VSM is a heating and ventilation installer in Zoutleeuw. Private Limited, started on 20 August 2021, 1 establishment.

What is the address of VSM?

The registered office of VSM is located at Terhagenstraat 19A, 3440 Zoutleeuw.

Yes. According to the CBE (16 September 2026) VSM is active, legal situation “Normale toestand”, started on 20 August 2021.

Is VSM registered on Peppol?

Yes, VSM is registered on the Peppol network with ID 0208:0772707344.

What is the enterprise number of VSM?

The enterprise number of VSM is BE0772707344.

When was VSM founded?

VSM was founded on 20 August 2021.

Who are the directors of VSM?

According to the 2025 annual accounts, the directors of VSM are: Marco Fosse.

Is VSM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 August 2021; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did VSM make in 2025?

VSM posted a profit after taxes of € 1,431 in financial year 2025.

What is the revenue of VSM?

As a small company, VSM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 45,343.

VSM (Private Limited) - Zoutleeuw - BE0772707344

Dossier VSM, printed on 16 September 2026 from databakkes.be/en/0772707344/vsm. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VSM from Zoutleeuw, company number BE0772707344, closed financial year 2025 with a result of € 1,431 after tax. For that financial year VSM recorded a gross margin of € 45,343 and equity of € 110,116. Compared with financial year 2024, the result moved from € 32,198 to € 1,431. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Healthy

€ 110,116

▼ 45% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1,431

▼ 96% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 73,727

▼ 7% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 90,317 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 69,551

▼ 30% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 44,099

▼ 31% vs 2024

€ 20,906 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 22,913

▼ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 146,973 Gross margin 2022: € 146,973 First fiscal year in the series	€ 90,041 Gross margin 2023: € 90,041 ▼ 39% vs 2022 (€ 146,973) Unfavourable step	€ 76,072 Gross margin 2024: € 76,072 ▼ 16% vs 2023 (€ 90,041) Unfavourable step	€ 45,343 Gross margin 2025: € 45,343 ▼ 40% vs 2024 (€ 76,072) Unfavourable step	▼ 40%
Profit after taxes	€ 108,745 Profit after taxes 2022: € 108,745 First fiscal year in the series	€ 53,858 Profit after taxes 2023: € 53,858 ▼ 50% vs 2022 (€ 108,745) Unfavourable step	€ 32,198 Profit after taxes 2024: € 32,198 ▼ 40% vs 2023 (€ 53,858) Unfavourable step	€ 1,431 Profit after taxes 2025: € 1,431 ▼ 96% vs 2024 (€ 32,198) Unfavourable step	▼ 96%
Equity	€ 112,945 Equity 2022: € 112,945 First fiscal year in the series	€ 166,804 Equity 2023: € 166,804 ▲ 48% vs 2022 (€ 112,945) Favourable step	€ 199,002 Equity 2024: € 199,002 ▲ 19% vs 2023 (€ 166,804) Favourable step	€ 110,116 Equity 2025: € 110,116 ▼ 45% vs 2024 (€ 199,002) Unfavourable step	▼ 45%
Total debts	€ 116,599 Total debts 2022: € 116,599 First fiscal year in the series	€ 59,012 Total debts 2023: € 59,012 ▼ 49% vs 2022 (€ 116,599) Favourable step	€ 114,302 Total debts 2024: € 114,302 ▲ 94% vs 2023 (€ 59,012) Unfavourable step	€ 90,443 Total debts 2025: € 90,443 ▼ 21% vs 2024 (€ 114,302) Favourable step	▼ 21%
Cash	€ 108,011 Cash 2022: € 108,011 First fiscal year in the series	€ 30,889 Cash 2023: € 30,889 ▼ 71% vs 2022 (€ 108,011) Unfavourable step	€ 79,116 Cash 2024: € 79,116 ▲ 156% vs 2023 (€ 30,889) Favourable step	€ 73,727 Cash 2025: € 73,727 ▼ 7% vs 2024 (€ 79,116) Unfavourable step	▼ 7%
Retained profit	€ 107,945 Retained profit 2022: € 107,945 First fiscal year in the series	€ 161,804 Retained profit 2023: € 161,804 ▲ 50% vs 2022 (€ 107,945) Favourable step	€ 194,002 Retained profit 2024: € 194,002 ▲ 20% vs 2023 (€ 161,804) Favourable step	€ 105,116 Retained profit 2025: € 105,116 ▼ 46% vs 2024 (€ 194,002) Unfavourable step	▼ 46%
Dividend	€ 800 Dividend 2022: € 800 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 800) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 90,317 Dividend 2025: € 90,317 Unchanged (€ 0) Unchanged
Bank debt	€ 45,046 Bank debt 2022: € 45,046 First fiscal year in the series	€ 36,296 Bank debt 2023: € 36,296 ▼ 19% vs 2022 (€ 45,046) Favourable step	€ 64,327 Bank debt 2024: € 64,327 ▲ 77% vs 2023 (€ 36,296) Unfavourable step	€ 44,099 Bank debt 2025: € 44,099 ▼ 31% vs 2024 (€ 64,327) Favourable step	▼ 31%
Balance sheet total	€ 229,544 Balance sheet total 2022: € 229,544 First fiscal year in the series	€ 225,815 Balance sheet total 2023: € 225,815 ▼ 2% vs 2022 (€ 229,544) Unchanged	€ 313,304 Balance sheet total 2024: € 313,304 ▲ 39% vs 2023 (€ 225,815) Unchanged	€ 200,559 Balance sheet total 2025: € 200,559 ▼ 36% vs 2024 (€ 313,304) Unchanged	▼ 36%

Key figures of VSM, 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 VSM?

What happened at VSM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 28, 2026 New annual accounts for financial year 2025: profit of € 1,431 (▼ 96% vs 2024). filed late Source: NBB ↗
Aug 20, 2021 New establishment in Zoutleeuw. KBO
Aug 20, 2021 Start of the company according to the CBE. KBO

In short

From € 108,745 profit in 2022 to € 1,431 profit in 2025.

Paid € 46,228 in corporate taxes since 2022.

Best year ever: 2022, with € 108,745 profit.

Paid out € 91,117 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at VSM? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Marco Fosse

VSM

Behind VSM is Marco Fosse.

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Directors

According to the 2025 annual accounts

Marco Fosse

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Terhagenstraat 19A

3440 Zoutleeuw

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0772.707.344

VAT number

BE 0772.707.344

Registered office

Terhagenstraat 19A, 3440 Zoutleeuw

Names & denominations

VSM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

20 August 2021

Peppol

Active · Active since 26 Jun 2024

Activities · NACE

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Algemene elektrotechnische installatiewerken

Overige gespecialiseerde bouwactiviteiten, neg

Sanitaire werkzaamheden

Verhuur en lease van caravans en motorhomes

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

VSM