VOJTEC
ActiveSummary
VOJTEC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €-535. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-6
Solvency63▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.19 in 2023; short-term debt: 44.2% of total assets), and 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.8%
Return on assets
-0.1%
Age of the figures
21 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
57 d late
2022
100 d late
2021
61 d late
2020
48 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€174k▼ 0.3%
2023 · €175k
2018: €35k
2019: €47k
2020: €63k
2021: €102k
2022: €149k
2023: €175k
2018 → 2024
Total assets
€461k▼ 13.3%
2023 · €531k
2018: €289k
2019: €176k
2020: €194k
2021: €196k
2022: €317k
2023: €531k
2018 → 2024
Net result
€-535
2023 · €26k
2018: €5k
2019: €47k
2020: €16k
2021: €40k
2022: €77k
2023: €26k
2018 → 2024
Working capital
€-174k▲ 11.7%
2023 · €-197k
2018: €-115k
2019: €-92k
2020: €-69k
2021: €-67k
2022: €-110k
2023: €-197k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€63k-€102k▲ 63.5%€149k▲ 45.6%€175k▲ 17.1%€174k▼ 0.3%
Operating result€27k-€62k▲ 130%€92k▲ 49.7%€48k▼ 48.1%€12k▼ 75.4%
Net result€16k-€40k▲ 153%€77k▲ 92.8%€26k▼ 66.7%€-535
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 75% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €461k
Fixed assets
€431k ▼ 10.9%
Current assets
€29k ▼ 38.0%
Equity and liabilities €461k
Equity
€174k ▼ 0.3%
Provisions
€1k =
Debt
€285k ▼ 19.8%
Debt's share of the balance-sheet total falls from 66.9% to 62.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€69k▼
2023 · €92k
Cash flow
€56k▼
2023 · €69k
Current ratio
0.14▼
2023 · 0.19
Quick ratio
0.14▼
2023 · 0.19
Debt to equity
1.64▼
2023 · 2.04
ROE
-0.3%▼
2023 · 14.6%
ROA
-0.1%▼
2023 · 4.8%
Interest coverage
6.35▼
2023 · 13.61
Debt ≤ 1 year
€203k▼
2023 · €245k
Debt > 1 year
€82k▼
2023 · €111k
Income taxes
€2k▼
2023 · €16k
Staff costs
€18▼
2023 · €199
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€531k€461k▼
Fixed assets21/28€484k€431k▼
Tangible fixed assets22/27€483k€430k▼
Land and buildings22€297k€279k▼
Plant, machinery and equipment23€11k€14k▲
Furniture and vehicles24€174k€136k▼
Financial fixed assets28€1k€1k=
Current assets29/58€48k€29k▼
Stocks and contracts in progress3-€182
Stocks30/36-€182
Amounts receivable within one year40/41€33k€19k▼
Trade receivables40€23k€14k▼
Other amounts receivable41€10k€5k▼
Current investments50/53€343€327▼
Cash at bank and in hand54/58€10k-
Deferred charges and accrued income490/1€4k€10k▲
Equity and liabilities
Total equity and liabilities10/49€531k€461k▼
Equity10/15€175k€174k▼
Contributions10/11€6k€6k=
Reserves13€114k€168k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€112k€166k▲
Profit (loss) carried forward14€54k-
Provisions and deferred taxes16€1k€1k=
Provisions for liabilities and charges160/5€1k€1k=
Other liabilities and charges164/5€1k€1k=
Amounts payable17/49€356k€285k▼
Amounts payable after more than one year17€111k€82k▼
Financial debts170/4€111k€82k▼
Amounts payable within one year42/48€245k€203k▼
Current portion of amounts payable after more than one year42€67k€59k▼
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€103k€94k▼
Suppliers440/4€103k€94k▼
Taxes, remuneration and social security45€14k€1k▼
Taxes450/3€14k€1k▼
Other amounts payable47/48€61k€46k▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€199€18▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€57k▲
Other operating charges640/8€34k€4k▼
Non-recurring operating charges66A€4k€6k▲
Gross operating margin9900€130k€78k▼
Operating profit (loss)9901€48k€12k▼
Financial income75/76B€3€283▲
Recurring financial income75€3€283▲
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€41k€1k▼
Income taxes67/77€16k€2k▼
Profit (loss) for the period9904€26k€-535▼
Profit (loss) for the period to be appropriated9905€26k€-535▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€54k▼
Profit (loss) brought forward from the previous period14P€54k€54k=
Transfer to equity691/2€26k€54k▲
To other reserves6921€26k€54k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Weakest financial yearnet €-535 ▼102%
Net result drops to €-535, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Equity above €150kEq €175k ▲17.1%
6 profitable years in a row build equity to €175k.
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
31-12
Financial
Highest result since 2018net €77k ▲92.8%
Operating result €92k, net result €77k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Equity above €100kEq €102k ▲63.5%
4 profitable years in a row build equity to €102k.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
15-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 441 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kontich · 1 establishment unit since 2008
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.
Duffelsesteenweg 1552550 KontichGround area
586 m²
Building footprint
113 m²
Volume, LiDAR
575 m³
Parcel 11602C0176/00V004, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VOJTEC
since 20082.173.227.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0176/00V004 | Flanders | 586 m² | 1 · 113 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TW Klimatics
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Duotherm
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43331Floor and wall tiling
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.