VMP DEVELOPMENT
ActiveSummary
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 17,046 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- -€394
- Loss
- -€5,604
- Largest shareholder
- EVM Promotion · 25%
- COBELDirector · permanent representative PIETTE Louis
- EVM PromotionDirector · permanent representative VANDERMARLIERE Emile Frederic Christian Stefaan
Why 53raises riskCapped at 59: negative equityFounded in 2024Negative equity -€394lowers riskSector: Real estate activities (NACE 68)Size: total assets €278,364Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 19% on solvency, 8% on liquidity, 28% on profitability and 5% on growth.
The bankruptcy probability was computed on 26-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 23 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: COBEL (director) and EVM…
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.
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
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).
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20,423 | €278,364 | ▲ 14× |
| 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 | ▲ 14× |
| 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 | ▲ 18× |
| Amounts payable within one year42/48 | €15,213 | €278,758 | ▲ 18× |
| Trade debts44 | - | €27,104 | - |
| Suppliers440/4 | - | €27,104 | - |
| Other amounts payable47/48 | €15,213 | €251,654 | ▲ 17× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| 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.
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
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 2
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| COBEL |
|
| EVM Promotion |
|
Owners and capital
Owners
2 ownersOwners 2
-
25%
-
25%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
30-01
Gazette deed
IncorporationAppointments: COBEL (director) and EVM PROMOTION (director) · Permanent representatives: PIETTE Louis and VANDERMARLIERE Emile Frederic Christian Stefaan · Founder19 facts ▸
- Incorporation, “VMP DEVELOPMENT” (deed in Dutch)
- Founder, COBEL (oprichter comparant)
- Founder, HOME CONCEPT (oprichter comparant)
- Founder, EVM PROMOTION (oprichter comparant)
- Other provision, “vertegenwoordiging bij oprichtingsakte, gedelegeerd bestuurder” (deed in Dutch)
- Other provision, “vertegenwoordiging bij oprichtingsakte, bestuurder” (deed in Dutch) (2 times)
- Founding capital, €10,000
- Bank account, 10000, “deponering geheel inbreng in speciën” (deed in Dutch)
- Declaration, “bevestiging deponering overeenkomstig artikel 5:9 WVV, oprichters verklaren en erkennen volstorting;notaris bevestigt deponering” (deed in Dutch)
- Capital
- Other provision, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Registered office clause, “8550 Zwevegem, Koutermanstraat 29A” (deed in Dutch)
- +7 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1005.221.787
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34042C0773/00A000 | Flanders | 8,773 m² | 1 · 320 m² | 7.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen; Alle verrichtingen,studies en operaties met…” (deed in Dutch)
12 activities (deed in Dutch)
- Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen
- Alle verrichtingen,studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de aanpassing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling,de handel in eigen onroerend goed met inbegrip van de activiteit als beroepskoper,de aankoop,de verkoop en de ontwikkeling van onroerende goederen,alle mogelijke operaties van onroerende aard,met inbegrip van huur,leasing,vruchtgebruik,erfpacht,opstal,verkoop,inbreng,projectontwikkeling,dit zowel in België als in het buitenland,evenals alle handel in verband met deze activiteiten
- Het nemen of toestaan van optierechten tot koop of verkoop van vastgoed
- De exploitatie,in eigen beheer of via beheer voor derden,in de ruimste zin van het woord,van onroerende goederen
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi-) publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen
- Een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen,door inbreng in speciën of in natura,fusie of splitsing,inschrijving,deelneming,financiële tussenkomst of op een andere wijze
- Zekerheden stellen tot waarborg van eigen verbintenissen en verbintenissen van derden,onder meer door goederen in hypotheek of in pand te geven,inclusief eigen handelszaak
- In het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten,zoals terbeschikkingstelling van roerende en onroerende goederen aan bestuurders als bezoldiging in natura
- Alle roerende en onroerende goederen als investering verwerven
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VMP DEVELOPMENT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Voor de benoeming en beëindiging van de opdracht van de vaste vertegenwoordiger gelden dezelfde regels van openbaarmaking alsof hij deze…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur bij gebrek aan bepaling duurtijd, één of meer bestuurders, natuurlijke personen of rechtspersonen, aandeelhouders of niet” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 11:30
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed