VTS CONCEPT
The computed 12-month bankruptcy probability of VTS CONCEPT is 2.7% (moderate). The 2024 annual accounts show equity of €44k and a net result of €32k. Equity is growing by ~136.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 11055 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €44k |
| Net result | €32k |
| Better than sector | 62% |
| Active | 4 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 50.4% | 40.9% | |
| Net result | €32k | €11k | |
| Equity | €44k | €34k | |
| Gross operating margin | €55k | €35k | |
| Total assets | €87k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €55k |
| Net profit | €32k |
| Cash flow | €40k |
| Staff costs | - |
| Income taxes | €13k |
| Dividends | - |
| Total assets | €87k |
| Equity | €44k |
| Debt | €43k |
| of which ≤ 1y | €29k |
| of which > 1y | €14k |
| Working capital | €41k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.43 |
| Quick ratio | 2.43 |
| Working capital ratio | 47.1% |
| Solvency | 50.4% |
| Debt / equity | 0.98 |
| Long-term debt ratio | 0.33 |
| Interest coverage | 32.13 |
| Gross margin | - |
| Net margin | - |
| ROA | 37.1% |
| ROE | 73.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €87k |
| Fixed assets | 21/28 | €17k |
| Tangible fixed assets | 22/27 | €17k |
| Current assets | 29/58 | €70k |
| Amounts receivable within one year | 40/41 | €38k |
| Cash & bank | 54/58 | €22k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €87k |
| Equity | 10/15 | €44k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €27k |
| Accumulated profits (losses) | 14 | €12k |
| Amounts payable | 17/49 | €43k |
| Amounts payable after one year | 17 | €14k |
| Amounts payable within one year | 42/48 | €29k |
| Income statement | ||
| Gross operating margin | 9900 | €55k |
| Operating result | 9901 | €47k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €45k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €32k |
| Result to be appropriated | 9905 | €32k |
| NACE primary | Plumbing(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 10-11-2021 |
| Status | Active |
| Postal code | 1460 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044C0075/00A000 | Wallonia | 1,657 m² | 1 · 158 m² | 7.1 m · 2 fl. |
| 23086B0108/00B000 | Flanders | 472 m² | 1 · 340 m² | 6.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-08-2025 Registered office moved from Bruxelles to Ittre
- 1080 Bruxelles, Avenue François Sebrechts 42 → 1460 Ittre, rue de la Procession 23
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "1460 Ittre, rue de la Procession 23",
"city": "Ittre",
"region": "waals_gewest",
"street": "rue de la Procession",
"country": "BE",
"postcode": "1460",
"box_number": null,
"street_number": "23",
"locality_suffix": null
},
"old_address": {
"raw": "1080 Bruxelles, Avenue Fran\u00E7ois Sebrechts 42",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Fran\u00E7ois Sebrechts",
"country": "BE",
"postcode": "1080",
"box_number": null,
"street_number": "42",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Conform\u00E9ment aux statuts et par d\u00E9cision du conseil d\u0027administration tenu en date du 01 juin 2023, le si\u00E8ge social de la soci\u00E9t\u00E9 actuellement situ\u00E9e \u00E0 1080 Bruxelles, Avenue Fran\u00E7ois Sebrechts 42 est transf\u00E9r\u00E9 \u00E0 1460 Ittre, rue de la Procession 23.",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-08-01",
"filing_date": "2025-08-13",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2023-06-01",
"unanimous": null
},
"subject_company": {
"kbo": "0777.285.348",
"name_full": "VTS CONCEPT",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Marilyn Spinette",
"org_rep_person_name": null,
"person_role_at_subject": "mandataire"
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | VTS CONCEPT |