VLIC
ActiveSummary
VLIC has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181k and a net result of €3k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-19
Solvency78▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.51 in 2023; short-term debt: 15.4% and cash: 5.1% of total assets), and 47.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
36 d early
2022
46 d early
2021
33 d early
2020
30 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€181k▲ 1.9%
2023 · €178k
2018: €156k
2019: €122k▼ -21.9% vs 2018lowest in 7 years
2020: €146k▲ +20.2% vs 2019
2021: €151k▲ +3.4% vs 2020
2022: €168k▲ +11.5% vs 2021
2023: €178k▲ +5.7% vs 2022
2024: €181k▲ +1.9% vs 2023highest in 7 years
2018 → 2024
Total assets
€345k▲ 14.9%
2023 · €301k
2018: €319k
2019: €374k▲ +17.3% vs 2018highest in 7 years
2020: €271k▼ -27.5% vs 2019
2021: €231k▼ -14.8% vs 2020lowest in 7 years
2022: €263k▲ +13.9% vs 2021
2023: €301k▲ +14.2% vs 2022
2024: €345k▲ +14.9% vs 2023
2018 → 2024
Net result
€3k▼ 64.5%
2023 · €10k
2018: €40k
2019: €41k▲ +3.6% vs 2018highest in 7 years
2020: €25k▼ -40.1% vs 2019
2021: €5k▼ -80.0% vs 2020
2022: €17k▲ +255% vs 2021
2023: €10k▼ -45.0% vs 2022
2024: €3k▼ -64.5% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-8k▲ 66.8%
2023 · €-23k
2018: €39khighest in 7 years
2019: €-37k▼ -194% vs 2018
2020: €-24k▲ +35.2% vs 2019
2021: €-43k▼ -82.3% vs 2020
2022: €-54k▼ -24.9% vs 2021lowest in 7 years
2023: €-23k▲ +57.2% vs 2022
2024: €-8k▲ +66.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€151k▲ 3.4%€168k▲ 11.5%€178k▲ 5.7%€181k▲ 1.9%
2020: €146klowest in 5 years
2021: €151k▲ +3.4% vs 2020
2022: €168k▲ +11.5% vs 2021
2023: €178k▲ +5.7% vs 2022
2024: €181k▲ +1.9% vs 2023highest in 5 years
Operating result€41k-€14k▼ 65.8%€29k▲ 107%€21k▼ 25.5%€19k▼ 9.5%
2020: €41khighest in 5 years
2021: €14k▼ -65.8% vs 2020lowest in 5 years
2022: €29k▲ +107% vs 2021
2023: €21k▼ -25.5% vs 2022
2024: €19k▼ -9.5% vs 2023
Net result€25k-€5k▼ 80.0%€17k▲ 255%€10k▼ 45.0%€3k▼ 64.5%
2020: €25khighest in 5 years
2021: €5k▼ -80.0% vs 2020
2022: €17k▲ +255% vs 2021
2023: €10k▼ -45.0% vs 2022
2024: €3k▼ -64.5% vs 2023lowest in 5 years
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 has fallen two years in a row; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €345k
Fixed assets
€300k ▲ 8.5%
Current assets
€46k ▲ 86.4%
Equity and liabilities €345k
Equity
€181k ▲ 1.9%
Debt
€164k ▲ 33.7%
Debt's share of the balance-sheet total rises from 40.8% to 47.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€42k▲
2023 · €37k
Cash flow
€26k▲
2023 · €25k
Current ratio
0.86▲
2023 · 0.51
Debt to equity
0.90▲
2023 · 0.69
ROE
1.9%▼
2023 · 5.4%
ROA
1.0%▼
2023 · 3.2%
Interest coverage
3.10▼
2023 · 5.06
Debt ≤ 1 year
€53k▲
2023 · €48k
Debt > 1 year
€111k▲
2023 · €75k
Income taxes
€3k▼
2023 · €5k
Staff costs
€58k▲
2023 · €51k
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€301k€345k▲
Fixed assets21/28€276k€300k▲
Tangible fixed assets22/27€276k€300k▲
Land and buildings22€236k€273k▲
Plant, machinery and equipment23€5k€10k▲
Furniture and vehicles24€6k€17k▲
Assets under construction and advance payments27€29k€0▼
Current assets29/58€24k€46k▲
Amounts receivable within one year40/41-€26k
Trade receivables40-€25k
Other amounts receivable41-€727
Cash at bank and in hand54/58€23k€18k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€301k€345k▲
Equity10/15€178k€181k▲
Contributions10/11€19k€19k=
Reserves13€159k€163k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€158k€161k▲
Amounts payable17/49€123k€164k▲
Amounts payable after more than one year17€75k€111k▲
Financial debts170/4-€41k
Other amounts payable178/9€75k€70k▼
Amounts payable within one year42/48€48k€53k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€24k€6k▼
Suppliers440/4€24k€6k▼
Taxes, remuneration and social security45€21k€25k▲
Taxes450/3€15k€19k▲
Remuneration and social security454/9€6k€6k▲
Other amounts payable47/48€2k€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€51k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€92k€103k▲
Operating profit (loss)9901€21k€19k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€7k€13k▲
Recurring financial charges65€7k€13k▲
Profit (loss) for the period before taxes9903€14k€6k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€10k€3k▼
Profit (loss) for the period to be appropriated9905€10k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€3k▼
Transfer to equity691/2€10k€3k▼
