VIMADO
ActiveVIMADO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.14M and a net result of €403k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 4599 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+7
Solvency45▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days only on tighter terms
Liquidity ample (current ratio 1.57 against 1.82 in 2023; short-term debt: 9.3% and cash: 3.7% of total assets), but 80.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4599 sector peers (2024).
NBB · sector comparisonPosition among 4599 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 140 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 07-05-2025, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
7 d late
2023
1 d early
2022
4 d early
2021
4 d late
2020
2 d early
2018
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€403k▲ 408%
2023 · €79k
2018: €-42k
2020: €446k
2021: €-431k
2022: €633k
2023: €79k
2018 → 2024
Working capital
€305k▼ 28.4%
2023 · €426k
2018: €-91k
2020: €312k
2021: €-326k
2022: €351k
2023: €426k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€458k-€27k▼ 94.2%€660k▲ 2,390%€739k▲ 12.0%€1.14M▲ 54.5%
Operating result€470k-€-357k€764k€156k▼ 79.6%€513k▲ 229%
Net result€446k-€-431k€633k€79k▼ 87.5%€403k▲ 408%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 229% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.73M
Fixed assets
€4.89M▲ 5.8%
Current assets
€837k▼ 11.5%
Equity and liabilities €5.73M
Equity
€1.14M▲ 54.5%
Debt
€4.59M▼ 5.0%
The debt ratio falls from 86.7% to 80.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€945k▲
2023 · €539k
Cash flow
€834k▲
2023 · €463k
Solvency
19.9%▲
2023 · 13.3%
Current ratio
1.57▼
2023 · 1.82
Quick ratio
0.45▲
2023 · 0.19
Debt / equity
4.02▼
2023 · 6.54
ROE
35.3%▲
2023 · 10.7%
ROA
7.0%▲
2023 · 1.4%
Interest coverage
13.02▲
2023 · 7.09
Debt
€4.59M▼
2023 · €4.83M
Debt ≤ 1 year
€532k▲
2023 · €520k
Debt > 1 year
€4.06M▼
2023 · €4.31M
Income taxes
€41k▲
2023 · €7k
Staff costs
€3k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.57M€5.73M▲
Fixed assets21/28€4.63M€4.89M▲
Intangible fixed assets21€55k€44k▼
Tangible fixed assets22/27€4.57M€4.85M▲
Land and buildings22€2.34M€2.50M▲
Plant, machinery and equipment23€2.22M€2.29M▲
Furniture and vehicles24€14k€67k▲
Current assets29/58€946k€837k▼
Stocks and contracts in progress3€846k€599k▼
Stocks30/36€846k€599k▼
Amounts receivable within one year40/41€64k€27k▼
Trade receivables40€64k€4k▼
Other amounts receivable41-€23k
Cash at bank and in hand54/58€36k€211k▲
Equity and liabilities
Total equity and liabilities10/49€5.57M€5.73M▲
Equity10/15€739k€1.14M▲
Contributions10/11€19k€19k=
Reserves13€721k€1.12M▲
Distributable reserves133€721k€1.12M▲
Amounts payable17/49€4.83M€4.59M▼
Amounts payable after more than one year17€4.31M€4.06M▼
Financial debts170/4€4.31M€4.06M▼
Amounts payable within one year42/48€520k€532k▲
Current portion of amounts payable after more than one year42€262k€254k▼
Trade debts44€86k€192k▲
Suppliers440/4€86k€192k▲
Taxes, remuneration and social security45€23k€43k▲
Taxes450/3€22k€43k▲
Remuneration and social security454/9€951-
Other amounts payable47/48€150k€43k▼
Income statement
Code20232024
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€25k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€383k€431k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€32k€16k▼
Gross operating margin9900€597k€966k▲
Operating profit (loss)9901€156k€513k▲
Financial income75/76B€7k€3k▼
Recurring financial income75€7k€3k▼
Financial charges65/66B€76k€73k▼
Recurring financial charges65€76k€73k▼
Profit (loss) for the period before taxes9903€87k€444k▲
Income taxes67/77€7k€41k▲
Profit (loss) for the period9904€79k€403k▲
Profit (loss) for the period to be appropriated9905€79k€403k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€403k▲
Profit (loss) brought forward from the previous period14P€-27k-
Transfer to equity691/2€52k€403k▲
To other reserves6921€52k€403k▲
Social balance
Average headcount (FTE)90870.5-
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 7 days late
2024
30-09
Financial
Equity above €1MEq €1.14M ▲54.5%
3 profitable years in a row build equity to €1.14M.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Back to profitnet €633k
Net result €633k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 1.38
Current ratio from 0.68 to 1.38; short-term debt falls from €1.03M to €930k.
30-09
Financial
Equity above €500kEq €660k ▲2390%
Equity rises from €27k to €660k.
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
30-09
Financial
Weakest financial yearnet €-431k ▼197%
Net result drops to €-431k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €446k
Net result €446k after one loss-making year.
30-09
Financial
Liquidity times 5current ratio 1.38
Current ratio from 0.27 to 1.38.
30-09
Financial
Equity above €200kEq €458k ▲3837%
Equity rises from €12k to €458k.
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Mouscron · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marhemstraat(D) 77711 MouscronGround area
1.1 ha
Building footprint
469 m²
Parcel 54003S0363/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VIMADO
since 20132.225.928.086
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003S0363/00A000 | Wallonia | 1.1 ha | 1 · 469 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMouscron/Moeskroen2.225.928.086
Similar companies · same sector, comparable size
JC Développement
BE 0896.065.214
Neupré · Eq €1.14M
ZAKENKANTOOR VAN HOLDER
BE 0458.168.117
Pajottegem · Eq €1.14M
VEGA ENGINEERING EN CONSULTING
BE 0460.388.031
Ranst · Eq €1.14M
MCR MANAGEMENT GROUP
BE 0890.720.415
Kapellen · Eq €1.14M
BARRICADES BUSINESS CENTER
BE 0892.326.853
Brussel · Eq €1.14M
Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 26,352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2013
Fiscal year end30-09
Activities, NACEBEL
01500Mixed farming
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0498/281316