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VYVY

Active
Private limited company (pre-2019)founded 199332 yrs activeChemin des Prés, Nodebais 1B, 1320 Beauvechain, BelgiumKBO/BCE: BE 0451.746.717
Summary

VYVY has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €113,957 and a net result of €715. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Activity not known
How big
€139,571total assets 2024
Equity
€113,957
Profit
€715
Turnover not published (abridged schema)
Financially healthy?
81 Excellent Checked score 2024
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 81- No NACE activity registered- Higher-failure-rate region+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability69▲+1
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 4.49 against 4.46 in 2023; short-term debt: 18.3% of total assets), and 18.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
26 d late
2022
6 d early
2021
3 d early
2020
25 d late
2019
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 11 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Back to profitnet €715
  3. Annual accounts filedfiscal year 2023 · micro…

Financials

Fiscal year 2024Total assets €139,571Profit €715Solvency 81.6%Liquidity 4.49
Total assets
€139,571▲ 2.1%
2018 - 2024
Net result
€715
2018 - 2024
Equity
€113,957▲ 0.6%
2018 - 2024
Solvency
81.6%▼ 1.2pp
2018 - 2024

Financials · fiscal year 2024, micro schema

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,830▼ 197%-€849▲ 70.0%-€915▼ 7.8%-€1,161▼ 26.9%€870
Net result-€2,877▼ 190%-€894▲ 68.9%-€981▼ 9.8%-€1,215▼ 23.8%€715
Equity€116,332▼ 2.4%€115,438▼ 0.8%€114,457▼ 0.9%€113,242▼ 1.1%€113,957▲ 0.6%
Total assets€135,675▼ 2.6%€134,781▼ 0.7%€137,056▲ 1.7%€136,741▼ 0.2%€139,571▲ 2.1%
Debt€19,343▼ 3.6%€19,343=€22,599▲ 16.8%€23,499▲ 4.0%€25,614▲ 9.0%
Working capital€50,289▲ 24.4%€60,053▲ 19.4%€70,142▲ 16.8%€79,623▲ 13.5%€88,969▲ 11.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0€1,000Operating result 2020: -€2,830-€2,830Net result 2020: -€2,877-€2,877Operating result 2021: -€849-€849Net result 2021: -€894-€894Operating result 2022: -€915-€915Net result 2022: -€981-€981Operating result 2023: -€1,161-€1,161Net result 2023: -€1,215-€1,215Operating result 2024: €870€870Net result 2024: €715€71520202021202220232024-€2,000-€1,000€0€1,000Operating result 2022: -€915-€915Net result 2022: -€981-€981Operating result 2023: -€1,161-€1,160Net result 2023: -€1,215-€1,210Operating result 2024: €870€870Net result 2024: €715€715202220232024
The operating result returns to profit in 2024: €870 after a loss of €1,161 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €139,571
Fixed assets €25,108 ▼ 26.4%
Current assets €114,463 ▲ 11.5%
Equity and liabilities €139,571
Equity €113,957 ▲ 0.6%
Debt €25,614 ▲ 9.0%
Debt's share of the balance-sheet total rises from 17.2% to 18.4%. Equity and debt are higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€9,884▲
2023 · €9,498
Cash flow
€9,729▲
2023 · €9,444
Current ratio
4.49▲
2023 · 4.46
Debt to equity
0.22▲
2023 · 0.21
ROE
0.6%▲
2023 · -1.1%
ROA
0.5%▲
2023 · -0.9%
Interest coverage
63.57▼
2023 · 175.05
Debt ≤ 1 year
€25,494▲
2023 · €22,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% 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%.

