Equity
-€3.2m
Debts exceed assets in financial year 2025.
VIMINALIS
Part of the group
61 companies in 4 countries
Lifetime
6 annual accounts with figures on one time axispeak €1.2m (2024)
-€1.1m▼ €2.3m
lowest -€3.7m (2025)
-€3.7m▼ €2.0m
peak €5.3m (2021)
-€3.2m▼ €3.7m
€30.1m▲ 8.8%
Board11 names since 2020
6 directors and 5 others
Owners4 names in the annual accounts
85% and 2 others
Documentsfilings and deeds
24-09-202655 days late
2025abbreviated format
Gross margin from €1.2m to -€1.1mLoss of €3.7m1 director appointed, 1 resignation 02-12Equity from €443,765 to -€3.2mCash from €77,086 to €983
Key points
from the 2025 annual accountsLosses
-€7.4m in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€30.1m 112% of the balance sheet
Financial debts 76%Suppliers 3%Taxes and wages 0%Other 20%
€23.0m of the debts are secured on the company's own assets. In 2021 that was €20.0m.
At the same address
87 companies
Board
1 joined · 2 left
Board changed. Latest change 30-01-2026 · 4 in office.
Position in the sector
-€3.7m
Lower net result than 95% of companies in real estate. Sector median €12,760 · 12,433 companies.
2025 accounts filed 55 days after the deadlineTurnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,627 companies had the same profile as VIMINALIS has now. Each dot stands for 17 companies, two years later.
83.2%
were still trading
8.2%
stopped another way
7.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,627 companies, not a prediction for VIMINALIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
Director, , since 30-06-2025
Director, , since 30-01-2026
Director
Auditor,
- 85%score equity €91.2m (2025) · 2025 annual accounts of
- consolidatesequity -€157.2m (2024) · annual accounts 2025
- 15%score equity €29.6m (2025) · 2025 annual accounts of .
Recent changes
1 statutory auditor appointed, 1 reappointment
Reappointment: (statutory auditor) · Permanent representative: · Appointment: (statutory auditor) · General meeting of 24-09-2026 · Gazette deed
2 directors appointed, 2 resignations, 1 reappointment
Resignations: and · Appointments: (class A director) and (permanent representative) · Permanent representative: · General meeting of 30-01-2026 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 30-06-2025 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Antwerpen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VIMINALIS Ypres | €26.8m | -€1.1m | -12.1% | - |
| Berlaimont 56 Ghent | €24.9m | -€0.009m | 0.2% | 0 |
| Het Zegel Aartselaar | €27.5m | €203 | 5.3% | - |
| Hexagon Development Pro II Roeselare | €14.3m | -€0.4m | -16.0% | - |
| ARTS 21 Uccle | €16.2m | -€0.1m | -3.5% | - |
| SINGERBIRD GROUP Wemmel | €12.9m | -€0.002m | 2.4% | - |
| Blue Gate Antwerp Development Beveren-Kruibeke-Zwijndrecht | €24.2m | -€0.4m | 2.6% | - |
These companies have the same main activity as VIMINALIS: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €13m and €27m, founded between 2016 and 2022.
Official details
Source: KBO- Status
- Active since 14-07-2020Normal situation
- Registered office
- 88 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
- Activity
- Development of non-residential building projectsNACE 68122
- Establishment unit
- 2.305.712.9628900 Ypres, since 14-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Companies linked to VIMINALIS
Parent and group
Insights on VIMINALIS
VIMINALIS files the abbreviated format. That format states no turnover. The gross margin fell from €26,710 in 2020 to -€1.1m in 2025.
holds 85% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VIMINALIS
- What is the company number of VIMINALIS?
- The company number of VIMINALIS is 0750.688.047. The VAT number is the same number with BE in front: BE 0750.688.047.
- Where is VIMINALIS based?
- The registered office is at Zwaanhofweg 10, 8900 Ypres.Company details
- What does VIMINALIS do?
- According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
- What is the legal form of VIMINALIS?
- VIMINALIS is a private limited company (BV).
- When was VIMINALIS founded?
- VIMINALIS was founded on 14-07-2020.
- Is VIMINALIS still active?
- Yes, VIMINALIS is an active enterprise in the KBO register.
- What is the turnover of VIMINALIS?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it. In financial year 2020 turnover was €46,238.Financials
- Is VIMINALIS profitable?
- In financial year 2025, VIMINALIS made a loss of €3.7m.
- Where can I find the annual accounts of VIMINALIS?
- VIMINALIS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VIMINALIS due?
- VIMINALIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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