ACTIVE

VIRO

Financial year 2025 · closed on 31/12/2025
Net result
314,9 k €
+259.5% YoY
Gross margin
494,1 k €
+405.1% YoY
Equity
3 M €
+11.6% YoY
Workforce
0,0 ETP

What does VIRO do?

VIRO is a Public limited company incorporated in 1992. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.685.286
Incorporation
16/06/1992
Legal form
Public limited company
Registered office
Begijnhoflaan 452
9000 Gent · FlandreSee on map
Contributed capital
1 642 053,24 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin494,1 k €97,8 k €112,6 k €111,6 k €106,5 k €124,3 k €150,9 k €168,7 k €149,5 k €108,3 k €122,7 k €132,6 k €120,1 k €
EBITDA452,3 k €61,7 k €86,2 k €83,4 k €75,9 k €108,3 k €132,8 k €158,5 k €119,7 k €102,4 k €117,1 k €126,3 k €114,5 k €
Operating result348,6 k €-16 k €3,2 k €7,9 k €-481,5 €13,6 k €37,5 k €65,5 k €26,3 k €17,5 k €47,9 k €60,9 k €48,9 k €
Net result314,9 k €-197,5 k €71,8 k €102,2 k €46,2 k €14,7 k €251,3 k €19,9 k €-10,3 k €-16,7 k €10 k €50,7 k €-7,4 k €
Balance sheet
Equity3 M €2,7 M €2,9 M €2,8 M €2,7 M €2 M €2 M €1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €1,7 M €
Total assets5,2 M €3,9 M €6,2 M €6 M €5,9 M €3,8 M €3,8 M €3,6 M €3,4 M €3,2 M €3,2 M €3,2 M €3,2 M €
Cash526,9 k €73,7 k €45,1 k €14,3 k €57,1 k €86,8 k €62,9 k €212,9 k €212 k €137,9 k €75,2 k €34,8 k €38,3 k €
Debts2 M €1,2 M €3,2 M €3,1 M €3,1 M €1,7 M €1,7 M €1,9 M €1,6 M €1,4 M €1,4 M €1,4 M €1,5 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Hans Ritman

Director · since 01 février 2024 · until 30 juin 2028

Active
DUCAJU

Director · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven Bauters

Active
IPS - Snoecks

Director · since 30 juin 2022 · until 30 juin 2028 · 0427.681.116

Represented by Brian SNOECK

Active

Ended mandates

Hans Ritman

Bewindvoerder · since 01 février 2024 · until 30 juin 2028

Ended
DUCAJU

Bestuurder · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Brian Snoeck

Ended
DUCAJU

Administrator - manager · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven BAUTERS

Ended
DUCAJU

Administrator - manager · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven BAUTERS

Ended
At this address

Other companies at this address

CompanyCBE no.
DUCAJUActive
0466.831.702
EmpinActive
0643.962.808
Galerie SnoecksActive
0599.971.922
IPS - SnoecksActive
0427.681.116
StintActive
0790.354.020
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date24/08/202623/09/202526/08/202418/08/202331/08/202214/07/2021
General meeting18/08/202619/09/202526/07/202414/08/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/08/202624/08/2026DutchPDF
Abridged model31/12/202419/09/202523/09/2025DutchPDF
Abridged model31/12/202326/07/202426/08/2024DutchPDF
Abridged model31/12/202214/08/202318/08/2023DutchPDF
Abridged model31/12/202130/06/202231/08/2022DutchPDF
Abridged model31/12/202030/06/202114/07/2021DutchPDF
Abridged model31/12/201926/06/202024/07/2020DutchPDF
Abridged model31/12/201829/06/201912/07/2019DutchPDF
Abridged model31/12/201718/06/201811/07/2018DutchPDF
Abridged model31/12/201607/06/201731/07/2017DutchPDF
Abridged model31/12/201530/06/201619/08/2016DutchPDF
Abridged model31/12/201415/05/201527/08/2015DutchPDF
Abridged model31/12/201308/05/201417/07/2014DutchPDF
Abridged model31/12/201209/05/201325/06/2013DutchPDF
Abridged model31/12/201110/05/201216/07/2012DutchPDF
Abridged model31/12/201012/05/201129/08/2011DutchPDF
Abridged model31/12/200914/05/201030/08/2010DutchPDF
Abridged model31/12/200814/05/200908/06/2009DutchPDF
Abridged model31/12/200708/05/200823/06/2008DutchPDF
Abridged model31/12/200603/05/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 3 active · 29 ended

Active mandates

Hans Ritman

Director · since 01 février 2024 · until 30 juin 2028

Active
DUCAJU

Director · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven Bauters

Active
IPS - Snoecks

Director · since 30 juin 2022 · until 30 juin 2028 · 0427.681.116

Represented by Brian SNOECK

Active

Ended mandates

Hans Ritman

Bewindvoerder · since 01 février 2024 · until 30 juin 2028

Ended
DUCAJU

Bestuurder · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Brian Snoeck

Ended
DUCAJU

Administrator - manager · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven BAUTERS

Ended
DUCAJU

Administrator - manager · since 30 juin 2022 · until 30 juin 2028 · 0466.831.702

Represented by Lieven BAUTERS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/11/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/12/2010
    ONTSLAGEN - BENOEMINGEN
    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 2025314,9 k €
  2. 2024
    Annual accounts 2024-197,5 k €
  3. 2023
    Annual accounts 202371,8 k €
  4. 2022
    Annual accounts 2022102,2 k €
  5. 2021
    Annual accounts 202146,2 k €
  6. 2013
    Annual accounts 201314,7 k €
  7. 2012
    Annual accounts 2012251,3 k €
  8. 2011
    Annual accounts 201119,9 k €
  9. 2010
    Annual accounts 2010-10,3 k €
  10. 2009
    Annual accounts 2009-16,7 k €
  11. 2008
    Annual accounts 200810 k €
  12. 2007
    Annual accounts 200750,7 k €
  13. 2006
    Annual accounts 2006-7,4 k €
  14. 16/06/1992
    IncorporationPublic limited company