VITHE

Active Private limited companyfounded 2004active for 22 yearsElzeelsesteenweg 599, 9600 RonseKBO/BCE: BE 0862.498.858 #7 company by equity in Ronse, Professional and technical services sector

VITHE

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Overview

Lifetime

20 annual accounts with figures on one time axis, 22 filings since 2004

Compare with

peak €523,704 (2025)

€523,704▲ 36.4%

peak €2.3m (2024)

€294,401▼ 87.0%

peak €3.5m (2025)

€3.5m▲ 6.0%

€1.6m▲ 3.9%

Board2 names since 2004

2 directorsVIDTS Dirk Marcel Virginie and 1 other

Documentsfilings and deeds

10-07-202621 days before the deadline

2025micro format

Gross margin from €383,847 to €523,704Result from €2.3m to €294,401Dividend €93,081Cash from €234,735 to €565,892

Key points

from the 2025 annual accounts

Equity

€3.5m ▲ 6.0%

VITHE has made a profit in every financial year since 2006.

Result

€294,401 ▼ 87.0%

The result fell in 2025 from €2.3m to €294,401.

Position in the sector

€294,401

Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,142 · 39,376 companies.

Checked score

Excellent

Financially stronger than 62% of small companies in head offices and management consultancy (NACE 70)

Probability in this band: under 0.55%

Bankruptcy probability within 12 months < 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).

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

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%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points 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 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength

Strong

94+1equity 68.8% of total assets

51+8short-term debt 30.1% · cash 11.0%

76-24return on assets 5.7%

Score breakdown

lowers risk

Size: total assets €5.2m

Figures for financial year 2025 (filed on 10-07-2026)

Sector: Activities of head offices; management consultancy activities (NACE 70)

Equity €3.5m (68.8% of total assets)

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 70, small). It does better than 65% of them on solvency, 55% on liquidity, 71% on profitability and 55% on growth.

The bankruptcy probability was computed on 08-11-2026 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).

Credit verdict

Credit of up to €330,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.59 (0.41 in 2024), below 1. Short-term debt is 30.1% and cash 11% of total assets. 31.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk

Five signals.

lowers riskneutral

Size: total assets €5.2m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Figures for financial year 2025 (filed on 10-07-2026)

NBB · annual accounts

Sector: Activities of head offices; management consultancy activities (NACE 70)

KBO

Equity €3.5m (68.8% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

21 days early

2024

16 days early

2023

47 days early

2022

20 days early

2021

54 days early

2020

30 days late

2019

32 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 23 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 10 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

09-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Board and ownership

VIDTS Dirk Marcel Virginie

Director, since 07-01-2004

Anita Thevissen

Director, since 01-01-2023

Shares in 2 companies, OLMECA and Uniflex

Board & ownership

Recent changes

06-03-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0862498858

13-03-2023

Appointment: Anita Thevissen (director) General meeting of 16-01-2023 · Gazette deed

20-10-2022

Change of role: VIDTS Dirk Marcel Virginie, from statutory manager to statutory director Reappointment: VIDTS Dirk Marcel Virginie (statutory director) · “Het maken en verhandelen van kunstwerken; De aan- en verkoop,de klein- en groothandel,de import en export van…” (deed in Dutch) · General meeting of 14-10-2022 · Gazette deed

07-01-2004

Incorporation published on 15-01-2004 · Gazette deed

All 37 events

Comparable companies

same main activity, similar in size and age

Company
VITHE Ronse	€5.2m	€523,704	68.8%	-
LISABETH Kruisem	€5.5m	€523,924	90.4%	-
RIETVELD COORDINATIE Ghent	€4.4m	€464,536	50.7%	-
TRAMEDIM Hamme (Vl.)	€6.0m	€449,609	95.8%	-
R.S.K. IMMO Veurne	€5.1m	€492,382	13.6%	-
MANCOM Poperinge	€4.8m	€497,454	95.8%	1.7
BM ENGINEERING GROUP Kortrijk	€5.3m	€516,124	88.5%	2.7

These companies have the same main activity as VITHE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €4.4m and €6m, founded between 2001 and 2006.

