ViGi
ActiveThe computed 12-month bankruptcy probability of ViGi is 2.9% (moderate). The 2024 annual accounts show equity of €7k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 1632 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-73
Solvency44▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.89 against 0.85 in 2023; short-term debt: 81.2% and cash: 9.9% of total assets), and 81.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
18.8%
Return on assets
-8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1632 sector peers (2024).
NBB · sector comparisonPosition among 1632 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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
46 d late
2023
30 d late
2022
66 d late
2021
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 29.9%
2023 · €10k
2021: €1k
2022: €17k
2023: €10k
2021 → 2024
Total assets
€38k▼ 20.9%
2023 · €48k
2021: €43k
2022: €57k
2023: €48k
2021 → 2024
Net result
€-3k
2023 · €10k
2021: €9k
2022: €16k
2023: €10k
2021 → 2024
Working capital
€-4k▲ 39.1%
2023 · €-6k
2021: €-6k
2022: €13k
2023: €-6k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€1k-€17k▲ 1,244%€10k▼ 40.9%€7k▼ 29.9%
Operating result€12k-€23k▲ 92.1%€18k▼ 22.0%€1k▼ 94.1%
Net result€9k-€16k▲ 81.2%€10k▼ 37.1%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 94% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€11k▼ 33.2%
Current assets
€28k▼ 14.9%
Equity and liabilities €38k
Equity
€7k▼ 29.9%
Debt
€31k▼ 18.5%
The debt ratio rises from 78.8% to 81.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2023 · €24k
Cash flow
€2k▼
2023 · €16k
Solvency
18.8%▼
2023 · 21.2%
Current ratio
0.89▲
2023 · 0.85
Quick ratio
0.63▼
2023 · 0.64
Debt / equity
4.32▲
2023 · 3.72
ROE
-42.6%▼
2023 · 98.4%
ROA
-8.0%▼
2023 · 20.9%
Interest coverage
1.63▼
2023 · 7.27
Debt
€31k▼
2023 · €38k
Debt ≤ 1 year
€31k▼
2023 · €38k
Income taxes
€231▼
2023 · €5k
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€48k€38k▼
Fixed assets21/28€16k€11k▼
Tangible fixed assets22/27€16k€11k▼
Plant, machinery and equipment23€750€173▼
Leasing and similar rights25€9k€5k▼
Other tangible fixed assets26€6k€6k▼
Current assets29/58€32k€28k▼
Stocks and contracts in progress3€8k€8k=
Stocks30/36€8k€8k=
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€8k€10k▲
Other amounts receivable41€1k€626▼
Cash at bank and in hand54/58€14k€4k▼
Deferred charges and accrued income490/1€768€5k▲
Equity and liabilities
Total equity and liabilities10/49€48k€38k▼
Equity10/15€10k€7k▼
Contributions10/11€1k€1k=
Reserves13€9k€9k=
Distributable reserves133€9k€9k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€38k€31k▼
Amounts payable within one year42/48€38k€31k▼
Current portion of amounts payable after more than one year42€12k€12k=
Trade debts44€10k€4k▼
Suppliers440/4€10k€4k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€11k€5k▼
Other amounts payable47/48€5k€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€2k€770▼
Gross operating margin9900€26k€7k▼
Operating profit (loss)9901€18k€1k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€15k€-3k▼
Income taxes67/77€5k€231▼
Profit (loss) for the period9904€10k€-3k▼
Profit (loss) for the period to be appropriated9905€10k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-3k▼
Transfer from equity791/2€16k-
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€17k-
Return on contributions (dividend)694€17k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Weakest financial yearnet €-3k ▼130%
Net result drops to €-3k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Highest result since 2021net €16k ▲81.2%
Operating result €23k, net result €16k, both a record.
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.
Directors · office · real estate
Directors
2 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, Stabroek · 1 establishment unit since 2021
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.
Sint Hubertusstraat 42940 StabroekGround area
251 m²
Building footprint
97 m²
Volume, LiDAR
703 m³
Parcel 11020I0559/00G004, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ViGi
since 20212.313.703.386
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0559/00G004 | Flanders | 251 m² | 1 · 97 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
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LWS Technics
BE 0698.981.406
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HELL THERMIC
BE 0471.366.550
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TOP MEN
BE 0544.923.432
Vilvoorde · Eq €8k
Of 887 companies in sector 33110 we hold annual accounts for 440. 172 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2021
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.