VINHMM
ActiveSummary
VINHMM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €715k and a net result of €106k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 9624 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▼-1
Solvency100▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.99 against 3.75 in 2023; short-term debt: 16.2% and cash: 49.3% of total assets), and 19.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
80.5%
Return on assets
11.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
20 d early
2022
12 d early
2021
4 d early
2020
33 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€715k▲ 6.3%
2023 · €673k
2018: €373klowest in 7 years
2019: €436k▲ +17.1% vs 2018
2020: €518k▲ +18.8% vs 2019
2021: €547k▲ +5.5% vs 2020
2022: €626k▲ +14.4% vs 2021
2023: €673k▲ +7.5% vs 2022
2024: €715k▲ +6.3% vs 2023highest in 7 years
2018 → 2024
Total assets
€889k▼ 3.7%
2023 · €923k
2018: €583klowest in 7 years
2019: €585k▲ +0.4% vs 2018
2020: €674k▲ +15.2% vs 2019
2021: €767k▲ +13.9% vs 2020
2022: €840k▲ +9.6% vs 2021
2023: €923k▲ +9.8% vs 2022highest in 7 years
2024: €889k▼ -3.7% vs 2023
2018 → 2024
Net result
€106k▼ 13.2%
2023 · €122k
2018: €75k
2019: €64k▼ -15.2% vs 2018lowest in 7 years
2020: €82k▲ +28.9% vs 2019
2021: €82k▲ +0.3% vs 2020
2022: €114k▲ +38.5% vs 2021
2023: €122k▲ +7.3% vs 2022highest in 7 years
2024: €106k▼ -13.2% vs 2023
2018 → 2024
Working capital
€573k▲ 1.6%
2023 · €564k
2018: €313klowest in 7 years
2019: €371k▲ +18.6% vs 2018
2020: €441k▲ +18.9% vs 2019
2021: €441k● +0.0% vs 2020
2022: €517k▲ +17.2% vs 2021
2023: €564k▲ +9.3% vs 2022
2024: €573k▲ +1.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€518k-€547k▲ 5.5%€626k▲ 14.4%€673k▲ 7.5%€715k▲ 6.3%
2020: €518klowest in 5 years
2021: €547k▲ +5.5% vs 2020
2022: €626k▲ +14.4% vs 2021
2023: €673k▲ +7.5% vs 2022
2024: €715k▲ +6.3% vs 2023highest in 5 years
Operating result€110k-€114k▲ 3.8%€164k▲ 43.9%€175k▲ 7.1%€149k▼ 14.8%
2020: €110klowest in 5 years
2021: €114k▲ +3.8% vs 2020
2022: €164k▲ +43.9% vs 2021
2023: €175k▲ +7.1% vs 2022highest in 5 years
2024: €149k▼ -14.8% vs 2023
Net result€82k-€82k▲ 0.3%€114k▲ 38.5%€122k▲ 7.3%€106k▼ 13.2%
2020: €82klowest in 5 years
2021: €82k▲ +0.3% vs 2020
2022: €114k▲ +38.5% vs 2021
2023: €122k▲ +7.3% vs 2022highest in 5 years
2024: €106k▼ -13.2% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €889k
Fixed assets
€172k ▲ 12.1%
Current assets
€717k ▼ 6.8%
Equity and liabilities €889k
Equity
€715k ▲ 6.3%
Debt
€174k ▼ 30.5%
Debt's share of the balance-sheet total falls from 27.1% to 19.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€182k▼
2023 · €202k
Cash flow
€138k▼
2023 · €149k
Current ratio
4.99▲
2023 · 3.75
Quick ratio
3.72▲
2023 · 2.93
Debt to equity
0.24▼
2023 · 0.37
ROE
14.8%▼
2023 · 18.2%
ROA
11.9%▼
2023 · 13.2%
Interest coverage
27.83▼
2023 · 34.74
Debt ≤ 1 year
€144k▼
2023 · €205k
Debt > 1 year
€30k▼
2023 · €45k
Income taxes
€43k▼
2023 · €52k
Staff costs
€125k▲
2023 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€923k€889k▼
Fixed assets21/28€153k€172k▲
Tangible fixed assets22/27€153k€172k▲
Land and buildings22€105k€103k▼
Plant, machinery and equipment23€9k€18k▲
Furniture and vehicles24€39k€51k▲
Current assets29/58€770k€717k▼
Amounts receivable after more than one year29€70k€20k▼
Other amounts receivable291€70k€20k▼
Stocks and contracts in progress3€168k€182k▲
Stocks30/36€168k€182k▲
Amounts receivable within one year40/41€82k€73k▼
Trade receivables40€81k€73k▼
