VIM
ActiveSummary
VIM has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,257 and a net result of -€637. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 16076 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €151,257
- Loss
- -€637
- Board
- 3 members
- Holdings
- 1
Why 94- Liquidity: current ratio 0.36, cash €12,532, halved+ Size: total assets €323,142+ Founded in 1992+ Figures for FY 2025 (filed 02-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- Size: total assets €323,142 lowers the probability for this profile
- Founded in 1992 lowers the probability for this profile
- Figures for FY 2025 (filed 02-06-2026) lowers the probability
- Liquidity: current ratio 0.36, cash €12,532, halved raises the probability
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 62%, liquidity 38%, profitability 25%, growth against the median 88%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 68 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
- Reappointments: AVUS, Anne-Sophie Vancaeneghem and Karina…Permanent representative: Philip Vancaeneghem
- Annual accounts filedfiscal year 2025 · micro…
- Capital & shares · Purpose ·…Demerger · Real estate ·…
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 50% below 2024 and is the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Point at or tap 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 68, Real estate 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).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,278 | €1,556 | €1,093 | €1,093 | €1,380 | €1,600 | €1,895 | €3,325 | ▲ 75.5% |
| Other operating charges640/8 | - | - | - | €1,910 | €1,927 | €2,440 | €2,542 | €3,601 | ▲ 41.7% |
| Gross operating margin9900 | €18,359 | €18,645 | €19,011 | €11,177 | €16,170 | €8,138 | €11,361 | €10,367 | ▼ 8.7% |
| Operating profit (loss)9901 | €14,331 | €15,303 | €16,023 | €8,174 | €12,863 | €4,098 | €6,924 | €3,440 | ▼ 50.3% |
| Financial income75/76B | - | - | - | €605 | €630 | €1,062 | €1,654 | €1,689 | ▲ 2.1% |
| Recurring financial income75 | €673 | €696 | €632 | €605 | €630 | €1,062 | €1,654 | €1,689 | ▲ 2.1% |
| Financial charges65/66B | - | - | - | €5,276 | €3,454 | €5,027 | €7,555 | €5,766 | ▼ 23.7% |
| Recurring financial charges65 | €5,923 | €6,188 | €5,847 | €5,276 | €3,454 | €5,027 | €7,555 | €5,766 | ▼ 23.7% |
| Profit (loss) for the period before taxes9903 | €9,080 | €9,810 | €10,807 | €3,503 | €10,039 | €134 | €1,023 | -€637 | ▼ 162% |
| Income taxes67/77 | - | €1,993 | €2,882 | €928 | €2,671 | €33 | €274 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €9,080 | €7,817 | €7,925 | €2,575 | €7,368 | €100 | €749 | -€637 | ▼ 185% |
| Profit (loss) for the period to be appropriated9905 | €9,080 | €7,817 | €7,925 | €2,575 | €7,368 | €100 | €749 | -€637 | ▼ 185% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €331,362 | €338,248 | €347,199 | €281,025 | €290,544 | €297,546 | €298,963 | €323,142 | ▲ 8.1% |
| Fixed assets21/28 | €63,513 | €61,957 | €60,864 | €59,771 | €245,115 | €243,515 | €251,160 | €290,592 | ▲ 15.7% |
| Tangible fixed assets22/27 | €26,329 | €24,773 | €23,680 | €22,587 | €26,277 | €24,677 | €32,323 | €71,755 | ▲ 122% |
| Land and buildings22 | - | - | - | €21,622 | €25,554 | €24,195 | €32,081 | €71,755 | ▲ 124% |
| Other tangible fixed assets26 | - | - | - | €965 | €723 | €482 | €241 | €0 | ▼ 100% |
| Financial fixed assets28 | €37,184 | €37,184 | €37,184 | €37,184 | €218,837 | €218,837 | €218,837 | €218,837 | = |
| Current assets29/58 | €267,848 | €276,291 | €286,335 | €221,254 | €45,430 | €54,031 | €47,803 | €32,549 | ▼ 31.9% |
| Stocks and contracts in progress3 | €181,656 | €181,656 | €181,656 | €181,656 | €0 | - | - | - | - |
| Stocks30/36 | - | - | - | €181,656 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €13,484 | €14,287 | €14,639 | €15,464 | €17,295 | €17,042 | €18,169 | €20,017 | ▲ 10.2% |
| Trade receivables40 | - | - | - | €220 | €1,420 | €255 | €0 | €263 | - |
| Other amounts receivable41 | - | - | - | €15,244 | €15,874 | €16,787 | €18,169 | €19,754 | ▲ 8.7% |
| Cash at bank and in hand54/58 | €72,708 | €80,347 | €90,039 | €24,134 | €28,135 | €36,989 | €29,633 | €12,532 | ▼ 57.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €331,362 | €338,248 | €347,199 | €281,025 | €290,544 | €297,546 | €298,963 | €323,142 | ▲ 8.1% |
| Equity10/15 | €65,543 | €73,360 | €81,285 | €83,860 | €91,228 | €91,328 | €92,077 | €151,257 | ▲ 64.3% |
| Contributions10/11 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | €102,667 | ▲ 33.6% |
| Capital10 | - | - | - | €76,847 | €76,847 | €76,847 | €76,847 | €102,667 | ▲ 33.6% |
| Issued capital100 | - | - | - | €76,847 | €76,847 | €76,847 | €76,847 | €102,667 | ▲ 33.6% |
