VITRIN
ActiveSummary
The computed 12-month bankruptcy probability of VITRIN is 3.0% (moderate). The annual accounts of VITRIN for financial year 2025 show a net loss of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €2,009 and a net result of -€19,874. Its solvency ranks better than 24% of 22,632 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €2,009
- Loss
- -€19,874
Why 49raises riskFounded in 2024Equity €2,009 (2.7% of total assets)Sector: Retail trade (NACE 47)lowers riskSize: total assets €75,052Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro): better than 21% on solvency, 27% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 29-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 28 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: BETZ Eva (director) and…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488381.
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €18,233 after €26,890 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 757 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 86.8% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 757 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,960 | €6,694 | ▲ 126% |
| Other operating charges640/8 | €1,010 | €186 | ▼ 81.6% |
| Gross operating margin9900 | €30,860 | -€11,354 | - |
| Operating profit (loss)9901 | €26,890 | -€18,233 | - |
| Financial income75/76B | €460 | €973 | ▲ 111% |
| Recurring financial income75 | €460 | €973 | ▲ 111% |
| Financial charges65/66B | €3,588 | €2,506 | ▼ 30.2% |
| Recurring financial charges65 | €3,588 | €2,506 | ▼ 30.2% |
| Profit (loss) for the period before taxes9903 | €23,762 | -€19,766 | - |
| Income taxes67/77 | €4,879 | €107 | ▼ 97.8% |
| Profit (loss) for the period9904 | €18,883 | -€19,874 | - |
| Profit (loss) for the period to be appropriated9905 | €18,883 | -€19,874 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €85,896 | €75,052 | ▼ 12.6% |
| Fixed assets21/28 | €27,860 | €36,593 | ▲ 31.3% |
| Intangible fixed assets21 | €22,896 | €20,416 | ▼ 10.8% |
| Tangible fixed assets22/27 | €4,964 | €16,177 | ▲ 226% |
| Plant, machinery and equipment23 | €3,132 | €3,397 | ▲ 8.5% |
| Furniture and vehicles24 | €1,832 | €12,781 | ▲ 597% |
| Current assets29/58 | €58,036 | €38,459 | ▼ 33.7% |
| Stocks and contracts in progress3 | €25,000 | €34,000 | ▲ 36.0% |
| Stocks30/36 | €25,000 | €34,000 | ▲ 36.0% |
| Amounts receivable within one year40/41 | €4,385 | €1,040 | ▼ 76.3% |
| Trade receivables40 | €4,385 | €1,040 | ▼ 76.3% |
| Cash at bank and in hand54/58 | €28,650 | €3,419 | ▼ 88.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €85,896 | €75,052 | ▼ 12.6% |
| Equity10/15 | €21,883 | €2,009 | ▼ 90.8% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €18,883 | - | - |
| Distributable reserves133 | €18,883 | - | - |
| Profit (loss) carried forward14 | - | -€991 | - |
| Amounts payable17/49 | €64,013 | €73,043 | ▲ 14.1% |
| Amounts payable after more than one year17 | €43,888 | €34,035 | ▼ 22.5% |
| Financial debts170/4 | €43,888 | €34,035 | ▼ 22.5% |
| Amounts payable within one year42/48 | €20,126 | €39,009 | ▲ 93.8% |
| Current portion of amounts payable after more than one year42 | €9,377 | €20,253 | ▲ 116% |
| Trade debts44 | - | €7,974 | - |
| Suppliers440/4 | - | €7,974 | - |
| Advances received on contracts in progress46 | €548 | €740 | ▲ 35.0% |
| Taxes, remuneration and social security45 | €10,117 | €9,908 | ▼ 2.1% |
| Taxes450/3 | €10,117 | €9,908 | ▼ 2.1% |
| Other amounts payable47/48 | €83 | €134 | ▲ 61.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €18,883 | -€19,874 | - |
| + Depreciation and write-downs630 | €2,960 | €6,694 | ▲ 126% |
| Operating cash flow (approximation) | €21,843 | -€13,180 | - |
| Investment in fixed assets (approximation) | - | -€15,427 | - |
| Change in cash | - | -€25,231 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00488381 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00424127 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BETZ Eva |
|
| BETZ Marie |
|
Owners and capital
Capital and shareholders
- BETZ Eva founder
- BETZ Marie founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-03-2024 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-03
Gazette deed
IncorporationAppointments: BETZ Eva (director) and BETZ Marie (director) · Founder · Founding capital8 facts ▸
- Incorporation, 18-03-2024
- Founder, BETZ Eva
- Founder, BETZ Marie
- Founding capital, €3,000
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, BETZ Eva (director (not named in the articles))
- Director appointment, BETZ Marie (director (not named in the articles))
- Bank account, 3000, EUR
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11022F0007/00W023 | Flanders | 908 m² | 1 · 128 m² | 16.3 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groothandel,kleinhandel,winkeluitbating en online verkoop van kledingstoffen,kledij,textiel,lederwaren,accessoires,schoenen,mode…” (deed in Dutch)
27 activities (deed in Dutch)
- Groothandel,kleinhandel,winkeluitbating en online verkoop van kledingstoffen,kledij,textiel,lederwaren,accessoires,schoenen,mode artikelen,dit alles in de meest ruime zin.
