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VIGO

Active
Public limited companyfounded 199135 yrs activeBiezeweg 13, 9230 Wetteren, BelgiumKBO/BCE: BE 0444.471.717
Summary

VIGO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.9m and a net result of €8.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 118 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysis Watch Report Compare
VIGOActiveChecked score 58/100
Risk analysis Report Compare

Checked score

Score 2025
58 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-5
Solvency41=
Growth71▲+14
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 0.89 in 2024; short-term debt: 53.1% and cash: 2.6% of total assets), and 84% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16%
Return on assets
12.1%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 118 sector peers (2025).
NBB · sector comparison
Position among 118 sector peers
Solvency
better than 18%
← weakest strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
38 d early
2023
37 d early
2022
33 d early
2021
54 d early
2020
60 d early
2019
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VIGO was incorporated on 12 June 1991.1 Between 2004 and 2025 the company absorbed 11 companies by merger, including DEMOLDER ORTHOS and ORTHOMED.234 The capital was increased 3 times between 2009 and 2025, most recently to EUR 2.7 million.534 Since 2011 the company has been called VIGO.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 02-02-2004
  3. 3Belgian State Gazette, 24-01-2025
  4. 4Belgian State Gazette, 24-01-2025
  5. 5Belgian State Gazette, 02-03-2009
  6. 6Belgian State Gazette, 31-01-2011

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Financials · fiscal year 2025, full schema

In the rankings #1 employer in East Flanders, Other manufacturing sector#1 company by total assets in East Flanders, Other manufacturing sector#3 company by equity in East Flanders, Other manufacturing sector
Turnover
€107.7m▲ 11.0%
2024 · €97.1m
EBIT margin
11.2%▼ 2.6pp
2024 · 13.8%
Net result
€8.3m▼ 14.7%
2024 · €9.7m
Working capital
€15.0m
2024 · -€6.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 32, Other manufacturing, 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
Line20212022202320242025
Turnover€70.5m▲ 16.0%€76.9m▲ 9.0%€88.6m▲ 15.2%€97.1m▲ 9.6%€107.7m▲ 11.0%
Operating result€8.7m▲ 58.8%€8.0m▼ 7.5%€12.3m▲ 52.7%€13.4m▲ 9.2%€12.0m▼ 10.1%
Net result€6.6mabove the sector's middle half▼ 39.4%€5.8mabove the sector's middle half▼ 11.9%€9.0mabove the sector's middle half▲ 53.8%€9.7mabove the sector's middle half▲ 8.1%€8.3mabove the sector's middle half▼ 14.7%
EBIT margin12.3%▲ 3.3pp10.5%▼ 1.9pp13.9%▲ 3.4pp13.8%▼ 0.1pp11.2%▼ 2.6pp
Equity€34.6mabove the sector's middle half▲ 23.6%€29.2mabove the sector's middle half▼ 15.5%€18.2mabove the sector's middle half▼ 37.8%€10.6mabove the sector's middle half▼ 41.5%€10.9mabove the sector's middle half▲ 2.6%
Total assets€67.3mabove the sector's middle half▲ 16.8%€57.3mabove the sector's middle half▼ 14.8%€64.5mabove the sector's middle half▲ 12.4%€65.5mabove the sector's middle half▲ 1.7%€68.1mabove the sector's middle half▲ 3.9%
Debt€32.7m▲ 10.4%€28.1m▼ 14.1%€46.3m▲ 64.6%€54.9m▲ 18.6%€57.2m▲ 4.1%
Working capital€29.9m▲ 39.0%€11.8m▼ 60.6%€1.4m▼ 88.3%-€6.0m€15.0m
Solvency51.3%within the sector's middle half▲ 2.8pp50.9%within the sector's middle half▼ 0.4pp28.2%within the sector's middle half▼ 22.7pp16.2%below the sector's middle half▼ 12.0pp16.0%below the sector's middle half▼ 0.2pp
Staff (FTE)392.9above the sector's middle half▲ 5.2%407.9above the sector's middle half▲ 3.8%429.7above the sector's middle half▲ 5.3%468above the sector's middle half▲ 8.9%516above the sector's middle half▲ 10.3%
above within below the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2023 Net result +54% on 2022. Merger absorbing Orthopedie Thüer, effective 10-01-2022, in the previous fiscal year; now counts for a full year for the first time.
Result per fiscal year
Operating resultNet result
€0€5.0m€10.0m€15.0mOperating result 2021: €8.7m€8.7mNet result 2021: €6.6m€6.6mOperating result 2022: €8.0m€8.0mNet result 2022: €5.8m€5.8mOperating result 2023: €12.3m€12.3mNet result 2023: €9.0m€9.0mOperating result 2024: €13.4m€13.4mNet result 2024: €9.7m€9.7mOperating result 2025: €12.0m€12.0mNet result 2025: €8.3m€8.3m20212022202320242025€0€5m€10m€15mOperating result 2023: €12.3m€12mNet result 2023: €9.0m€9mOperating result 2024: €13.4m€13mNet result 2024: €9.7m€9.7mOperating result 2025: €12.0m€12mNet result 2025: €8.3m€8.3m202320242025
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68.1m
Fixed assets €17.0m ▲ 1.7%
Current assets €51.1m ▲ 4.6%
Equity and liabilities €68.1m
Equity €10.9m ▲ 2.6%
Provisions €5,834 ▼ 22.2%
Debt €57.2m ▲ 4.1%
Debt's share of the balance-sheet total rises from 83.8% to 84.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16.3m▼
2024 · €17.2m
Cash flow
€12.6m▼
2024 · €13.5m
Current ratio
1.42▲
2024 · 0.89
Quick ratio
1.17▲
2024 · 0.74
Debt to equity
5.24▲
2024 · 5.17
ROE
75.8%▼
2024 · 91.1%
ROA
12.1%▼
2024 · 14.8%
Interest coverage
10.46▼
2024 · 14.59
Debt ≤ 1 year
€36.1m▼
2024 · €54.8m
Debt > 1 year
€21.1m▲
2024 · €69,188
Income taxes
€2.7m▼
2024 · €3.0m
Staff costs
€38.0m▲
2024 · €33.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 100 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 97% are still going.

