Equity
VIMAVI paid out €30,000 in dividends. That is 136% of the 2025 profit.
VIMAVI paid out €30,000 in dividends. That is 136% of the 2025 profit.
The micro format states no turnover.
Of this, €58,621 falls due within a year.
Green is investment, beige is depreciation.
2026 accounts not filed: deadline was 31-10-2026.
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 56, micro). It does better than 48% of them on solvency, 56% on liquidity, 70% on profitability and 29% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,713 companies had the same profile as VIMAVI has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VIMAVI itself is higher: 5.1% within 12 months. It rests on far more data about VIMAVI than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for VIMAVI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.83 (1.02 in 2024), below 1. Short-term debt is 31.1% and cash 12.8% of total assets. 73.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 18 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VIMAVI Merchtem | €188,695 | €72,247 | 26.6% | - |
| Thai Café Wemmel Wemmel | €174,382 | €69,965 | -300.7% | 5.3 |
| Pp Kessel-Lo Leuven | €166,283 | €83,134 | 92.2% | - |
| HEUVELZON Tielt-Winge | €161,332 | €79,745 | 31.1% | - |
| JUNIVE Bruges | €200,374 | €75,131 | 61.6% | - |
| Lorré Wichelen | €187,545 | €66,704 | 23.7% | - |
| SABOR LATINO II Sint-Gillis (bij-Brussel) | €201,291 | €77,568 | 80.9% | - |
These companies have the same main activity as VIMAVI: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €161,000 and €201,000, founded between 2020 and 2021.
VIMAVI files the micro format. That format states no turnover. The gross margin rose from €19,879 in 2022 to €72,247 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €190,000 and €310,000.
Higher than 47% of 17,145 companies in 2025.
Higher than 39% of 16,571 companies in 2025.
Higher than 67% of 16,654 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 36 people joined and 37 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
188,695 | 192,912 | 129,755 | 73,966 | |
21/28 |
139,948 | 118,077 | 106,797 | 47,870 | |
21 |
23,775 | 30,444 | 37,114 | 38,591 | |
22/27 |
116,173 | 87,633 | 69,683 | 9,279 | |
22 |
22,355 | 24,133 | 25,910 | - | |
23 |
47,659 | 58,610 | 37,720 | 532 | |
24 |
46,159 | 4,890 | 6,053 | 8,747 | |
29/58 |
48,747 | 74,835 | 22,958 | 26,096 | |
3 |
6,503 | 8,343 | 5,923 | 4,585 | |
30/36 |
6,503 | 8,343 | 5,923 | 4,585 | |
40/41 |
15,293 | 21,729 | 7,750 | 10,992 | |
40 |
3,379 | 2,505 | 324 | 211 | |
41 |
11,914 | 19,224 | 7,427 | 10,781 | |
54/58 |
24,067 | 42,820 | 8,311 | 9,583 | |
490/1 |
2,885 | 1,944 | 974 | 936 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
188,695 | 192,912 | 129,755 | 73,966 | |
10/15 |
50,213 | 58,124 | 14,220 | 7,454 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
13 |
48,213 | 56,124 | 12,220 | - | |
133 |
48,213 | 56,124 | 12,220 | - | |
14 |
- | - | - | 5,454 | |
17/49 |
138,482 | 134,788 | 115,535 | 66,512 | |
17 |
79,861 | 61,127 | 76,682 | 29,199 | |
170/4 |
79,861 | 61,127 | 76,682 | 29,199 | |
42/48 |
58,621 | 73,661 | 38,853 | 37,313 | |
42 |
27,284 | 15,056 | 14,115 | 4,843 | |
44 |
13,862 | 31,632 | 22,818 | 23,847 | |
440/4 |