- Het optreden als agent,commissionair of als tussenpersoon in de handel en diensten.
- Handel,groothandel,kleinhandel,import en export van roerende goederen.
- Het opzetten van distributiekanalen.Zowel fysiek als via elektronische weg.
- Het opzetten van franchisesystemen.
- Het schrijven en publiceren m.b.t.bovenvermelde activiteiten.
- De organisatie van events en workshops.
- Het geven van en de organisatie van voordrachten,speeches,coaching,training,opleidingen en dergelijke meer m.b.t.bovenvermelde activiteiten.
- Het kopen,verkopen,rentabiliseren en in licentie nemen of geven van octrooien,knowhow,brevetten,vergunningen en aanverwante immateriële duurzame activa.
- Dit alles in de meest ruime zin genomen.
- Het geven van consultancy,bedrijfsadvies en managementadvies op alle domeinen.
- Algemene dienstverlening ten behoeve van bedrijven en organisaties.
- Het op zich nemen van de dagelijkse leiding of deelaspecten hiervan in andere ondernemingen of organisaties.
- Het uitvoeren van bestuursmandaten en het mandaat van vereffenaar binnen ondernemingen en organisaties.
- Het deelnemen in onroerend goed projecten,op basis van volle en gedeelde eigendom.
- Het voor eigen rekening investeren in,aankopen van en verkopen van zakelijke rechten op onroerende goederen.
- Het voor eigen rekening aankopen,renoveren en verkopen van onroerende goederen.
- De verhuring of de terbeschikkingstelling van onroerende goederen.
- De ontwikkeling van onroerend projecten.
- De opbouw van een vastgoedpatrimonium.
- De opbouw van een roerend patrimonium.
- De vennootschap mag in het algemeen,alle commerciële,industriële,publieke,roerende en roerende,financiële of andere handelingen stellen welke rechtstreeks of onrechtstreeks betrekking hebben op haar doel of dit zouden kunnen bevorderen.
- De vennootschap mag het bestuur en de vereffening waarnemen in andere vennootschappen en mag alle leningen van gelijk welke vorm verstrekken voor deze vennootschappen.
- Zij mag bij wijze van inbreng in contanten of in natura,fusie,inschrijving,deelneming,financiële tussenkomst of op andere wijze een aandeel nemen in alle bestaande of nog op te richten vennootschappen,zowel in binnen als buitenland.
- De vennootschap mag kredieten en leningen aangaan en toestaan,zich voor derden borgstellen door haar goederen in pand of hypotheek te geven,inclusief de eigen handelszaak.
- De vennootschap mag zich ten voordele van derden borgstellen onder elke vorm en onder meer door het verlenen van aval,hypothecair verband op haar onroerende goederen,in pandgeving van haar roerende goederen en in het algemeen daartoe elke vorm van persoonlijke of zakelijke zekerheid stellen.
- De vennootschap kan alle eigendommen,zowel roerende als onroerende,alle industriële inrichtingen en installaties aankopen,overnemen,uitbaten of afstaan,opbouwen verhuren,verkopen of omwisselen.
- Name clauseThe name the company operates under according to its articles.
- VITRIN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Withoeflei 9 bus 3,Kalmthout” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “1, aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 19:00