VITROTECH
ActiveSummary
VITROTECH has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84,752 and a net result of €17,919. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 2601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-5
Solvency63▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.95 in 2024; short-term debt: 43.9% and cash: 19.9% of total assets), and 62% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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
38%
Return on assets
8%
Age of the figures
9 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
34 d early
2023
35 d early
2022
48 d early
2021
13 d early
2020
29 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€84,752▲ 7.5%
2024 · €78,832
Total assets
€223,301▲ 13.5%
2024 · €196,743
Net result
€17,919▼ 24.1%
2024 · €23,622
Working capital
€15,077
2024 · -€5,187
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,063▲ 25.2%€27,244▼ 30.3%€21,306▼ 21.8%€28,736▲ 34.9%€15,423▼ 46.3%
Net result€36,207above the sector's middle half▲ 45.9%€29,540above the sector's middle half▼ 18.4%€19,992within the sector's middle half▼ 32.3%€23,622within the sector's middle half▲ 18.2%€17,919within the sector's middle half▼ 24.1%
Equity€20,678within the sector's middle half▼ 3.7%€35,218within the sector's middle half▲ 70.3%€55,210within the sector's middle half▲ 56.8%€78,832within the sector's middle half▲ 42.8%€84,752within the sector's middle half▲ 7.5%
Total assets€119,943within the sector's middle half▲ 14.9%€162,325within the sector's middle half▲ 35.3%€177,098within the sector's middle half▲ 9.1%€196,743within the sector's middle half▲ 11.1%€223,301within the sector's middle half▲ 13.5%
Debt€99,265▲ 19.7%€127,107▲ 28.0%€121,888▼ 4.1%€117,911▼ 3.3%€138,550▲ 17.5%
Working capital-€19,201below the sector's middle half▼ 1,328%-€15,234below the sector's middle half▲ 20.7%-€5,938within the sector's middle half▲ 61.0%-€5,187within the sector's middle half▲ 12.6%€15,077within the sector's middle half
Solvency17.2%within the sector's middle half▼ 3.3pp21.7%within the sector's middle half▲ 4.5pp31.2%within the sector's middle half▲ 9.5pp40.1%within the sector's middle half▲ 8.9pp38.0%within the sector's middle half▼ 2.1pp
Current ratio0.75below the sector's middle half▼ 0.230.84within the sector's middle half▲ 0.090.94within the sector's middle half▲ 0.090.95within the sector's middle half▲ 0.011.15within the sector's middle half▲ 0.21
Return on assets (ROA)30.2%above the sector's middle half▲ 6.4pp18.2%above the sector's middle half▼ 12.0pp11.3%within the sector's middle half▼ 6.9pp12.0%within the sector's middle half▲ 0.7pp8.0%within the sector's middle half▼ 4.0pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
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 46% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223,301
Fixed assets
€110,225 ▲ 9.1%
Current assets
€113,076 ▲ 18.2%
Equity and liabilities €223,301
Equity
€84,752 ▲ 7.5%
Debt
€138,550 ▲ 17.5%
Debt's share of the balance-sheet total rises from 59.9% to 62.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46,707▼
2024 · €56,856
Cash flow
€49,204▼
2024 · €51,742
Debt to equity
1.63▲
2024 · 1.50
ROE
21.1%▼
2024 · 30.0%
Interest coverage
14.72▼
2024 · 20.99
Debt ≤ 1 year
€97,999▼
2024 · €100,872
Debt > 1 year
€28,551▲
2024 · €15,039
Income taxes
€9,051▼
2024 · €10,263
Staff costs
€108,871▼
2024 · €120,161
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €79,878 | €86,513 | €87,056 | €120,161 | €108,871 | ▼ 9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,576 | €17,580 | €22,963 | €28,120 | €31,284 | ▲ 11.3% |
| Other operating charges640/8 | €4,528 | €3,795 | €5,540 | €9,880 | €9,690 | ▼ 1.9% |
| Non-recurring operating charges66A | €604 | €684 | €1,140 | €1,053 | €6,822 | ▲ 548% |
| Gross operating margin9900 | €135,648 | €135,816 | €138,005 | €187,950 | €172,090 | ▼ 8.4% |
| Operating profit (loss)9901 | €39,063 | €27,244 | €21,306 | €28,736 | €15,423 | ▼ 46.3% |
| Financial income75/76B | €12,049 | €16,047 | €11,443 | €7,858 | €14,720 | ▲ 87.3% |
| Recurring financial income75 | €12,049 | €16,047 | €11,443 | €7,858 | €9,761 | ▲ 24.2% |
| Non-recurring financial income76B | - | - | - | - | €4,959 | - |
| Financial charges65/66B | €1,022 | €1,567 | €1,578 | €2,709 | €3,172 | ▲ 17.1% |
| Recurring financial charges65 | €1,022 | €1,567 | €1,578 | €2,709 | €3,172 | ▲ 17.1% |
| Profit (loss) for the period before taxes9903 | €50,090 | €41,725 | €31,171 | €33,885 | €26,971 | ▼ 20.4% |
