Equity
€121,661 from €1.1m in 2014
Equity fell by 89% in 11 years.
VLEM
Lifetime
18 annual accounts with figures on one time axispeak €678,270 (2011)
€80,307▲ 79.6%
lowest -€125,126 (2023)
-€27,676▲ €65,099
peak €1.1m (2014)
€121,661▼ 18.5%
€1.2m▲ 0.1%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €44,718 to €80,307Loss of €27,676Equity from €149,337 to €121,661Cash from €7,831 to €22,715
Key points
from the 2025 annual accountsLosses
-€984,617 in eleven years
Every financial year from 2015 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €180,000 estimated
The micro format states no turnover.
Debts
€1.2m 91% of the balance sheet
Financial debts 99%Suppliers 0%Taxes and wages 0%
Of this, €10,225 falls due within a year.
Filings
18 annual accounts since 2007
The 2021 accounts came 31 days late. The other nine of the last ten were filed on time.
Position in the sector
-€27,676
Lower net result than 95% of companies in human health. Sector median €59,563 · 21,309 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 910 companies had the same profile as VLEM has now. Each dot stands for 3 companies, two years later.
95.2%
were still trading
2.2%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 910 companies, not a prediction for VLEM. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885785687
Resignation: (manager)
Reappointment: (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: · General meeting of 09-12-2023 · Gazette deed
Incorporation
published on 29-12-2006 · Gazette deed
First establishment
Meierij 17, Merelbeke-Melle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VLEM Oosterzele | €1.3m | €80,307 | 9.1% | - |
| DR.NADIA STRUYF Brecht | €1.3m | €77,946 | 93.4% | - |
| DR. M. CLAUS Zoersel | €1.2m | €84,062 | 59.8% | - |
| DR. VIERENDEELS, heelkunde Haaltert | €1.1m | €81,389 | 99.7% | - |
| Dr. Elke Rimbaut, urgentiearts Ninove | €1.3m | €97,496 | 36.6% | - |
| Dr MARIUS An, huisarts Ronse | €1.3m | €86,590 | 48.8% | - |
| DR. CATHY BEGHIN Ghent | €1.2m | €102,377 | 65.3% | - |
These companies have the same main activity as VLEM: specialist medical practice (NACE 86220). They are comparable in size and age: total assets between €1.1m and €1.3m, founded between 2004 and 2011.
Official details
Source: KBO- Status
- Active since 19-12-2006Normal situation
- Activity
- Specialist medical practiceNACE 86220
- Establishment unit
- 2.200.841.6119820 Merelbeke-Melle, since 13-12-2006
- Financial year end
- 30 June
- Peppol
- Reachable since 28-08-2025
Annual accounts to 30-06-2025
- €1.3m▼ 2.0%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on VLEM
VLEM files the micro format. That format states no turnover. The gross margin fell from €269,987 in 2007 to €80,307 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets, financed with long-term debt.
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 VLEM
- What is the company number of VLEM?
- The company number of VLEM is 0885.785.687. The VAT number is the same number with BE in front: BE 0885.785.687.
- Where is VLEM based?
- The registered office is at Hettingen 65, 9860 Oosterzele.Company details
- What does VLEM do?
- According to the KBO register, the main activity is specialist medical practice (NACE 86220).
- What is the legal form of VLEM?
- VLEM is a private limited company (BV).
- When was VLEM founded?
- VLEM was founded on 19-12-2006.
- Is VLEM still active?
- Yes, VLEM is an active enterprise in the KBO register.
- What is the turnover of VLEM?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €80,307 and 32 comparable companies (NACE 862). It probably lies between €140,000 and €230,000.Financials
- Is VLEM profitable?
- In financial year 2025, VLEM made a loss of €27,676.
- Where can I find the annual accounts of VLEM?
- VLEM filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VLEM due?
- VLEM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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