  • Large
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
2.0% went bankrupt
1.0% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 100 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 93 lines
Balance sheet Code20242025
Assets
Total assets20/58€65.5m€68.1m▲
Fixed assets21/28€16.7m€17.0m▲
Intangible fixed assets21€8.5m€7.0m▼
Tangible fixed assets22/27€8.1m€9.9m▲
Land and buildings22€676,224€582,286▼
Plant, machinery and equipment23€1.8m€2.0m▲
Furniture and vehicles24€356,707€463,091▲
Leasing and similar rights25€86,585€66,865▼
Other tangible fixed assets26€5.2m€6.7m▲
Financial fixed assets28€53,513€44,612▼
Other financial fixed assets284/8€53,513€44,612▼
Amounts receivable and cash guarantees285/8€53,513€44,612▼
Current assets29/58€48.9m€51.1m▲
Stocks and contracts in progress3€8.4m€8.8m▲
Stocks30/36€3.4m€3.7m▲
Raw materials and consumables30/31€1.1m€1.2m▲
Finished goods33€391,097€409,249▲
Goods purchased for resale34€1.9m€2.1m▲
Contracts in progress37€5.0m€5.1m▲
Amounts receivable within one year40/41€38.4m€40.2m▲
Trade receivables40€24.9m€31.1m▲
Other amounts receivable41€13.5m€9.1m▼
Cash at bank and in hand54/58€1.6m€1.7m▲
Deferred charges and accrued income490/1€387,521€389,087▲
Equity and liabilities
Total equity and liabilities10/49€65.5m€68.1m▲
Equity10/15€10.6m€10.9m▲
Contributions10/11€2.7m€2.7m▲
Capital10€2.7m€2.7m▲
Issued capital100€2.7m€2.7m=
Uncalled capital101€12,400€0▼
Reserves13€7.9m€8.2m▲
Non-distributable reserves130/1€271,420€271,420=
Legal reserve130€271,420€271,420=
Tax-exempt reserves132€86,170€86,170=
Distributable reserves133€7.6m€7.8m▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€7,502€5,834▼
Deferred taxes168€7,502€5,834▼
Amounts payable17/49€54.9m€57.2m▲
Amounts payable after more than one year17€69,188€21.1m▲
Financial debts170/4€69,188€50,547▼
Leasing and similar obligations172€69,188€50,547▼
Other amounts payable178/9-€21.0m
Amounts payable within one year42/48€54.8m€36.1m▼
Current portion of amounts payable after more than one year42€17,889€18,641▲
Financial debts43€3.6m€3.2m▼
Credit institutions430/8€3.6m€3.2m▼
Trade debts44€9.4m€11.7m▲
Suppliers440/4€9.4m€11.7m▲
Advances received on contracts in progress46€194,517€211,888▲
Taxes, remuneration and social security45€7.2m€8.0m▲
Taxes450/3€2.3m€2.7m▲
Remuneration and social security454/9€4.8m€5.3m▲
Other amounts payable47/48€34.4m€13.1m▼
Income statement Code20242025
Operating income70/76A€99.3m€109.9m▲
Turnover70€97.1m€107.7m▲
Change in stocks of work in progress, finished goods and contracts in progress71€564,608€85,459▼
Other operating income74€1.7m€2.1m▲
Non-recurring operating income76A€16,000€16,000=
Operating charges60/66A€85.9m€97.9m▲
Goods for resale, raw materials and consumables60€28.9m€32.8m▲
Purchases600/8€28.9m€33.1m▲
Change in stocks: decrease (increase)609-€21,339-€292,801▼
Services and other goods61€19.2m€22.3m▲
Remuneration, social security and pensions62€33.8m€38.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.8m€4.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€100,999-€2,698▲
Other operating charges640/8€398,306€378,412▼
Operating profit (loss)9901€13.4m€12.0m▼
Financial income75/76B€522,172€511,937▼
Recurring financial income75€522,172€511,937▼
Income from current assets751€3,835€134▼
Other financial income752/9€518,337€511,803▼
Financial charges65/66B€1.2m€1.6m▲
Recurring financial charges65€1.2m€1.6m▲
Debt charges650€1.2m€1.6m▲
Other financial charges652/9€44,257€49,923▲
Profit (loss) for the period before taxes9903€12.7m€10.9m▼
Transfer from deferred taxes780€1,668€1,668=
Income taxes67/77€3.0m€2.7m▼
Taxes670/3€3.1m€2.9m▼
Tax adjustments and reversals of tax provisions77€103,886€257,617▲
Profit (loss) for the period9904€9.7m€8.3m▼
Profit (loss) for the period to be appropriated9905€9.7m€8.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€10.4m€8.3m▼
Profit (loss) brought forward from the previous period14P€734,296-
Transfer from equity791/2€9.6m-
From reserves792€9.6m-
Transfer to equity691/2-€266,000
To other reserves6921-€266,000
Profit to be distributed694/7€20.0m€8.0m▼
Return on contributions (dividend)694€20.0m€8.0m▼
Social balance
Average headcount (FTE)9087468.0516.0▲

