VIVALICE
ActiveSummary
VIVALICE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68,913 and a net result of €60,985. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 37965 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency54▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.25 in 2023; short-term debt: 68.7% and cash: 16.7% of total assets), and 71.2% of the assets are financed with debt.
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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 · 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 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 2024Solvency, return and age of the figures
Solvency
28.8%
Return on assets
25.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
58 d late
2022
60 d late
2021
117 d late
2020
87 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 78 days after 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 (1)
History
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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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€68,913▼ 12.2%
2023 · €78,516
Total assets
€239,053▲ 30.7%
2023 · €182,964
Net result
€60,985▲ 33.8%
2023 · €45,575
Working capital
€15,737▼ 37.8%
2023 · €25,290
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
Line20202021202220232024
Operating result€57,580-€52,007▼ 9.7%€37,995▼ 26.9%€61,907▲ 62.9%€82,968▲ 34.0%
Net result€37,855within the sector's middle half-€37,815within the sector's middle half▼ 0.1%€24,624within the sector's middle half▼ 34.9%€45,575within the sector's middle half▲ 85.1%€60,985within the sector's middle half▲ 33.8%
Equity€42,855within the sector's middle half-€80,670within the sector's middle half▲ 88.2%€105,295within the sector's middle half▲ 30.5%€78,516within the sector's middle half▼ 25.4%€68,913within the sector's middle half▼ 12.2%
Total assets€160,508within the sector's middle half-€183,913within the sector's middle half▲ 14.6%€214,697within the sector's middle half▲ 16.7%€182,964within the sector's middle half▼ 14.8%€239,053within the sector's middle half▲ 30.7%
Debt€117,653-€103,243▼ 12.2%€109,403▲ 6.0%€104,448▼ 4.5%€170,140▲ 62.9%
Working capital-€15,002below the sector's middle half--€9,654below the sector's middle half▲ 35.6%€35,459within the sector's middle half€25,290within the sector's middle half▼ 28.7%€15,737within the sector's middle half▼ 37.8%
Solvency26.7%within the sector's middle half-43.9%within the sector's middle half▲ 17.2pp49.0%within the sector's middle half▲ 5.2pp42.9%within the sector's middle half▼ 6.1pp28.8%within the sector's middle half▼ 14.1pp
Current ratio0.87below the sector's middle half-0.91below the sector's middle half▲ 0.031.33within the sector's middle half▲ 0.431.25within the sector's middle half▼ 0.081.10within the sector's middle half▼ 0.16
Return on assets (ROA)23.6%within the sector's middle half-20.6%within the sector's middle half▼ 3.0pp11.5%within the sector's middle half▼ 9.1pp24.9%within the sector's middle half▲ 13.4pp25.5%within the sector's middle half▲ 0.6pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 34% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €239,053
Fixed assets
€59,058 ▲ 2.0%
Current assets
€179,995 ▲ 43.9%
Equity and liabilities €239,053
Equity
€68,913 ▼ 12.2%
Debt
€170,140 ▲ 62.9%
Debt's share of the balance-sheet total rises from 57.1% to 71.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€86,546▲
2023 · €78,722
Cash flow
€64,563▲
2023 · €62,390
Debt to equity
2.47▲
2023 · 1.33
ROE
88.5%▲
2023 · 58.0%
Interest coverage
64.92▲
2023 · 50.12
Debt ≤ 1 year
€164,258▲
2023 · €99,799
Income taxes
€22,689▲
2023 · €14,762
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 6,713 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,035 | €20,237 | €18,043 | €16,815 | €3,578 | ▼ 78.7% |
| Other operating charges640/8 | - | €330 | €809 | €1,494 | €1,156 | ▼ 22.6% |
| Gross operating margin9900 | €73,615 | €72,574 | €56,848 | €80,216 | €87,702 | ▲ 9.3% |
| Operating profit (loss)9901 | €57,580 | €52,007 | €37,995 | €61,907 | €82,968 | ▲ 34.0% |
| Financial income75/76B | - | €0 | €4 | - | €2,038 | - |
| Recurring financial income75 | - | €0 | €4 | - | €2,038 | - |
| Financial charges65/66B | - | €70 | €3,325 | €1,571 | €1,333 | ▼ 15.1% |
| Recurring financial charges65 | €10 | €70 | €3,325 | €1,571 | €1,333 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €57,570 | €51,937 | €34,674 | €60,336 | €83,673 | ▲ 38.7% |
