VVM Master
The computed 12-month bankruptcy probability of VVM Master is 0.8% (low). The 2024 annual accounts show equity of €43k and a net result of €8k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 424 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €43k |
| Net result | €8k |
| Staff (FTE) | 4.1 |
| Better than sector | 17% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.0% | 33.8% | |
| Net result | €8k | €34k | |
| Equity | €43k | €110k | |
| Gross operating margin | €322k | €88k | |
| Staff costs | €208k | €157k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €111k |
| Net profit | €8k |
| Cash flow | €61k |
| Staff costs | €208k |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €2.12M |
| Equity | €43k |
| Debt | €2.08M |
| of which ≤ 1y | €280k |
| of which > 1y | €1.80M |
| Working capital | €173k |
| Employees (FTE) | 4.1 |
| 2024 | |
|---|---|
| Current ratio | 1.62 |
| Quick ratio | 1.62 |
| Working capital ratio | 8.2% |
| Solvency | 2.0% |
| Debt / equity | 47.79 |
| Long-term debt ratio | 41.35 |
| Interest coverage | 1.63 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.4% |
| ROE | 19.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.12M |
| Fixed assets | 21/28 | €1.67M |
| Intangible fixed assets | 21 | €11k |
| Tangible fixed assets | 22/27 | €120k |
| Financial fixed assets | 28 | €1.54M |
| Current assets | 29/58 | €453k |
| Amounts receivable within one year | 40/41 | €339k |
| Cash & bank | 54/58 | €99k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.12M |
| Equity | 10/15 | €43k |
| Contributions / capital | 10/11 | €30k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €2.08M |
| Amounts payable after one year | 17 | €1.80M |
| Amounts payable within one year | 42/48 | €280k |
| Trade debts payable within one year | 44 | €114k |
| Income statement | ||
| Gross operating margin | 9900 | €322k |
| Operating result | 9901 | €59k |
| Financial income | 75 | €25k |
| Financial charges | 65 | €68k |
| Result before taxes | 9903 | €16k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | 82100 |
| Legal form | Private limited company(610) |
| Incorporation | 13-11-2020 |
| Status | Active |
| Postal code | 8700 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0519/00W000 | Flanders | 2,851 m² | 1 · 848 m² | 15.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-09-2025 2 resigning
- Nideclan Comm.V, Bestuurder
- Karel Vlaemynck, Bestuurder
Technical details
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}03-05-2022 3 directors appointed, 1 resigning, 1 reappointed
- Nagel Invest Comm.V, Bestuurder
- Ilse Nagel, Vaste vertegenwoordiger
- Karel Viaemynck, Vaste vertegenwoordiger
- Iise Nagel, Bestuurder
- Vlaemynck Invest BV, Bestuurder
Technical details
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"evidence_quote": "De vergadering neemt verder kennis van de beslissing van de bestuurder van voormelde vennootschap om - overeenkomstig artikel 61 \u00A72 van het wetboek van Vennootschappen - Mevr. Ilse Nagel, wonende te 8700 Tielt, Euromarktlaan 6, aan te stellen als vast vertegenwoordiger voor de uitoefening van het be",
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"Bijlagen bij het Belgisch Sta\u00E4ts sblad - 03705/2022 - Annexes du Moniteur be"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VVM Master |