VIVICO
ActiveSummary
The computed 12-month bankruptcy probability of VIVICO is 2.7% (moderate). The 2024 annual accounts show equity of €300,911 and a net result of €19,351. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 1762 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability59▼-22
Solvency83▲+12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.49 in 2023; short-term debt: 41.8% and cash: 57.8% of total assets), and 41.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 30-08-2025, 30 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
30 d late
2023
117 d late
2022
152 d late
2021
31 d late
2020
152 d late
2019
70 d late
← 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 92 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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
#6 employer in Sint-Lambrechts-Woluwe, Accommodation and food service sector#8 company by equity in Sint-Lambrechts-Woluwe, Accommodation and food service sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19,351▼ 70.4%
2023 · €65,452
Working capital
€159,377▼ 5.9%
2023 · €169,383
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€69,716▲ 216%€209,913▲ 201%€60,155▼ 71.3%€89,710▲ 49.1%€33,152▼ 63.0%
Net result€56,302above the sector's middle half▲ 287%€183,762above the sector's middle half▲ 226%€40,380within the sector's middle half▼ 78.0%€65,452above the sector's middle half▲ 62.1%€19,351within the sector's middle half▼ 70.4%
Equity€248,978above the sector's middle half▲ 13.5%€322,910above the sector's middle half▲ 29.7%€353,459above the sector's middle half▲ 9.5%€309,081above the sector's middle half▼ 12.6%€300,911above the sector's middle half▼ 2.6%
Total assets€549,197above the sector's middle half▼ 1.1%€703,511above the sector's middle half▲ 28.1%€615,797within the sector's middle half▼ 12.5%€669,211within the sector's middle half▲ 8.7%€517,378within the sector's middle half▼ 22.7%
Debt€300,219▼ 10.7%€380,601▲ 26.8%€262,338▼ 31.1%€360,130▲ 37.3%€216,467▼ 39.9%
Working capital€143,477above the sector's middle half▲ 61.7%€186,755above the sector's middle half▲ 30.2%€210,636above the sector's middle half▲ 12.8%€169,383above the sector's middle half▼ 19.6%€159,377above the sector's middle half▼ 5.9%
Solvency45.3%within the sector's middle half▲ 5.8pp45.9%within the sector's middle half▲ 0.6pp57.4%above the sector's middle half▲ 11.5pp46.2%within the sector's middle half▼ 11.2pp58.2%above the sector's middle half▲ 12.0pp
Current ratio1.83within the sector's middle half▲ 0.361.64within the sector's middle half▼ 0.201.98above the sector's middle half▲ 0.341.49within the sector's middle half▼ 0.491.74above the sector's middle half▲ 0.24
Return on assets (ROA)10.3%within the sector's middle half▲ 7.6pp26.1%above the sector's middle half▲ 15.9pp6.6%within the sector's middle half▼ 19.6pp9.8%within the sector's middle half▲ 3.2pp3.7%within the sector's middle half▼ 6.0pp
Staff (FTE)15.9above the sector's middle half▲ 57.4%16.2above the sector's middle half▲ 1.9%18.9above the sector's middle half▲ 16.7%19.6above the sector's middle half▲ 3.7%20.1above the sector's middle half▲ 2.6%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 €517,378
Fixed assets
€141,534 ▼ 10.1%
Current assets
€375,844 ▼ 26.6%
Equity and liabilities €517,378
Equity
€300,911 ▼ 2.6%
Debt
€216,467 ▼ 39.9%
Debt's share of the balance-sheet total falls from 53.8% to 41.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€71,580▼
2023 · €134,011
Cash flow
