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IMMO VITRIVAL

Active
Private limited companyfounded 20188 yrs activeRue Donveau, Hanzinelle 1, 5620 Florennes, BelgiumKBO/BCE: BE 0692.745.393
Summary

IMMO VITRIVAL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,264 and a net result of -€8,049. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability33▲+32
Solvency34▼-66
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.1 against 31.63 in 2024; short-term debt: 90.5% and cash: 0% of total assets), and 90.5% of the assets are financed with debt.
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Signals

Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.5%
Return on assets
-2%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€8,049
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 29-01-2026, 2 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
2 d early
2024
5 d late
2023
5 d early
2022
21 d early
2021
132 d early
2020
131 d early
2019
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 49 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 26 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close01-10-2026 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

History

On 21 March 2018, IMMO VITRIVAL was incorporated.1 Total assets went from EUR 212,544 in 2019 to EUR 403,776 in 2025 and headcount from 1 full-time equivalents in 2019 to 1 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€8,049▼ 15.0%
2024 · -€7,000
Working capital
€38,264▼ 17.4%
2024 · €46,313
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€17,386▲ 32.9%-€5,615▲ 67.7%-€2,532▲ 54.9%-€2,318▲ 8.5%-€7,994▼ 245%
Net result€71,884within the sector's middle half-€4,733within the sector's middle half-€2,579within the sector's middle half▲ 45.5%-€7,000within the sector's middle half▼ 171%-€8,049below the sector's middle half▼ 15.0%
Equity€42,822below the sector's middle half€55,892below the sector's middle half▲ 30.5%€53,313within the sector's middle half▼ 4.6%€46,313within the sector's middle half▼ 13.1%€38,264within the sector's middle half▼ 17.4%
Total assets€82,216below the sector's middle half▼ 63.2%€55,986below the sector's middle half▼ 31.9%€53,313below the sector's middle half▼ 4.8%€47,825below the sector's middle half▼ 10.3%€403,776within the sector's middle half▲ 744%
Debt€6,291▼ 97.5%€94▼ 98.5%€1,512€365,512▲ 24,072%
Working capital€75,375within the sector's middle half€55,617within the sector's middle half▼ 26.2%€46,313within the sector's middle half€38,264within the sector's middle half▼ 17.4%
Solvency52.1%within the sector's middle half▲ 65.1pp99.8%above the sector's middle half▲ 47.7pp100.0%above the sector's middle half▲ 0.2pp96.8%above the sector's middle half▼ 3.2pp9.5%within the sector's middle half▼ 87.4pp
Current ratio12.98above the sector's middle half▲ 12.7631.63above the sector's middle half1.10within the sector's middle half▼ 30.52
Return on assets (ROA)87.4%above the sector's middle half▲ 105.8pp-8.5%below the sector's middle half▼ 95.9pp-4.8%below the sector's middle half▲ 3.6pp-14.6%below the sector's middle half▼ 9.8pp-2.0%within the sector's middle half▲ 12.6pp
Staff (FTE)1within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: -€17,386-€17,386Net result 2021: €71,884€71,884Operating result 2022: -€5,615-€5,615Net result 2022: -€4,733-€4,733Operating result 2023: -€2,532-€2,532Net result 2023: -€2,579-€2,579Operating result 2024: -€2,318-€2,318Net result 2024: -€7,000-€7,000Operating result 2025: -€7,994-€7,994Net result 2025: -€8,049-€8,04920212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€2,532-€2,530Net result 2023: -€2,579-€2,580Operating result 2024: -€2,318-€2,320Net result 2024: -€7,000-€7,000Operating result 2025: -€7,994-€7,990Net result 2025: -€8,049-€8,050202320242025
The operating result stays negative: a loss of €7,994 in 2025 against €2,318 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €403,776
Equity €38,264 ▼ 17.4%
Debt €365,512 ▲ 24,072%
Debt's share of the balance-sheet total rises from 3.2% to 90.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.01▼
2024 · 31.63
Debt to equity
9.55▲
2024 · 0.03
ROE
-21.0%▼
2024 · -15.1%
Debt ≤ 1 year
€365,512▲
2024 · €1,512
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 849 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss
4.6% went bankrupt
3.3% stopped otherwise
92% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 849 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€47,825€403,776▲
Current assets29/58€47,825€403,776▲
Stocks and contracts in progress3-€399,265
Stocks30/36-€399,265
Amounts receivable within one year40/41€37,378€4,448▼
