VM STABLES
VM STABLES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €333k and a net result of €-20k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 1407 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €333k |
| Net result | €-20k |
| Better than sector | 36% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.6% | 37.4% | |
| Net result | €-20k | €46k | |
| Equity | €333k | €362k | |
| Gross operating margin | €-3k | €65k | |
| Employees (FTE) | 0.0 | 0.0 |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-20k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.36M |
| Equity | €333k |
| Debt | €1.02M |
| of which ≤ 1y | €297k |
| of which > 1y | €719k |
| Working capital | n/a |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 24.6% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -1.5% |
| ROE | -6.1% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.36M |
| Fixed assets | 21/28 | €1.35M |
| Financial fixed assets | 28 | €1.35M |
| Current assets | 29/58 | €6k |
| Amounts receivable within one year | 40/41 | €164 |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.36M |
| Equity | 10/15 | €333k |
| Contributions / capital | 10/11 | €400k |
| Accumulated profits (losses) | 14 | €-67k |
| Amounts payable | 17/49 | €1.02M |
| Amounts payable after one year | 17 | €719k |
| Amounts payable within one year | 42/48 | €297k |
| Trade debts payable within one year | 44 | €413 |
| Income statement | ||
| Gross operating margin | 9900 | €-3k |
| Operating result | 9901 | €-4k |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €-20k |
| Net result for the period | 9904 | €-20k |
| Result to be appropriated | 9905 | €-20k |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 03-11-2021 |
| Status | Active |
| Postal code | 8904 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B1141/00H000 | Flanders | 2.3 ha | 1 · 583 m² | 7.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-05-2022 Capital increase of €110,000 to €400,000
- €290.000 → €400.000
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 400000.0,
"delta_eur": 110000.0,
"before_eur": 290000.0,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Marijn VAN HAELEMEERSCH",
"share_class": null,
"liberation_pct": null,
"contribution_kind": "schuldvordering",
"n_shares_subscribed": null,
"contribution_amount_eur": 110000.0
},
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Melanie VAN DAELE",
"share_class": null,
"liberation_pct": null,
"contribution_kind": "schuldvordering",
"n_shares_subscribed": null,
"contribution_amount_eur": 110000.0
}
],
"_arith_derived": "before",
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": 110,
"with_new_shares": true,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "inschrijvingsrechten_uitgifte",
"paid_up_delta_eur": 110000.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Frederik VANDEN DRIESSCHE",
"firm_city": null,
"firm_name": "NOTARIAAT NOBELS-VANDEN DRIESSCHE",
"office_city": "De Haan",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2022-05-06",
"filing_date": "2022-05-04",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-04-28",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "POUSEELE CARON BEDRIJFSREVISOREN",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "Bruno POUSEELE"
},
"subject_company": {
"kbo": "0776.781.443",
"name_full": "VM STABLES",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "BV POUSEELE CARON BEDRIJFSREVISOREN",
"person_name": null,
"org_rep_person_name": "Bruno POUSEELE",
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition van het proces-verbaal dd. 28/04/2022",
"verslag van de bedrijfsrevisor, BV Pouseele Caron Bedrijfsrevisoren, vertegenwoordigd door de heer Bruno Pouseele, bedrijfsrevisor, dd. 22 april 2022",
"het verslag van het bestuursorgaan dd. 3 februari 2022",
"het bijzonder verslag van het bestuursorgaan dd. 22 april 2022",
"de geco\u00F6rdineerde statuten met historiek"
],
"shareholders_after": [],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VM STABLES |