BIVIT
ActiveSummary
BIVIT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €780k and a net result of €368k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 19% of 64 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-2
Solvency43▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.1 in 2024; short-term debt: 59.8% and cash: 2.7% of total assets), and 82.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.8%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 21
Relative position
BE, all sectors
reference
Sector 21
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 64 sector peers (2025).
NBB · sector comparisonPosition among 64 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
61 d early
2022
31 d early
2021
72 d early
2020
30 d early
2019
33 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€368k▼ 6.1%
2024 · €392k
2018: €90k
2019: €60k
2020: €328k
2021: €586k
2022: €260k
2023: €182k
2024: €392k
2018 → 2025
Working capital
€241k▼ 11.4%
2024 · €272k
2018: €272k
2019: €418k
2020: €400k
2021: €359k
2022: €340k
2023: €267k
2024: €272k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€766k-€776k▲ 1.3%€777k▲ 0.2%€780k▲ 0.3%€780k▲ 0.1%
Operating result€860k-€485k▼ 43.6%€386k▼ 20.4%€681k▲ 76.3%€531k▼ 22.0%
Net result€586k-€260k▼ 55.7%€182k▼ 30.0%€392k▲ 116%€368k▼ 6.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.38M
Fixed assets
€1.52M ▲ 37.6%
Current assets
€2.86M ▼ 5.9%
Equity and liabilities €4.38M
Equity
€780k ▲ 0.1%
Debt
€3.60M ▲ 7.1%
Debt's share of the balance-sheet total rises from 81.2% to 82.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€727k▼
2024 · €882k
Cash flow
€564k▼
2024 · €594k
Current ratio
1.09▼
2024 · 1.10
Quick ratio
0.65▼
2024 · 0.70
Debt to equity
4.61▲
2024 · 4.31
ROE
47.2%▼
2024 · 50.3%
ROA
8.4%▼
2024 · 9.5%
Interest coverage
6.52▼
2024 · 6.78
Debt ≤ 1 year
€2.62M▼
2024 · €2.77M
Debt > 1 year
€847k▲
2024 · €373k
Income taxes
€113k▼
2024 · €158k
Staff costs
€2.34M▲
2024 · €2.15M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.14M€4.38M▲
Fixed assets21/28€1.11M€1.52M▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€1.10M€1.50M▲
Land and buildings22€735k€629k▼
Plant, machinery and equipment23€295k€835k▲
Furniture and vehicles24€72k€33k▼
Financial fixed assets28€2k€24k▲
Current assets29/58€3.04M€2.86M▼
Stocks and contracts in progress3€1.12M€1.15M▲
Stocks30/36€1.12M€1.15M▲
Amounts receivable within one year40/41€1.74M€1.46M▼
Trade receivables40€1.65M€1.28M▼
Other amounts receivable41€90k€180k▲
Cash at bank and in hand54/58€115k€119k▲
Deferred charges and accrued income490/1€64k€137k▲
Equity and liabilities
Total equity and liabilities10/49€4.14M€4.38M▲
Equity10/15€780k€780k▲
Contributions10/11€562k€562k=
Capital10€562k€562k=
Issued capital100€562k€562k=
Reserves13€56k€56k=
Non-distributable reserves130/1€56k€56k=
Legal reserve130€56k€56k=
Profit (loss) carried forward14€162k€162k▲
Amounts payable17/49€3.36M€3.60M▲
Amounts payable after more than one year17€373k€847k▲
Financial debts170/4€373k€847k▲
Amounts payable within one year42/48€2.77M€2.62M▼
Current portion of amounts payable after more than one year42€75k€133k▲
Trade debts44€2.06M€1.80M▼
Suppliers440/4€2.06M€1.80M▼
Taxes, remuneration and social security45€244k€317k▲
Taxes450/3€58k€112k▲
Remuneration and social security454/9€185k€205k▲
Other amounts payable47/48€390k€368k▼
Accrued charges and deferred income492/3€225k€135k▼
Income statement
Code20242025
Non-recurring operating income76A€8k€34k▲
Remuneration, social security and pensions62€2.15M€2.34M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€202k€196k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€3.03M€3.06M▲
Operating profit (loss)9901€681k€531k▼
Financial income75/76B€100€62k▲
Recurring financial income75€100€62k▲
Financial charges65/66B€130k€112k▼
Recurring financial charges65€130k€112k▼
Profit (loss) for the period before taxes9903€551k€482k▼
Income taxes67/77€158k€113k▼
Profit (loss) for the period9904€392k€368k▼
Profit (loss) for the period to be appropriated9905€392k€368k▼
Appropriation of the result
Profit (loss) to be appropriated9906€552k€530k▼
Profit (loss) brought forward from the previous period14P€159k€162k▲
Profit to be distributed694/7€390k€368k▼
Return on contributions (dividend)694€390k€368k▼
Social balance
Average headcount (FTE)908723.723.5▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €586k ▲78.6%
Operating result €860k, net result €586k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet €60k ▼33.6%
Net result drops to €60k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Westlaan 148560 WevelgemGround area
4,995 m²
Building footprint
2,219 m²
Parcel 34029B0525/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
BIVIT NV
since 19892.046.216.978
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029B0525/00F000 | Flanders | 4,995 m² | 1 · 2,219 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 26,776 EUR awarded · 26,684 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 8,763 EUR | 8,996 EUR |
| 2024 | 2 | 3,974 EUR | 4,943 EUR |
| 2023 | 4 | 7,840 EUR | 11,546 EUR |
| 2022 | 2 | 6,199 EUR | 1,199 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
Subsidies ecologisch en veilig transport (stopgezet)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWevelgem2.046.216.978
Dual-learning approval
4 live approvals · 1 endedBestuurder interne transportmiddelen duaal (so)
Logistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
Show 1 ended approval
Magazijnmedewerker (so)
Legal Entity Identifier
967600ZQTS3530TRKO98
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Of 148 companies in sector 21201 we hold annual accounts for 116. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
10910Manufacture of food products
21201Manufacture of basic pharmaceutical products and pharmaceutical preparations
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.