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VANMAR

Active Private limited companyfounded 1990active for 36 yearsRue du Pont-de-Wandre 26, 4020 LiègeKBO/BCE: BE 0442.467.181

Overview

Lifetime

3 annual accounts with figures on one time axis, 8 filings since 1991
peak €232,917 (2025)
€232,917 
lowest -€1,233 (2020)
€78,876 
peak €76,613 (2025)
€76,613 
€57,146 
Board5 names since 1991
Documentsfilings and deeds
17-05-202675 days before the deadline
2025micro format
No figures for the year before

Key points

from the 2025 annual accounts

Investments

€85,197 6.6 × depreciation

Green is investment, beige is depreciation.

Filings

8 annual accounts 6 late
AprilJune31 JulyOctober200020102020

The 2020 accounts came latest: 508 days after the end of the period.

Position in the sector

€78,876

Higher net result than 95% of companies in personal services. Sector median €2,795 · 5,748 companies.

Checked score

93
Excellent
Financially stronger than 79% of micro companies in personal services (NACE 96)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 7,628 companies (NACE 96, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025highest value 11-2025: 1.5%● unchanged vs 10-2025highest value 12-2025: 1.5%● unchanged vs 11-2025highest value 01-2026: 0.6%▼ -0.9 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.4 percentage points vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Strong

82equity 57.3% of total assets
66short-term debt 23.3% · cash 19.1%
100return on assets 59.0%

Score breakdown

raises risk
2 of the last 3 accounts late
Size: turnover €232,917, total assets €133,759
lowers risk
Founded in 1990
Liquidity: current ratio 1.89, cash €25,559
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 96, micro). It does better than 74% of them on solvency, 70% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.

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, 31,368 companies had the same profile as VANMAR has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VANMAR itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 31,368 companies, not a prediction for VANMAR. 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 €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.89, above the usual 1.5. Short-term debt is 23.3% and cash 19.1% of total assets. 42.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.89, cash €25,559
NBB · annual accounts
raises risk · Size: turnover €232,917, total assets €133,759
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 17-05-2026, 75 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
75 days early
2022
50 days late
2021
143 days late
2020
508 days late
2006
31 days late
2005
30 days late
1992
41 days late
← 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 104 days after the deadline. In the sector (NACE 96), the median for financial year 2022 was 1 day after the deadline, and 50% 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 19 September (4 of the last 5 accounts filed within 125 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DV
Managing director
VD
Director, since 15-11-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0442467181
1 director appointed, 1 resignation Change of role: VANNESPENNE Damien Cyrille Julien, from manager to director · Resignation: BOULTON Jeannine (mandate) · Appointment: DE VOEGHT Aurélie (managing director) · General meeting of 20-12-2023 · Gazette deed
1 director appointed, 2 resignations Resignations: Armand Marot and France Marot · Appointment: Damien Vannespenne · Gazette deed
First establishment Rue des Trixhes 147, Liège
All 15 events

Comparable companies

same main activity, similar in size and age
Company
VANMAR Liège €133,759 €123,994 57.3% -
La Beauté d'Eve Saint-Ghislain €123,367 €129,795 -120.7% -
REVELATION BEAUTE Ans €139,233 €87,079 46.4% -
S.T. TELECOM Flémalle €124,594 €82,841 95.8% -
ADMINISTRATIEKANTOOR D.C. Heist-op-den-Berg €168,154 €105,650 35.8% -
ANGELIQUE Edegem €200,448 €143,076 43.1% -
BIRD Zoersel €168,208 €82,386 55.1% -

These companies have the same main activity as VANMAR: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €123,000 and €200,000, founded between 1994 and 1999.

