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VIXA

Active
Public limited companyfounded 198936 yrs activeSchardauwstraat 21, 8880 Ledegem, BelgiumKBO/BCE: BE 0439.848.280
Summary

VIXA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €-27k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 52% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-5
Solvency80▼-1
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 78.66 against 84.69 in 2024; short-term debt: 0.3% and cash: 1.9% of total assets), and 45.1% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
39 d early
2023
58 d early
2022
42 d early
2021
49 d early
2020
40 d early
2019
39 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€425k▼ 6.0%
2024 · €452k
2019: €445k 2020: €447k 2021: €447k 2022: €449k 2023: €451k 2024: €452k
2019 → 2025
Total assets
€774k▼ 3.9%
2024 · €805k
2019: €836k 2020: €836k 2021: €830k 2022: €813k 2023: €815k 2024: €805k
2019 → 2025
Net result
€-27k
2024 · €386
2019: €-32k 2020: €2k 2021: €365 2022: €2k 2023: €2k 2024: €386
2019 → 2025
Working capital
€179k▲ 9.6%
2024 · €164k
2019: €106k 2020: €86k 2021: €113k 2022: €130k 2023: €149k 2024: €164k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€447k-€449k▲ 0.4%€451k▲ 0.5%€452k▲ 0.1%€425k▼ 6.0%
Operating result€1k-€2k▲ 53.1%€2k▲ 25.3%€6k▲ 176%€-27k
Net result€365-€2k▲ 398%€2k▲ 11.9%€386▼ 81.0%€-27k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2021: €1k€1kNet result 2021: €365€365Operating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €2k€2kNet result 2023: €2k€2kOperating result 2024: €6k€6kNet result 2024: €386€386Operating result 2025: €-27k€-27kNet result 2025: €-27k€-27k20212022202320242025€-30k€-20k€-10k€0€10kOperating result 2023: €2k€2.3kNet result 2023: €2k€2kOperating result 2024: €6k€6.5kNet result 2024: €386€386Operating result 2025: €-27k€-27kNet result 2025: €-27k€-27k202320242025
The operating result turns negative in 2025: a loss of €27k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €774k
Fixed assets €592k ▼ 7.4%
Current assets €181k ▲ 9.7%
Equity and liabilities €774k
Equity €425k ▼ 6.0%
Debt €349k ▼ 1.2%
Debt's share of the balance-sheet total rises from 43.9% to 45.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49k▼
2024 · €50k
Cash flow
€49k▲
2024 · €44k
Current ratio
78.66▼
2024 · 84.69
Debt to equity
0.82▲
2024 · 0.78
ROE
-6.4%▼
2024 · 0.1%
ROA
-3.5%▼
2024 · 0.0%
Interest coverage
419.59▼
2024 · 434.59
Debt ≤ 1 year
€2k▲
2024 · €2k
Debt > 1 year
€347k▼
2024 · €351k
Income taxes
€405▼
2024 · €422
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 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€805k€774k▼
Fixed assets21/28€640k€592k▼
Tangible fixed assets22/27€640k€592k▼
Land and buildings22€76k€70k▼
Plant, machinery and equipment23€5k€3k▼
Other tangible fixed assets26€559k€519k▼
Current assets29/58€165k€181k▲
Amounts receivable within one year40/41€360€126k▲
Other amounts receivable41€360€126k▲
Current investments50/53€35k€35k=
Cash at bank and in hand54/58€125k€15k▼
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€805k€774k▼
Equity10/15€452k€425k▼
Contributions10/11€372k€372k=
Capital10€372k€372k=
Issued capital100€372k€372k=
Reserves13€62k€47k▼
Non-distributable reserves130/1€37k€37k=
Legal reserve130€37k€37k=
Distributable reserves133€25k€10k▼
Profit (loss) carried forward14€18k€6k▼
Amounts payable17/49€353k€349k▼
Amounts payable after more than one year17€351k€347k▼
Other amounts payable178/9€351k€347k▼
Amounts payable within one year42/48€2k€2k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Other amounts payable47/48€800€800=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€76k▲
Other operating charges640/8€14k€14k=
Gross operating margin9900€64k€63k▼
Operating profit (loss)9901€6k€-27k▼
Financial income75/76B-€248
Recurring financial income75-€248
Financial charges65/66B€6k€117▼
Recurring financial charges65€116€117▲
Non-recurring financial charges66B€6k-
Profit (loss) for the period before taxes9903€808€-27k▼
Income taxes67/77€422€405▼
Profit (loss) for the period9904€386€-27k▼
Profit (loss) for the period to be appropriated9905€386€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-9k▼
Profit (loss) brought forward from the previous period14P€17k€18k▲
Transfer from equity791/2-€15k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
10-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
23-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial Liquidity triplescurrent ratio 84.69
Current ratio from 25.55 to 84.69; short-term debt falls from €6k to €2k.
2023
04-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial Highest result since 2019net €2k ▲11.9%
Net result €2k, the highest in the series.
2022
20-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
13-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial Liquidity quadruplescurrent ratio 106.98
Current ratio from 25.99 to 106.98; short-term debt falls from €3k to €1k.
2020
22-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
2019
23-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
12-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Ledegem · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
967 m²
Building footprint
185 m²
Volume, LiDAR
961 m³
Parcel 36018A0175/00H000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
V I X A NV
Schardauwstraat 21, 8880 LedegemInsurance, reinsurance and pension funding, except compulsory social security
since 19902.047.398.202
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36018A0175/00H000 Flanders 967 m² 1 · 185 m² 9.0 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

Legal Entity Identifier

8945008H0N43NE7YPH68
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,919 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 formPublic limited company
Founded29-12-1989
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.