| Reserves13 | - | - | - | €258 | €994 | €1,004 | €1,079 | €48,582 | ▲ 4,402% |
| Non-distributable reserves130/1 | - | - | - | €258 | €994 | €1,004 | €1,079 | €6,582 | ▲ 510% |
| Legal reserve130 | - | - | - | €258 | €994 | €1,004 | €1,079 | €6,582 | ▲ 510% |
| Distributable reserves133 | - | - | - | - | - | - | - | €42,000 | - |
| Profit (loss) carried forward14 | -€11,304 | -€3,487 | €4,438 | €6,756 | €13,386 | €13,477 | €14,151 | €7 | ▼ 99.9% |
| Amounts payable17/49 | €265,819 | €264,887 | €265,914 | €197,165 | €199,317 | €206,217 | €206,886 | €171,885 | ▼ 16.9% |
| Amounts payable after more than one year17 | €76,847 | €77,252 | €80,837 | €80,837 | €80,837 | €80,432 | €80,432 | €80,432 | = |
| Financial debts170/4 | - | - | - | €76,847 | €76,847 | €76,847 | €76,847 | €76,847 | = |
| Other amounts payable178/9 | - | - | - | €3,990 | €3,990 | €3,585 | €3,585 | €3,585 | = |
| Amounts payable within one year42/48 | €188,972 | €187,635 | €185,077 | €116,328 | €118,480 | €125,201 | €126,454 | €89,553 | ▼ 29.2% |
| Trade debts44 | €162 | €103 | €74 | €1,597 | €1,636 | €5,062 | €1,706 | €4,424 | ▲ 159% |
| Suppliers440/4 | - | - | - | €1,597 | €1,636 | €5,062 | €1,706 | €4,424 | ▲ 159% |
| Taxes, remuneration and social security45 | - | - | - | €3,802 | €3,599 | €2,671 | €222 | €222 | = |
| Taxes450/3 | - | - | - | €3,802 | €3,599 | €2,671 | €222 | €222 | = |
| Other amounts payable47/48 | - | - | - | €110,929 | €113,244 | €117,468 | €124,525 | €84,907 | ▼ 31.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €585 | €0 | €1,900 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,080 | €7,817 | €7,925 | €2,575 | €7,368 | €100 | €749 | -€637 | ▼ 185% |
| + Depreciation and write-downs630 | €2,278 | €1,556 | €1,093 | €1,093 | €1,380 | €1,600 | €1,895 | €3,325 | ▲ 75.5% |
| Operating cash flow (approximation) | €11,358 | €9,374 | €9,018 | €3,668 | €8,748 | €1,700 | €2,644 | €2,689 | ▲ 1.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€186,724 | €0 | -€9,540 | -€42,757 | ▼ 348% |
| Change in cash | - | €7,640 | €9,692 | -€65,905 | €4,001 | €8,854 | -€7,356 | -€17,101 | ▼ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Directors
Board 3
Day-to-day management 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Anne-Sophie Vancaeneghem |
|
| AVUS |
|
| Karina Van Lancker |
|
Owners and capital
Capital and shareholders
- 24-02-2026 Capital increase of €25,820.33 · to €102,667.32 · 2,013 new shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
33.5%
According to the 2025 annual accounts of VIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
13-07
State Gazette act
Reappointments: AVUS, Anne-Sophie Vancaeneghem and Karina Van LanckerPermanent representative: Philip Vancaeneghem7 facts ▸
- General meeting, 02-05-2026
- Director reappointment, AVUS (director)
- Permanent representative, Philip Vancaeneghem (permanent representative)
- Director reappointment, Anne-Sophie Vancaeneghem (director)
- Director reappointment, Karina Van Lancker (director)
- Board meeting, 02-05-2026
- Director reappointment, AVUS (managing director)
24-02
State Gazette act
Capital & shares · Purpose · Statutes amendment · RestructuringDemerger · Real estate · Capital increase11 facts ▸
- General meeting, 05-02-2026
- Statutes amendment
- Demerger, partial split, 2013
- Demerger, partial split, 2956
- Real estate, Appartement A/3, Berging A/3, Autostaanplaats G/4 in Residentie Themis III, Ketelpoort 47, 9000 Gent
- Capital increase, €25.820,33
- Share issue, nominative, 2013
- Purpose change, Uitbreiding van het voorwerp ingevolge splitsing
- Capital, €102.667,32
- Accounting effect, 01-07-2025
- Share allocation
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 2 October 2026 · Peppol Directory
General meetings
1 convocationScores and ratios are computed by Checked and are not a credit decision.
Sites & property
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1993/00S000 | Flanders | 583 m² | 1 · 219 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Articles of association
- PurposeThe activities the company may carry out under its articles.
- De aan- en verkoop, de exploitatie, de valorisatie, het verkavelen, de urbanisatie, de ruiling en verdeling, het huren en verhuren van alle onroerende gebouwde en ongebouwde…
Full purpose
De aan- en verkoop, de exploitatie, de valorisatie, het verkavelen, de urbanisatie, de ruiling en verdeling, het huren en verhuren van alle onroerende gebouwde en ongebouwde, gemeubileerde en niet-gemeubileerde goederen, alsook het uitvoeren van alle bouw- en verbouwingswerken...
Read from the deeds: 1 provision, deed of 24-02-2026