VDF
ActiveThe computed 12-month bankruptcy probability of VDF is 1.8% (moderate). The 2024 annual accounts show equity of €13k and a net result of €4k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 13% of 37972 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+91
Solvency11▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.52 in 2023), and 92.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
7.7%
Return on assets
2.3%
Age of the figures
20 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 37972 sector peers (2024).
NBB · sector comparisonPosition among 37972 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
on the day
2022
56 d late
2021
68 d late
2020
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€13k▲ 41.7%
2023 · €9k
2020: €180
2021: €9k
2022: €9k
2023: €9k
2020 → 2024
Total assets
€164k▲ 27.9%
2023 · €128k
2020: €23k
2021: €31k
2022: €59k
2023: €128k
2020 → 2024
Net result
€4k▲ 2,198%
2023 · €162
2020: €-7k
2021: €9k
2023: €162
2020 → 2024
Working capital
€-37k▲ 35.2%
2023 · €-57k
2020: €180
2021: €9k
2022: €10k
2023: €-57k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180-€9k▲ 4,761%€9k=€9k▲ 1.8%€13k▲ 41.7%
Operating result€-7k-€9k€5k▼ 47.2%€2k▼ 53.1%€17k▲ 692%
Net result€-7k-€9k€162€4k▲ 2,198%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 692% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164k
Fixed assets
€55k▼ 16.4%
Current assets
€109k▲ 74.4%
Equity and liabilities €164k
Equity
€13k▲ 41.7%
Debt
€151k▲ 26.9%
The debt ratio falls from 93.0% to 92.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€29k▲
2023 · €6k
Cash flow
€16k▲
2023 · €4k
Solvency
7.7%▲
2023 · 7.0%
Current ratio
0.75▲
2023 · 0.52
Quick ratio
0.69▲
2023 · 0.41
Debt / equity
11.94▼
2023 · 13.34
ROE
29.4%▲
2023 · 1.8%
ROA
2.3%▲
2023 · 0.1%
Interest coverage
2.17▼
2023 · 2.86
Debt
€151k▲
2023 · €119k
Debt ≤ 1 year
€146k▲
2023 · €119k
Staff costs
€262k▲
2023 · €204k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€128k€164k▲
Fixed assets21/28€66k€55k▼
Tangible fixed assets22/27€66k€55k▼
Land and buildings22€36k€32k▼
Plant, machinery and equipment23€23k€19k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€62k€109k▲
Stocks and contracts in progress3€13k€9k▼
Stocks30/36€13k€9k▼
Amounts receivable within one year40/41€23k€51k▲
Trade receivables40€10k€17k▲
Other amounts receivable41€13k€34k▲
Cash at bank and in hand54/58€24k€49k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€128k€164k▲
Equity10/15€9k€13k▲
Contributions10/11€3k€3k=
Reserves13€6k€6k▲
Distributable reserves133€6k€6k▲
Profit (loss) carried forward14€162€4k▲
Amounts payable17/49€119k€151k▲
Amounts payable within one year42/48€119k€146k▲
Trade debts44€97k€120k▲
Suppliers440/4€97k€120k▲
Taxes, remuneration and social security45€22k€26k▲
Taxes450/3€18k€16k▼
Remuneration and social security454/9€4k€10k▲
Other amounts payable47/48-€194
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Non-recurring operating income76A€25k-
Remuneration, social security and pensions62€204k€262k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k▲
Other operating charges640/8€109€3k▲
Gross operating margin9900€210k€293k▲
Operating profit (loss)9901€2k€17k▲
Financial charges65/66B€2k€13k▲
Recurring financial charges65€2k€13k▲
Profit (loss) for the period before taxes9903€162€4k▲
Profit (loss) for the period9904€162€4k▲
Profit (loss) for the period to be appropriated9905€162€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€162€4k▲
Profit (loss) brought forward from the previous period14P-€162
Transfer to equity691/2-€162
To other reserves6921-€162
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Antwerpen · 1 establishment unit since 2012
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.
Indiëstraat 212000 AntwerpenGround area
2,029 m²
Building footprint
232 m²
Volume, LiDAR
3 m³
Parcel 11807G0150/02B007, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
1 establishment unit
VDF
since 20122.214.161.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0150/02B007indicative | Flanders | 2,029 m² | 1 · 232 m² | 0.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.214.161.689
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Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 7,628 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2012
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.