Nine of the last ten came late. The 2022 accounts came latest: 178 days after the end of the period.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0841016724
Resignations: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director)
General meeting of 09-12-2020 · Gazette deed
Appointments: Hidden nameVisible after signing in (manager) and Name after signing inVisible after signing in (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
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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