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VEMAC

Inactive KBO/BCE: BE 0807.968.032

Overview

Lifetime

13 annual accounts with figures on one time axis
peak €360,905 (2014)
€34,792▼ 82.0%
lowest -€102,387 (2018)
-€32▲ €14,656
peak €185,635 (2014)
-€83,534unchanged
€458,177▼ 17.8%
peak 9.8 FTE (2018)
-not published
Board2 names since 2022
2 directorsLemeire Aurelie and 1 other
Documentsfilings and deeds
22-11-202222 days late
2022abbreviated format
Gross margin from €193,309 to €34,792Loss of €32Debts from €557,301 to €458,177Cash from €12,787 to €34,493

Key points

from the 2022 annual accounts, the last ones filed

Equity

-€83,534 from €185,635 in 2014

Equity fell below zero in 2019.

Debts

€458,177 122% of the balance sheet
Financial debts 55%Suppliers 40%Taxes and wages 0%Other 5%

Of this, €205,971 falls due within a year.

Filings

13 annual accounts since 2010
deadline201020152020

Eight of the last ten came late. The 2022 accounts came latest: 22 days after the end of the period.

No score

Board and ownership

LA
Lemeire Aurelie
Director
PC
Pipar Christof
Director
Board & ownership

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Veurne division · judgment of 03-12-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Veurne division · judgment of 03-05-2023 · Bankruptcy
Registered office moved from Bruges to Diksmuide New registered office: Stationsstraat 33, 8600 Diksmuide · Previous registered office: Kustlaan 85, 8380 Brugge (Zeebrugge) · General meeting of 18-11-2020 · Gazette deed
Incorporation 4 publications in the Belgian Official Gazette, the last on 05-01-2021 · Gazette deed
All 23 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 03-12-2008 · bankruptcy closed on 03-12-2025
Activity
No activity registered in the KBO
Financial year end
31 March
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 31-03-2022

€34,792▼ 82.0%
≈ €120,000estimated
€32▼ 99.8%
-€83,534=
€374,643▼ 20.9%
Filing
Filed on 22-11-2022
Financials

Insights on VEMAC

Equity fell from €185,635 in 2014 to -€83,534 in 2022.

On 3 May 2023 the court declared VEMAC bankrupt.

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

Financials

Annual accounts 2022

abbreviated format, filed on 22-11-2022, 22 days late
€34,792
▼ 82.0%
€12,471
▲ 137%
-€32
▲ €14,656
-€40,921
▲ €32,384
-22.3%
▼ 4.7 percentage points
0.80
▲ 0.13

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €67,000 and €230,000.

Balance sheet

balance sheet total €374,643 on 31-03-2022
What the company ownsHow it is paid for

