NORMAL SITUATION

VMS Projects

Financial year 2025 · closed on 30/09/2025
Net result
-3,3 k €
-104.0% YoY
Gross margin
1,5 k €
-98.8% YoY
Equity
238,2 k €
-1.4% YoY

Company — Normal situation.

What does VMS Projects do?

VMS Projects is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0759.382.019
Legal form
Private limited company
Contributed capital
2 000,00 €
Latest accounts
30/09/2025
Signals
Solid equityGood liquidityPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin1,5 k €122,5 k €-11,5 k €271,7 k €
EBITDA999,2 €122,4 k €-11,6 k €271,5 k €
Operating result-1,4 k €119,2 k €-14,8 k €269,5 k €
Net result-3,3 k €82 k €-17,3 k €174,8 k €
Balance sheet
Equity238,2 k €241,5 k €159,5 k €176,8 k €
Total assets257,2 k €394,9 k €221,8 k €445,8 k €
Cash128,7 k €178,4 k €178,2 k €409,3 k €
Debts18,9 k €153,4 k €62,3 k €269 k €
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 1 ended

Active mandates

Frank Smolders

Manager

Active

Ended mandates

Frank SMOLDERS

Director

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202203/12/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/2022
Length of the financial year12 months12 months12 months22 months
Filing date11/02/202613/03/202526/04/202413/04/2023
General meeting09/02/202607/03/202501/03/202431/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202509/02/202611/02/2026DutchPDF
Abridged model30/09/202407/03/202513/03/2025DutchPDF
Abridged model30/09/202301/03/202426/04/2024DutchPDF
Abridged model30/09/202231/03/202313/04/2023DutchPDF
Estimate

Indicative valuation

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 30/09/2025 · 1 active · 1 ended

Active mandates

Frank Smolders

Manager

Active

Ended mandates

Frank SMOLDERS

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3,3 k €
  2. 2024
    Annual accounts 202482 k €
  3. 2023
    Annual accounts 2023-17,3 k €
  4. 2022
    Annual accounts 2022174,8 k €