VIVAJADE
ActiveVIVAJADE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €-4k. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 91% of 256 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 9.92 against 13.82 in 2024; short-term debt: 9.2% and cash: 68.6% of total assets), and 9.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.8%
Return on assets
-12.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
42 d early
2023
21 d early
2022
18 d early
2021
23 d early
2020
5 d early
2019
14 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 12.2%
2024 · €33k
2018: €120k
2019: €52k
2020: €50k
2021: €47k
2022: €44k
2023: €39k
2024: €33k
2018 → 2025
Total assets
€32k▼ 9.6%
2024 · €36k
2018: €121k
2019: €116k
2020: €51k
2021: €48k
2022: €46k
2023: €41k
2024: €36k
2018 → 2025
Net result
€-4k▲ 22.2%
2024 · €-5k
2018: €2k
2019: €-314
2020: €-2k
2021: €-3k
2022: €-3k
2023: €-5k
2024: €-5k
2018 → 2025
Working capital
€26k▼ 11.2%
2024 · €30k
2018: €115k
2019: €47k
2020: €47k
2021: €44k
2022: €38k
2023: €34k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€44k▼ 5.8%€39k▼ 12.2%€33k▼ 13.6%€29k▼ 12.2%
Operating result€-3k-€-2k▲ 29.0%€-5k▼ 117%€-5k▲ 3.4%€-4k▲ 17.9%
Net result€-3k-€-3k▲ 21.6%€-5k▼ 97.7%€-5k▲ 2.7%€-4k▲ 22.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€3k▼ 20.5%
Current assets
€29k▼ 8.4%
Equity and liabilities €32k
Equity
€29k▼ 12.2%
Debt
€3k▲ 27.6%
The debt ratio rises from 6.5% to 9.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▲
2024 · €-4k
Cash flow
€-3k▲
2024 · €-4k
Solvency
90.8%▼
2024 · 93.5%
Current ratio
9.92▼
2024 · 13.82
Quick ratio
9.92▼
2024 · 13.82
Debt / equity
0.10▲
2024 · 0.07
ROE
-13.9%▲
2024 · -15.7%
ROA
-12.6%▲
2024 · -14.7%
Interest coverage
-31.24▲
2024 · -42.29
Debt
€3k▲
2024 · €2k
Debt ≤ 1 year
€3k▲
2024 · €2k
Income taxes
€399▼
2024 · €415
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€36k€32k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€164€94▼
Furniture and vehicles24€1k€861▼
Other tangible fixed assets26€878€661▼
Financial fixed assets28€1k€1k=
Current assets29/58€32k€29k▼
Amounts receivable within one year40/41€5k€6k▲
Trade receivables40€1k€617▼
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€26k€22k▼
Deferred charges and accrued income490/1€995€1k▲
Equity and liabilities
Total equity and liabilities10/49€36k€32k▼
Equity10/15€33k€29k▼
Contributions10/11€14k€14k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-5k€-9k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Trade debts44€753€1k▲
Suppliers440/4€753€1k▲
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€793€727▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€53€0▼
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-5k€-4k▲
Financial income75/76B€141€428▲
Recurring financial income75€141€428▲
Financial charges65/66B€96€105▲
Recurring financial charges65€96€105▲
Profit (loss) for the period before taxes9903€-5k€-4k▲
Income taxes67/77€415€399▼
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-9k▼
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 29current ratio 50.91
Current ratio from 1.73 to 50.91; short-term debt falls from €64k to €946.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Bree
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korenbloemstraat 303960 BreeGround area
1,931 m²
Building footprint
148 m²
Volume, LiDAR
873 m³
Parcel 72004B0010/00M002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0010/00M002 | Flanders | 1,931 m² | 1 · 148 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2005
Fiscal year end31-12
Activities, NACEBEL
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.