Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VIC from Ieper, company number BE0471411189, closed financial year 2025 with a result of € 1,097 after tax. For that financial year VIC recorded a gross margin of € 61,932 and equity of € -77,605. Compared with financial year 2024, the result moved from € 2,397 to € 1,097. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ -77,605
▲ € 1,097 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,097
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 16,258
▲ 185% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -140,605.
Debts at end 2025
€ 588,461
▼ 9% vs 2024
€ 58,846 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 13,691
▲ 249% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -29,776 | € 25,027 | € 59,458 | € 61,932 | ▲ 4% |
| Profit after taxes | € -54,710 | € -53,711 | € 2,397 | € 1,097 | ▼ 54% |
| Equity | € -27,388 | € -81,099 | € -78,702 | € -77,605 | ▲ € 1,097 |
| Total debts | € 1,195,264 | € 1,232,892 | € 1,189,019 | € 1,154,587 | ▼ 3% |
| Cash | € 32,299 | € 574 | € 5,706 | € 16,258 | ▲ 185% |
| Land & buildings | € 533,680 | € 1,075,614 | € 1,029,715 | € 980,812 | ▼ 5% |
| Retained profit | € -90,388 | € -144,099 | € -141,702 | € -140,605 | ▲ € 1,097 |
| Bank debt | € 765,000 | € 706,154 | € 647,308 | € 588,461 | ▼ 9% |
| Balance sheet total | € 1,167,876 | € 1,151,792 | € 1,110,317 | € 1,076,982 | ▼ 3% |
Key figures of VIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VIC?
What happened at VIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,097 (▼ 54% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,710 loss in 2022 to € 1,097 profit in 2025.
Best year ever: 2024, with € 2,397 profit.
Management
Behind VIC are Norbert Van Isacker and Micheline Van Isacker. The same people are also behind LEVACO. Norbert Van Isacker is also behind LEMAHIEU AGRO, CNOPAT and IVAMO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Veurnseweg 21
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.411.189
- VAT number
- BE 0471.411.189
- Registered office
- Veurnseweg 21, 8900 Ieper
- Names & denominations
- VIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2000
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen