Summary
VLIM has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €8.7m and a net result of €211,008. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 19362 sector peers (fiscal year 2024). The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
30 d late
2022
66 d late
2021
59 d late
2020
58 d early
2019
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 company by equity in Gerpinnes, Real estate sector#2 company by total assets in Gerpinnes, Real estate sector#3 oldest company in Gerpinnes, Real estate sector
Turnover
€8,733▼ 32.5%
2023 · €12,944
EBIT margin
-2405.4%▼ 707.0pp
2023 · -1698.4%
Net result
€211,008▼ 38.5%
2023 · €343,326
Working capital
-€556,775▲ 43.4%
2023 · -€983,087
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€12,944€8,733▼ 32.5%
Operating result-€198,601▲ 6.4%-€213,422▼ 7.5%-€236,135▼ 10.6%-€219,841▲ 6.9%-€210,076▲ 4.4%
Net result€238,570above the sector's middle half€1.3mabove the sector's middle half▲ 436%€186,107above the sector's middle half▼ 85.4%€343,326above the sector's middle half▲ 84.5%€211,008above the sector's middle half▼ 38.5%
EBIT margin-1698.4%-2405.4%▼ 707.0pp
Equity€6.7mabove the sector's middle half▲ 3.7%€8.0mabove the sector's middle half▲ 19.1%€8.2mabove the sector's middle half▲ 2.3%€8.5mabove the sector's middle half▲ 4.2%€8.7mabove the sector's middle half▲ 2.5%
Total assets€13.9mabove the sector's middle half▲ 12.9%€14.2mabove the sector's middle half▲ 1.9%€14.1mabove the sector's middle half▼ 0.7%€14.4mabove the sector's middle half▲ 2.7%€14.0mabove the sector's middle half▼ 3.0%
Debt€7.2m▲ 23.0%€6.2m▼ 14.2%€5.9m▼ 4.6%€5.9m▲ 0.7%€5.3m▼ 10.9%
Working capital-€3.6m▼ 29.1%-€2.9m▲ 18.4%-€2.4m▲ 18.7%-€983,087▲ 58.4%-€556,775▲ 43.4%
Solvency48.2%within the sector's middle half▼ 4.3pp56.3%within the sector's middle half▲ 8.2pp58.1%within the sector's middle half▲ 1.7pp58.9%within the sector's middle half▲ 0.8pp62.2%within the sector's middle half▲ 3.3pp
Staff (FTE)11=1=
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result -85% on 2021. The accounts now follow the micro schema, last year the full schema.
- 2021 Net result +436% on 2020. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €210,076 in 2024 against €219,841 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.0m
Fixed assets
€13.8m ▼ 2.3%
Current assets
€159,740 ▼ 41.3%
Equity and liabilities €14.0m
Equity
€8.7m ▲ 2.5%
Debt
€5.3m ▼ 10.9%
Debt's share of the balance-sheet total falls from 41.1% to 37.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.4%▼
2023 · 4.0%
ROA
1.5%▼
2023 · 2.4%
Debt ≤ 1 year
€716,515▼
2023 · €1.3m
Debt > 1 year
€4.3m▼
2023 · €4.5m
Income taxes
€241,418▲
2023 · €46,222
Staff costs
€41,948▲
2023 · €41,123
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €12,944 | €8,733 | ▼ 32.5% |
| Non-recurring operating income76A | - | - | - | - | €31,392 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €107,321 | €165,507 | ▲ 54.2% |
| Remuneration, social security and pensions62 | - | - | €29,553 | €41,123 | €41,948 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €179,425 | €171,520 | €155,565 | €145,478 | €138,618 | ▼ 4.7% |
| Other operating charges640/8 | - | €22,060 | €14,606 | €12,710 | €15,926 | ▲ 25.3% |
