VSD CONCEPT
The computed 12-month bankruptcy probability of VSD CONCEPT is 1.2% (low). The 2025 annual accounts show equity of €68k and a net result of €-1k. Equity remains stable across the filed fiscal years (±0.9% per year). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €68k |
| Net result | €-1k |
| Active | 16 yrs |
| Locations | 1 |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 9 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €2k |
| Net profit | €-1k |
| Cash flow | €3k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €73k |
| Equity | €68k |
| Debt | €5k |
| of which ≤ 1y | €3k |
| of which > 1y | - |
| Working capital | €24k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 9.20 |
| Quick ratio | 9.20 |
| Working capital ratio | 32.3% |
| Solvency | 92.9% |
| Debt / equity | 0.08 |
| Long-term debt ratio | - |
| Interest coverage | 2.47 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.4% |
| ROE | -1.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €73k |
| Fixed assets | 21/28 | €47k |
| Tangible fixed assets | 22/27 | €47k |
| Current assets | 29/58 | €27k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €73k |
| Equity | 10/15 | €68k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €29k |
| Accumulated profits (losses) | 14 | €33k |
| Amounts payable | 17/49 | €5k |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €5k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €840 |
| Result before taxes | 9903 | €-1k |
| Net result for the period | 9904 | €-1k |
| Result to be appropriated | 9905 | €-1k |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 09-08-2010 |
| Status | Active |
| Postal code | 4560 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1362/00X000 | Wallonia | 1,108 m² | 1 · 589 m² | 38.1 m · 12 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
05-08-2026 Act object · Board meeting · Seat change · Filing representative
- Act object: SIEGE · VSD CONCEPT
- Publication: 05/08/2026 · VSD CONCEPT
- Filing: 03-08-2026 · VSD CONCEPT
- Board meeting: 01/05/2026 · VSD CONCEPT
- Seat change: to: Boulevard d'Avroy 21, 4000 Liège, from: Rue du Cul de Sac 5B, 4560 Clavier, effective_date: 2026-05-01 · VSD CONCEPT
- Filing representative: mandataire · Maldague Charles
Technical details
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}| Legal nameFR | VSD CONCEPT |