13,862 | 31,632 | 22,818 | 23,847 | |
46 |
- | - | - | 24 | |
45 |
605 | 16,615 | 1,287 | 3,506 | |
450/3 |
513 | 16,540 | 1,287 | 3,506 | |
454/9 |
92 | 74 | - | - | |
47/48 |
16,870 | 10,359 | 634 | 5,094 | |
| Income statement | |||||
76A |
2,066 | - | - | - | |
9900 |
72,247 | 89,236 | 29,524 | 19,879 | |
62 |
3,129 | 3,135 | 2,455 | 2,234 | |
630 |
31,502 | 21,404 | 14,608 | 6,351 | |
640/8 |
745 | 872 | 668 | 1,120 | |
9901 |
36,871 | 63,825 | 11,793 | 10,173 | |
75/76B |
1 | 0 | - | 28 | |
75 |
1 | 0 | - | 28 | |
65/66B |
6,589 | 4,334 | 3,747 | 1,717 | |
65 |
6,589 | 4,334 | 3,747 | 1,717 | |
9903 |
30,282 | 59,491 | 8,046 | 8,485 | |
67/77 |
8,193 | 15,587 | 1,281 | 3,030 | |
9904 |
22,089 | 43,904 | 6,765 | 5,454 | |
9905 |
22,089 | 43,904 | 6,765 | 5,454 | |
| Appropriation of the result | |||||
9906 |
22,089 | 43,904 | 12,220 | 5,454 | |
14P |
- | - | 5,454 | - | |
791/2 |
30,000 | - | - | - | |
691/2 |
22,089 | 43,904 | 12,220 | - | |
6921 |
22,089 | 43,904 | 12,220 | - | |
694/7 |
30,000 | - | - | - | |
694 |
30,000 | - | - | - | |
| Social balance sheet | |||||
9087 |
- | 1 | 21.4 | 0.1 | |
Hours worked1013 |
- | 114 | 135 | 101 | |
| Document | |||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 11-01-2026.
2025 annual accounts filed 72 days after the deadline. Filed on 11 January 2026, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2026-00005548.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 68,373 | 85,229 | 26,401 | 16,524 | ||
| 53,591 | 65,308 | 21,373 | 11,805 | ||
| 53,373 | 32,684 | 73,534 | 54,221 | ||
| -18,753 | 34,509 | -1,272 | - | ||
| -9,873 | 1,174 | -15,895 | -11,217 | ||
| 26.6% | 30.1% | 11.0% | 10.1% | ||
| 0.83 | 1.02 | 0.59 | 0.70 | ||
| 0.72 | 0.90 | 0.44 | 0.58 | ||
| 2.76 | 2.32 | 8.13 | 8.92 | ||
| 44.0% | 75.5% | 47.6% | 73.2% | ||
| 11.7% | 22.8% | 5.2% | 7.4% | ||
| 10.38 | 19.66 | 7.05 | 9.63 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | - | - |
| part-time | - | 1 | - | - |
| in full-time equivalents | - | 0.6 | - | - |
| - | 0.6 | 21.4 | 0.1 | |
| Joined | 36 | 27 | 27 | 22 |
| Left | 37 | 26 | 27 | 23 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €53,373 | €32,684 | €68,758 | €14,221 |
| Intangible fixed assets | - | - | €4,776 | €40,000 |
| €31,502 | €21,404 | €14,608 | €6,351 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 42% lower than in 2024.
Debt's share of the balance-sheet total rises from 69.9% to 73.4%. Equity is lower and debt is higher.
VIMAVI has no parent and no holdings in its annual accounts. VIMAVI shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
VIMAVI was incorporated on 30 November 2020 as a private limited company by two natural persons, with a starting capital of €2,000.12 The board currently has 2 members, 2 of whom have served since 2020.3 Total assets rose from €73,966 in 2022 to €188,695 in 2025 and headcount from 0.1 full-time equivalents in 2022 to 1 in 2024.4
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Romeinsebaan 32 registered office 1785 Merchtem | 30-11-2020 | 2.310.644.324 | Retail trade Restaurant Buyer of raw cow’s milk |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23012G0480/00A000 | 941 m² | 1 · 245 m² | 8.4 m · 2 |
If something looks wrong or is missing, please tell us.