VIIV
ActiveSummary
VIIV has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 534 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+1
Solvency28▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 81.8% and cash: 0.1% of total assets), and 96.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 534 sector peers (2025).
NBB · sector comparisonPosition among 534 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 8 filingsDeviation from the deadline
2025
28 d late
2024
41 d late
2023
50 d late
2022
28 d late
2021
57 d late
2020
90 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€69k
2024 · €-4k
2018: €116k
2019: €264k
2020: €13k
2021: €-53k
2022: €75k
2023: €36k
2024: €-4k
2018 → 2025
Total assets
€2.24M▲ 8.1%
2024 · €2.08M
2018: €1.45M
2019: €1.69M
2020: €1.84M
2021: €1.89M
2022: €2.08M
2023: €2.09M
2024: €2.08M
2018 → 2025
Net result
€-35k▲ 12.0%
2024 · €-39k
2018: €100k
2019: €156k
2020: €7k
2021: €-67k
2022: €128k
2023: €-39k
2024: €-39k
2018 → 2025
Working capital
€-1.77M▼ 9.2%
2024 · €-1.63M
2018: €-25k
2019: €-135k
2020: €-1.09M
2021: €-1.26M
2022: €-1.40M
2023: €-1.53M
2024: €-1.63M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-53k-€75k€36k▼ 51.9%€-4k€69k
Operating result€-58k-€137k€-31k€-33k▼ 4.9%€-33k▲ 0.4%
Net result€-67k-€128k€-39k€-39k▼ 1.9%€-35k▲ 12.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €33k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.24M
Fixed assets
€2.18M ▲ 7.7%
Current assets
€61k ▲ 28.5%
Equity and liabilities €2.24M
Equity
€69k
Debt
€2.18M
Debt finances 96.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€-23k▼
2024 · €-22k
Cash flow
€-25k▲
2024 · €-29k
Current ratio
0.03▲
2024 · 0.03
Debt to equity
31.73
ROE
-50.7%
ROA
-1.5%▲
2024 · -1.9%
Interest coverage
-3.60▼
2024 · -3.38
Debt ≤ 1 year
€1.84M▲
2024 · €1.67M
Debt > 1 year
€338k▼
2024 · €406k
Income taxes
€8
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.08M€2.24M▲
Fixed assets21/28€2.03M€2.18M▲
Tangible fixed assets22/27€2.02M€2.18M▲
Land and buildings22€1.99M€2.14M▲
Plant, machinery and equipment23€4k-
Furniture and vehicles24€33k€43k▲
Financial fixed assets28€3k€4k▲
Current assets29/58€48k€61k▲
Amounts receivable within one year40/41€39k€57k▲
Trade receivables40€7k€15k▲
Other amounts receivable41€32k€42k▲
Cash at bank and in hand54/58€7k€3k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.24M▲
Equity10/15€-4k€69k▲
Contributions10/11€291€107k▲
Outside capital11€291€107k▲
Other1109/19€291€107k▲
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-15k€-49k▼
Amounts payable17/49€2.08M€2.18M▲
Amounts payable after more than one year17€406k€338k▼
Financial debts170/4€406k€338k▼
Amounts payable within one year42/48€1.67M€1.84M▲
Current portion of amounts payable after more than one year42€67k€68k▲
Trade debts44€18k€56k▲
Suppliers440/4€18k€56k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€1.59M€1.71M▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€9k€9k▲
Gross operating margin9900€-13k€-14k▼
Operating profit (loss)9901€-33k€-33k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€-39k€-35k▲
Income taxes67/77-€8
Profit (loss) for the period9904€-39k€-35k▲
Profit (loss) for the period to be appropriated9905€-39k€-35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-49k▼
Profit (loss) brought forward from the previous period14P-€-15k
Transfer from equity791/2€25k-
The notes to these accounts (7 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
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
31-12
Financial
Weakest financial yearnet €-67k ▼1025%
Net result drops to €-67k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Highest result since 2018net €156k ▲55.7%
Operating result €207k, net result €156k, both a record.
31-12
Financial
Equity above €200kEq €264k ▲127%
2 profitable years in a row build equity to €264k.
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 125 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 2016
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.
President Rooseveltplein(Kor) 58500 KortrijkGround area
1,723 m²
Building footprint
1,303 m²
Volume, LiDAR
15,891 m³
2 parcels, Flanders · tallest building 34.7 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
VIVI
since 20162.260.345.963
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022G0193/00V000 | Flanders | 921 m² | 1 · 538 m² | 34.7 m · 10 fl. |
| 34007B0222/00S012 | Flanders | 802 m² | 1 · 765 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
Onstage
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Z!
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Floreffe · Eq €68,692
HORS-NORMES EVENT
BE 0772.815.628
Waterloo · Eq €68,925
QUATRIEME OEIL
BE 0663.894.823
Tournai · Eq €67,686
PARIS TRICOT
BE 0427.985.081
Braine-l'Alleud · Eq €69,481
Of 3,525 companies in sector 90391 we hold annual accounts for 680. 527 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.