VIE
ActiveSummary
VIE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19,104 and a net result of €26,565. Equity is growing by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency58▼-21
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.78 in 2023; short-term debt: 66.5% and cash: 1.4% of total assets), and 66.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+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 · 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 2024Solvency, return and age of the figures
Solvency
33.5%
Return on assets
46.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
7 d early
2022
26 d early
2021
29 d late
← 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 5 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€19,104=
2023 · €19,104
Total assets
€57,052▲ 59.8%
2023 · €35,696
Net result
€26,565▲ 46.6%
2023 · €18,121
Working capital
€6,404▼ 47.3%
2023 · €12,143
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€18,998-€19,340▲ 1.8%€24,152▲ 24.9%€38,209▲ 58.2%
Net result€14,455within the sector's middle half-€14,280within the sector's middle half▼ 1.2%€18,121within the sector's middle half▲ 26.9%€26,565within the sector's middle half▲ 46.6%
Equity€2,555below the sector's middle half-€9,550below the sector's middle half▲ 274%€19,104within the sector's middle half▲ 100%€19,104within the sector's middle half=
Total assets€22,350below the sector's middle half-€23,575below the sector's middle half▲ 5.5%€35,696below the sector's middle half▲ 51.4%€57,052within the sector's middle half▲ 59.8%
Debt€19,794-€14,025▼ 29.1%€16,593▲ 18.3%€37,949▲ 129%
Working capital€1,723within the sector's middle half-€7,481within the sector's middle half▲ 334%€12,143within the sector's middle half▲ 62.3%€6,404within the sector's middle half▼ 47.3%
Solvency11.4%below the sector's middle half-40.5%within the sector's middle half▲ 29.1pp53.5%within the sector's middle half▲ 13.0pp33.5%within the sector's middle half▼ 20.0pp
Current ratio1.09within the sector's middle half-1.53within the sector's middle half▲ 0.451.78within the sector's middle half▲ 0.251.17within the sector's middle half▼ 0.61
Return on assets (ROA)64.7%above the sector's middle half-60.6%above the sector's middle half▼ 4.1pp50.8%above the sector's middle half▼ 9.8pp46.6%above the sector's middle half▼ 4.2pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 58% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57,052
Fixed assets
€12,700 ▲ 58.5%
Current assets
€44,352 ▲ 60.2%
Equity and liabilities €57,052
Equity
€19,104 =
Debt
€37,949 ▲ 129%
Debt's share of the balance-sheet total rises from 46.5% to 66.5%. Debt is higher.
Key figures and ratios
EBITDA
€41,882▲
2023 · €26,348
Cash flow
€30,238▲
2023 · €20,317
Debt to equity
1.99▲
2023 · 0.87
ROE
139.1%▲
2023 · 94.9%
Interest coverage
66.82▼
2023 · 76.90
Debt ≤ 1 year
€37,949▲
2023 · €15,543
Income taxes
€11,017▲
2023 · €5,688
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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%.
