Vicon
ActiveSummary
Vicon has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€152,767) and a net result of -€55,751. Equity is shrinking by ~75.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.09 in 2024; cash: 17.6% of total assets), and equity is negative.
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Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Return on assets
-366.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€152,767
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
95 d early
2024
16 d early
2023
29 d early
2022
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€152,767▼ 57.5%
2024 · -€97,016
Total assets
€15,229▲ 0.1%
2024 · €15,212
Net result
-€55,751▼ 18.0%
2024 · -€47,257
Working capital
-€161,049▼ 57.3%
2024 · -€102,363
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
Line2022202320242025
Operating result€10,969--€62,586-€46,921▲ 25.0%-€55,409▼ 18.1%
Net result€8,183--€62,942-€47,257▲ 24.9%-€55,751▼ 18.0%
Equity€13,183--€49,759-€97,016▼ 95.0%-€152,767▼ 57.5%
Total assets€35,589-€9,387▼ 73.6%€15,212▲ 62.1%€15,229▲ 0.1%
Debt€22,406-€59,145▲ 164%€112,228▲ 89.7%€167,996▲ 49.7%
Working capital€9,069--€53,348-€102,363▼ 91.9%-€161,049▼ 57.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €55,409 in 2025 against €46,921 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,229
Fixed assets
€8,282 ▲ 54.9%
Current assets
€6,948 ▼ 29.6%
Key figures and ratios
EBITDA
-€53,843▼
2024 · -€46,068
Cash flow
-€54,186▼
2024 · -€46,405
Current ratio
0.04▼
2024 · 0.09
Debt to equity
-1.10▲
2024 · -1.16
ROA
-366.1%▼
2024 · -310.7%
Interest coverage
-367.68▼
2024 · -287.42
Debt ≤ 1 year
€167,996▲
2024 · €112,228
Income taxes
€196▲
2024 · €176
A ratio outside any meaningful range has been withheld (balance sheet total €15,229, equity -€152,767).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €306 | €524 | €852 | €1,566 | ▲ 83.7% |
| Other operating charges640/8 | €752 | €493 | €565 | €550 | ▼ 2.8% |
| Gross operating margin9900 | €12,026 | -€61,569 | -€45,503 | -€53,293 | ▼ 17.1% |
| Operating profit (loss)9901 | €10,969 | -€62,586 | -€46,921 | -€55,409 | ▼ 18.1% |
| Financial charges65/66B | €110 | €133 | €160 | €146 | ▼ 8.6% |
| Recurring financial charges65 | €110 | €133 | €160 | €146 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €10,858 | -€62,719 | -€47,081 | -€55,555 | ▼ 18.0% |
| Income taxes67/77 | €2,675 | €222 | €176 | €196 | ▲ 11.6% |
| Profit (loss) for the period9904 | €8,183 | -€62,942 | -€47,257 | -€55,751 | ▼ 18.0% |
| Profit (loss) for the period to be appropriated9905 | €8,183 | -€62,942 | -€47,257 | -€55,751 | ▼ 18.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €35,589 | €9,387 | €15,212 | €15,229 | ▲ 0.1% |
| Fixed assets21/28 | €4,114 | €3,590 | €5,348 | €8,282 | ▲ 54.9% |
| Intangible fixed assets21 | - | - | €2,282 | €5,740 | ▲ 152% |
| Tangible fixed assets22/27 | €2,314 | €1,790 | €1,266 | €742 | ▼ 41.4% |
| Furniture and vehicles24 | €2,314 | €1,790 | €1,266 | €742 | ▼ 41.4% |
| Financial fixed assets28 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Current assets29/58 | €31,475 | €5,797 | €9,865 | €6,948 | ▼ 29.6% |
| Amounts receivable within one year40/41 | €11,979 | €4,177 | €8,412 | €2,390 | ▼ 71.6% |
| Trade receivables40 | €11,979 | €0 | - | €1,264 | - |
| Other amounts receivable41 | - | €4,177 | €8,412 | €1,126 | ▼ 86.6% |
| Cash at bank and in hand54/58 | €19,132 | €1,275 | €383 | €2,683 | ▲ 601% |
| Deferred charges and accrued income490/1 | €365 | €345 | €1,070 | €1,875 | ▲ 75.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €35,589 | €9,387 | €15,212 | €15,229 | ▲ 0.1% |
| Equity10/15 | €13,183 | -€49,759 | -€97,016 | -€152,767 | ▼ 57.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €8,183 | -€54,759 | -€102,016 | -€157,767 | ▼ 54.6% |
| Amounts payable17/49 | €22,406 | €59,145 | €112,228 | €167,996 | ▲ 49.7% |
| Amounts payable within one year42/48 | €22,406 | €59,145 | €112,228 | €167,996 | ▲ 49.7% |
| Trade debts44 | €3,647 | €4,274 | €2,482 | €3,313 | ▲ 33.5% |
| Suppliers440/4 | €3,647 | €4,274 | €2,482 | €3,313 | ▲ 33.5% |
| Taxes, remuneration and social security45 | €5,567 | €2,898 | €176 | €196 | ▲ 11.6% |
| Taxes450/3 | €5,567 | €2,898 | €176 | €196 | ▲ 11.6% |
| Other amounts payable47/48 | €13,192 | €51,973 | €109,570 | €164,487 | ▲ 50.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,183 | -€62,942 | -€47,257 | -€55,751 | ▼ 18.0% |
| + Depreciation and write-downs630 | €306 | €524 | €852 | €1,566 | ▲ 83.7% |
| Operating cash flow (approximation) | €8,489 | -€62,418 | -€46,405 | -€54,186 | ▼ 16.8% |
| Investment in fixed assets (approximation) | - | €0 | -€2,610 | -€4,500 | ▼ 72.4% |
| Change in cash | - | -€17,856 | -€893 | €2,300 | ▲ 358% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€62,942
Net result drops to -€62,942, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Mechelen · 1 establishment unit since 2022
Ground area
449 m²
Building footprint
210 m²
Volume, LiDAR
1,767 m³
Parcel 12025B0391/00C000, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Vicon
since 20222.331.325.417
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025B0391/00C000 | Flanders | 449 m² | 1 · 209 m² | 15.0 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 976 EUR awarded · 976 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 976 EUR | 976 EUR |
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,563. 3,379 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
Founded10-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.