ACTIVE

VITISCO

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Financial year 2025 · closed on 31/12/2025

Net result

8,3 k €

-89.1% YoY

Gross margin

14,5 k €

-80.6% YoY

Equity

179,4 k €

+0.0% YoY

What does VITISCO do?

VITISCO is a Public limited company incorporated in 2001. Its main activity is: Specialised design activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.349.578

Incorporation

19/12/2001

Legal form

Public limited company

Registered office

Hurstweg 8
9000 Gent · FlandreSee on map

Contributed capital

162 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

74103Specialised design activities· main 74120Specialised design activities 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 64200Activities of holding companies 64210Activities of holding companies+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	14,5 k €	-80.6%	74,9 k €	+24.1%	60,3 k €	-46.2%	112,2 k €	+97.9%	56,7 k €	-13.2%	65,4 k €	-36.6%	103,2 k €	+114%	48,2 k €	+5.8%	45,5 k €	+23.4%	36,9 k €	-39.6%	61,1 k €	+24.6%	49 k €	+50.8%	32,5 k €	+39.8%	23,3 k €	-40.3%	39 k €	+27.6%	30,5 k €	+47.4%	20,7 k €	+186%	7,3 k €	-83.0%	42,8 k €	+134%	-126,9 k €
EBITDA	13,7 k €	-81.5%	74,2 k €	+23.3%	60,2 k €	-46.3%	112,1 k €	+99.3%	56,3 k €	-13.3%	64,9 k €	-35.6%	100,8 k €	+117%	46,4 k €	+2.9%	45,1 k €	+23.6%	36,4 k €	-39.3%	60,1 k €	+29.1%	46,5 k €	+51.2%	30,8 k €	+94.3%	15,8 k €	-18.0%	19,3 k €	+103%	9,5 k €	-40.5%	16 k €	+140%	6,7 k €	-84.2%	42,1 k €	+123%	-186,5 k €
Operating result	9,6 k €	-84.1%	60,6 k €	+134%	25,9 k €	-67.9%	80,8 k €	+240%	23,8 k €	-10.2%	26,5 k €	-60.3%	66,7 k €	+159%	25,8 k €	+16.3%	22,2 k €	+41.7%	15,6 k €	-66.1%	46,2 k €	+20.6%	38,3 k €	+55.7%	24,6 k €	+68.1%	14,6 k €	-19.2%	18,1 k €	+108%	8,7 k €	-42.6%	15,2 k €	+128%	6,7 k €	-84.2%	42,1 k €	+123%	-186,5 k €
Net result	8,3 k €	-89.1%	75,7 k €	+154%	29,8 k €	-62.9%	80,4 k €	+232%	24,2 k €	-14.3%	28,2 k €	-57.5%	66,3 k €	+154%	26,1 k €	+37.5%	19 k €	+52.3%	12,5 k €	-71.6%	43,9 k €	+7.5%	40,8 k €	+70.0%	24 k €	+68.2%	14,3 k €	-14.4%	16,7 k €	+30.9%	12,8 k €	+43.1%	8,9 k €	+35.9%	6,6 k €	-84.3%	41,7 k €	+122%	-186,6 k €
Balance sheet
Equity	179,4 k €	+0.0%	179,4 k €	+0.1%	179,2 k €	+0.2%	178,9 k €	+3.1%	173,5 k €	+0.1%	173,3 k €	+1.9%	170,1 k €	+3.9%	163,7 k €	+19.0%	137,6 k €	+16.0%	118,6 k €	+11.8%	106,1 k €	+70.6%	62,2 k €	+191%	21,4 k €	+899%	-2,7 k €	+84.2%	-17 k €	+49.6%	-33,7 k €	+27.5%	-46,4 k €	+16.1%	-55,3 k €	+10.6%	-61,9 k €	+40.2%	-103,6 k €
Total assets	262,3 k €	-3.7%	272,4 k €	+7.1%	254,2 k €	-18.9%	313,6 k €	-33.0%	468,1 k €	-12.1%	532,5 k €	-3.3%	550,9 k €	+25.4%	439,4 k €	-0.1%	439,6 k €	+14.3%	384,5 k €	+7.0%	359,4 k €	+38.7%	259,2 k €	+7.8%	240,5 k €	+8.6%	221,4 k €	+12.0%	197,7 k €	-3.4%	204,7 k €	+96.8%	104 k €	+424%	19,8 k €	+26.3%	15,7 k €	+44.2%	10,9 k €
Cash	607,8 €	-84.3%	3,9 k €	+106%	1,9 k €	-50.2%	3,8 k €	+1275%	274 €	-86.8%	2,1 k €	-26.4%	2,8 k €	-12.9%	3,2 k €	+92.6%	1,7 k €	+66.7%	1 k €	-26.0%	1,4 k €	-63.0%	3,7 k €	+239%	1,1 k €	-34.4%	1,7 k €	+186%	580 €	-84.9%	3,8 k €	+1314%	271 €	-98.1%	14,2 k €	+40.9%	10,1 k €	+11121%	90 €
Debts	82,9 k €	-10.9%	93 k €	+24.0%	75 k €	-44.3%	134,7 k €	-54.0%	292,9 k €	-18.5%	359,2 k €	-5.7%	380,8 k €	+38.2%	275,6 k €	-8.7%	302 k €	+13.6%	265,9 k €	+5.0%	253,3 k €	+28.6%	197 k €	-10.1%	219,2 k €	-2.2%	224,1 k €	+4.4%	214,6 k €	-10.0%	238,4 k €	+58.4%	150,5 k €	+100%	75,2 k €	-3.1%	77,6 k €	-32.2%	114,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP	-62.5%	0,8 ETP	-20.0%	1,0 ETP	+233%	0,3 ETP		–		–		0,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 36 ended

