Vamitec
ActiveVamitec has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €424k and a net result of €104k. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-11
Solvency58▼-24
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.01 in 2024; short-term debt: 15.1% and cash: 28.7% of total assets), but 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
33.4%
Return on assets
8.2%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 28-11-2025, 33 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
33 d early
2024
28 d early
2023
12 d early
2022
32 d early
2020
1 d late
2019
3 d early
2018
20 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close21-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€424k▲ 8.9%
2024 · €390k
2019: €75k
2020: €113k
2022: €190k
2023: €305k
2024: €390k
2019 → 2025
Total assets
€1.27M▲ 87.3%
2024 · €679k
2019: €162k
2020: €151k
2022: €356k
2023: €608k
2024: €679k
2019 → 2025
Net result
€104k▼ 9.2%
2024 · €115k
2019: €20k
2020: €38k
2022: €84k
2023: €115k
2024: €115k
2019 → 2025
Working capital
€259k▲ 16.2%
2024 · €223k
2019: €28k
2020: €55k
2022: €96k
2023: €129k
2024: €223k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€113k-€190k▲ 68.3%€305k▲ 60.5%€390k▲ 27.9%€424k▲ 8.9%
Operating result€53k-€100k▲ 87.3%€154k▲ 54.8%€182k▲ 17.9%€174k▼ 4.4%
Net result€38k-€84k▲ 120%€115k▲ 37.4%€115k▲ 0.1%€104k▼ 9.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€820k▲ 251%
Current assets
€452k▲ 1.5%
Equity and liabilities €1.27M
Equity
€424k▲ 8.9%
Debt
€847k▲ 193%
The debt ratio rises from 42.6% to 66.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€226k▼
2024 · €229k
Cash flow
€156k▼
2024 · €161k
Solvency
33.4%▼
2024 · 57.4%
Current ratio
2.35▲
2024 · 2.01
Quick ratio
2.35▲
2024 · 2.01
Debt / equity
2.00▲
2024 · 0.74
ROE
24.6%▼
2024 · 29.5%
ROA
8.2%▼
2024 · 16.9%
Interest coverage
11.34▼
2024 · 18.60
Debt
€847k▲
2024 · €289k
Debt ≤ 1 year
€192k▼
2024 · €222k
Debt > 1 year
€655k▲
2024 · €67k
Income taxes
€50k▼
2024 · €55k
Staff costs
€31k▼
2024 · €57k
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€679k€1.27M▲
Fixed assets21/28€234k€820k▲
Tangible fixed assets22/27€234k€820k▲
Land and buildings22€118k€737k▲
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€104k€74k▼
Current assets29/58€445k€452k▲
Amounts receivable within one year40/41€45k€87k▲
Trade receivables40€15k€43k▲
Other amounts receivable41€31k€43k▲
Cash at bank and in hand54/58€400k€365k▼
Equity and liabilities
Total equity and liabilities10/49€679k€1.27M▲
Equity10/15€390k€424k▲
Contributions10/11€20k€20k=
Reserves13€369k€404k▲
Distributable reserves133€369k€404k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€289k€847k▲
Amounts payable after more than one year17€67k€655k▲
Financial debts170/4€67k€655k▲
Amounts payable within one year42/48€222k€192k▼
Current portion of amounts payable after more than one year42€28k€55k▲
Trade debts44€88k€102k▲
Suppliers440/4€88k€102k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€5k€5k▲
Remuneration and social security454/9€4k€250▼
Other amounts payable47/48€97k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€57k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€52k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€288k€260k▼
Operating profit (loss)9901€182k€174k▼
Financial income75/76B€5€288▲
Recurring financial income75€5€288▲
Financial charges65/66B€12k€20k▲
Recurring financial charges65€12k€20k▲
Profit (loss) for the period before taxes9903€170k€155k▼
Income taxes67/77€55k€50k▼
Profit (loss) for the period9904€115k€104k▼
Profit (loss) for the period to be appropriated9905€115k€104k▼
Appropriation of the result
Profit (loss) to be appropriated9906€115k€104k▼
Transfer from equity791/2€30k€70k▲
Transfer to equity691/2€115k€104k▼
To other reserves6921€115k€104k▼
Profit to be distributed694/7€30k€70k▲
Return on contributions (dividend)694€30k€70k▲
The notes to these accounts (8 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Highest result since 2019net €115k ▲0.1%
Operating result €182k, net result €115k, both a record.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-05
Financial
Equity above €200kEq €305k ▲60.5%
4 profitable years in a row build equity to €305k.
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Equity above €150kEq €190k ▲68.3%
3 profitable years in a row build equity to €190k.
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
30-06
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.32 to 3.01; short-term debt falls from €87k to €28k.
30-06
Financial
Equity above €100kEq €113k ▲50.8%
2 profitable years in a row build equity to €113k.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Jabbeke · 1 establishment unit since 2016
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.
Noordstraat 538490 JabbekeGround area
655 m²
Building footprint
150 m²
Volume, LiDAR
748 m³
Parcel 31041A0290/00K000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAMITEC
since 20162.261.712.673
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31041A0290/00K000 | Flanders | 655 m² | 1 · 150 m² | 7.2 m · 2 fl. |
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 2024 · 3 entries · 1,242 EUR awarded · 1,242 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 60 EUR | 60 EUR |
| 2023 | 1 | 1,092 EUR | 1,092 EUR |
| 2022 | 1 | 90 EUR | 90 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,216 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2016
Fiscal year end31-05
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.