VIJVERMAN

Active

Private limited companyfounded 2006active for 20 yearsStaatsbaan 304, 9870 Zulte, BelgiumKBO/BCE: BE 0878.658.068

Summary

VIJVERMAN has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €223,222. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 51% of 9,799 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

VIJVERMANActiveChecked score 85/100

Risk analysis Report Compare

Activity

Joinery installation

NACE 43320

10th largest employer in Zulte, Construction sector2 sites

Size

€3.0mtotal assets 2025

Staff: 13.5 FTE
Equity: €1.3m
Profit: €223,222

Financial health

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: VYKA HOLDING · 90%

VYKA HOLDINGDirector · permanent representative Karel VYVERMAN

2025 accounts 1 day early1 of 5 deeds summarised

Why 85raises riskSector: Specialised construction activities (NACE 43)Size: 13.5 FTE, total assets €3.0mlowers riskFounded in 2006Profit of €223,222 (financial year 2025)Show the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 65% of its sector peers (NACE 43, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 70+6

equity 44.7% of total assets

Liquidity 49-1

short-term debt 18.2% · cash 2.9%

Profitability 78+4

return on assets 7.5%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,646 companies, NACE 43, small)

Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.3 percentage points vs 01-2025 03-2025: 0.3%▼ -0.4 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.5%▲ +0.1 percentage points vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%▲ +0.4 percentage points vs 01-2026highest value 03-2026: 0.3%▼ -0.7 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026

Credit of up to €110,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.3, compared with 2.42 in 2024, above the usual 1.5; short-term debt: 18.2% and cash: 2.9% of total assets), but 55.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 60% on solvency, 56% on liquidity, 66% on profitability and 76% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.

lowers riskraises riskneutral

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Specialised construction activities (NACE 43)

KBO

Profit of €223,222 (financial year 2025)

NBB · annual accounts

Size: 13.5 FTE, total assets €3.0m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

1 day early

2024

3 days late

2023

10 days late

2022

1 day late

2021

on the day

2020

2 days early

2019

4 days 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 1 day after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 February (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end24-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-01-2026 Annual accounts filedfinancial year 2025 · abbreviated…
03-02-2025 Annual accounts filedfinancial year 2024 · abbreviated…
30-06-2024 Equity above €1mequity €1.1m ▲13%

Key points

Positive: Result rose in 2025from €126,715 to €223,222 ▲ 76.2% View
Positive: Among the best 10% on equitysector median €253,128 · 9,801 companies €1.3m View
Controlled by VYKA HOLDING 90% View
Positive: 7 profitable years in a rowprofit 2025: €223,222 7 years View

By topic

Financials

Financial year: 2025
Total assets: €3.0m
Profit: €223,222
Solvency: 44.7%

Total assets▲ 5.1%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member
Parent: VYKA HOLDING · 90%

VYKA HOLDINGDirector

Go to Board & ownership

Timeline

Events: 23
Since: 2008
Next accounts: by 31-01-2027

16-02-2024Annual accounts filed
10-02-2024Annual accounts filed
21-12-2023Resignation: VYKA HOLDING (director)

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Joinery installationNACE 43320
Founded: 06-01-2006
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Who signs: Each director alone
Annual meeting: First Friday of December at 17:00

Go to Articles of association

Key facts about VIJVERMAN

What is the company number of VIJVERMAN?: 0878.658.068. In Belgium the VAT number is the company number with BE in front: BE 0878.658.068.
Where is VIJVERMAN based?: The registered office is at Staatsbaan 304, 9870 Zulte.Company details
What does VIJVERMAN do?: According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of VIJVERMAN?: Private limited company (BV).
When was VIJVERMAN founded?: On 06-01-2006.
Is VIJVERMAN still active?: Yes, VIJVERMAN is an active enterprise in the KBO register.
How many employees does VIJVERMAN have?: On average 13.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VIJVERMAN?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VIJVERMAN profitable?: In financial year 2025, VIJVERMAN made a profit of €223,222.
Where can I find the annual accounts of VIJVERMAN?: VIJVERMAN filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VIJVERMAN due?: By 31-01-2027, for financial year 2026.Timeline