Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VITHECO from Zandhoven, company number BE0472806209, closed financial year 2025 with a result of € -74,334 after tax. For that financial year VITHECO recorded a gross margin of € 28,938 and equity of € 19.4 million. Compared with financial year 2024, the result moved from € 2.5 million to € -74,334. 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 27, 2026.
€ 19.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,334
▼ still € 2.5 million profit in 2024
Profit after tax over the fiscal year.
€ 2,595
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 23,267
▲ 4% 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.
€ 10,875
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.3 million
▲ 100% vs 2024
Loans from banks and other lenders, long and short.
€ 4,074
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,869
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,152 | € 34,721 | € 51,040 | € 28,938 | ▼ 43% |
| Profit after taxes | € -13,126 | € 3,998,889 | € 2,506,695 | € -74,334 | ▼ € 2.6 million |
| Equity | € 12,931,331 | € 16,930,220 | € 19,436,915 | € 19,362,581 | |
| Total debts | € 8,904,744 | € 7,010,330 | € 9,316,221 | € 12,656,510 | ▲ 36% |
| Cash | € 10,652 | € 14,224 | € 66,986 | € 2,595 | ▼ 96% |
| Land & buildings | € 30,000 | € 30,000 | € 30,000 | € 18,980 | ▼ 37% |
| Retained profit | € 12,831,331 | € 16,830,220 | € 19,336,915 | € 19,262,581 | |
| Bank debt | € 3,453,886 | € 2,756,569 | € 3,141,466 | € 6,296,175 | ▲ 100% |
| Balance sheet total | € 21,836,075 | € 23,940,551 | € 28,753,136 | € 32,019,091 | ▲ 11% |
| Employees (FTE) | 0.5 | 0.5 | 0 | 0 |
Key figures of VITHECO, 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 VITHECO?
What happened at VITHECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 74,334 (▼ € 2.6 million vs 2024). Source: NBB ↗
- Victor Theeuwes became a director. NBB
- New establishment in Zandhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,126 loss in 2022 to € 74,334 loss in 2025.
Paid € 3,602 in corporate taxes since 2022.
Best year ever: 2023, with € 4 million profit.
A new publication or filing at VITHECO? We notify you, reason included.
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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
Behind VITHECO is Victor Theeuwes. It owns 100% of Stud111 NV, 100% of Theeuwes Participatiemaatschappij B.V., 100% of T.O.G. NV and 100% of Thema N.V. itself.
Establishments
Establishment units
Physical locations of this company
Vierselbaan 111
2240 Zandhoven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0472.806.209
- VAT number
- BE 0472.806.209
- Registered office
- Vierselbaan 111, 2240 Zandhoven
- Names & denominations
- VITHECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2000
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Activiteiten van holdings
Financiële holdings
Holdings