ACTIVE

Vitrea

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Financial year 2025 · Closed on 31/12/2025

Net result105,1 k €+11,4 %over 1 year

Gross margin185,5 k €+27,7 %over 1 year

Equity167 k €+169,6 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Vitrea is a Public limited company incorporated in 2019. Its main activity is: Joinery installation. Its registered office is in Hasselt. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0725.469.334
Incorporation: 17/04/2019
Legal form: Public limited company
Registered office: Luikersteenweg 254
3500 Hasselt · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 46130Agents involved in the sale of timber and building materials 46130Agents involved in the sale of timber and building materials 46180Agents specialised in the sale of other particular products 46180Agents specialised in the sale of other particular products

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 7 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	185,5 k €	+27.7%	145,3 k €	+18.3%	122,9 k €	+57.9%	77,8 k €	+474%	-20,8 k €
EBITDA	144,7 k €	+39.4%	103,8 k €	+101%	51,6 k €	+57.9%	32,7 k €	+162%	-52,3 k €
Operating result	143,8 k €	+41.0%	102 k €	+108%	49,1 k €	+70.0%	28,9 k €	+152%	-55,5 k €
Net result	105,1 k €	+11.4%	94,3 k €	+98.8%	47,5 k €	+74.1%	27,3 k €	+148%	-56,9 k €
Balance sheet
Equity	167 k €	+170%	61,9 k €	+291%	-32,4 k €	+59.4%	-79,9 k €	+25.4%	-107,1 k €
Total assets	250,7 k €	+15.7%	216,7 k €	+93.6%	111,9 k €	+76.6%	63,4 k €	+41.1%	44,9 k €
Cash	212 k €	+36.2%	155,7 k €	+118%	71,5 k €	+137%	30,1 k €	+4395%	669,8 €
Debts	83,5 k €	-46.0%	154,6 k €	+7.2%	144,1 k €	+0.8%	143 k €	-5.9%	152 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-37.5%	1,6 ETP	+33.3%	1,2 ETP	+20.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GROUP A0417.514.724Represented by Michiel Odeurs	Director02/09/2025 → 24/04/2030
Daniel Rysciuk	Director16/04/2019 → 24/04/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Virtus0546.800.579Represented by Michiel Odeurs	Director25/04/2024 → 2024 accounts
Lumia0712.888.137Represented by Michiel Odeurs	Managing director16/04/2019 → 2022 accounts

Other companies at this address

Luikersteenweg 254 3500 Hasselt

Company	CBE no.
Belicraft● Active	1007.445.364
BELILIEGE● Active	0526.977.343
B-Frames● Active	0763.902.120
GROUP A● Active	0417.514.724
RAMATE INVEST● Active	0887.006.404
Ravot● Active	0768.547.133
Tovar● Active	0768.554.457
TRIO● Active	0476.864.569

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	31/08/2025	31/08/2024	30/08/2023	21/06/2022	31/08/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/05/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/05/2025	31/08/2025	Dutch	PDF
Abridged model	31/12/2023	14/05/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/05/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	10/05/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	31/08/2020	06/10/2020	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GROUP A0417.514.724Represented by Michiel Odeurs	Director02/09/2025 → 24/04/2030
Daniel Rysciuk	Director16/04/2019 → 24/04/2030

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Virtus0546.800.579Represented by Michiel Odeurs	Director25/04/2024 → 2024 accounts
Lumia0712.888.137Represented by Michiel Odeurs	Managing director16/04/2019 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/01/2026
Ontslag en benoeming bestuursorgaan
PDF
Mandates24/05/2024
ONTSLAGEN, BENOEMINGEN, STATUTEN (VERTALING,
PDF
Other19/04/2019
OPRICHTING ( NIEUWE RECHTSPERSOON, OPENING
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings7 filings

Mandates

GROUP A

Daniel Rysciuk

Virtus

Lumia

201920202021202220232024202520262027202820292030

Vitrea

Luikersteenweg 254, 3500 Hasselt

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Luikersteenweg 254, 3500 HasseltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00473702

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VitreaCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00473702

Events

2025
Annual accounts 2025105,1 k €↑
2024
Annual accounts 202494,3 k €↑
2023
Annual accounts 202347,5 k €↑
2022
Annual accounts 202227,3 k €↑
2021
Annual accounts 2021-56,9 k €↑
2020
Annual accounts 2020-90,9 k €↓
2019
Annual accounts 2019-21,4 k €
17/04/2019
IncorporationPublic limited company

Vitrea

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events