V.W.I.C.
ActiveSummary
V.W.I.C. has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.78M and a net result of €190k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 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
Profitability81▲+18
Solvency62▲+3
Growth72▼-3
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.01 in 2024; short-term debt: 39.9% and cash: 0.1% of total assets), and 62.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
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
37.1%
Return on assets
1.9%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
16 d early
2023
76 d early
2022
3 d early
2021
20 d early
2020
16 d early
2019
15 d early
← 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
€897k▼ 4.0%
2024 · €934k
2019: €527k
2020: €913k
2021: €646k
2022: €758k
2023: €855k
2024: €934k
2019 → 2025
EBIT margin
34.5%▲ 3.9pp
2024 · 30.6%
2019: -8.0%
2020: 14.5%
2021: 5.6%
2022: 6.2%
2023: -30.9%
2024: 30.6%
2019 → 2025
Net result
€190k▲ 284%
2024 · €49k
2019: €-76k
2020: €83k
2021: €6k
2022: €6k
2023: €-505k
2024: €49k
2019 → 2025
Working capital
€-4.05M▲ 6.1%
2024 · €-4.31M
2019: €-927k
2020: €-1.97M
2021: €-2.25M
2022: €-2.75M
2023: €-4.33M
2024: €-4.31M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€646k-€758k▲ 17.4%€855k▲ 12.8%€934k▲ 9.2%€897k▼ 4.0%
Equity€2.39M-€2.40M▲ 0.3%€3.54M▲ 48.0%€3.59M▲ 1.4%€3.78M▲ 5.3%
Operating result€36k-€47k▲ 31.4%€-264k€286k€309k▲ 8.3%
Net result€6k-€6k▲ 1.4%€-505k€49k€190k▲ 284%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.20M
Fixed assets
€10.18M ▼ 3.1%
Current assets
€19k ▼ 51.8%
Equity and liabilities €10.20M
Equity
€3.78M ▲ 5.3%
Debt
€6.41M ▼ 7.7%
Debt's share of the balance-sheet total falls from 65.9% to 62.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€757k▲
2024 · €731k
Cash flow
€637k▲
2024 · €495k
Current ratio
0.00▼
2024 · 0.01
Debt to equity
1.69▼
2024 · 1.93
ROE
5.0%▲
2024 · 1.4%
ROA
1.9%▲
2024 · 0.5%
Interest coverage
6.36▲
2024 · 3.08
Debt ≤ 1 year
€4.07M▼
2024 · €4.35M
Debt > 1 year
€2.34M▼
2024 · €2.59M
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.54M€10.20M▼
Fixed assets21/28€10.50M€10.18M▼
Tangible fixed assets22/27€10.50M€10.18M▼
Land and buildings22€10.35M€9.99M▼
Other tangible fixed assets26€151k€182k▲
Financial fixed assets28€31€31=
Other financial fixed assets284/8€31€31=
Shares284€16€16=
Amounts receivable and cash guarantees285/8€15€15=
Current assets29/58€40k€19k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€6k€0▼
Trade receivables40€6k€0▼
Cash at bank and in hand54/58€25k€12k▼
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€10.54M€10.20M▼
Equity10/15€3.59M€3.78M▲
Contributions10/11€4.13M€4.13M=
Reserves13€568€568=
Non-distributable reserves130/1€28€28=
Reserves not available under the articles1311€28€28=
Tax-exempt reserves132€540€540=
Profit (loss) carried forward14€-535k€-345k▲
Amounts payable17/49€6.95M€6.41M▼
Amounts payable after more than one year17€2.59M€2.34M▼
Financial debts170/4€2.59M€2.34M▼
Credit institutions173€2.59M€2.34M▼
Amounts payable within one year42/48€4.35M€4.07M▼
Current portion of amounts payable after more than one year42€242k€252k▲
Financial debts43€229k€0▼
Credit institutions430/8€229k€0▼
Trade debts44€9k€28k▲
Suppliers440/4€9k€28k▲
Taxes, remuneration and social security45€13k€13k▼
Taxes450/3€13k€13k▼
Other amounts payable47/48€3.86M€3.78M▼
Accrued charges and deferred income492/3-€718
Income statement
Code20242025
Operating income70/76A€963k€915k▼
Turnover70€934k€897k▼
Other operating income74€29k€19k▼
Operating charges60/66A€678k€606k▼
Services and other goods61€188k€132k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€446k€447k▲
Other operating charges640/8€25k€27k▲
Non-recurring operating charges66A€20k€0▼
Operating profit (loss)9901€286k€309k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Other financial income752/9€2k€0▼
Financial charges65/66B€239k€119k▼
Recurring financial charges65€239k€119k▼
Debt charges650€237k€119k▼
Other financial charges652/9€1k€501▼
Profit (loss) for the period before taxes9903€49k€190k▲
Income taxes67/77€0-
Taxes670/3€0-
Profit (loss) for the period9904€49k€190k▲
Profit (loss) for the period to be appropriated9905€49k€190k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-535k€-345k▲
Profit (loss) brought forward from the previous period14P€-584k€-535k▲
The notes to these accounts (45 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2019net €190k ▲284%
Operating result €309k, net result €190k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-505k ▼8433%
Net result drops to €-505k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €83k
Net result €83k after one loss-making year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-01
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
8 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, Antwerpen · 1 establishment unit since 2014
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.
Verschansingstraat 482000 AntwerpenGround area
207 m²
Building footprint
207 m²
Volume, LiDAR
2,421 m³
Parcel 11811L3671/00B003, Flanders · tallest building 18.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
V.W.I.C.
since 20142.231.407.794
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3671/00B003 | Flanders | 207 m² | 1 · 207 m² | 18.4 m · 3 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.
Similar companies · same sector, comparable size
LOTUS
BE 0536.384.462
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HBP
BE 0872.539.249
Deinze · Eq €3.80M
AMS BOOGKEERS
BE 0634.906.471
Antwerpen · Eq €3.76M
RESCOO
BE 0801.891.674
Oostkamp · Eq €3.82M
MRS Eghezée
BE 0447.776.645
Elsene · Eq €3.75M
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 2,045 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 formPrivate limited company
Founded15-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.