VIKING
ActiveVIKING has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.24M and a net result of €246k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 89% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity ample (current ratio 3.66 against 7.95 in 2024; short-term debt: 17.5% and cash: 37.5% of total assets), and 17.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
82.5%
Return on assets
6.3%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
29 d late
2022
5 d early
2021
80 d late
2020
31 d late
2019
70 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.24M▼ 3.8%
2024 · €3.37M
2018: €1.31M
2019: €1.58M
2020: €1.95M
2021: €2.50M
2022: €2.86M
2023: €3.05M
2024: €3.37M
2018 → 2025
Total assets
€3.93M▲ 5.4%
2024 · €3.73M
2018: €1.59M
2019: €2.17M
2020: €2.49M
2021: €2.87M
2022: €3.34M
2023: €3.44M
2024: €3.73M
2018 → 2025
Net result
€246k▼ 22.4%
2024 · €317k
2018: €321k
2019: €267k
2020: €373k
2021: €555k
2022: €361k
2023: €188k
2024: €317k
2018 → 2025
Working capital
€1.83M▼ 24.7%
2024 · €2.42M
2018: €1.02M
2019: €1.33M
2020: €1.80M
2021: €2.43M
2022: €2.02M
2023: €2.01M
2024: €2.42M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.50M-€2.86M▲ 14.4%€3.05M▲ 6.6%€3.37M▲ 10.4%€3.24M▼ 3.8%
Operating result€822k-€497k▼ 39.5%€266k▼ 46.5%€466k▲ 75.3%€342k▼ 26.7%
Net result€555k-€361k▼ 35.0%€188k▼ 48.0%€317k▲ 69.0%€246k▼ 22.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.93M
Fixed assets
€1.42M▲ 48.2%
Current assets
€2.51M▼ 9.4%
Equity and liabilities €3.93M
Equity
€3.24M▼ 3.8%
Debt
€687k▲ 91.2%
The debt ratio rises from 9.6% to 17.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€509k▼
2024 · €599k
Cash flow
€413k▼
2024 · €450k
Solvency
82.5%▼
2024 · 90.4%
Current ratio
3.66▼
2024 · 7.95
Quick ratio
3.66▼
2024 · 7.95
Debt / equity
0.21▲
2024 · 0.11
ROE
7.6%▼
2024 · 9.4%
ROA
6.3%▼
2024 · 8.5%
Interest coverage
58.05▼
2024 · 61.78
Debt
€687k▲
2024 · €359k
Debt ≤ 1 year
€687k▲
2024 · €349k
Income taxes
€93k▼
2024 · €143k
Staff costs
€414k▲
2024 · €344k
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€3.73M€3.93M▲
Fixed assets21/28€957k€1.42M▲
Tangible fixed assets22/27€957k€1.42M▲
Land and buildings22€573k€596k▲
Plant, machinery and equipment23€211k€224k▲
Furniture and vehicles24€173k€598k▲
Current assets29/58€2.77M€2.51M▼
Amounts receivable after more than one year29€350k€350k=
Other amounts receivable291€350k€350k=
Amounts receivable within one year40/41€696k€594k▼
Trade receivables40€652k€444k▼
Other amounts receivable41€44k€150k▲
Cash at bank and in hand54/58€1.56M€1.47M▼
Deferred charges and accrued income490/1€167k€95k▼
Equity and liabilities
Total equity and liabilities10/49€3.73M€3.93M▲
Equity10/15€3.37M€3.24M▼
Contributions10/11€13k€13k=
Reserves13€3.36M€3.23M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€3.36M€3.23M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€359k€687k▲
Amounts payable within one year42/48€349k€687k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€254k€234k▼
Suppliers440/4€254k€234k▼
Taxes, remuneration and social security45€95k€66k▼
Taxes450/3€64k€32k▼
Remuneration and social security454/9€30k€34k▲
Other amounts payable47/48€0€387k▲
Accrued charges and deferred income492/3€11k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€75k
Remuneration, social security and pensions62€344k€414k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€167k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€44k
Other operating charges640/8€53k€48k▼
Gross operating margin9900€996k€1.02M▲
Operating profit (loss)9901€466k€342k▼
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€460k€339k▼
Income taxes67/77€143k€93k▼
Profit (loss) for the period9904€317k€246k▼
Profit (loss) for the period to be appropriated9905€317k€246k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.88M€246k▼
Profit (loss) brought forward from the previous period14P€1.56M€0▼
Transfer from equity791/2-€373k
Transfer to equity691/2€1.88M€246k▼
To other reserves6921€1.88M€246k▼
Profit to be distributed694/7-€373k
Return on contributions (dividend)694-€373k
Social balance
Average headcount (FTE)90876.16.3▲
The notes to these accounts (22 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €188k ▼48%
Net result drops to €188k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 80 days late
2021
31-12
Financial
Highest result since 2018net €555k ▲49.1%
Operating result €822k, net result €555k, both a record.
31-12
Financial
Equity above €2MEq €2.50M ▲28.5%
4 profitable years in a row build equity to €2.50M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Liedekerke · 1 establishment unit since 2004
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.
Nijverheidszone 'Begijnenmeers' 401770 LiedekerkeGround area
3,383 m²
Building footprint
637 m²
Volume, LiDAR
6,131 m³
Parcel 23044A0062/00G000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VIKING
since 20042.137.007.295
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0062/00G000 | Flanders | 3,383 m² | 1 · 637 m² | 10.9 m · 3 fl. |
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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
maeyaert aannemingen
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EECKHAUT
BE 0455.315.921
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GRONDWERKEN CREYNS GUIDO & ZN
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Bree · Eq €3.22M
VAN GHELUWE GROND- EN AFBRAAKWERKEN
BE 0870.916.379
Deinze · Eq €3.22M
GRONDWERKEN OORTS
BE 0459.167.811
Wijnegem · Eq €3.20M
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2004
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
45112
01410Raising of dairy cattle
43110Demolition
45111
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.