Summary
VILITH is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9,008 and a net result of €173,453. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 9,723 sector peers (NACE 64, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€9,008▼ 96.1%
2024 · €230,555
Net result
€173,453▼ 24.3%
2024 · €229,129
Total assets
€171,125▼ 33.0%
2024 · €255,268
Solvency
5.3%▼ 85.1pp
2024 · 90.3%
Trend over the years
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result falls in 2025; 2025 is 25% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€227,847
2025
Net result€173,453
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€171,125
2025
Equity€9,008
2025
Debt€162,116
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€22,656
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)101.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency5.3%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.86
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result€127,617-€201,964▲ 58.3%€211,048▲ 4.5%€298,845▲ 41.6%€302,697▲ 1.3%€227,847▼ 24.7%
Net result€99,045above the sector's middle half-€152,537above the sector's middle half▲ 54.0%€162,056above the sector's middle half▲ 6.2%€226,788above the sector's middle half▲ 39.9%€229,129above the sector's middle half▲ 1.0%€173,453above the sector's middle half▼ 24.3%
Equity€100,045within the sector's middle half-€252,582within the sector's middle half▲ 152%€414,638above the sector's middle half▲ 64.2%€291,426within the sector's middle half▼ 29.7%€230,555within the sector's middle half▼ 20.9%€9,008below the sector's middle half▼ 96.1%
Total assets€117,865below the sector's middle half-€271,733within the sector's middle half▲ 131%€432,161within the sector's middle half▲ 59.0%€321,345within the sector's middle half▼ 25.6%€255,268within the sector's middle half▼ 20.6%€171,125within the sector's middle half▼ 33.0%
Debt€17,820-€19,151▲ 7.5%€17,523▼ 8.5%€29,919▲ 70.7%€24,713▼ 17.4%€162,116▲ 556%
Working capital€96,490within the sector's middle half-€247,208above the sector's middle half▲ 156%€400,917above the sector's middle half▲ 62.2%€255,185above the sector's middle half▼ 36.3%€192,493above the sector's middle half▼ 24.6%-€22,656within the sector's middle half
Solvency84.9%above the sector's middle half-93.0%above the sector's middle half▲ 8.1pp95.9%above the sector's middle half▲ 3.0pp90.7%above the sector's middle half▼ 5.3pp90.3%above the sector's middle half▼ 0.4pp5.3%below the sector's middle half▼ 85.1pp
Current ratio6.41above the sector's middle half-13.91above the sector's middle half▲ 7.4923.88above the sector's middle half▲ 9.9718.79above the sector's middle half▼ 5.0913.50above the sector's middle half▼ 5.290.86within the sector's middle half▼ 12.64
Return on assets (ROA)84.0%above the sector's middle half-56.1%above the sector's middle half▼ 27.9pp37.5%above the sector's middle half▼ 18.6pp70.6%above the sector's middle half▲ 33.1pp89.8%above the sector's middle half▲ 19.2pp101.4%above the sector's middle half▲ 11.6pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,125
Fixed assets
€34,456 ▼ 27.3%
Current assets
€136,669 ▼ 34.3%
Equity and liabilities €171,125
Equity
€9,008 ▼ 96.1%
Debt
€162,116 ▲ 556%
Debt's share of the balance-sheet total rises from 9.7% to 94.7%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€159,325▲
2024 · €15,405
Debt > 1 year
€2,792▼
2024 · €9,308
Income taxes
€55,894▼
2024 · €74,833
A ratio outside any meaningful range has been withheld (balance sheet total €171,125, equity €9,008).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €27,447 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,220 | €1,896 | €3,837 | €9,072 | €12,540 | €12,273 | ▼ 2.1% |
| Other operating charges640/8 | - | €235 | €531 | €1,148 | €868 | €786 | ▼ 9.5% |
| Non-recurring operating charges66A | - | - | - | - | - | €6,041 | - |
| Gross operating margin9900 | €128,837 | €204,096 | €215,417 | €309,065 | €316,105 | €246,946 | ▼ 21.9% |
| Operating profit (loss)9901 | €127,617 | €201,964 | €211,048 | €298,845 | €302,697 | €227,847 | ▼ 24.7% |
| Financial income75/76B | - | €122 | €468 | €1,861 | €2,572 | €2,523 | ▼ 1.9% |
| Recurring financial income75 | €14 | €122 | €468 | €1,861 | €2,572 | €2,523 | ▼ 1.9% |
