VINTIV
ActiveSummary
VINTIV has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.3m and a net result of €1.7m. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 165 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▲+16
Solvency35▼-3
Growth78▲+7
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80,000 at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.79 in 2023; short-term debt: 76.7% and cash: 7.3% of total assets), and 90.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.9%
Return on assets
13.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 165 sector peers (2024).
NBB · sector comparisonPosition among 165 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
20 d early
2022
26 d early
2021
33 d early
2020
26 d late
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#4 company by total assets in Limburg, Computer and electronic products sector#4 oldest company in Limburg, Computer and electronic products sector#8 company by equity in Limburg, Computer and electronic products sector
Turnover
€13.1m▲ 28.2%
2023 · €10.2m
EBIT margin
14.1%▲ 7.7pp
2023 · 6.4%
Net result
€1.7m▲ 210%
2023 · €559,831
Working capital
-€2.5m▼ 73.6%
2023 · -€1.4m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€8.9m€9.6m▲ 7.2%€10.2m▲ 6.8%€13.1m▲ 28.2%
Operating result€636,239▼ 44.2%€439,762▼ 30.9%€604,781▲ 37.5%€652,600▲ 7.9%€1.8m▲ 183%
Net result€536,989▼ 52.5%€361,035▼ 32.8%€557,709▲ 54.5%€559,831▲ 0.4%€1.7m▲ 210%
EBIT margin4.9%6.3%▲ 1.4pp6.4%▲ 0.1pp14.1%▲ 7.7pp
Equity€1.2m▲ 21.7%€1.2m▲ 5.3%€1.3m▲ 3.9%€1.3m▲ 1.6%€1.3m▲ 1.0%
Total assets€7.4m▲ 17.2%€6.7m▼ 9.5%€7.7m▲ 15.5%€10.0m▲ 29.9%€13.1m▲ 31.5%
Debt€6.2m▲ 16.4%€5.4m▼ 12.3%€6.4m▲ 18.1%€8.7m▲ 35.5%€11.8m▲ 35.8%
Working capital-€311,964▲ 86.9%-€784,250▼ 151%-€2.0m▼ 150%-€1.4m▲ 27.3%-€2.5m▼ 73.6%
Staff (FTE)42=32.8▼ 21.9%39.7▲ 21.0%39.4▼ 0.8%39.8▲ 1.0%
Why a figure moved sharply
- 2024 Net result +210% on 2023. Cause not known from the registers.
- 2022 Net result +54% on 2021. Cause not known from the registers.
- 2020 Net result -53% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 183% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.1m
Fixed assets
€5.5m ▲ 16.3%
Current assets
€7.6m ▲ 45.3%
Equity and liabilities €13.1m
Equity
€1.3m ▲ 1.0%
Provisions
€20,128
Debt
€11.8m ▲ 35.8%
Debt's share of the balance-sheet total rises from 87.1% to 89.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2.5m▲
2023 · €1.1m
Cash flow
€2.3m▲
2023 · €1.0m
Current ratio
0.75▼
2023 · 0.79
Quick ratio
0.36▼
2023 · 0.53
Debt to equity
9.05▲
2023 · 6.73
ROE
133.3%▲
2023 · 43.4%
ROA
13.2%▲
2023 · 5.6%
Interest coverage
25.42▲
2023 · 11.76
Debt ≤ 1 year
€10.1m▲
2023 · €6.6m
Debt > 1 year
€1.7m▼
2023 · €2.0m
Income taxes
€33,261▲
2023 · €31,533
Staff costs
€3.0m▲
2023 · €2.7m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 496 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.2%
went bankrupt
3.2%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 496 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €8.1m | €10.2m | €10.0m | €11.1m | ▲ 11.3% |
| Turnover70 | - | €8.9m | €9.6m | €10.2m | €13.1m | ▲ 28.2% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | -€933,850 | €438,217 | -€436,389 | -€2.1m | ▼ 390% |
| Other operating income74 | - | €138,089 | €157,238 | €208,341 | €137,673 | ▼ 33.9% |
| Non-recurring operating income76A | - | - | €240 | - | €23,500 | - |
| Operating charges60/66A | - | €7.7m | €9.6m | €9.3m | €9.3m | ▼ 0.7% |
| Goods for resale, raw materials and consumables60 | - | €3.4m | €4.3m | €4.4m | €3.3m | ▼ 24.8% |
| Purchases600/8 | - | €3.4m | €4.3m | €4.4m | €3.3m | ▼ 25.1% |
| Change in stocks: decrease (increase)609 | - | €7,961 | -€4,267 | -€11,708 | €4,773 | ▲ 141% |
| Services and other goods61 | - | €1.8m | €2.1m | €2.1m | €2.4m | ▲ 11.6% |
