VIVENDO
ActiveSummary
VIVENDO has been active since 1955 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120.0m and a net result of €894,681, of which €1.9m non-recurring income. Equity has been growing by about 7.1% per year since 2018. Its solvency ranks better than 33% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 07-11-1955 Normal situation
- Activity
- Development of residential building projects NACE 68121and 2 others
- Joint committee
- 339 Paritair Comité voor de erkende maatschappijen voor sociale huisvesting · annual accounts 2025
- Establishment units
- 2.230.374.151 8200 Brugge, since 23-05-1995
- 2.326.273.893 8000 Brugge, since 15-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- Doenja Van BelleghemChair
- Sebastian Vande GinsteDirector · since 15-12-2021
- Mieke HosteDirector · since 15-12-2021
- Auditor
- Moore Audit
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Turnover
- €44.9m
- ▼ 7.0%
- Profit
- €894,681
- ▼ 79.9%
- Equity
- €120.0m
- ▼ 2.4%
- Total assets
- €605.9m
- ▼ 1.2%
- Employees on 31-12-2025
- 86
- ▲ 14.7%
Score breakdownraises riskEquity €120.0m (19.8% of total assets)Liquidity: current ratio 1.13, cash €24.7mlowers riskSize: turnover €44.9m, 75.1 FTE, total assets €605.9mSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 42% of them on solvency, 83% on liquidity, 64% on profitability and 29% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by total assets in West Flanders, Real estate sectorin the Checked rankings No. 1 View
- Result fell in 2025the 2024 profit included a one-off income of €2.5m ▼ 79.9% View
- Flemish supportawarded from 2022 to 2025 €43.3m View
- Positive: 8 profitable years in a rowprofit 2025: €894,681, mostly one-off 8 years View
- Board changedlatest change 17-07-2026 · 15 in office 1 joined · 1 left View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed Appointment: Karel Scherpereel (director)Resignation: Franky Demon (director)
- · Gazette deed Demerger: WOONSTART splits off to VIVENDO
- · Gazette deed Capital & shares · Amendment of the articles · Miscellaneous
Comparable companies
These companies have the same main activity as VIVENDO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €265m and €1.1bn, founded between 1921 and 1947.
| Company | Total assets | Turnover |
|---|---|---|
| VIVENDO Brugge | €605.9m | €44.9m |
| LeefGoed Geel | €570.8m | €35.3m |
| MAATSCHAPPIJ TOT EXPLOITATIE VAN IMMOBILIEN Waregem | €1,110.4m | €28.3m |
| WOONBOOG Turnhout | €520.1m | €38.6m |
| CENTR'HABITAT La Louvière | €370.9m | €29.4m |
| Toit & moi, immobilière sociale de la région montoise Mons | €318.8m | €25.9m |
| WoonST Temse | €264.8m | €20.7m |
Key facts about VIVENDO
- What is the company number of VIVENDO?
- The company number of VIVENDO is 0406.062.883. The VAT number is the same number with BE in front: BE 0406.062.883.
- Where is VIVENDO based?
- The registered office is at Handboogstraat 2, 8000 Brugge.Company details
- What does VIVENDO do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of VIVENDO?
- The legal form of VIVENDO is Private limited company (BV).
- When was VIVENDO founded?
- VIVENDO was founded on 07-11-1955.
- Is VIVENDO still active?
- Yes, VIVENDO is an active enterprise in the KBO register.
- How many employees does VIVENDO have?
- VIVENDO had an average of 75.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does VIVENDO fall under?
- In its 2025 annual accounts, VIVENDO states joint committee 339 (Paritair Comité voor de erkende maatschappijen voor sociale huisvesting).
- What is the turnover of VIVENDO?
- The turnover of VIVENDO was €44.9m in financial year 2025, according to the filed annual accounts.
- Is VIVENDO profitable?
- In financial year 2025, VIVENDO made a profit of €894,681.
- Where can I find the annual accounts of VIVENDO?
- VIVENDO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VIVENDO due?
- VIVENDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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