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Viva Projects

Active
Private limited companyfounded 20197 yrs activeGrote Noordstraat 33, 8830 Hooglede, BelgiumKBO/BCE: BE 0728.476.928
Summary

Viva Projects has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €753,271 and a net result of €81,017. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 28% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability72▼-1
Solvency52▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.51 in 2024; short-term debt: 39.1% and cash: 12.7% of total assets), and 73.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26.7%
Return on assets
2.9%
Age of the figures
9 mo
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 07-05-2026, 85 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
85 d early
2024
119 d early
2023
34 d early
2022
28 d early
2021
31 d early
2020
29 d early
2019
25 d early
← 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 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Viva Projects was incorporated on 13 June 2019 as a Private limited company.1 Total assets rose from EUR 172,222 in 2019 to EUR 2.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€753,271▲ 12.1%
2024 · €672,255
Total assets
€2.8m▲ 3.4%
2024 · €2.7m
Net result
€81,017▼ 19.7%
2024 · €100,915
Working capital
-€644,043▼ 44.4%
2024 · -€446,016
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€254,773▲ 256%€129,586▼ 49.1%€209,001▲ 61.3%€149,449▼ 28.5%€123,331▼ 17.5%
Net result€227,642above the sector's middle half▲ 316%€117,919above the sector's middle half▼ 48.2%€158,552above the sector's middle half▲ 34.5%€100,915above the sector's middle half▼ 36.4%€81,017within the sector's middle half▼ 19.7%
Equity€294,869within the sector's middle half▲ 339%€412,788above the sector's middle half▲ 40.0%€571,340above the sector's middle half▲ 38.4%€672,255above the sector's middle half▲ 17.7%€753,271within the sector's middle half▲ 12.1%
Total assets€2.0mwithin the sector's middle half▲ 86.5%€2.3mabove the sector's middle half▲ 17.7%€2.7mabove the sector's middle half▲ 14.4%€2.7mabove the sector's middle half▲ 2.0%€2.8mabove the sector's middle half▲ 3.4%
Debt€1.7m▲ 69.6%€1.9m▲ 13.8%€2.1m▲ 9.2%€2.1m▼ 2.3%€2.1m▲ 0.5%
Working capital-€338,419▼ 59.0%-€535,631▼ 58.3%-€467,191▲ 12.8%-€446,016▲ 4.5%-€644,043▼ 44.4%
Solvency14.8%below the sector's middle half▲ 8.5pp17.7%below the sector's middle half▲ 2.8pp21.4%below the sector's middle half▲ 3.7pp24.6%below the sector's middle half▲ 3.3pp26.7%within the sector's middle half▲ 2.1pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €254,773€254,773Net result 2021: €227,642€227,642Operating result 2022: €129,586€129,586Net result 2022: €117,919€117,919Operating result 2023: €209,001€209,001Net result 2023: €158,552€158,552Operating result 2024: €149,449€149,449Net result 2024: €100,915€100,915Operating result 2025: €123,331€123,331Net result 2025: €81,017€81,01720212022202320242025€0€100,000€200,000Operating result 2023: €209,001€209,000Net result 2023: €158,552€159,000Operating result 2024: €149,449€149,000Net result 2024: €100,915€101,000Operating result 2025: €123,331€123,000Net result 2025: €81,017€81,000202320242025
The operating result has fallen two years in a row; 2025 is 17% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets €2.4m ▲ 4.1%
Current assets €459,729 ▼ 0.4%
Equity and liabilities €2.8m
Equity €753,271 ▲ 12.1%
Debt €2.1m ▲ 0.5%
Debt's share of the balance-sheet total falls from 75.4% to 73.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€281,673▼
2024 · €299,697
Cash flow
€239,359▼
2024 · €251,163
Current ratio
0.42▼
2024 · 0.51
Debt to equity
2.74▼
2024 · 3.06
ROE
10.8%▼
2024 · 15.0%
ROA
2.9%▼
2024 · 3.7%
Interest coverage
15.52▲
2024 · 14.95
Debt ≤ 1 year
€1.1m▲
2024 · €907,641
Debt > 1 year
€962,302▼
2024 · €1.1m
Income taxes
€24,167▼
2024 · €28,486
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,368 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.7% went bankrupt
1.4% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.7m€2.8m▲
Fixed assets21/28€2.3m€2.4m▲
Tangible fixed assets22/27€2.3m€2.1m▼
Land and buildings22€2.1m€2.0m▼
Furniture and vehicles24€183,078€136,924▼
Financial fixed assets28-€250,000
Current assets29/58€461,625€459,729▼
Amounts receivable within one year40/41€141,265€99,286▼
Trade receivables40€141,252€6,458▼
Other amounts receivable41€14€92,827▲
Cash at bank and in hand54/58€314,510€357,524▲
Deferred charges and accrued income490/1€5,851€2,920▼
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.8m▲
Equity10/15€672,255€753,271▲
Contributions10/11€1,000€1,000=
Reserves13€671,255€752,271▲
Distributable reserves133€671,255€752,271▲
Amounts payable17/49€2.1m€2.1m▲
Amounts payable after more than one year17€1.1m€962,302▼
Financial debts170/4€1.1m€962,302▼
Amounts payable within one year42/48€907,641€1.1m▲
Current portion of amounts payable after more than one year42€193,841€185,577▼
Trade debts44€1,599€722▼
Suppliers440/4€1,599€722▼
Taxes, remuneration and social security45€63,622€28,756▼
Taxes450/3€58,216€25,157▼
Remuneration and social security454/9€5,406€3,599▼
Other amounts payable47/48€648,579€888,717▲
Income statement Code20242025
Non-recurring operating income76A€26,639-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150,248€158,342▲
Other operating charges640/8€11,107€10,646▼
Non-recurring operating charges66A€0-
Gross operating margin9900€310,803€292,319▼
Operating profit (loss)9901€149,449€123,331▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€20,048€18,147▼
Recurring financial charges65€20,048€18,147▼
Profit (loss) for the period before taxes9903€129,401€105,184▼
Income taxes67/77€28,486€24,167▼
Profit (loss) for the period9904€100,915€81,017▼
Profit (loss) for the period to be appropriated9905€100,915€81,017▼
Appropriation of the result
Profit (loss) to be appropriated9906€100,915€81,017▼
Transfer to equity691/2€100,915€81,017▼
To other reserves6921€100,915€81,017▼

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€1,463€0€26,639--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69,496€101,043€131,210€150,248€158,342▲ 5.4%
Other operating charges640/8€8,324€8,378€9,320€11,107€10,646▼ 4.2%
Non-recurring operating charges66A--€6,750€0--
Gross operating margin9900€332,593€239,007€356,280€310,803€292,319▼ 5.9%
Operating profit (loss)9901€254,773€129,586€209,001€149,449€123,331▼ 17.5%
Financial income75/76B€1,075€444€0€1€0▼ 95.6%
Recurring financial income75€1,075€444€0€1€0▼ 95.6%
Financial charges65/66B€12,055€11,674€15,288€20,048€18,147▼ 9.5%
Recurring financial charges65€12,055€11,674€15,288€20,048€18,147▼ 9.5%
Profit (loss) for the period before taxes9903€243,793€118,355€193,712€129,401€105,184▼ 18.7%
Income taxes67/77€16,151€437€35,161€28,486€24,167▼ 15.2%
Profit (loss) for the period9904€227,642€117,919€158,552€100,915€81,017▼ 19.7%
Profit (loss) for the period to be appropriated9905€227,642€117,919€158,552€100,915€81,017▼ 19.7%
