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VAARMEESTER

Active
Private limited companyfounded 2006active for 20 yearsKouterweg 112, 8870 Izegem, BelgiumKBO/BCE: BE 0879.652.616
Summary

VAARMEESTER has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,686 and a net result of -€2,284. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 95% of 2,593 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
VAARMEESTERActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Sports and recreation education
NACE 85510
1 site
Size
€6,027total assets 2025
Equity
€5,686
Loss
-€2,284
Turnover not published (micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 94 days early2 of 4 deeds summarised
Why 94raises riskLoss of €2,284, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 17.68, cash €5,507Sector: Education (NACE 85)Size: total assets €6,027Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 85, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 94.3% of total assets
Liquidity 100=
short-term debt 5.7% · cash 91.4%
Profitability 0=
return on assets -37.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,815 companies, NACE 85, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 17.68, compared with 29.96 in 2024, above the usual 1.5; short-term debt: 5.7% and cash: 91.4% of total assets), and 5.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 85, micro): better than 88% on solvency, 97% on liquidity, 6% on profitability and 19% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 17.68, cash €5,507
NBB · annual accounts
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Loss of €2,284, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €6,027
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,284
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 days early
2024
92 days early
2023
152 days early
2022
137 days early
2021
123 days early
2020
39 days early
2019
148 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 112 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: Dieter SANDRA (director)Gazette deed

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€2,284 View
  • Positive: Among the best 6% on solvencysector median 44.0% · 2,593 companies 94.3% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€6,027
Loss
-€2,284
Solvency
94.3%
Total assets▼ 26.9%
Net result
20182025
Go to Financials

Timeline

Events
23
Since
2008
Next accounts
by 31-07-2027
  1. 01-03-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 28-06-2023Resignations: Benoit GOEMAERE (manager) and Dieter SANDRA…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sports and recreation educationNACE 85510
Founded
28-02-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VAARMEESTER

What is the company number of VAARMEESTER?
0879.652.616. In Belgium the VAT number is the company number with BE in front: BE 0879.652.616.
Where is VAARMEESTER based?
The registered office is at Kouterweg 112, 8870 Izegem.Company details
What does VAARMEESTER do?
According to the KBO register, the main activity is sports and recreation education (NACE 85510).
What is the legal form of VAARMEESTER?
Private limited company (BV).
When was VAARMEESTER founded?
On 28-02-2006.
Is VAARMEESTER still active?
Yes, VAARMEESTER is an active enterprise in the KBO register.
What is the turnover of VAARMEESTER?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VAARMEESTER profitable?
In financial year 2025, VAARMEESTER made a loss of €2,284.
Where can I find the annual accounts of VAARMEESTER?
VAARMEESTER filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VAARMEESTER due?
By 31-07-2027, for financial year 2026.Timeline

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