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 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 5.6 to 3.3.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VIRTUOLOGY INTERNATIONAL from Watermaal-Bosvoorde, company number BE0466644333, closed financial year 2025 with a result of € -167,714 after tax. For that financial year VIRTUOLOGY INTERNATIONAL recorded revenue of € 3.8 million and equity of € 3.9 million. Compared with financial year 2024, the result moved from € -633,664 to € -167,714. 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 July 31, 2026.
€ 3.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -167,714
▲ 74 % less loss than in 2024
Profit after tax over the fiscal year.
€ 76,052
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
3.3
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 196,302
▼ 25% vs 2024
€ 59,500 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.
€ 322,499
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.1 million
▲ 18% vs 2024
€ 2.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 691,216
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 14,154
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,185,033 | € 2,923,063 | € 3,456,600 | € 3,803,467 | ▲ 10% |
| Profit after taxes | € -138,745 | € -511,396 | € -633,664 | € -167,714 | ▲ € 465,950 |
| Equity | € 2,288,024 | € 4,340,552 | € 3,923,398 | € 3,873,654 | ▼ 1% |
| Total debts | € 6,611,171 | € 9,609,559 | € 12,848,948 | € 16,364,709 | ▲ 27% |
| Cash | € 116,082 | € 47,864 | € 87,942 | € 76,052 | ▼ 14% |
| Retained profit | € -184,021 | € -695,417 | € -1,329,081 | € -1,496,795 | ▼ € 167,714 |
| Bank debt | € 1,716,293 | € 3,394,110 | € 4,330,019 | € 5,110,776 | ▲ 18% |
| Balance sheet total | € 8,899,551 | € 13,950,392 | € 16,772,552 | € 20,240,182 | ▲ 21% |
| Employees (FTE) | 4.3 | 5.6 | 4.9 | 3.3 | ▼ 1.6 |
Key figures of VIRTUOLOGY INTERNATIONAL, 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 VIRTUOLOGY INTERNATIONAL?
What happened at VIRTUOLOGY INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MONAMA stepped down as director. NBB
- RRCC stepped down as director. NBB
- be before SRL stepped down as director. NBB
- ONEBRIDGE stepped down as director. NBB
- Tailor Made Solutions SRL stepped down as director. NBB
- Tsahaye stepped down as director. NBB
- PHBC stepped down as director. NBB
- WEEGOO stepped down as director. NBB
In short
From € 138,745 loss in 2022 to € 167,714 loss in 2025.
Paid € 2,073 in corporate taxes since 2022.
Pays suppliers within 66 days on average.
Management
Behind VIRTUOLOGY INTERNATIONAL is Lala RANDRIAMANANTENA . It owns 100% of Programmads, 100% of Programmads France, 100% of ETAIL DISTRIBUTION, 100% of Virtuology Academy, 100% of Mobilosoft and 100% of Virtuology Spain itself.
Directors
According to the 2025 annual accounts
Lala RANDRIAMANANTENA
Director
since 2025
Director · represented by Moïse Denage
since 2025 · until 2031
Director · represented by Geerts , Thierry Geerts
since 2025 · until 2031
since 2019 · until 2031
Director · represented by Gregoire de Neve de Roden
since 2025 · until 2031
Managing director · represented by Cedric Donck
Also active at: VIRTUOLOGY ACADEMY, AFFILIO, BLUE 2 PURPLE
since 2019 · until 2031
Director · represented by Martin Gentil ,
since 2025 · until 2031
Director · represented by Pierre-Hugues Bonnefoy-Cudraz ,
Also active at: Advanced Fire Solutions, Whitewood AIFM
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Vorstlaan 25 box 5
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 82 companies are registered at this address.
All companies at this address →Unibra
€ 3.7 million revenue · 2025
Coopérative U.P.B.
SOCIÉTE DU GARNISTEAU
€ 51,409 gross margin · 2025
La Garantie Belge
LA MUTUELLE PATRONALE (A.A.M. CONTRE LES RISQUES DECOULANT DE LA LEGISLATION RELATIVE AU SALAIRE GARANTI)
+77 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.644.333
- VAT number
- BE 0466.644.333
- Registered office
- Vorstlaan 25 bus 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- VIRTUOLOGY INTERNATIONAL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1999
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige diensten op het gebied van informatietechnologie en computer
Overige activiteiten in verband met computers