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 €513,307 and a net result of €62,227. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 28184 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 €25,000 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.
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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 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 83 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€513,307▲ 13.8%
2024 · €451,080
Total assets
€2.8m▲ 25.8%
2024 · €2.2m
Net result
€62,227▼ 43.6%
2024 · €110,312
Working capital
-€1.5m▼ 22.2%
2024 · -€1.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€81,246▼ 10.6%€79,329▼ 2.4%-€2,384€152,890€102,978▼ 32.6%
Net result€51,646above the sector's middle half▼ 11.8%€58,164above the sector's middle half▲ 12.6%€2,419within the sector's middle half▼ 95.8%€110,312above the sector's middle half▲ 4,460%€62,227above the sector's middle half▼ 43.6%
Equity€280,185above the sector's middle half▲ 22.6%€338,349above the sector's middle half▲ 20.8%€340,768above the sector's middle half▲ 0.7%€451,080above the sector's middle half▲ 32.4%€513,307above the sector's middle half▲ 13.8%
Total assets€1.4mabove the sector's middle half▼ 8.2%€2.0mabove the sector's middle half▲ 49.6%€2.0mabove the sector's middle half▼ 3.4%€2.2mabove the sector's middle half▲ 12.6%€2.8mabove the sector's middle half▲ 25.8%
Debt€1.1m▼ 13.4%€1.7m▲ 57.8%€1.6m▼ 4.2%€1.7m▲ 6.6%€2.2m▲ 29.4%
Working capital-€865,172▼ 137%-€1.3m▼ 51.5%-€1.4m▼ 6.1%-€1.2m▲ 12.5%-€1.5m▼ 22.2%
Solvency20.7%below the sector's middle half▲ 5.2pp16.7%below the sector's middle half▼ 4.0pp17.4%below the sector's middle half▲ 0.7pp20.4%below the sector's middle half▲ 3.1pp18.5%below the sector's middle half▼ 1.9pp
Staff (FTE)1=1=0.7▼ 30.0%1▲ 42.9%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 €2.8m
Fixed assets
€2.5m ▲ 34.7%
Current assets
€301,901 ▼ 18.6%
Equity and liabilities €2.8m
Equity
€513,307 ▲ 13.8%
Provisions
€28,734 ▼ 3.3%
Debt
€2.2m ▲ 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
€193,563▼
2024 · €216,758
Cash flow
€152,812▼
2024 · €174,180
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
€1.8m▲
2024 · €1.6m
Debt > 1 year
€442,000▲
2024 · €136,666
Income taxes
€31,806▲
2024 · €8,163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,678 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35,795 | €46,602 | €8,197 | €1,012 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,891 | €31,678 | €39,283 | €63,867 | €90,585 | ▲ 41.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€2,560 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€7,000 | -€5,000 | - | - | - | - |
| Other operating charges640/8 | €5,706 | €6,156 | €6,267 | €9,395 | €7,008 | ▼ 25.4% |
| Gross operating margin9900 | €162,639 | €156,205 | €51,363 | €227,165 | €200,571 | ▼ 11.7% |
| Operating profit (loss)9901 | €81,246 | €79,329 | -€2,384 | €152,890 | €102,978 | ▼ 32.6% |
| Financial income75/76B | €6 | €3,435 | €13,552 | €125 | €70 | ▼ 43.9% |
| Recurring financial income75 | €6 | €3,435 | €13,552 | €125 | €70 | ▼ 43.9% |
| Financial charges65/66B | €4,273 | €4,763 | €6,501 | €4,816 | €10,005 | ▲ 108% |
| Recurring financial charges65 | €4,273 | €4,763 | €6,501 | €4,816 | €10,005 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €76,980 | €78,001 | €4,666 | €148,200 | €93,043 | ▼ 37.2% |
| Transfer from deferred taxes780 | - | - | - | €2,972 | €991 | ▼ 66.7% |
| Transfer to deferred taxes680 | - | - | - | €32,697 | - | - |
| Income taxes67/77 | €25,333 | €19,837 | €2,247 | €8,163 | €31,806 | ▲ 290% |
| Profit (loss) for the period9904 | €51,646 | €58,164 | €2,419 | €110,312 | €62,227 | ▼ 43.6% |
| Transfer from tax-exempt reserves789 | - | - | - | €8,917 | €2,972 | ▼ 66.7% |
| Transfer to tax-exempt reserves689 | - | - | - | €98,092 | - | - |
| Profit (loss) for the period to be appropriated9905 | €51,646 | €58,164 | €2,419 | €21,138 | €65,199 | ▲ 208% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €2.0m | €2.0m | €2.2m | €2.8m | ▲ 25.8% |
| Fixed assets21/28 | €1.2m | €1.9m | €1.9m | €1.8m | €2.5m | ▲ 34.7% |
| Tangible fixed assets22/27 | €1.2m | €1.9m | €1.9m | €1.8m | €2.5m | ▲ 34.7% |
| Land and buildings22 | €1.2m | €1.9m | €1.9m | €1.8m | €2.5m | ▲ 35.3% |
| Plant, machinery and equipment23 | €6,759 | €4,285 | €1,812 | - | - | - |
| Furniture and vehicles24 | €15,984 | €11,985 | €7,985 | €11,448 | €4,963 | ▼ 56.6% |
| Current assets29/58 | €126,045 | €126,977 | €54,394 | €370,794 | €301,901 | ▼ 18.6% |
| Stocks and contracts in progress3 | - | - | - | €175,892 | €232,960 | ▲ 32.4% |
| Stocks30/36 | - | - | - | €175,892 | €232,960 | ▲ 32.4% |
| Amounts receivable within one year40/41 | €30,834 | €38,283 | €45,094 | €67,974 | €9,342 | ▼ 86.3% |
| Trade receivables40 | €30,834 | €38,283 | €32,094 | €62,393 | €5,252 | ▼ 91.6% |
| Other amounts receivable41 | - | - | €13,000 | €5,581 | €4,090 | ▼ 26.7% |
| Cash at bank and in hand54/58 | €93,333 | €86,559 | €8,790 | €124,577 | €56,786 | ▼ 54.4% |
| Deferred charges and accrued income490/1 | €1,878 | €2,135 | €511 | €2,350 | €2,812 | ▲ 19.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €2.0m | €2.0m | €2.2m | €2.8m | ▲ 25.8% |
| Equity10/15 | €280,185 | €338,349 | €340,768 | €451,080 | €513,307 | ▲ 13.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | - | - | - | - |
| Other1109/19 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €165,314 | €165,314 | €165,314 | €275,589 | €337,617 | ▲ 22.5% |
| Non-distributable reserves130/1 | €14,114 | €14,114 | - | - | - | - |
| Reserves not available under the articles1311 | €14,114 | €14,114 | - | - | - | - |
| Tax-exempt reserves132 | €37,500 | €37,500 | €37,500 | €126,675 | €123,702 | ▼ 2.3% |
| Distributable reserves133 | €113,700 | €113,700 | €127,814 | €148,914 | €213,914 | ▲ 43.6% |
| Profit (loss) carried forward14 | €96,271 | €154,435 | €156,854 | €156,891 | €157,091 | ▲ 0.1% |
| Provisions and deferred taxes16 | €5,000 | - | - | €29,725 | €28,734 | ▼ 3.3% |
| Provisions for liabilities and charges160/5 | €5,000 | - | - | - | - | - |
| Major repairs and maintenance162 | €5,000 | - | - | - | - | - |
| Deferred taxes168 | - | - | - | €29,725 | €28,734 | ▼ 3.3% |
| Amounts payable17/49 | €1.1m | €1.7m | €1.6m | €1.7m | €2.2m | ▲ 29.4% |
| Amounts payable after more than one year17 | €65,801 | €239,388 | €174,108 | €136,666 | €442,000 | ▲ 223% |
| Financial debts170/4 | €63,064 | €236,650 | €171,370 | €133,929 | €439,262 | ▲ 228% |
| Other amounts payable178/9 | €2,738 | €2,738 | €2,738 | €2,738 | €2,738 | = |
| Amounts payable within one year42/48 | €991,217 | €1.4m | €1.4m | €1.6m | €1.8m | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | €31,495 | €67,558 | €56,281 | €37,442 | €80,714 | ▲ 116% |
| Trade debts44 | €16,160 | €61,141 | €31,205 | €27,083 | €45,156 | ▲ 66.7% |
| Suppliers440/4 | €16,160 | €61,141 | €31,205 | €27,083 | €45,156 | ▲ 66.7% |
| Taxes, remuneration and social security45 | €10,030 | €11,763 | €536 | €508 | €21,873 | ▲ 4,206% |
| Taxes450/3 | €6,554 | €11,763 | €536 | €508 | €18,657 | ▲ 3,573% |
| Remuneration and social security454/9 | €3,476 | - | - | - | €3,216 | - |
| Other amounts payable47/48 | €933,532 | €1.3m | €1.4m | €1.5m | €1.6m | ▲ 7.8% |
| Accrued charges and deferred income492/3 | €14,409 | €13,440 | - | €1,973 | €2,898 | ▲ 46.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,646 | €58,164 | €2,419 | €110,312 | €62,227 | ▼ 43.6% |
| + Depreciation and write-downs630 | €46,891 | €31,678 | €39,283 | €63,867 | €90,585 | ▲ 41.8% |
| Operating cash flow (approximation) | €98,538 | €89,842 | €41,702 | €174,180 | €152,812 | ▼ 12.3% |
| Investment in fixed assets (approximation) | - | -€703,131 | -€43,179 | €6,111 | -€728,573 | ▼ 12,022% |
| Change in cash | - | -€6,774 | -€77,769 | €115,788 | -€67,791 | ▼ 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 €500,000Eq €513,307 ▲13.8%
8 profitable years in a row build equity to €513,307.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €110,312 ▲4,460%
Operating result €152,890, net result €110,312, both a record.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €2,419 ▼95.8%
Net result drops to €2,419, 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 €200,000Eq €228,539 ▲34.5%
3 profitable years in a row build equity to €228,539.
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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BE 0719.900.742
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DDR-SYSTEMS
BE 0454.869.820
Ninove · Eq €514,161
ELEKTRO BASTIAENS
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ELTIC
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 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
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478675697
Also
9925:BE0478675697
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.