Official details

Source: KBO

Status: Active since 07-01-2004Normal situation
Activity: Business and other management consultancyNACE 70200and 5 others
Establishment unit: 2.148.781.4149600 Ronse, since 07-01-2004
Financial year end: 31 December
Peppol: Reachable since 06-03-2025

Company details

Annual accounts 2025

: €523,704▲ 36.4%
: ≈ €750,000estimated
: €294,401▼ 87.0%
: €3.5m▲ 6.0%
: €5.2m▲ 5.3%
Filing: Filed on 10-07-2026, 21 days before the end of the filing period

Financials

Insights on VITHE

VITHE files the micro format. That format states no turnover. The gross margin rose from €62,949 in 2006 to €523,704 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 10-07-2026, 21 days before the deadline

€523,704

▲ 36.4%

€493,638

▲ 37.9%

€294,401

▼ 87.0%

-€630,023

▲ €261,525

68.8%

▲ 0.4 percentage points

0.59

▲ 0.18

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €750,000. Estimated: probably between €620,000 and €1.3m.

In the rankings #7 company by equity in Ronse, Professional and technical services sector #9 company by total assets in Ronse, Professional and technical services sector

Balance sheet

balance sheet total €5.2m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

68.8%

Higher than 64% of 39,360 companies in 2025.

0.59

Higher than 13% of 38,044 companies in 2025.

5.7%

Higher than 33% of 38,516 companies in 2025.

