VIC MNG
ActiveThe computed 12-month bankruptcy probability of VIC MNG is 2.1% (moderate). The 2024 annual accounts show equity of €685k and a net result of €168k. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 6541 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+3
Solvency55▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.19 in 2023; short-term debt: 63.2% and cash: 1.4% of total assets), and 70.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
70 d late
2022
31 d late
2021
43 d late
2020
58 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€168k▲ 30.7%
2023 · €128k
2018: €46k
2019: €46k
2020: €47k
2021: €95k
2022: €91k
2023: €128k
2018 → 2024
Working capital
€713k▲ 68.4%
2023 · €423k
2018: €149k
2019: €196k
2020: €244k
2021: €263k
2022: €344k
2023: €423k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€202k-€297k▲ 46.7%€388k▲ 30.7%€517k▲ 33.1%€685k▲ 32.5%
Operating result€72k-€149k▲ 106%€147k▼ 1.1%€218k▲ 48.1%€289k▲ 32.7%
Net result€47k-€95k▲ 101%€91k▼ 3.7%€128k▲ 41.0%€168k▲ 30.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 33% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.30M
Fixed assets
€135k▲ 44.0%
Current assets
€2.17M▼ 19.2%
Equity and liabilities €2.30M
Equity
€685k▲ 32.5%
Debt
€1.62M▼ 28.4%
The debt ratio falls from 81.4% to 70.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€318k▲
2023 · €233k
Cash flow
€196k▲
2023 · €144k
Solvency
29.7%▲
2023 · 18.6%
Current ratio
1.49▲
2023 · 1.19
Quick ratio
0.99▲
2023 · 0.90
Debt / equity
2.37▼
2023 · 4.38
ROE
24.5%▼
2023 · 24.9%
ROA
7.3%▲
2023 · 4.6%
Interest coverage
11.39▼
2023 · 12.08
Debt
€1.62M▼
2023 · €2.26M
Debt ≤ 1 year
€1.46M▼
2023 · €2.26M
Debt > 1 year
€163k
Income taxes
€95k▲
2023 · €72k
Staff costs
€548k▲
2023 · €492k
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€2.78M€2.30M▼
Fixed assets21/28€94k€135k▲
Tangible fixed assets22/27€80k€122k▲
Land and buildings22€13k€17k▲
Furniture and vehicles24€68k€54k▼
Other tangible fixed assets26-€50k
Financial fixed assets28€13k€13k=
Current assets29/58€2.69M€2.17M▼
Stocks and contracts in progress3€646k€727k▲
Stocks30/36€646k€727k▲
Amounts receivable within one year40/41€2.00M€1.37M▼
Trade receivables40€1.24M€337k▼
Other amounts receivable41€760k€1.04M▲
Current investments50/53€24k€30k▲
Cash at bank and in hand54/58€12k€33k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.78M€2.30M▼
Equity10/15€517k€685k▲
Contributions10/11€19k€19k=
Reserves13€221k€389k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€220k€388k▲
Profit (loss) carried forward14€277k€277k=
Amounts payable17/49€2.26M€1.62M▼
Amounts payable after more than one year17-€163k
Financial debts170/4-€163k
Amounts payable within one year42/48€2.26M€1.46M▼
Current portion of amounts payable after more than one year42€35k-
Financial debts43€100k-
Credit institutions430/8€100k-
Trade debts44€683k€707k▲
Suppliers440/4€683k€707k▲
Advances received on contracts in progress46€946k€251k▼
Taxes, remuneration and social security45€358k€479k▲
Taxes450/3€253k€386k▲
Remuneration and social security454/9€104k€93k▼
Other amounts payable47/48€142k€21k▼
Income statement
Code20232024
Remuneration, social security and pensions62€492k€548k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€28k▲
Other operating charges640/8€5k€225▼
Gross operating margin9900€730k€866k▲
Operating profit (loss)9901€218k€289k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€19k€28k▲
Recurring financial charges65€19k€28k▲
Profit (loss) for the period before taxes9903€201k€263k▲
Income taxes67/77€72k€95k▲
Profit (loss) for the period9904€128k€168k▲
Profit (loss) for the period to be appropriated9905€128k€168k▲
Appropriation of the result
Profit (loss) to be appropriated9906€405k€444k▲
Profit (loss) brought forward from the previous period14P€277k€277k=
Transfer to equity691/2€128k€168k▲
To other reserves6921€128k€168k▲
Social balance
Average headcount (FTE)908720.525.2▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 75 days late
2024
31-12
Financial
Highest result since 2018net €168k ▲30.7%
Operating result €289k, net result €168k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 70 days late
2023
31-12
Financial
Equity above €500kEq €517k ▲33.1%
6 profitable years in a row build equity to €517k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 43 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 58 days late
2020
31-12
Financial
Equity above €200kEq €202k ▲30.2%
3 profitable years in a row build equity to €202k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial
Equity above €150kEq €155k ▲42.6%
2 profitable years in a row build equity to €155k.
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 35 days late
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 79 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
18-07
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
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, Charleroi · 6 establishment units since 2014
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 Petit Piersoulx 16041 CharleroiGround area
1.3 ha
Building footprint
964 m²
Volume, LiDAR
7,350 m³
4 parcels, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
6 establishment units
Binôme
since 20142.235.210.986
Sora
since 20142.235.446.063
Binome Ville2
since 20242.359.390.683
SistaCLub
since 20242.365.828.614
Binome
since 20252.374.413.213
SistaClub V2
since 20252.377.946.090
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52028B0291/00G000 | Wallonia | 8,532 m² | 1 · 177 m² | 11.0 m · 3 fl. |
| 52302A1138/00X000 | Wallonia | 1,734 m² | - | - |
| 25783E0243/00A002 | Wallonia | 1,567 m² | 1 · 579 m² | 15.0 m · 2 fl. |
| 52011B0248/00D009 | Wallonia | 756 m² | 1 · 209 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 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
STARCOLA
BE 0799.906.837
Herve · Eq €684k
EDOUARD COUTURE
BE 0441.966.345
Oostende · Eq €687k
THALASSA
BE 0426.805.047
Mol · Eq €688k
Palms - Jans
BE 0446.543.458
Lummen · Eq €680k
BONAIRE
BE 0438.849.675
Keerbergen · Eq €694k
Of 2,212 companies in sector 47711 we hold annual accounts for 890. 456 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-08-2014
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
46425Wholesale trade
47721Retail sale of footwear
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.