VIVALDI
ActiveVIVALDI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €424k and a net result of €54k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 49% of 7954 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
16 d late
2023
379 d late
2022
2 d early
2021
2 d late
2020
6 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€424k▲ 12.4%
2024 · €377k
2018: €215k
2019: €249k
2020: €263k
2021: €270k
2022: €281k
2023: €268k
2024: €377k
2018 → 2025
Net result
€54k▼ 50.7%
2024 · €109k
2018: €142k
2019: €34k
2020: €15k
2021: €7k
2022: €11k
2023: €20k
2024: €109k
2018 → 2025
Total assets
€846k▲ 35.4%
2024 · €625k
2018: €786k
2019: €792k
2020: €754k
2021: €723k
2022: €685k
2023: €655k
2024: €625k
2018 → 2025
Solvency
50.1%▼ 10.2pp
2024 · 60.3%
2018: 27.3%
2019: 31.4%
2020: 34.9%
2021: 37.4%
2022: 41.1%
2023: 40.9%
2024: 60.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€281k▲ 4.1%€268k▼ 4.9%€377k▲ 40.9%€424k▲ 12.4%
Operating result€-5k-€19k€29k▲ 48.0%€160k▲ 456%€99k▼ 38.1%
Net result€7k-€11k▲ 58.4%€20k▲ 79.9%€109k▲ 444%€54k▼ 50.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €846k
Fixed assets
€596k▲ 142%
Current assets
€250k▼ 34.0%
Equity and liabilities €846k
Equity
€424k▲ 12.4%
Debt
€422k▲ 70.4%
The debt ratio rises from 39.7% to 49.9%: debt grows faster than equity.
Key figures and ratios
Solvency
50.1%▼
2024 · 60.3%
ROE
12.7%▼
2024 · 29.0%
ROA
6.4%▼
2024 · 17.5%
Debt
€422k▲
2024 · €248k
Debt ≤ 1 year
€90k▲
2024 · €74k
Debt > 1 year
€333k▲
2024 · €174k
Income taxes
€28k▼
2024 · €45k
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€625k€846k▲
Fixed assets21/28€246k€596k▲
Tangible fixed assets22/27€246k€596k▲
Land and buildings22€229k€568k▲
Plant, machinery and equipment23€11k€25k▲
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€400€0▼
Current assets29/58€379k€250k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€230k€228k▼
Trade receivables40€207k€189k▼
Other amounts receivable41€22k€39k▲
Cash at bank and in hand54/58€145k€19k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€625k€846k▲
Equity10/15€377k€424k▲
Contributions10/11€19k€19k=
Reserves13€189k€229k▲
Tax-exempt reserves132€35k€0▼
Distributable reserves133€155k€229k▲
Profit (loss) carried forward14€169k€176k▲
Amounts payable17/49€248k€422k▲
Amounts payable after more than one year17€174k€333k▲
Financial debts170/4€174k€333k▲
Amounts payable within one year42/48€74k€90k▲
Current portion of amounts payable after more than one year42€25k€45k▲
Financial debts43€23k€13k▼
Credit institutions430/8€23k€13k▼
Trade debts44€15k€23k▲
Suppliers440/4€15k€23k▲
Taxes, remuneration and social security45€11k€1k▼
Taxes450/3€11k€1k▼
Other amounts payable47/48-€7k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€44k▲
Other operating charges640/8€26k€11k▼
Gross operating margin9900€210k€154k▼
Operating profit (loss)9901€160k€99k▼
Financial income75/76B-€151
Recurring financial income75-€151
Financial charges65/66B€6k€18k▲
Recurring financial charges65€6k€18k▲
Profit (loss) for the period before taxes9903€155k€81k▼
Income taxes67/77€45k€28k▼
Profit (loss) for the period9904€109k€54k▼
Transfer from tax-exempt reserves789-€35k
Profit (loss) for the period to be appropriated9905€109k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€278k€258k▼
Profit (loss) brought forward from the previous period14P€169k€169k=
Transfer from equity791/2-€14k
Transfer to equity691/2€109k€89k▼
To the legal reserve6920€109k€0▼
To other reserves6921-€89k
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 16 days late
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 379 days late
2024
30-09
Financial
Liquidity triplescurrent ratio 5.14
Current ratio from 2.05 to 5.14; short-term debt falls from €188k to €74k.
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Weakest financial yearnet €7k ▼52.1%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 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, Oostende · 1 establishment unit since 1991
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.
Langestraat 408400 OostendeGround area
5.0 ha
Building footprint
1.6 ha
Volume, LiDAR
223,607 m³
2 parcels, Flanders · tallest building 103.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
VIVALDI
since 19912.051.721.333
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382G0267/00T000 | Flanders | 4.9 ha | 1 · 1.2 ha | 11.3 m · 3 fl. |
| 35013A0185/00A000 | Flanders | 1,313 m² | 1 · 3,864 m² | 103.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.051.721.333
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Ward Invest
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,666 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-1991
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
46389Wholesale of other food products
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.