Official details

Source: KBO
Status
Active since 01-11-1990Normal situation
Activity
Beauty care and other beauty treatmentsNACE 96220
Establishment unit
2.052.545.6354020 Liège, since 29-04-1991
Financial year end
31 December
Peppol
Reachable since 13-01-2026
Company details

Annual accounts 2025

€232,917
€78,876
€76,613
€133,759
Filing
Filed on 17-05-2026, 75 days before the end of the filing period
Financials

Insights on VANMAR

VANMAR has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,613 and a net result of €78,876.

Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 74% of 5,741 sector peers (NACE 96, financial year 2025).

The computed 12-month bankruptcy probability is 0.2% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 17-05-2026, 75 days before the deadline
€232,917
€110,830
€123,774
€91,819
57.3%
1.89

Money flows

of every €100 of turnover, €33.86 remains as profit in 2025

Balance sheet

balance sheet total €133,759 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

57.3%

Higher than 74% of 5,741 companies in 2025.

1.89

Higher than 69% of 5,307 companies in 2025.

59.0%

Higher than 95% of 5,351 companies in 2025.

VANMAR Middle half of the sector 80% of the sector Micro accounts in personal services (NACE 96)

Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520202006
Balance sheet: assets
20/58 133,759034,763
20 426--
21/28 74,389-11,453
22/27 74,389-11,403
23 1,625-300
24 72,764-11,103
28 --50
29/58 58,944023,310
3 -05,600
30/36 -05,600
40/41 33,384-1,552
40 33,384--
41 --1,552
54/58 25,559-16,158
490/1 -0-
Balance sheet: equity and liabilities
10/49 133,759034,763
10/15 76,613-6,886-1,251
10/11 5,1424,9584,958
10 -4,958-
100 -4,9584,958
13 4,050184184
130/1 4,050184-
130 -184184
1311 4,050--
14 67,421-12,028-6,393
17/49 57,1466,88636,014
17 26,030--
170/4 26,030--
42/48 31,1166,88614,215
42 12,914--
43 -2,706-
430/8 -2,706-
44 --10,993
440/4 --10,993
45 8,2402203,222
450/3 -2203,222
454/9 8,240--
47/48 9,9623,960-
492/3 --21,799
Income statement
70 232,917-15,191
9900 123,994-4,786
60/61 108,923-10,405
62 --354
630 12,944--
640/8 220440635
9901 110,830-4403,797
65/66B 137793-
65 137793-
9903 110,694-1,2333,797
67/77 31,818--
9904 78,876-1,2333,797
9905 78,876-1,2333,797
Appropriation of the result
9906 71,471-12,028-6,393
14P -7,405-10,795-
691/2 4,050--
6920 4,050--
Document PDFPDFPDF

The accounts for 3 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 17-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 17-05-2026 2026-00111981 PDF
31-12-2022 micro format 19-09-2023 2023-00449499 PDF
31-12-2021 micro format 21-12-2022 2022-20543840 PDF
31-12-2020 micro format 21-12-2022 2022-20544622 PDF
31-12-2006 full format 31-08-2007 2007-71400219 PDF
31-12-2005 full format 30-08-2006 2006-74302594 PDF
31-12-1992 full format 10-09-1993 1993-35403010 PDF
31-12-1991 full format 10-06-1992 1992-09800639 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520202006
123,774--
91,819--
85,197--
27,827-6,8869,095
47.6%-25.0%
57.3%--3.6%
1.89-1.64
1.89-1.25
0.75--
103.0%--
59.0%-10.9%
over 100--
52 days-37 days
--386 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025202220212020
Tangible fixed assets€85,197---
€12,944---

Source: notes to the 2020 to 2025 annual accounts (statement of fixed assets)

Insights on VANMAR

The operating result for 2025 is €110,830, against a loss of €957 in 2022. Comparable figures for the intervening years are unavailable.

Debt's share of the balance-sheet total is 42.7%.

