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VHBM

Active
Private limited companyfounded 20214 yrs activeRue Yolande Uyttenhove 26, 7900 Leuze-en-Hainaut, BelgiumKBO/BCE: BE 0779.457.554
Summary

VHBM has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,631 and a net result of €19,799. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 3173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability99▲+99
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 17.44 against 12.63 in 2024; short-term debt: 5.7% and cash: 77.4% of total assets), and 5.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.3%
Return on assets
24.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
17 d early
2024
19 d late
2023
12 d early
2022
23 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VHBM was incorporated on 28 December 2021 as a Private limited company.1 Total assets rose from EUR 52,417 in 2022 to EUR 82,286 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€77,631▲ 34.2%
2024 · €57,832
Total assets
€82,286▲ 31.3%
2024 · €62,683
Net result
€19,799
2024 · -€12,684
Working capital
€76,541▲ 35.7%
2024 · €56,402
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€3,780-€48,479▲ 1,183%-€12,605€24,278
Net result€2,525within the sector's middle half-€37,991above the sector's middle half▲ 1,405%-€12,684below the sector's middle half€19,799within the sector's middle half
Equity€32,525within the sector's middle half-€70,516within the sector's middle half▲ 117%€57,832within the sector's middle half▼ 18.0%€77,631within the sector's middle half▲ 34.2%
Total assets€52,417below the sector's middle half-€98,805below the sector's middle half▲ 88.5%€62,683below the sector's middle half▼ 36.6%€82,286below the sector's middle half▲ 31.3%
Debt€19,892-€28,289▲ 42.2%€4,851▼ 82.9%€4,656▼ 4.0%
Working capital€32,525within the sector's middle half-€68,077within the sector's middle half▲ 109%€56,402within the sector's middle half▼ 17.1%€76,541within the sector's middle half▲ 35.7%
Solvency62.1%above the sector's middle half-71.4%above the sector's middle half▲ 9.3pp92.3%above the sector's middle half▲ 20.9pp94.3%above the sector's middle half▲ 2.1pp
Current ratio2.64above the sector's middle half-3.41above the sector's middle half▲ 0.7712.63above the sector's middle half▲ 9.2217.44above the sector's middle half▲ 4.81
Return on assets (ROA)4.8%within the sector's middle half-38.5%above the sector's middle half▲ 33.6pp-20.2%below the sector's middle half▼ 58.7pp24.1%above the sector's middle half▲ 44.3pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service 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
-€20,000€0€20,000€40,000Operating result 2022: €3,780€3,780Net result 2022: €2,525€2,525Operating result 2023: €48,479€48,479Net result 2023: €37,991€37,991Operating result 2024: -€12,605-€12,605Net result 2024: -€12,684-€12,684Operating result 2025: €24,278€24,278Net result 2025: €19,799€19,7992022202320242025-€20,000€0€20,000€40,000Operating result 2023: €48,479€48,500Net result 2023: €37,991€38,000Operating result 2024: -€12,605-€12,600Net result 2024: -€12,684-€12,700Operating result 2025: €24,278€24,300Net result 2025: €19,799€19,800202320242025
The operating result returns to profit in 2025: €24,278 after a loss of €12,605 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,286
Fixed assets €1,090 ▼ 23.8%
Current assets €81,197 ▲ 32.6%
Equity and liabilities €82,286
Equity €77,631 ▲ 34.2%
Debt €4,656 ▼ 4.0%
Debt's share of the balance-sheet total falls from 7.7% to 5.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,345▲
2024 · -€11,596
Cash flow
€20,865▲
2024 · -€11,675
Debt to equity
0.06▼
2024 · 0.08
ROE
25.5%▲
2024 · -21.9%
Interest coverage
152.95▲
2024 · -62.81
Debt ≤ 1 year
€4,656▼
2024 · €4,851
Income taxes
€4,357
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€62,683€82,286▲
Fixed assets21/28€1,430€1,090▼
Tangible fixed assets22/27€1,430€1,090▼
Furniture and vehicles24€1,430€1,090▼
Current assets29/58€61,254€81,197▲
Amounts receivable within one year40/41€6,483€16,975▲
Trade receivables40€6,451€11,288▲
Other amounts receivable41€32€5,687▲
Cash at bank and in hand54/58€54,285€63,693▲
Deferred charges and accrued income490/1€486€528▲
Equity and liabilities
Total equity and liabilities10/49€62,683€82,286▲
Equity10/15€57,832€77,631▲
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14€27,832€47,631▲
Amounts payable17/49€4,851€4,656▼
Amounts payable within one year42/48€4,851€4,656▼
Trade debts44€2,752€4,159▲
Suppliers440/4€2,752€4,159▲
Taxes, remuneration and social security45€369€486▲
Taxes450/3€369€486▲
