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VICUS

Active
Private limited company (pre-2019)founded 200818 yrs activeWaldergasse, Dürler 7, 4790 Burg-Reuland, BelgiumKBO/BCE: BE 0806.481.853
Summary

VICUS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€132,406) and a net result of €28,320. Equity is shrinking by ~4.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+43
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.03 in 2024; short-term debt: 156.9% and cash: 4% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-121.9%
Return on assets
26.1%
Age of the figures
9 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
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
32 d late
2023
30 d late
2022
24 d late
2021
30 d late
2020
31 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

VICUS was incorporated on 17 September 2008.1 Total assets fell from EUR 208,484 in 2018 to EUR 108,597 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28,320
2024 · -€4,420
Working capital
-€162,754▲ 20.0%
2024 · -€203,351
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-€5,039▲ 29.2%-€2,324▲ 53.9%-€1,319▲ 43.3%-€2,015▼ 52.8%€30,157
Net result-€8,674▲ 22.3%-€5,620▲ 35.2%-€4,160▲ 26.0%-€4,420▼ 6.2%€28,320
Equity-€146,527▼ 6.3%-€152,146▼ 3.8%-€156,307▼ 2.7%-€160,726▼ 2.8%-€132,406▲ 17.6%
Total assets€163,451▼ 8.7%€151,017▼ 7.6%€139,300▼ 7.8%€128,595▼ 7.7%€108,597▼ 15.6%
Debt€309,977▼ 2.2%€303,163▼ 2.2%€295,607▼ 2.5%€289,322▼ 2.1%€241,003▼ 16.7%
Working capital-€204,308▼ 0.3%-€204,954▼ 0.3%-€203,131▲ 0.9%-€203,351▼ 0.1%-€162,754▲ 20.0%
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: -€5,039-€5,039Net result 2021: -€8,674-€8,674Operating result 2022: -€2,324-€2,324Net result 2022: -€5,620-€5,620Operating result 2023: -€1,319-€1,319Net result 2023: -€4,160-€4,160Operating result 2024: -€2,015-€2,015Net result 2024: -€4,420-€4,420Operating result 2025: €30,157€30,157Net result 2025: €28,320€28,32020212022202320242025-€10,000€0€10,000€20,000€30,000Operating result 2023: -€1,319-€1,320Net result 2023: -€4,160-€4,160Operating result 2024: -€2,015-€2,010Net result 2024: -€4,420-€4,420Operating result 2025: €30,157€30,200Net result 2025: €28,320€28,300202320242025
The operating result returns to profit in 2025: €30,157 after a loss of €2,015 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €108,597
Fixed assets €101,010 ▼ 17.4%
Current assets €7,587 ▲ 21.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,525▲
2024 · €12,360
Cash flow
€42,689▲
2024 · €9,955
Solvency
-121.9%▲
2024 · -125.0%
Current ratio
0.04▲
2024 · 0.03
Debt to equity
-1.82▼
2024 · -1.80
ROA
26.1%▲
2024 · -3.4%
Interest coverage
22.97▲
2024 · 5.13
Debt ≤ 1 year
€170,341▼
2024 · €209,619
Debt > 1 year
€70,663▼
2024 · €79,703
Income taxes
€5▲
2024 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
4.9% stopped otherwise
92% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€128,595€108,597▼
Fixed assets21/28€122,327€101,010▼
Tangible fixed assets22/27€122,327€101,010▼
Land and buildings22€118,778€98,157▼
Plant, machinery and equipment23€3,550€2,853▼
Current assets29/58€6,268€7,587▲
Amounts receivable within one year40/41€2,500€2,500=
Trade receivables40€2,500€2,500=
Cash at bank and in hand54/58€3,032€4,311▲
Deferred charges and accrued income490/1€735€776▲
Equity and liabilities
Total equity and liabilities10/49€128,595€108,597▼
Equity10/15-€160,726-€132,406▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€179,326-€151,006▲
Amounts payable17/49€289,322€241,003▼
Amounts payable after more than one year17€79,703€70,663▼
Financial debts170/4€27,003€17,963▼
Other amounts payable178/9€52,700€52,700=
Amounts payable within one year42/48€209,619€170,341▼
Current portion of amounts payable after more than one year42€8,542€9,040▲
Trade debts44€0€124▲
Suppliers440/4€0€124▲
Other amounts payable47/48€201,077€161,177▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€10,899-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,375€14,369=
Other operating charges640/8€2,094€2,164▲
Gross operating margin9900€14,454€46,690▲
