VILADCO
ActiveSummary
VILADCO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €-20k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-81
Solvency60▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 3.09 in 2024; short-term debt: 56.1% and cash: 5% of total assets), but 65.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
34.9%
Return on assets
-8.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-03-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
28 d early
2023
48 d early
2022
17 d early
2021
40 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 19.6%
2024 · €104k
2018: €14klowest in 8 years
2019: €39k▲ +178% vs 2018
2020: €28k▼ -26.9% vs 2019
2021: €61k▲ +116% vs 2020
2022: €63k▲ +3.3% vs 2021
2023: €61k▼ -3.2% vs 2022
2024: €104k▲ +70.3% vs 2023highest in 8 years
2025: €84k▼ -19.6% vs 2024
2018 → 2025
Total assets
€240k▼ 11.0%
2024 · €270k
2018: €305k
2019: €302k▼ -1.1% vs 2018
2020: €175k▼ -42.1% vs 2019lowest in 8 years
2021: €348k▲ +99.0% vs 2020highest in 8 years
2022: €287k▼ -17.4% vs 2021
2023: €244k▼ -15.1% vs 2022
2024: €270k▲ +10.7% vs 2023
2025: €240k▼ -11.0% vs 2024
2018 → 2025
Net result
€-20k
2024 · €43k
2018: €7k
2019: €25k▲ +279% vs 2018
2020: €-10k▼ -142% vs 2019
2021: €33k▲ +415% vs 2020
2022: €2k▼ -93.9% vs 2021
2023: €8k▲ +294% vs 2022
2024: €43k▲ +446% vs 2023highest in 8 years
2025: €-20k▼ -147% vs 2024lowest in 8 years
2018 → 2025
Working capital
€93k▼ 45.7%
2024 · €171k
2018: €127k
2019: €131k▲ +3.6% vs 2018
2020: €90k▼ -31.1% vs 2019lowest in 8 years
2021: €168k▲ +85.6% vs 2020
2022: €127k▼ -24.3% vs 2021
2023: €124k▼ -2.4% vs 2022
2024: €171k▲ +38.1% vs 2023highest in 8 years
2025: €93k▼ -45.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€63k▲ 3.3%€61k▼ 3.2%€104k▲ 70.3%€84k▼ 19.6%
2021: €61klowest in 5 years
2022: €63k▲ +3.3% vs 2021
2023: €61k▼ -3.2% vs 2022lowest in 5 years
2024: €104k▲ +70.3% vs 2023highest in 5 years
2025: €84k▼ -19.6% vs 2024
Operating result€38k-€2k▼ 93.8%€11k▲ 382%€58k▲ 422%€-24k
2021: €38k
2022: €2k▼ -93.8% vs 2021
2023: €11k▲ +382% vs 2022
2024: €58k▲ +422% vs 2023highest in 5 years
2025: €-24k▼ -142% vs 2024lowest in 5 years
Net result€33k-€2k▼ 93.9%€8k▲ 294%€43k▲ 446%€-20k
2021: €33k
2022: €2k▼ -93.9% vs 2021
2023: €8k▲ +294% vs 2022
2024: €43k▲ +446% vs 2023highest in 5 years
2025: €-20k▼ -147% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €58k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €240k
Fixed assets
€13k ▼ 24.6%
Current assets
€228k ▼ 10.1%
Equity and liabilities €240k
Equity
€84k ▼ 19.6%
Debt
€156k ▼ 5.6%
Debt's share of the balance-sheet total rises from 61.3% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-20k▼
2024 · €62k
Cash flow
€-16k▼
2024 · €46k
Current ratio
1.69▼
2024 · 3.09
Quick ratio
1.11▼
2024 · 2.10
Debt to equity
1.86▲
2024 · 1.59
ROE
-24.3%▼
2024 · 41.3%
ROA
-8.5%▼
2024 · 16.0%
Interest coverage
-14.03▼
2024 · 40.22
Debt ≤ 1 year
€135k▲
2024 · €82k
Debt > 1 year
€21k▼
2024 · €42k
Income taxes
€0▼
2024 · €15k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€270k€240k▼
Fixed assets21/28€17k€13k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€13k€10k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€7k€5k▼
Financial fixed assets28€0-
Current assets29/58€253k€228k▼
Stocks and contracts in progress3€81k€78k▼
Stocks30/36€81k€78k▼
Amounts receivable within one year40/41€154k€119k▼
Trade receivables40€109k€28k▼
Other amounts receivable41€44k€91k▲
Cash at bank and in hand54/58€17k€12k▼
Deferred charges and accrued income490/1€860€20k▲
Equity and liabilities
Total equity and liabilities10/49€270k€240k▼
Equity10/15€104k€84k▼
Contributions10/11€12k€12k=
Reserves13€92k€72k▼
Distributable reserves133€92k€72k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€166k€156k▼
Amounts payable after more than one year17€42k€21k▼
Financial debts170/4€42k€21k▼
Amounts payable within one year42/48€82k€135k▲
Current portion of amounts payable after more than one year42€24k€20k▼
Trade debts44€34k€110k▲
Suppliers440/4€34k€110k▲
Taxes, remuneration and social security45€23k€4k▼
Taxes450/3€23k€4k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€42k€297▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k€0▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€65k€-17k▼
Operating profit (loss)9901€58k€-24k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€59k€-20k▼
Income taxes67/77€15k€0▼
Profit (loss) for the period9904€43k€-20k▼
Profit (loss) for the period to be appropriated9905€43k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-20k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€20k
Transfer to equity691/2€43k€0▼
To other reserves6921€43k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €893 | €2k | €2k | €3k | €4k | ▲ 29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1k | €9k | €2k | €3k | ▲ 56.7% |
