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Vidi - Square AV Solutions

Active
Public limited companyfounded 199729 yrs activeWalemstraat 84, 2570 Duffel, BelgiumKBO/BCE: BE 0460.452.268

Vidi - Square AV Solutions has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €667k and a net result of €32k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
76 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-1
Solvency80▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.8 in 2023; short-term debt: 36.3% and cash: 31.4% of total assets), and 45% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 29 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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
not confirmed
2024
31 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
153 d late
← before the deadline after the 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 2024, abbreviated schema

Equity
€667k▲ 5.0%
2023 · €635k
2018: €908k 2019: €242k 2020: €20k 2021: €376k 2022: €597k 2023: €635k
2018 → 2024
Total assets
€1.21M▲ 7.5%
2023 · €1.13M
2018: €2.57M 2019: €2.46M 2020: €1.61M 2021: €1.67M 2022: €1.28M 2023: €1.13M
2018 → 2024
Net result
€32k▼ 15.2%
2023 · €38k
2018: €91k 2019: €109k 2020: €-222k 2021: €356k 2022: €222k 2023: €38k
2018 → 2024
Working capital
€500k▼ 13.5%
2023 · €578k
2018: €734k 2019: €104k 2020: €-26k 2021: €717k 2022: €574k 2023: €578k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€20k-€376k▲ 1,779%€597k▲ 59.0%€635k▲ 6.3%€667k▲ 5.0%
Operating result€-194k-€354k€282k▼ 20.1%€63k▼ 77.8%€94k▲ 50.5%
Net result€-222k-€356k€222k▼ 37.7%€38k▼ 82.9%€32k▼ 15.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0€200k€400kOperating result 2020: €-194k€-194kNet result 2020: €-222k€-222kOperating result 2021: €354k€354kNet result 2021: €356k€356kOperating result 2022: €282k€282kNet result 2022: €222k€222kOperating result 2023: €63k€63kNet result 2023: €38k€38kOperating result 2024: €94k€94kNet result 2024: €32k€32k20202021202220232024
The operating result recovers in 2024; 2024 is 51% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.21M
Fixed assets €274k▲ 18.5%
Current assets €940k▲ 4.6%
Equity and liabilities €1.21M
Equity €667k▲ 5.0%
Debt €547k▲ 10.6%
The debt ratio rises from 43.8% to 45.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€197k
2023 · €172k
Cash flow
€135k
2023 · €147k
Solvency
55.0%
2023 · 56.2%
Current ratio
2.14
2023 · 2.80
Quick ratio
2.14
2023 · 2.80
Debt / equity
0.82
2023 · 0.78
ROE
4.8%
2023 · 6.0%
ROA
2.6%
2023 · 3.3%
Interest coverage
20.25
2023 · 12.83
Debt
€547k
2023 · €494k
Debt ≤ 1 year
€440k
2023 · €321k
Debt > 1 year
€107k
2023 · €86k
Income taxes
€57k
2023 · €15k
Staff costs
€845k
2023 · €834k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.13M€1.21M
Fixed assets21/28€231k€274k
Tangible fixed assets22/27€220k€263k
Plant, machinery and equipment23€80k€76k
Furniture and vehicles24€117k€156k
Other tangible fixed assets26€23k€31k
Financial fixed assets28€11k€11k=
Current assets29/58€899k€940k
Amounts receivable within one year40/41€445k€523k
Trade receivables40€434k€302k
Other amounts receivable41€11k€222k
Cash at bank and in hand54/58€400k€381k
Deferred charges and accrued income490/1€54k€36k
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.21M
Equity10/15€635k€667k
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€525k€557k
Amounts payable17/49€494k€547k
Amounts payable after more than one year17€86k€107k
Financial debts170/4€86k€107k
Amounts payable within one year42/48€321k€440k
Current portion of amounts payable after more than one year42€87k€49k
Trade debts44€116k€256k
Suppliers440/4€116k€256k
Taxes, remuneration and social security45€118k€136k
Taxes450/3€2k€16k
Remuneration and social security454/9€116k€120k
Accrued charges and deferred income492/3€88k€33
Income statement Code20232024
Remuneration, social security and pensions62€834k€845k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€103k
Other operating charges640/8€20k€22k
Non-recurring operating charges66A€1k-
Gross operating margin9900€1.03M€1.06M
Operating profit (loss)9901€63k€94k
Financial income75/76B€3k€5k
Recurring financial income75€3k€3k
Non-recurring financial income76B-€1k
Financial charges65/66B€13k€10k
Recurring financial charges65€13k€10k
Profit (loss) for the period before taxes9903€53k€89k
Income taxes67/77€15k€57k
Profit (loss) for the period9904€38k€32k
Profit (loss) for the period to be appropriated9905€38k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€525k€557k
Profit (loss) brought forward from the previous period14P€487k€525k
Social balance
Average headcount (FTE)908715.816.0

The notes to these accounts (17 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

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial Equity above €500kEq €597k ▲59%
2 profitable years in a row build equity to €597k.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Back to profitnet €356k
Net result €356k after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.06
Current ratio from 0.97 to 2.06; short-term debt falls from €746k to €677k.
31-12
Financial Equity above €200kEq €376k ▲1779%
Equity rises from €20k to €376k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Weakest financial yearnet €-222k ▼305%
Net result drops to €-222k, the lowest in the series; recovery starts the following year.
31-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 153 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-01-2014 Resigned as Director
15-01-2014 Resigned as Managing director
Location & real-estate footprint
Registered office, Duffel · 1 establishment unit since 1999
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 842570 Duffel
Ground area
4.8 ha
Building footprint
4,893 m²
Parcel 12009E0644/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Walemstraat 84A, 2570 Duffel
NACE 5143002
since 19992.081.517.258
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12009E0644/00B000 Flanders 4.8 ha 2 · 4,893 m² -
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.

Structure & network

Connections & network

4 connected companies
BAEREND, Shared address BBAERENDSTRUCTUUR, Shared address SSTRUCTUURVIDI - GROUP, Shared address V-VIDI - GROUPVidi - Square AV Integration, Shared address V-Vidi - SquareAV IntegrationVidi - Square AV Solutions Vidi -Square …ions0460.452.268
Shared address / shareholder
Network connections
BAEREND
Shared address
STRUCTUUR
Shared address
VIDI - GROUP
Shared address

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 52,754 EUR awarded · 52,246 EUR paid
Year Entries awardedpaid
2025 1 2,485 EUR2,149 EUR
2024 1 832 EUR768 EUR
2023 1 687 EUR579 EUR
2022 1 48,750 EUR48,750 EUR
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
1 entry · 48,750 EUR · 48,750 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 4,004 EUR · 3,496 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 517 companies in sector 77222 we hold annual accounts for 165. 107 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded14-04-1997
Fiscal year end31-12
Activities, NACEBEL
71403
77222Rental and leasing activities
90393Specialised image, lighting and sound technical services
92313
46431Wholesale of electrical household appliances and audio-video equipment
52720
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.