in euro

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 374,643473,799772,096841,705885,5061.0m1.0m1.1m1.2m1.2m763,081729,795640,269
21/28 209,592326,963363,752400,241449,873501,665444,094488,042554,181603,547257,542303,751300,910
21 ----11,96627,92243,87759,83375,78891,743107,699123,654139,610
22/27 209,592326,963363,752400,241437,907473,104399,577427,570477,841508,391146,401176,656157,956
22 209,592326,963348,412369,862391,311410,643323,840342,880361,920380,960---
23 --11,85420,13128,74936,70547,27555,63280,706100,941120,367148,609157,699
24 --1,3234,1987,87011,62310,1745,58111,530543374486257
26 --2,1626,0519,97814,13318,28823,47723,68525,94725,66127,561-
28 -----6406406405523,4123,4423,4423,344
29/58 165,050146,836408,344441,464435,632541,085558,318606,076617,348579,607505,540426,044339,359
29 700------------
291 700------------
3 --236,184254,869269,300276,412246,161232,741224,954195,318192,813198,284194,219
30/36 --236,184254,869269,300276,412246,161232,741224,954195,318192,813198,284194,219
40/41 79,85780,422111,268135,888121,274203,135194,930237,923242,760224,724188,812121,27679,639
40 1,11911,40264,86281,39673,644159,559166,940229,861236,412219,575186,637115,98575,754
41 78,73869,02046,40654,49247,63043,57627,9908,0626,3485,1492,1755,2913,885
50/53 -3,62772746346346330,43830,38130,25630,04529,70529,27515,038
54/58 34,49312,78752,87940,14437,64154,30479,67397,574111,234121,39880,71469,31438,090
490/1 50,00050,0007,28710,0996,9546,7717,1167,4588,1438,12213,4967,89512,373
Balance sheet: equity and liabilities
10/49 374,643473,799772,096841,705885,5061.0m1.0m1.1m1.2m1.2m763,081729,795640,269
10/15 -83,534-83,502-68,814-75,08015,927118,314118,189154,408185,635121,885142,298126,15781,485
10/11 65,00065,000-65,00065,00065,00065,00065,00065,00065,00065,00065,00065,000
100 ---65,00065,00065,00065,00065,00065,00065,00065,00065,00065,000
11 --65,000----------
1100/10 --65,000----------
13 120,635120,635120,635120,635120,635120,635120,635120,635120,63577,29877,29861,15716,485
130/1 6,5006,5006,500----------
130 ---6,5006,5006,5006,5006,5006,5006,5006,5006,5006,500
1311 6,5006,500-----------
1319 --6,500----------
133 114,135114,135114,135114,135114,135114,135114,135114,135114,13570,79870,79854,6579,985
14 -269,169-269,137-254,449-260,715-169,708-67,321-67,446-31,227--20,413---
17/49 458,177557,301840,909916,785869,578924,437884,224939,710985,8941.1m620,783603,638558,784
17 252,205337,160605,412613,433643,658683,165640,920644,857684,104738,669374,137459,454421,619
170/4 252,205337,160364,678394,121424,150453,521390,976403,456454,179520,268146,452191,460201,156
175 --240,734219,312219,508229,644249,944241,402229,924218,401227,686267,993220,463
42/48 205,971220,141235,370301,248225,921241,271243,304294,678301,790319,745245,903144,184137,165
42 21,62127,51842,44343,03042,37147,12131,14765,38866,08981,44163,27142,74236,216
43 --12457713902-------
430/8 --12457713902-------
44 182,183191,761107,434169,59295,63998,467120,06375,70859,67386,65079,83363,97262,765
440/4 182,183191,761107,434169,59295,63998,467120,06375,70859,67386,65079,83363,97262,765
46 -------96943420---
45 37786237,28546,16752,97458,07933,90634,74356,31235,49722,91734,97125,684
450/3 3778621,7437411,0381,2401,3211,59123,7132,1446,52618,4225,066
454/9 --35,54245,42651,93656,83932,58533,15332,60033,35316,39116,54920,618
47/48 1,790-48,08541,88234,92336,70258,188118,743118,773115,73779,8822,50012,500
492/3 --1272,104---175-2,854743--
Income statement
76A 16,677------------
9900 34,792193,309286,273233,687208,305328,054272,919230,683360,905302,139267,051281,564291,280
62 -146,427201,325241,305222,941226,635191,897156,650157,473175,476170,870143,697178,822
630 19,04822,77236,49049,91256,77772,64777,70875,75275,352113,11249,24749,09457,715
640/8 3,2734,3678,5967,3065,5725,6505,8725,1534,7246,6566,9912,4422,434
66A -14,484---------950-
9901 12,4715,25939,862-64,836-76,98423,123-2,558-6,872123,3556,89439,94386,33252,309
75/76B -1101,5004,6283,9575,0304,90010,5924,6534,3193,0201,210694
75 -1101,5004,6283,9575,0304,90010,5924,6534,3193,0201,210694
65/66B 12,28620,05834,85130,49328,75927,67738,37334,83541,90531,61022,09620,94331,431
65 12,28620,05834,85130,49328,75927,67738,37334,83541,90531,61022,09620,94331,431
9903 185-14,6886,511-90,702-101,787476-36,032-31,11686,104-20,39720,86665,64821,573
67/77 217-24530560035118711122,353164,72518,4775,087
9904 -32-14,6886,266-91,007-102,387125-36,219-31,22763,750-20,41316,14147,17216,485
9905 -32-14,6886,266-91,007-102,387125-36,219-31,22763,750-20,41316,14147,17216,485
Appropriation of the result
9906 -269,169-269,137-254,449-260,715-169,708-67,321-67,446-31,22743,337-20,41316,14147,17216,485
14P -269,137------------
691/2 --------43,337-16,14144,67216,485
6920 ------------6,500
6921 --------43,337-16,14144,6729,985
694/7 -----------2,500-
695 -----------2,500-
Social balance sheet
9087 -779.59.888.47.77.16.777.26.5
Hours worked1013 -11,64511,64513,27515,0424,49612,92110,09110,81310,73411,10110,82713,682
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 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 2022 (PDF), filed on 22-11-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2022 annual accounts filed 22 days after the deadline. Filed on 22 November 2022, deadline 31 October 2022 (7 months after the close on 31 March 2022, Companies Code art. 3:10). Source: NBB, 2022-20524260.

Financial year Type Filed Reference Document
31-03-2022 abbreviated format 22-11-2022 2022-20524260 PDF
31-03-2021 abbreviated format 02-11-2021 2021-75800526 PDF
31-03-2020 abbreviated format 30-10-2020 2020-65600194 PDF
31-03-2019 abbreviated format 20-11-2019 2019-74400096 PDF
31-03-2018 abbreviated format 07-11-2018 2018-71800358 PDF
31-03-2017 abbreviated format 20-11-2017 2017-70000021 PDF
31-03-2016 abbreviated format 08-11-2016 2016-67600280 PDF
31-03-2015 abbreviated format 26-08-2015 2015-51000559 PDF
31-03-2014 abbreviated format 05-11-2014 2014-66900133 PDF
31-03-2013 abbreviated format 20-11-2013 2013-66300566 PDF
31-03-2012 abbreviated format 07-11-2012 2012-63400407 PDF
31-03-2011 abbreviated format 26-09-2011 2011-55500405 PDF
31-03-2010 abbreviated format 28-09-2010 2010-56000511 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2022202120202019201820172016201520142013201220112010
31,51928,03176,352-14,924-20,20795,77075,15068,880198,708120,00689,190135,425110,024
19,0168,08342,756-41,095-45,61072,77241,48944,525139,10292,69965,38896,26574,201
-98,323-14,01701,5505,916131,55958,98043,33229,177461,2957,39951,975354,473
21,706-40,09212,7342,503-16,663-25,369-17,901-13,660-10,16440,68411,40031,224-
-40,921-73,305172,974140,216209,712299,814315,015311,398315,557259,861259,637281,860202,194
-22.3%-17.6%-8.9%-8.9%1.8%11.3%11.8%14.1%15.8%10.3%18.6%17.3%12.7%
0.800.671.731.471.932.242.292.062.051.812.062.952.47
0.800.670.730.620.741.101.281.271.301.201.271.581.06
----54.607.817.486.095.318.714.364.786.86
-----642.8%0.1%-30.6%-20.2%34.3%-16.7%11.3%37.4%20.2%
0.0%-3.1%0.8%-10.8%-11.6%0.0%-3.6%-2.9%5.4%-1.7%2.1%6.5%2.6%
2.57------------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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.

Insights on VEMAC

The operating result for 2022 is 137% higher than in 2021. It is a recovery after the fall in 2021.

Equity is negative. Debt (€458,177) exceeds the balance-sheet total (€374,643).

