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VIX PROJECTS

Active
Private limited company (pre-2019)founded 20197 yrs activeMerelstraat 28, 2250 Olen, BelgiumKBO/BCE: BE 0719.434.449

VIX PROJECTS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €-5k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
49 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▼-58
Solvency56▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 3.45 in 2024; short-term debt: 62.5% and cash: 5.9% of total assets), and 68.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
31.3%
Return on assets
-2.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings
Deviation from the deadline
2025
31 d late
2024
31 d late
2023
91 d late
2022
122 d late
2021
30 d late
2020
31 d late
2019
80 d late
← before the deadline after the deadline →
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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€62k▼ 7.7%
2024 · €67k
2019: €38k 2020: €52k 2021: €55k 2022: €48k 2023: €49k 2024: €67k
2019 → 2025
Total assets
€199k▲ 7.7%
2024 · €185k
2019: €59k 2020: €94k 2021: €69k 2022: €88k 2023: €76k 2024: €185k
2019 → 2025
Net result
€-5k
2024 · €18k
2019: €38k 2020: €14k 2021: €3k 2022: €-7k 2023: €1k 2024: €18k
2019 → 2025
Working capital
€43k▼ 63.6%
2024 · €118k
2019: €31k 2020: €28k 2021: €25k 2022: €22k 2023: €28k 2024: €118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€55k-€48k▼ 12.3%€49k▲ 2.3%€67k▲ 36.7%€62k▼ 7.7%
Operating result€6k-€-5k€2k€30k▲ 1,349%€2k▼ 92.8%
Net result€3k-€-7k€1k€18k▲ 1,514%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €6k€6kNet result 2021: €3k€3kOperating result 2022: €-5k€-5kNet result 2022: €-7k€-7kOperating result 2023: €2k€2kNet result 2023: €1k€1kOperating result 2024: €30k€30kNet result 2024: €18k€18kOperating result 2025: €2k€2kNet result 2025: €-5k€-5k20212022202320242025
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets €31k▲ 72.2%
Current assets €167k▲ 0.6%
Equity and liabilities €199k
Equity €62k▼ 7.7%
Debt €137k▲ 16.6%
The debt ratio rises from 63.5% to 68.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7k
2024 · €34k
Cash flow
€-723
2024 · €22k
Solvency
31.3%
2024 · 36.5%
Current ratio
1.35
2024 · 3.45
Quick ratio
0.62
2024 · 1.58
Debt / equity
2.20
2024 · 1.74
ROE
-8.4%
2024 · 26.8%
ROA
-2.6%
2024 · 9.8%
Interest coverage
0.95
2024 · 8.02
Debt
€137k
2024 · €117k
Debt ≤ 1 year
€124k
2024 · €48k
Debt > 1 year
€12k
2024 · €69k
Income taxes
€356
2024 · €8k
Staff costs
€75k
2024 · €75k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€185k€199k
Fixed assets21/28€18k€31k
Tangible fixed assets22/27€18k€31k
Furniture and vehicles24€0-
Leasing and similar rights25-€17k
Other tangible fixed assets26€18k€15k
Current assets29/58€166k€167k
Stocks and contracts in progress3€90k€90k=
Stocks30/36€90k€90k=
Amounts receivable within one year40/41€49k€59k
Trade receivables40€18k€27k
Other amounts receivable41€31k€31k=
Cash at bank and in hand54/58€24k€12k
Deferred charges and accrued income490/1€4k€7k
Equity and liabilities
Total equity and liabilities10/49€185k€199k
Equity10/15€67k€62k
Contributions10/11€100€100=
Profit (loss) carried forward14€67k€62k
Amounts payable17/49€117k€137k
Amounts payable after more than one year17€69k€12k
Financial debts170/4€69k€12k
Amounts payable within one year42/48€48k€124k
Current portion of amounts payable after more than one year42-€4k
Financial debts43-€69k
Credit institutions430/8-€69k
Trade debts44€4k€9k
Suppliers440/4€4k€9k
Taxes, remuneration and social security45€28k€31k
Taxes450/3€24k€26k
Remuneration and social security454/9€5k€4k
Other amounts payable47/48€15k€12k
Income statement Code20242025
Remuneration, social security and pensions62€75k€75k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k
Other operating charges640/8€13k€5k
Non-recurring operating charges66A-€1k
Gross operating margin9900€122k€88k
Operating profit (loss)9901€30k€2k
Financial income75/76B€58€0
Recurring financial income75€58€0
Financial charges65/66B€4k€7k
Recurring financial charges65€4k€7k
Profit (loss) for the period before taxes9903€26k€-5k
Income taxes67/77€8k€356
Profit (loss) for the period9904€18k€-5k
Profit (loss) for the period to be appropriated9905€18k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€67k€62k
Profit (loss) brought forward from the previous period14P€49k€67k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
30-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
31-12
Financial Weakest financial yearnet €-7k ▼313%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 80 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Olen · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Merelstraat 282250 Olen
Ground area
2,472 m²
Building footprint
166 m²
Volume, LiDAR
876 m³
Parcel 13029D0149/00F002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vix Projects
Merelstraat 28, 2250 OlenHoldings
since 20192.287.891.785
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13029D0149/00F002 Flanders 2,472 m² 1 · 166 m² 8.2 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

2024 · 1 entry · 138 EUR awarded · 138 EUR paid
Year Entries awardedpaid
2024 1 138 EUR138 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 138 EUR · 138 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 39,163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded25-01-2019
Fiscal year end31-12
Abbreviation NL S-BVBA VIX PROJECTS
Trade name NL STARTER-besloten vennootschap met beperkte aansprakelijkheid
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
78200Temporary employment agencies and other provision of personnel
78300Employment activities
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:000000000
Establishment Olen 2.287.891.785