VIRTUALIZATION ICT SERVICES
ActiveSummary
VIRTUALIZATION ICT SERVICES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency84▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 3.23 in 2024; short-term debt: 40.8% and cash: 7.9% of total assets), and 40.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
59.2%
Return on assets
27.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
6 d late
2023
229 d late
2022
234 d late
2021
157 d late
2020
30 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▼ 31.5%
2024 · €112k
2018: €-11klowest in 8 years
2019: €44k▲ +520% vs 2018
2020: €62k▲ +39.7% vs 2019
2021: €54k▼ -12.6% vs 2020
2022: €40k▼ -26.6% vs 2021
2023: €68k▲ +71.7% vs 2022
2024: €112k▲ +64.2% vs 2023highest in 8 years
2025: €77k▼ -31.5% vs 2024
2018 → 2025
Total assets
€129k▼ 16.7%
2024 · €155k
2018: €44klowest in 8 years
2019: €98k▲ +123% vs 2018
2020: €90k▼ -8.0% vs 2019
2021: €86k▼ -5.2% vs 2020
2022: €87k▲ +1.8% vs 2021
2023: €104k▲ +19.2% vs 2022
2024: €155k▲ +49.9% vs 2023highest in 8 years
2025: €129k▼ -16.7% vs 2024
2018 → 2025
Net result
€35k▼ 19.1%
2024 · €44k
2018: €31k
2019: €55k▲ +76.4% vs 2018highest in 8 years
2020: €18k▼ -68.0% vs 2019
2021: €-8k▼ -144% vs 2020
2022: €-14k▼ -84.7% vs 2021lowest in 8 years
2023: €28k▲ +298% vs 2022
2024: €44k▲ +53.8% vs 2023
2025: €35k▼ -19.1% vs 2024
2018 → 2025
Working capital
€59k▼ 38.9%
2024 · €97k
2018: €9klowest in 8 years
2019: €51k▲ +489% vs 2018
2020: €59k▲ +14.9% vs 2019
2021: €52k▼ -12.5% vs 2020
2022: €37k▼ -28.9% vs 2021
2023: €52k▲ +40.3% vs 2022
2024: €97k▲ +88.1% vs 2023highest in 8 years
2025: €59k▼ -38.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€40k▼ 26.6%€68k▲ 71.7%€112k▲ 64.2%€77k▼ 31.5%
2021: €54k
2022: €40k▼ -26.6% vs 2021lowest in 5 years
2023: €68k▲ +71.7% vs 2022
2024: €112k▲ +64.2% vs 2023highest in 5 years
2025: €77k▼ -31.5% vs 2024
Operating result€-5k-€-10k▼ 94.6%€38k€61k▲ 59.5%€56k▼ 8.3%
2021: €-5k
2022: €-10k▼ -94.6% vs 2021lowest in 5 years
2023: €38k▲ +487% vs 2022
2024: €61k▲ +59.5% vs 2023highest in 5 years
2025: €56k▼ -8.3% vs 2024
Net result€-8k-€-14k▼ 84.7%€28k€44k▲ 53.8%€35k▼ 19.1%
2021: €-8k
2022: €-14k▼ -84.7% vs 2021lowest in 5 years
2023: €28k▲ +298% vs 2022
2024: €44k▲ +53.8% vs 2023highest in 5 years
2025: €35k▼ -19.1% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€17k ▲ 16.0%
Current assets
€112k ▼ 20.2%
Equity and liabilities €129k
Equity
€77k ▼ 31.5%
Debt
€53k ▲ 21.4%
Debt's share of the balance-sheet total rises from 28.0% to 40.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€62k▼
2024 · €65k
Cash flow
€41k▼
2024 · €48k
Current ratio
2.12▼
2024 · 3.23
Debt to equity
0.69▲
2024 · 0.39
ROE
46.2%▲
2024 · 39.1%
ROA
27.3%▼
2024 · 28.2%
Interest coverage
8.93▼
2024 · 9.70
Debt ≤ 1 year
€53k▲
2024 · €43k
Income taxes
€17k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€155k€129k▼
Fixed assets21/28€15k€17k▲
Tangible fixed assets22/27€15k€17k▲
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€4k€8k▲
Current assets29/58€141k€112k▼
Amounts receivable within one year40/41€99k€61k▼
Trade receivables40€39k€53k▲
Other amounts receivable41€60k€8k▼
Current investments50/53€29k€40k▲
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€2k€839▼
Equity and liabilities
Total equity and liabilities10/49€155k€129k▼
Equity10/15€112k€77k▼
Contributions10/11€6k€19k▲
Reserves13€56k€23k▼
Distributable reserves133€56k€23k▼
Profit (loss) carried forward14€50k€35k▼
Amounts payable17/49€43k€53k▲
Amounts payable within one year42/48€43k€53k▲
Financial debts43€8k€15k▲
Credit institutions430/8€8k€15k▲
Trade debts44€29k€29k▼
Suppliers440/4€29k€29k▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€67k€63k▼
Operating profit (loss)9901€61k€56k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€56k€53k▼
Income taxes67/77€13k€17k▲
Profit (loss) for the period9904€44k€35k▼
Profit (loss) for the period to be appropriated9905€44k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€85k▲
Profit (loss) brought forward from the previous period14P€6k€50k▲
Transfer from equity791/2-€33k
Profit to be distributed694/7-€83k
Return on contributions (dividend)694-€83k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €3k | €4k | €5k | ▲ 39.6% |
| Other operating charges640/8 | €522 | €811 | €2k | €2k | €1k | ▼ 31.5% |
| Gross operating margin9900 | €-2k | €-7k | €44k | €67k | €63k | ▼ 6.4% |
