VTECH CONCEPT
ActiveSummary
VTECH CONCEPT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,921 and a net result of -€45. Its solvency ranks better than 31% of 1048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-20
Solvency51▼-5
Growth32
Track record82
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
26.5%
Return on assets
-0.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 2 filingsDeviation from the deadline
2025
29 d late
2024
27 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€5,921▼ 0.8%
2024 · €5,966
Total assets
€22,384▲ 14.8%
2024 · €19,490
Net result
-€45
2024 · €2,966
Working capital
€2,696▲ 15.6%
2024 · €2,332
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€3,402-€316▼ 90.7%
Net result€2,966--€45
Equity€5,966-€5,921▼ 0.8%
Total assets€19,490-€22,384▲ 14.8%
Debt€13,524-€16,463▲ 21.7%
Working capital€2,332-€2,696▲ 15.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22,384
Fixed assets
€3,225 ▼ 11.3%
Current assets
€19,160 ▲ 20.8%
Equity and liabilities €22,384
Equity
€5,921 ▼ 0.8%
Debt
€16,463 ▲ 21.7%
Debt's share of the balance-sheet total rises from 69.4% to 73.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1,179▼
2024 · €3,667
Cash flow
€818▼
2024 · €3,232
Current ratio
1.16▼
2024 · 1.17
Debt to equity
2.78▲
2024 · 2.27
ROE
-0.8%▼
2024 · 49.7%
ROA
-0.2%▼
2024 · 15.2%
Interest coverage
5.89▼
2024 · 22.24
Debt ≤ 1 year
€16,463▲
2024 · €13,524
Income taxes
€251▼
2024 · €270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €266 | €863 | ▲ 225% |
| Other operating charges640/8 | €772 | €400 | ▼ 48.2% |
| Gross operating margin9900 | €4,439 | €1,579 | ▼ 64.4% |
| Operating profit (loss)9901 | €3,402 | €316 | ▼ 90.7% |
| Financial income75/76B | - | €90 | - |
| Recurring financial income75 | - | €90 | - |
| Financial charges65/66B | €165 | €200 | ▲ 21.4% |
| Recurring financial charges65 | €165 | €200 | ▲ 21.4% |
| Profit (loss) for the period before taxes9903 | €3,237 | €205 | ▼ 93.7% |
| Income taxes67/77 | €270 | €251 | ▼ 7.3% |
| Profit (loss) for the period9904 | €2,966 | -€45 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €2,966 | -€45 | ▼ 102% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,490 | €22,384 | ▲ 14.8% |
| Fixed assets21/28 | €3,634 | €3,225 | ▼ 11.3% |
| Tangible fixed assets22/27 | €3,634 | €3,225 | ▼ 11.3% |
| Plant, machinery and equipment23 | €3,634 | €3,225 | ▼ 11.3% |
| Current assets29/58 | €15,856 | €19,160 | ▲ 20.8% |
| Amounts receivable within one year40/41 | - | €515 | - |
| Other amounts receivable41 | - | €515 | - |
| Cash at bank and in hand54/58 | €15,154 | €18,645 | ▲ 23.0% |
| Deferred charges and accrued income490/1 | €701 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,490 | €22,384 | ▲ 14.8% |
| Equity10/15 | €5,966 | €5,921 | ▼ 0.8% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Outside capital11 | €3,000 | €3,000 | = |
| Other1109/19 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €2,966 | €2,921 | ▼ 1.5% |
| Amounts payable17/49 | €13,524 | €16,463 | ▲ 21.7% |
| Amounts payable within one year42/48 | €13,524 | €16,463 | ▲ 21.7% |
| Trade debts44 | €187 | €171 | ▼ 8.7% |
| Suppliers440/4 | €187 | €171 | ▼ 8.7% |
| Taxes, remuneration and social security45 | €452 | €12,251 | ▲ 2,611% |
| Taxes450/3 | €452 | €251 | ▼ 44.5% |
| Remuneration and social security454/9 | - | €12,000 | - |
| Other amounts payable47/48 | €12,884 | €4,041 | ▼ 68.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,966 | -€45 | ▼ 102% |
| + Depreciation and write-downs630 | €266 | €863 | ▲ 225% |
| Operating cash flow (approximation) | €3,232 | €818 | ▼ 74.7% |
| Investment in fixed assets (approximation) | - | -€454 | - |
| Change in cash | - | €3,490 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2023
Ground area
259 m²
Building footprint
145 m²
Volume, LiDAR
1,770 m³
2 parcels, Brussels, Flanders · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Georges Henrilaan 413, 1200 Sint-Lambrechts-Woluwe
since 20232.353.053.417
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0449/00T005 | Flanders | 169 m² | 1 · 79 m² | 14.4 m · 5 fl. |
| 21673D0143/00B030 | Brussels | 90 m² | 1 · 67 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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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LOMANI
BE 0877.204.949
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N & D Style
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VELOTOF
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Of 2,543 companies in sector 95290 we hold annual accounts for 418. 183 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
95290Repair and maintenance of other personal and household goods
41001General construction of residential buildings
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47711Retail sale of women's outerwear
47712Retail trade
47713Retail trade
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.