VCAM
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00485190.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is €109,284. 2025 is the only financial year with this figure.
Assets, equity and debt per financial year.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for equity and total assets.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Financial fixed assets | - | €2,000 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as VCAM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €91,500 and €110,000, founded in 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| VCAM Herve | 2024 | €100,916 | €64,969 | €109,284 | €80,969 | 2025 |
| PSD Service Grâce-Hollogne | 2024 | €97,155 | €3,586 | €106,532 | -€1,414 | 2025 |
| ProximaGesT Braives | 2024 | €95,214 | €73,743 | €100,059 | €71,743 | 2025 |
| FRANGEST Juprelle | 2024 | €106,355 | €46,120 | €110,839 | €44,953 | 2025 |
| SHIFTPOINT CONSULTING Neupré | 2024 | €110,468 | €73,530 | €102,045 | €73,261 | 2025 |
| LJMC Limbourg | 2024 | €91,474 | €76,374 | €110,797 | €68,927 | 2025 |
| CXL Consulting Oupeye | 2024 | €106,892 | €97,142 | €119,181 | €92,142 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 11,279 companies had the same profile as VCAM has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of VCAM itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 11,279 companies, not a prediction for VCAM. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | - | €109,284 | - |
| Operating profit (loss)9901 | - | €109,284 | - |
| Financial charges65/66B | - | €296 | - |
| Recurring financial charges65 | - | €296 | - |
| Profit (loss) for the period before taxes9903 | - | €108,987 | - |
| Income taxes67/77 | - | €28,019 | - |
| Profit (loss) for the period9904 | - | €80,969 | - |
| Profit (loss) for the period to be appropriated9905 | - | €80,969 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,000 | €100,916 | ▲ 50× |
| Fixed assets21/28 | - | €2,000 | - |
| Financial fixed assets28 | - | €2,000 | - |
| Current assets29/58 | €2,000 | €98,916 | ▲ 49× |
| Cash at bank and in hand54/58 | €2,000 | €98,916 | ▲ 49× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,000 | €100,916 | ▲ 50× |
| Equity10/15 | €2,000 | €64,969 | ▲ 32× |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | - | €62,969 | - |
| Distributable reserves133 | - | €62,969 | - |
| Amounts payable17/49 | - | €35,947 | - |
| Amounts payable within one year42/48 | - | €35,947 | - |
| Trade debts44 | - | €4,045 | - |
| Suppliers440/4 | - | €4,045 | - |
| Taxes, remuneration and social security45 | - | €12,009 | - |
| Taxes450/3 | - | €12,009 | - |
| Other amounts payable47/48 | - | €19,893 | - |