Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAMA from De Panne, company number BE0439916576, closed financial year 2025 with a result of € 248 after tax. For that financial year VAMA recorded a gross margin of € 53,897 and equity of € 211,731. Compared with financial year 2024, the result moved from € 16,227 to € 248. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 211,731
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 248
▼ 98% vs 2024
Profit after tax over the fiscal year.
€ 17,043
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 193,131.
People and assets in 2025
€ 45,489
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 288,620
▼ 9% vs 2024
€ 30,848 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 4,873
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 74,416 | € 11,226 | € 65,101 | € 53,897 | ▼ 17% |
| Profit after taxes | € 48,168 | € -29,092 | € 16,227 | € 248 | ▼ 98% |
| Equity | € 224,349 | € 195,256 | € 211,483 | € 211,731 | |
| Total debts | € 230,665 | € 431,022 | € 472,530 | € 443,925 | ▼ 6% |
| Cash | € 39,972 | € 25,514 | € 57,961 | € 17,043 | ▼ 71% |
| Land & buildings | € 387,820 | € 375,263 | € 433,839 | € 421,131 | ▼ 3% |
| Retained profit | € 205,749 | € 176,656 | € 192,883 | € 193,131 | |
| Dividend | € 49,198 | € 0 | € 0 | € 0 | |
| Bank debt | € 172,053 | € 274,021 | € 317,934 | € 288,620 | ▼ 9% |
| Balance sheet total | € 465,546 | € 636,468 | € 693,859 | € 665,158 | ▼ 4% |
Key figures of VAMA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VAMA?
What happened at VAMA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 248 (▼ 98% vs 2024). Source: NBB ↗
- New establishment in De Panne. KBO
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,168 profit in 2022 to € 248 profit in 2025.
Paid € 3 in corporate taxes since 2022.
Best year ever: 2022, with € 48,168 profit.
Paid out € 49,198 in dividends to the owners in total.
Management
The stake of EMLO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VAMABehind VAMA are Emiel Dequeecker, Louise Dequeecker and EMLO BV. The shares are held by EMLO (99.9%).
Directors
According to the 2025 annual accounts
Emiel Dequeecker
Director
Also active at: STORMVOGEL, EMLO, Happy Gocarts, Emiel Dequeecker Technics
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Visserslaan 45
8660 De Panne
Zeedijk 103
8660 De Panne
Active since 26 March 1990
Duinkerkelaan 65
8660 De Panne
Active since 1 July 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0439.916.576
- VAT number
- BE 0439.916.576
- Registered office
- Visserslaan 45, 8660 De Panne
- Names & denominations
- VAMA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 1990
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van sociale woningen