Board & ownership

Board

1 director, 1 in day-to-day management, no change since 2023
Director (not named in the articles)
since 15-11-2022 term without a fixed end
earlier manager, until 28-12-2023
listed in the 2022 annual accounts, filed on 19-09-2023
Managing director
appointed by deed of 28-12-2023
DE VOEGHT Aurélie

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
VANNESPENNE Damien Cyrille Julien
Director (not named in the articles)
DE VOEGHT Aurélie
Managing director
France Marot
Director
Armand Marot
Director
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
  • VANNESPENNE Damien Cyrille Julien
    • Director, from before 31-12-2020 to 28-12-2023
    • Director (not named in the articles), appointed by deed of 28-12-2023, still in office
  • DE VOEGHT Aurélie
    • Managing director, appointed by deed of 28-12-2023, still in office
  • BOULTON Jeannine
    • Mandate, from 26-10-1993 to 01-09-2023
  • France Marot
    • Director, from 28-12-1992 to 05-06-2022
  • Armand Marot
    • Director, from 22-01-1991 to 10-03-2015

See the board, name and registered office on a given date →

Control

Capital

Contribution
€5,142.18
Source
2025 annual accounts

Articles of association

deed of 28-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Organe d'administration, assemblée fixe nombre,durée mandat et en cas pluralité pouvoirs”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of May at 20:00

Network & group

No group

VANMAR has no parent and no holdings in its annual accounts. VANNESPENNE Damien Cyrille Julien is the only director. VANMAR shares no director with another company.

Timeline

Timeline

15 events since 1990

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 75 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0442467181
2025
Back to profit net €78,876 The net result is €78,876, after 3 loss-making years.
2023
1 director appointed, 1 resignationChange of role: VANNESPENNE Damien Cyrille Julien, from manager to director · Resignation: BOULTON Jeannine (mandate) · Appointment: DE VOEGHT Aurélie (managing director) · General meeting of 20-12-202310 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 50 days late
2022
Weakest financial year net -€1,257 The net result drops to -€1,257, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 508 days late
Annual accounts 2021 filed PDFmicro format · 143 days late
1 director appointed, 2 resignationsResignations: Armand Marot and France Marot · Appointment: Damien Vannespenne3 points ▸
  • Director resignation, Armand Marot
  • Director resignation, France Marot
  • Director appointment, Damien Vannespenne
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2007
Annual accounts 2006 filed PDFfull format · 31 days late
2006
Annual accounts 2005 filed PDFfull format · 30 days late
1993
Annual accounts 1992 filed PDFfull format · 41 days late
1992
Annual accounts 1991 filed PDFfull format · 51 days before the deadline
1991
First establishment Rue des Trixhes 147, Liège
1990
Incorporation published on 31-01-1991

