VIMADO
ActiveSummary
For VIMADO, one annual filing is missing. The 2024 annual accounts show equity of €1.1m and a net result of €403,171. Equity has been growing by about 31% per year since 2018. Its solvency ranks better than 24% of 4,583 sector peers (NACE 70, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-11-2013 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 1 other
- Joint committees
- 144 Paritair Comité voor de landbouw
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2024
- Establishment unit
- 2.225.928.086 7711 Mouscron, since 22-11-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 12-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
2024 figures too old to score
Annual accounts to 30-09-2024
- Gross margin
- €966,272
- ▲ 62.0%
- Turnover
- ≈ €1.5m
- estimated
- Profit
- €403,171
- ▲ 408%
- Equity
- €1.1m
- ▲ 54.5%
- Total assets
- €5.7m
- ▲ 2.9%
- Staff
- ≈ 0.1 FTE
- estimated
- 2025 accounts not filed, 187 days past the deadline
Net result +408%: other schema
Signalsraises riskFigures for financial year 2024 (filed on 07-05-2025)Liquidity: current ratio 1.57, cash €211,474Annual accounts not filed2024 accounts filed 7 days latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €5.7mShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2024. They are too old for a current score.
Filing: One annual filing is missing
Financial strength, FY 2024 · tick: 2023
Average
Solvency
45+7
equity 19.9% of total assets
Liquidity
55+4
short-term debt 9.3% · cash 3.7%
Profitability
78+7
return on assets 7.0%
Bankruptcy probability within 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.3%▲ +0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.4 percentage points vs 04-2025
06-2025: < 0.1%▼ -0.8 percentage points vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: 0.1%▲ +0.1 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.3 percentage points vs 06-2026
08-2026: 0.6%▲ +0.1 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 0.9%▲ +0.2 percentage points vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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, 187 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 year end30-04-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 7 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
7 days late
2023
1 day early
2022
4 days early
2021
4 days late
2020
2 days early
2018
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 3 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 30 April 2026 The financial year closed on 30 September 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 07-05-2025 PDF all 10 filings
Turnover
≈ €1.5m
Estimated: probably between €1.1m and €2.7m
EBIT margin
Not included in this filing
Net result
€403,171▲ 408%
2023 · €79,355
Working capital
€305,057▼ 28.4%
2023 · €426,034
Multi-year overview
2018 to 2024, 6 financial yearsOperating result
€513,487
▲ 229%
2024
20182024
Net result
€403,171
▲ 408%
2024
highest quarter of the sector
20182024
Equity
€1.1m
▲ 54.5%
2024
middle half of the sector
20182024
Total assets
€5.7m
▲ 2.9%
2024
middle half of the sector
20182024
Debt
€4.6m
▼ 5.0%
2024
20182024
Working capital
€305,057
▼ 28.4%
2024
middle half of the sector
20182024
Solvency
19.9%
▲ 6.7pp
2024
lowest quarter of the sector
20182024
Current ratio
1.57
▼ 0.25
2024
middle half of the sector
20182024
Return on assets (ROA)
7.0%
▲ 5.6pp
2024
middle half of the sector
20182024
Staff (FTE)
no figure
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820202021202220232024
Operating result-€0.04m-€0.5m--€0.4m€0.8m€0.2m▼ 79.6%€0.5m▲ 229%
Net result-€0.04m-€0.4mabove the sector's middle half--€0.4mbelow the sector's middle half€0.6mabove the sector's middle half€0.08mwithin the sector's middle half▼ 87.5%€0.4mabove the sector's middle half▲ 408%
Equity€0.01m-€0.5mabove the sector's middle half-€0.03mbelow the sector's middle half▼ 94.2%€0.7mwithin the sector's middle half▲ 25×€0.7mwithin the sector's middle half▲ 12.0%€1.1mwithin the sector's middle half▲ 54.5%
Total assets€0.1m-€6.1mabove the sector's middle half-€5.9mwithin the sector's middle half▼ 4.4%€6.1mwithin the sector's middle half▲ 4.8%€5.6mabove the sector's middle half▼ 9.4%€5.7mwithin the sector's middle half▲ 2.9%
Debt€0.1m-€5.7m-€5.8m▲ 2.8%€5.5m▼ 6.1%€4.8m▼ 12.0%€4.6m▼ 5.0%
Working capital-€0.09m-€0.3mabove the sector's middle half--€0.3mbelow the sector's middle half€0.4mwithin the sector's middle half€0.4mwithin the sector's middle half▲ 21.3%€0.3mwithin the sector's middle half▼ 28.4%
Solvency8.5%-7.5%below the sector's middle half-0.5%below the sector's middle half▼ 7.0pp10.7%below the sector's middle half▲ 10.3pp13.3%below the sector's middle half▲ 2.5pp19.9%below the sector's middle half▲ 6.7pp
Current ratio0.27-1.38within the sector's middle half-0.68within the sector's middle half▼ 0.691.38within the sector's middle half▲ 0.691.82within the sector's middle half▲ 0.441.57within the sector's middle half▼ 0.25
Return on assets (ROA)-30.6%-7.3%within the sector's middle half--7.3%below the sector's middle half▼ 14.6pp10.3%within the sector's middle half▲ 17.7pp1.4%within the sector's middle half▼ 8.9pp7.0%within the sector's middle half▲ 5.6pp
Staff (FTE)0.2below the sector's middle half-1.1within the sector's middle half▲ 450%0.5within the sector's middle half
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 3.3 times that of 2023. It is a recovery after the fall in 2023.
Large changes and their cause
- 2024 Net result +408% on 2023. The accounts now follow the full format, last year the abbreviated format.
- 2023 Net result -87% on 2022. The accounts now follow the abbreviated format, last year the full format.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.7m
Fixed assets
€4.9m ▲ 5.8%
Current assets
€836,931 ▼ 11.5%
Equity and liabilities €5.7m
Equity
€1.1m ▲ 54.5%
Debt
€4.6m ▼ 5.0%
Debt's share of the balance-sheet total falls from 86.7% to 80.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€944,801▲
2023 · €539,248
Cash flow
€834,485▲
2023 · €462,741
Quick ratio
0.45▲
2023 · 0.19
Debt to equity
4.02▼
2023 · 6.54
ROE
35.3%▲
2023 · 10.7%
Interest coverage
13.02▲
2023 · 7.09
Debt ≤ 1 year
€531,874▲
2023 · €519,880
Debt > 1 year
€4.1m▼
2023 · €4.3m
Income taxes
€40,569▲
2023 · €7,423
Staff costs
€2,997▼
2023 · €24,883
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2023 |
|---|---|---|
| Employees at the balance-sheet date | 2 | - |
| full-time | 2 | - |
| in full-time equivalents | 2 | - |
| Average over the year, in full-time equivalents | 1.1 | 0.5 |
| Joined | 106 | 38 |
| Left | 105 | 38 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €4.8m | €4.6m | €4.6m | €4.3m |
| Mortgages, amount registered | €4.6m | €4.6m | €4.6m | €4.6m |
| Mortgage mandates | €4.6m | €4.6m | €4.6m | €4.6m |
| Carrying value of the mortgaged assets | €5.2m | €4.9m | €4.6m | €4.9m |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 |
|---|---|---|---|---|
| Tangible fixed assets | €445,219 | - | €141,720 | €704,599 |
| Depreciation and write-downs of the year | €283,629 | €294,205 | €383,386 | €431,314 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.002m | - |
| Remuneration, social security and pensions62 | - | - | €0.04m | - | €0.02m | €0.003m | ▼ 88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.005m | €0.1m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.002m | - |
| Other operating charges640/8 | - | - | €211 | €212 | €0.03m | €0.02m | ▼ 49.3% |
| Gross operating margin9900 | -€0.04m | €0.6m | -€0.03m | €1.1m | €0.6m | €1.0m | ▲ 62.0% |
| Operating profit (loss)9901 | -€0.04m | €0.5m | -€0.4m | €0.8m | €0.2m | €0.5m | ▲ 229% |
| Financial income75/76B | - | - | €0.007m | €0.01m | €0.007m | €0.003m | ▼ 59.6% |
| Recurring financial income75 | €21 | €0.007m | €0.007m | €0.01m | €0.007m | €0.003m | ▼ 59.6% |
| Financial charges65/66B | - | - | €0.08m | €0.08m | €0.08m | €0.07m | ▼ 4.6% |
| Recurring financial charges65 | €27 | €0.03m | €0.08m | €0.08m | €0.08m | €0.07m | ▼ 4.6% |
| Profit (loss) for the period before taxes9903 | -€0.04m | €0.4m | -€0.4m | €0.7m | €0.09m | €0.4m | ▲ 411% |
| Income taxes67/77 | €93 | €0.001m | €209 | €0.06m | €0.007m | €0.04m | ▲ 447% |
| Profit (loss) for the period9904 | -€0.04m | €0.4m | -€0.4m | €0.6m | €0.08m | €0.4m | ▲ 408% |
| Profit (loss) for the period to be appropriated9905 | -€0.04m | €0.4m | -€0.4m | €0.6m | €0.08m | €0.4m | ▲ 408% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.1m | €6.1m | €5.9m | €6.1m | €5.6m | €5.7m | ▲ 2.9% |
| Fixed assets21/28 | €0.1m | €5.0m | €5.2m | €4.9m | €4.6m | €4.9m | ▲ 5.8% |
| Intangible fixed assets21 | €0.1m | €0.09m | €0.08m | €0.07m | €0.05m | €0.04m | ▼ 19.0% |
| Tangible fixed assets22/27 | €0.005m | €4.9m | €5.1m | €4.8m | €4.6m | €4.9m | ▲ 6.1% |
| Land and buildings22 | - | - | €2.6m | €2.5m | €2.3m | €2.5m | ▲ 6.7% |
| Plant, machinery and equipment23 | - | - | €2.5m | €2.3m | €2.2m | €2.3m | ▲ 3.1% |
| Furniture and vehicles24 | - | - | €209 | €150 | €0.01m | €0.07m | ▲ 376% |
| Current assets29/58 | €0.03m | €1.1m | €0.7m | €1.3m | €0.9m | €0.8m | ▼ 11.5% |
| Stocks and contracts in progress3 | - | €0.8m | €0.7m | €1.1m | €0.8m | €0.6m | ▼ 29.2% |
| Stocks30/36 | - | - | €0.7m | €1.1m | €0.8m | €0.6m | ▼ 29.2% |
| Amounts receivable within one year40/41 | €138 | €0.04m | €0.01m | €0.2m | €0.06m | €0.03m | ▼ 57.8% |
| Trade receivables40 | - | - | €0.003m | €0.1m | €0.06m | €0.004m | ▼ 93.9% |
| Other amounts receivable41 | - | - | €0.007m | €0.09m | - | €0.02m | - |
| Cash at bank and in hand54/58 | €0.03m | €0.3m | €0.03m | €0.008m | €0.04m | €0.2m | ▲ 486% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.1m | €6.1m | €5.9m | €6.1m | €5.6m | €5.7m | ▲ 2.9% |
| Equity10/15 | €0.01m | €0.5m | €0.03m | €0.7m | €0.7m | €1.1m | ▲ 54.5% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.03m | €0.4m | €0.03m | €0.7m | €0.7m | €1.1m | ▲ 55.9% |
| Distributable reserves133 | - | - | €0.03m | €0.7m | €0.7m | €1.1m | ▲ 55.9% |
| Profit (loss) carried forward14 | -€0.04m | - | -€0.03m | -€0.03m | - | - | - |
| Amounts payable17/49 | €0.1m | €5.7m | €5.8m | €5.5m | €4.8m | €4.6m | ▼ 5.0% |
| Amounts payable after more than one year17 | - | €4.9m | €4.8m | €4.6m | €4.3m | €4.1m | ▼ 5.9% |
| Financial debts170/4 | - | - | €4.8m | €4.6m | €4.3m | €4.1m | ▼ 5.9% |
| Amounts payable within one year42/48 | €0.1m | €0.8m | €1.0m | €0.9m | €0.5m | €0.5m | ▲ 2.3% |
| Current portion of amounts payable after more than one year42 | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 2.7% |
| Trade debts44 | €0.1m | €0.1m | €0.3m | €0.08m | €0.09m | €0.2m | ▲ 124% |
| Suppliers440/4 | - | - | €0.3m | €0.08m | €0.09m | €0.2m | ▲ 124% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.07m | €0.02m | €0.04m | ▲ 87.2% |
| Taxes450/3 | - | - | €209 | €0.07m | €0.02m | €0.04m | ▲ 95.3% |
| Remuneration and social security454/9 | - | - | €0.01m | - | €0.001m | - | - |
| Other amounts payable47/48 | - | - | €0.5m | €0.5m | €0.2m | €0.04m | ▼ 71.4% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€41,749 | €446,115 | -€431,237 | €633,452 | €79,355 | €403,171 | ▲ 408% |
| + Depreciation and write-downs630 | €4,840 | €145,475 | €283,629 | €294,205 | €383,386 | €431,314 | ▲ 12.5% |
| Operating cash flow (approximation) | -€36,909 | €591,590 | -€147,608 | €927,657 | €462,741 | €834,485 | ▲ 80.3% |
| Investment in fixed assets (approximation) | - | - | -€445,219 | €0 | -€141,720 | -€700,231 | ▼ 394% |
| Change in cash | - | - | -€220,737 | -€22,183 | €28,296 | €175,382 | ▲ 520% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2024 | full format | 07-05-2025 | 2025-00090717 | |
| 30-09-2023 | abbreviated format | 29-04-2024 | 2024-00072885 | |
| 30-09-2022 | full format | 26-04-2023 | 2023-00066587 | |
| 30-09-2021 | full format | 04-05-2022 | 2022-20019518 | |
| 30-09-2020 | micro format | 28-04-2021 | 2021-11800367 | |
| 31-12-2018 | micro format | 10-07-2019 | 2019-31300477 | |
| 31-12-2017 | micro format | 10-07-2018 | 2018-31300519 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-47400556 | |
