VTSB
ActiveSummary
VTSB has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €915k and a net result of €137k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 84% of 2095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Checked, nothing found (1)
History
Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €24k | €22k | €52k | €38k | ▼ 27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €23k | €30k | €29k | €30k | ▲ 4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €31k | - | €25k | €0 | ▼ 100% |
| Other operating charges640/8 | - | €17k | €21k | €10k | €26k | ▲ 151% |
| Non-recurring operating charges66A | - | €4k | €7k | €5k | €0 | ▼ 100% |
| Gross operating margin9900 | €272k | €270k | €264k | €187k | €295k | ▲ 57.4% |
| Operating profit (loss)9901 | €206k | €171k | €185k | €65k | €201k | ▲ 208% |
| Financial income75/76B | - | €3k | €8k | €29k | €18k | ▼ 36.9% |
| Recurring financial income75 | €14k | €3k | €4k | €16k | €18k | ▲ 15.7% |
| Non-recurring financial income76B | - | - | €4k | €13k | €0 | ▼ 100% |
| Financial charges65/66B | - | €6k | €4k | €10k | €9k | ▼ 9.2% |
| Recurring financial charges65 | €1k | €6k | €4k | €7k | €9k | ▲ 25.6% |
| Non-recurring financial charges66B | - | - | - | €3k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €279k | €169k | €188k | €85k | €211k | ▲ 149% |
| Income taxes67/77 | €67k | €59k | €66k | €30k | €74k | ▲ 149% |
| Profit (loss) for the period9904 | €211k | €110k | €123k | €55k | €137k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €211k | €110k | €123k | €55k | €137k | ▲ 149% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.11M | €1.21M | €1.28M | €1.08M | €1.23M | ▲ 14.5% |
| Fixed assets21/28 | €10k | €121k | €110k | €85k | €62k | ▼ 26.8% |
| Tangible fixed assets22/27 | €5k | €116k | €90k | €67k | €45k | ▼ 33.7% |
| Land and buildings22 | - | - | - | €5k | €4k | ▼ 22.5% |
| Plant, machinery and equipment23 | - | €4k | €4k | €3k | €8k | ▲ 214% |
| Furniture and vehicles24 | - | €1k | €2k | €2k | €1k | ▼ 34.7% |
| Leasing and similar rights25 | - | €111k | €84k | €58k | €31k | ▼ 45.9% |
| Financial fixed assets28 | €5k | €5k | €20k | €17k | €17k | = |
| Current assets29/58 | €1.10M | €1.09M | €1.17M | €993k | €1.17M | ▲ 18.0% |
| Amounts receivable after more than one year29 | - | €145k | €230k | €34k | €0 | ▼ 100% |
| Trade receivables290 | - | - | €92k | €34k | €0 | ▼ 100% |
| Other amounts receivable291 | - | €145k | €138k | - | - | - |
| Amounts receivable within one year40/41 | €603k | €531k | €728k | €703k | €1.09M | ▲ 54.9% |
| Trade receivables40 | - | €494k | €582k | €426k | €662k | ▲ 55.5% |
| Other amounts receivable41 | - | €36k | €145k | €277k | €426k | ▲ 54.0% |
| Cash at bank and in hand54/58 | €304k | €409k | €196k | €250k | €83k | ▼ 66.6% |
| Deferred charges and accrued income490/1 | - | €659 | €13k | €6k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.11M | €1.21M | €1.28M | €1.08M | €1.23M | ▲ 14.5% |
| Equity10/15 | €534k | €608k | €730k | €778k | €915k | ▲ 17.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Uncalled capital101 | - | €12k | €12k | - | - | - |
| Reserves13 | €202k | €276k | €399k | €446k | €583k | ▲ 30.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €0 | ▼ 100% |
| Distributable reserves133 | - | €274k | €397k | €444k | €583k | ▲ 31.1% |
| Profit (loss) carried forward14 | €326k | €326k | €326k | €326k | €326k | = |
| Amounts payable17/49 | €576k | €599k | €547k | €300k | €319k | ▲ 6.6% |
| Amounts payable after more than one year17 | - | €73k | €41k | €8k | €0 | ▼ 100% |
| Financial debts170/4 | - | €73k | €41k | €8k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €576k | €526k | €506k | €292k | €319k | ▲ 9.5% |
| Current portion of amounts payable after more than one year42 | - | €32k | €32k | €33k | €9k | ▼ 74.1% |
| Trade debts44 | €429k | €397k | €386k | €208k | €241k | ▲ 16.1% |
| Suppliers440/4 | - | €397k | €386k | €208k | €241k | ▲ 16.1% |
| Taxes, remuneration and social security45 | - | €84k | €87k | €51k | €70k | ▲ 36.3% |
| Taxes450/3 | - | €84k | €82k | €47k | €68k | ▲ 44.9% |
| Remuneration and social security454/9 | - | €292 | €5k | €5k | €2k | ▼ 50.1% |
| Other amounts payable47/48 | - | €13k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €211k | €110k | €123k | €55k | €137k | ▲ 149% |
| + Depreciation and write-downs630 | €7k | €23k | €30k | €29k | €30k | ▲ 4.3% |
| Operating cash flow (approximation) | €218k | €133k | €152k | €84k | €167k | ▲ 99.1% |
| Investment in fixed assets (approximation) | - | €-134k | €-19k | €-4k | €-7k | ▼ 108% |
| Change in cash | - | €106k | €-213k | €53k | €-166k | ▼ 412% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33302A0217/05N005 | Flanders | 619 m² | 1 · 84 m² | 11.1 m · 2 fl. |
| 33011F0179/02H000 | Flanders | 283 m² | 1 · 106 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.