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VANIMCO

Active
Private limited company (pre-2019)founded 1990active for 36 yearsNieuwe Steenweg(H.) 2, 3870 Heers, BelgiumKBO/BCE: BE 0440.004.173
Summary

VANIMCO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,982 and a net result of -€6,064. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 46% of 4,109 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Other tax advisory services
NACE 69209
3rd oldest company in Heers, Professional and technical services sector1 site
Size
≈ €16,000turnover 2025, estimated
Equity
€86,982
Loss
-€6,064
Turnover estimated from the gross margin
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 8 days early1 deed in the Belgian Official Gazette
Why 90raises riskLiquidity: cash €1,164, halvedlowers riskSize: total assets €223,129Sector: Legal and accounting activities (NACE 69)Founded in 1990Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 17% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Weak
Solvency 64-4
equity 39.0% of total assets
Liquidity 1-2
cash 0.5%
Profitability 31+4
return on assets -2.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,067 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points 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: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
cash: 0.5% of total assets, and 61% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 69, micro): better than 37% on solvency, 1% on liquidity, 7% on profitability and 22% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €223,129
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: cash €1,164, halved
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€6,064
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
14 days early
2023
12 days early
2022
12 days early
2021
9 days late
2020
23 days late
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. General meeting · IncorporationLegal-form conversion · Capital conversion
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, abbreviated format