| Income taxes67/77 | €13,883 | €12,185 | €11,179 | €10,263 | €9,051 | ▼ 11.8% |
| Profit (loss) for the period9904 | €36,207 | €29,540 | €19,992 | €23,622 | €17,919 | ▼ 24.1% |
| Profit (loss) for the period to be appropriated9905 | €36,207 | €29,540 | €19,992 | €23,622 | €17,919 | ▼ 24.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,943 | €162,325 | €177,098 | €196,743 | €223,301 | ▲ 13.5% |
| Fixed assets21/28 | €61,261 | €80,367 | €90,078 | €101,058 | €110,225 | ▲ 9.1% |
| Intangible fixed assets21 | - | - | €1,283 | €1,003 | €723 | ▼ 27.9% |
| Tangible fixed assets22/27 | €60,341 | €79,447 | €87,875 | €99,135 | €108,582 | ▲ 9.5% |
| Plant, machinery and equipment23 | - | - | - | - | €19,268 | - |
| Furniture and vehicles24 | €35,588 | €58,921 | €65,557 | €50,103 | €45,307 | ▼ 9.6% |
| Other tangible fixed assets26 | €24,753 | €20,526 | €18,818 | €49,032 | €44,007 | ▼ 10.2% |
| Assets under construction and advance payments27 | - | - | €3,500 | €0 | - | - |
| Financial fixed assets28 | €920 | €920 | €920 | €920 | €920 | = |
| Current assets29/58 | €58,682 | €81,958 | €87,021 | €95,685 | €113,076 | ▲ 18.2% |
| Amounts receivable within one year40/41 | €31,146 | €40,076 | €60,078 | €75,691 | €59,611 | ▼ 21.2% |
| Trade receivables40 | €21,214 | €39,264 | €43,401 | €37,534 | €35,076 | ▼ 6.5% |
| Other amounts receivable41 | €9,932 | €812 | €16,677 | €38,157 | €24,535 | ▼ 35.7% |
| Cash at bank and in hand54/58 | €23,942 | €34,009 | €24,644 | €19,994 | €44,327 | ▲ 122% |
| Deferred charges and accrued income490/1 | €3,594 | €7,873 | €2,298 | - | €9,138 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,943 | €162,325 | €177,098 | €196,743 | €223,301 | ▲ 13.5% |
| Equity10/15 | €20,678 | €35,218 | €55,210 | €78,832 | €84,752 | ▲ 7.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | - | - | - |
| Issued capital100 | €18,600 | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | - | - | - |
| Other1319 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €218 | €14,758 | €34,750 | €58,372 | €64,292 | ▲ 10.1% |
| Amounts payable17/49 | €99,265 | €127,107 | €121,888 | €117,911 | €138,550 | ▲ 17.5% |
| Amounts payable after more than one year17 | €14,383 | €29,915 | €28,929 | €15,039 | €28,551 | ▲ 89.8% |
| Financial debts170/4 | €14,383 | €29,915 | €28,929 | €15,039 | €28,551 | ▲ 89.8% |
| Amounts payable within one year42/48 | €77,883 | €97,192 | €92,959 | €100,872 | €97,999 | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | €10,345 | €17,130 | €19,565 | €17,613 | €21,747 | ▲ 23.5% |
| Trade debts44 | €17,681 | €20,361 | €36,311 | €25,795 | €41,459 | ▲ 60.7% |
| Suppliers440/4 | €17,681 | €20,361 | €36,311 | €25,795 | €41,459 | ▲ 60.7% |
| Taxes, remuneration and social security45 | €4,742 | €17,608 | €5,084 | €10,989 | €2,344 | ▼ 78.7% |
| Taxes450/3 | - | €13,210 | €215 | €2,977 | €80 | ▼ 97.3% |
| Remuneration and social security454/9 | €4,742 | €4,399 | €4,869 | €8,012 | €2,264 | ▼ 71.7% |
| Other amounts payable47/48 | €45,116 | €42,092 | €32,000 | €46,475 | €32,449 | ▼ 30.2% |
| Accrued charges and deferred income492/3 | €7,000 | - | - | €2,000 | €12,000 | ▲ 500% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,207 | €29,540 | €19,992 | €23,622 | €17,919 | ▼ 24.1% |
| + Depreciation and write-downs630 | €11,576 | €17,580 | €22,963 | €28,120 | €31,284 | ▲ 11.3% |
| Operating cash flow (approximation) | €47,783 | €47,120 | €42,955 | €51,742 | €49,204 | ▼ 4.9% |
| Investment in fixed assets (approximation) | - | -€36,686 | -€32,674 | -€39,101 | -€40,451 | ▼ 3.5% |
| Change in cash | - | €10,067 | -€9,365 | -€4,650 | €24,333 | ▲ 623% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €17,919 ▼24.1%
Net result drops to €17,919, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Charleroi · 2 establishment units since 2004
Ground area
1,569 m²
Building footprint
119 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Vitrotech – Remplacement pare-brise
since 20042.178.637.123
Vitrotech
since 20162.258.553.740
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84009C0199/00A002 | Wallonia | 864 m² | 1 · 119 m² | - |
| 52014B0337/00V000 | Wallonia | 705 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 757 companies in sector 95313 we hold annual accounts for 290. 229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
95313Repair and fitting of specific motor vehicle parts
Contact
Phone
071/433419Charleroi
E-invoicing
Reachable via Peppol
Peppol ID
0208:0477625921
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.