VM Projects
ActiveSummary
VM Projects has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,526 and a net result of €6,818. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 9,327 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
General construction of residential buildings
NACE 41001
1 site
Size
≈ €180,000turnover 2025, estimated
- Equity
- €27,526
- Profit
- €6,818
Turnover estimated from the gross margin
Structure
- MARINUS Marc Josef JosephinaDirector
- NGUYEN Thi Yen VanDirector
2025 accounts filed 24 days late2 of 6 deeds summarised
Why 68raises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 0.29, cash €8,082Size: total assets €149,013lowers riskFounded in 2011Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Average
Solvency
43+5
equity 18.5% of total assets
Liquidity
38-4
short-term debt 40.1% · cash 5.4%
Profitability
70+16
return on assets 4.6%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%
12-2024: 2.1%● unchanged vs 11-2024
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.1%● unchanged vs 02-2025
04-2025: 2.3%▲ +0.2 percentage points vs 03-2025
05-2025: 2.5%▲ +0.2 percentage points vs 04-2025
06-2025: 2.4%▼ -0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025
08-2025: 3.7%▲ +1.0 percentage point vs 07-2025highest value
09-2025: 1.4%▼ -2.3 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.6%▲ +0.2 percentage points vs 03-2026
05-2026: 1.8%▲ +0.2 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 0.8%▼ -1.0 percentage point vs 06-2026lowest value
08-2026: 1.3%▲ +0.5 percentage points vs 07-2026
09-2026: 0.8%▼ -0.5 percentage points vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.29, compared with 0.29 in 2024, below 1; short-term debt: 40.1% and cash: 5.4% of total assets), and 81.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 25% on solvency, 34% on liquidity, 41% on profitability and 72% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9327 sector peers (2025).
NBB · sector comparisonPosition among 9327 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €27,526
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
21 days late
2023
5 days early
2022
32 days early
2021
123 days early
2020
31 days late
2019
119 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €2,683
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415980.
Turnover
≈ €180,000
Estimated: probably between €100,000 and €330,000
Total assets
€149,013▼ 7.1%
2024 · €160,419
Net result
€6,818▲ 154%
2024 · €2,683
Working capital
-€42,264▲ 9.4%
2024 · -€46,643
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€10,857
2025
Net result€6,818
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€149,013
2025
Equity€27,526
2025
Debt€121,487
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€42,264
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency18.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.29
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€14,539--€24,173€1,883€36,207▲ 19×€11,579▼ 68.0%-€7,226€7,917€10,857▲ 37.1%
Net result€9,054--€29,610-€2,928below the sector's middle half▲ 90.1%€31,734above the sector's middle half€5,969within the sector's middle half▼ 81.2%-€12,947below the sector's middle half€2,683within the sector's middle half€6,818within the sector's middle half▲ 154%
Equity€25,844--€3,765-€6,694below the sector's middle half▼ 77.8%€25,040within the sector's middle half€31,009within the sector's middle half▲ 23.8%€18,025within the sector's middle half▼ 41.9%€20,708within the sector's middle half▲ 14.9%€27,526within the sector's middle half▲ 32.9%
Total assets€237,551-€175,032▼ 26.3%€163,048within the sector's middle half▼ 6.8%€174,050within the sector's middle half▲ 6.7%€183,917within the sector's middle half▲ 5.7%€181,106within the sector's middle half▼ 1.5%€160,419within the sector's middle half▼ 11.4%€149,013within the sector's middle half▼ 7.1%
Debt€211,707-€178,798▼ 15.5%€169,742▼ 5.1%€149,009▼ 12.2%€152,908▲ 2.6%€163,081▲ 6.7%€139,711▼ 14.3%€121,487▼ 13.0%
Working capital-€18,481--€50,207▼ 172%-€58,558below the sector's middle half▼ 16.6%-€35,149below the sector's middle half▲ 40.0%-€38,965below the sector's middle half▼ 10.9%-€55,297below the sector's middle half▼ 41.9%-€46,643below the sector's middle half▲ 15.7%-€42,264below the sector's middle half▲ 9.4%
Solvency10.9%--2.2%▼ 13.0pp-4.1%below the sector's middle half▼ 2.0pp14.4%below the sector's middle half▲ 18.5pp16.9%below the sector's middle half▲ 2.5pp10.0%below the sector's middle half▼ 6.9pp12.9%below the sector's middle half▲ 3.0pp18.5%below the sector's middle half▲ 5.6pp
Current ratio0.81-0.34▼ 0.470.18below the sector's middle half▼ 0.160.42below the sector's middle half▲ 0.240.47below the sector's middle half▲ 0.050.41below the sector's middle half▼ 0.060.29below the sector's middle half▼ 0.120.29below the sector's middle half=
Return on assets (ROA)3.8%--16.9%▼ 20.7pp-1.8%below the sector's middle half▲ 15.1pp18.2%above the sector's middle half▲ 20.0pp3.2%within the sector's middle half▼ 15.0pp-7.1%below the sector's middle half▼ 10.4pp1.7%within the sector's middle half▲ 8.8pp4.6%within the sector's middle half▲ 2.9pp
above
within
below
the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149,013
Fixed assets
€131,531 ▼ 7.1%
Current assets
€17,482 ▼ 7.3%
Equity and liabilities €149,013
Equity
€27,526 ▲ 32.9%
Debt
€121,487 ▼ 13.0%
Debt's share of the balance-sheet total falls from 87.1% to 81.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21,884▲
2024 · €20,016
Cash flow
€17,845▲
2024 · €14,783
Debt to equity
4.41▼
2024 · 6.75
ROE
24.8%▲
2024 · 13.0%
Interest coverage
5.42▲
2024 · 3.97
Debt ≤ 1 year
€59,746▼
2024 · €65,502
Debt > 1 year
€46,686▼
2024 · €57,658
Income taxes
€181▼
2024 · €199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96.9% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.7%
stopped otherwise
96.9%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,653 | €1,500 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,347 | €9,137 | €6,756 | €7,507 | €9,247 | €10,190 | €12,099 | €11,027 | ▼ 8.9% |
| Other operating charges640/8 | - | - | - | - | €2,849 | €3,015 | €1,257 | €4,369 | ▲ 247% |
| Gross operating margin9900 | €43,192 | -€11,554 | €15,817 | €47,504 | €23,675 | €5,980 | €21,274 | €26,252 | ▲ 23.4% |
| Operating profit (loss)9901 | €14,539 | -€24,173 | €1,883 | €36,207 | €11,579 | -€7,226 | €7,917 | €10,857 | ▲ 37.1% |
| Financial income75/76B | - | - | - | - | €49 | €46 | €3 | €178 | ▲ 66× |
| Recurring financial income75 | €624 | €6 | €43 | €16 | €49 | €46 | €3 | €178 | ▲ 66× |
| Financial charges65/66B | - | - | - | - | €4,514 | €5,543 | €5,038 | €4,035 | ▼ 19.9% |
| Recurring financial charges65 | €5,836 | €5,107 | €4,599 | €4,217 | €4,514 | €5,543 | €5,038 | €4,035 | ▼ 19.9% |
| Profit (loss) for the period before taxes9903 | €9,327 | -€29,274 | -€2,673 | €32,007 | €7,114 | -€12,722 | €2,882 | €6,999 | ▲ 143% |
| Income taxes67/77 | €274 | €336 | €255 | €273 | €1,145 | €225 | €199 | €181 | ▼ 8.9% |
| Profit (loss) for the period9904 | €9,054 | -€29,610 | -€2,928 | €31,734 | €5,969 | -€12,947 | €2,683 | €6,818 | ▲ 154% |
| Profit (loss) for the period to be appropriated9905 | €9,054 | -€29,610 | -€2,928 | €31,734 | €5,969 | -€12,947 | €2,683 | €6,818 | ▲ 154% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €237,551 | €175,032 | €163,048 | €174,050 | €183,917 | €181,106 | €160,419 | €149,013 | ▼ 7.1% |
| Fixed assets21/28 | €156,182 | €149,172 | €149,916 | €148,702 | €149,779 | €142,441 | €141,560 | €131,531 | ▼ 7.1% |
| Tangible fixed assets22/27 | €156,182 | €149,172 | €149,916 | €148,702 | €149,779 | €142,441 | €141,560 | €131,531 | ▼ 7.1% |
| Land and buildings22 | - | - | - | - | €133,125 | €128,875 | €124,625 | €120,375 | ▼ 3.4% |
| Plant, machinery and equipment23 | - | - | - | - | €5,948 | €4,393 | €3,662 | €1,907 | ▼ 47.9% |
| Furniture and vehicles24 | - | - | - | - | €10,707 | €9,173 | €13,274 | €9,249 | ▼ 30.3% |
| Current assets29/58 | €81,369 | €25,860 | €13,132 | €25,348 | €34,137 | €38,665 | €18,859 | €17,482 | ▼ 7.3% |
| Stocks and contracts in progress3 | €29,738 | €16,041 | - | €10,322 | €10,903 | €6,940 | €0 | - | - |
| Stocks30/36 | - | - | - | - | €10,903 | €6,940 | €0 | - | - |
| Amounts receivable within one year40/41 | €48,397 | €9,671 | €9,105 | €12,247 | €4,000 | €22,392 | €4,230 | €4,678 | ▲ 10.6% |
| Trade receivables40 | - | - | - | - | €1,500 | €20,522 | €4,230 | €3,712 | ▼ 12.2% |
| Other amounts receivable41 | - | - | - | - | €2,500 | €1,869 | €0 | €966 | - |
