VAMI
ActiveSummary
The computed 12-month bankruptcy probability of VAMI is 6.8% (elevated). For VAMI, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€333,193) and a net result of -€46,528. Equity is shrinking by ~15.5% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability3▼-4
Solvency0=
Growth58=
Track record84
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
-92.8%
Return on assets
-13%
Age of the figures
57 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-06-2022, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
41 d early
2020
324 d late
2019
689 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 324 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout initial
History
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Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€46,528▼ 30.0%
2020 · -€35,799
Working capital
-€653,808▼ 5.2%
2020 · -€621,440
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€47,643--€43,973▲ 7.7%-€35,660▲ 18.9%-€46,178▼ 29.5%
Net result-€47,771--€44,102▲ 7.7%-€35,799▲ 18.8%-€46,528▼ 30.0%
Equity-€206,764--€250,866▼ 21.3%-€286,665▼ 14.3%-€333,193▼ 16.2%
Total assets€398,337-€383,391▼ 3.8%€374,113▼ 2.4%€359,124▼ 4.0%
Debt€605,101-€634,257▲ 4.8%€660,778▲ 4.2%€692,317▲ 4.8%
Working capital-€569,858--€599,801▼ 5.3%-€621,440▼ 3.6%-€653,808▼ 5.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46,178 in 2021 against €35,660 in 2020; the loss grows.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €359,124
Fixed assets
€320,615 ▼ 4.2%
Current assets
€38,509 ▼ 2.1%
Key figures and ratios
EBITDA
-€32,019▼
2020 · -€21,500
Cash flow
-€32,368▼
2020 · -€21,639
Solvency
-92.8%▼
2020 · -76.6%
Current ratio
0.06▼
2020 · 0.06
Debt to equity
-2.08▲
2020 · -2.31
ROA
-13.0%▼
2020 · -9.6%
Interest coverage
-91.61▲
2020 · -154.58
Debt ≤ 1 year
€692,317▲
2020 · €660,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,160 | €14,160 | €14,160 | €14,160 | = |
| Other operating charges640/8 | €3,156 | €3,214 | €3,428 | €3,461 | ▲ 1.0% |
| Gross operating margin9900 | -€30,326 | -€26,600 | -€18,072 | -€28,558 | ▼ 58.0% |
| Operating profit (loss)9901 | -€47,643 | -€43,973 | -€35,660 | -€46,178 | ▼ 29.5% |
| Financial charges65/66B | €129 | €129 | €139 | €350 | ▲ 151% |
| Recurring financial charges65 | €129 | €129 | €139 | €350 | ▲ 151% |
| Profit (loss) for the period before taxes9903 | -€47,771 | -€44,102 | -€35,799 | -€46,528 | ▼ 30.0% |
| Profit (loss) for the period9904 | -€47,771 | -€44,102 | -€35,799 | -€46,528 | ▼ 30.0% |
| Profit (loss) for the period to be appropriated9905 | -€47,771 | -€44,102 | -€35,799 | -€46,528 | ▼ 30.0% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €398,337 | €383,391 | €374,113 | €359,124 | ▼ 4.0% |
| Fixed assets21/28 | €363,094 | €348,934 | €334,775 | €320,615 | ▼ 4.2% |
| Tangible fixed assets22/27 | €363,094 | €348,934 | €334,775 | €320,615 | ▼ 4.2% |
| Land and buildings22 | €363,094 | €348,934 | €334,775 | €320,615 | ▼ 4.2% |
| Current assets29/58 | €35,243 | €34,457 | €39,338 | €38,509 | ▼ 2.1% |
| Amounts receivable within one year40/41 | €33,764 | €33,764 | €33,764 | €33,764 | = |
| Trade receivables40 | €32,269 | €32,269 | €32,269 | €32,269 | = |
| Other amounts receivable41 | €1,495 | €1,495 | €1,495 | €1,495 | = |
| Cash at bank and in hand54/58 | €1,479 | €692 | €5,574 | €4,745 | ▼ 14.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €398,337 | €383,391 | €374,113 | €359,124 | ▼ 4.0% |
| Equity10/15 | -€206,764 | -€250,866 | -€286,665 | -€333,193 | ▼ 16.2% |
| Contributions10/11 | €204,512 | €204,512 | €204,512 | €204,512 | = |
| Capital10 | €204,512 | €204,512 | €204,512 | €204,512 | = |
| Issued capital100 | €204,512 | €204,512 | €204,512 | €204,512 | = |
| Profit (loss) carried forward14 | -€411,276 | -€455,378 | -€491,177 | -€537,705 | ▼ 9.5% |
| Amounts payable17/49 | €605,101 | €634,257 | €660,778 | €692,317 | ▲ 4.8% |
| Amounts payable within one year42/48 | €605,101 | €634,257 | €660,778 | €692,317 | ▲ 4.8% |
| Trade debts44 | €6,563 | €25,719 | €12,240 | €4,001 | ▼ 67.3% |
| Suppliers440/4 | €6,563 | €25,719 | €12,240 | €4,001 | ▼ 67.3% |
| Other amounts payable47/48 | €598,538 | €608,538 | €648,538 | €688,317 | ▲ 6.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€47,771 | -€44,102 | -€35,799 | -€46,528 | ▼ 30.0% |
| + Depreciation and write-downs630 | €14,160 | €14,160 | €14,160 | €14,160 | = |
| Operating cash flow (approximation) | -€33,612 | -€29,942 | -€21,639 | -€32,368 | ▼ 49.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€786 | €4,882 | -€829 | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
20-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 324 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 689 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1055 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1420 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1785 days late
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2150 days late
2019
20-11
KBO administration
Strikeout initial
event 04-11-2019
2015
07-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 38 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 403 days late
16-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 715 days late
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Braine-le-Château · 1 establishment unit since 1992
Ground area
9,921 m²
Building footprint
358 m²
Parcel 25111A0690/00M008, Wallonia. Linked by address, not a title deed.
1 establishment unit
Parc Industriel(W-B) 8 A, 1440 Braine-le-Château
since 19922.056.722.276
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0690/00M008 | Wallonia | 9,921 m² | 1 · 358 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded13-01-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.