VITHE Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	5.2m	4.9m	2.5m	2.5m	2.2m	2.2m	2.2m	1.3m	1.2m	957,766	919,612	993,901	630,764	584,051	512,428	417,956	349,510	348,395	296,136	108,035
`21/28`	4.2m	4.3m	1.9m	2.0m	2.0m	2.0m	2.0m	1.3m	989,345	760,492	739,763	751,327	511,874	520,216	450,161	302,284	251,462	248,786	177,508	26,865
`22/27`	66,098	93,340	26,680	41,949	50,349	74,977	95,207	123,151	132,559	65,856	43,484	40,892	37,882	52,847	31,791	24,774	31,462	28,786	27,508	26,865
`22`	845	5,868	12,879	19,889	26,899	33,910	40,920	47,931	54,941	53,502	17,885	-	-	-	-	-	-	-	-	-
`23`	-	-	0	324	798	1,542	608	1,322	693	1,155	-	-	77	320	873	1,279	1,298	580	-	302
`24`	56,665	75,417	4,652	10,299	8,927	23,513	35,379	53,311	76,925	11,200	16,895	23,484	11,694	17,700	26,647	18,186	23,819	20,823	19,086	25,332
`26`	8,588	12,055	9,150	11,438	13,725	16,013	18,300	20,588	-	-	826	1,653	2,479	3,317	4,271	5,308	6,346	7,383	8,423	1,231
`28`	4.2m	4.2m	1.9m	1.9m	1.9m	1.9m	1.9m	1.1m	856,786	694,636	696,279	710,435	473,992	467,369	418,370	277,510	220,000	220,000	150,000	-
`29/58`	920,132	631,727	587,075	550,607	243,826	226,649	165,381	70,483	192,069	197,274	179,849	242,574	118,890	63,835	62,267	115,673	98,048	99,609	118,628	81,170
`29`	0	50,000	50,000	50,000	50,000	96,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`290`	-	0	50,000	50,000	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`291`	0	50,000	-	-	-	96,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	345,650	184,700	91,113	122,022	51,491	27,208	22,047	36,633	45,375	48,025	90,837	37,239	15,056	6,898	5,721	7,165	15,980	30,622	65,728	11,557
`40`	90,750	60,500	91,113	121,000	48,400	2,559	2,617	35,695	45,375	39,015	90,837	33,369	11,179	6,898	4,598	7,165	4,480	23,127	61,251	711
`41`	254,900	124,200	0	1,022	3,091	24,649	19,430	938	-	9,010	-	3,870	3,877	-	1,122	-	11,500	7,495	4,477	10,846
`50/53`	0	150,000	250,000	-	-	-	-	-	-	-	-	-	-	-	-	-	42,528	38,460	25,000	-
`54/58`	565,892	234,735	185,401	367,526	135,940	98,740	139,235	30,123	144,007	145,814	85,055	201,527	102,893	53,384	53,677	105,932	37,262	28,067	27,256	68,250
`490/1`	8,590	12,292	10,561	11,060	6,396	4,646	4,099	3,727	2,688	3,434	3,957	3,809	940	3,553	2,870	2,575	2,278	2,460	644	1,363
Balance sheet: equity and liabilities
`10/49`	5.2m	4.9m	2.5m	2.5m	2.2m	2.2m	2.2m	1.3m	1.2m	957,766	919,612	993,901	630,764	584,051	512,428	417,956	349,510	348,395	296,136	108,035
`10/15`	3.5m	3.3m	2.0m	2.1m	2.0m	2.1m	2.0m	1.1m	762,972	596,766	514,855	436,644	349,511	260,510	191,918	114,399	260,494	229,159	164,500	98,850
`10/11`	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000	25,000
`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	18,800	18,800	18,800	18,800	18,800	18,800	18,800
`13`	3.5m	3.3m	1.9m	2.0m	1.9m	2.1m	2.0m	1.1m	737,972	571,766	489,855	411,644	324,511	254,310	185,718	108,199	254,294	222,959	158,300	92,650
`130/1`	-	-	-	0	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500	2,500
`1311`	-	-	-	0	2,500	2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	3.5m	3.3m	1.9m	2.0m	1.9m	2.1m	2.0m	1.1m	735,472	569,266	487,355	409,144	322,011	251,810	183,218	105,699	251,794	220,459	155,800	90,150
`14`	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	1.6m	1.5m	571,883	462,992	246,106	115,723	165,209	201,760	418,442	361,000	404,757	557,257	281,253	323,541	320,511	303,557	89,017	119,236	131,636	9,185
`17`	-	-	0	100,000	70,000	5,221	5,221	60,221	60,221	282,724	348,424	217,498	224,786	230,958	212,500	23,071	49,511	74,658	98,574	-
`170/4`	-	-	0	100,000	70,000	-	-	-	-	-	-	4,998	12,286	18,458	-	23,071	49,511	74,658	98,574	-
`178/9`	-	-	-	-	-	5,221	5,221	60,221	60,221	282,724	348,424	212,500	212,500	212,500	212,500	-	-	-	-	-
`42/48`	1.6m	1.5m	564,251	356,789	173,531	110,290	153,784	136,028	344,316	77,354	56,309	314,615	42,418	77,070	107,808	278,905	38,583	44,298	32,967	8,505
`42`	-	-	-	-	-	-	-	-	-	-	4,998	7,288	7,045	6,742	23,071	26,441	25,147	23,916	22,745	-
`43`	795	3,597	29	96	4,727	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	-	0	29	96	4,727	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`439`	795	3,597	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	8,332	3,830	5,405	62,349	1,520	9,369	6,032	13,032	4,825	27,757	6,335	31,528	4,837	660	3,886	3,931	1,499	2,875	2,318	1,902
`440/4`	8,332	3,830	5,405	62,349	1,520	9,369	6,032	13,032	4,825	27,757	6,335	31,528	4,837	660	3,886	3,931	1,499	2,875	2,318	1,902
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	-	-	-	-
`45`	269,499	244,367	70,550	76,156	34,534	100,449	142,969	88,394	56,786	34,121	17,657	18,916	3,017	44,709	73,488	29,913	4,683	6,703	7,903	6,603
`450/3`	266,659	241,527	66,045	73,316	31,694	97,609	140,129	85,554	53,946	31,281	17,657	18,916	3,017	44,709	73,488	29,913	4,683	6,703	7,903	6,603
`454/9`	2,840	2,840	4,505	2,840	2,840	2,840	2,840	2,840	2,840	2,840	-	-	-	-	-	-	-	-	-	-
`47/48`	1.3m	1.3m	488,267	218,188	132,750	472	4,783	34,603	282,705	15,476	27,320	256,884	27,519	19,957	7,363	218,620	7,255	10,805	-	-
`492/3`	57,290	24,328	7,632	6,203	2,575	212	6,204	5,511	13,905	922	24	25,144	14,048	15,513	203	1,581	922	280	96	680
Income statement
`76A`	0	16,000	-	-	-	-	-	7,185	11,415	-	-	1,970	-	5,324	-	-	-	-	-	-
`9900`	523,704	383,847	433,824	396,720	202,418	175,579	290,088	233,863	224,239	181,760	172,822	173,439	141,944	138,851	150,296	174,328	68,058	119,096	111,748	62,949
`630`	27,242	22,340	15,269	17,819	29,325	27,644	27,944	28,372	31,410	23,014	19,707	15,390	14,965	15,390	10,892	7,613	7,857	9,582	7,621	7,018
`640/8`	2,824	3,530	3,287	2,954	2,960	3,130	3,045	3,732	4,043	2,323	1,811	1,331	2,320	2,247	1,913	1,319	2,162	1,963	1,538	572
`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,152	-	1,883	-	-	-
`9901`	493,638	357,976	415,268	375,947	170,133	144,805	259,099	201,760	188,786	156,423	151,304	156,718	124,659	121,215	137,491	165,396	58,039	107,551	102,589	55,359
`75/76B`	7,259	2.6m	6,818	2,603	3,755	805	803,247	268,134	73,349	933	1,910	2,496	2,140	866	852	568	1,341	2,082	894	1,079
`75`	7,259	2.6m	6,818	2,603	3,755	805	803,247	268,134	1,545	933	1,910	2,496	2,140	866	852	568	1,341	2,082	894	1,079
`76B`	-	-	-	-	-	-	-	-	71,804	-	-	-	-	-	-	-	-	-	-	-
`65/66B`	59,335	326,732	9,425	6,861	3,411	717	3,126	4,720	14,301	15,902	19,873	12,143	15,363	16,455	10,324	5,774	6,548	6,081	1,775	183
`65`	59,335	26,732	9,425	6,861	3,411	717	3,126	4,720	14,301	15,902	19,873	12,143	15,363	16,455	10,324	5,774	6,548	6,081	1,775	183
`66B`	0	300,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	441,563	2.6m	412,661	371,689	170,477	144,894	1.1m	465,174	247,834	141,453	133,341	149,041	111,436	110,950	124,866	160,190	50,949	103,552	101,707	56,255
`67/77`	147,162	317,583	136,376	123,989	61,056	51,813	171,197	101,197	81,629	59,542	55,130	61,908	41,234	42,357	47,348	56,285	19,614	38,893	36,057	20,115
`9904`	294,401	2.3m	276,285	247,700	109,422	93,081	888,023	363,977	166,205	81,911	78,210	87,133	70,201	68,593	77,518	103,906	31,335	64,659	65,651	36,140
`9905`	294,401	2.3m	276,285	247,700	109,422	93,081	888,023	363,977	166,205	81,911	78,210	87,133	70,201	68,593	77,518	103,906	31,335	64,659	65,651	36,140
Appropriation of the result