| 31-12-2015 | abbreviated format | 24-08-2016 | 2016-46600400 | |
| 31-12-2014 | abbreviated format | 26-08-2015 | 2015-56400063 |
Board & ownership
Directors
Directors
1 director
VAN DAMME VINCENT
Current
Director · listed in the 2024 annual accounts, filed on 07-05-2025
Owners and capital
Owners
Network & group
VIMADO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of VIMADO. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
07-05
full format · 7 days late
2024
30-09
Financial
Equity above €1mequity €1.1m ▲54.5%
After 3 profitable years in a row, equity reaches €1.1m.
29-04
abbreviated format · 1 day before the deadline
2023
26-04
full format · 4 days before the deadline
2022
30-09
Financial
Back to profitnet €633,452
The net result is €633,452, after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 1.38
The current ratio rises from 0.68 to 1.38. Short-term debt falls from €1.0m to €929,877.
30-09
Financial
Equity above €500,000equity €659,956 ▲2,390%
Equity rises from €26,504 to €659,956.
04-05
full format · 4 days late
2021
30-09
Financial
Weakest financial yearnet -€431,237
The net result drops to -€431,237, the lowest from 2018 to 2024. It recovers the following year.
28-04
micro format · 2 days before the deadline
2020
30-09
Financial
Back to profitnet €446,115
The net result is €446,115, after one loss-making year.
30-09
Financial
Liquidity more than 5 timescurrent ratio 1.38
The current ratio rises from 0.27 to 1.38.
Show earlier events
30-09
Financial
Equity above €200,000equity €457,741 ▲3,837%
Equity rises from €11,626 to €457,741.
2019
10-07
micro format · 21 days before the deadline
2018
10-07
micro format · 21 days before the deadline
2017
24-08
micro format · 24 days late
2016
24-08
abbreviated format · 24 days late
2015
26-08
abbreviated format · 26 days late
2013
28-11
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VIMADO in French
Enterprise number
0542.489.227
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-11-2013
Entity type
Legal entity
Registered office and establishments
Registered office
Marhemstraat(D) 7, 7711 Mouscron, Belgium
Establishment unit
VIMADO, Marhemstraat(D) 7, 7711 Mouscron since 22-11-2013 · unit number 2.225.928.0860111001 Growing of cereals (except rice), leguminous crops and oil seeds
Phone
0498/281316
Activities
NACEBEL 2025VAT activities
70200
Business and other management consultancy main activity
Social security (RSZ) activities
01500
Mixed farming main activity
Codes under NACEBEL 2008
VAT activities
70220
Business consulting main activity
Social security (RSZ) activities
01500
Crop and animal production, hunting and related service activities main activity
Joint committees
144 Paritair Comité voor de landbouw
200 Aanvullend Paritair Comité voor de bedienden annual accounts 30-09-2024
Invoicing and payment
VAT number
BE 0542.489.227
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Recognitions · licences · registrations
Food safety, FASFC
1 siteMouscron/Moeskroenunit number 2.225.928.086
Sites & property
Location
Buildings and parcels at the address
Ground area
1.1 ha
Building footprint
469 m²
Building volume
2,751 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 54003S0363/00A000 | Wallonia | 1.1 ha | 1 · 469 m² | 8.3 m · 2 |