ACTIVE

VITeS

Financial year 2025 · closed on 31/12/2025
Net result
1,1 M €
-29.8% YoY
Revenue
14 M €
+8.4% YoY
Equity
31,2 M €
+3.4% YoY
Workforce
529,8 ETP
+4.4% YoY

What does VITeS do?

VITeS is a Non-profit organization incorporated in 1985. Its registered office is in Leuven. It employs on average 529,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.067.802
Incorporation
08/08/1985
Legal form
Non-profit organization
Registered office
Ijzerenmolenstraat 4
3001 Leuven · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
529,8 ETP
Joint committees (1)
  • 32701
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue14 M €13 M €12,9 M €5,8 M €4,8 M €3,8 M €4,6 M €4,3 M €4,1 M €3,8 M €3,4 M €3,2 M €3 M €2,9 M €2,6 M €2,4 M €2,1 M €1,9 M €1,7 M €
EBITDA2,6 M €2,6 M €4,7 M €1,7 M €1,5 M €1 M €1,2 M €1,1 M €1,3 M €1,5 M €1,2 M €1,3 M €1 M €1 M €1 M €881,6 k €587,4 k €511,6 k €496,1 k €
Operating result1,1 M €1,4 M €3,6 M €1,1 M €904,7 k €409 k €267 k €725,6 k €890,5 k €1,2 M €856 k €913,3 k €180,6 k €756,1 k €762,2 k €656,5 k €414,7 k €420,6 k €408,6 k €
Net result1,1 M €1,5 M €3,6 M €770,7 k €769,8 k €298,5 k €172,4 k €614,1 k €755,5 k €989 k €792 k €810 k €30,8 k €739,8 k €725,9 k €649,3 k €427,5 k €459 k €447,9 k €
Balance sheet
Equity31,2 M €30,2 M €28,7 M €12,3 M €11,6 M €10,9 M €10,6 M €10,4 M €9,8 M €9,1 M €8,2 M €7,3 M €6,4 M €6,4 M €5,6 M €4,1 M €3,6 M €3,1 M €2 M €
Total assets40,2 M €39,4 M €38,8 M €19,2 M €18,5 M €18,4 M €18,3 M €16,7 M €16,4 M €15,7 M €15 M €14,2 M €13,5 M €13,6 M €12,1 M €10,8 M €11,1 M €7 M €3,1 M €
Cash2 M €4,1 M €7,9 M €3,4 M €2,5 M €2 M €7,2 M €8,1 M €7,6 M €7,1 M €6,1 M €5,3 M €4,9 M €5,4 M €4,6 M €3,4 M €2,3 M €2,6 M €1,6 M €
Debts8,9 M €9,2 M €9,8 M €5,9 M €6 M €6,7 M €7 M €5,6 M €5,9 M €6,1 M €6,4 M €6,5 M €6,8 M €6,9 M €6,3 M €6,6 M €7,4 M €3,8 M €982,5 k €
Other
Workforce529,8 ETP507,4 ETP482,9 ETP195,1 ETP192,4 ETP177,8 ETP175,4 ETP171,3 ETP157,9 ETP145,1 ETP143,7 ETP142,0 ETP141,1 ETP140,2 ETP139,5 ETP134,7 ETP126,3 ETP119,3 ETP113,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 59 ended

Active mandates

Ann-Juliette Verboven

Director · since 23 juin 2025 · until 23 juin 2029

Active
Geert Sterck

Director · since 10 juin 2024 · until 10 juin 2028

Active
Daniël Heyvaert

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Dirk Janssens

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Erik Devogelaere

Chairman of the board of directors · since 09 septembre 2023 · until 08 septembre 2027

Active
Guy De Rocker

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Katrien Willems

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Sandra Rosvelds

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Johan Mommaerts

Director · since 12 juin 2023 · until 12 juin 2027

Active

Ended mandates

Johan Mommaerts

Director · since 12 juin 2023

Ended
Erik Devogelaere

Chairman of the board of directors · since 01 janvier 2021 · until 09 septembre 2023

