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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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2026; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
VAMACO from Kortrijk, company number BE0448559276, closed financial year 2026 with a result of € -171,976 after tax. For that financial year VAMACO recorded a gross margin of € 17,341 and equity of € 581,032. Compared with financial year 2025, the result moved from € -557,184 to € -171,976. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 7, 2026.
€ 581,032
▼ 23% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -171,976
▲ 69 % less loss than in 2025
Profit after tax over the fiscal year.
€ 312
▲ 15% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 519,032.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 18,009 | € 15,379 | € 13,609 | € 17,341 | ▲ 27% |
| Profit after taxes | € 9,683 | € -146,117 | € -557,184 | € -171,976 | ▲ € 385,209 |
| Equity | € 1,456,309 | € 1,310,192 | € 753,007 | € 581,032 | ▼ 23% |
| Total debts | € 295,741 | € 276,030 | € 268,037 | € 256,276 | ▼ 4% |
| Cash | € 15,922 | € 1,380 | € 272 | € 312 | ▲ 15% |
| Land & buildings | € 383,726 | € 368,705 | € 353,684 | € 339,262 | ▼ 4% |
| Retained profit | € 1,394,309 | € 1,248,192 | € 691,007 | € 519,032 | ▼ 25% |
| Balance sheet total | € 1,767,800 | € 1,600,326 | € 1,033,503 | € 848,120 | ▼ 18% |
Key figures of VAMACO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to VAMACO?
What happened at VAMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ingrid Vanhee stepped down as director. NBB
- Patrick Maes stepped down as director. NBB
- Jan Maes stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 171,976. Source: NBB ↗
- Ingrid Vanhee became a director. NBB
- Patrick Maes became a director. NBB
- Jan Maes became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 9,683 profit in 2023 to € 171,976 loss in 2026.
Paid € 7,924 in corporate taxes since 2023.
Best year ever: 2023, with € 9,683 profit.
Management
It owns 80.2% of Belgreco itself.
Directors
According to the 2026 annual accounts
Ingrid Vanhee
Bestuurder
since 2023 · until 2029
since 2023 · until 2029
Jan Maes
Bestuurder
Also active at: REVOR GROUP, MATRATEX, Selectivity International, GRUPO TOMA INVEST, MAMA, ACRIA, MURCIA 2006 HOLDING
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Guldenbergplantsoen(Kor) 6 box 41
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0448.559.276
- VAT number
- BE 0448.559.276
- Registered office
- Guldenbergplantsoen(Kor) 6 bus 41, 8500 Kortrijk
- Names & denominations
- VAMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1992
- Peppol
- Not registered