Equity
€5.2m ▲ 21.4%
Vintia has made a profit in every financial year since 2007.
Vintia
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €19.3m (2024)
€18.1m▼ 6.2%
peak €2.6m (2024)
€961,053▼ 62.5%
peak €5.2m (2025)
€5.2m▲ 21.4%
€2.7m▼ 50.0%
peak 102.6 FTE (2025)
102.6 FTE▲ 3.5%
Board14 names since 2017all names
3 directorsGonzalo Marco and 2 others
Owners4 names in the annual accounts
99.93%SAG INTERNATIONAL and 2 others
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Result from €2.6m to €961,0533 directors appointed, 1 resignation 25-11Permanent representatives: Mathias Berten, Tim Vanheuverzwijn… 06-06Equity from €4.3m to €5.2mDebts from €5.4m to €2.7mCash from €751,311 to €1.6m
Key points
from the 2025 annual accountsResult
€961,053 ▼ 62.5%
The result fell in 2025 from €2.6m to €961,053.
Liquidity
3.79 was 1.82 in 2024
Short-term debts fell from €4.0m to €1.4m.
Filings
35 annual accounts since 1991
The last five annual accounts were filed 23 to 61 days before the end of the period.
At the same address
22 companies
Restructuring
2026
Merger with SAG INTERNATIONAL. Merger on 28-05-2026.
Checked score
97
Excellent
Financially stronger than 79% of medium-sized companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 241 companies (NACE 43, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value
10-2026: < 0.1%▼ -0.3 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.79, cash €1.6m
Founded in 1990
Equity €5.2m (65.0% of total assets)
Size: turnover €18.1m, 102.6 FTE, total assets €8.0m
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 43, medium-sized). It does better than 88% of them on solvency, 95% on liquidity, 80% on profitability and 52% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 1,579 companies had the same profile as Vintia has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of Vintia itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 1,579 companies, not a prediction for Vintia. 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 €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.79 (1.82 in 2024), above the usual 1.5. Short-term debt is 17% and cash 20.3% of total assets. 35% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
41 days early
2023
43 days early
2022
61 days early
2021
23 days early
2020
50 days early
2019
43 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 43 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 June (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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- SAG INTERNATIONAL 99.93%equity €10.3m (2025) · annual accounts 2025
- Gantner Electronic Austria Holding GmbH consolidatesannual accounts 2025
- Gantner Electronic GmbH 0.07%annual accounts 2025
Recent changes
Merger: VINTIA takes over SAG INTERNATIONAL
Capital from €179,654.26 to €7,568,959.24 · Capital from €68,959.24 to €179,654.26, 2,151 new shares · Contribution: SAG INTERNATIONAL (€7,500,000) · Gazette deed
Merger proposal: VINTIA takes over SAG INTERNATIONAL
Permanent representative: Valerie Morel · Gantner Electronic Austria Holding GmbH holds 2,150 shares · Gantner Electronic GmbH holds 1 share · Gazette deed
3 directors appointed, 1 resignation
Resignation: DELOR · Permanent representatives: Edwin Hemkes and Valerie Morel · Appointments: WEBSHAPES (managing director), Gonzalo Marco and Marc Gómez · General meeting of 23-10-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Vintia Ypres | €18.1m | 5.7% | 65.0% | 102.6 |
| Etablissements Vanlofveld Ans | €16.8m | 4.1% | 22.4% | 113.4 |
| ENTREPRISES M.I.G.N.O.N.E. Manage | €30.7m | 1.2% | 28.1% | 93.9 |
| HEINEN S.A. Eupen | €16.9m | 1.0% | 42.0% | 87.1 |
| VD CABLING Herstal | €10.6m | 3.2% | 34.4% | 124.9 |
| Relaitron Anderlecht | €17.0m | 1.1% | 22.2% | 100.5 |
| General Integrations and Electrical Contracting Lokeren | €20.7m | 8.3% | 24.9% | 80.1 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Vintia: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €5.9m and €10m, founded between 1970 and 2003.
Official details
Source: KBO- Status
- Active since 10-05-1990Normal situation
- Registered office
- 23 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General electrical installation workNACE 43211and 4 others
- Joint committees
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.048.776.8878900 Ypres, since 04-07-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2024
Annual accounts 2025
- €8.0m▼ 17.4%
- Employeeson 31-12-2025
- 106▲ 2.9%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on Vintia
Vintia has existed since 1990. Turnover grew from €6.5m in 2011 to €18.1m in 2025 and staff from 29.7 to 102.6 full-time equivalents.
Solvency rose in 2025 from 44.3% to 65.0% because of the retained profit and lower debts.
SAG INTERNATIONAL holds all the shares. In November 2025, the Official Gazette published the appointment of WEBSHAPES as managing director.
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 Vintia
- What is the company number of Vintia?
- The company number of Vintia is 0440.714.748. The VAT number is the same number with BE in front: BE 0440.714.748.
- Where is Vintia based?
- The registered office is at Ter Waarde 50, 8900 Ypres.Company details
- What does Vintia do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Vintia?
- Vintia is a public limited company (NV).
- When was Vintia founded?
- Vintia was founded on 10-05-1990.
- Is Vintia still active?
- Yes, Vintia is an active enterprise in the KBO register.
- How many employees does Vintia have?
- Vintia had an average of 102.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Vintia fall under?
- In its 2025 annual accounts, Vintia states joint committees 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Vintia?
- The turnover of Vintia was €18.1m in financial year 2025, according to the filed annual accounts.
- Is Vintia profitable?
- In financial year 2025, Vintia made a profit of €961,053.
- Where can I find the annual accounts of Vintia?
- Vintia filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Vintia due?
- Vintia must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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