VIVET PROJECTS
ActiveSummary
VIVET PROJECTS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €462k and a net result of €182k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▲+2
Solvency36▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.12 in 2024; short-term debt: 89.2% and cash: 4.4% of total assets), and 89.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.8%
Return on assets
4.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
17 d early
2023
20 d early
2022
18 d early
2021
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€462k▼ 59.4%
2024 · €1.14M
2021: €332klowest in 5 years
2022: €1.51M▲ +356% vs 2021
2023: €2.09M▲ +38.3% vs 2022highest in 5 years
2024: €1.14M▼ -45.6% vs 2023
2025: €462k▼ -59.4% vs 2024
2021 → 2025
Total assets
€4.28M▼ 49.6%
2024 · €8.51M
2021: €4.73M
2022: €7.40M▲ +56.4% vs 2021
2023: €7.51M▲ +1.4% vs 2022
2024: €8.51M▲ +13.3% vs 2023highest in 5 years
2025: €4.28M▼ -49.6% vs 2024lowest in 5 years
2021 → 2025
Net result
€182k▼ 35.1%
2024 · €280k
2021: €326k
2022: €1.18M▲ +262% vs 2021highest in 5 years
2023: €580k▼ -50.9% vs 2022
2024: €280k▼ -51.7% vs 2023
2025: €182k▼ -35.1% vs 2024lowest in 5 years
2021 → 2025
Working capital
€238k▼ 74.0%
2024 · €915k
2021: €328k
2022: €1.51M▲ +360% vs 2021
2023: €2.08M▲ +37.7% vs 2022highest in 5 years
2024: €915k▼ -56.0% vs 2023
2025: €238k▼ -74.0% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€332k-€1.51M▲ 356%€2.09M▲ 38.3%€1.14M▼ 45.6%€462k▼ 59.4%
2021: €332klowest in 5 years
2022: €1.51M▲ +356% vs 2021
2023: €2.09M▲ +38.3% vs 2022highest in 5 years
2024: €1.14M▼ -45.6% vs 2023
2025: €462k▼ -59.4% vs 2024
Operating result€444k-€1.61M▲ 263%€812k▼ 49.5%€373k▼ 54.0%€231k▼ 38.2%
2021: €444k
2022: €1.61M▲ +263% vs 2021highest in 5 years
2023: €812k▼ -49.5% vs 2022
2024: €373k▼ -54.0% vs 2023
2025: €231k▼ -38.2% vs 2024lowest in 5 years
Net result€326k-€1.18M▲ 262%€580k▼ 50.9%€280k▼ 51.7%€182k▼ 35.1%
2021: €326k
2022: €1.18M▲ +262% vs 2021highest in 5 years
2023: €580k▼ -50.9% vs 2022
2024: €280k▼ -51.7% vs 2023
2025: €182k▼ -35.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 38% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.28M
Fixed assets
€224k =
Current assets
€4.06M ▼ 51.0%
Equity and liabilities €4.28M
Equity
€462k ▼ 59.4%
Debt
€3.82M ▼ 48.1%
Debt's share of the balance-sheet total rises from 86.6% to 89.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.06▼
2024 · 1.12
Quick ratio
0.18▼
2024 · 0.60
Debt to equity
8.27▲
2024 · 6.47
ROE
39.3%▲
2024 · 24.6%
ROA
4.2%▲
2024 · 3.3%
Debt ≤ 1 year
€3.82M▼
2024 · €7.37M
Income taxes
€61k▼
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.51M€4.28M▼
Fixed assets21/28€224k€224k=
Financial fixed assets28€224k€224k=
Current assets29/58€8.28M€4.06M▼
Stocks and contracts in progress3€3.89M€3.37M▼
Stocks30/36€3.89M€3.37M▼
Amounts receivable within one year40/41€4.09M€505k▼
Trade receivables40€4k€4k▼
Other amounts receivable41€4.09M€501k▼
Cash at bank and in hand54/58€198k€189k▼
Deferred charges and accrued income490/1€100k-
Equity and liabilities
Total equity and liabilities10/49€8.51M€4.28M▼
Equity10/15€1.14M€462k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€1.13M€456k▼
Amounts payable17/49€7.37M€3.82M▼
Amounts payable within one year42/48€7.37M€3.82M▼
Financial debts43€4.64M€1.83M▼
Credit institutions430/8€2.13M€1.69M▼
Other loans439€2.51M€145k▼
Trade debts44€145k€77k▼
Suppliers440/4€145k€77k▼
Taxes, remuneration and social security45€317k€61k▼
Taxes450/3€317k€61k▼
Other amounts payable47/48€2.27M€1.85M▼
Accrued charges and deferred income492/3€85-
Income statement
Code20242025
Other operating charges640/8€26k€1k▼
Gross operating margin9900€399k€232k▼
Operating profit (loss)9901€373k€231k▼
Financial income75/76B€15k€13k▼
Recurring financial income75€15k€13k▼
Financial charges65/66B€615€666▲
Recurring financial charges65€615€666▲
Profit (loss) for the period before taxes9903€387k€243k▼
Income taxes67/77€107k€61k▼
Profit (loss) for the period9904€280k€182k▼
Profit (loss) for the period to be appropriated9905€280k€182k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.37M€1.32M▼
Profit (loss) brought forward from the previous period14P€2.09M€1.13M▼
Profit to be distributed694/7€1.23M€859k▼
Return on contributions (dividend)694€1.23M€859k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | - | - | - | - | - |
| Other operating charges640/8 | €198k | €9k | €3k | €26k | €1k | ▼ 94.8% |
