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VITAL script

Active
Private limited companyfounded 198937 yrs activeHendrik van Veldekesingel 150, 3500 Hasselt, BelgiumKBO/BCE: BE 0438.392.983
Summary

VITAL script has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,024 and a net result of €21,096. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency100▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.15 against 0.74 in 2024; short-term debt: 21.3% and cash: 43.8% of total assets), and 21.3% of the assets are financed with debt.
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Signals

Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.7%
Return on assets
32.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
31 d early
2023
31 d early
2022
44 d early
2021
68 d early
2020
31 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VITAL script was incorporated on 26 September 1989.1 Total assets rose from EUR 58,927 in 2018 to EUR 64,860 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€51,024▲ 65.7%
2024 · €30,788
Total assets
€64,860▲ 29.7%
2024 · €49,996
Net result
€21,096▲ 328%
2024 · €4,932
Working capital
€15,977
2024 · -€4,917
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€4,428▲ 1,620%€11,174▲ 152%-€9,011€6,034€29,065▲ 382%
Net result€4,481within the sector's middle half€7,829within the sector's middle half▲ 74.7%-€9,467below the sector's middle half€4,932within the sector's middle half€21,096within the sector's middle half▲ 328%
Equity€29,127within the sector's middle half▲ 18.2%€36,155within the sector's middle half▲ 24.1%€26,688within the sector's middle half▼ 26.2%€30,788within the sector's middle half▲ 15.4%€51,024within the sector's middle half▲ 65.7%
Total assets€61,595below the sector's middle half▲ 0.1%€74,172within the sector's middle half▲ 20.4%€58,705below the sector's middle half▼ 20.9%€49,996below the sector's middle half▼ 14.8%€64,860below the sector's middle half▲ 29.7%
Debt€32,468▼ 11.9%€38,017▲ 17.1%€32,017▼ 15.8%€19,208▼ 40.0%€13,836▼ 28.0%
Working capital-€9,489below the sector's middle half▲ 17.2%-€1,507below the sector's middle half▲ 84.1%-€9,998below the sector's middle half▼ 564%-€4,917below the sector's middle half▲ 50.8%€15,977within the sector's middle half
Solvency47.3%within the sector's middle half▲ 7.2pp48.7%within the sector's middle half▲ 1.5pp45.5%within the sector's middle half▼ 3.3pp61.6%within the sector's middle half▲ 16.1pp78.7%within the sector's middle half▲ 17.1pp
Current ratio0.70below the sector's middle half▲ 0.010.96below the sector's middle half▲ 0.260.68below the sector's middle half▼ 0.280.74below the sector's middle half▲ 0.072.15within the sector's middle half▲ 1.41
Return on assets (ROA)7.3%within the sector's middle half▲ 8.1pp10.6%within the sector's middle half▲ 3.3pp-16.1%below the sector's middle half▼ 26.7pp9.9%within the sector's middle half▲ 26.0pp32.5%within the sector's middle half▲ 22.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: €4,428€4,428Net result 2021: €4,481€4,481Operating result 2022: €11,174€11,174Net result 2022: €7,829€7,829Operating result 2023: -€9,011-€9,011Net result 2023: -€9,467-€9,467Operating result 2024: €6,034€6,034Net result 2024: €4,932€4,932Operating result 2025: €29,065€29,065Net result 2025: €21,096€21,09620212022202320242025-€10,000€0€10,000€20,000€30,000Operating result 2023: -€9,011-€9,010Net result 2023: -€9,467-€9,470Operating result 2024: €6,034€6,030Net result 2024: €4,932€4,930Operating result 2025: €29,065€29,100Net result 2025: €21,096€21,100202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 382% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,860
Fixed assets €35,047 ▼ 1.8%
Current assets €29,813 ▲ 109%
Equity and liabilities €64,860
Equity €51,024 ▲ 65.7%
Debt €13,836 ▼ 28.0%
Debt's share of the balance-sheet total falls from 38.4% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,723▲
2024 · €7,893
Cash flow
€21,754▲
2024 · €6,791
Debt to equity
0.27▼
2024 · 0.62
ROE
41.3%▲
2024 · 16.0%
Interest coverage
-2074.19▼
2024 · 8.63
Debt ≤ 1 year
€13,836▼
2024 · €19,208
Income taxes
€7,984▲
2024 · €192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€49,996€64,860▲
Fixed assets21/28€35,705€35,047▼
Tangible fixed assets22/27€658€0▼
Plant, machinery and equipment23€658€0▼
Financial fixed assets28€35,047€35,047=
Current assets29/58€14,291€29,813▲
Amounts receivable within one year40/41€7,360€755▼
Trade receivables40€4,634€755▼
Other amounts receivable41€2,726€0▼
Cash at bank and in hand54/58€6,395€28,384▲
Deferred charges and accrued income490/1€537€674▲
Equity and liabilities
Total equity and liabilities10/49€49,996€64,860▲
Equity10/15€30,788€51,024▲
Contributions10/11€8,060€8,060=
Reserves13€33,232€42,964▲
Tax-exempt reserves132€19,463€19,463=
Distributable reserves133€13,769€23,501▲
Profit (loss) carried forward14-€10,505€0▲
Amounts payable17/49€19,208€13,836▼
Amounts payable within one year42/48€19,208€13,836▼
Current portion of amounts payable after more than one year42€877€0▼
Trade debts44€7,548€3,351▼
Suppliers440/4€7,548€3,351▼
Taxes, remuneration and social security45-€8,202
Taxes450/3-€8,202
Other amounts payable47/48€10,784€2,283▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,858€658▼
Other operating charges640/8€144€515▲
Gross operating margin9900€8,037€30,238▲
