ICN VAMS
ActiveFrom the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ICN VAMS is 2.2% (moderate). The 2024 annual accounts show negative equity (-€2.0m) and a net result of -€37,536. Equity has been shrinking by about 53% per year since 2019. Its solvency ranks better than 8% of 4,796 sector peers (NACE 68, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 15-10-2018 Normal situation
- Registered office
- 182 active companies are registered at this address 11 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Development of residential building projects NACE 68121and 5 others
- Establishment unit
- 2.281.200.072 1000 Brussel, since 15-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- €789,902
- ▲ 14×
- Turnover
- ≈ €1.4m
- estimated
- Loss
- €37,536
- ▼ 92.1%
- Equity
- -€2.0m
- ▼ 1.9%
- Total assets
- €9.7m
- ▼ 9.7%
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)Liquidity: current ratio 4.75, cash €23,9111 financial year not filed after the legal deadline; last filed accounts filed 29 days late; 1 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 3% of them on solvency, 39% on liquidity, 32% on profitability and 35% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 33 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2024 -€2.0m View
- Risk: 6 loss-making years in a rowloss in financial year 2024 -€37,536 View
- Positive: Result rose in 2024from -€473,707 to -€37,536 ▲ 92.1% View
- Caution: Less equity than 95% of companies in real estatesector median €525,862 · 4,797 companies -€2.0m View
Comparable companies
These companies have the same main activity as ICN VAMS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €8.1m and €10m, founded between 2018 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| ICN VAMS Brussel | €9.7m | €0.8m |
| ICN BB2990 Brussel | €9.7m | €0.6m |
| R&B Food Immo Beringen | €9.3m | €0.8m |
| BRUSSELS DEVELOPMENT COMPANY Brugge | €8.4m | €1.0m |
| IMMO GPI Namur | €10.3m | €1.5m |
| ALIVNEST Elsene | €8.1m | €0.5m |
| MARTRICK PROJECTS Knokke-Heist | €8.2m | €0.4m |
Documents
Annual accounts at the NBB
- Annual accounts 2024filed on 29-08-2025
- Annual accounts 2023filed on 20-08-2024
- Annual accounts 2022filed on 24-10-2023
- Annual accounts 2021filed on 29-07-2022
Acts in the Belgian Official Gazette
- Amendment of the articles · Legal-form change · Resignations & appointmentsact of 26-06-2024
- Registered officeact of 03-06-2024
- Resignations & appointmentsact of 30-05-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0711.710.675
Key facts about ICN VAMS
- What is the company number of ICN VAMS?
- The company number of ICN VAMS is 0711.710.675. The VAT number is the same number with BE in front: BE 0711.710.675.
- Where is ICN VAMS based?
- The registered office is at Joseph Stevensstraat 7, 1000 Brussel.Company details
- What does ICN VAMS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of ICN VAMS?
- The legal form of ICN VAMS is Private limited company (BV).
- When was ICN VAMS founded?
- ICN VAMS was founded on 15-10-2018.
- Is ICN VAMS still active?
- Yes, ICN VAMS is an active enterprise in the KBO register.
- What is the turnover of ICN VAMS?
- The turnover in financial year 2024 is ≈ €1.4m. This figure is estimated from the gross margin of €789,902 and 42 comparable companies (NACE 681). It probably lies between €1.1m and €2.3m.Financials
- Is ICN VAMS profitable?
- In financial year 2024, ICN VAMS made a loss of €37,536.
- Where can I find the annual accounts of ICN VAMS?
- ICN VAMS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)
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