ACTIVE

VITIS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

4,1 M €

+251.5% YoY

Gross margin

-460,2 k €

-38.7% YoY

Equity

125,9 M €

+0.1% YoY

Workforce

0,0 ETP

What does VITIS do?

VITIS is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Tournai.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.714.027

Incorporation

15/12/2006

Legal form

Private limited company

Registered office

Chaussée de Tournai(R-C) 52 box 1
7520 Tournai · WallonieSee on map

Contributed capital

1 746 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2020		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007
Income statement
Gross margin	-460,2 k €	-38.7%	-331,8 k €	+37.7%	-532,3 k €	-37.2%	-388 k €	+51.5%	-799,9 k €	-139%	-335 k €	+34.5%	-511,5 k €	-232%	-154,3 k €	+64.2%	-430,8 k €	-1151%	-34,4 k €	-79.2%	-19,2 k €	+93.9%	-314,1 k €	-1709%	-17,4 k €	-50.9%	-11,5 k €	+23.8%	-15,1 k €	-130%	-6,6 k €	-10.7%	-5,9 k €	+72.4%	-21,5 k €
EBITDA	-663,5 k €	-77.9%	-372,9 k €	+34.0%	-565,1 k €	-35.2%	-417,9 k €	+49.4%	-826,7 k €	-139%	-346,5 k €	+38.4%	-562,2 k €	-262%	-155,1 k €	+64.1%	-431,7 k €	-1121%	-35,4 k €	-76.0%	-20,1 k €	+93.6%	-314,2 k €	-1590%	-18,6 k €	-50.5%	-12,4 k €	+26.5%	-16,8 k €	-126%	-7,4 k €	-18.2%	-6,3 k €	+71.7%	-22,2 k €
Operating result	-680,9 k €	-74.7%	-389,7 k €	+33.0%	-581,9 k €	-33.9%	-434,7 k €	+48.5%	-843,5 k €	-138%	-354,3 k €	+38.5%	-576,4 k €	-272%	-155,1 k €	+64.1%	-431,7 k €	-1121%	-35,4 k €	-76.0%	-20,1 k €	+93.6%	-314,2 k €	-1590%	-18,6 k €	-50.5%	-12,4 k €	+26.5%	-16,8 k €	-126%	-7,4 k €	-18.2%	-6,3 k €	+71.7%	-22,2 k €
Net result	4,1 M €	+251%	-2,7 M €	-125%	-1,2 M €	-179%	1,5 M €	+1.3%	1,5 M €	+146%	603,1 k €	+214%	-529,5 k €	+1.8%	-539,1 k €	-101%	75 M €	+10241%	725,8 k €	+150%	290,1 k €	-99.3%	40,5 M €	+1596%	2,4 M €	+3.2%	2,3 M €	-52.3%	4,9 M €	+124%	2,2 M €	+19.9%	1,8 M €	-28.8%	2,5 M €
Balance sheet
Equity	125,9 M €	+0.1%	125,9 M €	-5.0%	132,5 M €	-0.9%	133,7 M €	-1.5%	135,7 M €	+1.1%	134,2 M €	+0.5%	133,6 M €	+1.1%	132,2 M €	-0.4%	132,8 M €	+130%	57,7 M €	-21.6%	73,6 M €	+0.4%	73,3 M €	+124%	32,8 M €	-22.7%	42,4 M €	+5.8%	40,1 M €	+13.8%	35,2 M €	+6.6%	33 M €	+5.8%	31,2 M €
Total assets	144,4 M €	+0.9%	143,2 M €	-1.7%	145,6 M €	+4.7%	139 M €	-1.5%	141,2 M €	+3.2%	136,8 M €	+0.1%	136,7 M €	+2.8%	133 M €	-2.8%	136,8 M €	+55.9%	87,7 M €	-8.6%	96 M €	-1.8%	97,8 M €	+198%	32,8 M €	-22.5%	42,4 M €	+2.5%	41,4 M €	+17.4%	35,2 M €	+6.6%	33 M €	+5.6%	31,3 M €
Cash	428,7 k €	-82.8%	2,5 M €	+821%	270,9 k €	-57.8%	641,8 k €	-47.5%	1,2 M €	-5.0%	1,3 M €	-76.4%	5,5 M €	-72.8%	20,1 M €	-44.5%	36,1 M €	+25588%	140,7 k €	-80.0%	704 k €	+417%	136,1 k €	-18.4%	166,8 k €	+150%	66,7 k €	+8.3%	61,5 k €	-39.4%	101,5 k €	+636%	13,8 k €	-4.1%	14,4 k €
Debts	18,5 M €	+7.1%	17,3 M €	+32.8%	13 M €	+145%	5,3 M €	-3.3%	5,5 M €	+116%	2,5 M €	-15.7%	3 M €	+323%	713,3 k €	-82.2%	4 M €	-86.7%	30 M €	+33.7%	22,4 M €	-8.3%	24,5 M €	+36829%	66,3 k €	+1093%	5,6 k €	-99.6%	1,3 M €	+26104%	4,9 k €	+577%	728 €	-98.7%	56,2 k €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	0,4 ETP	0.0%	0,4 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bertrand LETARTRE