€57,779▼
2023 · €109,753
Quick ratio
1.62▲
2023 · 1.41
Debt to equity
0.72▼
2023 · 1.17
ROE
6.4%▼
2023 · 21.2%
Interest coverage
4.30▼
2023 · 9.06
Debt ≤ 1 year
€216,467▼
2023 · €342,438
Income taxes
€6,168▼
2023 · €19,777
Staff costs
€881,976▲
2023 · €851,690
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 14,732 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 | - | €121,575 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €411,161 | €747,054 | €851,690 | €881,976 | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,713 | €38,671 | €41,428 | €44,301 | €38,428 | ▼ 13.3% |
| Other operating charges640/8 | - | €3,361 | €11,517 | €6,502 | €4,297 | ▼ 33.9% |
| Non-recurring operating charges66A | - | - | €1,454 | - | - | - |
| Gross operating margin9900 | €479,279 | €663,106 | €861,608 | €992,203 | €957,853 | ▼ 3.5% |
| Operating profit (loss)9901 | €69,716 | €209,913 | €60,155 | €89,710 | €33,152 | ▼ 63.0% |
| Financial income75/76B | - | €10,348 | €10,016 | €10,306 | €9,018 | ▼ 12.5% |
| Recurring financial income75 | €10,031 | €10,348 | €10,016 | €10,306 | €9,018 | ▼ 12.5% |
| Financial charges65/66B | - | €9,684 | €14,062 | €14,787 | €16,651 | ▲ 12.6% |
| Recurring financial charges65 | €9,589 | €9,684 | €14,062 | €14,787 | €16,651 | ▲ 12.6% |
| Profit (loss) for the period before taxes9903 | €70,158 | €210,577 | €56,109 | €85,229 | €25,519 | ▼ 70.1% |
| Income taxes67/77 | €13,856 | €26,815 | €15,729 | €19,777 | €6,168 | ▼ 68.8% |
| Profit (loss) for the period9904 | €56,302 | €183,762 | €40,380 | €65,452 | €19,351 | ▼ 70.4% |
| Profit (loss) for the period to be appropriated9905 | €56,302 | €183,762 | €40,380 | €65,452 | €19,351 | ▼ 70.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €549,197 | €703,511 | €615,797 | €669,211 | €517,378 | ▼ 22.7% |
| Fixed assets21/28 | €233,544 | €224,117 | €190,437 | €157,390 | €141,534 | ▼ 10.1% |
| Tangible fixed assets22/27 | €233,544 | €224,117 | €190,437 | €157,390 | €141,534 | ▼ 10.1% |
| Plant, machinery and equipment23 | - | €220,383 | €184,849 | €148,302 | €130,694 | ▼ 11.9% |
| Furniture and vehicles24 | - | €3,734 | €5,588 | €9,088 | €10,840 | ▲ 19.3% |
| Current assets29/58 | €315,653 | €479,394 | €425,360 | €511,821 | €375,844 | ▼ 26.6% |
| Stocks and contracts in progress3 | €13,252 | €15,258 | €23,655 | €28,689 | €25,707 | ▼ 10.4% |
| Stocks30/36 | - | €15,258 | €23,655 | €28,689 | €25,707 | ▼ 10.4% |
| Amounts receivable within one year40/41 | €22,167 | €18,085 | €36,873 | €51,647 | €39,492 | ▼ 23.5% |
| Trade receivables40 | - | €4,968 | €6,955 | €21,515 | €17,455 | ▼ 18.9% |
| Other amounts receivable41 | - | €13,117 | €29,918 | €30,132 | €22,037 | ▼ 26.9% |
| Cash at bank and in hand54/58 | €278,740 | €439,681 | €361,482 | €423,617 | €299,172 | ▼ 29.4% |
| Deferred charges and accrued income490/1 | - | €6,370 | €3,350 | €7,868 | €11,473 | ▲ 45.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €549,197 | €703,511 | €615,797 | €669,211 | €517,378 | ▼ 22.7% |
| Equity10/15 | €248,978 | €322,910 | €353,459 | €309,081 | €300,911 | ▼ 2.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €23,332 | ▲ 25.4% |
| Reserves13 | €29,594 | €113,356 | €153,736 | €153,736 | €149,004 | ▼ 3.1% |
| Non-distributable reserves130/1 | - | €4,732 | €4,732 | €4,732 | - | - |
| Reserves not available under the articles1311 | - | €4,732 | €4,732 | €4,732 | - | - |
| Tax-exempt reserves132 | - | €8,510 | €8,510 | €8,510 | €8,510 | = |
| Distributable reserves133 | - | €100,114 | €140,494 | €140,494 | €140,494 | = |
