Vanram
ActiveSummary
Vanram has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €131,750. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 83% of 1,817 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €3.7m
- Profit
- €131,750
- Largest shareholder
- OLYMPIA INVEST · 50%
- Board
- 4 members
- Vandewalle Fernand Jozef OmerManaging director
Why 87raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.12, cash €64,723lowers riskSize: total assets €5.1mFounded in 1990Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 77, small): better than 83% on solvency, 46% on liquidity, 40% on profitability and 48% 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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Signals
This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move · Power of…
- Annual accounts filedfinancial year 2025 · micro…
- Appointments: Vandewalle Isabelle, Vandewalle Annelies and…Purpose change · Amendment of…
Financials · financial year 2025, micro format
2025 annual accounts filed late (4 days) Filed on 4 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00032013.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 12% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 77, Rental and leasing 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).
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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%.
| 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 14,766 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €292,361 | €288,877 | €262,056 | €286,663 | €301,369 | €298,717 | €294,973 | ▼ 1.3% |
| Other operating charges640/8 | - | - | - | €215,409 | €69,474 | €67,650 | €40,816 | ▼ 39.7% |
| Gross operating margin9900 | €499,637 | €505,639 | €482,200 | €528,646 | €642,258 | €617,991 | €618,758 | ▲ 0.1% |
| Operating profit (loss)9901 | €193,697 | €109,019 | €98,712 | €26,574 | €271,414 | €251,625 | €282,968 | ▲ 12.5% |
| Financial income75/76B | - | - | - | €23,510 | €5,214 | €1,877 | €2,364 | ▲ 26.0% |
| Recurring financial income75 | €912 | €282 | €7,822 | €23,510 | €5,214 | €1,877 | €2,364 | ▲ 26.0% |
| Financial charges65/66B | - | - | - | €67,673 | €102,928 | €113,423 | €105,390 | ▼ 7.1% |
| Recurring financial charges65 | €47,552 | €38,934 | €37,401 | €67,673 | €102,928 | €113,423 | €105,390 | ▼ 7.1% |
| Profit (loss) for the period before taxes9903 | €147,056 | €70,367 | €69,134 | -€17,589 | €173,701 | €140,079 | €179,943 | ▲ 28.5% |
| Income taxes67/77 | €70,216 | €23,356 | €30,608 | €645 | €36,461 | €34,206 | €48,193 | ▲ 40.9% |
| Profit (loss) for the period9904 | €76,840 | €47,011 | €38,526 | -€18,234 | €137,239 | €105,872 | €131,750 | ▲ 24.4% |
| Profit (loss) for the period to be appropriated9905 | €76,840 | €47,011 | €38,526 | -€18,234 | €137,239 | €105,872 | €131,750 | ▲ 24.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €4.6m | €5.4m | €5.1m | €5.7m | €5.6m | €5.3m | €5.1m | ▼ 4.7% |
| Fixed assets21/28 | €4.3m | €4.8m | €5.0m | €5.6m | €5.5m | €5.2m | €4.9m | ▼ 5.6% |
| Tangible fixed assets22/27 | €4.3m | €4.8m | €5.0m | €5.6m | €5.5m | €5.2m | €4.9m | ▼ 5.6% |
| Land and buildings22 | - | - | - | €4.2m | €4.9m | €4.7m | €4.4m | ▼ 4.9% |
| Plant, machinery and equipment23 | - | - | - | €203 | €432 | €272 | €112 | ▼ 58.9% |
| Furniture and vehicles24 | - | - | - | €389 | - | - | - | - |
| Leasing and similar rights25 | - | - | - | €0.7m | €0.6m | €0.6m | €0.5m | ▼ 11.7% |
| Assets under construction and advance payments27 | - | - | - | €0.7m | - | - | - | - |
| Financial fixed assets28 | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €0.3m | €0.5m | €0.09m | €0.09m | €0.1m | €0.09m | €0.1m | ▲ 52.0% |
| Amounts receivable within one year40/41 | €0.06m | €0.07m | €0.07m | €0.07m | €0.06m | €0.08m | €0.06m | ▼ 20.8% |
| Other amounts receivable41 | - | - | - | €0.07m | €0.06m | €0.08m | €0.06m | ▼ 20.8% |
| Cash at bank and in hand54/58 | €0.2m | €0.5m | €0.01m | €0.01m | €0.05m | €0.006m | €0.06m | ▲ 11× |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.006m | €0.007m | €0.01m | ▲ 38.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €4.6m | €5.4m | €5.1m | €5.7m | €5.6m | €5.3m | €5.1m | ▼ 4.7% |
| Equity10/15 | €3.3m | €3.3m | €3.4m | €3.3m | €3.5m | €3.6m | €3.7m | ▲ 3.7% |
| Contributions10/11 | €0.06m | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Contributions outside capital11 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Other1109/19 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves not available under the articles1311 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Profit (loss) carried forward14 | €3.1m | €3.2m | €3.2m | €3.2m | €3.3m | €3.4m | €3.6m | ▲ 3.9% |
| Amounts payable17/49 | €1.4m | €2.0m | €1.7m | €2.4m | €2.2m | €1.7m | €1.4m | ▼ 21.9% |
| Amounts payable after more than one year17 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Other amounts payable178/9 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Amounts payable within one year42/48 | €1.3m | €1.9m | €1.7m | €2.3m | €2.1m | €1.6m | €1.1m | ▼ 30.6% |
| Trade debts44 | €0.007m | €0.02m | €0.08m | €0.02m | €0.004m | €0.01m | €0.02m | ▲ 29.6% |
