VIBRATIONS and ANALYSIS
ActiveSummary
The annual accounts of VIBRATIONS and ANALYSIS for fiscal year 2024 show a net loss of 88% of the equity at the start of that year. The 2024 annual accounts show equity of €816 and a net result of €-6k. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 1936 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability11▲+11
Solvency28▼-62
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.25 against 2.89 in 2023; short-term debt: 97.4% and cash: 24.5% of total assets), and 97.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.6%
Return on assets
-18.6%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1936 sector peers (2024).
NBB · sector comparisonPosition among 1936 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
61 d late
2022
90 d late
2021
153 d late
2020
31 d early
2019
159 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€12k▲ 68.0%
2023 · €7k
2018: €26k
2019: €23k▼ -9.8% vs 2018
2020: €12k▼ -50.1% vs 2019
2021: €9k▼ -20.6% vs 2020
2022: €28k▲ +205% vs 2021highest in 7 years
2023: €7k▼ -74.3% vs 2022lowest in 7 years
2024: €12k▲ +68.0% vs 2023
2018 → 2024
EBIT margin
-49.4%▲ 81.9pp
2023 · -131.3%
2018: 31.2%
2019: -4.9%▼ -116% vs 2018
2020: 11.4%▲ +331% vs 2019
2021: -25.3%▼ -323% vs 2020
2022: 33.9%▲ +234% vs 2021highest in 7 years
2023: -131.3%▼ -488% vs 2022lowest in 7 years
2024: -49.4%▲ +62.4% vs 2023
2018 → 2024
Net result
€-6k▲ 36.8%
2023 · €-9k
2018: €8k
2019: €-1k▼ -117% vs 2018
2020: €1k▲ +190% vs 2019
2021: €-2k▼ -310% vs 2020
2022: €9k▲ +483% vs 2021highest in 7 years
2023: €-9k▼ -200% vs 2022lowest in 7 years
2024: €-6k▲ +36.8% vs 2023
2018 → 2024
Working capital
€-23k
2023 · €7k
2018: €5k
2019: €8k▲ +73.5% vs 2018
2020: €9k▲ +14.7% vs 2019
2021: €7k▼ -26.9% vs 2020
2022: €16k▲ +141% vs 2021highest in 7 years
2023: €7k▼ -58.2% vs 2022
2024: €-23k▼ -445% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€12k-€9k▼ 20.6%€28k▲ 205%€7k▼ 74.3%€12k▲ 68.0%
2020: €12k
2021: €9k▼ -20.6% vs 2020
2022: €28k▲ +205% vs 2021highest in 5 years
2023: €7k▼ -74.3% vs 2022lowest in 5 years
2024: €12k▲ +68.0% vs 2023
Equity€9k-€7k▼ 26.9%€16k▲ 141%€7k▼ 58.2%€816▼ 87.9%
2020: €9k
2021: €7k▼ -26.9% vs 2020
2022: €16k▲ +141% vs 2021highest in 5 years
2023: €7k▼ -58.2% vs 2022
2024: €816▼ -87.9% vs 2023lowest in 5 years
Operating result€1k-€-2k€9k€-9k€-6k▲ 36.8%
2020: €1k
2021: €-2k▼ -277% vs 2020
2022: €9k▲ +507% vs 2021highest in 5 years
2023: €-9k▼ -200% vs 2022lowest in 5 years
2024: €-6k▲ +36.8% vs 2023
Net result€1k-€-2k€9k€-9k€-6k▲ 36.8%
2020: €1k
2021: €-2k▼ -310% vs 2020
2022: €9k▲ +483% vs 2021highest in 5 years
2023: €-9k▼ -200% vs 2022lowest in 5 years
2024: €-6k▲ +36.8% vs 2023
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 €6k in 2024 against €9k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets
€24k
Current assets
€8k
Equity and liabilities €32k
Equity
€816 ▼ 87.9%
Debt
€31k ▲ 771%
Debt's share of the balance-sheet total rises from 34.6% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€85▲
2023 · €-9k
Cash flow
€85▲
2023 · €-9k
Current ratio
0.25▼
2023 · 2.89
ROA
-18.6%▲
2023 · -91.1%
Debt ≤ 1 year
€31k▲
2023 · €4k
Staff costs
€1k=
2023 · €1k
Equity ratios withheld: equity of €816 is too small for a meaningful ratio.
