Viatec
ActiveSummary
Viatec has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €51,237. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 25% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency49▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.69 in 2024; short-term debt: 75.6% and cash: 46.9% of total assets), and 75.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
24.4%
Return on assets
67.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9537 sector peers (2025).
NBB · sector comparisonPosition among 9537 sector peers
Solvency
better than 25%
← 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 29-04-2026, 93 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
93 d early
2024
14 d late
2023
5 d early
2022
28 d late
2021
31 d late
2020
27 d late
2019
28 d late
← 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 4 days after the deadline; the sector median for financial year 2024 is 8 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€18,600=
2024 · €18,600
Total assets
€76,280▼ 22.0%
2024 · €97,755
Net result
€51,237▲ 46.5%
2024 · €34,976
Working capital
-€10,616▲ 57.3%
2024 · -€24,855
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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€42,438▼ 9.4%€28,802▼ 32.1%€38,983▲ 35.3%€43,458▲ 11.5%€69,528▲ 60.0%
Net result€32,635within the sector's middle half▼ 9.8%€22,082within the sector's middle half▼ 32.3%€31,053within the sector's middle half▲ 40.6%€34,976within the sector's middle half▲ 12.6%€51,237above the sector's middle half▲ 46.5%
Equity€53,095within the sector's middle half▲ 160%€42,542within the sector's middle half▼ 19.9%€20,460below the sector's middle half▼ 51.9%€18,600below the sector's middle half▼ 9.1%€18,600below the sector's middle half=
Total assets€108,748within the sector's middle half▼ 4.0%€115,813within the sector's middle half▲ 6.5%€96,230within the sector's middle half▼ 16.9%€97,755within the sector's middle half▲ 1.6%€76,280within the sector's middle half▼ 22.0%
Debt€55,653▼ 40.1%€73,271▲ 31.7%€75,770▲ 3.4%€79,155▲ 4.5%€57,680▼ 27.1%
Working capital€39,925▲ 641%-€31,456-€38,090▼ 21.1%-€24,855▲ 34.7%-€10,616▲ 57.3%
Solvency48.8%within the sector's middle half▲ 30.8pp36.7%within the sector's middle half▼ 12.1pp21.3%below the sector's middle half▼ 15.5pp19.0%below the sector's middle half▼ 2.2pp24.4%below the sector's middle half▲ 5.4pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,280
Fixed assets
€29,216 ▼ 32.8%
Current assets
€47,064 ▼ 13.3%
Equity and liabilities €76,280
Equity
€18,600 =
Debt
€57,680 ▼ 27.1%
Debt's share of the balance-sheet total falls from 81.0% to 75.6%. Debt is lower.
Key figures and ratios
EBITDA
€84,801▲
2024 · €58,729
Cash flow
€66,509▲
2024 · €50,247
Current ratio
0.82▲
2024 · 0.69
Debt to equity
3.10▼
2024 · 4.26
ROE
275.5%▲
2024 · 188.0%
ROA
67.2%▲
2024 · 35.8%
Interest coverage
310.82▲
2024 · 238.48
Debt ≤ 1 year
€57,680▼
2024 · €79,155
Income taxes
€18,018▲
2024 · €8,236
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,703 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,525 | €3,117 | €15,271 | €15,271 | €15,272 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €176 | - | - | - |
| Other operating charges640/8 | €1,006 | €1,255 | €853 | €1,035 | €1,202 | ▲ 16.1% |
| Gross operating margin9900 | €49,969 | €33,174 | €55,283 | €59,765 | €86,002 | ▲ 43.9% |
| Operating profit (loss)9901 | €42,438 | €28,802 | €38,983 | €43,458 | €69,528 | ▲ 60.0% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | €51 | €86 | €151 | €246 | €273 | ▲ 10.8% |
| Recurring financial charges65 | €51 | €86 | €151 | €246 | €273 | ▲ 10.8% |
| Profit (loss) for the period before taxes9903 | €42,387 | €28,716 | €38,832 | €43,212 | €69,255 | ▲ 60.3% |
| Income taxes67/77 | €9,752 | €6,635 | €7,779 | €8,236 | €18,018 | ▲ 119% |
