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VDG HUMAN CAPITAL

Active
Private limited companyfounded 201510 yrs activeGrimbergsesteenweg 75, 1850 Grimbergen, BelgiumKBO/BCE: BE 0642.475.441

VDG HUMAN CAPITAL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67k and a net result of €22k. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
90 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+9
Solvency91▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 2.5 in 2023; short-term debt: 33.8% and cash: 71.9% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Two signals. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-05-2025, 63 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
63 d early
2023
40 d early
2022
49 d early
2021
43 d early
2020
43 d early
2019
43 d early
← before the deadline after the 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 2024, micro schema

Equity
€67k▲ 47.9%
2023 · €45k
2018: €18k 2019: €18k 2020: €29k 2021: €36k 2022: €32k 2023: €45k
2018 → 2024
Total assets
€101k▲ 14.6%
2023 · €88k
2018: €37k 2019: €34k 2020: €53k 2021: €99k 2022: €82k 2023: €88k
2018 → 2024
Net result
€22k▲ 69.5%
2023 · €13k
2018: €6k 2019: €-333 2020: €11k 2021: €7k 2022: €6k 2023: €13k
2018 → 2024
Working capital
€40k▲ 24.6%
2023 · €32k
2018: €5k 2019: €7k 2020: €23k 2021: €11k 2022: €12k 2023: €32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€29k-€36k▲ 24.5%€32k▼ 11.0%€45k▲ 39.4%€67k▲ 47.9%
Operating result€19k-€14k▼ 24.9%€12k▼ 17.4%€21k▲ 80.2%€33k▲ 54.6%
Net result€11k-€7k▼ 35.4%€6k▼ 16.1%€13k▲ 113%€22k▲ 69.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2020: €19k€19kNet result 2020: €11k€11kOperating result 2021: €14k€14kNet result 2021: €7k€7kOperating result 2022: €12k€12kNet result 2022: €6k€6kOperating result 2023: €21k€21kNet result 2023: €13k€13kOperating result 2024: €33k€33kNet result 2024: €22k€22k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €101k
Fixed assets €27k▼ 22.4%
Current assets €74k▲ 38.2%
Equity and liabilities €101k
Equity €67k▲ 47.9%
Debt €34k▼ 20.6%
The debt ratio falls from 48.7% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€52k
2023 · €39k
Cash flow
€41k
2023 · €31k
Solvency
66.2%
2023 · 51.3%
Current ratio
2.18
2023 · 2.50
Quick ratio
2.18
2023 · 2.50
Debt / equity
0.51
2023 · 0.95
ROE
32.4%
2023 · 28.3%
ROA
21.5%
2023 · 14.5%
Interest coverage
26.42
2023 · 17.94
Debt
€34k
2023 · €43k
Debt ≤ 1 year
€34k
2023 · €21k
Income taxes
€9k
2023 · €6k
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€88k€101k
Fixed assets21/28€34k€27k
Tangible fixed assets22/27€34k€27k
Plant, machinery and equipment23€3k€6k
Furniture and vehicles24€2k€3k
Leasing and similar rights25€30k€15k
Other tangible fixed assets26-€2k
Current assets29/58€54k€74k
Amounts receivable within one year40/41€2k€1k
Other amounts receivable41€2k€1k
Cash at bank and in hand54/58€52k€72k
Deferred charges and accrued income490/1-€576
Equity and liabilities
Total equity and liabilities10/49€88k€101k
Equity10/15€45k€67k
Contributions10/11€6k€6k=
Reserves13€39k€60k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€37k€59k
Profit (loss) carried forward14€76€76=
Amounts payable17/49€43k€34k
Amounts payable after more than one year17€21k-
Financial debts170/4€21k-
Amounts payable within one year42/48€21k€34k
Current portion of amounts payable after more than one year42€10k€21k
Trade debts44€1k€493
Suppliers440/4€1k€493
Taxes, remuneration and social security45€2k€6k
Taxes450/3€2k€6k
Other amounts payable47/48€8k€6k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k
Other operating charges640/8€132€63
Gross operating margin9900€39k€52k
Operating profit (loss)9901€21k€33k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€19k€31k
Income taxes67/77€6k€9k
Profit (loss) for the period9904€13k€22k
Profit (loss) for the period to be appropriated9905€13k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€22k
Profit (loss) brought forward from the previous period14P€76€76=
Transfer to equity691/2€13k€22k
To other reserves6921€13k€22k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €22k ▲69.5%
Operating result €33k, net result €22k, both a record.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
18-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
18-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-333 ▼105%
Net result drops to €-333, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Grimbergen · 1 establishment unit since 2015
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.

Grimbergsesteenweg 751850 Grimbergen
Ground area
149 m²
Building footprint
119 m²
Volume, LiDAR
832 m³
Parcel 23403G0408/00C003, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grimbergsesteenweg 75, 1850 Grimbergen
Employment placement agencies
since 20152.249.889.165
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23403G0408/00C003 Flanders 149 m² 1 · 119 m² 10.1 m · 3 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

Of 13,425 companies in sector 73300 we hold annual accounts for 6,900. 5,587 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-10-2015
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.