Turnover
≈ €16,000
Estimated: probably between €9,400 and €27,000
Total assets
€223,129▼ 4.4%
2024 · €233,487
Net result
-€6,064▲ 40.8%
2024 · -€10,252
Working capital
€13,184
2021 · -€72,340
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €6,064 in 2025 against €10,252 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,064 2025 Net result-€6,064 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€16,452-€4,493€2,382▼ 47.0%-€412€831-€471-€10,252▼ 2,076%-€6,064▲ 40.8%
Net result-€16,452-€4,430€2,382below the sector's middle half▼ 46.2%-€412below the sector's middle half€831below the sector's middle half-€471below the sector's middle half-€10,252below the sector's middle half▼ 2,076%-€6,064below the sector's middle half▲ 40.8%
Equity€104,329-€108,760▲ 4.2%€111,142within the sector's middle half▲ 2.2%€110,730within the sector's middle half▼ 0.4%€111,560within the sector's middle half▲ 0.8%€111,089within the sector's middle half▼ 0.4%€100,837within the sector's middle half▼ 9.2%€86,982within the sector's middle half▼ 13.7%
Total assets€450,767-€291,349▼ 35.4%€274,605within the sector's middle half▼ 5.7%€267,825within the sector's middle half▼ 2.5%€257,118within the sector's middle half▼ 4.0%€256,164within the sector's middle half▼ 0.4%€233,487within the sector's middle half▼ 8.9%€223,129below the sector's middle half▼ 4.4%
Debt€346,438-€182,589▼ 47.3%€163,463▼ 10.5%€157,095▼ 3.9%€145,558▼ 7.3%€145,075▼ 0.3%€132,650▼ 8.6%€136,146▲ 2.6%
Working capital-€254,996--€95,411▲ 62.6%-€82,390below the sector's middle half▲ 13.6%-€72,340below the sector's middle half▲ 12.2%€13,184within the sector's middle half
Solvency23.1%-37.3%▲ 14.2pp40.5%within the sector's middle half▲ 3.1pp41.3%within the sector's middle half▲ 0.9pp43.4%within the sector's middle half▲ 2.0pp43.4%within the sector's middle half=43.2%within the sector's middle half▼ 0.2pp39.0%within the sector's middle half▼ 4.2pp
Current ratio0.11-0.22▲ 0.110.21below the sector's middle half▼ 0.020.15below the sector's middle half▼ 0.05
Return on assets (ROA)-3.6%-1.5%▲ 5.2pp0.9%below the sector's middle half▼ 0.7pp-0.2%below the sector's middle half▼ 1.0pp0.3%below the sector's middle half▲ 0.5pp-0.2%below the sector's middle half▼ 0.5pp-4.4%below the sector's middle half▼ 4.2pp-2.7%below the sector's middle half▲ 1.7pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,129
Fixed assets €221,964 ▼ 3.7%
Current assets €1,164 ▼ 62.5%
Equity and liabilities €223,129
Equity €86,982 ▼ 13.7%
Debt €136,146 ▲ 2.6%
Debt's share of the balance-sheet total rises from 56.8% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,063▲
2024 · €542
Cash flow
€4,063▲
2024 · €542
Debt to equity
1.57▲
2024 · 1.32
ROE
-7.0%▲
2024 · -10.2%
Debt > 1 year
€136,146▲
2024 · €132,650
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€233,487€223,129▼
Fixed assets21/28€230,387€221,964▼
Tangible fixed assets22/27€224,137€215,714▼
Land and buildings22€224,137€215,714▼
Financial fixed assets28€6,250€6,250=
Current assets29/58€3,100€1,164▼
Amounts receivable within one year40/41€0€0=
Other amounts receivable41€0€0=
Cash at bank and in hand54/58€3,100€1,164▼
Equity and liabilities
Total equity and liabilities10/49€233,487€223,129▼
Equity10/15€100,837€86,982▼
Contributions10/11€6,515€6,515=
Capital10€6,515€6,515=
Issued capital100€18,600€18,600=
Uncalled capital101€12,085€12,085=
Reserves13€18,734€18,734=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Distributable reserves133€16,874€16,874=
Profit (loss) carried forward14€75,588€61,733▼
Amounts payable17/49€132,650€136,146▲
Amounts payable after more than one year17€132,650€136,146▲
Financial debts170/4€132,007€135,504▲
Trade debts175€643€643=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,794€10,127▼
Gross operating margin9900€542€4,063▲
Operating profit (loss)9901-€10,252-€6,064▲
Profit (loss) for the period before taxes9903-€10,252-€6,064▲
Profit (loss) for the period9904-€10,252-€6,064▲
Profit (loss) for the period to be appropriated9905-€10,252-€6,064▲
Appropriation of the result
Profit (loss) to be appropriated9906€75,588€61,733▼
Profit (loss) brought forward from the previous period14P€85,840€67,798▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€3,600€3,600€3,600---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,780€11,511€10,640€11,640€11,719€11,930€10,794€10,127▼ 6.2%
Other operating charges640/8---€14,229€13,114----
Gross operating margin9900-€2,672€18,359€26,623€25,457€25,663€11,459€542€4,063▲ 650%
Operating profit (loss)9901-€16,452€4,493€2,382-€412€831-€471-€10,252-€6,064▲ 40.8%
Recurring financial charges65-€63-------
Profit (loss) for the period before taxes9903-€16,452€4,430€2,382-€412€831-€471-€10,252-€6,064▲ 40.8%
Profit (loss) for the period9904-€16,452€4,430€2,382-€412€831-€471-€10,252-€6,064▲ 40.8%
Profit (loss) for the period to be appropriated9905-€16,452€4,430€2,382-€412€831-€471-€10,252-€6,064▲ 40.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€450,767€291,349€274,605€267,825€257,118€256,164€233,487€223,129▼ 4.4%
Fixed assets21/28€419,107€263,953€253,314€254,836€243,934€238,219€230,387€221,964▼ 3.7%
Tangible fixed assets22/27€412,857€257,703€247,064€248,586€237,684€231,969€224,137€215,714▼ 3.8%
Land and buildings22---€242,818€233,639€231,969€224,137€215,714▼ 3.8%
Plant, machinery and equipment23---€5,768€4,045----
Financial fixed assets28€6,250€6,250€6,250€6,250€6,250€6,250€6,250€6,250=
Current assets29/58€31,660€27,396€21,291€12,989€13,184€17,945€3,100€1,164▼ 62.5%
Amounts receivable within one year40/41€30,527€3,833€688€939€360€9,000€0€0=
Trade receivables40---€774€136€9,000---
Other amounts receivable41---€165€224€0€0€0=
Cash at bank and in hand54/58€1,133€23,564€20,603€12,050€12,824€8,944€3,100€1,164▼ 62.5%
Equity and liabilities
Total equity and liabilities10/49€450,767€291,349€274,605€267,825€257,118€256,164€233,487€223,129▼ 4.4%
Equity10/15€104,329€108,760€111,142€110,730€111,560€111,089€100,837€86,982▼ 13.7%
Contributions10/11€6,515€6,515€6,515€6,515€6,515€6,515€6,515€6,515=
Capital10---€6,515€6,515€6,515€6,515€6,515=
Issued capital100---€18,600€18,600€18,600€18,600€18,600=
Uncalled capital101---€12,085€12,085€12,085€12,085€12,085=
Reserves13€18,734€18,734€18,734€18,734€18,734€18,734€18,734€18,734=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€16,874€16,874€16,874€16,874€16,874=
Profit (loss) carried forward14€79,081€83,511€85,893€85,481€86,312€85,840€75,588€61,733▼ 18.3%
Amounts payable17/49€346,438€182,589€163,463€157,095€145,558€145,075€132,650€136,146▲ 2.6%
Amounts payable after more than one year17€59,782€59,782€59,782€71,766€145,558€145,075€132,650€136,146▲ 2.6%
Financial debts170/4---€71,766€145,558€145,075€132,007€135,504▲ 2.6%
Trade debts175------€643€643=
Amounts payable within one year42/48€286,655€122,807€103,681€85,329€0----
Other amounts payable47/48---€85,329€0----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€16,452€4,430€2,382-€412€831-€471-€10,252-€6,064▲ 40.8%
+ Depreciation and write-downs630€13,780€11,511€10,640€11,640€11,719€11,930€10,794€10,127▼ 6.2%
Operating cash flow (approximation)-€2,672€15,941€13,022€11,228€12,549€11,459€542€4,063▲ 650%
Investment in fixed assets (approximation)-€143,644-€1-€13,162-€817-€6,215-€2,961-€1,705▲ 42.4%
Change in cash-€22,431-€2,961-€8,553€774-€3,880-€5,844-€1,936▲ 66.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 23-07-2026 2026-00337644
31-12-2024 micro format 17-07-2025 2025-00280849
31-12-2023 micro format 19-07-2024 2024-00266403
31-12-2022 micro format 19-07-2023 2023-00249037
31-12-2021 micro format 09-08-2022 2022-20291936
31-12-2020 micro format 23-08-2021 2021-53400063
31-12-2019 micro format 09-10-2020 2020-60400506
31-12-2018 micro format 28-08-2019 2019-52900186
31-12-2017 micro format 31-08-2018 2018-57400509
31-12-2016 micro format 31-08-2017 2017-54800069

