Virago Tech
ActiveVirago Tech has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €27k. Equity is shrinking by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 22% of 1898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-7
Solvency42▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 2.04 in 2024; short-term debt: 48.3% and cash: 64.7% of total assets), but 82.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.3%
Return on assets
23.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1898 sector peers (2025).
NBB · sector comparisonPosition among 1898 sector peers
Solvency
better than 22%
← 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 29-05-2026, 63 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
63 d early
2024
114 d early
2023
99 d early
2022
6 d early
2021
4 d late
2020
103 d early
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▼ 32.8%
2024 · €30k
2018: €89k
2019: €127k
2020: €40k
2021: €50k
2022: €30k
2023: €30k
2024: €30k
2018 → 2025
Total assets
€118k▼ 5.2%
2024 · €125k
2018: €109k
2019: €156k
2020: €225k
2021: €105k
2022: €174k
2023: €132k
2024: €125k
2018 → 2025
Net result
€27k▲ 9.8%
2024 · €25k
2018: €50k
2019: €39k
2020: €48k
2021: €43k
2022: €33k
2023: €38k
2024: €25k
2018 → 2025
Working capital
€39k▼ 15.4%
2024 · €46k
2018: €88k
2019: €127k
2020: €32k
2021: €46k
2022: €9k
2023: €27k
2024: €46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€50k-€30k▼ 39.6%€30k=€30k=€20k▼ 32.8%
Operating result€58k-€58k▲ 0.1%€53k▼ 8.4%€54k▲ 1.1%€69k▲ 29.0%
Net result€43k-€33k▼ 23.3%€38k▲ 14.0%€25k▼ 34.3%€27k▲ 9.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€22k▼ 35.0%
Current assets
€96k▲ 6.0%
Equity and liabilities €118k
Equity
€20k▼ 32.8%
Provisions
€33k▲ 3.2%
Debt
€65k▲ 4.0%
The debt ratio rises from 49.8% to 54.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €66k
Cash flow
€40k▲
2024 · €38k
Solvency
17.3%▼
2024 · 24.4%
Current ratio
1.68▼
2024 · 2.04
Quick ratio
1.68▼
2024 · 2.04
Debt / equity
3.16▲
2024 · 2.04
ROE
133.9%▲
2024 · 81.9%
ROA
23.2%▲
2024 · 20.0%
Interest coverage
2.43▼
2024 · 3.80
Debt
€65k▲
2024 · €62k
Debt ≤ 1 year
€57k▲
2024 · €44k
Debt > 1 year
€8k▼
2024 · €18k
Income taxes
€8k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€125k€118k▼
Fixed assets21/28€34k€22k▼
Tangible fixed assets22/27€34k€22k▼
Furniture and vehicles24€34k€22k▼
Current assets29/58€91k€96k▲
Amounts receivable within one year40/41€17k€19k▲
Trade receivables40€16k€17k▲
Other amounts receivable41€357€3k▲
Cash at bank and in hand54/58€66k€77k▲
Deferred charges and accrued income490/1€8k€123▼
Equity and liabilities
Total equity and liabilities10/49€125k€118k▼
Equity10/15€30k€20k▼
Contributions10/11€19k€19k=
Reserves13€12k€2k▼
Distributable reserves133€12k€2k▼
Provisions and deferred taxes16€32k€33k▲
Provisions for liabilities and charges160/5€32k€33k▲
Other liabilities and charges164/5€32k€33k▲
Amounts payable17/49€62k€65k▲
Amounts payable after more than one year17€18k€8k▼
Financial debts170/4€18k€8k▼
Amounts payable within one year42/48€44k€57k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€10€795▲
Suppliers440/4€10€795▲
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€13k€13k▲
Other amounts payable47/48€21k€33k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€16k€1k▼
Other operating charges640/8€421€409▼
Gross operating margin9900€83k€83k▲
Operating profit (loss)9901€54k€69k▲
Financial charges65/66B€17k€34k▲
Recurring financial charges65€17k€34k▲
Profit (loss) for the period before taxes9903€36k€35k▼
Income taxes67/77€11k€8k▼
Profit (loss) for the period9904€25k€27k▲
Profit (loss) for the period to be appropriated9905€25k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€27k▲
Transfer from equity791/2-€10k
Profit to be distributed694/7€25k€37k▲
Return on contributions (dividend)694€25k€37k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €25k ▼34.3%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Equity above €100kEq €127k ▲42.9%
2 profitable years in a row build equity to €127k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wérystraat 141050 ElseneGround area
102 m²
Building footprint
65 m²
Volume, LiDAR
691 m³
Parcel 21443A0103/00R002, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Virago Tech
since 20172.263.982.077
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443A0103/00R002 | Brussels | 102 m² | 1 · 65 m² | 15.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500909B2DECFB1C92
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Of 2,726 companies in sector 63100 we hold annual accounts for 1,272. 754 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-2017
Fiscal year end31-12
Activities, NACEBEL
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.