VMR Technics
ActiveSummary
The computed 12-month bankruptcy probability of VMR Technics is 1.9% (moderate). The 2025 annual accounts show equity of €36,337 and a net result of -€4,560. Equity is growing by about 46% per year across the filed financial years. Its solvency ranks better than 72% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €36,337
- Loss
- -€4,560
Why 54raises riskLast filed accounts filed 31 days late; 3 of the last 3 lateFounded in 2023Size: total assets €53,978lowers riskLiquidity: current ratio 2.73, cash €7,493, halvedShow the evidence
Checked score
About 2 in 100 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 43, micro): better than 73% on solvency, 49% on liquidity, 11% on profitability and 23% on growth.
The bankruptcy probability was computed on 28-10-2026 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 3 accounts on average 51 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€4,560
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466847.
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €4,166 after €48,158 in 2024, the lowest result in the available series.
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 43, Specialised construction 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).
Peer companies
Historical observationOf the 2,145 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,145 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €425 | €2,185 | €2,185 | = |
| Other operating charges640/8 | €24 | €220 | €808 | ▲ 267% |
| Gross operating margin9900 | -€1,590 | €50,563 | -€1,173 | - |
| Operating profit (loss)9901 | -€2,039 | €48,158 | -€4,166 | - |
| Financial income75/76B | - | €6 | €0 | ▼ 96.4% |
| Recurring financial income75 | - | €6 | €0 | ▼ 96.4% |
| Financial charges65/66B | €16 | €85 | €394 | ▲ 366% |
| Recurring financial charges65 | €16 | €85 | €394 | ▲ 366% |
| Profit (loss) for the period before taxes9903 | -€2,055 | €48,079 | -€4,560 | - |
| Income taxes67/77 | - | €9,295 | - | - |
| Profit (loss) for the period9904 | -€2,055 | €38,784 | -€4,560 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,055 | €38,784 | -€4,560 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €42,661 | €77,333 | €53,978 | ▼ 30.2% |
| Fixed assets21/28 | €10,265 | €8,080 | €5,895 | ▼ 27.0% |
| Tangible fixed assets22/27 | €10,265 | €8,080 | €5,895 | ▼ 27.0% |
| Plant, machinery and equipment23 | €6,591 | €5,625 | €4,660 | ▼ 17.2% |
| Furniture and vehicles24 | €3,675 | €2,455 | €1,235 | ▼ 49.7% |
| Current assets29/58 | €32,395 | €69,253 | €48,083 | ▼ 30.6% |
| Stocks and contracts in progress3 | €6,205 | €15,000 | €2,944 | ▼ 80.4% |
| Stocks30/36 | €6,205 | €15,000 | €2,944 | ▼ 80.4% |
| Amounts receivable within one year40/41 | €20,022 | €13,256 | €37,646 | ▲ 184% |
| Trade receivables40 | €15,288 | €10,721 | €35,506 | ▲ 231% |
| Other amounts receivable41 | €4,734 | €2,534 | €2,140 | ▼ 15.5% |
| Cash at bank and in hand54/58 | €6,168 | €40,997 | €7,493 | ▼ 81.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €42,661 | €77,333 | €53,978 | ▼ 30.2% |
| Equity10/15 | €2,945 | €40,897 | €36,337 | ▼ 11.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €35,897 | €35,897 | = |
| Distributable reserves133 | - | €35,897 | €35,897 | = |
| Profit (loss) carried forward14 | -€2,055 | - | -€4,560 | - |
| Amounts payable17/49 | €39,715 | €36,436 | €17,642 | ▼ 51.6% |
| Amounts payable within one year42/48 | €39,715 | €36,436 | €17,642 | ▼ 51.6% |
| Trade debts44 | €16,767 | €10,803 | €3,565 | ▼ 67.0% |
| Suppliers440/4 | €16,767 | €10,803 | €3,565 | ▼ 67.0% |
| Taxes, remuneration and social security45 | €1,500 | €11,757 | €13,364 | ▲ 13.7% |
| Taxes450/3 | - | €11,757 | €11,864 | ▲ 0.9% |
| Remuneration and social security454/9 | €1,500 | - | €1,500 | - |
| Other amounts payable47/48 | €21,448 | €13,876 | €713 | ▼ 94.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,055 | €38,784 | -€4,560 | - |
| + Depreciation and write-downs630 | €425 | €2,185 | €2,185 | = |
| Operating cash flow (approximation) | -€1,630 | €40,970 | -€2,375 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €34,829 | -€33,504 | - |
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 (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00466847 |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00516393 |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00480950 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Van Mechelen Ruben |
|
Owners and capital
Capital and shareholders
- VAN MECHELEN Ruben 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 28-07-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
28-07
Gazette deed
IncorporationAppointment: VAN MECHELEN Ruben (director) · Founder · Founding capital8 facts ▸
- Incorporation, “VMR Technics” (deed in Dutch)
- Founder, VAN MECHELEN Ruben
- Founding capital, €5,000
- Bank account, “vennootschap in oprichting, deponering inbrengen” (deed in Dutch)
- Registered office clause, “2260 Westerlo,Groenstraat 14” (deed in Dutch)
