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VITRI CONSTRUCT

Active
Public limited companyfounded 2022active for 3 yearsMichel De Braeystraat 55, 2000 Antwerpen, Belgium40 active companies are registered at this addressKBO/BCE: BE 0793.704.874
Summary

VITRI CONSTRUCT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€147,634) and a net result of -€83,931. Equity is shrinking by about 119% per year across the filed financial years. Its solvency ranks better than 9% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow ReportCompare
VITRI CONSTRUCTActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€1.4mtotal assets 2025
Equity
-€147,634
Loss
-€83,931
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
MOLENWATER GROEP · 100%
  • Arfides NVDirector · permanent representative Stefan Paeleman
  • Duck NVDirector · permanent representative Jeff Cavens
  • llse De RezeDirector
2025 accounts 39 days early2 of 3 deeds summarised
Why 53raises riskCapped at 59: negative equityNegative equity -€147,634Liquidity: current ratio 0.91, cash €5,431, halvedlowers riskSize: total assets €1.4mSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (NACE 68, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 15-5
equity -10.4% of total assets
Liquidity 0-2
short-term debt 110.4% · cash 0.4%
Profitability 23-2
return on assets -5.9%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025highest value 06-2025: 0.3%▼ -0.5 percentage points vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▼ -0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.91, compared with 0.95 in 2024, below 1; short-term debt: 110.4% and cash: 0.4% of total assets), and equity is negative.
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 68, micro): better than 13% on solvency, 3% on liquidity, 22% on profitability and 4% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€147,634
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Liquidity: current ratio 0.91, cash €5,431, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€147,634
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 22-06-2026, 39 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
39 days early
2024
31 days early
2023
34 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 35 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€83,931
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€147,634 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€83,931 View
  • Caution: Equity fell in 2025from -€63,703 to -€147,634 ▼ 132% View
  • Caution: Among the weakest 9% on solvencysector median 38.3% · 5,767 companies -10.4% View
  • Controlled by MOLENWATER GROEPultimately: Triple Living Holding NV 100% View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Loss
-€83,931
Solvency
-10.4%
Total assets▲ 5.8%
Net result
20232025
Go to Financials

Board & ownership

Board
3 members
Parent
MOLENWATER GROEP · 100%
  • Arfides NVDirector
  • Duck NVDirector
  • llse De RezeDirector
Go to Board & ownership

Timeline

Events
6
Since
2023
Next accounts
by 31-07-2027
  1. 27-06-2024Annual accounts filed
  2. 19-07-2023Resignation: Molenwater Groep NV (sole director)
  3. 23-05-2023Registered office
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
17-11-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VITRI CONSTRUCT

What is the company number of VITRI CONSTRUCT?
0793.704.874. In Belgium the VAT number is the company number with BE in front: BE 0793.704.874.
Where is VITRI CONSTRUCT based?
The registered office is at Michel De Braeystraat 55, 2000 Antwerpen.Company details
What does VITRI CONSTRUCT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VITRI CONSTRUCT?
Public limited company (NV).
When was VITRI CONSTRUCT founded?
On 17-11-2022.
Is VITRI CONSTRUCT still active?
Yes, VITRI CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of VITRI CONSTRUCT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VITRI CONSTRUCT profitable?
In financial year 2025, VITRI CONSTRUCT made a loss of €83,931.
Where can I find the annual accounts of VITRI CONSTRUCT?
VITRI CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VITRI CONSTRUCT due?
By 31-07-2027, for financial year 2026.Timeline

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