Other amounts receivable41€530€170▼
Current investments50/53€200k€0▼
Cash at bank and in hand54/58€230k€438k▲
Deferred charges and accrued income490/1€20k€4k▼
Equity and liabilities
Total equity and liabilities10/49€923k€889k▼
Equity10/15€673k€715k▲
Contributions10/11€6k€6k=
Reserves13€667k€709k▲
Distributable reserves133€667k€709k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€250k€174k▼
Amounts payable after more than one year17€45k€30k▼
Financial debts170/4€45k€30k▼
Amounts payable within one year42/48€205k€144k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€20k€18k▼
Suppliers440/4€20k€18k▼
Taxes, remuneration and social security45€98k€50k▼
Taxes450/3€76k€25k▼
Remuneration and social security454/9€22k€24k▲
Other amounts payable47/48€72k€61k▼
Income statement
Code20232024
Remuneration, social security and pensions62€104k€125k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€354
Other operating charges640/8€2k€5k▲
Gross operating margin9900€307k€312k▲
Operating profit (loss)9901€175k€149k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€174k€150k▼
Income taxes67/77€52k€43k▼
Profit (loss) for the period9904€122k€106k▼
Profit (loss) for the period to be appropriated9905€122k€106k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€106k▼
Transfer from equity791/2€75k€64k▼
Transfer to equity691/2€122k€106k▼
To other reserves6921€122k€106k▼
Profit to be distributed694/7€75k€64k▼
Return on contributions (dividend)694€75k€64k▼
Social balance
Average headcount (FTE)90873.23.3▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €47k | €90k | €104k | €125k | ▲ 21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €25k | €29k | €27k | €32k | ▲ 19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €414 | - | €354 | - |
| Other operating charges640/8 | - | €9k | €4k | €2k | €5k | ▲ 224% |
| Gross operating margin9900 | €185k | €195k | €287k | €307k | €312k | ▲ 1.7% |
| Operating profit (loss)9901 | €110k | €114k | €164k | €175k | €149k | ▼ 14.8% |
| Financial income75/76B | - | €4k | €3k | €4k | €7k | ▲ 46.2% |
| Recurring financial income75 | €4k | €4k | €3k | €4k | €7k | ▲ 46.2% |
| Financial charges65/66B | - | €5k | €4k | €6k | €7k | ▲ 12.1% |
| Recurring financial charges65 | €3k | €5k | €4k | €6k | €7k | ▲ 12.1% |
| Profit (loss) for the period before taxes9903 | €111k | €113k | €163k | €174k | €150k | ▼ 14.1% |
| Income taxes67/77 | €29k | €31k | €49k | €52k | €43k | ▼ 16.1% |
| Profit (loss) for the period9904 | €82k | €82k | €114k | €122k | €106k | ▼ 13.2% |
| Profit (loss) for the period to be appropriated9905 | €82k | €82k | €114k | €122k | €106k | ▼ 13.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €674k | €767k | €840k | €923k | €889k | ▼ 3.7% |
| Fixed assets21/28 | €142k | €183k | €169k | €153k | €172k | ▲ 12.1% |
| Tangible fixed assets22/27 | €142k | €183k | €169k | €153k | €172k | ▲ 12.1% |
| Land and buildings22 | - | €104k | €106k | €105k | €103k | ▼ 2.1% |
| Plant, machinery and equipment23 | - | €9k | €8k | €9k | €18k | ▲ 92.1% |
| Furniture and vehicles24 | - | €71k | €55k | €39k | €51k | ▲ 30.9% |
| Current assets29/58 | €531k | €584k | €671k | €770k | €717k | ▼ 6.8% |
| Amounts receivable after more than one year29 | - | €56k | €54k | €70k | €20k | ▼ 70.9% |
| Other amounts receivable291 | - | €56k | €54k | €70k | €20k | ▼ 70.9% |
| Stocks and contracts in progress3 | €94k | €126k | €153k | €168k | €182k | ▲ 8.1% |
| Stocks30/36 | - | €126k | €153k | €168k | €182k | ▲ 8.1% |
