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VAMABUILD

Active
Private limited companyfounded 2020active for 6 yearsHoge Weg 270, 2940 Stabroek, BelgiumKBO/BCE: BE 0753.684.852
Summary

VAMABUILD has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118,155 and a net result of €85,302. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
≈ €230,000turnover 2025, estimated
Equity
€118,155
Profit
€85,302
Turnover estimated from the gross margin
Financial health
72 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
ANTWERP MANAGEMENT CONSULTING · 100%
2025 accounts 46 days early1 of 2 deeds summarised
Why 72raises risk1 change of registered office in 24 monthsFounded in 2020lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 15-06-2026)Show the evidence

Checked score

Score 2025
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 67% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 61+30
equity 35.8% of total assets
Liquidity 31+29
short-term debt 61.0% · cash 10.3%
Profitability 100+69
return on assets 25.8%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026highest value 07-2026: 0.6%▼ -0.3 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.64, compared with 1.07 in 2024, above the usual 1.5; short-term debt: 61% and cash: 10.3% of total assets), but 64.2% 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 68, micro): better than 54% on solvency, 24% on liquidity, 95% on profitability and 96% on growth.

The bankruptcy probability was computed on 27-10-2026 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 · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 15-06-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year €118,155
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
46 days early
2024
28 days early
2023
26 days early
2022
47 days early
2021
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 30 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €85,302
  3. Equity above €100,000equity €118,155 ▲260%

Financials · financial year 2025, abbreviated format

Turnover
≈ €230,000
Estimated: probably between €160,000 and €470,000
Total assets
€330,338▼ 39.9%
2024 · €549,827
Net result
€85,302
2024 · -€15,252
Working capital
€128,763▲ 246%
2024 · €37,178
Trend over the years

