VIVALYS
ActiveSummary
VIVALYS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€8.3m) and a net result of -€358,702. Equity is shrinking by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 691 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability1▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.14 in 2023; short-term debt: 432% and cash: 9.8% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Eight 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 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-376%
Return on assets
-16.2%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€8.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
41 d early
2022
42 d early
2021
31 d early
2020
50 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, full schema
In the rankings
#2 fastest grower in Sint-Lambrechts-Woluwe, Health and social work sector#6 employer in Sint-Lambrechts-Woluwe, Health and social work sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€358,702▲ 75.7%
2023 · -€1.5m
Working capital
-€8.4m▼ 3.8%
2023 · -€8.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care 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-€903,751▲ 36.0%-€823,776▲ 8.8%-€713,809▲ 13.3%-€1.3m▼ 82.5%-€166,316▲ 87.2%
Net result-€1.0mbelow the sector's middle half▲ 31.8%-€946,735below the sector's middle half▲ 8.6%-€862,354below the sector's middle half▲ 8.9%-€1.5mbelow the sector's middle half▼ 70.9%-€358,702below the sector's middle half▲ 75.7%
Equity-€4.7mbelow the sector's middle half▼ 28.3%-€5.6mbelow the sector's middle half▼ 20.2%-€6.5mbelow the sector's middle half▼ 15.3%-€8.0mbelow the sector's middle half▼ 22.7%-€8.3mbelow the sector's middle half▼ 4.5%
Total assets€2.5mwithin the sector's middle half▼ 26.0%€2.8mwithin the sector's middle half▲ 8.9%€2.9mwithin the sector's middle half▲ 3.6%€2.5mwithin the sector's middle half▼ 13.7%€2.2mwithin the sector's middle half▼ 10.6%
Debt€7.2m▲ 5.9%€8.4m▲ 16.2%€9.4m▲ 11.4%€10.5m▲ 11.5%€10.5m▲ 0.9%
Working capital-€4.5m▼ 43.0%-€5.5m▼ 23.4%-€6.1m▼ 11.2%-€8.1m▼ 31.4%-€8.4m▼ 3.8%
Solvency-184.1%below the sector's middle half▼ 78.0pp-203.2%below the sector's middle half▼ 19.1pp-226.2%below the sector's middle half▼ 23.0pp-321.6%below the sector's middle half▼ 95.4pp-376.0%below the sector's middle half▼ 54.4pp
Staff (FTE)66.7above the sector's middle half▲ 43.1%70above the sector's middle half▲ 4.9%78.1above the sector's middle half▲ 11.6%85.8above the sector's middle half▲ 9.9%88.2above the sector's middle half▲ 2.8%
above
within
below
the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €166,316 in 2024 against €1.3m in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.0m ▼ 12.2%
Current assets
€1.2m ▼ 9.2%
Key figures and ratios
EBITDA
€15,815▲
2023 · -€1.1m
Cash flow
-€176,571▲
2023 · -€1.3m
Current ratio
0.13▼
2023 · 0.14
Debt to equity
-1.27▲
2023 · -1.31
ROA
-16.2%▲
2023 · -59.4%
Interest coverage
0.08▲
2023 · -6.64
Debt ≤ 1 year
€9.6m▲
2023 · €9.4m
Debt > 1 year
€147,577▼
2023 · €205,459
Income taxes
€275▲
2023 · €266
Staff costs
€5.0m▲
2023 · €4.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 107 companies that looked in July 2024 the way this one looks now, 5.6% went bankrupt within 24 months and 79% are still going.
