VM Technieken
ActiveSummary
The computed 12-month bankruptcy probability of VM Technieken is 1.7% (moderate). The 2025 annual accounts show equity of €291k and a net result of €105k. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 76% of 27786 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency96▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.9 against 3.49 in 2024; short-term debt: 23.8% and cash: 59.2% of total assets), and 29% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71%
Return on assets
25.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-03-2026, 39 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 · 6 filingsDeviation from the deadline
2025
39 d late
2024
2 d early
2023
2 d late
2022
8 d early
2021
6 d early
2020
1 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€291k▲ 50.4%
2024 · €193k
2020: €56k
2021: €58k
2022: €97k
2023: €157k
2024: €193k
2020 → 2025
Total assets
€410k▲ 34.5%
2024 · €305k
2020: €128k
2021: €96k
2022: €240k
2023: €289k
2024: €305k
2020 → 2025
Net result
€105k▲ 188%
2024 · €36k
2020: €50k
2021: €8k
2022: €43k
2023: €97k
2024: €36k
2020 → 2025
Working capital
€282k▲ 49.2%
2024 · €189k
2020: €56k
2021: €55k
2022: €90k
2023: €158k
2024: €189k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€97k▲ 68.3%€157k▲ 61.3%€193k▲ 23.2%€291k▲ 50.4%
Operating result€19k-€66k▲ 236%€122k▲ 86.7%€100k▼ 18.6%€155k▲ 55.1%
Net result€8k-€43k▲ 426%€97k▲ 128%€36k▼ 62.4%€105k▲ 188%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €410k
Fixed assets
€30k ▼ 23.5%
Current assets
€379k ▲ 43.1%
Equity and liabilities €410k
Equity
€291k ▲ 50.4%
Debt
€119k ▲ 6.7%
Debt's share of the balance-sheet total falls from 36.5% to 29.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€167k▲
2024 · €109k
Cash flow
€117k▲
2024 · €46k
Current ratio
3.90▲
2024 · 3.49
Debt to equity
0.41▼
2024 · 0.57
ROE
36.0%▲
2024 · 18.8%
ROA
25.6%▲
2024 · 11.9%
Interest coverage
67.26▲
2024 · 52.27
Debt ≤ 1 year
€97k▲
2024 · €76k
Debt > 1 year
€21k▼
2024 · €35k
Income taxes
€48k▼
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€305k€410k▲
Fixed assets21/28€39k€30k▼
Tangible fixed assets22/27€39k€30k▼
Plant, machinery and equipment23€28k€20k▼
Furniture and vehicles24€11k€10k▼
Current assets29/58€265k€379k▲
Stocks and contracts in progress3€4k€0▼
Stocks30/36€4k€0▼
Amounts receivable within one year40/41€95k€137k▲
Trade receivables40€57k€93k▲
Other amounts receivable41€38k€43k▲
Cash at bank and in hand54/58€166k€242k▲
Deferred charges and accrued income490/1-€445
Equity and liabilities
Total equity and liabilities10/49€305k€410k▲
Equity10/15€193k€291k▲
Contributions10/11€6k€6k=
Reserves13€132k€237k▲
Distributable reserves133€132k€237k▲
Profit (loss) carried forward14€55k€48k▼
Amounts payable17/49€111k€119k▲
Amounts payable after more than one year17€35k€21k▼
Financial debts170/4€35k€21k▼
Amounts payable within one year42/48€76k€97k▲
Current portion of amounts payable after more than one year42€14k€16k▲
Trade debts44€31k€34k▲
Suppliers440/4€31k€34k▲
Advances received on contracts in progress46-€20k
Taxes, remuneration and social security45€32k€22k▼
Taxes450/3€32k€3k▼
Remuneration and social security454/9-€19k
Other amounts payable47/48€0€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€118k€170k▲
Operating profit (loss)9901€100k€155k▲
Financial income75/76B€27€15▼
Recurring financial income75€27€15▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€98k€152k▲
Income taxes67/77€61k€48k▼
Profit (loss) for the period9904€36k€105k▲
Profit (loss) for the period to be appropriated9905€36k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€160k▲
Profit (loss) brought forward from the previous period14P€53k€55k▲
Transfer to equity691/2€34k€105k▲
To other reserves6921€34k€105k▲
Profit to be distributed694/7€0€7k▲
Return on contributions (dividend)694€0€7k▲
Directors or managers695€0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 39 days late
2025
30-06
Financial
Highest result since 2020net €105k ▲188%
Operating result €155k, net result €105k, both a record.
30-06
Financial
Equity above €200kEq €291k ▲50.4%
6 profitable years in a row build equity to €291k.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
30-06
Financial
Equity above €150kEq €157k ▲61.3%
4 profitable years in a row build equity to €157k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €8k ▼83.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lokeren · 1 establishment unit since 2018
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.
Doorslaardam 42B/0009160 LokerenGround area
2,484 m²
Building footprint
231 m²
Volume, LiDAR
1,299 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VM Technieken
since 20182.281.686.062
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007D1636/00D000 | Flanders | 1,522 m² | 1 · 135 m² | 8.7 m · 2 fl. |
| 44044B0005/00A000 | Flanders | 962 m² | 1 · 96 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
JANSSENS DIRK
BE 0823.682.131
Pepingen · Eq €290,647
INTELLITECHNICS
BE 0716.662.724
Bree · Eq €290,569
A-Connect
BE 0752.836.992
Antwerpen · Eq €290,480
ELEKTRICITEITSWERKEN POLFLIET
BE 0464.542.502
Willebroek · Eq €291,362
Elektriciteitswerken BDM
BE 0766.408.084
Ninove · Eq €291,499
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,643 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-10-2018
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.