`9906`	294,401	2.3m	276,285	247,700	109,422	93,081	888,023	363,977	166,205	81,911	78,210	87,133	70,201	68,593	77,518	103,906	31,335	64,659	65,651	36,140
`791/2`	93,081	888,023	363,977	166,205	247,255	-	-	-	-	-	-	-	-	-	-	250,000	-	-	-	-
`691/2`	294,401	2.3m	276,285	247,700	109,422	93,081	888,023	363,977	166,205	81,911	78,210	87,133	70,201	68,593	77,518	103,906	31,335	64,659	65,651	36,140
`691`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`6921`	294,401	2.3m	276,285	247,700	109,422	93,081	888,023	363,977	166,205	81,911	78,210	87,133	70,201	68,593	77,518	103,906	31,335	64,659	65,651	36,140
`694/7`	93,081	888,023	363,977	166,205	247,255	-	-	-	-	-	-	-	-	-	-	250,000	-	-	-	-
`694`	93,081	888,023	363,977	166,205	247,255	-	-	-	-	-	-	-	-	-	-	250,000	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	10-07-2026	2026-00279038	PDF
31-12-2024	micro format	15-07-2025	2025-00269673	PDF
31-12-2023	micro format	14-06-2024	2024-00135939	PDF
31-12-2022	abbreviated format	11-07-2023	2023-00222896	PDF
31-12-2021	abbreviated format	07-06-2022	2022-20047975	PDF
31-12-2020	micro format	30-08-2021	2021-57900267	PDF
31-12-2019	micro format	29-06-2020	2020-21500452	PDF
31-12-2018	micro format	03-07-2019	2019-28000205	PDF
31-12-2017	micro format	25-07-2018	2018-37000200	PDF
31-12-2016	micro format	03-07-2017	2017-28000080	PDF
31-12-2015	abbreviated format	27-07-2016	2016-37200167	PDF
31-12-2014	abbreviated format	24-07-2015	2015-33500228	PDF
31-12-2013	abbreviated format	22-08-2014	2014-44500093	PDF
31-12-2012	abbreviated format	21-06-2013	2013-20500261	PDF
31-12-2011	abbreviated format	12-07-2012	2012-28200365	PDF
31-12-2010	abbreviated format	14-07-2011	2011-28900275	PDF
31-12-2009	abbreviated format	28-06-2010	2010-25900206	PDF
31-12-2008	abbreviated format	12-06-2009	2009-21700240	PDF
31-12-2007	abbreviated format	03-11-2008	2008-80100377	PDF
31-12-2006	abbreviated format	31-08-2007	2007-66300057	PDF
31-12-2005	abbreviated format	27-07-2006	2006-53500714	PDF
31-12-2004	abbreviated format	29-07-2005	2005-58300620	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
520,880	380,317	430,537	393,766	199,458	172,449	287,043	230,132	220,196	179,437	171,011	172,108	139,624	136,605	148,383	173,010	65,896	117,133	110,210	62,377
321,643	2.3m	291,554	265,519	138,747	120,725	915,967	392,349	197,615	104,926	97,918	102,524	85,166	83,983	88,410	111,519	39,192	74,241	73,271	43,158
0	4.1m	0	9,419	12,111	9,971	1.2m	303,887	395,882	45,387	22,299	270,637	6,623	81,387	171,220	56,935	22,333	80,860	158,264	31,665
331,157	49,334	-182,125	231,586	37,200	-40,495	109,111	-113,883	-1,808	60,759	-116,471	98,634	49,509	-293	-52,256	68,670	9,195	811	-40,993	-
-630,023	-891,548	22,824	193,818	70,295	116,359	11,597	-65,545	-152,247	119,920	123,539	-72,041	76,472	-13,234	-45,540	-163,233	59,465	55,311	85,661	72,665
68.8%	68.4%	77.4%	81.6%	88.9%	94.8%	92.4%	84.8%	64.6%	62.3%	56.0%	43.9%	55.4%	44.6%	37.5%	27.4%	74.5%	65.8%	55.5%	91.5%
0.59	0.41	1.04	1.54	1.41	2.06	1.08	0.52	0.56	2.55	3.19	0.77	2.80	0.83	0.58	0.41	2.54	2.25	3.60	9.54
0.45	0.46	0.29	0.23	0.12	0.05	0.08	0.18	0.55	0.60	0.79	1.28	0.80	1.24	1.67	2.65	0.34	0.52	0.80	0.09
8.3%	67.8%	14.1%	12.1%	5.6%	4.4%	44.1%	32.3%	21.8%	13.7%	15.2%	20.0%	20.1%	26.3%	40.4%	90.8%	12.0%	28.2%	39.9%	36.6%
5.7%	46.3%	10.9%	9.9%	4.9%	4.2%	40.7%	27.4%	14.1%	8.6%	8.5%	8.8%	11.1%	11.7%	15.1%	24.9%	9.0%	18.6%	22.2%	33.5%
8.78	14.23	45.68	57.39	58.48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€94,897	-	€9,419	€12,111
Financial fixed assets	-	€4.1m	-	-	-
	€27,242	€22,340	€15,269	€17,819	€29,325

