VATAI Technology
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 6 days after the deadline Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00384372.
Annual accounts 2025 filed on 06-08-2026 at the NBB all 2 filings
Turnover
€519,153▲ 55.7%
2024 · €333,515
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€802,304
2024 · €4,209
Working capital
-€1.1m
2024 · €425,011
Multi-year overview
2024 to 2025, 2 financial yearsTurnover
€519,153
▲ 55.7%
2025
20242025
Operating result
-€767,476
2025
20242025
Net result
-€802,304
2025
lowest quarter of the sector
20242025
Equity
-€598,095
2025
lowest quarter of the sector
20242025
Total assets
€1.5m
▲ 137%
2025
highest quarter of the sector
20242025
Debt
€2.1m
▲ 15×
2025
20242025
Working capital
-€1.1m
2025
lowest quarter of the sector
20242025
Solvency
-40.1%
▼ 117.3pp
2025
lowest quarter of the sector
20242025
Current ratio
0.40
▼ 3.57
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-53.8%
▼ 54.5pp
2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Turnover€0.3m-€0.5m▲ 55.7%
Operating result€0.02m--€0.8m
Net result€0.004mbelow the sector's middle half--€0.8mbelow the sector's middle half
Equity€0.5mabove the sector's middle half--€0.6mbelow the sector's middle half
Total assets€0.6mabove the sector's middle half-€1.5mabove the sector's middle half▲ 137%
Debt€0.1m-€2.1m▲ 15×
Working capital€0.4mabove the sector's middle half--€1.1mbelow the sector's middle half
Solvency77.2%within the sector's middle half--40.1%below the sector's middle half▼ 117.3pp
Current ratio3.97within the sector's middle half-0.40below the sector's middle half▼ 3.57
Return on assets (ROA)0.7%below the sector's middle half--53.8%below the sector's middle half▼ 54.5pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €767,476, after a profit of €18,573 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€764,518 ▲ 13×
Current assets
€726,098 ▲ 27.8%
Equity and liabilities
Equity-€598,095
Debt€2.1m
Equity is negative. Debt (€2.1m) exceeds the balance-sheet total (€1.5m).
Key figures and ratios
Debt ≤ 1 year
€1.8m▲
2024 · €143,140
Debt > 1 year
€280,000
Customer credit
247 days▲
2024 · 21 days
Supplier credit
136 days▼
2024 · 164 days
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | €60,047 | €704,471 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €0.3m | €0.5m | ▲ 55.7% |
| Goods, raw materials, services and sundry goods60/61 | €0.3m | €1.3m | ▲ 307% |
| Other operating charges640/8 | €0.002m | - | - |
| Non-recurring operating charges66A | - | €0.002m | - |
| Gross operating margin9900 | €0.02m | -€0.8m | - |
| Operating profit (loss)9901 | €0.02m | -€0.8m | - |
| Financial income75/76B | €0.001m | - | - |
| Recurring financial income75 | €0.001m | - | - |
| Financial charges65/66B | €0.01m | €0.03m | ▲ 158% |
| Recurring financial charges65 | €0.01m | €0.03m | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €0.006m | -€0.8m | - |
| Income taxes67/77 | €0.001m | - | - |
| Profit (loss) for the period9904 | €0.004m | -€0.8m | - |
| Profit (loss) for the period to be appropriated9905 | €0.004m | -€0.8m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €0.6m | €1.5m | ▲ 137% |
| Fixed assets21/28 | €0.06m | €0.8m | ▲ 13× |
| Financial fixed assets28 | €0.06m | €0.8m | ▲ 13× |
| Current assets29/58 | €0.6m | €0.7m | ▲ 27.8% |
| Amounts receivable within one year40/41 | €0.1m | €0.4m | ▲ 168% |
| Trade receivables40 | €0.02m | - | - |
| Other amounts receivable41 | €0.1m | €0.4m | ▲ 213% |
| Cash at bank and in hand54/58 | €0.4m | €0.4m | ▼ 17.3% |
| Deferred charges and accrued income490/1 | - | €0.01m | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €0.6m | €1.5m | ▲ 137% |
| Equity10/15 | €0.5m | -€0.6m | - |
| Contributions10/11 | €0.5m | €0.2m | ▼ 58.4% |
| Profit (loss) carried forward14 | €0.004m | -€0.8m | - |
| Amounts payable17/49 | €0.1m | €2.1m | ▲ 15× |
| Amounts payable after more than one year17 | - | €0.3m | - |
| Financial debts170/4 | - | €0.3m | - |
| Amounts payable within one year42/48 | €0.1m | €1.8m | ▲ 13× |
| Trade debts44 | €0.1m | €0.5m | ▲ 238% |
| Suppliers440/4 | €0.1m | €0.5m | ▲ 238% |
| Advances received on contracts in progress46 | - | €0.8m | - |
| Taxes, remuneration and social security45 | €0.001m | €0.001m | ▼ 30.0% |
| Taxes450/3 | €0.001m | €0.001m | ▼ 30.0% |
| Other amounts payable47/48 | - | €0.6m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,209 | -€802,304 | - |
| Operating cash flow (approximation) | €4,209 | -€802,304 | - |
| Investment in fixed assets (approximation) | - | -€704,471 | - |
| Change in cash | - | -€75,603 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.