Equity
-€43,682
Debts exceed assets in financial year 2026.
VIRCEL
Lifetime
2 annual accounts with figures on one time axispeak €113,344 (2025)
-€9,943▼ €123,287
lowest -€63,083 (2026)
-€63,083▼ €77,484
peak €19,401 (2025)
-€43,682▼ €63,083
€516,647▼ 0.6%
Board2 names since 2024
2 directorsBERTIAUX Cécile Stéphanie Juliette and 1 other
Documentsfilings and deeds
20-10-202641 days before the deadline
2026abbreviated format
Gross margin from €113,344 to -€9,943Loss of €63,083Equity from €19,401 to -€43,682Cash from €15,841 to €149
Key points
from the 2026 annual accountsResult
-€63,083 -€63,083
From profit to loss in 2026, after a profit of €14,401 in 2025.
Debts
€516,647 109% of the balance sheet
After one year 99%Within one year 1%
Of this, €4,188 falls due within a year.
Liquidity
0.47 was 2.16 in 2025
Short-term debts fell from €7,386 to €4,188.
Starting capital
€5,000 100 shares
Position in the sector
-€63,083
Lower net result than 95% of companies in head offices and management consultancy. Sector median €43,793 · 569 companies.
Checked score
53
Fair
Financially stronger than 13% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.4%
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.2%▼ -0.2 percentage points vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 1.0%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 1.0%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.47, cash €149, halved
Negative equity -€43,682
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €472,965
Calculation
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 70, micro). It does better than 7% of them on solvency, 35% on liquidity, 8% on profitability and 1% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-04-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 490 companies had the same profile as VIRCEL has now. Each dot is one company, two years later.
88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VIRCEL itself is lower: 1.0% within 12 months. It rests on far more data about VIRCEL than the profile alone.
Test of the method
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 490 companies, not a prediction for VIRCEL. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.47 (2.16 in 2025), below 1. Short-term debt is 0.9% and cash 0% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
2526
2025 to 2026 · latest year -€43,682
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 20-10-2026, 41 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
41 days early
2025
97 days early
← before the deadline
after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-04-2027 and is due by 30-11-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-04-2027 year end30-11-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007464368
Incorporation
Founding capital of €5,000, 100 shares · Founder: BERTIAUX Cécile Stéphanie Juliette · Appointments: BERTIAUX Cécile Stéphanie Juliette (director) and LAURENT Emmanuel (director) · published on 26-03-2024 · Gazette deed
First establishment
Rue de la Dîme 19, Binche
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VIRCEL Binche | €472,965 | -€9,943 | -9.2% | - |
| HAMILTON MANAGEMENT La Louvière | €480,429 | -€18,538 | 10.3% | - |
| OP-CONSULT EUROPE Tournai | €439,296 | -€23,728 | 86.5% | - |
| NS49 Mouscron | €545,561 | €399 | 0.8% | - |
| ALOPAP Sint-Pieters-Leeuw | €494,011 | -€3,352 | 97.0% | - |
| TENDERCENTRALE Wemmel | €451,526 | -€397,565 | -62.6% | 1.8 |
| SARGE R&D Antwerp | €492,436 | -€886,342 | -343.8% | 3 |
These companies have the same main activity as VIRCEL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €439,000 and €546,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 22-03-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Establishment unit
- 2.357.678.7337133 Binche, since 22-03-2024
- Financial year end
- 30 April
- Peppol
- Reachable since 04-12-2025
Annual accounts to 30-04-2026
- €472,965▼ 12.3%
- Filing
- Filed on 20-10-2026, 41 days before the end of the filing period
Insights on VIRCEL
VIRCEL has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€43,682) and a net result of -€63,083.
Its solvency ranks better than 7% of 569 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 1.0% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VIRCEL
- What is the company number of VIRCEL?
- The company number of VIRCEL is 1007.464.368. The VAT number is the same number with BE in front: BE 1007.464.368.
- Where is VIRCEL based?
- The registered office is at Rue de la Dîme 19, 7133 Binche.Company details
- What does VIRCEL do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VIRCEL?
- VIRCEL is a private limited company (BV).
- When was VIRCEL founded?
- VIRCEL was founded on 22-03-2024.
- Is VIRCEL still active?
- Yes, VIRCEL is an active enterprise in the KBO register.
- What is the turnover of VIRCEL?
- The annual accounts for financial year 2026 state no turnover.Financials
- Is VIRCEL profitable?
- In financial year 2026, VIRCEL made a loss of €63,083.
- Where can I find the annual accounts of VIRCEL?
- VIRCEL filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of VIRCEL due?
- VIRCEL must file the annual accounts for financial year 2027 by 30-11-2027.Timeline
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