VDB & VML
ActiveVDB & VML has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €299k and a net result of €-9k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-8
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.72 against 5.1 in 2024; short-term debt: 17.9% and cash: 72.7% of total assets), and 18.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
9 d early
2022
3 d early
2021
2 d early
2020
11 d early
2019
1 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€299k▼ 8.7%
2024 · €328k
2018: €121k
2019: €135k
2020: €153k
2021: €151k
2022: €399k
2023: €415k
2024: €328k
2018 → 2025
Total assets
€367k▼ 6.6%
2024 · €393k
2018: €188k
2019: €176k
2020: €185k
2021: €199k
2022: €448k
2023: €457k
2024: €393k
2018 → 2025
Net result
€-9k
2024 · €16k
2018: €15k
2019: €24k
2020: €19k
2021: €59
2022: €248k
2023: €17k
2024: €16k
2018 → 2025
Working capital
€245k▼ 5.8%
2024 · €260k
2018: €56k
2019: €47k
2020: €109k
2021: €106k
2022: €378k
2023: €391k
2024: €260k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€399k▲ 164%€415k▲ 4.1%€328k▼ 21.0%€299k▼ 8.7%
Operating result€-879-€356k€21k▼ 94.1%€19k▼ 7.6%€2k▼ 90.1%
Net result€59-€248k▲ 422,290%€17k▼ 93.3%€16k▼ 5.5%€-9k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367k
Fixed assets
€56k▼ 19.2%
Current assets
€311k▼ 3.9%
Equity and liabilities €367k
Equity
€299k▼ 8.7%
Debt
€68k▲ 3.9%
The debt ratio rises from 16.6% to 18.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€15k▼
2024 · €26k
Cash flow
€4k▼
2024 · €23k
Solvency
81.6%▼
2024 · 83.4%
Current ratio
4.72▼
2024 · 5.10
Quick ratio
4.45▼
2024 · 5.02
Debt / equity
0.23▲
2024 · 0.20
ROE
-3.0%▼
2024 · 4.8%
ROA
-2.5%▼
2024 · 4.0%
Interest coverage
8.48▼
2024 · 15.22
Debt
€68k▲
2024 · €65k
Debt ≤ 1 year
€66k▲
2024 · €63k
Income taxes
€12k▲
2024 · €5k
Staff costs
€71k▲
2024 · €60k
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€393k€367k▼
Fixed assets21/28€69k€56k▼
Tangible fixed assets22/27€55k€42k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€53k€41k▼
Financial fixed assets28€14k€14k=
Current assets29/58€323k€311k▼
Amounts receivable after more than one year29€36k€0▼
Other amounts receivable291€36k€0▼
Stocks and contracts in progress3€6k€18k▲
Stocks30/36€4k€7k▲
Contracts in progress37€2k€11k▲
Amounts receivable within one year40/41€37k€20k▼
Trade receivables40€36k€14k▼
Other amounts receivable41€1k€6k▲
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€139k€267k▲
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€393k€367k▼
Equity10/15€328k€299k▼
Contributions10/11€30k€30k=
Reserves13€284k€267k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€284k€267k▼
Profit (loss) carried forward14€14k€3k▼
Amounts payable17/49€65k€68k▲
Amounts payable within one year42/48€63k€66k▲
Trade debts44€11k€23k▲
Suppliers440/4€11k€23k▲
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€8k€13k▲
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€42k€29k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€331€413▲
Remuneration, social security and pensions62€60k€71k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€13k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€88k€87k▼
Operating profit (loss)9901€19k€2k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€21k€3k▼
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€16k€-9k▼
Profit (loss) for the period to be appropriated9905€16k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€5k▼
Profit (loss) brought forward from the previous period14P-€14k
Transfer from equity791/2€1k€18k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€3k€19k▲
Return on contributions (dividend)694€3k€19k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (16 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-9k ▼158%
Net result drops to €-9k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €248k ▲422290%
Operating result €356k, net result €248k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 8.69
Current ratio from 3.21 to 8.69.
31-12
Financial
Equity above €200kEq €399k ▲164%
5 profitable years in a row build equity to €399k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €153k ▲13.1%
3 profitable years in a row build equity to €153k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Grimbergen · 1 establishment unit since 1989
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.
Borgtstraat 381850 GrimbergenGround area
643 m²
Building footprint
100 m²
Volume, LiDAR
520 m³
Parcel 23403H0092/00D007, Flanders · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDB & VML
since 19892.043.320.341
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23403H0092/00D007 | Flanders | 643 m² | 1 · 100 m² | 15.2 m · 2 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
2023 to 2024 · 2 entries · 315 EUR awarded · 315 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 104 EUR |
| 2023 | 1 | 315 EUR | 211 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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OCHAU
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Of 7,038 companies in sector 43221 we hold annual accounts for 3,469. 2,695 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-1988
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
43230Insulation installation
43291Specialised construction activities
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.