VITIELLO
ActiveVITIELLO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €729k and a net result of €135k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 62% of 668 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+2
Solvency90▲+3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.56 in 2024), and 44% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56%
Return on assets
10.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
35 d early
2022
27 d early
2021
3 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€135k▲ 2.2%
2024 · €132k
2018: €686k
2019: €533k
2020: €177k
2021: €15k
2022: €4k
2023: €34k
2024: €132k
2018 → 2025
Working capital
€392k▲ 21.9%
2024 · €322k
2018: €31k
2019: €19k
2020: €50k
2021: €112k
2022: €173k
2023: €223k
2024: €322k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€755k-€729k▼ 3.5%€729k=€728k▼ 0.1%€729k▲ 0.1%
Operating result€20k-€3k▼ 86.3%€40k▲ 1,378%€132k▲ 232%€135k▲ 1.8%
Net result€15k-€4k▼ 69.6%€34k▲ 650%€132k▲ 294%€135k▲ 2.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€338k▼ 23.0%
Current assets
€964k▲ 8.1%
Equity and liabilities €1.30M
Equity
€729k▲ 0.1%
Debt
€573k▼ 4.8%
The debt ratio falls from 45.2% to 44.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€277k▲
2024 · €274k
Cash flow
€277k▲
2024 · €274k
Solvency
56.0%▲
2024 · 54.8%
Current ratio
1.69▲
2024 · 1.56
Quick ratio
1.55▲
2024 · 1.55
Debt / equity
0.79▼
2024 · 0.83
ROE
18.5%▲
2024 · 18.2%
ROA
10.4%▲
2024 · 9.9%
Interest coverage
50.09▼
2024 · 59.39
Debt
€573k▼
2024 · €602k
Debt ≤ 1 year
€572k▲
2024 · €570k
Income taxes
€16k▼
2024 · €19k
Staff costs
€544k▲
2024 · €474k
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€1.33M€1.30M▼
Fixed assets21/28€438k€338k▼
Tangible fixed assets22/27€437k€336k▼
Land and buildings22€331k€257k▼
Plant, machinery and equipment23€27k€42k▲
Furniture and vehicles24€16k€17k▲
Leasing and similar rights25€63k€21k▼
Financial fixed assets28€1k€1k=
Current assets29/58€892k€964k▲
Stocks and contracts in progress3€11k€77k▲
Stocks30/36€11k€11k▲
Contracts in progress37-€66k
Amounts receivable within one year40/41€414k€192k▼
Trade receivables40€221k€141k▼
Other amounts receivable41€193k€51k▼
Cash at bank and in hand54/58€459k€679k▲
Deferred charges and accrued income490/1€8k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.30M▼
Equity10/15€728k€729k▲
Contributions10/11€155k€155k=
Capital10€130k€130k=
Issued capital100€130k€130k=
Outside capital11€25k€25k=
Share premium1100/10€25k€25k=
Revaluation surpluses12€75k€37k▼
Reserves13€464k€502k▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€449k€486k▲
Profit (loss) carried forward14€32k€32k▲
Investment grants15€2k€3k▲
Amounts payable17/49€602k€573k▼
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€570k€572k▲
Current portion of amounts payable after more than one year42€46k€21k▼
Trade debts44€123k€103k▼
Suppliers440/4€123k€103k▼
Advances received on contracts in progress46-€107k
Taxes, remuneration and social security45€76k€88k▲
Taxes450/3€20k€18k▼
Remuneration and social security454/9€56k€71k▲
Other amounts payable47/48€325k€253k▼
Accrued charges and deferred income492/3€13k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€474k€544k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€142k▼
Other operating charges640/8€23k€26k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€772k€847k▲
Operating profit (loss)9901€132k€135k▲
Financial income75/76B€23k€22k▼
Recurring financial income75€23k€22k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€151k€151k▲
Income taxes67/77€19k€16k▼
Profit (loss) for the period9904€132k€135k▲
Profit (loss) for the period to be appropriated9905€132k€135k▲
Appropriation of the result
Profit (loss) to be appropriated9906€164k€167k▲
Profit (loss) brought forward from the previous period14P€32k€32k▲
Profit to be distributed694/7€132k€135k▲
Directors or managers695€132k€135k▲
Social balance
Average headcount (FTE)90877.38.1▲
The notes to these accounts (15 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
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Weakest financial yearnet €4k ▼69.6%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
FINANCIERE DE GESTION
CurrentDirector (executive) · since 12-12-2023 · Legal entity · perm. rep.: VITIELLO Philippe
12-12-2023
FINANCIERE DE GESTION: Resigned as Director (executive)
12-12-2023
FINANCIERE DE GESTION: Appointed as Director (executive)
12-12-2023
VITIELLO Philippe Jean Ghislain: Resigned as Director (executive)
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 1991
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.
Rue Nazareth 114651 HerveGround area
1.8 ha
Building footprint
2,886 m²
Volume, LiDAR
20,119 m³
Parcel 63006D0328/00G003, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VITIELLO
since 19912.102.815.785
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006D0328/00G003 | Wallonia | 1.8 ha | 1 · 2,886 m² | 7.7 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.
Similar companies · same sector, comparable size
TUBEL
BE 0695.901.160
Maasmechelen · Eq €729k
IFSC
BE 0817.306.756
Diepenbeek · Eq €729k
MK METAAL
BE 0765.175.194
Tongeren-Borgloon · Eq €730k
HALMES Constructions
BE 0637.837.554
Büllingen · Eq €726k
ON TIME METALWORKS
BE 0727.728.642
Hasselt · Eq €735k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,445 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1991
Fiscal year end30-09
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
28120
28520
32990Other manufacturing not elsewhere classified
33110Repair and maintenance of fabricated metal products
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.