| Operating profit (loss)9901 | €-5k | €-10k | €38k | €61k | €56k | ▼ 8.3% |
| Financial income75/76B | €1k | €1k | €2k | €2k | €3k | ▲ 88.1% |
| Recurring financial income75 | €1k | €1k | €2k | €2k | €3k | ▲ 88.1% |
| Financial charges65/66B | €4k | €5k | €4k | €7k | €7k | ▲ 2.6% |
| Recurring financial charges65 | €4k | €5k | €4k | €7k | €7k | ▲ 2.6% |
| Profit (loss) for the period before taxes9903 | €-7k | €-14k | €36k | €56k | €53k | ▼ 6.8% |
| Income taxes67/77 | €328 | €328 | €7k | €13k | €17k | ▲ 36.4% |
| Profit (loss) for the period9904 | €-8k | €-14k | €28k | €44k | €35k | ▼ 19.1% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-14k | €28k | €44k | €35k | ▼ 19.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86k | €87k | €104k | €155k | €129k | ▼ 16.7% |
| Fixed assets21/28 | €2k | €3k | €17k | €15k | €17k | ▲ 16.0% |
| Tangible fixed assets22/27 | €2k | €3k | €17k | €15k | €17k | ▲ 16.0% |
| Plant, machinery and equipment23 | €2k | €2k | €12k | €11k | €10k | ▼ 9.6% |
| Furniture and vehicles24 | €564 | €987 | €5k | €4k | €8k | ▲ 77.7% |
| Current assets29/58 | €83k | €84k | €87k | €141k | €112k | ▼ 20.2% |
| Amounts receivable within one year40/41 | €59k | €60k | €53k | €99k | €61k | ▼ 38.8% |
| Trade receivables40 | €20k | €27k | €25k | €39k | €53k | ▲ 36.8% |
| Other amounts receivable41 | €39k | €33k | €29k | €60k | €8k | ▼ 87.4% |
| Current investments50/53 | €7k | €11k | €19k | €29k | €40k | ▲ 39.9% |
| Cash at bank and in hand54/58 | €17k | €4k | €15k | €11k | €10k | ▼ 5.2% |
| Deferred charges and accrued income490/1 | €478 | €8k | €404 | €2k | €839 | ▼ 47.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86k | €87k | €104k | €155k | €129k | ▼ 16.7% |
| Equity10/15 | €54k | €40k | €68k | €112k | €77k | ▼ 31.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €19k | ▲ 200% |
| Reserves13 | €56k | €56k | €56k | €56k | €23k | ▼ 59.3% |
| Non-distributable reserves130/1 | €180 | €180 | €0 | - | - | - |
| Reserves not available under the articles1311 | €180 | €180 | €0 | - | - | - |
| Distributable reserves133 | €56k | €56k | €56k | €56k | €23k | ▼ 59.3% |
| Profit (loss) carried forward14 | €-8k | €-22k | €6k | €50k | €35k | ▼ 29.3% |
| Amounts payable17/49 | €31k | €47k | €36k | €43k | €53k | ▲ 21.4% |
| Amounts payable within one year42/48 | €31k | €47k | €36k | €43k | €53k | ▲ 21.4% |
| Financial debts43 | €8k | €22k | €17k | €8k | €15k | ▲ 94.9% |
| Credit institutions430/8 | €8k | €22k | €17k | €8k | €15k | ▲ 94.9% |
| Trade debts44 | €10k | €15k | €17k | €29k | €29k | ▼ 1.0% |
| Suppliers440/4 | €10k | €15k | €17k | €29k | €29k | ▼ 1.0% |
| Taxes, remuneration and social security45 | €14k | €10k | €2k | €7k | €9k | ▲ 37.1% |
| Taxes450/3 | €14k | €8k | €2k | €7k | €9k | ▲ 37.1% |
| Remuneration and social security454/9 | - | €2k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-14k | €28k | €44k | €35k | ▼ 19.1% |
| + Depreciation and write-downs630 | €3k | €2k | €3k | €4k | €5k | ▲ 39.6% |
| Operating cash flow (approximation) | €-5k | €-13k | €32k | €48k | €41k | ▼ 14.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-17k | €-2k | €-8k | ▼ 261% |
| Change in cash | - | €-13k | €10k | €-4k | €-554 | ▲ 86.1% |
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
17-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 229 days late
2024
31-12
Financial
Equity above €100kEq €112k ▲64.2%
2 profitable years in a row build equity to €112k.
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 234 days late
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 157 days late
2022
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Highest result since 2018net €55k ▲76.4%
Operating result €80k, net result €55k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kapellen · 1 establishment unit since 2015
Ground area
1,156 m²
Building footprint
109 m²
Volume, LiDAR
621 m³
Parcel 11362M0250/00H000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VICTS
since 20152.248.259.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0250/00H000 | Flanders | 1,156 m² | 1 · 109 m² | 10.2 m · 2 fl. |
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.
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 5,148 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-08-2015
Fiscal year end31-12
Abbreviation NL
VICTS
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Scores and ratios are computed by Checked and are not a credit decision.