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VITRIOOL

Active
Private limited companyfounded 2020active for 6 yearsRerum Novarumlaan 23, 2110 Wijnegem, BelgiumKBO/BCE: BE 0744.388.985

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

VITRIOOL has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,902 and a net result of €93,458. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 11% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

KBO
Status
Active since 24-02-2020 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 4 others
Establishment unit
2.299.835.257 2110 Wijnegem, since 24-02-2020
Financial year end
30 September
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • Van Hees BartDirector

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€130,100
▲ 14.9%
Turnover
≈ €200,000
estimated
Profit
€93,458
▲ 14.0%
Equity
€5,902
▼ 71.1%
Total assets
€116,569
▲ 26.7%
Filed on 27-04-2026, 3 days before the deadlinePDF
Score breakdownraises riskEquity €5,902 (5.1% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.02, cash €92,642Size: total assets €116,569Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Average
Solvency 30-17
equity 5.1% of total assets
Liquidity 50-8
short-term debt 94.9% · cash 79.5%
Profitability 100=
return on assets 80.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.23 in 2024), below the usual 1.5. Short-term debt is 94.9% and cash 79.5% of total assets. 94.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 13% of them on solvency, 27% on liquidity, 82% on profitability and 10% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.02, cash €92,642
NBB · annual accounts
lowers risk · Size: total assets €116,569
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €5,902 (5.1% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 21130 sector peers (2025).
NBB · sector comparison
Position among 21130 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
3 days early
2024
23 days early
2023
4 days early
2022
on the day
2021
1 day early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 10 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 27-04-2026 PDF all 6 filings

Turnover
≈ €200,000
Estimated: probably between €180,000 and €250,000
Total assets
€116,569▲ 26.7%
2024 · €91,984
Net result
€93,458▲ 14.0%
2024 · €81,980
Working capital
€2,754▼ 83.3%
2024 · €16,480
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 16% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.

Operating result€128,659 2025 Net result€93,458 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€14,656-€14,627▼ 0.2%€17,040▲ 16.5%€39,831▲ 134%€110,592▲ 178%€128,659▲ 16.3%
Net result€11,600within the sector's middle half-€11,574within the sector's middle half▼ 0.2%€12,830within the sector's middle half▲ 10.9%€30,870within the sector's middle half▲ 141%€81,980above the sector's middle half▲ 166%€93,458above the sector's middle half▲ 14.0%
Equity€12,600below the sector's middle half-€24,174below the sector's middle half▲ 91.9%€37,004within the sector's middle half▲ 53.1%€42,874within the sector's middle half▲ 15.9%€20,444below the sector's middle half▼ 52.3%€5,902below the sector's middle half▼ 71.1%
Total assets€35,704below the sector's middle half-€49,490below the sector's middle half▲ 38.6%€68,675below the sector's middle half▲ 38.8%€70,594within the sector's middle half▲ 2.8%€91,984within the sector's middle half▲ 30.3%€116,569within the sector's middle half▲ 26.7%
Debt€23,104-€25,317▲ 9.6%€31,671▲ 25.1%€27,720▼ 12.5%€71,541▲ 158%€110,666▲ 54.7%
Working capital€12,600within the sector's middle half-€22,493within the sector's middle half▲ 78.5%€32,981within the sector's middle half▲ 46.6%€38,578within the sector's middle half▲ 17.0%€16,480within the sector's middle half▼ 57.3%€2,754below the sector's middle half▼ 83.3%
Solvency35.3%within the sector's middle half-48.8%within the sector's middle half▲ 13.6pp53.9%within the sector's middle half▲ 5.0pp60.7%within the sector's middle half▲ 6.9pp22.2%below the sector's middle half▼ 38.5pp5.1%below the sector's middle half▼ 17.2pp
Current ratio1.55within the sector's middle half-1.89within the sector's middle half▲ 0.342.04within the sector's middle half▲ 0.162.39within the sector's middle half▲ 0.351.23below the sector's middle half▼ 1.161.02below the sector's middle half▼ 0.21
Return on assets (ROA)32.5%above the sector's middle half-23.4%within the sector's middle half▼ 9.1pp18.7%within the sector's middle half▼ 4.7pp43.7%above the sector's middle half▲ 25.0pp89.1%above the sector's middle half▲ 45.4pp80.2%above the sector's middle half▼ 8.9pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,569
Fixed assets €3,148 ▼ 20.6%
Current assets €113,421 ▲ 28.9%
Equity and liabilities €116,569
Equity €5,902 ▼ 71.1%
Debt €110,666 ▲ 54.7%
Debt's share of the balance-sheet total rises from 77.8% to 94.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€129,476▲
2024 · €112,125
Cash flow
€94,275▲
2024 · €83,513
Debt to equity
18.75▲
2024 · 3.50
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€110,666▲
2024 · €71,541
Income taxes
€35,000▲
2024 · €28,311
A ratio outside any meaningful range has been withheld (balance sheet total €116,569, equity €5,902).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as VITRIOOL: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €106,000 and €124,000, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
VITRIOOL Wijnegem2020€0.1m€0.006m€0.1m€0.09m-2025
SHIPNEXT Antwerpen2020€0.1m-€1.3m€0.1m-€0.3m4.92025
Studio Maak Kalmthout2020€0.1m€0.003m€0.1m€0.08m-2025
AyDesignIT Rumst2019€0.1m€0.02m€0.1m€0.09m-2025
HADDOCK CONSULTING & ADVISORY Mechelen2019€0.1m€0.005m€0.1m€0.09m-2025
JRDN PROJECTS Grobbendonk2021€0.1m€0.03m€0.1m€0.09m-2025
VERMEIREN INNOVATION CONSULTING Duffel2020€0.1m€0.003m€0.2m€0.1m-2025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,153 companies had the same profile as VITRIOOL has now. Two years later, 1.7% had gone bankrupt and 96.1% were still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% was still going

