VICOL
ActiveSummary
The computed 12-month bankruptcy probability of VICOL is 2.2% (moderate). The 2025 annual accounts show equity of €16k and a net result of €106k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 13% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency34▲+1
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.94 in 2024; short-term debt: 75.4% and cash: 45.4% of total assets), and 91.4% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
8.6%
Return on assets
55.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 13%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
152 d late
2022
32 d late
2021
153 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€16k▲ 64.3%
2024 · €10k
Total assets
€191k▲ 60.3%
2024 · €119k
Net result
€106k▲ 250%
2024 · €30k
Working capital
€7k
2024 · €-6k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€50k€34k▼ 32.9%€54k▲ 61.0%€44k▼ 19.3%€149k▲ 240%
Net result€39k€25k▼ 35.2%€41k▲ 62.7%€30k▼ 25.9%€106k▲ 250%
Equity€49k▲ 389%€74k▲ 51.6%€10k▼ 86.5%€10k=€16k▲ 64.3%
Total assets€135k▲ 1,071%€164k▲ 21.3%€172k▲ 4.4%€119k▼ 30.5%€191k▲ 60.3%
Debt€87k▲ 5,412%€90k▲ 4.3%€162k▲ 79.1%€109k▼ 32.4%€175k▲ 60.0%
Working capital€46k▲ 360%€50k▲ 8.2%€-10k€-6k▲ 40.6%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 240% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191k
Fixed assets
€40k ▲ 121%
Current assets
€151k ▲ 49.3%
Equity and liabilities €191k
Equity
€16k ▲ 64.3%
Debt
€175k ▲ 60.0%
Debt's share of the balance-sheet total falls from 91.6% to 91.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€172k▲
2024 · €61k
Cash flow
€130k▲
2024 · €48k
Current ratio
1.05▲
2024 · 0.94
Debt to equity
10.59▼
2024 · 10.88
ROE
645.6%▲
2024 · 303.1%
ROA
55.7%▲
2024 · 25.5%
Interest coverage
74.97▼
2024 · 94.16
Debt ≤ 1 year
€144k▲
2024 · €107k
Debt > 1 year
€30k▲
2024 · €2k
Income taxes
€40k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €14k | €18k | €17k | €24k | ▲ 36.3% |
| Other operating charges640/8 | €770 | €173 | €1k | €874 | €827 | ▼ 5.4% |
| Gross operating margin9900 | €62k | €48k | €73k | €62k | €173k | ▲ 180% |
| Operating profit (loss)9901 | €50k | €34k | €54k | €44k | €149k | ▲ 240% |
| Financial income75/76B | €0 | €48 | €84 | €122 | €17 | ▼ 85.7% |
| Recurring financial income75 | €0 | €48 | €84 | €122 | €17 | ▼ 85.7% |
| Financial charges65/66B | €1k | €1k | €1k | €649 | €2k | ▲ 254% |
| Recurring financial charges65 | €1k | €1k | €1k | €649 | €2k | ▲ 254% |
| Profit (loss) for the period before taxes9903 | €49k | €32k | €53k | €43k | €146k | ▲ 239% |
| Income taxes67/77 | €10k | €7k | €12k | €13k | €40k | ▲ 214% |
| Profit (loss) for the period9904 | €39k | €25k | €41k | €30k | €106k | ▲ 250% |
| Profit (loss) for the period to be appropriated9905 | €39k | €25k | €41k | €30k | €106k | ▲ 250% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135k | €164k | €172k | €119k | €191k | ▲ 60.3% |
| Fixed assets21/28 | €57k | €53k | €36k | €18k | €40k | ▲ 121% |
| Tangible fixed assets22/27 | €57k | €53k | €36k | €18k | €40k | ▲ 121% |
| Furniture and vehicles24 | €57k | €53k | €36k | €18k | €40k | ▲ 121% |
| Current assets29/58 | €79k | €111k | €136k | €101k | €151k | ▲ 49.3% |
| Amounts receivable within one year40/41 | €7k | €95k | €52k | €12k | €63k | ▲ 442% |
| Trade receivables40 | €4k | €76k | €45k | €6k | €56k | ▲ 879% |
| Other amounts receivable41 | €4k | €20k | €7k | €6k | €7k | ▲ 17.4% |
| Cash at bank and in hand54/58 | €72k | €16k | €82k | €88k | €87k | ▼ 1.9% |
| Deferred charges and accrued income490/1 | €24 | - | €1k | €850 | €793 | ▼ 6.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135k | €164k | €172k | €119k | €191k | ▲ 60.3% |
| Equity10/15 | €49k | €74k | €10k | €10k | €16k | ▲ 64.3% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €39k | €64k | €36 | €36 | €6k | ▲ 18,128% |
| Amounts payable17/49 | €87k | €90k | €162k | €109k | €175k | ▲ 60.0% |
| Amounts payable after more than one year17 | €42k | €29k | €16k | €2k | €30k | ▲ 1,256% |
| Financial debts170/4 | €42k | €29k | €16k | €2k | €30k | ▲ 1,256% |
| Amounts payable within one year42/48 | €33k | €61k | €146k | €107k | €144k | ▲ 34.8% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €13k | €13k | €11k | ▼ 17.5% |
| Trade debts44 | €9k | €7k | €29k | €482 | €15k | ▲ 2,961% |
| Suppliers440/4 | €9k | €7k | €29k | €482 | €15k | ▲ 2,961% |
| Advances received on contracts in progress46 | - | €23k | - | - | €60k | - |
| Taxes, remuneration and social security45 | €11k | €19k | €19k | €15k | €42k | ▲ 181% |
| Taxes450/3 | €11k | €17k | €17k | €13k | €40k | ▲ 214% |
| Remuneration and social security454/9 | - | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | - | - | €85k | €78k | €16k | ▼ 79.3% |
| Accrued charges and deferred income492/3 | €12k | €20 | €14 | €8 | €1 | ▼ 85.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €25k | €41k | €30k | €106k | ▲ 250% |
| + Depreciation and write-downs630 | €12k | €14k | €18k | €17k | €24k | ▲ 36.3% |
| Operating cash flow (approximation) | €50k | €39k | €59k | €48k | €130k | ▲ 172% |
| Investment in fixed assets (approximation) | - | €-11k | €0 | €0 | €-46k | - |
| Change in cash | - | €-56k | €67k | €6k | €-2k | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2021net €106k ▲250%
Operating result €149k, net result €106k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet €25k ▼35.2%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Braine-le-Comte · 1 establishment unit since 2020
Ground area
234 m²
Building footprint
70 m²
Parcel 55302C0152/00E009, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
VICOL
since 20202.311.427.450
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302C0152/00E009 | Wallonia | 234 m² | 1 · 70 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesVICOL SRL45780
Legal Entity Identifier
6488DN5M591DJB848V84
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 5,737 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
Founded24-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43320Joinery installation
43990Other specialised construction activities
43350Other building finishing work
43422Screed work
Scores and ratios are computed by Checked and are not a credit decision.