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 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; 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 2024
VAMO from Grimbergen, company number BE0451070091, closed financial year 2024 with a result of € -24,929 after tax. For that financial year VAMO recorded a gross margin of € 35,662 and equity of € 43,835. Compared with financial year 2023, the result moved from € -24,509 to € -24,929. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 43,835
▼ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,929
▼ 2 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,165.
Debts at end 2024
€ 100,723
▼ 25% vs 2023
€ 35,955 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 907
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 41,416 | € 34,104 | € 36,994 | € 35,662 | ▼ 4% |
| Profit after taxes | € -2,247 | € -18,787 | € -24,509 | € -24,929 | ▼ € 420 |
| Equity | € 112,061 | € 93,274 | € 68,765 | € 43,835 | ▼ 36% |
| Total debts | € 347,360 | € 338,093 | € 315,297 | € 296,684 | ▼ 6% |
| Cash | € 782 | € 4,479 | € 1,189 | - | |
| Land & buildings | € 435,499 | € 406,549 | € 367,949 | € 329,349 | ▼ 10% |
| Retained profit | € 50,061 | € 31,274 | € 6,765 | € -18,165 | ▼ € 24,930 |
| Bank debt | € 197,486 | € 166,733 | € 134,336 | € 100,723 | ▼ 25% |
| Balance sheet total | € 477,043 | € 448,010 | € 399,726 | € 355,204 | ▼ 11% |
Key figures of VAMO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VAMO?
What happened at VAMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 24,929. filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,247 loss in 2021 to € 24,929 loss in 2024.
Establishments
Establishment units
Physical locations of this company
de Merodestraat 89
1850 Grimbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.070.091
- VAT number
- BE 0451.070.091
- Registered office
- de Merodestraat 89, 1850 Grimbergen
- Names & denominations
- VAMO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 1993
- Peppol
- Not registered