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VMP DEVELOPMENT

Active
Private limited companyfounded 2024active for 2 yearsKoutermanstraat(Z) 29A, 8550 Zwevegem, BelgiumKBO/BCE: BE 1005.221.787
Summary

VMP DEVELOPMENT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€394) and a net result of -€5,604. Its solvency ranks better than 20% of 16,933 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403264.

Equity
-€394
2024 · €5,210
Total assets
€278,364▲ 1,263%
2024 · €20,423
Net result
-€5,604▼ 17.0%
2024 · -€4,790
Working capital
-€208,832
2024 · €5,210
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €3,837 in 2025 against €4,368 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,837 2025 Net result-€5,604 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: 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
Line20242025
Operating result-€4,368--€3,837▲ 12.1%
Net result-€4,790within the sector's middle half--€5,604within the sector's middle half▼ 17.0%
Equity€5,210below the sector's middle half--€394below the sector's middle half
Total assets€20,423below the sector's middle half-€278,364within the sector's middle half▲ 1,263%
Debt€15,213-€278,758▲ 1,732%
Working capital€5,210within the sector's middle half--€208,832below the sector's middle half
Solvency25.5%within the sector's middle half--0.1%below the sector's middle half▼ 25.7pp
Current ratio1.34within the sector's middle half-0.25below the sector's middle half▼ 1.09
Return on assets (ROA)-23.5%below the sector's middle half--2.0%within the sector's middle half▲ 21.4pp
above within below the middle half of NACE 68, Real estate activities: 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.
Balance-sheet composition
Assets €278,364
Fixed assets €208,438
Current assets €69,925
Equity and liabilities
Equity-€394
Debt€278,758
Equity is negative: debt (€278,758) exceeds the balance-sheet total (€278,364).
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.06▼
2024 · 0.34
Debt ≤ 1 year
€278,758▲
2024 · €15,213
Equity ratios withheld: equity of -€394 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€20,423€278,364▲
Fixed assets21/28-€208,438
Financial fixed assets28-€208,438
Current assets29/58€20,423€69,925▲
Stocks and contracts in progress3€15,180€53,929▲
Stocks30/36€15,180€53,929▲
Amounts receivable within one year40/41€3,851€2,493▼
Other amounts receivable41€3,851€2,493▼
Cash at bank and in hand54/58€1,392€13,503▲
Equity and liabilities
Total equity and liabilities10/49€20,423€278,364▲
Equity10/15€5,210-€394▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€4,790-€10,394▼
Amounts payable17/49€15,213€278,758▲
Amounts payable within one year42/48€15,213€278,758▲
Trade debts44-€27,104
Suppliers440/4-€27,104
Other amounts payable47/48€15,213€251,654▲
Income statement Code20242025
Other operating charges640/8€387€528▲
Gross operating margin9900-€3,981-€3,310▲
Operating profit (loss)9901-€4,368-€3,837▲
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€425€1,767▲
Recurring financial charges65€425€1,767▲
Profit (loss) for the period before taxes9903-€4,790-€5,604▼
Profit (loss) for the period9904-€4,790-€5,604▼
Profit (loss) for the period to be appropriated9905-€4,790-€5,604▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,790-€10,394▼
Profit (loss) brought forward from the previous period14P--€4,790

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€387€528▲ 36.2%
Gross operating margin9900-€3,981-€3,310▲ 16.9%
Operating profit (loss)9901-€4,368-€3,837▲ 12.1%
Financial income75/76B€3€0▼ 100%
Recurring financial income75€3€0▼ 100%
Financial charges65/66B€425€1,767▲ 316%
Recurring financial charges65€425€1,767▲ 316%
Profit (loss) for the period before taxes9903-€4,790-€5,604▼ 17.0%
Profit (loss) for the period9904-€4,790-€5,604▼ 17.0%
Profit (loss) for the period to be appropriated9905-€4,790-€5,604▼ 17.0%
Line20242025Change
Assets
Total assets20/58€20,423€278,364▲ 1,263%
Fixed assets21/28-€208,438-
Financial fixed assets28-€208,438-
Current assets29/58€20,423€69,925▲ 242%
Stocks and contracts in progress3€15,180€53,929▲ 255%
Stocks30/36€15,180€53,929▲ 255%
Amounts receivable within one year40/41€3,851€2,493▼ 35.2%
Other amounts receivable41€3,851€2,493▼ 35.2%
Cash at bank and in hand54/58€1,392€13,503▲ 870%
Equity and liabilities
Total equity and liabilities10/49€20,423€278,364▲ 1,263%
Equity10/15€5,210-€394-
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€4,790-€10,394▼ 117%
Amounts payable17/49€15,213€278,758▲ 1,732%
Amounts payable within one year42/48€15,213€278,758▲ 1,732%
Trade debts44-€27,104-
Suppliers440/4-€27,104-
Other amounts payable47/48€15,213€251,654▲ 1,554%
Line20242025Change
Profit (loss) for the period9904-€4,790-€5,604▼ 17.0%
Operating cash flow (approximation)-€4,790-€5,604▼ 17.0%
Change in cash-€12,111-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 17-08-2026 2026-00403264
31-12-2024 micro format 29-08-2025 2025-00436162

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 9,540 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,338. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.