VEMAFISC
ActiveSummary
VEMAFISC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €295,053 and a net result of €1,845. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 15375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-25
Solvency90▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 3.5 against 4.16 in 2023; short-term debt: 9.3% and cash: 24.3% of total assets), and 35% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
26 d early
2022
62 d early
2021
62 d early
2020
60 d early
2019
54 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€295,053▲ 0.6%
2023 · €293,208
Total assets
€454,074▼ 2.9%
2023 · €467,802
Net result
€1,845▼ 93.1%
2023 · €26,602
Working capital
€105,419▼ 3.1%
2023 · €108,754
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€224,861▲ 212%€19,116▼ 91.5%€9,589▼ 49.8%€42,170▲ 340%€11,428▼ 72.9%
Net result€151,706above the sector's middle half▲ 263%-€1,887below the sector's middle half€561below the sector's middle half€26,602within the sector's middle half▲ 4,646%€1,845below the sector's middle half▼ 93.1%
Equity€348,124above the sector's middle half▲ 76.3%€295,245above the sector's middle half▼ 15.2%€295,805above the sector's middle half▲ 0.2%€293,208above the sector's middle half▼ 0.9%€295,053above the sector's middle half▲ 0.6%
Total assets€535,239above the sector's middle half▲ 33.8%€458,608within the sector's middle half▼ 14.3%€452,184within the sector's middle half▼ 1.4%€467,802within the sector's middle half▲ 3.5%€454,074within the sector's middle half▼ 2.9%
Debt€186,784▼ 7.5%€163,364▼ 12.5%€156,378▼ 4.3%€174,594▲ 11.6%€159,021▼ 8.9%
Working capital€208,183above the sector's middle half▲ 284%€160,244within the sector's middle half▼ 23.0%€148,416within the sector's middle half▼ 7.4%€108,754within the sector's middle half▼ 26.7%€105,419within the sector's middle half▼ 3.1%
Solvency65.0%within the sector's middle half▲ 15.7pp64.4%within the sector's middle half▼ 0.7pp65.4%within the sector's middle half▲ 1.0pp62.7%within the sector's middle half▼ 2.7pp65.0%within the sector's middle half▲ 2.3pp
Current ratio5.30above the sector's middle half▲ 3.264.96above the sector's middle half▼ 0.347.00above the sector's middle half▲ 2.044.16within the sector's middle half▼ 2.843.50within the sector's middle half▼ 0.67
Return on assets (ROA)28.3%above the sector's middle half▲ 17.9pp-0.4%below the sector's middle half▼ 28.8pp0.1%below the sector's middle half▲ 0.5pp5.7%within the sector's middle half▲ 5.6pp0.4%below the sector's middle half▼ 5.3pp
Staff (FTE)0.2below the sector's middle half▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 73% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €454,074
Fixed assets
€306,418 ▼ 5.6%
Current assets
€147,656 ▲ 3.2%
Equity and liabilities €454,074
Equity
€295,053 ▲ 0.6%
Debt
€159,021 ▼ 8.9%
Debt's share of the balance-sheet total falls from 37.3% to 35.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34,601▼
2023 · €54,495
Cash flow
€25,019▼
2023 · €38,927
Debt to equity
0.54▼
2023 · 0.60
ROE
0.6%▼
2023 · 9.1%
Interest coverage
3.81▼
2023 · 7.46
Debt ≤ 1 year
€42,237▲
2023 · €34,366
Debt > 1 year
€116,534▼
2023 · €139,939
Income taxes
€2,439▼
2023 · €11,198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €38,323 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,695 | €20,775 | €11,800 | €12,325 | €23,173 | ▲ 88.0% |
| Other operating charges640/8 | - | €4,607 | €4,675 | €8,061 | €3,283 | ▼ 59.3% |
| Non-recurring operating charges66A | - | - | - | €4,455 | €82 | ▼ 98.2% |
| Gross operating margin9900 | €259,606 | €44,498 | €26,063 | €67,011 | €37,966 | ▼ 43.3% |
| Operating profit (loss)9901 | €224,861 | €19,116 | €9,589 | €42,170 | €11,428 | ▼ 72.9% |
| Financial income75/76B | - | €993 | €1,230 | €2,933 | €1,927 | ▼ 34.3% |
| Recurring financial income75 | €993 | €993 | €1,230 | €2,933 | €1,927 | ▼ 34.3% |
| Financial charges65/66B | - | €8,531 | €7,792 | €7,303 | €9,070 | ▲ 24.2% |
| Recurring financial charges65 | €9,432 | €8,531 | €7,792 | €7,303 | €9,070 | ▲ 24.2% |
| Profit (loss) for the period before taxes9903 | €216,421 | €11,578 | €3,027 | €37,800 | €4,284 | ▼ 88.7% |
| Transfer from deferred taxes780 | - | €331 | - | - | - | - |
| Income taxes67/77 | €65,046 | €13,795 | €2,467 | €11,198 | €2,439 | ▼ 78.2% |
| Profit (loss) for the period9904 | €151,706 | -€1,887 | €561 | €26,602 | €1,845 | ▼ 93.1% |
| Transfer from tax-exempt reserves789 | - | €39,990 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €151,706 | €38,103 | €561 | €26,602 | €1,845 | ▼ 93.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €535,239 | €458,608 | €452,184 | €467,802 | €454,074 | ▼ 2.9% |
| Fixed assets21/28 | €278,628 | €257,853 | €279,031 | €324,682 | €306,418 | ▼ 5.6% |
| Tangible fixed assets22/27 | €278,628 | €257,853 | €279,031 | €323,182 | €304,918 | ▼ 5.7% |
| Plant, machinery and equipment23 | - | €17,125 | €12,807 | €10,423 | €6,414 | ▼ 38.5% |
| Furniture and vehicles24 | - | €1,998 | €33,247 | €2,572 | €6,043 | ▲ 135% |
| Leasing and similar rights25 | - | - | - | €82,962 | €70,989 | ▼ 14.4% |
| Other tangible fixed assets26 | - | €238,730 | €232,977 | €227,225 | €221,472 | ▼ 2.5% |
| Financial fixed assets28 | - | - | - | €1,500 | €1,500 | = |
| Current assets29/58 | €256,611 | €200,756 | €173,153 | €143,120 | €147,656 | ▲ 3.2% |
| Amounts receivable within one year40/41 | €774 | €7,897 | €41,826 | €62,012 | €29,356 | ▼ 52.7% |
| Trade receivables40 | - | €7,897 | €5,500 | €4,513 | €6,519 | ▲ 44.5% |
| Other amounts receivable41 | - | - | €36,326 | €57,499 | €22,837 | ▼ 60.3% |
| Cash at bank and in hand54/58 | €249,341 | €191,557 | €130,136 | €74,501 | €110,383 | ▲ 48.2% |
| Deferred charges and accrued income490/1 | - | €1,302 | €1,190 | €6,607 | €7,918 | ▲ 19.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €535,239 | €458,608 | €452,184 | €467,802 | €454,074 | ▼ 2.9% |
| Equity10/15 | €348,124 | €295,245 | €295,805 | €293,208 | €295,053 | ▲ 0.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €336,171 | €284,181 | €284,181 | €280,981 | €282,781 | ▲ 0.6% |
| Non-distributable reserves130/1 | - | €9,481 | €9,481 | - | - | - |
| Reserves not available under the articles1311 | - | €9,481 | €9,481 | - | - | - |
| Distributable reserves133 | - | €274,700 | €274,700 | €280,981 | €282,781 | ▲ 0.6% |
| Profit (loss) carried forward14 | €4,760 | €4,864 | €5,424 | €6,026 | €6,072 | ▲ 0.8% |
| Provisions and deferred taxes16 | €331 | - | - | - | - | - |
| Amounts payable17/49 | €186,784 | €163,364 | €156,378 | €174,594 | €159,021 | ▼ 8.9% |
| Amounts payable after more than one year17 | €136,959 | €122,490 | €131,315 | €139,939 | €116,534 | ▼ 16.7% |
| Financial debts170/4 | - | €122,490 | €131,315 | €139,939 | €116,534 | ▼ 16.7% |
| Amounts payable within one year42/48 | €48,428 | €40,512 | €24,737 | €34,366 | €42,237 | ▲ 22.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,648 | €8,030 | ▲ 5.0% |
| Financial debts43 | - | €14,470 | €15,071 | €15,696 | €16,348 | ▲ 4.2% |
| Credit institutions430/8 | - | €14,470 | €15,071 | €15,696 | €16,348 | ▲ 4.2% |
| Trade debts44 | €8,037 | €1,787 | €2,913 | €6,637 | €13,915 | ▲ 110% |
| Suppliers440/4 | - | €1,787 | €2,913 | €6,637 | €13,915 | ▲ 110% |
| Taxes, remuneration and social security45 | - | €6,927 | €6,753 | €4,385 | €3,944 | ▼ 10.0% |
| Taxes450/3 | - | €6,927 | €4,795 | €2,426 | €1,994 | ▼ 17.8% |
| Remuneration and social security454/9 | - | - | €1,958 | €1,958 | €1,950 | ▼ 0.4% |
| Other amounts payable47/48 | - | €17,328 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €362 | €326 | €289 | €250 | ▼ 13.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €151,706 | -€1,887 | €561 | €26,602 | €1,845 | ▼ 93.1% |
| + Depreciation and write-downs630 | €20,695 | €20,775 | €11,800 | €12,325 | €23,173 | ▲ 88.0% |
| Operating cash flow (approximation) | €172,401 | €18,889 | €12,360 | €38,927 | €25,019 | ▼ 35.7% |
| Investment in fixed assets (approximation) | - | €0 | -€32,978 | -€57,975 | -€4,910 | ▲ 91.5% |
| Change in cash | - | -€57,784 | -€61,420 | -€55,635 | €35,882 | ▲ 164% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
17-09
State Gazette act
Incorporation · Founding capital
Bank account · Registered office clause
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €561
Net result €561 after one loss-making year.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€1,887
Net result drops to -€1,887, the lowest in the series; recovery starts the following year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €151,706 ▲263%
Operating result €224,861, net result €151,706, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.30
Current ratio from 2.04 to 5.30; short-term debt falls from €52,335 to €48,428.
31-12
Financial
Equity above €200,000Eq €348,124 ▲76.3%
3 profitable years in a row build equity to €348,124.
07-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Opwijk · 1 establishment unit since 2002
Ground area
2,994 m²
Building footprint
448 m²
Volume, LiDAR
2,759 m³
2 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
vemafisc
since 20022.146.930.395
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060C0475/00B003 | Flanders | 2,390 m² | 1 · 295 m² | 11.2 m · 3 fl. |
| 23060A0447/00C010 | Flanders | 604 m² | 1 · 153 m² | 10.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,139 EUR awarded · 1,139 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 357 EUR | 357 EUR |
| 2024 | 1 | 507 EUR | 507 EUR |
| 2023 | 1 | 216 EUR | 216 EUR |
| 2022 | 1 | 59 EUR | 59 EUR |
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B.V.S.G.
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ACCOUNTANTSKANTOOR WIM BRUGMANS
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BOEKHOUDKANTOOR STERCK
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,070 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479150504
Also
9925:BE0479150504
Registered
11-09-2024
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.