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VLAM - N - VEST

Active
Public limited companyfounded 1999active for 27 yearsVlamingstraat 19, 8560 Wevelgem, BelgiumKBO/BCE: BE 0466.356.501
Summary

VLAM - N - VEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For VLAM - N - VEST, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€2.5m) and a net result of -€30.4m. Equity is shrinking by about 6.9% per year across the filed financial years. Its solvency ranks better than 5% of 2,775 sector peers (NACE 64, financial year 2024). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.

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VLAM - N - VESTActive
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Overview

Activity
Activities of holding companies
NACE 64210Engineering and related technical consultancy, excluding land surveyors NACE 71121
6th largest company by total assets in Wevelgem, Finance and insurance sector1 site
Size
€2.2mturnover 2024
Staff
13.8 FTE
Equity
-€2.5m
Loss
-€30.4m
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Parent
NORMEC 1 · 100%
Board
5 members
Holdings
8
Auditor: BV AUDITAS ASSURANCE PARTNERS2025 accounts not filed, 91 days past the deadline
Signalsraises riskAnnual accounts not filed2024 accounts filed 29 days lateShow the evidence

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Two signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
30 days late
2022
162 days late
2021
114 days late
2020
31 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 76 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Bert Defreyne (director)Gazette deed
  2. Resignations: Robert Marcel Wolff (director) and…Appointment: Bert Defreyne (director)
  3. Reappointment: BV AUDITAS ASSURANCE PARTNERS (statutory…Gazette deed

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€2.5m View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€30.4m View
  • Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
  • Caution: Result fell in 2024from -€4.4m to -€30.4m ▼ 595% View
  • Caution: Among the weakest 5% on solvencysector median 57.3% · 2,775 companies -3.0% View
  • Board changedlatest change 01-07-2026 · 5 in office 1 joined · 3 left View
  • Controlled by NORMEC 1ultimately: Normec Holdings BV 100% View

By topic

Financials

Financial year
2024
Turnover
€2.2m
Loss
-€30.4m
Solvency
-3.0%
Turnover▲ 59.2%
Net result
20182024
Go to Financials

Board & ownership

Board
5 members
Parent
NORMEC 1 · 100%
Auditor
BV AUDITAS ASSURANCE PARTNERS
  • Normec 1Director
  • Normec 1 B.V.Director
  • SCHUURS Britt DeniseDirector
  • Robert WolffDirector
  • Ingrid OosterlinckDirector
Go to Board & ownership

Network & group

Group
Normec Holdings BV
Subsidiaries, all levels
13
Direct holdings
8
Connected companies
6

13 subsidiaries

Go to Network & group

Timeline

Events
55
Since
2001
  1. 12-12-2025Appointment: Ingrid Oosterlinck (class A director)
  2. 29-08-2025Annual accounts filed
  3. 20-06-2025Reappointments: Joep BRUINS, Britt Denise SCHUURS and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Activities of holding companiesNACE 64210
Founded
25-06-1999
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Purpose
“De exploitatie van een onafhankelijk laboratorium voor de analyse en controle van alle…” (deed in Dutch)
Go to Articles of association

Key facts about VLAM - N - VEST

What is the company number of VLAM - N - VEST?
0466.356.501. In Belgium the VAT number is the company number with BE in front: BE 0466.356.501.
Where is VLAM - N - VEST based?
The registered office is at Vlamingstraat 19, 8560 Wevelgem.Company details
What does VLAM - N - VEST do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of VLAM - N - VEST?
Public limited company (NV).
When was VLAM - N - VEST founded?
On 25-06-1999.
Is VLAM - N - VEST still active?
Yes, VLAM - N - VEST is an active enterprise in the KBO register.
How many employees does VLAM - N - VEST have?
On average 13.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of VLAM - N - VEST?
€2.2m in financial year 2024, according to the filed annual accounts.
Is VLAM - N - VEST profitable?
In financial year 2024, VLAM - N - VEST made a loss of €30.4m.
Where can I find the annual accounts of VLAM - N - VEST?
VLAM - N - VEST filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?VLAM - N - VEST · 13 companies

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