VDL KTI Process Engineering
ActiveSummary
VDL KTI Process Engineering has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €583k and a net result of €198k. Equity is growing by ~43% per year across the filed fiscal years. Its solvency ranks better than 73% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
92
/ 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
Profitability95▲+14
Solvency92▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.05 in 2024; short-term debt: 32.2% and cash: 92.5% of total assets), and 32.5% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
67.5%
Return on assets
23%
Age of the figures
9 mo
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 10-06-2026, 51 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
51 d early
2024
48 d early
2023
45 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€583k▲ 51.5%
2024 · €385k
2023: €252k
2024: €385k
2023 → 2025
Total assets
€864k▲ 14.1%
2024 · €758k
2023: €837k
2024: €758k
2023 → 2025
Net result
€198k▲ 49.4%
2024 · €133k
2023: €2k
2024: €133k
2023 → 2025
Working capital
€586k▲ 51.0%
2024 · €388k
2023: €257k
2024: €388k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€252k-€385k▲ 52.7%€583k▲ 51.5%
Operating result€5k-€176k▲ 3,265%€268k▲ 52.6%
Net result€2k-€133k▲ 6,002%€198k▲ 49.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 53% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €864k
Equity
€583k ▲ 51.5%
Debt
€281k ▼ 24.6%
Debt's share of the balance-sheet total falls from 49.2% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.11▲
2024 · 2.05
Debt to equity
0.48▼
2024 · 0.97
ROE
34.0%▼
2024 · 34.5%
ROA
23.0%▲
2024 · 17.5%
Debt ≤ 1 year
€278k▼
2024 · €370k
Income taxes
€66k▲
2024 · €50k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€758k€864k▲
Current assets29/58€758k€864k▲
Amounts receivable within one year40/41€119k€65k▼
Other amounts receivable41€119k€65k▼
Cash at bank and in hand54/58€639k€799k▲
Equity and liabilities
Total equity and liabilities10/49€758k€864k▲
Equity10/15€385k€583k▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€110k€308k▲
Amounts payable17/49€373k€281k▼
Amounts payable within one year42/48€370k€278k▼
Trade debts44€15k€63k▲
Suppliers440/4€15k€63k▲
Advances received on contracts in progress46€305k€199k▼
Taxes, remuneration and social security45€50k€16k▼
Taxes450/3€50k€16k▼
Accrued charges and deferred income492/3€3k€3k▼
Income statement
Code20242025
Other operating charges640/8€605€520▼
Gross operating margin9900€176k€268k▲
Operating profit (loss)9901€176k€268k▲
Financial income75/76B€9k€3k▼
Recurring financial income75€9k€3k▼
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€183k€264k▲
Income taxes67/77€50k€66k▲
Profit (loss) for the period9904€133k€198k▲
Profit (loss) for the period to be appropriated9905€133k€198k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€308k▲
Profit (loss) brought forward from the previous period14P€2k€110k▲
Transfer to equity691/2€25k-
To the legal reserve6920€25k-
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Leen Van de Voorde4 facts ▸
State Gazette act
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Leen Van de Voorde4 facts ▸
- General meeting, 15-05-2026
- Auditor reappointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Director in office, Simon Jacobs (director)
- Permanent representative, Leen Van de Voorde (permanent representative)
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €198k ▲49.4%
Operating result €268k, net result €198k, both a record.
31-12
Financial
Equity above €500kEq €583k ▲51.5%
3 profitable years in a row build equity to €583k.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Mol
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.
Nijverheidsstraat 102400 MolGround area
3.7 ha
Building footprint
7,509 m²
Volume, LiDAR
65,200 m³
Parcel 13434F0260/00K000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0260/00K000 | Flanders | 3.7 ha | 1 · 7,509 m² | 12.8 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.
Statutory auditor
1 auditor| EY Bedrijfsrevisoren BVCurrent Statutory auditor · represented by Ronald Van den Ecker | 22-09-2026 → present |
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,214 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 formPublic limited company
Founded15-03-2023
Fiscal year end31-12
Abbreviation NL
VDL KTI PE
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.