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VM

Active Private limited companyfounded 2009active for 16 yearsDorpsplein 2, 8880 LedegemKBO/BCE: BE 0820.745.605
VM
Financial year 2025
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Annual accounts 2025

micro format, filed on 08-04-2026, 22 days before the deadline
€47,289
▲ 126%
€42,086
▲ 112%
€34,144
▲ 251%
€67,555
▲ 105%
93.9%
▲ 9.8 percentage points
16.17
▲ 10.19

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €130,000 and €520,000.

Balance sheet

balance sheet total €73,562 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

93.9%

Higher than 93% of 15,428 companies in 2025.

16.17

Higher than 94% of 14,692 companies in 2025.

46.4%

Higher than 95% of 14,921 companies in 2025.

VM Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420122011201010 months
Balance sheet: assets
20/58 73,56241,56730,51136,12965,73261,12854,21936,29938,49340,79229,46127,73998,45875,40099,284
20 ------------246493739
21/28 1,5542,054-8,07022,26218,4497,6502,8682,3795,0753,93718,70151,77535,32379,509
22/27 1,5542,054-8,07018,26217,5647,1702,7332,2444,9403,93718,70151,52833,83077,770
23 ---8,07018,26212,9101,230-722905256799281,24479
24 1,5542,054---4,6555,9402,7332,1724,6513,4125,02211,6001,5002,450
28 ----4,000885480135135135---1,0001,000
29/58 72,00839,51330,51128,05943,47042,67946,56933,43136,11435,71725,5249,03846,68340,07619,775
3 -----2221,4001,8709,89411,880-----
30/36 -----2221,4001,8709,89411,880-----
40/41 61,88535,74012,33616,90521,24423,91043,63029,90524,68922,30923,1317,04545,28830,80017,499
40 5,79910,6431,5307,5578,8429,19320,1873,0554773,7847,5372,2524,5168,95217,499
41 56,08525,09810,8079,34812,40214,71723,44326,85124,21218,52415,5944,79340,77221,849-
54/58 10,1233,77218,17411,15422,22518,5471,5381,6561,5311,5282,3921,9931141,218
490/1 ------------1,3849,2721,059
Balance sheet: equity and liabilities
10/49 73,56241,56730,51136,12965,73261,12854,21936,29938,49340,79229,46127,73998,45875,40099,284
10/15 69,10934,96425,23624,78529,31639,44632,80425,6913,6613,1286,837-12,5707,423-12,245-19,447
10/11 22,50022,50022,50022,50022,50022,50022,50022,5007,5007,5007,5007,5007,5007,5007,420
100 -----33,55033,55033,55018,55018,55018,55018,55018,55018,55018,550
101 -----11,05011,05011,05011,05011,05011,05011,05011,05011,05011,130
11 -22,50022,50022,50022,500----------
1109/19 -22,50022,50022,50022,500----------
13 35,9991,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,8551,855-
130/1 1,8551,8551,8551,8551,8551,855---------
130 -----1,8551,8551,8551,8551,8551,8551,8551,8551,855-
1311 1,8551,8551,8551,8551,855----------
133 34,144--------------
14 10,60910,6098814304,96115,0918,4491,336-5,694-6,227-2,518-21,925-1,932-21,600-26,867
17/49 4,4536,6025,27511,34436,41621,68221,41510,60834,83237,66422,62440,30991,03587,645118,732
17 -----------6,56937,76416,21684,383
170/4 -----------6,56937,76416,21684,383
42/48 4,4536,6025,27511,34436,41621,68221,41510,60834,83237,66422,62433,74052,25869,89534,081
42 ----------6,73714,92616,37720,595-
43 ------1,976-6,8288,3709,6386,8306,1744,070-
430/8 ------1,976-6,8288,3709,6386,8306,1744,070-
44 2,3526,6022,8416,56833,08520,34010,5402,71418,68018,2033,88422718,07335,63618,554
440/4 2,3526,6022,8416,56833,08520,34010,5402,71418,68018,2033,88422718,07335,63618,554
45 2,101-2,4344,7773,3301,3428,8997,8949,32411,0912,36511,75711,6339,59415,495
450/3 2,101-2,4344,7773,3301,3428,8997,8949,32411,0912,36511,75711,6337,24515,495
454/9 -------------2,349-
47/48 --------------31
492/3 ------------1,0141,534268
Income statement
76A 28,50016,65061,20015,5188,4093,1933,800----2,090-127-
9900 47,28920,88947,4831,85124,86424,80816,16412,8904,9093,86137,74654754,16170,77870,987
62 ---2,6228,1747,113-------6,19848,495
630 500446-3,1805,3974,4615,1132,7112,1563,47715,21315,05316,46236,31738,171
631/4 -----------180---
640/8 4,7036358671332,1453,8458751,5711,2582,0961,4606,0303,7794,5883,532
66A ----17,479130--209--4,5729,36911,600-
9901 42,08619,80846,616-4,084-8,3319,25910,1758,6071,285-1,71221,073-20,71633,92023,675-19,211
75/76B 19--64535002,2311,8161,2678972,8522,1031,567844
75 19--64535002,1261,8161,2678972,8522,1031,567844
76B -------105-------
65/66B 2983571,1654534845421,0013,8082,5692,5772,5623,1665,2906,6418,500
65 2983571,1654534845421,0012,5082,5692,5772,5623,1665,2906,6418,500
66B -------1,300-------
9903 41,80719,45145,451-4,531-8,3628,7679,1757,030533-3,02219,407-23,51221,3637,127-26,867
67/77 7,6639,722--1,7672,1252,062--686--1,6955-
9904 34,1449,72945,451-4,531-10,1306,6427,1127,030533-3,70819,407-23,51219,6687,122-26,867
9905 34,1449,72945,451-4,531-10,1306,6427,1127,030533-3,70819,407-23,51219,6687,122-26,867
Appropriation of the result
9906 44,75410,60945,8814304,96115,0918,4491,336-5,694-6,227-2,518-21,925-1,932-19,745-26,867
14P 10,6098814304,96115,091----------
691/2 34,144------------1,855-
6920 34,144------------1,855-
694/7 --45,000------------
694 --45,000------------
Social balance sheet
9087 --------------1
Hours worked1013 --------------2,050
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 08-04-2026 2026-00078648 PDF
30-09-2024 micro format 27-05-2025 2025-00107936 PDF
30-09-2023 micro format 11-05-2024 2024-00085567 PDF
30-09-2022 micro format 19-05-2023 2023-00090150 PDF
30-09-2021 micro format 28-04-2022 2022-20014252 PDF
30-09-2020 micro format 14-05-2021 2021-14200258 PDF
30-09-2019 micro format 03-03-2020 2020-06200166 PDF
30-09-2018 micro format 28-02-2019 2019-06200508 PDF
30-09-2017 micro format 20-03-2018 2018-07200392 PDF
30-09-2016 abbreviated format 11-05-2017 2017-12000484 PDF
30-09-2015 abbreviated format 08-06-2016 2016-16800430 PDF
30-09-2014 abbreviated format 22-04-2015 2015-10100433 PDF
30-09-2012 abbreviated format 11-02-2013 2013-03000333 PDF
30-09-2011 abbreviated format 07-02-2013 2013-02800227 PDF
30-09-2010 abbreviated format 27-10-2011 2011-59400590 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €405 awarded, €405 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€405

