VAMECO
ActiveVAMECO has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.90M and a net result of €494k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 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
Profitability82▲+2
Solvency66▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.43 in 2024; short-term debt: 54.1% and cash: 23.3% of total assets), but 58.6% 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
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 25
Relative position
BE, all sectors
reference
Sector 25
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
41.4%
Return on assets
10.7%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
33 d early
2022
33 d early
2021
37 d early
2020
43 d early
2019
7 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.90M▲ 35.0%
2024 · €1.41M
2018: €672k
2019: €711k
2020: €724k
2021: €819k
2022: €858k
2023: €985k
2024: €1.41M
2018 → 2025
Total assets
€4.60M▼ 6.9%
2024 · €4.94M
2018: €3.03M
2019: €3.43M
2020: €3.32M
2021: €3.45M
2022: €4.15M
2023: €5.09M
2024: €4.94M
2018 → 2025
Net result
€494k▲ 12.3%
2024 · €440k
2018: €33k
2019: €39k
2020: €13k
2021: €95k
2022: €39k
2023: €126k
2024: €440k
2018 → 2025
Working capital
€1.81M▲ 30.6%
2024 · €1.39M
2018: €686k
2019: €775k
2020: €779k
2021: €789k
2022: €850k
2023: €1.38M
2024: €1.39M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€819k-€858k▲ 4.8%€985k▲ 14.7%€1.41M▲ 43.3%€1.90M▲ 35.0%
Operating result€164k-€104k▼ 36.6%€269k▲ 160%€712k▲ 165%€712k▼ 0.1%
Net result€95k-€39k▼ 58.5%€126k▲ 220%€440k▲ 249%€494k▲ 12.3%
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 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.60M
Fixed assets
€300k▼ 13.0%
Current assets
€4.30M▼ 6.5%
Equity and liabilities €4.60M
Equity
€1.90M▲ 35.0%
Debt
€2.70M▼ 23.6%
The debt ratio falls from 71.5% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€820k▲
2024 · €816k
Cash flow
€602k▲
2024 · €543k
Solvency
41.4%▲
2024 · 28.5%
Current ratio
1.73▲
2024 · 1.43
Quick ratio
1.26▲
2024 · 0.90
Debt / equity
1.42▼
2024 · 2.50
ROE
25.9%▼
2024 · 31.2%
ROA
10.7%▲
2024 · 8.9%
Interest coverage
16.17▲
2024 · 9.31
Debt
€2.70M▼
2024 · €3.53M
Debt ≤ 1 year
€2.49M▼
2024 · €3.21M
Debt > 1 year
€180k▼
2024 · €247k
Income taxes
€168k▼
2024 · €190k
Staff costs
€2.73M▲
2024 · €2.72M
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€4.94M€4.60M▼
Fixed assets21/28€345k€300k▼
Tangible fixed assets22/27€345k€300k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€6k€3k▼
Leasing and similar rights25€336k€296k▼
Current assets29/58€4.60M€4.30M▼
Stocks and contracts in progress3€1.70M€1.16M▼
Stocks30/36€879k€797k▼
Contracts in progress37€825k€368k▼
Amounts receivable within one year40/41€2.25M€2.05M▼
Trade receivables40€2.24M€2.05M▼
Other amounts receivable41€10k€110▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€617k€1.07M▲
Deferred charges and accrued income490/1€20k€4k▼
Equity and liabilities
Total equity and liabilities10/49€4.94M€4.60M▼
Equity10/15€1.41M€1.90M▲
Contributions10/11€151k€151k=
Reserves13€1.07M€1.56M▲
Distributable reserves133€1.07M€1.56M▲
Profit (loss) carried forward14€192k€192k=
Amounts payable17/49€3.53M€2.70M▼
Amounts payable after more than one year17€247k€180k▼
Financial debts170/4€247k€180k▼
Amounts payable within one year42/48€3.21M€2.49M▼
Current portion of amounts payable after more than one year42€104k€99k▼
Financial debts43€640k€315k▼
Credit institutions430/8€640k€315k▼
Trade debts44€1.63M€1.32M▼
Suppliers440/4€1.63M€1.32M▼
Advances received on contracts in progress46€151k€81k▼
Taxes, remuneration and social security45€535k€541k▲
Taxes450/3€194k€204k▲
Remuneration and social security454/9€341k€337k▼
Other amounts payable47/48€147k€129k▼
Accrued charges and deferred income492/3€75k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.72M€2.73M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€108k▲
Other operating charges640/8€71k€7k▼
Gross operating margin9900€3.60M€3.56M▼
Operating profit (loss)9901€712k€712k▼
Financial income75/76B€5k€527▼
Recurring financial income75€5k€527▼
Financial charges65/66B€88k€51k▼
Recurring financial charges65€88k€51k▼
Profit (loss) for the period before taxes9903€630k€661k▲
Income taxes67/77€190k€168k▼
Profit (loss) for the period9904€440k€494k▲
Profit (loss) for the period to be appropriated9905€440k€494k▲
Appropriation of the result
Profit (loss) to be appropriated9906€632k€686k▲
Profit (loss) brought forward from the previous period14P€192k€192k=
Transfer to equity691/2€427k€494k▲
To other reserves6921€427k€494k▲
Profit to be distributed694/7€13k€0▼
Directors or managers695€13k€0▼
Social balance
Average headcount (FTE)908733.430.3▼
The notes to these accounts (15 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €494k ▲12.3%
Net result €494k, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.41M ▲43.3%
7 profitable years in a row build equity to €1.41M.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €13k ▼65.8%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-01-2024
Vandezande Chris: Resigned as Manager
30-01-2024
Vannieuwenhuyze Martine: Resigned as Manager
28-04-2017
Eric Vandezande: Resigned as Manager
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 1985
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.
Zeepziederijstraat(DA) 58600 DiksmuideGround area
5.0 ha
Building footprint
1.6 ha
Parcel 32473C0080/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
VAMECO BVBA
since 19852.026.749.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32473C0080/00D000 | Flanders | 5.0 ha | 1 · 1.6 ha | - |
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
2022 to 2025 · 4 entries · 3,590 EUR awarded · 2,859 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,109 EUR | 1,553 EUR |
| 2024 | 1 | 374 EUR | 285 EUR |
| 2023 | 1 | 684 EUR | 668 EUR |
| 2022 | 1 | 423 EUR | 353 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryVAMECO BV31038
Similar companies · same sector, comparable size
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WARZEE
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FIDEBO Invest
BE 0436.832.669
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CAVALE STEEL COMPANY
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Of 3,989 companies in sector 25110 we hold annual accounts for 2,148. 1,068 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-1985
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110Manufacture of machinery and equipment not elsewhere classified
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.