VMT BOUW

Active

Private limited companyfounded 20206 yrs activeDorpsstraat 199, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0745.924.555

The computed 12-month bankruptcy probability of VMT BOUW is 2.6% (moderate). The annual accounts of VMT BOUW for fiscal year 2024 show a net loss of 92% of the equity at the start of that year. The 2024 annual accounts show equity of €15k and a net result of €-42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 9982 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

26 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability24▼-31

Solvency27▼-6

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity tight (current ratio 1.02 against 1.08 in 2023; short-term debt: 98.1% and cash: 0.4% of total assets), and 98.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

1.9%

Return on assets

-5.5%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9982 sector peers (2024).

NBB · sector comparison

Position among 9982 sector peers

Solvency

better than 13%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

118 d late

2023

55 d late

2022

153 d late

2021

191 d late

2020

60 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€233k

EBIT margin

30.6%

Net result

€-42k

2023 · €42k

2020: €-2k 2021: €-241k 2022: €237k 2023: €42k

2020 → 2024

Working capital

€15k▼ 67.5%

2023 · €45k

2020: €8k 2021: €-158k 2022: €185k 2023: €45k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€233k

Equity€8k-€-233k€4k€45k▲ 1,125%€15k▼ 67.5%

Operating result€-2k-€-239k▼ 9,716%€245k€75k▼ 69.6%€71k▼ 4.4%

Net result€-2k-€-241k▼ 9,774%€237k€42k▼ 82.5%€-42k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen two years in a row; 2024 is 4% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €762k

98.1%

Equity €15k▼ 67.5%

Debt €748k▲ 34.2%

The debt ratio rises from 92.5% to 98.1%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

Solvency

1.9%▼

2023 · 7.5%

Current ratio

1.02▼

2023 · 1.08

Quick ratio

0.33▲

2023 · 0.14

Debt / equity

50.83▲

2023 · 12.31

ROE

-283.1%▼

2023 · 91.8%

ROA

-5.5%▼

2023 · 6.9%

Debt

€748k▲

2023 · €557k

Debt ≤ 1 year

€748k▲

2023 · €557k

Income taxes

€60k▲

2023 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€602k€762k▲

Current assets29/58€602k€762k▲

Stocks and contracts in progress3€523k€514k▼

Contracts in progress37€523k€514k▼

Amounts receivable within one year40/41€43k€245k▲

Trade receivables40€25k€229k▲

Other amounts receivable41€18k€16k▼

Cash at bank and in hand54/58€36k€3k▼

Equity and liabilities

Total equity and liabilities10/49€602k€762k▲

Equity10/15€45k€15k▼

Contributions10/11€10k€10k=

Profit (loss) carried forward14€35k€5k▼

Amounts payable17/49€557k€748k▲

Amounts payable within one year42/48€557k€748k▲

Financial debts43€225k-

Credit institutions430/8€225k-

Trade debts44€26k€99k▲

Suppliers440/4€26k€99k▲

Advances received on contracts in progress46-€170k

Taxes, remuneration and social security45€11k-

Taxes450/3€11k-

Other amounts payable47/48€294k€478k▲

Income statement Code20232024

Turnover70-€233k

Non-recurring operating income76A€13k€8k▼

Goods, raw materials, services and sundry goods60/61-€159k

Other operating charges640/8€429€2k▲

Non-recurring operating charges66A€4k-

Gross operating margin9900€79k€73k▼

Operating profit (loss)9901€75k€71k▼

Financial income75/76B€11€12▲

Recurring financial income75€11€12▲

Financial charges65/66B€22k€53k▲

Recurring financial charges65€22k€53k▲

Profit (loss) for the period before taxes9903€53k€18k▼

Income taxes67/77€11k€60k▲

Profit (loss) for the period9904€42k€-42k▼

Profit (loss) for the period to be appropriated9905€42k€-42k▼

Appropriation of the result

Profit (loss) to be appropriated9906€35k€5k▼

Profit (loss) brought forward from the previous period14P€-6k€46k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

2025

26-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 118 days late

2024

24-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 55 days late

2023

31-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 153 days late

07-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 191 days late

2022

31-12

Financial Back to profitnet €237k

Net result €237k after 2 loss-making years.

31-12

Financial Liquidity times 5current ratio 1.75

Current ratio from 0.38 to 1.75; short-term debt falls from €253k to €246k.

2021

31-12

Financial Weakest financial yearnet €-241k

Net result drops to €-241k, the lowest in the series; recovery starts the following year.

29-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 60 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Erpe-Mere · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Dorpsstraat 1999420 Erpe-Mere

Ground area

3,187 m²

Building footprint

330 m²

Volume, LiDAR

2,069 m³

Parcel 41016C0223/02P000, Flanders · tallest building 12.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

VMT BOUW

Dorpsstraat 199, 9420 Erpe-MereManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20202.304.262.021

1 parcel

Flanders 1 (100%)