Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
VLAM - N - VEST from Wevelgem, company number BE0466356501, closed financial year 2024 with a result of € -30.4 million after tax. For that financial year VLAM - N - VEST recorded revenue of € 2.2 million and equity of € -2.5 million. Compared with financial year 2023, the result moved from € -4.4 million to € -30.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ -2.5 million
▼ € 31 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30.4 million
▼ 595 % more loss than in 2023
Profit after tax over the fiscal year.
€ 156,966
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -43.4 million.
People and assets in 2024
13.8
▲ 4.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 70% vs 2023
€ 102,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 5,538
▲ 82% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 71.2 million
▲ 10% vs 2023
Loans from banks and other lenders, long and short.
€ 294,137
▲ € 241,056 vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 268,081
▲ 47% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 1,348,209 | € 1,411,955 | € 2,248,139 | ▲ 59% |
| Profit after taxes | € -4,979,646 | € -4,374,188 | € -30,404,396 | ▼ € 26 million |
| Equity | € 32,893,269 | € 28,519,081 | € -2,471,778 | ▼ € 31 million |
| Total debts | € 75,237,038 | € 73,169,242 | € 85,097,075 | ▲ 16% |
| Cash | € 357,833 | € 632,817 | € 156,966 | ▼ 75% |
| Retained profit | € -8,663,828 | € -13,038,015 | € -43,442,412 | ▼ € 30.4 million |
| Bank debt | € 70,365,571 | € 64,882,363 | € 71,215,571 | ▲ 10% |
| Balance sheet total | € 108,130,307 | € 101,688,323 | € 82,625,297 | ▼ 19% |
| Employees (FTE) | 7.9 | 9.5 | 13.8 | ▲ 4.3 |
Key figures of VLAM - N - VEST, fiscal years 2022 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 VLAM - N - VEST?
What happened at VLAM - N - VEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joep Bruins stepped down as director. NBB
- Britt Denise Schuurs stepped down as director. NBB
- NORMEC 1 stepped down as director. NBB
- Robert Wolff stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 30.4 million. filed late Source: NBB ↗
- Joep Bruins became a director. NBB
- Britt Denise Schuurs became a director. NBB
- NORMEC 1 became a director. NBB
In short
From € 5 million loss in 2022 to € 30.4 million loss in 2024.
Paid € 13,725 in corporate taxes since 2022.
Pays suppliers within 77 days on average.
A new publication or filing at VLAM - N - VEST? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by NORMEC 1 (100%). It owns 100% of Normec Sensory Belgium BV, 100% of Normec Product Testing nv, 100% of Normec Foodcontrol nv, 100% of Optylym BV, 100% of Normec OWS and 100% of Normec Quality Assurance NV itself.
Directors
According to the 2024 annual accounts
since 2023 · until 2029
since 2024 · until 2030
since 2024 · until 2030
NORMEC 1
Director · represented by Christianus Mijnardus (Marco) Zomer
since 2024 · until 2030
Shareholders
NORMEC 1
100%
Participations
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Vlamingstraat 19
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
normecgroup.com
Registered
2015-12-12
Registrar
PDR Ltd. d/b/a PublicDomainRegistry.com
Expires
2026-12-12
Website info
Features
Security
Network
Details
- Company number
- 0466.356.501
- VAT number
- BE 0466.356.501
- Registered office
- Vlamingstraat 19, 8560 Wevelgem
- Names & denominations
- VLAM - N - VEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1999
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- normecgroup.com
- Activities · NACE
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