| Profit (loss) for the period9904 | €32,635 | €22,082 | €31,053 | €34,976 | €51,237 | ▲ 46.5% |
| Profit (loss) for the period to be appropriated9905 | €32,635 | €22,082 | €31,053 | €34,976 | €51,237 | ▲ 46.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108,748 | €115,813 | €96,230 | €97,755 | €76,280 | ▼ 22.0% |
| Fixed assets21/28 | €13,874 | €73,997 | €58,726 | €43,455 | €29,216 | ▼ 32.8% |
| Tangible fixed assets22/27 | €13,874 | €73,997 | €58,726 | €43,455 | €29,216 | ▼ 32.8% |
| Plant, machinery and equipment23 | - | - | - | - | €1,032 | - |
| Furniture and vehicles24 | €4,531 | €66,372 | €52,818 | €39,263 | €25,709 | ▼ 34.5% |
| Other tangible fixed assets26 | €9,343 | €7,625 | €5,909 | €4,192 | €2,475 | ▼ 41.0% |
| Current assets29/58 | €94,874 | €41,815 | €37,503 | €54,300 | €47,064 | ▼ 13.3% |
| Amounts receivable within one year40/41 | €14,850 | €35,801 | €17,898 | €16,877 | €8,739 | ▼ 48.2% |
| Trade receivables40 | €12,602 | €30,131 | €17,898 | €16,877 | €8,257 | ▼ 51.1% |
| Other amounts receivable41 | €2,248 | €5,670 | - | - | €482 | - |
| Cash at bank and in hand54/58 | €79,258 | €3,525 | €17,136 | €35,626 | €35,794 | ▲ 0.5% |
| Deferred charges and accrued income490/1 | €766 | €2,489 | €2,470 | €1,798 | €2,531 | ▲ 40.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108,748 | €115,813 | €96,230 | €97,755 | €76,280 | ▼ 22.0% |
| Equity10/15 | €53,095 | €42,542 | €20,460 | €18,600 | €18,600 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €34,495 | €23,942 | €1,860 | - | - | - |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €32,635 | €22,082 | €1,860 | - | - | - |
| Amounts payable17/49 | €55,653 | €73,271 | €75,770 | €79,155 | €57,680 | ▼ 27.1% |
| Amounts payable within one year42/48 | €54,949 | €73,271 | €75,594 | €79,155 | €57,680 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | €1,263 | - | - | - | - | - |
| Trade debts44 | €10,659 | €1,203 | €3,251 | €787 | €528 | ▼ 33.0% |
| Suppliers440/4 | €10,659 | €1,203 | €3,251 | €787 | €528 | ▼ 33.0% |
| Taxes, remuneration and social security45 | €6,507 | €28 | €8,673 | €9,863 | €4,948 | ▼ 49.8% |
| Taxes450/3 | €3,481 | €28 | €8,673 | €9,863 | €4,948 | ▼ 49.8% |
| Remuneration and social security454/9 | €3,026 | - | - | - | - | - |
| Other amounts payable47/48 | €36,520 | €72,040 | €63,670 | €68,505 | €52,204 | ▼ 23.8% |
| Accrued charges and deferred income492/3 | €704 | - | €176 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,635 | €22,082 | €31,053 | €34,976 | €51,237 | ▲ 46.5% |
| + Depreciation and write-downs630 | €6,525 | €3,117 | €15,271 | €15,271 | €15,272 | = |
| Operating cash flow (approximation) | €39,160 | €25,199 | €46,324 | €50,247 | €66,509 | ▲ 32.4% |
| Investment in fixed assets (approximation) | - | -€63,240 | €0 | €0 | -€1,033 | - |
| Change in cash | - | -€75,733 | €13,611 | €18,490 | €168 | ▼ 99.1% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €51,237 ▲46.5%
Operating result €69,528, net result €51,237, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Izegem · 1 establishment unit since 2018
Ground area
929 m²
Building footprint
256 m²
Parcel 36493B0499/00W000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Viatec
since 20182.271.986.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36493B0499/00W000 | Flanders | 929 m² | 1 · 256 m² | 0.1 m |
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 · 190 EUR awarded · 190 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 190 EUR | 190 EUR |
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 3,882 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
Founded11-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0687794435
Also
9925:BE0687794435
Registered
11-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.