Operating profit (loss)9901-€2,015€30,157▲
Financial income75/76B€7€107▲
Recurring financial income75€7€107▲
Financial charges65/66B€2,411€1,938▼
Recurring financial charges65€2,411€1,938▼
Profit (loss) for the period before taxes9903-€4,419€28,325▲
Income taxes67/77€1€5▲
Profit (loss) for the period9904-€4,420€28,320▲
Profit (loss) for the period to be appropriated9905-€4,420€28,320▲
Appropriation of the result
Profit (loss) to be appropriated9906-€179,326-€151,006▲
Profit (loss) brought forward from the previous period14P-€174,907-€179,326▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61€6,203€3,934-€10,899--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,280€15,286€14,048€14,375€14,369=
Other operating charges640/8€1,790€1,829€2,021€2,094€2,164▲ 3.4%
Gross operating margin9900€12,031€14,791€14,750€14,454€46,690▲ 223%
Operating profit (loss)9901-€5,039-€2,324-€1,319-€2,015€30,157▲ 1,597%
Financial income75/76B-€0-€7€107▲ 1,456%
Recurring financial income75-€0-€7€107▲ 1,456%
Financial charges65/66B€3,634€3,296€2,841€2,411€1,938▼ 19.6%
Recurring financial charges65€3,634€3,296€2,841€2,411€1,938▼ 19.6%
Profit (loss) for the period before taxes9903-€8,674-€5,620-€4,160-€4,419€28,325▲ 741%
Income taxes67/77---€1€5▲ 465%
Profit (loss) for the period9904-€8,674-€5,620-€4,160-€4,420€28,320▲ 741%
Profit (loss) for the period to be appropriated9905-€8,674-€5,620-€4,160-€4,420€28,320▲ 741%
Line20212022202320242025Change
Assets
Total assets20/58€163,451€151,017€139,300€128,595€108,597▼ 15.6%
Fixed assets21/28€161,719€149,117€135,069€122,327€101,010▼ 17.4%
Tangible fixed assets22/27€161,719€149,117€135,069€122,327€101,010▼ 17.4%
Land and buildings22€161,110€146,121€132,450€118,778€98,157▼ 17.4%
Plant, machinery and equipment23€608€2,996€2,619€3,550€2,853▼ 19.6%
Current assets29/58€1,732€1,899€4,231€6,268€7,587▲ 21.0%
Amounts receivable within one year40/41€1,000€1,000€2,500€2,500€2,500=
Trade receivables40€1,000€1,000€2,500€2,500€2,500=
Cash at bank and in hand54/58€17€107€999€3,032€4,311▲ 42.2%
Deferred charges and accrued income490/1€714€793€732€735€776▲ 5.6%
Equity and liabilities
Total equity and liabilities10/49€163,451€151,017€139,300€128,595€108,597▼ 15.6%
Equity10/15-€146,527-€152,146-€156,307-€160,726-€132,406▲ 17.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€165,127-€170,746-€174,907-€179,326-€151,006▲ 15.8%
Amounts payable17/49€309,977€303,163€295,607€289,322€241,003▼ 16.7%
Amounts payable after more than one year17€103,937€96,310€88,245€79,703€70,663▼ 11.3%
Financial debts170/4€51,237€43,610€35,545€27,003€17,963▼ 33.5%
Other amounts payable178/9€52,700€52,700€52,700€52,700€52,700=
Amounts payable within one year42/48€206,040€206,853€207,362€209,619€170,341▼ 18.7%
Current portion of amounts payable after more than one year42€7,207€7,628€8,065€8,542€9,040▲ 5.8%
Trade debts44€55€49€120€0€124-
Suppliers440/4€55€49€120€0€124-
Other amounts payable47/48€198,777€199,177€199,177€201,077€161,177▼ 19.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€8,674-€5,620-€4,160-€4,420€28,320▲ 741%
+ Depreciation and write-downs630€15,280€15,286€14,048€14,375€14,369=
Operating cash flow (approximation)€6,606€9,667€9,888€9,955€42,689▲ 329%
Investment in fixed assets (approximation)--€2,685€0-€1,634€6,948▲ 525%
Change in cash-€89€893€2,033€1,278▼ 37.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €28,320
Net result €28,320 after 7 loss-making years.
01-09
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema · 32 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 30 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema · 24 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema · 31 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Burg-Reuland · 1 establishment unit since 2008
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.

Waldergasse, Dürler 74790 Burg-Reuland
1 establishment unit
VICUS
Waldergasse, Dürler 7, 4790 Burg-ReulandReal estate activities
since 20082.174.404.260

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded17-09-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.