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VADAMON

Active
Private limited company (pre-2019)founded 2006active for 20 yearsLindestraat 14, 9240 Zele, BelgiumKBO/BCE: BE 0882.646.253
Summary

VADAMON has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.3m and a net result of €548,281. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 71% of 505 sector peers (NACE 28, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28150
1 site
Size
€3.6mtotal assets 2024
Staff
10.1 FTE
Equity
€2.3m
Profit
€548,281
Turnover not published (abbreviated format)
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Parent
VADAGROUP · 100%
Holdings
1
Accounts 78 days overdue1 of 5 deeds read
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 23-09-2025)Liquidity: current ratio 1.36, cash €121,141lowers riskFounded in 2006Equity €2.3m (63.3% of total assets)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 71% of its sector peers (NACE 28, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 88+24
equity 63.3% of total assets
Liquidity 39+18
short-term debt 35.1% · cash 3.4%
Profitability 88+4
return on assets 15.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (290 companies, NACE 28, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.8%▲ +0.1 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -1.5 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.3 percentage points vs 09-2026
Credit of up to €120,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.36, compared with 1.14 in 2023, below the usual 1.5; short-term debt: 35.1% and cash: 3.4% of total assets), and 36.7% 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 28, small): better than 77% on solvency, 41% on liquidity, 87% on profitability and 77% on growth.

The bankruptcy probability was computed on 17-10-2026 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
raises risk · Figures for financial year 2024 (filed 23-09-2025)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €2.3m (63.3% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.36, cash €121,141
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
54 days late
2023
86 days late
2022
66 days late
2021
92 days late
2020
11 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 72 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Permanent representatives: Wouter Van Damme and…Power of attorney
  3. Equity above €2mequity €2.3m ▲18.1%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Positive: Among the best 14% on net resultsector median €66,529 · 505 companies €548,281 View
  • Controlled by VADAGROUPthe company in turn controls 1 companies 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €548,281 7 years View

By topic

Financials

Financial year
2024
Total assets
€3.6m
Profit
€548,281
Solvency
63.3%
Total assets▼ 28.0%
Net result
20182024
Go to Financials

Timeline

Events
22
Since
2008
  1. 25-10-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 05-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28150
Founded
20-07-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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