VCICT
ActiveSummary
VCICT has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161,704 and a net result of €58,233. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 6.76 against 16.25 in 2024; short-term debt: 14.6% and cash: 6.8% of total assets), and 14.8% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
85.2%
Return on assets
30.7%
Age of the figures
12 mo
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 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
47 d early
2023
27 d early
2022
6 d early
2021
46 d early
2020
35 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€161,704▼ 17.8%
2024 · €196,790
Total assets
€189,687▼ 9.5%
2024 · €209,602
Net result
€58,233▲ 7.0%
2024 · €54,426
Working capital
€159,609▼ 16.7%
2024 · €191,527
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€47,064▲ 426%€84,366▲ 79.3%€73,651▼ 12.7%€81,903▲ 11.2%€74,050▼ 9.6%
Net result€29,594within the sector's middle half▲ 495%€60,569above the sector's middle half▲ 105%€49,044within the sector's middle half▼ 19.0%€54,426above the sector's middle half▲ 11.0%€58,233above the sector's middle half▲ 7.0%
Equity€93,387within the sector's middle half▲ 46.4%€143,865within the sector's middle half▲ 54.1%€142,364within the sector's middle half▼ 1.0%€196,790above the sector's middle half▲ 38.2%€161,704within the sector's middle half▼ 17.8%
Total assets€114,059within the sector's middle half▲ 44.0%€147,969within the sector's middle half▲ 29.7%€180,315within the sector's middle half▲ 21.9%€209,602within the sector's middle half▲ 16.2%€189,687within the sector's middle half▼ 9.5%
Debt€20,672▲ 33.9%€4,105▼ 80.1%€37,951▲ 825%€12,813▼ 66.2%€27,983▲ 118%
Working capital€68,812▲ 57.0%€128,718▲ 87.1%€132,706▲ 3.1%€191,527▲ 44.3%€159,609▼ 16.7%
Solvency81.9%above the sector's middle half▲ 1.4pp97.2%above the sector's middle half▲ 15.3pp79.0%within the sector's middle half▼ 18.3pp93.9%above the sector's middle half▲ 14.9pp85.2%above the sector's middle half▼ 8.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €189,687
Fixed assets
€2,352 ▼ 57.4%
Current assets
€187,335 ▼ 8.2%
Equity and liabilities €189,687
Equity
€161,704 ▼ 17.8%
Debt
€27,983 ▲ 118%
Debt's share of the balance-sheet total rises from 6.1% to 14.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€77,217▼
2024 · €86,432
Cash flow
€61,401▲
2024 · €58,955
Current ratio
6.76▼
2024 · 16.25
Debt to equity
0.17▲
2024 · 0.07
ROE
36.0%▲
2024 · 27.7%
ROA
30.7%▲
2024 · 26.0%
Interest coverage
1041.93▼
2024 · 2427.87
Debt ≤ 1 year
€27,726▲
2024 · €12,556
Income taxes
€26,234▼
2024 · €27,583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,009 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,695 | €5,732 | €5,309 | €4,529 | €3,167 | ▼ 30.1% |
| Other operating charges640/8 | - | €717 | €410 | €446 | €449 | ▲ 0.6% |
| Gross operating margin9900 | €56,695 | €90,816 | €79,369 | €86,878 | €77,667 | ▼ 10.6% |
| Operating profit (loss)9901 | €47,064 | €84,366 | €73,651 | €81,903 | €74,050 | ▼ 9.6% |
| Financial income75/76B | - | €546 | €28 | €142 | €10,492 | ▲ 7,311% |
| Recurring financial income75 | €38 | €546 | €28 | €142 | €3,179 | ▲ 2,146% |
| Non-recurring financial income76B | - | - | - | - | €7,312 | - |
| Financial charges65/66B | - | €48 | €62 | €36 | €74 | ▲ 108% |
| Recurring financial charges65 | €329 | €48 | €62 | €36 | €74 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €46,774 | €84,865 | €73,618 | €82,009 | €84,468 | ▲ 3.0% |
| Income taxes67/77 | €17,180 | €24,296 | €24,574 | €27,583 | €26,234 | ▼ 4.9% |
| Profit (loss) for the period9904 | €29,594 | €60,569 | €49,044 | €54,426 | €58,233 | ▲ 7.0% |
| Profit (loss) for the period to be appropriated9905 | €29,594 | €60,569 | €49,044 | €54,426 | €58,233 | ▲ 7.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114,059 | €147,969 | €180,315 | €209,602 | €189,687 | ▼ 9.5% |
| Fixed assets21/28 | €24,785 | €15,357 | €10,048 | €5,519 | €2,352 | ▼ 57.4% |
| Tangible fixed assets22/27 | €24,785 | €15,357 | €10,048 | €5,519 | €2,352 | ▼ 57.4% |
| Land and buildings22 | - | €12,636 | €8,509 | €4,449 | €1,750 | ▼ 60.7% |
| Plant, machinery and equipment23 | - | €2,008 | €1,539 | €1,070 | €601 | ▼ 43.8% |
| Furniture and vehicles24 | - | €712 | €0 | - | - | - |
