VAKARME
ActiveSummary
VAKARME has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,041) and a net result of €2,904. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 6% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-12
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.88 against 3.2 in 2024; short-term debt: 29.5% and cash: 19.6% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-32.5%
Return on assets
5.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filingsDeviation from the deadline
2025
59 d late
2024
38 d early
2023
35 d early
2022
29 d late
2021
26 d late
2020
46 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 26 August (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€17,041▲ 14.6%
2024 · -€19,945
Total assets
€52,370▼ 0.1%
2024 · €52,410
Net result
€2,904▼ 63.1%
2024 · €7,867
Working capital
€29,064▼ 1.7%
2024 · €29,562
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€9,274▲ 16.0%€10,182-€1,436€12,079€6,206▼ 48.6%
Net result-€9,977below the sector's middle half▲ 11.1%€9,931within the sector's middle half-€3,985below the sector's middle half€7,867within the sector's middle half€2,904within the sector's middle half▼ 63.1%
Equity-€39,847below the sector's middle half▼ 33.4%-€23,827below the sector's middle half▲ 40.2%-€27,812below the sector's middle half▼ 16.7%-€19,945below the sector's middle half▲ 28.3%-€17,041below the sector's middle half▲ 14.6%
Total assets€30,447below the sector's middle half▲ 77.0%€84,590within the sector's middle half▲ 178%€64,406below the sector's middle half▼ 23.9%€52,410below the sector's middle half▼ 18.6%€52,370below the sector's middle half▼ 0.1%
Debt€70,294▲ 49.3%€108,417▲ 54.2%€92,218▼ 14.9%€72,355▼ 21.5%€69,411▼ 4.1%
Working capital€15,512within the sector's middle half▲ 618%€36,129within the sector's middle half▲ 133%€27,708within the sector's middle half▼ 23.3%€29,562within the sector's middle half▲ 6.7%€29,064within the sector's middle half▼ 1.7%
Solvency-130.9%below the sector's middle half▲ 42.8pp-28.2%below the sector's middle half▲ 102.7pp-43.2%below the sector's middle half▼ 15.0pp-38.1%below the sector's middle half▲ 5.1pp-32.5%below the sector's middle half▲ 5.5pp
Current ratio2.23within the sector's middle half▲ 1.081.95within the sector's middle half▼ 0.292.09within the sector's middle half▲ 0.153.20within the sector's middle half▲ 1.112.88within the sector's middle half▼ 0.32
Return on assets (ROA)-32.8%below the sector's middle half▲ 32.5pp11.7%within the sector's middle half▲ 44.5pp-6.2%below the sector's middle half▼ 17.9pp15.0%within the sector's middle half▲ 21.2pp5.5%within the sector's middle half▼ 9.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,370
Fixed assets
€7,862 ▼ 16.4%
Current assets
€44,508 ▲ 3.5%
Equity and liabilities
Equity-€17,041
Debt€69,411
Equity is negative: debt (€69,411) exceeds the balance-sheet total (€52,370).
Key figures and ratios
EBITDA
€7,751▼
2024 · €13,937
Cash flow
€4,450▼
2024 · €9,725
Interest coverage
6.47▼
2024 · 11.56
Debt ≤ 1 year
€15,445▲
2024 · €13,440
Debt > 1 year
€53,967▼
2024 · €58,915
Income taxes
€2,136▼
2024 · €3,224
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €15,855 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €609 | €412 | €1,317 | €1,858 | €1,546 | ▼ 16.8% |
| Other operating charges640/8 | €1,010 | €1,209 | €2,120 | €1,177 | €1,232 | ▲ 4.7% |
| Gross operating margin9900 | -€7,655 | €11,803 | €2,001 | €15,114 | €8,983 | ▼ 40.6% |
| Operating profit (loss)9901 | -€9,274 | €10,182 | -€1,436 | €12,079 | €6,206 | ▼ 48.6% |
| Financial income75/76B | €0 | €17 | €3 | €218 | €32 | ▼ 85.1% |
| Recurring financial income75 | €0 | €17 | €3 | €218 | €32 | ▼ 85.1% |
| Financial charges65/66B | €202 | €268 | €2,209 | €1,206 | €1,198 | ▼ 0.7% |
| Recurring financial charges65 | €202 | €268 | €2,209 | €1,206 | €1,198 | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | -€9,477 | €9,931 | -€3,642 | €11,091 | €5,040 | ▼ 54.6% |
| Income taxes67/77 | €500 | - | €343 | €3,224 | €2,136 | ▼ 33.8% |
| Profit (loss) for the period9904 | -€9,977 | €9,931 | -€3,985 | €7,867 | €2,904 | ▼ 63.1% |
| Profit (loss) for the period to be appropriated9905 | -€9,977 | €9,931 | -€3,985 | €7,867 | €2,904 | ▼ 63.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,447 | €84,590 | €64,406 | €52,410 | €52,370 | ▼ 0.1% |