The bankruptcy probability of VITRIOOL itself is lower: < 0.1% within 12 months. It rests on far more data about VITRIOOL than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for VITRIOOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 (PDF), filed on 27-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€91,984€116,569▲
Fixed assets21/28€3,964€3,148▼
Tangible fixed assets22/27€3,964€3,148▼
Furniture and vehicles24€1,213€740▼
Other tangible fixed assets26€2,752€2,408▼
Current assets29/58€88,020€113,421▲
Amounts receivable within one year40/41€18,332€20,086▲
Trade receivables40€18,332€20,086▲
Cash at bank and in hand54/58€69,241€92,642▲
Deferred charges and accrued income490/1€447€693▲
Equity and liabilities
Total equity and liabilities10/49€91,984€116,569▲
Equity10/15€20,444€5,902▼
Contributions10/11€1,000€1,000=
Reserves13€19,444€4,902▼
Distributable reserves133€19,444€4,902▼
Amounts payable17/49€71,541€110,666▲
Amounts payable within one year42/48€71,541€110,666▲
Trade debts44€783€1,118▲
Suppliers440/4€783€1,118▲
Taxes, remuneration and social security45€20,292€8,975▼
Taxes450/3€20,292€8,975▼
Other amounts payable47/48€50,465€100,573▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,532€816▼
Other operating charges640/8€1,078€624▼
Gross operating margin9900€113,203€130,100▲
Operating profit (loss)9901€110,592€128,659▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€302€201▼
Recurring financial charges65€302€201▼
Profit (loss) for the period before taxes9903€110,291€128,458▲
Income taxes67/77€28,311€35,000▲
Profit (loss) for the period9904€81,980€93,458▲
Profit (loss) for the period to be appropriated9905€81,980€93,458▲
Appropriation of the result
Profit (loss) to be appropriated9906€81,980€93,458▲
Transfer from equity791/2€29,411€18,000▼
Transfer to equity691/2€6,980€3,458▼
To other reserves6921€6,980€3,458▼
Profit to be distributed694/7€104,411€108,000▲
Return on contributions (dividend)694€104,411€108,000▲

