Given your scenario, no I don’t think so.
1- Navy: The Dutch don’t have any naval advantage over Venezuela. 6 vs 7 frigates. 4 vs 2 Diesel submarines. I don’t know about their comparative training or readiness. But sailing into a roughly equivalent force is not my idea of fun.
2- Air Force: The Dutch have no naval aviation, aside from helicopters. Which means the Venezuela’s small air force would have total control of the skies. Not a pleasant scenario for the Dutch.
3- Ground Forces: The Dutch have a small sea lift capability. So they would only be able to assault the island with around 1200 or so marines. Presumably Venezuela will have attacked with sufficient force to overwhelm the 600 or so marines already based in the Caribbean. 1200 men seems quite insufficient to storm a defended Aruba. If the Dutch could seize an airfield early on then they may be able to start some air transport from the Netherlands, if you hand wave away the Venezuelan Air Force.
But even then you would assume that a significant portion of the 60,000+ strong Venezuelan army will have moved to the islands. And the Dutch only have a total force of 21,000. Sure they are a fully professional army and the Venezuelans have a fair number of conscripts. And the Dutch do have much better equipment. But the Venezuelans will have the advantage of already being there. I’m not sure how the Dutch would get their main battle tank, the Leopard, into the battle. So even with their older equipment the Venezuelans would have an advantage in heavy equipment.
Advantage: **Venezuela **
In the end I don’t think that the probable qualitative advantages of the Dutch could overcome the Venezuelans numerical advantages on the ground. Especially given the complete control of the air that Venezuela will enjoy. Without an Aircraft Carrier I don’t see how the Dutch can wiln this.