VITHECO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €19.36M and a net result of €-74k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 49% of 2385 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
8 d early
2022
17 d early
2021
108 d early
2020
3 d early
2019
7 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, full schema
Equity
€19.36M▼ 0.4%
2024 · €19.44M
2018: €13.90M
2019: €14.92M
2020: €14.93M
2021: €14.94M
2022: €12.93M
2023: €16.93M
2024: €19.44M
2018 → 2025
Net result
€-74k
2024 · €2.51M
2018: €1.09M
2019: €1.02M
2020: €11k
2021: €14k
2022: €-13k
2023: €4.00M
2024: €2.51M
2018 → 2025
Total assets
€32.02M▲ 11.4%
2024 · €28.75M
2018: €17.82M
2019: €18.50M
2020: €18.47M
2021: €20.49M
2022: €21.84M
2023: €23.94M
2024: €28.75M
2018 → 2025
Solvency
60.5%▼ 7.1pp
2024 · 67.6%
2018: 78.0%
2019: 80.6%
2020: 80.8%
2021: 73.0%
2022: 59.2%
2023: 70.7%
2024: 67.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14.94M-€12.93M▼ 13.5%€16.93M▲ 30.9%€19.44M▲ 14.8%€19.36M▼ 0.4%
Operating result€-27k-€43k€4k▼ 89.8%€22k▲ 393%€-4k
Net result€14k-€-13k€4.00M€2.51M▼ 37.3%€-74k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €22k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32.02M
Fixed assets
€27.49M▲ 20.0%
Current assets
€4.52M▼ 22.5%
Equity and liabilities €32.02M
Equity
€19.36M▼ 0.4%
Debt
€12.66M▲ 35.9%
The debt ratio rises from 32.4% to 39.5%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
60.5%▼
2024 · 67.6%
ROE
-0.4%▼
2024 · 12.9%
ROA
-0.2%▼
2024 · 8.7%
Debt
€12.66M▲
2024 · €9.32M
Debt ≤ 1 year
€3.52M▲
2024 · €2.01M
Debt > 1 year
€9.12M▲
2024 · €7.30M
Income taxes
€946▲
2024 · €911
Staff costs
€23k▲
2024 · €22k
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€28.75M€32.02M▲
Fixed assets21/28€22.92M€27.49M▲
Intangible fixed assets21€23k€19k▼
Tangible fixed assets22/27€34k€34k▼
Land and buildings22€30k€19k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24-€11k
Other tangible fixed assets26€4k€4k=
Financial fixed assets28€22.86M€27.44M▲
Current assets29/58€5.83M€4.52M▼
Amounts receivable after more than one year29€5.36M€4.12M▼
Other amounts receivable291€5.36M€4.12M▼
Stocks and contracts in progress3€360k€360k=
Stocks30/36€360k€360k=
Amounts receivable within one year40/41€35k€29k▼
Trade receivables40€34k€28k▼
Other amounts receivable41€650€1k▲
Cash at bank and in hand54/58€67k€3k▼
Deferred charges and accrued income490/1€11k€11k▲
Equity and liabilities
Total equity and liabilities10/49€28.75M€32.02M▲
Equity10/15€19.44M€19.36M▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€19.34M€19.26M▼
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€19.33M€19.25M▼
Amounts payable17/49€9.32M€12.66M▲
Amounts payable after more than one year17€7.30M€9.12M▲
Financial debts170/4€3.14M€4.80M▲
Other amounts payable178/9€4.16M€4.33M▲
Amounts payable within one year42/48€2.01M€3.52M▲
Financial debts43-€1.50M
Credit institutions430/8-€1.00M
Other loans439-€500k
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€11k€13k▲
Taxes450/3€9k€10k▲
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€2.00M€2.00M=
Accrued charges and deferred income492/3€851€16k▲
Income statement
Code20242025
Non-recurring operating income76A€21k€0▼
Remuneration, social security and pensions62€22k€23k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€51k€29k▼
Operating profit (loss)9901€22k€-4k▼
Financial income75/76B€2.60M€83k▼
Recurring financial income75€107k€83k▼
Non-recurring financial income76B€2.49M€0▼
Financial charges65/66B€112k€153k▲
Recurring financial charges65€112k€153k▲
Profit (loss) for the period before taxes9903€2.51M€-73k▼
Income taxes67/77€911€946▲
Profit (loss) for the period9904€2.51M€-74k▼
Profit (loss) for the period to be appropriated9905€2.51M€-74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.51M€-74k▼
Transfer from equity791/2-€74k
Transfer to equity691/2€2.51M€0▼
To other reserves6921€2.51M€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-74k ▼103%
Net result drops to €-74k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €4.00M
Net result €4.00M after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 16.03
Current ratio from 5.94 to 16.03; short-term debt falls from €1.01M to €256k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Zandhoven · 1 establishment unit since 2001
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.
Vierselbaan 1112240 ZandhovenGround area
5.3 ha
Building footprint
1,122 m²
Volume, LiDAR
7,741 m³
Parcel 11054C0531/00R000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vierselbaan 111, 2240 Zandhoven
since 20012.097.766.639
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054C0531/00R000 | Flanders | 5.3 ha | 1 · 1,122 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 4,338 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-09-2000
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
65231
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.