VRM CONSULT
ActiveSummary
VRM CONSULT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,533 and a net result of €4,219. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 33.16 against 17.99 in 2024; short-term debt: 3% and cash: 68.8% of total assets), and 3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97%
Return on assets
3.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
9 d early
2023
1 d early
2022
on the day
2021
30 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€127,533▲ 3.4%
2024 · €123,314
Total assets
€131,433▲ 0.8%
2024 · €130,394
Net result
€4,219▲ 36.7%
2024 · €3,086
Working capital
€125,450▲ 4.3%
2024 · €120,255
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€29,479▼ 1,680%€4,110-€5,033€2,370€6,926▲ 192%
Net result-€32,734below the sector's middle half▼ 1,518%€2,522within the sector's middle half-€5,416below the sector's middle half€3,086within the sector's middle half€4,219within the sector's middle half▲ 36.7%
Equity€123,122within the sector's middle half▼ 21.0%€125,644within the sector's middle half▲ 2.0%€120,229within the sector's middle half▼ 4.3%€123,314within the sector's middle half▲ 2.6%€127,533within the sector's middle half▲ 3.4%
Total assets€130,834within the sector's middle half▼ 18.4%€132,349within the sector's middle half▲ 1.2%€128,208within the sector's middle half▼ 3.1%€130,394within the sector's middle half▲ 1.7%€131,433within the sector's middle half▲ 0.8%
Debt€7,712▲ 74.6%€6,704▼ 13.1%€7,979▲ 19.0%€7,079▼ 11.3%€3,900▼ 44.9%
Working capital€116,832above the sector's middle half▼ 21.2%€120,513above the sector's middle half▲ 3.2%€116,184above the sector's middle half▼ 3.6%€120,255above the sector's middle half▲ 3.5%€125,450above the sector's middle half▲ 4.3%
Solvency94.1%above the sector's middle half▼ 3.1pp94.9%above the sector's middle half▲ 0.8pp93.8%above the sector's middle half▼ 1.2pp94.6%above the sector's middle half▲ 0.8pp97.0%above the sector's middle half▲ 2.5pp
Current ratio16.15above the sector's middle half▼ 18.4418.98above the sector's middle half▲ 2.8315.56above the sector's middle half▼ 3.4117.99above the sector's middle half▲ 2.4333.16above the sector's middle half▲ 15.18
Return on assets (ROA)-25.0%below the sector's middle half▼ 23.8pp1.9%within the sector's middle half▲ 26.9pp-4.2%below the sector's middle half▼ 6.1pp2.4%within the sector's middle half▲ 6.6pp3.2%within the sector's middle half▲ 0.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 192% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131,433
Fixed assets
€2,083 ▼ 31.9%
Current assets
€129,350 ▲ 1.6%
Equity and liabilities €131,433
Equity
€127,533 ▲ 3.4%
Debt
€3,900 ▼ 44.9%
Debt's share of the balance-sheet total falls from 5.4% to 3.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,902▲
2024 · €3,354
Cash flow
€5,195▲
2024 · €4,070
Debt to equity
0.03▼
2024 · 0.06
ROE
3.3%▲
2024 · 2.5%
Interest coverage
94.11▲
2024 · 23.17
Debt ≤ 1 year
€3,900▼
2024 · €7,079
Income taxes
€2,626▲
2024 · €827
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 10,905 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,543 | €1,159 | €1,087 | €985 | €977 | ▼ 0.8% |
| Other operating charges640/8 | - | €1,101 | €1,151 | €1,318 | €1,124 | ▼ 14.7% |
| Gross operating margin9900 | €6,070 | €6,370 | -€2,795 | €4,673 | €9,026 | ▲ 93.2% |
| Operating profit (loss)9901 | -€29,479 | €4,110 | -€5,033 | €2,370 | €6,926 | ▲ 192% |
| Financial income75/76B | - | - | - | €1,688 | €2 | ▼ 99.9% |
| Recurring financial income75 | €704 | - | - | €1,688 | €2 | ▼ 99.9% |
| Financial charges65/66B | - | €86 | €101 | €145 | €84 | ▼ 42.0% |
| Recurring financial charges65 | €92 | €86 | €101 | €145 | €84 | ▼ 42.0% |
| Profit (loss) for the period before taxes9903 | -€28,867 | €4,024 | -€5,133 | €3,913 | €6,844 | ▲ 74.9% |
