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VM Projects

Active Private limited companyfounded 2011active for 15 yearsDeniesstraat 4C, 2160 WommelgemKBO/BCE: BE 0833.346.004

Lifetime

15 annual accounts with figures on one time axis
peak €71,516 (2013)
€26,252▲ 23.4%
lowest -€29,610 (2019)
€6,818▲ 154%
peak €42,051 (2014)
€27,526▲ 32.9%
€121,487▼ 13.0%
Board3 names since 2011
3 directors and 2 others
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €21,274 to €26,252Result from €2,683 to €6,818Equity from €20,708 to €27,526Cash from €14,629 to €8,082

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Debts

€121,487 82% of the balance sheet
Financial debts 38%Suppliers 1%Taxes and wages 0%Other 60%

Of this, €59,746 falls due within a year.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2019 accounts came latest: 119 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, 4,514 companies had the same profile as VM Projects has now. Each dot stands for 12 companies, two years later.

96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 4,514 companies, not a prediction for VM Projects. 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, since 31-01-2011
Director, since 31-01-2011
Director, since 15-01-2013
  • 59 sharesdeed of 24-11-2023
  • 1 sharedeed of 24-11-2023
  • 10 sharesdeed of 24-11-2023
and 3 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0833346004
Registered office moved from Deurne Antwerpen to Wommelgem New registered office: Deniesstraat 4C, 2160 Wommelgem · Previous registered office: Herentalsebaan 441, 2100 Deurne Antwerpen · Board meeting of 19-03-2024 · Gazette deed
2 directors appointed, 2 resignations Resignations: (director) and (director) · Appointments: (director) and (director) · “De groot- en kleinhandel in,de handelsbemiddeling in,de import en export,evenals het leveren aan industriële…” (deed in Dutch) · General meeting of 20-11-2023 · Gazette deed
Appointment: (manager) General meeting of 01-03-2016 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
VM Projects Wommelgem €149,013 €26,252 18.5% -
TM Construct Wommelgem €148,122 €20,694 88.6% -
ALGEMENE BOUWWERKEN GERITS Nijlen €164,269 €28,300 70.4% -
Het Metsertje Mechelen €126,030 €30,064 -214.5% -
DOMIL Braine-l'Alleud €151,959 €27,771 32.7% -
COIMGEST Chaumont-Gistoux €141,976 €26,988 51.5% -
Wesley Devos Algemene Bouwwerken Ardooie €155,839 €27,299 62.1% -

These companies have the same main activity as VM Projects: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €126,000 and €164,000, founded between 2009 and 2011.

Official details

Source: KBO
Status
Active since 31-01-2011Normal situation
Activity
General construction of residential buildingsNACE 41001and 4 others
Establishment unit
2.196.996.3522160 Wommelgem, since 31-01-2011
Financial year end
31 December
Peppol
Reachable since 25-11-2025
Company details

Annual accounts 2025

€149,013▼ 7.1%
Filing
Filed on 24-08-2026
Financials

Insights on VM Projects

VM Projects files the micro format. That format states no turnover. The gross margin fell from €33,771 in 2011 to €26,252 in 2025.

The balance sheet grew most from 2014 to 2016 through fixed assets, financed with long-term debt.

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 Projects

What is the company number of VM Projects?
The company number of VM Projects is 0833.346.004. The VAT number is the same number with BE in front: BE 0833.346.004.
Where is VM Projects based?
The registered office is at Deniesstraat 4C, 2160 Wommelgem.Company details
What does VM Projects do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VM Projects?
VM Projects is a private limited company (BV).
When was VM Projects founded?
VM Projects was founded on 31-01-2011.
Is VM Projects still active?
Yes, VM Projects is an active enterprise in the KBO register.
What is the turnover of VM Projects?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €26,252 and 173 comparable companies (NACE 41001). It probably lies between €100,000 and €330,000.Financials
Is VM Projects profitable?
In financial year 2025, VM Projects made a profit of €6,818.
Where can I find the annual accounts of VM Projects?
VM Projects filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VM Projects due?
VM Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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