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VDL REVICO

Active
Private limited companyfounded 200223 yrs activeOverwinningsstraat 9, 1560 Hoeilaart, BelgiumKBO/BCE: BE 0478.516.242

VDL REVICO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €780k and a net result of €68k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
84 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 43.58 against 30.43 in 2023; short-term debt: 2.2% and cash: 3.8% of total assets), and 2.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.8%
Return on assets
8.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
51 d early
2022
42 d early
2021
49 d early
2020
29 d early
2019
32 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€780k▲ 5.9%
2023 · €737k
2018: €484k 2019: €534k 2020: €580k 2021: €654k 2022: €734k 2023: €737k
2018 → 2024
Total assets
€798k▲ 4.9%
2023 · €761k
2018: €499k 2019: €543k 2020: €590k 2021: €672k 2022: €755k 2023: €761k
2018 → 2024
Net result
€68k▼ 12.0%
2023 · €78k
2018: €39k 2019: €50k 2020: €46k 2021: €74k 2022: €80k 2023: €78k
2018 → 2024
Working capital
€753k▲ 8.7%
2023 · €693k
2018: €448k 2019: €510k 2020: €567k 2021: €576k 2022: €673k 2023: €693k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€580k-€654k▲ 12.7%€734k▲ 12.3%€737k▲ 0.4%€780k▲ 5.9%
Operating result€70k-€86k▲ 22.4%€90k▲ 5.1%€90k▼ 0.2%€80k▼ 10.9%
Net result€46k-€74k▲ 60.1%€80k▲ 8.6%€78k▼ 3.1%€68k▼ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2020: €70k€70kNet result 2020: €46k€46kOperating result 2021: €86k€86kNet result 2021: €74k€74kOperating result 2022: €90k€90kNet result 2022: €80k€80kOperating result 2023: €90k€90kNet result 2023: €78k€78kOperating result 2024: €80k€80kNet result 2024: €68k€68k20202021202220232024
The operating result has fallen two years in a row; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €798k
Fixed assets €27k▼ 39.0%
Current assets €771k▲ 7.6%
Equity and liabilities €798k
Equity €780k▲ 5.9%
Debt €18k▼ 25.0%
The debt ratio falls from 3.1% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€97k
2023 · €107k
Cash flow
€86k
2023 · €95k
Solvency
97.8%
2023 · 96.9%
Current ratio
43.58
2023 · 30.43
Quick ratio
43.58
2023 · 30.43
Debt / equity
0.02
2023 · 0.03
ROE
8.8%
2023 · 10.5%
ROA
8.6%
2023 · 10.2%
Interest coverage
18.37
2023 · 137.70
Debt
€18k
2023 · €24k
Debt ≤ 1 year
€18k
2023 · €24k
Income taxes
€25k
2023 · €29k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€761k€798k
Fixed assets21/28€44k€27k
Tangible fixed assets22/27€43k€26k
Furniture and vehicles24€43k€26k
Financial fixed assets28€841€841=
Current assets29/58€716k€771k
Amounts receivable within one year40/41€119k€51k
Trade receivables40€63k€51k
Other amounts receivable41€56k-
Current investments50/53€541k€679k
Cash at bank and in hand54/58€45k€30k
Deferred charges and accrued income490/1€11k€11k
Equity and liabilities
Total equity and liabilities10/49€761k€798k
Equity10/15€737k€780k
Contributions10/11€50k€50k=
Reserves13€650k€685k
Distributable reserves133€650k€685k
Profit (loss) carried forward14€37k€45k
Amounts payable17/49€24k€18k
Amounts payable within one year42/48€24k€18k
Trade debts44€1k€351
Suppliers440/4€1k€351
Taxes, remuneration and social security45€22k€16k
Taxes450/3€22k€16k
Other amounts payable47/48€719€2k
Accrued charges and deferred income492/3€320€213
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€769€806
Gross operating margin9900€108k€98k
Operating profit (loss)9901€90k€80k
Financial income75/76B€18k€19k
Recurring financial income75€18k€19k
Financial charges65/66B€777€5k
Recurring financial charges65€777€5k
Profit (loss) for the period before taxes9903€107k€93k
Income taxes67/77€29k€25k
Profit (loss) for the period9904€78k€68k
Profit (loss) for the period to be appropriated9905€78k€68k
Appropriation of the result
Profit (loss) to be appropriated9906€112k€105k
Profit (loss) brought forward from the previous period14P€34k€37k
Transfer from equity791/2€75k€25k
Transfer to equity691/2€75k€60k
To other reserves6921€75k€60k
Profit to be distributed694/7€75k€25k
Return on contributions (dividend)694€75k€25k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €80k ▲8.6%
Operating result €90k, net result €80k, both a record.
12-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €500kEq €534k ▲10.3%
2 profitable years in a row build equity to €534k.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Hoeilaart
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.

Overwinningsstraat 91560 Hoeilaart
Ground area
1,260 m²
Building footprint
165 m²
Volume, LiDAR
876 m³
Parcel 23033A0735/00E037, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23033A0735/00E037 Flanders 1,260 m² 1 · 165 m² 8.3 m · 2 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.

Recognitions · licences · registrations

Legal Entity Identifier

875500MRUPFOM3PB0E55
live in the LEI register

Similar companies · same sector, comparable size

Of 943 companies in sector 69203 we hold annual accounts for 659. 474 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-10-2002
Fiscal year end31-12
Activities, NACEBEL
69203Activities of company auditors
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.