Equity
Equity fell by 70% in 5 years.
Equity fell by 70% in 5 years.
From profit to loss in 2025, after a profit of €47,038 in 2024.
Lower net result than 94% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
In July 2024, 3,592 companies had the same profile as VANE has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,592 companies, not a prediction for VANE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| VANE Bertem | €63,966 | -€23,308 | 62.8% | - |
| Maxks Overijse | €61,918 | -€46,725 | -20.1% | - |
| Busvalar Asse | €62,649 | -€24,079 | 85.9% | - |
| ACR CONSTRUCT Sint-Genesius-Rode | €58,791 | -€77,072 | -42.1% | - |
| Ellen Melis Grimbergen | €72,697 | -€1,856 | 91.8% | - |
| FREDALAN Pajottegem | €79,026 | -€17,275 | 13.1% | - |
| VWK Consulting Overijse | €76,966 | -€2,257 | 91.1% | - |
These companies have the same main activity as VANE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €58,800 and €79,000, founded between 2018 and 2019.
VANE files the micro format. That format states no turnover. The gross margin fell from -€942 in 2018 to -€23,308 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Higher than 57% of 41,211 companies in 2025.
Higher than 55% of 39,782 companies in 2025.
Lower than 95% of 40,303 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
63,966 | 110,141 | 213,546 | 184,519 | 217,527 | 185,635 | 49,667 | 4,972 | |
21/28 |
6,725 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
22/27 |
3,875 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
24 |
3,875 | 5,975 | 4,163 | 3,127 | 4,670 | 1,795 | 2,802 | 1,498 | |
28 |
2,850 | - | - | - | - | - | - | - | |
29/58 |
57,241 | 104,166 | 209,383 | 181,392 | 212,856 | 183,840 | 46,865 | 3,473 | |
29 |
- | - | - | - | - | 20,000 | 20,000 | - | |
291 |
- | - | - | - | - | 20,000 | 20,000 | - | |
40/41 |
- | 25,506 | 74,077 | 78,298 | 44,151 | 23,869 | - | 442 | |
40 |
- | 7,560 | 69,556 | 62,235 | 37,789 | 9,232 | - | - | |
41 |
- | 17,946 | 4,521 | 16,063 | 6,362 | 14,636 | - | 442 | |
54/58 |
41,727 | 64,150 | 133,681 | 100,739 | 166,726 | 138,182 | 26,409 | 3,031 | |
490/1 |
15,514 | 14,510 | 1,625 | 2,356 | 1,980 | 1,789 | 456 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
63,966 | 110,141 | 213,546 | 184,519 | 217,527 | 185,635 | 49,667 | 4,972 | |
10/15 |
40,142 | 65,638 | 18,600 | 18,600 | 18,600 | 134,445 | 39,127 | 4,972 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,400 | |
13 |
21,542 | 47,038 | - | - | - | 115,845 | 20,527 | - | |
133 |
21,542 | 47,038 | - | - | - | 115,845 | 20,527 | - | |
14 |
- | - | - | - | - | - | - | -1,228 | |
17/49 |
23,824 | 44,503 | 194,946 | 165,919 | 198,927 | 51,190 | 10,540 | - | |
42/48 |
23,824 | 44,503 | 194,946 | 160,613 | 197,537 | 51,190 | 10,540 | - | |
44 |
8,523 | 20,130 | 4,508 | 13,359 | 5,779 | 2,631 | 1,643 | - | |
440/4 |
8,523 | 20,130 | 4,508 | 13,359 | 5,779 | 2,631 | 1,643 | - | |
45 |
7,258 | 1,950 | 15,085 | 12,399 | 50,227 | 48,558 | 8,894 | - | |
450/3 |
7,258 | 1,950 | 15,085 | 12,399 | 50,227 | 48,558 | 8,894 | - | |
47/48 |
8,043 | 22,423 | 175,353 | 134,855 | 141,532 | - | 3 | - | |
492/3 |
- | - | - | 5,306 | 1,390 | - | - | - | |
| Income statement | |||||||||
9900 |
-23,308 | 62,734 | 213,092 | 173,877 | 169,754 | 124,962 | 32,640 | -942 | |
60/61 |
- | - | - | - | - | - | - | 942 | |
630 |
2,099 | 2,442 | 1,671 | 1,543 | 652 | 1,007 | 1,007 | 136 | |
640/8 |
- | 451 | 448 | 3,725 | 701 | 708 | 2,346 | 150 | |
9901 |
