Equity
VENCAP has made a profit without a break since 2020.
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VENCAP has made a profit without a break since 2020.
Five of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
More equity than 86% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
In July 2024, 17,811 companies had the same profile as VENCAP has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,448 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 17,811 companies, not a prediction for VENCAP. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| VENCAP Wemmel | €788,359 | €111,284 | 55.7% | - |
| GEVAGO Halle | €777,819 | €103,190 | 84.9% | 1 |
| MODUS EVENTI Zemst | €847,591 | €103,514 | 71.4% | - |
| Wauters Intellectual Property Boortmeerbeek | €771,876 | €100,525 | 37.4% | - |
| ANDREW JANSSENS Beersel | €699,819 | €114,688 | 46.1% | - |
| MANAGEMENT VALERIE COLLIN Landen | €840,361 | €105,239 | 48.7% | 0 |
| MOENS & VANDENBERGEN Asse | €861,975 | €114,705 | 43.3% | - |
These companies have the same main activity as VENCAP: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €700,000 and €862,000, founded between 2006 and 2008.
VENCAP files the micro format. That format states no turnover. The gross margin rose from €660 in 2008 to €111,284 in 2025.
The balance sheet grew most from 2013 to 2015 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €190,000. Estimated: probably between €160,000 and €220,000.
Higher than 50% of 39,376 companies in 2025.
Higher than 7% of 38,058 companies in 2025.
Higher than 35% of 38,530 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
788,359 | 808,637 | 782,143 | 820,338 | 849,447 | 837,995 | 863,204 | 888,066 | 923,333 | 971,695 | 982,227 | 944,965 | 844,804 | 88,609 | 72,993 | 104,275 | 13,480 | 13,736 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 156 | |
21/28 |
716,865 | 730,699 | 757,000 | 783,434 | 797,478 | 822,150 | 847,679 | 873,921 | 898,115 | 923,674 | 949,233 | 896,085 | 759,034 | 72,915 | 54,625 | 53,010 | - | 156 | |
22/27 |
716,865 | 730,699 | 757,000 | 783,434 | 797,478 | 822,150 | 847,679 | 873,921 | 898,115 | 923,674 | 949,233 | 896,085 | 687,850 | 1,731 | 1,615 | - | - | - | |
22 |
712,740 | 730,699 | 757,000 | 783,301 | 797,056 | 821,437 | 846,997 | 872,556 | 898,115 | 923,674 | 949,233 | 895,929 | 607,996 | - | - | - | - | - | |
24 |
4,125 | - | 0 | 132 | 422 | 712 | 683 | 1,365 | - | - | - | 156 | 696 | 1,731 | 1,615 | - | - | - | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | 79,159 | - | - | - | - | - | |
28 |
- | - | - | - | - | - | - | - | - | - | - | - | 71,184 | 71,184 | 53,010 | 53,010 | - | - | |
29/58 |
71,494 | 77,938 | 25,143 | 36,904 | 51,969 | 15,846 | 15,525 | 14,145 | 25,218 | 48,021 | 32,994 | 48,880 | 85,770 | 15,694 | 18,368 | 51,265 | 13,480 | 13,580 | |
40/41 |
17,173 | 874 | 49 | 11,743 | 1,219 | 325 | - | - | - | - | 400 | 12,100 | 38,115 | 964 | 883 | 48,400 | - | 10,000 | |
40 |
12,100 | 0 | 49 | 7,500 | 0 | 325 | - | - | - | - | 400 | 12,100 | 38,115 | - | - | 48,400 | - | 10,000 | |
41 |
5,073 | 874 | 0 | 4,243 | 1,219 | - | - | - | - | - | - | - | - | 964 | 883 | - | - | - | |
54/58 |
48,417 | 71,215 | 20,706 | 17,285 | 43,848 | 7,731 | 7,388 | 6,013 | 19,887 | 42,737 | 28,150 | 35,668 | 45,482 | 13,506 | 17,484 | 2,865 | 13,480 | 3,580 | |
