VIC
ActiveSummary
The computed 12-month bankruptcy probability of VIC is 2.9% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-17k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 1763 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability26▲+7
Solvency23▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.37 in 2023; short-term debt: 98.4% and cash: 24.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
-1.8%
Return on assets
-9.4%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3k
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 28-05-2025, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d early
2023
2 d early
2022
5 d early
2021
93 d early
2020
12 d late
2019
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-17k▲ 12.6%
2023 · €-20k
2018: €-12k
2019: €3k
2020: €6k
2021: €62k
2022: €-12k
2023: €-20k
2018 → 2024
Working capital
€-97k▼ 2.5%
2023 · €-95k
2018: €-77k
2019: €-72k
2020: €-57k
2021: €-73k
2022: €-94k
2023: €-95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-15k-€46k€34k▼ 26.3%€14k▼ 58.7%€-3k
Operating result€13k-€87k▲ 583%€-733€-8k▼ 1,006%€-6k▲ 31.7%
Net result€6k-€62k▲ 979%€-12k€-20k▼ 64.5%€-17k▲ 12.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184k
Fixed assets
€99k ▼ 13.9%
Current assets
€85k ▲ 53.4%
Key figures and ratios
EBITDA
€23k▲
2023 · €20k
Cash flow
€11k▲
2023 · €8k
Solvency
-1.8%▼
2023 · 8.2%
Current ratio
0.47▲
2023 · 0.37
Quick ratio
0.40▲
2023 · 0.23
Debt to equity
-53.37▼
2023 · 10.70
ROA
-9.4%▲
2023 · -11.6%
Interest coverage
2.27▲
2023 · 1.81
Debt
€182k▲
2023 · €150k
Debt ≤ 1 year
€182k▲
2023 · €150k
Income taxes
€3k▼
2023 · €4k
Staff costs
€229k▲
2023 · €203k
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 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€172k€185k▲
Formation expenses20€1k€1k▼
Fixed assets21/28€115k€99k▼
Tangible fixed assets22/27€114k€98k▼
Land and buildings22€70k€59k▼
Plant, machinery and equipment23€30k€27k▼
Furniture and vehicles24€767€2k▲
Other tangible fixed assets26€13k€10k▼
Financial fixed assets28€1k€1k=
Current assets29/58€56k€85k▲
Stocks and contracts in progress3€21k€12k▼
Stocks30/36€21k€12k▼
Amounts receivable within one year40/41€11k€11k▼
Trade receivables40€9k€9k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€10k€45k▲
Deferred charges and accrued income490/1€13k€17k▲
Equity and liabilities
Total equity and liabilities10/49€172k€185k▲
Equity10/15€14k€-3k▼
Contributions10/11€9k€9k=
Reserves13€34k€30k▼
Tax-exempt reserves132€30k€26k▼
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€-30k€-43k▼
Provisions and deferred taxes16€7k€6k▼
Deferred taxes168€7k€6k▼
Amounts payable17/49€150k€182k▲
Amounts payable within one year42/48€150k€182k▲
Current portion of amounts payable after more than one year42€2k€2k=
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€23k€47k▲
Suppliers440/4€23k€47k▲
Advances received on contracts in progress46€350€600▲
Taxes, remuneration and social security45€34k€43k▲
Taxes450/3€13k€20k▲
Remuneration and social security454/9€21k€23k▲
Other amounts payable47/48€82k€90k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€2k▼
Remuneration, social security and pensions62€203k€229k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€5k€8k▲
Non-recurring operating charges66A-€12k
Gross operating margin9900€228k€272k▲
Operating profit (loss)9901€-8k€-6k▲
Financial income75/76B€459-
Recurring financial income75€459-
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€-19k€-16k▲
Transfer from deferred taxes780€2k€1k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€-20k€-17k▲
Transfer from tax-exempt reserves789€9k€4k▼
Profit (loss) for the period to be appropriated9905€-11k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-43k▼
Profit (loss) brought forward from the previous period14P€-19k€-30k▼
Social balance
Average headcount (FTE)90874.05.0▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €62k ▲979%
Operating result €87k, net result €62k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 12 days late
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Durbuy · 2 establishment units since 1997
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.
Rue Alphonse Eloy 16940 DurbuyGround area
334 m²
Building footprint
213 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
LA CANETTE
since 19972.082.569.115
Rue du Comte Théodule d'Ursel 4, 6940 Durbuy
since 20102.199.234.676
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83012A0033/00H000 | Wallonia | 174 m² | 1 · 115 m² | - |
| 83012A0070/00F000 | Wallonia | 159 m² | 1 · 98 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
CHEZ VICTOR
BE 0691.551.701
Aarschot · Eq €14,048
LE PANORAMA
BE 0466.768.057
Houffalize · Eq €14,050
McLiégeois
BE 0849.391.386
Messancy · Eq €14,055
H.M.V.
BE 0463.242.405
Ukkel · Eq €14,040
HERMANS
BE 0472.139.085
Leopoldsburg · Eq €14,029
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,008 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-1997
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.