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VIGELEC

Active
Private limited companyfounded 2002active for 24 yearsRue du Long Thier 37, 4500 Huy, BelgiumKBO/BCE: BE 0478.250.481
Summary

VIGELEC has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,260 and a net result of €9,470. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 75% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-09-2002 Normal situation
Activity
Agents in the wholesale of timber and building materials NACE 46130
Establishment unit
2.114.984.634 4500 Huy, since 27-09-2002
Financial year end
31 December
Peppol
Reachable since 21-08-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€15,918
▲ 59×
Turnover
≈ €140,000
estimated
Profit
€9,470
Equity
€91,260
▼ 5.7%
Total assets
€129,325
▲ 8.5%
Score breakdownraises riskSize: total assets €129,325lowers riskLiquidity: current ratio 3.40, cash €40,189Founded in 2002Equity €91,260 (70.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 96-4
equity 70.6% of total assets
Liquidity 77+10
short-term debt 29.4% · cash 31.1%
Profitability 56+42
return on assets 7.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.4 (5.33 in 2024), above the usual 1.5. Short-term debt is 29.4% and cash 31.1% of total assets. 29.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 75% of them on solvency, 80% on liquidity, 42% on profitability and 30% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.40, cash €40,189
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €91,260 (70.6% of total assets)
NBB · annual accounts
raises risk · Size: total assets €129,325
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
27 days late
2023
30 days late
2022
24 days late
2021
16 days late
2020
40 days early
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Changes of role: THIRY Gilles (administrateur non statutaire de société à responsabilité limitée) and THIRY François (administrateur non statutaire de société à responsabilité limitée)
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as VIGELEC: agents in the wholesale of timber and building materials (NACE 46130). They are comparable in size and age: total assets between €100,000 and €183,000, founded between 1999 and 2007.

CompanyTotal assetsGross margin
VIGELEC Huy€129,325€15,918
Immo MaWood Grez-Doiceau€157,842€17,875
BeProCo De Haan€122,464€15,629
DIMITRI MICHILS Hasselt€136,039€19,057
DENOVE Bilzen-Hoeselt€103,962€13,780
UTRERA THUISVERPLEGING Genk€100,427€23,684
DK SUPPLIES Balen€183,133€13,729
Full comparison

Key facts about VIGELEC

What is the company number of VIGELEC?
The company number of VIGELEC is 0478.250.481. The VAT number is the same number with BE in front: BE 0478.250.481.
Where is VIGELEC based?
The registered office is at Rue du Long Thier 37, 4500 Huy.Company details
What does VIGELEC do?
According to the KBO register, the main activity is agents in the wholesale of timber and building materials (NACE 46130).
What is the legal form of VIGELEC?
The legal form of VIGELEC is Private limited company (BV).
When was VIGELEC founded?
VIGELEC was founded on 03-09-2002.
Is VIGELEC still active?
Yes, VIGELEC is an active enterprise in the KBO register.
What is the turnover of VIGELEC?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €15,918 and 75 comparable companies (NACE 461). It probably lies between €62,000 and €250,000. It is a rough estimate.Financials
Is VIGELEC profitable?
In financial year 2025, VIGELEC made a profit of €9,470.
Where can I find the annual accounts of VIGELEC?
VIGELEC filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VIGELEC due?
VIGELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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