The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 14,768 companies had the same profile as VADIMA has now. Each dot stands for 37 companies, two years later.
96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,768 companies, not a prediction for VADIMA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered office moved to Herent
New registered office: Langeveldstraat 105, 3020 Herent · Change of role: Name after signing inVisible after signing in, from statutory manager to director · “Het verwerven en aanhouden van een participatie in de besloten vennootschap "Name hiddenVisible after signing in", met zetel te…” (deed in Dutch) · Gazette deed
Capital decrease of €475,200 to €18,600
Capital from €493,800 to €18,600 · “Het aanbrengen van aanvragen, net negotiëren en het bemiddelen bij het afsluiten van geldleningen…” (deed in Dutch) · General meeting of 17-12-2018 · Gazette deed
“Het verwerven en aanhouden van een participatie in de besloten vennootschap "Name hiddenVisible after signing in", met…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Joint committee
341Intermediation in banking and investment services · annual accounts 2021
The company number of VADIMA is 0442.487.670. The VAT number is the same number with BE in front: BE 0442.487.670.
Where is VADIMA based?
The registered office is at Langeveldstraat 105, 3020 Herent.Company details
What is the legal form of VADIMA?
VADIMA is a private limited company (BV).
When was VADIMA founded?
VADIMA was founded on 14-11-1990.
Is VADIMA still active?
Yes, VADIMA is an active enterprise in the KBO register.
How many employees does VADIMA have?
VADIMA had an average of 0.6 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does VADIMA fall under?
In its 2021 annual accounts, VADIMA states joint committee 341 (Intermediation in banking and investment services).
What is the turnover of VADIMA?
The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €18,805 and 6,298 comparable companies of the same size. It probably lies between €65,000 and €340,000. It is a rough estimate.
Is VADIMA profitable?
In financial year 2024, VADIMA made a profit of €39,822.
Where can I find the annual accounts of VADIMA?
VADIMA filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2024.