Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.5 to 2.3.
Financials
Financial year 2025
V.C.D. from Halle, company number BE0404062903, closed financial year 2025 with a result of € -28,643 after tax. For that financial year V.C.D. recorded a gross margin of € 111,261 and equity of € 160,252. Compared with financial year 2024, the result moved from € 23,048 to € -28,643. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 5, 2026.
€ 160,252
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,643
▼ still € 23,048 profit in 2024
Profit after tax over the fiscal year.
€ 87,198
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 48,252.
People and assets in 2025
2.3
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 124,935
▼ 28% vs 2024
€ 54,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 40,689
▼ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 103,990
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,307
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 270,293 | € 327,628 | € 217,282 | € 111,261 | ▼ 49% |
| Profit after taxes | € -47,468 | € -8,801 | € 23,048 | € -28,643 | ▼ € 51,691 |
| Equity | € 174,648 | € 165,847 | € 188,895 | € 160,252 | ▼ 15% |
| Total debts | € 326,567 | € 457,316 | € 191,726 | € 156,985 | ▼ 18% |
| Cash | € 47,041 | € 51,182 | € 200,079 | € 87,198 | ▼ 56% |
| Retained profit | € 62,648 | € 53,847 | € 76,895 | € 48,252 | ▼ 37% |
| Bank debt | € 79,439 | € 114,192 | € 50,974 | € 40,689 | ▼ 20% |
| Balance sheet total | € 501,214 | € 623,163 | € 380,621 | € 317,237 | ▼ 17% |
| Employees (FTE) | 5.5 | 5.5 | 3.5 | 2.3 | ▼ 1.2 |
Key figures of V.C.D., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to V.C.D.?
What happened at V.C.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JJA BV stepped down as director. NBB
- Jean-Luc Debusscher stepped down as director. NBB
- Veronique Devroede stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,643 (▼ € 51,691 vs 2024). Source: NBB ↗
- JJA BV became a director. NBB
- Jean-Luc Debusscher became a director. NBB
- Veronique Devroede became a director. NBB
- New establishment in Halle. KBO
In short
From € 47,468 loss in 2022 to € 28,643 loss in 2025.
Paid € 2,488 in corporate taxes since 2022.
Best year ever: 2024, with € 23,048 profit.
On average € 48,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Director · represented by Frieda Devroede
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Edingensesteenweg 20
1500 Halle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.062.903
- VAT number
- BE 0404.062.903
- Registered office
- Edingensesteenweg 20, 1500 Halle
- Names & denominations
- V.C.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1967
- Peppol
- Active · Active since 12 Feb 2026
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