V.M. TECHNICS
ActiveSummary
V.M. TECHNICS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€47,675) and a net result of €19,127. Equity is shrinking by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.23 in 2024; short-term debt: 393.3% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-293.3%
Return on assets
117.7%
Age of the figures
15 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 28281 sector peers (2025).
NBB · sector comparisonPosition among 28281 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
49 d early
2023
43 d early
2022
54 d early
2021
46 d early
2020
48 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 16 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€106,556
EBIT margin
21.0%
Net result
€19,127
2024 · -€13,249
Working capital
-€50,204▲ 28.6%
2024 · -€70,330
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€106,556
Operating result€21,557-€15,687-€10,846▲ 30.9%-€12,148▼ 12.0%€22,344
Net result€20,145within the sector's middle half-€17,137below the sector's middle half-€12,061below the sector's middle half▲ 29.6%-€13,249below the sector's middle half▼ 9.9%€19,127within the sector's middle half
EBIT margin21.0%
Equity-€24,354below the sector's middle half▲ 45.3%-€41,491below the sector's middle half▼ 70.4%-€53,552below the sector's middle half▼ 29.1%-€66,802below the sector's middle half▼ 24.7%-€47,675below the sector's middle half▲ 28.6%
Total assets€32,725below the sector's middle half▲ 65.5%€30,040below the sector's middle half▼ 8.2%€19,502below the sector's middle half▼ 35.1%€24,703below the sector's middle half▲ 26.7%€16,255below the sector's middle half▼ 34.2%
Debt€57,080▼ 11.2%€71,531▲ 25.3%€73,055▲ 2.1%€91,505▲ 25.3%€63,930▼ 30.1%
Working capital-€25,104below the sector's middle half▲ 50.0%-€41,991below the sector's middle half▼ 67.3%-€58,331below the sector's middle half▼ 38.9%-€70,330below the sector's middle half▼ 20.6%-€50,204below the sector's middle half▲ 28.6%
Solvency-74.4%below the sector's middle half▲ 150.6pp-138.1%below the sector's middle half▼ 63.7pp-274.6%below the sector's middle half▼ 136.5pp-270.4%below the sector's middle half▲ 4.2pp-293.3%below the sector's middle half▼ 22.9pp
Current ratio0.56below the sector's middle half▲ 0.340.41below the sector's middle half▼ 0.150.20below the sector's middle half▼ 0.210.23below the sector's middle half▲ 0.030.21below the sector's middle half▼ 0.02
Return on assets (ROA)61.6%above the sector's middle half▲ 85.2pp-57.0%below the sector's middle half▼ 118.6pp-61.8%below the sector's middle half▼ 4.8pp-53.6%below the sector's middle half▲ 8.2pp117.7%above the sector's middle half▲ 171.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22,344 after a loss of €12,148 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16,255
Fixed assets
€2,529 ▼ 28.3%
Current assets
€13,727 ▼ 35.2%
Key figures and ratios
EBITDA
€23,344▲
2024 · -€10,898
Cash flow
€20,127▲
2024 · -€11,999
Quick ratio
0.14▼
2024 · 0.18
Debt to equity
-1.34▲
2024 · -1.37
Interest coverage
8.13▲
2024 · -9.38
Debt ≤ 1 year
€63,930▼
2024 · €91,505
Income taxes
€347▲
2024 · €331
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €106,556 | - |
| Non-recurring operating income76A | - | - | - | €4,132 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €82,045 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,930 | €250 | €721 | €1,250 | €1,000 | ▼ 20.0% |
| Other operating charges640/8 | - | €929 | €1,379 | €1,270 | €1,168 | ▼ 8.1% |
| Gross operating margin9900 | €31,285 | -€14,508 | -€8,745 | -€9,628 | €24,511 | ▲ 355% |
| Operating profit (loss)9901 | €21,557 | -€15,687 | -€10,846 | -€12,148 | €22,344 | ▲ 284% |
| Financial income75/76B | - | €499 | €134 | €392 | - | - |
| Recurring financial income75 | - | €499 | €134 | €392 | - | - |
| Financial charges65/66B | - | €1,949 | €750 | €1,162 | €2,870 | ▲ 147% |
| Recurring financial charges65 | €1,140 | €1,949 | €750 | €1,162 | €2,870 | ▲ 147% |
| Profit (loss) for the period before taxes9903 | €20,417 | -€17,137 | -€11,462 | -€12,918 | €19,474 | ▲ 251% |
