VDM FINANCE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €718k and a net result of €21k. Equity is growing by ~32.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 8013 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
59 d early
2023
6 d late
2022
40 d early
2021
1 d late
2020
39 d late
2019
14 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€718k▲ 1,437%
2024 · €47k
2018: €1k
2019: €18k
2020: €18k
2021: €72k
2022: €59k
2023: €86k
2024: €47k
2018 → 2025
Net result
€21k▼ 13.7%
2024 · €24k
2018: €13k
2019: €16k
2020: €877
2021: €54k
2022: €-14k
2023: €28k
2024: €24k
2018 → 2025
Total assets
€1.44M▲ 670%
2024 · €187k
2018: €49k
2019: €66k
2020: €72k
2021: €130k
2022: €197k
2023: €190k
2024: €187k
2018 → 2025
Solvency
49.9%▲ 24.9pp
2024 · 25.0%
2018: 2.5%
2019: 26.5%
2020: 25.6%
2021: 55.7%
2022: 29.8%
2023: 45.4%
2024: 25.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€59k▼ 18.8%€86k▲ 47.0%€47k▼ 45.8%€718k▲ 1,437%
Operating result€68k-€-7k€46k€41k▼ 11.1%€26k▼ 36.7%
Net result€54k-€-14k€28k€24k▼ 11.8%€21k▼ 13.7%
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 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.44M
Fixed assets
€1.04M▲ 1,339%
Current assets
€397k▲ 247%
Equity and liabilities €1.44M
Equity
€718k▲ 1,437%
Debt
€720k▲ 414%
The debt ratio falls from 75.0% to 50.1%. Equity and debt are higher.
Key figures and ratios
Solvency
49.9%▲
2024 · 25.0%
ROE
2.9%▼
2024 · 52.1%
ROA
1.5%▼
2024 · 13.0%
Debt
€720k▲
2024 · €140k
Debt ≤ 1 year
€59k▼
2024 · €107k
Debt > 1 year
€661k▲
2024 · €33k
Income taxes
€10k▼
2024 · €16k
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€187k€1.44M▲
Fixed assets21/28€72k€1.04M▲
Tangible fixed assets22/27€72k€45k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€3k€2k▼
Leasing and similar rights25€56k€33k▼
Financial fixed assets28-€996k
Current assets29/58€114k€397k▲
Amounts receivable after more than one year29-€204k
Other amounts receivable291-€204k
Amounts receivable within one year40/41€42k€56k▲
Trade receivables40€24k€24k▲
Other amounts receivable41€18k€32k▲
Cash at bank and in hand54/58€73k€54k▼
Deferred charges and accrued income490/1-€82k
Equity and liabilities
Total equity and liabilities10/49€187k€1.44M▲
Equity10/15€47k€718k▲
Contributions10/11€19k€669k▲
Reserves13€258€258=
Distributable reserves133€258€258=
Profit (loss) carried forward14€28k€49k▲
Amounts payable17/49€140k€720k▲
Amounts payable after more than one year17€33k€661k▲
Financial debts170/4€33k€11k▼
Other amounts payable178/9-€650k
Amounts payable within one year42/48€107k€59k▼
Current portion of amounts payable after more than one year42€23k€23k=
Financial debts43€657€76▼
Credit institutions430/8€657€76▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€70k€26k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€75k€60k▼
Operating profit (loss)9901€41k€26k▼
Financial income75/76B€99€5k▲
Recurring financial income75€99€5k▲
Financial charges65/66B€1k€833▼
Recurring financial charges65€1k€833▼
Profit (loss) for the period before taxes9903€40k€30k▼
Income taxes67/77€16k€10k▼
Profit (loss) for the period9904€24k€21k▼
Profit (loss) for the period to be appropriated9905€24k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€49k▼
Profit (loss) brought forward from the previous period14P€74k€28k▼
Profit to be distributed694/7€70k€0▼
Return on contributions (dividend)694€70k€0▼
The notes to these accounts (14 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 6current ratio 6.72
Current ratio from 1.07 to 6.72; short-term debt falls from €107k to €59k.
31-12
Financial
Equity above €500kEq €718k ▲1437%
3 profitable years in a row build equity to €718k.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-14k ▼125%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
01-06
State Gazette act
General meeting · Purpose change
Corporate purpose · Director reappointment
2021
31-12
Financial
Highest result since 2018net €54k ▲6033%
Operating result €68k, net result €54k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.83
Current ratio from 0.54 to 1.83.
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 39 days late
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2016
03-11
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anzegem · 1 establishment unit since 2016
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.
Sint Antoniusstraat 18570 AnzegemGround area
3,898 m²
Building footprint
520 m²
Parcel 34018B0743/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
VDM FINANCE
since 20162.256.956.804
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34018B0743/00D000 | Flanders | 3,898 m² | 1 · 520 m² | - |
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.
Structure & network
Ownership & control
1 partyVDM FINANCEBE 0662.661.636
controls
Where this company holds controlthis company sits on their board1
2 subsidiaries · 3 locations
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.