Summary
VIRTUS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.0m and a net result of €55,801. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 95% of 6,687 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-12-2008 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.174.976.758 8870 Izegem, since 01-01-2009
- Financial year end
- 30 September
- Peppol
- Reachable since 26-11-2025
Board and ownership
Board
- Van Roy DirkDirector · since 12-12-2008
- Holdings
- Shares in 1 company Easyfairs Group
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-09-2025
- Profit
- €55,801
- ▼ 96.0%
- Equity
- €2.0m
- ▲ 2.9%
- Total assets
- €2.0m
- ▼ 4.2%
- 2025 accounts filed 4 days after the deadline
Net result -96%: other schema
Filed on 04-05-2026
SignalsneutralA punctual record breaksShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-05-2026, 4 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
4 days late
2024
19 days early
2023
on the day
2022
27 days early
2021
30 days early
2020
4 days early
2019
37 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 16 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 April (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
30-09-2026 year end02-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 4 days after the deadline Filed on 4 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00103102.
Annual accounts 2025 filed on 04-05-2026 PDF all 17 filings
Equity
€2.0m▲ 2.9%
2024 · €1.9m
Net result
€55,801▼ 96.0%
2024 · €1.4m
Total assets
€2.0m▼ 4.2%
2024 · €2.1m
Solvency
99.4%▲ 6.8pp
2024 · 92.6%
In the rankings
#8 company by equity in De Haan, Finance and insurance sector
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 87% lower than in 2024 and the lowest since 2021.
Operating result€0.02m
2025
Net result€0.06m
2025
Total assets€2.0m
2025
Equity€2.0m
2025
Debt€0.01m
2025
Working capital€2.0m
2025
Return on assets (ROA)2.8%
2025
Solvency99.4%
2025
Current ratio13.51
2024
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.05m▼ 73.0%€0.1m▲ 176%€0.3m▲ 85.1%€0.2m▼ 34.3%€0.2m▲ 3.0%€0.02m▼ 87.4%
Net result€0.1m-€0.04mwithin the sector's middle half▼ 66.6%€0.1mabove the sector's middle half▲ 155%€0.2mabove the sector's middle half▲ 77.8%€0.1mabove the sector's middle half▼ 32.9%€1.4mabove the sector's middle half▲ 12×€0.06mwithin the sector's middle half▼ 96.0%
Equity€0.6m-€0.6mabove the sector's middle half▼ 10.6%€0.5mabove the sector's middle half▼ 16.8%€0.5mabove the sector's middle half▲ 13.5%€0.5mabove the sector's middle half▲ 3.4%€1.9mabove the sector's middle half▲ 254%€2.0mabove the sector's middle half▲ 2.9%
Total assets€0.7m-€0.7mwithin the sector's middle half▼ 1.1%€0.7mwithin the sector's middle half▲ 0.7%€0.8mwithin the sector's middle half▲ 18.2%€0.7mwithin the sector's middle half▼ 16.8%€2.1mabove the sector's middle half▲ 200%€2.0mwithin the sector's middle half▼ 4.2%
Debt€0.09m-€0.1m▲ 67.8%€0.2m▲ 69.0%€0.3m▲ 27.2%€0.1m▼ 51.5%€0.2m▲ 2.8%€0.01m▼ 92.5%
Working capital€0.3m-€0.3mabove the sector's middle half▼ 17.3%€0.2mabove the sector's middle half▼ 41.2%€0.2mabove the sector's middle half▲ 48.0%€0.2mabove the sector's middle half▲ 10.6%€1.9mabove the sector's middle half▲ 676%€2.0mabove the sector's middle half▲ 3.1%
Solvency88.0%-79.6%above the sector's middle half▼ 8.4pp65.7%within the sector's middle half▼ 13.8pp63.1%within the sector's middle half▼ 2.6pp78.5%above the sector's middle half▲ 15.4pp92.6%above the sector's middle half▲ 14.1pp99.4%above the sector's middle half▲ 6.8pp
Current ratio5.32-2.81within the sector's middle half▼ 2.511.63within the sector's middle half▼ 1.191.73within the sector's middle half▲ 0.112.67within the sector's middle half▲ 0.9313.51above the sector's middle half▲ 10.85
Return on assets (ROA)16.0%-5.4%within the sector's middle half▼ 10.6pp13.7%within the sector's middle half▲ 8.3pp20.7%within the sector's middle half▲ 6.9pp16.7%within the sector's middle half▼ 4.0pp66.5%above the sector's middle half▲ 49.8pp2.8%within the sector's middle half▼ 63.7pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
- 2025 Net result -96% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€2,712 ▼ 62.2%
Current assets
€2.0m ▼ 4.0%
Equity and liabilities €2.0m
Equity
€2.0m ▲ 2.9%
Debt
€11,490 ▼ 92.5%
Debt's share of the balance-sheet total falls from 7.4% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
