Vijo
ActiveSummary
Vijo has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €7k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▼-14
Solvency52▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 2.94 in 2023; short-term debt: 33.3% and cash: 19.8% of total assets), but 73.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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 2024Solvency, return and age of the figures
Solvency
26.5%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
50 d early
2022
28 d early
2021
27 d early
2020
26 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€85k▲ 8.7%
2023 · €78k
2018: €45k
2019: €58k▲ +28.6% vs 2018
2020: €60k▲ +3.2% vs 2019
2021: €40k▼ -34.4% vs 2020lowest in 7 years
2022: €65k▲ +64.6% vs 2021
2023: €78k▲ +20.4% vs 2022
2024: €85k▲ +8.7% vs 2023highest in 7 years
2018 → 2024
Total assets
€321k▼ 0.4%
2023 · €322k
2018: €278k
2019: €484k▲ +73.9% vs 2018highest in 7 years
2020: €350k▼ -27.6% vs 2019
2021: €244k▼ -30.5% vs 2020lowest in 7 years
2022: €325k▲ +33.3% vs 2021
2023: €322k▼ -0.8% vs 2022
2024: €321k▼ -0.4% vs 2023
2018 → 2024
Net result
€7k▼ 48.8%
2023 · €13k
2018: €47khighest in 7 years
2019: €13k▼ -72.5% vs 2018
2020: €2k▼ -85.6% vs 2019
2021: €-21k▼ -1211% vs 2020lowest in 7 years
2022: €26k▲ +223% vs 2021
2023: €13k▼ -48.1% vs 2022
2024: €7k▼ -48.8% vs 2023
2018 → 2024
Working capital
€198k▼ 1.5%
2023 · €201k
2018: €178k
2019: €370k▲ +108% vs 2018highest in 7 years
2020: €194k▼ -47.6% vs 2019
2021: €125k▼ -35.7% vs 2020lowest in 7 years
2022: €193k▲ +55.0% vs 2021
2023: €201k▲ +4.1% vs 2022
2024: €198k▼ -1.5% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€40k▼ 34.4%€65k▲ 64.6%€78k▲ 20.4%€85k▲ 8.7%
2020: €60k
2021: €40k▼ -34.4% vs 2020lowest in 5 years
2022: €65k▲ +64.6% vs 2021
2023: €78k▲ +20.4% vs 2022
2024: €85k▲ +8.7% vs 2023highest in 5 years
Operating result€13k-€-13k€35k€26k▼ 25.1%€19k▼ 26.3%
2020: €13k
2021: €-13k▼ -197% vs 2020lowest in 5 years
2022: €35k▲ +379% vs 2021highest in 5 years
2023: €26k▼ -25.1% vs 2022
2024: €19k▼ -26.3% vs 2023
Net result€2k-€-21k€26k€13k▼ 48.1%€7k▼ 48.8%
2020: €2k
2021: €-21k▼ -1211% vs 2020lowest in 5 years
2022: €26k▲ +223% vs 2021highest in 5 years
2023: €13k▼ -48.1% vs 2022
2024: €7k▼ -48.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €321k
Fixed assets
€16k ▼ 7.9%
Current assets
€305k =
Equity and liabilities €321k
Equity
€85k ▲ 8.7%
Debt
€236k ▼ 3.3%
Debt's share of the balance-sheet total falls from 75.7% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €28k
Cash flow
€8k▼
2023 · €15k
Current ratio
2.86▼
2023 · 2.94
Quick ratio
0.64▼
2023 · 0.66
Debt to equity
2.77▼
2023 · 3.11
ROE
8.0%▼
2023 · 16.9%
ROA
2.1%▼
2023 · 4.1%
Interest coverage
2.06▼
2023 · 3.44
Debt ≤ 1 year
€107k▲
2023 · €104k
Debt > 1 year
€129k▼
2023 · €135k
Income taxes
€2k▼
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€322k€321k▼
Fixed assets21/28€17k€16k▼
Tangible fixed assets22/27€17k€16k▼
Land and buildings22€17k€16k▼
Current assets29/58€305k€305k=
Stocks and contracts in progress3€237k€237k=
Stocks30/36€237k€237k=
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€61€3k▲
Cash at bank and in hand54/58€61k€63k▲
Deferred charges and accrued income490/1€15€0▼
Equity and liabilities
Total equity and liabilities10/49€322k€321k▼
Equity10/15€78k€85k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€58k€65k▲
Amounts payable17/49€244k€236k▼
Amounts payable after more than one year17€135k€129k▼
Financial debts170/4€135k€129k▼
Amounts payable within one year42/48€104k€107k▲
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€908€2k▲
Suppliers440/4€908€2k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Other amounts payable47/48€94k€96k▲
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€514€470▼
Gross operating margin9900€28k€21k▼
Operating profit (loss)9901€26k€19k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€18k€9k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€13k€7k▼
Profit (loss) for the period to be appropriated9905€13k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€65k▲
Profit (loss) brought forward from the previous period14P€45k€58k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | €1k | €1k | = |
| Other operating charges640/8 | - | €348 | €649 | €514 | €470 | ▼ 8.5% |
| Gross operating margin9900 | €15k | €-11k | €37k | €28k | €21k | ▼ 24.7% |
| Operating profit (loss)9901 | €13k | €-13k | €35k | €26k | €19k | ▼ 26.3% |
| Financial income75/76B | - | €0 | €0 | €0 | - | - |
| Recurring financial income75 | €0 | €0 | €0 | €0 | - | - |
| Financial charges65/66B | - | €8k | €7k | €8k | €10k | ▲ 25.2% |
| Recurring financial charges65 | €10k | €8k | €7k | €8k | €10k | ▲ 25.2% |
| Profit (loss) for the period before taxes9903 | €3k | €-21k | €28k | €18k | €9k | ▼ 49.0% |
| Income taxes67/77 | €880 | €0 | €3k | €5k | €2k | ▼ 49.6% |
| Profit (loss) for the period9904 | €2k | €-21k | €26k | €13k | €7k | ▼ 48.8% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-21k | €26k | €13k | €7k | ▼ 48.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €350k | €244k | €325k | €322k | €321k | ▼ 0.4% |
| Fixed assets21/28 | €21k | €20k | €18k | €17k | €16k | ▼ 7.9% |
| Tangible fixed assets22/27 | €21k | €20k | €18k | €17k | €16k | ▼ 7.9% |
| Land and buildings22 | - | €20k | €18k | €17k | €16k | ▼ 7.9% |
| Current assets29/58 | €329k | €224k | €306k | €305k | €305k | = |
| Stocks and contracts in progress3 | €313k | €159k | €237k | €237k | €237k | = |
| Stocks30/36 | - | €159k | €237k | €237k | €237k | = |
| Amounts receivable within one year40/41 | €2k | €4k | €2k | €7k | €5k | ▼ 29.3% |
| Trade receivables40 | - | €2k | €2k | €7k | €2k | ▼ 65.8% |
| Other amounts receivable41 | - | €1k | €0 | €61 | €3k | ▲ 4,311% |
| Cash at bank and in hand54/58 | €647 | €58k | €67k | €61k | €63k | ▲ 3.7% |
| Deferred charges and accrued income490/1 | - | €3k | €326 | €15 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €350k | €244k | €325k | €322k | €321k | ▼ 0.4% |
| Equity10/15 | €60k | €40k | €65k | €78k | €85k | ▲ 8.7% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €40k | €19k | €45k | €58k | €65k | ▲ 11.7% |
| Amounts payable17/49 | €290k | €204k | €260k | €244k | €236k | ▼ 3.3% |
| Amounts payable after more than one year17 | €155k | €105k | €142k | €135k | €129k | ▼ 4.6% |
| Financial debts170/4 | - | €105k | €142k | €135k | €129k | ▼ 4.6% |
| Amounts payable within one year42/48 | €135k | €99k | €113k | €104k | €107k | ▲ 2.9% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €7k | €7k | ▼ 6.0% |
| Trade debts44 | €11k | €1k | €1k | €908 | €2k | ▲ 147% |
| Suppliers440/4 | - | €1k | €1k | €908 | €2k | ▲ 147% |
| Taxes, remuneration and social security45 | - | €2k | €4k | €2k | €2k | ▲ 41.0% |
| Taxes450/3 | - | €2k | €4k | €2k | €2k | ▲ 41.0% |
| Other amounts payable47/48 | - | €96k | €100k | €94k | €96k | ▲ 1.6% |
| Accrued charges and deferred income492/3 | - | - | €5k | €5k | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-21k | €26k | €13k | €7k | ▼ 48.8% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €3k | €-19k | €27k | €15k | €8k | ▼ 44.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €57k | €9k | €-6k | €2k | ▲ 139% |
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
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Keerbergen · 1 establishment unit since 2016
Ground area
1,131 m²
Building footprint
235 m²
Volume, LiDAR
1,657 m³
Parcel 24048B0182/00N000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Vijo
since 20162.258.029.247
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0182/00N000 | Flanders | 1,131 m² | 1 · 235 m² | 10.4 m · 2 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.