2021 to 2025, 5 financial years

The operating result returns to profit in 2025: €118,475 after a loss of €12,101 in 2024, the highest 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€0.1m 2025 Net result€0.09m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result-€0.01m--€0.02m▼ 75.7%€0.1m-€0.01m€0.1m
Net result-€0.01mwithin the sector's middle half--€0.02mbelow the sector's middle half▼ 152%€0.06mwithin the sector's middle half-€0.02mwithin the sector's middle half€0.09mabove the sector's middle half
Equity€0.01mbelow the sector's middle half--€0.01mbelow the sector's middle half€0.05mbelow the sector's middle half€0.03mbelow the sector's middle half▼ 31.7%€0.1mwithin the sector's middle half▲ 260%
Total assets€0.9mwithin the sector's middle half-€1.1mwithin the sector's middle half▲ 20.8%€0.7mbelow the sector's middle half▼ 40.3%€0.5mbelow the sector's middle half▼ 17.6%€0.3mbelow the sector's middle half▼ 39.9%
Debt€0.9m-€1.1m▲ 23.6%€0.6m▼ 45.3%€0.5m▼ 16.5%€0.2m▼ 59.0%
Working capital€0.01mwithin the sector's middle half--€0.01mwithin the sector's middle half€0.05mwithin the sector's middle half€0.04mwithin the sector's middle half▼ 28.3%€0.1mwithin the sector's middle half▲ 246%
Solvency1.1%below the sector's middle half--1.2%below the sector's middle half▼ 2.3pp7.2%below the sector's middle half▲ 8.4pp6.0%below the sector's middle half▼ 1.2pp35.8%within the sector's middle half▲ 29.8pp
Current ratio1.01within the sector's middle half-0.99within the sector's middle half▼ 0.021.08within the sector's middle half▲ 0.101.07within the sector's middle half▼ 0.011.64within the sector's middle half▲ 0.57
Return on assets (ROA)-1.0%below the sector's middle half--2.2%below the sector's middle half▼ 1.1pp9.3%above the sector's middle half▲ 11.4pp-2.8%below the sector's middle half▼ 12.0pp25.8%above the sector's middle half▲ 28.6pp
Staff (FTE)0within the sector's middle half
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €330,338
Equity €118,155 ▲ 260%
Debt €212,183 ▼ 59.0%
Debt's share of the balance-sheet total falls from 94.0% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.26▲
2024 · 0.03
Debt to equity
1.80▼
2024 · 15.74
ROE
72.2%▲
2024 · -46.4%
Debt ≤ 1 year
€201,575▼
2024 · €512,649
Income taxes
€23,800▲
2024 · €21
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,972 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€549,827€330,338▼
Current assets29/58€549,827€330,338▼
Stocks and contracts in progress3€533,209€278,476▼
Stocks30/36€533,209€278,476▼
Amounts receivable within one year40/41€592€13,849▲
Trade receivables40€197€0▼
Other amounts receivable41€394€13,849▲
Cash at bank and in hand54/58€10,795€34,160▲
Deferred charges and accrued income490/1€5,232€3,853▼
Equity and liabilities
Total equity and liabilities10/49€549,827€330,338▼
Equity10/15€32,853€118,155▲
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14€12,853€98,155▲
Amounts payable17/49€516,974€212,183▼
Amounts payable within one year42/48€512,649€201,575▼
Trade debts44€3,343€665▼
Suppliers440/4€3,343€665▼
Taxes, remuneration and social security45€7,021€3,300▼
Taxes450/3€7,021€3,300▼
Other amounts payable47/48€502,285€197,610▼
Accrued charges and deferred income492/3€4,325€10,608▲
Income statement Code20242025
Other operating charges640/8€2,486€695▼
Gross operating margin9900-€9,615€119,170▲
Operating profit (loss)9901-€12,101€118,475▲
Financial charges65/66B€3,130€9,373▲
Recurring financial charges65€3,130€9,373▲
Profit (loss) for the period before taxes9903-€15,231€109,102▲
Income taxes67/77€21€23,800▲
Profit (loss) for the period9904-€15,252€85,302▲
Profit (loss) for the period to be appropriated9905-€15,252€85,302▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,853€98,155▲
Profit (loss) brought forward from the previous period14P€28,105€12,853▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€1,706€3,294€2,439€2,486€695▼ 72.0%
Gross operating margin9900-€10,328-€17,852€112,522-€9,615€119,170-
Operating profit (loss)9901-€12,034-€21,146€110,083-€12,101€118,475-
Financial income75/76B€3,421€71€0---
Recurring financial income75€3,421€71€0---
Financial charges65/66B€923€2,985€41,382€3,130€9,373▲ 199%
Recurring financial charges65€923€2,985€41,382€3,130€9,373▲ 199%
Profit (loss) for the period before taxes9903-€9,536-€24,060€68,701-€15,231€109,102-
Income taxes67/77--€7,000€21€23,800▲ 1,135×
Profit (loss) for the period9904-€9,536-€24,060€61,701-€15,252€85,302-
Profit (loss) for the period to be appropriated9905-€9,536-€24,060€61,701-€15,252€85,302-
Line20212022202320242025Change
Assets
Total assets20/58€0.9m€1.1m€0.7m€0.5m€0.3m▼ 39.9%
Current assets29/58€0.9m€1.1m€0.7m€0.5m€0.3m▼ 39.9%
Stocks and contracts in progress3€0.8m€1.1m€0.5m€0.5m€0.3m▼ 47.8%
Stocks30/36€0.8m€1.1m€0.5m€0.5m€0.3m▼ 47.8%
Amounts receivable within one year40/41€0.08m€0.003m€0.006m€0.001m€0.01m▲ 23×
Trade receivables40€0.07m€40€0.006m€197€0▼ 100%
Other amounts receivable41€0.007m€0.003m€0€394€0.01m▲ 35×
Cash at bank and in hand54/58€0.04m€0.008m€0.2m€0.01m€0.03m▲ 216%
Deferred charges and accrued income490/1€0.008m€0.007m€0.006m€0.005m€0.004m▼ 26.4%
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.1m€0.7m€0.5m€0.3m▼ 39.9%
Equity10/15€0.01m-€0.01m€0.05m€0.03m€0.1m▲ 260%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m=
Profit (loss) carried forward14-€0.01m-€0.03m€0.03m€0.01m€0.1m▲ 664%
Amounts payable17/49€0.9m€1.1m€0.6m€0.5m€0.2m▼ 59.0%
Amounts payable within one year42/48€0.9m€1.1m€0.6m€0.5m€0.2m▼ 60.7%
Financial debts43€0.8m€1.0m€0---
Credit institutions430/8€0.8m€1.0m€0---
Trade debts44€0.07m€0.002m€0.006m€0.003m€0.001m▼ 80.1%
Suppliers440/4€0.07m€0.002m€0.006m€0.003m€0.001m▼ 80.1%
Taxes, remuneration and social security45--€0.02m€0.007m€0.003m▼ 53.0%
Taxes450/3--€0.02m€0.007m€0.003m▼ 53.0%
Other amounts payable47/48€0.03m€0.1m€0.6m€0.5m€0.2m▼ 60.7%
Accrued charges and deferred income492/3--€0.004m€0.004m€0.01m▲ 145%
Line20212022202320242025Change
Profit (loss) for the period9904-€9,536-€24,060€61,701-€15,252€85,302-
Operating cash flow (approximation)-€9,536-€24,060€61,701-€15,252€85,302-
Change in cash--€26,904€160,600-€158,108€23,365-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2025 abbreviated format 15-06-2026 2026-00160908
31-12-2024 abbreviated format 03-07-2025 2025-00244515
31-12-2023 abbreviated format 05-07-2024 2024-00227408
31-12-2022 abbreviated format 14-06-2023 2023-00134907
31-12-2021 abbreviated format 27-07-2022 2022-20228137

