Equity
€117,184 ▼ 5.2%
VASANO paid out €160,000 in dividends. That is 104% of the 2025 profit.
VASANO
Lifetime
9 annual accounts with figures on one time axispeak €289,514 (2024)
€255,436▼ 11.8%
peak €178,105 (2024)
€153,614▼ 13.8%
peak €142,948 (2019)
€117,184▼ 5.2%
€1.1m▲ 120%
Board2 names since 2016
2 directorsELOY Olivier and 1 other
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Dividend €160,000Debts from €485,010 to €1.1mCash from €193,171 to €809,020
Key points
from the 2025 annual accountsDebts
€1.1m 90% of the balance sheet
Financial debts 21%Suppliers 1%Taxes and wages 7%Other 71%
Of this, €339,678 falls due within a year.
Liquidity
2.77 was 1.41 in 2024
Short-term debts rose from €230,855 to €339,678.
Filings
9 annual accounts 7 late
The 2019 accounts came latest: 91 days after the end of the period.
Board
2 joined
New directors. Latest change 04-09-2026 · 2 in office.
Position in the sector
9.9%
Lower solvency than 83% of companies in head offices and management consultancy. Sector median 55.5% · 39,364 companies.
Checked score
91
Excellent
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025highest value
10-2025: < 0.1%▼ -0.3 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Equity €117,184 (9.9% of total assets)
lowers risk
Liquidity: current ratio 2.77, cash €809,020
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 17% of them on solvency, 81% on liquidity, 53% on profitability and 32% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 536 companies had the same profile as VASANO has now. Each dot stands for 2 companies, two years later.
95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of VASANO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 536 companies, not a prediction for VASANO. 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.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.77 (1.41 in 2024), above the usual 1.5. Short-term debt is 28.6% and cash 68.2% of total assets. However, 90.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
20 days late
2024
29 days late
2023
22 days early
2022
24 days early
2021
31 days late
2020
30 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 20 August (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Sprimont to Aywaille
New registered office: Avenue de la Libération 35, 4920 Aywaille · Previous registered office: Rue de la Sablière 33, 4140 Sprimont · Appointments: ELOY Olivier (director) and ALSTEEN Gladys (director) · General meeting of 31-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0654736637
Incorporation
published on 19-05-2016 · Gazette deed
First establishment
-, Avenue de la Libération 35, Aywaille
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VASANO Aywaille | €1.2m | €255,436 | 9.9% | - |
| GLARECO Bullange | €1.4m | €232,728 | 94.1% | - |
| COGESASSOC Sint-Gillis (bij-Brussel) | €1.2m | €265,029 | 9.5% | - |
| HOBBYMMO Erezée | €1.2m | €240,514 | 97.2% | - |
| V.J.B. Concept Maldegem | €1.3m | €248,118 | 30.7% | - |
| VMMD Kortrijk | €1.2m | €239,616 | 17.6% | - |
| ETICA CONSULTING Watermael-Boitsfort | €1.1m | €276,231 | 66.4% | - |
These companies have the same main activity as VASANO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €1.4m, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 17-05-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.253.109.4664920 Aywaille, since 17-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Insights on VASANO
VASANO files the micro format. That format states no turnover. The gross margin rose from €122,332 in 2017 to €255,436 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VASANO
- What is the company number of VASANO?
- The company number of VASANO is 0654.736.637. The VAT number is the same number with BE in front: BE 0654.736.637.
- Where is VASANO based?
- The registered office is at Avenue de la Libération 35, 4920 Aywaille.Company details
- What does VASANO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VASANO?
- VASANO is a private limited company (BV).
- When was VASANO founded?
- VASANO was founded on 17-05-2016.
- Is VASANO still active?
- Yes, VASANO is an active enterprise in the KBO register.
- What is the turnover of VASANO?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €255,436 and 95 comparable companies (NACE 70200). It probably lies between €300,000 and €640,000. In financial year 2019 turnover was €0.Financials
- Is VASANO profitable?
- In financial year 2025, VASANO made a profit of €153,614.
- Where can I find the annual accounts of VASANO?
- VASANO filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VASANO due?
- VASANO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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