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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
Financials
Financial year 2025
VM+ from Moorslede, company number BE0686893523, closed financial year 2025 with a result of € -8,126 after tax. For that financial year VM+ recorded a gross margin of € 15,537 and equity of € -5,957. Compared with financial year 2024, the result moved from € 30,751 to € -8,126. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -5,957
▼ € 8,126 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,126
▼ still € 30,751 profit in 2024
Profit after tax over the fiscal year.
€ 24,918
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,357.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 17,456
▼ 76% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,944
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 14,532
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17
▼ 99% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,057 | € 42,307 | € 122,434 | € 15,537 | ▼ 87% |
| Profit after taxes | € -9,596 | € -36,813 | € 30,751 | € -8,126 | ▼ € 38,877 |
| Equity | € 8,230 | € -28,583 | € 2,169 | € -5,957 | ▼ € 8,126 |
| Total debts | € 117,923 | € 162,310 | € 118,973 | € 120,238 | ▲ 1% |
| Cash | € 11,605 | € 11,015 | € 22,838 | € 24,918 | ▲ 9% |
| Land & buildings | € 6,324 | € 5,972 | € 5,621 | € 5,270 | ▼ 6% |
| Retained profit | € -4,170 | € -40,983 | € -10,231 | € -18,357 | ▼ € 8,126 |
| Balance sheet total | € 126,153 | € 133,728 | € 121,141 | € 114,281 | ▼ 6% |
Key figures of VM+, 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+?
What happened at VM+ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,126 (▼ € 38,877 vs 2024). filed late Source: NBB ↗
- New establishment in Moorslede. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,596 loss in 2022 to € 8,126 loss in 2025.
Best year ever: 2024, with € 30,751 profit.
Management
Behind VM+ is Giovanni Vanneste.
Directors
According to the 2025 annual accounts
Giovanni Vanneste
Director
Establishments
Establishment units
Physical locations of this company
Mgr. Cardijnlaan 63
8890 Moorslede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0686.893.523
- VAT number
- BE 0686.893.523
- Registered office
- Mgr. Cardijnlaan 63, 8890 Moorslede
- Names & denominations
- VM+
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2017
- Peppol
- Active · Active since 4 Jul 2025
- Activities · NACE
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