VIGELEC
ActiveVIGELEC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €9k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+42
Solvency96▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.4 against 5.33 in 2024; short-term debt: 29.4% and cash: 31.1% of total assets), and 29.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.6%
Return on assets
7.3%
Age of the figures
9 mo
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 filingsDeviation from the deadline
2025
28 d early
2024
27 d late
2023
30 d late
2022
24 d late
2021
16 d late
2020
40 d early
2019
14 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2024 · €-4k
2018: €11k
2019: €23k
2020: €48k
2021: €24k
2022: €33k
2023: €45k
2024: €-4k
2018 → 2025
Working capital
€91k▼ 5.7%
2024 · €97k
2018: €-7k
2019: €9k
2020: €18k
2021: €40k
2022: €78k
2023: €101k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€83k▲ 66.3%€101k▲ 22.5%€97k▼ 4.2%€91k▼ 5.7%
Operating result€30k-€46k▲ 56.1%€57k▲ 23.6%€-2k€14k
Net result€24k-€33k▲ 37.6%€45k▲ 37.0%€-4k€9k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €129k
Equity
€91k▼ 5.7%
Debt
€38k▲ 70.2%
The debt ratio rises from 18.8% to 29.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
70.6%▼
2024 · 81.2%
Current ratio
3.40▼
2024 · 5.33
Quick ratio
3.40▼
2024 · 5.33
Debt / equity
0.42▲
2024 · 0.23
ROE
10.4%▲
2024 · -4.4%
ROA
7.3%▲
2024 · -3.6%
Debt
€38k▲
2024 · €22k
Debt ≤ 1 year
€38k▲
2024 · €22k
Income taxes
€5k▲
2024 · €3k
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€119k€129k▲
Current assets29/58€119k€129k▲
Amounts receivable within one year40/41€97k€89k▼
Trade receivables40€51k€47k▼
Other amounts receivable41€46k€42k▼
Cash at bank and in hand54/58€22k€40k▲
Deferred charges and accrued income490/1€160€85▼
Equity and liabilities
Total equity and liabilities10/49€119k€129k▲
Equity10/15€97k€91k▼
Reserves13€28k€37k▲
Distributable reserves133€28k€37k▲
Profit (loss) carried forward14€69k€54k▼
Amounts payable17/49€22k€38k▲
Amounts payable within one year42/48€22k€38k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€18k€17k▼
Taxes450/3€18k€17k▼
Other amounts payable47/48-€14k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204-
Other operating charges640/8€2k€2k▼
Gross operating margin9900€268€16k▲
Operating profit (loss)9901€-2k€14k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€222€211▼
Recurring financial charges65€222€211▼
Profit (loss) for the period before taxes9903€-2k€14k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€-4k€9k▲
Profit (loss) for the period to be appropriated9905€-4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€79k▲
Profit (loss) brought forward from the previous period14P€74k€69k▼
Transfer to equity691/2-€9k
To the legal reserve6920-€9k
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-4k ▼109%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €100kEq €101k ▲22.5%
6 profitable years in a row build equity to €101k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 14.17
Current ratio from 4.17 to 14.17; short-term debt falls from €13k to €6k.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.17
Current ratio from 1.35 to 4.17; short-term debt falls from €51k to €13k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €48k ▲109%
Operating result €62k, net result €48k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Huy · 1 establishment unit since 2002
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.
Rue du Long Thier 374500 HuyGround area
1.1 ha
Building footprint
252 m²
Volume, LiDAR
1,694 m³
Parcel 61031B0520/00K000, Wallonia · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Long Thier 37, 4500 Huy
since 20022.114.984.634
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61031B0520/00K000 | Wallonia | 1.1 ha | 1 · 252 m² | 10.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
GIERTS-VANHAREN
BE 0881.860.553
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BeProCo
BE 0876.693.918
De Haan · Eq €90k
RvR CONSULTING
BE 0864.850.218
Bilzen-Hoeselt · Eq €90k
BENELEX
BE 0825.480.094
Elsene · Eq €92k
GABLOK Belgium
BE 0792.627.283
Thimister-Clermont · Eq €93k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2002
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.