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VITHE

The operating result for 2025 is 38% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 31.6% to 31.2%. Equity and debt are higher.

Board & ownership

Board

2 directors, last change in 2023

VIDTS Dirk Marcel Virginie

Statutory director

since 07-01-2004 term without a fixed end

earlier statutory manager, until 20-10-2022

listed in the 2025 annual accounts, filed on 10-07-2026

Anita Thevissen

Director (not named in the articles)

since 01-01-2023 term without a fixed end

listed in the 2025 annual accounts, filed on 10-07-2026

Signing authority: Each director alone
deed of 20-10-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

VIDTS Dirk Marcel Virginie
Statutory director

Anita Thevissen
Director (not named in the articles)

BoardEarliermandate already running before its first mention

Mandates as a list

VIDTS Dirk Marcel Virginie
- Statutory director, from 07-01-2004 to date
- Statutory manager, until 20-10-2022
Anita Thevissen
- Director (not named in the articles), from 01-01-2023 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution: €25,000
Source: 2025 annual accounts

Articles of association

deed of 20-10-2022 (in Dutch)

Duration: Unlimited
Board rule: At least 1 director
Share issue rule: “Eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen, orgaan dat overgaat tot uitgifte bepaalt opening en tijdvak”
Annual meeting: First Saturday of June at 18:00

Network & group

Holdings

own 2025 accounts, the bar shows equity in euros

This companyVITHE2 holdings, 1 country 2025 accounts

Belgium 2 Equity Result

BE Uniflex66.09% €6.1m result €11,045
BE Olmeca BV99.51% €100,879 result €1,181

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

2 holdings

Share, source and own figures per holding (2)

Source for every holding own accounts 2025

OLMECAsubsidiary
Equity €100,879 Profit of €1,181 in 2025 (profit of €4,502 in 2024) Checked score 95

99.51%
Uniflexsubsidiary
Equity €6.1m Profit of €11,045 in 2025

66.09%+ 0% via subsidiaries

Holdings through the years 2007 to 2025

Holdings through the years
Name	2007	2008	2010	2011	2014	2015	2016	2017	2018	2019	2020	2024	2025
OLMECA 2007 to 2009: 10% 2010: 11.81% 2011 to 2013: 16.28% 2014: 20.97% 2015: 20.96% 2016: 19.06% 2017: 25.34% 2018: 25.33% 2019: 25.29% 2020 to 2023: 43.55% 2024 to 2025: 99.51%	10%		11.81%	16.28%	20.97%	20.96%	19.06%	25.34%	25.33%	25.29%	43.55%	99.51%
Uniflex 2024: 80.09% 2025: 66.09%												80.09%	66.09%
Flexilis 2018: 33.33% 2019: 26.53% 2020 to 2023: 38.73%									33.33%	26.53%	38.73%
GK Holding 2008: 3.5%		3.5%

Source: list of holdings in its own accounts

Board mandates elsewhere

3 board mandates

Board mandates of VITHEVITHE sits on their board3

BeuginGaray Benelux

Director

Founded in 2019 · 7.7 FTE (2025) · negative equity

HANNECARD

Director, Managing director

Founded in 2007 · 6.1 FTE (2025)

HANNECARD BENELUX

Director

Founded in 2018 · 83 FTE (2025) · group HANNECARD

Connections & network

2 current directors

Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet

Timeline

37 events since 2004

Board

Filings

Financial

Establishments

200420062008201020122014201620182020202220242026

Deadline for the 2026 accounts: 31-07-2027

2026

10-07-2026

Annual accounts 2025 filed NBBmicro format · 21 days before the deadline

2025

15-07-2025

Annual accounts 2024 filed PDFmicro format · 16 days before the deadline

06-03-2025

Registered in the Peppol Directory Reachable for e-invoices through 0208:0862498858

2024

31-12-2024

Highest result from 2006 to 2025 net €2.3m ▲720% The net result of €2.3m is the highest of those years.

