Liquidity
16.17 was 5.98 in 2024
Short-term debts fell from €6,602 to €4,453.
VM
Lifetime
15 annual accounts with figures on one time axispeak €70,987 (2010)
€47,289▲ 126%
lowest -€26,867 (2010)
€34,144▲ 251%
peak €69,109 (2025)
€69,109▲ 97.7%
€4,453▼ 32.6%
peak 1 FTE (2010)
-not published
Board3 names since 2016
1 director
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
Gross margin from €20,889 to €47,289Result from €9,729 to €34,144Equity from €34,964 to €69,109Debts from €6,602 to €4,453Cash from €3,772 to €10,123
Key points
from the 2025 annual accountsFilings
15 annual accounts since 2010
Five of the last ten came late. The 2024 accounts came latest: 27 days after the end of the period.
Position in the sector
93.9%
Higher solvency than 93% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as VM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 34,691 companies, not a prediction for VM. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820745605
Registered office moved from onder nummer to Ledegem
New registered office: Dorpsplein 2 bus 2, 8880 Ledegem · Previous registered office: zetel verplaatsing bekendgemaakt 20-12-2017 onder nummer 17178517 · Change of role: , from manager to statutory director · General meeting of 28-12-2023 · Gazette deed
Resignation: (director)
Director discharge: · General meeting of 01-09-2023 · Gazette deed
Appointment: (director)
General meeting of 15-03-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VM Ledegem | €73,562 | €47,289 | 93.9% | - |
| ANRIC Knokke-Heist | €52,545 | €28,889 | 38.8% | - |
| STEVEN MH Tielt | €125,243 | €62,251 | 62.9% | - |
| DARCIS PROJECT MANAGEMENT CONSULTING Beersel | €75,446 | €70,951 | 34.9% | - |
| DECOORNE MARIE-ROSE Wevelgem | €149,813 | €66,557 | 45.8% | - |
| SUPERCONTROL Kruisem | €137,379 | €44,995 | 63.5% | - |
| ELIANIS MANAGEMENT Schelle | €133,139 | €26,532 | -10.6% | - |
These companies have the same main activity as VM: wholesale trade (NACE 46120). They are comparable in size and age: total assets between €52,500 and €150,000, founded between 2007 and 2012.
Official details
Source: KBO- Status
- Active since 16-11-2009Normal situation
- Activity
- Wholesale tradeNACE 46120and 5 others
- Establishment unit
- 2.183.750.4098880 Ledegem, since 20-11-2009
- Financial year end
- 30 September
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-09-2025
- ≈ €200,000estimated
- €73,562▲ 77.0%
- Filing
- Filed on 08-04-2026, 22 days before the end of the filing period
Insights on VM
VM files the micro format. That format states no turnover. The gross margin fell from €70,987 in 2010 to €47,289 in 2025.
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 VM
- What is the company number of VM?
- The company number of VM is 0820.745.605. The VAT number is the same number with BE in front: BE 0820.745.605.
- Where is VM based?
- The registered office is at Dorpsplein 2, 8880 Ledegem.Company details
- What does VM do?
- According to the KBO register, the main activity is wholesale trade (NACE 46120).
- What is the legal form of VM?
- VM is a private limited company (BV).
- When was VM founded?
- VM was founded on 16-11-2009.
- Is VM still active?
- Yes, VM is an active enterprise in the KBO register.
- What is the turnover of VM?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €47,289 and 38 comparable companies (NACE 461). It probably lies between €130,000 and €520,000.Financials
- Is VM profitable?
- In financial year 2025, VM made a profit of €34,144.
- Where can I find the annual accounts of VM?
- VM filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VM due?
- VM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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