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VISCARDYBOIS

Active
Private limited companyfounded 1970active for 56 yearsRoute de Biesme (GOC) 27, 5680 Doische, BelgiumKBO/BCE: BE 0407.262.814
Summary

VISCARDYBOIS has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,854 and a net result of -€2,709. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 38% of 107 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Logging
NACE 02200
#2 oldest company in the province of Namur, Agriculture, forestry and fishing sector1 site
Size
€627,104total assets 2025
Staff
4.1 FTE
Equity
€248,854
Loss
-€2,709
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
M.D.N. INDUSTRIES · 99%
Accounts 2 days early0 of 1 deed read
Why 85raises riskLiquidity: current ratio 1.55, cash €14,891lowers riskSector: Forestry and logging (NACE 02)Size: 4.1 FTE, total assets €627,104Figures for financial year 2025 (filed 29-07-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 02, micro)
Financial strength · tick = 2024
Average
Solvency 65+1
equity 39.7% of total assets
Liquidity 24-2
short-term debt 55.9% · cash 2.4%
Profitability 68-1
return on assets -0.4%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (532 companies, NACE 02, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.55, compared with 1.59 in 2024; short-term debt: 55.9% and cash: 2.4% of total assets), but 60.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 02, micro): better than 49% on solvency, 16% on liquidity, 41% on profitability and 36% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.55, cash €14,891
NBB · annual accounts
lowers risk · Sector: Forestry and logging (NACE 02)
KBO
lowers risk · Size: 4.1 FTE, total assets €627,104
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 29-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
7 days early
2023
15 days early
2022
12 days early
2021
79 days late
2020
109 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€2,709
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Oldest company in the province of Namur, Agriculture…in the Checked rankings #2 View
  • Controlled by M.D.N. INDUSTRIES 99% View
  • Active since 1970founded 15-09-1970 56 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€627,104
Loss
-€2,709
Solvency
39.7%
Total assets▼ 3.6%
Net result
20182025
Go to Financials

Timeline

Events
51
Since
1978
Next accounts
by 31-07-2027
  1. 16-07-2024Annual accounts filed
  2. 19-07-2023Annual accounts filed
  3. 31-12-2022Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
LoggingNACE 02200
Founded
15-09-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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