VYT NORBERT
ActiveSummary
VYT NORBERT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €62k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-3
Solvency43▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.23 in 2024; short-term debt: 64.4% and cash: 2% of total assets), and 81.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
18.5%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 20%
← weakest
strongest →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
83 d early
2023
79 d early
2022
83 d early
2021
73 d early
2020
92 d early
2019
80 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€513k▲ 13.8%
2024 · €451k
2018: €719khighest in 8 years
2019: €170k▼ -76.4% vs 2018lowest in 8 years
2020: €229k▲ +34.5% vs 2019
2021: €280k▲ +22.6% vs 2020
2022: €338k▲ +20.8% vs 2021
2023: €341k▲ +0.7% vs 2022
2024: €451k▲ +32.4% vs 2023
2025: €513k▲ +13.8% vs 2024
2018 → 2025
Total assets
€2.78M▲ 25.8%
2024 · €2.21M
2018: €1.06M
2019: €1.04M▼ -2.0% vs 2018lowest in 8 years
2020: €1.48M▲ +42.3% vs 2019
2021: €1.36M▼ -8.2% vs 2020
2022: €2.03M▲ +49.6% vs 2021
2023: €1.96M▼ -3.4% vs 2022
2024: €2.21M▲ +12.6% vs 2023
2025: €2.78M▲ +25.8% vs 2024highest in 8 years
2018 → 2025
Net result
€62k▼ 43.6%
2024 · €110k
2018: €21k
2019: €4k▼ -82.0% vs 2018
2020: €59k▲ +1473% vs 2019
2021: €52k▼ -11.8% vs 2020
2022: €58k▲ +12.6% vs 2021
2023: €2k▼ -95.8% vs 2022lowest in 8 years
2024: €110k▲ +4460% vs 2023highest in 8 years
2025: €62k▼ -43.6% vs 2024
2018 → 2025
Working capital
€-1.49M▼ 22.2%
2024 · €-1.22M
2018: €12khighest in 8 years
2019: €-473k▼ -4112% vs 2018
2020: €-364k▲ +23.1% vs 2019
2021: €-865k▼ -137% vs 2020
2022: €-1.31M▼ -51.5% vs 2021
2023: €-1.39M▼ -6.1% vs 2022
2024: €-1.22M▲ +12.5% vs 2023
2025: €-1.49M▼ -22.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€280k-€338k▲ 20.8%€341k▲ 0.7%€451k▲ 32.4%€513k▲ 13.8%
2021: €280klowest in 5 years
2022: €338k▲ +20.8% vs 2021
2023: €341k▲ +0.7% vs 2022
2024: €451k▲ +32.4% vs 2023
2025: €513k▲ +13.8% vs 2024highest in 5 years
Operating result€81k-€79k▼ 2.4%€-2k€153k€103k▼ 32.6%
2021: €81k
2022: €79k▼ -2.4% vs 2021
2023: €-2k▼ -103% vs 2022lowest in 5 years
2024: €153k▲ +6513% vs 2023highest in 5 years
2025: €103k▼ -32.6% vs 2024
Net result€52k-€58k▲ 12.6%€2k▼ 95.8%€110k▲ 4,460%€62k▼ 43.6%
2021: €52k
2022: €58k▲ +12.6% vs 2021
2023: €2k▼ -95.8% vs 2022lowest in 5 years
2024: €110k▲ +4460% vs 2023highest in 5 years
2025: €62k▼ -43.6% vs 2024
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 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.78M
Fixed assets
€2.47M ▲ 34.7%
Current assets
€302k ▼ 18.6%
Equity and liabilities €2.78M
Equity
€513k ▲ 13.8%
Provisions
€29k ▼ 3.3%
Debt
€2.23M ▲ 29.4%
Debt's share of the balance-sheet total rises from 78.2% to 80.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€194k▼
2024 · €217k
Cash flow
€153k▼
2024 · €174k
Current ratio
0.17▼
2024 · 0.23
Quick ratio
0.04▼
2024 · 0.12
Debt to equity
4.35▲
2024 · 3.83
ROE
12.1%▼
2024 · 24.5%
ROA
2.2%▼
2024 · 5.0%
Interest coverage
19.35▼
2024 · 45.01
Debt ≤ 1 year
€1.79M▲
2024 · €1.59M
Debt > 1 year
€442k▲
2024 · €137k
Income taxes
€32k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.21M€2.78M▲
Fixed assets21/28€1.84M€2.47M▲
Tangible fixed assets22/27€1.84M€2.47M▲
Land and buildings22€1.82M€2.47M▲
Furniture and vehicles24€11k€5k▼
Current assets29/58€371k€302k▼
Stocks and contracts in progress3€176k€233k▲
Stocks30/36€176k€233k▲
Amounts receivable within one year40/41€68k€9k▼
Trade receivables40€62k€5k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€125k€57k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.21M€2.78M▲
Equity10/15€451k€513k▲
Contributions10/11€19k€19k=
Reserves13€276k€338k▲
Tax-exempt reserves132€127k€124k▼
Distributable reserves133€149k€214k▲
Profit (loss) carried forward14€157k€157k▲
