VIVO Concept
ActiveSummary
VIVO Concept has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €403k and a net result of €47k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-8
Solvency85▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.35 against 2.63 in 2024; short-term debt: 19.7% and cash: 13.8% of total assets), and 39.6% 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
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
60.4%
Return on assets
7%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
37 d early
2023
148 d early
2022
52 d early
2021
55 d early
2020
32 d early
2019
59 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€403k▲ 13.1%
2024 · €356k
2018: €104k
2019: €109k
2020: €158k
2021: €202k
2022: €270k
2023: €315k
2024: €356k
2018 → 2025
Total assets
€667k▲ 13.7%
2024 · €586k
2018: €248k
2019: €209k
2020: €269k
2021: €279k
2022: €587k
2023: €598k
2024: €586k
2018 → 2025
Net result
€47k▼ 39.0%
2024 · €76k
2018: €28k
2019: €35k
2020: €55k
2021: €63k
2022: €80k
2023: €73k
2024: €76k
2018 → 2025
Working capital
€308k▲ 26.8%
2024 · €243k
2018: €81k
2019: €97k
2020: €124k
2021: €151k
2022: €130k
2023: €185k
2024: €243k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€270k▲ 33.9%€315k▲ 16.7%€356k▲ 13.0%€403k▲ 13.1%
Operating result€88k-€102k▲ 15.9%€113k▲ 10.5%€121k▲ 7.5%€84k▼ 30.6%
Net result€63k-€80k▲ 27.4%€73k▼ 9.1%€76k▲ 4.9%€47k▼ 39.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €667k
Fixed assets
€227k ▲ 17.1%
Current assets
€440k ▲ 12.0%
Equity and liabilities €667k
Equity
€403k ▲ 13.1%
Debt
€264k ▲ 14.7%
Debt's share of the balance-sheet total rises from 39.2% to 39.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€148k▼
2024 · €178k
Cash flow
€110k▼
2024 · €133k
Current ratio
3.35▲
2024 · 2.63
Quick ratio
2.72▲
2024 · 2.11
Debt to equity
0.66▲
2024 · 0.65
ROE
11.6%▼
2024 · 21.4%
ROA
7.0%▼
2024 · 13.0%
Interest coverage
8.97▼
2024 · 13.48
Debt ≤ 1 year
€131k▼
2024 · €149k
Debt > 1 year
€133k▲
2024 · €81k
Income taxes
€23k▼
2024 · €33k
Staff costs
€226k▼
2024 · €229k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€586k€667k▲
Fixed assets21/28€194k€227k▲
Intangible fixed assets21€14k€21k▲
Tangible fixed assets22/27€170k€196k▲
Plant, machinery and equipment23€60k€109k▲
Furniture and vehicles24€21k€17k▼
Leasing and similar rights25€26k€17k▼
Other tangible fixed assets26€63k€54k▼
Financial fixed assets28€10k€10k=
Current assets29/58€392k€440k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€78k€82k▲
Stocks30/36€11k€20k▲
Contracts in progress37€67k€63k▼
Amounts receivable within one year40/41€198k€216k▲
Trade receivables40€197k€169k▼
Other amounts receivable41€1k€48k▲
Cash at bank and in hand54/58€95k€92k▼
Deferred charges and accrued income490/1€21k€49k▲
Equity and liabilities
Total equity and liabilities10/49€586k€667k▲
Equity10/15€356k€403k▲
Contributions10/11€7k€7k=
Reserves13€349k€396k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€347k€394k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€230k€264k▲
Amounts payable after more than one year17€81k€133k▲
Financial debts170/4€81k€133k▲
Amounts payable within one year42/48€149k€131k▼
Current portion of amounts payable after more than one year42€26k€38k▲
Trade debts44€55k€73k▲
Suppliers440/4€55k€73k▲
Advances received on contracts in progress46€268€0▼
Taxes, remuneration and social security45€26k€20k▼
Taxes450/3€16k€11k▼
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€42k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€229k€226k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€63k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€670€0▼
Gross operating margin9900€410k€377k▼
Operating profit (loss)9901€121k€84k▼
Financial income75/76B€488€2k▲
Recurring financial income75€488€2k▲
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€109k€69k▼
Income taxes67/77€33k€23k▼
Profit (loss) for the period9904€76k€47k▼
Profit (loss) for the period to be appropriated9905€76k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€47k▼
Transfer from equity791/2€35k€0▼
Transfer to equity691/2€76k€47k▼
To other reserves6921€76k€47k▼
Profit to be distributed694/7€35k€0▼
Return on contributions (dividend)694€35k€0▼
Social balance
Average headcount (FTE)90873.43.4=
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €80k ▲27.4%
Net result €80k, the highest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €202k ▲27.9%
4 profitable years in a row build equity to €202k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €158k ▲45%
3 profitable years in a row build equity to €158k.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kaprijke · 1 establishment unit since 2008
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.
Molenstraat 409970 KaprijkeGround area
1,991 m²
Building footprint
158 m²
Volume, LiDAR
900 m³
Parcel 43007A1505/00T000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VIVO Concept
since 20082.170.614.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43007A1505/00T000 | Flanders | 1,991 m² | 1 · 158 m² | 8.1 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 13,729 EUR awarded · 13,729 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 13,729 EUR | 13,729 EUR |
Schemes
Individueel Maatwerk
Similar companies · same sector, comparable size
Broux Houtconstructies
BE 0878.824.255
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ESCALA
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LEO STEVENS TRAPPEN
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HAHBOS
BE 0457.566.519
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SCHREINEREI JOSEF GILLESSEN
BE 0457.896.814
Sankt Vith · Eq €415k
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tom@vivo-interieur.be