VIRTUS
ActiveSummary
VIRTUS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €2. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-4
Solvency100▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.98 in 2024; short-term debt: 21.2% and cash: 9.4% of total assets), and 24.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
75.9%
Return on assets
0%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
61 d late
2023
59 d late
2022
56 d late
2021
39 d late
2020
59 d late
2019
56 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
€1.28M=
2024 · €1.28M
2019: €1.02Mlowest value
2022: €1.21M
2023: €1.29M▲ +6.5% vs 2022highest value
2024: €1.28M▼ -0.2% vs 2023
2025: €1.28M● +0.0% vs 2024
2019 → 2025
Total assets
€1.69M▼ 2.0%
2024 · €1.73M
2019: €1.85Mhighest value
2022: €1.55Mlowest value
2023: €1.75M▲ +12.7% vs 2022
2024: €1.73M▼ -1.2% vs 2023
2025: €1.69M▼ -2.0% vs 2024
2019 → 2025
Net result
€2
2024 · €-3k
2019: €13k
2022: €40k
2023: €78k▲ +95.8% vs 2022highest value
2024: €-3k▼ -104% vs 2023lowest value
2025: €2▲ +100% vs 2024
2019 → 2025
Working capital
€393k▲ 2.4%
2024 · €384k
2019: €153klowest value
2022: €230k
2023: €342k▲ +48.7% vs 2022
2024: €384k▲ +12.1% vs 2023
2025: €393k▲ +2.4% vs 2024highest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192022202320242025Trend
Equity€1.02M-€1.21M▲ 19.0%€1.29M▲ 6.5%€1.28M▼ 0.2%€1.28M=
2019: €1.02Mlowest value
2022: €1.21M
2023: €1.29M▲ +6.5% vs 2022highest value
2024: €1.28M▼ -0.2% vs 2023
2025: €1.28M● +0.0% vs 2024
Operating result€31k-€56k▲ 79.2%€104k▲ 86.5%€278▼ 99.7%€-6k
2019: €31k
2022: €56k
2023: €104k▲ +86.5% vs 2022highest value
2024: €278▼ -99.7% vs 2023
2025: €-6k▼ -2117% vs 2024lowest value
Net result€13k-€40k▲ 196%€78k▲ 95.8%€-3k€2
2019: €13k
2022: €40k
2023: €78k▲ +95.8% vs 2022highest value
2024: €-3k▼ -104% vs 2023lowest value
2025: €2▲ +100% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €278 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.69M
Fixed assets
€939k ▼ 1.3%
Current assets
€752k ▼ 2.9%
Equity and liabilities €1.69M
Equity
€1.28M =
Provisions
€48k ▼ 5.6%
Debt
€359k ▼ 8.1%
Debt's share of the balance-sheet total falls from 22.6% to 21.2%. Debt is lower.
Key figures and ratios
EBITDA
€48k▼
2024 · €67k
Cash flow
€54k▼
2024 · €64k
Current ratio
2.09▲
2024 · 1.98
Debt to equity
0.28▼
2024 · 0.30
ROE
0.0%▲
2024 · -0.2%
ROA
0.0%▲
2024 · -0.2%
Interest coverage
2.12▼
2024 · 2.60
Debt ≤ 1 year
€359k▼
2024 · €391k
Income taxes
€2k▲
2024 · €1k
Staff costs
€56k▲
2024 · €26k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.73M€1.69M▼
Fixed assets21/28€951k€939k▼
Tangible fixed assets22/27€951k€939k▼
Land and buildings22€951k€939k▼
Current assets29/58€774k€752k▼
Amounts receivable within one year40/41€697k€570k▼
Trade receivables40€18k€20k▲
Other amounts receivable41€679k€550k▼
Cash at bank and in hand54/58€61k€160k▲
Deferred charges and accrued income490/1€16k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.69M▼
Equity10/15€1.28M€1.28M=
Contributions10/11€76k€76k=
Reserves13€1.21M€1.21M=
Tax-exempt reserves132€146k€141k▼
Distributable reserves133€1.06M€1.07M▲
Provisions and deferred taxes16€51k€48k▼
Deferred taxes168€51k€48k▼
Amounts payable17/49€391k€359k▼
Amounts payable within one year42/48€391k€359k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€40k€21k▼
Suppliers440/4€40k€21k▼
Taxes, remuneration and social security45€15k€16k▲
Taxes450/3€9k€9k▲
Remuneration and social security454/9€6k€7k▲
Other amounts payable47/48€336k€322k▼
Income statement
Code20242025
Remuneration, social security and pensions62€26k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€54k▼
Other operating charges640/8€12k€12k▲
Gross operating margin9900€106k€116k▲
Operating profit (loss)9901€278€-6k▼
Financial income75/76B€21k€28k▲
Recurring financial income75€21k€28k▲
Financial charges65/66B€26k€23k▼
Recurring financial charges65€26k€23k▼
Profit (loss) for the period before taxes9903€-5k€-836▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€-3k€2▲
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€6k▲
Transfer to equity691/2€3k€6k▲
To other reserves6921€3k€6k▲
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 | 2019 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €43k | €48k | €26k | €56k | ▲ 112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €113k | €96k | €100k | €67k | €54k | ▼ 19.5% |
| Other operating charges640/8 | - | €4k | €20k | €12k | €12k | ▲ 2.4% |
| Non-recurring operating charges66A | - | €23k | €0 | - | - | - |
| Gross operating margin9900 | €156k | €222k | €273k | €106k | €116k | ▲ 10.1% |
| Operating profit (loss)9901 | €31k | €56k | €104k | €278 | €-6k | ▼ 2,117% |
| Financial income75/76B | - | €13k | €20k | €21k | €28k | ▲ 31.2% |
