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VYKO

Active
Private limited companyfounded 20224 years activeKouterweg 18, 9870 Zulte, BelgiumKBO/BCE: BE 0783.628.653
Summary

VYKO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181,419 and a net result of €41,653. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 15,602 sector peers (NACE 69, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Certified accountants and tax accountants
NACE 69201
1 site
Size
€442,109total assets 2025
Equity
€181,419
Profit
€41,653
Turnover not published (abridged schema)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 168 days early0 of 1 deed read
Why 94- 2 of the last 3 late+ Sector Legal and accounting activities (NACE 69)+ Liquidity: current ratio 1.59, cash €229,058+ Size: total assets €442,109Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 66+8
equity 41.0% of total assets
Liquidity 70+2
short-term debt 57.2% · cash 51.8%
Profitability 75-7
return on assets 9.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,007 companies)
Last 24 months 11-2024: 0.9% 12-2024: 1.1%▲ +0.2 percentage points vs 11-2024 01-2025: 1.9%▲ +0.8 percentage points vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 2.0%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%▼ -0.2 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 0.5%▼ -1.3 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.3 percentage points vs 08-2025 10-2025: 2.1%▲ +0.9 percentage points vs 09-2025 11-2025: 1.8%▼ -0.3 percentage points vs 10-2025 12-2025: 2.1%▲ +0.3 percentage points vs 11-2025 01-2026: 3.3%▲ +1.2 percentage points vs 12-2025highest value 02-2026: 3.3%● unchanged vs 01-2026highest value 03-2026: < 0.1%▼ -3.3 percentage points vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 1.59 against 0.85 in 2024; short-term debt: 57.2% and cash: 51.8% of total assets), but 59% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 69, micro): better than 39% on solvency, 59% on liquidity, 26% on profitability and 71% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 1.59, cash €229,058
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €442,109
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 13-02-2026, 168 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
168 days early
2024
197 days late
2023
298 days late
2022
96 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 106 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

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. Usually files around 25 December (3 of the last 4 filed years within 152 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Equity above €150,000Eq €181,419 ▲29.8%

Financials · fiscal year 2025, micro schema

Equity
€181,419▲ 29.8%
2024 · €139,766
Total assets
€442,109▲ 5.8%
2024 · €417,738
Net result
€41,653▼ 3.5%
2024 · €43,178
Working capital
€149,700
2024 · -€37,953
Trend over the years

2022 to 2025, 4 fiscal years

The operating result has fallen two years in a row; 2025 is 29% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€55,957 2025 Net result€41,653 2025

Point at or tap 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 69, Legal and accounting 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).

