Financials
- Financial year
- 2025
- Turnover
- €88.2m
- Profit
- €639,892
- Solvency
- 34.7%
Turnover▼ 7.0%
Net result
20182025
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
ActiveSummary
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK has the legal form “Naamloze vennootschap van publiek recht” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €88.8m and a net result of €639,892. Equity remains stable across the filed financial years (±1.1% per year). Its solvency ranks better than 37% of 237 sector peers (NACE 72, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other research and development on natural sciences
NACE 72109
Largest employer in the province of Antwerp, Research and development sector9 sites
Size
€209.0moperating revenue 2025
- Staff
- 969.8 FTE
- Equity
- €88.8m
- Profit
- €639,892
Standalone figures, without subsidiaries
Structure
- Largest shareholder
- Participatiemaatschappij Vlaanderen · 44.64%
- Board
- 12 members
- Holdings
- 15
Accounts 53 days early41 of 43 deeds read
Signalslowers riskGrowing equityneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
49
/ 100
Fair▲ +18 on 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Average
Solvency
60=
equity 34.7% of total assets
Liquidity
27-5
short-term debt 53.9% · cash 3.3%
Profitability
60+43
return on assets 0.2%
Bankruptcy probability, 12 months
The KBO gives the legal form as “Naamloze vennootschap van publiek recht”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
Credit of up to €4,300,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.94, compared with 0.96 in 2024, below 1; short-term debt: 53.9% and cash: 3.3% of total assets), and 65.3% of the assets are financed with debt and provisions.
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Signals
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €88.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
53 days early
2024
55 days early
2023
57 days early
2022
67 days early
2021
72 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 61 days before the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · consolidated
- Annual accounts filedfinancial year 2025 · full…
- RestructuringMerger · Shareholding · Accounting…
Key points
- Positive: Back in profit in 2025after -€2.6m in 2024 €639,892 View
- Positive: Largest employer in the province of Antwerp, Research and development sectorin the Checked rankings No. 1 View
- Board changedlatest change 23-12-2025 · 12 in office 1 joined · 1 left View
- Heads a groupcompanies controlled 3 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- EU research moneyEU contribution €264.6m View
By topic
Board & ownership
- Board
- 12 members
- Largest shareholder
- Participatiemaatschappij Vlaanderen · 44.64%
- Eric VERMEYLENDirector
- Ingrid Vanden BergheDirector
- Meeus MichelDirector
- Participatiemaatschappij Vlaanderen NVDirector
- Wim VAN DEN ABBEELEDirector
and 7 other directors
Network & group
- Subsidiaries
- 3
- Holdings
- 15
- Connected companies
- 56
- Mergers and asset contributions
- 1
15 holdings
Timeline
- Events
- 94
- Since
- 1992
- Next accounts
- by 31-07-2027
- 11-02-2026Appointment: Bob Van den Broeck-Wyckmans (director)
- 31-12-2025Back to profit
- 23-12-2025Resignation: Katrien Bonneux (director)
Company details
- Sites
- 9
- Legal form
- Naamloze vennootschap van publiek recht
- Activity
- Other research and development on natural sciencesNACE 72109
- Founded
- 16-05-1991
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 3
- Purpose
- “VITO heeft tot voorwerp het verrichten van strategisch basisonderzoek in de domeinen…” (deed in Dutch)
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