VAMAGROUP
ActiveVAMAGROUP has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €415k and a net result of €78k. Equity is growing by ~38.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-3
Solvency53▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.31 in 2024; short-term debt: 61.5% and cash: 15% of total assets), and 72.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.9%
Return on assets
5.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
47 d early
2022
3 d late
2021
18 d late
2020
30 d late
2019
168 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€415k▲ 23.2%
2024 · €337k
2019: €62k
2020: €81k
2021: €123k
2022: €125k
2023: €187k
2024: €337k
2019 → 2025
Total assets
€1.49M▲ 9.7%
2024 · €1.36M
2019: €566k
2020: €677k
2021: €629k
2022: €863k
2023: €1.07M
2024: €1.36M
2019 → 2025
Net result
€78k▼ 47.9%
2024 · €150k
2019: €52k
2020: €19k
2021: €42k
2022: €2k
2023: €62k
2024: €150k
2019 → 2025
Working capital
€254k▼ 4.8%
2024 · €267k
2019: €36k
2020: €10k
2021: €90k
2022: €117k
2023: €186k
2024: €267k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€125k▲ 1.8%€187k▲ 49.2%€337k▲ 80.3%€415k▲ 23.2%
Operating result€59k-€62k▲ 5.0%€95k▲ 53.5%€242k▲ 154%€193k▼ 20.0%
Net result€42k-€2k▼ 94.8%€62k▲ 2,681%€150k▲ 144%€78k▼ 47.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.49M
Fixed assets
€319k▲ 48.3%
Current assets
€1.17M▲ 2.4%
Equity and liabilities €1.49M
Equity
€415k▲ 23.2%
Debt
€1.07M▲ 5.2%
The debt ratio falls from 75.1% to 72.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€245k▼
2024 · €329k
Cash flow
€129k▼
2024 · €238k
Solvency
27.9%▲
2024 · 24.9%
Current ratio
1.28▼
2024 · 1.31
Quick ratio
0.76▼
2024 · 0.78
Debt / equity
2.58▼
2024 · 3.02
ROE
18.8%▼
2024 · 44.5%
ROA
5.3%▼
2024 · 11.1%
Interest coverage
4.64▲
2024 · 4.11
Debt
€1.07M▲
2024 · €1.02M
Debt ≤ 1 year
€914k▲
2024 · €874k
Debt > 1 year
€158k▲
2024 · €145k
Income taxes
€69k▲
2024 · €15k
Staff costs
€637k▼
2024 · €1.23M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.36M€1.49M▲
Fixed assets21/28€215k€319k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€214k€318k▲
Land and buildings22€10k€8k▼
Plant, machinery and equipment23€56k€59k▲
Furniture and vehicles24€26k€26k▲
Leasing and similar rights25€122k€224k▲
Financial fixed assets28€1k€1k=
Current assets29/58€1.14M€1.17M▲
Stocks and contracts in progress3€457k€469k▲
Stocks30/36€289k€246k▼
Contracts in progress37€168k€223k▲
Amounts receivable within one year40/41€369k€452k▲
Trade receivables40€337k€430k▲
Other amounts receivable41€32k€22k▼
Cash at bank and in hand54/58€306k€223k▼
Deferred charges and accrued income490/1€9k€23k▲
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.49M▲
Equity10/15€337k€415k▲
Contributions10/11€19k€19k=
Reserves13€107k€396k▲
Distributable reserves133€107k€396k▲
Profit (loss) carried forward14€212k€911▼
Amounts payable17/49€1.02M€1.07M▲
Amounts payable after more than one year17€145k€158k▲
Financial debts170/4€145k€158k▲
Amounts payable within one year42/48€874k€914k▲
Current portion of amounts payable after more than one year42€85k€91k▲
Financial debts43€454k€475k▲
Credit institutions430/8€454k€475k▲
Trade debts44€310k€319k▲
Suppliers440/4€310k€319k▲
Taxes, remuneration and social security45€25k€29k▲
Taxes450/3€972€4k▲
Remuneration and social security454/9€24k€24k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€275€0▼
Income statement
Code20242025
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€1.23M€637k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€51k▼
Other operating charges640/8€10k€10k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€1.57M€896k▼
Operating profit (loss)9901€242k€193k▼
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€80k€53k▼
Recurring financial charges65€80k€53k▼
Profit (loss) for the period before taxes9903€165k€147k▼
Income taxes67/77€15k€69k▲
Profit (loss) for the period9904€150k€78k▼
Profit (loss) for the period to be appropriated9905€150k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€212k€290k▲
Profit (loss) brought forward from the previous period14P€62k€212k▲
Transfer to equity691/2-€289k
To other reserves6921-€289k
Social balance
Average headcount (FTE)908713.912.7▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €150k ▲144%
Operating result €242k, net result €150k, both a record.
31-12
Financial
Equity above €200kEq €337k ▲80.3%
6 profitable years in a row build equity to €337k.
2023
14-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €150kEq €187k ▲49.2%
5 profitable years in a row build equity to €187k.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial
Weakest financial yearnet €2k ▼94.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2021
18-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
31-03
Financial
Equity above €100kEq €123k ▲52.6%
3 profitable years in a row build equity to €123k.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lichtervelde · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hazelstraat 1178810 LichterveldeGround area
3,379 m²
Building footprint
150 m²
Volume, LiDAR
410 m³
Parcel 36011E1107/00H000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAMADAK
since 20112.195.248.669
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E1107/00H000 | Flanders | 3,379 m² | 1 · 150 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 855 EUR awarded · 855 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 283 EUR | 283 EUR |
| 2024 | 1 | 323 EUR | 323 EUR |
| 2023 | 1 | 249 EUR | 249 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesVAMAGROUP BV45986
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
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Of 8,564 companies in sector 43410 we hold annual accounts for 4,354. 3,047 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2011
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.