Summary
VYTECH GROUP has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €15.56M and a net result of €30k. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 928 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
31 d late
2022
32 d late
2021
31 d late
2020
31 d late
2019
69 d late
← 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, full schema
Turnover
€842k
EBIT margin
3.3%
Net result
€30k▼ 85.3%
2024 · €205k
2018: €-54k
2019: €-5k▲ +90.4% vs 2018
2020: €-250k▼ -4711% vs 2019lowest in 8 years
2021: €667k▲ +367% vs 2020highest in 8 years
2022: €32k▼ -95.2% vs 2021
2023: €138k▲ +333% vs 2022
2024: €205k▲ +48.5% vs 2023
2025: €30k▼ -85.3% vs 2024
2018 → 2025
Working capital
€620k▼ 90.5%
2024 · €6.56M
2018: €488k
2019: €369k▼ -24.4% vs 2018
2020: €301k▼ -18.3% vs 2019lowest in 8 years
2021: €3.83M▲ +1171% vs 2020
2022: €3.82M▼ -0.2% vs 2021
2023: €4.36M▲ +14.1% vs 2022
2024: €6.56M▲ +50.4% vs 2023highest in 8 years
2025: €620k▼ -90.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€842k
Equity€3.77M-€8.20M▲ 118%€9.72M▲ 18.5%€14.52M▲ 49.3%€15.56M▲ 7.2%
2021: €3.77Mlowest in 5 years
2022: €8.20M▲ +118% vs 2021
2023: €9.72M▲ +18.5% vs 2022
2024: €14.52M▲ +49.3% vs 2023
2025: €15.56M▲ +7.2% vs 2024highest in 5 years
Operating result€17k-€-53k€27k€29k▲ 8.9%€28k▼ 4.1%
2021: €17k
2022: €-53k▼ -417% vs 2021lowest in 5 years
2023: €27k▲ +150% vs 2022
2024: €29k▲ +8.9% vs 2023highest in 5 years
2025: €28k▼ -4.1% vs 2024
Net result€667k-€32k▼ 95.2%€138k▲ 333%€205k▲ 48.5%€30k▼ 85.3%
2021: €667khighest in 5 years
2022: €32k▼ -95.2% vs 2021
2023: €138k▲ +333% vs 2022
2024: €205k▲ +48.5% vs 2023
2025: €30k▼ -85.3% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.39M
Fixed assets
€16.56M ▲ 108%
Current assets
€3.83M ▼ 43.6%
Equity and liabilities €20.39M
Equity
€15.56M ▲ 7.2%
Debt
€4.84M ▲ 1,985%
Debt's share of the balance-sheet total rises from 1.6% to 23.7%. Equity and debt are higher.
Key figures and ratios
ROE
0.2%▼
2024 · 1.4%
ROA
0.1%▼
2024 · 1.4%
Debt ≤ 1 year
€3.21M▲
2024 · €232k
Debt > 1 year
€1.55M
Income taxes
€72k▲
2024 · €0
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 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14.75M€20.39M▲
Fixed assets21/28€7.96M€16.56M▲
Intangible fixed assets21€20k€15k▼
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€7.94M€16.54M▲
Affiliated companies280/1-€16.54M
Participating interests280-€16.54M
Current assets29/58€6.79M€3.83M▼
Amounts receivable after more than one year29€1.86M€0▼
Other amounts receivable291€1.86M€0▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€4.68M€3.53M▼
Trade receivables40€822k€536k▼
Other amounts receivable41€3.86M€3.00M▼
Cash at bank and in hand54/58€23k€93k▲
Deferred charges and accrued income490/1€227k€206k▼
Equity and liabilities
Total equity and liabilities10/49€14.75M€20.39M▲
Equity10/15€14.52M€15.56M▲
Contributions10/11€13.77M€14.78M▲
Capital10€13.77M€14.78M▲
Issued capital100€15.17M€15.17M=
Uncalled capital101€1.40M€385k▼
Reserves13€743k€773k▲
Non-distributable reserves130/1€129k€130k▲
Legal reserve130€129k€130k▲
Distributable reserves133€615k€643k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€232k€4.84M▲
Amounts payable after more than one year17-€1.55M
Financial debts170/4-€1.55M
Other loans174-€1.55M
Amounts payable within one year42/48€232k€3.21M▲
Trade debts44€231k€218k▼
Suppliers440/4€231k€218k▼
Taxes, remuneration and social security45-€43k
Taxes450/3-€43k
Other amounts payable47/48€868€2.95M▲
Accrued charges and deferred income492/3€0€78k▲
Income statement
Code20242025
Operating income70/76A-€842k
Turnover70-€842k
Operating charges60/66A-€815k
Goods for resale, raw materials and consumables60-€0
Purchases600/8-€0
Services and other goods61-€780k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€583€30k▲