- Board rule, 1
- Director appointment, VAN MECHELEN Ruben (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 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 0804.290.148
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13049A0830/00M000 | Flanders | 483 m² | 1 · 149 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Loodgieterswerk en sanitaire apparaten; Gasleidingen en gasaansluitingen, met uitzondering van gasleidingen voor verwarmingssystemen…” (deed in Dutch)
55 activities (deed in Dutch)
- Loodgieterswerk en sanitaire apparaten;
- Gasleidingen en gasaansluitingen, met uitzondering van gasleidingen voor verwarmingssystemen;
- Waterleidingen;
- Stoomverdeelbuisleidingen;
- Brandblusinstallaties en dergelijke sprinklerinstallaties;
- Beregeningsinstallaties voor grasvelden;
- Verwarmingssystemen op elektriciteit, gas of stookolie, met inbegrip van de installatie van leidingen;
- Verwarmingsketels;
- Apparatuur (inclusief regelapparatuur) en leidingen voor ventilatie, koeling en klimaatregeling;
- Koeltorens;
- Niet-elektrische zonnecollectoren;
- De reiniging en ontstopping van afvoerbuizen in gebouwen;
- Plaatsen en het onderhoud van hygiënische apparatuur;
- Plaatsen vervangen digitale meters;
- Installatie van waterfilters op kranen ( voor het drinken van zuiver ontkalkt water);
- Installatie van waterontharders;
- Plaatsen van dakbedekking van ongeacht welk materiaal;
- Plaatsen van dakgoten en regenafvoerbuizen;
- Bouwen van koelkamers, kluizen, enz.;
- Het plaatsen van buiten- of binnenschrijnwerk van hout, kunststof, metaal of andere materialen zoals: binnen- en buitendeuren (met uitzondering van draai- en automatische deuren), geblindeerde deuren, brandwerende deuren, vensters, kozijnen, trappen, enz.;
- Het plaatsen van muurkasten, inbouwkeukens en winkelinrichtingen van hout, kunststof, metaal of andere materialen;
- Het plaatsen van laboratoria- en modulaire meubelen van hout, kunststof, metaal of andere materialen;
- De binnenafwerking zoals de installatie van al dan niet verplaatsbare tussenwanden; de bekleding van wanden, plafonds, enz.;
- De installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz. van hout, kunststof, metaal of andere materialen;
- De montage van serres, veranda's, enz. van hout, kunststof, metaal of andere materialen;
- Plaatsing van keukens met elektrotechnische aansluiting van de apparaten, plaatsing van keukens met aansluiting van sanitaire apparaten;
- Plaatsen van lichtkoepels of lichtstraten;
- Bouw van een houtskelet door een andere bouwonderneming (niet algemeen);
- Bedenken, ontwerpen en bouwen van escape rooms en andere belevenisruimtes op maat voor particulieren en bedrijven;
- Verkopen en plaatsen van vliegenramen en -deuren;
- De reparatie van tanks, reservoirs, stalen vaten en andere bergingsmiddelen van metaal;
- De reparatie en het onderhoud van leidingstelsels en pijpleidingen;
- De reparatie met verplaatsbare lasapparatuur;
- De reparatie van containers voor het transport;
- De reparatie en het onderhoud van stoomketels en andere stoomgeneratoren;
- De reparatie en het onderhoud van hulptoestellen voor stoomketels: condensors, voorwarmers, spaarprogrammatoestellen, oververhitters, bovenketels, verhittingselementen, stoomcollectoren en -acculumatoren;
- De reparatie en het onderhoud van kernreactoren, met uitzondering van isotoopverdelers;
- De reparatie en het onderhoud van onderdelen van warmwaterketels voor schepen of voor elektrische centrales;
- De reparatie van warmwaterketels en radiatoren voor centrale verwarming;
- De reparatie en het onderhoud van vuurwapens en artilleriestukken, met inbegrip van reparatie van sportvuurwapens en vuurwapens voor recreatieve doeleinden;
- De reparatie en het onderhoud van caddies;
- De reparatie van scharen, messen, bestekken, enz.;
- De reparatie van handgereedschap zoals tangen, schroevendraaiers, sleutels, tuinscharen, truwelen, soldeerbouten, enz.;
- De reparatie van bankschroeven en lijmknechten;
- De reparatie van hangsloten, grendelsloten en andere (mechanische) sloten, sleutels en dergelijk hang- en sluitwerk, indien geen monitoring- of beveiligingsdiensten voorzien zijn;
- De reparatie van brandkasten, kluizen, gepantserde deuren, safes, enz., indien geen monitoring- of beveiligingsdiensten voorzien zijn;
- De reparatie van scharnieren, hengsels en hengselduimen;
- De reparatie van degens, sabels, bajonetten, enz.;
- De reparatie van veiligheidshoofddeksels van metaal;
- De reparatie van metalen straatnaamborden en verkeerstekens;
- De reparatie van metalen ladders en trapjes;
- De reparatie van metalen brievenbussen;
- De reparatie van scheepsschroeven en ankers;
- De reparatie van metalen vormkasten en gietvormen;
- Uitvoeren van horizontale boringen voor het leggen van kabels en kanalisaties.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Handelingen die wet of statuten aan algemene vergadering voorbehouden, onbepaalde duur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor