VITIS BE
ActiveSummary
The computed 12-month bankruptcy probability of VITIS BE is 1.5% (moderate). The 2025 annual accounts show negative equity (-€12,203) and a net result of -€8,066. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 11502 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth41=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35; short-term debt: 282.3% and cash: 72.4% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-182.3%
Return on assets
-120.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222425
2018 to 2025 · latest year -€12,203
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 23-07-2026, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
8 d early
2024
28 d late
2022
17 d early
2021
11 d early
2020
24 d late
2019
38 d late
2018
28 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 12 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 July (4 of the last 5 filed years within 32 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, micro schema
Turnover
€27,036▼ 16.6%
2021 · €32,414
EBIT margin
5.7%▲ 51.4pp
2021 · -45.7%
Net result
-€8,066▼ 111%
2024 · -€3,828
Working capital
-€12,203▼ 195%
2024 · -€4,137
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20202021202220242025
Turnover€34,572▲ 22.7%€32,414▼ 6.2%€27,036▼ 16.6%
Operating result€11,668▲ 88.7%-€14,806€1,538-€3,667--€7,736▼ 111%
Net result€8,834within the sector's middle half▲ 44.5%-€15,192below the sector's middle half€1,574within the sector's middle half-€3,828within the sector's middle half--€8,066below the sector's middle half▼ 111%
EBIT margin33.8%▲ 11.8pp-45.7%▼ 79.4pp5.7%▲ 51.4pp
Equity€17,242within the sector's middle half▲ 105%€2,051below the sector's middle half▼ 88.1%€3,625below the sector's middle half▲ 76.8%-€4,137below the sector's middle half--€12,203below the sector's middle half▼ 195%
Total assets€25,137below the sector's middle half▲ 64.7%€24,137below the sector's middle half▼ 4.0%€8,871below the sector's middle half▼ 63.2%€2,994below the sector's middle half-€6,694below the sector's middle half▲ 124%
Debt€7,895▲ 15.2%€22,086▲ 180%€5,246▼ 76.2%€7,132-€18,897▲ 165%
Working capital€16,958within the sector's middle half▲ 125%€2,051within the sector's middle half▼ 87.9%€3,625within the sector's middle half▲ 76.8%-€4,137within the sector's middle half--€12,203below the sector's middle half▼ 195%
Solvency68.6%above the sector's middle half▲ 13.5pp8.5%within the sector's middle half▼ 60.1pp40.9%within the sector's middle half▲ 32.4pp-182.3%below the sector's middle half
Current ratio3.15above the sector's middle half▲ 1.051.09within the sector's middle half▼ 2.061.69within the sector's middle half▲ 0.600.35below the sector's middle half
Return on assets (ROA)35.1%above the sector's middle half▼ 4.9pp-62.9%below the sector's middle half▼ 98.1pp17.7%above the sector's middle half▲ 80.7pp-120.5%below the sector's middle half
Staff (FTE)0.3below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,736 in 2025 against €3,667 in 2024; the loss grows.
Key figures and ratios
Debt to equity
-1.55
Debt ≤ 1 year
€18,897▲
2024 · €7,132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.5% 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 6,940 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 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €34,572 | €32,414 | €27,036 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €39,764 | €25,151 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €602 | €285 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6,442 | - | - | - | - |
| Other operating charges640/8 | - | €730 | €348 | €0 | €434 | ▲ 1,084,950% |
| Gross operating margin9900 | €12,302 | -€7,350 | €1,885 | -€3,666 | -€7,302 | ▼ 99.1% |
| Operating profit (loss)9901 | €11,668 | -€14,806 | €1,538 | -€3,667 | -€7,736 | ▼ 111% |
| Financial income75/76B | - | - | - | - | €3 | - |
| Recurring financial income75 | - | - | - | - | €3 | - |
| Financial charges65/66B | - | €385 | -€37 | €162 | €333 | ▲ 106% |
| Recurring financial charges65 | -€382 | €385 | -€37 | €162 | €333 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €12,050 | -€15,192 | €1,574 | -€3,828 | -€8,066 | ▼ 111% |
| Income taxes67/77 | €3,216 | - | - | - | - | - |
| Profit (loss) for the period9904 | €8,834 | -€15,192 | €1,574 | -€3,828 | -€8,066 | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | €8,834 | -€15,192 | €1,574 | -€3,828 | -€8,066 | ▼ 111% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25,137 | €24,137 | €8,871 | €2,994 | €6,694 | ▲ 124% |
| Formation expenses20 | €106 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €179 | €0 | €0 | - | - | - |
| Tangible fixed assets22/27 | €179 | €0 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | €0 | - | - | - |
| Current assets29/58 | €24,852 | €24,137 | €8,871 | €2,994 | €6,694 | ▲ 124% |
| Amounts receivable within one year40/41 | €9,909 | €1,040 | €1,585 | €1,880 | €1,846 | ▼ 1.8% |
| Trade receivables40 | - | - | €1,585 | - | - | - |
| Other amounts receivable41 | - | €1,040 | €0 | €1,880 | €1,846 | ▼ 1.8% |
| Cash at bank and in hand54/58 | €14,943 | €23,097 | €7,286 | €1,114 | €4,848 | ▲ 335% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25,137 | €24,137 | €8,871 | €2,994 | €6,694 | ▲ 124% |
| Equity10/15 | €17,242 | €2,051 | €3,625 | -€4,137 | -€12,203 | ▼ 195% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Profit (loss) carried forward14 | €11,042 | -€4,149 | -€2,575 | -€10,337 | -€18,403 | ▼ 78.0% |
| Amounts payable17/49 | €7,895 | €22,086 | €5,246 | €7,132 | €18,897 | ▲ 165% |
| Amounts payable within one year42/48 | €7,895 | €22,086 | €5,246 | €7,132 | €18,897 | ▲ 165% |
| Trade debts44 | €2,942 | €17,672 | €3,831 | €634 | €6,541 | ▲ 932% |
| Suppliers440/4 | - | €17,672 | €3,831 | €634 | €6,541 | ▲ 932% |
| Taxes, remuneration and social security45 | - | €3,216 | €217 | €881 | €866 | ▼ 1.7% |
| Taxes450/3 | - | €3,216 | €217 | €881 | €866 | ▼ 1.7% |
| Other amounts payable47/48 | - | €1,198 | €1,198 | €5,617 | €11,491 | ▲ 105% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,834 | -€15,192 | €1,574 | -€3,828 | -€8,066 | ▼ 111% |
| + Depreciation and write-downs630 | €602 | €285 | - | - | - | - |
| Operating cash flow (approximation) | €9,436 | -€14,907 | €1,574 | -€3,828 | -€8,066 | ▼ 111% |
| Investment in fixed assets (approximation) | - | -€106 | €0 | - | - | - |
| Change in cash | - | €8,154 | -€15,811 | - | €3,734 | - |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1,574
Net result €1,574 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€15,192
Net result drops to -€15,192, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Highest result since 2018net €8,834 ▲44.5%
Operating result €11,668, net result €8,834, both a record.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Glabbeek · 1 establishment unit since 2016
Ground area
2.0 ha
Parcel 24018E0035/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Vitis BE
since 20162.257.394.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24018E0035/00C000indicative | Flanders | 2.0 ha | - | - |
Linked by address, not proof of ownership
Good to know
0 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 334 companies in sector 46471 we hold annual accounts for 190. 44 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
Founded09-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
46471Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656507678
Also
9925:BE0656507678
Registered
15-03-2024
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.