Trade receivables40€36,830€1,830▼
Other amounts receivable41€548€2,618▲
Cash at bank and in hand54/58€10,447€63▼
Equity and liabilities
Total equity and liabilities10/49€47,825€403,776▲
Equity10/15€46,313€38,264▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€27,713€19,664▼
Amounts payable17/49€1,512€365,512▲
Amounts payable within one year42/48€1,512€365,512▲
Trade debts44€1,512€1,512=
Suppliers440/4€1,512€1,512=
Other amounts payable47/48-€364,000
Income statement Code20242025
Other operating charges640/8€384€384=
Gross operating margin9900-€1,933-€7,609▼
Operating profit (loss)9901-€2,318-€7,994▼
Financial charges65/66B€46€55▲
Recurring financial charges65€46€55▲
Profit (loss) for the period before taxes9903-€2,364-€8,049▼
Income taxes67/77€4,636-
Profit (loss) for the period9904-€7,000-€8,049▼
Profit (loss) for the period to be appropriated9905-€7,000-€8,049▼
Appropriation of the result
Profit (loss) to be appropriated9906€27,713€19,664▼
Profit (loss) brought forward from the previous period14P€34,713€27,713▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€55----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275€275€275---
Other operating charges640/8-€22-€384€384=
Gross operating margin9900€24,572-€5,262-€2,257-€1,933-€7,609▼ 294%
Operating profit (loss)9901-€17,386-€5,615-€2,532-€2,318-€7,994▼ 245%
Financial charges65/66B-€18€46€46€55▲ 18.1%
Recurring financial charges65€9,545€18€46€46€55▲ 18.1%
Profit (loss) for the period before taxes9903€105,480-€5,633-€2,579-€2,364-€8,049▼ 240%
Income taxes67/77€493-€900-€4,636--
Profit (loss) for the period9904€71,884-€4,733-€2,579-€7,000-€8,049▼ 15.0%
Profit (loss) for the period to be appropriated9905-€27,424-€4,733-€2,579-€7,000-€8,049▼ 15.0%
Line20212022202320242025Change
Assets
Total assets20/58€82,216€55,986€53,313€47,825€403,776▲ 744%
Formation expenses20€550€275----
Current assets29/58€81,666€55,711€53,313€47,825€403,776▲ 744%
Stocks and contracts in progress3----€399,265-
Stocks30/36----€399,265-
Amounts receivable within one year40/41€77,465€54,000€53,000€37,378€4,448▼ 88.1%
Trade receivables40---€36,830€1,830▼ 95.0%
Other amounts receivable41-€54,000€53,000€548€2,618▲ 378%
Cash at bank and in hand54/58€4,201€1,711€313€10,447€63▼ 99.4%
Equity and liabilities
Total equity and liabilities10/49€82,216€55,986€53,313€47,825€403,776▲ 744%
Equity10/15€42,822€55,892€53,313€46,313€38,264▼ 17.4%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600---
Issued capital100-€18,600€18,600---
Reserves13€99,308-----
Profit (loss) carried forward14-€75,086€37,292€34,713€27,713€19,664▼ 29.0%
Provisions and deferred taxes16€33,103-----
Amounts payable17/49€6,291€94-€1,512€365,512▲ 24,072%
Amounts payable within one year42/48€6,291€94-€1,512€365,512▲ 24,072%
Trade debts44€5,125€94-€1,512€1,512=
Suppliers440/4-€94-€1,512€1,512=
Other amounts payable47/48----€364,000-
Line20212022202320242025Change
Profit (loss) for the period9904€71,884-€4,733-€2,579-€7,000-€8,049▼ 15.0%
+ Depreciation and write-downs630€275€275€275---
Operating cash flow (approximation)€72,159-€4,458-€2,304-€7,000-€8,049▼ 15.0%
Change in cash--€2,490-€1,398€10,134-€10,384▼ 202%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial Liquidity times 46current ratio 591.47
Current ratio from 12.98 to 591.47; short-term debt falls from €6,291 to €94.
2021
21-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial Back to profitnet €71,884
Net result €71,884 after 2 loss-making years.
30-06
Financial Liquidity times 59current ratio 12.98
Current ratio from 0.22 to 12.98; short-term debt falls from €245,671 to €6,291.
2020
22-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Weakest financial yearnet -€41,133
Net result drops to -€41,133, the lowest in the series; recovery starts the following year.
2019
06-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Florennes · 1 establishment unit since 2019
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.

Rue Donveau, Hanzinelle 15620 Florennes
1 establishment unit
Immo Vitrival
Rue Donveau, Hanzinelle 1, 5620 FlorennesReal estate development
since 20192.289.678.367

Similar companies · same sector, comparable size

Of 9,695 companies in this sector we hold annual accounts for 7,393. 4,777 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded21-03-2018
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
Contact
E-mail Aurelie.vanderbeck@iaci.beFlorennes
Phone +32479688214Florennes
E-invoicing
Not found in the Peppol register

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Register as of 1 October 2026 · Peppol Directory

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