| Gross operating margin9900 | -€7,790 | -€19,842 | -€36,410 | -€20,530 | -€13,585 | ▲ 33.8% |
| Operating profit (loss)9901 | -€198,601 | -€213,422 | -€236,135 | -€219,841 | -€210,076 | ▲ 4.4% |
| Financial income75/76B | - | €1.3m | €482,332 | €677,931 | €720,953 | ▲ 6.3% |
| Recurring financial income75 | €476,795 | €1.0m | €359,006 | €677,931 | €720,953 | ▲ 6.3% |
| Non-recurring financial income76B | - | €247,021 | €123,325 | - | - | - |
| Financial charges65/66B | - | €50,223 | €60,090 | €68,542 | €58,450 | ▼ 14.7% |
| Recurring financial charges65 | €127,479 | €50,223 | €60,090 | €68,507 | €58,450 | ▼ 14.7% |
| Non-recurring financial charges66B | - | - | - | €35 | - | - |
| Profit (loss) for the period before taxes9903 | €150,715 | €1.0m | €186,107 | €389,548 | €452,427 | ▲ 16.1% |
| Income taxes67/77 | -€87,856 | -€261,865 | - | €46,222 | €241,418 | ▲ 422% |
| Profit (loss) for the period9904 | €238,570 | €1.3m | €186,107 | €343,326 | €211,008 | ▼ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €238,570 | €1.3m | €186,107 | €343,326 | €211,008 | ▼ 38.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.9m | €14.2m | €14.1m | €14.4m | €14.0m | ▼ 3.0% |
| Fixed assets21/28 | €13.8m | €13.7m | €13.7m | €14.2m | €13.8m | ▼ 2.3% |
| Tangible fixed assets22/27 | €1.7m | €1.5m | €1.4m | €1.3m | €981,761 | ▼ 24.4% |
| Land and buildings22 | - | €1.5m | €1.4m | €1.3m | €971,736 | ▼ 24.5% |
| Plant, machinery and equipment23 | - | - | €1,121 | €573 | €25 | ▼ 95.6% |
| Leasing and similar rights25 | - | €3,244 | - | - | - | - |
| Other tangible fixed assets26 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Financial fixed assets28 | €12.1m | €12.1m | €12.3m | €12.9m | €12.9m | = |
| Current assets29/58 | €48,826 | €467,954 | €316,750 | €272,135 | €159,740 | ▼ 41.3% |
| Amounts receivable within one year40/41 | €6,091 | €309,089 | €276,511 | €269,200 | €104,268 | ▼ 61.3% |
| Trade receivables40 | - | €3,059 | €5,737 | €4,338 | €6,083 | ▲ 40.2% |
| Other amounts receivable41 | - | €306,030 | €270,774 | €264,862 | €98,184 | ▼ 62.9% |
| Cash at bank and in hand54/58 | €42,736 | €158,865 | €27,801 | €2,935 | €55,472 | ▲ 1,790% |
| Deferred charges and accrued income490/1 | - | - | €12,438 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.9m | €14.2m | €14.1m | €14.4m | €14.0m | ▼ 3.0% |
| Equity10/15 | €6.7m | €8.0m | €8.2m | €8.5m | €8.7m | ▲ 2.5% |
| Contributions10/11 | €7.5m | €7.5m | €7.5m | €7.5m | €7.5m | = |
| Capital10 | - | €7.5m | €7.5m | €7.5m | €7.5m | = |
| Issued capital100 | - | €7.5m | €7.5m | €7.5m | €7.5m | = |
| Outside capital11 | - | €4,115 | €4,115 | €4,115 | €4,115 | = |
| Share premium1100/10 | - | €4,115 | €4,115 | €4,115 | €4,115 | = |
| Revaluation surpluses12 | - | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 0.1% |
| Reserves13 | €303,315 | €303,315 | €303,315 | €303,315 | €303,315 | = |
| Non-distributable reserves130/1 | - | €105,000 | €105,000 | €105,000 | €105,000 | = |
| Legal reserve130 | - | €105,000 | €105,000 | €105,000 | €105,000 | = |
| Distributable reserves133 | - | €198,315 | €198,315 | €198,315 | €198,315 | = |
| Profit (loss) carried forward14 | -€2.3m | -€972,304 | -€786,197 | -€442,872 | -€231,863 | ▲ 47.6% |
| Amounts payable17/49 | €7.2m | €6.2m | €5.9m | €5.9m | €5.3m | ▼ 10.9% |
