VAMESS
InactiveVAMESS was declared bankrupt on 02-07-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 10-03-2026, published in the Belgian State Gazette on 13-03-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 13-02-2024, 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
not filed
2024
not filed
2023
13 d late
2022
1 d early
2020
on the day
2019
2 d early
2018
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€116k▲ 47.0%
2022 · €79k
2018: €97k
2019: €134k
2020: €192k
2022: €79k
2018 → 2023
Total assets
€279k▲ 0.8%
2022 · €276k
2018: €152k
2019: €204k
2020: €221k
2022: €276k
2018 → 2023
Net result
€37k
2022 · €-98k
2018: €28k
2019: €62k
2020: €58k
2022: €-98k
2018 → 2023
Working capital
€24k▼ 22.3%
2022 · €30k
2018: €76k
2019: €114k
2020: €169k
2022: €30k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020222023Trend
Equity€97k-€134k▲ 38.8%€192k▲ 43.2%€79k▼ 58.8%€116k▲ 47.0%
Operating result€46k-€88k▲ 90.6%€61k▼ 29.8%€-52k€47k
Net result€28k-€62k▲ 124%€58k▼ 6.0%€-98k€37k
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 2023: €47k after a loss of €52k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €279k
Fixed assets
€210k ▼ 1.6%
Current assets
€68k ▲ 9.3%
Equity and liabilities €279k
Equity
€116k ▲ 47.0%
Debt
€162k ▼ 17.7%
Debt's share of the balance-sheet total falls from 71.3% to 58.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2022 · €-40k
Cash flow
€41k▲
2022 · €-86k
Current ratio
1.53▼
2022 · 1.95
Debt to equity
1.39▼
2022 · 2.49
ROE
32.0%▲
2022 · -123.8%
ROA
13.4%▲
2022 · -35.5%
Interest coverage
12.37▲
2022 · -0.80
Debt ≤ 1 year
€45k▲
2022 · €32k
Debt > 1 year
€117k▼
2022 · €163k
Income taxes
€6k▲
2022 · €384
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 · 2023 against 2022 · 49 lines
Balance sheet
Code20222023
Assets
Total assets20/58€276k€279k▲
Fixed assets21/28€214k€210k▼
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€469€234▼
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€989€824▼
Financial fixed assets28€200k€200k=
Current assets29/58€63k€68k▲
Amounts receivable within one year40/41€6k€6k▼
Trade receivables40€5k€5k▼
Other amounts receivable41€619€810▲
Current investments50/53€55k€55k=
Cash at bank and in hand54/58€974€3k▲
Deferred charges and accrued income490/1€270€4k▲
Equity and liabilities
Total equity and liabilities10/49€276k€279k▲
Equity10/15€79k€116k▲
Contributions10/11€20k€20k=
Reserves13€155k€155k=
Tax-exempt reserves132€92€92=
Distributable reserves133€155k€155k=
Profit (loss) carried forward14€-96k€-59k▲
Amounts payable17/49€197k€162k▼
Amounts payable after more than one year17€163k€117k▼
Financial debts170/4€163k€117k▼
Amounts payable within one year42/48€32k€45k▲
Current portion of amounts payable after more than one year42€23k€23k▼
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€4k€11k▲
Taxes450/3€4k€11k▲
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3€2k€84▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€4k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-38k€52k▲
Operating profit (loss)9901€-52k€47k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€50k€4k▼
Recurring financial charges65€50k€4k▼
Profit (loss) for the period before taxes9903€-98k€43k▲
Income taxes67/77€384€6k▲
Profit (loss) for the period9904€-98k€37k▲
Profit (loss) for the period to be appropriated9905€-98k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-59k▲
Profit (loss) brought forward from the previous period14P-€-96k
Transfer from equity791/2€17k-
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 10-03-2026
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
30-06
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
30-06
Financial
Equity above €100kEq €116k ▲47%
Equity rises from €79k to €116k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-98k
Net result drops to €-98k, the lowest in the series.
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity triplescurrent ratio 7.36
Current ratio from 2.84 to 7.36; short-term debt falls from €62k to €27k.
30-09
Financial
Equity above €150kEq €192k ▲43.2%
3 profitable years in a row build equity to €192k.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €62k ▲124%
Operating result €88k, net result €62k, both a record.
Show earlier events
30-09
Financial
Equity above €100kEq €134k ▲38.8%
2 profitable years in a row build equity to €134k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SIEN VERMEESCH KEIZER KARELLAAN 586,
1082 BRUSSEL |
02-07-2024 → 10-03-2026 |
Recognitions · licences · registrations
Legal Entity Identifier
254900AF61RKTW6LGJ20