VT-Systems
ActiveVT-Systems has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255k and a net result of €21k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
87
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+14
Solvency93=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.33 against 4.67 in 2024), but 52.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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
47.7%
Return on assets
3.9%
Age of the figures
8 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 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 d late
2024
26 d late
2023
16 d early
2022
27 d early
2021
6 d early
2020
22 d early
2019
28 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€255k▲ 9.0%
2024 · €234k
2018: €151k
2019: €202k
2020: €274k
2021: €247k
2022: €272k
2023: €221k
2024: €234k
2018 → 2025
Total assets
€534k▲ 9.8%
2024 · €486k
2018: €229k
2019: €248k
2020: €328k
2021: €547k
2022: €570k
2023: €552k
2024: €486k
2018 → 2025
Net result
€21k▲ 67.9%
2024 · €13k
2018: €20k
2019: €51k
2020: €72k
2021: €28k
2022: €50k
2023: €11k
2024: €13k
2018 → 2025
Working capital
€199k▲ 14.9%
2024 · €173k
2018: €142k
2019: €192k
2020: €274k
2021: €234k
2022: €225k
2023: €174k
2024: €173k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€272k▲ 9.9%€221k▼ 18.7%€234k▲ 5.7%€255k▲ 9.0%
Operating result€38k-€88k▲ 130%€30k▼ 66.2%€24k▼ 19.6%€39k▲ 64.1%
Net result€28k-€50k▲ 75.9%€11k▼ 77.4%€13k▲ 10.7%€21k▲ 67.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 64% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €534k
Fixed assets
€249k▼ 6.2%
Current assets
€285k▲ 29.1%
Equity and liabilities €534k
Equity
€255k▲ 9.0%
Debt
€279k▲ 10.6%
The debt ratio rises from 51.9% to 52.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€62k▲
2024 · €44k
Cash flow
€44k▲
2024 · €32k
Solvency
47.7%▼
2024 · 48.1%
Current ratio
3.33▼
2024 · 4.67
Quick ratio
2.51▼
2024 · 3.19
Debt / equity
1.10▲
2024 · 1.08
ROE
8.3%▲
2024 · 5.4%
ROA
3.9%▲
2024 · 2.6%
Interest coverage
6.90▼
2024 · 7.07
Debt
€279k▲
2024 · €252k
Debt ≤ 1 year
€86k▲
2024 · €47k
Debt > 1 year
€193k▼
2024 · €205k
Income taxes
€9k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€486k€534k▲
Fixed assets21/28€265k€249k▼
Tangible fixed assets22/27€265k€249k▼
Land and buildings22€232k€221k▼
Plant, machinery and equipment23€13k€7k▼
Furniture and vehicles24€20k€21k▲
Current assets29/58€221k€285k▲
Stocks and contracts in progress3€70k€70k=
Stocks30/36€70k€70k=
Amounts receivable within one year40/41€110k€134k▲
Trade receivables40€68k€78k▲
Other amounts receivable41€42k€56k▲
Cash at bank and in hand54/58€31k€41k▲
Deferred charges and accrued income490/1€9k€39k▲
Equity and liabilities
Total equity and liabilities10/49€486k€534k▲
Equity10/15€234k€255k▲
Contributions10/11€6k€6k=
Reserves13€227k€248k▲
Distributable reserves133€227k€248k▲
Amounts payable17/49€252k€279k▲
Amounts payable after more than one year17€205k€193k▼
Financial debts170/4€205k€193k▼
Amounts payable within one year42/48€47k€86k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€31k€72k▲
Suppliers440/4€31k€72k▲
Taxes, remuneration and social security45€2k€238▼
Taxes450/3€2k€238▼
Other amounts payable47/48€4k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€46k€64k▲
Operating profit (loss)9901€24k€39k▲
Financial income75/76B€82€0▼
Recurring financial income75€82€0▼
Financial charges65/66B€6k€9k▲
Recurring financial charges65€6k€9k▲
Profit (loss) for the period before taxes9903€18k€30k▲
Income taxes67/77€5k€9k▲
Profit (loss) for the period9904€13k€21k▲
Profit (loss) for the period to be appropriated9905€13k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€21k▲
Transfer to equity691/2€13k€21k▲
To other reserves6921€13k€21k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €11k ▼77.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €72k ▲41.8%
Operating result €102k, net result €72k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €202k ▲33.7%
2 profitable years in a row build equity to €202k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Hasselt · 1 establishment unit since 2011
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.
Holrakkerstraat 383510 HasseltGround area
857 m²
Building footprint
140 m²
Volume, LiDAR
741 m³
Parcel 71028A0304/00B003, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VT-SYSTEMS
since 20112.196.686.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028A0304/00B003 | Flanders | 857 m² | 1 · 140 m² | 10.6 m · 1 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.
Similar companies · same sector, comparable size
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"Entreprise Deschamps"
BE 0885.341.071
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 7,836 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.