- Medium-sized
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
5.6%
went bankrupt
11%
stopped otherwise
79%
still going
A further 3.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 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 107 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €371,216 | €339,389 | €295,000 | €512,342 | ▲ 73.7% |
| Remuneration, social security and pensions62 | - | €3.5m | €4.1m | €4.7m | €5.0m | ▲ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €290,049 | €263,010 | €235,053 | €165,867 | €182,132 | ▲ 9.8% |
| Other operating charges640/8 | - | €147,891 | €168,498 | €180,048 | €185,599 | ▲ 3.1% |
| Non-recurring operating charges66A | - | €3,475 | €106,966 | €544,064 | €0 | ▼ 100% |
| Gross operating margin9900 | €3.2m | €3.1m | €3.9m | €4.3m | €5.2m | ▲ 21.2% |
| Operating profit (loss)9901 | -€903,751 | -€823,776 | -€713,809 | -€1.3m | -€166,316 | ▲ 87.2% |
| Financial income75/76B | - | - | - | - | €804 | - |
| Recurring financial income75 | - | - | - | - | €804 | - |
| Financial charges65/66B | - | €122,812 | €148,394 | €171,055 | €192,914 | ▲ 12.8% |
| Recurring financial charges65 | €132,086 | €122,812 | €148,394 | €171,055 | €192,914 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | -€1.0m | -€946,588 | -€862,203 | -€1.5m | -€358,427 | ▲ 75.7% |
| Income taxes67/77 | €145 | €147 | €151 | €266 | €275 | ▲ 3.5% |
| Profit (loss) for the period9904 | -€1.0m | -€946,735 | -€862,354 | -€1.5m | -€358,702 | ▲ 75.7% |
| Profit (loss) for the period to be appropriated9905 | -€1.0m | -€946,735 | -€862,354 | -€1.5m | -€358,702 | ▲ 75.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.8m | €2.9m | €2.5m | €2.2m | ▼ 10.6% |
| Fixed assets21/28 | €1.3m | €1.0m | €837,304 | €1.1m | €1.0m | ▼ 12.2% |
| Intangible fixed assets21 | €150,560 | €62,500 | €0 | €399,474 | €323,974 | ▼ 18.9% |
| Tangible fixed assets22/27 | €1.1m | €956,695 | €837,304 | €749,789 | €684,552 | ▼ 8.7% |
| Plant, machinery and equipment23 | - | €89,331 | €40,319 | €30,305 | €25,029 | ▼ 17.4% |
| Furniture and vehicles24 | - | €336,088 | €296,783 | €246,203 | €192,115 | ▼ 22.0% |
| Other tangible fixed assets26 | - | €531,275 | €500,203 | €473,281 | €467,408 | ▼ 1.2% |
| Current assets29/58 | €1.3m | €1.8m | €2.0m | €1.3m | €1.2m | ▼ 9.2% |
| Amounts receivable within one year40/41 | €342,850 | €554,234 | €513,838 | €628,616 | €666,448 | ▲ 6.0% |
| Trade receivables40 | - | €554,052 | €513,656 | €628,434 | €666,448 | ▲ 6.0% |
| Other amounts receivable41 | - | €182 | €182 | €182 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €111,506 | €166,504 | €380,786 | €2,692 | €217,441 | ▲ 7,976% |
| Deferred charges and accrued income490/1 | - | €1.0m | €1.1m | €699,320 | €323,989 | ▼ 53.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.8m | €2.9m | €2.5m | €2.2m | ▼ 10.6% |
| Equity10/15 | -€4.7m | -€5.6m | -€6.5m | -€8.0m | -€8.3m | ▼ 4.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €13,261 | €13,261 | €13,261 | €13,261 | €13,261 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | €7,061 | €7,061 | €7,061 | €7,061 | = |
| Profit (loss) carried forward14 | -€4.8m | -€5.7m | -€6.6m | -€8.0m | -€8.4m | ▼ 4.5% |
| Amounts payable17/49 | €7.2m | €8.4m | €9.4m | €10.5m | €10.5m | ▲ 0.9% |
| Amounts payable after more than one year17 | €513,344 | €313,686 | €262,195 | €205,459 | €147,577 | ▼ 28.2% |
| Financial debts170/4 | - | €313,686 | €262,195 | €205,459 | €147,577 | ▼ 28.2% |
| Amounts payable within one year42/48 | €5.7m | €7.3m | €8.2m | €9.4m | €9.6m | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | - | €197,630 | €80,464 | €56,736 | €55,608 | ▼ 2.0% |
| Financial debts43 | - | €252,483 | €287,803 | €389,295 | €416,507 | ▲ 7.0% |
| Credit institutions430/8 | - | €252,483 | €287,803 | €389,295 | €416,507 | ▲ 7.0% |
| Trade debts44 | €222,042 | €361,078 | €632,297 | €692,722 | €371,650 | ▼ 46.3% |
| Suppliers440/4 | - | €361,078 | €632,297 | €692,722 | €371,650 | ▼ 46.3% |
| Taxes, remuneration and social security45 | - | €390,494 | €549,392 | €517,376 | €494,100 | ▼ 4.5% |
