VAMOCON
ActiveVAMOCON has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €376k and a net result of €22k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 95% of 1887 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
83
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-9
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 25.62 against 20.99 in 2024), and 4% 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
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 · 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
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
96%
Return on assets
5.6%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
11 d early
2023
19 d early
2022
1 d early
2021
4 d early
2020
27 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€376k▼ 4.1%
2024 · €392k
2019: €280k
2020: €305k
2021: €343k
2022: €372k
2023: €417k
2024: €392k
2019 → 2025
Total assets
€391k▼ 4.7%
2024 · €411k
2019: €299k
2020: €326k
2021: €356k
2022: €391k
2023: €442k
2024: €411k
2019 → 2025
Net result
€22k▼ 24.8%
2024 · €29k
2019: €46k
2020: €25k
2021: €38k
2022: €29k
2023: €44k
2024: €29k
2019 → 2025
Working capital
€342k▼ 0.9%
2024 · €345k
2019: €280k
2020: €304k
2021: €340k
2022: €367k
2023: €363k
2024: €345k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€343k-€372k▲ 8.5%€417k▲ 11.9%€392k▼ 6.0%€376k▼ 4.1%
Operating result€47k-€35k▼ 24.8%€56k▲ 57.1%€36k▼ 36.1%€30k▼ 16.3%
Net result€38k-€29k▼ 23.0%€44k▲ 51.5%€29k▼ 33.6%€22k▼ 24.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets
€35k▼ 26.5%
Current assets
€356k▼ 1.8%
Equity and liabilities €391k
Equity
€376k▼ 4.1%
Debt
€15k▼ 18.3%
The debt ratio falls from 4.6% to 4.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€42k▼
2024 · €49k
Cash flow
€35k▼
2024 · €42k
Solvency
96.0%▲
2024 · 95.4%
Current ratio
25.62▲
2024 · 20.99
Quick ratio
25.62▲
2024 · 20.99
Debt / equity
0.04▼
2024 · 0.05
ROE
5.9%▼
2024 · 7.5%
ROA
5.6%▼
2024 · 7.2%
Interest coverage
9.37▼
2024 · 53.24
Debt
€15k▼
2024 · €19k
Debt ≤ 1 year
€14k▼
2024 · €17k
Income taxes
€9k▼
2024 · €12k
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€411k€391k▼
Fixed assets21/28€48k€35k▼
Tangible fixed assets22/27€48k€35k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€44k€32k▼
Financial fixed assets28€76€76=
Current assets29/58€363k€356k▼
Amounts receivable after more than one year29€300k€270k▼
Trade receivables290€300k€270k▼
Amounts receivable within one year40/41€19k€23k▲
Trade receivables40€18k€22k▲
Other amounts receivable41€1k€730▼
Cash at bank and in hand54/58€41k€62k▲
Deferred charges and accrued income490/1€2k€748▼
Equity and liabilities
Total equity and liabilities10/49€411k€391k▼
Equity10/15€392k€376k▼
Contributions10/11€19k€19k=
Reserves13€373k€357k▼
Distributable reserves133€373k€357k▼
Amounts payable17/49€19k€15k▼
Amounts payable within one year42/48€17k€14k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3€2k€7k▲
Other amounts payable47/48€13k€5k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€52k€45k▼
Operating profit (loss)9901€36k€30k▼
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€913€5k▲
Recurring financial charges65€913€5k▲
Profit (loss) for the period before taxes9903€41k€31k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€29k€22k▼
Profit (loss) for the period to be appropriated9905€29k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€22k▼
Transfer from equity791/2€54k€38k▼
Transfer to equity691/2€29k€22k▼
To other reserves6921€29k€22k▼
Profit to be distributed694/7€54k€38k▼
Return on contributions (dividend)694€54k€38k▼
The notes to these accounts (5 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
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €22k ▼24.8%
Net result drops to €22k, the lowest in the series.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
08-12
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
1 director, no change since 2024
VAEL Erik
CurrentNon-statutory director · since 19-01-2024
19-01-2024
Resigned as Manager
19-01-2024
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2002
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.
Wezepoelstraat 189240 ZeleGround area
297 m²
Building footprint
98 m²
Volume, LiDAR
603 m³
Parcel 42403E0647/00V000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wezepoelstraat 18, 9240 Zele
since 20022.096.056.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42403E0647/00V000 | Flanders | 297 m² | 1 · 98 m² | 8.7 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.
Similar companies · same sector, comparable size
HOFMAN MONTAGE
BE 0884.935.255
Hamme (Vl.) · Eq €376k
VK-TRAILERS
BE 0862.082.649
Lichtervelde · Eq €377k
GNC
BE 0873.153.913
Beveren-Kruibeke-Zwijndrecht · Eq €377k
R&S METAALWERKEN
BE 0840.415.126
Tessenderlo-Ham · Eq €374k
ATELIERS GILBERT MEUNIER
BE 0428.086.437
Villers-le-Bouillet · Eq €374k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2002
Fiscal year end30-06
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.