Summary
VM-C is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €134,211 and a net result of €72,551. Equity is growing by about 96% per year across the filed financial years. Its solvency ranks better than 65% of 9,736 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €134,211
- Profit
- €72,551
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 3 accounts on average 14 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €72,551 ▲55.6%
- Equity above €100,000equity €134,211 ▲118%
Financials · financial year 2025, micro format
Source amounts without an identifiable currency are assumed to be EUR.
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €23,959 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,378 | €636 | €636 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3,600 | - | - | - |
| Other operating charges640/8 | €50 | €527 | €915 | ▲ 73.5% |
| Gross operating margin9900 | €22,367 | €63,583 | €99,206 | ▲ 56.0% |
| Operating profit (loss)9901 | €17,339 | €62,419 | €97,655 | ▲ 56.4% |
| Financial income75/76B | €4 | €105 | €552 | ▲ 424% |
| Recurring financial income75 | €4 | €105 | €552 | ▲ 424% |
| Financial charges65/66B | €60 | €2,715 | €3,528 | ▲ 29.9% |
| Recurring financial charges65 | €60 | €2,715 | €3,528 | ▲ 29.9% |
| Profit (loss) for the period before taxes9903 | €17,283 | €59,810 | €94,679 | ▲ 58.3% |
| Income taxes67/77 | €3,572 | €13,169 | €22,128 | ▲ 68.0% |
| Profit (loss) for the period9904 | €13,711 | €46,641 | €72,551 | ▲ 55.6% |
| Profit (loss) for the period to be appropriated9905 | €13,711 | €46,641 | €72,551 | ▲ 55.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €20,405 | €93,992 | €195,625 | ▲ 108% |
| Fixed assets21/28 | €1,587 | €951 | €315 | ▼ 66.9% |
| Tangible fixed assets22/27 | €1,587 | €951 | €315 | ▼ 66.9% |
| Plant, machinery and equipment23 | €1,587 | €951 | €315 | ▼ 66.9% |
| Current assets29/58 | €18,818 | €93,041 | €195,309 | ▲ 110% |
| Amounts receivable within one year40/41 | €1,172 | €26,242 | €39,585 | ▲ 50.8% |
| Trade receivables40 | €756 | €16,329 | €21,292 | ▲ 30.4% |
| Other amounts receivable41 | €416 | €9,914 | €18,294 | ▲ 84.5% |
| Cash at bank and in hand54/58 | €16,286 | €62,449 | €153,111 | ▲ 145% |
| Deferred charges and accrued income490/1 | €1,360 | €4,349 | €2,613 | ▼ 39.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €20,405 | €93,992 | €195,625 | ▲ 108% |
| Equity10/15 | €15,878 | €61,661 | €134,211 | ▲ 118% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €12,878 | €58,661 | €131,211 | ▲ 124% |
| Distributable reserves133 | €12,878 | €58,661 | €131,211 | ▲ 124% |
| Amounts payable17/49 | €4,527 | €32,331 | €61,413 | ▲ 90.0% |
| Amounts payable within one year42/48 | €4,027 | €32,331 | €61,413 | ▲ 90.0% |
| Financial debts43 | - | €65 | €746 | ▲ 11× |
| Credit institutions430/8 | - | €65 | €746 | ▲ 11× |
| Trade debts44 | €121 | €6,960 | €12,668 | ▲ 82.0% |
| Suppliers440/4 | €121 | €6,960 | €12,668 | ▲ 82.0% |
| Taxes, remuneration and social security45 | €3,906 | €24,447 | €48,000 | ▲ 96.3% |
| Taxes450/3 | €3,906 | €24,447 | €48,000 | ▲ 96.3% |
| Other amounts payable47/48 | - | €859 | - | - |
| Accrued charges and deferred income492/3 | €500 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,711 | €46,641 | €72,551 | ▲ 55.6% |
| + Depreciation and write-downs630 | €1,378 | €636 | €636 | = |
| Operating cash flow (approximation) | €15,089 | €47,277 | €73,187 | ▲ 54.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €46,163 | €90,662 | ▲ 96.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 08-07-2026 | 2026-00284274 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00296724 |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00286544 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VERHAAGEN,Guus Jan Bart |
|
Owners and capital
Capital and shareholders
- VERHAAGEN,Guus Jan Bart 300 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-07-2023 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-07
Gazette deed
IncorporationAppointment: VERHAAGEN,Guus Jan Bart (director) · Founder · Founding capital9 facts ▸
- Incorporation, “VM-C” (deed in Dutch)
- Founder, VERHAAGEN,Guus Jan Bart
- Founding capital, €3,000
- Shareholding, 300, “2000 Antwerpen,Montevideostraat 8/101” (deed in Dutch)
- Capital
- Registered office clause, “2000 Antwerpen,Montevideostraat 8/101” (deed in Dutch)
- Board rule, 1
- Director appointment, VERHAAGEN,Guus Jan Bart (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten voor heden door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11807G0126/02C019 | Flanders | 1,522 m² | 1 · 1,000 m² | 18.8 m |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VM-C
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur,onbepaalde duur bij gebrek aan bepaling, algemene vergadering bepaalt aantal,duur en bij meerdere…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed