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VIMMODEC

Active
Public limited companyfounded 199134 years activeAvenue Molière 8, 1300 Wavre, BelgiumKBO/BCE: BE 0445.774.089
Summary

VIMMODEC has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331,713 and a net result of -€10,569. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 61% of 527 sector peers (NACE 77, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and leasing of sports and recreation goods
NACE 77210
1 site
Size
€269,740turnover 2025
Equity
€331,713
Loss
-€10,569
Financial health
92 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts filed 31 days late0 of 6 deeds read
Why 92- Latest accounts 31 days late; 3 of the last 3 late- Loss of €10,569 (FY 2025)+ Founded in 1991+ Liquidity: current ratio 4.65, cash €160,210Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 77, micro)
Financial strength · tick = 2024
Strong
Solvency 81-16
equity 56.3% of total assets
Liquidity 79+19
short-term debt 18.6% · cash 27.2%
Profitability 78-12
return on assets -1.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,159 companies)
Last 24 months 11-2024: 2.5% 12-2024: 2.9%▲ +0.4 percentage points vs 11-2024 01-2025: 4.4%▲ +1.5 percentage points vs 12-2024highest value 02-2025: 0.8%▼ -3.6 percentage points vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▼ -0.4 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.2%▼ -0.3 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 4.65 against 2.88 in 2024; short-term debt: 18.6% and cash: 27.2% of total assets), and 43.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro): better than 70% on solvency, 86% on liquidity, 69% on profitability and 57% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 31 days late; 3 of the last 3 late
NBB · filings
lowers risk · Founded in 1991
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 4.65, cash €160,210
NBB · annual accounts
raises risk · Loss of €10,569 (FY 2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
53 days late
2023
153 days late
2022
46 days early
2021
19 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 77 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Back to profitnet €61,236

Financials · fiscal year 2025, full schema

Turnover
€269,740▲ 23.0%
2024 · €219,343
EBIT margin
-2.8%▼ 31.8pp
2024 · 29.1%
Net result
-€10,569
2024 · €61,236
Working capital
€400,109▲ 94.1%
2024 · €206,170
Trend over the years

2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years

The operating result turns negative in 2025: a loss of €7,429 after €63,735 in 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Turnover€0.3m 2025 Operating result-€0.007m 2025 Net result-€0.01m 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.2m€0.2m▼ 2.0%€0.3m▲ 23.0%
Operating result-€0.04m--€0.05m▼ 17.0%-€0.09m▼ 84.5%-€0.1m▼ 9.5%-€0.04m▲ 57.2%-€0.03m▲ 22.7%€0.06m-€0.007m
Net result-€0.04m--€0.008m▲ 77.8%-€0.1mbelow the sector's middle half▼ 1,136%-€0.1mbelow the sector's middle half▼ 8.3%-€0.05mbelow the sector's middle half▲ 54.8%-€0.04mbelow the sector's middle half▲ 25.0%€0.06mwithin the sector's middle half-€0.01mbelow the sector's middle half
EBIT margin-14.7%29.1%▲ 43.8pp-2.8%▼ 31.8pp
Equity€1.4m-€0.6m▼ 59.1%€0.5mwithin the sector's middle half▼ 17.3%€0.4mwithin the sector's middle half▼ 22.6%€0.3mwithin the sector's middle half▼ 13.2%€0.3mwithin the sector's middle half▼ 11.4%€0.3mwithin the sector's middle half▲ 21.8%€0.3mwithin the sector's middle half▼ 3.1%
Total assets€2.4m-€1.3m▼ 44.4%€1.1mwithin the sector's middle half▼ 17.9%€0.9mwithin the sector's middle half▼ 20.4%€0.7mwithin the sector's middle half▼ 19.7%€0.5mbelow the sector's middle half▼ 22.4%€0.5mbelow the sector's middle half▼ 11.6%€0.6mbelow the sector's middle half▲ 24.0%
Debt€1.0m-€0.7m▼ 23.2%€0.6m▼ 18.4%€0.5m▼ 18.6%€0.4m▼ 24.5%€0.3m▼ 31.6%€0.1m▼ 48.2%€0.3m▲ 93.7%
Working capital€0.9m-€0.1m▼ 88.6%€0.05mwithin the sector's middle half▼ 45.6%€0.02mwithin the sector's middle half▼ 69.8%€0.1mwithin the sector's middle half▲ 807%€0.2mwithin the sector's middle half▲ 18.4%€0.2mwithin the sector's middle half▲ 20.1%€0.4mwithin the sector's middle half▲ 94.1%
Solvency58.9%-43.3%▼ 15.6pp43.6%within the sector's middle half▲ 0.3pp42.4%within the sector's middle half▼ 1.2pp45.8%within the sector's middle half▲ 3.4pp52.3%within the sector's middle half▲ 6.5pp72.0%above the sector's middle half▲ 19.7pp56.3%within the sector's middle half▼ 15.7pp
Current ratio3.47-1.40▼ 2.061.23within the sector's middle half▼ 0.181.07within the sector's middle half▼ 0.162.18within the sector's middle half▲ 1.122.36within the sector's middle half▲ 0.172.88above the sector's middle half▲ 0.524.65above the sector's middle half▲ 1.77
Return on assets (ROA)-1.5%--0.6%▲ 0.9pp-9.1%below the sector's middle half▼ 8.5pp-12.4%below the sector's middle half▼ 3.3pp-7.0%below the sector's middle half▲ 5.4pp-6.7%below the sector's middle half▲ 0.2pp12.9%above the sector's middle half▲ 19.6pp-1.8%below the sector's middle half▼ 14.7pp
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €589,221
Fixed assets €79,568 ▼ 50.1%
Current assets €509,653 ▲ 61.4%
Equity and liabilities €589,221
Equity €331,713 ▼ 3.1%
Debt €257,507 ▲ 93.7%
Debt's share of the balance-sheet total rises from 28.0% to 43.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€72,465▼
2024 · €143,630
Cash flow
€69,325▼
2024 · €141,131
Debt to equity
0.78▲
2024 · 0.39
ROE
-3.2%▼
2024 · 17.9%
Interest coverage
16.34▼
2024 · 57.48
Debt ≤ 1 year
€109,545▼
2024 · €109,612
Debt > 1 year
€125,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% 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 0.2% 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 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 8,616 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€475,245€589,221▲
Fixed assets21/28€159,462€79,568▼
Tangible fixed assets22/27€159,462€79,568▼
Plant, machinery and equipment23€159,462€79,568▼
Current assets29/58€315,783€509,653▲
Amounts receivable within one year40/41€47,394€27,121▼
Trade receivables40€46,878€26,598▼
Other amounts receivable41€516€522▲
Current investments50/53€199,223€322,323▲
Cash at bank and in hand54/58€69,165€160,210▲
Equity and liabilities
Total equity and liabilities10/49€475,245€589,221▲
Equity10/15€342,283€331,713▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€88,000€88,000=
Non-distributable reserves130/1€88,000€88,000=
Legal reserve130€88,000€88,000=
Profit (loss) carried forward14€192,783€182,213▼
Amounts payable17/49€132,962€257,507▲
Amounts payable after more than one year17-€125,000
Financial debts170/4-€125,000
Amounts payable within one year42/48€109,612€109,545▼
Trade debts44€467€400▼
Suppliers440/4€467€400▼
Other amounts payable47/48€109,145€109,145=
Accrued charges and deferred income492/3€23,350€22,963▼
Income statement Code20242025
Turnover70€219,343€269,740▲
Goods, raw materials, services and sundry goods60/61€75,246€196,709▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,895€79,895=
Other operating charges640/8€467€565▲
Gross operating margin9900€144,097€73,030▼
Operating profit (loss)9901€63,735-€7,429▼
Financial income75/76B-€1,295
Recurring financial income75-€1,295
Financial charges65/66B€2,499€4,435▲
Recurring financial charges65€2,499€4,435▲
Profit (loss) for the period before taxes9903€61,236-€10,569▼
Profit (loss) for the period9904€61,236-€10,569▼
Profit (loss) for the period to be appropriated9905€61,236-€10,569▼
Appropriation of the result
Profit (loss) to be appropriated9906€192,783€182,213▼
