VIVADERM
ActiveSummary
The computed 12-month bankruptcy probability of VIVADERM is 1.5% (moderate). The 2025 annual accounts show equity of €163,284 and a net result of €38,691. Equity is growing by ~65.9% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activity not known1 site
How big
€821,681total assets 2025
- Equity
- €163,284
- Profit
- €38,691
Turnover not published (abridged schema)
Who decides
Accounts filed 25 d late0 of 3 deeds read
Why 59- No NACE activity registered- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-6
Solvency45▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.55 in 2024; short-term debt: 11.5% and cash: 1.9% of total assets), and 80.1% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.9%
Return on assets
4.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
29 d late
2023
28 d late
2022
14 d early
2021
31 d late
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 21 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €150,000Eq €163,284 ▲31.1%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €821,681Profit €38,691Solvency 19.9%Liquidity 1.48
Total assets
€821,681▼ 4.0%
2018 - 2025
Net result
€38,691▼ 45.0%
2018 - 2025
Equity
€163,284▲ 31.1%
2018 - 2025
Solvency
19.9%▲ 5.3pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€55,772▲ 88.7%€38,935▼ 30.2%€25,010▼ 35.8%€121,801▲ 387%€80,274▼ 34.1%
Net result€12,668▼ 43.7%€24,844▲ 96.1%€13,658▼ 45.0%€70,303▲ 415%€38,691▼ 45.0%
Equity€21,788▲ 139%€46,632▲ 114%€60,290▲ 29.3%€124,593▲ 107%€163,284▲ 31.1%
Total assets€482,892▼ 3.3%€464,451▼ 3.8%€877,448▲ 88.9%€855,700▼ 2.5%€821,681▼ 4.0%
Debt€401,104▼ 6.7%€357,819▼ 10.8%€757,158▲ 112%€671,107▼ 11.4%€618,397▼ 7.9%
Working capital€47,644▲ 132%€40,095▼ 15.8%€8,546▼ 78.7%€47,644▲ 458%€45,260▼ 5.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €821,681
Fixed assets
€681,649 ▼ 5.4%
Current assets
€140,032 ▲ 3.9%
Equity and liabilities €821,681
Equity
€163,284 ▲ 31.1%
Provisions
€40,000 ▼ 33.3%
Debt
€618,397 ▼ 7.9%
Debt's share of the balance-sheet total falls from 78.4% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€130,953▼
2024 · €176,969
Cash flow
€89,369▼
2024 · €125,471
Current ratio
1.48▼
2024 · 1.55
Debt to equity
3.79▼
2024 · 5.39
ROE
23.7%▼
2024 · 56.4%
ROA
4.7%▼
2024 · 8.2%
Interest coverage
5.83▼
2024 · 7.44
Debt ≤ 1 year
€94,772▲
2024 · €87,196
Debt > 1 year
€523,625▼
2024 · €583,910
Income taxes
€19,138▼
2024 · €27,710
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 4,105 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,653 | €42,819 | €100,892 | €55,168 | €50,679 | ▼ 8.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€20,000 | - |
| Other operating charges640/8 | €7,232 | €5,155 | €17,031 | €792 | €348 | ▼ 56.1% |
| Non-recurring operating charges66A | €172 | - | - | - | - | - |
| Gross operating margin9900 | €105,829 | €86,909 | €142,934 | €177,761 | €111,301 | ▼ 37.4% |
| Operating profit (loss)9901 | €55,772 | €38,935 | €25,010 | €121,801 | €80,274 | ▼ 34.1% |
| Financial income75/76B | - | - | - | €3 | €4 | ▲ 15.3% |
| Recurring financial income75 | - | - | - | €3 | €4 | ▲ 15.3% |
| Financial charges65/66B | €36,663 | €5,467 | €6,725 | €23,791 | €22,450 | ▼ 5.6% |
| Recurring financial charges65 | €36,663 | €5,467 | €6,725 | €23,791 | €22,450 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | €19,109 | €33,468 | €18,285 | €98,014 | €57,829 | ▼ 41.0% |
| Income taxes67/77 | €6,441 | €8,623 | €4,627 | €27,710 | €19,138 | ▼ 30.9% |
| Profit (loss) for the period9904 | €12,668 | €24,844 | €13,658 | €70,303 | €38,691 | ▼ 45.0% |
| Profit (loss) for the period to be appropriated9905 | €12,668 | €24,844 | €13,658 | €70,303 | €38,691 | ▼ 45.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €482,892 | €464,451 | €877,448 | €855,700 | €821,681 | ▼ 4.0% |
| Fixed assets21/28 | €365,505 | €348,706 | €756,664 | €720,860 | €681,649 | ▼ 5.4% |
| Tangible fixed assets22/27 | €345,505 | €328,706 | €741,664 | €705,860 | €666,649 | ▼ 5.6% |
| Land and buildings22 | €312,153 | €265,457 | €687,351 | €651,983 | €614,127 | ▼ 5.8% |
| Plant, machinery and equipment23 | €28,019 | €19,789 | €9,000 | €3,759 | €8,668 | ▲ 131% |
| Furniture and vehicles24 | €5,333 | €5,661 | €9,250 | €18,893 | €13,619 | ▼ 27.9% |
| Other tangible fixed assets26 | - | €37,799 | €36,064 | €31,226 | €30,234 | ▼ 3.2% |
| Financial fixed assets28 | €20,000 | €20,000 | €15,000 | €15,000 | €15,000 | = |
| Current assets29/58 | €117,387 | €115,745 | €120,784 | €134,841 | €140,032 | ▲ 3.9% |
