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VEMODOC

Active
Private limited companyfounded 2024active for 1 yearArchimedesstraat 28, 1000 Brussel, BelgiumKBO/BCE: BE 1017.230.585
Summary

VEMODOC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,592 and a net result of €81,343. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 11-12-2024 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.367.610.741 1000 Brussel, since 11-12-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€103,769
▲ 324%
Turnover
≈ €260,000
estimated
Profit
€81,343
▲ 323%
Equity
€101,592
▲ 402%
Total assets
€130,395
▲ 295%
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 4.49, cash €119,545Size: total assets €130,395Equity €101,592 (77.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100+14
equity 77.9% of total assets
Liquidity 92+56
short-term debt 22.1% · cash 91.7%
Profitability 100=
return on assets 62.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 2.1% 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.2%▲ +0.1 percentage points vs 02-2026 04-2026: 2.8%▲ +0.6 percentage points vs 03-2026 05-2026: 2.9%▲ +0.1 percentage points vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 3.1%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -3.0 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 4.49 (2.59 in 2024), above the usual 1.5. Short-term debt is 22.1% and cash 91.7% of total assets. 22.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 83% on liquidity, 90% on profitability and 98% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.49, cash €119,545
NBB · annual accounts
lowers risk · Size: total assets €130,395
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €101,592 (77.9% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-07-2026, 6 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
6 days early
2024
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 11 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 25-07-2026 at the NBB all 2 filings

Turnover
≈ €260,000
Estimated: probably between €170,000 and €400,000
Total assets
€130,395▲ 295%
2024 · €32,976
Net result
€81,343▲ 323%
2024 · €19,249
Working capital
€100,607▲ 397%
2024 · €20,249
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€102,781
▲ 327% 2025
20242025
Net result
€81,343
▲ 323% 2025
20242025
Equity
€101,592
▲ 402% 2025
20242025
Total assets
€130,395
▲ 295% 2025
20242025
Debt
€28,803
▲ 126% 2025
20242025
Working capital
€100,607
▲ 397% 2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€24,061-€102,781▲ 327%
Net result€19,249-€81,343▲ 323%
Equity€20,249-€101,592▲ 402%
Total assets€32,976-€130,395▲ 295%
Debt€12,727-€28,803▲ 126%
Working capital€20,249-€100,607▲ 397%

The operating result for 2025 is nearly 4.3 times that of 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,395
Fixed assets €986
Current assets €129,409
Equity and liabilities €130,395
Equity €101,592 ▲ 402%
Debt €28,803 ▲ 126%
Debt's share of the balance-sheet total falls from 38.6% to 22.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€103,074
Cash flow
€81,637
Current ratio
4.49▲
2024 · 2.59
Debt to equity
0.28▼
2024 · 0.63
ROE
80.1%▼
2024 · 95.1%
ROA
62.4%▲
2024 · 58.4%
Interest coverage
over 100
Debt ≤ 1 year
€28,803▲
2024 · €12,727
Income taxes
€21,306▲
2024 · €4,812
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets-€1,279
Financial fixed assets-€0
Depreciation and write-downs of the year-€293

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,976€130,395▲
Fixed assets21/28-€986
Tangible fixed assets22/27-€986
Furniture and vehicles24-€986
Current assets29/58€32,976€129,409▲
Amounts receivable within one year40/41€30,523€9,620▼
Trade receivables40€30,523€9,620▼
Cash at bank and in hand54/58€1,000€119,545▲
Deferred charges and accrued income490/1€1,452€245▼
Equity and liabilities
Total equity and liabilities10/49€32,976€130,395▲
Equity10/15€20,249€101,592▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€19,249€100,592▲
Amounts payable17/49€12,727€28,803▲
Amounts payable within one year42/48€12,727€28,803▲
Trade debts44€4,266€515▼
Suppliers440/4€4,266€515▼
Taxes, remuneration and social security45€4,812€26,118▲
Taxes450/3€4,812€26,118▲
Other amounts payable47/48€3,649€2,169▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€293
Other operating charges640/8€387€695▲
Gross operating margin9900€24,449€103,769▲
Operating profit (loss)9901€24,061€102,781▲
Financial charges65/66B-€132
Recurring financial charges65-€132
Profit (loss) for the period before taxes9903€24,061€102,649▲
Income taxes67/77€4,812€21,306▲
Profit (loss) for the period9904€19,249€81,343▲
Profit (loss) for the period to be appropriated9905€19,249€81,343▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,249€100,592▲
Profit (loss) brought forward from the previous period14P-€19,249