Similar companies · same sector, comparable size

Of the 9,531 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,480. 5,407 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2024
Stijn VAN DONINCK
Director · since 27-11-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2024, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Stijn VAN DONINCK
  • Director, from 27-11-2024 to date
Vanessa DECOENE
  • Director, until 27-11-2024
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Chain of control

  1. Antwerp Management Consulting BV consolidates
  2. ANTWERP MANAGEMENT CONSULTING 100%
  3. VAMABUILD

Highest known parent: Antwerp Management Consulting BV. The sources do not say who stands above it.

Owners 2

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 4 September 2020, VAMABUILD was incorporated as a private limited company.1 In 2025 the registered office moved to Stabroek.2 Total assets went from €925,148 in 2021 to €330,338 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-02-2025
  3. 3National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
31-12
Financial Back to profitnet €85,302
Net result €85,302 after one loss-making year.
31-12
Financial Equity above €100,000equity €118,155 ▲260%
Equity rises from €32,853 to €118,155.
03-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
24-02
Gazette deed Resignation: Vanessa DECOENE (director)
Appointment: Stijn VAN DONINCK (director) · Director discharge · Registered-office move8 facts ▸
  • General meeting, 04-12-2024
  • Director resignation, Vanessa DECOENE (director)
  • Director discharge, Vanessa DECOENE
  • Director appointment, Stijn VAN DONINCK (director)
  • Other provision, “aanvaarding mandaat en afwezigheid verbodsbepaling” (deed in Dutch)
  • Board meeting, 04-12-2024
  • Registered-office move, 2940 Stabroek,Hoge Weg 270
  • Other provision, “vereniging alle aandelen in één hand, neerlegging” (deed in Dutch)
2024
05-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Back to profitnet €61,701
Net result €61,701 after 2 loss-making years.
14-06
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial Weakest financial yearnet -€24,060
Net result drops to -€24,060, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded04-09-2020
Financial year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0753684852
Also 0208:753684852
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0753.684.852

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Stabroek · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
1,336 m²
Building footprint
179 m²
Building volume
1,130 m³
Parcel 11020I0215/00G000, Flanders · tallest building 10.0 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
VAMABUILD
Hoge Weg 270, 2940 StabroekDevelopment of residential building projects
since 2020unit no. 2.308.068.478
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11020I0215/00G000 Flanders 1,336 m² 1 · 179 m² 10.0 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.