| Current assets29/58 | €89,274 | €132,613 | €170,267 | €204,083 | €187,335 | ▼ 8.2% |
| Amounts receivable within one year40/41 | €31,982 | €54,187 | €27,795 | €22,875 | €21,084 | ▼ 7.8% |
| Trade receivables40 | - | €46,108 | €24,392 | €22,875 | €21,084 | ▼ 7.8% |
| Other amounts receivable41 | - | €8,080 | €3,403 | €0 | - | - |
| Current investments50/53 | - | €50,377 | €110,377 | €170,377 | €151,374 | ▼ 11.2% |
| Cash at bank and in hand54/58 | €50,453 | €20,309 | €28,456 | €7,182 | €12,946 | ▲ 80.3% |
| Deferred charges and accrued income490/1 | - | €7,740 | €3,639 | €3,649 | €1,931 | ▼ 47.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114,059 | €147,969 | €180,315 | €209,602 | €189,687 | ▼ 9.5% |
| Equity10/15 | €93,387 | €143,865 | €142,364 | €196,790 | €161,704 | ▼ 17.8% |
| Contributions10/11 | - | €15,000 | €1 | €1 | €1 | = |
| Reserves13 | €78,387 | €128,865 | €142,363 | €196,789 | €161,703 | ▼ 17.8% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €128,865 | €142,363 | €196,789 | €161,703 | ▼ 17.8% |
| Profit (loss) carried forward14 | -€1,818 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €20,672 | €4,105 | €37,951 | €12,813 | €27,983 | ▲ 118% |
| Amounts payable within one year42/48 | €20,462 | €3,895 | €37,560 | €12,556 | €27,726 | ▲ 121% |
| Trade debts44 | €459 | €1,383 | €2,227 | €1,729 | €3,884 | ▲ 125% |
| Suppliers440/4 | - | €1,383 | €2,227 | €1,729 | €3,884 | ▲ 125% |
| Taxes, remuneration and social security45 | - | €2,511 | €3,370 | €4,152 | €21,735 | ▲ 424% |
| Taxes450/3 | - | €2,511 | €3,370 | €4,152 | €21,735 | ▲ 424% |
| Other amounts payable47/48 | - | €0 | €31,963 | €6,676 | €2,107 | ▼ 68.4% |
| Accrued charges and deferred income492/3 | - | €210 | €390 | €257 | €257 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,594 | €60,569 | €49,044 | €54,426 | €58,233 | ▲ 7.0% |
| + Depreciation and write-downs630 | €8,695 | €5,732 | €5,309 | €4,529 | €3,167 | ▼ 30.1% |
| Operating cash flow (approximation) | €38,289 | €66,301 | €54,353 | €58,955 | €61,401 | ▲ 4.1% |
| Investment in fixed assets (approximation) | - | €3,696 | €0 | €0 | €0 | - |
| Change in cash | - | -€30,144 | €8,147 | -€21,274 | €5,765 | ▲ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity quadruplescurrent ratio 16.25
Current ratio from 4.53 to 16.25; short-term debt falls from €37,560 to €12,556.
30-09
Financial
Equity above €150,000Eq €196,790 ▲38.2%
5 profitable years in a row build equity to €196,790.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €60,569 ▲105%
Operating result €84,366, net result €60,569, both a record.
30-09
Financial
Liquidity times 8current ratio 34.05
Current ratio from 4.36 to 34.05; short-term debt falls from €20,462 to €3,895.
30-09
Financial
Equity above €100,000Eq €143,865 ▲54.1%
3 profitable years in a row build equity to €143,865.
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €4,974
Net result €4,974 after one loss-making year.
Show earlier events
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet -€4,049
Net result drops to -€4,049, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 7.09
Current ratio from 2.22 to 7.09; short-term debt falls from €31,147 to €6,278.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-03
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2000
Ground area
869 m²
Building footprint
171 m²
Volume, LiDAR
802 m³
Parcel 73040C0561/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VCICT
since 20002.100.662.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040C0561/00K000 | Flanders | 869 m² | 1 · 171 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2023 · 1 entry · 5,240 EUR awarded · 5,120 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 5,240 EUR | 5,120 EUR |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,257 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-2000
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
63100Computing infrastructure, data processing, hosting and related activities
74120Graphic design and visual communication
74209Other photographic activities
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0469706662
Also
9925:BE0469706662
Registered
13-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.