Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 62.1 to 46.4.
Financials
Financial year 2024
Vital Materials Belgium from Villers-la-Ville, company number BE0400355226, closed financial year 2024 with a result of € -2.8 million after tax. For that financial year Vital Materials Belgium recorded revenue of € 27.1 million and equity of € 3 million. Compared with financial year 2023, the result moved from € -5.3 million to € -2.8 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2025.
€ 3 million
▼ 48% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.8 million
▲ 47 % less loss than in 2023
Profit after tax over the fiscal year.
€ 557,399
▲ 38% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14.5 million.
People and assets in 2024
46.4
▼ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4 million
▲ 11% vs 2023
€ 87,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 72,043
▲ 27% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 109
Loans from banks and other lenders, long and short.
€ 11.5 million
▲ 181% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 154 days on average.
€ 494,018
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 41,458,997 | € 42,140,166 | € 15,110,520 | € 27,117,365 | ▲ 79% |
| Profit after taxes | € -2,688,454 | € -916,394 | € -5,272,875 | € -2,815,249 | ▲ € 2.5 million |
| Equity | € 12,045,210 | € 11,128,816 | € 5,855,941 | € 3,040,691 | ▼ 48% |
| Total debts | € 17,683,701 | € 3,478,176 | € 5,575,796 | € 13,517,627 | ▲ 142% |
| Cash | € 587,745 | € 2,201,437 | € 403,247 | € 557,399 | ▲ 38% |
| Land & buildings | € 1,832,420 | € 1,550,332 | € 1,282,353 | € 1,132,878 | ▼ 12% |
| Retained profit | € -5,521,583 | € -6,437,977 | € -11,710,852 | € -14,526,101 | ▼ € 2.8 million |
| Bank debt | € 0 | € 0 | € 0 | € 109 | |
| Balance sheet total | € 29,752,415 | € 14,630,496 | € 11,655,242 | € 16,581,823 | ▲ 42% |
| Employees (FTE) | 66.3 | 62.1 | 48.1 | 46.4 | ▼ 1.7 |
Key figures of Vital Materials Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Vital Materials Belgium?
What happened at Vital Materials Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sean FULLER stepped down as director. NBB
- Jan VERMEYLEN stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 2.8 million. filed late Source: NBB ↗
- Sean FULLER became a director. NBB
- Jan VERMEYLEN became a director. NBB
- New establishment in Villers-la-Ville. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.7 million loss in 2021 to € 2.8 million loss in 2024.
Paid € 12,199 in corporate taxes since 2021.
Pays suppliers within 154 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Establishments
Establishment units
Physical locations of this company
Rue de la Station 67
1495 Villers-la-Ville
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.355.226
- VAT number
- BE 0400.355.226
- Registered office
- Rue de la Station 67, 1495 Villers-la-Ville
- Names & denominations
- Vital Materials Belgium · Sidech
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 1948
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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