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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
VITARE from Gent, company number BE0808101060, closed financial year 2025 with a result of € 2 million after tax. For that financial year VITARE recorded revenue of € 15,730 and equity of € -24.3 million. Compared with financial year 2024, the result moved from € -57,123 to € 2 million. 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 July 24, 2026.
€ -24.3 million
▲ € 2.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ still € 57,123 loss in 2024
Profit after tax over the fiscal year.
€ 39,058
▲ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -25 million.
Debts at end 2025
€ 41.2 million
Loans from banks and other lenders, long and short.
€ 38,699
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 354 days on average.
€ 15,693
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 28,161 | € 22,555 | € 15,730 | ▼ 30% |
| Profit after taxes | € -101,763 | € -103,835 | € -57,123 | € 1,964,420 | ▲ € 2 million |
| Equity | € -26,235,078 | € -26,338,912 | € -26,396,035 | € -24,315,400 | ▲ € 2.1 million |
| Total debts | € 41,069,376 | € 41,121,457 | € 41,192,706 | € 41,297,098 | |
| Cash | € 67,487 | € 15,733 | € 29,859 | € 39,058 | ▲ 31% |
| Land & buildings | € 14,841,812 | € 14,841,812 | € 14,841,812 | € 17,017,640 | ▲ 15% |
| Retained profit | € -26,847,578 | € -26,951,412 | € -27,008,535 | € -25,044,115 | ▲ € 2 million |
| Bank debt | € 41,067,706 | € 41,067,706 | € 41,192,706 | € 41,242,706 | |
| Balance sheet total | € 14,909,299 | € 14,857,545 | € 14,871,671 | € 17,056,698 | ▲ 15% |
Key figures of VITARE, 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 VITARE?
What happened at VITARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
VITARE is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 2 million. Source: NBB ↗
- Paul Van Der PUtten became a director. NBB
- Pieter Wouters became a director. NBB
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,763 loss in 2022 to € 2 million profit in 2025.
Paid € 15,694 in corporate taxes since 2022.
Best year ever: 2025, with € 2 million 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
Behind VITARE are Paul Van Der PUtten and Pieter Wouters. The shares are held by Gewest Vlaams and Abacus Group NV.
Directors
According to the 2025 annual accounts
Paul Van Der PUtten
Liquidator
since 2023
Pieter Wouters
Liquidator
since 2023
Shareholders
Gewest Vlaams
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Coupure 88
9000 Gent
Achiel Van Eechautestraat 13 box 2
9800 Deinze
Active since 15 October 2009
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 →IMMO SCHIJNPOORT
€ 42,696 gross margin · 2025
EVENT & EXPO BELGIE
€ 205,668 gross margin · 2025
ProBas
EMMAREM
€ 232,879 gross margin · 2021
LUTAZI
€ 357,545 gross margin · 2023
+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
- 0808.101.060
- VAT number
- BE 0808.101.060
- Registered office
- Coupure 88, 9000 Gent
- Names & denominations
- VITARE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 27 November 2008
- Peppol
- Active · Active since 1 Jan 2001