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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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VVM Kortrijk from Tielt, company number BE0568636665, closed financial year 2025 with a result of € -103,233 after tax. For that financial year VVM Kortrijk recorded a gross margin of € 134,153 and equity of € 77,368. Compared with financial year 2024, the result moved from € 93,265 to € -103,233. The company made a loss. The buffer shrank hard: equity is 57 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 77,368
▼ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -103,233
▼ still € 93,265 profit in 2024
Profit after tax over the fiscal year.
€ 64,724
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 58,768.
People and assets in 2025
3.1
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 177,125
▼ 3% vs 2024
€ 57,100 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.
€ 8,224
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 137,501
▼ 60% vs 2024
€ 39,446 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 279,462
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,125
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 228,941 | € 554,771 | € 363,752 | € 134,153 | ▼ 63% |
| Profit after taxes | € 54,558 | € 275,952 | € 93,265 | € -103,233 | ▼ € 196,499 |
| Equity | € 180,940 | € 200,618 | € 180,601 | € 77,368 | ▼ 57% |
| Total debts | € 636,019 | € 546,022 | € 688,185 | € 460,187 | ▼ 33% |
| Cash | € 86,749 | € 47,676 | € 126,198 | € 64,724 | ▼ 49% |
| Land & buildings | € 600,181 | € 523,074 | € 488,840 | € 244,228 | ▼ 50% |
| Retained profit | € 162,340 | € 180,158 | € 162,001 | € 58,768 | ▼ 64% |
| Dividend | € 36,000 | € 256,274 | € 113,282 | € 0 | ▼ 100% |
| Bank debt | € 535,296 | € 180,952 | € 343,647 | € 137,501 | ▼ 60% |
| Balance sheet total | € 816,959 | € 746,640 | € 868,786 | € 537,555 | ▼ 38% |
| Employees (FTE) | - | - | 3.3 | 3.1 | ▼ 0.2 |
Key figures of VVM Kortrijk, 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 VVM Kortrijk?
What happened at VVM Kortrijk in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 103,233 (▼ € 196,499 vs 2024). Source: NBB ↗
- VVM Master BV became a director. NBB
- New establishment in Harelbeke. KBO
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,558 profit in 2022 to € 103,233 loss in 2025.
Paid € 127,361 in corporate taxes since 2022.
Best year ever: 2023, with € 275,952 profit.
On average € 43,300 of value added per employee in 2025.
Management
The stake of VVM Master comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VVM KortrijkBehind VVM Kortrijk is VVM Master BV. The shares are held by VVM Master (100%).
Directors
According to the 2025 annual accounts
Director · represented by Vlaemynck Karel
Also active at: VVM WESTKUST, VVM Westhoek, VVM TIELT
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Janstraat 185
8700 Tielt
Vierkeerstraat(H) 2 box 2
8551 Zwevegem
Active since 13 January 2015
Bavikhoofsestraat 87
8531 Harelbeke
Active since 15 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →MANITOBA - MUYLLE
€ -3,571 gross margin · 2025
DE SNEPPE
HULLYNCK
€ 681,856 gross margin · 2025
CASTRA
€ 23,369 gross margin · 2025
Spartathlon and more
€ 5,668 gross margin · 2025
+29 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
KINAMO-BACKBONE, BE
Website info
Features
Security
Details
- Company number
- 0568.636.665
- VAT number
- BE 0568.636.665
- Registered office
- Sint-Janstraat 185, 8700 Tielt
- Names & denominations
- VVM Kortrijk · RESIDA Vastgoed
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2015
- Peppol
- Active · Active since 3 Oct 2025
- Contact
- resida.be 056/98.05.55
- Activities · NACE
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