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VLATI

Active
Private limited companyfounded 2002active for 24 yearsPlace Hector-Denis 7B, 4030 Liège, BelgiumKBO/BCE: BE 0476.629.987
Summary

VLATI has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,473) and a net result of €1,619. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 11-01-2002 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110and 2 others
Establishment unit
2.155.894.482 4030 Liège, since 05-09-2006
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board
  • IQBAL MuhammadDirector · since 18-12-2001
  • ANWAR FATIMADirector · since 01-07-2006

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€1,338
Turnover
≈ €39,000
estimated
Profit
€1,619
Equity
-€21,473
▲ 7.0%
Total assets
€15,093
▼ 7.4%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€21,473Sector: Retail trade (NACE 47)lowers riskSize: total assets €15,093Founded in 2002Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -142.3% of total assets
Liquidity 9+5
short-term debt 242.3% · cash 7.0%
Profitability 64+64
return on assets 10.7%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.9% 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.3 percentage points vs 06-2025 08-2025: 1.7%▲ +0.5 percentage points vs 07-2025 09-2025: 1.4%▼ -0.3 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.3%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.2 percentage points vs 06-2026 08-2026: 2.0%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.6%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.41 (0.41 in 2024), below 1. Short-term debt is 242.3% and cash 7% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 10% on liquidity, 45% on profitability and 56% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €15,093
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€21,473
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12777 sector peers (2025).
NBB · sector comparison
Position among 12777 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
30 days late
2023
30 days late
2022
25 days late
2021
24 days late
2020
90 days late
2018
58 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€21,473 View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 36.6% · 12,777 companies -142.3% View

Recent changes

  1. · Gazette deed Change of role: IQBAL Muhammad, from manager to director
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as VLATI: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €11,800 and €21,400, founded between 2001 and 2004.

CompanyTotal assetsGross margin
VLATI Liège€15,093€1,338
GAZIPUR Sint-Lambrechts-Woluwe€13,073-€10,522
PALAK Hasselt€15,291-€4,863
HALIL GENERAL TRADING Schaarbeek€18,013-€5,146
EAGLE SAHIN Liège€17,002€2,122
SAHRA ALIMENTATION Engis€21,421-€796
CHEZ SUZY Ninove€11,785-€6,344
Full comparison

Key facts about VLATI

What is the company number of VLATI?
The company number of VLATI is 0476.629.987. The VAT number is the same number with BE in front: BE 0476.629.987.
Where is VLATI based?
The registered office is at Place Hector-Denis 7B, 4030 Liège.Company details
What does VLATI do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of VLATI?
The legal form of VLATI is Private limited company (BV).
When was VLATI founded?
VLATI was founded on 11-01-2002.
Is VLATI still active?
Yes, VLATI is an active enterprise in the KBO register.
What is the turnover of VLATI?
The turnover in financial year 2025 is ≈ €39,000. This figure is estimated from the gross margin of €1,338 and 46 comparable companies (NACE 47110). It probably lies between €12,000 and €75,000. It is a rough estimate.Financials
Is VLATI profitable?
In financial year 2025, VLATI made a profit of €1,619.
Where can I find the annual accounts of VLATI?
VLATI filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VLATI due?
VLATI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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