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420122011201010 months
42,58620,254--904-2,93413,72015,28811,3193,4421,76536,286-5,66350,38259,99218,960
34,64410,175--1,351-4,73311,10312,2259,7412,689-23134,620-8,45936,13043,44011,304
02,500--11,01214,75031,4309,8954,000-5404,6154504,46680,5003,731116,695
6,351-14,4027,020-11,0723,67917,008-1181253-864399-7-1,213-
67,55532,91125,23616,7147,05420,99725,15422,8231,282-1,9472,899-24,702-5,574-29,819-14,306
93.9%84.1%82.7%68.6%44.6%64.5%60.5%70.8%9.5%7.7%23.2%-45.3%7.5%-16.2%-19.6%
16.175.985.782.471.191.972.173.151.040.951.130.270.890.570.58
16.175.985.782.471.191.962.112.980.750.631.130.270.890.570.58
0.060.190.210.461.240.550.650.419.5112.043.31-12.26--
49.4%27.8%180.1%-18.3%-34.6%16.8%21.7%27.4%14.6%-118.5%283.9%-265.0%--
46.4%23.4%149.0%-12.5%-15.4%10.9%13.1%19.4%1.4%-9.1%65.9%-84.8%20.0%9.4%-27.1%
over 10056.71--2.00-6.06----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets-€2,500--€10,750
Financial fixed assets----€4,000
€500€446-€3,180€5,397

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VM

The operating result for 2025 is 112% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 15.9% to 6.1%. Equity is higher and debt is lower.

Next steps

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