VBM
ActiveSummary
VBM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €31k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 6.06 against 57.43 in 2024; short-term debt: 16.3% and cash: 85.5% of total assets), and 18.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
81.2%
Return on assets
22%
Age of the figures
15 mo
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 28-01-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
2 d early
2022
on the day
2021
4 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▲ 27.3%
2024 · €91k
2019: €38k
2020: €51k
2021: €65k
2022: €81k
2023: €97k
2024: €91k
2019 → 2025
Total assets
€143k▲ 53.6%
2024 · €93k
2019: €70k
2020: €90k
2021: €91k
2022: €100k
2023: €107k
2024: €93k
2019 → 2025
Net result
€31k▲ 92.3%
2024 · €16k
2019: €7k
2020: €13k
2021: €15k
2022: €15k
2023: €17k
2024: €16k
2019 → 2025
Working capital
€117k▲ 34.4%
2024 · €87k
2019: €32k
2020: €42k
2021: €61k
2022: €71k
2023: €89k
2024: €87k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€65k-€81k▲ 23.1%€97k▲ 20.8%€91k▼ 6.6%€116k▲ 27.3%
Operating result€23k-€23k▲ 1.9%€24k▲ 4.9%€25k▲ 0.8%€47k▲ 91.8%
Net result€15k-€15k▲ 4.2%€17k▲ 10.7%€16k▼ 2.5%€31k▲ 92.3%
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 risen four years in a row; 2025 is 92% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€2k ▼ 50.3%
Current assets
€141k ▲ 58.1%
Equity and liabilities €143k
Equity
€116k ▲ 27.3%
Debt
€27k ▲ 1,341%
Debt's share of the balance-sheet total rises from 2.0% to 18.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€51k▲
2024 · €29k
Cash flow
€35k▲
2024 · €21k
Current ratio
6.06▼
2024 · 57.43
Debt to equity
0.23▲
2024 · 0.02
ROE
27.1%▲
2024 · 18.0%
ROA
22.0%▲
2024 · 17.6%
Interest coverage
17.90▲
2024 · 9.84
Debt ≤ 1 year
€23k▲
2024 · €2k
Income taxes
€13k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€93k€143k▲
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Land and buildings22€3k€0▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€1k€747▼
Current assets29/58€89k€141k▲
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€2k€12k▲
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€79k€122k▲
Deferred charges and accrued income490/1€309€37▼
Equity and liabilities
Total equity and liabilities10/49€93k€143k▲
Equity10/15€91k€116k▲
Contributions10/11€6k€6k=
Reserves13€85k€109k▲
Distributable reserves133€85k€109k▲
Profit (loss) carried forward14€165€165=
Amounts payable17/49€2k€27k▲
Amounts payable within one year42/48€2k€23k▲
Trade debts44€0€15k▲
Suppliers440/4€0€15k▲
Taxes, remuneration and social security45€1k€7k▲
Taxes450/3€1k€7k▲
Other amounts payable47/48€113€1k▲
Accrued charges and deferred income492/3€311€4k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€532€515▼
Non-recurring operating charges66A€0€356▲
Gross operating margin9900€30k€52k▲
Operating profit (loss)9901€25k€47k▲
Financial income75/76B€10-
Recurring financial income75€10-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€22k€44k▲
Income taxes67/77€5k€13k▲
Profit (loss) for the period9904€16k€31k▲
Profit (loss) for the period to be appropriated9905€16k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€32k▲
Profit (loss) brought forward from the previous period14P€165€165=
Transfer from equity791/2-€7k
Transfer to equity691/2€16k€31k▲
To other reserves6921€16k€31k▲
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (8 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €31k ▲92.3%
Operating result €47k, net result €31k, both a record.
30-06
Financial
Equity above €100kEq €116k ▲27.3%
7 profitable years in a row build equity to €116k.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity times 5current ratio 57.43
Current ratio from 11.09 to 57.43; short-term debt falls from €9k to €2k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity doublescurrent ratio 11.09
Current ratio from 5.28 to 11.09; short-term debt falls from €17k to €9k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zonhoven · 1 establishment unit since 2016
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.
Betteshof 23520 ZonhovenGround area
736 m²
Building footprint
132 m²
Volume, LiDAR
756 m³
Parcel 71066B0178/00C002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INSTALLATIETECHNIEKEN VBM
since 20162.257.477.337
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71066B0178/00C002 | Flanders | 736 m² | 1 · 132 m² | 8.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 415 EUR awarded · 309 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 213 EUR | 107 EUR |
| 2024 | 1 | 108 EUR | 108 EUR |
| 2023 | 1 | 94 EUR | 94 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
BUILDINGS RENOVATION & SERVICING
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BE 1006.280.176
Wuustwezel · Eq €116,290
INSTALLATIONS CHIODO FRANCOIS
BE 0842.365.024
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NEW MIRANDA
BE 0832.069.265
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NICOLAS STOUFFS
BE 0792.716.563
Brussel · Eq €118,830
Of 887 companies in sector 33110 we hold annual accounts for 440. 338 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2016
Fiscal year end30-06
Trade name NL
Installatietechnieken VBM
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.