Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Vitro Construct from Alken, company number BE0792853947, closed financial year 2024 with a result of € 70,051 after tax. For that financial year Vitro Construct recorded a gross margin of € 186,797 and equity of € -30,379. Compared with financial year 2023, the result moved from € -103,929 to € 70,051. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ -30,379
▲ € 70,051 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,051
▲ still € 103,929 loss in 2023
Profit after tax over the fiscal year.
€ 2,682
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -33,879.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 79,550
▼ 42% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,382
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 159,013
▼ 9% vs 2023
€ 59,911 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 238
▼ € 81,374 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 10,101
▲ 45% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 79,160 | € 186,797 | ▲ 136% |
| Profit after taxes | € -103,929 | € 70,051 | ▲ € 173,980 |
| Equity | € -100,429 | € -30,379 | ▲ € 70,051 |
| Total debts | € 273,731 | € 170,840 | ▼ 38% |
| Cash | € 6,701 | € 2,682 | ▼ 60% |
| Retained profit | € -103,929 | € -33,879 | ▲ € 70,051 |
| Bank debt | € 174,077 | € 159,013 | ▼ 9% |
| Balance sheet total | € 173,301 | € 140,462 | ▼ 19% |
Key figures of Vitro Construct, fiscal years 2023 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 Vitro Construct?
What happened at Vitro Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 70,051. filed late Source: NBB ↗
- New establishment in Alken. KBO
- Start of the company according to the CBE. KBO
In short
From € 103,929 loss in 2023 to € 70,051 profit in 2024.
Best year ever: 2024, with € 70,051 profit.
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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
Directors
According to the 2024 annual accounts
Davy Gelade
Director
Establishments
Establishment units
Physical locations of this company
Rond Punt 17
3570 Alken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.853.947
- VAT number
- BE 0792.853.947
- Registered office
- Rond Punt 17, 3570 Alken
- Names & denominations
- Vitro Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2022
- Peppol
- Active · Active since 13 Jan 2023
- Activities · NACE
Schrijnwerk
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van metalen deuren en vensters