The VIGOR Unit
ActiveThe VIGOR Unit has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €886. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 31544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency74▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.88 in 2024; short-term debt: 51.3% and cash: 23.7% of total assets), but 51.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
48.7%
Return on assets
1.5%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
6 d early
2023
34 d early
2022
23 d early
2021
2 d early
2020
4 d early
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 3.2%
2024 · €28k
2018: €-13k
2019: €28k
2020: €48k
2021: €53k
2022: €61k
2023: €66k
2024: €28k
2018 → 2025
Total assets
€59k▲ 11.6%
2024 · €53k
2018: €64k
2019: €93k
2020: €66k
2021: €69k
2022: €96k
2023: €96k
2024: €53k
2018 → 2025
Net result
€886
2024 · €-38k
2018: €11k
2019: €35k
2020: €20k
2021: €5k
2022: €7k
2023: €5k
2024: €-38k
2018 → 2025
Working capital
€24k▲ 9.1%
2024 · €22k
2018: €-11k
2019: €23k
2020: €44k
2021: €51k
2022: €53k
2023: €56k
2024: €22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€61k▲ 13.6%€66k▲ 8.5%€28k▼ 57.3%€29k▲ 3.2%
Operating result€9k-€11k▲ 26.1%€9k▼ 23.2%€-37k€1k
Net result€5k-€7k▲ 33.3%€5k▼ 29.3%€-38k€886
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €37k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€5k▼ 19.4%
Current assets
€55k▲ 15.4%
Equity and liabilities €59k
Equity
€29k▲ 3.2%
Debt
€30k▲ 21.0%
The debt ratio rises from 47.3% to 51.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2024 · €-34k
Cash flow
€3k▲
2024 · €-34k
Solvency
48.7%▼
2024 · 52.7%
Current ratio
1.79▼
2024 · 1.88
Quick ratio
1.79▼
2024 · 1.88
Debt / equity
1.05▲
2024 · 0.90
ROE
3.1%▲
2024 · -134.1%
ROA
1.5%▲
2024 · -70.6%
Interest coverage
8.04▲
2024 · -69.36
Debt
€30k▲
2024 · €25k
Debt ≤ 1 year
€30k▲
2024 · €25k
Staff costs
€134k▲
2024 · €100k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53k€59k▲
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€763€1k▲
Furniture and vehicles24€3k€970▼
Financial fixed assets28€3k€3k▲
Current assets29/58€47k€55k▲
Amounts receivable within one year40/41€41k€37k▼
Trade receivables40€34k€35k▲
Other amounts receivable41€6k€2k▼
Current investments50/53€250€250=
Cash at bank and in hand54/58€4k€14k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€53k€59k▲
Equity10/15€28k€29k▲
Contributions10/11€19k€19k=
Reserves13€47k€47k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€-38k€-37k▲
Amounts payable17/49€25k€30k▲
Amounts payable within one year42/48€25k€30k▲
Financial debts43€450€0▼
Credit institutions430/8€450€0▼
Trade debts44€886€2k▲
Suppliers440/4€886€2k▲
Taxes, remuneration and social security45€24k€29k▲
Taxes450/3€12k€5k▼
Remuneration and social security454/9€12k€23k▲
Other amounts payable47/48€9€25▲
Income statement
Code20242025
Remuneration, social security and pensions62€100k€134k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€68k€139k▲
Operating profit (loss)9901€-37k€1k▲
Financial income75/76B€215€54▼
Recurring financial income75€215€54▼
Financial charges65/66B€488€459▼
Recurring financial charges65€488€459▼
Profit (loss) for the period before taxes9903€-38k€886▲
Income taxes67/77€0-
Profit (loss) for the period9904€-38k€886▲
Profit (loss) for the period to be appropriated9905€-38k€886▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-37k▲
Profit (loss) brought forward from the previous period14P-€-38k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (11 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €886
Net result €886 after one loss-making year.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-38k ▼832%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
27-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity triplescurrent ratio 3.44
Current ratio from 1.36 to 3.44; short-term debt falls from €65k to €18k.
14-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Highest result since 2018net €35k ▲209%
Operating result €41k, net result €35k, both a record.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2015
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.
Martelaarslaan 3459000 GentGround area
420 m²
Building footprint
151 m²
Volume, LiDAR
1,600 m³
Parcel 44816K0949/00N002, Flanders · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
The VIGOR Unit
since 20152.237.868.984
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44816K0949/00N002 | Flanders | 420 m² | 1 · 151 m² | 18.5 m · 4 fl. |
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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 34,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2015
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
72200Scientific research and development
78100Employment placement agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.