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VM CONSTRUCTION

Active Private limited company (pre-2019)founded 2011active for 14 yearsVeldekensstraat 277, 9240 ZeleKBO/BCE: BE 0841.016.724

Lifetime

14 annual accounts with figures on one time axis
peak €116,219 (2022)
€62,040▼ 27.9%
lowest -€13,748 (2012)
-€389▼ €8,025
peak €94,298 (2024)
€93,909▼ 0.4%
€181,043▼ 55.2%
Board3 names since 2017
1 director
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Gross margin from €86,020 to €62,040Loss of €389Debts from €403,725 to €181,043Cash from €191,278 to €99,354

Key points

from the 2025 annual accounts

Turnover

≈ €330,000 estimated

The micro format states no turnover.

Filings

14 annual accounts since 2012
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2022 accounts came latest: 178 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as VM CONSTRUCTION has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,908 companies, not a prediction for VM CONSTRUCTION. 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

Board and ownership

Manager
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0841016724
Resignations: (director) and (director) General meeting of 09-12-2020 · Gazette deed
Appointments: (manager) and (manager) General meeting of 01-06-2017 · Gazette deed
Company renamed from IB MACHINES to VM CONSTRUCTION “Het aan-en verkopen,ruilen,omvormen,bouwen,verbouwen,afbreken,herbouwen,renoveren,exploiteren,beheren,onderhou…” (deed in Dutch) · General meeting of 31-03-2017 · Gazette deed
All 22 events

Comparable companies

same main activity, similar in size and age
Company
VM CONSTRUCTION Zele €274,952 €62,040 34.2% -
T-REX SAFETY Perwez €285,911 €54,223 42.9% -
Partshouse Sint-Niklaas €272,417 €40,173 13.0% -
Rovapack Lier €342,834 €75,477 26.6% -
E&S INDUSTRIAL TOOLS Kontich €281,978 €93,177 41.2% -
COMET PROJECTS Ingelmunster €357,337 €65,380 85.8% -
QUADRANT CONTROL Villers-la-Ville €291,216 €43,986 92.4% -

These companies have the same main activity as VM CONSTRUCTION: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €272,000 and €357,000, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 14-11-2011Normal situation
Activity
Wholesale of other machinery and equipmentNACE 46649and 2 others
Joint committee
124Construction · annual accounts 2023
Establishment unit
2.213.305.0229240 Zele, since 14-11-2011
Financial year end
31 December
Peppol
Reachable since 11-09-2025
Company details

Annual accounts 2025

€274,952▼ 44.8%
Filing
Filed on 29-09-2026
Financials

Insights on VM CONSTRUCTION

VM CONSTRUCTION files the micro format. That format states no turnover. The gross margin rose from -€12,811 in 2012 to €62,040 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 CONSTRUCTION

What is the company number of VM CONSTRUCTION?
The company number of VM CONSTRUCTION is 0841.016.724. The VAT number is the same number with BE in front: BE 0841.016.724.
Where is VM CONSTRUCTION based?
The registered office is at Veldekensstraat 277, 9240 Zele.Company details
What does VM CONSTRUCTION do?
According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of VM CONSTRUCTION?
VM CONSTRUCTION is a private limited company (pre-2019) (BVBA).
When was VM CONSTRUCTION founded?
VM CONSTRUCTION was founded on 14-11-2011.
Is VM CONSTRUCTION still active?
Yes, VM CONSTRUCTION is an active enterprise in the KBO register.
How many employees does VM CONSTRUCTION have?
VM CONSTRUCTION had an average of 0.9 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does VM CONSTRUCTION fall under?
In its 2023 annual accounts, VM CONSTRUCTION states joint committee 124 (Construction).
What is the turnover of VM CONSTRUCTION?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €62,040 and 106 comparable companies (NACE 46). It probably lies between €170,000 and €580,000.
Is VM CONSTRUCTION profitable?
In financial year 2025, VM CONSTRUCTION made a loss of €389.
Where can I find the annual accounts of VM CONSTRUCTION?
VM CONSTRUCTION filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VM CONSTRUCTION due?
VM CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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