Show all 36 filings

Similar companies · same sector, comparable size

Of the 2,196 active companies whose main activity is other tax advisory services (NACE 69209), figures are known for 1,115. 856 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

VANIMCO was incorporated on 12 March 1990.1 Total assets fell from €450,767 in 2018 to €223,129 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
17-09
Gazette deed General meeting · Incorporation
Legal-form conversion · Capital conversion
23-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2025
17-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
19-07
NBB filing Annual accounts filed
financial year 2023 · micro format
29-01
Gazette deed General meeting · Amendment of the articles
Capital conversion · Name clause
2023
19-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €831
Net result €831 after one loss-making year.
09-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 9 days late
2021
23-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 23 days late
2020
09-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 70 days late
2019
31-12
Financial Back to profitnet €4,430
Net result €4,430 after one loss-making year.
28-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 28 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 36 annual accounts filed, the latest 10 are here; all 36 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded12-03-1990
Financial year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0440004173
Also 9925:BE0440004173
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Heers · 1 establishment unit since 1990
registered office establishment The establishment unit on the map
Ground area
3,961 m²
Building footprint
700 m²
Building volume
6,336 m³
2 parcels, Flanders · tallest building 17.1 m. Linked by address, not a title deed.
1 establishment unit
Bovelingenstraat(H.) 238, 3870 Heers
Renting and operating of own or leased residential real estate, excluding social housing
since 1990unit no. 2.047.606.157
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
73022B0286/00G000 Flanders 2,723 m² 1 · 544 m² 17.1 m · 3
73049C0097/00C002 Flanders 1,238 m² 1 · 156 m² 10.3 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.