VSM-VDP
ActiveVSM-VDP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 25% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-9
Solvency48▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.15 in 2024; short-term debt: 9.4% and cash: 2.1% of total assets), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.8%
Return on assets
-4%
Age of the figures
18 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
21 d early
2024
on the day
2023
4 d early
2022
3 d early
2021
37 d early
2020
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 14.8%
2024 · €47k
2020: €47k
2021: €50k
2022: €51k
2023: €52k
2024: €47k
2020 → 2025
Total assets
€177k▼ 9.9%
2024 · €197k
2020: €197k
2021: €226k
2022: €215k
2023: €212k
2024: €197k
2020 → 2025
Net result
€-7k▼ 61.0%
2024 · €-4k
2020: €4k
2021: €2k
2022: €931
2023: €1k
2024: €-4k
2020 → 2025
Working capital
€-2k
2024 · €2k
2020: €-15k
2021: €7k
2022: €11k
2023: €4k
2024: €2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€51k▲ 1.9%€52k▲ 2.3%€47k▼ 8.4%€40k▼ 14.8%
Operating result€7k-€6k▼ 23.5%€6k▲ 12.9%€-482€-3k▼ 571%
Net result€2k-€931▼ 58.6%€1k▲ 26.6%€-4k€-7k▼ 61.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €482 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€162k▼ 8.5%
Current assets
€15k▼ 22.4%
Equity and liabilities €177k
Equity
€40k▼ 14.8%
Debt
€137k▼ 8.4%
The debt ratio rises from 75.9% to 77.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▼
2024 · €15k
Cash flow
€8k▼
2024 · €12k
Solvency
22.8%▼
2024 · 24.1%
Current ratio
0.90▼
2024 · 1.15
Quick ratio
0.90▼
2024 · 1.15
Debt / equity
3.38▲
2024 · 3.15
ROE
-17.3%▼
2024 · -9.2%
ROA
-4.0%▼
2024 · -2.2%
Interest coverage
3.00▼
2024 · 3.80
Debt
€137k▼
2024 · €150k
Debt ≤ 1 year
€17k▼
2024 · €17k
Debt > 1 year
€119k▼
2024 · €130k
Income taxes
€0▼
2024 · €6
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€197k€177k▼
Formation expenses20€760€592▼
Fixed assets21/28€177k€162k▼
Tangible fixed assets22/27€177k€162k▼
Land and buildings22€165k€155k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€19k€15k▼
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40€4k€6k▲
Other amounts receivable41€84€41▼
Current investments50/53€9k€3k▼
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€197k€177k▼
Equity10/15€47k€40k▼
Contributions10/11€44k€44k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-4k€-11k▼
Amounts payable17/49€150k€137k▼
Amounts payable after more than one year17€130k€119k▼
Financial debts170/4€130k€119k▼
Other amounts payable178/9€225€375▲
Amounts payable within one year42/48€17k€17k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€34€52▲
Credit institutions430/8€34€52▲
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€291€632▲
Taxes450/3€291€632▲
Other amounts payable47/48€2k€1k▼
Accrued charges and deferred income492/3€2k€905▼
Income statement
Code20242025
Non-recurring operating income76A-€424
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€17k€13k▼
Operating profit (loss)9901€-482€-3k▼
Financial income75/76B€200€53▼
Recurring financial income75€200€53▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-4k€-7k▼
Income taxes67/77€6€0▼
Profit (loss) for the period9904€-4k€-7k▼
Profit (loss) for the period to be appropriated9905€-4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-11k▼
Profit (loss) brought forward from the previous period14P-€-4k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (9 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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 1.52
Current ratio from 0.59 to 1.52; short-term debt falls from €38k to €14k.
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
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, Oudenaarde · 1 establishment unit since 2018
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.
Berchemweg 1909700 OudenaardeGround area
393 m²
Building footprint
94 m²
Volume, LiDAR
1 m³
Parcel 45023A0423/00D002, Flanders · tallest building 0.8 m. Linked by address, not a title deed.
1 establishment unit
"Groepspraktijk Movimento"; "Movimento design"
since 20182.277.925.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A0423/00D002 | Flanders | 393 m² | 1 · 94 m² | 0.8 m |
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 5,691 companies in sector 70100 we hold annual accounts for 3,489. 1,951 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2018
Fiscal year end31-03
Trade name NL
"Groepspraktijk Movimento"; "Movimento design"
Activities, NACEBEL
70100Activities of head offices
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.