| Income taxes67/77 | €3,868 | €1,502 | €282 | €827 | €2,626 | ▲ 217% |
| Profit (loss) for the period9904 | -€32,734 | €2,522 | -€5,416 | €3,086 | €4,219 | ▲ 36.7% |
| Profit (loss) for the period to be appropriated9905 | €22,319 | €2,522 | -€5,416 | €3,086 | €4,219 | ▲ 36.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,834 | €132,349 | €128,208 | €130,394 | €131,433 | ▲ 0.8% |
| Fixed assets21/28 | €6,290 | €5,131 | €4,044 | €3,060 | €2,083 | ▼ 31.9% |
| Tangible fixed assets22/27 | €6,160 | €5,001 | €3,914 | €2,930 | €1,953 | ▼ 33.3% |
| Furniture and vehicles24 | - | €118 | €8 | - | - | - |
| Other tangible fixed assets26 | - | €4,883 | €3,906 | €2,930 | €1,953 | ▼ 33.3% |
| Financial fixed assets28 | €130 | €130 | €130 | €130 | €130 | = |
| Current assets29/58 | €124,544 | €127,217 | €124,164 | €127,334 | €129,350 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €64,870 | €22,221 | €51,638 | €83,843 | €37,469 | ▼ 55.3% |
| Trade receivables40 | - | - | €30,638 | - | €10,688 | - |
| Other amounts receivable41 | - | €22,221 | €21,000 | €83,843 | €26,781 | ▼ 68.1% |
| Cash at bank and in hand54/58 | €58,277 | €103,761 | €71,273 | €42,394 | €90,437 | ▲ 113% |
| Deferred charges and accrued income490/1 | - | €1,235 | €1,253 | €1,097 | €1,444 | ▲ 31.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,834 | €132,349 | €128,208 | €130,394 | €131,433 | ▲ 0.8% |
| Equity10/15 | €123,122 | €125,644 | €120,229 | €123,314 | €127,533 | ▲ 3.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €116,914 | €116,914 | €116,914 | €116,914 | €116,914 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €115,054 | €115,054 | €116,914 | €116,914 | = |
| Profit (loss) carried forward14 | €8 | €2,530 | -€2,885 | €200 | €4,419 | ▲ 2,104% |
| Amounts payable17/49 | €7,712 | €6,704 | €7,979 | €7,079 | €3,900 | ▼ 44.9% |
| Amounts payable within one year42/48 | €7,712 | €6,704 | €7,979 | €7,079 | €3,900 | ▼ 44.9% |
| Trade debts44 | €1,786 | €815 | €5,855 | €2,098 | €1,670 | ▼ 20.4% |
| Suppliers440/4 | - | €815 | €5,855 | €2,098 | €1,670 | ▼ 20.4% |
| Taxes, remuneration and social security45 | - | €1,482 | €340 | €4,982 | €2,230 | ▼ 55.2% |
| Taxes450/3 | - | €1,482 | €340 | €4,982 | €2,230 | ▼ 55.2% |
| Other amounts payable47/48 | - | €4,406 | €1,784 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€32,734 | €2,522 | -€5,416 | €3,086 | €4,219 | ▲ 36.7% |
| + Depreciation and write-downs630 | €1,543 | €1,159 | €1,087 | €985 | €977 | ▼ 0.8% |
| Operating cash flow (approximation) | -€31,192 | €3,682 | -€4,329 | €4,070 | €5,195 | ▲ 27.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €45,485 | -€32,488 | -€28,879 | €48,043 | ▲ 266% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €3,086
Net result €3,086 after one loss-making year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €2,522
Net result €2,522 after 2 loss-making years.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet -€32,734
Net result drops to -€32,734, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Liquidity times 11current ratio 34.59
Current ratio from 3.28 to 34.59; short-term debt falls from €64,952 to €4,417.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Rixensart · 1 establishment unit since 2013
Ground area
2,320 m²
Building footprint
222 m²
Volume, LiDAR
1,327 m³
Parcel 25033B0758/00E000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VRM CONSULT
since 20132.218.263.997
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25033B0758/00E000 | Wallonia | 2,320 m² | 1 · 222 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2013
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
marc.vreuls@skynet.beRixensart
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524902632
Also
9925:BE0524902632
Registered
04-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.