VITIS
ActiveSummary
VITIS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125.9m and a net result of €4.1m. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 83% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+6
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 7.49 against 7.94 in 2024; short-term debt: 12.8% and cash: 0.3% of total assets), and 12.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
87.2%
Return on assets
2.8%
Age of the figures
9 mo
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
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
14 d early
2023
13 d early
2022
21 d early
2021
20 d early
2020
24 d late
2020
31 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 5 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 company by equity in Tournai, Professional and technical services sector#7 company by total assets in Tournai, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4.1m
2024 · -€2.7m
Working capital
€120.3m▲ 0.2%
2024 · €120.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€843,537▼ 138%-€434,710▲ 48.5%-€581,880▼ 33.9%-€389,704▲ 33.0%-€680,861▼ 74.7%
Net result€1.5mabove the sector's middle half▲ 146%€1.5mabove the sector's middle half▲ 1.3%-€1.2mbelow the sector's middle half-€2.7mbelow the sector's middle half▼ 125%€4.1mabove the sector's middle half
Equity€135.7mabove the sector's middle half▲ 1.1%€133.7mabove the sector's middle half▼ 1.5%€132.5mabove the sector's middle half▼ 0.9%€125.9mabove the sector's middle half▼ 5.0%€125.9mabove the sector's middle half▲ 0.1%
Total assets€141.2mabove the sector's middle half▲ 3.2%€139.0mabove the sector's middle half▼ 1.5%€145.6mabove the sector's middle half▲ 4.7%€143.2mabove the sector's middle half▼ 1.7%€144.4mabove the sector's middle half▲ 0.9%
Debt€5.5m▲ 116%€5.3m▼ 3.3%€13.0m▲ 145%€17.3m▲ 32.8%€18.5m▲ 7.1%
Working capital€126.6mabove the sector's middle half▲ 0.7%€124.4mabove the sector's middle half▼ 1.7%€126.8mabove the sector's middle half▲ 1.9%€120.1mabove the sector's middle half▼ 5.3%€120.3mabove the sector's middle half▲ 0.2%
Solvency96.1%above the sector's middle half▼ 2.0pp96.2%above the sector's middle half▲ 0.1pp91.1%above the sector's middle half▼ 5.1pp87.9%above the sector's middle half▼ 3.1pp87.2%above the sector's middle half▼ 0.7pp
Current ratio25.00above the sector's middle half▼ 35.8024.42above the sector's middle half▼ 0.5810.74above the sector's middle half▼ 13.687.94above the sector's middle half▼ 2.797.49above the sector's middle half▼ 0.45
Return on assets (ROA)1.0%within the sector's middle half▲ 0.6pp1.1%within the sector's middle half=-0.8%below the sector's middle half▼ 1.9pp-1.9%below the sector's middle half▼ 1.1pp2.8%within the sector's middle half▲ 4.7pp
Staff (FTE)0.4below the sector's middle half0.4below the sector's middle half=0below the sector's middle half▼ 100%0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +146% on 2020. The previous fiscal year ran 6 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €680,861 in 2025 against €389,704 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144.4m
Fixed assets
€5.6m ▼ 2.7%
Current assets
€138.8m ▲ 1.1%
Equity and liabilities €144.4m
Equity
€125.9m ▲ 0.1%
Debt
€18.5m ▲ 7.1%
Debt's share of the balance-sheet total rises from 12.1% to 12.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
-€663,509▼
2024 · -€372,916
Cash flow
€4.1m▲
2024 · -€2.7m
Debt to equity
0.15▲
2024 · 0.14
ROE
3.2%▲
2024 · -2.1%
Interest coverage
-0.89▼
2024 · -0.66
Debt ≤ 1 year
€18.5m▲
2024 · €17.3m
Income taxes
€801,327▲
2024 · €275,975
Staff costs
€133▼
2024 · €36,680
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 139 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 92% are still going.
