Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
VDEM & Co from Merchtem, company number BE0524911936, closed financial year 2024 with a result of € -20,518 after tax. For that financial year VDEM & Co recorded revenue of € 0 and equity of € 8,984. Compared with financial year 2023, the result moved from € -21,601 to € -20,518. The company made a loss. The buffer shrank hard: equity is 70 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2025.
€ 8,984
▼ 70% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,518
▲ 5 % less loss than in 2023
Profit after tax over the fiscal year.
€ 732
▼ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9,616.
People and assets in 2024
€ 829
▲ 282% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 6,140
▲ € 5,627 vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 62,194 | € 98,058 | € 45,500 | € 0 | ▼ 100% |
| Gross margin | € 9,630 | € 19,825 | € -19,423 | € -15,494 | ▲ € 3,929 |
| Profit after taxes | € 8,963 | € 19,650 | € -21,601 | € -20,518 | ▲ € 1,083 |
| Equity | € 31,452 | € 51,103 | € 29,502 | € 8,984 | ▼ 70% |
| Total debts | € 775 | € 47,500 | € 81,293 | € 6,991 | ▼ 91% |
| Cash | € 14,645 | € 5,286 | € 886 | € 732 | ▼ 17% |
| Retained profit | € 12,852 | € 32,503 | € 10,902 | € -9,616 | ▼ € 20,518 |
| Balance sheet total | € 32,228 | € 98,603 | € 110,795 | € 15,975 | ▼ 86% |
Key figures of VDEM & Co, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VDEM & Co?
What happened at VDEM & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 20,518. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merchtem. KBO
In short
From € 8,963 profit in 2021 to € 20,518 loss in 2024.
Paid € 6,109 in corporate taxes since 2021.
Best year ever: 2022, with € 19,650 profit.
Establishments
Establishment units
Physical locations of this company
Nieuwelaan 155
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0524.911.936
- VAT number
- BE 0524.911.936
- Registered office
- Nieuwelaan 155, 1785 Merchtem
- Names & denominations
- VDEM & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 28 March 2013
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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