VB CONSULT
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €1.9m on 31-12-2025in €m
in €m
Position in the sector
77.0%
Higher than 74% of 39,368 companies in 2025.
0.19
Higher than 5% of 38,051 companies in 2025.
2.9%
Higher than 26% of 38,523 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
1.9m | 929,097 | 57,816 | |
21/28 |
1.9m | 860,000 | - | |
22/27 |
4,062 | - | - | |
23 |
2,855 | - | - | |
24 |
1,207 | - | - | |
28 |
1.9m | 860,000 | - | |
29/58 |
28,966 | 69,097 | 57,816 | |
40/41 |
20,988 | 47,809 | 16,760 | |
41 |
20,988 | 47,809 | 16,760 | |
54/58 |
7,978 | 21,288 | 41,056 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
1.9m | 929,097 | 57,816 | |
10/15 |
1.5m | 453,693 | 42,668 | |
10/11 |
433,000 | 433,000 | 3,000 | |
12 |
1.0m | - | - | |
14 |
25,439 | 20,693 | 39,668 | |
17/49 |
434,590 | 475,403 | 15,149 | |
17 |
284,834 | 303,252 | - | |
170/4 |
218,834 | 303,252 | - | |
178/9 |
66,000 | - | - | |
42/48 |
149,756 | 172,151 | 15,149 | |
42 |
84,419 | 81,036 | - | |
44 |
1,120 | 175 | 148 | |
440/4 |
1,120 | 175 | 148 | |
45 |
14,217 | 20,940 | 15,001 | |
450/3 |
14,217 | 20,940 | 15,001 | |
47/48 |
50,000 | 70,000 | - | |
| Income statement | ||||
70 |
- | - | 93,336 | |
9900 |
81,016 | 73,468 | 52,819 | |
60/61 |
- | - | 40,517 | |
630 |
130 | - | - | |
640/8 |
400 | 387 | 384 | |
9901 |
80,487 | 73,081 | 52,435 | |
75/76B |
1,906 | 1,957 | 503 | |
75 |
1,906 | 1,957 | 503 | |
65/66B |
14,550 | 10,650 | 47 | |
65 |
14,550 | 10,650 | 47 | |
9903 |
67,843 | 64,387 | 52,890 | |
67/77 |
13,098 | 13,361 | 13,223 | |
9904 |
54,745 | 51,026 | 39,668 | |
9905 |
54,745 | 51,026 | 39,668 | |
| Appropriation of the result | ||||
9906 |
75,439 | 90,693 | 39,668 | |
14P |
20,693 | 39,668 | - | |
694/7 |
50,000 | 70,000 | - | |
694 |
50,000 | 70,000 | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 80,617 | - | - | ||
| 54,875 | - | - | ||
| 1.0m | 860,000 | - | ||
| -13,309 | -19,769 | - | ||
| -120,790 | -103,054 | 42,668 | ||
| - | - | 56.2% | ||
| 77.0% | 48.8% | 73.8% | ||
| 0.19 | 0.40 | 3.82 | ||
| 0.30 | 1.05 | 0.36 | ||
| 3.8% | 11.2% | 93.0% | ||
| 2.9% | 5.5% | 68.6% | ||
| 5.54 | - | - | ||
| - | - | 66 days | ||
| - | - | 1 day |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Financial fixed assets | - | €860,000 | - |
| €130 | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on VB CONSULT
The operating result for 2025 is 10% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 51.2% to 23.0%. Equity is higher and debt is lower.
- 2024 Equity +963%, Total assets +1,507% on 2023. Capital increase of €430,000 (Official Gazette 28-08-2024).