Director · since 26 septembre 2022

Active

Ended mandates

Thierry LETARTRE

Director · since 30 décembre 2019

Ended

Bertrand Letartre

Manager · since 15 décembre 2006

Ended

Bertrand Letartre

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
2M MEDICAL● Active	1001.896.766
ADIVAL● Active	0681.538.925
AEROJET● Active	0782.352.114
ALASTYN● Active	0758.511.096
ALFPUN● Active	0758.511.393
ALICANTES INVESTISSEMENT● Active	0666.804.526
ALPENSTOCK● Active	0758.509.415
ANFAJULI INVEST● Active	0802.348.069
ARIPUN● Active	0758.512.086
AUDACHE● Active	0758.508.623
AURAXE● Active	0758.514.264
AXITEAM CONSULTING● Active	0502.974.395
BA-LOO● Active	0758.512.482
BDC● Active	1033.746.321
C.A.L.E.● Active	0793.829.687
CAR EXPANSION● Active	0746.395.697
CE-MAUKA● Active	0758.513.175
CLAVIO● Active	0758.511.789
DANIEL CREGUT Belgique● Active	0776.530.431
DENTAL NEGOCE● Active	1009.127.820

Annual accounts

Full financial information

	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	01/07/2020
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	6 months
Filing date	09/07/2026	17/07/2025	18/07/2024	10/07/2023	11/07/2022	24/08/2021
General meeting	25/06/2026	26/06/2025	26/06/2024	29/06/2023	16/05/2022	21/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	17/07/2025	French	PDF
Abridged model	31/12/2023	26/06/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	29/06/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	16/05/2022	11/07/2022	French	PDF
Abridged model	31/12/2020	21/06/2021	24/08/2021	French	PDF
Abridged model	30/06/2020	08/02/2021	03/03/2021	French	PDF
Abridged model	30/06/2019	05/03/2020	06/03/2020	French	PDF
Abridged model	30/06/2018	28/12/2018	27/02/2019	French	PDF
Abridged model	30/06/2017	29/12/2017	19/02/2018	French	PDF
Abridged model	30/06/2016	30/12/2016	07/02/2017	French	PDF
Abridged model	30/06/2015	28/12/2015	29/02/2016	French	PDF
Abridged model	30/06/2014	26/12/2014	27/02/2015	French	PDF
Abridged model	30/06/2013	27/12/2013	26/02/2014	French	PDF
Abridged model	30/06/2012	28/12/2012	14/02/2013	French	PDF
Abridged model	30/06/2011	30/12/2011	14/02/2012	French	PDF
Abridged model	31/12/2009	25/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	26/06/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	29/08/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 1 active · 3 ended

Active mandates

Bertrand LETARTRE

Director · since 26 septembre 2022

Active

Ended mandates

Thierry LETARTRE

Director · since 30 décembre 2019

Ended

Bertrand Letartre

Manager · since 15 décembre 2006

Ended

Bertrand Letartre

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office27/08/2024
SIEGE SOCIAL
PDF
Mandates13/10/2022
DEMISSIONS, NOMINATIONS
PDF
Registered office14/07/2022
SIEGE SOCIAL
PDF
Other11/01/2021
ASSEMBLEE GENERALE - ANNEE COMPTABLE - MODIFICATION FORME JURIDIQUE
PDF
Mandates21/01/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Restructuring11/07/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring09/04/2019
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other10/10/2017
OBJET
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 20254,1 M €↑
2024
Annual accounts 2024-2,7 M €↓
2023
Annual accounts 2023-1,2 M €↓
2022
Annual accounts 20221,5 M €↑
26/09/2022
nominationBertrand LETARTRE — administrateur
2021
Annual accounts 20211,5 M €↑
2020
Annual accounts 2020603,1 k €↑
2020
Annual accounts 2020-529,5 k €↑
2018
Annual accounts 2018-539,1 k €↓
2017
Annual accounts 201775 M €↑
2016
Annual accounts 2016725,8 k €↑
2015
Annual accounts 2015290,1 k €↓
2014
Annual accounts 201440,5 M €↑
2013
Annual accounts 20132,4 M €↑
2012
Annual accounts 20122,3 M €↓
2011
Annual accounts 20114,9 M €↑
2009
Annual accounts 20092,2 M €↑
2008
Annual accounts 20081,8 M €↓
2007
Annual accounts 20072,5 M €
15/12/2006
IncorporationPrivate 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

VITIS

Overview

What does VITIS do?

Trend over 18 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