VITROPLENA
ActiveVITROPLENA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €79k. Equity is growing by ~38.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 11612 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+23
Solvency47▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.86 against 1.0 in 2023; short-term debt: 9.1% and cash: 5.4% of total assets), but 78% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11612 sector peers (2024).
NBB · sector comparisonPosition among 11612 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▲ 121%
2023 · €65k
2019: €24k
2020: €26k
2021: €41k
2022: €57k
2023: €65k
2019 → 2024
Total assets
€655k▲ 110%
2023 · €312k
2019: €35k
2020: €53k
2021: €134k
2022: €138k
2023: €312k
2019 → 2024
Net result
€79k▲ 839%
2023 · €8k
2019: €15k
2020: €2k
2021: €15k
2022: €34k
2023: €8k
2019 → 2024
Working capital
€111k
2023 · €-118
2019: €19k
2020: €25k
2021: €23k
2022: €34k
2023: €-118
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€26k-€41k▲ 59.2%€57k▲ 38.6%€65k▲ 14.8%€144k▲ 121%
Operating result€5k-€20k▲ 272%€43k▲ 111%€24k▼ 44.8%€119k▲ 403%
Net result€2k-€15k▲ 581%€34k▲ 120%€8k▼ 74.9%€79k▲ 839%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 403% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €655k
Fixed assets
€485k▲ 102%
Current assets
€170k▲ 136%
Equity and liabilities €655k
Equity
€144k▲ 121%
Debt
€510k▲ 107%
The debt ratio falls from 79.1% to 78.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▲
2023 · €50k
Cash flow
€100k▲
2023 · €35k
Solvency
22.0%▲
2023 · 20.9%
Current ratio
2.86▲
2023 · 1.00
Quick ratio
2.86▲
2023 · 1.00
Debt / equity
3.54▼
2023 · 3.78
ROE
54.7%▲
2023 · 12.9%
ROA
12.1%▲
2023 · 2.7%
Interest coverage
6.03▲
2023 · 4.69
Debt
€510k▲
2023 · €247k
Debt ≤ 1 year
€59k▼
2023 · €72k
Debt > 1 year
€451k▲
2023 · €175k
Income taxes
€18k▲
2023 · €6k
Staff costs
€66k▲
2023 · €48k
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€312k€655k▲
Fixed assets21/28€240k€485k▲
Intangible fixed assets21€15k€10k▼
Tangible fixed assets22/27€225k€475k▲
Land and buildings22€209k€450k▲
Plant, machinery and equipment23€11k€14k▲
Furniture and vehicles24€5k€10k▲
Assets under construction and advance payments27-€570
Current assets29/58€72k€170k▲
Amounts receivable within one year40/41€59k€127k▲
Trade receivables40€52k€103k▲
Other amounts receivable41€7k€24k▲
Cash at bank and in hand54/58€7k€36k▲
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€312k€655k▲
Equity10/15€65k€144k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Profit (loss) carried forward14€47k€126k▲
Amounts payable17/49€247k€510k▲
Amounts payable after more than one year17€175k€451k▲
Financial debts170/4€175k€451k▲
Amounts payable within one year42/48€72k€59k▼
Current portion of amounts payable after more than one year42€18k€24k▲
Financial debts43€8k-
Credit institutions430/8€8k-
Trade debts44€19k€991▼
Suppliers440/4€19k€991▼
Taxes, remuneration and social security45€26k€34k▲
Taxes450/3€14k€21k▲
Remuneration and social security454/9€12k€13k▲
Income statement
Code20232024
Remuneration, social security and pensions62€48k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€1k€2k▲
Gross operating margin9900€100k€210k▲
Operating profit (loss)9901€24k€119k▲
Financial income75/76B€2k€917▼
Recurring financial income75€2k€917▼
Financial charges65/66B€11k€23k▲
Recurring financial charges65€11k€23k▲
Profit (loss) for the period before taxes9903€15k€97k▲
Income taxes67/77€6k€18k▲
Profit (loss) for the period9904€8k€79k▲
Profit (loss) for the period to be appropriated9905€8k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€126k▲
Profit (loss) brought forward from the previous period14P€38k€47k▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Highest result since 2019net €79k ▲839%
Operating result €119k, net result €79k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.86
Current ratio from 1.00 to 2.86; short-term debt falls from €72k to €59k.
31-12
Financial
Equity above €100kEq €144k ▲121%
6 profitable years in a row build equity to €144k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €2k ▼84.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ardooie · 1 establishment unit since 2018
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.
Roeselaarsestraat 298850 ArdooieGround area
1,897 m²
Building footprint
304 m²
Volume, LiDAR
663 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vitroplena
since 20182.277.910.584
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001E0614/00N002 | Flanders | 1,183 m² | 1 · 181 m² | - |
| 37011D0749/00H000 | Flanders | 714 m² | 1 · 123 m² | 7.9 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,932 EUR awarded · 987 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 945 EUR | 0 EUR |
| 2024 | 1 | 87 EUR | 87 EUR |
| 2023 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,553 companies in sector 71121 we hold annual accounts for 6,555. 5,230 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2018
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kenny.martens@vitroplena.be