Financials
- Fiscal year
- 2024
- Total assets
- €16,191
- Loss
- -€29,232
- Solvency
- -118.8%
Total assets▲ 61.9%
20232024
VM INNOVATION
ActiveSummary
The computed 12-month bankruptcy probability of VM INNOVATION is 13.1% (high). The 2024 annual accounts show negative equity (-€19,232) and a net result of -€29,232. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activity not known2 sites
Size
€16,191total assets 2024
- Equity
- -€19,232
- Loss
- -€29,232
Turnover not published (abridged schema)
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 27- 1 financial year not filed after the legal deadline; latest accounts 288 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Founded in 2023- 2 establishment unitsShow the evidence
Checked score
Score 2024
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 7% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -118.8% of total assets
Liquidity
10
short-term debt 218.8% · cash 7.6%
Profitability
0
return on assets -180.5%
Bankruptcy probability, 12 months
13.1%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.1%lowest value
12-2024: 6.9%▲ +35.4% vs 11-2024
01-2025: 7.1%▲ +2.2% vs 12-2024
02-2025: 7.1%● 0.0% vs 01-2025
03-2025: 7.1%▲ +0.6% vs 02-2025
04-2025: 7.1%▲ +0.3% vs 03-2025
05-2025: 7.1%● 0.0% vs 04-2025
06-2025: 6.8%▼ -3.9% vs 05-2025
07-2025: 6.7%▼ -2.0% vs 06-2025
08-2025: 7.2%▲ +7.0% vs 07-2025
09-2025: 7.4%▲ +3.4% vs 08-2025
10-2025: 8.3%▲ +11.3% vs 09-2025
11-2025: 8.3%▲ +1.0% vs 10-2025
12-2025: 9.0%▲ +8.2% vs 11-2025
01-2026: 11.4%▲ +26.0% vs 12-2025
02-2026: 11.4%● 0.0% vs 01-2026
03-2026: 11.5%▲ +1.4% vs 02-2026
04-2026: 10.6%▼ -7.9% vs 03-2026
05-2026: 10.7%▲ +0.6% vs 04-2026
06-2026: 11.4%▲ +6.5% vs 05-2026
07-2026: 11.3%▼ -0.7% vs 06-2026
08-2026: 11.5%▲ +1.4% vs 07-2026
09-2026: 13.0%▲ +13.3% vs 08-2026
10-2026: 13.1%▲ +0.7% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 288 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Founded in 2023 raises the probability for this profile
- 2 establishment units raises the probability
No credit on open account
Liquidity short (current ratio 0.34; short-term debt: 218.8% and cash: 7.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 9%, profitability 8%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year -€19,232
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2026, 288 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
288 d late
2023
117 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 203 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Judicial dissolution and immediate closureOndernemingsrechtbank Brussel · event 08-05-2026
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 3
- Since
- 2024
- 18-05-2026Judicial dissolution and immediate closure
- 15-05-2026Annual accounts filed
- 25-11-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Founded
- 03-02-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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