| Amounts payable after more than one year17 | €3.4m | €2.6m | €3.0m | €4.5m | €4.3m | ▼ 2.6% |
| Financial debts170/4 | - | €2.6m | €3.0m | €4.5m | €4.3m | ▼ 2.6% |
| Other amounts payable178/9 | - | €744 | - | - | - | - |
| Amounts payable within one year42/48 | €3.6m | €3.4m | €2.7m | €1.3m | €716,515 | ▼ 42.9% |
| Current portion of amounts payable after more than one year42 | - | €2,864 | - | - | - | - |
| Financial debts43 | - | €3.3m | €2.6m | €948,000 | €250,000 | ▼ 73.6% |
| Credit institutions430/8 | - | €3.3m | €2.6m | €948,000 | €250,000 | ▼ 73.6% |
| Trade debts44 | €3,368 | €11,360 | €12,513 | €16,047 | €30,253 | ▲ 88.5% |
| Suppliers440/4 | - | €11,360 | €12,513 | €16,047 | €30,253 | ▲ 88.5% |
| Taxes, remuneration and social security45 | - | €17,425 | €20,546 | €6,200 | €26,535 | ▲ 328% |
| Taxes450/3 | - | €17,425 | €18,371 | €1,348 | €21,364 | ▲ 1,485% |
| Remuneration and social security454/9 | - | - | €2,175 | €4,852 | €5,171 | ▲ 6.6% |
| Other amounts payable47/48 | - | €3,491 | €3,604 | €284,975 | €409,727 | ▲ 43.8% |
| Accrued charges and deferred income492/3 | - | €199,851 | €209,052 | €217,002 | €224,952 | ▲ 3.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €238,570 | €1.3m | €186,107 | €343,326 | €211,008 | ▼ 38.5% |
| + Depreciation and write-downs630 | €179,425 | €171,520 | €155,565 | €145,478 | €138,618 | ▼ 4.7% |
| Operating cash flow (approximation) | €417,995 | €1.5m | €341,672 | €488,804 | €349,626 | ▼ 28.5% |
| Investment in fixed assets (approximation) | - | -€10,605 | -€207,411 | -€575,900 | €183,766 | ▲ 132% |
| Change in cash | - | €116,130 | -€131,064 | -€24,866 | €52,537 | ▲ 311% |
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
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
31-12
Financial
Highest result since 2018net €1.3m ▲436%
Net result €1.3m, the highest in the series.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €238,570
Net result €238,570 after 2 loss-making years.
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€152,419
Net result drops to -€152,419, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Gerpinnes · 1 establishment unit since 1982
Ground area
9,756 m²
Building footprint
793 m²
Volume, LiDAR
5,803 m³
2 parcels, Wallonia · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Industrie 18, 6040 Charleroi
since 19822.021.407.051
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52025A0320/00K000 | Wallonia | 9,454 m² | 1 · 691 m² | 13.4 m · 2 fl. |
| 52362F0444/00N000 | Wallonia | 302 m² | 1 · 102 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 2 holdingsOwners 1
-
32.94%
Holdings 2
-
88.7%
-
6.79%
According to the 2024 annual accounts of VLIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300CDDWJMLS7B3831
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Of 11,757 companies in sector 68310 we hold annual accounts for 6,907. 1,131 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-06-1982
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68310Real estate agency activities
41001General construction of residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422979188
Also
9925:BE0422979188
Registered
12-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.