Provisions and deferred taxes16€30k€29k▼
Deferred taxes168€30k€29k▼
Amounts payable17/49€1.73M€2.23M▲
Amounts payable after more than one year17€137k€442k▲
Financial debts170/4€134k€439k▲
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€1.59M€1.79M▲
Current portion of amounts payable after more than one year42€37k€81k▲
Trade debts44€27k€45k▲
Suppliers440/4€27k€45k▲
Taxes, remuneration and social security45€508€22k▲
Taxes450/3€508€19k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€1.52M€1.64M▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€91k▲
Other operating charges640/8€9k€7k▼
Gross operating margin9900€227k€201k▼
Operating profit (loss)9901€153k€103k▼
Financial income75/76B€125€70▼
Recurring financial income75€125€70▼
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€148k€93k▼
Transfer from deferred taxes780€3k€991▼
Transfer to deferred taxes680€33k-
Income taxes67/77€8k€32k▲
Profit (loss) for the period9904€110k€62k▼
Transfer from tax-exempt reserves789€9k€3k▼
Transfer to tax-exempt reserves689€98k-
Profit (loss) for the period to be appropriated9905€21k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€178k€222k▲
Profit (loss) brought forward from the previous period14P€157k€157k=
Transfer to equity691/2€21k€65k▲
To other reserves6921€21k€65k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €36k | €47k | €8k | €1k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47k | €32k | €39k | €64k | €91k | ▲ 41.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-3k | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €-7k | €-5k | - | - | - | - |
| Other operating charges640/8 | €6k | €6k | €6k | €9k | €7k | ▼ 25.4% |
| Gross operating margin9900 | €163k | €156k | €51k | €227k | €201k | ▼ 11.7% |
| Operating profit (loss)9901 | €81k | €79k | €-2k | €153k | €103k | ▼ 32.6% |
| Financial income75/76B | €6 | €3k | €14k | €125 | €70 | ▼ 43.9% |
| Recurring financial income75 | €6 | €3k | €14k | €125 | €70 | ▼ 43.9% |
| Financial charges65/66B | €4k | €5k | €7k | €5k | €10k | ▲ 108% |
| Recurring financial charges65 | €4k | €5k | €7k | €5k | €10k | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €77k | €78k | €5k | €148k | €93k | ▼ 37.2% |
| Transfer from deferred taxes780 | - | - | - | €3k | €991 | ▼ 66.7% |
| Transfer to deferred taxes680 | - | - | - | €33k | - | - |
| Income taxes67/77 | €25k | €20k | €2k | €8k | €32k | ▲ 290% |
| Profit (loss) for the period9904 | €52k | €58k | €2k | €110k | €62k | ▼ 43.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €9k | €3k | ▼ 66.7% |
| Transfer to tax-exempt reserves689 | - | - | - | €98k | - | - |
| Profit (loss) for the period to be appropriated9905 | €52k | €58k | €2k | €21k | €65k | ▲ 208% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.36M | €2.03M | €1.96M | €2.21M | €2.78M | ▲ 25.8% |
| Fixed assets21/28 | €1.23M | €1.90M | €1.91M | €1.84M | €2.47M | ▲ 34.7% |
| Tangible fixed assets22/27 | €1.23M | €1.90M | €1.91M | €1.84M | €2.47M | ▲ 34.7% |
| Land and buildings22 | €1.21M | €1.89M | €1.90M | €1.82M | €2.47M | ▲ 35.3% |
| Plant, machinery and equipment23 | €7k | €4k | €2k | - | - | - |
| Furniture and vehicles24 | €16k | €12k | €8k | €11k | €5k | ▼ 56.6% |
| Current assets29/58 | €126k | €127k | €54k | €371k | €302k | ▼ 18.6% |
| Stocks and contracts in progress3 | - | - | - | €176k | €233k | ▲ 32.4% |
| Stocks30/36 | - | - | - | €176k | €233k | ▲ 32.4% |
| Amounts receivable within one year40/41 | €31k | €38k | €45k | €68k | €9k | ▼ 86.3% |
| Trade receivables40 | €31k | €38k | €32k | €62k | €5k | ▼ 91.6% |
| Other amounts receivable41 | - | - | €13k | €6k | €4k | ▼ 26.7% |
| Cash at bank and in hand54/58 | €93k | €87k | €9k | €125k | €57k | ▼ 54.4% |
