Equity
Debts exceed assets in financial year 2024.
Debts exceed assets in financial year 2024.
Every financial year from 2017 to 2024 closed with a loss. 2022 was the heaviest.
The accounts state no turnover.
Of this, €198,357 falls due within a year.
2025 accounts not filed: deadline was 31-07-2026.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 62.8% · 20,537 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 3% of them on solvency, 7% on liquidity, 26% on profitability and 38% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
In July 2024, 2,333 companies had the same profile as VITRUVIANA has now. Each dot stands for 6 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VITRUVIANA itself: 1.2% within 12 months.
The method was tested on the 497,447 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.
| 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 2,333 companies, not a prediction for VITRUVIANA. 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.
Liquidity is insufficient, with a current ratio of 0.2 (0.13 in 2023), below 1. Short-term debt is 197.2% and cash 13.8% of total assets. Equity is negative.
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.
The company filed its last 6 accounts on average 167 days after 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.
| Company | ||||
|---|---|---|---|---|
| VITRUVIANA Chapelle-lez-Herlaimont | €100,599 | €43,319 | -157.8% | - |
| BT CLINICAL COMPUTING Charleroi | €118,871 | €38,329 | -227.4% | - |
| FIBUD Courcelles | €105,897 | €43,964 | 86.0% | - |
| MONKEYMAN Genk | €99,528 | €43,040 | 77.7% | - |
| GHECOS Bruges | €105,039 | €43,203 | 22.0% | - |
| EXPERT VISION Aalter | €107,686 | €39,285 | 20.6% | - |
| ByJazz Watermael-Boitsfort | €92,327 | €41,024 | 85.8% | - |
These companies have the same main activity as VITRUVIANA: computer programming (NACE 62100). They are comparable in size and age: total assets between €92,300 and €119,000, founded between 2015 and 2016.
VITRUVIANA files the micro format. That format states no turnover. The gross margin rose from €567 in 2015 to €43,319 in 2024.
The balance sheet grew most from 2020 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €190,000.
Lower than 95% of 20,537 companies in 2024.
Lower than 95% of 19,921 companies in 2024.
Higher than 14% of 20,101 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
100,599 | 119,128 | 108,651 | 146,568 | 89,847 | 31,737 | 43,264 | 61,062 | 65,434 | 7,614 | |
21/28 |
61,233 | 91,558 | 86,900 | 110,744 | 50,191 | 3,443 | 3,555 | - | - | - | |
22/27 |
61,233 | 91,558 | 86,900 | 110,744 | 50,191 | 3,443 | 3,555 | - | - | - | |
22 |
8,851 | 13,342 | 17,984 | 18,996 | 22,717 | - | - | - | - | - | |
23 |
51,411 | 73,229 | 57,201 | 72,651 | 1,901 | 3,091 | 2,850 | - | - | - | |
24 |
971 | 4,987 | 11,715 | 19,097 | 25,573 | 352 | 705 | - | - | - | |
29/58 |
39,366 | 27,570 | 21,751 | 35,824 | 39,656 | 28,294 | 39,709 | 61,062 | 65,434 | 7,614 | |
3 |
19,317 | 1,289 | 7,780 | 4,581 | 1,354 | 1,354 | - | - | - | - | |
30/36 |
19,317 | 1,289 | 7,780 | 4,581 | 1,354 | 1,354 | - | - | - | - | |
40/41 |