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€565€1,303€1,874€1,532€816▼ 46.7%
Other operating charges640/8-€901€480€1,401€1,078€624▼ 42.1%
Gross operating margin9900€15,125€16,093€18,822€43,106€113,203€130,100▲ 14.9%
Operating profit (loss)9901€14,656€14,627€17,040€39,831€110,592€128,659▲ 16.3%
Financial income75/76B-€6-€27€1--
Recurring financial income75-€6-€27€1--
Financial charges65/66B-€59€375€372€302€201▼ 33.4%
Recurring financial charges65€5€59€375€372€302€201▼ 33.4%
Profit (loss) for the period before taxes9903€14,652€14,574€16,664€39,486€110,291€128,458▲ 16.5%
Income taxes67/77€3,052€3,000€3,834€8,615€28,311€35,000▲ 23.6%
Profit (loss) for the period9904€11,600€11,574€12,830€30,870€81,980€93,458▲ 14.0%
Profit (loss) for the period to be appropriated9905€11,600€11,574€12,830€30,870€81,980€93,458▲ 14.0%
Line202020212022202320242025Change
Assets
Total assets20/58€35,704€49,490€68,675€70,594€91,984€116,569▲ 26.7%
Fixed assets21/28-€1,680€4,120€4,296€3,964€3,148▼ 20.6%
Tangible fixed assets22/27-€1,680€4,120€4,296€3,964€3,148▼ 20.6%
Furniture and vehicles24-€1,680€2,734€1,201€1,213€740▼ 39.0%
Other tangible fixed assets26--€1,386€3,095€2,752€2,408▼ 12.5%
Current assets29/58€35,704€47,810€64,555€66,298€88,020€113,421▲ 28.9%
Amounts receivable within one year40/41€9,075€9,324€10,168€18,096€18,332€20,086▲ 9.6%
Trade receivables40-€9,075€9,983€13,794€18,332€20,086▲ 9.6%
Other amounts receivable41-€249€186€4,302---
Cash at bank and in hand54/58€26,629€36,646€54,071€47,854€69,241€92,642▲ 33.8%
Deferred charges and accrued income490/1-€1,839€316€348€447€693▲ 54.8%
Equity and liabilities
Total equity and liabilities10/49€35,704€49,490€68,675€70,594€91,984€116,569▲ 26.7%
Equity10/15€12,600€24,174€37,004€42,874€20,444€5,902▼ 71.1%
Contributions10/11-€1,000€1,000€1,000€1,000€1,000=
Reserves13€11,600€23,174€36,004€41,874€19,444€4,902▼ 74.8%
Distributable reserves133-€23,174€36,004€41,874€19,444€4,902▼ 74.8%
Amounts payable17/49€23,104€25,317€31,671€27,720€71,541€110,666▲ 54.7%
Amounts payable within one year42/48€23,104€25,317€31,574€27,720€71,541€110,666▲ 54.7%
Trade debts44€3,419€5,411€10,977€6,516€783€1,118▲ 42.8%
Suppliers440/4-€5,411€10,977€6,516€783€1,118▲ 42.8%
Taxes, remuneration and social security45-€19,906€20,598€21,204€20,292€8,975▼ 55.8%
Taxes450/3-€10,011€10,590€14,089€20,292€8,975▼ 55.8%
Remuneration and social security454/9-€9,895€10,008€7,115---
Other amounts payable47/48----€50,465€100,573▲ 99.3%
Accrued charges and deferred income492/3--€97----
Line202020212022202320242025Change
Profit (loss) for the period9904€11,600€11,574€12,830€30,870€81,980€93,458▲ 14.0%
+ Depreciation and write-downs630-€565€1,303€1,874€1,532€816▼ 46.7%
Operating cash flow (approximation)€11,600€12,139€14,133€32,745€83,513€94,275▲ 12.9%
Investment in fixed assets (approximation)---€3,743-€2,050-€1,200€0-
Change in cash-€10,017€17,425-€6,217€21,387€23,401▲ 9.4%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
30-09-2025 micro format 27-04-2026 2026-00091452 PDF
30-09-2024 micro format 07-04-2025 2025-00065883 PDF
30-09-2023 micro format 26-04-2024 2024-00071048 PDF
30-09-2022 micro format 30-04-2023 2023-00075709 PDF
30-09-2021 micro format 29-04-2022 2022-20012683 PDF
30-09-2020 micro format 31-03-2021 2021-09200221 PDF

Board & ownership

Directors

Directors
1 director
Van Hees Bart
Director · listed in the 2025 annual accounts, filed on 27-04-2026
Current

Owners and capital

Network & group

Board mandates elsewhere

1 board mandate
Board mandates of VITRIOOLVITRIOOL sits on their board1
1 location

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
27-04
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
2025
30-09
Financial Highest result from 2020 to 2025net €93,458 ▲14%
The operating result of €128,659 and the net result of €93,458 are both a record.
07-04
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
26-04
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
2023
06-09
Gazette deed General meeting · Other provisionPDF
Capital conversion · Reserve release
30-04
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
2022
29-04
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
31-03
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 24 February 2020, VITRIOOL was incorporated as a private limited company.1 Total assets went from €35,704 in 2020 to €116,569 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Company details

Register details

Identity

KBO record
Name VITRIOOL in Dutch
Enterprise number 0744.388.985
Legal form Private limited company
Status Active, normale toestand
Founded 24-02-2020
Entity type Legal entity

Registered office and establishments

Registered office Rerum Novarumlaan 23, 2110 Wijnegem, Belgium
Establishments 1 establishment unit since 2020

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
64210 Activities of holding companies
68110 Buying and selling of own real estate
68201 Renting and operating of own or leased residential real estate, excluding social housing
70200 Business and other management consultancy

Invoicing and payment

VAT number BE 0744.388.985
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0744388985
Other Peppol ID 9925:BE0744388985
Registered 25-11-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09

Sites & property

Location
registered office establishment The establishment unit on the map
1 establishment unit
VITRIOOL
Rerum Novarumlaan 23, 2110 WijnegemComputer consultancy and computer facilities management
since 2020unit number 2.299.835.257

Buildings and parcels at the address

Ground area
992 m²
Building footprint
257 m²
Building volume
1,108 m³
Parcel 11050B0321/00C002, Flanders · tallest building 11.7 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11050B0321/00C002 Flanders 992 m² 1 · 257 m² 11.7 m · 1