VCAR ENGINEERING
ActiveSummary
VCAR ENGINEERING has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €219,595. Equity has been growing by about 33% per year since 2018. Its solvency ranks better than 64% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-03-2017 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 5 others
- Establishment unit
- 2.263.498.859 4877 Olne, since 01-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Board and ownership
- LAMBERT Vincent Maxime AlainDirector · since 19-10-2023
- Holdings
- Shares in 1 company CARAT DUCHATELET
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €325,126
- ▲ 3.3%
- Turnover
- ≈ €460,000
- estimated
- Profit
- €219,595
- ▲ 7.1%
- Equity
- €1.0m
- ▲ 26.9%
- Total assets
- €1.5m
- ▲ 15.1%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 3.14, cash €429,365Size: total assets €1.5mFigures for financial year 2025 (filed on 19-05-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 65% of them on solvency, 77% on liquidity, 56% on profitability and 71% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 52 days before 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)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-05-2026 PDF all 9 filings
Every figure per financial year
The operating result for 2025 is 4% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,885 | - | - | - | - |
| Financial fixed assets | - | €750,000 | - | - | - |
| Depreciation and write-downs of the year | €10,865 | €11,153 | €11,153 | €11,153 | €5,264 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €180,047 | €219,000 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €152,153 | €198,180 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €5,889 | €10,865 | €11,153 | €11,153 | €11,153 | €5,264 | ▼ 52.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €3,800 | - |
| Other operating charges640/8 | - | - | - | €376 | €380 | €404 | €430 | €448 | ▲ 4.0% |
| Gross operating margin9900 | €85,018 | €101,541 | €117,280 | €38,654 | €165,172 | €314,003 | €314,659 | €325,126 | ▲ 3.3% |
| Operating profit (loss)9901 | €85,018 | €97,741 | €101,017 | €27,413 | €153,639 | €302,446 | €303,075 | €315,614 | ▲ 4.1% |
| Financial income75/76B | - | - | - | - | - | €0 | €1 | €3,129 | ▲ 2,251× |
| Recurring financial income75 | €100 | - | - | - | - | €0 | €1 | €3,129 | ▲ 2,251× |
| Financial charges65/66B | - | - | - | €43 | €2,195 | €24,130 | €27,703 | €25,559 | ▼ 7.7% |
| Recurring financial charges65 | €36 | €42 | €924 | €43 | €2,195 | €24,130 | €27,703 | €25,559 | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €85,082 | €97,699 | €100,094 | €27,369 | €151,443 | €278,317 | €275,373 | €293,185 | ▲ 6.5% |
| Income taxes67/77 | €21,511 | €35,913 | €26,083 | €5,976 | €40,054 | €71,275 | €70,330 | €73,590 | ▲ 4.6% |
| Profit (loss) for the period9904 | €63,571 | €61,786 | €74,011 | €21,394 | €111,389 | €207,042 | €205,044 | €219,595 | ▲ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €63,571 | €61,786 | €74,011 | €21,394 | €111,389 | €207,042 | €205,044 | €219,595 | ▲ 7.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €0.2m | €0.4m | €0.4m | €1.1m | €1.1m | €1.3m | €1.5m | ▲ 15.1% |
| Fixed assets21/28 | €0.06m | €0.07m | €0.3m | €0.3m | €1.0m | €1.0m | €1.0m | €1.0m | ▼ 0.5% |
| Tangible fixed assets22/27 | - | - | €0.05m | €0.04m | €0.03m | €0.02m | €0.006m | €288 | ▼ 94.8% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | €288 | ▼ 56.7% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.03m | €0.02m | €0.005m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.06m | €0.07m | €0.2m | €0.2m | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Current assets29/58 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.3m | €0.5m | ▲ 61.9% |
| Stocks and contracts in progress3 | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▼ 9.8% |
| Stocks30/36 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▼ 9.8% |
| Amounts receivable within one year40/41 | - | €166 | €0.02m | €0.08m | €0.05m | - | €0.05m | €0.05m | ▲ 4.7% |
| Trade receivables40 | - | - | - | €0.06m | €0.04m | - | €0.04m | €0.04m | ▲ 1.9% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.01m | - | €0.007m | €0.008m | ▲ 21.1% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.09m | €0.01m | €0.05m | €0.09m | €0.2m | €0.4m | ▲ 93.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.03m | €0.02m | €0.02m | €0.02m | ▼ 18.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €0.2m | €0.4m | €0.4m | €1.1m | €1.1m | €1.3m | €1.5m | ▲ 15.1% |
| Equity10/15 | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | €0.6m | €0.8m | €1.0m | ▲ 26.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | €0.6m | €0.8m | €1.0m | ▲ 27.6% |
| Amounts payable17/49 | €0.03m | €0.03m | €0.1m | €0.08m | €0.7m | €0.5m | €0.5m | €0.5m | ▼ 4.6% |