- Large
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0%
went bankrupt
7.9%
stopped otherwise
92%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €25,984 | €29,062 | €31,861 | €36,680 | €133 | ▼ 99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,787 | €16,787 | €16,787 | €16,787 | €17,353 | ▲ 3.4% |
| Other operating charges640/8 | €868 | €868 | €960 | €4,425 | €1,105 | ▼ 75.0% |
| Non-recurring operating charges66A | - | - | - | - | €202,058 | - |
| Gross operating margin9900 | -€799,897 | -€387,993 | -€532,272 | -€331,811 | -€460,213 | ▼ 38.7% |
| Operating profit (loss)9901 | -€843,537 | -€434,710 | -€581,880 | -€389,704 | -€680,861 | ▼ 74.7% |
| Financial income75/76B | €3.4m | €2.9m | €6.9m | €3.2m | €6.3m | ▲ 94.0% |
| Recurring financial income75 | €3.4m | €2.9m | €6.9m | €3.2m | €6.1m | ▲ 87.0% |
| Non-recurring financial income76B | €0 | - | €60,000 | €0 | €229,480 | - |
| Financial charges65/66B | €512,016 | €149,547 | €7.5m | €5.3m | €746,223 | ▼ 85.8% |
| Recurring financial charges65 | €512,016 | €149,547 | €2.1m | €561,406 | €746,223 | ▲ 32.9% |
| Non-recurring financial charges66B | - | - | €5.5m | €4.7m | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €2.0m | €2.3m | -€1.2m | -€2.4m | €4.9m | ▲ 302% |
| Income taxes67/77 | €553,093 | €826,443 | -€19,744 | €275,975 | €801,327 | ▲ 190% |
| Profit (loss) for the period9904 | €1.5m | €1.5m | -€1.2m | -€2.7m | €4.1m | ▲ 251% |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €1.5m | -€1.2m | -€2.7m | €4.1m | ▲ 251% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €141.2m | €139.0m | €145.6m | €143.2m | €144.4m | ▲ 0.9% |
| Fixed assets21/28 | €9.3m | €9.3m | €5.7m | €5.8m | €5.6m | ▼ 2.7% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €1.6m | €1.5m | €1.5m | ▼ 0.6% |
| Land and buildings22 | €1.6m | €1.6m | €1.6m | €1.5m | €1.5m | ▼ 0.6% |
| Financial fixed assets28 | €7.7m | €7.7m | €4.1m | €4.2m | €4.1m | ▼ 3.5% |
| Current assets29/58 | €131.9m | €129.7m | €139.9m | €137.4m | €138.8m | ▲ 1.1% |
| Amounts receivable within one year40/41 | €71.1m | €78.5m | €67.7m | €65.5m | €116.5m | ▲ 77.9% |
| Trade receivables40 | €7,792 | €120,955 | €0 | €24,252 | €30,400 | ▲ 25.4% |
| Other amounts receivable41 | €71.1m | €78.4m | €67.7m | €65.4m | €116.4m | ▲ 77.9% |
| Current investments50/53 | €59.6m | €50.6m | €71.9m | €69.3m | €21.8m | ▼ 68.5% |
| Cash at bank and in hand54/58 | €1.2m | €641,818 | €270,922 | €2.5m | €428,732 | ▼ 82.8% |
| Deferred charges and accrued income490/1 | €14,481 | €115 | €60,633 | €108,900 | €108,005 | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €141.2m | €139.0m | €145.6m | €143.2m | €144.4m | ▲ 0.9% |
| Equity10/15 | €135.7m | €133.7m | €132.5m | €125.9m | €125.9m | ▲ 0.1% |
| Contributions10/11 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Reserves13 | €134.0m | €132.0m | €130.8m | €124.1m | €124.2m | ▲ 0.1% |
| Non-distributable reserves130/1 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves not available under the articles1311 | €24,200 | €24,200 | €24,200 | €24,200 | €24,200 | = |
| Own shares acquired1312 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Distributable reserves133 | €132.7m | €130.7m | €129.5m | €122.8m | €122.9m | ▲ 0.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €5.5m | €5.3m | €13.0m | €17.3m | €18.5m | ▲ 7.1% |
| Amounts payable after more than one year17 | €220,412 | €0 | - | - | - | - |
| Financial debts170/4 | €220,412 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €5.3m | €5.3m | €13.0m | €17.3m | €18.5m | ▲ 7.1% |
| Current portion of amounts payable after more than one year42 | €218,337 | €220,412 | €0 | - | - | - |
| Financial debts43 | €4.6m | €2.9m | €12.7m | €13.0m | €13.8m | ▲ 6.3% |
| Credit institutions430/8 | €4.6m | €2.9m | €12.7m | €13.0m | €13.8m | ▲ 6.3% |
| Trade debts44 | €173,113 | €13,850 | €63,543 | €54,854 | €13,262 | ▼ 75.8% |
| Suppliers440/4 | €173,113 | €13,850 | €63,543 | €54,854 | €13,262 | ▼ 75.8% |
| Taxes, remuneration and social security45 | €23,300 | €436,093 | €36,658 | €48,358 | €0 | ▼ 100% |
| Taxes450/3 | €16,476 | €430,839 | €31,803 | €48,358 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €6,823 | €5,254 | €4,855 | €0 | - | - |
| Other amounts payable47/48 | €261,650 | €1.8m | €265,103 | €4.2m | €4.7m | ▲ 11.8% |
| Accrued charges and deferred income492/3 | - | - | - | €960 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.5m | €1.5m | -€1.2m | -€2.7m | €4.1m | ▲ 251% |
| + Depreciation and write-downs630 | €16,787 | €16,787 | €16,787 | €16,787 | €17,353 | ▲ 3.4% |
| Operating cash flow (approximation) | €1.5m | €1.5m | -€1.2m | -€2.7m | €4.1m | ▲ 253% |
| Investment in fixed assets (approximation) | - | -€10 | €3.6m | -€75,600 | €137,929 | ▲ 282% |
| Change in cash | - | -€580,652 | -€370,896 | €2.2m | -€2.1m | ▼ 193% |
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €4.1m
Net result €4.1m after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€2.7m
Net result drops to -€2.7m, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 24 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €603,134
Net result €603,134 after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 49.67
Current ratio from 14.59 to 49.67; short-term debt falls from €9.5m to €2.6m.
06-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 35 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
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, Tournai · 1 establishment unit since 2017
Ground area
934 m²
Building footprint
352 m²
Volume, LiDAR
2,081 m³
Parcel 57069C0256/00F000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VITIS
since 20172.263.726.513
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57069C0256/00F000 | Wallonia | 934 m² | 1 · 352 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300LBT7J1A9LLKT80
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 934 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
Founded15-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885714027
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.