Line20212022202320242025Change
Assets
Total assets20/58€2.0m€2.3m€2.7m€2.7m€2.8m▲ 3.4%
Fixed assets21/28€1.6m€2.1m€2.3m€2.3m€2.4m▲ 4.1%
Tangible fixed assets22/27€1.6m€2.1m€2.3m€2.3m€2.1m▼ 6.9%
Land and buildings22€1.5m€2.0m€2.2m€2.1m€2.0m▼ 5.3%
Furniture and vehicles24€102,188€111,107€86,881€183,078€136,924▼ 25.2%
Financial fixed assets28----€250,000-
Current assets29/58€398,273€214,587€403,290€461,625€459,729▼ 0.4%
Amounts receivable within one year40/41€21,120€140,803€309,836€141,265€99,286▼ 29.7%
Trade receivables40€21,107€140,789€220,175€141,252€6,458▼ 95.4%
Other amounts receivable41€14€14€89,661€14€92,827▲ 685,478%
Cash at bank and in hand54/58€374,327€68,198€88,085€314,510€357,524▲ 13.7%
Deferred charges and accrued income490/1€2,826€5,586€5,369€5,851€2,920▼ 50.1%
Equity and liabilities
Total equity and liabilities10/49€2.0m€2.3m€2.7m€2.7m€2.8m▲ 3.4%
Equity10/15€294,869€412,788€571,340€672,255€753,271▲ 12.1%
Contributions10/11€1,000€1,000€1,000€1,000€1,000=
Reserves13€293,869€411,788€570,340€671,255€752,271▲ 12.1%
Distributable reserves133€293,869€411,788€570,340€671,255€752,271▲ 12.1%
Amounts payable17/49€1.7m€1.9m€2.1m€2.1m€2.1m▲ 0.5%
Amounts payable after more than one year17€955,904€1.2m€1.2m€1.1m€962,302▼ 16.2%
Financial debts170/4€955,904€1.2m€1.2m€1.1m€962,302▼ 16.2%
Amounts payable within one year42/48€736,692€750,218€870,481€907,641€1.1m▲ 21.6%
Current portion of amounts payable after more than one year42€70,698€142,673€164,700€193,841€185,577▼ 4.3%
Trade debts44€24,725€15,046€1,042€1,599€722▼ 54.9%
Suppliers440/4€24,725€15,046€1,042€1,599€722▼ 54.9%
Taxes, remuneration and social security45€74,031€31,714€43,625€63,622€28,756▼ 54.8%
Taxes450/3€74,031€31,714€43,625€58,216€25,157▼ 56.8%
Remuneration and social security454/9€0--€5,406€3,599▼ 33.4%
Other amounts payable47/48€567,239€560,785€661,115€648,579€888,717▲ 37.0%
Line20212022202320242025Change
Profit (loss) for the period9904€227,642€117,919€158,552€100,915€81,017▼ 19.7%
+ Depreciation and write-downs630€69,496€101,043€131,210€150,248€158,342▲ 5.4%
Operating cash flow (approximation)€297,138€218,962€289,761€251,163€239,359▼ 4.7%
Investment in fixed assets (approximation)--€635,855-€279,122-€144,481-€251,809▼ 74.3%
Change in cash--€306,129€19,887€226,425€43,015▼ 81.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €500,000Eq €571,340 ▲38.4%
5 profitable years in a row build equity to €571,340.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2019net €227,642 ▲316%
Operating result €254,773, net result €227,642, both a record.
31-12
Financial Equity above €200,000Eq €294,869 ▲339%
3 profitable years in a row build equity to €294,869.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hooglede · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
737 m²
Building footprint
151 m²
Volume, LiDAR
775 m³
Parcel 36006C0362/00D000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Viva Projects
Grote Noordstraat 33, 8830 HoogledeHoldings
since 20192.290.059.241
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36006C0362/00D000 Flanders 737 m² 1 · 151 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Viva Projects and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 5,712 companies in sector 70100 we hold annual accounts for 3,518. 2,050 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
Founded13-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:0728476928
Also 9925:BE0728476928
Registered 14-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.