490/1 |
5,904 | 5,849 | 4,389 | 7,876 | 6,901 | 7,790 | 8,137 | 8,132 | 5,331 | 5,284 | 4,444 | 1,113 | 2,173 | 1,223 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
788,359 | 808,637 | 782,143 | 820,338 | 849,447 | 837,995 | 863,204 | 888,066 | 923,333 | 971,695 | 982,227 | 944,965 | 844,804 | 88,609 | 72,993 | 104,275 | 13,480 | 13,736 | |
10/15 |
438,740 | 387,655 | 306,490 | 5,537 | 835 | -72,007 | -99,828 | -94,431 | -75,737 | -57,989 | -83,912 | -64,566 | 7,320 | 57,898 | 40,817 | 28,304 | -5,918 | 3,212 | |
10/11 |
260,000 | 260,000 | 260,000 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,400 | 12,400 | |
13 |
178,740 | 127,655 | 46,490 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130/1 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
1311 |
- | - | 0 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
178,740 | 127,655 | 46,490 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
- | - | 0 | -14,923 | -19,625 | -92,467 | -120,288 | -114,891 | -96,197 | -78,449 | -104,372 | -85,026 | -13,140 | 37,438 | 20,357 | 7,844 | -12,118 | -2,988 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | 12,063 | 12,063 | 12,063 | 10,039 | 8,122 | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | 12,063 | 12,063 | 12,063 | 10,039 | 8,122 | - | |
17/49 |
349,619 | 420,983 | 475,653 | 814,801 | 848,613 | 910,003 | 963,033 | 982,497 | 999,070 | 1.0m | 1.1m | 1.0m | 825,422 | 18,648 | 20,113 | 65,933 | 11,276 | 10,524 | |
17 |
88,129 | 134,072 | 178,572 | 228,598 | 280,463 | 330,703 | 379,370 | 426,512 | 472,178 | 516,413 | 559,262 | 600,770 | 609,877 | - | - | - | - | - | |
170/4 |
88,129 | 134,072 | 178,572 | 228,598 | 280,463 | 330,703 | 379,370 | 426,512 | 472,178 | 516,413 | 559,262 | 600,770 | 609,877 | - | - | - | - | - | |
42/48 |
261,326 | 286,767 | 296,948 | 586,084 | 568,150 | 579,300 | 554,238 | 528,616 | 500,136 | 513,271 | 483,582 | 408,761 | 215,545 | 18,648 | 18,474 | 65,933 | 11,276 | 10,524 | |
42 |
45,942 | 44,500 | 50,026 | 51,865 | 50,240 | 48,667 | 47,142 | 45,666 | 44,235 | 42,850 | 41,507 | 40,207 | 33,897 | - | - | - | - | - | |
44 |
4,332 | 4,774 | 895 | 2,730 | 1,190 | 6,018 | 1,141 | 7,449 | 10,738 | 3,897 | 1,663 | 6,300 | 38,704 | 6,322 | 2,518 | 955 | 91 | 193 | |
440/4 |
4,332 | 4,774 | 895 | 2,730 | 1,190 | 6,018 | 1,141 | 7,449 | 10,738 | 3,897 | 1,663 | 6,300 | 38,704 | 6,322 | 2,518 | 955 | 91 | 193 | |
45 |
5,778 | 9,228 | 8,172 | 5,174 | 2,358 | 3,928 | 6,328 | 774 | 7,567 | 12,255 | 10,404 | 12,608 | 13,388 | 12,326 | 10,155 | 20,577 | 5,162 | 3,331 | |
450/3 |
5,778 | 9,228 | 8,172 | 5,174 | 2,358 | 3,928 | 6,328 | 774 | 7,567 | 12,255 | 10,404 | 8,416 | 13,388 | 12,326 | 10,155 | 20,577 | 5,162 | 3,331 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 4,193 | - | - | - | - | - | - | |
47/48 |
205,274 | 228,265 | 237,855 | 526,316 | 514,361 | 520,687 | 499,627 | 474,726 | 437,596 | 454,270 | 430,008 | 349,646 | 129,556 | - | 5,801 | 44,400 | 6,022 | 7,000 | |
492/3 |
163 | 143 | 133 | 119 | - | 0 | 29,425 | 27,370 | 26,756 | - | 23,295 | - | - | - | 1,638 | - | - | - | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | - | 0 | 3,193 | - | - | - | - | 17,398 | - | - | - | - | - | - | - | |
9900 |