2.8%▼
2024 · 71.8%
Debt ≤ 1 year
€11,490▼
2024 · €154,215
Income taxes
€31,534▼
2024 · €650,823
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity €2.0m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Comparable companies
These companies have the same main activity as VIRTUS: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €2m and €2.3m, founded between 2007 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| VIRTUS De Haan | 2008 | €2.0m | €2.0m | €0.03m | €0.06m | - | 2025 |
| GENPARCO Knokke-Heist | 2011 | €2.3m | €2.3m | €0.03m | €0.02m | - | 2025 |
| UKRAINA AGRI FUND Brugge | 2009 | €2.1m | €0.1m | €0.04m | €0.06m | 0 | 2025 |
| PG-INVESTMENT Balen | 2007 | €2.0m | €2.0m | €0.03m | €0.01m | 0 | 2025 |
| CHRISTIAAN POSTELMANS Gent | 2008 | €2.1m | €1.3m | €0.04m | €0.3m | - | 2025 |
| GEASSOCIEERD NOTARIS PETER VERHAEGEN Puurs-Sint-Amands | 2009 | €2.3m | €1.5m | €0.03m | €0.05m | - | 2025 |
| PSLV Boutersem | 2010 | €2.1m | €1.1m | €0.03m | €0.006m | - | 2025 |
They were chosen from the 20,095 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.007m | €0.008m | €0.007m | €0.005m | €0.004m | ▼ 3.1% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.004m | ▲ 445% |
| Gross operating margin9900 | €0.2m | €0.08m | €0.1m | €0.3m | €0.2m | €0.2m | €0.03m | ▼ 82.8% |
| Operating profit (loss)9901 | €0.2m | €0.05m | €0.1m | €0.3m | €0.2m | €0.2m | €0.02m | ▼ 87.4% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €1.9m | €0.07m | ▼ 96.3% |
| Recurring financial income75 | €0.001m | €0.01m | €0.01m | €0.01m | €0.01m | €1.9m | €0.07m | ▼ 96.3% |
| Financial charges65/66B | - | - | - | €163 | €0.002m | €0.002m | €0.003m | ▲ 36.5% |
| Recurring financial charges65 | €0.002m | €0.001m | €245 | €163 | €0.002m | €0.002m | €0.003m | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.06m | €0.1m | €0.3m | €0.2m | €2.0m | €0.09m | ▼ 95.7% |
| Income taxes67/77 | €0.07m | €0.02m | €0.05m | €0.09m | €0.06m | €0.7m | €0.03m | ▼ 95.2% |
| Profit (loss) for the period9904 | €0.1m | €0.04m | €0.1m | €0.2m | €0.1m | €1.4m | €0.06m | ▼ 96.0% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.04m | €0.1m | €0.2m | €0.1m | €1.4m | €0.06m | ▼ 96.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.7m | €0.7m | €0.7m | €0.8m | €0.7m | €2.1m | €2.0m | ▼ 4.2% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.007m | €0.003m | ▼ 62.2% |
| Tangible fixed assets22/27 | €0.04m | €0.02m | €0.03m | €0.02m | €0.01m | €0.007m | €0.003m | ▼ 62.2% |
| Land and buildings22 | - | - | - | €0.001m | €143 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.01m | €0.007m | €0.003m | ▼ 62.2% |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0 | - | - |
| Current assets29/58 | €0.4m | €0.4m | €0.4m | €0.5m | €0.4m | €2.1m | €2.0m | ▼ 4.0% |
| Amounts receivable after more than one year29 | - | - | - | €0.4m | €0.2m | €0.2m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €0.4m | €0.2m | €0.2m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.2m | €0.02m | €0.02m | €0.02m | €0.2m | €1.1m | €1.8m | ▲ 70.8% |
| Trade receivables40 | - | - | - | €0.02m | €0.2m | €0.2m | €0.08m | ▼ 60.0% |
| Other amounts receivable41 | - | - | - | €220 | €0.02m | €0.9m | €1.7m | ▲ 100% |
| Cash at bank and in hand54/58 | €0.007m | €0.009m | €35 | €0.1m | €494 | €0.8m | €0.1m | ▼ 85.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.01m | €0.03m | €0.07m | ▲ 193% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.7m | €0.7m | €0.7m | €0.8m | €0.7m | €2.1m | €2.0m | ▼ 4.2% |
| Equity10/15 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €1.9m | €2.0m | ▲ 2.9% |
| Contributions10/11 | €0.006m | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | €1.9m | €2.0m | ▲ 2.9% |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €1.9m | €2.0m | ▲ 2.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €0.09m | €0.1m | €0.2m | €0.3m | €0.1m | €0.2m | €0.01m | ▼ 92.5% |
| Amounts payable after more than one year17 | €0.01m | €0.001m | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.07m | €0.1m | €0.2m | €0.3m | €0.1m | €0.2m | €0.01m | ▼ 92.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0 | - | - | - | - |
| Trade debts44 | €0.001m | €0.004m | €0.004m | €0.004m | €0.005m | €0.01m | €0.004m | ▼ 59.6% |
| Suppliers440/4 | - | - | - | €0.004m | €0.005m | €0.01m | €0.004m | ▼ 59.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.08m | €0.05m | €0.1m | €0.007m | ▼ 94.9% |
