Equity
-€60,409
Debts exceed assets in financial year 2025.
vörm
Overview
Lifetime
1 annual account with figurespeak -€61,505 (2025)
-€61,505
lowest -€62,409 (2025)
-€62,409
peak -€60,409 (2025)
-€60,409
€89,669
Board4 names since 2024
3 directorsBart Callaerts and 2 others
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Loss of €62,409Permanent representative: Elke Janssens 31-12First year with figures
Key points
from the 2025 annual accountsDebts
€89,669 306% of the balance sheet
Suppliers 1%Taxes and wages 9%Other 90%
Position in the sector
-206.5%
Lower solvency than 95% of companies in advertising and market research. Sector median 44.3% · 2,094 companies.
Turnover not published (abbreviated format)
Checked score
53
Fair
Financially stronger than 16% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,231 companies (NACE 73, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 0.9%lowest value
09-2025: 0.9%● unchanged vs 08-2025lowest value
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 1.0%▲ +0.1 percentage points vs 10-2025
12-2025: 1.1%▲ +0.1 percentage points vs 11-2025
01-2026: 1.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.3%▲ +0.1 percentage points vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.4%▲ +0.1 percentage points vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 1.1%▼ -0.4 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€60,409
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Size: total assets €29,259
Liquidity: current ratio 0.33, cash €11,899
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 73, micro). It does better than 5% of them on solvency, 36% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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, 7,639 companies had the same profile as vörm has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of vörm itself is lower: 1.1% within 12 months. It rests on far more data about vörm than the profile alone.
Test of the method
The method was tested on the 497,448 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 7,639 companies, not a prediction for vörm. 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 verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.33, below 1. Short-term debt is 306.5% and cash 40.7% of total assets. Equity is negative.
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
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- WOMBAT founderdeed of 23-07-2024
- Janssens, Elke founderdeed of 23-07-2024
- Callaerts, Bart founderdeed of 23-07-2024
Recent changes
Permanent representative: Elke Janssens
General meeting of 13-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011766517
Incorporation
Founding capital of €2,000, 200 shares · Founders: WOMBAT; Janssens, Elke; Callaerts, Bart · Appointments: Brand Essentials, OPPORTUNITIES, thus. and Bart Callaerts · published on 23-07-2024 · Gazette deed
First establishment
Krijgslaan 31, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| vörm Ghent | €29,259 | -€61,505 | -206.5% | - |
| Bill&Rec Ottignies-Louvain-la-Neuve | €29,503 | -€2,865 | 75.9% | - |
| LNR Corporation Brussels | €27,740 | -€65,890 | -343.9% | - |
| A2S CONNECTION Brussels | €26,663 | -€34,742 | -125.9% | - |
| GSP & K Grimbergen | €25,259 | €582 | 15.9% | - |
| COLARD WORLDWIDE SERVICES Forest | €24,210 | -€2,534 | 37.0% | - |
| THE CONNECTOR Leuven | €36,282 | -€11,569 | -30.8% | - |
These companies have the same main activity as vörm: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €24,200 and €36,300, founded in 2024.
Official details
Source: KBO- Status
- Active since 19-07-2024Normal situation
- Activity
- Public relations and communication consultancyNACE 73300
- Establishment unit
- 2.362.471.3259000 Ghent, since 19-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-09-2025
Annual accounts 2025
- -€61,505
- €62,409
- -€60,409
- €29,259
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on vörm
vörm has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€60,409) and a net result of -€62,409.
Its solvency ranks better than 5% of 2,094 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 27-07-2026, 4 days before the deadline-€61,505
-€62,293
-€62,409
-€60,409
-206.5%
0.33
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €29,259 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-206.5%
Lower than 95% of 2,094 companies in 2025.
0.33
Higher than 11% of 2,010 companies in 2025.
-213.3%
Lower than 95% of 2,053 companies in 2025.
vörm
Middle half of the sector
80% of the sector
Abbreviated accounts in advertising and market research (NACE 73)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
29,259 | |
29/58 |
29,259 | |
40/41 |
16,492 | |
40 |
16,492 | |
54/58 |
11,899 | |
490/1 |
868 | |
| Balance sheet: equity and liabilities | ||
10/49 |
29,259 | |
10/15 |
-60,409 | |
10/11 |
2,000 | |
14 |
-62,409 | |
17/49 |
89,669 | |
42/48 |
89,669 | |
44 |
870 | |
440/4 |
870 | |
45 |
8,208 | |
450/3 |
8,208 | |
47/48 |
80,591 | |
| Income statement | ||
9900 |
-61,505 | |
640/8 |
787 | |
9901 |
-62,293 | |
65/66B |
117 | |
65 |
117 | |
9903 |
-62,409 | |
9904 |
-62,409 | |
9905 |
-62,409 | |
| Appropriation of the result | ||
9906 |
-62,409 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-07-2026 | 2026-00335085 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -60,409 | ||
| -206.5% | ||
| 0.33 | ||
| -213.3% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on vörm
Equity is negative. Debt (€89,669) exceeds the balance-sheet total (€29,259).
