Vicest Invest
ActiveVicest Invest has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.28M and a net result of €5k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 82% of 2258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +34 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.42 in 2024), and 18.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
81.6%
Return on assets
0.1%
Age of the figures
17 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
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-12-2025, 47 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 filingsDeviation from the deadline
2025
47 d late
2024
on the day
2023
on the day
2022
24 d late
2021
2 d late
2020
26 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6.28M▲ 0.1%
2024 · €6.27M
2019: €8.62M
2022: €6.52M
2023: €6.37M
2024: €6.27M
2019 → 2025
Total assets
€7.70M▲ 1.4%
2024 · €7.59M
2019: €9.30M
2022: €7.76M
2023: €7.69M
2024: €7.59M
2019 → 2025
Net result
€5k
2024 · €-96k
2019: €4.68M
2022: €-160k
2023: €-151k
2024: €-96k
2019 → 2025
Working capital
€2.24M▲ 20.3%
2024 · €1.86M
2019: €8.04M
2022: €3.23M
2023: €2.88M
2024: €1.86M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192022202320242025Trend
Equity€8.62M-€6.52M▼ 24.4%€6.37M▼ 2.3%€6.27M▼ 1.5%€6.28M▲ 0.1%
Operating result€-155k-€-161k▼ 4.0%€-167k▼ 3.2%€-179k▼ 7.4%€-80k▲ 55.2%
Net result€4.68M-€-160k€-151k▲ 5.6%€-96k▲ 36.7%€5k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €80k in 2025 against €179k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.70M
Fixed assets
€4.04M▼ 8.5%
Current assets
€3.65M▲ 15.3%
Equity and liabilities €7.70M
Equity
€6.28M▲ 0.1%
Provisions
€727▼ 48.0%
Debt
€1.42M▲ 7.9%
The debt ratio rises from 17.3% to 18.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€144k▲
2024 · €47k
Cash flow
€229k▲
2024 · €130k
Solvency
81.6%▼
2024 · 82.7%
Current ratio
2.58▲
2024 · 2.42
Quick ratio
2.58▲
2024 · 2.42
Debt / equity
0.23▲
2024 · 0.21
ROE
0.1%▲
2024 · -1.5%
ROA
0.1%▲
2024 · -1.3%
Interest coverage
17.32▲
2024 · -6.01
Debt
€1.42M▲
2024 · €1.31M
Debt ≤ 1 year
€1.42M▲
2024 · €1.31M
Income taxes
€68▼
2024 · €3k
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€7.59M€7.70M▲
Fixed assets21/28€4.42M€4.04M▼
Intangible fixed assets21€260k€154k▼
Tangible fixed assets22/27€3.75M€3.42M▼
Land and buildings22€3.55M€3.22M▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€197k€195k▼
Financial fixed assets28€413k€473k▲
Current assets29/58€3.17M€3.65M▲
Amounts receivable after more than one year29€1.40M€1.54M▲
Other amounts receivable291€1.40M€1.54M▲
Amounts receivable within one year40/41€591k€1.08M▲
Trade receivables40€6k€15k▲
Other amounts receivable41€585k€1.06M▲
Current investments50/53€1.02M€883k▼
Cash at bank and in hand54/58€159k€135k▼
Deferred charges and accrued income490/1€695€14k▲
Equity and liabilities
Total equity and liabilities10/49€7.59M€7.70M▲
Equity10/15€6.27M€6.28M▲
Contributions10/11€1.84M€1.84M=
Reserves13€4.87M€4.87M=
Tax-exempt reserves132€2k€2k▼
Distributable reserves133€4.87M€4.87M=
Profit (loss) carried forward14€-438k€-432k▲
Provisions and deferred taxes16€1k€727▼
Deferred taxes168€1k€727▼
Amounts payable17/49€1.31M€1.42M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€1.31M€1.42M▲
Current portion of amounts payable after more than one year42€1,000k€1,000k=
Trade debts44€23k€25k▲
Suppliers440/4€23k€25k▲
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€57
Taxes450/3-€57
Other amounts payable47/48€285k€388k▲
Accrued charges and deferred income492/3€5k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0€110k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€226k€224k▼
Other operating charges640/8€14k€13k▼
Gross operating margin9900€61k€157k▲
Operating profit (loss)9901€-179k€-80k▲
Financial income75/76B€78k€93k▲
Recurring financial income75€78k€93k▲
Financial charges65/66B€-8k€8k▲
Recurring financial charges65€-8k€8k▲
Profit (loss) for the period before taxes9903€-93k€4k▲
Transfer from deferred taxes780€671€671=
Income taxes67/77€3k€68▼
Profit (loss) for the period9904€-96k€5k▲
Transfer from tax-exempt reserves789€434€434=
Profit (loss) for the period to be appropriated9905€-95k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-438k€-432k▲
Profit (loss) brought forward from the previous period14P€-342k€-438k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (22 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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 47 days late
31-03
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
31-03
Financial
Weakest financial yearnet €-160k ▼103%
Net result drops to €-160k, the lowest in the series; recovery starts the following year.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-08-2020
Resigned as Manager
Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 2012
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.
Legeweg 148490 JabbekeGround area
7,163 m²
Building footprint
267 m²
Parcel 31035C0727/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vicest Invest
since 20122.206.467.512
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31035C0727/00K000 | Flanders | 7,163 m² | 1 · 267 m² | - |
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.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Recognitions · licences · registrations
Legal Entity Identifier
9845003A672BY982F190
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Of 24,423 companies in sector 82990 we hold annual accounts for 9,361. 1,576 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2011
Fiscal year end31-03
Activities, NACEBEL
82990Other business support services
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.