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. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 12% of 9,754 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.
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-09-2019 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.293.296.170 9310 Aalst, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €173,453
- ▼ 24.3%
- Equity
- €9,008
- ▼ 96.1%
- Total assets
- €171,125
- ▼ 33.0%
Signalsraises riskWeak solvency compared with the sectorneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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
Two signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9754 sector peers (2025).
NBB · sector comparisonPosition among 9754 sector peers
Solvency
better than 12%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 days early
2024
38 days early
2023
26 days early
2022
35 days early
2021
29 days late
2020
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 18 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 6 filings
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%
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€227,847
▼ 24.7%
2025
20202025
Net result
€173,453
▼ 24.3%
2025
highest quarter of the sector
20202025
Equity
€9,008
▼ 96.1%
2025
lowest quarter of the sector
20202025
Total assets
€171,125
▼ 33.0%
2025
middle half of the sector
20202025
Debt
€162,116
▲ 556%
2025
20202025
Working capital
-€22,656
2025
middle half of the sector
20202025
Solvency
5.3%
▼ 85.1pp
2025
lowest quarter of the sector
20202025
Current ratio
0.86
▼ 12.64
2025
middle half of the sector
20202025
Return on assets (ROA)
101.4%
▲ 11.6pp
2025
highest quarter of the sector
20202025
Every figure per financial year
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 sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 25% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
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.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,716 | €12,184 | €47,164 | €8,097 | €1,600 |
| Depreciation and write-downs of the year | €1,896 | €3,837 | €9,072 | €12,540 | €12,273 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
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 | ▲ 19× |
| 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% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Directors
1 director
Haegeman Thiery
Current
Director · listed in the 2025 annual accounts, filed on 30-06-2026
Owners and capital
Owners
Network & group
VILITH shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of VILITH. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-06
micro format · 31 days before the deadline
2025
23-06
micro format · 38 days before the deadline
2024
31-12
Financial
Highest result from 2020 to 2025net €229,129 ▲1%
The operating result of €302,697 and the net result of €229,129 are both a record.
05-07
micro format · 26 days before the deadline
2023
26-06
micro format · 35 days before the deadline
2022
29-08
micro format · 29 days late
2021
31-12
Financial
Liquidity more than doubledcurrent ratio 13.91
The current ratio rises from 6.41 to 13.91.
31-12
Financial
Equity above €200,000equity €252,582 ▲152%
With a profit in every financial year since 2020, equity grows to €252,582.
23-07
micro format · 8 days before the deadline
2019
04-09
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VILITH in Dutch
Enterprise number
0733.602.387
Legal form
Private limited company
Status
Active, normale toestand
Founded
02-09-2019
Entity type
Legal entity
Registered office and establishments
Registered office
Kapittelstraat 55, 9310 Aalst, Belgium
Establishment unit
VILITH, Kapittelstraat 55, 9310 Aalst since 01-10-2019 · unit number 2.293.296.170
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
Invoicing and payment
VAT number
BE 0733.602.387
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
2,350 m²
Building footprint
224 m²
Building volume
933 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41042C0682/00C000 | Flanders | 2,350 m² | 1 · 224 m² | 6.7 m · 1 |