| Taxes450/3 | - | - | - | €0.08m | €0.05m | €0.1m | €0.007m | ▼ 94.9% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.1m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | €0.001m | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.04m | €0.1m | €0.2m | €0.1m | €1.4m | €0.06m | ▼ 96.0% |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.007m | €0.008m | €0.007m | €0.005m | €0.004m | ▼ 3.1% |
| Operating cash flow (approximation) | €0.1m | €0.06m | €0.1m | €0.2m | €0.1m | €1.4m | €0.06m | ▼ 95.7% |
| Investment in fixed assets (approximation) | - | -€0.002m | -€0.02m | €0 | €0 | €0.3m | €0 | ▼ 100% |
| Change in cash | - | €0.002m | -€0.009m | €0.1m | -€0.1m | €0.8m | -€0.7m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 04-05-2026 | 2026-00103102 | |
| 30-09-2024 | micro format | 11-04-2025 | 2025-00068114 | |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00076683 | |
| 30-09-2022 | micro format | 03-04-2023 | 2023-00053976 | |
| 30-09-2021 | micro format | 31-03-2022 | 2022-09800037 | |
| 30-09-2020 | micro format | 26-04-2021 | 2021-11200445 | |
| 30-09-2019 | micro format | 24-03-2020 | 2020-07400365 | |
| 30-09-2018 | micro format | 02-04-2019 | 2019-09000058 | |
| 30-09-2017 | micro format | 30-03-2018 | 2018-08800087 | |
| 30-09-2016 | abbreviated format | 30-03-2017 | 2017-08100148 |
Board & ownership
Directors
Directors
1 director
Van Roy Dirk
Current
Owners and capital
Owners
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 30-09-2023Equity €318.8m Loss of €2.8m in 2025 (profit of €19,453 in 2024)0.01%
Connections & network
1 current directorThe network starts from the directors of VIRTUS. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
04-05
abbreviated format · 4 days late
2025
30-09
Financial
Liquidity more than 12 timescurrent ratio 174.19
The current ratio rises from 13.51 to 174.19. Short-term debt falls from €154,215 to €11,490.
11-04
micro format · 19 days before the deadline
2024
28-10
Gazette deed
Registered office moved from Izegem to De HaanDirector in office3 points ▸
Gazette deed
Registered office moved from Izegem to De Haan
Director in office3 points ▸
- Board meeting, 01-10-2024
- Registered-office move, 8420 DE HAAN, Ringlaan-Noord 63
- Director in office, VAN ROY Dirk (sole director)
30-09
Financial
Highest result from 2019 to 2025net €1.4m ▲1,097%
The net result of €1.4m is the highest of those years.
30-09
Financial
Liquidity more than 5 timescurrent ratio 13.51
The current ratio rises from 2.67 to 13.51.
30-09
Financial
Equity above €1mequity €1.9m ▲254%
With a profit in every financial year since 2019, equity grows to €1.9m.
30-04
micro format · on the deadline day
2023
03-04
micro format · 27 days before the deadline
2022
30-09
Financial
Equity above €500,000equity €528,949 ▲13.5%
With a profit in every financial year since 2019, equity grows to €528,949.
31-03
micro format · 30 days before the deadline
2021
26-04
micro format · 4 days before the deadline
Show earlier events
2020
30-09
Financial
Weakest financial yearnet €38,148 ▼66.6%
The net result drops to €38,148, the lowest from 2019 to 2025. It recovers the following year.
24-03
micro format · 37 days before the deadline
2019
02-04
micro format · 28 days before the deadline
2018
30-03
micro format · 31 days before the deadline
2017
30-03
abbreviated format · 31 days before the deadline
2008
12-12
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VIRTUS in Dutch
Enterprise number
0808.175.393
Legal form
Private limited company
Status
Active, normale toestand
Founded
02-12-2008
Entity type
Legal entity
Registered office and establishments
Registered office
Ringlaan-Noord 63, 8420 De Haan, Belgium
Former registered office
8870 Izegem until 15-11-2024 · act of 28-10-2024
Establishment unit
VIRTUS Bvba, Sint-Jorisstraat 47, 8870 Izegem since 01-01-2009 · unit number 2.174.976.758
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
Invoicing and payment
VAT number
BE 0808.175.393
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,429 m²
Building footprint
234 m²
Building volume
1,735 m³
Tallest building: 11.4 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36494D1145/00F003 | Flanders | 1,001 m² | 1 · 140 m² | 11.4 m · 3 |
| 35007A0373/00X000 | Flanders | 428 m² | 1 · 94 m² | 9.4 m · 2 |