| 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €231 | €448 | €2,196 | €3,673 | ▲ 67.3% |
| Other operating charges640/8 | - | - | - | €103 | - |
| Gross operating margin9900 | €19,229 | €19,788 | €26,348 | €41,985 | ▲ 59.3% |
| Operating profit (loss)9901 | €18,998 | €19,340 | €24,152 | €38,209 | ▲ 58.2% |
| Financial income75/76B | €0 | - | - | - | - |
| Recurring financial income75 | €0 | - | - | - | - |
| Financial charges65/66B | €43 | €310 | €343 | €627 | ▲ 82.9% |
| Recurring financial charges65 | €43 | €310 | €343 | €627 | ▲ 82.9% |
| Profit (loss) for the period before taxes9903 | €18,955 | €19,030 | €23,809 | €37,582 | ▲ 57.8% |
| Income taxes67/77 | €4,500 | €4,750 | €5,688 | €11,017 | ▲ 93.7% |
| Profit (loss) for the period9904 | €14,455 | €14,280 | €18,121 | €26,565 | ▲ 46.6% |
| Profit (loss) for the period to be appropriated9905 | €14,455 | €14,280 | €18,121 | €26,565 | ▲ 46.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €22,350 | €23,575 | €35,696 | €57,052 | ▲ 59.8% |
| Fixed assets21/28 | €833 | €2,068 | €8,011 | €12,700 | ▲ 58.5% |
| Tangible fixed assets22/27 | €833 | €2,068 | €8,011 | €12,700 | ▲ 58.5% |
| Plant, machinery and equipment23 | €833 | €2,068 | €8,011 | €10,514 | ▲ 31.3% |
| Furniture and vehicles24 | - | - | - | €2,186 | - |
| Current assets29/58 | €21,517 | €21,506 | €27,686 | €44,352 | ▲ 60.2% |
| Stocks and contracts in progress3 | - | €180 | - | - | - |
| Stocks30/36 | - | €180 | - | - | - |
| Amounts receivable within one year40/41 | €10,881 | €13,955 | €23,660 | €42,900 | ▲ 81.3% |
| Trade receivables40 | - | - | €8,506 | €9,633 | ▲ 13.2% |
| Other amounts receivable41 | €10,881 | €13,955 | €15,154 | €33,267 | ▲ 120% |
| Cash at bank and in hand54/58 | €10,636 | €7,115 | €3,387 | €812 | ▼ 76.0% |
| Deferred charges and accrued income490/1 | - | €256 | €638 | €641 | ▲ 0.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €22,350 | €23,575 | €35,696 | €57,052 | ▲ 59.8% |
| Equity10/15 | €2,555 | €9,550 | €19,104 | €19,104 | = |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €55 | €7,050 | €16,604 | €16,604 | = |
| Amounts payable17/49 | €19,794 | €14,025 | €16,593 | €37,949 | ▲ 129% |
| Amounts payable after more than one year17 | - | - | €1,050 | - | - |
| Financial debts170/4 | - | - | €1,050 | - | - |
| Amounts payable within one year42/48 | €19,794 | €14,025 | €15,543 | €37,949 | ▲ 144% |
| Current portion of amounts payable after more than one year42 | - | - | €1,481 | €2,774 | ▲ 87.3% |
| Trade debts44 | - | €2,416 | €1,024 | - | - |
| Suppliers440/4 | - | €2,416 | €1,024 | - | - |
| Taxes, remuneration and social security45 | €5,394 | €688 | €4,470 | €12,595 | ▲ 182% |
| Taxes450/3 | €5,394 | €688 | €2,720 | €12,595 | ▲ 363% |
| Remuneration and social security454/9 | - | - | €1,750 | - | - |
| Other amounts payable47/48 | €14,400 | €10,921 | €8,568 | €22,580 | ▲ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,455 | €14,280 | €18,121 | €26,565 | ▲ 46.6% |
| + Depreciation and write-downs630 | €231 | €448 | €2,196 | €3,673 | ▲ 67.3% |
| Operating cash flow (approximation) | €14,686 | €14,728 | €20,317 | €30,238 | ▲ 48.8% |
| Investment in fixed assets (approximation) | - | -€1,684 | -€8,138 | -€8,362 | ▼ 2.8% |
| Change in cash | - | -€3,520 | -€3,728 | -€2,575 | ▲ 30.9% |
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
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2021net €26,565 ▲46.6%
Operating result €38,209, net result €26,565, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €14,280 ▼1.2%
Net result drops to €14,280, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 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, Tervuren · 1 establishment unit since 2021
Ground area
335 m²
Building footprint
140 m²
Volume, LiDAR
1,130 m³
Parcel 24023A0140/00M002, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VIE
since 20212.316.514.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24023A0140/00M002 | Flanders | 335 m² | 1 · 140 m² | 11.3 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 · 720 EUR awarded · 720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 720 EUR | 720 EUR |
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Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,570 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
Founded26-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
47120Other non-specialised retail sale
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74301Translation services
82300Organisation of conventions and trade shows
82990Other business support services
Contact
Phone
0495677109Tervuren
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767509332
Also
9925:BE0767509332
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.