VERTIX TECH
ActiveFrom the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of VERTIX TECH is 9.2% (elevated). The 2024 annual accounts show negative equity (-€309,414) and a net result of -€46,498. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 14% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 26-01-2017 Normal situation
- Legal form
- Private limited company
- Registered office
- Genkerhei 10, 3600 Genk
- Activity
- Wholesale of electrical household appliances and audio-video equipment NACE 46431
- Establishment unit
- 2.264.858.344 3600 Genk, since 26-01-2017
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
How it is doing
- Bankruptcy probabilitywithin 12 months
- 9.2%
- Gross margin
- €30,032
- Turnover
- ≈ €160,000
- estimated
- Loss
- €46,498
- ▲ 6.4%
- Equity
- -€309,414
- ▼ 17.7%
- Total assets
- €1.2m
- ▼ 7.1%
Why 31raises risk1 financial year not filed after the legal deadline; last filed accounts filed 238 days late; 2 of the last 3 lateLiquidity: current ratio 0.12Figures for financial year 2024 (filed 03-04-2026)Negative equity -€309,414Show the evidence
Checked score
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 6% on solvency, 1% on liquidity, 47% on profitability and 20% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 135 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024
- Financial year ended
- 31-12-2024
- Filed on
- 26-03-2026
- Format
- micro format
- Reference
- 2026-00071607
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €44,956 in 2024 against €42,782 in 2023; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94.9% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,167 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €52,715 | €6,123 | - | - | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €11,684 | €9,479 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,328 | €4,634 | €3,175 | €8,242 | €8,242 | €27,149 | €69,193 | ▲ 155% |
| Other operating charges640/8 | - | - | - | €3,379 | €2,880 | €4,316 | €5,795 | ▲ 34.3% |
| Gross operating margin9900 | -€63,908 | -€47,616 | -€28,920 | -€11,684 | -€9,479 | -€11,317 | €30,032 | - |
| Operating profit (loss)9901 | -€75,807 | -€54,345 | -€62,412 | -€23,306 | -€20,602 | -€42,782 | -€44,956 | ▼ 5.1% |
| Financial income75/76B | - | - | - | €31 | €1 | - | - | - |
| Recurring financial income75 | €0 | - | - | €31 | €1 | - | - | - |
| Financial charges65/66B | - | - | - | €210 | €234 | €242 | €36 | ▼ 85.2% |
| Recurring financial charges65 | €228 | €227 | €288 | €210 | €234 | €242 | €36 | ▼ 85.2% |
| Profit (loss) for the period before taxes9903 | -€76,035 | -€54,572 | -€62,701 | -€23,485 | -€20,836 | -€43,023 | -€44,992 | ▼ 4.6% |
| Income taxes67/77 | €56 | €46 | €46 | €36 | - | €680 | €1,507 | ▲ 122% |
| Profit (loss) for the period9904 | -€76,091 | -€54,618 | -€62,747 | -€23,521 | -€20,836 | -€43,703 | -€46,498 | ▼ 6.4% |
| Profit (loss) for the period to be appropriated9905 | -€76,091 | -€54,618 | -€62,747 | -€23,521 | -€20,836 | -€43,703 | -€46,498 | ▼ 6.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.5m | €0.4m | €0.4m | €1.2m | €1.2m | ▼ 7.1% |
| Fixed assets21/28 | €0.009m | €0.005m | €0.3m | €0.3m | €0.3m | €1.1m | €1.0m | ▼ 6.5% |
| Tangible fixed assets22/27 | €0.006m | €0.001m | €0.3m | €0.3m | €0.3m | €1.1m | €1.0m | ▼ 6.5% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €0.9m | €0.8m | ▼ 3.1% |
| Furniture and vehicles24 | - | - | - | - | - | €0.2m | €0.2m | ▼ 21.9% |
| Financial fixed assets28 | €0.004m | €0.004m | €0 | - | - | - | - | - |
| Current assets29/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 10.0% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts receivable within one year40/41 | €0.06m | €0.05m | €0.006m | €0.001m | €0.001m | - | €47 | - |
| Other amounts receivable41 | - | - | - | €0.001m | €0.001m | - | €47 | - |
| Cash at bank and in hand54/58 | €0.006m | €0.001m | €0.01m | €0.004m | €0.001m | €0.02m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.5m | €0.4m | €0.4m | €1.2m | €1.2m | ▼ 7.1% |
| Equity10/15 | -€0.06m | -€0.1m | -€0.2m | -€0.2m | -€0.2m | -€0.3m | -€0.3m | ▼ 17.7% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | -€0.08m | -€0.1m | -€0.2m | -€0.2m | -€0.2m | -€0.3m | -€0.3m | ▼ 16.5% |
| Amounts payable17/49 | €0.3m | €0.3m | €0.6m | €0.6m | €0.6m | €1.5m | €1.5m | ▼ 2.8% |