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€1,281-€107,742€78,781▼ 26.9%€55,957▼ 29.0%
Net result-€1,825below the sector's middle half-€78,414above the sector's middle half€43,178within the sector's middle half▼ 44.9%€41,653within the sector's middle half▼ 3.5%
Equity€18,175below the sector's middle half-€96,588within the sector's middle half▲ 431%€139,766within the sector's middle half▲ 44.7%€181,419within the sector's middle half▲ 29.8%
Total assets€238,770within the sector's middle half-€337,522within the sector's middle half▲ 41.4%€417,738within the sector's middle half▲ 23.8%€442,109within the sector's middle half▲ 5.8%
Debt€220,595-€240,934▲ 9.2%€277,972▲ 15.4%€260,690▼ 6.2%
Working capital-€81,677below the sector's middle half--€28,886below the sector's middle half▲ 64.6%-€37,953below the sector's middle half▼ 31.4%€149,700within the sector's middle half
Solvency7.6%below the sector's middle half-28.6%below the sector's middle half▲ 21.0pp33.5%within the sector's middle half▲ 4.8pp41.0%within the sector's middle half▲ 7.6pp
Current ratio0.51below the sector's middle half-0.86below the sector's middle half▲ 0.340.85below the sector's middle half▼ 0.011.59within the sector's middle half▲ 0.74
Return on assets (ROA)-0.8%below the sector's middle half-23.2%within the sector's middle half▲ 24.0pp10.3%within the sector's middle half▼ 12.9pp9.4%within the sector's middle half▼ 0.9pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €442,109
Fixed assets €39,470 ▼ 80.3%
Current assets €402,640 ▲ 85.6%
Equity and liabilities €442,109
Equity €181,419 ▲ 29.8%
Debt €260,690 ▼ 6.2%
Debt's share of the balance-sheet total falls from 66.5% to 59.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€68,347▼
2024 · €85,802
Cash flow
€54,043▲
2024 · €50,199
Debt to equity
1.44▼
2024 · 1.99
ROE
23.0%▼
2024 · 30.9%
Interest coverage
5.35▼
2024 · 6.17
Debt ≤ 1 year
€252,940▼
2024 · €254,891
Debt > 1 year
€7,750▼
2024 · €23,081
Income taxes
€15,485▼
2024 · €21,697
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% 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 lower bankruptcy probability: < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€417,738€442,109▲
Fixed assets21/28€200,800€39,470▼
Tangible fixed assets22/27€48,023€39,470▼
Furniture and vehicles24€45,781€34,866▼
Other tangible fixed assets26€2,242€4,604▲
Financial fixed assets28€152,777€0▼
Current assets29/58€216,938€402,640▲
Amounts receivable within one year40/41€26,714€22,175▼
Trade receivables40€22,970€14,203▼
Other amounts receivable41€3,744€7,972▲
Current investments50/53-€150,000
Cash at bank and in hand54/58€189,059€229,058▲
Deferred charges and accrued income490/1€1,165€1,406▲
Equity and liabilities
Total equity and liabilities10/49€417,738€442,109▲
Equity10/15€139,766€181,419▲
Contributions10/11€20,000€20,000=
Reserves13€119,766€161,419▲
Distributable reserves133€119,766€161,419▲
Amounts payable17/49€277,972€260,690▼
Amounts payable after more than one year17€23,081€7,750▼
Financial debts170/4€23,081€7,750▼
Amounts payable within one year42/48€254,891€252,940▼
Current portion of amounts payable after more than one year42€15,107€15,331▲
Trade debts44€0€185▲
Suppliers440/4€0€185▲
Taxes, remuneration and social security45€83,478€44,159▼
Taxes450/3€68,478€44,159▼
Remuneration and social security454/9€15,000€0▼
Other amounts payable47/48€156,305€193,265▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,021€12,390▲
Other operating charges640/8€4,057€2,485▼
Gross operating margin9900€89,859€70,833▼
Operating profit (loss)9901€78,781€55,957▼
Financial income75/76B€0€13,958▲
Recurring financial income75€0€13,958▲
Financial charges65/66B€13,906€12,777▼
Recurring financial charges65€13,906€12,777▼
Profit (loss) for the period before taxes9903€64,875€57,138▼
Income taxes67/77€21,697€15,485▼
Profit (loss) for the period9904€43,178€41,653▼
Profit (loss) for the period to be appropriated9905€43,178€41,653▼
Appropriation of the result
Profit (loss) to be appropriated9906€43,178€41,653▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€43,178€41,653▼
To other reserves6921€43,178€41,653▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,281€612€7,021€12,390▲ 76.5%
