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 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VDF Development from Bree, company number BE0770244732, closed financial year 2025 with a result of € 12,461 after tax. For that financial year VDF Development recorded a gross margin of € 94,954 and equity of € 267,934. Compared with financial year 2024, the result moved from € 130,280 to € 12,461. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 267,934
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,461
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 328,850
▼ 71% 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 € 257,934.
People and assets in 2025
€ 12,556
▼ 28% vs 2024
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
€ 457,359
▼ 78% vs 2024
Loans from banks and other lenders, long and short.
€ 1.5 million
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,132
▼ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 77,002 | € 134,060 | € 207,371 | € 94,954 | ▼ 54% |
| Profit after taxes | € 28,319 | € 86,873 | € 130,280 | € 12,461 | ▼ 90% |
| Equity | € 38,319 | € 125,192 | € 255,473 | € 267,934 | ▲ 5% |
| Total debts | € 1,043,894 | € 5,575,132 | € 14,021,475 | € 7,660,257 | ▼ 45% |
| Cash | € 171,118 | € 1,123,500 | € 1,129,520 | € 328,850 | ▼ 71% |
| Retained profit | € 28,319 | € 115,192 | € 245,473 | € 257,934 | ▲ 5% |
| Bank debt | € 0 | € 476,940 | € 2,099,388 | € 457,359 | ▼ 78% |
| Balance sheet total | € 1,082,213 | € 5,700,324 | € 14,276,947 | € 7,928,191 | ▼ 44% |
Key figures of VDF Development, 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 VDF Development?
What happened at VDF Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,461 (▼ 90% vs 2024). Source: NBB ↗
- New establishment in Bree. KBO
- V-COOL became a director. NBB
- Dirkx Development became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 28,319 profit in 2022 to € 12,461 profit in 2025.
Paid € 89,660 in corporate taxes since 2022.
Best year ever: 2024, with € 130,280 profit.
Management
The stake of DIRKX Development, V-COOL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VDF DevelopmentBehind VDF Development are V-COOL and Dirkx Development. The shares are held by DIRKX Development (50%) and V-COOL (50%). It owns 50% of LOEP and 50% of LOEP INVESTMENT itself.
Directors
According to the 2025 annual accounts
Director · represented by LODE FATAN
since 2021
Director · represented by Daan Dirkx
since 2021
Shareholders
50%
Participations
50%
50%
Establishments
Establishment units
Physical locations of this company
Industrieterrein Kanaal-Noord 1650
3960 Bree
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →DIRKX Development same network
€ -9,222 gross margin · 2025
ALGA INVEST
€ 19,444 gross margin · 2025
Groep Dirkx
€ 238,723 gross margin · 2025
DIRKX BETONWERKEN
€ 196,068 gross margin · 2025
BLOK.
€ 4,127 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.244.732
- VAT number
- BE 0770.244.732
- Registered office
- Industrieterrein Kanaal-Noord 1650, 3960 Bree
- Names & denominations
- VDF Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2021
- Peppol
- Active · Active since 28 Feb 2025
- Contact
- [email protected]
- Activities · NACE
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