VIGOR
ActiveVIGOR has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €351k and a net result of €224k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 1397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency61▲+43
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.09 in 2024), but 72.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
27.8%
Return on assets
17.7%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
15 d early
2023
1 d early
2022
2 d early
2021
on the day
2020
2 d early
2019
18 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€3.06M
EBIT margin
10.3%
Net result
€224k▼ 16.1%
2024 · €267k
2019: €101k
2020: €224k
2021: €127k
2022: €260k
2023: €246k
2024: €267k
2019 → 2025
Working capital
€507k▲ 248%
2024 · €146k
2019: €546k
2020: €685k
2021: €832k
2022: €789k
2023: €990k
2024: €146k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€3.06M
Equity€540k-€690k▲ 27.8%€936k▲ 35.6%€128k▼ 86.4%€351k▲ 176%
Operating result€139k-€315k▲ 127%€311k▼ 1.3%€342k▲ 9.8%€292k▼ 14.5%
Net result€127k-€260k▲ 105%€246k▼ 5.5%€267k▲ 8.6%€224k▼ 16.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.26M
Fixed assets
€122k▼ 9.3%
Current assets
€1.14M▼ 33.2%
Equity and liabilities €1.26M
Equity
€351k▲ 176%
Debt
€913k▼ 46.8%
The debt ratio falls from 93.1% to 72.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€338k▼
2024 · €387k
Cash flow
€270k▼
2024 · €312k
Solvency
27.8%▲
2024 · 6.9%
Current ratio
1.80▲
2024 · 1.09
Quick ratio
1.80▲
2024 · 1.09
Debt / equity
2.60▼
2024 · 13.47
ROE
63.7%▼
2024 · 209.3%
ROA
17.7%▲
2024 · 14.5%
Interest coverage
641.69▼
2024 · 830.71
Debt
€913k▼
2024 · €1.72M
Debt ≤ 1 year
€636k▼
2024 · €1.56M
Income taxes
€84k▼
2024 · €109k
Staff costs
€1.02M▼
2024 · €1.10M
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€1.85M€1.26M▼
Fixed assets21/28€135k€122k▼
Intangible fixed assets21€133k€92k▼
Tangible fixed assets22/27€2k€30k▲
Plant, machinery and equipment23€0€5k▲
Furniture and vehicles24€2k€11k▲
Other tangible fixed assets26-€15k
Financial fixed assets28€0-
Current assets29/58€1.71M€1.14M▼
Amounts receivable within one year40/41€1.39M€746k▼
Trade receivables40€620k€741k▲
Other amounts receivable41€769k€6k▼
Cash at bank and in hand54/58€254k€321k▲
Deferred charges and accrued income490/1€67k€76k▲
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.26M▼
Equity10/15€128k€351k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€28k€251k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€18k€241k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.72M€913k▼
Amounts payable within one year42/48€1.56M€636k▼
Current portion of amounts payable after more than one year42€398€398=
Trade debts44€330k€409k▲
Suppliers440/4€330k€409k▲
Advances received on contracts in progress46€965€717▼
Taxes, remuneration and social security45€158k€206k▲
Taxes450/3€55k€88k▲
Remuneration and social security454/9€103k€118k▲
Other amounts payable47/48€1.08M€19k▼
Accrued charges and deferred income492/3€153k€278k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€45k€-30k▼
Other operating charges640/8€365€16k▲
Gross operating margin9900€1.53M€1.35M▼
Operating profit (loss)9901€342k€292k▼
Financial income75/76B€34k€17k▼
Recurring financial income75€34k€17k▼
Financial charges65/66B€466€527▲
Recurring financial charges65€466€527▲
Profit (loss) for the period before taxes9903€375k€308k▼
Income taxes67/77€109k€84k▼
Profit (loss) for the period9904€267k€224k▼
Profit (loss) for the period to be appropriated9905€267k€224k▼
Appropriation of the result
Profit (loss) to be appropriated9906€267k€224k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€808k€0▼
Transfer to equity691/2€0€224k▲
To other reserves6921€0€224k▲
Profit to be distributed694/7€1.08M€0▼
Return on contributions (dividend)694€1.08M€0▼
Social balance
Average headcount (FTE)908711.910.8▼
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €200kEq €351k ▲176%
7 profitable years in a row build equity to €351k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €267k ▲8.6%
Operating result €342k, net result €267k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €500kEq €503k ▲36.2%
2 profitable years in a row build equity to €503k.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-01
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.
Directors · office · real estate
Directors
16 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, Mechelen · 1 establishment unit since 2011
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.
Blarenberglaan 3C2800 MechelenGround area
1.6 ha
Building footprint
1,338 m²
Parcel 12402A0114/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vigor
since 20112.198.362.171
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0114/00G000 | Flanders | 1.6 ha | 1 · 1,338 m² | - |
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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LIKE TO USE
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FDM Group
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Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 13,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-03-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.