To other reserves6921€10k€3k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €45k | €46k | €51k | €58k | ▲ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €13k | €13k | €16k | €22k | ▲ 41.6% |
| Other operating charges640/8 | - | €4k | €4k | €4k | €4k | ▼ 2.7% |
| Gross operating margin9900 | €59k | €76k | €91k | €92k | €103k | ▲ 12.3% |
| Operating profit (loss)9901 | €41k | €14k | €29k | €21k | €19k | ▼ 9.5% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €6k | €4k | €7k | €13k | ▲ 82.7% |
| Recurring financial charges65 | €7k | €6k | €4k | €7k | €13k | ▲ 82.7% |
| Profit (loss) for the period before taxes9903 | €34k | €8k | €25k | €14k | €6k | ▼ 57.7% |
| Income taxes67/77 | €9k | €3k | €7k | €5k | €3k | ▼ 43.3% |
| Profit (loss) for the period9904 | €25k | €5k | €17k | €10k | €3k | ▼ 64.5% |
| Profit (loss) for the period to be appropriated9905 | €25k | €5k | €17k | €10k | €3k | ▼ 64.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €271k | €231k | €263k | €301k | €345k | ▲ 14.9% |
| Fixed assets21/28 | €238k | €225k | €222k | €276k | €300k | ▲ 8.5% |
| Tangible fixed assets22/27 | €238k | €225k | €222k | €276k | €300k | ▲ 8.5% |
| Land and buildings22 | - | €222k | €210k | €236k | €273k | ▲ 15.4% |
| Plant, machinery and equipment23 | - | - | - | €5k | €10k | ▲ 103% |
| Furniture and vehicles24 | - | €3k | €5k | €6k | €17k | ▲ 188% |
| Assets under construction and advance payments27 | - | - | €7k | €29k | €0 | ▼ 100% |
| Current assets29/58 | €33k | €6k | €41k | €24k | €46k | ▲ 86.4% |
| Amounts receivable within one year40/41 | - | - | €21k | - | €26k | - |
| Trade receivables40 | - | - | €21k | - | €25k | - |
| Other amounts receivable41 | - | - | - | - | €727 | - |
| Cash at bank and in hand54/58 | €33k | €4k | €18k | €23k | €18k | ▼ 21.5% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▲ 25.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €271k | €231k | €263k | €301k | €345k | ▲ 14.9% |
| Equity10/15 | €146k | €151k | €168k | €178k | €181k | ▲ 1.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €128k | €132k | €150k | €159k | €163k | ▲ 2.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €131k | €148k | €158k | €161k | ▲ 2.2% |
| Amounts payable17/49 | €125k | €80k | €95k | €123k | €164k | ▲ 33.7% |
| Amounts payable after more than one year17 | €69k | €31k | - | €75k | €111k | ▲ 47.4% |
| Financial debts170/4 | - | €31k | - | - | €41k | - |
| Other amounts payable178/9 | - | - | - | €75k | €70k | ▼ 6.7% |
| Amounts payable within one year42/48 | €56k | €49k | €95k | €48k | €53k | ▲ 12.0% |
| Current portion of amounts payable after more than one year42 | - | €37k | €31k | - | €18k | - |
| Trade debts44 | €9k | €852 | €8k | €24k | €6k | ▼ 77.0% |
| Suppliers440/4 | - | €852 | €8k | €24k | €6k | ▼ 77.0% |
| Taxes, remuneration and social security45 | - | €11k | €16k | €21k | €25k | ▲ 19.9% |
| Taxes450/3 | - | €6k | €11k | €15k | €19k | ▲ 27.2% |
| Remuneration and social security454/9 | - | €5k | €6k | €6k | €6k | ▲ 2.7% |
| Other amounts payable47/48 | - | - | €40k | €2k | €4k | ▲ 70.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €5k | €17k | €10k | €3k | ▼ 64.5% |
| + Depreciation and write-downs630 | €15k | €13k | €13k | €16k | €22k | ▲ 41.6% |
| Operating cash flow (approximation) | €39k | €18k | €31k | €25k | €26k | ▲ 1.6% |
| Investment in fixed assets (approximation) | - | €0 | €-11k | €-69k | €-46k | ▲ 34.0% |
| Change in cash | - | €-28k | €14k | €4k | €-5k | ▼ 213% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼64.5%
Net result drops to €3k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €151k ▲3.4%
4 profitable years in a row build equity to €151k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €41k ▲3.6%
Operating result €68k, net result €41k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Schilde · 1 establishment unit since 2015
Ground area
2,028 m²
Building footprint
225 m²
Volume, LiDAR
2,845 m³
Parcel 11041C0127/00M000, Flanders · tallest building 27.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VLIC
since 20152.240.831.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0127/00M000 | Flanders | 2,028 m² | 1 · 225 m² | 27.6 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,613 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
Founded23-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
68110Buying and selling of own real estate
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.