| Suppliers440/4 | - | - | - | €0.02m | €0.004m | €0.01m | €0.02m | ▲ 29.6% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.05m | - |
| Taxes450/3 | - | - | - | - | - | - | €0.05m | - |
| Other amounts payable47/48 | - | - | - | €2.2m | €2.1m | €1.6m | €1.1m | ▼ 34.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 90.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76,840 | €47,011 | €38,526 | -€18,234 | €137,239 | €105,872 | €131,750 | ▲ 24.4% |
| + Depreciation and write-downs630 | €292,361 | €288,877 | €262,056 | €286,663 | €301,369 | €298,717 | €294,973 | ▼ 1.3% |
| Operating cash flow (approximation) | €369,201 | €335,888 | €300,582 | €268,429 | €438,609 | €404,589 | €426,723 | ▲ 5.5% |
| Investment in fixed assets (approximation) | - | -€773,241 | -€432,994 | -€922,282 | -€207,802 | €0 | €0 | - |
| Change in cash | - | €221,907 | -€455,947 | €1,149 | €33,771 | -€41,155 | €59,018 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 04-02-2026 | 2026-00032013 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00019727 |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00017643 |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00012406 |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03000193 |
| 30-06-2020 | micro format | 01-02-2021 | 2021-03200064 |
| 30-06-2019 | micro format | 06-02-2020 | 2020-04500076 |
| 30-06-2018 | micro format | 31-01-2019 | 2019-03200394 |
| 30-06-2017 | micro format | 27-02-2018 | 2018-05500317 |
| 30-06-2016 | abbreviated format | 11-04-2017 | 2017-09200049 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Ramman Rita Alma |
|
| Vandewalle Fernand Jozef Omer |
|
| Vandewalle Annelies |
|
| Vandewalle Isabelle |
|
Owners and capital
Owners
1 ownerOwners 1
-
50%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 27-02-2025 Capital stated in the deed · 297,137 shares
- 16-02-2024 Converted to unavailable equity
Group and network
Connections & network
4 current directorsThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
30-09
Gazette deed
Registered officeRegistered-office move · Power of attorney4 facts ▸
- Board meeting, 24-09-2026
- Registered-office move, Waterputdreef 2 bus A, 8020 Oostkamp
- Power of attorney, CIMAKO BV
- Power of attorney
27-02
Gazette deed
Appointments: Vandewalle Isabelle, Vandewalle Annelies and 2 othersPurpose change · Amendment of the articles · Capital18 facts ▸
- Director appointment, Vandewalle Isabelle (bijkomende niet statutaire bestuurder)
- Director appointment, Vandewalle Annelies (bijkomende niet statutaire bestuurder)
- Other provision, “één of meerdere strafrechtelijke,burgerrechtelijke of andere bestuursverboden,noch besluit tegen benoeming als bestuurder, verklaring geen bestuursverbod” (deed in Dutch) (2 times)
- Other provision, 04-02-2025
- Other provision, “vrijstelling voorlezing verslag bestuursorgaan over wijziging van voorwerp, vergadering ontslaat voorzitter van voorlezing” (deed in Dutch)
- Other provision, “ontvangst afschrift verslag bestuursorgaan, alle aandeelhouders” (deed in Dutch)
- Other provision, “termijnen en formaliteiten door de wet in zijn belang ingesteld, verzaking aan termijnen en formaliteiten” (deed in Dutch)
- Other provision, “ter griffie van de bevoegde ondernemingsrechtbank, neerlegging verslag bestuursorgaan” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Other provision, “mogelijkheidvoorzienennieuwartikelinvoegen, dagelijksbestuur” (deed in Dutch)
- Capital
- +6 further facts in this act
16-02
Gazette deed
Resignation: VANDEWALLE Fernand Jozef Omer (statutory manager)Appointments: VANDEWALLE Fernand Jozef Omer (statutory director) and RAMMAN Rita Alma (bestuurder opvolger) · Amendment of the articles · Capital conversion15 facts ▸
- General meeting, 17-01-2024
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, artikel 39 §2 derde lid wet 23-03-2019” (deed in Dutch)
- Director resignation, VANDEWALLE Fernand Jozef Omer (statutory manager)
- Director appointment, VANDEWALLE Fernand Jozef Omer (statutory director)
- Other provision, “persoonlijk of via tussenpersoon, geen rechterlijk verbod onderneming uit te baten of functie bestuurder commissaris zaakvoerder uit te oefenen” (deed in Dutch)
- Director appointment, RAMMAN Rita Alma (bestuurder opvolger)
- Capital
- Board composition, VANDEWALLE Fernand Jozef Omer (statutory director)
- Registered office clause, “8460 Oudenburg,Brugsesteenweg 45” (deed in Dutch)
- Power of attorney, Gaëlle VANBELLE
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
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
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31009D0964/00T000 | Flanders | 4,435 m² | 1 · 396 m² | 10.1 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VANRAM
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alonedeed of 16-02-2024
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)deed of 27-02-2025
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met voorgeschreven vermeldingen WVV” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Elk moment, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en vereffening in een akte, bestuurders in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)