VCM Group
ActiveThe computed 12-month bankruptcy probability of VCM Group is 3.1% (moderate). The 2024 annual accounts show equity of €46k and a net result of €4k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 36376 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▲+2
Solvency61▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.69 in 2023; short-term debt: 43.3% and cash: 0% of total assets), but 64% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
36%
Return on assets
2.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
54 d late
2022
43 d late
2021
5 d early
2020
1 d early
2019
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 8.7%
2023 · €43k
2019: €15k
2020: €28k
2021: €35k
2022: €40k
2023: €43k
2019 → 2024
Total assets
€129k▲ 6.8%
2023 · €121k
2019: €26k
2020: €199k
2021: €68k
2022: €64k
2023: €121k
2019 → 2024
Net result
€4k▲ 43.9%
2023 · €3k
2019: €8k
2020: €14k
2021: €7k
2022: €5k
2023: €3k
2019 → 2024
Working capital
€38k▲ 23.7%
2023 · €31k
2019: €11k
2020: €-34k
2021: €22k
2022: €25k
2023: €31k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€35k▲ 25.6%€40k▲ 14.0%€43k▲ 6.4%€46k▲ 8.7%
Operating result€17k-€16k▼ 5.7%€8k▼ 48.9%€5k▼ 38.7%€11k▲ 128%
Net result€14k-€7k▼ 46.9%€5k▼ 31.2%€3k▼ 47.9%€4k▲ 43.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 128% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129k
Fixed assets
€35k▼ 23.6%
Current assets
€94k▲ 25.6%
Equity and liabilities €129k
Equity
€46k▲ 8.7%
Debt
€83k▲ 5.7%
The debt ratio falls from 64.6% to 64.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2023 · €11k
Cash flow
€16k▲
2023 · €9k
Solvency
36.0%▲
2023 · 35.4%
Current ratio
1.68▼
2023 · 1.69
Quick ratio
1.23▲
2023 · 1.11
Debt / equity
1.78▼
2023 · 1.83
ROE
8.0%▲
2023 · 6.0%
ROA
2.9%▲
2023 · 2.1%
Interest coverage
4.83▲
2023 · 4.79
Debt
€83k▲
2023 · €78k
Debt ≤ 1 year
€56k▲
2023 · €44k
Debt > 1 year
€26k▼
2023 · €31k
Income taxes
€3k▲
2023 · €198
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€121k€129k▲
Fixed assets21/28€46k€35k▼
Tangible fixed assets22/27€43k€32k▼
Plant, machinery and equipment23€15k€10k▼
Furniture and vehicles24€14k€10k▼
Other tangible fixed assets26€14k€12k▼
Financial fixed assets28€3k€3k=
Current assets29/58€75k€94k▲
Stocks and contracts in progress3€26k€25k▼
Stocks30/36€26k€25k▼
Amounts receivable within one year40/41€40k€65k▲
Trade receivables40€12k€36k▲
Other amounts receivable41€28k€28k▲
Cash at bank and in hand54/58€266€5▼
Deferred charges and accrued income490/1€9k€4k▼
Equity and liabilities
Total equity and liabilities10/49€121k€129k▲
Equity10/15€43k€46k▲
Contributions10/11€6k€6k=
Reserves13€37k€40k▲
Distributable reserves133€37k€40k▲
Amounts payable17/49€78k€83k▲
Amounts payable after more than one year17€31k€26k▼
Financial debts170/4€31k€26k▼
Amounts payable within one year42/48€44k€56k▲
Current portion of amounts payable after more than one year42€5k€9k▲
Financial debts43€13k€14k▲
Credit institutions430/8€13k€14k▲
Trade debts44€22k€24k▲
Suppliers440/4€22k€24k▲
Taxes, remuneration and social security45€1k€10k▲
Taxes450/3€1k€10k▲
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€3k€295▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€13k€28k▲
Operating profit (loss)9901€5k€11k▲
Financial income75/76B€101€63▼
Recurring financial income75€101€63▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€3k€7k▲
Income taxes67/77€198€3k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€4k▲
Transfer to equity691/2€3k€4k▲
To other reserves6921€3k€4k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼47.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 1.88
Current ratio from 0.58 to 1.88; short-term debt falls from €80k to €26k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €14k ▲62.8%
Operating result €17k, net result €14k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wuustwezel · 2 establishment units since 2018
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.
Kalmthoutse Steenweg 362990 WuustwezelGround area
1,405 m²
Building footprint
598 m²
Volume, LiDAR
3,903 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
VCM Group
since 20182.282.232.529
VCM Group
since 20212.319.232.782
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11682F0048/00S012 | Flanders | 1,185 m² | 1 · 514 m² | 8.7 m · 2 fl. |
| 11053D0914/00W002 | Flanders | 220 m² | 1 · 84 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SRMG GROUP
BE 0750.841.069
Raeren · Eq €46k
BOU-MANS RENOVATIE & BOUWPROJECTEN
BE 0779.315.123
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SOSNEGOCIATEUR
BE 0825.794.355
Fontaine-l'Evêque · Eq €46k
SVA GROUP
BE 0638.935.931
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SOLEXIS
BE 0690.813.313
Sint-Agatha-Berchem · Eq €46k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,045 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-11-2018
Fiscal year end31-12
Activities, NACEBEL
13300Finishing of textiles
43990Other specialised construction activities
43999Specialised construction activities
46421Wholesale trade
74300Other professional, scientific and technical activities
74301Translation services
82300Organisation of conventions and trade shows
90202Performing arts by artistic ensembles
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.