VAUT
ActiveSummary
VAUT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,386 and a net result of €23,344. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 51% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-9
Solvency85▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.07 in 2024; short-term debt: 25.5% and cash: 51.9% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
32 d early
2024
34 d early
2023
50 d early
2022
55 d early
2021
48 d early
2020
47 d early
2019
51 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 45 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 13 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#7 company by total assets in Leopoldsburg, Telecoms and IT sector#8 oldest company in Leopoldsburg, Telecoms and IT sector#9 company by equity in Leopoldsburg, Telecoms and IT sector
Turnover
€592,084▲ 132%
2019 · €255,696
EBIT margin
3.8%▼ 1.4pp
2019 · 5.2%
Net result
€23,344▼ 43.2%
2024 · €41,088
Working capital
€83,143▲ 22.6%
2024 · €67,818
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 62, Computer programming, consultancy and related 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
Turnover
Operating result€7,716▼ 65.6%€11,276▲ 46.1%€31,604▲ 180%€62,657▲ 98.3%€37,977▼ 39.4%
Net result€407below the sector's middle half▼ 97.6%€4,897within the sector's middle half▲ 1,102%€19,457within the sector's middle half▲ 297%€41,088within the sector's middle half▲ 111%€23,344within the sector's middle half▼ 43.2%
EBIT margin
Equity€59,600within the sector's middle half▼ 1.0%€64,497within the sector's middle half▲ 8.2%€83,954within the sector's middle half▲ 30.2%€125,042within the sector's middle half▲ 48.9%€148,386within the sector's middle half▲ 18.7%
Total assets€237,371within the sector's middle half▼ 18.0%€195,947within the sector's middle half▼ 17.5%€211,250within the sector's middle half▲ 7.8%€236,658within the sector's middle half▲ 12.0%€245,581within the sector's middle half▲ 3.8%
Debt€177,771▼ 22.5%€131,450▼ 26.1%€127,296▼ 3.2%€111,616▼ 12.3%€97,195▼ 12.9%
Working capital€29,573within the sector's middle half▼ 14.8%€19,004within the sector's middle half▼ 35.7%€33,393within the sector's middle half▲ 75.7%€67,818within the sector's middle half▲ 103%€83,143within the sector's middle half▲ 22.6%
Solvency25.1%below the sector's middle half▲ 4.3pp32.9%within the sector's middle half▲ 7.8pp39.7%within the sector's middle half▲ 6.8pp52.8%within the sector's middle half▲ 13.1pp60.4%within the sector's middle half▲ 7.6pp
Current ratio1.38below the sector's middle half▲ 0.051.34below the sector's middle half▼ 0.041.51within the sector's middle half▲ 0.182.07within the sector's middle half▲ 0.562.33within the sector's middle half▲ 0.26
Return on assets (ROA)0.2%below the sector's middle half▼ 5.6pp2.5%below the sector's middle half▲ 2.3pp9.2%within the sector's middle half▲ 6.7pp17.4%within the sector's middle half▲ 8.2pp9.5%within the sector's middle half▼ 7.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245,581
Fixed assets
€99,929 ▼ 5.3%
Current assets
€145,652 ▲ 11.0%
Equity and liabilities €245,581
Equity
€148,386 ▲ 18.7%
Debt
€97,195 ▼ 12.9%
Debt's share of the balance-sheet total falls from 47.2% to 39.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,133▼
2024 · €70,191
Cash flow
€31,500▼
2024 · €48,622
Quick ratio
2.25▲
2024 · 1.96
Debt to equity
0.66▼
2024 · 0.89
ROE
15.7%▼
2024 · 32.9%
Interest coverage
8.69▼
2024 · 12.52
Debt ≤ 1 year
€62,509▼
2024 · €63,361
Debt > 1 year
€33,871▼
2024 · €47,440
Income taxes
€9,712▼
2024 · €16,146
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
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 34,696 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 | - | - | €16,918 | €0 | €7,500 | - |
| Remuneration, social security and pensions62 | - | €350 | €250 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,329 | €8,320 | €7,764 | €7,534 | €8,156 | ▲ 8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €26,036 | €26,036 | -€52,071 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €1,422 | €1,513 | €1,936 | €1,677 | ▼ 13.4% |
| Gross operating margin9900 | €27,652 | €47,404 | €67,167 | €20,056 | €47,810 | ▲ 138% |
| Operating profit (loss)9901 | €7,716 | €11,276 | €31,604 | €62,657 | €37,977 | ▼ 39.4% |
| Financial income75/76B | - | €64 | €237 | €185 | €387 | ▲ 109% |
| Recurring financial income75 | €353 | €64 | €237 | €185 | €387 | ▲ 109% |
| Financial charges65/66B | - | €3,556 | €3,909 | €5,608 | €5,308 | ▼ 5.4% |
| Recurring financial charges65 | €6,866 | €3,556 | €3,909 | €5,608 | €5,308 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | €1,203 | €7,785 | €27,932 | €57,234 | €33,056 | ▼ 42.2% |
| Income taxes67/77 | €795 | €2,888 | €8,475 | €16,146 | €9,712 | ▼ 39.8% |
| Profit (loss) for the period9904 | €407 | €4,897 | €19,457 | €41,088 | €23,344 | ▼ 43.2% |
