VADIMO
InactiveFrom the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, abbreviated format
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 16-03-2026
- Format
- abbreviated format
- Reference
- 2026-00054720
Equity
€1.6m▲ 0.8%
2024 · €1.6m
Total assets
€1.6m▲ 1.0%
2024 · €1.6m
Net result
€13,424▼ 97.9%
2024 · €637,298
Working capital
€1.6m▲ 2.4%
2024 · €1.6m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €18,272, after a profit of €846,828 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Operating result-€0.02m
2025
Net result€0.01m
2025
Assets, equity and debt per financial year.
Total assets€1.6m
2025
Equity€1.6m
2025
Debt€0.007m
2025
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital€1.6m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.02m▼ 10.7%€0.05m▲ 96.7%€0.5m▲ 970%€0.4m▼ 30.2%€0.02m▼ 95.8%€0.8m▲ 56×-€0.02m
Net result€0.01m-€0.01m▼ 0.1%€0.04m▲ 216%€0.4m▲ 921%€0.2m▼ 38.7%€0.02m▼ 92.5%€0.6m▲ 36×€0.01m▼ 97.9%
Equity€0.3m-€0.3m▲ 3.6%€0.4m▲ 11.0%€0.8m▲ 101%€1.0m▲ 26.0%€1.0m▲ 1.8%€1.6m▲ 65.0%€1.6m▲ 0.8%
Total assets€0.6m-€0.5m▼ 5.1%€0.5m▼ 0.9%€0.8m▲ 48.3%€1.0m▲ 22.5%€1.0m▲ 1.6%€1.6m▲ 64.9%€1.6m▲ 1.0%
Debt€0.2m-€0.2m▼ 17.4%€0.2m▼ 21.8%€0.03m▼ 83.3%€0.005m▼ 81.9%€0.003m▼ 39.3%€0.004m▲ 58.4%€0.007m▲ 61.7%
Working capital-€0.2m--€0.1m▲ 27.7%-€0.05m▲ 59.6%€0.4m€0.6m▲ 68.6%€0.7m▲ 9.1%€1.6m▲ 141%€1.6m▲ 2.4%
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Large changes and their cause
- 2024 Net result +3,501% on 2023. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.6m
Equity
€1.6m ▲ 0.8%
Debt
€7,148 ▲ 61.7%
Debt's share of the balance-sheet total rises from 0.3% to 0.4%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.00▲
2024 · 0.00
ROE
0.8%▼
2024 · 39.4%
ROA
0.8%▼
2024 · 39.3%
Debt ≤ 1 year
€7,148▲
2024 · €3,892
Income taxes
€5,285▼
2024 · €214,241
A ratio outside any meaningful range has been withheld (balance sheet total €1.6m, equity €1.6m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,465 | €30,821 | €31,002 | €29,171 | €23,638 | €23,424 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €7,965 | €6,458 | €5,888 | €5,361 | €14,512 | ▲ 171% |
| Gross operating margin9900 | €65,061 | €62,657 | €86,695 | €544,792 | €384,315 | €44,320 | €852,189 | -€3,760 | - |
| Operating profit (loss)9901 | €27,044 | €24,137 | €47,466 | €507,656 | €354,219 | €15,008 | €846,828 | -€18,272 | - |
| Financial income75/76B | - | - | - | €1 | €392 | €2,606 | €4,919 | €37,291 | ▲ 658% |
| Recurring financial income75 | €1 | €1 | €1 | €1 | €392 | €2,606 | €4,919 | €37,291 | ▲ 658% |
| Financial charges65/66B | - | - | - | €3,303 | €7,410 | -€4,429 | €209 | €310 | ▲ 48.8% |
| Recurring financial charges65 | €13,943 | €11,047 | €6,106 | €3,303 | €7,410 | -€4,429 | €209 | €310 | ▲ 48.8% |
| Profit (loss) for the period before taxes9903 | €13,101 | €13,091 | €41,362 | €504,354 | €347,201 | €22,042 | €851,539 | €18,709 | ▼ 97.8% |
| Income taxes67/77 | €1,191 | €1,190 | €3,760 | €120,495 | €112,078 | €4,344 | €214,241 | €5,285 | ▼ 97.5% |
| Profit (loss) for the period9904 | €11,910 | €11,901 | €37,602 | €383,859 | €235,123 | €17,698 | €637,298 | €13,424 | ▼ 97.9% |
| Profit (loss) for the period to be appropriated9905 | €11,910 | €11,901 | €37,602 | €383,859 | €235,123 | €17,698 | €637,298 | €13,424 | ▼ 97.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.5m | €0.5m | €0.8m | €1.0m | €1.0m | €1.6m | €1.6m | ▲ 1.0% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | €0.03m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.4m | €0.4m | €0.3m | €0.03m | €0 | ▼ 100% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.3m | €0.03m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €466 | €126 | €0 | - | - | - |