14-06-2024

Annual accounts 2023 filed PDFmicro format · 47 days before the deadline

2023

11-07-2023

Annual accounts 2022 filed PDFabbreviated format · 20 days before the deadline

13-03-2023

Appointment: Anita Thevissen (director)General meeting of 16-01-20232 points ▸

General meeting, 16-01-2023
Director appointment, Anita Thevissen (director (not named in the articles))

Open the deed in the Belgian Official Gazette

2022

20-10-2022

Change of role: VIDTS Dirk Marcel Virginie, from statutory manager to statutory directorReappointment: VIDTS Dirk Marcel Virginie (statutory director) · “Het maken en verhandelen van kunstwerken; De aan- en verkoop,de klein- en groothandel,de import en export van…” (deed in Dutch) · General meeting of 14-10-20228 points ▸

General meeting, 14-10-2022
2,500 shares
Director appointment, VIDTS Dirk Marcel Virginie (statutory director)
Director resignation, VIDTS Dirk Marcel Virginie (statutory manager)
Director reappointment, VIDTS Dirk Marcel Virginie (statutory director)
Registered office clause, Elzeelsesteenweg 599, 9600 Ronse
Purpose change, “Het maken en verhandelen van kunstwerken; De aan- en verkoop,de klein- en groothandel,de import en export van kunstwerken; Het organiseren van…” (deed in Dutch)
Amendment of the articles, article 3
The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

07-06-2022

Annual accounts 2021 filed PDFabbreviated format · 54 days before the deadline

2021

30-08-2021

Annual accounts 2020 filed PDFmicro format · 30 days late

2020

29-06-2020

Annual accounts 2019 filed PDFmicro format · 32 days before the deadline

2019

31-12-2019

Liquidity more than doubled current ratio 1.08 The current ratio rises from 0.52 to 1.08.

31-12-2019

Equity above €2m equity €2.0m ▲78.8% Equity rises from €1.1m to €2.0m.

03-07-2019

Annual accounts 2018 filed PDFmicro format · 28 days before the deadline

2018

31-12-2018

Equity above €1m equity €1.1m ▲47.7% Equity rises from €762,972 to €1.1m.

25-07-2018

Annual accounts 2017 filed PDFmicro format · 6 days before the deadline

2017

03-07-2017

Annual accounts 2016 filed PDFmicro format · 28 days before the deadline

2016

27-07-2016

Annual accounts 2015 filed PDFabbreviated format · 4 days before the deadline

2015

31-12-2015

Liquidity more than quadruples current ratio 3.19 The current ratio rises from 0.77 to 3.19. Short-term debt falls from €314,615 to €56,309.

31-12-2015

Equity above €500,000 equity €514,855 ▲17.9% Equity rises from €436,644 to €514,855.

24-07-2015

Annual accounts 2014 filed PDFabbreviated format · 7 days before the deadline

2014

22-08-2014

Annual accounts 2013 filed PDFabbreviated format · 22 days late

2013

31-12-2013

Liquidity more than triples current ratio 2.80 The current ratio rises from 0.83 to 2.80. Short-term debt falls from €77,070 to €42,418.

21-06-2013

Annual accounts 2012 filed PDFabbreviated format · 40 days before the deadline

2012

12-07-2012

Annual accounts 2011 filed PDFabbreviated format · 19 days before the deadline

2011

14-07-2011

Annual accounts 2010 filed PDFabbreviated format · 17 days before the deadline

2010

28-06-2010

Annual accounts 2009 filed PDFabbreviated format · 33 days before the deadline

2009

31-12-2009

Weakest financial year net €31,335 ▼51.5% The net result drops to €31,335, the lowest from 2006 to 2025. It recovers the following year.

12-06-2009

Annual accounts 2008 filed PDFabbreviated format · 49 days before the deadline

2008

31-12-2008

Equity above €200,000 equity €229,159 ▲39.3% With a profit in every financial year since 2006, equity grows to €229,159.

