Equity
Equity fell by 80% in 1 year.
Equity fell by 80% in 1 year.
The micro format states no turnover.
Of this, €469,046 falls due within a year.
Green is investment, beige is depreciation.
Short-term debts rose from €52,429 to €469,046.
Higher net result than 95% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
In July 2024, 6,715 companies had the same profile as VIVELEC has now. Each dot stands for 17 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,715 companies, not a prediction for VIVELEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VIVELEC Ottignies-Louvain-la-Neuve | €540,436 | €289,956 | 10.7% | - |
| Domaxel & Baronio Energy Zaventem | €538,886 | €299,405 | 43.9% | - |
| KOEN DE COCK Maldegem | €509,647 | €267,078 | 43.7% | - |
| MARASCO GROUP Zaventem | €468,796 | €277,928 | 37.8% | - |
| Van Kerschaver - De Roo Maldegem | €548,664 | €368,520 | 43.4% | - |
| Elektriciteitswerken Jeffrey Wuyts Rijkevorsel | €512,883 | €266,283 | 86.8% | - |
| EJT TECHNIEK Vorselaar | €483,937 | €306,094 | 40.3% | - |
These companies have the same main activity as VIVELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €469,000 and €549,000, founded between 2020 and 2022.
VIVELEC files the micro format. That format states no turnover. The gross margin rose from €112,417 in 2022 to €289,956 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €640,000. Estimated: probably between €550,000 and €790,000.
Higher than 15% of 37,211 companies in 2025.
Higher than 25% of 36,505 companies in 2025.
Higher than 88% of 36,740 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 5 people joined and 6 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
540,436 | 346,475 | 241,553 | 109,337 | |
20 |
370 | 774 | 1,179 | 1,583 | |
21/28 |
32,709 | 22,403 | 27,275 | 27,560 | |
22/27 |
32,709 | 22,403 | 27,275 | 27,560 | |
23 |
5,869 | 8,429 | 5,423 | 1,916 | |
24 |
26,840 | 13,973 | 21,851 | 25,644 | |
29/58 |
507,357 | 323,298 | 213,100 | 80,194 | |
40/41 |
103,019 | 81,517 | 138,850 | 44,130 | |
40 |
72,426 | 60,757 | 123,661 | 32,636 | |
41 |
30,593 | 20,760 | 15,188 | 11,494 | |
54/58 |
403,461 | 238,438 | 70,634 | 32,411 | |
490/1 |
876 | 3,343 | 3,616 | 3,653 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
540,436 | 346,475 | 241,553 | 109,337 | |
10/15 |
57,826 | 288,367 | 189,232 | 70,320 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
54,826 | 285,367 | 186,232 | 67,320 | |
17/49 |
482,610 | 58,107 | 52,322 | 39,017 | |
17 |
13,564 | 5,679 | 11,815 | 17,892 | |
170/4 |
13,564 | 5,679 | 11,815 | 17,892 | |
42/48 |
469,046 | 52,429 | 40,506 | 21,125 | |
42 |
15,217 | 6,137 | 6,077 | 6,017 | |
44 |
28,785 | 18,887 | 13,258 | 6,606 | |
440/4 |
28,785 | 18,887 | 13,258 | 6,606 | |
46 |
549 | - | - | - | |
45 |
4,994 | 13,843 | 13,064 | 1,841 | |
450/3 |
- | 10,093 | 10,093 | - | |
454/9 |
4,994 | 3,750 | 2,970 | 1,841 | |
47/48 |
419,502 | 13,562 | 8,107 | 6,661 | |
| Income statement | |||||
9900 |
289,956 | 186,977 | 188,481 | 112,417 | |
62 |
45,817 | 42,522 | 19,154 | 13,169 | |
630 |
14,064 | 10,373 | 9,711 | 9,747 | |
640/8 |
433 | 598 | 388 | 205 | |
9901 |
229,643 | 133,484 | 159,228 | 89,296 | |
75/76B |
1,498 | 128 | 426 | 1,960 | |
75 |
1,498 | 128 | 426 | 1,960 | |
65/66B |
4,976 | 209 | 269 | 372 | |
65 |
4,976 | 209 | 269 | 372 | |
9903 |
226,164 | 133,403 | 159,385 | 90,883 | |
67/77 |
56,706 | 34,268 | 40,473 | 23,563 | |
9904 |
169,458 | 99,136 | 118,911 | 67,320 | |
9905 |
169,458 | 99,136 | 118,911 | 67,320 | |
| Appropriation of the result | |||||
9906 |
454,826 | 285,367 | 186,232 | 67,320 | |
14P |
285,367 | 186,232 | 67,320 | - | |
694/7 |
400,000 | - | - | - | |
694 |
400,000 | - | - | - | |
| Social balance sheet | |||||
9087 |
3.5 | - | 2 | - | |
Hours worked1013 |
4,130 | - | 2,979 | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 243,706 | 143,857 | 168,939 | 99,043 | ||
| 183,522 | 109,508 | 128,622 | 77,068 | ||
| 23,966 | 5,096 | 9,021 | 36,869 | ||
| 165,023 | 167,804 | 38,223 | - | ||
| 38,311 | 270,869 | 172,594 | 59,069 | ||
| 10.7% | 83.2% | 78.3% | 64.3% | ||
| 1.08 | 6.17 | 5.26 | 3.80 | ||
| 8.35 | 0.20 | 0.28 | 0.55 | ||
| 293.1% | 34.4% | 62.8% | 95.7% | ||
| 31.4% | 28.6% | 49.2% | 61.6% | ||
| 48.97 | over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2023 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 2 |
| full-time | 3 | 2 |
| in full-time equivalents | 3 | 2 |
| 3.5 | 2 | |
| Joined | 5 | - |
| Left | 6 | - |
Source: social balance sheet in the 2023 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €23,966 | €5,096 | €9,021 | €36,869 |
| €14,064 | €10,373 | €9,711 | €9,747 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 72% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 16.8% to 89.3%. Equity is lower and debt is higher.
VIVELEC has no parent and no holdings in its annual accounts. is the only director. VIVELEC shares no director with another company.
| Poth, Rémy (sole trader)
establishment since 01-10-2009 |
founded in 2009 0819.272.094 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
VIVELEC was incorporated on 5 October 2021 as a private limited company by one natural person, with a starting capital of €3,000.12 is director of the company, appointed by deed of 07-10-2021.2 Total assets rose from €109,337 in 2022 to €540,436 in 2025 and headcount from 2 full-time equivalents in 2023 to 3.5 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Rue Charles de Loupoigne 6 registered office 1348 Ottignies-Louvain-la-Neuve | 05-10-2021 | 2.322.745.568 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25385B0009/00L002 | 339 m² | 1 · 104 m² | 8.1 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0775.282.002
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