Losses
-€10.5m in eight years
Every financial year from 2016 to 2025 closed with a loss. 2022 was the heaviest.
VIVIAS - Interkommunale Eifel
Lifetime
18 annual accounts with figures on one time axis, 32 filings since 1993peak €17.9m (2025)
€17.9m▲ 8.3%
lowest -€2.3m (2022)
-€1.9m▼ €1.0m
peak €11.0m (2016)
€7.1m▼ 3.4%
€17.2m▼ 4.7%
peak 257.4 FTE (2025)
257.4 FTE▲ 3.1%
Board41 names since 2023all names
-
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Loss of €1.9mAppointment: Emmanuelle PFEIFFER (sekretärin des verwaltungso… 22-09Capital contribution of €40,425 19-06Cash from €13.8m to €1.9m
Key points
from the 2025 annual accountsDebts
€17.2m 71% of the balance sheet
Financial debts 14%Suppliers 6%Taxes and wages 31%Other 49%
Of this, €7.4m falls due within a year.
Staff
390 employees on 31-12-2025
In 2025, 305 people joined and 292 left. On top of that, 6.6 agency workers worked there on average.
Payment terms
89 days to suppliers
VIVIAS - Interkommunale Eifel pays its suppliers 88 days earlier than in 2024. Customers pay 5 days earlier.
Filings
32 annual accounts since 1993
Four of the last ten came late. The 2021 accounts came latest: 80 days after the end of the period.
Position in the sector
-€1.9m
Lower net result than 95% of companies in residential care. Sector median €23,409 · 699 companies.
Checked score
85
Excellent
Financially stronger than 30% of large companies in residential care (NACE 87)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 95 companies (NACE 87, large).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €1.9m, the second in a row (financial year 2025)
Legal form: coöperatieve vennootschap van publiek recht
lowers risk
Sector: Residential care activities (NACE 87)
Founded in 1988
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, large). It does better than 27% of them on solvency, 37% on liquidity, 5% on profitability and 52% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 137 companies had the same profile as VIVIAS - Interkommunale Eifel has now. Each dot is one company, two years later.
95.6%
were still trading
2.2%
stopped another way
2.2%
went bankrupt
The bankruptcy probability of VIVIAS - Interkommunale Eifel itself is lower: 0.2% within 12 months. It rests on far more data about VIVIAS - Interkommunale Eifel than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 137 companies, not a prediction for VIVIAS - Interkommunale Eifel. 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.
Credit verdict
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (2.47 in 2024), above the usual 1.5. Short-term debt is 30.3% and cash 7.7% of total assets. However, 70.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
21 days early
2023
on the day
2022
on the day
2021
80 days late
2020
10 days late
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0233605692
Appointment: Emmanuelle PFEIFFER (sekretärin des verwaltungsorgans)
Board meeting of 14-07-2025 · Gazette deed
Capital contribution of €40,425
Contributions: Amel (€3,375, 135 shares); Sankt Vith (€22,875, 915 shares); Büllingen (€4,800, 192 shares); and 2 others · Resignations: Daniel Erwin FRANZEN, Marion DHUR, Ursula Josephine GEHLEN, Roland Anton GILSON, Werner HENKES, Karla HERBRAND and 9 others · Appointments: Daniel Erwin FRANZEN, Ursula Josephine GEHLEN, Karla HERBRAND, Anna Katharina Maria PAUELS, Alexander KRINGELS, Anne Ingrid MOLLERS and 10 others · Gazette deed
5 directors appointed, 11 resignations
Change of role: Daniel Erwin FRANZEN, from director to präsident des verwaltungsrates · Appointments: TKS AUDIT GmbH (kommissar revisor), Gregor Friedrich Ernst FRECHES, Roland Anton GILSON, René HOFFMANN (vizepräsident des verwaltungsrates) and Werner HENKES · Resignations: Jana MÜSCH, Leo KREINS, Hermann Joseph PAUELS, Gregor Friedrich Ernst FRECHES, Hilde BEELDENS, Nicole CURNEL and 5 others · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VIVIAS - Interkommunale Eifel Butgenbach | €17.9m | -13.9% | 29.2% | 257.4 |
| LA MAISON DE MARIEMONT Morlanwelz | €13.8m | 4.6% | 49.8% | 234.6 |
| Vincenthof Ghent | €18.3m | 4.9% | 94.1% | 215.4 |
| Salvator Welzijnscentrum Hasselt | €18.2m | -0.4% | 38.2% | 203.2 |
| Woon- en Zorgcentrum Sint.-Vincentius Erpe-Mere | €15.4m | -6.9% | 33.4% | 210.1 |
| Bejaardenzorg Grauwzusters Limburg Hasselt | €22.7m | 5.3% | 79.5% | 295.8 |
| VALDAMI Ottignies-Louvain-la-Neuve | €23.4m | -2.6% | 49.5% | 304.4 |
Grey: the largest companies of the sector (residential care (NACE 87)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as VIVIAS - Interkommunale Eifel: residential care activities (NACE 87301). They are comparable in size and age: total assets between €13m and €43m, founded between 1981 and 1986.
Official details
Source: KBO- Status
- Active since 29-02-1988Normal situation
- Activity
- Residential care activitiesNACE 87301
- Establishment units
- 2.159.124.8794750 Butgenbach, since 29-02-1988
- 2.159.125.0774780 Saint-Vith, since 29-02-1988and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- €24.3m▼ 4.3%
- Employeeson 31-12-2025
- 390▲ 3.4%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on VIVIAS - Interkommunale Eifel
VIVIAS - Interkommunale Eifel has existed since 1988. Turnover grew from €5.0m in 2006 to €17.9m in 2025 and staff from 126 to 257.4 full-time equivalents.
Turnover has grown every year since 2022.
In November 2023, eight directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VIVIAS - Interkommunale Eifel
- What is the company number of VIVIAS - Interkommunale Eifel?
- The company number of VIVIAS - Interkommunale Eifel is 0233.605.692. The VAT number is the same number with BE in front: BE 0233.605.692.
- Where is VIVIAS - Interkommunale Eifel based?
- The registered office is at Zum Walkerstal 15, 4750 Butgenbach.Company details
- What does VIVIAS - Interkommunale Eifel do?
- According to the KBO register, the main activity is residential care activities (NACE 87301).
- What is the legal form of VIVIAS - Interkommunale Eifel?
- Legal form of VIVIAS - Interkommunale Eifel: Coöperatieve vennootschap van publiek recht.
- When was VIVIAS - Interkommunale Eifel founded?
- VIVIAS - Interkommunale Eifel was founded on 29-02-1988.
- Is VIVIAS - Interkommunale Eifel still active?
- Yes, VIVIAS - Interkommunale Eifel is an active enterprise in the KBO register.
- How many employees does VIVIAS - Interkommunale Eifel have?
- VIVIAS - Interkommunale Eifel had an average of 257.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VIVIAS - Interkommunale Eifel?
- The turnover of VIVIAS - Interkommunale Eifel was €17.9m in financial year 2025, according to the filed annual accounts.
- Is VIVIAS - Interkommunale Eifel profitable?
- In financial year 2025, VIVIAS - Interkommunale Eifel made a loss of €1.9m.
- Where can I find the annual accounts of VIVIAS - Interkommunale Eifel?
- VIVIAS - Interkommunale Eifel filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VIVIAS - Interkommunale Eifel due?
- VIVIAS - Interkommunale Eifel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.