Gross operating margin9900€33k-
Operating profit (loss)9901€29k€28k▼
Financial income75/76B€222k€238k▲
Recurring financial income75€222k€238k▲
Income from current assets751-€238k
Financial charges65/66B€47k€164k▲
Recurring financial charges65€47k€57k▲
Debt charges650-€57k
Other financial charges652/9-€266
Non-recurring financial charges66B-€107k
Profit (loss) for the period before taxes9903€205k€102k▼
Income taxes67/77€0€72k▲
Taxes670/3-€72k
Profit (loss) for the period9904€205k€30k▼
Profit (loss) for the period to be appropriated9905€205k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€715k€30k▼
Profit (loss) brought forward from the previous period14P€510k€0▼
Transfer to equity691/2€715k€30k▼
To the legal reserve6920€100k€2k▼
To other reserves6921€615k€29k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (40 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €842k | - |
| Turnover70 | - | - | - | - | €842k | - |
| Operating charges60/66A | - | - | - | - | €815k | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €0 | - |
| Purchases600/8 | - | - | - | - | €0 | - |
| Services and other goods61 | - | - | - | - | €780k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €4k | €5k | ▲ 24.2% |
| Other operating charges640/8 | €193 | €198 | €132 | €583 | €30k | ▲ 5,079% |
| Gross operating margin9900 | €17k | €-53k | €27k | €33k | - | - |
| Operating profit (loss)9901 | €17k | €-53k | €27k | €29k | €28k | ▼ 4.1% |
| Financial income75/76B | €653k | €167k | €126k | €222k | €238k | ▲ 7.2% |
| Recurring financial income75 | €43k | €167k | €126k | €222k | €238k | ▲ 7.2% |
| Income from current assets751 | - | - | - | - | €238k | - |
| Non-recurring financial income76B | €610k | €0 | - | - | - | - |
| Financial charges65/66B | €2k | €82k | €15k | €47k | €164k | ▲ 253% |
| Recurring financial charges65 | €2k | €82k | €15k | €47k | €57k | ▲ 22.1% |
| Debt charges650 | - | - | - | - | €57k | - |
| Other financial charges652/9 | - | - | - | - | €266 | - |
| Non-recurring financial charges66B | - | - | - | - | €107k | - |
| Profit (loss) for the period before taxes9903 | €667k | €32k | €138k | €205k | €102k | ▼ 50.3% |
| Income taxes67/77 | - | - | €0 | €0 | €72k | ▲ 51,114,393% |
| Taxes670/3 | - | - | - | - | €72k | - |
| Profit (loss) for the period9904 | €667k | €32k | €138k | €205k | €30k | ▼ 85.3% |
| Profit (loss) for the period to be appropriated9905 | €667k | €32k | €138k | €205k | €30k | ▼ 85.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.98M | €9.41M | €9.91M | €14.75M | €20.39M | ▲ 38.3% |
| Fixed assets21/28 | €2.02M | €5.40M | €5.43M | €7.96M | €16.56M | ▲ 108% |
| Intangible fixed assets21 | - | - | - | €20k | €15k | ▼ 23.8% |
| Tangible fixed assets22/27 | - | - | €2k | €0 | - | - |
| Furniture and vehicles24 | - | - | €2k | €0 | - | - |
| Financial fixed assets28 | €2.02M | €5.40M | €5.43M | €7.94M | €16.54M | ▲ 108% |
| Affiliated companies280/1 | - | - | - | - | €16.54M | - |
| Participating interests280 | - | - | - | - | €16.54M | - |
| Current assets29/58 | €3.96M | €4.02M | €4.48M | €6.79M | €3.83M | ▼ 43.6% |
| Amounts receivable after more than one year29 | - | €1.77M | €1.77M | €1.86M | €0 | ▼ 100% |
| Other amounts receivable291 | - | €1.77M | €1.77M | €1.86M | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €3.74M | €961k | €2.52M | €4.68M | €3.53M | ▼ 24.5% |
| Trade receivables40 | €356k | €422k | €699k | €822k | €536k | ▼ 34.8% |
| Other amounts receivable41 | €3.38M | €540k | €1.82M | €3.86M | €3.00M | ▼ 22.4% |
| Cash at bank and in hand54/58 | €75k | €1.25M | €39k | €23k | €93k | ▲ 297% |
| Deferred charges and accrued income490/1 | €146k | €38k | €152k | €227k | €206k | ▼ 9.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.98M | €9.41M | €9.91M | €14.75M | €20.39M | ▲ 38.3% |