5,121 | 5,574 | 4,577 | 16,619 | 25,569 | 24,263 | 29,907 | 43,451 | 8,748 | 4,458 | |
40 |
5,021 | 5,474 | 4,477 | 13,744 | 12,891 | 13,063 | 11,157 | 22,601 | 2,561 | 3,024 | |
41 |
100 | 100 | 100 | 2,875 | 12,678 | 11,200 | 18,750 | 20,850 | 6,188 | 1,434 | |
54/58 |
13,861 | 12,907 | 9,394 | 14,624 | 12,733 | 2,677 | 9,802 | 17,611 | 56,496 | 3,156 | |
490/1 |
1,067 | 7,800 | - | - | - | - | - | - | 189 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
100,599 | 119,128 | 108,651 | 146,568 | 89,847 | 31,737 | 43,264 | 61,062 | 65,434 | 7,614 | |
10/15 |
-158,707 | -156,531 | -138,258 | -72,360 | -6,776 | 21,649 | 37,585 | 38,790 | 43,468 | 5,855 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 31,385 | 1,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | 29,525 | - | - | - | |
14 |
-166,767 | -164,591 | -146,318 | -80,420 | -14,836 | 13,589 | - | 30,730 | 35,408 | -345 | |
17/49 |
259,306 | 275,659 | 246,909 | 218,928 | 96,623 | 10,088 | 5,679 | 22,272 | 21,966 | 1,759 | |
17 |
60,949 | 54,591 | 77,890 | 99,578 | 31,000 | - | - | - | - | - | |
170/4 |
60,949 | 54,591 | 77,890 | 99,578 | 31,000 | - | - | - | - | - | |
42/48 |
198,357 | 219,792 | 167,742 | 118,073 | 63,481 | 10,088 | 5,679 | 22,272 | 21,966 | 1,759 | |
42 |
5,943 | 5,800 | 5,646 | 5,503 | 6,000 | - | - | - | - | - | |
44 |
32,300 | 27,834 | 19,886 | 12,440 | 13,150 | 944 | 3,476 | 1,458 | 108 | 1,239 | |
440/4 |
32,300 | 27,834 | 19,886 | 12,440 | 13,150 | 944 | 3,476 | 1,458 | 108 | 1,239 | |
46 |
- | - | - | 10,300 | 8,055 | - | - | - | - | - | |
45 |
42,256 | 34,451 | 18,772 | 6,016 | - | 2,568 | 2,047 | 20,658 | 21,702 | 520 | |
450/3 |
7,440 | 6,835 | 756 | - | - | 2,568 | 2,047 | 20,658 | 21,702 | 520 | |
454/9 |
34,816 | 27,616 | 18,016 | 6,016 | - | - | - | - | - | - | |
47/48 |
117,858 | 151,707 | 123,438 | 83,814 | 36,276 | 6,576 | 156 | 156 | 156 | - | |
492/3 |
- | 1,276 | 1,277 | 1,277 | 2,142 | - | - | - | - | - | |
| Income statement | |||||||||||
9900 |
43,319 | 30,758 | -34,049 | -36,807 | -18,277 | -15,102 | 1,356 | -4,502 | 58,237 | 567 | |
62 |
- | - | - | 12,710 | - | - | - | - | - | - | |
630 |
30,325 | 30,741 | 28,404 | 14,774 | 8,306 | 1,542 | 1,065 | - | - | - | |
640/8 |
10,235 | 12,350 | 1,592 | 118 | - | - | 348 | 348 | - | 356 | |
9901 |
2,759 | -12,333 | -64,045 | -64,409 | -26,583 | -16,644 | -56 | -4,849 | 58,237 | 211 | |
75/76B |
17 | - | - | - | - | 896 | 1,064 | 736 | 1 | - | |
75 |
17 | - | - | - | - | 896 | 1,064 | 736 | 1 | - | |
65/66B |
4,344 | 5,240 | 1,853 | 1,174 | 1,638 | 188 | 165 | 452 | 73 | 36 | |
65 |
4,344 | 5,240 | 1,853 | 1,174 | 1,638 | 188 | 165 | 452 | 73 | 36 | |
9903 |
-1,568 | -17,573 | -65,898 | -65,583 | -28,221 | -15,936 | 843 | -4,566 | 58,164 | 175 | |
67/77 |
608 | 700 | - | - | 204 | - | 2,047 | 112 | 20,551 | 520 | |
9904 |
-2,176 | -18,273 | -65,898 | -65,583 | -28,425 | -15,936 | -1,204 | -4,678 | 37,613 | -345 | |
9905 |
-2,176 | -18,273 | -65,898 | -65,583 | -28,425 | -15,936 | -1,204 | -4,678 | 37,613 | -345 | |
| Appropriation of the result | |||||||||||
9906 |
-166,767 | -164,591 | -146,318 | -80,420 | -14,836 | 13,589 | 29,525 | 30,730 | 37,268 | -345 | |
14P |
