VTX SERVICES
ActiveSummary
VTX SERVICES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241k and a net result of €37k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+8
Solvency100▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 12.38 against 3.03 in 2024; short-term debt: 8.1% and cash: 89.8% of total assets), and 8.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% 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 2025Solvency, return and age of the figures
Solvency
91.9%
Return on assets
14.3%
Age of the figures
12 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
36 d late
2022
2 d early
2021
39 d early
2020
8 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€241k▲ 17.9%
2024 · €204k
Total assets
€262k▼ 14.0%
2024 · €305k
Net result
€37k▲ 10.3%
2024 · €34k
Working capital
€241k▲ 17.9%
2024 · €204k
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
Line20212022202320242025
Operating result€20k▲ 34.4%€23k▲ 17.0%€36k▲ 54.9%€56k▲ 54.4%€51k▼ 8.0%
Net result€15k▲ 37.2%€17k▲ 17.2%€33k▲ 94.9%€34k▲ 1.3%€37k▲ 10.3%
Equity€145k▲ 11.3%€162k▲ 11.9%€170k▲ 5.2%€204k▲ 19.9%€241k▲ 17.9%
Total assets€195k▲ 3.3%€205k▲ 5.0%€238k▲ 15.9%€305k▲ 28.2%€262k▼ 14.0%
Debt€51k▼ 14.3%€43k▼ 14.6%€67k▲ 55.7%€100k▲ 49.0%€21k▼ 78.9%
Working capital€138k▲ 13.1%€158k▲ 14.5%€170k▲ 7.4%€204k▲ 19.9%€241k▲ 17.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €262k
Equity
€241k ▲ 17.9%
Debt
€21k ▼ 78.9%
Debt's share of the balance-sheet total falls from 33.0% to 8.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
12.38▲
2024 · 3.03
Debt to equity
0.09▼
2024 · 0.49
ROE
15.5%▼
2024 · 16.6%
ROA
14.3%▲
2024 · 11.1%
Debt ≤ 1 year
€21k▼
2024 · €100k
Income taxes
€14k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €103 | €315 | €346 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €3k | €3k | - | - | - |
| Other operating charges640/8 | - | €630 | €599 | €418 | €371 | ▼ 11.3% |
| Gross operating margin9900 | €25k | €27k | €40k | €56k | €52k | ▼ 8.6% |
| Operating profit (loss)9901 | €20k | €23k | €36k | €56k | €51k | ▼ 8.0% |
| Financial income75/76B | - | - | - | - | €714 | - |
| Recurring financial income75 | €3 | - | - | - | €714 | - |
| Financial charges65/66B | - | €72 | €47 | €97 | €168 | ▲ 74.0% |
| Recurring financial charges65 | €71 | €72 | €47 | €97 | €168 | ▲ 74.0% |
| Profit (loss) for the period before taxes9903 | €20k | €23k | €36k | €56k | €52k | ▼ 6.9% |
| Income taxes67/77 | €5k | €6k | €3k | €22k | €14k | ▼ 33.8% |
| Profit (loss) for the period9904 | €15k | €17k | €33k | €34k | €37k | ▲ 10.3% |
| Profit (loss) for the period to be appropriated9905 | €15k | €17k | €33k | €34k | €37k | ▲ 10.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €195k | €205k | €238k | €305k | €262k | ▼ 14.0% |
| Fixed assets21/28 | €7k | €3k | - | - | - | - |
| Tangible fixed assets22/27 | €7k | €3k | - | - | - | - |
| Furniture and vehicles24 | - | €3k | - | - | - | - |
| Current assets29/58 | €189k | €202k | €238k | €305k | €262k | ▼ 14.0% |
| Stocks and contracts in progress3 | €1k | €1k | €1k | €500 | - | - |
| Stocks30/36 | - | €1k | €1k | €500 | - | - |
| Amounts receivable within one year40/41 | €11k | €10k | €1k | €18k | €25k | ▲ 40.1% |
| Trade receivables40 | - | €10k | €696 | €18k | €25k | ▲ 40.1% |
| Other amounts receivable41 | - | €452 | €313 | - | - | - |
| Cash at bank and in hand54/58 | €174k | €190k | €235k | €284k | €235k | ▼ 17.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | ▲ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €195k | €205k | €238k | €305k | €262k | ▼ 14.0% |
| Equity10/15 | €145k | €162k | €170k | €204k | €241k | ▲ 17.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €105k | €122k | €130k | €164k | €201k | ▲ 22.3% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €120k | €128k | €162k | €199k | ▲ 22.5% |
| Profit (loss) carried forward14 | €21k | €21k | €21k | €21k | €21k | = |
| Amounts payable17/49 | €51k | €43k | €67k | €100k | €21k | ▼ 78.9% |
| Amounts payable within one year42/48 | €50k | €43k | €67k | €100k | €21k | ▼ 78.9% |
| Trade debts44 | €4k | €2k | €627 | €3k | €3k | ▼ 9.8% |
| Suppliers440/4 | - | €2k | €627 | €3k | €3k | ▼ 9.8% |
| Taxes, remuneration and social security45 | - | €11k | €3k | €17k | €10k | ▼ 40.1% |
| Taxes450/3 | - | €11k | €3k | €17k | €10k | ▼ 40.1% |
| Other amounts payable47/48 | - | €31k | €63k | €81k | €8k | ▼ 89.7% |
| Accrued charges and deferred income492/3 | - | €50 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €17k | €33k | €34k | €37k | ▲ 10.3% |
| + Depreciation and write-downs630 | €4k | €3k | €3k | - | - | - |
| Operating cash flow (approximation) | €19k | €20k | €37k | €34k | €37k | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €16k | €45k | €49k | €-49k | ▼ 201% |
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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €37k ▲10.3%
Net result €37k, the highest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 12.38
Current ratio from 3.03 to 12.38; short-term debt falls from €100k to €21k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €204k ▲19.9%
7 profitable years in a row build equity to €204k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €162k ▲11.9%
5 profitable years in a row build equity to €162k.
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €9k ▼33.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
Show earlier events
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
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.
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, Waregem
Ground area
580 m²
Building footprint
215 m²
Volume, LiDAR
1,102 m³
Parcel 34040C0198/00G005, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0198/00G005 | Flanders | 580 m² | 1 · 215 m² | 11.2 m · 1 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.
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Of 913 companies in sector 32990 we hold annual accounts for 163. 109 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 (pre-2019)
Founded16-05-2011
Fiscal year end30-09
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
33200Installation of industrial machinery and equipment
96102Launderettes and laundries for private customers
Scores and ratios are computed by Checked and are not a credit decision.