Operating profit (loss)9901€6,034€29,065▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€914-€14▼
Recurring financial charges65€914-€14▼
Profit (loss) for the period before taxes9903€5,124€29,080▲
Income taxes67/77€192€7,984▲
Profit (loss) for the period9904€4,932€21,096▲
Profit (loss) for the period to be appropriated9905€4,932€21,096▲
Appropriation of the result
Profit (loss) to be appropriated9906-€9,672€10,591▲
Profit (loss) brought forward from the previous period14P-€14,604-€10,505▲
Transfer to equity691/2-€9,732
To other reserves6921-€9,732
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,030€2,186€2,695€1,858€658▼ 64.6%
Other operating charges640/8-€482€201€144€515▲ 258%
Gross operating margin9900€9,322€13,842-€6,115€8,037€30,238▲ 276%
Operating profit (loss)9901€4,428€11,174-€9,011€6,034€29,065▲ 382%
Financial income75/76B-€0-€4€0▼ 100%
Recurring financial income75€1,763€0-€4€0▼ 100%
Financial charges65/66B-€344€252€914-€14▼ 102%
Recurring financial charges65€814€344€252€914-€14▼ 102%
Profit (loss) for the period before taxes9903€5,377€10,830-€9,262€5,124€29,080▲ 468%
Income taxes67/77€896€3,002€205€192€7,984▲ 4,068%
Profit (loss) for the period9904€4,481€7,829-€9,467€4,932€21,096▲ 328%
Profit (loss) for the period to be appropriated9905€4,481€7,829-€9,467€4,932€21,096▲ 328%
Line20212022202320242025Change
Assets
Total assets20/58€61,595€74,172€58,705€49,996€64,860▲ 29.7%
Fixed assets21/28€39,948€40,258€37,563€35,705€35,047▼ 1.8%
Tangible fixed assets22/27€4,901€5,211€2,516€658€0▼ 100%
Plant, machinery and equipment23-€5,211€2,516€658€0▼ 100%
Financial fixed assets28€35,047€35,047€35,047€35,047€35,047=
Current assets29/58€21,647€33,915€21,142€14,291€29,813▲ 109%
Amounts receivable within one year40/41€9,339€6,684€13,679€7,360€755▼ 89.7%
Trade receivables40-€6,684€13,679€4,634€755▼ 83.7%
Other amounts receivable41---€2,726€0▼ 100%
Cash at bank and in hand54/58€7,613€24,453€4,306€6,395€28,384▲ 344%
Deferred charges and accrued income490/1-€2,777€3,157€537€674▲ 25.7%
Equity and liabilities
Total equity and liabilities10/49€61,595€74,172€58,705€49,996€64,860▲ 29.7%
Equity10/15€29,127€36,155€26,688€30,788€51,024▲ 65.7%
Contributions10/11-€8,060€8,060€8,060€8,060=
Reserves13€28,064€33,232€33,232€33,232€42,964▲ 29.3%
Tax-exempt reserves132-€19,463€19,463€19,463€19,463=
Distributable reserves133-€13,769€13,769€13,769€23,501▲ 70.7%
Profit (loss) carried forward14-€5,137-€5,137-€14,604-€10,505€0▲ 100%
Amounts payable17/49€32,468€38,017€32,017€19,208€13,836▼ 28.0%
Amounts payable after more than one year17€1,333€2,596€877---
Financial debts170/4-€2,596€877---
Amounts payable within one year42/48€31,135€35,421€31,140€19,208€13,836▼ 28.0%
Current portion of amounts payable after more than one year42-€3,006€1,719€877€0▼ 100%
Trade debts44€6,606€6,069€9,781€7,548€3,351▼ 55.6%
Suppliers440/4-€6,069€9,781€7,548€3,351▼ 55.6%
Taxes, remuneration and social security45-€4,237€1,519-€8,202-
Taxes450/3-€4,237€1,519-€8,202-
Other amounts payable47/48-€22,108€18,121€10,784€2,283▼ 78.8%
Line20212022202320242025Change
Profit (loss) for the period9904€4,481€7,829-€9,467€4,932€21,096▲ 328%
+ Depreciation and write-downs630€1,030€2,186€2,695€1,858€658▼ 64.6%
Operating cash flow (approximation)€5,512€10,014-€6,772€6,791€21,754▲ 220%
Investment in fixed assets (approximation)--€2,495€0€0€0-
Change in cash-€16,840-€20,148€2,089€21,989▲ 952%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
16-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €21,096 ▲328%
Operating result €29,065, net result €21,096, both a record.
30-09
Financial Liquidity triplescurrent ratio 2.15
Current ratio from 0.74 to 2.15; short-term debt falls from €19,208 to €13,836.
30-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €4,932
Net result €4,932 after one loss-making year.
30-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet -€9,467
Net result drops to -€9,467, the lowest in the series; recovery starts the following year.
17-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
21-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Back to profitnet €4,481
Net result €4,481 after 2 loss-making years.
30-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
16-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
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 3 acts read
About the unread acts

We know of 3 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
3 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, Hasselt · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
9,863 m²
Building footprint
2,659 m²
Volume, LiDAR
34,833 m³
2 parcels, Flanders · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
181 companies at this address See who is registered here
1 establishment unit
Koepoortkaai 50, 9000 Gent
NACE 5248701
since 19942.045.197.488
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0010/00C003 Flanders 5,413 m² 1 · 1,479 m² 20.9 m · 4 fl.
44804D0847/00H000 Flanders 4,451 m² 1 · 1,180 m² 20.2 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 16,911 companies in sector 62100 we hold annual accounts for 8,787. 6,822 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
Founded26-09-1989
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438392983
Registered 29-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.