VVM TIELT

Active

Private limited companyfounded 200521 yrs activeSint-Janstraat 185, 8700 Tielt, BelgiumKBO/BCE: BE 0873.352.762

VVM TIELT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Watch Print / PDF

Checked score

Score 2025

56 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability41▼-50

Solvency26▲+2

Growth32=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

0.8%

Return on assets

2.5%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9113 sector peers (2025).

NBB · sector comparison

Position among 9113 sector peers

Solvency

better than 18%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

16 d early

2024

23 d early

2023

5 d early

2022

95 d early

2021

62 d early

2020

61 d late

2019

69 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€3k

2024 · €-7k

2018: €253k 2019: €254k 2020: €258k 2021: €20k 2022: €21k 2023: €-93k 2024: €-7k

2018 → 2025

Total assets

€399k▼ 17.6%

2024 · €484k

2018: €592k 2019: €506k 2020: €622k 2021: €685k 2022: €427k 2023: €340k 2024: €484k

2018 → 2025

Net result

€10k▼ 88.3%

2024 · €86k

2018: €120k 2019: €48k 2020: €171k 2021: €383k 2022: €550 2023: €-113k 2024: €86k

2018 → 2025

Working capital

€126k▲ 12.1%

2024 · €112k

2018: €225k 2019: €218k 2020: €225k 2021: €-25k 2022: €197k 2023: €62k 2024: €112k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€20k-€21k▲ 2.8%€-93k€-7k▲ 92.6%€3k

Operating result€385k-€10k▼ 97.5%€-99k€103k€27k▼ 74.2%

Net result€383k-€550▼ 99.9%€-113k€86k€10k▼ 88.3%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 74% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €399k

95.8%

Fixed assets €17k▲ 8.1%

Current assets €382k▼ 18.4%

Equity and liabilities €399k

99.2%

Equity €3k

Debt €396k

Debt finances 99.2% of the balance-sheet total.

Key figures and ratios

2025 value · change against 2024

EBITDA

€33k▼

2024 · €112k

Cash flow

€16k▼

2024 · €95k

Solvency

0.8%▲

2024 · -1.4%

Current ratio

1.49▲

2024 · 1.32

Quick ratio

1.49▲

2024 · 1.32

ROE

314.8%

ROA

2.5%▼

2024 · 17.7%

Interest coverage

2.34▼

2024 · 6.88

Debt

€396k▼

2024 · €491k

Debt ≤ 1 year

€256k▼

2024 · €356k

Debt > 1 year

€139k▲

2024 · €132k

Income taxes

€3k▲

2024 · €682

Staff costs

€103k▲

2024 · €98k

A ratio outside any meaningful range has been withheld (balance sheet total €399k, equity €3k).

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€484k€399k▼

Fixed assets21/28€15k€17k▲

Tangible fixed assets22/27€12k€14k▲

Plant, machinery and equipment23€3k€394▼

Furniture and vehicles24€3k€3k▼

Other tangible fixed assets26€6k€11k▲

Financial fixed assets28€3k€3k=

Current assets29/58€468k€382k▼

Amounts receivable within one year40/41€304k€270k▼

Trade receivables40€304k€270k▼

Other amounts receivable41€0-

Cash at bank and in hand54/58€163k€110k▼

Deferred charges and accrued income490/1€2k€3k▲

Equity and liabilities

Total equity and liabilities10/49€484k€399k▼

Equity10/15€-7k€3k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-27k€-17k▲

Amounts payable17/49€491k€396k▼

Amounts payable after more than one year17€132k€139k▲

Financial debts170/4€0-

Other amounts payable178/9€132k€139k▲

Amounts payable within one year42/48€356k€256k▼

Current portion of amounts payable after more than one year42€223€0▼

Financial debts43€100k€100k=

Credit institutions430/8€100k€100k=

Trade debts44€108k€51k▼

Suppliers440/4€108k€51k▼

Taxes, remuneration and social security45€46k€49k▲

Taxes450/3€33k€34k▲

Remuneration and social security454/9€13k€15k▲

Other amounts payable47/48€103k€55k▼

Accrued charges and deferred income492/3€2k€854▼

Income statement Code20242025

Non-recurring operating income76A-€7k

Remuneration, social security and pensions62€98k€103k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼

Other operating charges640/8€4k€4k▼

Non-recurring operating charges66A€0-

Gross operating margin9900€214k€140k▼

Operating profit (loss)9901€103k€27k▼

Financial charges65/66B€16k€14k▼

Recurring financial charges65€16k€14k▼

Profit (loss) for the period before taxes9903€86k€13k▼

Income taxes67/77€682€3k▲

Profit (loss) for the period9904€86k€10k▼

Profit (loss) for the period to be appropriated9905€86k€10k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-27k€-17k▲

Profit (loss) brought forward from the previous period14P€-113k€-27k▲

Social balance

Average headcount (FTE)90871.71.8▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

08-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Back to profitnet €86k

Net result €86k after one loss-making year.

26-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €-113k ▼20657%

Net result drops to €-113k, the lowest in the series; recovery starts the following year.

27-04

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Liquidity doublescurrent ratio 2.00

Current ratio from 0.96 to 2.00; short-term debt falls from €654k to €196k.

30-05

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Highest result since 2018net €383k ▲125%

Operating result €385k, net result €383k, both a record.

30-09

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 61 days late

2020

08-10

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 69 days late

2019

30-08

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 30 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 30 days late

2017

23-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 23 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

7 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, Tielt · 2 establishment units since 2005

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Sint-Janstraat 1858700 Tielt

Ground area

4,006 m²

Building footprint

1,623 m²

Volume, LiDAR

14,685 m³

2 parcels, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

VLAEMYNCK VASTGOEDMANAGEMENT

Sint-Janstraat 185, 8700 TieltNACE 70120

since 20052.146.639.989

Vlaemynck Vastgoed Management

Keukeldam 31, 8790 WaregemReal estate development

since 20212.324.654.587

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37302E0519/00W000	Flanders	2,851 m²	1 · 848 m²	15.2 m · 3 fl.
34040C0911/00D000 ProtectedTownscape or village viewKasteeldomein CasierSource ↗	Flanders	1,155 m²	1 · 775 m²	16.9 m · 2 fl.