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 25-07-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€293-
Other operating charges640/8€387€695▲ 79.4%
Gross operating margin9900€24,449€103,769▲ 324%
Operating profit (loss)9901€24,061€102,781▲ 327%
Financial charges65/66B-€132-
Recurring financial charges65-€132-
Profit (loss) for the period before taxes9903€24,061€102,649▲ 327%
Income taxes67/77€4,812€21,306▲ 343%
Profit (loss) for the period9904€19,249€81,343▲ 323%
Profit (loss) for the period to be appropriated9905€19,249€81,343▲ 323%
Line20242025Change
Assets
Total assets20/58€32,976€130,395▲ 295%
Fixed assets21/28-€986-
Tangible fixed assets22/27-€986-
Furniture and vehicles24-€986-
Current assets29/58€32,976€129,409▲ 292%
Amounts receivable within one year40/41€30,523€9,620▼ 68.5%
Trade receivables40€30,523€9,620▼ 68.5%
Cash at bank and in hand54/58€1,000€119,545▲ 120×
Deferred charges and accrued income490/1€1,452€245▼ 83.2%
Equity and liabilities
Total equity and liabilities10/49€32,976€130,395▲ 295%
Equity10/15€20,249€101,592▲ 402%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€19,249€100,592▲ 423%
Amounts payable17/49€12,727€28,803▲ 126%
Amounts payable within one year42/48€12,727€28,803▲ 126%
Trade debts44€4,266€515▼ 87.9%
Suppliers440/4€4,266€515▼ 87.9%
Taxes, remuneration and social security45€4,812€26,118▲ 443%
Taxes450/3€4,812€26,118▲ 443%
Other amounts payable47/48€3,649€2,169▼ 40.6%
Line20242025Change
Profit (loss) for the period9904€19,249€81,343▲ 323%
+ Depreciation and write-downs630-€293-
Operating cash flow (approximation)€19,249€81,637▲ 324%
Change in cash-€118,545-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 11,279 companies had the same profile as VEMODOC has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of VEMODOC itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 11,279 companies, not a prediction for VEMODOC. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 25-07-2026 2026-00331214 PDF
31-12-2024 micro format 27-08-2025 2025-00411742 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
MORELLE Véronique Marie Bernadette
Director (not named in the articles) · appointed in the act of 13-12-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 25-07-2026
Current

Owners and capital

Shareholders

At incorporation act of 13-12-2024 ↗

Capital transactions

Capital over time
  1. 13-12-2024 Incorporation · €1,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Organe d’administration, renouvelables tous les six ans en cas de pluralité d’actionnaires et/ou administrateurs”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Praticiens légalement habilités à exercer la médecine en Belgique,inscrits au Tableau de l’Ordre des Médecins et pratiquant ou appelés à…”

Articles of association, deed of 13-12-2024 (in French)

Network & group

VEMODOC shares no director with another company.

Companies at the same address

3 other companies

Connections & network

1 current director
Depth

The network starts from the directors of VEMODOC. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
25-07
NBB filing Annual accounts 2025 filedNBB
micro format · 6 days before the deadline
2025
31-12
Financial Equity above €100,000equity €101,592 ▲402%
With a profit in every financial year since 2024, equity grows to €101,592.
27-08
NBB filing Annual accounts 2024 filedNBB
micro format · 27 days late
2024
13-12
Gazette deed Incorporation
Starting capital €1,000 · Appointment: MORELLE Véronique Marie Bernadette (director) · Founder10 points ▸
  • Founding capital, €1,000
  • Founder, MORELLE Véronique Marie Bernadette
  • Other provision, “plan financier et responsabilité des fondateurs, faillite dans les trois ans de la constitution” (deed in French)
  • Bank account, “Banque X, compte spécial ouvert au nom de la société en formation” (deed in French)
  • Other provision, “attestation de dépôt”, 1000 (deed in French)
  • Registered office clause, “1000 Bruxelles, Rue Archimède 28, à dater du dépôt au greffe d'une expédition de l'acte constitutif” (deed in French)
  • Board rule, 1, “actionnaire unique” (deed in French)
  • Director appointment, MORELLE Véronique Marie Bernadette (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, engagements obligations et activités entrepris au nom et pour compte de la société en formation” (deed in French)
  • Incorporation, “VEMODOC” (deed in French)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 11 December 2024, VEMODOC was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 MORELLE Véronique Marie Bernadette is director of the company, appointed in the act of 13-12-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-12-2024
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name VEMODOC in French
Enterprise number 1017.230.585
Legal form Private limited company
Status Active, normale toestand
Founded 11-12-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-12-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, organe d’administration”
deed of 13-12-2024 (in French)

Registered office and establishments

Registered office Archimedesstraat 28, 1000 Brussel, Belgium
Establishment unit VEMODOC, Archimedesstraat 28, 1000 Brussel since 11-12-2024 · unit number 2.367.610.74186210 General medical practice

Invoicing and payment

VAT number BE 1017.230.585
E-invoicing via Peppol
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Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of May at 18:00
deed of 13-12-2024 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
4 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
243 m²
Building footprint
129 m²
Building volume
2,227 m³
Cadastral parcel Region Area Buildings Height / floors
21806F0279/00D003 Brussels 243 m² 1 · 129 m² 22.7 m · 6