Board & ownership
Board
3 directors, since incorporationDirector
appointed by deed of 23-07-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 27-07-2026
BRAND ESSENTIALS CommV
Director, permanent representative Wulleman Piet
appointed by deed of 23-07-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 27-07-2026
Director, permanent representative Dekerf Fabrice
appointed by deed of 23-07-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 27-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 14: Bevoegdheden van het bestuursorgaan § 1. Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders…”deed of 23-07-2024
Permanent representatives 2
Mandates through the years
4 names, the dashed line is todayBoardEarlierend not dated
Mandates as a list
- Bart Callaerts
- Director, appointed by deed of 23-07-2024, still in office
- BRAND ESSENTIALS
- Director, appointed by deed of 23-07-2024, still in office
- OPPORTUNITIES
- Director, appointed by deed of 23-07-2024, still in office
- thus.
- Director, appointed by deed of 23-07-2024, no longer listed in the 2025 annual accounts
Control
Founders
WOMBAT, Janssens, Elke, Callaerts, Bart
This company
vörm
Equity -€60,409
Loss €62,409 in 2025
Capital
- Contribution
- €2,000
- Shares
- 200
- Contribution per share
- €10
- Equity per share
- -€302 in 2025
- Source
- deed of 23-07-2024
Articles of association
deed of 23-07-2024 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founders
At incorporation
deed of 23-07-2024 ↗
- WOMBAT (BE 0546.596.483) founder
- Janssens, Elke founder
- Callaerts, Bart founder
Network & group
No group
vörm has no parent and no holdings in its annual accounts.
At the same address
Krijgslaan 31, 9000 Ghent · 2 other companies| WOMBAT
registered office since 15-01-2014 · founded in 2014 |
total assets €217,306 (2025) 0546.596.483 |
| OPPORTUNITIES
registered office since 08-03-2002 · founded in 2002 · negative equity (2025) |
total assets €110,962 (2025) 0476.752.129 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
WOMBAT
Founded in 2014 · total assets €217,306 (2025)
→
Timeline
Timeline
5 events since 2024Board
Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 4 days before the deadline
2025
Permanent representative: Elke JanssensGeneral meeting of 13-06-20252 points ▸
- General meeting, 13-06-2025
- Permanent representative, Elke Janssens
- The deed holds 1 more point.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1011766517
2024
IncorporationFounding capital of €2,000, 200 shares · Founders: WOMBAT; Janssens, Elke; Callaerts, Bart · Appointments: Brand Essentials, OPPORTUNITIES, thus. and Bart Callaerts · published on 23-07-202413 points ▸
- Founder, WOMBAT
- Founder, Janssens, Elke
- Founder, Callaerts, Bart
- Founding capital, €2,000, 200 shares
- Registered office clause, Krijgslaan 31, 9000 Gent
- Director appointment, Brand Essentials
- Permanent representative, Wulleman Piet
- Director appointment, OPPORTUNITIES
- Permanent representative, Dekerf Fabrice
- Director appointment, thus.
- Permanent representative, Janssens, Elke
- Director appointment, Bart Callaerts
- Permanent representative, Callaerts, Bart
- The deed holds 3 more points.
First establishment Krijgslaan 31, Ghent
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1011.766.517
- VAT number
- BE 1011.766.517
- Peppol ID
- 0208:1011766517
- Other Peppol ID
- 9925:BE1011766517
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 19-07-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00deed of 23-07-2024 (in Dutch)
- Peppol
- Reachable since 11-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- vörm in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 23-07-2024 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Vormgeven en produceren van allerlei bedrijfscommunicatie (interne en corporate audiovisuele communicatie, employer branding communicatie…”deed of 23-07-2024 (in Dutch)
13 activities
- Vormgeven en produceren van allerlei bedrijfscommunicatie (interne en corporate audiovisuele communicatie, employer branding communicatie, brochures en digitale communicatie naar stakeholders en B2B-klanten)
- Vormgeven en organiseren van allerlei bedrijfsevents
- Ontwerpen van publicitaire teksten en slogans (copywriting, scenario’s en storytelling), ontwerpen van publicitaire films en artikelen
- Ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende media
- Productie van films m.u.v. bioscoop- en televisiefilms
- Overige dienstverlenende activiteiten op het gebied van informatie en communicatie, niet eerder vernoemd
- De vennootschap kan functies of mandaten van bestuurder, beheerder, directeur, commissaris of vereffenaar in andere vennootschappen, verenigingen of instellingen waarnemen
- De vennootschap mag, in België en in het buitenland, alle industriële, handels-, financiële, roerende en onroerende verrichtingen verwezenlijken die rechtstreeks of onrechtstreeks haar onderneming kunnen uitbreiden of bevorderen
- Zij mag alle roerende en onroerende goederen verwerven, zelfs als deze noch rechtstreeks, noch onrechtstreeks verband houden met het voorwerp van de vennootschap
- De vennootschap kan samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere vennootschappen, verenigingen, stichtingen, instellingen of ondernemingen
- De vennootschap kan participeren in of een fusie aangaan met andere vennootschappen, verenigingen, instellingen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze in de hand kunnen werken
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, desgevallend inclusief de eigen handelszaak
- De vennootschap heeft de bevoegdheid alle handelingen te stellen in het kader van het vergoeden van de bestuurder(s) in geld/in natura of via voordelen van alle aard
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Krijgslaan 31 registered office 9000 Ghent 7330001 Public relations and communication consultancy | 19-07-2024 | 2.362.471.325 |
Buildings and parcels at the address
- Ground area
- 178 m²
- Buildings
- 103 m²
- Volume, LiDAR
- 1,237 m³
- Tallest building
- 15.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44808H0036/00L002 | 178 m² | 1 · 103 m² | 15.1 m · 4 |