VM-TEC
ActiveVM-TEC has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €-28k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 94% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 10.02 against 15.34 in 2023; short-term debt: 8.4% and cash: 7.3% of total assets), and 8.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
91.6%
Return on assets
-19.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
77 d early
2021
41 d early
2020
87 d early
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▼ 17.3%
2023 · €159k
2018: €64k
2019: €72k
2020: €78k
2021: €172k
2022: €178k
2023: €159k
2018 → 2024
Total assets
€143k▼ 14.9%
2023 · €169k
2018: €182k
2019: €177k
2020: €128k
2021: €297k
2022: €304k
2023: €169k
2018 → 2024
Net result
€-28k▼ 47.0%
2023 · €-19k
2018: €7k
2019: €9k
2020: €6k
2021: €94k
2022: €5k
2023: €-19k
2018 → 2024
Working capital
€108k▼ 20.6%
2023 · €136k
2018: €-14k
2019: €-12k
2020: €-5k
2021: €189k
2022: €263k
2023: €136k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€78k-€172k▲ 121%€178k▲ 3.1%€159k▼ 10.5%€131k▼ 17.3%
Operating result€4k-€-30k€10k€-19k€-29k▼ 55.3%
Net result€6k-€94k▲ 1,547%€5k▼ 94.3%€-19k€-28k▼ 47.0%
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 €29k in 2024 against €19k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €143k
Fixed assets
€23k▲ 2.4%
Current assets
€120k▼ 17.6%
Equity and liabilities €143k
Equity
€131k▼ 17.3%
Debt
€12k▲ 26.1%
The debt ratio rises from 5.6% to 8.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-20k▼
2023 · €-11k
Cash flow
€-19k▼
2023 · €-12k
Solvency
91.6%▼
2023 · 94.4%
Current ratio
10.02▼
2023 · 15.34
Quick ratio
10.02▼
2023 · 15.34
Debt / equity
0.09▲
2023 · 0.06
ROE
-20.9%▼
2023 · -11.8%
ROA
-19.2%▼
2023 · -11.1%
Interest coverage
-62.76▼
2023 · -25.81
Debt
€12k▲
2023 · €10k
Debt ≤ 1 year
€12k▲
2023 · €10k
Income taxes
€161▲
2023 · €153
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€169k€143k▼
Fixed assets21/28€23k€23k▲
Tangible fixed assets22/27€23k€23k▲
Furniture and vehicles24€23k€23k▲
Other tangible fixed assets26€0-
Financial fixed assets28€96€96=
Current assets29/58€146k€120k▼
Amounts receivable within one year40/41€48k€65k▲
Trade receivables40€27k€37k▲
Other amounts receivable41€20k€29k▲
Cash at bank and in hand54/58€47k€10k▼
Deferred charges and accrued income490/1€51k€44k▼
Equity and liabilities
Total equity and liabilities10/49€169k€143k▼
Equity10/15€159k€131k▼
Contributions10/11€19k€19k=
Reserves13€159k€113k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€159k€113k▼
Profit (loss) carried forward14€-18k€0▲
Amounts payable17/49€10k€12k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€10k€12k▲
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€0€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€773€2k▲
Gross operating margin9900€-11k€-19k▼
Operating profit (loss)9901€-19k€-29k▼
Financial income75/76B€491€2k▲
Recurring financial income75€491€2k▲
Financial charges65/66B€445€325▼
Recurring financial charges65€445€325▼
Profit (loss) for the period before taxes9903€-19k€-27k▼
Income taxes67/77€153€161▲
Profit (loss) for the period9904€-19k€-28k▼
Profit (loss) for the period to be appropriated9905€-19k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-46k▼
Profit (loss) brought forward from the previous period14P€302€-18k▼
Transfer from equity791/2-€46k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 9current ratio 24.18
Current ratio from 2.81 to 24.18; short-term debt falls from €105k to €11k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €94k ▲1547%
Net result €94k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.81
Current ratio from 0.83 to 2.81.
31-12
Financial
Equity above €150kEq €172k ▲121%
4 profitable years in a row build equity to €172k.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 399 days late
03-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 764 days late
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oosterzele · 1 establishment unit since 2013
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.
Houte 589860 OosterzeleGround area
962 m²
Building footprint
221 m²
Volume, LiDAR
1,184 m³
Parcel 44007B1043/00D000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Houte 58, 9860 Oosterzele
since 20132.275.243.678
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44007B1043/00D000 | Flanders | 962 m² | 1 · 221 m² | 11.2 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.
Similar companies · same sector, comparable size
GEUKENS MATRIJZENBOUW
BE 0425.003.322
Balen · Eq €139k
M & E ENGINERING
BE 0473.991.983
Kasterlee · Eq €123k
SMEDERIJ DE BRUYN
BE 0635.749.876
Aalst · Eq €115k
GEOGRIND
BE 0841.701.266
La Louvière · Eq €155k
DE RAEVE
BE 0453.925.257
Houthalen-Helchteren · Eq €159k
Of 108 companies in sector 25639 we hold annual accounts for 81. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2013
Fiscal year end31-12
Activities, NACEBEL
25639Manufacture of fabricated metal products, except machinery and equipment
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.