 2025
Total assets
€93k▼ 23.9%
2024 · €122k
2018: €2.26M
2019: €1.20M
2020: €1.12M
2021: €721k
2022: €658k
2023: €166k
2024: €122k
2018 → 2025
Net result
€-30k▼ 475%
2024 · €-5k
2018: €159k
2019: €-42k
2020: €-25k
2021: €-16k
2022: €-12k
2023: €-11k
2024: €-5k
2018 → 2025
Working capital
€92k▼ 24.7%
2024 · €122k
2018: €1.81M
2019: €1.13M
2020: €1.11M
2021: €691k
2022: €640k
2023: €156k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€145k-€133k▼ 8.2%€123k▼ 8.0%€118k▼ 4.3%€87k▼ 25.7%
Operating result€-15k-€-11k▲ 25.5%€-6k▲ 49.3%€-5k▲ 18.1%€-30k▼ 545%
Net result€-16k-€-12k▲ 24.3%€-11k▲ 10.7%€-5k▲ 50.5%€-30k▼ 475%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €93k
Equity
€87k▼ 25.7%
Debt
€5k▲ 28.0%
The debt ratio rises from 3.4% to 5.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
94.3%▼
2024 · 96.6%
Current ratio
88.77
Quick ratio
15.55
Debt / equity
0.06▲
2024 · 0.03
ROE
-34.5%▼
2024 · -4.5%
ROA
-32.6%▼
2024 · -4.3%
Debt
€5k▲
2024 · €4k
Debt ≤ 1 year
€1k▲
2024 · €72
Debt > 1 year
€4k▲
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€122k€93k▼
Current assets29/58€122k€93k▼
Amounts receivable after more than one year29€6k€12k▲
Other amounts receivable291€6k€12k▲
Stocks and contracts in progress3€113k€76k▼
Stocks30/36€113k€76k▼
Amounts receivable within one year40/41€1k€400▼
Trade receivables40€0€400▲
Other amounts receivable41€1k€0▼
Cash at bank and in hand54/58€1k€4k▲
Deferred charges and accrued income490/1€49€227▲
Equity and liabilities
Total equity and liabilities10/49€122k€93k▼
Equity10/15€118k€87k▼
Contributions10/11€19k€19k=
Reserves13€99k€69k▼
Distributable reserves133€99k€69k▼
Amounts payable17/49€4k€5k▲
Amounts payable after more than one year17€4k€4k▲
Other amounts payable178/9€4k€4k▲
Amounts payable within one year42/48€72€1k▲
Trade debts44€72€552▲
Suppliers440/4€72€552▲
Taxes, remuneration and social security45-€492
Taxes450/3-€492
Accrued charges and deferred income492/3€23€161▲
Income statement
Code20242025
Other operating charges640/8€126€128▲
Gross operating margin9900€-4k€-30k▼
Operating profit (loss)9901€-5k€-30k▼
Financial income75/76B€49€227▲
Recurring financial income75€49€227▲
Financial charges65/66B€685€616▼
Recurring financial charges65€685€616▼
Profit (loss) for the period before taxes9903€-5k€-30k▼
Profit (loss) for the period9904€-5k€-30k▼
Profit (loss) for the period to be appropriated9905€-5k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-30k▼
Transfer from equity791/2€5k€30k▲
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 99current ratio 1690.49
Current ratio from 17.04 to 1690.49; short-term debt falls from €10k to €72.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Liquidity times 6current ratio 107.00
Current ratio from 17.80 to 107.00; short-term debt falls from €67k to €10k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-42k ▼127%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 17.80
Current ratio from 5.05 to 17.80; short-term debt falls from €447k to €67k.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anzegem · 1 establishment unit since 2011
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.
Grote Leiestraat 2018570 AnzegemGround area
2,298 m²
Building footprint
326 m²
Volume, LiDAR
1,419 m³
Parcel 34002A0381/00R002, Flanders · tallest building 11.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VVD PROJECTS
since 20112.203.392.315
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002A0381/00R002 | Flanders | 2,298 m² | 1 · 326 m² | 11.6 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.
Similar companies · same sector, comparable size
MACOMAS
BE 0890.465.443
Ieper · Eq €87k
KD IMMO
BE 0758.449.829
Lincent · Eq €87k
HALTO
BE 0730.846.401
Torhout · Eq €87k
Pure Estates
BE 0477.933.846
Kalmthout · Eq €87k
HAECK S
BE 0802.439.428
Wingene · Eq €88k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,382. 5,279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-09-2011
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.