VABATOM
InactiveFinancials · financial year 2026, micro format
Equity
€431,404▲ 5.2%
2025 · €410,242
Total assets
€431,404▼ 27.8%
2025 · €597,808
Net result
€21,162▼ 91.0%
2025 · €236,343
Working capital
€431,404▲ 7.5%
2025 · €401,361
Trend over the years
2022 to 2026, 5 financial years 2021 to 2026, 6 financial years
The operating result falls in 2026; 2026 is 90% below 2025 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.03m
2026
Net result€0.02m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.4m
2026
Equity€0.4m
2026
Debt€0
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.4m
2026
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line202120222023202420252026
Operating result€0.1m-€0.08m▼ 41.9%€0.07m▼ 3.2%€0.2m▲ 191%€0.3m▲ 28.2%€0.03m▼ 89.6%
Net result€0.09m-€0.05m▼ 46.1%€0.04m▼ 13.7%€0.1m▲ 181%€0.2m▲ 90.8%€0.02m▼ 91.0%
Equity€0.1m-€0.2m▲ 34.9%€0.2m▲ 22.2%€0.2m▼ 26.8%€0.4m▲ 136%€0.4m▲ 5.2%
Total assets€0.7m-€0.8m▲ 9.2%€0.8m▲ 8.0%€1.0m▲ 24.0%€0.6m▼ 42.5%€0.4m▼ 27.8%
Debt€0.6m-€0.6m▲ 2.6%€0.6m▲ 3.2%€0.9m▲ 44.2%€0.2m▼ 78.4%€0▼ 100%
Working capital-€0.3m--€0.3m▲ 0.8%-€0.3m▲ 16.0%-€0.3m▼ 17.3%€0.4m€0.4m▲ 7.5%
Turnover and EBIT margin not published: the micro format does not require them.
Why a figure moved sharply
- 2026 Net result -91% on 2025. This financial year ran 9 months, the previous one 12.
Key figures and ratios
EBITDA
€28,419▼
2025 · €285,677
Cash flow
€21,162▼
2025 · €248,580
Solvency
100.0%▲
2025 · 68.6%
Debt to equity
0.00▼
2025 · 0.46
ROE
4.9%▼
2025 · 57.6%
ROA
4.9%▼
2025 · 39.5%
Interest coverage
over 100▲
2025 · 23.76
Debt ≤ 1 year
€0▼
2025 · €175,671
Income taxes
€7,195▼
2025 · €84,919
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €8,209 | €12,873 | €14,458 | €12,237 | €0 | ▼ 100% |
| Other operating charges640/8 | €695 | €348 | €384 | €440 | €565 | €0 | ▼ 100% |
| Non-recurring operating charges66A | - | - | - | - | - | €3,080 | - |
| Gross operating margin9900 | €131,039 | €84,239 | €86,516 | €228,138 | €286,242 | €31,499 | ▼ 89.0% |
| Operating profit (loss)9901 | €130,344 | €75,682 | €73,258 | €213,239 | €273,440 | €28,419 | ▼ 89.6% |
| Financial income75/76B | - | - | €2 | €50 | €59,845 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €2 | €50 | €0 | €0 | - |
| Non-recurring financial income76B | - | - | - | - | €59,845 | €0 | ▼ 100% |
| Financial charges65/66B | €10,442 | €11,608 | €13,151 | €16,907 | €12,023 | €63 | ▼ 99.5% |
| Recurring financial charges65 | €10,442 | €11,608 | €13,151 | €16,907 | €12,023 | €63 | ▼ 99.5% |
| Profit (loss) for the period before taxes9903 | €119,902 | €64,074 | €60,109 | €196,382 | €321,262 | €28,357 | ▼ 91.2% |
| Income taxes67/77 | €25,000 | €12,963 | €16,021 | €72,483 | €84,919 | €7,195 | ▼ 91.5% |
| Profit (loss) for the period9904 | €94,902 | €51,111 | €44,088 | €123,899 | €236,343 | €21,162 | ▼ 91.0% |
| Profit (loss) for the period to be appropriated9905 | €94,902 | €51,111 | €44,088 | €123,899 | €236,343 | €21,162 | ▼ 91.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.7m | €0.8m | €0.8m | €1.0m | €0.6m | €0.4m | ▼ 27.8% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.02m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €0.05m | €0.04m | €0.03m | €0.02m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | €0.003m | €0.002m | €0.002m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €0.05m | €0.04m | €0.03m | €0.02m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.5m | €0.5m | €0.5m | €0.5m | €0 | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.3m | €0.5m | €0.6m | €0.4m | ▼ 25.2% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.01m | €0 | €0.03m | €0.001m | ▼ 97.3% |
| Trade receivables40 | €0.02m | €0.02m | €0.01m | €0 | €0.008m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | - | €0.02m | €0.001m | ▼ 96.4% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.3m | €0.5m | €0.5m | €0.4m | ▼ 21.2% |
| Deferred charges and accrued income490/1 | - | €353 | €369 | €0 | €375 | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.7m | €0.8m | €0.8m | €1.0m | €0.6m | €0.4m | ▼ 27.8% |
| Equity10/15 | €0.1m | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | ▲ 5.2% |
| Contributions10/11 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Reserves13 | €0.09m | €0.1m | €0.2m | €0.1m | €0.4m | €0.4m | ▲ 5.9% |
| Distributable reserves133 | €0.09m | €0.1m | €0.2m | €0.1m | €0.4m | €0.4m | ▲ 5.9% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €0.6m | €0.6m | €0.6m | €0.9m | €0.2m | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €0.6m | €0.6m | €0.6m | €0.9m | €0.2m | €0 | ▼ 100% |
| Financial debts43 | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Trade debts44 | €0.01m | €0.004m | €0.001m | €0.01m | €0.001m | €0 | ▼ 100% |
| Suppliers440/4 | €0.01m | €0.004m | €0.001m | €0.01m | €0.001m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €0.03m | €0.04m | €0.03m | €0.1m | €0.09m | €0 | ▼ 100% |
| Taxes450/3 | €0.03m | €0.04m | €0.03m | €0.09m | €0.09m | €0 | ▼ 100% |
| Remuneration and social security454/9 | €0.004m | €0.004m | €0.004m | €0.004m | €0 | - | - |
| Other amounts payable47/48 | €0.5m | €0.5m | €0.6m | €0.7m | €0.08m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94,902 | €51,111 | €44,088 | €123,899 | €236,343 | €21,162 | ▼ 91.0% |
| + Depreciation and write-downs630 | - | €8,209 | €12,873 | €14,458 | €12,237 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €94,902 | €59,320 | €56,962 | €138,357 | €248,580 | €21,162 | ▼ 91.5% |
| Investment in fixed assets (approximation) | - | -€56,906 | -€4,512 | -€2,071 | €484,936 | €20,776 | ▼ 95.7% |
| Change in cash | - | €16,138 | €76,251 | €227,877 | €23,807 | -€115,725 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2026 | micro format | 15-10-2026 | 2026-00558672 |
| 31-12-2025 | micro format | 28-08-2026 | 2026-00441689 |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00299818 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00406407 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00383787 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20370248 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.