Starting capital
€1 1 share
Vendis Capital IV
Lifetime
1 annual account with figuresGross marginpeak -€17.7m (2025)
-€17.7m
Resultlowest -€17.4m (2025)
-€17.4m
Equitypeak €195.6m (2025)
€195.6m
Debts
€257,970
Board2 names since 2024
1 directorV4 GP BV
Owners3 names in the annual accounts
82.54%Vendis Capital Investment Pool IV A and 2 others
Documentsfilings and deeds
27-05-202665 days before the deadline
2025abbreviated format
Loss of €17.4mPowers of attorney: Lotte Stinkens and Julie Van Cauwenberghe 04-09First year with figures
Key points
from the 2025 annual accountsAt the same address
36 companies
Position in the sector
-€17.4m
Lower net result than 95% of companies in head offices and management consultancy. Sector median €37,556 · 10,831 companies.
Turnover not published (abbreviated format)
Checked score
93
Excellent
Financially stronger than 51% of large companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 204 companies (NACE 70, large).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2025: 0.4%
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.5%▲ +0.1 percentage points vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.6%▲ +0.1 percentage points vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026highest value
05-2026: 0.6%● unchanged vs 04-2026highest value
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.1%▼ -0.5 percentage points vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 8.85, cash €2.0m
Loss of €17.4m (financial year 2025)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €195.9m
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, large). It does better than 75% of them on solvency, 73% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Credit verdict
Credit of up to €18,150,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 8.85, above the usual 1.5. Short-term debt is 0.1% and cash 1% of total assets. 0.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
65 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
EB
EY Bedrijfsrevisoren
Auditor, Leen Defoer
- Vendis Capital Investment Pool IV A 82.54%score 83equity €175.9m (2025) · 2025 annual accounts of Vendis Capital Investment Pool IV A
- Vendis Capital Investment Pool IV B 14.46%score 85equity €30.7m (2025) · 2025 annual accounts of Vendis Capital Investment Pool IV B
- V4 COV 2%score 68equity €4.2m (2025) · 2025 annual accounts of V4 COV
Shares in 8 companies, including NOK Management and Aesthetic Doctors
Board & ownershipRecent changes
Permanent representatives: Ömer Turna, Leen Defoer and Cedric Olbrechts
Board meeting of 13-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1007783874
Capital increase of €263,919,999
263,919,999 new shares · Authorised capital up to €525,000,000 for 2 years · Appointments: V4 GP BV (sole director) and EY Bedrijfsrevisoren (statutory auditor) · General meeting of 24-05-2024 · Gazette deed
Incorporation
Founding capital of €1, 1 share · Founder: V4 CIV · Appointment: V4 GP (director) · published on 03-04-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Vendis Capital IV Machelen (Brab.) | €195.9m | -€17.7m | 99.9% | - |
| FG Investment Brussels | €352.9m | -€2.3m | 27.7% | 2.6 |
| WindGrid Brussels | €118.6m | -€5.3m | 32.0% | 4.1 |
| Zingy Capital Liège | €87.7m | -€0.3m | 99.9% | - |
| CHENICLEM Wanze | €82.7m | -€0.05m | 71.5% | 6.5 |
| MARLIS Uccle | €183.9m | -€2.8m | 95.0% | 1 |
| PARENTHESE Tournai | €75.3m | -€0.07m | 98.7% | - |
These companies have the same main activity as Vendis Capital IV: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €75m and €353m, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 29-03-2024Normal situation
- Registered office
- 37 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.358.832.5381831 Machelen (Brab.), since 29-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- Total assets
- €195.9m
- Filing
- Filed on 27-05-2026, 65 days before the end of the filing period
Companies linked to Vendis Capital IV
Subsidiaries and holdings
- Blue Holdco25.4%
Insights on Vendis Capital IV
Vendis Capital IV has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195.6m and a net result of -€17.4m.
Its solvency ranks better than 95% of 10,831 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Vendis Capital IV
- What is the company number of Vendis Capital IV?
- The company number of Vendis Capital IV is 1007.783.874. The VAT number is the same number with BE in front: BE 1007.783.874.
- Where is Vendis Capital IV based?
- The registered office is at Jan Mommaertslaan 22, 1831 Machelen (Brab.).Company details
- What does Vendis Capital IV do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Vendis Capital IV?
- Vendis Capital IV is a private limited company (BV).
- When was Vendis Capital IV founded?
- Vendis Capital IV was founded on 29-03-2024.
- Is Vendis Capital IV still active?
- Yes, Vendis Capital IV is an active enterprise in the KBO register.
- What is the turnover of Vendis Capital IV?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Vendis Capital IV profitable?
- In financial year 2025, Vendis Capital IV made a loss of €17.4m.
- Where can I find the annual accounts of Vendis Capital IV?
- Vendis Capital IV filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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