Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VSD Management from Antwerpen, company number BE0771443374, closed financial year 2025 with a result of € 17,189 after tax. For that financial year VSD Management recorded a gross margin of € 34,437 and equity of € 63,543. Compared with financial year 2024, the result moved from € 15,847 to € 17,189. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 63,543
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,189
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 8,102
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,245
▲ € 1,127 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,380
▼ 25% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,778 | € 17,627 | € 30,028 | € 34,437 | ▲ 15% |
| Profit after taxes | € 23,422 | € 11,084 | € 15,847 | € 17,189 | ▲ 8% |
| Equity | € 43,422 | € 54,507 | € 70,354 | € 63,543 | ▼ 10% |
| Total debts | € 384,535 | € 342,624 | € 369,154 | € 375,536 | ▲ 2% |
| Cash | € 19,581 | € 7,986 | € 12,141 | € 8,102 | ▼ 33% |
| Retained profit | € 23,422 | € 34,507 | € 50,354 | € 43,543 | ▼ 14% |
| Dividend | € 0 | € 0 | € 0 | € 24,000 | |
| Balance sheet total | € 427,957 | € 397,131 | € 439,507 | € 439,078 |
Key figures of VSD Management, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VSD Management?
What happened at VSD Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,189 (▲ 8% vs 2024). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,422 profit in 2022 to € 17,189 profit in 2025.
Paid € 23,344 in corporate taxes since 2022.
Best year ever: 2022, with € 23,422 profit.
Paid out € 24,000 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VSD Management are Diederik Verlinden and Siegfried Verlinden. It owns 100% of MCDV BV itself.
Establishments
Establishment units
Physical locations of this company
Bredabaan 877
2170 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0771.443.374
- VAT number
- BE 0771.443.374
- Registered office
- Bredabaan 877, 2170 Antwerpen
- Names & denominations
- VSD Management
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2021
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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