-164,591 | -146,318 | -80,420 | -14,837 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 29,525 | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | - | |
6921 |
- | - | - | - | - | - | 29,525 | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 30-12-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 30-12-2025 | 2025-00592214 | |
| 31-12-2023 | micro format | 24-04-2025 | 2025-00074696 | |
| 31-12-2022 | micro format | 21-02-2024 | 2024-00032523 | |
| 31-12-2021 | micro format | 04-10-2022 | 2022-20450673 | |
| 31-12-2020 | micro format | 04-12-2021 | 2021-79300361 | |
| 31-12-2019 | micro format | 01-02-2021 | 2021-03200562 | |
| 31-12-2018 | full format | 18-11-2019 | 2019-73800559 | |
| 31-12-2017 | full format | 01-10-2018 | 2018-67600601 | |
| 31-12-2016 | full format | 01-12-2017 | 2017-70900553 | |
| 31-12-2015 | full format | 29-08-2016 | 2016-49100226 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,084 | 18,408 | -35,641 | -49,635 | -18,277 | -15,102 | 1,009 | - | - | - | ||
| 28,149 | 12,468 | -37,494 | -50,809 | -20,119 | -14,394 | -139 | - | - | - | ||
| 0 | 35,400 | 4,560 | 75,327 | 55,054 | 1,430 | 4,620 | - | - | - | ||
| 954 | 3,513 | -5,230 | 1,891 | 10,056 | -7,125 | -7,809 | -38,885 | 53,340 | - | ||
| -158,991 | -192,222 | -145,991 | -82,249 | -23,825 | 18,206 | 34,030 | 38,790 | 43,468 | 5,855 | ||
| -157.8% | -131.4% | -127.2% | -49.4% | -7.5% | 68.2% | 86.9% | 63.5% | 66.4% | 76.9% | ||
| 0.20 | 0.13 | 0.13 | 0.30 | 0.62 | 2.80 | 6.99 | 2.74 | 2.98 | 4.33 | ||
| 0.10 | 0.12 | 0.08 | 0.26 | 0.60 | 2.67 | 6.99 | 2.74 | 2.98 | 4.33 | ||
| - | - | - | - | - | 0.47 | 0.15 | 0.57 | 0.51 | 0.30 | ||
| - | - | - | - | - | -73.6% | -3.2% | -12.1% | 86.5% | -5.9% | ||
| -2.2% | -15.3% | -60.7% | -44.7% | -31.6% | -50.2% | -2.8% | -7.7% | 57.5% | -4.5% | ||
| 7.62 | 3.51 | -19.23 | -42.28 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €35,400 | €4,560 | €75,327 |
| €30,325 | €30,741 | €28,404 | €14,774 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is a profit of €2,759, after a loss of €12,333 in 2023. It is the highest result since 2016.
Equity is negative. Debt (€259,306) exceeds the balance-sheet total (€100,599).
VITRUVIANA has no parent and no holdings in its annual accounts.
| Monsieur André LEMAIRE, docteur en médecine
registered office since 24-12-1998 · founded in 1998 · accounts filed late |
total assets €611,587 (2024) 0464.988.801 |
| ESTINVEST
registered office since 09-09-1991 · founded in 1991 · negative equity (2024) · accounts filed late |
total assets €266,164 (2024) 0445.051.242 |
| Association des Copropriétaires Résidence de la rue du Nord, rue du Nord, 225 à Chapelle lez Herlaimont
registered office since 05-08-2019 |
founded in 2019 0733.590.808 |
The connected companies are in the list below.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Nord 225 registered office 7160 Chapelle-lez-Herlaimont | ||
| Rue de Marcinelle 5 6000 Charleroi | 01-04-2015 | 2.241.393.549 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 52010A0843/00C000 | 1,578 m² | - | - |
| 52011D0088/00C000 | 253 m² | 1 · 63 m² | 15.8 m · 5 |
If something looks wrong or is missing, please tell us.