VCIMMO
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
19 d early
2022
34 d early
2021
20 d early
2020
29 d early
2019
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 11 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€171,527▲ 2.5%
2023 · €167,327
Total assets
€193,148▲ 1.7%
2023 · €189,888
Net result
€4,200▼ 80.4%
2023 · €21,472
Working capital
€170,041▲ 0.9%
2023 · €168,572
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€93,607▲ 282%€24,982▼ 73.3%€10,253▼ 59.0%€30,865▲ 201%€7,643▼ 75.2%
Net result€70,644▲ 359%€16,916▼ 76.1%€5,359▼ 68.3%€21,472▲ 301%€4,200▼ 80.4%
Equity€173,581▲ 68.6%€190,497▲ 9.7%€145,856▼ 23.4%€167,327▲ 14.7%€171,527▲ 2.5%
Total assets€223,855▲ 80.6%€232,350▲ 3.8%€169,031▼ 27.3%€189,888▲ 12.3%€193,148▲ 1.7%
Debt€50,275▲ 139%€41,853▼ 16.8%€23,175▼ 44.6%€22,560▼ 2.7%€21,621▼ 4.2%
Working capital€173,531▲ 68.7%€200,447▲ 15.5%€146,406▼ 27.0%€168,572▲ 15.1%€170,041▲ 0.9%
Staff (FTE)0.9▲ 12.5%1▲ 11.1%1=1=1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 75% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193,148
Fixed assets
€2,691
Current assets
€190,457
Equity and liabilities €193,148
Equity
€171,527 ▲ 2.5%
Debt
€21,621 ▼ 4.2%
Debt's share of the balance-sheet total falls from 11.9% to 11.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,203
Cash flow
€4,759
Current ratio
9.33▲
2023 · 8.91
Debt to equity
0.13▼
2023 · 0.13
ROE
2.4%▼
2023 · 12.8%
ROA
2.2%▼
2023 · 11.3%
Interest coverage
58.57
Debt ≤ 1 year
€20,416▼
2023 · €21,315
Debt > 1 year
€805▼
2023 · €845
Income taxes
€3,305▼
2023 · €9,239
Staff costs
€89,589▲
2023 · €84,349
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €71,396 | €73,391 | €84,349 | €89,589 | ▲ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | €559 | - |
| Other operating charges640/8 | - | €5,457 | €6,738 | €6,401 | €6,902 | ▲ 7.8% |
| Non-recurring operating charges66A | - | €1,710 | €0 | - | - | - |
| Gross operating margin9900 | €159,278 | €103,544 | €90,383 | €121,615 | €104,694 | ▼ 13.9% |
| Operating profit (loss)9901 | €93,607 | €24,982 | €10,253 | €30,865 | €7,643 | ▼ 75.2% |
| Financial income75/76B | - | €62 | €4 | €0 | €1 | ▲ 12,000% |
| Recurring financial income75 | €2 | €62 | €4 | €0 | €1 | ▲ 12,000% |
| Financial charges65/66B | - | €348 | €569 | €154 | €140 | ▼ 9.2% |
| Recurring financial charges65 | €179 | €348 | €569 | €154 | €140 | ▼ 9.2% |
| Profit (loss) for the period before taxes9903 | €93,431 | €24,695 | €9,688 | €30,710 | €7,504 | ▼ 75.6% |
| Income taxes67/77 | €22,786 | €7,779 | €4,329 | €9,239 | €3,305 | ▼ 64.2% |
| Profit (loss) for the period9904 | €70,644 | €16,916 | €5,359 | €21,472 | €4,200 | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €70,644 | €16,916 | €5,359 | €21,472 | €4,200 | ▼ 80.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €223,855 | €232,350 | €169,031 | €189,888 | €193,148 | ▲ 1.7% |
| Fixed assets21/28 | €50 | €50 | €50 | €0 | €2,691 | - |
| Tangible fixed assets22/27 | - | - | - | - | €2,691 | - |
| Furniture and vehicles24 | - | - | - | - | €2,691 | - |
| Financial fixed assets28 | €50 | €50 | €50 | €0 | - | - |
| Current assets29/58 | €223,805 | €232,300 | €168,981 | €189,888 | €190,457 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €14,823 | €42,445 | €104,224 | €43,432 | €64,856 | ▲ 49.3% |
| Trade receivables40 | - | €15,221 | €42,000 | €42,671 | €58,161 | ▲ 36.3% |
| Other amounts receivable41 | - | €27,224 | €62,224 | €761 | €6,695 | ▲ 780% |
| Cash at bank and in hand54/58 | €208,745 | €189,854 | €64,756 | €146,055 | €125,601 | ▼ 14.0% |
| Deferred charges and accrued income490/1 | - | €0 | - | €400 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €223,855 | €232,350 | €169,031 | €189,888 | €193,148 | ▲ 1.7% |
| Equity10/15 | €173,581 | €190,497 | €145,856 | €167,327 | €171,527 | ▲ 2.5% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €12,360 | €12,360 | €12,360 | €12,360 | €12,360 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €10,500 | €10,500 | €12,360 | €12,360 | = |
| Profit (loss) carried forward14 | €142,621 | €159,537 | €114,896 | €136,367 | €140,567 | ▲ 3.1% |
| Amounts payable17/49 | €50,275 | €41,853 | €23,175 | €22,560 | €21,621 | ▼ 4.2% |
| Amounts payable after more than one year17 | - | €10,000 | €600 | €845 | €805 | ▼ 4.7% |
| Other amounts payable178/9 | - | €10,000 | €600 | €845 | €805 | ▼ 4.7% |
| Amounts payable within one year42/48 | €50,275 | €31,853 | €22,575 | €21,315 | €20,416 | ▼ 4.2% |
| Trade debts44 | €1,786 | €5,021 | €890 | €1,058 | €526 | ▼ 50.3% |
| Suppliers440/4 | - | €5,021 | €890 | €1,058 | €526 | ▼ 50.3% |
| Advances received on contracts in progress46 | - | €0 | - | - | €2,400 | - |
| Taxes, remuneration and social security45 | - | €26,787 | €21,641 | €20,257 | €17,490 | ▼ 13.7% |
| Taxes450/3 | - | €13,233 | €11,360 | €8,462 | €5,520 | ▼ 34.8% |
| Remuneration and social security454/9 | - | €13,554 | €10,281 | €11,795 | €11,970 | ▲ 1.5% |
| Other amounts payable47/48 | - | €45 | €45 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €400 | €400 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,644 | €16,916 | €5,359 | €21,472 | €4,200 | ▼ 80.4% |
| + Depreciation and write-downs630 | €0 | - | - | - | €559 | - |
| Operating cash flow (approximation) | €70,644 | €16,916 | €5,359 | €21,472 | €4,759 | ▼ 77.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €50 | -€3,250 | ▼ 6,600% |
| Change in cash | - | -€18,891 | -€125,098 | €81,299 | -€20,454 | ▼ 125% |
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
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €4,200 ▼80.4%
Net result drops to €4,200, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150,000Eq €167,327 ▲14.7%
6 profitable years in a row build equity to €167,327.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €70,644 ▲359%
Operating result €93,607, net result €70,644, both a record.
31-12
Financial
Equity above €150,000Eq €173,581 ▲68.6%
3 profitable years in a row build equity to €173,581.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-12
Financial
Equity above €100,000Eq €102,936 ▲17.6%
2 profitable years in a row build equity to €102,936.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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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Structure & network
Owners and holdings
1 ownerOwners 1
-
0%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 38 EUR awarded · 38 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 38 EUR | 38 EUR |