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Generated 03-08-2026
Active BE 0789.925.042Private limited company

VAMAX ELECTRO

Peperstraat 19 ·9230 Wetteren, Belgium· 3 yrs active
Sector: Specialised construction (43211)
Conclusion Checked

The computed 12-month bankruptcy probability of VAMAX ELECTRO is 2.6% (moderate). The 2024 annual accounts show equity of €161k and a net result of €20k. Its solvency ranks better than 20% of 11078 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €161k
Net result €20k
Staff (FTE) 1.7
Better than sector 20%
Snowflake analysis 5 axes · computed by Checked
Health43Profitability61Solvency13Growth52Stability94
53 / 100

Mixed profile: strong on stability, weaker on solvency.

Health 43
Profitability 61
Solvency 13
Growth 52
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
43 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · micro
€0€100k€200kOperating result 2023: €202k€202kNet result 2023: €136k€136kOperating result 2024: €62k€62kNet result 2024: €20k€20k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 14.8% 40.9%
better than 20% of 11078 sector peers
Net result €20k €11k
better than 63% of 11060 sector peers
Equity €161k €34k
better than 91% of 11081 sector peers
Gross operating margin €185k €35k
better than 93% of 11051 sector peers
Staff costs €66k €24k
higher than 75% of 4034 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€118k
-62.4% +296% vs sector
Net profit
€20k
-85.6% +81% vs sector
Cash flow
€76k
-69.4% +234% vs sector
Total assets
€1.09M
+7.8% far above sector median
Equity
€161k
+13.9% +159% vs sector
Working capital
€-70k
-16.4% far below sector median
Employees (FTE)
2
+70.0% 23-24
Staff costs
€66k
+31.2% +125% vs sector
Income taxes
€5k
-90.6% +85% vs sector
Debt
€931k
+6.8% far above sector median
Debt ≤ 1y
€199k
+26.9% far above sector median
Debt > 1y
€731k
+2.4% far above sector median
Current ratio
0.65
+5.1% -75% vs sector
Quick ratio
0.50
-19.8% -81% vs sector
Solvency
14.8%
+5.6% -73% vs sector
Debt / equity
5.78
-6.2% far above sector median
ROE
12.2%
-87.3% -32% vs sector
ROA
1.8%
-86.6% -55% vs sector
Interest coverage
3.20
-90.1% -88% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€118k
Net profit€20k
Cash flow€76k
Staff costs€66k
Income taxes€5k
Dividends-
Total assets€1.09M
Equity€161k
Debt€931k
of which ≤ 1y€199k
of which > 1y€731k
Working capital€-70k
Employees (FTE)1.7
Ratios (computed)
2024
Current ratio0.65
Quick ratio0.50
Working capital ratio-6.4%
Solvency14.8%
Debt / equity5.78
Long-term debt ratio4.54
Interest coverage3.20
Gross margin-
Net margin-
ROA1.8%
ROE12.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.09M
Fixed assets 21/28€962k
Intangible fixed assets 21€1
Tangible fixed assets 22/27€962k
Current assets 29/58€130k
Stocks & contracts in progress 3€31k
Amounts receivable within one year 40/41€42k
Cash & bank 54/58€55k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.09M
Equity 10/15€161k
Contributions / capital 10/11€5k
Reserves 13€156k
Amounts payable 17/49€931k
Amounts payable after one year 17€731k
Amounts payable within one year 42/48€199k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€185k
Operating result 9901€62k
Financial income 75€180
Financial charges 65€37k
Result before taxes 9903€25k
Income taxes 67/77€5k
Net result for the period 9904€20k
Result to be appropriated 9905€20k
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Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43211)
Legal form Private limited company(610)
Incorporation24-08-2022
StatusActive
Postal code9230
Connections & network 1 connected companies
Network connections
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
VAMAX ELECTRO
Peperstraat 19, 9230 WetterenInstallatie van hulpvoedingssystemen (generatoraggregaten)
since 20222.334.868.489
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42025A1005/00G000 Flanders 4,805 m² 1 · 1,264 m² 4.5 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
23-01-2026
State Gazette act Director changes
v3.2
2025
07-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
11-10-2024
State Gazette act Registered-office change
v3.2
26-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
26-08-2022
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
Address history · 1
11-10-2024
v3.2
All acts · 3 updated 6 months ago
2026
23-01-2026 Change in the board of directors Director changes
Summary: v3.2
Technical details 
{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0789.925.042",
    "name_full": "VAMAX ELECTRO",
    "legal_form": "BV"
  }
}
2024
11-10-2024 Registered office moved from Merelbeke to Wetteren Registered-office change
  • Lamstraat 10, 9820 Merelbeke → Peperstraat 19, 9230 Wetteren
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Wetteren",
        "region": null,
        "street": "Peperstraat",
        "country": "BE",
        "postcode": "9230",
        "box_number": null,
        "street_number": "19"
      },
      "old_address": {
        "city": "Merelbeke",
        "region": null,
        "street": "Lamstraat",
        "country": "BE",
        "postcode": "9820",
        "box_number": null,
        "street_number": "10"
      },
      "effective_date": "2024-08-01",
      "evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Lamstraat 10, 9820 Merelbeke naar Peperstraat 19, 9230 Wetteren, en dit vanaf 01/08/2024."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0789.925.042",
    "name_full": "VAMAX ELECTRO",
    "legal_form": "BV"
  }
}
2022
26-08-2022 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "9820 Merelbeke, Lamstraat 10",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": "2002-08-21",
        "name": "VANRYCKEGHEM Maxime Remi Michel",
        "niss": null,
        "address": "9820 Merelbeke, Lamstraat 10"
      },
      "share_class": "Aandelen",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 5000,
      "holder_person_name": "VANRYCKEGHEM Maxime Remi Michel",
      "is_subscriber_only": false,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 5000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 5000,
  "subject_company": {
    "kbo": "0789.925.042",
    "name_full": "VAMAX ELECTRO",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2022-08-23",
  "post_incorporation_mandates": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van isolatie43230Isolatiewerkzaamheden43291Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
Legal nameNL VAMAX ELECTRO
Registered office
Peperstraat 19
9230 Wetteren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative