VDB.M · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VDB.M is 0.2% (very low). The 2025 annual accounts show equity of €59k and a net result of €26k. Its solvency ranks better than 53% of 2219 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-09-2025	30-04-2026	14-04-2026	16 d early	2026-00081075
30-09-2024	30-04-2025	08-04-2025	22 d early	2025-00065636

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€26k-28.7%

Working capital€47k+99.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 14-04-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Sector comparison

Fiscal year 2025 · NACE 86, Human health · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	62.2%	58.2%	better than 53% of 2219 sector peers
Net result	€26k	€60k	better than 26% of 2217 sector peers
Equity	€59k	€74k	better than 45% of 2219 sector peers
Gross operating margin	€61k	€95k	better than 33% of 2219 sector peers
Staff costs	€15k	€22k	higher than 42% of 362 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€46k

-25.4% 24-25

Net profit

€26k

-28.7% 24-25

Cash flow

€37k

-20.8% 24-25

Total assets

€96k

+28.0% 24-25

Equity

€59k

+73.8% 24-25

Working capital

€47k

+99.3% 24-25

Employees (FTE)

1

- 24-25

Staff costs

€15k

- 24-25

Show 12 other metrics

Income taxes

€10k

-35.6% 24-25

Dividends

€5k

- 24-25

Debt

€36k

-10.7% 24-25

Debt ≤ 1y

€16k

+28.7% 24-25

Debt > 1y

€20k

-28.7% 24-25

Current ratio

3.87

+35.6% 24-25

Quick ratio

3.87

+35.6% 24-25

Solvency

62.2%

+35.8% 24-25

Debt / equity

0.61

-48.6% 24-25

ROE

43.3%

-59.0% 24-25

ROA

26.9%

-44.3% 24-25

Interest coverage

29.10

-54.8% 24-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€46k
Net profit	€26k
Cash flow	€37k
Staff costs	€15k
Income taxes	€10k
Dividends	-
Total assets	€96k
Equity	€59k
Debt	€36k
of which ≤ 1y	€16k
of which > 1y	€20k
Working capital	€47k
Employees (FTE)	0.8

Ratios (computed)

	2025
Current ratio	3.87
Quick ratio	3.87
Working capital ratio	49.1%
Solvency	62.2%
Debt / equity	0.61
Long-term debt ratio	0.33
Interest coverage	29.10
Gross margin	-
Net margin	-
ROA	26.9%
ROE	43.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €32k · 33.8% Current assets €63k · 66.2%

Equity & liabilities

Equity €59k · 62.2% Debt €36k · 37.8%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€96k
Fixed assets	21/28	€32k
Tangible fixed assets	22/27	€32k
Current assets	29/58	€63k
Amounts receivable within one year	40/41	€42k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€96k
Equity	10/15	€59k
Contributions / capital	10/11	€4k
Reserves	13	€56k
Amounts payable	17/49	€36k
Amounts payable after one year	17	€20k
Amounts payable within one year	42/48	€16k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€61k
Operating result	9901	€35k
Financial income	75	€2k
Financial charges	65	€2k
Result before taxes	9903	€36k
Income taxes	67/77	€10k
Net result for the period	9904	€26k
Result to be appropriated	9905	€26k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

VDB.M

Rue de la Croix-Cailloux(V) 30, 7334 Saint-GhislainActiviteiten van huisartspraktijken

since 20232.350.200.627

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area2,227 m²

Buildings1

Building footprint113 m²

Volume (LiDAR)405 m³

Tallest building4.5 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)