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VITRA-METAL

Active
Private limited companyfounded 2009active for 17 yearsPontstraat(KRU) 2, 9770 Kruisem, BelgiumKBO/BCE: BE 0815.849.677
Summary

The computed 12-month bankruptcy probability of VITRA-METAL is 2.3% (moderate). The 2024 annual accounts show equity of €24,350 and a net result of €3,135. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 7,407 sector peers (NACE 43, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
2 sites
Size
€97,008total assets 2024
Staff
4 FTE
Equity
€24,350
Profit
€3,135
Turnover not published (abbreviated or micro format)
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Parent
VITRALUX
Accounts 76 days overdue0 of 2 deeds read
Why 52raises riskFigures for financial year 2024 (filed 19-09-2025)1 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 latelowers riskFounded in 2009Size: total assets €97,008Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Weak
Solvency 50+5
equity 25.1% of total assets
Liquidity 18+10
short-term debt 74.9% · cash 6.5%
Profitability 46-5
return on assets 3.2%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025lowest value 03-2025: 0.5%● unchanged vs 02-2025lowest value 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025 09-2025: 1.3%▲ +0.3 percentage points vs 08-2025 10-2025: 0.7%▼ -0.6 percentage points vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.8%▲ +0.1 percentage points vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.6%▲ +0.3 percentage points vs 08-2026 10-2026: 2.3%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.34, compared with 1.25 in 2023, below the usual 1.5; short-term debt: 74.9% and cash: 6.5% of total assets), and 74.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 27% on solvency, 10% on liquidity, 22% on profitability and 62% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 19-09-2025)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €97,008
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 49 days late; 1 of the last 3 late
NBB · filings
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €24,350
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
49 days late
2023
56 days early
2022
24 days early
2021
36 days early
2020
31 days late
2019
76 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Caution: Among the weakest 10% on equitysector median €344,032 · 7,408 companies €24,350 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Controlled by VITRALUX parent View
  • Positive: 5 profitable years in a rowprofit 2024: €3,135 5 years View

By topic

Financials

Financial year
2024
Total assets
€97,008
Profit
€3,135
Solvency
25.1%
Total assets▼ 9.4%
Net result
20182024
Go to Financials

Timeline

Events
18
Since
2011
  1. 31-12-2022Highest result from 2018 to 2024
  2. 25-06-2022Annual accounts filed
  3. 31-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
26-06-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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