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VICAM

Active
Private limited companyfounded 201016 yrs activeWalemstraat 44, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0826.095.649

VICAM has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €42k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 82% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
90 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+15
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 0.96 in 2024; short-term debt: 14.5% and cash: 11.1% of total assets), and 15.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025
Solvency, return and age of the figures
Solvency
84.5%
Return on assets
17.8%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
1 d early
2023
1 d early
2022
34 d early
2021
26 d early
2020
on the day
2019
31 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€198k▲ 26.7%
2024 · €156k
2018: €109k 2019: €87k 2020: €106k 2021: €113k 2022: €118k 2023: €144k 2024: €156k
2018 → 2025
Total assets
€234k▲ 11.0%
2024 · €211k
2018: €288k 2019: €262k 2020: €264k 2021: €235k 2022: €211k 2023: €213k 2024: €211k
2018 → 2025
Net result
€42k▲ 253%
2024 · €12k
2018: €158 2019: €-22k 2020: €18k 2021: €8k 2022: €5k 2023: €26k 2024: €12k
2018 → 2025
Working capital
€31k
2024 · €-2k
2018: €4k 2019: €-22k 2020: €-7k 2021: €-12k 2022: €-16k 2023: €-3k 2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€113k-€118k▲ 4.5%€144k▲ 22.0%€156k▲ 8.2%€198k▲ 26.7%
Operating result€18k-€13k▼ 25.2%€40k▲ 198%€20k▼ 49.9%€61k▲ 202%
Net result€8k-€5k▼ 33.4%€26k▲ 412%€12k▼ 54.8%€42k▲ 253%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €18k€18kNet result 2021: €8k€8kOperating result 2022: €13k€13kNet result 2022: €5k€5kOperating result 2023: €40k€40kNet result 2023: €26k€26kOperating result 2024: €20k€20kNet result 2024: €12k€12kOperating result 2025: €61k€61kNet result 2025: €42k€42k20212022202320242025
The operating result recovers in 2025; 2025 is 202% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets €169k▲ 0.2%
Current assets €65k▲ 53.7%
Equity and liabilities €234k
Equity €198k▲ 26.7%
Debt €36k▼ 33.6%
The debt ratio falls from 26.0% to 15.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€64k
2024 · €23k
Cash flow
€45k
2024 · €15k
Solvency
84.5%
2024 · 74.0%
Current ratio
1.92
2024 · 0.96
Quick ratio
1.92
2024 · 0.96
Debt / equity
0.18
2024 · 0.35
ROE
21.0%
2024 · 7.5%
ROA
17.8%
2024 · 5.6%
Interest coverage
35.51
2024 · 9.30
Debt
€36k
2024 · €55k
Debt ≤ 1 year
€34k
2024 · €44k
Debt > 1 year
€0
2024 · €8k
Income taxes
€17k
2024 · €6k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€211k€234k
Fixed assets21/28€169k€169k
Tangible fixed assets22/27€169k€169k
Furniture and vehicles24€4k€6k
Other tangible fixed assets26€164k€163k
Current assets29/58€42k€65k
Amounts receivable within one year40/41€24k€39k
Trade receivables40€21k€33k
Other amounts receivable41€3k€6k
Cash at bank and in hand54/58€18k€26k
Deferred charges and accrued income490/1€0€151
Equity and liabilities
Total equity and liabilities10/49€211k€234k
Equity10/15€156k€198k
Contributions10/11€6k€6k=
Reserves13€150k€192k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€148k€192k
Amounts payable17/49€55k€36k
Amounts payable after more than one year17€8k€0
Financial debts170/4€8k€0
Amounts payable within one year42/48€44k€34k
Current portion of amounts payable after more than one year42€14k€8k
Financial debts43€5k€5k
Credit institutions430/8€5k€5k
Trade debts44€9k€2k
Suppliers440/4€9k€2k
Taxes, remuneration and social security45€9k€18k
Taxes450/3€6k€15k
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€7k€0
Accrued charges and deferred income492/3€2k€2k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k
Other operating charges640/8€626€938
Gross operating margin9900€24k€65k
Operating profit (loss)9901€20k€61k
Financial income75/76B€45€3
Recurring financial income75€45€3
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€18k€59k
Income taxes67/77€6k€17k
Profit (loss) for the period9904€12k€42k
Profit (loss) for the period to be appropriated9905€12k€42k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€42k
Transfer to equity691/2€12k€42k
To other reserves6921€12k€42k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
10-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €42k ▲253%
Operating result €61k, net result €42k, both a record.
30-09
Financial Liquidity doublescurrent ratio 1.92
Current ratio from 0.96 to 1.92; short-term debt falls from €44k to €34k.
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Equity above €150kEq €156k ▲8.2%
5 profitable years in a row build equity to €156k.
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
04-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €18k
Net result €18k after one loss-making year.
30-09
Financial Equity above €100kEq €106k ▲20.9%
Equity rises from €87k to €106k.
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Weakest financial yearnet €-22k ▼13924%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
12-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Katelijne-Waver · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Walemstraat 442860 Sint-Katelijne-Waver
Ground area
819 m²
Building footprint
106 m²
Volume, LiDAR
652 m³
Parcel 12035E0356/00L000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VICAM
Walemstraat 44, 2860 Sint-Katelijne-WaverBusiness consulting
since 20102.188.998.901
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12035E0356/00L000 Flanders 819 m² 1 · 106 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,098 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-05-2010
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.