Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of VIGOX is 0.2% (very low). The 2025 annual accounts show equity of €19k and a net result of €0. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 94% of 147 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Signals
1 signal · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 94% of 147 peers (2025). A comfortable equity buffer.
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsLong-established
Founded in 2002, 24 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 Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€0
Working capital€19k0%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 15-04-2026 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 8 fiscal years (±0%/year).
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 82 · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 88.9% | 39.6% | |
| Net result | €0 | €51k | |
| Equity | €19k | €152k | |
| Gross operating margin | €942 | €110k | |
| Total assets | €21k | €587k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P94
Stable position over 2020-2025
· n=102-426
P17
Weakening position over 2022-2025
· n=146-426
P18
Weakening position over 2020-2025
· n=102-426
P11
Weakening position over 2020-2025
· n=100-422
Describes the position versus peers, not a forecast.
€0
-
far above sector median
€21k
-3.9%
-85% vs sector
€19k
0.0%
-79% vs sector
€19k
0.0%
-76% vs sector
€2k
-26.9%
-97% vs sector
€2k
-26.9%
-96% vs sector
9.04
+31.5%
far above sector median
9.04
+31.5%
far above sector median
88.9%
+4.1%
+102% vs sector
0.12
-26.9%
-82% vs sector
0.0%
-
far above sector median
0.0%
-
far above sector median
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €0 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €21k |
| Equity | €19k |
| Debt | €2k |
| of which ≤ 1y | €2k |
| of which > 1y | - |
| Working capital | €19k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 9.04 |
| Quick ratio | 9.04 |
| Working capital ratio | 88.9% |
| Solvency | 88.9% |
| Debt / equity | 0.12 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.0% |
| ROE | 0.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 314d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €21k |
| Current assets | 29/58 | €21k |
| Amounts receivable within one year | 40/41 | €5k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €21k |
| Equity | 10/15 | €19k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-1k |
| Amounts payable | 17/49 | €2k |
| Amounts payable within one year | 42/48 | €2k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €942 |
| Operating result | 9901 | €323 |
| Financial charges | 65 | €323 |
| Result before taxes | 9903 | €0 |
| Net result for the period | 9904 | €0 |
| Result to be appropriated | 9905 | €0 |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed65
/ 100
Healthy
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
5 directorsHistoric, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2016
-
Not recently confirmedlast confirmed in an act from 2015
Former directors (3)
-
Former16-12-2014 → 28-03-2017
2 events
- 28-03-2017 Resigned· Manager
- 16-12-2014 Appointed· Manager
-
Former- → 17-10-2016
-
Vlebel bvbaLegal entityManager· perm. rep.: Peter van SpeybroeckState Gazette act 15016830 (30-01-2015)Former- → 16-12-2014
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Bedrijfsrevisoren Burg. CVBA Statutory auditor · represented by Joachimi Hoebeeck |
- | 28-03-2017 → 01-06-2017 |
| KPMG Réviseurs d'Entreprises Statutory auditor · represented by Joachim Hoebeeck succeeded by KPMG Bedrijfsrevisoren Burg. CVBA in 2017 |
- | 25-03-2014 → 28-03-2017 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 27-06-2002 |
| Status | Active |
| Postal code | 9000 |
Structure & network
Connections & network
1 connected companyGroup structure
Parent · 419 subsidiaries · 7 locations
Control→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationJohn Kennedylaan 20, 9000 Gent
since 20022.114.497.159
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.2 ha
Buildings2
Building footprint7,527 m²
Volume (LiDAR)63,275 m³
Tallest building41.5 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44812A1121/00M000 | Flanders | 1.1 ha | 1 · 7,296 m² | 41.5 m · 3 fl. |
| 44051A0322/00G000indicative | Flanders | 939 m² | 1 · 231 m² | 14.3 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
11 acts Address history · 1
25-01-2019
v3.2
All acts · 11
updated 1 year ago
2024
28-11-2024 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
other
10-01-2024 Articles of association amended
Summary:
v3.2
2023
13-03-2023 Joachim Hoebeeck reappointed as statutory auditor
2020
23-11-2020 Joachim Hoebeeck appointed as statutory auditor
2019
25-01-2019 Registered office moved within Gent
2017
20-11-2017 Articles of association amended
Summary:
v3.2
01-06-2017 1 director appointed, 1 resigning
2016
24-11-2016 1 director appointed, 1 resigning
2015
27-04-2015 Olivier Badezet appointed as manager
30-01-2015 1 director appointed, 1 resigning
2014
08-05-2014 Olivier Declercq reappointed as statutory auditor
Analysis
Snowflake analysis
financial profile on 5 axes67
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
65
Profitability
0
Solvency
100
Growth
68
Stability
100
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige technische testen en toetsen71209Overige technische testen en toetsen71209
Primary activity highlighted.
Names & trade names
| Legal nameNL | VIGOX |
Registered office
Traktaatweg 1
9000 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.