VIGORA
ActiveThe computed 12-month bankruptcy probability of VIGORA is 1.7% (moderate). The 2025 annual accounts show equity of €64k and a net result of €300k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 11% of 2039 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency33▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.01 in 2024; short-term debt: 78.1% and cash: 46.8% of total assets), and 91.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.1%
Return on assets
37.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 2039 sector peers (2025).
NBB · sector comparisonPosition among 2039 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
57 d early
2023
50 d early
2022
42 d early
2021
60 d early
2020
55 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€300k▲ 91.3%
2024 · €157k
2019: €131k
2020: €288k
2021: €170k
2022: €104k
2023: €261k
2024: €157k
2019 → 2025
Working capital
€-10k
2024 · €4k
2019: €7k
2020: €37k
2021: €19k
2022: €-9k
2023: €26k
2024: €4k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€31k▼ 1.5%€43k▲ 35.5%€50k▲ 16.4%€64k▲ 29.6%
Operating result€232k-€146k▼ 37.2%€359k▲ 146%€285k▼ 20.4%€420k▲ 47.2%
Net result€170k-€104k▼ 38.9%€261k▲ 152%€157k▼ 39.9%€300k▲ 91.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €797k
Fixed assets
€185k▲ 8.7%
Current assets
€612k▲ 15.3%
Equity and liabilities €797k
Equity
€64k▲ 29.6%
Debt
€733k▲ 12.5%
The debt ratio falls from 92.9% to 91.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€432k▲
2024 · €295k
Cash flow
€313k▲
2024 · €166k
Solvency
8.1%▲
2024 · 7.1%
Current ratio
0.98▼
2024 · 1.01
Quick ratio
0.98▼
2024 · 1.01
Debt / equity
11.39▼
2024 · 13.12
ROE
466.9%▲
2024 · 316.3%
ROA
37.7%▲
2024 · 22.4%
Interest coverage
43.26▼
2024 · 49.14
Debt
€733k▲
2024 · €651k
Debt ≤ 1 year
€623k▲
2024 · €527k
Debt > 1 year
€110k▼
2024 · €125k
Income taxes
€110k▼
2024 · €123k
Staff costs
€279k▲
2024 · €269k
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€701k€797k▲
Fixed assets21/28€170k€185k▲
Tangible fixed assets22/27€170k€185k▲
Land and buildings22€158k€153k▼
Plant, machinery and equipment23-€13k
Furniture and vehicles24€11k€19k▲
Financial fixed assets28€250€250=
Current assets29/58€531k€612k▲
Amounts receivable within one year40/41€198k€232k▲
Trade receivables40€198k€232k▲
Current investments50/53€52€28▼
Cash at bank and in hand54/58€328k€373k▲
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€701k€797k▲
Equity10/15€50k€64k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€35k€50k▲
Amounts payable17/49€651k€733k▲
Amounts payable after more than one year17€125k€110k▼
Financial debts170/4€125k€110k▼
Amounts payable within one year42/48€527k€623k▲
Current portion of amounts payable after more than one year42€38k€38k▲
Trade debts44€296k€225k▼
Suppliers440/4€296k€225k▼
Taxes, remuneration and social security45€81k€157k▲
Taxes450/3€81k€157k▲
Other amounts payable47/48€112k€203k▲
Income statement
Code20242025
Remuneration, social security and pensions62€269k€279k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€24k€2k▼
Gross operating margin9900€588k€713k▲
Operating profit (loss)9901€285k€420k▲
Financial income75/76B€1k€9▼
Recurring financial income75€1k€9▼
Financial charges65/66B€6k€10k▲
Recurring financial charges65€6k€10k▲
Profit (loss) for the period before taxes9903€280k€410k▲
Income taxes67/77€123k€110k▼
Profit (loss) for the period9904€157k€300k▲
Profit (loss) for the period to be appropriated9905€157k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€185k€336k▲
Profit (loss) brought forward from the previous period14P€28k€35k▲
Profit to be distributed694/7€150k€286k▲
Return on contributions (dividend)694€150k€286k▲
Social balance
Average headcount (FTE)9087-2.0
The notes to these accounts (13 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
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Highest result since 2019net €300k ▲91.3%
Operating result €420k, net result €300k, both a record.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Weakest financial yearnet €104k ▼38.9%
Net result drops to €104k, the lowest in the series; recovery starts the following year.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
06-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
07-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Etterbeek · 1 establishment unit since 2017
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.
Charles Degrouxstraat 71040 EtterbeekGround area
4,884 m²
Building footprint
1,354 m²
Volume, LiDAR
20,180 m³
2 parcels, Brussels, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VIGORA
since 20172.261.130.079
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0029/00R000 | Flanders | 4,801 m² | 1 · 1,270 m² | 18.4 m · 5 fl. |
| 21005A0505/00F003 | Brussels | 83 m² | 1 · 84 m² | 15.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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K & D
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QUALITY CONSTRUCT FC
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 6,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2017
Fiscal year end30-06
Activities, NACEBEL
33120Repair and maintenance of machinery
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.