Board & ownership

Curator

1 mandate
Curator, Fabriekstraat 4 / Bus 01, 8600 Diksmuide
from 03-05-2023 to 03-12-2025
Also on 53 other cases

Last board

2 directors
Lemeire Aurelie
Director
listed in the 2022 annual accounts, filed on 22-11-2022
Pipar Christof
Director
listed in the 2022 annual accounts, filed on 22-11-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Lemeire Aurelie
Director
Pipar Christof
Director
Boardmandate already running before its first mentionBankruptcy 03-05-2023
Mandates as a list
  • Lemeire Aurelie
    • Director, from before 31-03-2022, until the bankruptcy of 03-05-2023
  • Pipar Christof
    • Director, from before 31-03-2022, until the bankruptcy of 03-05-2023

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

Control

Capital

Contribution
€65,000
Source
2022 annual accounts

Network & group

No group

VEMAC has no parent and no holdings in its annual accounts. VEMAC shares no director with another company.

Timeline

Timeline

23 events since 2008
2025
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Veurne division · judgment of 03-12-2025
2023
Bankruptcy published Enterprise Court of Ghent, Veurne division · judgment of 03-05-2023
2022
Annual accounts 2022 filed PDFabbreviated format · 22 days late
2021
Annual accounts 2021 filed PDFabbreviated format · 2 days late
Registered office moved from Bruges to DiksmuideNew registered office: Stationsstraat 33, 8600 Diksmuide · Previous registered office: Kustlaan 85, 8380 Brugge (Zeebrugge) · General meeting of 18-11-20202 points ▸
  • General meeting, 18-11-2020
  • Registered-office move, Stationsstraat 33, 8600 Diksmuide

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2020 filed PDFabbreviated format · 1 day before the deadline
Back to profit net €6,266 The net result is €6,266, after 2 loss-making years.
2019
Annual accounts 2019 filed PDFabbreviated format · 20 days late
2018
Annual accounts 2018 filed PDFabbreviated format · 7 days late
Weakest financial year net -€102,387 The net result drops to -€102,387, the lowest from 2010 to 2022.
2017
Annual accounts 2017 filed PDFabbreviated format · 20 days late
Back to profit net €125 The net result is €125, after 2 loss-making years.
2016
Annual accounts 2016 filed PDFabbreviated format · 8 days late
2015
Annual accounts 2015 filed PDFabbreviated format · 66 days before the deadline
2014
Annual accounts 2014 filed PDFabbreviated format · 5 days late
Back to profit net €63,750 The net result is €63,750, after one loss-making year.
Equity above €150,000 equity €185,635 ▲52.3% Equity rises from €121,885 to €185,635.
2013
Annual accounts 2013 filed PDFabbreviated format · 20 days late
2012
Annual accounts 2012 filed PDFabbreviated format · 7 days late
2011
Annual accounts 2011 filed PDFabbreviated format · 35 days before the deadline
Equity above €100,000 equity €126,157 ▲54.8% With a profit in every financial year since 2010, equity grows to €126,157.
2010
Annual accounts 2010 filed PDFabbreviated format · 33 days before the deadline
2008
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 05-01-2021

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

The registered office was moved to Diksmuide in 2021.1 Total assets fell from €841,705 in 2019 to €374,643 in 2022 and headcount from 9.5 full-time equivalents in 2019 to 7 in 2021.2 The bankruptcy of VEMAC was declared on 3 May 2023 and closed on 3 December 2025.34

  1. 1Belgian Official Gazette, 05-01-2021
  2. 2National Bank, annual accounts 2019, 2021 and 2022
  3. 3Belgian Official Gazette, 09-05-2023
  4. 4Belgian Official Gazette, 10-12-2025

Company details

Inactive

VEMAC is no longer in the KBO register.

Last annual accounts
financial year to 31 March 2022
Last registered office
Kustlaan 85, 8380 Zeebruggeas published on 5 January 2021
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 2010
Official KBO record