VDL BOARD SOLUTIONS
ActiveSummary
VDL BOARD SOLUTIONS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €468k and a net result of €95k. Equity is growing by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 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
Profitability93▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 15.61 against 16.93 in 2024; short-term debt: 6.4% and cash: 18.3% of total assets), and 6.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.5%
Return on assets
19%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
4 d late
2021
16 d late
2020
41 d late
2019
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€468k▼ 6.6%
2024 · €501k
2019: €171k
2020: €152k
2021: €216k
2022: €316k
2023: €408k
2024: €501k
2019 → 2025
Total assets
€500k▼ 6.0%
2024 · €532k
2019: €172k
2020: €155k
2021: €256k
2022: €344k
2023: €472k
2024: €532k
2019 → 2025
Net result
€95k▲ 2.8%
2024 · €92k
2019: €-8k
2020: €21k
2021: €64k
2022: €100k
2023: €92k
2024: €92k
2019 → 2025
Working capital
€466k▼ 6.4%
2024 · €498k
2019: €163k
2020: €125k
2021: €199k
2022: €305k
2023: €400k
2024: €498k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€216k-€316k▲ 46.5%€408k▲ 29.0%€501k▲ 22.6%€468k▼ 6.6%
Operating result€80k-€126k▲ 56.7%€129k▲ 2.5%€127k▼ 1.7%€127k▼ 0.1%
Net result€64k-€100k▲ 56.9%€92k▼ 8.6%€92k▲ 0.7%€95k▲ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500k
Fixed assets
€2k ▼ 30.6%
Current assets
€498k ▼ 5.9%
Equity and liabilities €500k
Equity
€468k ▼ 6.6%
Debt
€33k ▲ 3.3%
Debt's share of the balance-sheet total rises from 5.9% to 6.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€127k▼
2024 · €133k
Cash flow
€96k▼
2024 · €99k
Current ratio
15.61▼
2024 · 16.93
Debt to equity
0.07▲
2024 · 0.06
ROE
20.3%▲
2024 · 18.5%
ROA
19.0%▲
2024 · 17.4%
Interest coverage
320.38▲
2024 · 302.11
Debt ≤ 1 year
€32k▲
2024 · €31k
Income taxes
€38k▼
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€532k€500k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€530k€498k▼
Amounts receivable within one year40/41€200k€49k▼
Trade receivables40€86k€33k▼
Other amounts receivable41€114k€16k▼
Current investments50/53€92k€357k▲
Cash at bank and in hand54/58€237k€92k▼
Deferred charges and accrued income490/1€632€546▼
Equity and liabilities
Total equity and liabilities10/49€532k€500k▼
Equity10/15€501k€468k▼
Contributions10/11€6k€6k=
Reserves13€495k€461k▼
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€489k€456k▼
Amounts payable17/49€31k€33k▲
Amounts payable within one year42/48€31k€32k▲
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€26k€27k▲
Taxes450/3€26k€27k▲
Accrued charges and deferred income492/3€222€619▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€806▼
Other operating charges640/8€6k€1k▼
Gross operating margin9900€139k€129k▼
Operating profit (loss)9901€127k€127k▼
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€440€398▼
Recurring financial charges65€440€398▼
Profit (loss) for the period before taxes9903€132k€133k▲
Income taxes67/77€39k€38k▼
Profit (loss) for the period9904€92k€95k▲
Profit (loss) for the period to be appropriated9905€92k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€95k▲
Transfer from equity791/2-€128k
Transfer to equity691/2€92k€95k▲
To other reserves6921€92k€95k▲
Profit to be distributed694/7-€128k
Return on contributions (dividend)694-€128k
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 16.93
Current ratio from 7.33 to 16.93; short-term debt falls from €63k to €31k.
31-03
Financial
Equity above €500kEq €501k ▲22.6%
5 profitable years in a row build equity to €501k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
31-03
Financial
Highest result since 2019net €100k ▲56.9%
Net result €100k, the highest in the series.
31-03
Financial
Liquidity doublescurrent ratio 12.30
Current ratio from 6.02 to 12.30; short-term debt falls from €40k to €27k.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
31-03
Financial
Equity above €200kEq €216k ▲42.1%
2 profitable years in a row build equity to €216k.
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
31-03
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
Show earlier events
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-09
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
5 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, Essen · 1 establishment unit since 2005
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.
Oude Baan 952910 EssenGround area
1,805 m²
Building footprint
149 m²
Volume, LiDAR
15 m³
Parcel 11642C0127/00C000, Flanders · tallest building 0.7 m. Linked by address, not a title deed.
1 establishment unit
VDL BOARD SOLUTIONS
since 20052.146.448.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0127/00C000 | Flanders | 1,805 m² | 1 · 149 m² | 0.7 m |
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 · 1 entry · 480 EUR awarded · 480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 480 EUR | 480 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500YSKGAQ6UX3E905
Similar companies · same sector, comparable size
EVECOS
BE 0771.755.754
Herk-de-Stad · Eq €467,622
M.I. ADVICE
BE 0469.975.886
Lubbeek · Eq €467,640
G & D
BE 0456.554.254
Hasselt · Eq €467,566
CEWE CONSULT
BE 0743.510.740
Gent · Eq €467,642
OSTEOMED CONCERN
BE 0820.299.306
Pajottegem · Eq €467,653
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 35,186 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2005
Fiscal year end31-03
Abbreviation NL
VDL CONSULT
Activities, NACEBEL 2025
70200Business and other management consultancy
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.