Losses
-€32,221 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
V.T.A.
Lifetime
8 annual accounts with figures on one time axispeak €47,820 (2019)
€13,240▲ 227%
lowest -€14,463 (2020)
-€7,319▲ €6,216
peak €44,885 (2022)
€16,331▼ 30.9%
€1,051▼ 78.8%
Board1 name since 2022
-
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €4,048 to €13,240Loss of €7,319Change of role: EBITASHVILI Jimi, from manager to director 16-07Equity from €23,650 to €16,331Debts from €4,952 to €1,051Investments €8,252
Key points
from the 2025 annual accountsTurnover
≈ €72,000 estimated
The micro format states no turnover.
Investments
€8,252 4.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
10.32 was 5.71 in 2024
Short-term debts fell from €4,952 to €1,051.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 4 to 18 days before the end of the period.
Position in the sector
94.0%
Higher solvency than 95% of companies in land transport. Sector median 37.7% · 5,940 companies.
Checked score
70
Healthy
Financially stronger than 52% of micro companies in land transport (NACE 49)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Land transport and transport via pipelines (NACE 49)
Loss of €7,319, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 10.32, cash €4,337, halved
Equity €16,331 (94.0% of total assets)
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 49, micro). It does better than 92% of them on solvency, 85% on liquidity, 13% on profitability and 16% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as V.T.A. has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of V.T.A. itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for V.T.A.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.32 (5.71 in 2024), above the usual 1.5. Short-term debt is 6% and cash 25% of total assets. 6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7,319
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
18 days early
2024
5 days early
2023
7 days early
2022
4 days early
2021
9 days early
2020
13 days early
2019
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0685960244
Change of role: EBITASHVILI Jimi, from manager to director
Director discharge: EBITASHVILI Jimi · General meeting of 03-07-2025 · Gazette deed
Incorporation
published on 19-12-2017 · Gazette deed
First establishment
Belg.Onafhankelijkheidsln. 20, Koekelberg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| V.T.A. Koekelberg | €17,382 | €13,240 | 94.0% | - |
| FIRST SERVICE LIMO Molenbeek-Saint-Jean | €19,811 | €12,080 | 58.1% | - |
| LOUNA ROYAL Molenbeek-Saint-Jean | €16,660 | €16,461 | -68.4% | - |
| S & S SOLUTIONS & SERVICES Brussels | €24,129 | €8,862 | 59.0% | - |
| A.L.H. SERVICES Jette | €18,320 | €7,071 | 82.0% | - |
| ALVÉRON GROUP Molenbeek-Saint-Jean | €29,633 | €10,694 | 58.4% | - |
| DEBRAN Brussels | €33,210 | €10,705 | 75.9% | - |
These companies have the same main activity as V.T.A.: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €16,700 and €33,200, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 15-12-2017Normal situation
- Activity
- Non-scheduled passenger transport by roadNACE 49320and 2 others
- Establishment unit
- 2.270.903.6221081 Koekelberg, since 15-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 10-02-2026
Annual accounts 2025
- €17,382▼ 39.2%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on V.T.A.
V.T.A. files the micro format. That format states no turnover. The gross margin fell from €23,156 in 2018 to €13,240 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about V.T.A.
- What is the company number of V.T.A.?
- The company number of V.T.A. is 0685.960.244. The VAT number is the same number with BE in front: BE 0685.960.244.
- Where is V.T.A. based?
- The registered office is at Belg.Onafhankelijkheidsln. 20, 1081 Koekelberg.Company details
- What does V.T.A. do?
- According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
- What is the legal form of V.T.A.?
- V.T.A. is a private limited company (BV).
- When was V.T.A. founded?
- V.T.A. was founded on 15-12-2017.
- Is V.T.A. still active?
- Yes, V.T.A. is an active enterprise in the KBO register.
- What is the turnover of V.T.A.?
- The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €13,240 and 173 comparable companies (NACE 493). It probably lies between €44,000 and €120,000. It is a rough estimate.Financials
- Is V.T.A. profitable?
- In financial year 2025, V.T.A. made a loss of €7,319.
- Where can I find the annual accounts of V.T.A.?
- V.T.A. filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of V.T.A. due?
- V.T.A. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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