VHLM
ActiveFrom the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of VHLM is 4.8% (elevated). The annual accounts of VHLM for financial year 2025 show a net loss of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €96,386 and a net result of -€117,538. Equity has been growing by about 20% per year since 2018. Its solvency ranks better than 13% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 04-10-2010 Normal situation
- Activity
- Other construction installation NACE 43240and 7 others
- Establishment unit
- 2.192.936.507 9120 Beveren-Kruibeke-Zwijndrecht, since 04-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.8%
- Gross margin
- €103,473
- ▼ 50.1%
- Turnover
- ≈ €330,000
- estimated
- Loss
- €117,538
- ▲ 467%
- Equity
- €96,386
- ▼ 54.9%
- Total assets
- €921,870
- ▼ 1.6%
- Staff
- 2.3 FTE
- ▼ 8.0%
Score breakdownraises riskLoss of €117,538, the second in a row (financial year 2025)Last filed accounts filed 31 days late; 3 of the last 3 accounts lateEquity €96,386 (10.5% of total assets)Liquidity: current ratio 1.12, cash €4,575Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 43, micro). It does better than 14% of them on solvency, 11% on liquidity, 9% on profitability and 8% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as VHLM: other construction installation (NACE 43240). They are comparable in size and age: total assets between €578,000 and €1.6m, founded between 2002 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| VHLM Beveren-Kruibeke-Zwijndrecht | €0.9m | €0.1m |
| DEBAERE VLAGGENMASTEN Beveren | €0.6m | €0.1m |
| SC CORPORATE GROUP Hasselt | €0.7m | €0.2m |
| IMMO CREATIV Anderlecht | €1.0m | €0.1m |
| COVER-IT Wuustwezel | €1.6m | €0.1m |
| J TECHNICS Beveren-Kruibeke-Zwijndrecht | €0.6m | €0.2m |
| Ravijts J Hamme (Vl.) | €1.2m | €0.4m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-08-2026
- Annual accounts 2024filed on 30-09-2025
- Annual accounts 2023filed on 31-08-2024
- Annual accounts 2022filed on 31-08-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0829.900.524
Key facts about VHLM
- What is the company number of VHLM?
- The company number of VHLM is 0829.900.524. The VAT number is the same number with BE in front: BE 0829.900.524.
- Where is VHLM based?
- The registered office is at Doornpark(BEV) 7, 9120 Beveren-Kruibeke-Zwijndrecht.Company details
- What does VHLM do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of VHLM?
- The legal form of VHLM is Private limited company (pre-2019) (BVBA).
- When was VHLM founded?
- VHLM was founded on 04-10-2010.
- Is VHLM still active?
- Yes, VHLM is an active enterprise in the KBO register.
- How many employees does VHLM have?
- VHLM had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VHLM?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €103,473 and 39 comparable companies (NACE 432). It probably lies between €270,000 and €460,000.
- Is VHLM profitable?
- In financial year 2025, VHLM made a loss of €117,538.
- Where can I find the annual accounts of VHLM?
- VHLM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of VHLM due?
- VHLM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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