| Amounts receivable within one year40/41 | €57k | €62k | €121k | €82k | €73k | ▼ 10.7% |
| Trade receivables40 | - | €61k | €95k | €81k | €73k | ▼ 10.4% |
| Other amounts receivable41 | - | €995 | €26k | €530 | €170 | ▼ 67.9% |
| Current investments50/53 | - | - | - | €200k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €253k | €256k | €274k | €230k | €438k | ▲ 90.2% |
| Deferred charges and accrued income490/1 | - | €85k | €70k | €20k | €4k | ▼ 79.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €674k | €767k | €840k | €923k | €889k | ▼ 3.7% |
| Equity10/15 | €518k | €547k | €626k | €673k | €715k | ▲ 6.3% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €512k | €541k | €620k | €667k | €709k | ▲ 6.4% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €539k | €618k | €667k | €709k | ▲ 6.4% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €155k | €220k | €215k | €250k | €174k | ▼ 30.5% |
| Amounts payable after more than one year17 | €65k | €77k | €60k | €45k | €30k | ▼ 33.3% |
| Financial debts170/4 | - | €77k | €60k | €45k | €30k | ▼ 33.3% |
| Amounts payable within one year42/48 | €91k | €143k | €155k | €205k | €144k | ▼ 29.9% |
| Current portion of amounts payable after more than one year42 | - | €18k | €17k | €15k | €15k | ▲ 0.6% |
| Trade debts44 | €12k | €32k | €24k | €20k | €18k | ▼ 9.5% |
| Suppliers440/4 | - | €32k | €24k | €20k | €18k | ▼ 9.5% |
| Taxes, remuneration and social security45 | - | €41k | €80k | €98k | €50k | ▼ 49.6% |
| Taxes450/3 | - | €27k | €60k | €76k | €25k | ▼ 66.7% |
| Remuneration and social security454/9 | - | €14k | €20k | €22k | €24k | ▲ 8.5% |
| Other amounts payable47/48 | - | €52k | €34k | €72k | €61k | ▼ 14.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82k | €82k | €114k | €122k | €106k | ▼ 13.2% |
| + Depreciation and write-downs630 | €24k | €25k | €29k | €27k | €32k | ▲ 19.6% |
| Operating cash flow (approximation) | €106k | €107k | €143k | €149k | €138k | ▼ 7.3% |
| Investment in fixed assets (approximation) | - | €-66k | €-15k | €-11k | €-51k | ▼ 350% |
| Change in cash | - | €2k | €18k | €-43k | €208k | ▲ 578% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €122k ▲7.3%
Operating result €175k, net result €122k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €518k ▲18.8%
3 profitable years in a row build equity to €518k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €64k ▼15.2%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Herentals · 3 establishment units since 2006
Ground area
2.9 ha
Building footprint
7,995 m²
Volume, LiDAR
50,351 m³
3 parcels, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
VINHMM
since 20062.154.887.464
Vinhmm
since 20162.258.706.663
Atealaan(HRT) 4M, 2200 Herentals
since 20252.369.965.960
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027A0071/00D000 | Flanders | 2.8 ha | 1 · 7,713 m² | 8.4 m · 2 fl. |
| 13026A0205/00L000 | Flanders | 872 m² | 1 · 149 m² | 9.3 m · 2 fl. |
| 13011F0396/00N000 | Flanders | 172 m² | 1 · 132 m² | 13.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesHerentals2.154.887.464
Herentals2.369.965.960
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Of 1,508 companies in sector 47252 we hold annual accounts for 652. 403 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
Founded01-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47252Retail sale of beverages, general range
Scores and ratios are computed by Checked and are not a credit decision.