111,284 | 153,162 | 125,201 | 49,037 | 134,686 | 82,600 | 76,882 | 69,802 | 64,021 | 107,444 | 48,949 | 22,791 | -5,233 | 29,897 | 29,262 | 36,651 | 1,344 | 660 | |
630 |
27,098 | 26,301 | 26,434 | 26,344 | 25,943 | 26,400 | 26,242 | 26,242 | 25,559 | 25,559 | 34,498 | 40,068 | 28,149 | 1,035 | 651 | - | 156 | 430 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | -12,063 | - | - | 2,025 | 1,917 | 8,122 | - | |
640/8 |
3,694 | 3,589 | 4,029 | 3,506 | 3,393 | 3,817 | 3,701 | 4,152 | 3,632 | 9,505 | 6,154 | 6,943 | 9,169 | 3,882 | 2,390 | 531 | 533 | 1,765 | |
9901 |
80,491 | 123,271 | 94,738 | 19,187 | 105,350 | 52,383 | 46,939 | 39,408 | 34,830 | 72,380 | 8,297 | -12,157 | -42,552 | 24,980 | 24,197 | 34,204 | -7,466 | -1,534 | |
75/76B |
299 | 211 | 33 | - | - | 0 | 0 | 1 | 14 | 11 | 20 | 214 | 83 | 508 | 171 | 11 | 25 | 6 | |
75 |
299 | 211 | 33 | - | - | 0 | 0 | 1 | 14 | 11 | 20 | 214 | 83 | 508 | 171 | 11 | 25 | 6 | |
65/66B |
9,053 | 10,515 | 12,136 | 12,509 | 14,068 | 15,383 | 44,527 | 44,084 | 45,030 | 46,394 | 45,090 | 59,906 | 7,133 | 1,582 | 2,498 | 1,332 | 1,687 | 1,459 | |
65 |
9,053 | 10,515 | 12,136 | 12,509 | 14,068 | 15,383 | 44,527 | 44,084 | 45,030 | 46,394 | 45,090 | 59,906 | 7,133 | 1,582 | 2,498 | 1,332 | 1,687 | 1,459 | |
9903 |
71,737 | 112,967 | 82,635 | 6,678 | 91,282 | 37,001 | 2,412 | -4,675 | -10,186 | 25,997 | -19,375 | -71,849 | -49,602 | 23,906 | 21,870 | 32,882 | -9,129 | -2,987 | |
67/77 |
20,651 | 31,803 | 23,082 | 1,976 | 18,440 | 9,180 | 7,809 | 14,019 | 7,562 | 74 | -29 | 37 | 976 | 6,825 | 9,357 | 11,061 | 1 | 1 | |
9904 |
51,086 | 81,164 | 59,554 | 4,702 | 72,842 | 27,821 | -5,397 | -18,694 | -17,749 | 25,923 | -19,345 | -71,886 | -50,578 | 17,081 | 12,513 | 21,822 | -9,130 | -2,988 | |
9905 |
51,086 | 81,164 | 59,554 | 4,702 | 72,842 | 27,821 | -5,397 | -18,694 | -17,749 | 25,923 | -19,345 | -71,886 | -50,578 | 17,081 | 12,513 | 21,822 | -9,130 | -2,988 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
51,086 | 81,164 | 44,630 | -14,923 | -19,625 | -92,467 | -120,288 | -114,891 | -96,197 | -78,449 | -104,372 | -85,026 | -13,140 | 37,438 | 20,357 | 9,704 | -12,118 | -2,988 | |
14P |
- | 0 | -14,923 | -19,625 | -92,467 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
51,086 | 81,164 | 44,630 | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | - | |
6921 |
51,086 | 81,164 | 44,630 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The notes to these accounts have 11 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 03-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00247514 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00167883 | |
| 31-12-2023 | micro format | 31-08-2024 | 2024-00455874 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00309067 | |
| 31-12-2021 | micro format | 31-07-2022 | 2022-20267965 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44500510 | |
| 31-12-2019 | micro format | 08-10-2020 | 2020-60700554 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-59300498 | |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50300522 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-52300486 | |
| 31-12-2015 | abbreviated format | 22-08-2016 | 2016-45100190 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-47000477 | |
