VAMI
ActiveFrom the official registers: KBO 30 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of VAMI is 10.8% (high). 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 about 15% per year across the filed financial years. The company has been active since 1992 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Official details
KBO- Status
- Active since 13-01-1992 Normal situation
- Legal form
- Public limited company
- Registered office
- Parc Industriel(W-B) 8, 1440 Braine-le-Château
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.056.722.276 1440 Braine-le-Château, since 20-03-1992
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
How it is doing
- Bankruptcy probabilitywithin 12 months
- 10.8%
2021 figures too old to score
Annual accounts 2021
- Gross margin
- -€28,558
- ▼ 58.0%
- Loss
- €46,528
- ▲ 30.0%
- Equity
- -€333,193
- ▼ 16.2%
- Total assets
- €359,124
- ▼ 4.0%
2022 accounts not filed, 1189 days past the deadline
Filed on 20-06-2022PDF
Signalsraises riskFigures for financial year 2021 (filed 22-06-2022)Ex-officio strike-off in the KBO3 financial years not filed after the legal deadline; 2 of the last 3 lateTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: total assets €359,124neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Weak
Solvency
0=
equity -92.8% of total assets
Liquidity
2=
short-term debt 192.8% · cash 1.3%
Profitability
3-4
return on assets -13.0%
Bankruptcy probability, 12 months
10.8%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 6.2%
12-2024: 6.2%● unchanged vs 11-2024
01-2025: 6.2%● unchanged vs 12-2024
02-2025: 6.2%● unchanged vs 01-2025
03-2025: 6.2%● unchanged vs 02-2025
04-2025: 6.2%● unchanged vs 03-2025
05-2025: 6.2%● unchanged vs 04-2025
06-2025: 6.2%● unchanged vs 05-2025
07-2025: 6.2%● unchanged vs 06-2025
08-2025: 6.0%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 6.0%● unchanged vs 08-2025lowest value
10-2025: 6.0%● unchanged vs 09-2025lowest value
11-2025: 6.0%● unchanged vs 10-2025lowest value
12-2025: 6.0%● unchanged vs 11-2025lowest value
01-2026: 6.0%● unchanged vs 12-2025lowest value
02-2026: 6.0%● unchanged vs 01-2026lowest value
03-2026: 6.0%● unchanged vs 02-2026lowest value
04-2026: 6.0%● unchanged vs 03-2026lowest value
05-2026: 6.0%● unchanged vs 04-2026lowest value
06-2026: 6.0%● unchanged vs 05-2026lowest value
07-2026: 6.0%● unchanged vs 06-2026lowest value
08-2026: 6.0%● unchanged vs 07-2026lowest value
09-2026: 10.8%▲ +4.8 percentage points vs 08-2026highest value
10-2026: 10.8%● unchanged vs 09-2026highest value
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
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 year end31-07-2023 deadline01-11-2026 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
41 days early
2020
324 days late
2019
689 days 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
Financials · financial year 2021, full format
2022 annual accounts not yet filed, deadline passed on 31 July 2023 Financial year closed on 31 December 2022; filing due at the latest 7 months after the close (Companies Code art. 3:10). 4 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.
Latest annual accounts filed
Annual accounts 2021
- Financial year ended
- 31-12-2021
- Filed on
- 20-06-2022
- Format
- full format
- Reference
- 2022-20079454
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
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €46,178 in 2021 against €35,660 in 2020; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€46,178
2021
Net result-€46,528
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€359,124
2021
Equity-€333,193
2021
Debt€692,317
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€653,808
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial 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%
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%
Equity and liabilities
Equity-€333,193
Debt€692,317
Equity is negative: debt (€692,317) exceeds the balance-sheet total (€359,124).
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
ROA
-13.0%▼
2020 · -9.6%
Interest coverage
-91.61▲
2020 · -154.58
Debt ≤ 1 year
€692,317▲
2020 · €660,778
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | full format | 20-06-2022 | 2022-20079454 | |
| 31-12-2020 | full format | 20-06-2022 | 2022-20079275 | |
| 31-12-2019 | full format | 20-06-2022 | 2022-20079670 | |
| 31-12-2018 | full format | 20-06-2022 | 2022-20078912 | |
| 31-12-2017 | full format | 20-06-2022 | 2022-20079093 | |
| 31-12-2016 | full format | 20-06-2022 | 2022-20079257 | |
| 31-12-2015 | full format | 20-06-2022 | 2022-20079363 | |
| 31-12-2014 | full format | 07-09-2015 | 2015-58100389 | |
| 31-12-2013 | full format | 07-09-2015 | 2015-58100386 | |
| 31-12-2012 | full format | 16-07-2015 | 2015-31100396 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2010
IMSIDER SA
Current
Director · Legal entity · in the 2020 annual accounts, filed on 20-06-2022
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| IMSIDER SA |
|
| John Muth |
|
Owners and capital
Owners
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2025
08-08
Gazette deed
Resignation: John Muth (director)1 fact ▸
Gazette deed
Resignation: John Muth (director)
1 fact ▸
- Director resignation, John Muth (director)
2022
20-06
financial year 2021 · full format
20-06
financial year 2020 · full format · 324 days late
20-06
financial year 2019 · full format · 689 days late
20-06
financial year 2018 · full format · 1055 days late
20-06
financial year 2017 · full format · 1420 days late
20-06
financial year 2016 · full format · 1785 days late
20-06
financial year 2015 · full format · 2150 days late
2019
20-11
KBO administration
Strikeout initial
event 04-11-2019
SignalGazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
VAMI in Dutch
Enterprise number
0446.560.779
Legal form
Public limited company
Status
Active, normale toestand
Founded
13-01-1992
Type
Legal entity
Where it is based
Registered office
Parc Industriel(W-B) 8, 1440 Braine-le-Château, Belgium
Establishments
1 establishment unit since 1992
Invoicing and payment
VAT number
BE 0446.560.779
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Registered office and establishments
1 establishment unit
Parc Industriel(W-B) 8 A, 1440 Braine-le-Château
since 1992unit no. 2.056.722.276
Buildings and parcels at the address
Ground area
9,921 m²
Building footprint
358 m²
Parcel 25111A0690/00M008, Wallonia.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25111A0690/00M008 | Wallonia | 9,921 m² | 1 · 358 m² | - |