| Amounts payable after more than one year17 | - | - | €0.03m | €0.02m | €0.6m | €0.4m | €0.3m | €0.3m | ▼ 13.6% |
| Financial debts170/4 | - | - | - | €0.02m | €0.4m | €0.2m | €0.2m | €0.1m | ▼ 24.1% |
| Other amounts payable178/9 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable within one year42/48 | €0.03m | €0.03m | €0.1m | €0.06m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 16.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.08m | €0.05m | €0.04m | €0.05m | ▲ 4.1% |
| Trade debts44 | €0.001m | €0.002m | €0.001m | €0.005m | €0.002m | €0.001m | €0.001m | €0.001m | ▼ 17.0% |
| Suppliers440/4 | - | - | - | €0.005m | €0.002m | €0.001m | €0.001m | €0.001m | ▼ 17.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.04m | €0.02m | €0.03m | €0.03m | ▲ 1.2% |
| Taxes450/3 | - | - | - | €0.01m | €0.04m | €0.02m | €0.03m | €0.03m | ▲ 1.2% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.04m | €0.05m | €0.07m | €0.1m | ▲ 30.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63,571 | €61,786 | €74,011 | €21,394 | €111,389 | €207,042 | €205,044 | €219,595 | ▲ 7.1% |
| + Depreciation and write-downs630 | - | - | €5,889 | €10,865 | €11,153 | €11,153 | €11,153 | €5,264 | ▼ 52.8% |
| Operating cash flow (approximation) | €63,571 | €61,786 | €79,899 | €32,259 | €122,542 | €218,195 | €216,197 | €224,859 | ▲ 4.0% |
| Investment in fixed assets (approximation) | - | -€12,482 | -€203,876 | -€1,885 | -€750,000 | €0 | €0 | €0 | - |
| Change in cash | - | €21,095 | -€30,497 | -€81,566 | €33,095 | €40,076 | €135,951 | €207,669 | ▲ 52.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-05-2026 | 2026-00113917 | |
| 31-12-2024 | micro format | 26-05-2025 | 2025-00105908 | |
| 31-12-2023 | micro format | 28-05-2024 | 2024-00097667 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00181442 | |
| 31-12-2021 | micro format | 29-06-2022 | 2022-20106459 | |
| 31-12-2020 | micro format | 10-06-2021 | 2021-19200439 | |
| 31-12-2019 | micro format | 16-06-2020 | 2020-16900388 | |
| 31-12-2018 | micro format | 24-06-2019 | 2019-22500363 | |
| 31-12-2017 | micro format | 22-06-2018 | 2018-21500379 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 30-05-2024 Converted to unavailable equity · €20,460
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata si plusieurs, tenus de solliciter agrément mêmes formalités si pas de plein droit actionnaires”
Articles of association, deed of 30-05-2024 (in French)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- CARAT DUCHATELETsubsidiaryEquity €2.3m Profit of €125,438 in 2025 (profit of €110,726 in 2024) Checked score 5259.38%
Connections & network
1 current directorThe network starts from the directors of VCAR ENGINEERING. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-05
Gazette deed
Appointment: LAMBERT Vincent Maxime Alain (director)Permanent representative: LAMBERT Vincent Maxime Alain · Power of attorney · Registered office clause10 points ▸
- Power of attorney
- Power of attorney, Anne-Catherine GOBLET
- Director appointment, LAMBERT Vincent Maxime Alain (director)
- Permanent representative, LAMBERT Vincent Maxime Alain
- Registered office clause, “adoptée à l'unanimité, 4877 Olne,Chemin des Aulnes 4B” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “unanimité, suppression” (deed in French)
- Amendment of the articles
- Capital
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- La conception,la réalisation et la gestion de projets industriels et de projets intéressant le génie électrique et électronique,le génie minier,le génie chimique,le génie mécanique,le génie industriel et l’ingénierie système.
- La conception,la fabrication,le commerce de produits de protections et sécurisation de biens de bâtiments privés,industriels et institutionnels.
- La conception,le commerce,l’installation électrique,sanitaire et chauffage pour l’industrie et particuliers.
- La conception,la fabrication et le commerce d’outillages,de machines et d’équipements industriels et d’accessoires divers.
- Les activités de commerce,d’entretien,de réparation,de pièces détachées et accessoires pour véhicule automoteurs et remorques,la conception et la fabrication de véhicules spéciaux,la conception et la fabrication de pièces détachées et d’accessoires pour véhicules automoteurs et remorques.
- Les activités de conseil en management,en gestion de la qualité,d’amélioration de la productivité,en prévention des accidents de travail et en protection de l’environnement.
- Les activités de conseil et de commerce de systèmes et équipements informatiques.
- L’acquisition et la gestion de patrimoines immobiliers ainsi que toutes les opérations se rapportant directement ou indirectement à la mise en valeur de ces patrimoines.
- Les activités de conseil et d’audit en matière énergétique et environnementale.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0672.932.550