VITO PL

Active

Private limited companyfounded 20205 yrs activeZwartebeekstraat 34/1, 1180 Ukkel, BelgiumKBO/BCE: BE 0759.895.822

The computed 12-month bankruptcy probability of VITO PL is 6.5% (elevated). The 2024 annual accounts show negative equity (€-2k) and a net result of €8k. Equity is shrinking by ~107.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 1301 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

23 / 100

Critical▲ +11 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability14▼-86

Solvency40▼-1

Growth55▲+23

Stability94

Bankruptcy probability, 12 months

6.5% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.79 against 0.83 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

-6.4%

Return on assets

30.9%

Age of the figures

29 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 1301 sector peers (2024).

NBB · sector comparison

Position among 1301 sector peers

Solvency

better than 8%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 318 days later.

NBB · 3 filings

Position against the passed deadline

31-03-2025 close31-10-2025 deadline14-09-2026 today

Filed after the deadline

The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 09-12-2024, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

not filed

2024

39 d late

2023

on the day

2022

10 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

€660k▲ 72.7%

2022 · €382k

2022: €382k

2022 → 2024

EBIT margin

1.6%▼ 4.1pp

2022 · 5.7%

2022: 5.7%

2022 → 2024

Net result

€8k

2023 · €-29k

2022: €17k 2023: €-29k

2022 → 2024

Working capital

€-6k▲ 70.2%

2023 · €-20k

2022: €17k 2023: €-20k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€382k-€660k

Equity€19k-€-10k€-2k▲ 82.8%

Operating result€22k-€-29k€10k

Net result€17k-€-29k€8k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €10k after a loss of €29k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €26k

15.9%

84.1%

Fixed assets €4k▼ 57.7%

Current assets €22k▼ 76.8%

Key figures and ratios

2024 value · change against 2023

EBITDA

€14k▲

2023 · €-26k

Cash flow

€12k▲

2023 · €-26k

Solvency

-6.4%▲

2023 · -9.3%

Current ratio

0.79▼

2023 · 0.83

Quick ratio

0.68▼

2023 · 0.75

Debt / equity

-16.58▼

2023 · -11.73

ROE

-481.6%▼

2023 · 298.3%

ROA

30.9%▲

2023 · -27.8%

Interest coverage

37.54▲

2023 · -77.55

Debt

€28k▼

2023 · €114k

Debt ≤ 1 year

€28k▼

2023 · €114k

Income taxes

€2k▲

2023 · €-128

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€104k€26k▼

Fixed assets21/28€10k€4k▼

Tangible fixed assets22/27€10k€4k▼

Plant, machinery and equipment23€6k€3k▼

Furniture and vehicles24€4k€1k▼

Current assets29/58€95k€22k▼

Stocks and contracts in progress3€8k€3k▼

Stocks30/36€8k€3k▼

Amounts receivable within one year40/41€66k€11k▼

Trade receivables40€41k€10k▼

Other amounts receivable41€25k€1k▼

Cash at bank and in hand54/58€20k€8k▼

Deferred charges and accrued income490/1€335-

Equity and liabilities

Total equity and liabilities10/49€104k€26k▼

Equity10/15€-10k€-2k▲

Contributions10/11€3k€3k=

Capital10€3k-

Issued capital100€3k-

Reserves13€829€829=

Non-distributable reserves130/1€829€829=

Legal reserve130€829-

Reserves not available under the articles1311-€829

Profit (loss) carried forward14€-13k€-5k▲

Amounts payable17/49€114k€28k▼

Amounts payable within one year42/48€114k€28k▼

Trade debts44€86k€10k▼

Suppliers440/4€86k€10k▼

Taxes, remuneration and social security45€28k€10k▼

Taxes450/3€6k€5k▼

Remuneration and social security454/9€22k€6k▼

Other amounts payable47/48-€8k

Income statement Code20232024

Turnover70-€660k

Goods, raw materials, services and sundry goods60/61-€642k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-4k€5k▲

Other operating charges640/8€454€291▼

Non-recurring operating charges66A-€656

Gross operating margin9900€-30k€20k▲

Operating profit (loss)9901€-29k€10k▲

Financial income75/76B€65€435▲

Recurring financial income75€65€435▲

Financial charges65/66B€334€369▲

Recurring financial charges65€334€369▲

Profit (loss) for the period before taxes9903€-29k€10k▲

Income taxes67/77€-128€2k▲

Profit (loss) for the period9904€-29k€8k▲

Profit (loss) for the period to be appropriated9905€-29k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-13k€-5k▲

Profit (loss) brought forward from the previous period14P€16k€-13k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2024

09-12

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 39 days late

31-03

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

2023

31-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema

31-03

Financial Weakest financial yearnet €-29k ▼275%

Net result drops to €-29k, the lowest in the series; recovery starts the following year.

2022

21-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Ukkel · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Zwartebeekstraat 34/11180 Ukkel

Ground area

173 m²

Building footprint

98 m²

Volume, LiDAR

1,169 m³

Parcel 21616G0012/00H004, Brussels · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

VITO PL

Zwartebeekstraat 34/1, 1180 UkkelManufacture of fabricated metal products, except machinery and equipment

since 20202.312.229.580

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21616G0012/00H004	Brussels	173 m²	1 · 98 m²	14.1 m · 4 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

Braine-le-Château · Eq €19k

Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 11,309 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded17-12-2020

Fiscal year end31-03

Activities, NACEBEL

41001General construction of residential buildings

43211General electrical installation work

43222Installation of electric heating, air conditioning, cooling and ventilation

43320Joinery installation

43331Floor and wall tiling

43410Roofing work

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.