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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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VMCO from Kuurne, company number BE0818291604, closed financial year 2025 with a result of € 111,013 after tax. For that financial year VMCO recorded a gross margin of € 250,654 and equity of € 824,683. Compared with financial year 2024, the result moved from € 104,402 to € 111,013. Profitable, and profit is growing. 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 December 2, 2025.
€ 824,683
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,013
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 72,467
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 148,704 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 145,594
▲ 7% 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.
€ 53,824
▲ € 53,035 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,289
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,339 | € 301,159 | € 288,018 | € 250,654 | ▼ 13% |
| Profit after taxes | € 71,532 | € 199,314 | € 104,402 | € 111,013 | ▲ 6% |
| Equity | € 787,535 | € 891,370 | € 881,394 | € 824,683 | ▼ 6% |
| Total debts | € 702,973 | € 408,045 | € 556,360 | € 398,234 | ▼ 28% |
| Cash | € 367,182 | € 61,633 | € 251,491 | € 72,467 | ▼ 71% |
| Land & buildings | € 434,861 | € 217,009 | € 557,253 | € 526,341 | ▼ 6% |
| Retained profit | € 781,335 | € 885,170 | € 875,194 | € 818,483 | ▼ 6% |
| Dividend | € 361,158 | € 95,479 | € 123,888 | € 148,704 | ▲ 20% |
| Balance sheet total | € 1,540,188 | € 1,387,103 | € 1,510,914 | € 1,313,277 | ▼ 13% |
Key figures of VMCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VMCO?
What happened at VMCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,013 (▲ 6% vs 2024). Source: NBB ↗
- New establishment in Kuurne. KBO
- Steven Vandenbogaerde became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 71,532 profit in 2022 to € 111,013 profit in 2025.
Paid € 168,426 in corporate taxes since 2022.
Best year ever: 2023, with € 199,314 profit.
Paid out € 729,229 in dividends to the owners in total.
A new publication or filing at VMCO? 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
Behind VMCO is Steven Vandenbogaerde. Steven Vandenbogaerde is also behind Studio Aperi Negotium and Quest2Invest.
Directors
According to the 2025 annual accounts
since 2009
Establishments
Establishment units
Physical locations of this company
Molenstraat 8
8520 Kuurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0818.291.604
- VAT number
- BE 0818.291.604
- Registered office
- Molenstraat 8, 8520 Kuurne
- Names & denominations
- VMCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 September 2009
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van hoofdkantoren
Detailhandel in wijnen en geestrijke dranken