V.M.A. GROUP
ActiveV.M.A. GROUP has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.70M and a net result of €5k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-8
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €390k at 30 days acceptable
Liquidity ample (current ratio 7.73 against 16.2 in 2024; short-term debt: 12.8% and cash: 2.7% of total assets), and 13% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
43 d late
2022
31 d late
2021
2 d late
2020
26 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 99.2%
2024 · €634k
2018: €-762k
2019: €809k
2020: €-392k
2021: €-333k
2022: €40k
2023: €198k
2024: €634k
2018 → 2025
Working capital
€5.65M▼ 34.4%
2024 · €8.61M
2018: €9.49M
2019: €10.29M
2020: €9.89M
2021: €9.59M
2022: €9.64M
2023: €8.03M
2024: €8.61M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9.67M-€9.71M▲ 0.4%€8.04M▼ 17.2%€8.67M▲ 7.9%€5.70M▼ 34.2%
Operating result€-41k-€898k€-72k€-61k▲ 15.7%€-46k▲ 23.9%
Net result€-333k-€40k€198k▲ 394%€634k▲ 221%€5k▼ 99.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46k in 2025 against €61k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.56M
Fixed assets
€66k▼ 25.1%
Current assets
€6.49M▼ 29.3%
Equity and liabilities €6.56M
Equity
€5.70M▼ 34.2%
Debt
€853k▲ 43.1%
The debt ratio rises from 6.4% to 13.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▲
2024 · €-42k
Cash flow
€27k▼
2024 · €653k
Solvency
87.0%▼
2024 · 93.6%
Current ratio
7.73▼
2024 · 16.20
Quick ratio
7.71▼
2024 · 16.17
Debt / equity
0.15▲
2024 · 0.07
ROE
0.1%▼
2024 · 7.3%
ROA
0.1%▼
2024 · 6.8%
Interest coverage
-0.22▲
2024 · -0.25
Debt
€853k▲
2024 · €596k
Debt ≤ 1 year
€839k▲
2024 · €566k
Income taxes
€48k▼
2024 · €227k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9.26M€6.56M▼
Fixed assets21/28€88k€66k▼
Tangible fixed assets22/27€88k€66k▼
Furniture and vehicles24€85k€64k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€186€186=
Current assets29/58€9.18M€6.49M▼
Stocks and contracts in progress3€18k€18k=
Stocks30/36€18k€18k=
Amounts receivable within one year40/41€116k€114k▼
Trade receivables40€0-
Other amounts receivable41€116k€114k▼
Current investments50/53€8.39M€6.18M▼
Cash at bank and in hand54/58€654k€174k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€9.26M€6.56M▼
Equity10/15€8.67M€5.70M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€8.61M€5.64M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€8.60M€5.63M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€596k€853k▲
Amounts payable within one year42/48€566k€839k▲
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€195k€689k▲
Taxes450/3€195k€689k▲
Other amounts payable47/48€357k€137k▼
Accrued charges and deferred income492/3€29k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k▲
Other operating charges640/8€28k€6k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€-13k€-19k▼
Operating profit (loss)9901€-61k€-46k▲
Financial income75/76B€1.09M€208k▼
Recurring financial income75€1.09M€208k▼
Non-recurring financial income76B€0-
Financial charges65/66B€169k€109k▼
Recurring financial charges65€169k€109k▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€860k€53k▼
Income taxes67/77€227k€48k▼
Profit (loss) for the period9904€634k€5k▼
Profit (loss) for the period to be appropriated9905€634k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€634k€5k▼
Transfer from equity791/2€0€2.97M▲
Transfer to equity691/2€634k€5k▼
To other reserves6921€634k€5k▼
Profit to be distributed694/7€0€2.97M▲
Return on contributions (dividend)694€0€2.97M▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 16.20
Current ratio from 6.78 to 16.20; short-term debt falls from €1.39M to €566k.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 43 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Back to profitnet €809k
Net result €809k after one loss-making year.
31-12
Financial
Equity above €10MEq €10.39M ▲8.4%
Equity rises from €9.59M to €10.39M.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bommelstraat 459840 Nazareth-De PinteGround area
773 m²
Building footprint
7 m²
Volume, LiDAR
11 m³
Parcel 44012A0125/00W000, Flanders · tallest building 2.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
V.M.A. GROUP NV
since 19912.053.318.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012A0125/00W000 | Flanders | 773 m² | 1 · 7 m² | 2.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600R3AK6LAHAT5J84
Similar companies · same sector, comparable size
DISTRAC HOLDING
BE 0806.523.425
Hoegaarden · Eq €5.70M
LEXIUS ADVIES
BE 0866.138.239
Hasselt · Eq €5.70M
DEN HOF INVEST
BE 0836.645.784
Zelzate · Eq €5.71M
Y.O.T.H.
BE 0464.878.042
Waasmunster · Eq €5.70M
TRAMEDIM
BE 0880.605.689
Hamme (Vl.) · Eq €5.71M
Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 10,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-06-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
45112
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:(09)280 95 25