| Gross operating margin9900 | €642k | €1.62M | €814k | €399k | €232k | ▼ 41.8% |
| Operating profit (loss)9901 | €444k | €1.61M | €812k | €373k | €231k | ▼ 38.2% |
| Financial income75/76B | €20k | €12k | €6k | €15k | €13k | ▼ 13.5% |
| Recurring financial income75 | €20k | €12k | €6k | €15k | €13k | ▼ 13.5% |
| Financial charges65/66B | €25k | €15k | €27k | €615 | €666 | ▲ 8.3% |
| Recurring financial charges65 | €25k | €15k | €27k | €615 | €666 | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €438k | €1.61M | €791k | €387k | €243k | ▼ 37.3% |
| Income taxes67/77 | €112k | €424k | €211k | €107k | €61k | ▼ 43.0% |
| Profit (loss) for the period9904 | €326k | €1.18M | €580k | €280k | €182k | ▼ 35.1% |
| Profit (loss) for the period to be appropriated9905 | €326k | €1.18M | €580k | €280k | €182k | ▼ 35.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.73M | €7.40M | €7.51M | €8.51M | €4.28M | ▼ 49.6% |
| Fixed assets21/28 | €4k | €4k | €14k | €224k | €224k | = |
| Financial fixed assets28 | €4k | €4k | €14k | €224k | €224k | = |
| Current assets29/58 | €4.73M | €7.40M | €7.49M | €8.28M | €4.06M | ▼ 51.0% |
| Stocks and contracts in progress3 | €3.27M | €6.07M | €5.28M | €3.89M | €3.37M | ▼ 13.6% |
| Stocks30/36 | €3.27M | €6.07M | €5.28M | €3.89M | €3.37M | ▼ 13.6% |
| Amounts receivable within one year40/41 | €1.23M | €997k | €1.80M | €4.09M | €505k | ▼ 87.7% |
| Trade receivables40 | €223k | €14k | €4k | €4k | €4k | ▼ 16.1% |
| Other amounts receivable41 | €1.01M | €983k | €1.79M | €4.09M | €501k | ▼ 87.7% |
| Cash at bank and in hand54/58 | €223k | €331k | €415k | €198k | €189k | ▼ 4.5% |
| Deferred charges and accrued income490/1 | - | - | - | €100k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.73M | €7.40M | €7.51M | €8.51M | €4.28M | ▼ 49.6% |
| Equity10/15 | €332k | €1.51M | €2.09M | €1.14M | €462k | ▼ 59.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €326k | €1.51M | €2.09M | €1.13M | €456k | ▼ 59.8% |
| Amounts payable17/49 | €4.40M | €5.89M | €5.41M | €7.37M | €3.82M | ▼ 48.1% |
| Amounts payable within one year42/48 | €4.40M | €5.89M | €5.41M | €7.37M | €3.82M | ▼ 48.1% |
| Financial debts43 | €2.95M | €4.63M | €4.47M | €4.64M | €1.83M | ▼ 60.5% |
| Credit institutions430/8 | €1.63M | €3.78M | €3.47M | €2.13M | €1.69M | ▼ 20.8% |
| Other loans439 | €1.32M | €852k | €1.00M | €2.51M | €145k | ▼ 94.2% |
| Trade debts44 | €85k | €111k | €71k | €145k | €77k | ▼ 46.9% |
| Suppliers440/4 | €85k | €111k | €71k | €145k | €77k | ▼ 46.9% |
| Taxes, remuneration and social security45 | €2k | €376k | €585k | €317k | €61k | ▼ 80.6% |
| Taxes450/3 | €2k | €376k | €585k | €317k | €61k | ▼ 80.6% |
| Other amounts payable47/48 | €1.36M | €772k | €284k | €2.27M | €1.85M | ▼ 18.3% |
| Accrued charges and deferred income492/3 | - | - | - | €85 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €326k | €1.18M | €580k | €280k | €182k | ▼ 35.1% |
| + Depreciation and write-downs630 | €1k | - | - | - | - | - |
| Operating cash flow (approximation) | €327k | €1.18M | €580k | €280k | €182k | ▼ 35.1% |
| Investment in fixed assets (approximation) | - | €0 | €-10k | €-210k | €0 | ▲ 100% |
| Change in cash | - | €109k | €83k | €-217k | €-9k | ▲ 95.9% |
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
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €182k ▼35.1%
Net result drops to €182k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.09M ▲38.3%
3 profitable years in a row build equity to €2.09M.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €1.18M ▲262%
Operating result €1.61M, net result €1.18M, both a record.
31-12
Financial
Equity above €1MEq €1.51M ▲356%
2 profitable years in a row build equity to €1.51M.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2020
Ground area
789 m²
Building footprint
257 m²
Volume, LiDAR
3,851 m³
Parcel 71022H0530/00R003, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
57
companies at this address
See who is registered here
1 establishment unit
VIVET PROJECTS
since 20202.303.005.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0530/00R003 | Flanders | 789 m² | 1 · 257 m² | 17.6 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.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,788 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
Founded31-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.