VAMAREIN
ActiveSummary
VAMAREIN has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154k and a net result of €2k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+63
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 19.57; short-term debt: 1.6% and cash: 4.8% of total assets), and 1.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
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
98.4%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
29 d late
2023
36 d early
2022
37 d early
2021
41 d early
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€154k▲ 1.6%
2024 · €152k
2018: €196k
2020: €198k
2021: €193k
2022: €176k
2023: €164k
2024: €152k
2018 → 2025
Total assets
€157k▲ 3.0%
2024 · €152k
2018: €239k
2020: €218k
2021: €198k
2022: €179k
2023: €168k
2024: €152k
2018 → 2025
Net result
€2k
2024 · €-13k
2018: €-3k
2020: €2k
2021: €-5k
2022: €-16k
2023: €-12k
2024: €-13k
2018 → 2025
Working capital
€47k▲ 14.0%
2024 · €42k
2018: €39k
2020: €51k
2021: €54k
2022: €48k
2023: €47k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€193k-€176k▼ 8.5%€164k▼ 6.9%€152k▼ 7.7%€154k▲ 1.6%
Operating result€-7k-€-16k▼ 126%€-12k▲ 25.8%€-13k▼ 3.9%€2k
Net result€-5k-€-16k▼ 205%€-12k▲ 25.7%€-13k▼ 3.9%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €13k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€107k ▼ 3.1%
Current assets
€50k ▲ 19.1%
Equity and liabilities €157k
Equity
€154k ▲ 1.6%
Debt
€3k ▲ 629%
Debt's share of the balance-sheet total rises from 0.2% to 1.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €-2k
Cash flow
€13k▲
2024 · €-2k
Current ratio
19.57
Debt to equity
0.02▲
2024 · 0.00
ROE
1.6%▲
2024 · -8.3%
ROA
1.5%▲
2024 · -8.3%
Interest coverage
245.36▲
2024 · -33.41
Debt ≤ 1 year
€3k▲
2024 · €350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€152k€157k▲
Fixed assets21/28€110k€107k▼
Tangible fixed assets22/27€110k€107k▼
Land and buildings22€107k€104k▼
Plant, machinery and equipment23€599€667▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€42k€50k▲
Amounts receivable within one year40/41€907€6k▲
Trade receivables40€656€6k▲
Other amounts receivable41€251€562▲
Current investments50/53-€35k
Cash at bank and in hand54/58€39k€8k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€152k€157k▲
Equity10/15€152k€154k▲
Contributions10/11€25k€25k=
Reserves13€174k€174k=
Distributable reserves133€174k€174k=
Profit (loss) carried forward14€-48k€-45k▲
Amounts payable17/49€350€3k▲
Amounts payable within one year42/48€350€3k▲
Trade debts44€0€601▲
Suppliers440/4€0€601▲
Taxes, remuneration and social security45€350€350=
Taxes450/3€350€350=
Other amounts payable47/48€0€2k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€26k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-499€15k▲
Operating profit (loss)9901€-13k€2k▲
Financial income75/76B-€248
Recurring financial income75-€248
Financial charges65/66B€54€54=
Recurring financial charges65€54€54=
Profit (loss) for the period before taxes9903€-13k€2k▲
Profit (loss) for the period9904€-13k€2k▲
Profit (loss) for the period to be appropriated9905€-13k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-45k▲
Profit (loss) brought forward from the previous period14P€-35k€-48k▼
The notes to these accounts (6 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 4 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity times 10current ratio 119.79
Current ratio from 12.19 to 119.79; short-term debt falls from €4k to €350.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 11.49
Current ratio from 3.83 to 11.49; short-term debt falls from €18k to €5k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Pittem · 1 establishment unit since 1990
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.
Brugsesteenweg 2168740 PittemGround area
1,256 m²
Building footprint
169 m²
Volume, LiDAR
869 m³
Parcel 37003C0262/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brugsesteenweg 216, 8740 Pittem
since 19902.049.368.389
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003C0262/00R000 | Flanders | 1,256 m² | 1 · 169 m² | 8.4 m · 2 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.
Similar companies · same sector, comparable size
Putseys
BE 0730.760.188
Sint-Truiden · Eq €153,979
De Baets Mechaniek
BE 0785.322.391
Evergem · Eq €153,734
Bremi Technicks
BE 1000.341.006
Londerzeel · Eq €154,578
Frigro Services
BE 0675.916.982
Wevelgem · Eq €153,288
Mechanicus
BE 1009.914.906
Aalst · Eq €152,676
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,134 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-1990
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33170Repair, maintenance and installation of machinery and equipment
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.