VE & DU SYSTEMS
ActiveSummary
VE & DU SYSTEMS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232k and a net result of €17k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (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
Profitability76▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 2.89 in 2024; short-term debt: 21.5% and cash: 32.2% of total assets), and 21.5% 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 62
Relative position
BE, all sectors
reference
Sector 62
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
78.5%
Return on assets
5.6%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
2 d early
2022
7 d early
2021
32 d early
2020
1 d early
2019
2 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, micro schema
Equity
€232k▲ 7.7%
2024 · €215k
2018: €174k
2019: €193k
2020: €232k
2021: €280k
2022: €269k
2023: €262k
2024: €215k
2018 → 2025
Total assets
€295k▲ 12.8%
2024 · €262k
2018: €298k
2019: €296k
2020: €338k
2021: €368k
2022: €336k
2023: €323k
2024: €262k
2018 → 2025
Net result
€17k▲ 179%
2024 · €6k
2018: €54k
2019: €19k
2020: €39k
2021: €48k
2022: €28k
2023: €28k
2024: €6k
2018 → 2025
Working capital
€105k▲ 18.7%
2024 · €88k
2018: €126k
2019: €91k
2020: €109k
2021: €147k
2022: €132k
2023: €120k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€280k-€269k▼ 3.9%€262k▼ 2.6%€215k▼ 18.0%€232k▲ 7.7%
Operating result€81k-€52k▼ 36.3%€35k▼ 32.5%€13k▼ 62.7%€27k▲ 108%
Net result€48k-€28k▼ 42.2%€28k▲ 1.3%€6k▼ 78.8%€17k▲ 179%
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 2025; 2025 is 108% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295k
Fixed assets
€127k =
Current assets
€169k ▲ 24.7%
Equity and liabilities €295k
Equity
€232k ▲ 7.7%
Debt
€64k ▲ 36.1%
Debt's share of the balance-sheet total rises from 17.8% to 21.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2024 · €30k
Cash flow
€33k▲
2024 · €23k
Current ratio
2.65▼
2024 · 2.89
Debt to equity
0.27▲
2024 · 0.22
ROE
7.1%▲
2024 · 2.8%
ROA
5.6%▲
2024 · 2.3%
Interest coverage
12.80▲
2024 · 6.33
Debt ≤ 1 year
€64k▲
2024 · €47k
Income taxes
€10k▲
2024 · €5k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€295k▲
Fixed assets21/28€127k€127k=
Tangible fixed assets22/27€127k€127k=
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€12k€21k▲
Other tangible fixed assets26€108k€99k▼
Current assets29/58€135k€169k▲
Amounts receivable within one year40/41€17k€21k▲
Trade receivables40€0-
Other amounts receivable41€17k€21k▲
Current investments50/53€49k€49k=
Cash at bank and in hand54/58€66k€95k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€262k€295k▲
Equity10/15€215k€232k▲
Contributions10/11€6k€6k=
Reserves13€209k€225k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€190k€207k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€47k€64k▲
Amounts payable within one year42/48€47k€64k▲
Trade debts44€2k€17k▲
Suppliers440/4€2k€17k▲
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€1€3k▲
Remuneration and social security454/9€9k€0▼
Other amounts payable47/48€35k€44k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€31k€45k▲
Operating profit (loss)9901€13k€27k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€11k€26k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€6k€17k▲
Profit (loss) for the period to be appropriated9905€6k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€17k▲
Transfer from equity791/2€53k€0▼
Transfer to equity691/2€6k€17k▲
To other reserves6921€6k€17k▲
Profit to be distributed694/7€53k€0▼
Return on contributions (dividend)694€53k€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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €6k ▼78.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €232k ▲20.1%
3 profitable years in a row build equity to €232k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Opwijk · 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.
Stwg. op Aalst 1591745 OpwijkGround area
879 m²
Building footprint
186 m²
Volume, LiDAR
960 m³
Parcel 23752G0457/00X000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HVD MOBILE SOLUTIONS
since 20122.211.186.759
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752G0457/00X000 | Flanders | 879 m² | 1 · 186 m² | 8.5 m · 2 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
INTERSOFT
BE 0422.630.186
Duffel · Eq €231,562
Advanced Computer Systems Technics
BE 0424.865.839
Gent · Eq €231,516
BiosenSource
BE 0643.488.694
Vilvoorde · Eq €231,634
REALIZIT
BE 0699.737.016
Laarne · Eq €231,638
DADDY WEB
BE 0657.903.290
Rixensart · Eq €231,650
Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,450 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
Founded16-07-2012
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:herman.vandurme@telenet.be