Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VM INVEST from Zele, company number BE0418701587, closed financial year 2025 with a result of € 29.8 million after tax. For that financial year VM INVEST recorded revenue of € 2.7 million and equity of € 508.6 million. Compared with financial year 2024, the result moved from € 8.4 million to € 29.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 508.6 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29.8 million
▲ 254% vs 2024
Profit after tax over the fiscal year.
€ 16,851
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 248.6 million.
People and assets in 2025
10.7
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 13% vs 2024
€ 107,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 24 million
▼ 4% vs 2024
Of which on lease € 23.4 million.
Debts at end 2025
€ 107.1 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 1.9 million
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 160 days on average.
€ 436,019
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,808,308 | € 1,894,330 | € 2,449,791 | € 2,662,815 | ▲ 9% |
| Profit after taxes | € 20,677,382 | € 6,257,041 | € 8,427,813 | € 29,811,145 | ▲ 254% |
| Equity | € 464,116,749 | € 470,373,790 | € 478,801,603 | € 508,612,748 | ▲ 6% |
| Total debts | € 283,631,064 | € 265,316,085 | € 224,727,953 | € 206,891,658 | ▼ 8% |
| Cash | € 18,513 | € 692,933 | € 18,970 | € 16,851 | ▼ 11% |
| Land & buildings | € 30,132,142 | € 36,961,988 | € 37,429,465 | € 43,491,962 | ▲ 16% |
| Retained profit | € 204,059,454 | € 210,316,495 | € 218,744,308 | € 248,555,453 | ▲ 14% |
| Bank debt | € 128,345,228 | € 117,381,969 | € 104,305,055 | € 107,131,890 | ▲ 3% |
| Balance sheet total | € 747,747,813 | € 735,689,875 | € 703,529,555 | € 715,504,405 | ▲ 2% |
| Employees (FTE) | 9.7 | 9.5 | 10.8 | 10.7 | ▼ 0.1 |
Key figures of VM INVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VM INVEST?
What happened at VM INVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Justine Van Malderen stepped down as director. NBB
- Jules Van Malderen stepped down as director. NBB
- Bartje Van Malderen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 29.8 million (▲ 254% vs 2024). Source: NBB ↗
- New establishment in Zele. KBO
- Start of the company according to the CBE. KBO
In short
From € 20.7 million profit in 2022 to € 29.8 million profit in 2025.
Paid € 14,283 in corporate taxes since 2022.
Best year ever: 2025, with € 29.8 million profit.
Pays suppliers within 160 days on average.
A new publication or filing at VM INVEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of VM Invest Peninsular SL, 100% of Hastal Apartments, s.r.o., 100% of Mezzaluna, 100% of VM Invest CZ, s.r.o., 75% of Drylock Technologies and 19.2% of Lillydoo GMBH itself.
Directors
According to the 2025 annual accounts
Justine Van Malderen
Director
· until 2031
Jules Van Malderen
Director
· until 2031
Bartje Van Malderen
Managing director
Also active at: LVM & family, Drylock Technologies, Merito Vlaanderen, MEZZALUNA, VYNKA PLUS RU, VGP
· until 2031
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat 12
9240 Zele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →LVM & family same network
€ -659,941 gross margin · 2025
Drylock Technologies same network
€ 14.1 million revenue · 2025
BDCI
Alvan
Fontis
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0418.701.587
- VAT number
- BE 0418.701.587
- Registered office
- Spinnerijstraat 12, 9240 Zele
- Names & denominations
- VM INVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 1978
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- vminvest.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen