Summary
VT Management is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €4.1m and a net result of €1.0m. Equity is growing by ~47.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 6166 sector peers (fiscal year 2024). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
5 d early
2022
on the day
2021
30 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 oldest company in Damme, Finance and insurance sector#5 company by equity in Damme, Finance and insurance sector#8 company by total assets in Damme, Finance and insurance sector
Equity
€4.1m▲ 32.4%
2023 · €3.1m
Net result
€1.0m▼ 29.9%
2023 · €1.4m
Total assets
€6.2m▲ 35.7%
2023 · €4.5m
Solvency
66.6%▼ 1.6pp
2023 · 68.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20202021202220232024
Operating result€86,310▲ 496%€271,566▲ 215%€81,669▼ 69.9%€71,568▼ 12.4%€18,236▼ 74.5%
Net result€54,175within the sector's middle half€1.1mabove the sector's middle half▲ 1,916%€59,896within the sector's middle half▼ 94.5%€1.4mabove the sector's middle half▲ 2,297%€1.0mabove the sector's middle half▼ 29.9%
Equity€535,663above the sector's middle half▲ 7.5%€1.6mabove the sector's middle half▲ 201%€1.7mabove the sector's middle half▲ 3.2%€3.1mabove the sector's middle half▲ 86.3%€4.1mabove the sector's middle half▲ 32.4%
Total assets€2.0mabove the sector's middle half▲ 20.6%€3.1mabove the sector's middle half▲ 57.0%€3.4mabove the sector's middle half▲ 10.2%€4.5mabove the sector's middle half▲ 34.3%€6.2mabove the sector's middle half▲ 35.7%
Debt€1.4m▲ 26.4%€1.5m▲ 2.7%€1.7m▲ 17.9%€1.4m▼ 16.0%€2.1m▲ 42.7%
Working capital€374,131above the sector's middle half▲ 789%€1.3mabove the sector's middle half▲ 257%€1.3mabove the sector's middle half▼ 3.1%€2.5mabove the sector's middle half▲ 92.8%€3.1mabove the sector's middle half▲ 23.5%
Solvency27.4%within the sector's middle half▼ 3.3pp52.5%within the sector's middle half▲ 25.1pp49.2%within the sector's middle half▼ 3.3pp68.2%within the sector's middle half▲ 19.0pp66.6%within the sector's middle half▼ 1.6pp
Current ratio2.79within the sector's middle half▲ 1.604.47above the sector's middle half▲ 1.694.14above the sector's middle half▼ 0.339.62above the sector's middle half▲ 5.4710.68above the sector's middle half▲ 1.06
Return on assets (ROA)2.8%within the sector's middle half▲ 3.1pp35.5%above the sector's middle half▲ 32.8pp1.8%within the sector's middle half▼ 33.8pp31.6%above the sector's middle half▲ 29.8pp16.3%above the sector's middle half▼ 15.3pp
Staff (FTE)0.2below the sector's middle half▼ 71.4%0.4within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 75% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.2m
Fixed assets
€2.8m ▲ 57.2%
Current assets
€3.4m ▲ 22.1%
Equity and liabilities €6.2m
Equity
€4.1m ▲ 32.4%
Debt
€2.1m ▲ 42.7%
Debt's share of the balance-sheet total rises from 31.8% to 33.4%. Equity and debt are higher.
Key figures and ratios
ROE
24.5%▼
2023 · 46.3%
Debt ≤ 1 year
€317,872▲
2023 · €289,270
Debt > 1 year
€1.7m▲
2023 · €1.2m
Income taxes
€70,693▲
2023 · €60,167
Staff costs
€15,965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €14,845 | - | €36,981 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €29 | €0 | - | €15,965 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,941 | €57,877 | €69,627 | €106,172 | €129,069 | ▲ 21.6% |
| Other operating charges640/8 | - | €6,477 | €18,998 | €10,108 | €15,841 | ▲ 56.7% |
| Non-recurring operating charges66A | - | €627 | - | - | - | - |
| Gross operating margin9900 | €168,931 | €336,576 | €170,293 | €187,847 | €179,111 | ▼ 4.7% |
| Operating profit (loss)9901 | €86,310 | €271,566 | €81,669 | €71,568 | €18,236 | ▼ 74.5% |
| Financial income75/76B | - | €1.0m | €43,041 | €1.5m | €1.1m | ▼ 23.2% |
| Recurring financial income75 | €2,826 | €1.0m | €43,041 | €1.5m | €1.1m | ▼ 23.2% |
| Non-recurring financial income76B | - | - | €0 | - | - | - |
| Financial charges65/66B | - | €23,471 | €23,786 | €36,272 | €63,778 | ▲ 75.8% |
| Recurring financial charges65 | €16,756 | €23,471 | €23,786 | €36,272 | €63,778 | ▲ 75.8% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €72,380 | €1.3m | €100,924 | €1.5m | €1.1m | ▼ 28.0% |
| Income taxes67/77 | €18,204 | €173,082 | €41,028 | €60,167 | €70,693 | ▲ 17.5% |
| Profit (loss) for the period9904 | €54,175 | €1.1m | €59,896 | €1.4m | €1.0m | ▼ 29.9% |
| Profit (loss) for the period to be appropriated9905 | €54,175 | €1.1m | €59,896 | €1.4m | €1.0m | ▼ 29.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €3.1m | €3.4m | €4.5m | €6.2m | ▲ 35.7% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.7m | €1.8m | €2.8m | ▲ 57.2% |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.7m | €1.8m | €2.8m | ▲ 57.5% |
| Land and buildings22 | - | €1.2m | €1.5m | €1.5m | €2.6m | ▲ 66.5% |
| Plant, machinery and equipment23 | - | €12,698 | €12,978 | €9,914 | €11,802 | ▲ 19.0% |
