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VTH Project

Active
Private limited companyfounded 20242 yrs activeBruggestraat 3, 8980 Zonnebeke, BelgiumKBO/BCE: BE 1011.718.908
Summary

VTH Project has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,278 and a net result of €94,911. Its solvency ranks better than 74% of 9511 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.13; short-term debt: 23.6% and cash: 67.2% of total assets), and 23.7% of the assets are financed with debt.
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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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
76.3%
Return on assets
73.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
23 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 July 2024, VTH Project was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€98,278
Total assets
€128,865
Net result
€94,911
Working capital
€95,278

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €128,865
Fixed assets €3,149
Current assets €125,716
Equity and liabilities €128,865
Equity €98,278
Debt €30,587
Debt finances 23.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€124,387
Cash flow
€98,122
Current ratio
4.13
Debt to equity
0.31
ROE
96.6%
ROA
73.7%
Interest coverage
2102.55
Debt ≤ 1 year
€30,438
Income taxes
€26,206
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€128,865
Fixed assets21/28€3,149
Tangible fixed assets22/27€3,149
Furniture and vehicles24€3,149
Current assets29/58€125,716
Amounts receivable within one year40/41€38,061
Trade receivables40€38,061
Cash at bank and in hand54/58€86,551
Deferred charges and accrued income490/1€1,103
Equity and liabilities
Total equity and liabilities10/49€128,865
Equity10/15€98,278
Contributions10/11€4,200
Profit (loss) carried forward14€94,078
Amounts payable17/49€30,587
Amounts payable within one year42/48€30,438
Trade debts44€352
Suppliers440/4€352
Taxes, remuneration and social security45€23,518
Taxes450/3€23,518
Other amounts payable47/48€6,568
Accrued charges and deferred income492/3€150
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,211
Other operating charges640/8€228
Gross operating margin9900€124,615
Operating profit (loss)9901€121,176
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€121,117
Income taxes67/77€26,206
Profit (loss) for the period9904€94,911
Profit (loss) for the period to be appropriated9905€94,911
Appropriation of the result
Profit (loss) to be appropriated9906€94,911
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,211
Other operating charges640/8€228
Gross operating margin9900€124,615
Operating profit (loss)9901€121,176
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€59
Recurring financial charges65€59
Profit (loss) for the period before taxes9903€121,117
Income taxes67/77€26,206
Profit (loss) for the period9904€94,911
Profit (loss) for the period to be appropriated9905€94,911
Line2025
Assets
Total assets20/58€128,865
Fixed assets21/28€3,149
Tangible fixed assets22/27€3,149
Furniture and vehicles24€3,149
Current assets29/58€125,716
Amounts receivable within one year40/41€38,061
Trade receivables40€38,061
Cash at bank and in hand54/58€86,551
Deferred charges and accrued income490/1€1,103
Equity and liabilities
Total equity and liabilities10/49€128,865
Equity10/15€98,278
Contributions10/11€4,200
Profit (loss) carried forward14€94,078
Amounts payable17/49€30,587
Amounts payable within one year42/48€30,438
Trade debts44€352
Suppliers440/4€352
Taxes, remuneration and social security45€23,518
Taxes450/3€23,518
Other amounts payable47/48€6,568
Accrued charges and deferred income492/3€150
Line2025
Profit (loss) for the period9904€94,911
+ Depreciation and write-downs630€3,211
Operating cash flow (approximation)€98,122

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
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, Zonnebeke · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
244 m²
Volume, LiDAR
1,206 m³
Parcel 33019B0074/00C002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
VTH Project
Bruggestraat 3, 8980 ZonnebekeGeneral construction of buildings
since 20242.362.018.096
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33019B0074/00C002 Flanders 1.0 ha 1 · 244 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 652 EUR awarded · 652 EUR paid
Year Entries awardedpaid
2024 1 652 EUR652 EUR
Schemes
1 entry · 652 EUR · 652 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 5,478 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
Founded18-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects

Scores and ratios are computed by Checked and are not a credit decision.