VACHE BLEUE GROUP
ActiveVACHE BLEUE GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €14.77M and a net result of €1.88M. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 68% of 2383 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
4 d late
2024
20 d early
2023
35 d early
2022
24 d late
2021
12 d early
2020
87 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory
Equity
€14.77M▼ 0.1%
2024 · €14.79M
2019: €6.28M
2020: €8.48M
2021: €9.82M
2022: €10.30M
2023: €11.03M
2024: €14.79M
2019 → 2025
Net result
€1.88M▼ 74.8%
2024 · €7.46M
2019: €11k
2020: €2.20M
2021: €2.51M
2022: €1.68M
2023: €735k
2024: €7.46M
2019 → 2025
Total assets
€18.46M▼ 4.2%
2024 · €19.27M
2019: €19.70M
2020: €19.99M
2021: €19.66M
2022: €14.86M
2023: €14.40M
2024: €19.27M
2019 → 2025
Solvency
80.0%▲ 3.3pp
2024 · 76.8%
2019: 31.9%
2020: 42.4%
2021: 49.9%
2022: 69.3%
2023: 76.6%
2024: 76.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.64M-€1.67M▲ 1.8%€2.23M▲ 33.4%€2.34M▲ 4.9%€2.12M▼ 9.3%
Equity€9.82M-€10.30M▲ 4.9%€11.03M▲ 7.1%€14.79M▲ 34.0%€14.77M▼ 0.1%
Operating result€55k-€18k▼ 66.4%€139k▲ 660%€136k▼ 2.2%€157k▲ 15.0%
Net result€2.51M-€1.68M▼ 33.1%€735k▼ 56.3%€7.46M▲ 915%€1.88M▼ 74.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.46M
Fixed assets
€16.88M▼ 9.4%
Current assets
€1.58M▲ 145%
Equity and liabilities €18.46M
Equity
€14.77M▼ 0.1%
Debt
€3.69M▼ 17.6%
The debt ratio falls from 23.2% to 20.0%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
80.0%▲
2024 · 76.8%
ROE
12.7%▼
2024 · 50.4%
ROA
10.2%▼
2024 · 38.7%
Debt
€3.69M▼
2024 · €4.48M
Debt ≤ 1 year
€3.69M▼
2024 · €4.46M
Income taxes
€106k▲
2024 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€19.27M€18.46M▼
Fixed assets21/28€18.62M€16.88M▼
Intangible fixed assets21€52k€8k▼
Financial fixed assets28€18.57M€16.87M▼
Affiliated companies280/1€18.57M€16.87M▼
Participating interests280€10.87M€10.87M=
Amounts receivable281€7.70M€6.00M▼
Current assets29/58€646k€1.58M▲
Stocks and contracts in progress3€0-
Amounts receivable within one year40/41€368k€401k▲
Trade receivables40€307k€335k▲
Other amounts receivable41€61k€66k▲
Cash at bank and in hand54/58€172k€1.08M▲
Deferred charges and accrued income490/1€106k€94k▼
Equity and liabilities
Total equity and liabilities10/49€19.27M€18.46M▼
Equity10/15€14.79M€14.77M▼
Contributions10/11€6.27M€6.27M=
Profit (loss) carried forward14€8.52M€8.50M▼
Amounts payable17/49€4.48M€3.69M▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Subordinated loans170€0-
Credit institutions173€0-
Amounts payable within one year42/48€4.46M€3.69M▼
Current portion of amounts payable after more than one year42€604k€0▼
Trade debts44€119k€203k▲
Suppliers440/4€119k€203k▲
Taxes, remuneration and social security45€39k€85k▲
Taxes450/3€39k€85k▲
Other amounts payable47/48€3.70M€3.40M▼
Accrued charges and deferred income492/3€17k€3k▼
Income statement
Code20242025
Operating income70/76A€2.34M€2.26M▼
Turnover70€2.34M€2.12M▼
Other operating income74-€139k
Operating charges60/66A€2.20M€2.10M▼
Services and other goods61€2.15M€2.06M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€44k▼
Other operating charges640/8€968€998▲
Operating profit (loss)9901€136k€157k▲
Financial income75/76B€7.43M€1.83M▼
Recurring financial income75€7.43M€1.83M▼
Income from financial fixed assets750€150k€1.59M▲
Income from current assets751-€245k
Other financial income752/9€7.28M-
Financial charges65/66B€50k€4k▼
Recurring financial charges65€50k€4k▼
Debt charges650€48k€2k▼
Other financial charges652/9€2k€1k▼
Profit (loss) for the period before taxes9903€7.51M€1.98M▼
Income taxes67/77€60k€106k▲
Taxes670/3€60k€106k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€7.46M€1.88M▼
Profit (loss) for the period to be appropriated9905€7.46M€1.88M▼
Appropriation of the result
Profit (loss) to be appropriated9906€12.22M€10.40M▼
Profit (loss) brought forward from the previous period14P€4.77M€8.52M▲
Profit to be distributed694/7€3.70M€1.90M▼
Return on contributions (dividend)694€3.70M€1.05M▼
Directors or managers695-€850k
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation3 facts ▸
- General meeting, 2026-08-11
- Director resignation, VROOME EXECUTIVE MANAGEMENT & CONSULTANCY (administrateur)
- Director resignation, Frédérique Vroome (représentant permanent de la personne morale VROOME EXECUTIVE MANAGEMENT & CONSULTANCY)
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 4 days late
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Highest result since 2019net €7.46M ▲915%
Net result €7.46M, the highest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated · 24 days late
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 24 days late
2022
31-12
Financial
Equity above €10MEq €10.30M ▲4.9%
4 profitable years in a row build equity to €10.30M.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 87 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-08-2026
VROOME EXECUTIVE MANAGEMENT & CONSULTANCY: Resigned as Director
01-08-2026
Frédérique Vroome: Resigned as Représentant permanent de la personne morale vroome executive management & consultancy
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grand'Route 5521428 Braine-l'AlleudGround area
1.6 ha
Building footprint
437 m²
Volume, LiDAR
3,068 m³
Parcel 25054B0249/00V000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VACHE BLEUE GROUP
since 20192.287.702.537
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054B0249/00V000 | Wallonia | 1.6 ha | 1 · 437 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,637 companies in sector 64210 we hold annual accounts for 19,690. 4,948 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2019
Fiscal year end31-12
Abbreviation FR
VB Group
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.