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VITAZ

Active
Non-profit associationfounded 2006active for 20 yearsMoerlandstraat 1, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0881.291.322
Summary

VITAZ has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €181.9m and a net result of €12.9m, of which €6.8m non-recurring income. Equity has been growing by about 4.4% per year since 2018. Its solvency ranks better than 41% of 3,036 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-05-2006 Normal situation
Registered office
68 active companies are registered at this address 5 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Human health activities NACE 86101and 4 others
Joint committee
330 Health institutions and services · annual accounts 2025
Establishment units
2.161.543.743 9160 Lokeren, since 01-01-2005
2.157.023.444 9100 Sint-Niklaas, since 01-01-2007and 7 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€474.7m
▲ 4.3%
Surplus
€12.9m
▲ 14.6%
Equity
€181.9m
▲ 6.9%
Total assets
€380.4m
▲ 1.2%
Employees on 31-12-2025
2,817
▲ 0.5%
  • 2025 accounts filed 60 days after the deadline
Score breakdownraises riskLast filed accounts filed 60 days late; 1 of the last 3 accounts latelowers riskLegal form: non-profit associationSector: Human health activities (NACE 86)Size: turnover €474.7m, 2,227.4 FTE, total assets €380.4mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of large companies in human health (NACE 86)
Financial strength · tick: 2024
Strong
Solvency 73+3
equity 47.8% of total assets
Liquidity 45+6
short-term debt 39.5% · cash 10.6%
Profitability 64+1
return on assets 3.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (83 companies, NACE 86, large)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €17,250,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.48 in 2024), below the usual 1.5. Short-term debt is 39.5% and cash 10.6% of total assets. 52.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, large). It does better than 64% of them on solvency, 45% on liquidity, 76% on profitability and 65% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · Last filed accounts filed 60 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: turnover €474.7m, 2,227.4 FTE, total assets €380.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 filings
Deviation from the deadline
2025
60 days late
2024
16 days early
2023
9 days early
2022
13 days early
2021
20 days early
2020
11 days early
2019
14 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 3 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Sint-Niklaasin the Checked rankings No. 1 View
  • Positive: 7 years of growth in a rowturnover 2025: €474.7m 7 years View
  • Flemish supportawarded from 2022 to 2025 €22.5m View
  • Public contracts awardedto 46 suppliers, 2019 to 2026 63 awards View

Recent changes

  1. · Gazette deed Resignations & appointmentsGeneral meeting of 27-06-2024
  2. · Gazette deed 5 directors appointed, 3 directors resigningAdmission: Sarah Willockx (member) · Withdrawal: S. Vonck (member) · Appointments: Sarah Willockx, Luc De Block and 3 others
  3. · Gazette deed Appointments: Gaby Bogaert, Patricia Claessens and 13 others
All 19 events

Comparable companies

These companies have the same main activity as VITAZ: human health activities (NACE 86101). They are comparable in size and age: total assets between €259m and €876m, founded between 1989 and 2015.

CompanyTotal assetsTurnover
VITAZ Sint-Niklaas€380.4m€474.7m
centre Hospitalier de Wallonie Picarde Tournai€259.2m€337.7m
Centre Hospitalier EPICURA Saint-Ghislain€355.0m€370.9m
GRAND HOPITAL DE CHARLEROI Charleroi€875.6m€550.3m
Centre Hospitalier Interrégional Edith Cavell - Les Hôpitaux de Braine-l'Alleud - Waterloo, de Delta et de Sainte-Anne Saint-Remi; les Cliniques de la Basilique et Edith Cavell, les Centres... Auderghem€874.8m€803.9m
CENTRE HOSPITALIER REGIONAL DE LA CITADELLE Liège€456.9m€594.0m
CENTRE HOSPITALIER UNIVERSITAIRE DINANT GODINNE SAINTE-ELISABETH-UCL-NAMUR Yvoir€544.1m€637.5m
Full comparison

Key facts about VITAZ

What is the company number of VITAZ?
The company number of VITAZ is 0881.291.322. The VAT number is the same number with BE in front: BE 0881.291.322.
Where is VITAZ based?
The registered office is at Moerlandstraat 1, 9100 Sint-Niklaas.Company details
What does VITAZ do?
According to the KBO register, the main activity is human health activities (NACE 86101).
What is the legal form of VITAZ?
VITAZ is a non-profit association (VZW).
When was VITAZ founded?
VITAZ was founded on 12-05-2006.
Is VITAZ still active?
Yes, VITAZ is an active enterprise in the KBO register.
How many employees does VITAZ have?
VITAZ had an average of 2,227.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VITAZ fall under?
In its 2025 annual accounts, VITAZ states joint committee 330 (Health institutions and services).
What is the turnover of VITAZ?
The turnover of VITAZ was €474.7m in financial year 2025, according to the filed annual accounts.
Is VITAZ profitable?
In financial year 2025, VITAZ made a profit of €12.9m.
Where can I find the annual accounts of VITAZ?
VITAZ filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VITAZ due?
VITAZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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