Profit (loss) brought forward from the previous period14P€131,547€192,783▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70-----€223,829€219,343€269,740▲ 23.0%
Goods, raw materials, services and sundry goods60/61-----€67,236€75,246€196,709▲ 161%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185,659€185,495€185,495€185,495€185,495€185,495€79,895€79,895=
Other operating charges640/8---€868€868€4,098€467€565▲ 20.8%
Gross operating margin9900€144,288€136,947€95,203€86,576€143,654€156,593€144,097€73,030▼ 49.3%
Operating profit (loss)9901-€42,238-€49,416-€91,160-€99,787-€42,709-€33,001€63,735-€7,429▼ 112%
Financial income75/76B---€788€356€1,720-€1,295-
Recurring financial income75€21,968€55,327€2,998€788€356€1,720-€1,295-
Financial charges65/66B---€7,878€5,905€4,912€2,499€4,435▲ 77.5%
Recurring financial charges65€15,866€13,898€10,533€7,878€5,905€4,912€2,499€4,435▲ 77.5%
Profit (loss) for the period before taxes9903-€36,137-€7,987-€98,695-€106,877-€48,258-€36,193€61,236-€10,569▼ 117%
Income taxes67/77-€153----€0---
Profit (loss) for the period9904-€35,984-€7,987-€98,695-€106,877-€48,258-€36,193€61,236-€10,569▼ 117%
Profit (loss) for the period to be appropriated9905-€35,984-€7,987-€98,695-€106,877-€48,258-€36,193€61,236-€10,569▼ 117%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.4m€1.3m€1.1m€0.9m€0.7m€0.5m€0.5m€0.6m▲ 24.0%
Fixed assets21/28€1.2m€1.0m€0.8m€0.6m€0.4m€0.2m€0.2m€0.08m▼ 50.1%
Tangible fixed assets22/27€1.2m€1.0m€0.8m€0.6m€0.4m€0.2m€0.2m€0.08m▼ 50.1%
Plant, machinery and equipment23---€0.6m€0.4m€0.2m€0.2m€0.08m▼ 50.1%
Current assets29/58€1.2m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.5m▲ 61.4%
Amounts receivable within one year40/41€0.07m€0.07m€0.03m€0.05m€0.04m€0.04m€0.05m€0.03m▼ 42.8%
Trade receivables40---€0.04m€0.04m€0.04m€0.05m€0.03m▼ 43.3%
Other amounts receivable41---€0.01m€0.001m€0.001m€0.001m€0.001m▲ 1.3%
Current investments50/53€0.4m---€0.2m-€0.2m€0.3m▲ 61.8%
Cash at bank and in hand54/58€0.7m€0.2m€0.2m€0.2m€0.03m€0.3m€0.07m€0.2m▲ 132%
Equity and liabilities
Total equity and liabilities10/49€2.4m€1.3m€1.1m€0.9m€0.7m€0.5m€0.5m€0.6m▲ 24.0%
Equity10/15€1.4m€0.6m€0.5m€0.4m€0.3m€0.3m€0.3m€0.3m▼ 3.1%
Contributions10/11€0.9m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m€0.09m=
Non-distributable reserves130/1---€0.09m€0.09m€0.09m€0.09m€0.09m=
Legal reserve130---€0.09m€0.09m€0.09m€0.09m€0.09m=
Profit (loss) carried forward14€0.4m€0.4m€0.3m€0.2m€0.2m€0.1m€0.2m€0.2m▼ 5.5%
Amounts payable17/49€1.0m€0.7m€0.6m€0.5m€0.4m€0.3m€0.1m€0.3m▲ 93.7%
Amounts payable after more than one year17€0.6m€0.5m€0.4m€0.3m€0.3m€0.1m-€0.1m-
Financial debts170/4---€0.3m€0.3m€0.1m-€0.1m-
Amounts payable within one year42/48€0.3m€0.2m€0.2m€0.2m€0.1m€0.1m€0.1m€0.1m▼ 0.1%
Current portion of amounts payable after more than one year42---€0.1m-----
Trade debts44€0.03m€0.001m-€0.002m€0.01m€0.02m€467€400▼ 14.5%
Suppliers440/4---€0.002m€0.01m€0.02m€467€400▼ 14.5%
Other amounts payable47/48---€0.1m€0.1m€0.1m€0.1m€0.1m=
Accrued charges and deferred income492/3---€0.01m€0.003m€0.005m€0.02m€0.02m▼ 1.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€35,984-€7,987-€98,695-€106,877-€48,258-€36,193€61,236-€10,569▼ 117%
+ Depreciation and write-downs630€185,659€185,495€185,495€185,495€185,495€185,495€79,895€79,895=
Operating cash flow (approximation)€149,675€177,508€86,800€78,618€137,237€149,302€141,131€69,325▼ 50.9%
Investment in fixed assets (approximation)-€1,146€0€0€0€0€0€0-
Change in cash--€470,116€30,488-€40,204-€174,723€232,367-€188,668€91,045▲ 148%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Directors

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 18 November 1991, VIMMODEC was incorporated.1 Revenue went from €223,829 in 2023 to €269,740 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
22-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 53 days late
2024
31-12
Financial Back to profitnet €61,236
Net result €61,236 after 6 loss-making years.
31-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 153 days late
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Liquidity doublescurrent ratio 2.18
Current ratio from 1.07 to 2.18; short-term debt falls from €236,368 to €122,564.
19-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial Weakest financial yearnet -€106,877
Net result drops to -€106,877, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded18-11-1991
Fiscal year end31-12
Activities, NACEBEL 2025
77210Renting and leasing of sports and recreation goods
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445774089
Registered 03-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 7 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

549300NTNWK61JL5XF06
live in the LEI register

Sites & property

Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,817 m²
Building footprint
1,320 m²
Volume, LiDAR
16,659 m³
2 parcels, Brussels, Wallonia · tallest building 17.9 m, ±5 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Herendal 26, 1150 Sint-Pieters-Woluwe
NACE 70201
since 1992unit no. 2.056.594.988
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21683D0242/00Y012 Brussels 2,152 m² 1 · 709 m² 15.5 m · 4 fl.
25772H0091/00L000 Wallonia 1,665 m² 1 · 611 m² 17.9 m · 5 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.