| Recurring financial income75 | €8k | €13k | €20k | €21k | €28k | ▲ 31.2% |
| Financial charges65/66B | - | €19k | €19k | €26k | €23k | ▼ 11.9% |
| Recurring financial charges65 | €24k | €19k | €19k | €26k | €23k | ▼ 11.9% |
| Profit (loss) for the period before taxes9903 | €15k | €50k | €105k | €-5k | €-836 | ▲ 81.8% |
| Transfer from deferred taxes780 | - | €3k | €3k | €3k | €3k | = |
| Income taxes67/77 | €5k | €13k | €30k | €1k | €2k | ▲ 65.4% |
| Profit (loss) for the period9904 | €13k | €40k | €78k | €-3k | €2 | ▲ 100% |
| Transfer from tax-exempt reserves789 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) for the period to be appropriated9905 | €19k | €45k | €84k | €3k | €6k | ▲ 117% |
| Line | 2019 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.85M | €1.55M | €1.75M | €1.73M | €1.69M | ▼ 2.0% |
| Fixed assets21/28 | €1.16M | €1.10M | €999k | €951k | €939k | ▼ 1.3% |
| Tangible fixed assets22/27 | €1.16M | €1.10M | €999k | €951k | €939k | ▼ 1.3% |
| Land and buildings22 | - | €1.10M | €999k | €951k | €939k | ▼ 1.3% |
| Financial fixed assets28 | €635 | €635 | €0 | - | - | - |
| Current assets29/58 | €689k | €450k | €748k | €774k | €752k | ▼ 2.9% |
| Amounts receivable within one year40/41 | €254k | €23k | €712k | €697k | €570k | ▼ 18.2% |
| Trade receivables40 | - | €22k | €16k | €18k | €20k | ▲ 12.7% |
| Other amounts receivable41 | - | €1k | €697k | €679k | €550k | ▼ 19.0% |
| Cash at bank and in hand54/58 | €428k | €417k | €18k | €61k | €160k | ▲ 160% |
| Deferred charges and accrued income490/1 | - | €10k | €17k | €16k | €22k | ▲ 37.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.85M | €1.55M | €1.75M | €1.73M | €1.69M | ▼ 2.0% |
| Equity10/15 | €1.02M | €1.21M | €1.29M | €1.28M | €1.28M | = |
| Contributions10/11 | €76k | €76k | €76k | €76k | €76k | = |
| Reserves13 | €939k | €1.13M | €1.21M | €1.21M | €1.21M | = |
| Non-distributable reserves130/1 | - | €8k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €8k | €0 | - | - | - |
| Tax-exempt reserves132 | - | €157k | €152k | €146k | €141k | ▼ 3.8% |
| Distributable reserves133 | - | €968k | €1.06M | €1.06M | €1.07M | ▲ 0.5% |
| Provisions and deferred taxes16 | €42k | €57k | €54k | €51k | €48k | ▼ 5.6% |
| Deferred taxes168 | - | €57k | €54k | €51k | €48k | ▼ 5.6% |
| Amounts payable17/49 | €795k | €284k | €405k | €391k | €359k | ▼ 8.1% |
| Amounts payable after more than one year17 | €260k | €64k | €0 | - | - | - |
| Financial debts170/4 | - | €64k | €0 | - | - | - |
| Amounts payable within one year42/48 | €535k | €220k | €405k | €391k | €359k | ▼ 8.1% |
| Current portion of amounts payable after more than one year42 | - | €64k | €64k | €0 | - | - |
| Trade debts44 | €4k | €11k | €6k | €40k | €21k | ▼ 48.5% |
| Suppliers440/4 | - | €11k | €6k | €40k | €21k | ▼ 48.5% |
| Taxes, remuneration and social security45 | - | €21k | €32k | €15k | €16k | ▲ 11.4% |
| Taxes450/3 | - | €9k | €25k | €9k | €9k | ▲ 2.3% |
| Remuneration and social security454/9 | - | €12k | €7k | €6k | €7k | ▲ 24.3% |
| Other amounts payable47/48 | - | €124k | €304k | €336k | €322k | ▼ 4.1% |
| Line | 2019 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €40k | €78k | €-3k | €2 | ▲ 100% |
| + Depreciation and write-downs630 | €113k | €96k | €100k | €67k | €54k | ▼ 19.5% |
| Operating cash flow (approximation) | €127k | €136k | €178k | €64k | €54k | ▼ 15.7% |
| Investment in fixed assets (approximation) | - | - | €635 | €-20k | €-42k | ▼ 112% |
| Change in cash | - | - | €-399k | €44k | €98k | ▲ 124% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2
Net result €2 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Highest result since 2019net €78k ▲95.8%
Operating result €104k, net result €78k, both a record.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Zedelgem · 1 establishment unit since 2006
Ground area
1,558 m²
Parcel 31036F0634/00K000, Flanders. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
VIRTUS BVBA
since 20062.150.877.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31036F0634/00K000 | Flanders | 1,558 m² | - | - |
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.
Similar companies · same sector, comparable size
BASECLES LOGISTIQUE
BE 0889.320.843
Beloeil · Eq €1.28M
MEULEBROECK MANAGEMENT TEXTILES
BE 0445.204.858
Oostrozebeke · Eq €1.30M
Euromatec
BE 0407.119.391
Evere · Eq €1.26M
EUTRONIX
BE 0405.674.784
Wavre · Eq €1.31M
AMETALS
BE 0449.577.380
Court-Saint-Etienne · Eq €1.24M
Of 537 companies in sector 46120 we hold annual accounts for 304. 176 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
Founded08-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46120Wholesale trade
46630Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.