Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
V.D. from Zulte, company number BE0412594745, closed financial year 2025 with a result of € 11,257 after tax. For that financial year V.D. recorded a gross margin of € 56,991 and equity of € 613,914. Compared with financial year 2024, the result moved from € 1,010 to € 11,257. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 613,914
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,257
▲ € 10,247 vs 2024
Profit after tax over the fiscal year.
€ 19,829
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 595,322.
Debts at end 2025
€ 76,222
▼ 25% vs 2024
€ 18,667 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 17
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,396 | € 59,200 | € 58,852 | € 56,991 | ▼ 3% |
| Profit after taxes | € 16,821 | € 3,177 | € 1,010 | € 11,257 | ▲ € 10,247 |
| Equity | € 598,469 | € 601,646 | € 602,656 | € 613,914 | ▲ 2% |
| Total debts | € 215,555 | € 128,888 | € 267,038 | € 91,038 | ▼ 66% |
| Cash | € 306,284 | € 363,820 | € 165,329 | € 19,829 | ▼ 88% |
| Land & buildings | € 54,682 | € 54,358 | € 56,264 | € 55,710 | ▼ 1% |
| Retained profit | € 579,877 | € 583,054 | € 584,064 | € 595,322 | ▲ 2% |
| Dividend | € 15,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 155,555 | € 128,888 | € 102,222 | € 76,222 | ▼ 25% |
| Balance sheet total | € 814,024 | € 730,534 | € 869,694 | € 704,952 | ▼ 19% |
Key figures of V.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.D.?
What happened at V.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,257 (▲ € 10,247 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Zulte. KBO
In short
From € 16,821 profit in 2022 to € 11,257 profit in 2025.
Paid € 9,012 in corporate taxes since 2022.
Best year ever: 2022, with € 16,821 profit.
Paid out € 15,000 in dividends to the owners in total.
Management
The stake of DAMMAN CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
V.D.Behind V.D. is Damman & Co BV. The shares are held by DAMMAN CONSTRUCT (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudenaardestraat 162
9870 Zulte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0412.594.745
- VAT number
- BE 0412.594.745
- Registered office
- Oudenaardestraat 162, 9870 Zulte
- Names & denominations
- V.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 1972
- Peppol
- Active · Active since 28 May 2025
- Contact
- [email protected]