Active BE 0825.288.668Private limited company

VIBEFIN

Chaussée de Bruxelles 165 ·1410 Waterloo, Belgium· 16 yrs active

Sector: Certified accountants and tax accountants (69201)

Conclusion Checked

VIBEFIN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-3k) and a net result of €-34k. Equity is shrinking by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 148 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-3k
Net result	€-34k
Better than sector	5%
Active	16 yrs

Financial profile 5 of 5 axes measured · computed by Checked

57 / 100

Mixed profile: strong on profitability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 12

Profitability 100

Solvency 42

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2010, 16 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

12 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

No credit

negative equity or figures too weak

Score history

93 2023

83 2024

12 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.90 (< 1.0) -10

Equity Negative equity -25

Profitability ROE 1259% (≥ 10%) +10

Interest coverage Interest coverage 0.2× (< 1.5×) -10

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview15 NBB filings

Annual accounts filed on 16-02-2026 with the NBB · fiscal year 2025 · full schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~55.4%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 69, Legal and accounting activities · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-6.0%	16.2%	better than 5% of 148 sector peers
Net result	€-34k	€113k	better than 5% of 148 sector peers
Equity	€-3k	€81k	better than 5% of 148 sector peers
Gross operating margin	€12k	€347k	better than 5% of 145 sector peers
Total assets	€45k	€960k	better than 5% of 148 sector peers

EBITDA

€11k

-72.9% 23-25

Net profit

€-34k

- 23-25

Cash flow

€-34k

- 23-25

Total assets

€45k

-25.7% 23-25

Equity

€-3k

- 23-25

Working capital

€-5k

- 23-25

Income taxes

€139

-96.8% 23-25

Dividends

€800

- 23-25

Debt

€48k

+64.0% 23-25

Debt ≤ 1y

€48k

+64.0% 23-25

Current ratio

0.90

-54.8% 23-25

Quick ratio

0.90

-54.8% 23-25

Solvency

-6.0%

- 23-25

Debt / equity

-17.58

- 23-25

ROE

1259.1%

+5328.9% 23-25

ROA

-75.9%

- 23-25

Interest coverage

0.25

-82.5% 23-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023
Deposit	full schema	full schema	full schema
Revenue	-	-	-
EBITDA	€11k	€41k	€12k
Net profit	€-34k	€7k	€6k
Cash flow	€-34k	€8k	€7k
Staff costs	-	-	-
Income taxes	€139	€4k	€4k
Dividends	-	€800	-
Total assets	€45k	€61k	€34k
Equity	€-3k	€32k	€25k
Debt	€48k	€29k	€9k
of which ≤ 1y	€48k	€29k	€9k
of which > 1y	-	-	-
Working capital	€-5k	€29k	€23k
Employees (FTE)	-	-	-

Ratios (computed)

	2025	2024	2023
Current ratio	0.90	1.99	3.61
Quick ratio	0.90	1.99	3.61
Working capital ratio	-10.7%	47.4%	67.3%
Solvency	-6.0%	52.0%	74.2%
Debt / equity	-17.58	0.92	0.35
Long-term debt ratio	-	-	-
Interest coverage	0.25	1.43	12.20
Gross margin	-	-	-
Net margin	-	-	-
ROA	-75.9%	12.0%	18.3%
ROE	1259.1%	23.2%	24.7%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €2k · 4.7% Current assets €43k · 95.3%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€45k	€61k	€34k
Fixed assets	21/28	€2k	€3k	€2k
Tangible fixed assets	22/27	€2k	€3k	€2k
Financial fixed assets	28	€85	€85	€85
Current assets	29/58	€43k	€58k	€32k
Amounts receivable within one year	40/41	€23k	€37k	€3k
Cash & bank	54/58	€20k	€21k	€27k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€45k	€61k	€34k
Equity	10/15	€-3k	€32k	€25k
Contributions / capital	10/11	€6k	€6k	€6k
Reserves	13	€25k	€25k	€19k
Accumulated profits (losses)	14	€-34k	€0	€0
Amounts payable	17/49	€48k	€29k	€9k
Amounts payable within one year	42/48	€48k	€29k	€9k
Trade debts payable within one year	44	€4k	€6k	€1k
Income statement
Gross operating margin	9900	€12k	€42k	€12k
Operating result	9901	€11k	€41k	€11k
Financial income	75	€109	€119	€30
Financial charges	65	€45k	€29k	€961
Result before taxes	9903	€-34k	€12k	€10k
Income taxes	67/77	€139	€4k	€4k
Net result for the period	9904	€-34k	€7k	€6k
Result to be appropriated	9905	€-34k	€7k	€6k

Legal Structure

NACE primary	Certified accountants and tax accountants(69201)
Legal form	Private limited company(610)
Incorporation	23-04-2010
Status	Active
Postal code	1410

Establishment units 2 locations

VIBEFIN

Blankenheimlaan 42, 1932 ZaventemLegal and accounting activities

since 20102.188.105.214

Chaussée de Bruxelles 165, 1410 Waterloo

Legal and accounting activities

since 20182.354.528.114

Real-estate footprint Source: CBE × cadastre

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25763L0424/00D000	Wallonia	1,273 m²	1 · 1,069 m²	13.0 m · 4 fl.
23078B0240/00L002	Flanders	241 m²	1 · 115 m²	8.4 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

16-02

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 16 days late

2025

30-06

Financial Weakest financial yearnet €-34k ▼568%

Net result drops to €-34k, the lowest in the series.

31-01

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

30-06

Financial Highest result since 2023net €7k ▲18.3%

Operating result €41k, net result €7k, both a record.

31-01

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

07-12

State Gazette act Director changes

Bernard DEWITTE

31-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-01

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

14-01

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

13-01

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

30-01

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

13-01

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 4 acts read

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.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

07-12-2023 BEHIELS Virginie Philippe Yvonne reappointed as director Director changes·Bernard DEWITTE

BEHIELS Virginie Philippe Yvonne, Bestuurder

Notary: Bernard DEWITTE · Bruxelles

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_renew",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "BEHIELS Virginie Philippe Yvonne",
        "address": "1932 Zaventem, Blankenheimlaan, 42",
        "birth_date": "1984-01-19",
        "profession": null,
        "birth_place": "Bruxelles"
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "rep_rotation",
      "role": "repr\u00E9sentant permanent",
      "person": {
        "rrn": null,
        "name": "BEHIELS Virginie",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Bernard DEWITTE",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-12-07",
    "filing_date": "2023-12-05",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    },
    {
      "body": "algemene_vergadering",
      "date": "2023-12-04",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0825.288.668",
    "name_full": "VIBEFIN",
    "legal_form": "SRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Bernard DEWITTE",
    "org_rep_person_name": null,
    "person_role_at_subject": "Notaire"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Certified accountants and tax accountants69201Legal and accounting activities69202

Names & trade names

Legal nameFR

VIBEFIN

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