| Taxes450/3 | - | €2,636 | €30,985 | €573 | €816 | ▲ 42.4% |
| Remuneration and social security454/9 | - | €387,858 | €518,406 | €516,803 | €493,284 | ▼ 4.6% |
| Other amounts payable47/48 | - | €6.1m | €6.6m | €7.7m | €8.2m | ▲ 6.5% |
| Accrued charges and deferred income492/3 | - | €830,242 | €943,883 | €861,266 | €827,620 | ▼ 3.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.0m | -€946,735 | -€862,354 | -€1.5m | -€358,702 | ▲ 75.7% |
| + Depreciation and write-downs630 | €290,049 | €263,010 | €235,053 | €165,867 | €182,132 | ▲ 9.8% |
| Operating cash flow (approximation) | -€745,933 | -€683,725 | -€627,300 | -€1.3m | -€176,571 | ▲ 86.5% |
| Investment in fixed assets (approximation) | - | -€7,329 | -€53,162 | -€477,826 | -€41,395 | ▲ 91.3% |
| Change in cash | - | €54,998 | €214,281 | -€378,093 | €214,749 | ▲ 157% |
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
2026
26-08
State Gazette act
Appointment: Valérie Fraylich (director)Resignations: Guillaume Raoux (director) and Jean-Claude Demeuse (director)7 facts ▸
State Gazette act
Appointment: Valérie Fraylich (director)
Resignations: Guillaume Raoux (director) and Jean-Claude Demeuse (director)7 facts ▸
- General meeting, 21-05-2026
- Director appointment, Valérie Fraylich (director)
- Director resignation, Guillaume Raoux (director)
- Director resignation, Jean-Claude Demeuse (director)
- Board meeting, 21-05-2026
- Director appointment, Valérie Fraylich (day-to-day manager)
- Director resignation, Jean-Claude Demeuse (managing director)
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
State Gazette actNBB filing
1 of 12 acts read
About the unread acts
Of the 12 Belgian State Gazette acts we know for this company, 1 has been read. The other 11 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, 1 in day-to-day management, last change in 2026
Board 1
Valérie Fraylich
CurrentDirector · since 21-05-2026
Day-to-day management 1
Valérie Fraylich
CurrentDay-to-day manager · since 21-05-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
11 of this company's 12 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 2 establishment units since 1988
Ground area
6,617 m²
Building footprint
2,218 m²
Volume, LiDAR
29,267 m³
2 parcels, Brussels · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Vivalys
since 19882.022.869.771
MADERE
since 20162.263.197.268
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0033/00K000 | Brussels | 6,298 m² | 1 · 2,073 m² | 18.1 m · 5 fl. |
| 21363B0354/00D012 | Brussels | 319 m² | 1 · 146 m² | 19.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 1 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Valérie Fraylich |
|
| Jean-Claude DEMEUSE |
|
| Guillaume RAOUX |
|
Structure & network
Part of the group
VIVALTO HOME BELGIUM
30 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- VIVALTO HOME BELGIUM
- VIVALYS
Highest known parent: VIVALTO HOME BELGIUM. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lambrechts-Woluwe2.022.869.771
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Of 601 companies in sector 87301 we hold annual accounts for 494. 391 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
87301Residential care activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433712239
Also
9925:BE0433712239
Registered
28-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
Rapport C.A. Approbation comptes annuels. Affectation résultat. Décharge administrateurs. Rémunérations administrateurs. Divers. (11934) Jadex, société anonyme, rue Eugène Toussaint 36, 1090 Bruxelles Numéro d’entreprise 0866.242.464 Assemblée générale le 9 mai 2005, à 14 heures, au siège social. Agenda : Approbation des comptes annuels arrêtés au 31 décembre 2004. Affectation du résultat de l’année 2004. Décharge aux administrateurs. Divers. (11935) Calcaires de la Sambre, société anonyme, chemin de Halage 333, 6111 Landelies Numéro d’entreprise 0401.702.635 Assemblée générale le 12 mai 2005, à 10 heures, au siège social. Agenda : Rapport C.A. Approbation comptes annuels. Affectation résult ...