| Current assets29/58 | €0.05m | €0.05m | €0.08m | €0.4m | €0.6m | €0.7m | €1.6m | €1.6m | ▲ 2.6% |
| Amounts receivable within one year40/41 | €0.005m | €0.01m | €0.009m | €0.008m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 9.4% |
| Trade receivables40 | - | - | - | €0.008m | €0.005m | €0.01m | €0 | €250 | - |
| Other amounts receivable41 | - | - | - | - | €0.008m | €0.004m | €0.02m | €0.02m | ▼ 10.6% |
| Current investments50/53 | - | - | - | - | €0.07m | €0.08m | €0.08m | €1.6m | ▲ 21× |
| Cash at bank and in hand54/58 | €0.04m | €0.04m | €0.07m | €0.4m | €0.5m | €0.6m | €1.5m | €0.04m | ▼ 97.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.003m | €0.002m | €0.002m | €0.03m | ▲ 15× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €0.5m | €0.8m | €1.0m | €1.0m | €1.6m | €1.6m | ▲ 1.0% |
| Equity10/15 | €0.3m | €0.3m | €0.4m | €0.8m | €1.0m | €1.0m | €1.6m | €1.6m | ▲ 0.8% |
| Contributions10/11 | €0.4m | €0.4m | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Reserves13 | €0.07m | €0.08m | €0.1m | €0.4m | €0.6m | €0.6m | €1.2m | €1.2m | ▲ 1.1% |
| Non-distributable reserves130/1 | - | - | - | €0.005m | €0.005m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.005m | €0.005m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.6m | €0.6m | €1.2m | €1.2m | ▲ 1.1% |
| Profit (loss) carried forward14 | -€0.1m | -€0.1m | -€0.1m | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €0.03m | €0.005m | €0.003m | €0.004m | €0.007m | ▲ 61.7% |
| Amounts payable after more than one year17 | €0.02m | €0.03m | €0.03m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.1m | €0.02m | €0.004m | €0.002m | €0.004m | €0.007m | ▲ 83.7% |
| Trade debts44 | €381 | €227 | €42 | €0.001m | €0.004m | €0.002m | €0.004m | €0.007m | ▲ 87.5% |
| Suppliers440/4 | - | - | - | €0.001m | €0.004m | €0.002m | €0.004m | €0.007m | ▲ 87.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0 | - | - | - | - |
| Taxes450/3 | - | - | - | €0.02m | €0 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.002m | €117 | €0 | €146 | €126 | ▼ 13.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.01m | €0.04m | €0.4m | €0.2m | €0.02m | €0.6m | €0.01m | ▼ 97.9% |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | €0.02m | €0 | - | - |
| Operating cash flow (approximation) | €0.04m | €0.04m | €0.07m | €0.4m | €0.3m | €0.04m | €0.6m | €0.01m | ▼ 97.9% |
| Investment in fixed assets (approximation) | - | -€0.002m | €0 | €0.02m | €0.03m | €0.01m | €0.3m | €0.03m | ▼ 91.2% |
| Change in cash | - | -€0.006m | €0.03m | €0.3m | €0.1m | €0.05m | €0.9m | -€1.5m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-03-2026 | 2026-00054720 | |
| 31-12-2024 | abbreviated format | 10-06-2025 | 2025-00127548 | |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00149269 | |
| 31-12-2022 | micro format | 09-06-2023 | 2023-00115406 | |
| 31-12-2021 | micro format | 30-05-2022 | 2022-20036663 | |
| 31-12-2020 | micro format | 21-06-2021 | 2021-21500309 | |
| 31-12-2019 | micro format | 17-06-2020 | 2020-17300029 | |
| 31-12-2018 | micro format | 29-05-2019 | 2019-14700422 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-50700104 | |
| 31-12-2016 | micro format | 21-08-2017 | 2017-44500375 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.