| Profit (loss) for the period to be appropriated9905 | €407 | €4,897 | €19,457 | €41,088 | €23,344 | ▼ 43.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €237,371 | €195,947 | €211,250 | €236,658 | €245,581 | ▲ 3.8% |
| Fixed assets21/28 | €129,098 | €120,778 | €113,014 | €105,479 | €99,929 | ▼ 5.3% |
| Tangible fixed assets22/27 | €129,098 | €120,778 | €113,014 | €105,479 | €99,929 | ▼ 5.3% |
| Land and buildings22 | - | €230 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,983 | - |
| Other tangible fixed assets26 | - | €120,548 | €113,014 | €105,479 | €97,945 | ▼ 7.1% |
| Current assets29/58 | €108,273 | €75,170 | €98,236 | €131,179 | €145,652 | ▲ 11.0% |
| Stocks and contracts in progress3 | - | - | €6,202 | €6,741 | €5,299 | ▼ 21.4% |
| Stocks30/36 | - | - | €6,202 | €6,741 | €5,299 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €97,047 | €65,565 | €35,051 | €30,918 | €11,793 | ▼ 61.9% |
| Trade receivables40 | - | €63,453 | €35,051 | €30,918 | €10,096 | ▼ 67.3% |
| Other amounts receivable41 | - | €2,112 | - | - | €1,697 | - |
| Cash at bank and in hand54/58 | €3,852 | €6,676 | €55,325 | €92,805 | €127,482 | ▲ 37.4% |
| Deferred charges and accrued income490/1 | - | €2,928 | €1,658 | €715 | €1,078 | ▲ 50.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €237,371 | €195,947 | €211,250 | €236,658 | €245,581 | ▲ 3.8% |
| Equity10/15 | €59,600 | €64,497 | €83,954 | €125,042 | €148,386 | ▲ 18.7% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €47,793 | €52,097 | €71,554 | €112,642 | €135,986 | ▲ 20.7% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €50,237 | €71,554 | €112,642 | €135,986 | ▲ 20.7% |
| Profit (loss) carried forward14 | -€593 | - | - | - | - | - |
| Amounts payable17/49 | €177,771 | €131,450 | €127,296 | €111,616 | €97,195 | ▼ 12.9% |
| Amounts payable after more than one year17 | €94,420 | €73,820 | €60,755 | €47,440 | €33,871 | ▼ 28.6% |
| Financial debts170/4 | - | €73,820 | €60,755 | €47,440 | €33,871 | ▼ 28.6% |
| Amounts payable within one year42/48 | €78,701 | €56,166 | €64,843 | €63,361 | €62,509 | ▼ 1.3% |
| Current portion of amounts payable after more than one year42 | - | €20,600 | €13,065 | €13,315 | €13,569 | ▲ 1.9% |
| Financial debts43 | - | - | - | €124 | €109 | ▼ 11.7% |
| Credit institutions430/8 | - | - | - | €124 | €109 | ▼ 11.7% |
| Trade debts44 | €27,290 | €1,248 | €920 | €2,269 | €2,473 | ▲ 9.0% |
| Suppliers440/4 | - | €1,248 | €920 | €2,269 | €2,473 | ▲ 9.0% |
| Taxes, remuneration and social security45 | - | €10,494 | €16,916 | €12,956 | €10,358 | ▼ 20.0% |
| Taxes450/3 | - | €6,094 | €16,916 | €12,956 | €10,358 | ▼ 20.0% |
| Remuneration and social security454/9 | - | €4,400 | - | - | - | - |
| Other amounts payable47/48 | - | €23,823 | €33,942 | €34,698 | €35,999 | ▲ 3.7% |
| Accrued charges and deferred income492/3 | - | €1,465 | €1,698 | €815 | €815 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €407 | €4,897 | €19,457 | €41,088 | €23,344 | ▼ 43.2% |
| + Depreciation and write-downs630 | €18,329 | €8,320 | €7,764 | €7,534 | €8,156 | ▲ 8.3% |
| Operating cash flow (approximation) | €18,736 | €13,217 | €27,221 | €48,622 | €31,500 | ▼ 35.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,605 | - |
| Change in cash | - | €2,825 | €48,649 | €37,480 | €34,677 | ▼ 7.5% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €41,088 ▲111%
Operating result €62,657, net result €41,088, both a record.
31-03
Financial
Equity above €100,000Eq €125,042 ▲48.9%
6 profitable years in a row build equity to €125,042.
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €407 ▼97.6%
Net result drops to €407, the lowest in the series; recovery starts the following year.
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leopoldsburg · 1 establishment unit since 2015
Ground area
340 m²
Building footprint
69 m²
Volume, LiDAR
409 m³
Parcel 71034A3038/00K000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAUT BV
since 20152.241.664.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A3038/00K000 | Flanders | 340 m² | 1 · 69 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KBRG Consulting
BE 0740.561.049
Ganshoren · Eq €148,405
GW CONSULTING
BE 0862.812.030
Sint-Genesius-Rode · Eq €148,350
MEASURETEC BENELUX
BE 0718.827.012
Holsbeek · Eq €148,349
BMB GESELLSCHAFT FÜR BEGLEITSYSTEME UND MONITORING BRÜSSEL
BE 0457.731.320
Brussel · Eq €148,339
NVCS
BE 0805.861.350
Herk-de-Stad · Eq €148,434
Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 15,343 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-04-2015
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
verheydenruben@vautbvba.comLeopoldsburg
E-invoicing
Reachable via Peppol
Peppol ID
0208:0629712023
Also
9925:BE0629712023
Registered
27-10-2025
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.