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VITeS

Active
Non-profit associationfounded 198541 yrs activeIjzerenmolenstraat 4, 3001 Leuven, BelgiumKBO/BCE: BE 0431.067.802
Summary

VITeS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31.2m and a net result of €1.1m. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 433 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
VITeSActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Social work activities without accommodation
NACE 88993NACE 21110NACE 88995
#1 company by staff growth in Flemish Brabant, Social work without accommodation sector14 sites
Size
€14.0mturnover 2025
Staff
529.8 FTE
Equity
€31.2m
Profit
€1.1m
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Accounts 32 d early1 of 21 deeds read
Why 97+ Legal form Non-profit association+ Founded in 1985+ Equity €31.2m (77.8% of total assets)+ Sector Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 73% of its sector peers (NACE 88, large)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 77.8% of total assets
Liquidity 56-7
short-term debt 10.3% · cash 4.9%
Profitability 79-3
return on assets 2.7%
Bankruptcy probability, 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% (91 companies)
Last 16 months 07-2025: < 0.1%lowest value 08-2025: < 0.1%▲ +71.4% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +33.3% vs 06-2026highest value 08-2026: < 0.1%● 0.0% vs 07-2026highest value 09-2026: < 0.1%● 0.0% vs 08-2026highest value 10-2026: < 0.1%● 0.0% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Founded in 1985 lowers the probability for this profile
  • Equity €31.2m (77.8% of total assets) lowers the probability
  • Sector Social work activities without accommodation (NACE 88) lowers the probability
Credit up to €1,400,000 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 2.75 in 2024; short-term debt: 10.3% and cash: 4.9% of total assets), and 22.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 88, large). Better than this share of them on solvency 91%, liquidity 54%, profitability 81%, growth against the median 66%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1985
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €31.2m (77.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Social work activities without accommodation (NACE 88)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
30 d early
2023
40 d early
2022
38 d early
2021
39 d early
2020
29 d early
2019
47 d late
← 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 23 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Statutes amendmentGeneral meeting
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Company by staff growth in Flemish Brabant, Social…in the Checked rankings #1 View
  • Positive: 5 years of growth in a rowturnover 2025: €14.0m 5 years View
  • Flemish supportawarded 2022 - 2025 €35.3m View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Caution: Result fell in 2025from €1.5m to €1.1m ▼ 29.8% View

By topic

Financials

Fiscal year
2025
Turnover
€14.0m
Profit
€1.1m
Solvency
77.8%
Turnover▲ 8.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 27-08-2026Statutes amendment
  2. 29-06-2026Annual accounts filed
  3. 01-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
14
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88993
Founded
08-08-1985
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Purpose
Vzw ViTeS stelt alles in het werk om mensen volwaardig te laten participeren aan de…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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