VITRERIE REFLECTIONS
ActiveVITRERIE REFLECTIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €-960. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
70
/ 100
Healthy▼ -24 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-5
Solvency98▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.78 in 2023), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
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 2024Solvency, return and age of the figures
Solvency
57.3%
Return on assets
-0.7%
Age of the figures
20 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
40 d late
2022
24 d late
2021
29 d late
2020
26 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€74k▼ 1.3%
2023 · €75k
2018: €31k
2019: €38k
2020: €57k
2021: €88k
2022: €74k
2023: €75k
2018 → 2024
Total assets
€129k▲ 19.3%
2023 · €108k
2018: €65k
2019: €83k
2020: €95k
2021: €155k
2022: €130k
2023: €108k
2018 → 2024
Net result
€-960
2023 · €792
2018: €-29k
2019: €14k
2020: €26k
2021: €45k
2022: €365
2023: €792
2018 → 2024
Working capital
€60k▲ 0.9%
2023 · €59k
2018: €28k
2019: €35k
2020: €49k
2021: €81k
2022: €54k
2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€88k▲ 54.3%€74k▼ 15.9%€75k▲ 1.1%€74k▼ 1.3%
Operating result€29k-€58k▲ 98.7%€568▼ 99.0%€2k▲ 199%€-2k
Net result€26k-€45k▲ 75.1%€365▼ 99.2%€792▲ 117%€-960
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2k after €2k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129k
Fixed assets
€14k▼ 8.2%
Current assets
€114k▲ 23.9%
Equity and liabilities €129k
Equity
€74k▼ 1.3%
Debt
€55k▲ 65.5%
The debt ratio rises from 30.8% to 42.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2023 · €7k
Cash flow
€5k▼
2023 · €6k
Solvency
57.3%▼
2023 · 69.2%
Current ratio
2.09▼
2023 · 2.78
Quick ratio
1.93▼
2023 · 2.51
Debt / equity
0.75▲
2023 · 0.45
ROE
-1.3%▼
2023 · 1.1%
ROA
-0.7%▼
2023 · 0.7%
Interest coverage
3.76▼
2023 · 9.84
Debt
€55k▲
2023 · €33k
Debt ≤ 1 year
€55k▲
2023 · €33k
Income taxes
€357▲
2023 · €180
Staff costs
€66k▲
2023 · €64k
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€108k€129k▲
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€13k€12k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€10k€10k▼
Financial fixed assets28€2k€2k=
Current assets29/58€92k€114k▲
Stocks and contracts in progress3€9k€9k▼
Stocks30/36€9k€9k▼
Amounts receivable within one year40/41€13k€49k▲
Trade receivables40€12k€48k▲
Other amounts receivable41€1k€637▼
Cash at bank and in hand54/58€69k€53k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€108k€129k▲
Equity10/15€75k€74k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€66k€66k▼
Amounts payable17/49€33k€55k▲
Amounts payable within one year42/48€33k€55k▲
Trade debts44€21k€48k▲
Suppliers440/4€21k€48k▲
Taxes, remuneration and social security45€2k€2k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€10k€5k▼
Accrued charges and deferred income492/3-€240
Income statement
Code20232024
Remuneration, social security and pensions62€64k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€604€825▲
Gross operating margin9900€72k€70k▼
Operating profit (loss)9901€2k€-2k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€729€989▲
Recurring financial charges65€729€989▲
Profit (loss) for the period before taxes9903€972€-603▼
Income taxes67/77€180€357▲
Profit (loss) for the period9904€792€-960▼
Profit (loss) for the period to be appropriated9905€792€-960▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€66k▼
Profit (loss) brought forward from the previous period14P€66k€66k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €45k ▲75.1%
Operating result €58k, net result €45k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
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, Villers-la-Ville · 1 establishment unit since 2011
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 de Thyle 71495 Villers-la-VilleGround area
1.2 ha
Building footprint
2,776 m²
Volume, LiDAR
12,195 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VITRERIE REFLECTIONS
since 20112.196.839.469
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0592/00B000 | Wallonia | 1.1 ha | 1 · 2,665 m² | 8.7 m · 2 fl. |
| 25098D0534/00Z002 | Wallonia | 1,555 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
LAP CONSTRUCT
BE 0844.475.565
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WoPa Construction
BE 0770.373.208
Bilzen-Hoeselt · Eq €74k
DLS Construction
BE 1005.858.722
Somme-Leuze · Eq €74k
BIRS CONSTRUCT
BE 0753.503.126
Sint-Jans-Molenbeek · Eq €74k
BECT, L'ARTISAN DE L'HABITAT
BE 0877.183.866
Herstal · Eq €74k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 13,092 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2011
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
71111Activities of building architects
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43343Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.