VIVANDEV
ActiveVIVANDEV has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €203k and a net result of €13k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 9713 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-30
Solvency45▼-33
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.37 in 2023; short-term debt: 8.6% and cash: 2.4% of total assets), and 79.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
7 d early
2022
21 d early
2021
37 d late
2020
19 d late
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€203k=
2023 · €203k
2018: €155k
2019: €171k
2020: €184k
2021: €187k
2022: €196k
2023: €203k
2018 → 2024
Total assets
€1.00M▲ 161%
2023 · €384k
2018: €495k
2019: €476k
2020: €453k
2021: €433k
2022: €414k
2023: €384k
2018 → 2024
Net result
€13k▼ 87.1%
2023 · €98k
2018: €39k
2019: €66k
2020: €62k
2021: €79k
2022: €93k
2023: €98k
2018 → 2024
Working capital
€-44k▲ 58.6%
2023 · €-107k
2018: €-5k
2019: €-4k
2020: €-12k
2021: €-41k
2022: €-56k
2023: €-107k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€184k-€187k▲ 2.1%€196k▲ 4.4%€203k▲ 3.9%€203k=
Operating result€69k-€81k▲ 17.9%€96k▲ 18.1%€102k▲ 5.9%€38k▼ 62.9%
Net result€62k-€79k▲ 26.6%€93k▲ 18.2%€98k▲ 4.8%€13k▼ 87.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.00M
Fixed assets
€961k▲ 199%
Current assets
€42k▼ 33.8%
Equity and liabilities €1.00M
Equity
€203k=
Debt
€799k▲ 343%
The debt ratio rises from 47.0% to 79.7%. Debt is higher.
Key figures and ratios
EBITDA
€165k▲
2023 · €136k
Cash flow
€140k▲
2023 · €132k
Solvency
20.3%▼
2023 · 53.0%
Current ratio
0.48▲
2023 · 0.37
Quick ratio
0.48▲
2023 · 0.37
Debt / equity
3.93▲
2023 · 0.89
ROE
6.2%▼
2023 · 48.1%
ROA
1.3%▼
2023 · 25.5%
Interest coverage
6.42▼
2023 · 47.83
Debt
€799k▲
2023 · €180k
Debt ≤ 1 year
€86k▼
2023 · €169k
Debt > 1 year
€710k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€384k€1.00M▲
Fixed assets21/28€321k€961k▲
Tangible fixed assets22/27€321k€961k▲
Land and buildings22€321k€961k▲
Current assets29/58€63k€42k▼
Amounts receivable within one year40/41€47k€10k▼
Trade receivables40€13k€10k▼
Other amounts receivable41€34k€340▼
Cash at bank and in hand54/58€13k€24k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€384k€1.00M▲
Equity10/15€203k€203k=
Contributions10/11€90k€90k=
Capital10€90k€90k=
Issued capital100€90k€90k=
Reserves13€113k€113k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€104k€104k=
Profit (loss) carried forward14€226€294▲
Amounts payable17/49€180k€799k▲
Amounts payable after more than one year17€9k€710k▲
Financial debts170/4-€701k
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€169k€86k▼
Current portion of amounts payable after more than one year42€43k€47k▲
Trade debts44€33k€22k▼
Suppliers440/4€33k€22k▼
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€90k€17k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€128k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-971€-3k▼
Other operating charges640/8€11k€11k▲
Gross operating margin9900€146k€174k▲
Operating profit (loss)9901€102k€38k▼
Financial income75/76B€2k€585▼
Recurring financial income75€2k€585▼
Financial charges65/66B€3k€26k▲
Recurring financial charges65€3k€26k▲
Profit (loss) for the period before taxes9903€100k€13k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€98k€13k▼
Profit (loss) for the period to be appropriated9905€98k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€13k▼
Profit (loss) brought forward from the previous period14P€561€226▼
Transfer to equity691/2€8k-
To other reserves6921€8k-
Profit to be distributed694/7€90k€13k▼
Directors or managers695€90k€13k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €13k ▼87.1%
Net result drops to €13k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €98k ▲4.8%
Operating result €102k, net result €98k, both a record.
31-12
Financial
Equity above €200kEq €203k ▲3.9%
6 profitable years in a row build equity to €203k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 37 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Gent · 1 establishment unit since 2000
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.
Waterlelielaan 19032 GentGround area
5,728 m²
Building footprint
268 m²
Parcel 44074C0050/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Waterlelielaan 1, 9032 Gent
since 20002.116.077.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0050/00H000 | Flanders | 5,728 m² | 1 · 268 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
EJMCC
BE 0822.094.202
Waterloo · Eq €203k
SUPERRAAM
BE 1008.714.678
Hasselt · Eq €203k
Marketinx
BE 0647.892.296
Sint-Niklaas · Eq €203k
HCS Invest
BE 0646.849.448
Willebroek · Eq €203k
FIMMOBA
BE 0420.990.589
Oostende · Eq €203k
Of 12,016 companies in sector 68203 we hold annual accounts for 5,983. 4,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-09-2000
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.