VITEO
ActiveSummary
The computed 12-month bankruptcy probability of VITEO is 2.2% (moderate). The 2024 annual accounts show equity of €25k and a net result of €2k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 18936 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-26
Solvency83▲+7
Growth35▼-4
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 2.01 in 2023; short-term debt: 42.4% and cash: 37.8% of total assets), and 42.4% 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.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
57.6%
Return on assets
4.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
54 d late
2022
28 d late
2021
76 d late
2020
30 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€53k▼ 55.4%
2023 · €118k
EBIT margin
7.1%▲ 1.5pp
2023 · 5.7%
Net result
€2k▼ 69.2%
2023 · €6k
Working capital
€25k▲ 10.9%
2023 · €23k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€56k▼ 43.8%€67k▲ 18.7%€107k▲ 60.7%€118k▲ 10.7%€53k▼ 55.4%
Operating result€8k▼ 70.5%€4k▼ 48.4%€-7k€7k€4k▼ 43.8%
Net result€8k▼ 70.5%€-4k€-13k▼ 238%€6k€2k▼ 69.2%
EBIT margin14.7%▼ 13.2pp6.4%▼ 8.3pp-6.3%▼ 12.6pp5.7%▲ 11.9pp7.1%▲ 1.5pp
Equity€35k▲ 21.3%€31k▼ 11.3%€18k▼ 43.1%€24k▲ 34.2%€25k▲ 7.9%
Total assets€50k▲ 7.0%€45k▼ 10.9%€38k▼ 16.4%€46k▲ 22.9%€44k▼ 4.5%
Debt€16k▼ 15.3%€14k▼ 9.9%€20k▲ 42.1%€23k▲ 13.0%€19k▼ 17.4%
Working capital€34k▲ 21.2%€28k▼ 17.1%€16k▼ 44.8%€23k▲ 45.1%€25k▲ 10.9%
Staff (FTE)1▲ 400%5.6
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 44% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€191 ▼ 76.8%
Current assets
€44k ▼ 3.2%
Equity and liabilities €44k
Equity
€25k ▲ 7.9%
Debt
€19k ▼ 17.4%
Debt's share of the balance-sheet total falls from 49.0% to 42.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €8k
Cash flow
€2k▼
2023 · €7k
Current ratio
2.35▲
2023 · 2.01
Debt to equity
0.73▼
2023 · 0.96
ROE
7.3%▼
2023 · 25.5%
ROA
4.2%▼
2023 · 13.0%
Interest coverage
2.29▼
2023 · 10.84
Debt ≤ 1 year
€19k▼
2023 · €23k
Staff costs
€2k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €56k | €67k | €107k | €118k | €53k | ▼ 55.4% |
| Non-recurring operating income76A | - | €8k | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €59k | €91k | €99k | €46k | ▼ 54.1% |
| Remuneration, social security and pensions62 | - | €11k | €19k | €10k | €2k | ▼ 82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €199 | €584 | €1k | €1k | €632 | ▼ 40.5% |
| Other operating charges640/8 | - | €545 | €2k | €958 | €1k | ▲ 9.6% |
| Gross operating margin9900 | €13k | €16k | €16k | €19k | €7k | ▼ 61.9% |
| Operating profit (loss)9901 | €8k | €4k | €-7k | €7k | €4k | ▼ 43.8% |
| Financial income75/76B | - | €0 | €53 | - | €2 | - |
| Recurring financial income75 | - | €0 | €53 | - | €2 | - |
| Financial charges65/66B | - | €458 | €1k | €718 | €2k | ▲ 169% |
| Recurring financial charges65 | €422 | €458 | €1k | €718 | €2k | ▲ 169% |
| Profit (loss) for the period before taxes9903 | €8k | €4k | €-8k | €6k | €2k | ▼ 69.2% |
| Income taxes67/77 | €50 | €8k | €5k | - | - | - |
| Profit (loss) for the period9904 | €8k | €-4k | €-13k | €6k | €2k | ▼ 69.2% |
| Profit (loss) for the period to be appropriated9905 | €8k | €-4k | €-13k | €6k | €2k | ▼ 69.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50k | €45k | €38k | €46k | €44k | ▼ 4.5% |
| Fixed assets21/28 | €568 | €2k | €2k | €823 | €191 | ▼ 76.8% |
| Tangible fixed assets22/27 | €393 | €2k | €2k | €648 | €16 | ▼ 97.5% |
| Furniture and vehicles24 | - | €2k | €2k | €648 | €16 | ▼ 97.5% |
| Financial fixed assets28 | €175 | €175 | €175 | €175 | €175 | = |
| Current assets29/58 | €50k | €42k | €36k | €45k | €44k | ▼ 3.2% |
| Stocks and contracts in progress3 | €1k | €1k | €2k | €3k | - | - |
| Stocks30/36 | - | €1k | €2k | €3k | - | - |
| Amounts receivable within one year40/41 | €37k | €32k | €31k | €29k | €27k | ▼ 7.3% |
| Trade receivables40 | - | €18k | €23k | €20k | €21k | ▲ 3.7% |
| Other amounts receivable41 | - | €14k | €8k | €9k | €6k | ▼ 31.5% |
| Cash at bank and in hand54/58 | €7k | €6k | €2k | €13k | €17k | ▲ 29.1% |
| Deferred charges and accrued income490/1 | - | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50k | €45k | €38k | €46k | €44k | ▼ 4.5% |
| Equity10/15 | €35k | €31k | €18k | €24k | €25k | ▲ 7.9% |
| Contributions10/11 | - | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €27k | €23k | €10k | €16k | €17k | ▲ 11.9% |
| Amounts payable17/49 | €16k | €14k | €20k | €23k | €19k | ▼ 17.4% |
| Amounts payable within one year42/48 | €16k | €14k | €20k | €23k | €19k | ▼ 17.4% |
| Trade debts44 | €8k | €3k | €15k | €15k | €11k | ▼ 22.0% |
| Suppliers440/4 | - | €3k | €15k | €15k | €11k | ▼ 22.0% |
| Bills of exchange payable441 | - | - | €93 | - | - | - |
| Taxes, remuneration and social security45 | - | €11k | €3k | €6k | €5k | ▼ 11.6% |
| Taxes450/3 | - | €8k | €2k | €5k | €5k | ▼ 7.0% |
| Remuneration and social security454/9 | - | €3k | €665 | €808 | €480 | ▼ 40.6% |
| Other amounts payable47/48 | - | - | €2k | €2k | €2k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €-4k | €-13k | €6k | €2k | ▼ 69.2% |
| + Depreciation and write-downs630 | €199 | €584 | €1k | €1k | €632 | ▼ 40.5% |
| Operating cash flow (approximation) | €8k | €-3k | €-12k | €7k | €2k | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | €-3k | €-450 | €0 | €0 | - |
| Change in cash | - | €-889 | €-3k | €10k | €4k | ▼ 63.9% |
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Highest result since 2018net €26k ▲236%
Operating result €28k, net result €26k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2017
Ground area
8,120 m²
Building footprint
606 m²
Volume, LiDAR
4,282 m³
2 parcels, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VITEO
since 20172.264.313.560
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25056A0162/00G000 | Wallonia | 7,508 m² | 1 · 454 m² | 12.6 m · 3 fl. |
| 25056A0338/00E000 | Wallonia | 613 m² | 1 · 153 m² | - |
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.
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Of 14,006 companies in sector 56301 we hold annual accounts for 4,888. 4,047 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
Founded02-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.