The notes to these accounts (95 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€73.2m€78.7m€90.5m€99.3m€109.9m▲ 10.7%
Turnover70€70.5m€76.9m€88.6m€97.1m€107.7m▲ 11.0%
Change in stocks of work in progress, finished goods and contracts in progress71€1.2m€402,041€302,978€564,608€85,459▼ 84.9%
Other operating income74€1.5m€1.4m€1.6m€1.7m€2.1m▲ 25.2%
Non-recurring operating income76A€16,000€16,000€16,000€16,000€16,000=
Operating charges60/66A€64.5m€70.6m€78.2m€85.9m€97.9m▲ 13.9%
Goods for resale, raw materials and consumables60€21.2m€23.4m€26.1m€28.9m€32.8m▲ 13.5%
Purchases600/8€21.2m€23.7m€26.4m€28.9m€33.1m▲ 14.5%
Change in stocks: decrease (increase)609-€65,164-€287,216-€302,238-€21,339-€292,801▼ 1,272%
Services and other goods61€14.1m€15.5m€17.0m€19.2m€22.3m▲ 16.7%
Remuneration, social security and pensions62€25.8m€28.0m€30.8m€33.8m€38.0m▲ 12.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.2m€3.4m€3.9m€3.8m€4.3m▲ 13.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€40,302€38,036€18,470-€100,999-€2,698▲ 97.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8--€13,429-€2,395---
Other operating charges640/8€253,322€305,818€385,608€398,306€378,412▼ 5.0%
Non-recurring operating charges66A-€12,420----
Operating profit (loss)9901€8.7m€8.0m€12.3m€13.4m€12.0m▼ 10.1%
Financial income75/76B€464,511€372,577€487,406€522,172€511,937▼ 2.0%
Recurring financial income75€334,962€372,577€487,406€522,172€511,937▼ 2.0%
Income from current assets751€7,003€7,325-€3,835€134▼ 96.5%
Other financial income752/9€327,959€365,252€487,406€518,337€511,803▼ 1.3%
Non-recurring financial income76B€129,549€0----
Financial charges65/66B€633,972€511,943€533,129€1.2m€1.6m▲ 31.8%
Recurring financial charges65€633,972€511,943€533,129€1.2m€1.6m▲ 31.8%
Debt charges650€589,543€472,129€489,889€1.2m€1.6m▲ 32.5%
Other financial charges652/9€44,430€39,814€43,239€44,257€49,923▲ 12.8%
Profit (loss) for the period before taxes9903€8.5m€7.9m€12.2m€12.7m€10.9m▼ 13.8%
Transfer from deferred taxes780€1,668€1,668€1,668€1,668€1,668=
Income taxes67/77€1.9m€2.1m€3.3m€3.0m€2.7m▼ 11.1%
Taxes670/3€2.0m€2.1m€3.3m€3.1m€2.9m▼ 5.8%
Tax adjustments and reversals of tax provisions77€93,420€0€247€103,886€257,617▲ 148%
Profit (loss) for the period9904€6.6m€5.8m€9.0m€9.7m€8.3m▼ 14.7%
Profit (loss) for the period to be appropriated9905€6.6m€5.8m€9.0m€9.7m€8.3m▼ 14.7%
Line20212022202320242025Change
Assets
Total assets20/58€67.3m€57.3m€64.5m€65.5m€68.1m▲ 3.9%
Fixed assets21/28€19.0m€17.6m€16.8m€16.7m€17.0m▲ 1.7%
Intangible fixed assets21€11.3m€11.4m€10.0m€8.5m€7.0m▼ 17.4%
Tangible fixed assets22/27€5.0m€6.1m€6.8m€8.1m€9.9m▲ 21.9%
Land and buildings22€209,581€365,281€253,872€676,224€582,286▼ 13.9%
Plant, machinery and equipment23€1.4m€1.7m€1.7m€1.8m€2.0m▲ 14.3%
Furniture and vehicles24€356,488€316,862€284,415€356,707€463,091▲ 29.8%
Leasing and similar rights25€614,834€231,152€35,001€86,585€66,865▼ 22.8%
Other tangible fixed assets26€2.4m€3.5m€4.5m€5.2m€6.7m▲ 29.4%
Financial fixed assets28€2.7m€43,279€41,704€53,513€44,612▼ 16.6%
Affiliated companies280/1€2.6m€0----
Participating interests280€2.6m€0----
Other financial fixed assets284/8€34,527€43,279€41,704€53,513€44,612▼ 16.6%
Amounts receivable and cash guarantees285/8€34,527€43,279€41,704€53,513€44,612▼ 16.6%
Current assets29/58€48.3m€39.7m€47.7m€48.9m€51.1m▲ 4.6%
Stocks and contracts in progress3€5.9m€6.6m€7.2m€8.4m€8.8m▲ 4.6%
Stocks30/36€2.3m€2.6m€2.8m€3.4m€3.7m▲ 9.5%
Raw materials and consumables30/31€906,817€1.1m€1.3m€1.1m€1.2m▲ 10.5%
Finished goods33€376,863€391,052€377,461€391,097€409,249▲ 4.6%
Goods purchased for resale34€971,819€1.0m€1.2m€1.9m€2.1m▲ 9.8%
Contracts in progress37€3.6m€4.0m€4.3m€5.0m€5.1m▲ 1.3%
Amounts receivable within one year40/41€40.7m€31.5m€39.1m€38.4m€40.2m▲ 4.5%
Trade receivables40€14.1m€17.9m€21.3m€24.9m€31.1m▲ 24.8%
Other amounts receivable41€26.7m€13.6m€17.8m€13.5m€9.1m▼ 32.8%
Cash at bank and in hand54/58€1.3m€1.4m€1.1m€1.6m€1.7m▲ 7.1%
Deferred charges and accrued income490/1€406,832€319,689€345,589€387,521€389,087▲ 0.4%
Equity and liabilities
Total equity and liabilities10/49€67.3m€57.3m€64.5m€65.5m€68.1m▲ 3.9%
Equity10/15€34.6m€29.2m€18.2m€10.6m€10.9m▲ 2.6%
Contributions10/11€2.6m€2.6m€2.6m€2.7m€2.7m▲ 0.5%
Capital10€2.6m€2.6m€2.6m€2.7m€2.7m▲ 0.5%
Issued capital100€2.6m€2.6m€2.6m€2.7m€2.7m=
Uncalled capital101---€12,400€0▼ 100%
Reserves13€32.0m€26.6m€15.6m€7.9m€8.2m▲ 3.4%
Non-distributable reserves130/1€261,200€261,200€261,200€271,420€271,420=
Legal reserve130€261,200€261,200€261,200€271,420€271,420=
Tax-exempt reserves132---€86,170€86,170=
Distributable reserves133€31.7m€26.3m€15.3m€7.6m€7.8m▲ 3.5%
Profit (loss) carried forward14---€0€0-
Provisions and deferred taxes16€28,330€13,232€9,169€7,502€5,834▼ 22.2%
Provisions for liabilities and charges160/5€15,825€2,395----
Pensions and similar obligations160€15,825€2,395----
Deferred taxes168€12,505€10,837€9,169€7,502€5,834▼ 22.2%
Amounts payable17/49€32.7m€28.1m€46.3m€54.9m€57.2m▲ 4.1%
Amounts payable after more than one year17€14.3m€163,278-€69,188€21.1m▲ 30,325%
Financial debts170/4€14.3m€163,278-€69,188€50,547▼ 26.9%
Leasing and similar obligations172€376,704€98,278-€69,188€50,547▼ 26.9%
Other loans174€13.9m€65,000----
Other amounts payable178/9----€21.0m-
Amounts payable within one year42/48€18.5m€28.0m€46.3m€54.8m€36.1m▼ 34.1%
Current portion of amounts payable after more than one year42€702,566€337,199€160,389€17,889€18,641▲ 4.2%
Financial debts43€2.6m€2.5m€3.8m€3.6m€3.2m▼ 13.3%
Credit institutions430/8€2.6m€2.5m€3.8m€3.6m€3.2m▼ 13.3%
Trade debts44€8.8m€7.7m€9.3m€9.4m€11.7m▲ 24.5%
Suppliers440/4€8.8m€7.7m€9.3m€9.4m€11.7m▲ 24.5%
Advances received on contracts in progress46€277,666€281,648€258,651€194,517€211,888▲ 8.9%
Taxes, remuneration and social security45€5.3m€6.0m€6.6m€7.2m€8.0m▲ 11.2%
Taxes450/3€1.7m€2.1m€2.3m€2.3m€2.7m▲ 14.4%
Remuneration and social security454/9€3.6m€3.8m€4.3m€4.8m€5.3m▲ 9.6%
Other amounts payable47/48€794,627€11.2m€26.3m€34.4m€13.1m▼ 62.1%
Line20212022202320242025Change
Profit (loss) for the period9904€6.6m€5.8m€9.0m€9.7m€8.3m▼ 14.7%
+ Depreciation and write-downs630€3.2m€3.4m€3.9m€3.8m€4.3m▲ 13.0%
Operating cash flow (approximation)€9.8m€9.2m€12.9m€13.5m€12.6m▼ 6.9%
Investment in fixed assets (approximation)--€2.0m-€3.1m-€3.7m-€4.6m▼ 24.2%
Change in cash-€46,524-€242,090€503,708€115,567▼ 77.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
State Gazette act Permanent representative: Wim Heyndrickx
Appointment: KPMG (statutory auditor) · Power of attorney6 facts ▸
  • General meeting, 01-06-2026
  • Power of attorney, Jan-Dante Dumon
  • Power of attorney, Louis Clarys
  • Power of attorney, Julie Vanermen
  • Permanent representative, Wim Heyndrickx (permanent representative)
  • Auditor appointment, KPMG (statutory auditor)
12-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
19-03
State Gazette act Reappointments: M.M.C. BV, S. VAN HECKE BV and 2 others
Permanent representatives: Michiel Meerbergen, Steve Van Hecke and 2 others15 facts ▸
  • General meeting, 02/06/2025
  • Board meeting, 02/06/2025
  • Director reappointment, M.M.C. BV (director)
  • Director reappointment, S. VAN HECKE BV (director)
  • Director reappointment, ELODUS BV (director)
  • Director reappointment, TWINC BV (director)
  • Permanent representative, Michiel Meerbergen
  • Permanent representative, Steve Van Hecke
  • Permanent representative, Daniel Sengeløv
  • Permanent representative, Titia Willems
  • Director reappointment, M.M.C. BV (managing director)
  • Director reappointment, S. VAN HECKE BV (managing director)
  • +3 further facts in this act
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
24-01
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Capital increase7 facts ▸
  • General meeting, 30/12/2024
  • Merger, verrichting gelijkgesteld met fusie door overneming, 30/12/2024
  • Accounting effect, 01/11/2024
  • Capital increase, €24.800
  • Capital, €2.701.800
  • Power of attorney, RVH-Notarissen
  • Power of attorney, RVH-Notarissen
24-01
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Capital increase8 facts ▸
  • General meeting, 30/12/2024
  • Merger, verrichting gelijkgesteld met fusie door overneming, 30/12/2024
  • Accounting effect, 01/10/2024
  • Capital increase, €65.000
  • Capital, €2.677.000
  • Power of attorney, Julie Vanermen
  • Power of attorney, Stijn RAES
  • Statutes amendment
2024
25-11
State Gazette act Restructuring
Merger · Accounting effect · Real estate17 facts ▸
  • Merger, vereenvoudigde zusterfusie
  • Accounting effect, 01/11/2024
  • Real estate, Een handelspand met grond en alle verdere aanhorigheden, staande en gelegen te 3600 Genk, Henry Fordlaan 43 (gekend in het kadester onder: Genk, 4° afdeling Sec…
  • Power of attorney, Louis Clarys
  • Power of attorney, Louis Clarys
  • Shareholding, 100%
  • Shareholding, 100%
  • Power of attorney, iedere bestuurder van Orthomed
  • Power of attorney, iedere bestuurder van VIGO
  • Power of attorney, Julie Vanermen
  • Power of attorney, Julie Vanermen
  • Power of attorney, Maxime Caramin
  • +5 further facts in this act
25-11
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney4 facts ▸
  • Merger, vereenvoudigde zusterfusie
  • Accounting effect, 01/10/2024
  • Power of attorney, Louis Clarys
  • Power of attorney, Louis Clarys
24-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
04-03
State Gazette act Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
Mandate compensation3 facts ▸
  • General meeting, 22/01/2024
  • Auditor appointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
  • Mandate compensation, KPMG Bedrijfsrevisoren BV
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Show earlier events
17-02
State Gazette act Capital & shares · Resignations & appointments · Restructuring
Permanent representatives: Michiel Meerbergen, Steve Van Hecke and 2 others · Merger · Dissolution13 facts ▸
  • General meeting, 10/01/2022
  • Merger, 10/01/2022
  • Dissolution, 10-01-2022
  • Accounting effect, 31/12/2021
  • Permanent representative, Michiel Meerbergen
  • Permanent representative, Steve Van Hecke
  • Permanent representative, Daniel Sengelov
  • Permanent representative, Titia Willems
  • Real estate, 968,00 EUR
  • Real estate, 79,00 EUR
  • Real estate, 1.291,00 EUR
  • Real estate, 3.201,00 EUR
  • +1 further facts in this act
2021
22-11
State Gazette act Restructuring
Merger · Accounting effect · Real estate8 facts ▸
  • Merger
  • Accounting effect, 01/01/2022
  • Real estate, Een handelseigendom op en met grond en alle verdere aanhorigheden, staande en gelegen te 2100 Antwerpen-district Deurne, Herentalsebaan 414, thans ten kadaster…
  • Real estate, Een handelshuis op en met grond en aanhorigheden, staande en gelegen te Antwerpen (Deurne), Herentalsebaan 416, thans ten kadaster gekend wijk B nummer 437/D/9…
  • Real estate, Een huis op en met grond en aanhorigheden staande en gelegen te Herentalsebaan 410, 2100 Antwerpen (Deurne), ten kadaster gekend wijk B nummer 437/X/8 voor een…
  • Real estate, Een achterliggende bergplaats, Herentalsebaan 412+, ten kadaster gekend wijk B nummer 437/T/8 voor een grootte van 30m2.
  • Real estate, Een huis op en met grond en alle verdere aanhorigheden gelegen te Antwerpen, district Deurne, Herentalsebaan 412, ten kadaster gekend sectie B, nummer 437/S/8 m…
  • Shareholding, 100%
01-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
24-02
State Gazette act Restructuring
Merger · Dissolution · Accounting effect6 facts ▸
  • General meeting, 08/01/2021
  • Merger, 08/01/2021
  • Dissolution, 08-01-2021
  • Accounting effect, 31/12/2020
  • Power of attorney, Olivier Van Maele
  • Power of attorney, Julie Vanermen
24-02
State Gazette act Restructuring
Merger · Dissolution · Accounting effect6 facts ▸
  • General meeting, 08/01/2021
  • Merger, 08/01/2021
  • Dissolution, 08-01-2021
  • Accounting effect, 31/12/2020
  • Power of attorney, Olivier Van Maele
  • Power of attorney, Julie Vanermen
18-01
State Gazette act Appointment: EY Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 26/06/2020
  • Auditor appointment, EY Bedrijfsrevisoren BV
2020
31-12
Financial Highest result since 2018net €10.9m ▲70.2%
Net result €10.9m, the highest in the series.
31-12
Financial Equity above €25mEq €28.0m ▲64%
3 profitable years in a row build equity to €28.0m.
10-11
State Gazette act Restructuring
Permanent representatives: Steve Van Hecke, Michiel Meerbergen and 2 others · Merger · Accounting effect11 facts ▸
  • Merger, geruisloze fusie
  • Accounting effect, 01/01/2021
  • Power of attorney, e12, e13, e14, e15
  • Power of attorney, e12, e13, e14, e15
  • Shareholding, 100%
  • Power of attorney, iedere bestuurder van Orthotaal
  • Power of attorney, iedere bestuurder van Vigo
  • Permanent representative, Steve Van Hecke
  • Permanent representative, Michiel Meerbergen
  • Permanent representative, Daniel Sengeløv
  • Permanent representative, Titia Willems
10-11
State Gazette act Restructuring
Permanent representatives: dr. Steve Van Hecke, dr. Michiel Meerbergen and 3 others · Merger · Accounting effect7 facts ▸
  • Merger, geruisloze fusie
  • Accounting effect, 01/01/2021
  • Permanent representative, dr. Steve Van Hecke
  • Permanent representative, dr. Michiel Meerbergen
  • Permanent representative, dr. Daniel Sengeløv
  • Permanent representative, dr. Titia Willems
  • Permanent representative, dr. Frans De Roeck
10-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
06-04
State Gazette act Resignations: VIGO INTERNATIONAL, K.M.O. advies and Michiel Meerbergen
Appointments: M.M.C., S. VAN HECKE and 2 others · Permanent representatives: Jan Ruysschaert, Nele Vanhouteghem and 4 others · Statutes amendment29 facts ▸
  • General meeting, 12/03/2020
  • Statutes amendment
  • Accounting effect, 01/03/2020
  • Capital, €2.612.000
  • Director resignation, VIGO INTERNATIONAL (director)
  • Director resignation, K.M.O. advies (director)
  • Director resignation, Michiel Meerbergen (director)
  • Director discharge, VIGO INTERNATIONAL
  • Director discharge, K.M.O. advies
  • Director discharge, Michiel Meerbergen
  • Director appointment, M.M.C. (director)
  • Director appointment, S. VAN HECKE (director)
  • +17 further facts in this act
2019
24-12
State Gazette act Reappointments: Hendrikus Van Der Meulen, EVORA BVBA and KMO ADVIES BVBA
4 facts ▸
  • General meeting, 07/06/2019
  • Director reappointment, Hendrikus Van Der Meulen (director)
  • Director reappointment, EVORA BVBA (director)
  • Director reappointment, KMO ADVIES BVBA (director)
26-11
State Gazette act Resignations: Evora BVBA (director) and Hendrikus van der Meulen (director)
Permanent representative: Daniel Vandeven · Appointment: Michiel Meerbergen (director) · Mandate compensation6 facts ▸
  • General meeting, 04/11/2019
  • Director resignation, Evora BVBA (director)
  • Permanent representative, Daniel Vandeven
  • Director resignation, Hendrikus van der Meulen (director)
  • Director appointment, Michiel Meerbergen (director)
  • Mandate compensation, Michiel Meerbergen
17-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
24-04
State Gazette act Restructuring
Merger · Accounting effect · Power of attorney5 facts ▸
  • General meeting, 26/03/2019
  • Merger, absorption, overdracht van gehele vermogen
  • Accounting effect, 28/02/2019
  • Power of attorney, raad van bestuur
  • Share concentration, ja
28-01
State Gazette act Restructuring
Merger · Accounting effect · Target approval date4 facts ▸
  • Board meeting, 10/01/2019
  • Merger
  • Accounting effect, 28/02/2019
  • Target approval date, 30/06/2019
16-01
State Gazette act Appointments: V!GO International (class A director) and K.M.O. ADVIES (class A director)
Permanent representatives: Jan Ruysschaert, L&J - Label and 2 others · Statutes amendment · Capital10 facts ▸
  • Statutes amendment
  • Statutes amendment
  • Capital, €2.612.000
  • Director appointment, V!GO International (class A director)
  • Permanent representative, Jan Ruysschaert
  • Permanent representative, L&J - Label
  • Director appointment, K.M.O. ADVIES (class A director)
  • Permanent representative, Nele Vanhouteghem
  • Permanent representative, NOMAD Invest
  • Power of attorney, V!GO
07-01
State Gazette act Permanent representative: Peter Opsomer
Power of attorney4 facts ▸
  • General meeting, 17/12/2018
  • Permanent representative, Peter Opsomer
  • Power of attorney, Goedele Buekens
  • Power of attorney, Peter Rooryck
2018
27-07
State Gazette act Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor)
Permanent representatives: Filip Drieghe and Jan Ruysschaert4 facts ▸
  • General meeting, 12/06/2018
  • Auditor appointment, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Filip Drieghe (representative)
  • Permanent representative, Jan Ruysschaert (permanent representative)
15-06
State Gazette act Permanent representatives: NOMAD Invest NV and Nele Vanhouteghem
3 facts ▸
  • General meeting, 31/05/2018
  • Permanent representative, NOMAD Invest NV
  • Permanent representative, Nele Vanhouteghem
13-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
01-02
State Gazette act Statutes amendment
Power of attorney · Certificate repurchase4 facts ▸
  • General meeting, 18/12/2017
  • Statutes amendment
  • Power of attorney, raad van bestuur
  • Certificate repurchase, VIGO GROUP, 7322
19-01
State Gazette act Resignation: Vigo Group NV (director)
Appointment: Vigo International NV (director) · Permanent representative: Jan Ruysschaert7 facts ▸
  • General meeting, 22/12/2017
  • Board meeting, 22/12/2017
  • Director resignation, Vigo Group NV (director)
  • Director resignation, Vigo Group NV (managing director)
  • Director appointment, Vigo International NV (director)
  • Director appointment, Vigo International NV (managing director)
  • Permanent representative, Jan Ruysschaert
2017
29-09
State Gazette act Capital & shares
General meeting1 fact ▸
  • General meeting, 13/07/2017
20-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
08-02
State Gazette act Miscellaneous
Approval2 facts ▸
  • General meeting, 12/01/2017
  • Approval, Goedkeuring van artikel 23 (Change to the Parties) en alle andere bepalingen in de Kredietovereenkomst
2016
19-10
State Gazette act Restructuring
Merger · Accounting effect · Dissolution4 facts ▸
  • General meeting, 29/09/2016
  • Merger, fusion by absorption, 01/10/2016
  • Accounting effect, 01/10/2016
  • Dissolution, 01-10-2016
02-08
State Gazette act Restructuring
Merger · Accounting effect · Shareholder5 facts ▸
  • Merger, gelijkgestelde verrichting
  • Accounting effect, 01/10/2016
  • Shareholder, VIGO NV
  • Profit certificate, 7322
  • Approval date, 29/09/2016
22-01
State Gazette act Capital & shares · Restructuring
Merger · Purpose change · Statutes amendment7 facts ▸
  • General meeting, 28/12/2015
  • Merger, fusion by absorption, 01/01/2016
  • Purpose change, De vennootschap heeft tot doel voor eigen rekening of voor rekening van derden, in eigen naam of als tussenpersoon of commissionair: a) de fabricatie en alle ve…
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2015
17-11
State Gazette act Restructuring
Permanent representative: Jan Ruysschaert · Merger · Accounting effect8 facts ▸
  • Merger, met fusie door overneming gelijkgestelde verrichting
  • Accounting effect, 01/01/2016
  • Real estate, perceel met kadastrale gegevens afdeling: 71305 Genk 5 AFD, straat: Vaartstraat 4, sectie: F, nummer: 1184/00C000
  • Permanent representative, Jan Ruysschaert
  • Shareholder, VIGO NV
  • Profit certificate, 7322
  • Statute modification, adaptation of corporate purpose to continue absorbed activities
  • Approval date, 28/12/2015
10-08
State Gazette act Appointment: BDO BEDRIJFSREVISOREN BURG. VEN. CVBA (statutory auditor)
Permanent representative: Jan Ruysschaert3 facts ▸
  • General meeting, 27/06/2015
  • Auditor appointment, BDO BEDRIJFSREVISOREN BURG. VEN. CVBA (statutory auditor)
  • Permanent representative, Jan Ruysschaert
2014
25-11
State Gazette act Resignations: Jan Van Broeck (director) and De Wilde J Management (director)
Permanent representative: Jan Ruysschaert3 facts ▸
  • Director resignation, Jan Van Broeck (director)
  • Director resignation, De Wilde J Management (director)
  • Permanent representative, Jan Ruysschaert
07-08
State Gazette act Reappointments: VIGO Group NV, KMO ADVIES BVBA and 2 others
Resignations: BVBA JOMAK (director) and BVBA SOPRATUTTO (director) · Permanent representatives: Jan Ruysschaert and BVBA L&J - LABEL10 facts ▸
  • General meeting, 28/06/2014
  • Director reappointment, VIGO Group NV (director)
  • Director reappointment, KMO ADVIES BVBA (director)
  • Director reappointment, VAN DER MEULEN Hendrikus (director)
  • Director reappointment, EVORA BVBA (director)
  • Director resignation, BVBA JOMAK (director)
  • Director resignation, BVBA SOPRATUTTO (director)
  • General meeting, 30/06/2014
  • Permanent representative, Jan Ruysschaert
  • Permanent representative, BVBA L&J - LABEL
2012
23-07
State Gazette act Appointment: BDO BEDRIJFSREVISOREN BURG. VEN. CVBA (statutory auditor)
Permanent representatives: Erik Thuysbaert and Luc Naessens · Resignation: Luna Consulting BVBA (director) · Director discharge6 facts ▸
  • General meeting, 23/06/2012
  • Auditor appointment, BDO BEDRIJFSREVISOREN BURG. VEN. CVBA (statutory auditor)
  • Permanent representative, Erik Thuysbaert
  • Director resignation, Luna Consulting BVBA (director)
  • Permanent representative, Luc Naessens
  • Director discharge, Luc Naessens
2011
14-11
State Gazette act Resignation: DAVANCo (director)
Appointment: EVORA (director) · Permanent representative: Jan Ruysschaert4 facts ▸
  • General meeting, 02/09/2011
  • Director resignation, DAVANCo (director)
  • Director appointment, EVORA (director)
  • Permanent representative, Jan Ruysschaert
22-09
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 02/09/2011
28-06
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Dissolution5 facts ▸
  • General meeting, 06/06/2011
  • Merger
  • Accounting effect, 01/01/2011
  • Dissolution, 06-06-2011
  • Power of attorney, B-DOCS
28-06
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Power of attorney4 facts ▸
  • General meeting, 06/06/2011
  • Merger, 06/06/2011
  • Accounting effect, 01/01/2011
  • Power of attorney, B-DOCS
02-05
State Gazette act Restructuring
Merger1 fact ▸
  • Merger
02-05
State Gazette act Restructuring
Merger1 fact ▸
  • Merger
31-01
State Gazette act Benaming
Name change · Power of attorney3 facts ▸
  • General meeting, 29 december 2010
  • Name change, VIGO
  • Power of attorney, B-DOCS
2010
26-10
State Gazette act Appointment: CVBA BDO (statutory auditor)
Permanent representatives: Erik Thuysbaert and Jan Ruysschaert4 facts ▸
  • General meeting, 30/09/2010
  • Auditor appointment, CVBA BDO (statutory auditor)
  • Permanent representative, Erik Thuysbaert
  • Permanent representative, Jan Ruysschaert
2009
02-03
State Gazette act Capital & shares
Capital increase · Capital · Statutes amendment6 facts ▸
  • General meeting, 10/02/2009
  • Capital increase, €6.938
  • Capital increase, €2.543.062
  • Capital, €2.612.000
  • Statutes amendment
  • Power of attorney, B-DOCS
2008
24-07
State Gazette act Capital & shares · Statutes amendment
Share issue · Capital · Reserve creation7 facts ▸
  • General meeting, 23/06/2008
  • Share issue, winstbewijzen ten belope van een totaalbedrag van ÉEN MILJOEN ACHTHONDERDDUIZEND euro (€ 1.800.000,00), die het maatschappelijk kapitaal niet vertegenwoordigen
  • Capital, €62.000
  • Statutes amendment
  • Reserve creation, onbeschikbare reserverekening
  • Power of attorney, B-DOCS
  • Share conversion, 92678, 1250
16-07
State Gazette act Resignations: C.E.R. Comm. VA, K.M.O. Advies BVBA and Luna Consulting BVBA
Appointments: Ortho Group NV, Ordika BVBA and 2 others · Permanent representatives: Jan Ruysschaert, C.E.R. Comm. VA and 5 others · Committee dissolution20 facts ▸
  • General meeting, 23/06/2008
  • Board meeting, 23/06/2008
  • Director resignation, C.E.R. Comm. VA (director)
  • Director appointment, Ortho Group NV (director)
  • Director appointment, Ordika BVBA (director)
  • Director appointment, Davanco BVBA (director)
  • Director appointment, Service Management Cast BVBA (director)
  • Permanent representative, Jan Ruysschaert
  • Permanent representative, C.E.R. Comm. VA
  • Permanent representative, Diederik Jacobs
  • Permanent representative, Daniël Vandeven
  • Permanent representative, Stefan Vuylsteke
  • +8 further facts in this act
14-07
State Gazette act Capital & shares
General meeting1 fact ▸
  • General meeting, 23/06/2008
14-07
State Gazette act Reappointments: Comm.VA C.E.R., BVBA K.M.O.-Avies and 2 others
Permanent representatives: Jan Ruysschaert, Nele Vanhouteghem and Luc NAESSENS · Appointment: Comm.VA C.E.R. (chair of the board)10 facts ▸
  • General meeting, 20/06/2008
  • Director reappointment, Comm.VA C.E.R. (director)
  • Director reappointment, BVBA K.M.O.-Avies (director)
  • Director reappointment, BVBA LUNA CONSULTING (director)
  • Director reappointment, Rikus Van Der Meulen (director)
  • Permanent representative, Jan Ruysschaert
  • Permanent representative, Nele Vanhouteghem
  • Permanent representative, Luc NAESSENS
  • Director appointment, Comm.VA C.E.R. (chair of the board)
  • Director appointment, Comm.VA C.E.R. (gedelegeerd bestuurder)
2007
25-07
State Gazette act Resignation: Julien De Wilde (director)
Appointments: BVBA De Wilde J. Management (director) and BVBA Jacques Steyaert (statutory auditor) · Permanent representatives: Julien De Wilde and Jacques Steyaert6 facts ▸
  • General meeting, 23/06/2007
  • Director resignation, Julien De Wilde (director)
  • Director appointment, BVBA De Wilde J. Management (director)
  • Permanent representative, Julien De Wilde
  • Auditor appointment, BVBA Jacques Steyaert (statutory auditor)
  • Permanent representative, Jacques Steyaert
08-06
State Gazette act Resignations & appointments
Power of attorney1 fact ▸
  • Power of attorney, Koen Schoenaerts
2006
22-05
State Gazette act Appointments: Comm VA CER, KMO Advies and Luna Consulting
Permanent representatives: Lieve Vanhouteghem, Nele Vanhouteghem and Luc Naessens7 facts ▸
  • Board meeting, 23/03/2006
  • Director appointment, Comm VA CER (member of the executive committee)
  • Permanent representative, Lieve Vanhouteghem
  • Director appointment, KMO Advies (member of the executive committee)
  • Permanent representative, Nele Vanhouteghem
  • Director appointment, Luna Consulting (member of the executive committee)
  • Permanent representative, Luc Naessens
2004
02-02
State Gazette act Registered office · Capital & shares · Statutes amendment · Resignations & appointments · Restructuring
Resignation: Nele Vanhoutteghem (director) · Reappointment: CER-Clinical Engineering & Research (director) · Permanent representatives: Jan Ruysschaert, Lieve Vanhouteghem and 2 others18 facts ▸
  • General meeting, 12/01/2004
  • Merger, met fusie door overneming gelijkgestelde verrichting
  • Name change, Centrum Technische Orthopedie
  • Registered-office move, 9230 Wetteren, Biezeweg 13
  • Director resignation, Nele Vanhoutteghem (director)
  • Director discharge, Nele Vanhoutteghem
  • Director reappointment, CER-Clinical Engineering & Research (director)
  • Permanent representative, Jan Ruysschaert
  • Director appointment, CTO MOBILITY (director)
  • Permanent representative, Lieve Vanhouteghem
  • Director appointment, KMO ADVIES (director)
  • Permanent representative, Nele Vanhoutteghem
  • +6 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
52 of 52 acts read

