ACTIVE

VIRTUTES

Financial year 2024 · closed on 31/12/2024
Net result
-9,6 k €
+91.1% YoY
Gross margin
81,1 k €
+398.8% YoY
Equity
28,2 k €
-25.3% YoY

What does VIRTUTES do?

VIRTUTES is a Private limited company incorporated in 2008. Its main activity is: Retail sale of electrical household appliances in specialised stores. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0897.837.740
Incorporation
07/05/2008
Legal form
Private limited company
Registered office
Brusselstraat 51
2018 Antwerpen · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202019201820172016201520142012201120102009
Income statement
Gross margin81,1 k €-27,1 k €74,4 k €143,1 k €69 k €18,7 k €25,6 k €24,5 k €15,8 k €-1,3 k €-15,5 k €-461,1 €78,3 k €71,5 k €64,9 k €
EBITDA50,2 k €-40,1 k €25 k €131 k €61,1 k €16,3 k €24,4 k €24 k €15,4 k €-1,4 k €-15,6 k €-517,1 €49,9 k €760 €-65,4 k €
Operating result13,5 k €-73,1 k €3,5 k €122,6 k €52 k €5,4 k €20,8 k €20,4 k €14,6 k €-1,4 k €-15,6 k €-517,1 €49,9 k €-1,2 k €-67,6 k €
Net result-9,6 k €-107,9 k €-7 k €87,9 k €37,1 k €2,9 k €9,4 k €18,2 k €14,1 k €-1,5 k €-15,6 k €-552,2 €44,5 k €-1,9 k €-62,1 k €
Balance sheet
Equity28,2 k €37,8 k €145,7 k €152,7 k €64,8 k €27,6 k €24,8 k €15,3 k €-2,9 k €-17 k €-15,6 k €79,1 €631,3 €-43,9 k €-42,1 k €
Total assets981,2 k €1,4 M €1,9 M €318,9 k €149,9 k €102,5 k €66,2 k €61,7 k €29,2 k €79,1 €6,3 k €95,6 k €72,8 k €
Cash2,2 k €1,6 k €1,4 k €8 k €7,3 k €2,2 k €4,2 k €6,4 k €433,9 €79,1 €6,3 k €13 k €7,8 k €
Debts953 k €1,4 M €1,8 M €162,5 k €85,1 k €74,9 k €41,4 k €46,4 k €32,1 k €17 k €15,6 k €5,6 k €139,5 k €114,9 k €
Other
Workforce2,0 ETP1,7 ETP2,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 2 ended

Active mandates

Nico Vervat

Director

Active

Ended mandates

MARCEL VERHEYEN

Manager

Ended
Nico Vervat

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
3S BELGIUMActive
1031.395.159
AABOXActive
0640.678.565
Abovo BelgiumActive
1007.803.868
ADI-PROActive
1009.101.589
ADMINEXPERTSBankrupt
0550.357.214
ADS MarketBankrupt
0505.870.341
0821.705.410
0761.478.506
1006.451.709
1001.464.919
0723.810.832
AE FURNITUREActive
0451.671.392
1004.001.369
AGAPE +254Active
1016.905.042
AGCActive
0802.857.221
AGP GroupActive
0634.947.251
AICRBankrupt
0761.455.542
AJA WholesaleActive
1028.550.683
AJ MULTIBOUWBankrupt
0749.925.509
AL ABDULLAHBankrupt
0764.965.853
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202530/08/202410/10/202331/08/202227/08/202131/08/2020
General meeting12/06/202513/06/202408/06/202309/06/202210/06/202111/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202412/06/202530/09/2025DutchPDF
Micro model31/12/202313/06/202430/08/2024DutchPDF
Micro model31/12/202208/06/202310/10/2023DutchPDF
Micro model31/12/202109/06/202231/08/2022DutchPDF
Micro model31/12/202010/06/202127/08/2021DutchPDF
Micro model31/12/201911/06/202031/08/2020DutchPDF
Micro model31/12/201813/06/201907/08/2019DutchPDF
Micro model31/12/201714/06/201819/06/2018DutchPDF
Micro model31/12/201608/06/201716/08/2017DutchPDF
Abridged model31/12/201509/06/201614/06/2016DutchPDF
Abridged model31/12/201411/06/201505/11/2015DutchPDF
Abridged model31/12/201213/06/201325/09/2013DutchPDF
Abridged model31/12/201114/06/201226/09/2012DutchPDF
Abridged model31/12/201009/06/201117/08/2011DutchPDF
Abridged model31/12/200910/06/201030/06/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 1 active · 2 ended

Active mandates

Nico Vervat

Director

Active

Ended mandates

MARCEL VERHEYEN

Manager

Ended
Nico Vervat

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 office05/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates02/02/2022
    WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/11/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/11/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2014
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/05/2008
    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. 2024
    Annual accounts 2024-9,6 k €
  2. 2023
    Annual accounts 2023-107,9 k €
  3. 2022
    Annual accounts 2022-7 k €
  4. 2021
    Annual accounts 202187,9 k €
  5. 2020
    Annual accounts 202037,1 k €
  6. 2019
    Annual accounts 20192,9 k €
  7. 2018
    Annual accounts 20189,4 k €
  8. 2017
    Annual accounts 201718,2 k €
  9. 2016
    Annual accounts 201614,1 k €
  10. 2015
    Annual accounts 2015-1,5 k €
  11. 2014
    Annual accounts 2014-15,6 k €
  12. 2012
    Annual accounts 2012-552,2 €
  13. 2011
    Annual accounts 201144,5 k €
  14. 2010
    Annual accounts 2010-1,9 k €
  15. 2009
    Annual accounts 2009-62,1 k €
  16. 07/05/2008
    IncorporationPrivate limited company