Active mandates

CHECKPOINT X

Director · since 02 décembre 2025 · until 02 décembre 2031 · 0459.502.262

Represented by Giovanni Verborg

Active

Ended mandates

CHECKPOINT X

bestuurder · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

CHECKPOINT X

Director · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

CHECKPOINT X

Director · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

Giovanni Verborg

bestuurder · since 24 mai 2019 · until 24 mai 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	29/07/2025	28/08/2024	30/09/2023	02/09/2022	25/08/2021
General meeting	28/05/2026	22/05/2025	23/05/2024	25/05/2023	26/05/2022	27/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/05/2026	26/08/2026	Dutch	PDF
Micro model	31/12/2024	22/05/2025	29/07/2025	Dutch	PDF
Micro model	31/12/2023	23/05/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	25/05/2023	30/09/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	02/09/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	25/08/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	09/09/2020	Dutch	PDF
Abridged model	31/12/2018	23/05/2019	02/09/2019	Dutch	PDF
Abridged model	31/12/2017	24/05/2018	01/09/2018	Dutch	PDF
Abridged model	31/12/2016	25/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	27/08/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	18/08/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	23/05/2013	24/05/2013	Dutch	PDF
Abridged model	31/12/2011	24/05/2012	04/03/2013	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	16/03/2012	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	15/09/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	09/09/2009	Dutch	PDF
Abridged model	31/12/2007	22/05/2008	02/06/2009	Dutch	PDF
Abridged model	31/12/2006	24/05/2007	29/05/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 1 active · 36 ended

Active mandates

CHECKPOINT X

Director · since 02 décembre 2025 · until 02 décembre 2031 · 0459.502.262

Represented by Giovanni Verborg

Active

Ended mandates

CHECKPOINT X

bestuurder · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

CHECKPOINT X

Director · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

CHECKPOINT X

Director · since 24 mai 2019 · until 24 mai 2025 · 0459.502.262

Represented by Giovanni Verborg

Ended

Giovanni Verborg

bestuurder · since 24 mai 2019 · until 24 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/01/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/12/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/04/2013
MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/02/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/01/2006
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - 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

2025
Annual accounts 20258,3 k €↓
2024
Annual accounts 202475,7 k €↑
2023
Annual accounts 202329,8 k €↓
2022
Annual accounts 202280,4 k €↑
2021
Annual accounts 202124,2 k €↓
2020
Annual accounts 202028,2 k €↓
2019
Annual accounts 201966,3 k €↑
2018
Annual accounts 201826,1 k €↑
2017
Annual accounts 201719 k €↑
2016
Annual accounts 201612,5 k €↓
2015
Annual accounts 201543,9 k €↑
2014
Annual accounts 201440,8 k €↑
2013
Annual accounts 201324 k €↑
2012
Annual accounts 201214,3 k €↓
2011
Annual accounts 201116,7 k €↑
2010
Annual accounts 201012,8 k €↑
2009
Annual accounts 20098,9 k €↑
2008
Annual accounts 20086,6 k €↓
2007
Annual accounts 200741,7 k €↑
2006
Annual accounts 2006-186,6 k €
19/12/2001
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VITISCO

Overview

What does VITISCO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline