VIGOR
ActiveSummary
VIGOR has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€16,421) and a net result of -€246. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▲+5
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.23 in 2024; short-term debt: 149.4% and cash: 16% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-49.4%
Return on assets
-0.7%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€16,421
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
5 d early
2022
40 d early
2021
31 d late
2020
26 d late
2019
31 d late
← 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 3 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€16,421▼ 1.5%
2024 · -€16,175
Total assets
€33,233▼ 15.8%
2024 · €39,487
Net result
-€246▲ 87.3%
2024 · -€1,934
Working capital
-€36,664▲ 14.2%
2024 · -€42,744
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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
Operating result€14,672€19,530▲ 33.1%€24,511▲ 25.5%-€1,481€236
Net result€14,601within the sector's middle half€18,767within the sector's middle half▲ 28.5%€24,017within the sector's middle half▲ 28.0%-€1,934within the sector's middle half-€246within the sector's middle half▲ 87.3%
Equity-€57,026below the sector's middle half▲ 20.4%-€38,258below the sector's middle half▲ 32.9%-€14,241below the sector's middle half▲ 62.8%-€16,175below the sector's middle half▼ 13.6%-€16,421below the sector's middle half▼ 1.5%
Total assets€51,129below the sector's middle half▲ 4.7%€52,830below the sector's middle half▲ 3.3%€49,317below the sector's middle half▼ 6.6%€39,487below the sector's middle half▼ 19.9%€33,233below the sector's middle half▼ 15.8%
Debt€108,154▼ 10.2%€91,088▼ 15.8%€63,558▼ 30.2%€55,662▼ 12.4%€49,654▼ 10.8%
Working capital-€95,697▲ 11.6%-€68,922▲ 28.0%-€49,702▲ 27.9%-€42,744▲ 14.0%-€36,664▲ 14.2%
Solvency-111.5%below the sector's middle half▲ 35.1pp-72.4%below the sector's middle half▲ 39.1pp-28.9%below the sector's middle half▲ 43.5pp-41.0%below the sector's middle half▼ 12.1pp-49.4%below the sector's middle half▼ 8.4pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €236 after a loss of €1,481 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,233
Fixed assets
€20,243 ▼ 23.8%
Current assets
€12,990 ▲ 0.6%
Key figures and ratios
EBITDA
€9,327▲
2024 · €7,410
Cash flow
€8,845▲
2024 · €6,957
Current ratio
0.26▲
2024 · 0.23
Quick ratio
0.21▲
2024 · 0.14
Debt to equity
-3.02▲
2024 · -3.44
ROA
-0.7%▲
2024 · -4.9%
Interest coverage
129.54▲
2024 · 102.91
Debt ≤ 1 year
€49,654▼
2024 · €55,662
Income taxes
€410▲
2024 · €398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,798 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 2.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 2,798 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,350 | €6,808 | €6,103 | €8,891 | €9,091 | ▲ 2.2% |
| Other operating charges640/8 | €1,207 | €1,235 | €1,255 | €1,300 | €1,341 | ▲ 3.1% |
| Gross operating margin9900 | €25,229 | €27,574 | €31,869 | €8,710 | €10,668 | ▲ 22.5% |
| Operating profit (loss)9901 | €14,672 | €19,530 | €24,511 | -€1,481 | €236 | ▲ 116% |
| Financial income75/76B | €1 | - | - | €18 | - | - |
| Recurring financial income75 | €1 | - | - | €18 | - | - |
| Financial charges65/66B | €72 | €76 | €109 | €72 | €72 | = |
| Recurring financial charges65 | €72 | €76 | €109 | €72 | €72 | = |
| Profit (loss) for the period before taxes9903 | €14,601 | €19,454 | €24,401 | -€1,535 | €164 | ▲ 111% |
| Income taxes67/77 | - | €687 | €384 | €398 | €410 | ▲ 2.8% |
| Profit (loss) for the period9904 | €14,601 | €18,767 | €24,017 | -€1,934 | -€246 | ▲ 87.3% |
| Profit (loss) for the period to be appropriated9905 | €14,601 | €18,767 | €24,017 | -€1,934 | -€246 | ▲ 87.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,129 | €52,830 | €49,317 | €39,487 | €33,233 | ▼ 15.8% |
| Fixed assets21/28 | €38,671 | €30,664 | €35,461 | €26,569 | €20,243 | ▼ 23.8% |
| Tangible fixed assets22/27 | €38,671 | €30,664 | €35,461 | €26,569 | €20,243 | ▼ 23.8% |
| Land and buildings22 | €4,947 | €4,935 | €4,923 | €2,480 | €36 | ▼ 98.6% |
| Plant, machinery and equipment23 | €32,061 | €24,364 | €29,472 | €23,323 | €19,739 | ▼ 15.4% |
| Assets under construction and advance payments27 | €1,663 | €1,364 | €1,066 | €767 | €468 | ▼ 39.0% |
| Current assets29/58 | €12,457 | €22,166 | €13,856 | €12,918 | €12,990 | ▲ 0.6% |
| Stocks and contracts in progress3 | €7,330 | €10,257 | €4,498 | €5,139 | €2,630 | ▼ 48.8% |
| Stocks30/36 | €7,330 | €10,257 | €4,498 | €5,139 | €2,630 | ▼ 48.8% |
| Amounts receivable within one year40/41 | €4,039 | €3,933 | €1,726 | €2,288 | €2,927 | ▲ 27.9% |
| Trade receivables40 | €3,230 | €3,933 | €1,726 | €1,168 | €2,854 | ▲ 144% |
| Other amounts receivable41 | €809 | - | - | €1,120 | €73 | ▼ 93.4% |
| Cash at bank and in hand54/58 | €538 | €7,976 | €7,632 | €3,347 | €5,324 | ▲ 59.1% |
| Deferred charges and accrued income490/1 | €551 | - | - | €2,144 | €2,109 | ▼ 1.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,129 | €52,830 | €49,317 | €39,487 | €33,233 | ▼ 15.8% |
| Equity10/15 | -€57,026 | -€38,258 | -€14,241 | -€16,175 | -€16,421 | ▼ 1.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | €20,000 | €20,000 | - | - | - | - |
| Issued capital100 | €20,000 | €20,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€77,026 | -€58,258 | -€34,241 | -€36,175 | -€36,421 | ▼ 0.7% |
| Amounts payable17/49 | €108,154 | €91,088 | €63,558 | €55,662 | €49,654 | ▼ 10.8% |
| Amounts payable within one year42/48 | €108,154 | €91,088 | €63,558 | €55,662 | €49,654 | ▼ 10.8% |
| Trade debts44 | €115 | €2,451 | €1,139 | €1,438 | €1,470 | ▲ 2.2% |
| Suppliers440/4 | €115 | €2,451 | €1,139 | €1,438 | €1,470 | ▲ 2.2% |
| Advances received on contracts in progress46 | - | €1,779 | - | - | - | - |
| Taxes, remuneration and social security45 | €650 | €1,155 | €1,734 | €398 | €410 | ▲ 2.8% |
| Taxes450/3 | €650 | €1,155 | €1,734 | €398 | €410 | ▲ 2.8% |
| Other amounts payable47/48 | €107,389 | €85,704 | €60,685 | €53,826 | €47,774 | ▼ 11.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,601 | €18,767 | €24,017 | -€1,934 | -€246 | ▲ 87.3% |
| + Depreciation and write-downs630 | €9,350 | €6,808 | €6,103 | €8,891 | €9,091 | ▲ 2.2% |
| Operating cash flow (approximation) | €23,951 | €25,575 | €30,120 | €6,957 | €8,845 | ▲ 27.1% |
| Investment in fixed assets (approximation) | - | €1,200 | -€10,900 | €0 | -€2,765 | - |
| Change in cash | - | €7,437 | -€343 | -€4,285 | €1,977 | ▲ 146% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€1,934
Net result drops to -€1,934, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €24,017 ▲28%
Operating result €24,511, net result €24,017, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €14,601
Net result €14,601 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Halen · 1 establishment unit since 2006
Ground area
2,105 m²
Building footprint
888 m²
Volume, LiDAR
3,750 m³
Parcel 71422B0751/00A002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vigor
since 20062.154.611.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71422B0751/00A002 | Flanders | 2,105 m² | 1 · 888 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHalen2.154.611.708
Similar companies · same sector and region
Agro Hondsummerveld
BE 0773.573.218
Halen
ASBRONHOEVE
BE 0875.649.385
Halen
Maatschap JACOBS VALERE EN TONY
BE 0547.861.443
Halen
Toelen
BE 1021.253.414
Halen
'T HEREND
BE 0461.343.381
Gingelom
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,169 companies in sector 01110 we hold annual accounts for 614. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
82990Other business support services
46211Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
63920Other information service activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880531059
Also
9925:BE0880531059
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.