Financials
- Fiscal year
- 2024
- Turnover
- €182,440
- Loss
- -€8,929
- Solvency
- -21.1%
VEGAMAT
ActiveSummary
The computed 12-month bankruptcy probability of VEGAMAT is 11.3% (high). The 2024 annual accounts show negative equity (-€25,979) and a net result of -€8,929. Equity is shrinking by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 15% of 15874 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Agents specialised in the wholesale of other particular products
NACE 46180NACE 45112
2 sites
Size
€182,440turnover 2024
- Equity
- -€25,979
- Loss
- -€8,929
Structure
Accounts 65 d overdue2 of 6 deeds read
Why 28- 1 change of registered office in 24 months- Figures for FY 2024 (filed 03-07-2025)- 1 financial year not filed after the legal deadline; 2 of the last 3 late- 2 establishment unitsShow the evidence
Checked score
Score 2024
28
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
4+4
equity -21.1% of total assets
Liquidity
1+1
short-term debt 121.1% · cash 1.2%
Profitability
11-88
return on assets -7.2%
Bankruptcy probability, 12 months
11.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.8%
12-2024: 4.8%● 0.0% vs 11-2024
01-2025: 4.8%● 0.0% vs 12-2024
02-2025: 4.8%● 0.0% vs 01-2025
03-2025: 4.8%▲ +1.4% vs 02-2025
04-2025: 5.7%▲ +17.5% vs 03-2025
05-2025: 6.6%▲ +16.4% vs 04-2025
06-2025: 3.7%▼ -44.1% vs 05-2025lowest value
07-2025: 3.7%▲ +0.6% vs 06-2025
08-2025: 4.3%▲ +15.9% vs 07-2025
09-2025: 4.3%▼ -0.1% vs 08-2025
10-2025: 4.3%● 0.0% vs 09-2025
11-2025: 4.3%▲ +0.4% vs 10-2025
12-2025: 4.2%▼ -3.1% vs 11-2025
01-2026: 4.1%▼ -1.0% vs 12-2025
02-2026: 4.2%▲ +0.5% vs 01-2026
03-2026: 4.0%▼ -2.6% vs 02-2026
04-2026: 6.5%▲ +61.5% vs 03-2026
05-2026: 7.1%▲ +7.9% vs 04-2026
06-2026: 6.9%▼ -1.7% vs 05-2026
07-2026: 6.9%▼ -0.4% vs 06-2026
08-2026: 7.5%▲ +8.3% vs 07-2026
09-2026: 8.2%▲ +10.0% vs 08-2026
10-2026: 11.3%▲ +37.5% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 03-07-2025) raises the probability
- 1 financial year not filed after the legal deadline; 2 of the last 3 late raises the probability
- 2 establishment units raises the probability
No credit on open account
Liquidity short (current ratio 0.71 against 0.25 in 2023; short-term debt: 121.1% and cash: 1.2% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 12%, liquidity 4%, profitability 17%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€25,979
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
31 d late
2022
87 d late
2021
171 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 65 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Statutes amendmentCapital
- Registered officeName change · Registered-office move…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2023
- 02-04-2026Statutes amendment
- 31-03-2026Registered office
- 02-07-2025Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Agents specialised in the wholesale of other particular…NACE 46180
- Founded
- 23-11-2020
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 30
- Annual meeting
- Last Friday of June at 15:00
- Purpose
- Le commerce de détail ou de gros en général, y compris l'achat, la vente, l'importation et…
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