Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Virgo Fidelis from Torhout, company number BE0410927929, closed financial year 2025 with a result of € -223,747 after tax. For that financial year Virgo Fidelis recorded a gross margin of € 338,073 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -123,677 to € -223,747. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 2.1 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -223,747
▼ 81 % more loss than in 2024
Profit after tax over the fiscal year.
€ 45,778
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
€ 307,793
▼ 23% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 14,564
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17,440
▼ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 64,518
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,297
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 612,190 | € 701,483 | - | - | |
| Gross margin | € 350,609 | € 384,379 | € 528,101 | € 338,073 | ▼ 36% |
| Profit after taxes | € -267,873 | € -216,899 | € -123,677 | € -223,747 | ▼ € 100,070 |
| Equity | € 2,625,716 | € 2,407,617 | € 2,282,740 | € 2,057,792 | ▼ 10% |
| Total debts | € 167,818 | € 167,907 | € 281,799 | € 183,342 | ▼ 35% |
| Cash | € 38,111 | € 23,062 | € 61,469 | € 45,778 | ▼ 26% |
| Land & buildings | € 2,496,348 | € 2,296,862 | € 2,272,077 | € 2,060,191 | ▼ 9% |
| Retained profit | € -1,886,207 | € -2,103,106 | € -2,226,784 | € -2,450,531 | ▼ € 223,748 |
| Bank debt | € 22,139 | € 20,808 | € 20,023 | € 17,440 | ▼ 13% |
| Balance sheet total | € 2,793,534 | € 2,575,524 | € 2,564,538 | € 2,241,134 | ▼ 13% |
| Employees (FTE) | 7.9 | 7.3 | - | - |
Key figures of Virgo Fidelis, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Virgo Fidelis?
What happened at Virgo Fidelis in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 223,748. Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 267,873 loss in 2022 to € 223,748 loss in 2025.
On average € 52,700 of value added per employee in 2023.
Establishments
Establishment units
Physical locations of this company
Bosdreef 5
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
groenhove.net
Registered
2009-05-13
Registrar
Combell NV
Expires
2026-05-13
Website info
Features
Security
Details
- Company number
- 0410.927.929
- VAT number
- BE 0410.927.929
- Registered office
- Bosdreef 5, 8820 Torhout
- Names & denominations
- Virgo Fidelis
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 9 May 1957
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- groenhove.net
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