VM DISTRIBUTION
ActiveThe computed 12-month bankruptcy probability of VM DISTRIBUTION is 2.2% (moderate). The 2025 annual accounts show negative equity (€-5k) and a net result of €-782. Equity is shrinking by ~59.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 11185 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency50=
Growth58=
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
28 d late
2023
30 d late
2022
30 d late
2021
30 d late
2020
59 d late
2019
70 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-5k▼ 18.1%
2024 · €-4k
2018: €2k
2019: €411
2020: €-200
2021: €-244
2022: €-2k
2023: €-4k
2024: €-4k
2018 → 2025
Total assets
€31▲ 138%
2024 · €13
2018: €4k
2019: €713
2020: €247
2021: €86
2022: €566
2023: €83
2024: €13
2018 → 2025
Net result
€-782▼ 16.7%
2024 · €-670
2018: €-5k
2019: €-1k
2020: €-611
2021: €-44
2022: €-1k
2023: €-2k
2024: €-670
2018 → 2025
Working capital
€-641▼ 275%
2020 · €-171
2018: €2k
2019: €411
2020: €-171
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-244-€-2k▼ 566%€-4k▼ 125%€-4k▼ 18.3%€-5k▼ 18.1%
Operating result€96-€-1k€-2k▼ 58.0%€-626▲ 68.7%€-737▼ 17.7%
Net result€-44-€-1k▼ 3,036%€-2k▼ 47.3%€-670▲ 67.0%€-782▼ 16.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €737 in 2025 against €626 in 2024; the loss grows.
Key figures and ratios
Debt
€5k▲
2024 · €4k
Debt > 1 year
€5k▲
2024 · €4k
Ratios withheld: a balance sheet total of €31 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€13€31▲
Current assets29/58€13€31▲
Cash at bank and in hand54/58€13€31▲
Equity and liabilities
Total equity and liabilities10/49€13€31▲
Equity10/15€-4k€-5k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-11k€-11k▼
Amounts payable17/49€4k€5k▲
Amounts payable after more than one year17€4k€5k▲
Other amounts payable178/9€4k€5k▲
Income statement
Code20242025
Gross operating margin9900€-626€-737▼
Operating profit (loss)9901€-626€-737▼
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€-670€-782▼
Profit (loss) for the period9904€-670€-782▼
Profit (loss) for the period to be appropriated9905€-670€-782▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-11k▼
Profit (loss) brought forward from the previous period14P€-10k€-11k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
NBB filing
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue des Perdrix 51410 WaterlooGround area
1,601 m²
Building footprint
186 m²
Volume, LiDAR
1,030 m³
Parcel 25762H0817/00_000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VM DISTRIBUTION
since 20172.266.914.249
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0817/00_000 | Wallonia | 1,601 m² | 1 · 186 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2017
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46389Wholesale of other food products
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.