Other amounts payable47/48€1,730€11▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,009€1,066▲
Other operating charges640/8€148€92▼
Gross operating margin9900-€11,448€25,436▲
Operating profit (loss)9901-€12,605€24,278▲
Financial income75/76B€106€44▼
Recurring financial income75€106€44▼
Financial charges65/66B€185€166▼
Recurring financial charges65€185€166▼
Profit (loss) for the period before taxes9903-€12,684€24,156▲
Income taxes67/77-€4,357
Profit (loss) for the period9904-€12,684€19,799▲
Profit (loss) for the period to be appropriated9905-€12,684€19,799▲
Appropriation of the result
Profit (loss) to be appropriated9906€27,832€47,631▲
Profit (loss) brought forward from the previous period14P€40,516€27,832▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€589€1,009€1,066▲ 5.7%
Other operating charges640/8€900€100€148€92▼ 37.9%
Gross operating margin9900€4,680€49,168-€11,448€25,436▲ 322%
Operating profit (loss)9901€3,780€48,479-€12,605€24,278▲ 293%
Financial income75/76B-€179€106€44▼ 58.8%
Recurring financial income75-€179€106€44▼ 58.8%
Financial charges65/66B€386€891€185€166▼ 10.2%
Recurring financial charges65€386€891€185€166▼ 10.2%
Profit (loss) for the period before taxes9903€3,393€47,767-€12,684€24,156▲ 290%
Income taxes67/77€868€9,776-€4,357-
Profit (loss) for the period9904€2,525€37,991-€12,684€19,799▲ 256%
Profit (loss) for the period to be appropriated9905€2,525€37,991-€12,684€19,799▲ 256%
Line2022202320242025Change
Assets
Total assets20/58€52,417€98,805€62,683€82,286▲ 31.3%
Fixed assets21/28-€2,439€1,430€1,090▼ 23.8%
Tangible fixed assets22/27-€2,439€1,430€1,090▼ 23.8%
Furniture and vehicles24-€2,439€1,430€1,090▼ 23.8%
Current assets29/58€52,417€96,366€61,254€81,197▲ 32.6%
Amounts receivable within one year40/41€33,347€54,027€6,483€16,975▲ 162%
Trade receivables40€33,347€53,742€6,451€11,288▲ 75.0%
Other amounts receivable41-€285€32€5,687▲ 17,785%
Cash at bank and in hand54/58€18,639€41,880€54,285€63,693▲ 17.3%
Deferred charges and accrued income490/1€432€459€486€528▲ 8.6%
Equity and liabilities
Total equity and liabilities10/49€52,417€98,805€62,683€82,286▲ 31.3%
Equity10/15€32,525€70,516€57,832€77,631▲ 34.2%
Contributions10/11€30,000€30,000€30,000€30,000=
Outside capital11€30,000----
Other1109/19€30,000----
Profit (loss) carried forward14€2,525€40,516€27,832€47,631▲ 71.1%
Amounts payable17/49€19,892€28,289€4,851€4,656▼ 4.0%
Amounts payable within one year42/48€19,892€28,289€4,851€4,656▼ 4.0%
Financial debts43€12,500----
Credit institutions430/8€12,500----
Trade debts44€4,249€14,805€2,752€4,159▲ 51.1%
Suppliers440/4€4,249€14,805€2,752€4,159▲ 51.1%
Taxes, remuneration and social security45€1,841€9,729€369€486▲ 31.5%
Taxes450/3€1,841€9,729€369€486▲ 31.5%
Other amounts payable47/48€1,302€3,754€1,730€11▼ 99.4%
Line2022202320242025Change
Profit (loss) for the period9904€2,525€37,991-€12,684€19,799▲ 256%
+ Depreciation and write-downs630-€589€1,009€1,066▲ 5.7%
Operating cash flow (approximation)€2,525€38,580-€11,675€20,865▲ 279%
Investment in fixed assets (approximation)--€0-€726-
Change in cash-€23,241€12,405€9,408▼ 24.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €19,799
Net result €19,799 after one loss-making year.
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial Weakest financial yearnet -€12,684
Net result drops to -€12,684, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 12.63
Current ratio from 3.41 to 12.63; short-term debt falls from €28,289 to €4,851.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €37,991 ▲1,405%
Operating result €48,479, net result €37,991, both a record.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Leuze-en-Hainaut · 1 establishment unit since 2021
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.

Rue Yolande Uyttenhove 267900 Leuze-en-Hainaut
1 establishment unit
VHBM
Rue Yolande Uyttenhove 26, 7900 Leuze-en-HainautRaising of dairy cattle
since 20212.325.849.568

Recognitions · licences · registrations

Food safety, FASFC

1 site
Leuze-en-Hainaut2.325.849.568
1 permission
Boerderij - akkerbouw · since 18-01-2023

Similar companies · same sector, comparable size

Of 4,671 companies in sector 01610 we hold annual accounts for 1,369. 1,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
01410Raising of dairy cattle
01420Raising of other cattle and buffaloes
01500Mixed farming
01630Crop and animal production, hunting and related service activities
Contact
E-mail velghemichel@yahoo.fr
Phone 0477693671
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779457554
Also 9925:BE0779457554
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.