-25,407 | 59,841 | 210,973 | 168,609 | 168,401 | 123,247 | 29,287 | -1,228 | |
75/76B |
250 | - | 28 | - | 9,316 | 816 | 8 | - | |
75 |
- | - | 28 | - | 1,033 | 816 | 8 | - | |
76B |
250 | - | - | - | 8,282 | - | - | - | |
65/66B |
77 | 98 | 55 | 1,877 | 1,273 | 272 | 33 | - | |
65 |
77 | 98 | 55 | 1,877 | 864 | 272 | 33 | - | |
66B |
- | - | - | - | 409 | - | - | - | |
9903 |
-25,235 | 59,743 | 210,946 | 166,732 | 176,444 | 123,791 | 29,262 | -1,228 | |
67/77 |
260 | 12,706 | 48,960 | 38,683 | 40,138 | 28,472 | 7,507 | - | |
9904 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 21,755 | -1,228 | |
9905 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 21,755 | -1,228 | |
| Appropriation of the result | |||||||||
9906 |
-25,495 | 47,038 | 161,986 | 128,049 | 136,306 | 95,318 | 20,527 | -1,228 | |
791/2 |
25,495 | - | - | - | 115,845 | - | - | - | |
691/2 |
- | 47,038 | - | - | - | 95,318 | 20,527 | - | |
6921 |
- | 47,038 | - | - | - | 95,318 | 20,527 | - | |
694/7 |
- | - | 161,986 | 128,049 | 252,151 | - | - | - | |
694 |
- | - | 161,986 | 128,049 | 252,151 | - | - | - | |
| Document | |||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-04-2026 | 2026-00075498 | |
| 31-12-2024 | micro format | 26-03-2025 | 2025-00054609 | |
| 31-12-2023 | micro format | 12-04-2024 | 2024-00061820 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00167639 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20130829 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-31900202 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-39500233 | |
| 31-12-2018 | abbreviated format | 03-06-2019 | 2019-15700467 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| -23,308 | 62,283 | 212,644 | 170,153 | 169,053 | 124,254 | 30,294 | -1,092 | ||
| -23,396 | 49,479 | 163,657 | 129,593 | 136,958 | 96,325 | 22,762 | -1,092 | ||
| 2,850 | 4,254 | 2,707 | 0 | 3,936 | 0 | 2,311 | 1,634 | ||
| -22,423 | -69,531 | 32,943 | -65,987 | 28,543 | 111,773 | 23,378 | - | ||
| 33,417 | 59,663 | 14,437 | 20,779 | 15,319 | 132,650 | 36,325 | - | ||
| 62.8% | 59.6% | 8.7% | 10.1% | 8.6% | 72.4% | 78.8% | - | ||
| 2.40 | 2.34 | 1.07 | 1.13 | 1.08 | 3.59 | 4.45 | - | ||
| 0.59 | 0.68 | 10.48 | 8.92 | 10.69 | 0.38 | 0.27 | - | ||
| -63.5% | 71.7% | 870.9% | 688.4% | 732.8% | 70.9% | 55.6% | - | ||
| -39.9% | 42.7% | 75.9% | 69.4% | 62.7% | 51.3% | 43.8% | - | ||
| -301.37 | over 100 | over 100 | 90.65 | over 100 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €4,254 | €2,707 | - | €3,936 |
| €2,099 | €2,442 | €1,671 | €1,543 | €652 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €25,407, after a profit of €59,841 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 40.4% to 37.2%. Equity and debt are lower.
VANE has no parent and no holdings in its annual accounts. is the only director. VANE shares no director with another company.
| CHARLOTTE BILLIET
registered office since 27-11-2017 · founded in 2017 |
total assets €2.3m (2025) 0685.408.631 |
| AMOURABI
registered office since 19-12-2000 · founded in 1977 |
total assets €1.0m (2025) 0416.927.378 |
| VAN NECK STIJN
registered office since 27-04-2018 · founded in 2018 |
total assets €123,735 (2025) 0695.548.495 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Ormendaal 34 registered office 3060 Bertem | 14-12-2018 | 2.283.056.237 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24052B0080/00Y000 | 738 m² | 1 · 124 m² | 0.5 m |
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