| Furniture and vehicles24 | - | €85,877 | €137,900 | €183,844 | €169,279 | ▼ 7.9% |
| Other tangible fixed assets26 | - | €3,650 | €21,201 | €17,079 | €12,957 | ▼ 24.1% |
| Financial fixed assets28 | €14,225 | €9,275 | €9,275 | €9,275 | €9,275 | = |
| Current assets29/58 | €583,285 | €1.7m | €1.7m | €2.8m | €3.4m | ▲ 22.1% |
| Amounts receivable after more than one year29 | - | €491,716 | €932,514 | €499,582 | €2.1m | ▲ 318% |
| Other amounts receivable291 | - | €491,716 | €932,514 | €499,582 | €2.1m | ▲ 318% |
| Amounts receivable within one year40/41 | €269,738 | €98,700 | €584,246 | €2.1m | €1.1m | ▼ 47.4% |
| Trade receivables40 | - | €30,200 | €56,425 | €105,430 | €66,905 | ▼ 36.5% |
| Other amounts receivable41 | - | €68,500 | €527,821 | €2.0m | €1.0m | ▼ 48.0% |
| Cash at bank and in hand54/58 | €113,547 | €1.1m | €184,769 | €189,374 | €177,028 | ▼ 6.5% |
| Deferred charges and accrued income490/1 | - | €789 | €2,730 | €3,231 | €31,025 | ▲ 860% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €3.1m | €3.4m | €4.5m | €6.2m | ▲ 35.7% |
| Equity10/15 | €535,663 | €1.6m | €1.7m | €3.1m | €4.1m | ▲ 32.4% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €517,071 | €1.6m | €1.6m | €3.1m | €4.1m | ▲ 32.6% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €0 | - | - |
| Distributable reserves133 | - | €1.6m | €1.6m | €3.1m | €4.1m | ▲ 32.6% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | - | - |
| Amounts payable17/49 | €1.4m | €1.5m | €1.7m | €1.4m | €2.1m | ▲ 42.7% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €1.3m | €1.2m | €1.7m | ▲ 50.9% |
| Financial debts170/4 | - | €1.1m | €1.3m | €1.2m | €1.7m | ▲ 50.9% |
| Amounts payable within one year42/48 | €209,155 | €383,945 | €411,250 | €289,270 | €317,872 | ▲ 9.9% |
| Current portion of amounts payable after more than one year42 | - | €186,804 | €202,148 | €188,967 | €249,606 | ▲ 32.1% |
| Trade debts44 | €12,989 | €27,676 | €141,482 | €65,032 | €35,903 | ▼ 44.8% |
| Suppliers440/4 | - | €27,676 | €141,482 | €65,032 | €35,903 | ▼ 44.8% |
| Taxes, remuneration and social security45 | - | €145,042 | €38,269 | €28,959 | €26,104 | ▼ 9.9% |
| Taxes450/3 | - | €145,042 | €38,269 | €28,959 | €25,000 | ▼ 13.7% |
| Remuneration and social security454/9 | - | - | - | - | €1,104 | - |
| Other amounts payable47/48 | - | €24,424 | €29,350 | €6,311 | €6,259 | ▼ 0.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,175 | €1.1m | €59,896 | €1.4m | €1.0m | ▼ 29.9% |
| + Depreciation and write-downs630 | €51,941 | €57,877 | €69,627 | €106,172 | €129,069 | ▲ 21.6% |
| Operating cash flow (approximation) | €106,117 | €1.1m | €129,522 | €1.5m | €1.1m | ▼ 26.4% |
| Investment in fixed assets (approximation) | - | -€38,318 | -€395,698 | -€187,814 | -€1.1m | ▼ 506% |
| Change in cash | - | €1.0m | -€941,795 | €4,605 | -€12,346 | ▼ 368% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €1.4m ▲2,297%
Net result €1.4m, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 9.62
Current ratio from 4.14 to 9.62; short-term debt falls from €411,250 to €289,270.
31-12
Financial
Equity above €2mEq €3.1m ▲86.3%
4 profitable years in a row build equity to €3.1m.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1mEq €1.6m ▲201%
2 profitable years in a row build equity to €1.6m.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €54,175
Net result €54,175 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.19 to 2.79; short-term debt falls from €221,705 to €209,155.
31-12
Financial
Equity above €500,000Eq €535,663 ▲7.5%
Equity rises from €498,487 to €535,663.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€5,595
Net result drops to -€5,595, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 acts for this company are 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, Damme · 1 establishment unit since 1983
Ground area
1,223 m²
Building footprint
72 m²
Volume, LiDAR
477 m³
Parcel 31026A0227/00L000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
V.I.P. Productions
since 19832.023.536.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026A0227/00L000 | Flanders | 1,223 m² | 1 · 72 m² | 10.4 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of VT Management and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
GEERITS HOLDING
BE 0831.791.232
Bree · Eq €4,104,512
Arbaco
BE 0677.632.595
Aalter · Eq €4,108,348
HORUS HOLDING
BE 0811.006.013
Brussel · Eq €4,110,239
ALTENA INVEST
BE 0638.966.417
Aubel · Eq €4,101,220
VYNCKE 3F
BE 0810.635.631
Harelbeke · Eq €4,111,607
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 8,776 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
Founded06-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424910676
Also
9925:BE0424910676
Registered
15-10-2025
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.