Directors · office · real estate

Directors
under verification, no change since 2025
This board is reconstructed from a single act (26039388). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

M.M.C
Chair of the board · since 01-03-2020 · Director · since 01-03-2020 · Private limited company · perm. rep.: Michiel Meerbergen
Current
ELODUS
Director · since 01-03-2020 · Private limited company (pre-2019) · perm. rep.: Daniel SENGELØV
Current
S. Van Hecke
Director · since 01-03-2020 · Private limited company · perm. rep.: Steve VAN HECKE
Current
TWinC
Director · since 01-03-2020 · Private limited company · perm. rep.: Titia WILLEMS
Current
11 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Comm.VA C.E.R.
Chair of the board · since 20-06-2008 · Director · since 20-06-2008 · Legal entity · perm. rep.: Jan Ruysschaert
Not recently confirmed
KMO ADVIES
Director · since 02-02-2004 · Legal entity · perm. rep.: Nele Vanhoutteghem
Not recently confirmed
TORECO
Director · since 02-02-2004 · Private limited company · perm. rep.: Réal Toye
Not recently confirmed
BVBA K.M.O.-Avies
Director · since 20-06-2008 · Legal entity · perm. rep.: Nele Vanhouteghem
Not recently confirmed
Rikus Van Der Meulen
Director · since 20-06-2008
Not recently confirmed
ORDIKA
Director · since 23-06-2008 · Private limited company · perm. rep.: Diederik Jacobs
Not recently confirmed
V!GO GROUP
Director · since 23-06-2008 · Legal entity
Not recently confirmed
VC Projects
Director · since 23-06-2008 · Private limited company · perm. rep.: Stefan Vuylsteke
Not recently confirmed
EVORA
Director · since 02-09-2011 · Private limited company
Not recently confirmed
Vigo International NV
Director · since 01-01-2018 · Legal entity
Not recently confirmed
V!GO International
Class A director · since 16-01-2019 · Legal entity · perm. rep.: Jan Ruysschaert
Not recently confirmed

Day-to-day management 4

ELODUS
Managing director · since 01-03-2020 · Private limited company (pre-2019) · perm. rep.: Daniel SENGELØV
Current
M.M.C
Managing director · since 01-03-2020 · Private limited company · perm. rep.: Michiel Meerbergen
Current
S. Van Hecke
Managing director · since 01-03-2020 · Private limited company · perm. rep.: Steve VAN HECKE
Current
TWinC
Managing director · since 01-03-2020 · Private limited company · perm. rep.: Titia WILLEMS
Current
4 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Comm.VA C.E.R.
Gedelegeerd bestuurder · since 20-06-2008 · Legal entity · perm. rep.: Jan Ruysschaert
Not recently confirmed
V!GO GROUP
Managing director · since 23-06-2008 · Legal entity
Not recently confirmed
Vigo International NV
Managing director · since 01-01-2018 · Legal entity
Not recently confirmed
KMO ADVIES
Member of the executive committee · since 23-03-2006 · Legal entity · perm. rep.: Nele Vanhoutteghem
Not recently confirmed

Permanent representatives 4

Daniel SENGELØV
Permanent representative · since 01-03-2020 · for ELODUS
Current
Michiel Meerbergen
Permanent representative · since 01-03-2020 · for M.M.C
Current
Steve VAN HECKE
Permanent representative · since 01-03-2020 · for S. Van Hecke
Current
Titia WILLEMS
Permanent representative · since 01-03-2020 · for TWinC
Current
6 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Nele Vanhoutteghem
Permanent representative · since 02-02-2004 · for KMO ADVIES
Not recently confirmed
Réal Toye
Permanent representative · since 02-02-2004 · for TORECO
Not recently confirmed
Nele Vanhouteghem
Permanent representative · since 20-06-2008 · for BVBA K.M.O.-Avies
Not recently confirmed
Diederik Jacobs
Permanent representative · since 23-06-2008 · for ORDIKA
Not recently confirmed
Stefan Vuylsteke
Permanent representative · since 23-06-2008 · for VC Projects
Not recently confirmed
Jan Ruysschaert
Permanent representative · since 16-01-2019 · for V!GO International
Not recently confirmed

Statutory auditor 1

KPMG
Statutory auditor · since 04-03-2024
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wetteren · 18 establishment units since 1991
seat establishment All 18 establishment units on the map
Ground area
50.0 ha
Building footprint
3.2 ha
Volume, LiDAR
200,819 m³
18 parcels, Flanders, Wallonia · tallest building 34.2 m, ±6 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
18 establishment units
Campus CTO Pellenberg
Weligerveld(PEL) 1, 3212 LubbeekNACE 5146002
since 19912.053.314.311
Campus CTO Gent
Maaltebruggestraat 288, 9000 GentNACE 33103
since 19932.064.897.792
Campus CTO
Biezeweg 13, 9230 WetterenNACE 33103
since 19992.064.897.693
Campus Cebelor Namur
Chaussée de Marche(EP) 483, 5101 NamurManufacture of medical and dental instruments and supplies
since 20112.201.014.429
Campus CTO UZ Gent
Zwijnaardsesteenweg 488, 9000 GentManufacture of medical and dental instruments and supplies
since 20112.201.016.013
Campus Ortec Tienen
Leopoldvest 58, 3300 TienenManufacture of medical and dental instruments and supplies
since 20112.201.011.162
Show 12 more locations
Campus Ortec
Interleuvenlaan 60, 3001 LeuvenManufacture of medical and dental instruments and supplies
since 20112.201.010.172
Campus Cebelor
Z. 1 Researchpark 10, 1731 AsseManufacture of medical and dental instruments and supplies
since 20112.201.013.241
V!GO Campus MM Deurne
Florent Pauwelslei 1, 2100 AntwerpenManufacture of medical and dental instruments and supplies
since 20142.224.926.117
V!GO Campus Antwerpen Zuid
Boomsesteenweg 135, 2610 AntwerpenManufacture of medical and dental instruments and supplies
since 20162.259.374.379
Campus Gasthuisberg
Herestraat 49, 3000 LeuvenManufacture of medical and dental instruments and supplies
since 20192.283.948.142
Campus Sterrebeek
de Maillé de la Tour Landrylaan 3, 1820 SteenokkerzeelManufacture of medical and dental instruments and supplies
since 20212.311.196.036
Campus Roeselare
Diksmuidsesteenweg 370, 8800 RoeselareManufacture of medical and dental instruments and supplies
since 20212.320.288.894
VIGO Campus Deurne Winkel
Herentalsebaan 414, 2100 AntwerpenManufacture of medical and dental instruments and supplies
since 20222.325.307.061
Campus Turnhout
Brugstraat 57, 2300 TurnhoutManufacture of medical and dental instruments and supplies
since 20232.340.385.316
Campus Hasselt
Nieuwe steenweg 6, 3500 HasseltManufacture of medical and dental instruments and supplies
since 20252.369.945.966
Campus Genk
Henry Fordlaan 43, 3600 GenkManufacture of medical and dental instruments and supplies
since 20252.369.946.065
CAMPUS VIGO 3
Kalkensteenweg 21, 9230 WetterenManufacture of medical and dental instruments and supplies
since 20262.393.961.186
18 parcels
Flanders 17 (94.4%) Wallonia 1 (5.6%)
Parcel (capakey) Region Area Buildings Height / fl.
24505K0046/00S004 Flanders 42.5 ha - -
42025G0818/00F000 Flanders 1.1 ha 1 · 2,653 m² 9.4 m · 3 fl.
24514C0087/00A000 Flanders 1.0 ha 1 · 1,667 m² 11.4 m · 3 fl.
24090C0184/00E000 Flanders 9,149 m² 1 · 8,547 m² 34.2 m · 6 fl.
11345B0223/00F005 Flanders 8,821 m² 1 · 1.2 ha -
42302C0113/00N000 Flanders 8,792 m² 1 · 105 m² 11.9 m
92039A0089/00X002 Wallonia 7,919 m² 1 · 394 m² 12.1 m · 3 fl.
71328D0501/00D000 Flanders 6,292 m² 1 · 1,035 m² -
71304E0724/00V015 Flanders 4,487 m² 1 · 1,234 m² 8.9 m · 2 fl.
23095C0033/00G004 Flanders 3,335 m² 1 · 637 m² 10.4 m · 2 fl.
11462A0169/00R007 Flanders 1,345 m² 1 · 924 m² 11.8 m · 3 fl.
44809I0473/00N002 Flanders 1,281 m² 1 · 739 m² 12.3 m · 3 fl.
36504D0770/00T000 Flanders 1,148 m² 1 · 449 m² 8.1 m · 3 fl.
13454P0337/00K000 Flanders 693 m² 1 · 693 m² 7.7 m · 2 fl.
24594C0013/00V003 Flanders 540 m² 1 · 329 m² 11.2 m · 3 fl.
11345B0437/00D009 Flanders 267 m² 1 · 267 m² 11.9 m · 2 fl.
23081E0221/00D000 Flanders 152 m² 1 · 153 m² 10.6 m · 2 fl.
44808H0694/00H004 Flanders 125 m² 1 · 110 m² 15.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
18 of 18 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

34 people since 2004, 16 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
ELODUS
  • Director, from 01-03-2020 to date
  • Gedelegeerd bestuurder, from 01-03-2020 to date
M.M.C
  • Chair, from 01-03-2020 to date
  • Director, from 01-03-2020 to date
  • Gedelegeerd bestuurder, from 01-03-2020 to date
S. Van Hecke
  • Director, from 01-03-2020 to date
  • Gedelegeerd bestuurder, from 01-03-2020 to date
TWinC
  • Director, from 01-03-2020 to date
  • Gedelegeerd bestuurder, from 01-03-2020 to date
KPMG
  • Statutory auditor, from 04-03-2024 to date
KMO ADVIES
  • Director, from 02-02-2004 not ended, last confirmed 02-02-2004
  • Member of the executive committee, from 23-03-2006 not ended, last confirmed 22-05-2006
TORECO
  • Director, from 02-02-2004 not ended, last confirmed 02-02-2004
BVBA K.M.O.-Avies
  • Director, already before 20-06-2008 not ended, last confirmed 14-07-2008
Comm.VA C.E.R.
  • Chair of the board, from 20-06-2008 not ended, last confirmed 14-07-2008
  • Director, already before 20-06-2008 not ended, last confirmed 14-07-2008
  • Gedelegeerd bestuurder, from 20-06-2008 not ended, last confirmed 14-07-2008
Rikus Van Der Meulen
  • Director, already before 20-06-2008 not ended, last confirmed 14-07-2008
ORDIKA
  • Director, from 23-06-2008 not ended, last confirmed 16-07-2008
V!GO GROUP
  • Director, from 23-06-2008 not ended, last confirmed 07-08-2014
  • Managing director, from 23-06-2008 not ended, last confirmed 16-07-2008
VC Projects
  • Director, from 23-06-2008 not ended, last confirmed 16-07-2008
EVORA
  • Director, from 02-09-2011 not ended, last confirmed 24-12-2019
Vigo International NV
  • Director, from 01-01-2018 not ended, last confirmed 19-01-2018
  • Managing director, from 01-01-2018 not ended, last confirmed 19-01-2018
V!GO International
  • Class A director, from 16-01-2019 not ended, last confirmed 16-01-2019
Ernst et Young Reviseurs d'Entreprises
  • Auditor, from 18-01-2021 to 04-03-2024
PWC Bedrijfsrevisoren BCVBA
  • Statutory auditor, from 27-07-2018 to 18-01-2021
K.M.O. ADVIES
  • Lid directiecomité, until 23-06-2008
  • Director, already before 28-06-2014 to 01-03-2020
Michiel Meerbergen
  • Director, from 04-11-2019 to 01-03-2020
VIGO INTERNATIONAL
  • Director, until 01-03-2020
Evora BVBA
  • Director, until 04-11-2019
VAN DER MEULEN Hendrikus
  • Director, from 02-02-2004 to 04-11-2019
BDO Bedrijfsrevisoren Burg. Ven. CVBA
  • Statutory auditor, from 26-10-2010 to 27-07-2018
Vigo Group NV
  • Director, until 01-01-2018
  • Managing director, until 01-01-2018
SOPRATUTTO
  • Director, until 07-08-2014
Luna Consulting BVBA
  • Director, already before 20-06-2008 to 23-07-2012
DAVANCo
  • Director, until 02-09-2011
BVBA JACQUES STEYAERT
  • Statutory auditor, from 25-07-2007 to 26-10-2010
C.E.R. - CLINICAL ENGINEERING & RESEARCH
  • Director, already before 02-02-2004 to 23-06-2008
  • Gedelegeerd bestuurder, from 02-02-2004 to 23-06-2008
  • Lid directiecomité, until 23-06-2008
De Wilde J Management
  • Director, until 16-06-2008
Jan Van Broeck
  • Director, until 16-06-2008
Julien DE WILDE
  • Director, until 23-06-2007
Nele Vanhoutteghem
  • Director, until 02-02-2004
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp voor eigen rekening of voor rekening van derden, in eigen naam of als tussenpersoon of commissionair: a) de fabricatie en alle verrichtingen die…
Full purpose

De vennootschap heeft tot voorwerp voor eigen rekening of voor rekening van derden, in eigen naam of als tussenpersoon of commissionair: a) de fabricatie en alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het vervaardigen van artikelen voor orthopedie, toestellen en voorwerpen voor prothesen, de groothandel in orthopedische artikelen, de kleinhandel in medische en heelkundige instrumenten en apparaten, orthopedische schoenen, ander schoeisel, steunzolen, rolwagens, steunkousen, bandages en alle andere orthopedische, fysiotherapeutische en reumatologische hulpmiddelen, materialen en bijhorigheden; b) de constructie, de ontwikkeling, de studie en de verbetering van de orthopedische, fysiotherapeutische en reumatologische technische apparatuur, alsmede der speciaalconstructies ten voordele van spastische verlamde kinderen, geamputeerden en andere fysisch gehandicapten door middel van fysiologisch en anatomisch aangepaste hulpmiddelen of door middel van ergotherapeutische toestellen; c) de aan- en verkoop, import en export, research, verhandelen van orthopedische toestellen en apparaten, orthopedische sandalen en schoenen, rolwagens, steunkousen, bandages en alle andere orthopedische, fysiotherapeutische en reumatologische hulpmiddelen, materialen en bijhorigheden; d) het ontwerpen en ontwikkelen, het assembleren en verhandelen van elektronische meetsystemen, computers en aanverwante elektronische apparatuur en hulpmiddelen toepasselijk in de orthopedie en alle andere medische disciplines. De vennootschap mag alle roerende en onroerende goederen zowel lichamelijke als onlichamelijke verwerven, huren of verhuren, vervaardigen, beheren, overdragen of ruilen. De vennootschap mag alle participaties nemen onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen alsook alle investerings- en financiële verrichtingen behalve deze voorbehouden aan deposito- en spaarbanken. De vennootschap mag een effectenportefeuille beheren. De vennootschap mag het bestuur en management van andere vennootschappen waarnemen. De vennootschap kan leningen, van gelijk welke vorm, bedrag en duur aangaan en toestaan. Zij kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden zekerheden stellen, onder meer door haar goederen, met inbegrip van haar eigen handelszaak, in hypotheek of in pand geven en door zich borg te stellen. De vennootschap kan bovendien alles doen wat rechtstreeks of onrechtstreeks tot de verwezenlijking van haar voorwerp, in de ruimste zin, kan bijdragen.

according to the deed of 25-11-2024

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. V!GO International 100%
  2. VIGO

Highest known parent: V!GO International. The sources do not say who stands above it.

Owners 1

Holdings 1

Stated earlier (1)

An older source named these holdings; newer accounts no longer list them.

According to the 2021 annual accounts of VIGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

7 connected companies
Depth
Agfa-Gevaert, Shared director AAgfa-GevaertKBC ASSURANCES, Shared director KAKBC ASSURANCESKBC Bank, Shared director KBKBC BankNV BEKAERT SA, Shared director NBNV BEKAERT SAOdisee, Shared director OOdiseeTELENET GROUP HOLDING, Shared director TGTELENET GROUPHOLDINGZORG-SAAM ZUSTERS KINDSHEID JESU, Shared director ZZZORG-SAAMZUSTERS…VIGO VIGO0444.471.717
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Agfa-Gevaert
Shared director
→
KBC ASSURANCES
Shared director
→
KBC Bank
Shared director
→
NV BEKAERT SA
Shared director
→
Show 3 more companies with a shared director
Odisee
Shared director
→
TELENET GROUP HOLDING
Shared director
→
ZORG-SAAM ZUSTERS KINDSHEID JESU
Shared director
→

Acquisitions and mergers

12 transactions
Took over:DEMOLDER ORTHOS
BE 0437.842.657operation treated as a merger by absorption · State Gazette act of 24-01-2025 (2 acts)
Took over:ORTHOMED
BE 0464.320.984operation treated as a merger by absorption · State Gazette act of 24-01-2025 (2 acts)
Took over:Orthopedie Thüer
silent merger · State Gazette act of 17-02-2022 · effective 10-01-2022
BE 0422.451.430proposal · State Gazette act of 22-11-2021
BE 0462.862.422silent merger · State Gazette act of 24-02-2021 (2 acts) · effective 08-01-2021
Took over:Orthotaal
BE 0849.081.184silent merger · State Gazette act of 24-02-2021 (2 acts) · effective 08-01-2021
Took over:ORTHIGO
BE 0810.816.466merger by absorption · State Gazette act of 24-04-2019 (2 acts)
Took over:ORTHOPEDIE BLIJ
BE 0429.311.310merger by absorption · State Gazette act of 19-10-2016 (2 acts)
Took over:VIGO SHOES
BE 0867.108.932merger by absorption · State Gazette act of 22-01-2016 (2 acts)
Took over:CEBELOR SERVICE
BE 0401.941.274State Gazette act of 28-06-2011 (2 acts)
Took over:ORTEC
BE 0433.130.635silent merger · State Gazette act of 28-06-2011 (2 acts) · effective 06-06-2011
BE 0451.421.469operation treated as a merger by absorption · State Gazette act of 02-02-2004

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 25-11-2024 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-01-2025 Capital increase of 65,000 EUR · to 2,677,000 EUR
  2. 24-01-2025 Capital increase of 24,800 EUR · to 2,701,800 EUR
  3. 06-04-2020 Capital stated in 2 acts · 2,612,000 EUR · 103,049 shares
  4. 02-03-2009 Capital increase of 6,938 EUR · to 68,938 EUR · 10,371 new shares
  5. 02-03-2009 Capital increase of 2,543,062 EUR · to 2,612,000 EUR · no new shares · from reserves
  6. 24-07-2008 Capital stated in the act · 62,000 EUR · 92,678 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 15 entries · 750,753 EUR awarded · 750,753 EUR paid
Year Entries awardedpaid
2025 3 62,593 EUR62,593 EUR
2024 3 52,332 EUR52,332 EUR
2023 4 356,657 EUR398,593 EUR
2022 5 279,171 EUR237,235 EUR
Schemes
2 entries · 478,044 EUR · 478,044 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
4 entries · 134,726 EUR · 134,726 EUR paid · Departement Werk en Sociale Economie
4 entries · 67,889 EUR · 67,889 EUR paid · Departement Werk en Sociale Economie
2 entries · 41,936 EUR · 41,936 EUR paid · Vlaams Energie- en Klimaatagentschap
2 entries · 26,965 EUR · 26,965 EUR paid · Departement Werk en Sociale Economie
Show 1 more
1 entry · 1,193 EUR · 1,193 EUR paid · Vlaamse Dienst voor Arbeidsbemiddeling en Beroepsopleiding

Recognitions · licences · registrations

Care and welfare

1 service
V!GO
Care and Health agency · live

Legal Entity Identifier

549300N74WFAIEKK7239
no longer live in the LEI register

Similar companies · same sector, comparable size

Medline International Belgium
BE 0462.010.802
Machelen (Brab.) · Eq €10.9m
ORTHO - CLINICAL DIAGNOSTICS
BE 0419.897.954
Zaventem · Eq €11.0m
Sequana Medical
BE 0707.821.866
Gent · Eq €10.8m
Dentsply Implants
BE 0882.241.328
Hasselt · Eq €10.4m
MEDENVISION
BE 0842.505.475
Westerlo · Eq €9.9m
Of 1,248 companies in sector 32500 we hold annual accounts for 694. 96 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded12-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
47400Retail sale of information and communication equipment
Contact
Website www.vigo-ortho.beLubbeek
E-mail info@vigo-ortho.beLubbeek
Phone 016338850Lubbeek
Fax 016338855Lubbeek
Phone 092227066Gent
Fax 092222387Gent
Phone 092725810Wetteren
Fax 092725848Wetteren
Phone 016406050Leuven
Fax 016407050Leuven
Show 6 more
Phone 016811380Tienen
Fax 016822291Tienen
Phone 024671511Asse
Fax 024671512Asse
Phone 093224242Gent
Fax 093223804Gent
E-invoicing
Reachable via Peppol
Peppol ID 0208:0444471717
Also 9925:BE0444471717

Register as of 27 September 2026 · Peppol Directory

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