Financials
- Fiscal year
- 2024
- Total assets
- €5.6m
- Profit
- €8,246
- Solvency
- 38.2%
Total assets▼ 2.2%
Net result
20182024
VIRGILIUS
ActiveSummary
VIRGILIUS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.1m and a net result of €8,246. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 4837 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101NACE 70111
1 site
Size
€5.6mtotal assets 2024
- Equity
- €2.1m
- Profit
- €8,246
Structure
- Holdings
- 1
Accounts 64 d overdue0 of 8 deeds read
Why 86- Figures for FY 2024 (filed 02-10-2025)- Liquidity: current ratio 2.95, cash €311,724+ Size: total assets €5.6m+ Founded in 1991Show the evidence
Checked score
Score 2024
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 56% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
63+1
equity 38.2% of total assets
Liquidity
57-2
short-term debt 5.6% · cash 5.5%
Profitability
38=
return on assets 0.1%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● 0.0% vs 11-2024
01-2025: 0.1%▼ -1.9% vs 12-2024lowest value
02-2025: 0.1%▲ +1.9% vs 01-2025
03-2025: 0.1%● 0.0% vs 02-2025
04-2025: 0.1%▲ +5.6% vs 03-2025
05-2025: 0.1%▲ +10.5% vs 04-2025
06-2025: 0.1%▲ +12.7% vs 05-2025
07-2025: 0.1%▲ +35.2% vs 06-2025
08-2025: 0.2%▲ +65.6% vs 07-2025
09-2025: 0.2%▲ +11.9% vs 08-2025
10-2025: 0.3%▲ +41.6% vs 09-2025
11-2025: 0.1%▼ -73.4% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: 0.1%● 0.0% vs 12-2025
02-2026: 0.1%● 0.0% vs 01-2026
03-2026: 0.1%▲ +3.0% vs 02-2026
04-2026: 0.1%▲ +7.2% vs 03-2026
05-2026: 0.1%▲ +9.5% vs 04-2026
06-2026: 0.1%▲ +7.4% vs 05-2026
07-2026: 0.1%▲ +16.1% vs 06-2026
08-2026: 0.2%▲ +99.0% vs 07-2026
09-2026: 0.2%▲ +17.4% vs 08-2026
10-2026: 0.3%▲ +40.3% vs 09-2026highest value
- Figures for FY 2024 (filed 02-10-2025) raises the probability
- Size: total assets €5.6m lowers the probability for this profile
- Founded in 1991 lowers the probability for this profile
- Liquidity: current ratio 2.95, cash €311,724 raises the probability
Credit up to €180,000 at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.06 in 2023; short-term debt: 5.6% and cash: 5.5% of total assets), but 61.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 58%, liquidity 83%, profitability 36%, growth against the median 46%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
61 d late
2022
113 d late
2021
92 d late
2020
91 d late
2019
118 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 89 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Liquidity times 10current ratio 3.06
Key points
By topic
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 13
- Since
- 2016
- 30-09-2025Annual accounts filed
- 30-09-2024Annual accounts filed
- 31-12-2023Liquidity times 10
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 08-02-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.