VITAX
ActiveThe computed 12-month bankruptcy probability of VITAX is 1.7% (moderate). The 2025 annual accounts show equity of €158k and a net result of €-88k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 4547 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-26
Solvency69▼-20
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 2.52 in 2024; short-term debt: 45.4% and cash: 1% of total assets), and 56% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
44%
Return on assets
-24.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
124 d late
2023
37 d late
2022
56 d early
2021
31 d early
2020
23 d late
2019
46 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.07M▲ 61.0%
2021 · €663k
2018: €1.71M
2019: €1.57M
2020: €480k
2021: €663k
2018 → 2022
EBIT margin
43.4%▼ 2.5pp
2021 · 45.9%
2018: 13.6%
2019: 15.4%
2020: 8.0%
2021: 45.9%
2018 → 2022
Net result
€-88k
2024 · €12k
2018: €-24k
2019: €-102k
2020: €-134k
2021: €107k
2022: €191k
2023: €91k
2024: €12k
2018 → 2025
Working capital
€1k▼ 99.0%
2024 · €131k
2018: €-75k
2019: €-121k
2020: €-181k
2021: €-54k
2022: €87k
2023: €63k
2024: €131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€663k-€1.07M▲ 61.0%
Equity€-47k-€144k€234k▲ 63.3%€246k▲ 5.0%€158k▼ 35.9%
Operating result€305k-€464k▲ 52.1%€400k▼ 13.6%€288k▼ 28.0%€177k▼ 38.5%
Net result€107k-€191k▲ 78.9%€91k▼ 52.4%€12k▼ 87.1%€-88k
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 39% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359k
Fixed assets
€195k▲ 18.1%
Current assets
€164k▼ 24.6%
Equity and liabilities €359k
Equity
€158k▼ 35.9%
Debt
€201k▲ 47.7%
The debt ratio rises from 35.6% to 56.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€240k▼
2024 · €377k
Cash flow
€-26k▼
2024 · €101k
Solvency
44.0%▼
2024 · 64.4%
Current ratio
1.01▼
2024 · 2.52
Quick ratio
1.01▼
2024 · 2.52
Debt / equity
1.27▲
2024 · 0.55
ROE
-56.1%▼
2024 · 4.7%
ROA
-24.7%▼
2024 · 3.1%
Interest coverage
0.90▼
2024 · 1.40
Debt
€201k▲
2024 · €136k
Debt ≤ 1 year
€163k▲
2024 · €86k
Debt > 1 year
€38k▼
2024 · €50k
Staff costs
€464k▲
2024 · €454k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€382k€359k▼
Fixed assets21/28€165k€195k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€156k€186k▲
Furniture and vehicles24€156k€186k▲
Financial fixed assets28€9k€9k=
Current assets29/58€217k€164k▼
Amounts receivable after more than one year29-€111k
Trade receivables290-€111k
Amounts receivable within one year40/41€193k€50k▼
Trade receivables40€18k€44k▲
Other amounts receivable41€175k€5k▼
Cash at bank and in hand54/58€24k€4k▼
Equity and liabilities
Total equity and liabilities10/49€382k€359k▼
Equity10/15€246k€158k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Other1319€5€5=
Tax-exempt reserves132€5k€5k=
Profit (loss) carried forward14€221k€133k▼
Amounts payable17/49€136k€201k▲
Amounts payable after more than one year17€50k€38k▼
Financial debts170/4€50k€38k▼
Amounts payable within one year42/48€86k€163k▲
Current portion of amounts payable after more than one year42€16k€29k▲
Trade debts44€0€70k▲
Suppliers440/4€0€70k▲
Taxes, remuneration and social security45€71k€64k▼
Taxes450/3€33k€1k▼
Remuneration and social security454/9€37k€63k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Remuneration, social security and pensions62€454k€464k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€63k▼
Other operating charges640/8€2k€69k▲
Gross operating margin9900€833k€773k▼
Operating profit (loss)9901€288k€177k▼
Financial income75/76B€1k€125▼
Recurring financial income75€1k€125▼
Financial charges65/66B€270k€266k▼
Recurring financial charges65€270k€266k▼
Profit (loss) for the period before taxes9903€20k€-88k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€12k€-88k▼
Profit (loss) for the period to be appropriated9905€12k€-88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€221k€133k▼
Profit (loss) brought forward from the previous period14P€210k€221k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 124 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
31-12
Financial
Equity above €200kEq €234k ▲63.3%
3 profitable years in a row build equity to €234k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €191k ▲78.9%
Operating result €464k, net result €191k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.68
Current ratio from 0.81 to 1.68; short-term debt falls from €277k to €128k.
31-12
Financial
Equity above €100kEq €144k
2 profitable years in a row build equity to €144k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €107k
Net result €107k after 3 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-134k
Net result drops to €-134k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gembloux · 3 establishment units since 1991
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.
Chaussée de Tirlemont 755030 GemblouxGround area
7.9 ha
Building footprint
1.4 ha
Volume, LiDAR
3,698 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Chaussée de Tirlemont, Sauv. 75, 5030 Gembloux
since 19912.054.288.863
VITAX
since 20152.246.760.817
VITAX
since 20172.260.798.497
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0287/00F000 | Wallonia | 7.8 ha | 1 · 1.4 ha | - |
| 23033B0427/00L000 | Flanders | 1,130 m² | 1 · 460 m² | 12.8 m · 2 fl. |
| 21382C0209/00Z003 | Brussels | 366 m² | 1 · 104 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
Antwerp Travel Service
BE 0704.801.307
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DUCHEEL
BE 0459.552.841
Sint-Pieters-Leeuw · Eq €157k
VIP Transports
BE 0550.471.535
Wavre · Eq €159k
TAXIS LAHAYE
BE 0462.678.320
Welkenraedt · Eq €159k
TAHA
BE 0447.091.707
Jette · Eq €155k
Of 6,689 companies in sector 49330 we hold annual accounts for 2,288. 1,348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-04-1991
Fiscal year end31-12
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@taxi-gembloux.be
Phone:081/60.13.23