VIRTUS INTERIOR SOLUTIONS
InactiveVIRTUS INTERIOR SOLUTIONS was declared bankrupt on 03-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 22-09-2025, published in the Belgian State Gazette on 26-09-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
11 d early
2019
5 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
€6.71M▲ 18.3%
2020 · €5.67M
2018: €9.49M
2019: €9.20M
2020: €5.67M
2018 → 2021
EBIT margin
-0.3%▼ 2.6pp
2020 · 2.2%
2018: 10.2%
2019: -1.4%
2020: 2.2%
2018 → 2021
Net result
€-102k
2020 · €42k
2018: €799k
2019: €-192k
2020: €42k
2018 → 2021
Working capital
€1.70M▲ 60.9%
2020 · €1.06M
2018: €1.56M
2019: €1.04M
2020: €1.06M
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€9.49M-€9.20M▼ 3.0%€5.67M▼ 38.3%€6.71M▲ 18.3%
Equity€1.42M-€1.23M▼ 13.5%€1.27M▲ 3.4%€1.28M▲ 0.6%
Operating result€964k-€-126k€127k€-21k
Net result€799k-€-192k€42k€-102k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €21k after €127k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €6.53M
Fixed assets
€854k▼ 5.7%
Current assets
€5.68M▲ 14.4%
Equity and liabilities €6.53M
Equity
€1.28M▲ 0.6%
Debt
€5.25M▲ 14.3%
The debt ratio rises from 78.3% to 80.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110k▼
2020 · €246k
Cash flow
€29k▼
2020 · €161k
Solvency
19.6%▼
2020 · 21.7%
Current ratio
1.43▲
2020 · 1.27
Quick ratio
0.68▼
2020 · 0.81
Debt / equity
4.10▲
2020 · 0.54
ROE
-8.0%▼
2020 · 3.3%
ROA
-1.6%▼
2020 · 0.7%
Interest coverage
2.11▼
2020 · 5.44
Debt
€5.25M▲
2020 · €4.60M
Debt ≤ 1 year
€3.97M▲
2020 · €3.90M
Debt > 1 year
€1.28M▲
2020 · €690k
Income taxes
€2k▲
2020 · €1k
Staff costs
€2.33M
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€5.87M€6.53M▲
Fixed assets21/28€906k€854k▼
Intangible fixed assets21€7k€2k▼
Tangible fixed assets22/27€265k€219k▼
Plant, machinery and equipment23-€96k
Furniture and vehicles24-€42k
Leasing and similar rights25-€8k
Other tangible fixed assets26-€73k
Financial fixed assets28€634k€634k=
Affiliated companies280/1-€632k
Participating interests280-€632k
Other financial fixed assets284/8-€2k
Amounts receivable and cash guarantees285/8-€2k
Current assets29/58€4.96M€5.68M▲
Amounts receivable after more than one year29-€150k
Other amounts receivable291-€150k
Stocks and contracts in progress3€1.80M€2.99M▲
Stocks30/36-€1.89M
Raw materials and consumables30/31-€983k
Finished goods33-€749k
Goods purchased for resale34-€158k
Contracts in progress37-€1.10M
Amounts receivable within one year40/41€2.00M€2.47M▲
Trade receivables40-€2.20M
Other amounts receivable41-€277k
Cash at bank and in hand54/58€11k€38k▲
Deferred charges and accrued income490/1-€23k
Equity and liabilities
Total equity and liabilities10/49€5.87M€6.53M▲
Equity10/15€1.27M€1.28M▲
Contributions10/11€500k€610k▲
Capital10-€610k
Issued capital100-€610k
Reserves13€50k€50k=
Non-distributable reserves130/1-€50k
Legal reserve130-€50k
Profit (loss) carried forward14€722k€619k▼
Amounts payable17/49€4.60M€5.25M▲
Amounts payable after more than one year17€690k€1.28M▲
Financial debts170/4-€1.28M
Leasing and similar obligations172-€0
Credit institutions173-€476k
Other loans174-€800k
Amounts payable within one year42/48€3.90M€3.97M▲
Current portion of amounts payable after more than one year42-€447k
Financial debts43-€1.52M
Credit institutions430/8-€1.52M
Trade debts44€1.21M€1.49M▲
Suppliers440/4-€1.49M
Taxes, remuneration and social security45-€344k
Taxes450/3-€0
Remuneration and social security454/9-€344k
Other amounts payable47/48-€177k
Accrued charges and deferred income492/3-€668
Income statement
Code20202021
Operating income70/76A-€6.93M
Turnover70€5.67M€6.71M▲
Change in stocks of work in progress, finished goods and contracts in progress71-€156k
Other operating income74-€62k
Operating charges60/66A-€6.95M
Goods for resale, raw materials and consumables60-€2.81M
Purchases600/8-€2.91M
Change in stocks: decrease (increase)609-€-95k
Services and other goods61-€1.48M
Remuneration, social security and pensions62-€2.33M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€119k€132k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€172k
Other operating charges640/8-€22k
Operating profit (loss)9901€127k€-21k▼
Financial income75/76B-€10k
Recurring financial income75€10k€10k▲
Income from current assets751-€9k
Other financial income752/9-€1k
Financial charges65/66B-€89k
Recurring financial charges65€94k€89k▼
Debt charges650€45k€52k▲
Other financial charges652/9-€37k
Profit (loss) for the period before taxes9903€43k€-100k▼
Income taxes67/77€1k€2k▲
Taxes670/3-€2k
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€42k€-102k▼
Profit (loss) for the period to be appropriated9905€42k€-102k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€619k
Profit (loss) brought forward from the previous period14P-€722k
Social balance
Average headcount (FTE)9087-42.1
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · VIRTUS INTERIOR SOLUTIONS NV MAANSTRAAT 2, 2800 MECHELEN · event 22-09-2025
2023
07-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · VIRTUS INTERIOR SOLUTIONS NV MAANSTRAAT 2, 2800 MECHELEN · event 03-04-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 5 days late
2019
31-12
Financial
Weakest financial yearnet €-192k ▼124%
Net result drops to €-192k, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
27-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 27 days late
2013
27-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
03-04-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,000 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,000 EUR | 1,000 EUR |
Schemes
Stagebonus (stopgezet)