| Cash at bank and in hand54/58 | €3,234 | €147 | €4,027 | €2,307 | €1,393 | €6,099 | €14,629 | €8,082 | ▼ 44.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €17,841 | €3,234 | €0 | €4,722 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €237,551 | €175,032 | €163,048 | €174,050 | €183,917 | €181,106 | €160,419 | €149,013 | ▼ 7.1% |
| Equity10/15 | €25,844 | -€3,765 | -€6,694 | €25,040 | €31,009 | €18,025 | €20,708 | €27,526 | ▲ 32.9% |
| Contributions10/11 | €18,600 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €0 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €0 | - | - | - |
| Profit (loss) carried forward14 | €5,384 | -€24,225 | -€27,154 | €4,580 | €10,549 | -€575 | €2,108 | €8,926 | ▲ 323% |
| Amounts payable17/49 | €211,707 | €178,798 | €169,742 | €149,009 | €152,908 | €163,081 | €139,711 | €121,487 | ▼ 13.0% |
| Amounts payable after more than one year17 | €111,857 | €102,731 | €98,052 | €88,454 | €78,530 | €68,269 | €57,658 | €46,686 | ▼ 19.0% |
| Financial debts170/4 | - | - | - | - | €78,530 | €68,269 | €57,658 | €46,686 | ▼ 19.0% |
| Amounts payable within one year42/48 | €99,850 | €76,067 | €71,690 | €60,496 | €73,102 | €93,962 | €65,502 | €59,746 | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €9,924 | €10,262 | €10,611 | €10,972 | ▲ 3.4% |
| Financial debts43 | - | - | - | - | €13,233 | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | - | €13,233 | €0 | - | - | - |
| Trade debts44 | €27,278 | €7,241 | €4,173 | €5,343 | €7,891 | €24,489 | €1,442 | €1,549 | ▲ 7.4% |
| Suppliers440/4 | - | - | - | - | €7,891 | €24,489 | €1,442 | €1,549 | ▲ 7.4% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,944 | €1,619 | €819 | €180 | ▼ 78.0% |
| Taxes450/3 | - | - | - | - | €2,444 | €1,619 | €819 | €180 | ▼ 78.0% |
| Remuneration and social security454/9 | - | - | - | - | €1,500 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €38,111 | €57,592 | €52,630 | €47,045 | ▼ 10.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,275 | €850 | €16,551 | €15,054 | ▼ 9.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,054 | -€29,610 | -€2,928 | €31,734 | €5,969 | -€12,947 | €2,683 | €6,818 | ▲ 154% |
| + Depreciation and write-downs630 | €13,347 | €9,137 | €6,756 | €7,507 | €9,247 | €10,190 | €12,099 | €11,027 | ▼ 8.9% |
| Operating cash flow (approximation) | €22,401 | -€20,473 | €3,828 | €39,241 | €15,215 | -€2,757 | €14,783 | €17,845 | ▲ 20.7% |
| Investment in fixed assets (approximation) | - | -€2,127 | -€7,500 | -€6,293 | -€10,324 | -€2,852 | -€11,219 | -€997 | ▲ 91.1% |
| Change in cash | - | -€3,086 | €3,880 | -€1,720 | -€914 | €4,705 | €8,530 | -€6,546 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00415980 |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00388093 |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00286147 |
| 31-12-2022 | micro format | 29-06-2023 | 2023-00171212 |
| 31-12-2021 | micro format | 30-03-2022 | 2022-09000396 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-57900343 |
| 31-12-2019 | micro format | 27-11-2020 | 2020-72200120 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49100054 |
| 31-12-2017 | micro format | 06-08-2018 | 2018-43100322 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-47000381 |
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Of the 29,226 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,354. 12,553 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 · 1 entry · €345 awarded · €345 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2023
MARINUS Marc Josef Josephina
CurrentDirector (not named in the articles) · since 24-11-2023
NGUYEN Thi Yen Van
CurrentDirector (not named in the articles) · since 24-11-2023
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MARINUS Marc Josef Josephina |
|
| NGUYEN Thi Yen Van |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 24-11-2023 ↗
- MARINUS Marc Josef Josephina 59 shares
- NGUYEN Thi Yen Van 1 share
- TRAN Nhat Phi 10 shares
- TRAN Thi My Le 10 shares
- MARINUS Anthony Nhat Minh 10 shares
- TRAN Thi Yen Nhi 10 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 24-11-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
financial year 2025 · micro format · 24 days late
2025
21-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 21 days late
2024
31-12
Financial
Back to profitnet €2,683
Net result €2,683 after one loss-making year.
