Equity
€598,101 ▲ 14.5%
VINMAR paid out €42,131 in dividends. That is 36% of the 2025 profit.
VINMAR
Lifetime
20 annual accounts with figures on one time axis, 25 filings since 2001peak €633,008 (2013)
€450,232▲ 27.3%
lowest -€86,349 (2009)
€117,802▲ €158,171
peak €598,101 (2025)
€598,101▲ 14.5%
€2.2m▼ 4.8%
peak 4.1 FTE (2010)
-not published
Board3 names since 2000
3 directorsVingerhoets Johan and 2 others
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from €353,659 to €450,232Back to profit: €117,802Dividend €42,131Equity from €522,430 to €598,101Cash from €39,804 to €105,167
Key points
from the 2025 annual accountsResult
€117,802 €117,802
Back in profit in 2025, after a loss of €40,369 in 2024.
Turnover
≈ €680,000 estimated
The abbreviated format states no turnover.
Debts
€2.2m 79% of the balance sheet
Financial debts 65%Suppliers 0%Taxes and wages 1%Other 34%
Of this, €727,016 falls due within a year.
Filings
25 annual accounts since 2001
Seven of the last ten came late. The 2021 accounts came latest: 30 days after the end of the period.
Position in the sector
€450,232
Higher gross margin than 86% of companies in head offices and management consultancy. Sector median €83,008 · 10,833 companies.
Checked score
93
Excellent
Financially stronger than 43% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.1 percentage points 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%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.21, cash €105,167
lowers risk
Size: total assets €2.8m
Figures for financial year 2025 (filed on 03-08-2026)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 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 70, small). It does better than 22% of them on solvency, 32% on liquidity, 50% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as VINMAR has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of VINMAR itself is lower: < 0.1% within 12 months. It rests on far more data about VINMAR than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,685 companies, not a prediction for VINMAR. 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
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.21 (0.12 in 2024), below 1. Short-term debt is 26% and cash 3.8% of total assets. 78.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 10856 sector peers (2025).
NBB · sector comparisonPosition among 10856 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
12 days late
2023
29 days late
2022
30 days late
2021
30 days late
2020
20 days late
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
VJ
Vingerhoets Johan
Director, since 18-08-2000
VG
Verbeke Ghislaine
Director, since 28-05-2015
Recent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijziging van het aantal woongelegenheden · Wijnegem
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472519761
Appointment: Margot Vingerhoets (director)
General meeting of 25-06-2024 · Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VINMAR Edegem | €2.8m | €450,232 | 21.4% | - |
| PAR Projects Brasschaat | €3.0m | €475,236 | 59.4% | 0 |
| MAXEMMA Antwerp | €2.4m | €445,176 | 93.4% | - |
| E. LUYSTERBORG Schilde | €2.5m | €423,757 | 56.3% | - |
| STEVAN BEVEREN Schoten | €2.8m | €511,100 | 31.6% | - |
| RALEX Mechelen | €2.5m | €468,033 | 84.3% | - |
| JEAN-FRANCOIS HUBIN & Co Brussels | €2.8m | €479,097 | 92.5% | - |
These companies have the same main activity as VINMAR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2.4m and €3m, founded between 2000 and 2004.
Official details
Source: KBO- Status
- Active since 08-08-2000Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.116.045.2012610 Antwerp, since 24-11-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Annual accounts 2025
- €2.8m▼ 1.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on VINMAR
VINMAR files the abbreviated format. That format states no turnover. The gross margin rose from €305,788 in 2006 to €450,232 in 2025.
The balance sheet grew most in 2024 through fixed assets, financed with long-term debt.
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 VINMAR
- What is the company number of VINMAR?
- The company number of VINMAR is 0472.519.761. The VAT number is the same number with BE in front: BE 0472.519.761.
- Where is VINMAR based?
- The registered office is at Heihoefseweg 10, 2650 Edegem.Company details
- What does VINMAR do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VINMAR?
- VINMAR is a private limited company (BV).
- When was VINMAR founded?
- VINMAR was founded on 08-08-2000.
- Is VINMAR still active?
- Yes, VINMAR is an active enterprise in the KBO register.
- What is the turnover of VINMAR?
- The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €450,232 and 74 comparable companies (NACE 70200). It probably lies between €530,000 and €1.2m.Financials
- Is VINMAR profitable?
- In financial year 2025, VINMAR made a profit of €117,802.
- Where can I find the annual accounts of VINMAR?
- VINMAR filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VINMAR due?
- VINMAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.