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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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VITRUVI ESTATES from Tielt, company number BE0680978503, closed financial year 2025 with a result of € -17,533 after tax. For that financial year VITRUVI ESTATES recorded a gross margin of € 17,214 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 709,768 to € -17,533. 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 February 2, 2026.
€ 1.1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,533
▼ still € 709,768 profit in 2024
Profit after tax over the fiscal year.
€ 4,604
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 991,127.
Debts at end 2025
€ 1.5 million
€ 770,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,516
▲ € 4,036 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,220 | € 195,856 | € 35,561 | € 17,214 | ▼ 52% |
| Profit after taxes | € 67,245 | € 114,913 | € 709,768 | € -17,533 | ▼ € 727,302 |
| Equity | € 283,980 | € 398,892 | € 1,108,661 | € 1,091,127 | ▼ 2% |
| Total debts | € 1,315,760 | € 974,222 | € 1,555,770 | € 1,637,302 | ▲ 5% |
| Cash | € 105,909 | € 92,018 | € 10,262 | € 4,604 | ▼ 55% |
| Land & buildings | € 1,211,966 | € 924,384 | € 1,179,128 | € 1,152,050 | ▼ 2% |
| Retained profit | € 183,980 | € 298,892 | € 1,008,661 | € 991,127 | ▼ 2% |
| Bank debt | € 1,016,886 | € 781,000 | € 1,540,000 | € 1,540,000 | |
| Balance sheet total | € 1,599,740 | € 1,373,114 | € 2,664,431 | € 2,728,429 | ▲ 2% |
Key figures of VITRUVI ESTATES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to VITRUVI ESTATES?
What happened at VITRUVI ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,533 (▼ € 727,302 vs 2024). filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,245 profit in 2022 to € 17,533 loss in 2025.
Paid € 59,600 in corporate taxes since 2022.
Best year ever: 2024, with € 709,768 profit.
Management
The stake of RELYS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VITRUVI ESTATESBehind VITRUVI ESTATES are Relys BV and Jovack. The shares are held by RELYS (25%).
Directors
According to the 2025 annual accounts
Director · represented by Pieter Theys
Also active at: IMMOPAT, VITRUVI DEVELOPMENTS, WRight Estates, WRight Developments, WARD
Director · represented by Jonas Van Poucke
Also active at: IMMOPAT, VITRUVI DEVELOPMENTS, WRight Estates, WRight Developments, PHI ESTATES, BIJ DEN BOER, WARD
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ooigemstraat 47
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →IMMOPAT same network
€ 12,151 gross margin · 2025
VITRUVI DEVELOPMENTS same network
€ 164,158 gross margin · 2025
WRight Estates same network
€ 179,689 gross margin · 2025
WRight Developments same network
€ 153,578 gross margin · 2025
RELYS same network
€ 15,446 gross margin · 2025
+4 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
- 0680.978.503
- VAT number
- BE 0680.978.503
- Registered office
- Ooigemstraat 47, 8760 Tielt
- Names & denominations
- VITRUVI ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2017
- Peppol
- Active · Active since 24 Mar 2025