| Remuneration, social security and pensions62 | - | €1.9m | €2.3m | €2.7m | €3.0m | ▲ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €462,298 | €393,198 | €421,681 | €475,689 | €603,760 | ▲ 26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €330,732 | -€330,732 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €20,128 | - |
| Other operating charges640/8 | - | €25,452 | €31,816 | €38,131 | €38,070 | ▼ 0.2% |
| Non-recurring operating charges66A | - | €122,919 | - | - | €1,234 | - |
| Gross operating margin9900 | €3.4m | - | - | - | - | - |
| Operating profit (loss)9901 | €636,239 | €439,762 | €604,781 | €652,600 | €1.8m | ▲ 183% |
| Financial income75/76B | - | €31,131 | €43,789 | €34,714 | €20,542 | ▼ 40.8% |
| Recurring financial income75 | €43,569 | €31,131 | €43,789 | €34,714 | €20,542 | ▼ 40.8% |
| Other financial income752/9 | - | €31,131 | €43,789 | €34,714 | €20,542 | ▼ 40.8% |
| Financial charges65/66B | - | €66,737 | €50,543 | €95,950 | €96,387 | ▲ 0.5% |
| Recurring financial charges65 | €71,645 | €66,737 | €50,543 | €95,950 | €96,387 | ▲ 0.5% |
| Debt charges650 | - | €66,641 | €50,543 | €95,950 | €96,387 | ▲ 0.5% |
| Other financial charges652/9 | - | €96 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €608,163 | €404,156 | €598,027 | €591,364 | €1.8m | ▲ 199% |
| Income taxes67/77 | €71,174 | €43,121 | €40,318 | €31,533 | €33,261 | ▲ 5.5% |
| Taxes670/3 | - | €43,121 | €40,318 | €31,533 | €33,261 | ▲ 5.5% |
| Profit (loss) for the period9904 | €536,989 | €361,035 | €557,709 | €559,831 | €1.7m | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €536,989 | €361,035 | €557,709 | €559,831 | €1.7m | ▲ 210% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.4m | €6.7m | €7.7m | €10.0m | €13.1m | ▲ 31.5% |
| Fixed assets21/28 | €4.0m | €3.6m | €4.7m | €4.8m | €5.5m | ▲ 16.3% |
| Intangible fixed assets21 | €22,803 | €13,747 | €14,139 | €10,012 | €5,886 | ▼ 41.2% |
| Tangible fixed assets22/27 | €4.0m | €3.6m | €4.7m | €4.7m | €5.5m | ▲ 16.4% |
| Land and buildings22 | - | €3.1m | €3.9m | €3.8m | €4.5m | ▲ 19.7% |
| Plant, machinery and equipment23 | - | €361,001 | €500,032 | €667,864 | €585,803 | ▼ 12.3% |
| Furniture and vehicles24 | - | €159,211 | €275,190 | €309,525 | €430,050 | ▲ 38.9% |
| Other tangible fixed assets26 | - | €1,235 | €879 | €661 | €443 | ▼ 33.0% |
| Financial fixed assets28 | - | €6,440 | €5,100 | €5,100 | €7,200 | ▲ 41.2% |
| Other financial fixed assets284/8 | - | €6,440 | €5,100 | €5,100 | €7,200 | ▲ 41.2% |
| Amounts receivable and cash guarantees285/8 | - | €6,440 | €5,100 | €5,100 | €7,200 | ▲ 41.2% |
| Current assets29/58 | €3.3m | €3.0m | €3.0m | €5.2m | €7.6m | ▲ 45.3% |
| Stocks and contracts in progress3 | €45,132 | €37,171 | €1.2m | €1.7m | €4.0m | ▲ 139% |
| Stocks30/36 | - | €37,171 | €41,438 | €53,146 | €48,373 | ▼ 9.0% |
| Raw materials and consumables30/31 | - | €37,171 | €41,438 | €53,146 | €48,373 | ▼ 9.0% |
| Contracts in progress37 | - | - | €1.1m | €1.6m | €3.9m | ▲ 144% |
| Amounts receivable within one year40/41 | €2.0m | €1.4m | €1.7m | €3.5m | €2.6m | ▼ 26.7% |
| Trade receivables40 | - | €1.3m | €1.6m | €3.4m | €2.5m | ▼ 25.6% |
| Other amounts receivable41 | - | €129,883 | €94,044 | €78,974 | €21,459 | ▼ 72.8% |
| Cash at bank and in hand54/58 | €1.3m | €1.6m | €60,355 | €8,144 | €955,542 | ▲ 11,633% |
| Deferred charges and accrued income490/1 | - | €26,116 | €62,743 | €41,343 | €74,929 | ▲ 81.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.4m | €6.7m | €7.7m | €10.0m | €13.1m | ▲ 31.5% |
| Equity10/15 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 1.0% |
| Contributions10/11 | €553,858 | €553,858 | €553,858 | €553,858 | €553,858 | = |
| Capital10 | - | €553,858 | €553,858 | €553,858 | €553,858 | = |
| Issued capital100 | - | €581,558 | €581,558 | €581,558 | €581,558 | = |
| Uncalled capital101 | - | €27,700 | €27,700 | €27,700 | €27,700 | = |
| Reserves13 | €608,078 | €669,113 | €716,821 | €736,652 | €749,350 | ▲ 1.7% |
| Non-distributable reserves130/1 | - | €53,531 | €58,156 | €58,156 | €58,156 | = |
| Legal reserve130 | - | €53,531 | €58,156 | €58,156 | €58,156 | = |