| Amounts receivable after more than one year29 | €50,295 | €40,695 | €85,695 | €89,478 | €89,478 | = |
| Other amounts receivable291 | €50,295 | €40,695 | €85,695 | €89,478 | €89,478 | = |
| Amounts receivable within one year40/41 | €57,411 | €55,867 | €7,097 | €24,420 | €34,103 | ▲ 39.7% |
| Trade receivables40 | €1,854 | €967 | - | - | - | - |
| Other amounts receivable41 | €55,556 | €54,900 | €7,097 | €24,420 | €34,103 | ▲ 39.7% |
| Cash at bank and in hand54/58 | €5,275 | €150 | €10,521 | €3,058 | €15,959 | ▲ 422% |
| Deferred charges and accrued income490/1 | €4,406 | €19,033 | €17,471 | €17,886 | €493 | ▼ 97.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €482,892 | €464,451 | €877,448 | €855,700 | €821,681 | ▼ 4.0% |
| Equity10/15 | €21,788 | €46,632 | €60,290 | €124,593 | €163,284 | ▲ 31.1% |
| Contributions10/11 | €12,400 | €12,400 | €14,260 | €12,400 | €12,400 | = |
| Capital10 | €12,400 | €12,400 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €6,200 | €6,200 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | - | €72,163 | €110,854 | ▲ 53.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €72,163 | €110,854 | ▲ 53.6% |
| Profit (loss) carried forward14 | €7,528 | €32,372 | €46,030 | €40,030 | €40,030 | = |
| Provisions and deferred taxes16 | €60,000 | €60,000 | €60,000 | €60,000 | €40,000 | ▼ 33.3% |
| Provisions for liabilities and charges160/5 | €60,000 | €60,000 | €60,000 | €60,000 | €40,000 | ▼ 33.3% |
| Pensions and similar obligations160 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Major repairs and maintenance162 | €20,000 | €20,000 | €20,000 | €20,000 | - | - |
| Amounts payable17/49 | €401,104 | €357,819 | €757,158 | €671,107 | €618,397 | ▼ 7.9% |
| Amounts payable after more than one year17 | €331,361 | €282,169 | €644,920 | €583,910 | €523,625 | ▼ 10.3% |
| Financial debts170/4 | €331,361 | €282,169 | €644,920 | €583,910 | €523,625 | ▼ 10.3% |
| Amounts payable within one year42/48 | €69,743 | €75,650 | €112,238 | €87,196 | €94,772 | ▲ 8.7% |
| Current portion of amounts payable after more than one year42 | €48,660 | €49,192 | €70,249 | €61,010 | €60,285 | ▼ 1.2% |
| Financial debts43 | - | - | - | - | €12,527 | - |
| Credit institutions430/8 | - | - | - | - | €12,527 | - |
| Trade debts44 | €13,225 | €11,434 | €17,353 | €1,976 | €4,286 | ▲ 117% |
| Suppliers440/4 | €13,225 | €11,434 | €17,353 | €1,976 | €4,286 | ▲ 117% |
| Taxes, remuneration and social security45 | €7,637 | €15,023 | €9,227 | €20,610 | €17,674 | ▼ 14.2% |
| Taxes450/3 | €7,637 | €15,023 | €9,227 | €20,610 | €17,674 | ▼ 14.2% |
| Other amounts payable47/48 | €220 | - | €15,409 | €3,600 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,668 | €24,844 | €13,658 | €70,303 | €38,691 | ▼ 45.0% |
| + Depreciation and write-downs630 | €42,653 | €42,819 | €100,892 | €55,168 | €50,679 | ▼ 8.1% |
| Operating cash flow (approximation) | €55,322 | €67,664 | €114,550 | €125,471 | €89,369 | ▼ 28.8% |
| Investment in fixed assets (approximation) | - | -€26,021 | -€508,850 | -€19,363 | -€11,468 | ▲ 40.8% |
| Change in cash | - | -€5,125 | €10,372 | -€7,463 | €12,901 | ▲ 273% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline
14 eventsLatest 25-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Equity above €150,000Eq €163,284 ▲31.1%
7 profitable years in a row build equity to €163,284.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €70,303 ▲415%
Operating result €121,801, net result €70,303, both a record.
31-12
Financial
Equity above €100,000Eq €124,593 ▲107%
6 profitable years in a row build equity to €124,593.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €20,151
Net result €20,151 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 30-07-2008Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded30-07-2008
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899549789
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2008
Ground area
4,279 m²
Building footprint
1,305 m²
Volume, LiDAR
21,176 m³
Parcel 21019A0190/00P011, Brussels · tallest building 20.8 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Minervalei 6, 1150 Sint-Pieters-Woluwe
since 2008unit no. 2.196.249.452
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0190/00P011 | Brussels | 4,279 m² | 1 · 1,305 m² | 20.8 m · 5 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.
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
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