Investments
€55,244 5.9 × depreciation
Green is investment, beige is depreciation.
VMC
Lifetime
8 annual accounts with figures on one time axispeak €123,329 (2017)
€83,948▲ 89.5%
lowest -€29,782 (2021)
€13,511▲ 96.2%
peak €73,971 (2019)
€57,962▲ 30.4%
€134,060▲ 34.7%
peak 0.8 FTE (2017)
-not published
Board2 names since 2021
2 directorsBERTHE Marie-Cécile and 1 other
Documentsfilings and deeds
12-12-2025134 days late
2024micro format
Gross margin from €44,296 to €83,948Result from €6,885 to €13,511Equity from €44,451 to €57,962Debts from €99,545 to €134,060Investments €55,244
Key points
from the 2024 annual accountsChecked score
55
Fair
Financially stronger than 39% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.8%▲ +0.3 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.9%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%▼ -0.1 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.6%▲ +0.8 percentage points vs 07-2025highest value
09-2025: 1.6%● unchanged vs 08-2025highest value
10-2025: 1.6%● unchanged vs 09-2025highest value
11-2025: 1.6%● unchanged vs 10-2025highest value
12-2025: 1.6%● unchanged vs 11-2025highest value
01-2026: 0.6%▼ -1.0 percentage point vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▼ -0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 1.3%▲ +0.3 percentage points vs 09-2026
11-2026: 1.2%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 134 days late; 2 of the last 3 accounts late
Figures for financial year 2024 (filed on 12-12-2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €192,023
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 31% of them on solvency, 11% on liquidity, 43% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as VMC has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of VMC itself is higher: 1.2% within 12 months. It rests on far more data about VMC than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 34,693 companies, not a prediction for VMC. 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
Credit of up to €3,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.01 (1.34 in 2023), below the usual 1.5. Short-term debt is 69.8% and cash 11% of total assets. 69.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €57,962
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 8 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 134 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-12-2025, 134 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
134 days late
2023
499 days late
2022
1 day early
2021
105 days late
2020
30 days late
2019
151 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 153 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0661904343
Changes of role: BERTHE Marie-Cécile (director) and SPRUYT Vanessa (director)
Director discharge: BERTHE Marie-Cécile · Director discharge: SPRUYT Vanessa · Gazette deed
Registered office moved to Waterloo
New registered office: rue emile dury 138 à 1410 waterloo · Previous registered office: clos du verger 7 à 1380 · General meeting of 04-11-2019 · Gazette deed
Incorporation
published on 05-09-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VMC Waterloo | €192,023 | €83,948 | 30.2% | - |
| LOTS CONSULTING Waterloo | €183,558 | €79,511 | 51.5% | - |
| UPSKILL PARTNER Braine-l'Alleud | €197,446 | €82,479 | 28.2% | - |
| HR SELECTION Genappe | €202,092 | €78,244 | 84.6% | - |
| MATEM-IS Braine-l'Alleud | €178,389 | €85,386 | 35.9% | - |
| R.A.W. Consulting Beauvechain | €194,601 | €80,185 | 93.5% | - |
| Singularis Consulting & Coaching Jodoigne | €191,060 | €84,586 | 56.0% | - |
These companies have the same main activity as VMC: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €178,000 and €202,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 01-09-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.257.752.4021410 Waterloo, since 01-09-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 13-01-2026
Annual accounts 2024
- ≈ €170,000estimated
- €192,023▲ 33.4%
- Employeeson 31-12-2024
- 1=
- Filing
- Filed on 12-12-2025
Insights on VMC
VMC files the micro format. That format states no turnover. The gross margin fell from €123,329 in 2017 to €83,948 in 2024.
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 VMC
- What is the company number of VMC?
- The company number of VMC is 0661.904.343. The VAT number is the same number with BE in front: BE 0661.904.343.
- Where is VMC based?
- The registered office is at Rue Dury (Emile) 138, 1410 Waterloo.Company details
- What does VMC do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VMC?
- VMC is a private limited company (BV).
- When was VMC founded?
- VMC was founded on 01-09-2016.
- Is VMC still active?
- Yes, VMC is an active enterprise in the KBO register.
- How many employees does VMC have?
- VMC had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does VMC fall under?
- In its 2024 annual accounts, VMC states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of VMC?
- The turnover in financial year 2024 is ≈ €170,000. This figure is estimated from the gross margin of €83,948 and 120 comparable companies (NACE 70200). It probably lies between €130,000 and €220,000. In financial year 2019 turnover was €197,200.
- Is VMC profitable?
- In financial year 2024, VMC made a profit of €13,511.
- Where can I find the annual accounts of VMC?
- VMC filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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