Ended
Erik Devogelaere

Chairman of the board of directors · since 01 janvier 2021 · until 10 juin 2024

Ended
Ann-Juliette Verboven

Director · since 14 décembre 2020 · until 14 décembre 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
ViTeS ServicesActive
0826.544.621
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202601/07/202521/06/202423/06/202322/06/202202/07/2021
General meeting22/06/202623/06/202510/06/202412/06/202320/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/06/202629/06/2026DutchPDF
Full model31/12/202423/06/202501/07/2025DutchPDF
Full model31/12/202310/06/202421/06/2024DutchPDF
Full model31/12/202212/06/202323/06/2023DutchPDF
Full model31/12/202120/06/202222/06/2022DutchPDF
Full model31/12/202021/06/202102/07/2021DutchPDF
Full model31/12/201907/09/202016/09/2020DutchPDF
Full model31/12/201817/06/201902/07/2019DutchPDF
Full model31/12/201712/06/201811/07/2018DutchPDF
Full model31/12/201613/06/201710/10/2017DutchPDF
Full model31/12/201513/06/201627/06/2016DutchPDF
Full model31/12/201422/05/201501/06/2015DutchPDF
Full model31/12/201327/06/201401/07/2014DutchPDF
Full model31/12/201214/06/201327/06/2013DutchPDF
Full model31/12/201122/06/201227/06/2012DutchPDF
Full model31/12/201027/05/201123/06/2011DutchPDF
Full model31/12/200921/05/201030/06/2010DutchPDF
Full model31/12/200829/05/200903/06/2009DutchPDF
Full modelCorrection31/12/200725/04/200813/05/2008DutchPDF
Full model31/12/200725/04/200830/04/2008DutchPDF
Abridged model31/12/200609/05/200721/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 9 active · 59 ended

Active mandates

Ann-Juliette Verboven

Director · since 23 juin 2025 · until 23 juin 2029

Active
Geert Sterck

Director · since 10 juin 2024 · until 10 juin 2028

Active
Daniël Heyvaert

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Dirk Janssens

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Erik Devogelaere

Chairman of the board of directors · since 09 septembre 2023 · until 08 septembre 2027

Active
Guy De Rocker

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Katrien Willems

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Sandra Rosvelds

Director · since 09 septembre 2023 · until 08 septembre 2027

Active
Johan Mommaerts

Director · since 12 juin 2023 · until 12 juin 2027

Active

Ended mandates

Johan Mommaerts

Director · since 12 juin 2023

Ended
Erik Devogelaere

Chairman of the board of directors · since 01 janvier 2021 · until 09 septembre 2023

Ended
Erik Devogelaere

Chairman of the board of directors · since 01 janvier 2021 · until 10 juin 2024

Ended
Ann-Juliette Verboven

Director · since 14 décembre 2020 · until 14 décembre 2024

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other27/08/2026
    Statutenwijziging
    PDF
  • Mandates01/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/08/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Restructuring10/01/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other01/08/2022
    BENAMING
    PDF
  • Mandates03/02/2021
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,1 M €
  2. 2024
    Annual accounts 20241,5 M €
  3. 2023
    Annual accounts 20233,6 M €
  4. 2022
    Annual accounts 2022770,7 k €
  5. 2022
    Name changeViTeS
  6. 2021
    Annual accounts 2021769,8 k €
  7. 2020
    Annual accounts 2020298,5 k €
  8. 2019
    Annual accounts 2019172,4 k €
  9. 2018
    Annual accounts 2018614,1 k €
  10. 2017
    Annual accounts 2017755,5 k €
  11. 2016
    Annual accounts 2016989 k €
  12. 2015
    Annual accounts 2015792 k €
  13. 2014
    Annual accounts 2014810 k €
  14. 2013
    Annual accounts 201330,8 k €
  15. 2012
    Annual accounts 2012739,8 k €
  16. 2011
    Annual accounts 2011725,9 k €
  17. 2010
    Annual accounts 2010649,3 k €
  18. 2009
    Annual accounts 2009427,5 k €
  19. 2008
    Annual accounts 2008459 k €
  20. 2007
    Annual accounts 2007447,9 k €
  21. 2007
    Name changeSPIT Tewerkstelling
  22. 08/08/1985
    IncorporationNon-profit organization