03-11-2008

Annual accounts 2007 filed PDFabbreviated format · 95 days late

2007

31-12-2007

Equity above €150,000 equity €164,500 ▲66.4% With a profit in every financial year since 2006, equity grows to €164,500.

31-08-2007

Annual accounts 2006 filed PDFabbreviated format · 31 days late

2006

27-07-2006

Annual accounts 2005 filed PDFabbreviated format

2005

29-07-2005

Annual accounts 2004 filed PDFabbreviated format

2004

07-01-2004

Incorporation PDFpublished on 15-01-2004

07-01-2004

First establishment Elzeelsesteenweg 599, Ronse

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

On 7 January 2004, VITHE was incorporated.¹ Total assets went from €1.3m in 2018 to €5.2m in 2025.²

Company details

Identity

Enterprise number: 0862.498.858
VAT number: BE 0862.498.858
Peppol ID: 0208:0862498858
Other Peppol ID: 9925:BE0862498858
Legal form: Private limited company
Status: Active, normal situation
Founded: 07-01-2004
Financial year: ends on 31 December
Annual meeting: First Saturday of June at 18:00
deed of 20-10-2022 (in Dutch)
Peppol: Reachable since 06-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name: VITHE in Dutch
Entity type: Legal entity
Duration: Unlimited
deed of 20-10-2022 (in Dutch)
Registered office clause: “Vlaams Gewest”
deed of 20-10-2022 (in Dutch)

Activities

NACEBEL 2025

70200 Business and other management consultancy main activity

47690 Retail sale of other cultural and recreation goods

47791 Retail sale of antiques

82300 Organisation of conventions and trade shows

90120 Visual arts creation

90391 Promotion and organisation of arts and performing arts events

Codes under NACEBEL 2008

70220 Business consulting main activity

47787 Retail trade

47791 Retail trade

82300 Organisation of conventions and trade shows

90021 Arts creation and performing arts activities

90032 Arts creation and performing arts activities

Codes under NACEBEL 2003

74142 main activity

Purpose: “Het uitvoeren van alle vormen van research,controle- en ontwikkelingswerken op rubber en polyurethaan; Het verwerven,voor eigen…”
8 activities
Het uitvoeren van alle vormen van research,controle- en ontwikkelingswerken op rubber en polyurethaan;
Het verwerven,voor eigen rekening,door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of op te richten vennootschappen.
Het waarnemen van bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen en ondernemingen;
Het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,verkavelen van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen.
Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering;
Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm,de borgstelling voor derden en het verlenen van aval in de meest ruime zin,in dit kader kan de vennootschap alle handels- en financiële operaties verrichten,behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriele duurzame activa;
Het verlenen van managementadviezen aan bedrijven,het verlenen van adviezen van financiële,technische,commerciële of administratieve aard in de ruimste zin,met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen.
deed of 20-10-2022 (in Dutch)

Registered office and establishments

1 establishment

Establishment	Since	Unit number
Elzeelsesteenweg 599 registered office 9600 Ronse 47690 Retail sale of other cultural and recreation goods	07-01-2004	2.148.781.414

Buildings and parcels at the address

Ground area: 7,176 m²
Buildings: 325 m²
Volume, LiDAR: 1,879 m³
Tallest building: 9.2 m

Buildings to scale, each on its own parcel

registered office establishment The establishment unit on the map

Parcels

Cadastral parcel	Area	Buildings	Height / floors
45422C1395/00E000	7,176 m²	1 · 325 m²	9.2 m · 2

Overview

Lifetime

Key points

Equity

Result

Position in the sector

Checked score

Score breakdown

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on VITHE

Financials

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency68.8%

Current ratio0.59

Return on assets5.7%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on VITHE

Board & ownership

Board

Mandates through the years

Control

Capital

Articles of association

Network & group

Holdings

Belgium 2 Equity Result

Holdings and subsidiaries

Holdings 2

Board mandates elsewhere

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

in €m

in euro

68.8%

0.59

5.7%