| Gross operating margin9900 | €39k | €5k | €23k | €65k | €-17k | ▼ 126% |
| Operating profit (loss)9901 | €38k | €2k | €11k | €58k | €-24k | ▼ 142% |
| Financial income75/76B | - | €1k | €994 | €2k | €5k | ▲ 198% |
| Recurring financial income75 | €50 | €1k | €994 | €2k | €5k | ▲ 198% |
| Financial charges65/66B | - | €2k | €4k | €2k | €1k | ▼ 6.4% |
| Recurring financial charges65 | €2k | €2k | €4k | €2k | €1k | ▼ 6.4% |
| Profit (loss) for the period before taxes9903 | €35k | €2k | €8k | €59k | €-20k | ▼ 135% |
| Income taxes67/77 | €2k | €0 | - | €15k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €33k | €2k | €8k | €43k | €-20k | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | €33k | €2k | €8k | €43k | €-20k | ▼ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348k | €287k | €244k | €270k | €240k | ▼ 11.0% |
| Fixed assets21/28 | €4k | €7k | €5k | €17k | €13k | ▼ 24.6% |
| Intangible fixed assets21 | - | - | - | €4k | €3k | ▼ 22.9% |
| Tangible fixed assets22/27 | €4k | €6k | €4k | €13k | €10k | ▼ 25.1% |
| Plant, machinery and equipment23 | - | €646 | €323 | €6k | €5k | ▼ 20.1% |
| Furniture and vehicles24 | - | €6k | €4k | €7k | €5k | ▼ 29.6% |
| Financial fixed assets28 | €750 | €750 | €750 | €0 | - | - |
| Current assets29/58 | €343k | €280k | €239k | €253k | €228k | ▼ 10.1% |
| Stocks and contracts in progress3 | €89k | €105k | €106k | €81k | €78k | ▼ 4.7% |
| Stocks30/36 | - | €105k | €106k | €81k | €78k | ▼ 4.7% |
| Amounts receivable within one year40/41 | €141k | €110k | €74k | €154k | €119k | ▼ 22.8% |
| Trade receivables40 | - | €84k | €44k | €109k | €28k | ▼ 74.5% |
| Other amounts receivable41 | - | €26k | €30k | €44k | €91k | ▲ 104% |
| Cash at bank and in hand54/58 | €113k | €65k | €58k | €17k | €12k | ▼ 31.1% |
| Deferred charges and accrued income490/1 | - | €143 | €711 | €860 | €20k | ▲ 2,172% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348k | €287k | €244k | €270k | €240k | ▼ 11.0% |
| Equity10/15 | €61k | €63k | €61k | €104k | €84k | ▼ 19.6% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €49k | €49k | €49k | €92k | €72k | ▼ 22.2% |
| Distributable reserves133 | - | €49k | €49k | €92k | €72k | ▼ 22.2% |
| Profit (loss) carried forward14 | €0 | €2k | €0 | €0 | - | - |
| Amounts payable17/49 | €287k | €224k | €183k | €166k | €156k | ▼ 5.6% |
| Amounts payable after more than one year17 | €111k | €71k | €68k | €42k | €21k | ▼ 48.8% |
| Financial debts170/4 | - | €71k | €68k | €42k | €21k | ▼ 48.8% |
| Amounts payable within one year42/48 | €175k | €153k | €115k | €82k | €135k | ▲ 64.4% |
| Current portion of amounts payable after more than one year42 | - | €36k | €28k | €24k | €20k | ▼ 17.0% |
| Trade debts44 | €147k | €117k | €76k | €34k | €110k | ▲ 222% |
| Suppliers440/4 | - | €117k | €76k | €34k | €110k | ▲ 222% |
| Taxes, remuneration and social security45 | - | €0 | €4k | €23k | €4k | ▼ 81.7% |
| Taxes450/3 | - | €0 | €852 | €23k | €4k | ▼ 81.7% |
| Remuneration and social security454/9 | - | - | €3k | €0 | - | - |
| Other amounts payable47/48 | - | - | €7k | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €42k | €297 | ▼ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €2k | €8k | €43k | €-20k | ▼ 147% |
| + Depreciation and write-downs630 | €893 | €2k | €2k | €3k | €4k | ▲ 29.0% |
| Operating cash flow (approximation) | €34k | €4k | €10k | €46k | €-16k | ▼ 135% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €-15k | €0 | ▲ 100% |
| Change in cash | - | €-48k | €-6k | €-41k | €-5k | ▲ 86.8% |
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
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €43k ▲446%
Operating result €58k, net result €43k, both a record.
30-09
Financial
Equity above €100kEq €104k ▲70.3%
4 profitable years in a row build equity to €104k.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Geel · 1 establishment unit since 2013
Ground area
1,050 m²
Building footprint
212 m²
Volume, LiDAR
690 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Viladco
since 20132.225.762.691
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375N0414/00S000 | Flanders | 570 m² | 1 · 103 m² | 10.0 m · 2 fl. |
| 13375N0415/00C002 | Flanders | 480 m² | 1 · 109 m² | - |
Linked by address, not proof of ownership
Good to know
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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ELECTRO SAMET
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Of 977 companies in sector 46431 we hold annual accounts for 705. 471 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
Founded23-12-2013
Fiscal year end30-09
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
47400Retail sale of information and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.