| Amounts payable after more than one year17 | - | €0.04m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.6m | €0.6m | €0.6m | €1.5m | €1.5m | ▼ 2.8% |
| Trade debts44 | €0.2m | €0.2m | €288 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €129 | €36 | €0.02m | €0.002m | ▼ 91.0% |
| Taxes450/3 | - | - | - | €129 | €36 | €0.02m | €0.002m | ▼ 91.0% |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.6m | €1.5m | €1.5m | ▼ 1.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€76,091 | -€54,618 | -€62,747 | -€23,521 | -€20,836 | -€43,703 | -€46,498 | ▼ 6.4% |
| + Depreciation and write-downs630 | €8,328 | €4,634 | €3,175 | €8,242 | €8,242 | €27,149 | €69,193 | ▲ 155% |
| Operating cash flow (approximation) | -€67,763 | -€49,984 | -€59,572 | -€15,279 | -€12,593 | -€16,554 | €22,695 | - |
| Investment in fixed assets (approximation) | - | €0 | -€268,400 | €0 | €0 | -€831,821 | €0 | - |
| Change in cash | - | -€5,063 | €12,560 | -€10,076 | -€2,112 | €17,448 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 26-03-2026 | 2026-00071607 | |
| 31-12-2023 | micro format | 02-09-2024 | 2024-00448025 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00355017 | |
| 31-12-2021 | micro format | 16-01-2023 | 2023-00001275 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-70600131 | |
| 31-12-2019 | micro format | 10-05-2021 | 2021-13800447 | |
| 31-12-2018 | micro format | 10-05-2021 | 2021-13800445 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| IBRAHIM Ibrahim Samir Awadeen Mohamed |
|
How the board is organised
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Schulden,lasten,kosten of consignatie,eerst evenwicht niet-volgestorte aandelen, netto actief naar aantal aandelen,natura zelfde wijze”
Articles of association, deed of 20-12-2023 (in Dutch)
Owners and capital
Capital and shareholders
- 20-12-2023 Converted to unavailable equity · €18,600
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Bureau en notulen algemene vergadering, zetel”Other provision: “Een aandeel een stem, stemrecht”Other provision: “Meerderheid van stemmen, meerderheid”8 more provisions in the deed, see the deed of 20-12-2023
Articles of association, deed of 20-12-2023 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-12
Gazette deed
Resignation: IBRAHIM Ibrahim Samir Awadeen Mohamed (director)Reappointment: IBRAHIM Ibrahim Samir Awadeen Mohamed (director) · Permanent representative: IBRAHIM Ibrahim Samir Awadeen Mohamed · Amendment of the articles12 facts ▸
- General meeting, 13-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen statutair onbeschikbare eigen vermogensrekening, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Other provision, 29-11-2023
- Purpose change
- Other provision, “vijfde besluit coördinatie statuten, vorig besluit” (deed in Dutch)
- Director resignation, IBRAHIM Ibrahim Samir Awadeen Mohamed (director)
- Director reappointment, IBRAHIM Ibrahim Samir Awadeen Mohamed (director (not named in the articles))
- Director discharge, IBRAHIM Ibrahim Samir Awadeen Mohamed
- Permanent representative, IBRAHIM Ibrahim Samir Awadeen Mohamed
- Registered office clause, “3600 Genk,Genkerhei 10, zevende besluit” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De groot- en kleinhandel,de aankoop- en verkoop,de in- en uitvoer alsook de ontwikkeling,het produceren,het verpakken van alle soorten…”
57 activities
- De groot- en kleinhandel,de aankoop- en verkoop,de in- en uitvoer alsook de ontwikkeling,het produceren,het verpakken van alle soorten chemische,farmaceutische,parafarmaceutische,fytofarmaceutische,homeopathische en hygiënische producten,pesticiden en specialiteiten,inbegrepen cosmetica,parfumerie,baby-,dieet-,kinder- en natuurvoeding alsook de groot-en kleinhandel,de aan- en verkoop,de productie en reparatie van alle soorten gezichts- en gehoorapparaten,zonnebrillen,van alle soorten artikelen,producten,toestellen en voorwerpen in verband met bandagisterie en orthopedie,alsook in verband met het uitvoeren van klinische analyses,veterinaire producten en instrumenten met inbegrip van artikelen voor kleine huisdieren en neerhofdieren,alles in de meest ruime zin van het woord en zonder enige beperking,medische- en onderhoudsproducten en van alle artikels in verband met optiek en macrobiotiek alsook alle apparatuur,materialen en diensten die met voorgaande verband houden.
