Debts
€181,185 98% of the balance sheet
Financial debts 39%Suppliers 3%Taxes and wages 2%Other 57%
Of this, €111,190 falls due within a year.
VMVS
Lifetime
13 annual accounts with figures on one time axispeak €43,704 (2025)
€43,704▲ 134%
lowest -€27,287 (2023)
€3,847▲ 61.7%
peak €27,416 (2019)
€3,586▲ €3,847
€181,185▲ 38.4%
Board3 names since 2012
2 directorsBIEN Maria Leah and 1 other
Documentsfilings and deeds
29-07-20262 days before the deadline
2025abbreviated format
Gross margin from €18,660 to €43,704Result from €2,379 to €3,847Equity from -€261 to €3,586Debts from €130,874 to €181,185Investments €90,042
Key points
from the 2025 annual accountsInvestments
€90,042 2.6 × depreciation
Green is investment, beige is depreciation. Machinery stands 228.1% higher than in 2024.
Position in the sector
€3,586
Less equity than 83% of companies in creative and performing arts. Sector median €167,988 · 647 companies.
Checked score
93
Excellent
Financially stronger than 53% of micro companies in creative and performing arts (NACE 90)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,433 companies (NACE 90, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.5%▼ -0.2 percentage points vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -1.3 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.2%▼ -0.3 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €3,586 (1.9% of total assets)
lowers risk
Size: total assets €184,771
Sector: Arts creation and performing arts activities (NACE 90)
Liquidity: current ratio 0.52, cash €54,506
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 90, micro). It does better than 18% of them on solvency, 46% on liquidity, 48% on profitability and 99% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 1,375 companies had the same profile as VMVS has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
1.6%
stopped another way
2.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VMVS itself is lower: 0.1% within 12 months. It rests on far more data about VMVS 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 1,375 companies, not a prediction for VMVS. 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 646 sector peers (2025).
NBB · sector comparisonPosition among 646 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
31 days early
2023
9 days late
2022
12 days early
2021
20 days early
2020
16 days early
2019
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0849586079
Company renamed from COOMANS I & K to VMVS
Registered office moved from Heist-op-den-Berg to Izegem · New registered office: Abelestraat 54, 8870 Izegem · Previous registered office: Koningsbaan 4, 2220 Heist-Op-Den-Berg · Gazette deed
First establishment
Abelestraat 54, Izegem
Incorporation
published on 24-10-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VMVS Izegem | €184,771 | €43,704 | 1.9% | - |
| DE SPELMAKER Antwerp | €172,732 | €50,878 | 62.7% | - |
| VALYPSO Antwerp | €148,280 | €50,667 | 73.3% | - |
| YVES SEGERS ENTERTAINMENT Haaltert | €190,911 | €26,394 | 76.2% | - |
| FONKEL Lochristi | €133,112 | €36,949 | 81.4% | 0 |
| EV-Pro Edegem | €199,979 | €50,376 | 8.1% | - |
| Herkenrodebos Hasselt | €257,894 | €50,251 | 78.6% | - |
These companies have the same main activity as VMVS: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €133,000 and €258,000, founded between 2007 and 2013.
Official details
Source: KBO- Status
- Active since 26-09-2012Normal situation
- Activity
- Performing arts by independent artistsNACE 90201and 3 others
- Establishment unit
- 2.214.468.9238870 Izegem, since 15-10-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 02-06-2025
Annual accounts 2025
- ≈ €130,000estimated
- €184,771▲ 41.5%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on VMVS
VMVS files the abbreviated format. That format states no turnover. The gross margin rose from €11,816 in 2013 to €43,704 in 2025.
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 VMVS
- What is the company number of VMVS?
- The company number of VMVS is 0849.586.079. The VAT number is the same number with BE in front: BE 0849.586.079.
- Where is VMVS based?
- The registered office is at Abelestraat 54, 8870 Izegem.Company details
- What does VMVS do?
- According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
- What is the legal form of VMVS?
- VMVS is a private limited company (BV).
- When was VMVS founded?
- VMVS was founded on 26-09-2012.
- Is VMVS still active?
- Yes, VMVS is an active enterprise in the KBO register.
- What is the turnover of VMVS?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €43,704 and 35 comparable companies (NACE 90). It probably lies between €72,000 and €200,000.Financials
- Is VMVS profitable?
- In financial year 2025, VMVS made a profit of €3,847.
- Where can I find the annual accounts of VMVS?
- VMVS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VMVS due?
- VMVS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.