VIBAT
ActiveSummary
VIBAT has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €737k and a net result of €4k. Equity is growing by ~3.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
short-term debt: 0.2% and cash: 1.9% of total assets, and 0.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
99.8%
Return on assets
0.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 30-06-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
5 d late
2023
on the day
2022
31 d early
2021
29 d late
2020
29 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€737k▲ 0.6%
2024 · €733k
2018: €596k
2019: €537k▼ -9.9% vs 2018
2020: €469k▼ -12.7% vs 2019
2021: €422k▼ -10.0% vs 2020
2022: €369k▼ -12.4% vs 2021lowest in 8 years
2023: €717k▲ +94.2% vs 2022
2024: €733k▲ +2.3% vs 2023
2025: €737k▲ +0.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€739k▲ 0.2%
2024 · €737k
2018: €847k
2019: €841k▼ -0.6% vs 2018
2020: €794k▼ -5.6% vs 2019
2021: €742k▼ -6.6% vs 2020
2022: €701k▼ -5.6% vs 2021lowest in 8 years
2023: €1.11M▲ +58.0% vs 2022highest in 8 years
2024: €737k▼ -33.5% vs 2023
2025: €739k▲ +0.2% vs 2024
2018 → 2025
Net result
€4k▼ 72.7%
2024 · €16k
2018: €-57k
2019: €-59k▼ -2.6% vs 2018
2020: €-68k▼ -16.2% vs 2019lowest in 8 years
2021: €-47k▲ +31.2% vs 2020
2022: €-52k▼ -11.7% vs 2021
2023: €981k▲ +1969% vs 2022highest in 8 years
2024: €16k▼ -98.4% vs 2023
2025: €4k▼ -72.7% vs 2024
2018 → 2025
Working capital
€377k▲ 4.0%
2024 · €363k
2018: €115k
2019: €-45k▼ -139% vs 2018
2020: €-57k▼ -27.2% vs 2019lowest in 8 years
2021: €-49k▲ +14.3% vs 2020
2022: €-48k▲ +0.9% vs 2021
2023: €346k▲ +815% vs 2022
2024: €363k▲ +4.8% vs 2023
2025: €377k▲ +4.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€422k-€369k▼ 12.4%€717k▲ 94.2%€733k▲ 2.3%€737k▲ 0.6%
2021: €422k
2022: €369k▼ -12.4% vs 2021lowest in 5 years
2023: €717k▲ +94.2% vs 2022
2024: €733k▲ +2.3% vs 2023
2025: €737k▲ +0.6% vs 2024highest in 5 years
Operating result€-43k-€-48k▼ 12.7%€1.27M€-8k€-310▲ 96.1%
2021: €-43k
2022: €-48k▼ -12.7% vs 2021lowest in 5 years
2023: €1.27M▲ +2735% vs 2022highest in 5 years
2024: €-8k▼ -101% vs 2023
2025: €-310▲ +96.1% vs 2024
Net result€-47k-€-52k▼ 11.7%€981k€16k▼ 98.4%€4k▼ 72.7%
2021: €-47k
2022: €-52k▼ -11.7% vs 2021lowest in 5 years
2023: €981k▲ +1969% vs 2022highest in 5 years
2024: €16k▼ -98.4% vs 2023
2025: €4k▼ -72.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €310 in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €739k
Fixed assets
€360k ▼ 3.0%
Current assets
€379k ▲ 3.5%
Equity and liabilities €739k
Equity
€737k ▲ 0.6%
Debt
€1k ▼ 70.0%
Debt's share of the balance-sheet total falls from 0.6% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▲
2024 · €3k
Cash flow
€16k▼
2024 · €27k
Debt to equity
0.00▼
2024 · 0.01
ROE
0.6%▼
2024 · 2.2%
ROA
0.6%▼
2024 · 2.2%
Interest coverage
242.10▲
2024 · 61.85
Debt ≤ 1 year
€1k▼
2024 · €3k
Income taxes
€1k▲
2024 · €1k
A ratio outside any meaningful range has been withheld (balance sheet total €739k, equity €737k).
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€737k€739k▲
Fixed assets21/28€371k€360k▼
Tangible fixed assets22/27€371k€360k▼
Land and buildings22€362k€353k▼
Furniture and vehicles24€9k€7k▼
Financial fixed assets28€350€350=
Current assets29/58€366k€379k▲
Amounts receivable within one year40/41€8k€4k▼
Other amounts receivable41€8k€4k▼
Current investments50/53€300k€360k▲
Cash at bank and in hand54/58€54k€14k▼
Deferred charges and accrued income490/1€4k€154▼
Equity and liabilities
Total equity and liabilities10/49€737k€739k▲
Equity10/15€733k€737k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€671k€675k▲
Non-distributable reserves130/1€306€306▼
Other1319€306€306▼
Tax-exempt reserves132€129k€124k▼
Distributable reserves133€541k€551k▲
Profit (loss) carried forward14€673€673=
Amounts payable17/49€4k€1k▼
Amounts payable within one year42/48€3k€1k▼
Trade debts44€655€72▼
Suppliers440/4€655€72▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€1k€1k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€13k€14k▲
Operating profit (loss)9901€-8k€-310▲
Financial income75/76B€13k€6k▼
Recurring financial income75€13k€6k▼
Financial charges65/66B€52€45▼
Recurring financial charges65€52€45▼
Profit (loss) for the period before taxes9903€5k€5k▼
Transfer from deferred taxes780€12k-
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€16k€4k▼
Transfer from tax-exempt reserves789-€6k
Transfer to tax-exempt reserves689€6k-
Profit (loss) for the period to be appropriated9905€10k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k▲
Profit (loss) brought forward from the previous period14P€496€673▲
Transfer to equity691/2€10k€10k▲
To other reserves6921€10k€10k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | - | €1.55M | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | €53k | €27k | €11k | €11k | = |
| Other operating charges640/8 | €3k | €3k | €3k | €3k | €3k | ▲ 4.6% |
| Non-recurring operating charges66A | - | €1k | €259k | €7k | - | - |
| Gross operating margin9900 | €15k | €9k | €1.56M | €13k | €14k | ▲ 9.9% |
| Operating profit (loss)9901 | €-43k | €-48k | €1.27M | €-8k | €-310 | ▲ 96.1% |
| Financial income75/76B | - | - | €16k | €13k | €6k | ▼ 57.1% |
| Recurring financial income75 | - | - | €16k | €13k | €6k | ▼ 57.1% |
| Financial charges65/66B | €4k | €4k | €2k | €52 | €45 | ▼ 13.5% |
| Recurring financial charges65 | €4k | €4k | €2k | €52 | €45 | ▼ 13.5% |
| Profit (loss) for the period before taxes9903 | €-47k | €-52k | €1.28M | €5k | €5k | ▼ 0.3% |
| Transfer from deferred taxes780 | - | - | €1k | €12k | - | - |
| Transfer to deferred taxes680 | - | - | €13k | - | - | - |
| Income taxes67/77 | - | - | €288k | €1k | €1k | ▲ 1.4% |
| Profit (loss) for the period9904 | €-47k | €-52k | €981k | €16k | €4k | ▼ 72.7% |
| Transfer from tax-exempt reserves789 | €12k | €9k | €17k | - | €6k | - |
| Transfer to tax-exempt reserves689 | - | - | - | €6k | - | - |
| Profit (loss) for the period to be appropriated9905 | €-35k | €-44k | €998k | €10k | €10k | ▼ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €742k | €701k | €1.11M | €737k | €739k | ▲ 0.2% |
| Fixed assets21/28 | €722k | €669k | €382k | €371k | €360k | ▼ 3.0% |
| Tangible fixed assets22/27 | €722k | €669k | €382k | €371k | €360k | ▼ 3.0% |
| Land and buildings22 | €706k | €655k | €371k | €362k | €353k | ▼ 2.5% |
| Furniture and vehicles24 | €16k | €14k | €11k | €9k | €7k | ▼ 25.0% |
| Financial fixed assets28 | - | €350 | €350 | €350 | €350 | = |
| Current assets29/58 | €20k | €32k | €725k | €366k | €379k | ▲ 3.5% |
| Amounts receivable within one year40/41 | €11k | €19k | €97k | €8k | €4k | ▼ 43.7% |
| Trade receivables40 | €10k | €17k | €0 | - | - | - |
| Other amounts receivable41 | €1k | €1k | €97k | €8k | €4k | ▼ 43.7% |
| Current investments50/53 | - | - | €610k | €300k | €360k | ▲ 20.0% |
| Cash at bank and in hand54/58 | €9k | €13k | €16k | €54k | €14k | ▼ 73.9% |
| Deferred charges and accrued income490/1 | €166 | €137 | €2k | €4k | €154 | ▼ 96.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €742k | €701k | €1.11M | €737k | €739k | ▲ 0.2% |
| Equity10/15 | €422k | €369k | €717k | €733k | €737k | ▲ 0.6% |
| Contributions10/11 | €695k | €695k | €62k | €62k | €62k | = |
| Capital10 | €663k | €663k | €62k | €62k | €62k | = |
| Issued capital100 | €663k | €663k | €62k | €62k | €62k | = |
| Outside capital11 | €32k | €32k | - | - | - | - |
| Share premium1100/10 | €32k | €32k | - | - | - | - |
| Reserves13 | €150k | €141k | €655k | €671k | €675k | ▲ 0.7% |
| Non-distributable reserves130/1 | €306 | €306 | €306 | €306 | €306 | ▼ 0.1% |
| Other1319 | €306 | €306 | €306 | €306 | €306 | ▼ 0.1% |
| Tax-exempt reserves132 | €150k | €141k | €123k | €129k | €124k | ▼ 4.4% |
| Distributable reserves133 | - | - | €531k | €541k | €551k | ▲ 1.9% |
| Profit (loss) carried forward14 | €-423k | €-467k | €496 | €673 | €673 | = |
| Provisions and deferred taxes16 | - | - | €12k | - | - | - |
| Deferred taxes168 | - | - | €12k | - | - | - |
| Amounts payable17/49 | €321k | €332k | €379k | €4k | €1k | ▼ 70.0% |
| Amounts payable after more than one year17 | €250k | €250k | - | - | - | - |
| Other amounts payable178/9 | €250k | €250k | - | - | - | - |
| Amounts payable within one year42/48 | €69k | €80k | €379k | €3k | €1k | ▼ 57.2% |
| Trade debts44 | €10k | €17k | €72 | €655 | €72 | ▼ 89.0% |
| Suppliers440/4 | €10k | €17k | €72 | €655 | €72 | ▼ 89.0% |
| Taxes, remuneration and social security45 | - | - | €378k | €1k | - | - |
| Taxes450/3 | - | - | €378k | €1k | - | - |
| Other amounts payable47/48 | €59k | €64k | €1k | €1k | €1k | ▼ 9.7% |
| Accrued charges and deferred income492/3 | €1k | €1k | €414 | €1k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-47k | €-52k | €981k | €16k | €4k | ▼ 72.7% |
| + Depreciation and write-downs630 | €55k | €53k | €27k | €11k | €11k | = |
| Operating cash flow (approximation) | €8k | €805 | €1.01M | €27k | €16k | ▼ 43.0% |
| Investment in fixed assets (approximation) | - | €-350 | €259k | €0 | €0 | - |
| Change in cash | - | €4k | €3k | €37k | €-40k | ▼ 206% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-12
Financial
Liquidity doublescurrent ratio 296.05
Current ratio from 122.36 to 296.05; short-term debt falls from €3k to €1k.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-12
Financial
Liquidity times 64current ratio 122.36
Current ratio from 1.91 to 122.36; short-term debt falls from €379k to €3k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-12
Financial
Back to profitnet €981k
Net result €981k after 5 loss-making years.
30-12
Financial
Liquidity times 5current ratio 1.91
Current ratio from 0.40 to 1.91.
30-12
Financial
Equity above €500kEq €717k ▲94.2%
Equity rises from €369k to €717k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
30-12
Financial
Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
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, Sint-Niklaas · 1 establishment unit since 2001
Ground area
1,225 m²
Building footprint
168 m²
Volume, LiDAR
845 m³
Parcel 46019B1270/00A002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hooimanstraat 124, 9112 Sint-Niklaas
since 20012.069.136.692
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46019B1270/00A002 | Flanders | 1,225 m² | 1 · 168 m² | 8.4 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.
Identification & contact
Identification
Legal formPublic limited company
Founded20-06-1994
Fiscal year end30-12
Scores and ratios are computed by Checked and are not a credit decision.