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VITSKI

Active
Private limited company· 3 yrs active
Havendoklaan 7.3. ·1800 Vilvoorde, Belgium
BE 0792.200.186
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of VITSKI is 2.5% (moderate). The 2025 annual accounts show equity of €133k and a net result of €26k. Equity is growing by ~82.1% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.5% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€26k-82.4%
Working capital€134k+26.2%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 09-06-2026 with the NBB · fiscal year 2025 · micro
€-100k€0€100k€200k€300kOperating result 2023: €19k€19kNet result 2023: €-47k€-47kOperating result 2024: €288k€288kNet result 2024: €149k€149kOperating result 2025: €103k€103kNet result 2025: €26k€26k202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~82.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-200k€0€200k€400k2026: €220k (€209k - €231k)2027: €307k (€297k - €318k)2028: €395k (€384k - €405k)2023: €-42k2024: €106k2025: €133k202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€26k
-82.4% 23-25
Total assets
€1.67M
+13.1% 23-25
Equity
€133k
+24.6% 23-25
Working capital
€134k
+26.2% 23-25
Income taxes
€12k
-74.1% 23-25
Debt
€1.54M
+12.2% 23-25
Debt ≤ 1y
€1.54M
+12.1% 23-25
Debt > 1y
€925k
- 23-25
Current ratio
1.09
+0.9% 23-25
Quick ratio
0.06
-69.6% 23-25
Solvency
7.9%
+10.1% 23-25
Debt / equity
11.62
-9.9% 23-25
ROE
19.7%
-85.9% 23-25
ROA
1.6%
-84.4% 23-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA-
Net profit€26k
Cash flow-
Staff costs-
Income taxes€12k
Dividends-
Total assets€1.67M
Equity€133k
Debt€1.54M
of which ≤ 1y€1.54M
of which > 1y-
Working capital€134k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.09
Quick ratio0.06
Working capital ratio8.0%
Solvency7.9%
Debt / equity11.62
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA1.6%
ROE19.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€1.67M
Current assets 29/58€1.67M
Stocks & contracts in progress 3€1.58M
Amounts receivable within one year 40/41€89k
Cash & bank 54/58€407
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.67M
Equity 10/15€133k
Contributions / capital 10/11€5k
Reserves 13€128k
Amounts payable 17/49€1.54M
Amounts payable within one year 42/48€1.54M
Trade debts payable within one year 44€19k
Income statement
Gross operating margin 9900€106k
Operating result 9901€103k
Financial charges 65€65k
Result before taxes 9903€38k
Income taxes 67/77€12k
Net result for the period 9904€26k
Result to be appropriated 9905€26k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
50 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
VITSKI
Havendoklaan 7.3., 1800 VilvoordeInstallatie van particuliere zwembaden (niet geprefabriceerd)
since 20222.336.831.849
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,088 m²
Buildings1
Building footprint2,294 m²
Volume (LiDAR)15,598 m³
Tallest building8.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643E0213/00H000 Flanders 5,088 m² 1 · 2,294 m² 8.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health50Profitability99Solvency18Growth78Stability94
68 / 100

Strong profile, led by profitability.

Health 50
Profitability 99
Solvency 18
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL VITSKI
Registered office
Havendoklaan 7.3.
1800 Vilvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.