VIRTUALTEK
ActiveSummary
VIRTUALTEK has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €101k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+94
Solvency37▲+23
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 0.91 in 2023; short-term debt: 70.8% and cash: 7.7% of total assets), and 87.8% of the assets are financed with debt.
Credit check for your own amount and term
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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.2%
Return on assets
42.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 20780 sector peers (2024).
NBB · sector comparisonPosition among 20780 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
74 d late
2023
114 d late
2022
191 d late
2021
26 d late
2020
178 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€427k
EBIT margin
-11.8%
Net result
€101k
2023 · €-51k
Working capital
€36k
2023 · €-62k
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€427k
Operating result€6k▼ 25.9%€-43k€20k€-50k€142k
Net result€2k▼ 10.8%€-48k€15k€-51k€101k
EBIT margin-11.8%
Equity€13k▲ 19.1%€-35k€-21k▲ 41.5%€-72k▼ 247%€29k
Total assets€146k▲ 70.9%€80k▼ 44.8%€384k▲ 378%€652k▲ 69.8%€237k▼ 63.6%
Debt€133k▲ 78.4%€116k▼ 12.9%€404k▲ 250%€723k▲ 78.8%€208k▼ 71.2%
Working capital€-69k▼ 79.0%€-24k▲ 65.0%€-10k▲ 56.7%€-62k▼ 499%€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €142k after a loss of €50k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €237k
Fixed assets
€33k ▲ 71.9%
Current assets
€204k ▼ 67.7%
Equity and liabilities €237k
Equity
€29k
Debt
€208k
Debt finances 87.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€146k▲
2023 · €-47k
Cash flow
€105k▲
2023 · €-48k
Current ratio
1.22▲
2023 · 0.91
Debt to equity
7.18▲
2023 · -10.09
ROE
347.4%
ROA
42.5%▲
2023 · -7.8%
Interest coverage
20.89▲
2023 · -41.98
Debt ≤ 1 year
€168k▼
2023 · €695k
Debt > 1 year
€40k▲
2023 · €29k
Income taxes
€34k
Staff costs
€399
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €427k | - | - |
| Non-recurring operating income76A | - | - | - | - | €202k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €236k | €469k | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €399 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19k | €18k | €14k | €3k | €4k | ▲ 37.5% |
| Other operating charges640/8 | - | €40k | - | €8k | €2k | ▼ 78.6% |
| Non-recurring operating charges66A | - | - | - | - | €30k | - |
| Gross operating margin9900 | €26k | €15k | €34k | €-39k | €178k | ▲ 553% |
| Operating profit (loss)9901 | €6k | €-43k | €20k | €-50k | €142k | ▲ 380% |
| Financial income75/76B | - | €2k | €48 | €611 | €31 | ▼ 94.9% |
| Recurring financial income75 | €2 | €2k | €48 | €611 | €31 | ▼ 94.9% |
| Financial charges65/66B | - | €7k | €5k | €1k | €7k | ▲ 520% |
| Recurring financial charges65 | €3k | €7k | €5k | €1k | €7k | ▲ 520% |
| Profit (loss) for the period before taxes9903 | €3k | €-48k | €15k | €-51k | €135k | ▲ 364% |
| Income taxes67/77 | €898 | - | - | - | €34k | - |
| Profit (loss) for the period9904 | €2k | €-48k | €15k | €-51k | €101k | ▲ 297% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-48k | €15k | €-51k | €101k | ▲ 297% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €146k | €80k | €384k | €652k | €237k | ▼ 63.6% |
| Fixed assets21/28 | €81k | €33k | €18k | €19k | €33k | ▲ 71.9% |
| Intangible fixed assets21 | €61k | €11k | €0 | - | €0 | - |
| Tangible fixed assets22/27 | €20k | €22k | €18k | €19k | €33k | ▲ 71.9% |
| Plant, machinery and equipment23 | - | €6k | €5k | €9k | €3k | ▼ 70.2% |
| Furniture and vehicles24 | - | €3k | €1k | €217 | €21k | ▲ 9,589% |
| Other tangible fixed assets26 | - | €14k | €12k | €10k | €10k | ▼ 9.0% |
| Current assets29/58 | €64k | €48k | €365k | €632k | €204k | ▼ 67.7% |
| Amounts receivable within one year40/41 | €61k | €35k | €141k | €583k | €186k | ▼ 68.2% |
| Trade receivables40 | - | €918 | €121k | €472k | €21k | ▼ 95.6% |
| Other amounts receivable41 | - | €34k | €20k | €111k | €165k | ▲ 48.1% |
| Cash at bank and in hand54/58 | €17 | €12k | €224k | €19k | €18k | ▼ 3.4% |
| Deferred charges and accrued income490/1 | - | €730 | €730 | €30k | €91 | ▼ 99.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €146k | €80k | €384k | €652k | €237k | ▼ 63.6% |
| Equity10/15 | €13k | €-35k | €-21k | €-72k | €29k | ▲ 140% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Outside capital11 | - | - | €6k | €6k | - | - |
| Other1109/19 | - | - | €6k | €6k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €5k | €-43k | €-29k | €-80k | €21k | ▲ 126% |
| Amounts payable17/49 | €133k | €116k | €404k | €723k | €208k | ▼ 71.2% |
| Amounts payable after more than one year17 | - | €44k | €29k | €29k | €40k | ▲ 39.7% |
| Financial debts170/4 | - | €44k | €29k | €29k | €40k | ▲ 39.7% |
| Amounts payable within one year42/48 | €133k | €72k | €376k | €695k | €168k | ▼ 75.8% |
| Current portion of amounts payable after more than one year42 | - | €17k | €22k | €10k | €42k | ▲ 311% |
| Financial debts43 | - | - | - | - | €61k | - |
| Credit institutions430/8 | - | - | - | - | €61k | - |
| Trade debts44 | €46k | €8k | €46k | €615k | €5k | ▼ 99.2% |
| Suppliers440/4 | - | €8k | €46k | €615k | €5k | ▼ 99.2% |
| Advances received on contracts in progress46 | - | €18k | €278k | €34k | - | - |
| Taxes, remuneration and social security45 | - | €25k | €28k | €35k | €35k | ▼ 1.2% |
| Taxes450/3 | - | €25k | €28k | €24k | €35k | ▲ 43.1% |
| Remuneration and social security454/9 | - | - | €200 | €11k | - | - |
| Other amounts payable47/48 | - | €4k | €2k | - | €25k | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €182 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-48k | €15k | €-51k | €101k | ▲ 297% |
| + Depreciation and write-downs630 | €19k | €18k | €14k | €3k | €4k | ▲ 37.5% |
| Operating cash flow (approximation) | €22k | €-31k | €29k | €-48k | €105k | ▲ 320% |
| Investment in fixed assets (approximation) | - | €31k | €0 | €-4k | €-18k | ▼ 351% |
| Change in cash | - | €12k | €212k | €-205k | €-634 | ▲ 99.7% |
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
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Back to profitnet €101k
Net result €101k after one loss-making year.
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 191 days late
2023
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 178 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 132 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Geer · 1 establishment unit since 2018
Ground area
676 m²
Building footprint
101 m²
Volume, LiDAR
632 m³
Parcel 64055A0250/00Y000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Ruelle des Colons 14, 4252 Geer
since 20182.274.925.360
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64055A0250/00Y000 | Wallonia | 676 m² | 1 · 101 m² | 7.6 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 30,002 companies in sector 62200 we hold annual accounts for 18,390. 14,216 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 (pre-2019)
Founded02-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.