- De groot- en kleinhandel,de in- en uitvoer,de fabricatie,levering,plaatsing,herstelling,onderhoud,huur en verhuring van medische apparatuur.
- Het opnemen van industriële,klinische,medische,biologische,scheikundige en toxicologische analyses.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- Iedere handelsbedrijvigheid die met de gezondheidszorg in de ruimste zin verband houdt.
- Het optreden als vervanger in apotheken.
- De studie,de uitbating,de vertegenwoordiging van brevetten,patenten,licenties,merken,knowhow,rechten van het intellectuele patrimonium.
- De handel onder al zijn vormen,van producten die hun oorsprong vinden in de commercialisatie van bovenvermelde rechten.Zij mag eveneens alle fabrieksmerken,octrooien en andere eruit voortvloeiende of aanvullende rechten verwerven en te gelde maken en deelnemen aan de opbouw,de ontwikkeling en het beheer van alle vennootschappen.
- De aan- en verkoop van producten en systemen voor dataregistratie.
- De aan- en verkoop,het verlenen van onderzoeks- en adviesdiensten,het ontwikkelen en exploiteren van concepten,producten en software voor computer,internet,media en/of marketingdoeleinden,in de meest ruime zin van het woord,alsmede al het geen hier ondersteunend kan zijn.
- Uitrustingen voor informatieverwerking en procesregeling.Installatie van elektrische bedrading en toebehoren,aanleggen of herstellen van buizen voor elektriciteitsleidingen.
- Onderneming in elektrotechniek.Installatie van bewakingssystemen en alarminstallaties.Installatie van satellietverbindingen en toebehoren.
- Het installeren,onderhouden,controleren van verwarming-,klimaatregeling- en ventilatieinstallaties.
- Installatie van elektrische bedrading en toebehoren;aanleggen of herstellen van buizen voor elektriciteitsleidingen.
- Alle elektriciteitswerken in nieuwbouw en renovatie,parlofonie en videofonie,domotica,netwerkbekabeling,TV,satelliet,automatisatie,industriële installaties,verlichting en verwarmingstechnieken,installatie van lichtreclames,nazien en aanpassen van complete elektrische installaties,bliksembeveiliging en overspanningbeveiliging
- De groot- en kleinhandel,de in- en uitvoer,de fabricatie,levering,plaatsing,herstelling,onderhoud en verhuring van alle elektrische en elektronische apparaten,alle verlichtingsartikelen,alle computermateriaal,hardware en software,radio-elektrisch materiaal,hi-fi toestellen,video en audiovisuele apparatuur,huishoudtoestellen,verwarmingsapparaten,airconditionings- en klimaatregelingapparatuur,alarm- en beveiligingssystemen,kantoormachines,computers en randapparatuur,ontvangst- en zendantennes,telefoon- en telecommunicatieapparatuur,meet- en controleapparatuur,verlichtingsartikelen,platen,compactdiscs,cassettes en toebehoren.
- Het verlenen van advies op het gebied van beveiliging aan het bedrijfsleven en aan de overheid.
- Handelsbemiddeling gespecialiseerd in overige goederen.
- Het adviseren,ontwikkelen,organiseren en realiseren van promotionele en publicitaire activiteiten,met inbegrip van het voeren van commerciële transacties dienaangaande.
- Het adviseren op het vlak van marketing en publiciteit.
- Personeelsselectie- en vorming.
- Het management,adviseren,consulteren,begeleiden,leiden,optreden als bestuurder van en in alle vennootschappen en ondernemingen.
- Het verlenen van diensten aan bedrijven en personen,waarin ondermeer begrepen,het verstrekken van adviezen,het optreden als tussenpersoon,agent,commissionair,enz.
- Het nemen van participaties onder eender welke vorm in alle bestaande of nog op te richten vennootschappen en ondernemingen.
- Het beheren van vennootschappen,ondernemingen en patrimonia,welke ook hun voorwerp wezen,met inbegrip van de uitoefening van de functies van bestuurder,gedelegeerd bestuurder en vereffenaar van vennootschappen.
- In verband met onroerende goederen:verwerven,kopen,verkopen,in vruchtgebruik,in naakte eigendom,ruilen,huren,verhuren,bouwen,onderhouden,beheren,in hypotheek geven en ontvangen.
- In verband met roerende goederen,lichamelijke en onlichamelijke:verwerven,kopen,verkopen,groot- en kleinhandel,import en export,ruilen,huren,verhuren,onderhouden,beheren,in pand geven en ontvangen.
- Het optreden als franchisenemer en franchisegever.
- Algemene bouwwerkzaamheden,omvattende het optrekken van de gebouwen(ruwbouw),de bekisting,het ijzervlechtwerk,chapewerken,dakbedekking in alle materialen,isolatiewerken tegen vochtigheid,thermische en geluidsisolatie,vloer-en muurbedekking,stukadoorswerken,arduin- en marmerwerken,timmer- en schrijnwerken,glaswerken,schilder- en behangwerken,installatie van centrale verwarming,installatie van ventilatiesystemen,lood- en zinkwerken,elektriciteitswerken,sanitaire installaties,voegwerken,beton- en klinkerwerken.
- Afbraak,en grondwerken,droogzuigen van gronden en terreinen
- Aanleg van nutsvoorzieningen(elektriciteit,aardgas,riolering,kabeltelevisie,water,enzovoort)
- Installatie van de bedrading voor telefooninstallaties,computersystemen en installatie van telecommunicatieapparatuur,telecomaansluitingen
- Installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Aan en verkoop van bouwmaterialen
- Verkoop,installatie en onderhoud van zonnepanelen,zonneboilers en allerlei zonnesystemen
- Handel in onroerende goederen
- Reiniging van gebouwen
- Uitbating van horecazaken in de meest ruime zin van het woord,en het voeren van alle mogelijke activiteiten in verband met de horecasector,zoals onder meer:drankgelegenheid,verbruikssalon,taverne,brasserie,café,tearoom,snackbar,frituur,restaurant,pitaen broodjesbar,pizzeria,kebabzaak
- Inrichten en organiseren van eetmalen en feesten,traiteurdiensten,catering
- Uitbaten van brood en banketbakkerij,patisserie
- Uitbaten van beenhouwerij,verkoop van vleeswaren
- Uitbaten van nachtwinkel,kruidenierszaak,superette,supermarkt
- Groot en kleinhandel in algemene voedingswaren
- Groot en kleinhandel in non-food artikelen
- Uitbaten van kapsalon
- Uitbaten van reclamebureau
- Uitbaten van juwelier
- Aan en verkoop,herstelling van motorvoertuigen,uitbaten van garage
- Aan en verkoop van auto-onderdelen
- Aan en verkoop+herstelling van computers,gsm,audio- en videoapparatuur
- Aan en verkoop van meubelen,keukens,huishoudartikelen,elektrische en elektronische apparaten,geschenkartikelen
- Aan en verkoop van textiel(dames,heren en kinderkleding),schoeisel,lederwaren
- Koerierdiensten,wegtransport in binnen en buitenland
- Personenvervoer te land
- Uitbaten van verhuisbedrijf
- Verhuur van machines
- Verhuur van voertuigen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VERTIX TECH
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Articles of association, deed of 20-12-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71306G0221/00H143 | Flanders | 2,332 m² | 1 · 433 m² | 8.9 m · 1 |