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Vicinity Services

Active Public limited companyfounded 2020active for 5 yearsBosrechterstraat 50, 1170 Watermael-BoitsfortKBO/BCE: BE 0759.989.456 subsidiary of

Lifetime

5 annual accounts with figures on one time axis
peak €425,588 (2025)
€425,588▲ 8.8%
peak €20,893 (2024)
€19,514▼ 6.6%
peak €114,520 (2025)
€114,520▲ 7.0%
€118,840▲ 25.5%
peak 7.1 FTE (2025)
7.1 FTE▲ 20.3%
Board3 names since 2020
2 directors and 1 other
Owners
  
Documentsfilings and deeds
11-06-202650 days before the deadline
2025abbreviated format
Staff from 5.9 FTE to 7.1 FTEPermanent representative: 19-08Debts from €94,718 to €118,840Cash from €53,935 to €14,857

Key points

from the 2025 annual accounts

Equity

€114,520 ▲ 7.0%

Vicinity Services has made a profit in every financial year since 2021.

Turnover

≈ €480,000 estimated

The abbreviated format states no turnover.

Staff

8 employees on 31-12-2025
622021222022442024212025

In 2025, 2 people joined and 1 left.

Filings

5 annual accounts 2 late
AprilJune31 JulyOctober20222024

The 2024 accounts came latest: 40 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as Vicinity Services has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for Vicinity Services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Managing director,
Director, , since 13-04-2023
  • 85%score equity €341,907 (2025) · 2025 annual accounts of
  • 15%score equity €142.7m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0759989456
Permanent representative: Appointment: (managing director) · Board meeting of 23-07-2025 · Gazette deed
1 director appointed, 1 resignation Resignation: · Appointment: · Permanent representative: · General meeting of 13-04-2023 · Gazette deed
First establishment Bosrechterstraat 50, Watermael-Boitsfort
All 12 events

Comparable companies

same main activity, similar in size and age
Company
Vicinity Services Watermael-Boitsfort €233,359 €425,588 49.1% 7.1
Colive Brussels €798,329 €377,155 -38.8% 7
YONDR Agency BE Beveren €332,770 €389,426 -43.9% 8
The GCK Company Lier €254,480 €405,683 43.8% -
KLEPIERRE MANAGEMENT BELGIQUE Ottignies-Louvain-la-Neuve €461,027 €598,943 42.4% 3.9
International Assets Finance Management Auderghem €760,376 €653,161 60.0% 5.6
COLIVE GESTION Brussels €257,897 €168,013 -15.2% -

These companies have the same main activity as Vicinity Services: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €254,000 and €798,000, founded between 2012 and 2020.

Official details

Source: KBO
Status
Active since 18-12-2020Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 13 November 2026.
Activity
Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 3 others
Establishment unit
2.314.830.2691170 Watermael-Boitsfort, since 01-01-2021
Financial year end
31 December
Peppol
Reachable since 17-07-2026
Company details

Annual accounts 2025

€233,359▲ 15.7%
Employeeson 31-12-2025
8▲ 14.3%
Filing
Filed on 11-06-2026, 50 days before the end of the filing period
Financials

Insights on Vicinity Services

Vicinity Services files the abbreviated format. That format states no turnover. The gross margin rose from €239,220 in 2021 to €425,588 in 2025.

holds 85% of the shares. In August 2025, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Vicinity Services

What is the company number of Vicinity Services?
The company number of Vicinity Services is 0759.989.456. The VAT number is the same number with BE in front: BE 0759.989.456.
Where is Vicinity Services based?
The registered office is at Bosrechterstraat 50, 1170 Watermael-Boitsfort.Company details
What does Vicinity Services do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of Vicinity Services?
Vicinity Services is a public limited company (NV).
When was Vicinity Services founded?
Vicinity Services was founded on 18-12-2020.
Is Vicinity Services still active?
Yes, Vicinity Services is an active enterprise in the KBO register.
How many employees does Vicinity Services have?
Vicinity Services had an average of 7.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Vicinity Services?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €425,588 and 38 comparable companies (NACE 68201). It probably lies between €430,000 and €530,000.
Is Vicinity Services profitable?
In financial year 2025, Vicinity Services made a profit of €19,514.
Where can I find the annual accounts of Vicinity Services?
Vicinity Services filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vicinity Services due?
Vicinity Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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