| Income taxes67/77 | €272 | - | €599 | €331 | €347 | ▲ 4.7% |
| Profit (loss) for the period9904 | €20,145 | -€17,137 | -€12,061 | -€13,249 | €19,127 | ▲ 244% |
| Profit (loss) for the period to be appropriated9905 | €20,145 | -€17,137 | -€12,061 | -€13,249 | €19,127 | ▲ 244% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €32,725 | €30,040 | €19,502 | €24,703 | €16,255 | ▼ 34.2% |
| Fixed assets21/28 | €750 | €500 | €4,779 | €3,529 | €2,529 | ▼ 28.3% |
| Tangible fixed assets22/27 | €750 | €500 | €4,779 | €3,529 | €2,529 | ▼ 28.3% |
| Plant, machinery and equipment23 | - | €500 | €250 | - | - | - |
| Furniture and vehicles24 | - | - | €4,529 | €3,529 | €2,529 | ▼ 28.3% |
| Current assets29/58 | €31,975 | €29,540 | €14,724 | €21,174 | €13,727 | ▼ 35.2% |
| Stocks and contracts in progress3 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Stocks30/36 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Amounts receivable within one year40/41 | €20,183 | €19,358 | €7,845 | €14,589 | €7,410 | ▼ 49.2% |
| Trade receivables40 | - | €19,358 | €7,456 | €14,589 | €6,156 | ▼ 57.8% |
| Other amounts receivable41 | - | - | €389 | - | €1,254 | - |
| Cash at bank and in hand54/58 | €5,566 | €3,674 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €1,508 | €1,878 | €1,586 | €1,316 | ▼ 17.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €32,725 | €30,040 | €19,502 | €24,703 | €16,255 | ▼ 34.2% |
| Equity10/15 | -€24,354 | -€41,491 | -€53,552 | -€66,802 | -€47,675 | ▲ 28.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2,577 | €2,577 | €2,577 | €2,577 | €2,577 | = |
| Non-distributable reserves130/1 | - | €771 | €771 | €771 | €771 | = |
| Reserves not available under the articles1311 | - | €771 | €771 | €771 | €771 | = |
| Tax-exempt reserves132 | - | €1,806 | €1,806 | €1,806 | €1,806 | = |
| Profit (loss) carried forward14 | -€45,532 | -€62,669 | -€74,730 | -€87,979 | -€68,852 | ▲ 21.7% |
| Amounts payable17/49 | €57,080 | €71,531 | €73,055 | €91,505 | €63,930 | ▼ 30.1% |
| Amounts payable within one year42/48 | €57,080 | €71,531 | €73,055 | €91,505 | €63,930 | ▼ 30.1% |
| Current portion of amounts payable after more than one year42 | - | €10,000 | €10,000 | €6,000 | €6,000 | = |
| Financial debts43 | - | - | €2,774 | €4,464 | €4,297 | ▼ 3.7% |
| Credit institutions430/8 | - | - | €2,774 | €4,464 | €4,297 | ▼ 3.7% |
| Trade debts44 | €6,317 | €7,431 | €8,084 | €29,519 | €5,692 | ▼ 80.7% |
| Suppliers440/4 | - | €7,431 | €8,084 | €29,519 | €5,692 | ▼ 80.7% |
| Taxes, remuneration and social security45 | - | €7,544 | €7,679 | €7,986 | €11,400 | ▲ 42.7% |
| Taxes450/3 | - | €545 | €319 | €626 | €347 | ▼ 44.6% |
| Remuneration and social security454/9 | - | €6,999 | €7,360 | €7,360 | €11,053 | ▲ 50.2% |
| Other amounts payable47/48 | - | €46,557 | €44,518 | €43,536 | €36,541 | ▼ 16.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,145 | -€17,137 | -€12,061 | -€13,249 | €19,127 | ▲ 244% |
| + Depreciation and write-downs630 | €4,930 | €250 | €721 | €1,250 | €1,000 | ▼ 20.0% |
| Operating cash flow (approximation) | €25,075 | -€16,887 | -€11,340 | -€11,999 | €20,127 | ▲ 268% |
| Investment in fixed assets (approximation) | - | €0 | -€5,000 | €0 | €0 | - |
| Change in cash | - | -€1,892 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €19,127
Net result €19,127 after 3 loss-making years.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €20,145
Net result €20,145 after 2 loss-making years.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Kinrooi · 1 establishment unit since 2005
Ground area
1,779 m²
Building footprint
190 m²
Volume, LiDAR
955 m³
Parcel 72026B0902/00B000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA V.M. TECHNICS
since 20052.148.456.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026B0902/00B000 | Flanders | 1,779 m² | 1 · 190 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-07-2005
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
vm.technics@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875285636
Also
9925:BE0875285636
Registered
31-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.