Other operating charges640/8-€2,660€4,057€2,485▼ 38.7%
Gross operating margin9900-€111,014€89,859€70,833▼ 21.2%
Operating profit (loss)9901-€1,281€107,742€78,781€55,957▼ 29.0%
Financial income75/76B-€0€0€13,958▲ 139,582,100%
Recurring financial income75-€0€0€13,958▲ 139,582,100%
Financial charges65/66B€544€1,006€13,906€12,777▼ 8.1%
Recurring financial charges65€544€1,006€13,906€12,777▼ 8.1%
Profit (loss) for the period before taxes9903-€1,825€106,736€64,875€57,138▼ 11.9%
Income taxes67/77-€28,322€21,697€15,485▼ 28.6%
Profit (loss) for the period9904-€1,825€78,414€43,178€41,653▼ 3.5%
Profit (loss) for the period to be appropriated9905-€1,825€78,414€43,178€41,653▼ 3.5%
Line2022202320242025Change
Assets
Total assets20/58€238,770€337,522€417,738€442,109▲ 5.8%
Fixed assets21/28€152,777€163,513€200,800€39,470▼ 80.3%
Tangible fixed assets22/27-€10,735€48,023€39,470▼ 17.8%
Furniture and vehicles24-€10,735€45,781€34,866▼ 23.8%
Other tangible fixed assets26--€2,242€4,604▲ 105%
Financial fixed assets28€152,777€152,777€152,777€0▼ 100%
Current assets29/58€85,993€174,009€216,938€402,640▲ 85.6%
Amounts receivable within one year40/41€208€24,408€26,714€22,175▼ 17.0%
Trade receivables40-€24,200€22,970€14,203▼ 38.2%
Other amounts receivable41€208€208€3,744€7,972▲ 113%
Current investments50/53---€150,000-
Cash at bank and in hand54/58€85,785€149,602€189,059€229,058▲ 21.2%
Deferred charges and accrued income490/1--€1,165€1,406▲ 20.6%
Equity and liabilities
Total equity and liabilities10/49€238,770€337,522€417,738€442,109▲ 5.8%
Equity10/15€18,175€96,588€139,766€181,419▲ 29.8%
Contributions10/11€20,000€20,000€20,000€20,000=
Reserves13-€76,588€119,766€161,419▲ 34.8%
Distributable reserves133-€76,588€119,766€161,419▲ 34.8%
Profit (loss) carried forward14-€1,825----
Amounts payable17/49€220,595€240,934€277,972€260,690▼ 6.2%
Amounts payable after more than one year17€52,926€38,038€23,081€7,750▼ 66.4%
Financial debts170/4€52,926€38,038€23,081€7,750▼ 66.4%
Amounts payable within one year42/48€167,670€202,895€254,891€252,940▼ 0.8%
Current portion of amounts payable after more than one year42€14,670€14,887€15,107€15,331▲ 1.5%
Trade debts44-€345€0€185-
Suppliers440/4-€345€0€185-
Taxes, remuneration and social security45-€36,680€83,478€44,159▼ 47.1%
Taxes450/3-€28,322€68,478€44,159▼ 35.5%
Remuneration and social security454/9-€8,358€15,000€0▼ 100%
Other amounts payable47/48€153,000€150,983€156,305€193,265▲ 23.6%
Line2022202320242025Change
Profit (loss) for the period9904-€1,825€78,414€43,178€41,653▼ 3.5%
+ Depreciation and write-downs630€1,281€612€7,021€12,390▲ 76.5%
Operating cash flow (approximation)-€544€79,026€50,199€54,043▲ 7.7%
Investment in fixed assets (approximation)--€11,347-€44,309€148,940▲ 436%
Change in cash-€63,816€39,457€39,999▲ 1.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 21 March 2022, VYKO was incorporated as a Private limited company.1 Total assets went from €238,770 in 2022 to €442,109 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
13-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 197 days late
2025
31-12
Financial Equity above €150,000Eq €181,419 ▲29.8%
3 profitable years in a row build equity to €181,419.
25-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 298 days late
2024
31-12
Financial Equity above €100,000Eq €139,766 ▲44.7%
2 profitable years in a row build equity to €139,766.
2023
31-12
Financial Back to profitnet €78,414
Net result €78,414 after one loss-making year.
04-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 96 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded21-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0783628653
Also 9925:BE0783628653
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 8 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Zulte · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
857 m²
Building footprint
105 m²
Volume, LiDAR
1 m³
Parcel 44081B0481/00M003, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
VYKO
Kouterweg 18, 9870 ZulteCertified accountants and tax accountants
since 2022unit no. 2.330.098.762
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081B0481/00M003 Flanders 857 m² 1 · 105 m² 0.6 m
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.