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VANMAR was incorporated on 1 November 1990.1 Since 2022, VANNESPENNE Damien Cyrille Julien has served as director.2 The company has filed 8 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2022
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0442.467.181
VAT number
BE 0442.467.181
Peppol ID
0208:0442467181
Other Peppol ID
9925:BE0442467181
Legal form
Private limited company
Status
Active, normal situation
Founded
01-11-1990
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of May at 20:00
deed of 28-12-2023 (in French)
Peppol
Reachable since 13-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VANMAR in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
96022 Beauty treatment main activity
Codes under NACEBEL 2003
93022 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La pratique de la médecine; La consultance dans des sujets divers tels; Les services juridiques en rapprt avec les activités du…”
32 activities
  1. La pratique de la médecine
  2. La consultance dans des sujets divers tels
  3. Les services juridiques en rapprt avec les activités du professionnel
  4. Furnir des conseils,des consultations en matière statistiques,économiques,financières et administratives
  5. Mener tutes sortes d'études et d'activités à cet égard,à l'exception des conseils qui demanderaient une des connaissances supplémentaires et/ou réservées par la loi à d'autres professions
  6. Exercer les activités d’rdre juridique et économique compatibles avec la déontologie de la profession
  7. Toute activité d’intermédiaire
  8. L’organisation événementielle
  9. La formation
  10. La médecine est exercée au nom et pour le compte de la société
  11. En cas de pluralité d’actionnaires,ceux-ci mettent en commun la totalité de leur activité médicale au sein de la société
  12. Les honoraires sont perçus par et pour la société
  13. La société s’interdit toute exploitation commerciale de la médecine,toute forme de collusion directe ou indirecte,de dichotomie ou de surconsommation
  14. La responsabilité professionnelle de chaque médecin actionnaire est toujours illimitée
  15. Elle peut également accomplir,dans les limites légales et déontologiques les opérations financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet ou de nature à en faciliter directement ou indirectement,entièrement ou partiellement la réalisation
  16. La société exercera son activité professionnelle conformément au cadre légal,réglementaire et déontologique qui lui est applicable
  17. La société peut,à titre subsidiaire:concevoir,développer,acheter,vendre,louer,concéder tout droit intellectuel,tel que,mais sans s'y limiter,des marques,dessins,logos,brevets,savoir-faire,expertise ou tous autres actifs immatériels en vue de faciliter l’exécution de son objet
  18. La société a également pour objet,à titre accessoire et suivant des modalités arrêtées par les actionnaires en ce qui concerne les investissements,la gestion et la valorisation d’un patrimoine mobilier et immobilier,notamment par l’achat,de la pleine propriété ou de droits réels,la vente,la location,la mise en location,la construction,le tout au sens le plus large,pour autant que n’en soit altéré sa vocation première exclusivement médicale
  19. La société pourra louer ou sous-louer,acquérir des droits réels ou la pleine propriété de tout immeuble dans le but d’y établir son siège social et/ou un siège d’exploitation,soit d’y loger ses dirigeants et les membres de leur famille
  20. En assurant la gestion d’un centre médical ou d’un cabinet médical,en ce compris l’acquisition,la location et l’entretien du matériel médical et des biens d’équipement,la facturation et la perception d’honoraires médicaux,la mise à disposition de tout ce qui est nécessaire à la pratique de l’art de guérir
  21. En permettant la création,la construction,la location,l’acquisition,l’organisation et le fonctionnement d’un cabinet médical ou d’un centre médical de nature à faciliter l’exercice de la profession de médecin
  22. En assurant la défense des intérêts professionnels,moraux et matériels des médecins travaillant dans le cadre de la société
  23. Favoriser la recherche scientifique en organisant des activités de recyclage,de conférence et de manière générale de formation en matière médicale et en nouant des contacts avec tous les organismes poursuivant les mêmes buts
  24. Dispenser des conseils médicaux et exercice de la médecine par les actionnaires inscrits au Tableau de l'Ordre des Médecins ou des sociétés de médecins à personnalité juridique
  25. La consultance dans des sujets divers tels
  26. Les services juridiques en rapport avec les activités du professionnel
  27. Fournir des conseils,des consultations en matière statistiques,économiques,financières et administratives
  28. Mener toutes sortes d'études et d'activités à cet égard,à l'exception des conseils qui demanderaient une des connaissances supplémentaires et/ou réservées par la loi à d'autres professions
  29. Exercer les activités d’ordre juridique et économique compatibles avec la déontologie de la profession
  30. Toute activité d’intermédiaire
  31. L’organisation événementielle
  32. La formation
deed of 28-12-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Pont-de-Wandre 26 registered office 4020 Liège
Rue des Trixhes 147 4020 Liège 47279 Other retail sale of food 29-04-1991 2.052.545.635

Buildings and parcels at the addresses

Ground area
1,138 m²
Buildings
231 m²
Volume, LiDAR
1,944 m³
Tallest building
12.0 m
Buildings to scale, each on its own parcel
148 m², 9.2 m 82 m², 12.0 m 148 m², 9.2 m 82 m², 12.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
62059C0420/00F002920 m² 1 · 148 m² 9.2 m · 2
62113A0822/00E000219 m² 1 · 82 m² 12.0 m · 4

Contact

Phone +32 495 26 21 76