26-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
12-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
Gazette deed
Registered office
Registered-office move2 facts ▸
- Board meeting, 19-03-2024
- Registered-office move, 2160 Wommelgem,Deniesstraat 4C
2023
24-11
Gazette deed
Resignations: MARINUS Marc Josef Josephina (director) and NGUYEN Thi Yen Van (director)Appointments: MARINUS Marc Josef Josephina (director) and NGUYEN Thi Yen Van (director) · Amendment of the articles · Capital conversion24 facts ▸
Gazette deed
Resignations: MARINUS Marc Josef Josephina (director) and NGUYEN Thi Yen Van (director)
Appointments: MARINUS Marc Josef Josephina (director) and NGUYEN Thi Yen Van (director) · Amendment of the articles · Capital conversion24 facts ▸
- Amendment of the articles (3 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, artikel 39,§2,derde lid,wet van 23-03-2019” (deed in Dutch)
- Other provision, “binnen grenzen van Wetboek van vennootschappen en verenigingen, invoering interimdividend” (deed in Dutch)
- Other provision, “invoering schriftelijke en elektronische algemene vergadering, Vijfde besluit” (deed in Dutch)
- Other provision, “bestuurder” (deed in Dutch)
- Director resignation, MARINUS Marc Josef Josephina (director (not named in the articles))
- Director resignation, NGUYEN Thi Yen Van (director (not named in the articles))
- Director discharge, MARINUS Marc Josef Josephina
- Director discharge, NGUYEN Thi Yen Van
- Director appointment, MARINUS Marc Josef Josephina (director (not named in the articles))
- Director appointment, NGUYEN Thi Yen Van (director (not named in the articles))
- +12 further facts in this act
29-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
30-03
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Back to profitnet €31,734
Net result €31,734 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
27-11
NBB filing
Annual accounts filed
financial year 2019 · micro format · 119 days late
2019
31-12
Financial
Weakest financial yearnet -€29,610
Net result drops to -€29,610, the lowest in the series; recovery starts the following year.
Show earlier events
23-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 23 days late
2018
06-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 6 days late
2017
25-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded31-01-2011
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43120Site preparation
43240Other construction installation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0833346004
Also
9925:BE0833346004
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0833.346.004
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Wommelgem · 1 establishment unit since 2011
Ground area
1,974 m²
Building footprint
199 m²
Building volume
194 m³
2 parcels, Flanders · tallest building 11.4 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VM PROJECTS
since 2011unit no. 2.196.996.352
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11052A0044/00N002 | Flanders | 1,423 m² | 1 · 199 m² | 11.4 m |
| 11052A0045/00R004 | Flanders | 551 m² | - | - |
How the parcels are linked
Good to know
Both parcels match the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VM PROJECTS, TITEL I:RECHTSVORM–NAAM–ZETEL–VOORWERP–DUUR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, Artikel 2.Zetel van de vennootschap” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheid en vertegenwoordiging 14.1. Iedere bestuurder heeft de meest uitgebreide bevoegdheid om alle handelingen te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan gevormd door één of meer bestuurders al dan niet college vormend, natuurlijke of rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voorafgaande bijzondere en geschreven toestemming, bij gebrek overeenkomst of statutaire bepaling stelt voorzitter ondernemingsbank zetelend…” (deed in Dutch)2 more provisions on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van het aantal aandelen dat zij bezitten, eerst aangeboden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering, volgens regels statutenwijziging” (deed in Dutch)“Ten minste helft totaal uitgegeven aandelen aanwezig of vertegenwoordigd” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheid macht en bezoldiging vaststellen, algemene vergadering aandeelhouders benoemt vereffenaars” (deed in Dutch)