Summary
Conclusion
the dossier summarised in one paragraphVAMABUILD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 1710 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Timeline
What happened to this company, by date
State Gazette, CBE and NBB in one seriesA single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-07-2025 NBB filing Annual accounts filed
24-02-2025 State Gazette act Capital & shares
05-07-2024 NBB filing Annual accounts filed
14-06-2023 NBB filing Annual accounts filed
27-07-2022 NBB filing Annual accounts filed
Financials
Financial health
FY 2024 · computed · 5 of 5 axes measuredThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →The score above is a single figure for the whole company. The axes below set that score, as the Health axis, beside the other dimensions, so you can see whether a good score holds everywhere or rests on one point.
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Figures by fiscal year
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.0% | 14.4% | |
| Net result | €-15k | €-66 | |
| Equity | €33k | €109k | |
| Gross operating margin | €-10k | €52k | |
| Total assets | €550k | €1.50M |
| Fiscal year | 2024 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | - |
| Net profit | €-15k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €21 |
| Dividends | - |
| Total assets | €550k |
| Equity | €33k |
| Debt | €517k |
| of which ≤ 1y | €513k |
| of which > 1y | - |
| Working capital | €37k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.07 |
| Quick ratio | 0.03 |
| Working capital ratio | 6.8% |
| Solvency | 6.0% |
| Debt / equity | 15.74 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -2.8% |
| ROE | -46.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €550k |
| Current assets | 29/58 | €550k |
| Stocks & contracts in progress | 3 | €533k |
| Amounts receivable within one year | 40/41 | €592 |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €550k |
| Equity | 10/15 | €33k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €517k |
| Amounts payable within one year | 42/48 | €513k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-12k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-15k |
| Income taxes | 67/77 | €21 |
| Net result for the period | 9904 | €-15k |
| Result to be appropriated | 9905 | €-15k |
Signals
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not confirmed | - |
| 31-12-2024 | 31-07-2025 | 03-07-2025 | 28 d early | 2025-00244515 |
| 31-12-2023 | 31-07-2024 | 05-07-2024 | 26 d early | 2024-00227408 |
| 31-12-2022 | 31-07-2023 | 14-06-2023 | 47 d early | 2023-00134907 |
| 31-12-2021 | 31-07-2022 | 27-07-2022 | 4 d early | 2022-20228137 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Directors
Directors & mandates
2 directors-
Stijn VAN DONINCKDirectorState Gazette act 25025773 (24-02-2025)Current27-11-2024 → present
Former directors (1)
-
Vanessa DECOENEDirectorState Gazette act 25025773 (24-02-2025)Former- → 27-11-2024
Insolvency mandates
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 04-09-2020 |
| Status | Active |
| Postal code | 2940 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0215/00G000 | Flanders | 1,336 m² | 1 · 179 m² | 10.0 m · 2 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 act24-02-2025 All shares are now held by a single shareholder
Analysis
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | VAMABUILD |