Equity
€143,481 ▲ 59.2%
Equity rose in 2025 from €90,111 to €143,481.
BTS-VM
Lifetime
2 annual accounts with figures on one time axispeak €318,163 (2025)
€318,163▲ 20.0%
peak €80,111 (2024)
€53,370▼ 33.4%
peak €143,481 (2025)
€143,481▲ 59.2%
€527,855▲ 124%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from €265,220 to €318,163Result from €80,111 to €53,370Equity from €90,111 to €143,481Debts from €235,419 to €527,855Investments €280,045
Key points
from the 2025 annual accountsTurnover
≈ €790,000 estimated
The micro format states no turnover.
Debts
€527,855 ▲ 124%
Debts rose by €292,436 in 2025.
Investments
€280,045 5.2 × depreciation
Green is investment, beige is depreciation.
Staff
4 employees on 31-12-2025
In 2025, 8 people joined and 8 left.
Position in the sector
€53,370
Higher net result than 87% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 7,983 companies had the same profile as BTS-VM has now. Each dot stands for 20 companies, two years later.
94.2%
were still trading
1.9%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,983 companies, not a prediction for BTS-VM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director
- 50 sharesdeed of 24-02-2023
- 50 sharesdeed of 24-02-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0798719972
First establishment
Rue Emile Jeanne 65, Saint-Nicolas
Incorporation
Founding capital of €10,000 · Appointments: (director) and (director) · Founder: (comparant/fondateur) · Founder: (comparant/fondateur) · published on 24-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BTS-VM Saint-Nicolas | €671,336 | €318,163 | 21.4% | - |
| KWALI DAK! Ninove | €621,284 | €326,502 | 26.6% | 1.9 |
| Julien Echement Chiny | €583,374 | €269,810 | 67.2% | - |
| TOITURE ZINGUERIE AHN-BECKERS Jalhay | €696,565 | €293,143 | 60.2% | - |
| CORSERCO Stavelot | €746,222 | €244,031 | 16.1% | - |
| ART’COUV Flémalle | €707,439 | €226,482 | 3.1% | - |
| Roofix daken & goten Lokeren | €638,056 | €399,542 | 71.6% | 3.7 |
These companies have the same main activity as BTS-VM: roofing work (NACE 43410). They are comparable in size and age: total assets between €583,000 and €746,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 22-02-2023Normal situation
- Activity
- Roofing workNACE 43410and 5 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.342.056.4864420 Saint-Nicolas, since 01-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €671,336▲ 106%
- Employeeson 31-12-2025
- 4=
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on BTS-VM
The balance sheet grew most in 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BTS-VM
- What is the company number of BTS-VM?
- The company number of BTS-VM is 0798.719.972. The VAT number is the same number with BE in front: BE 0798.719.972.
- Where is BTS-VM based?
- The registered office is at Rue Emile Jeanne 65, 4420 Saint-Nicolas.Company details
- What does BTS-VM do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of BTS-VM?
- BTS-VM is a private limited company (BV).
- When was BTS-VM founded?
- BTS-VM was founded on 22-02-2023.
- Is BTS-VM still active?
- Yes, BTS-VM is an active enterprise in the KBO register.
- How many employees does BTS-VM have?
- BTS-VM had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BTS-VM fall under?
- In its 2025 annual accounts, BTS-VM states joint committee 124 (Construction).
- What is the turnover of BTS-VM?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €318,163 and 82 comparable companies (NACE 43). It probably lies between €600,000 and €1.1m.
- Is BTS-VM profitable?
- In financial year 2025, BTS-VM made a profit of €53,370.
- Where can I find the annual accounts of BTS-VM?
- BTS-VM filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BTS-VM due?
- BTS-VM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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