| Deferred charges and accrued income490/1 | €2k | €2k | €511 | €2k | €3k | ▲ 19.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.36M | €2.03M | €1.96M | €2.21M | €2.78M | ▲ 25.8% |
| Equity10/15 | €280k | €338k | €341k | €451k | €513k | ▲ 13.8% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Outside capital11 | €19k | €19k | - | - | - | - |
| Other1109/19 | €19k | €19k | - | - | - | - |
| Reserves13 | €165k | €165k | €165k | €276k | €338k | ▲ 22.5% |
| Non-distributable reserves130/1 | €14k | €14k | - | - | - | - |
| Reserves not available under the articles1311 | €14k | €14k | - | - | - | - |
| Tax-exempt reserves132 | €38k | €38k | €38k | €127k | €124k | ▼ 2.3% |
| Distributable reserves133 | €114k | €114k | €128k | €149k | €214k | ▲ 43.6% |
| Profit (loss) carried forward14 | €96k | €154k | €157k | €157k | €157k | ▲ 0.1% |
| Provisions and deferred taxes16 | €5k | - | - | €30k | €29k | ▼ 3.3% |
| Provisions for liabilities and charges160/5 | €5k | - | - | - | - | - |
| Major repairs and maintenance162 | €5k | - | - | - | - | - |
| Deferred taxes168 | - | - | - | €30k | €29k | ▼ 3.3% |
| Amounts payable17/49 | €1.07M | €1.69M | €1.62M | €1.73M | €2.23M | ▲ 29.4% |
| Amounts payable after more than one year17 | €66k | €239k | €174k | €137k | €442k | ▲ 223% |
| Financial debts170/4 | €63k | €237k | €171k | €134k | €439k | ▲ 228% |
| Other amounts payable178/9 | €3k | €3k | €3k | €3k | €3k | = |
| Amounts payable within one year42/48 | €991k | €1.44M | €1.45M | €1.59M | €1.79M | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | €31k | €68k | €56k | €37k | €81k | ▲ 116% |
| Trade debts44 | €16k | €61k | €31k | €27k | €45k | ▲ 66.7% |
| Suppliers440/4 | €16k | €61k | €31k | €27k | €45k | ▲ 66.7% |
| Taxes, remuneration and social security45 | €10k | €12k | €536 | €508 | €22k | ▲ 4,206% |
| Taxes450/3 | €7k | €12k | €536 | €508 | €19k | ▲ 3,573% |
| Remuneration and social security454/9 | €3k | - | - | - | €3k | - |
| Other amounts payable47/48 | €934k | €1.30M | €1.36M | €1.52M | €1.64M | ▲ 7.8% |
| Accrued charges and deferred income492/3 | €14k | €13k | - | €2k | €3k | ▲ 46.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €58k | €2k | €110k | €62k | ▼ 43.6% |
| + Depreciation and write-downs630 | €47k | €32k | €39k | €64k | €91k | ▲ 41.8% |
| Operating cash flow (approximation) | €99k | €90k | €42k | €174k | €153k | ▼ 12.3% |
| Investment in fixed assets (approximation) | - | €-703k | €-43k | €6k | €-729k | ▼ 12,022% |
| Change in cash | - | €-7k | €-78k | €116k | €-68k | ▼ 159% |
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
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €513k ▲13.8%
8 profitable years in a row build equity to €513k.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €110k ▲4,460%
Operating result €153k, net result €110k, both a record.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €2k ▼95.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €229k ▲34.5%
3 profitable years in a row build equity to €229k.
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Niklaas · 1 establishment unit since 2002
Ground area
5,467 m²
Building footprint
174 m²
Volume, LiDAR
1,011 m³
Parcel 46019A0772/00C000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VYT NORBERT BVBA
since 20022.114.674.234
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46019A0772/00C000 | Flanders | 5,467 m² | 1 · 174 m² | 9.2 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.
Recognitions · licences · registrations
Recognised contractor
6 categoriesVYT NORBERT BV32350
Food safety, FASFC
1 siteSint-Niklaas2.114.674.234
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 6,432 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
Founded28-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
68121Development of residential building projects
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.