VITRIEL
ActiveVITRIEL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €18k. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-17
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 15.11 against 7.93 in 2024; short-term debt: 6.6% and cash: 65.8% of total assets), and 6.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.4%
Return on assets
11.8%
Age of the figures
15 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €140k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
6 d late
2023
1 d early
2022
60 d early
2021
3 d early
2020
34 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€140k▲ 14.4%
2024 · €123k
2019: €179k
2020: €193k
2021: €215k
2022: €126k
2023: €118k
2024: €123k
2019 → 2025
Total assets
€150k▲ 7.3%
2024 · €140k
2019: €197k
2020: €204k
2021: €226k
2022: €246k
2023: €131k
2024: €140k
2019 → 2025
Net result
€18k▼ 49.9%
2024 · €35k
2019: €33k
2020: €14k
2021: €22k
2022: €26k
2023: €-8k
2024: €35k
2019 → 2025
Working capital
€139k▲ 15.5%
2024 · €120k
2019: €174k
2020: €189k
2021: €211k
2022: €121k
2023: €115k
2024: €120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€126k▼ 41.2%€118k▼ 6.2%€123k▲ 3.5%€140k▲ 14.4%
Operating result€25k-€28k▲ 11.2%€11k▼ 61.8%€24k▲ 120%€21k▼ 12.0%
Net result€22k-€26k▲ 15.9%€-8k€35k€18k▼ 49.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€1k▼ 47.3%
Current assets
€149k▲ 8.1%
Equity and liabilities €150k
Equity
€140k▲ 14.4%
Debt
€10k▼ 43.3%
The debt ratio falls from 12.4% to 6.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2024 · €25k
Cash flow
€19k▼
2024 · €37k
Solvency
93.4%▲
2024 · 87.6%
Current ratio
15.11▲
2024 · 7.93
Quick ratio
15.11▲
2024 · 7.93
Debt / equity
0.07▼
2024 · 0.14
ROE
12.6%▼
2024 · 28.8%
ROA
11.8%▼
2024 · 25.3%
Interest coverage
268.64▼
2024 · 358.99
Debt
€10k▼
2024 · €17k
Debt ≤ 1 year
€10k▼
2024 · €17k
Income taxes
€5k▲
2024 · €-10k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€140k€150k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€404€49▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€138k€149k▲
Amounts receivable after more than one year29€26k€28k▲
Other amounts receivable291€26k€28k▲
Amounts receivable within one year40/41€30k€22k▼
Trade receivables40€30k€16k▼
Other amounts receivable41€125€6k▲
Cash at bank and in hand54/58€81k€99k▲
Deferred charges and accrued income490/1€578€576▼
Equity and liabilities
Total equity and liabilities10/49€140k€150k▲
Equity10/15€123k€140k▲
Contributions10/11€19k€19k=
Reserves13€104k€122k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€102k€120k▲
Amounts payable17/49€17k€10k▼
Amounts payable within one year42/48€17k€10k▼
Trade debts44€747€1k▲
Suppliers440/4€747€1k▲
Taxes, remuneration and social security45€16k€4k▼
Taxes450/3€12k€4k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€282€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€995▼
Other operating charges640/8€384€387▲
Gross operating margin9900€26k€22k▼
Operating profit (loss)9901€24k€21k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€70€82▲
Recurring financial charges65€70€82▲
Profit (loss) for the period before taxes9903€25k€22k▼
Income taxes67/77€-10k€5k▲
Profit (loss) for the period9904€35k€18k▼
Profit (loss) for the period to be appropriated9905€35k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€57k€18k▼
Profit (loss) brought forward from the previous period14P€21k-
Transfer from equity791/2€10k-
Transfer to equity691/2€35k€18k▼
To other reserves6921€35k€18k▼
Profit to be distributed694/7€31k-
Return on contributions (dividend)694€31k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-8k ▼131%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 5current ratio 10.07
Current ratio from 2.01 to 10.07; short-term debt falls from €119k to €13k.
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €215k ▲11.4%
3 profitable years in a row build equity to €215k.
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2014
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.
Roelandsheide 443080 TervurenGround area
1,499 m²
Building footprint
164 m²
Volume, LiDAR
708 m³
Parcel 24023D0009/00P009, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vitriel BVBA
since 20142.234.619.583
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24023D0009/00P009 | Flanders | 1,499 m² | 1 · 164 m² | 9.4 m · 1 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
TREBOG
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ADFINIMO
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A.R.C. MANAGEMENT
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CKX MANAGEMENT
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VTBM
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,869 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-07-2014
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.