ACTIVE

VITRUVI DEVELOPMENTS

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Financial year 2025 · closed on 30/09/2025
Net result
8,4 k €
+153.0% YoY
Gross margin
164,2 k €
+125.9% YoY
Equity
-52,4 k €
+13.8% YoY
Workforce
2,0 ETP
+100.0% YoY

What does VITRUVI DEVELOPMENTS do?

VITRUVI DEVELOPMENTS is a Private limited company incorporated in 2019. Its main activity is: Development of building projects. Its registered office is in Tielt. It employs on average 2,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0726.899.885
Incorporation
20/05/2019
Legal form
Private limited company
Registered office
Ooigemstraat 47
8760 Tielt · FlandreSee on map
Contributed capital
6 300,00 €
Latest accounts
30/09/2025
Average workforce
2,0 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate70200Management consultancy activities70220Business and other management consultancy activities71209Technical testing and analysis71209Technical testing and analysis
Joint committees (2)
  • 200
  • 2000
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin164,2 k €72,7 k €78,9 k €36,2 k €-44,3 k €-30,9 k €
EBITDA39,2 k €4,1 k €33,6 k €1,1 k €-44,6 k €-31,3 k €
Operating result26,7 k €-3,8 k €28,3 k €1,1 k €-44,6 k €-32,2 k €
Net result8,4 k €-15,9 k €25,5 k €38,1 €-44,5 k €-32,2 k €
Balance sheet
Equity-52,4 k €-60,8 k €-44,9 k €-70,3 k €-70,4 k €-25,9 k €
Total assets676,8 k €554,5 k €448,3 k €311,5 k €296,4 k €177,2 k €
Cash8,6 k €9,6 k €6,6 k €8,8 k €38,3 k €29,8 k €
Debts714,6 k €604 k €459,4 k €381,1 k €366 k €203,1 k €
Other
Workforce2,0 ETP1,0 ETP0,7 ETP0,6 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 30/09/2025 · 2 active · 4 ended

Active mandates

JOVACK

Director · 0553.461.016

Represented by Jonas Van Poucke

Active
RELYS

Director · 0742.917.852

Represented by Pieter Theys

Active

Ended mandates

JOVACK

Director · 0553.461.016

Represented by Jonas Van Poucke

Ended
JOVACK

Director · 0553.461.016

Represented by Jonas VAN POUCKE

Ended
Pieter Theys

Director

Ended
RELYS

Director · 0742.917.852

Represented by Pieter THEYS

Ended
At this address

Other companies at this address

CompanyCBE no.
CABALLUS● Active
0794.539.767
Damien● Active
1040.224.238
IMMOPAT● Active
0430.196.681
RELYS● Active
0742.917.852
ROOMIE● Active
1025.790.638
VITRUVI ESTATES● Active
0680.978.503
WARD● Active
1010.550.255
WRight Developments● Active
0726.900.479
WRight Estates● Active
0726.900.281
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202020/05/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months17 months
Filing date29/04/202629/04/202502/04/202414/04/202319/04/202230/04/2021
General meeting20/03/202621/03/202515/03/202417/03/202318/03/202230/03/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202520/03/202629/04/2026DutchPDF
Abridged model30/09/202421/03/202529/04/2025DutchPDF
Abridged model30/09/202315/03/202402/04/2024DutchPDF
Abridged model30/09/202217/03/202314/04/2023DutchPDF
Abridged model30/09/202118/03/202219/04/2022DutchPDF
Micro model30/09/202030/03/202130/04/2021DutchPDF
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 30/09/2025 · 2 active · 4 ended

Active mandates

JOVACK

Director · 0553.461.016

Represented by Jonas Van Poucke

Active
RELYS

Director · 0742.917.852

Represented by Pieter Theys

Active

Ended mandates

JOVACK

Director · 0553.461.016

Represented by Jonas Van Poucke

Ended
JOVACK

Director · 0553.461.016

Represented by Jonas VAN POUCKE

Ended
Pieter Theys

Director

Ended
RELYS

Director · 0742.917.852

Represented by Pieter THEYS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/05/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20258,4 k €↑
  2. 2024
    Annual accounts 2024-15,9 k €↓
  3. 2023
    Annual accounts 202325,5 k €↑
  4. 2022
    Annual accounts 202238,1 €↑
  5. 2021
    Annual accounts 2021-44,5 k €↓
  6. 2020
    Annual accounts 2020-32,2 k €
  7. 20/05/2019
    IncorporationPrivate limited company