| Equity10/15 | €3.77M | €8.20M | €9.72M | €14.52M | €15.56M | ▲ 7.2% |
| Contributions10/11 | €3.40M | €7.80M | €9.18M | €13.77M | €14.78M | ▲ 7.3% |
| Capital10 | €3.40M | €7.80M | €9.18M | €13.77M | €14.78M | ▲ 7.3% |
| Issued capital100 | €3.40M | €7.80M | €10.17M | €15.17M | €15.17M | = |
| Uncalled capital101 | - | - | €985k | €1.40M | €385k | ▼ 72.4% |
| Reserves13 | €18k | €22k | €29k | €743k | €773k | ▲ 4.1% |
| Non-distributable reserves130/1 | €18k | €22k | €29k | €129k | €130k | ▲ 1.2% |
| Legal reserve130 | €18k | €22k | €29k | €129k | €130k | ▲ 1.2% |
| Distributable reserves133 | - | - | - | €615k | €643k | ▲ 4.7% |
| Profit (loss) carried forward14 | €351k | €379k | €510k | €0 | - | - |
| Amounts payable17/49 | €2.21M | €1.21M | €192k | €232k | €4.84M | ▲ 1,985% |
| Amounts payable after more than one year17 | €2.05M | €999k | €0 | - | €1.55M | - |
| Financial debts170/4 | €2.05M | €999k | €0 | - | €1.55M | - |
| Other loans174 | - | - | - | - | €1.55M | - |
| Amounts payable within one year42/48 | €132k | €196k | €124k | €232k | €3.21M | ▲ 1,285% |
| Trade debts44 | €113k | €196k | €123k | €231k | €218k | ▼ 5.6% |
| Suppliers440/4 | €113k | €196k | €123k | €231k | €218k | ▼ 5.6% |
| Taxes, remuneration and social security45 | €0 | - | - | - | €43k | - |
| Taxes450/3 | €0 | - | - | - | €43k | - |
| Other amounts payable47/48 | €19k | €0 | €868 | €868 | €2.95M | ▲ 339,862% |
| Accrued charges and deferred income492/3 | €24k | €18k | €68k | €0 | €78k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €667k | €32k | €138k | €205k | €30k | ▼ 85.3% |
| + Depreciation and write-downs630 | - | - | - | €4k | €5k | ▲ 24.2% |
| Operating cash flow (approximation) | €667k | €32k | €138k | €208k | €35k | ▼ 83.2% |
| Investment in fixed assets (approximation) | - | €-3.38M | €-32k | €-2.53M | €-8.61M | ▼ 240% |
| Change in cash | - | €1.17M | €-1.21M | €-16k | €70k | ▲ 533% |
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
04-08
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Reserve release · Thomas Dusselier
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
10-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
10-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €10MEq €14.52M ▲49.3%
4 profitable years in a row build equity to €14.52M.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Equity above €5MEq €8.20M ▲118%
2 profitable years in a row build equity to €8.20M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €667k
Net result €667k after 3 loss-making years.
31-12
Financial
Liquidity times 23current ratio 29.89
Current ratio from 1.31 to 29.89; short-term debt falls from €961k to €132k.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-250k
Net result drops to €-250k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Wortegem-Petegem · 1 establishment unit since 2017
Ground area
1.5 ha
Building footprint
2,292 m²
Volume, LiDAR
13,279 m³
Parcel 45055A1179/00E000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vytech
since 20172.269.499.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055A1179/00E000 | Flanders | 1.5 ha | 1 · 2,292 m² | 11.7 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.
Structure & network
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
Similar companies · same sector, comparable size
LBYX MANAGEMENT
BE 0848.537.885
Elsene · Eq €15.59M
Bright Plus Outsourcing Solutions
BE 0475.945.940
Antwerpen · Eq €15.66M
PRIVATRUST
BE 0430.349.606
Londerzeel · Eq €15.69M
DOMAINE DE GRAUX
BE 0882.499.466
Tournai · Eq €15.40M
S&R Group
BE 0834.561.967
Leuven · Eq €15.37M
Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 844 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
82990Other business support services
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.