| Financial charges65/66B | - | €223 | €271 | €1,347 | €1,307 | €1,022 | ▼ 21.8% |
| Recurring financial charges65 | €146 | €223 | €271 | €1,347 | €1,307 | €1,022 | ▼ 21.8% |
| Profit (loss) for the period before taxes9903 | €127,485 | €201,863 | €211,246 | €299,358 | €303,963 | €229,348 | ▼ 24.5% |
| Income taxes67/77 | €28,440 | €49,326 | €49,190 | €72,570 | €74,833 | €55,894 | ▼ 25.3% |
| Profit (loss) for the period9904 | €99,045 | €152,537 | €162,056 | €226,788 | €229,129 | €173,453 | ▼ 24.3% |
| Profit (loss) for the period to be appropriated9905 | €99,045 | €152,537 | €162,056 | €226,788 | €229,129 | €173,453 | ▼ 24.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €117,865 | €271,733 | €432,161 | €321,345 | €255,268 | €171,125 | ▼ 33.0% |
| Fixed assets21/28 | €3,555 | €5,374 | €13,721 | €51,813 | €47,369 | €34,456 | ▼ 27.3% |
| Tangible fixed assets22/27 | €3,555 | €5,374 | €13,721 | €51,813 | €47,369 | €34,456 | ▼ 27.3% |
| Plant, machinery and equipment23 | - | €569 | €438 | €307 | €176 | €45 | ▼ 74.5% |
| Furniture and vehicles24 | - | €4,805 | €13,283 | €38,991 | €33,344 | €21,009 | ▼ 37.0% |
| Other tangible fixed assets26 | - | - | - | €12,515 | €13,849 | €13,401 | ▼ 3.2% |
| Current assets29/58 | €114,310 | €266,360 | €418,440 | €269,533 | €207,899 | €136,669 | ▼ 34.3% |
| Amounts receivable within one year40/41 | €20,000 | €24,000 | €63,000 | €65,030 | €37,167 | €21,862 | ▼ 41.2% |
| Trade receivables40 | - | €24,000 | €63,000 | €57,600 | €30,000 | €5,000 | ▼ 83.3% |
| Other amounts receivable41 | - | - | - | €7,430 | €7,167 | €16,862 | ▲ 135% |
| Cash at bank and in hand54/58 | €94,310 | €242,360 | €355,440 | €204,503 | €170,732 | €114,807 | ▼ 32.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €117,865 | €271,733 | €432,161 | €321,345 | €255,268 | €171,125 | ▼ 33.0% |
| Equity10/15 | €100,045 | €252,582 | €414,638 | €291,426 | €230,555 | €9,008 | ▼ 96.1% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €99,045 | €251,582 | €413,638 | €290,426 | €229,555 | €8,008 | ▼ 96.5% |
| Non-distributable reserves130/1 | - | €100 | €100 | - | - | - | - |
| Reserves not available under the articles1311 | - | €100 | €100 | - | - | - | - |
| Distributable reserves133 | - | €251,482 | €413,538 | €290,426 | €229,555 | €8,008 | ▼ 96.5% |
| Amounts payable17/49 | €17,820 | €19,151 | €17,523 | €29,919 | €24,713 | €162,116 | ▲ 556% |
| Amounts payable after more than one year17 | - | - | - | €15,572 | €9,308 | €2,792 | ▼ 70.0% |
| Financial debts170/4 | - | - | - | €15,572 | €9,308 | €2,792 | ▼ 70.0% |
| Amounts payable within one year42/48 | €17,820 | €19,151 | €17,523 | €14,347 | €15,405 | €159,325 | ▲ 934% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,023 | €6,264 | €6,516 | ▲ 4.0% |
| Trade debts44 | €2,200 | €3,807 | €2,357 | €747 | €1,074 | €1,838 | ▲ 71.0% |
| Suppliers440/4 | - | €3,807 | €2,357 | €747 | €1,074 | €1,838 | ▲ 71.0% |
| Taxes, remuneration and social security45 | - | €5,380 | €1,190 | €405 | - | - | - |
| Taxes450/3 | - | €5,380 | €1,190 | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | €405 | - | - | - |
| Other amounts payable47/48 | - | €9,965 | €13,976 | €7,173 | €8,066 | €150,971 | ▲ 1,772% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €99,045 | €152,537 | €162,056 | €226,788 | €229,129 | €173,453 | ▼ 24.3% |
| + Depreciation and write-downs630 | €1,220 | €1,896 | €3,837 | €9,072 | €12,540 | €12,273 | ▼ 2.1% |
| Operating cash flow (approximation) | €100,265 | €154,434 | €165,893 | €235,860 | €241,669 | €185,726 | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | -€3,716 | -€12,184 | -€47,164 | -€8,097 | €641 | - |
| Change in cash | - | €148,049 | €113,081 | -€150,937 | -€33,771 | -€55,925 | ▼ 65.6% |
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 (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00226647 |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00166781 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00223233 |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00163780 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20358383 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39500231 |
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Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,974. 4,898 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.