VILVO INVEST
ActiveSummary
VILVO INVEST has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15.43M and a net result of €1.19M. Equity is growing by ~3.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-13
Solvency89▼-7
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1M at 30 days acceptable
Liquidity ample (current ratio 2.7 against 49.32 in 2023; short-term debt: 35.9% and cash: 1.3% of total assets), and 36% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64%
Return on assets
4.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
32 d early
2021
45 d early
2020
52 d early
2019
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€4.08M▼ 14.8%
2020 · €4.78M
2018: €7.00M
2019: €5.35M
2020: €4.78M
2018 → 2021
EBIT margin
29.1%▼ 16.3pp
2020 · 45.5%
2018: 100.6%
2019: 54.0%
2020: 45.5%
2018 → 2021
Net result
€1.19M▼ 75.3%
2023 · €4.82M
2018: €4.29M
2019: €1.36M
2020: €1.02M
2021: €475k
2022: €-246k
2023: €4.82M
2018 → 2024
Working capital
€14.71M▼ 50.9%
2023 · €29.95M
2018: €12.04M
2019: €10.17M
2020: €7.53M
2021: €9.60M
2022: €5.92M
2023: €29.95M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€4.78M-€4.08M▼ 14.8%
Equity€17.19M-€17.66M▲ 2.8%€17.42M▼ 1.4%€22.24M▲ 27.7%€15.43M▼ 30.6%
Operating result€2.18M-€1.19M▼ 45.4%€214k▼ 82.0%€6.88M▲ 3,118%€845k▼ 87.7%
Net result€1.02M-€475k▼ 53.2%€-246k€4.82M€1.19M▼ 75.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 88% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24.12M
Fixed assets
€750k ▼ 12.7%
Current assets
€23.37M ▼ 23.5%
Equity and liabilities €24.12M
Equity
€15.43M ▼ 30.6%
Provisions
€28k ▲ 3.1%
Debt
€8.66M ▼ 5.4%
Debt's share of the balance-sheet total rises from 29.1% to 35.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€870k▼
2023 · €7.17M
Cash flow
€1.22M▼
2023 · €5.12M
Current ratio
2.70▼
2023 · 49.32
Debt to equity
0.56▲
2023 · 0.41
ROE
7.7%▼
2023 · 21.7%
ROA
4.9%▼
2023 · 15.3%
Interest coverage
12.64▼
2023 · 20.29
Debt ≤ 1 year
€8.66M▲
2023 · €620k
Income taxes
€323k▼
2023 · €1.70M
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 · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€31.42M€24.12M▼
Fixed assets21/28€859k€750k▼
Tangible fixed assets22/27€775k€750k▼
Land and buildings22€771k€748k▼
Plant, machinery and equipment23€4k€2k▼
Financial fixed assets28€84k-
Current assets29/58€30.57M€23.37M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€6.04M€2.90M▼
Trade receivables40€221k€9k▼
Other amounts receivable41€5.82M€2.89M▼
Current investments50/53-€20.00M
Cash at bank and in hand54/58€24.52M€324k▼
Deferred charges and accrued income490/1€5k€155k▲
Equity and liabilities
Total equity and liabilities10/49€31.42M€24.12M▼
Equity10/15€22.24M€15.43M▼
Contributions10/11€13.06M€13.06M=
Capital10€13.06M€13.06M=
Issued capital100€13.06M€13.06M=
Reserves13€1.09M€1.15M▲
Non-distributable reserves130/1€536k€596k▲
Legal reserve130€536k€596k▲
Distributable reserves133€554k€554k=
Profit (loss) carried forward14€8.09M€1.22M▼
Provisions and deferred taxes16€28k€28k▲
Provisions for liabilities and charges160/5€28k€28k▲
Major repairs and maintenance162€28k€28k▲
Amounts payable17/49€9.16M€8.66M▼
Amounts payable after more than one year17€7.68M-
Financial debts170/4€7.68M-
Other amounts payable178/9€5k-
Amounts payable within one year42/48€620k€8.66M▲
Trade debts44€396k€22k▼
Suppliers440/4€396k€22k▼
Taxes, remuneration and social security45€5k€423k▲
Taxes450/3€5k€423k▲
Other amounts payable47/48€219k€8.22M▲
Accrued charges and deferred income492/3€852k-
Income statement
Code20232024
Non-recurring operating income76A€6.04M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€295k€25k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€767k€62▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-37k€848▲
Other operating charges640/8€836k€6k▼
Non-recurring operating charges66A-€500k
Gross operating margin9900€8.74M€1.38M▼
Operating profit (loss)9901€6.88M€845k▼
Financial income75/76B€1k€738k▲
Recurring financial income75€1k€738k▲
Financial charges65/66B€353k€69k▼
Recurring financial charges65€353k€69k▼
Profit (loss) for the period before taxes9903€6.52M€1.51M▼
Income taxes67/77€1.70M€323k▼
Profit (loss) for the period9904€4.82M€1.19M▼
Profit (loss) for the period to be appropriated9905€4.82M€1.19M▼
Appropriation of the result
Profit (loss) to be appropriated9906€8.33M€9.28M▲
Profit (loss) brought forward from the previous period14P€3.51M€8.09M▲
Transfer to equity691/2€241k€60k▼
To the legal reserve6920€241k€60k▼
Profit to be distributed694/7-€8.00M
Return on contributions (dividend)694-€8.00M
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €4.82M
Net result €4.82M after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 49.32
Current ratio from 14.96 to 49.32.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-246k ▼152%
Net result drops to €-246k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 14current ratio 206.85
Current ratio from 14.81 to 206.85; short-term debt falls from €546k to €47k.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
03-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 15.54
Current ratio from 5.80 to 15.54; short-term debt falls from €2.51M to €699k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
04-11
State Gazette act
Board meeting · Demerger
Accounting effect · Share issue
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
27 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, Sint-Joost-ten-Node · 1 establishment unit since 1998
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.
Koningsstraat 1511210 Sint-Joost-ten-NodeGround area
2,406 m²
Building footprint
1,878 m²
Volume, LiDAR
72,719 m³
Parcel 21014A0484/00C000, Brussels · tallest building 71.4 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
VILVO INVEST
since 19982.087.776.134
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0484/00C000 | Brussels | 2,406 m² | 1 · 1,878 m² | 71.4 m · 12 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.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Sint-Joost-Ten-Node
Sint-Joost-Ten-Node · indirect
controls
VILVO INVESTBE 0463.288.628
Acquisitions and mergers
1 transactionReceived in a demerger part of:WHITE PARK
Public money · subsidies and aid
European Union, budget
2021 to 2024 · 10 entries · 10,197,817 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 2 | 0 EUR |
| 2023 | 2 | 3,585,224 EUR |
| 2022 | 2 | 3,341,370 EUR |
| 2021 | 4 | 3,271,223 EUR |
Projects
REDEVANCES ACQUISITIVES DE BIEN IMMOBILIERS
REDEVANCES DE BIENS IMMOBILIERS
REDEVANCES ACQUISITIVES DE BIENS IMMOBILIERS
Recognitions · licences · registrations
Legal Entity Identifier
69940005WLCZJUIB3Z08
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-05-1998
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.