Vialines
ActiveVialines has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.19M and a net result of €258k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 80% of 334 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+5
Solvency86▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 2.49 in 2023; short-term debt: 24.7% and cash: 16.2% of total assets), and 38.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← 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 2024Solvency, return and age of the figures
Solvency
61.1%
Return on assets
13.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.19M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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
not confirmed
2024
57 d late
2023
43 d late
2022
31 d late
2021
9 d early
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€258k▲ 52.0%
2023 · €170k
2018: €123k
2019: €112k
2020: €61k
2021: €70k
2022: €115k
2023: €170k
2018 → 2024
Working capital
€1.26M▲ 28.0%
2023 · €984k
2018: €887k
2019: €1.06M
2020: €1.24M
2021: €804k
2022: €944k
2023: €984k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.18M-€647k▼ 45.0%€761k▲ 17.7%€931k▲ 22.3%€1.19M▲ 27.7%
Operating result€85k-€97k▲ 14.5%€159k▲ 64.0%€238k▲ 49.5%€341k▲ 42.9%
Net result€61k-€70k▲ 15.6%€115k▲ 63.7%€170k▲ 47.9%€258k▲ 52.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 43% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.95M
Fixed assets
€205k▼ 9.7%
Current assets
€1.74M▲ 5.8%
Equity and liabilities €1.95M
Equity
€1.19M▲ 27.7%
Provisions
€237k▲ 6.9%
Debt
€521k▼ 27.6%
The debt ratio falls from 38.5% to 26.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€376k▲
2023 · €291k
Cash flow
€293k▲
2023 · €223k
Solvency
61.1%▲
2023 · 49.7%
Current ratio
3.62▲
2023 · 2.49
Quick ratio
2.70▲
2023 · 2.03
Debt / equity
0.44▼
2023 · 0.77
ROE
21.7%▲
2023 · 18.2%
ROA
13.3%▲
2023 · 9.1%
Interest coverage
182.20▲
2023 · 131.06
Debt
€521k▼
2023 · €720k
Debt ≤ 1 year
€481k▼
2023 · €661k
Income taxes
€92k▲
2023 · €68k
Staff costs
€725k▲
2023 · €704k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.87M€1.95M▲
Fixed assets21/28€227k€205k▼
Intangible fixed assets21€446€0▼
Tangible fixed assets22/27€201k€180k▼
Land and buildings22€122k€112k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€72k€62k▼
Financial fixed assets28€26k€26k=
Current assets29/58€1.65M€1.74M▲
Stocks and contracts in progress3€300k€439k▲
Stocks30/36€244k€214k▼
Contracts in progress37€55k€225k▲
Amounts receivable within one year40/41€1.15M€949k▼
Trade receivables40€1.14M€325k▼
Other amounts receivable41€11k€623k▲
Cash at bank and in hand54/58€162k€315k▲
Deferred charges and accrued income490/1€37k€39k▲
Equity and liabilities
Total equity and liabilities10/49€1.87M€1.95M▲
Equity10/15€931k€1.19M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€215k€341k▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€190k€316k▲
Profit (loss) carried forward14€466k€598k▲
Provisions and deferred taxes16€221k€237k▲
Provisions for liabilities and charges160/5€221k€237k▲
Other liabilities and charges164/5€221k€237k▲
Amounts payable17/49€720k€521k▼
Amounts payable within one year42/48€661k€481k▼
Financial debts43€0€14▲
Credit institutions430/8€0€14▲
Trade debts44€516k€362k▼
Suppliers440/4€516k€362k▼
Taxes, remuneration and social security45€119k€88k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€112k€83k▼
Other amounts payable47/48€26k€32k▲
Accrued charges and deferred income492/3€59k€40k▼
Income statement
Code20232024
Non-recurring operating income76A€4k€23▼
Remuneration, social security and pensions62€704k€725k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€24k€-25k▼
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€646€327▼
Gross operating margin9900€1.02M€1.08M▲
Operating profit (loss)9901€238k€341k▲
Financial income75/76B€2k€12k▲
Recurring financial income75€2k€12k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€238k€350k▲
Income taxes67/77€68k€92k▲
Profit (loss) for the period9904€170k€258k▲
Transfer to tax-exempt reserves689€105k€126k▲
Profit (loss) for the period to be appropriated9905€64k€132k▲
Appropriation of the result
Profit (loss) to be appropriated9906€466k€598k▲
Profit (loss) brought forward from the previous period14P€402k€466k▲
Social balance
Average headcount (FTE)908716.216.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 57 days late
2024
31-12
Financial
Highest result since 2018net €258k ▲52%
Operating result €341k, net result €258k, both a record.
31-12
Financial
Equity above €1MEq €1.19M ▲27.7%
7 profitable years in a row build equity to €1.19M.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 43 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €61k ▼45.8%
Net result drops to €61k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 73 days late
2016
11-07
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.
Directors · office · real estate
Directors
13 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, Liège · 1 establishment unit since 2001
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.
Avenue Albert-Ier 85/014030 LiègeGround area
2,356 m²
Building footprint
66 m²
Volume, LiDAR
407 m³
Parcel 62047C1279/00W003, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Albert-Ier 85, 4030 Liège
since 20012.098.073.772
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62047C1279/00W003 | Wallonia | 2,356 m² | 1 · 66 m² | 8.4 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryVialines SA29994
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Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 646 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-02-2001
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
43240Other construction installation
43299Specialised construction activities
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.