ACTIVE

VM Boringen

Financial year 2024 · closed on 31/12/2024
Net result
-117 k €
-257.7% YoY
Gross margin
1,2 M €
+15.2% YoY
Equity
19,1 k €
+129.9% YoY
Workforce
12,8 ETP
+33.3% YoY

What does VM Boringen do?

VM Boringen is a Private limited company incorporated in 2018. Its registered office is in Arendonk. It employs on average 12,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0707.657.164
Incorporation
02/10/2018
Legal form
Private limited company
Registered office
Hoge Mauw 1326
2370 Arendonk · FlandreSee on map
Contributed capital
218 600,00 €
Latest accounts
31/12/2024
Average workforce
12,8 ETP
Joint committees (2)
  • 1240
  • 2000
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2024202320222021
Income statement
Gross margin1,2 M €1 M €808,9 k €273,2 k €
EBITDA288 k €378 k €326,7 k €-21,2 k €
Operating result-42,4 k €131,5 k €78,1 k €-257,4 k €
Net result-117 k €74,2 k €50,6 k €-271 k €
Balance sheet
Equity19,1 k €-63,9 k €-138,1 k €-188,6 k €
Total assets2,6 M €2 M €1,5 M €1,3 M €
Cash153,8 k €188,6 k €34,7 k €544,5 €
Debts2,6 M €2,1 M €1,6 M €1,4 M €
Other
Workforce12,8 ETP9,6 ETP7,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

SOLARPRO

Manager · since 02 octobre 2018 · 0810.703.630

Represented by Van MECHGELEN - CLAESSEN JORIS

Active
VAN MECHGELEN PIETER

Manager · since 02 octobre 2018 · 0808.091.954

Represented by Van MECHGELEN-CLAESSEN PIETER

Active

Ended mandates

SOLARPRO

Director · since 02 octobre 2018 · 0810.703.630

Represented by Van MECHGELEN - CLAESSEN JORIS

Ended
VAN MECHGELEN PIETER

Director · since 02 octobre 2018 · 0808.091.954

Represented by Van MECHGELEN-CLAESSEN PIETER

Ended
SOLARPRO

Director · 0810.703.630

Represented by Van Mechgelen - Claessen Joris

Ended
SOLARPRO

Manager · 0810.703.630

Represented by Van Mechgelen - Claessen Joris

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/10/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date29/09/202517/10/202402/10/202325/07/202201/04/202111/09/2020
General meeting19/06/202530/09/202415/06/202330/06/202201/04/202118/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202419/06/202529/09/2025DutchPDF
Abridged model31/12/202330/09/202417/10/2024DutchPDF
Abridged model31/12/202215/06/202302/10/2023DutchPDF
Micro model31/12/202130/06/202225/07/2022DutchPDF
Micro model31/12/202001/04/202101/04/2021DutchPDF
Micro model31/12/201918/06/202011/09/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 6 ended

Active mandates

SOLARPRO

Manager · since 02 octobre 2018 · 0810.703.630

Represented by Van MECHGELEN - CLAESSEN JORIS

Active
VAN MECHGELEN PIETER

Manager · since 02 octobre 2018 · 0808.091.954

Represented by Van MECHGELEN-CLAESSEN PIETER

Active

Ended mandates

SOLARPRO

Director · since 02 octobre 2018 · 0810.703.630

Represented by Van MECHGELEN - CLAESSEN JORIS

Ended
VAN MECHGELEN PIETER

Director · since 02 octobre 2018 · 0808.091.954

Represented by Van MECHGELEN-CLAESSEN PIETER

Ended
SOLARPRO

Director · 0810.703.630

Represented by Van Mechgelen - Claessen Joris

Ended
SOLARPRO

Manager · 0810.703.630

Represented by Van Mechgelen - Claessen Joris

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/12/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/10/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-117 k €
  2. 2023
    Annual accounts 202374,2 k €
  3. 2022
    Annual accounts 202250,6 k €
  4. 2021
    Annual accounts 2021-271 k €
  5. 02/10/2018
    IncorporationPrivate limited company