| Fixed assets21/28 | €2,361 | €10,376 | €11,380 | €9,408 | €7,862 | ▼ 16.4% |
| Tangible fixed assets22/27 | €2,246 | €10,261 | €11,265 | €9,408 | €7,862 | ▼ 16.4% |
| Plant, machinery and equipment23 | €2,239 | €10,261 | €9,177 | €8,093 | €7,321 | ▼ 9.5% |
| Furniture and vehicles24 | €7 | - | €2,088 | €1,315 | €541 | ▼ 58.9% |
| Financial fixed assets28 | €115 | €115 | €115 | - | - | - |
| Current assets29/58 | €28,086 | €74,214 | €53,025 | €43,002 | €44,508 | ▲ 3.5% |
| Amounts receivable within one year40/41 | €20,154 | €31,772 | €23,510 | €17,678 | €22,579 | ▲ 27.7% |
| Trade receivables40 | €20,154 | €31,772 | €23,510 | €17,678 | €21,257 | ▲ 20.2% |
| Other amounts receivable41 | - | - | - | - | €1,322 | - |
| Cash at bank and in hand54/58 | €7,932 | €39,519 | €9,355 | €9,317 | €10,245 | ▲ 10.0% |
| Deferred charges and accrued income490/1 | - | €2,923 | €20,160 | €16,007 | €11,685 | ▼ 27.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,447 | €84,590 | €64,406 | €52,410 | €52,370 | ▼ 0.1% |
| Equity10/15 | -€39,847 | -€23,827 | -€27,812 | -€19,945 | -€17,041 | ▲ 14.6% |
| Contributions10/11 | €6,400 | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Reserves13 | €1,025 | €1,025 | €1,025 | €1,025 | €1,025 | = |
| Non-distributable reserves130/1 | €1,025 | €1,025 | €1,025 | - | - | - |
| Reserves not available under the articles1311 | €1,025 | €1,025 | €1,025 | - | - | - |
| Distributable reserves133 | - | - | - | €1,025 | €1,025 | = |
| Profit (loss) carried forward14 | -€47,272 | -€31,252 | -€35,237 | -€27,370 | -€24,466 | ▲ 10.6% |
| Amounts payable17/49 | €70,294 | €108,417 | €92,218 | €72,355 | €69,411 | ▼ 4.1% |
| Amounts payable after more than one year17 | €57,720 | €70,332 | €66,900 | €58,915 | €53,967 | ▼ 8.4% |
| Trade debts175 | €4,070 | €4,070 | - | - | - | - |
| Other amounts payable178/9 | €53,650 | €66,262 | €66,900 | €58,915 | €53,967 | ▼ 8.4% |
| Amounts payable within one year42/48 | €12,574 | €38,084 | €25,318 | €13,440 | €15,445 | ▲ 14.9% |
| Current portion of amounts payable after more than one year42 | €507 | - | - | - | - | - |
| Trade debts44 | €7,772 | €27,125 | €18,797 | €4,927 | €7,225 | ▲ 46.6% |
| Suppliers440/4 | €7,772 | €27,125 | €18,797 | €4,927 | €7,225 | ▲ 46.6% |
| Taxes, remuneration and social security45 | €4,295 | €10,959 | €6,520 | €8,513 | €8,220 | ▼ 3.4% |
| Taxes450/3 | €4,295 | €10,959 | €6,066 | €8,513 | €8,220 | ▼ 3.4% |
| Remuneration and social security454/9 | - | - | €454 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,977 | €9,931 | -€3,985 | €7,867 | €2,904 | ▼ 63.1% |
| + Depreciation and write-downs630 | €609 | €412 | €1,317 | €1,858 | €1,546 | ▼ 16.8% |
| Operating cash flow (approximation) | -€9,368 | €10,343 | -€2,668 | €9,725 | €4,450 | ▼ 54.2% |
| Investment in fixed assets (approximation) | - | -€8,428 | -€2,322 | €115 | €0 | ▼ 100% |
| Change in cash | - | €31,586 | -€30,164 | -€38 | €928 | ▲ 2,564% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 59 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7,867
Net result €7,867 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €9,931
Net result €9,931 after 4 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€11,218
Net result drops to -€11,218, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 4.49
Current ratio from 1.28 to 4.49; short-term debt falls from €8,289 to €3,593.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 2010
Ground area
1,555 m²
Building footprint
302 m²
Volume, LiDAR
1,767 m³
2 parcels, Brussels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Driesstraat 48, 1200 Sint-Lambrechts-Woluwe
since 20102.193.218.104
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021A0094/00B006 | Wallonia | 1,249 m² | 1 · 192 m² | 7.7 m · 1 fl. |
| 21672C0020/00H002 | Brussels | 306 m² | 1 · 111 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,601 companies in this sector we hold annual accounts for 52,629. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded05-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830916945
Also
9925:BE0830916945
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.