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 17,040 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.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€136,741€139,571▲
Fixed assets21/28€34,122€25,108▼
Tangible fixed assets22/27€34,122€25,108▼
Land and buildings22€32,057€25,108▼
Furniture and vehicles24€2,066€0▼
Current assets29/58€102,618€114,463▲
Amounts receivable within one year40/41€102,463€114,463▲
Other amounts receivable41€102,463€114,463▲
Cash at bank and in hand54/58€155-
Equity and liabilities
Total equity and liabilities10/49€136,741€139,571▲
Equity10/15€113,242€113,957▲
Contributions10/11€260,288€260,288=
Profit (loss) carried forward14-€147,046-€146,331▲
Amounts payable17/49€23,499€25,614▲
Amounts payable within one year42/48€22,996€25,494▲
Other amounts payable47/48€22,996€25,494▲
Accrued charges and deferred income492/3€503€121▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,659€9,014▼
Other operating charges640/8€1,246€1,297▲
Gross operating margin9900€10,745€11,181▲
Operating profit (loss)9901-€1,161€870▲
Financial charges65/66B€54€155▲
Recurring financial charges65€54€155▲
Profit (loss) for the period before taxes9903-€1,215€715▲
Profit (loss) for the period9904-€1,215€715▲
Profit (loss) for the period to be appropriated9905-€1,215€715▲
Appropriation of the result
Profit (loss) to be appropriated9906-€147,046-€146,331▲
Profit (loss) brought forward from the previous period14P-€145,831-€147,046▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,659€10,659€10,659€10,659€9,014▼ 15.4%
Other operating charges640/8-€1,110€1,137€1,246€1,297▲ 4.1%
Gross operating margin9900€10,950€10,920€10,881€10,745€11,181▲ 4.1%
Operating profit (loss)9901-€2,830-€849-€915-€1,161€870▲ 175%
Financial charges65/66B-€45€66€54€155▲ 187%
Recurring financial charges65€46€45€66€54€155▲ 187%
Profit (loss) for the period before taxes9903-€2,877-€894-€981-€1,215€715▲ 159%
Profit (loss) for the period9904-€2,877-€894-€981-€1,215€715▲ 159%
Profit (loss) for the period to be appropriated9905-€2,877-€894-€981-€1,215€715▲ 159%
Line20202021202220232024Change
Assets
Total assets20/58€135,675€134,781€137,056€136,741€139,571▲ 2.1%
Fixed assets21/28€66,099€55,440€44,781€34,122€25,108▼ 26.4%
Tangible fixed assets22/27€66,099€55,440€44,781€34,122€25,108▼ 26.4%
Land and buildings22-€45,954€39,005€32,057€25,108▼ 21.7%
Furniture and vehicles24-€9,486€5,776€2,066€0▼ 100.0%
Current assets29/58€69,577€79,342€92,275€102,618€114,463▲ 11.5%
Amounts receivable within one year40/41€66,463€78,463€90,463€102,463€114,463▲ 11.7%
Other amounts receivable41-€78,463€90,463€102,463€114,463▲ 11.7%
Cash at bank and in hand54/58€3,114€879€1,812€155--
Equity and liabilities
Total equity and liabilities10/49€135,675€134,781€137,056€136,741€139,571▲ 2.1%
Equity10/15€116,332€115,438€114,457€113,242€113,957▲ 0.6%
Contributions10/11-€260,288€260,288€260,288€260,288=
Profit (loss) carried forward14-€143,956-€144,850-€145,831-€147,046-€146,331▲ 0.5%
Amounts payable17/49€19,343€19,343€22,599€23,499€25,614▲ 9.0%
Amounts payable within one year42/48€19,288€19,288€22,133€22,996€25,494▲ 10.9%
Trade debts44--€708---
Suppliers440/4--€708---
Other amounts payable47/48-€19,288€21,425€22,996€25,494▲ 10.9%
Accrued charges and deferred income492/3-€55€466€503€121▼ 76.0%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,877-€894-€981-€1,215€715▲ 159%
+ Depreciation and write-downs630€10,659€10,659€10,659€10,659€9,014▼ 15.4%
Operating cash flow (approximation)€7,782€9,765€9,677€9,444€9,729▲ 3.0%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€2,235€934-€1,657--

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

Download as CSV

Timeline

12 eventsLatest 26-08-2025

History

On 28 December 1993, VYVY was incorporated.1 Total assets went from €143,670 in 2018 to €139,571 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial Back to profitnet €715
Net result €715 after 6 loss-making years.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial Weakest financial yearnet -€2,877
Net result drops to -€2,877, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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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Company details

Private limited company (pre-2019) · founded 28-12-1993Year ends 31-12Peppol not found

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-1993
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

Register as of 1 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, Beauvechain
exact location from the address register On OpenStreetMap
Ground area
1,208 m²
Building footprint
166 m²
Volume, LiDAR
800 m³
Parcel 25073A0144/00D002, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25073A0144/00D002 Wallonia 1,208 m² 1 · 166 m² 6.5 m · 2 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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