| Profit (loss) carried forward14 | €136,134 | €136,134 | €136,134 | €101,586 | €101,937 | ▲ 0.3% |
| Investment grants15 | - | €54,820 | €44,989 | €35,159 | €26,638 | ▼ 24.2% |
| Amounts payable17/49 | €300,219 | €380,601 | €262,338 | €360,130 | €216,467 | ▼ 39.9% |
| Amounts payable after more than one year17 | €127,888 | €87,962 | €47,614 | €6,838 | - | - |
| Financial debts170/4 | - | €87,962 | €47,614 | €6,838 | - | - |
| Amounts payable within one year42/48 | €172,176 | €292,639 | €214,724 | €342,438 | €216,467 | ▼ 36.8% |
| Current portion of amounts payable after more than one year42 | - | €46,702 | €47,134 | €47,690 | €29,157 | ▼ 38.9% |
| Trade debts44 | €31,945 | €81,136 | €98,721 | €103,935 | €96,128 | ▼ 7.5% |
| Suppliers440/4 | - | €81,136 | €98,721 | €103,935 | €96,128 | ▼ 7.5% |
| Taxes, remuneration and social security45 | - | €94,801 | €68,869 | €120,813 | €77,882 | ▼ 35.5% |
| Taxes450/3 | - | €66,917 | €17,350 | €58,522 | €34,794 | ▼ 40.5% |
| Remuneration and social security454/9 | - | €27,884 | €51,519 | €62,291 | €43,088 | ▼ 30.8% |
| Other amounts payable47/48 | - | €70,000 | - | €70,000 | €13,300 | ▼ 81.0% |
| Accrued charges and deferred income492/3 | - | - | - | €10,854 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,302 | €183,762 | €40,380 | €65,452 | €19,351 | ▼ 70.4% |
| + Depreciation and write-downs630 | €46,713 | €38,671 | €41,428 | €44,301 | €38,428 | ▼ 13.3% |
| Operating cash flow (approximation) | €103,015 | €222,433 | €81,808 | €109,753 | €57,779 | ▼ 47.4% |
| Investment in fixed assets (approximation) | - | -€29,244 | -€7,748 | -€11,254 | -€22,572 | ▼ 101% |
| Change in cash | - | €160,941 | -€78,199 | €62,135 | -€124,445 | ▼ 300% |
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
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 117 days late
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 152 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €183,762 ▲226%
Operating result €209,913, net result €183,762, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 152 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
2019
31-12
Financial
Weakest financial yearnet €14,564 ▼73.1%
Net result drops to €14,564, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200,000Eq €219,377 ▲34.2%
2 profitable years in a row build equity to €219,377.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 49 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 57 days late
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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 2 establishment units since 1992
Ground area
1,532 m²
Building footprint
338 m²
Volume, LiDAR
2,387 m³
2 parcels, Brussels · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
LE NENUPHAR
since 19922.056.971.409
Dejonckerstraat 21, 1060 Sint-Gillis (bij-Brussel)
since 20192.281.811.469
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0101/00F013 | Brussels | 1,283 m² | 1 · 237 m² | 11.3 m · 2 fl. |
| 21013B0006/00H014 | Brussels | 248 m² | 1 · 101 m² | 17.9 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSint-Gillis2.281.811.469
Sint-Lambrechts-Woluwe2.056.971.409
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Of 20,500 companies in this sector we hold annual accounts for 11,468. 7,654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded25-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445258605
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.