Equity
€65,954 ▼ 20.0%
VANDAMME MARNICK paid out €22,020 in dividends. That is 401% of the 2025 profit.
VANDAMME MARNICK
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003Gross marginpeak €49,070 (2024)
€28,788▼ 41.3%
Resultpeak €22,020 (2020)
€5,491▼ 72.5%
Equitypeak €101,877 (2020)
€65,954▼ 20.0%
Debts
€55,103▲ 2.7%
Board1 name since 2001
1 directorVandamme Marnick
Documentsfilings and deeds
05-05-20265 days late
2025micro format
Gross margin from €49,070 to €28,788Result from €19,992 to €5,491Dividend €22,020Equity from €82,483 to €65,954Cash from €44,159 to €58,424
Key points
from the 2025 annual accountsChecked score
94
Excellent
Financially stronger than 51% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.82, cash €58,424
Founded in 2001
Equity €65,954 (54.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 59% of them on solvency, 81% on liquidity, 47% on profitability and 18% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,041 companies had the same profile as VANDAMME MARNICK has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VANDAMME MARNICK itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for VANDAMME MARNICK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (2.2 in 2024), above the usual 1.5. Short-term debt is 37.4% and cash 48.3% of total assets. 45.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
5 days late
2024
5 days early
2023
on the day
2022
34 days early
2021
30 days early
2020
18 days early
2019
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476404909
Purpose change · Amendment of the articles · Resignations & appointments
Change of role: Vandamme Marnick, from manager to director · “Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met…” (deed in Dutch) · Gazette deed
First establishment
Lelieweg 1, Staden
Incorporation
published on 05-01-2002 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| VANDAMME MARNICK Staden | €121,056 | €28,788 | 54.5% | - |
| SADEGRO Bruges | €143,658 | €31,721 | 63.9% | - |
| CEBEL Kuurne | €133,585 | €23,464 | 53.8% | - |
| BERKOER Wervik | €142,274 | €24,428 | 75.6% | - |
| DAVID HERMAN Montigny-le-Tilleul | €124,798 | €26,428 | 65.8% | - |
| MEEKIT Asse | €111,121 | €26,159 | 48.2% | - |
| V.R.M. Lille | €132,290 | €33,186 | 68.2% | - |
These companies have the same main activity as VANDAMME MARNICK: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €111,000 and €144,000, founded between 2001 and 2003.
Official details
Source: KBO- Status
- Active since 24-12-2001Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.100.530.1498840 Staden, since 13-03-2002
- Financial year end
- 30 September
- Peppol
- Reachable since 12-11-2025
Insights on VANDAMME MARNICK
VANDAMME MARNICK files the micro format. That format states no turnover. The gross margin rose from €23,554 in 2006 to €28,788 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VANDAMME MARNICK
- What is the company number of VANDAMME MARNICK?
- The company number of VANDAMME MARNICK is 0476.404.909. The VAT number is the same number with BE in front: BE 0476.404.909.
- Where is VANDAMME MARNICK based?
- The registered office is at Lelieweg 1, 8840 Staden.Company details
- What does VANDAMME MARNICK do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of VANDAMME MARNICK?
- VANDAMME MARNICK is a private limited company (BV).
- When was VANDAMME MARNICK founded?
- VANDAMME MARNICK was founded on 24-12-2001.
- Is VANDAMME MARNICK still active?
- Yes, VANDAMME MARNICK is an active enterprise in the KBO register.
- What is the turnover of VANDAMME MARNICK?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €28,788 and 45 comparable companies (NACE 43211). It probably lies between €94,000 and €210,000.Financials
- Is VANDAMME MARNICK profitable?
- In financial year 2025, VANDAMME MARNICK made a profit of €5,491.
- Where can I find the annual accounts of VANDAMME MARNICK?
- VANDAMME MARNICK filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VANDAMME MARNICK due?
- VANDAMME MARNICK must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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