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10k€32k▲
Fixed assets21/28-€24k
Tangible fixed assets22/27-€24k
Furniture and vehicles24-€24k
Current assets29/58€10k€8k▼
Amounts receivable within one year40/41€2k€0▼
Trade receivables40€390€0▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€8k€8k▼
Deferred charges and accrued income490/1€737-
Equity and liabilities
Total equity and liabilities10/49€10k€32k▲
Equity10/15€7k€816▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-1k€-7k▼
Amounts payable17/49€4k€31k▲
Amounts payable within one year42/48€4k€31k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Remuneration and social security454/9€50-
Other amounts payable47/48-€30k
Income statement
Code20232024
Turnover70€7k€12k▲
Goods, raw materials, services and sundry goods60/61€15k€11k▼
Remuneration, social security and pensions62€1k€1k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€6k▲
Gross operating margin9900€-8k€1k▲
Operating profit (loss)9901€-9k€-6k▲
Profit (loss) for the period before taxes9903€-9k€-6k▲
Profit (loss) for the period9904€-9k€-6k▲
Profit (loss) for the period to be appropriated9905€-9k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-7k▼
Profit (loss) brought forward from the previous period14P€8k€-1k▼
Social balance
Average headcount (FTE)9087-0.1
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €12k | €9k | €28k | €7k | €12k | ▲ 68.0% |
| Goods, raw materials, services and sundry goods60/61 | - | €10k | €17k | €15k | €11k | ▼ 30.1% |
| Remuneration, social security and pensions62 | - | €1k | €1k | €1k | €1k | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0 | €0 | €0 | €6k | - |
| Gross operating margin9900 | €3k | €-1k | €11k | €-8k | €1k | ▲ 116% |
| Operating profit (loss)9901 | €1k | €-2k | €9k | €-9k | €-6k | ▲ 36.8% |
| Financial charges65/66B | - | €145 | - | - | - | - |
| Recurring financial charges65 | €138 | €145 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1k | €-2k | €9k | €-9k | €-6k | ▲ 36.8% |
| Profit (loss) for the period9904 | €1k | €-2k | €9k | €-9k | €-6k | ▲ 36.8% |
| Profit (loss) for the period to be appropriated9905 | €1k | €-2k | €9k | €-9k | €-6k | ▲ 36.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10k | €8k | €16k | €10k | €32k | ▲ 209% |
| Formation expenses20 | - | €0 | - | - | - | - |
| Fixed assets21/28 | - | €0 | €0 | - | €24k | - |
| Intangible fixed assets21 | - | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | - | €0 | €0 | - | €24k | - |
| Land and buildings22 | - | €0 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | €0 | €0 | - | - | - |
| Furniture and vehicles24 | - | €0 | €0 | - | €24k | - |
| Leasing and similar rights25 | - | €0 | €0 | - | - | - |
| Other tangible fixed assets26 | - | €0 | €0 | - | - | - |
| Assets under construction and advance payments27 | - | €0 | €0 | - | - | - |
| Financial fixed assets28 | - | €0 | €0 | - | - | - |
| Current assets29/58 | €10k | €8k | €16k | €10k | €8k | ▼ 24.2% |
| Amounts receivable after more than one year29 | - | - | €0 | - | - | - |
| Trade receivables290 | - | - | €0 | - | - | - |
| Other amounts receivable291 | - | - | €0 | - | - | - |
| Stocks and contracts in progress3 | - | - | €0 | - | - | - |
| Stocks30/36 | - | - | €0 | - | - | - |
| Contracts in progress37 | - | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | €883 | €917 | €407 | €2k | €0 | ▼ 100% |
| Trade receivables40 | - | €472 | €0 | €390 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €445 | €407 | €1k | - | - |
| Current investments50/53 | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €9k | €7k | €16k | €8k | €8k | ▼ 2.6% |
| Deferred charges and accrued income490/1 | - | - | €0 | €737 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10k | €8k | €16k | €10k | €32k | ▲ 209% |
| Equity10/15 | €9k | €7k | €16k | €7k | €816 | ▼ 87.9% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | €6k | €6k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | - | €12k | €12k | €12k | €12k | = |
| Outside capital11 | - | - | €0 | - | - | - |
| Share premium1100/10 | - | - | €0 | - | - | - |
| Other1109/19 | - | - | €0 | - | - | - |
| Revaluation surpluses12 | - | - | €0 | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | - | €0 | - | - | - |
| Profit (loss) carried forward14 | €1k | €-1k | €8k | €-1k | €-7k | ▼ 459% |
| Amounts payable17/49 | €428 | €2k | €302 | €4k | €31k | ▲ 771% |
| Amounts payable within one year42/48 | €428 | €2k | €302 | €4k | €31k | ▲ 771% |
| Taxes, remuneration and social security45 | - | €158 | - | €4k | €1k | ▼ 71.7% |
| Taxes450/3 | - | €158 | - | €4k | €1k | ▼ 71.3% |
| Remuneration and social security454/9 | - | - | - | €50 | - | - |
| Other amounts payable47/48 | - | €1k | €302 | - | €30k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €-2k | €9k | €-9k | €-6k | ▲ 36.8% |
| + Depreciation and write-downs630 | - | €0 | €0 | €0 | €6k | - |
| Operating cash flow (approximation) | €1k | €-2k | €9k | €-9k | €85 | ▲ 101% |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - |
| Change in cash | - | €-1k | €9k | €-8k | €-209 | ▲ 97.4% |
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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 118 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 90 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 54.55
Current ratio from 5.09 to 54.55; short-term debt falls from €2k to €302.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 159 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 22.46
Current ratio from 7.12 to 22.46; short-term debt falls from €1k to €428.
2019
31-12
Financial
Liquidity quadruplescurrent ratio 7.12
Current ratio from 1.95 to 7.12; short-term debt falls from €5k to €1k.
Show earlier events
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 33 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 45 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 1990
Ground area
2,047 m²
Building footprint
136 m²
Volume, LiDAR
884 m³
Parcel 44029C0851/00F000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VIBRATIONS & ANALYSIS
since 19902.049.904.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029C0851/00F000 | Flanders | 2,047 m² | 1 · 136 m² | 9.7 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.
Similar companies · same sector, comparable size
SONARIC
BE 1012.823.916
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jurn-e
BE 0783.580.549
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FOXTROT ENGINEERING
BE 0785.630.516
Mons · Eq €797
MiVenCo
BE 1030.330.139
Diest · Eq €840
Subsea Structural Technologies
BE 0789.284.545
Kraainem · Eq €857
Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 477 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 (pre-2019)
Founded24-09-1990
Fiscal year end31-12
Abbreviation NL
V and A
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.