| Income taxes67/77 | €19,715 | €14,122 | €10,050 | €14,762 | €22,689 | ▲ 53.7% |
| Profit (loss) for the period9904 | €37,855 | €37,815 | €24,624 | €45,575 | €60,985 | ▲ 33.8% |
| Profit (loss) for the period to be appropriated9905 | €37,855 | €37,815 | €24,624 | €45,575 | €60,985 | ▲ 33.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,508 | €183,913 | €214,697 | €182,964 | €239,053 | ▲ 30.7% |
| Fixed assets21/28 | €57,857 | €90,324 | €73,030 | €57,876 | €59,058 | ▲ 2.0% |
| Tangible fixed assets22/27 | €43,157 | €75,624 | €58,330 | €43,176 | €44,358 | ▲ 2.7% |
| Land and buildings22 | - | €34,527 | €33,055 | €31,582 | €30,109 | ▼ 4.7% |
| Furniture and vehicles24 | - | €28,878 | €14,214 | €1,690 | €961 | ▼ 43.2% |
| Other tangible fixed assets26 | - | €12,219 | €11,062 | €9,904 | €13,288 | ▲ 34.2% |
| Financial fixed assets28 | €14,700 | €14,700 | €14,700 | €14,700 | €14,700 | = |
| Current assets29/58 | €102,651 | €93,589 | €141,667 | €125,088 | €179,995 | ▲ 43.9% |
| Amounts receivable within one year40/41 | €10,164 | €18,029 | €10,816 | €4,186 | €7,631 | ▲ 82.3% |
| Trade receivables40 | - | €10,164 | - | €968 | - | - |
| Other amounts receivable41 | - | €7,865 | €10,816 | €3,218 | €7,631 | ▲ 137% |
| Current investments50/53 | - | - | - | - | €130,000 | - |
| Cash at bank and in hand54/58 | €90,152 | €73,226 | €128,405 | €118,265 | €40,025 | ▼ 66.2% |
| Deferred charges and accrued income490/1 | - | €2,334 | €2,446 | €2,637 | €2,339 | ▼ 11.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,508 | €183,913 | €214,697 | €182,964 | €239,053 | ▲ 30.7% |
| Equity10/15 | €42,855 | €80,670 | €105,295 | €78,516 | €68,913 | ▼ 12.2% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €37,855 | €75,670 | €100,295 | €73,516 | €63,913 | ▼ 13.1% |
| Distributable reserves133 | - | €75,670 | €100,295 | €73,516 | €63,913 | ▼ 13.1% |
| Amounts payable17/49 | €117,653 | €103,243 | €109,403 | €104,448 | €170,140 | ▲ 62.9% |
| Amounts payable within one year42/48 | €117,653 | €103,243 | €106,208 | €99,799 | €164,258 | ▲ 64.6% |
| Current portion of amounts payable after more than one year42 | - | - | €78,500 | - | €61,500 | - |
| Financial debts43 | - | €726 | - | €1,494 | €2,225 | ▲ 48.9% |
| Credit institutions430/8 | - | €726 | - | €1,494 | €2,225 | ▲ 48.9% |
| Trade debts44 | €4,282 | €6,272 | €10,505 | €12,104 | €15,505 | ▲ 28.1% |
| Suppliers440/4 | - | €6,272 | €10,505 | €12,104 | €15,505 | ▲ 28.1% |
| Taxes, remuneration and social security45 | - | €4,754 | €3,652 | €5,856 | €6,129 | ▲ 4.7% |
| Taxes450/3 | - | €4,754 | €3,652 | €5,856 | €6,129 | ▲ 4.7% |
| Other amounts payable47/48 | - | €91,491 | €13,551 | €80,344 | €78,899 | ▼ 1.8% |
| Accrued charges and deferred income492/3 | - | - | €3,195 | €4,649 | €5,882 | ▲ 26.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,855 | €37,815 | €24,624 | €45,575 | €60,985 | ▲ 33.8% |
| + Depreciation and write-downs630 | €16,035 | €20,237 | €18,043 | €16,815 | €3,578 | ▼ 78.7% |
| Operating cash flow (approximation) | €53,890 | €58,052 | €42,668 | €62,390 | €64,563 | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | -€52,705 | -€749 | -€1,661 | -€4,760 | ▼ 187% |
| Change in cash | - | -€16,926 | €55,179 | -€10,140 | -€78,240 | ▼ 672% |
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 · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
31-12
Financial
Highest result since 2020net €60,985 ▲33.8%
Operating result €82,968, net result €60,985, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €24,624 ▼34.9%
Net result drops to €24,624, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €105,295 ▲30.5%
3 profitable years in a row build equity to €105,295.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2019
Ground area
213 m²
Building footprint
97 m²
Volume, LiDAR
1,129 m³
Parcel 21447B0306/00G033, Brussels · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VIVALICE
since 20192.296.786.487
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0306/00G033 | Brussels | 213 m² | 1 · 96 m² | 16.5 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
49%
According to the 2024 annual accounts of VIVALICE 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 39,604 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
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739523743
Registered
16-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.