VTBM has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €140k and a net result of €33k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 31616 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
5 d early
2022
8 d early
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€140k▼ 35.3%
2024 · €217k
2019: €61k
2020: €80k
2021: €109k
2022: €136k
2023: €161k
2024: €217k
2019 → 2025
Total assets
€7.41M▼ 1.0%
2024 · €7.48M
2019: €83k
2020: €109k
2021: €122k
2022: €144k
2023: €4.76M
2024: €7.48M
2019 → 2025
Net result
€33k▼ 40.3%
2024 · €55k
2019: €16k
2020: €19k
2021: €29k
2022: €27k
2023: €26k
2024: €55k
2019 → 2025
Working capital
€148k▼ 54.7%
2024 · €327k
2019: €60k
2020: €75k
2021: €106k
2022: €134k
2023: €-4.39M
2024: €327k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€136k▲ 24.7%€161k▲ 18.5%€217k▲ 34.3%€140k▼ 35.3%
Operating result€43k-€44k▲ 2.6%€57k▲ 28.2%€119k▲ 108%€102k▼ 13.7%
Net result€29k-€27k▼ 6.2%€26k▼ 3.6%€55k▲ 112%€33k▼ 40.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.41M
Fixed assets
€7.20M▲ 1.0%
Current assets
€210k▼ 40.5%
Equity and liabilities €7.41M
Equity
€140k▼ 35.3%
Debt
€7.27M=
The debt ratio rises from 97.1% to 98.1%. Equity is lower.
Key figures and ratios
Solvency
1.9%▼
2024 · 2.9%
ROE
23.6%▼
2024 · 25.5%
ROA
0.4%▼
2024 · 0.7%
Debt
€7.27M=
2024 · €7.27M
Debt ≤ 1 year
€62k▲
2024 · €25k
Debt > 1 year
€7.21M▼
2024 · €7.22M
Income taxes
€17k▼
2024 · €23k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.48M€7.41M▼
Fixed assets21/28€7.13M€7.20M▲
Tangible fixed assets22/27€6k€24k▲
Furniture and vehicles24€6k€24k▲
Financial fixed assets28€7.13M€7.18M▲
Current assets29/58€353k€210k▼
Amounts receivable within one year40/41€27k€22k▼
Trade receivables40€23k€21k▼
Other amounts receivable41€4k€1k▼
Current investments50/53€318k€101k▼
Cash at bank and in hand54/58€7k€86k▲
Deferred charges and accrued income490/1€559€1k▲
Equity and liabilities
Total equity and liabilities10/49€7.48M€7.41M▼
Equity10/15€217k€140k▼
Contributions10/11€12k€19k▲
Reserves13€204k€122k▼
Tax-exempt reserves132€21k€21k=
Distributable reserves133€183k€101k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€7.27M€7.27M=
Amounts payable after more than one year17€7.22M€7.21M▼
Financial debts170/4-€81k
Other amounts payable178/9€7.22M€7.13M▼
Amounts payable within one year42/48€25k€62k▲
Current portion of amounts payable after more than one year42-€39k
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€23k€17k▼
Taxes450/3€23k€17k▼
Other amounts payable47/48-€833
Accrued charges and deferred income492/3€25k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€801€4k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€121k€108k▼
Operating profit (loss)9901€119k€102k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€42k€54k▲
Recurring financial charges65€42k€54k▲
Profit (loss) for the period before taxes9903€79k€50k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€55k€33k▼
Transfer from tax-exempt reserves789€11k€0▼
Profit (loss) for the period to be appropriated9905€66k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€33k▼
Transfer from equity791/2-€115k
Transfer to equity691/2€66k€32k▼
To other reserves6921€66k€32k▼
Profit to be distributed694/7-€116k
Return on contributions (dividend)694-€116k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €55k ▲112%
Operating result €119k, net result €55k, both a record.
30-06
Financial
Liquidity times 330current ratio 13.84
Current ratio from 0.04 to 13.84; short-term debt falls from €4.59M to €25k.
30-06
Financial
Equity above €200kEq €217k ▲34.3%
6 profitable years in a row build equity to €217k.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150kEq €161k ▲18.5%
5 profitable years in a row build equity to €161k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 9.49
Current ratio from 3.61 to 9.49; short-term debt falls from €29k to €12k.
30-06
Financial
Equity above €100kEq €109k ▲35.8%
3 profitable years in a row build equity to €109k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2017
Ground area
183 m²
Building footprint
106 m²
Volume, LiDAR
1,073 m³
Parcel 31805E0821/00C003, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VTBM
since 20172.263.070.673
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0821/00C003 | Flanders | 183 m² | 1 · 106 m² | 16.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,867 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2017
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.