| Distributable reserves133 | - | €615,582 | €658,666 | €678,496 | €691,194 | ▲ 1.9% |
| Provisions and deferred taxes16 | - | - | - | - | €20,128 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €20,128 | - |
| Taxes161 | - | - | - | - | €20,128 | - |
| Amounts payable17/49 | €6.2m | €5.4m | €6.4m | €8.7m | €11.8m | ▲ 35.8% |
| Amounts payable after more than one year17 | €2.6m | €1.6m | €1.5m | €2.0m | €1.7m | ▼ 15.8% |
| Financial debts170/4 | - | €1.6m | €1.5m | €2.0m | €1.7m | ▼ 15.8% |
| Subordinated loans170 | - | - | - | €75,000 | €75,000 | = |
| Credit institutions173 | - | €1.6m | €1.5m | €1.4m | €1.2m | ▼ 9.8% |
| Other loans174 | - | - | - | €593,750 | €406,250 | ▼ 31.6% |
| Amounts payable within one year42/48 | €3.6m | €3.8m | €4.9m | €6.6m | €10.1m | ▲ 51.4% |
| Current portion of amounts payable after more than one year42 | - | €220,512 | €1.1m | €1.3m | €320,833 | ▼ 74.9% |
| Trade debts44 | €1.1m | €571,877 | €488,269 | €1.2m | €443,530 | ▼ 63.3% |
| Suppliers440/4 | - | €571,877 | €488,269 | €1.2m | €443,530 | ▼ 63.3% |
| Advances received on contracts in progress46 | - | €2.4m | €1.9m | €2.5m | €6.9m | ▲ 180% |
| Taxes, remuneration and social security45 | - | €283,208 | €538,141 | €537,646 | €627,512 | ▲ 16.7% |
| Taxes450/3 | - | €17,926 | €127,271 | €67,443 | €130,659 | ▲ 93.7% |
| Remuneration and social security454/9 | - | €265,282 | €410,870 | €470,203 | €496,853 | ▲ 5.7% |
| Other amounts payable47/48 | - | €300,000 | €910,000 | €1.1m | €1.7m | ▲ 51.3% |
| Accrued charges and deferred income492/3 | - | - | €1,282 | €20,127 | €36,328 | ▲ 80.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €536,989 | €361,035 | €557,709 | €559,831 | €1.7m | ▲ 210% |
| + Depreciation and write-downs630 | €462,298 | €393,198 | €421,681 | €475,689 | €603,760 | ▲ 26.9% |
| Operating cash flow (approximation) | €999,287 | €754,233 | €979,390 | €1.0m | €2.3m | ▲ 126% |
| Investment in fixed assets (approximation) | - | €13,669 | -€1.5m | -€514,859 | -€1.4m | ▼ 168% |
| Change in cash | - | €281,642 | -€1.5m | -€52,211 | €947,398 | ▲ 1,915% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.7m ▲210%
Operating result €1.8m, net result €1.7m, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €361,035 ▼32.8%
Net result drops to €361,035, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Equity above €1mEq €1.2m ▲21.7%
3 profitable years in a row build equity to €1.2m.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
19 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 1987
Ground area
12.4 ha
Building footprint
5.3 ha
Volume, LiDAR
64,721 m³
Parcel 71049A1078/00B002, Flanders · tallest building 29.4 m. Linked by address, not a title deed.
1 establishment unit
I.M.A. NV
since 19872.102.605.850
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049A1078/00B002 | Flanders | 12.4 ha | 1 · 5.3 ha | 29.4 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- INDUSTRIAL TECHNOLOGY GROUP
- VINTIV
Highest known parent: INDUSTRIAL TECHNOLOGY GROUP. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 921,292 EUR awarded · 384,359 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 7,310 EUR | 364,074 EUR |
| 2024 | 3 | 904,942 EUR | 10,674 EUR |
| 2023 | 2 | 7,419 EUR | 8,220 EUR |
| 2022 | 1 | 1,621 EUR | 1,391 EUR |
European research
2 projects · 529,630 EUR EU contributionProgrammes
Projects
RObot enhanced SenSing, INtelligence and actuation to Improve job quality in manufacturing
Industrial innovations based on EU intellectual property assets in the field of atmospheric plasma technology
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Of 213 companies in sector 26510 we hold annual accounts for 166. 110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
26510Manufacture of computer, electronic and optical products
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432587633
Also
9925:BE0432587633
Registered
29-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.