Viegas-Defrancq
ActiveViegas-Defrancq has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €30k. Equity is shrinking by ~15.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 27% of 17638 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy▲ +46 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+88
Solvency17▼-26
Growth42▲+16
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.93 in 2024), and 93.1% 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 risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
40 d late
2023
62 d early
2022
48 d early
2021
7 d early
2020
1 d late
2019
16 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€50k▼ 8.9%
2024 · €55k
2021: €67k
2022: €45k
2023: €96k
2024: €55k
2021 → 2025
EBIT margin
58.9%▲ 60.5pp
2024 · -1.6%
2021: -7.7%
2022: -59.3%
2023: 15.4%
2024: -1.6%
2021 → 2025
Net result
€30k
2024 · €-4
2019: €22k
2020: €-46k
2021: €-51k
2022: €-18k
2023: €15k
2024: €-4
2019 → 2025
Working capital
€13k
2024 · €-15k
2019: €77k
2020: €-14k
2021: €-19k
2022: €-34k
2023: €-14k
2024: €-15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€67k-€45k▼ 32.2%€96k▲ 112%€55k▼ 42.4%€50k▼ 8.9%
Equity€-10k-€-29k▼ 178%€-14k▲ 51.4%€-14k=€16k
Operating result€-5k-€-27k▼ 425%€15k€-871€30k
Net result€-51k-€-18k▲ 64.3%€15k€-4€30k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €30k after a loss of €871 in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€3k▲ 144%
Current assets
€232k▲ 21.1%
Equity and liabilities €235k
Equity
€16k
Debt
€219k
Debt finances 93.1% of the balance-sheet total.
Key figures and ratios
Solvency
6.9%▲
2024 · -7.2%
Current ratio
1.06▲
2024 · 0.93
Quick ratio
0.81▲
2024 · 0.68
Debt / equity
13.57▲
2024 · -14.85
ROE
186.2%▲
2024 · 0.0%
ROA
12.8%▲
2024 · 0.0%
Debt
€219k▲
2024 · €207k
Debt ≤ 1 year
€219k▲
2024 · €207k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€193k€235k▲
Formation expenses20-€105
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27€1k€3k▲
Furniture and vehicles24€1k€3k▲
Current assets29/58€191k€232k▲
Stocks and contracts in progress3€52k€55k▲
Stocks30/36€52k€55k▲
Amounts receivable within one year40/41€5k€15k▲
Trade receivables40€2k€8k▲
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€132k€150k▲
Deferred charges and accrued income490/1€3k€12k▲
Equity and liabilities
Total equity and liabilities10/49€193k€235k▲
Equity10/15€-14k€16k▲
Contributions10/11€12k€12k=
Reserves13€29k€29k=
Non-distributable reserves130/1€2k€29k▲
Reserves not available under the articles1311€2k€29k▲
Distributable reserves133€27k-
Profit (loss) carried forward14€-55k€-25k▲
Amounts payable17/49€207k€219k▲
Amounts payable within one year42/48€207k€219k▲
Trade debts44€803€953▲
Suppliers440/4€803€953▲
Taxes, remuneration and social security45-€12k
Taxes450/3-€12k
Other amounts payable47/48€206k€206k▲
Income statement
Code20242025
Turnover70€55k€50k▼
Goods, raw materials, services and sundry goods60/61€22k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€32k-
Other operating charges640/8€217€392▲
Gross operating margin9900€33k€30k▼
Operating profit (loss)9901€-871€30k▲
Financial income75/76B€1k€308▼
Recurring financial income75€1k€308▼
Financial charges65/66B-€18
Recurring financial charges65-€18
Profit (loss) for the period before taxes9903€159€30k▲
Income taxes67/77€163-
Profit (loss) for the period9904€-4€30k▲
Profit (loss) for the period to be appropriated9905€-4€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-25k▲
Profit (loss) brought forward from the previous period14P€-55k€-55k=
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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Of 1,268 companies in sector 47690 we hold annual accounts for 412. 243 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2008
Fiscal year end30-06
Activities, NACEBEL
47594Retail trade
47690Retail sale of other cultural and recreation goods
55100Hotels and similar accommodation
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90202Performing arts by artistic ensembles
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.