| 31-12-2013 | abbreviated format | 12-06-2014 | 2014-17500182 | |
| 31-12-2012 | abbreviated format | 10-06-2013 | 2013-16500013 | |
| 31-12-2011 | abbreviated format | 26-06-2012 | 2012-21600566 | |
| 31-12-2010 | abbreviated format | 16-05-2011 | 2011-11300554 | |
| 31-12-2009 | abbreviated format | 30-03-2010 | 2010-08200477 | |
| 31-12-2008 | abbreviated format | 30-03-2009 | 2009-09600358 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107,589 | 149,572 | 121,172 | 45,532 | 131,293 | 78,783 | 73,181 | 65,650 | 60,389 | 97,939 | 42,795 | 27,911 | -14,403 | 26,014 | 24,848 | - | -7,311 | -1,104 | ||
| 78,184 | 107,466 | 85,987 | 31,047 | 98,785 | 54,221 | 20,845 | 7,548 | 7,810 | 51,482 | 15,153 | -31,818 | -22,429 | 18,115 | 13,164 | - | -8,974 | -2,558 | ||
| 13,264 | 0 | 0 | 12,300 | 1,272 | 870 | 0 | 2,048 | 0 | 0 | 70,248 | 879,246 | 714,269 | 19,324 | 2,266 | 53,010 | 0 | - | ||
| -22,798 | 50,509 | 3,421 | -26,563 | 36,118 | 343 | 1,375 | -13,874 | -22,850 | 14,587 | -7,518 | -9,815 | 31,976 | -3,978 | 14,619 | -10,615 | 9,900 | - | ||
| -189,832 | -208,829 | -271,805 | -549,179 | -516,181 | -563,454 | -538,713 | -514,471 | -474,919 | -465,250 | -450,587 | -359,881 | -129,774 | -2,954 | -107 | -14,667 | 2,204 | 3,056 | ||
| 55.7% | 47.9% | 39.2% | 0.7% | 0.1% | -8.6% | -11.6% | -10.6% | -8.2% | -6.0% | -8.5% | -6.8% | 0.9% | 65.3% | 55.9% | 27.1% | -43.9% | 23.4% | ||
| 0.27 | 0.27 | 0.08 | 0.06 | 0.09 | 0.03 | 0.03 | 0.03 | 0.05 | 0.09 | 0.07 | 0.12 | 0.40 | 0.84 | 0.99 | 0.78 | 1.20 | 1.29 | ||
| 0.80 | 1.09 | 1.55 | - | - | - | - | - | - | - | - | - | - | 0.32 | 0.49 | 2.33 | - | 3.28 | ||
| 11.6% | 20.9% | 19.4% | 84.9% | - | - | - | - | - | - | - | - | -691.0% | 29.5% | 30.7% | 77.1% | - | -93.0% | ||
| 6.5% | 10.0% | 7.6% | 0.6% | 8.6% | 3.3% | -0.6% | -2.1% | -1.9% | 2.7% | -2.0% | -7.6% | -6.0% | 19.3% | 17.1% | 20.9% | -67.7% | -21.8% | ||
| 11.88 | 14.23 | 9.98 | 3.64 | 9.33 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €680,000 | €680,000 | - | - | - |
| Carrying value of the mortgaged assets | €712,740 | €730,699 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €13,264 | €0 | - | €12,300 | €1,272 |
| €27,098 | €26,301 | €26,434 | €26,344 | €25,943 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 35% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total falls from 52.1% to 44.3%. Equity is higher and debt is lower.
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Source: list of holdings in its own 2013 accounts. Every holding stands with its own latest accounts.
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| LaGill
registered office since 28-01-2024 · founded in 2024 |
total assets €96,409 (2025) 1004.942.764 |
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The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
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Deadline for the 2026 accounts: 31-07-2027
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Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Leeuwerikenlaan 15 registered office 1780 Wemmel 7020001 Business and other management consultancy | 10-04-2008 | 2.170.442.997 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22005A0322/00E002 | 940 m² | 1 · 163 m² | 7.9 m · 2 |
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