Result
€420,158 ▲ 235%
The result rose in 2025 from €125,498 to €420,158.
V.E.M.P.
Lifetime
20 annual accounts with figures on one time axispeak €649,695 (2011)
€312,092▲ 20.7%
lowest -€609,172 (2008)
€420,158▲ 235%
peak €1.6m (2025)
€1.6m▲ 35.4%
€12.9m▲ 36.5%
Board3 names since 2017
3 directorsEric GLACHANT and 2 others
Documentsfilings and deeds
18-08-202618 days late
2025financial year
Gross margin from €258,555 to €312,092Result from €125,498 to €420,158Equity from €1.2m to €1.6mDebts from €9.5m to €12.9mInvestments €2.4mCash from €30,226 to €155,046
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 35% of medium-sized companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.3 percentage points vs 07-2025
09-2025: 0.2%▼ -0.3 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.25, cash €155,046
Equity €1.6m (11.1% of total assets)
lowers risk
Size: total assets €14.5m
Figures for financial year 2025 (filed on 27-08-2026)
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, medium-sized). It does better than 17% of them on solvency, 13% on liquidity, 20% on profitability and 88% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 733 companies had the same profile as V.E.M.P. has now. Each dot stands for 2 companies, two years later.
97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of V.E.M.P. itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 733 companies, not a prediction for V.E.M.P.. 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.
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.25 (0.08 in 2024), below 1. Short-term debt is 59.4% and cash 1.1% of total assets. 88.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
26 days late
2023
29 days late
2022
42 days early
2021
4 days early
2020
40 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 19 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. The company usually files around 18 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Shares in 5 companies, including LE GREY RESIDENCE and TRIAGOZ INVEST
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881012396
Amendment of the articles
General meeting of 13-03-2024 · Gazette deed
3 directors reappointed
Maud GLACHANT, Eric GLACHANT (managing director) and Pierre-Olivier GLACHANT (managing director) · General meeting of 10-01-2024 · Gazette deed
Incorporation
published on 10-05-2006 · Gazette deed
Official details
Source: KBO- Status
- Active since 28-04-2006Normal situation
- Activity
- “Entreprendre ou faire entreprendre l'étude et la réalisation pratique de tous les problèmes techniques,sociaux,économiques,fiscaux…” (deed in French)From the articles, 10 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.200.290.6891050 Ixelles, since 25-04-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Insights on V.E.M.P.
V.E.M.P. has existed since 2006. The gross margin fell from €440,760 in 2019 to €192,442 in 2020.
In January 2024, the Official Gazette published the appointment of Eric GLACHANT as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about V.E.M.P.
- What is the company number of V.E.M.P.?
- The company number of V.E.M.P. is 0881.012.396. The VAT number is the same number with BE in front: BE 0881.012.396.
- Where is V.E.M.P. based?
- The registered office is at Louizalaan 272, 1050 Ixelles.Company details
- What is the legal form of V.E.M.P.?
- V.E.M.P. is a public limited company (NV).
- When was V.E.M.P. founded?
- V.E.M.P. was founded on 28-04-2006.
- Is V.E.M.P. still active?
- Yes, V.E.M.P. is an active enterprise in the KBO register.
- What is the turnover of V.E.M.P.?
- The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €312,092 and 2,275 comparable companies of the same size. It probably lies between €440,000 and €1.2m. It is a rough estimate.Financials
- Is V.E.M.P. profitable?
- In financial year 2025, V.E.M.P. made a profit of €420,158.
- Where can I find the annual accounts of V.E.M.P.?
- V.E.M.P. filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of V.E.M.P. due?
- V.E.M.P. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.