Subsidiaries and holdings
- Blue Holdco25.4%
Vendis Capital IV
ActiveSummary
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).
Overview
Official details
Source: KBO- Status
- Active since 29-03-2024 Normal situation
- Registered office
- 37 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.358.832.538 1831 Machelen (Brab.), since 29-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Board and ownership
Board
- V4 GP BVDirector
- Auditor
- EY Bedrijfsrevisoren
Shareholders
- Vendis Capital Investment Pool IV A82.54%· score 832025 annual accounts of Vendis Capital Investment Pool IV A
- Vendis Capital Investment Pool IV B14.46%· score 852025 annual accounts of Vendis Capital Investment Pool IV B
- V4 COV2%· score 682025 annual accounts of V4 COV
- Holdings
- Shares in 8 companies including NOK Management and Aesthetic Doctors
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- -€17.7m
- Loss
- €17.4m
- Equity
- €195.6m
- Total assets
- €195.9m
Turnover not published (abbreviated format)
Score breakdownraises riskLiquidity: current ratio 8.85, cash €2.0mLoss of €17.4m (financial year 2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €195.9mShow the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of large companies in head offices and management consultancy (NACE 70)
Financial strength
Average
Solvency
100
equity 99.9% of total assets
Liquidity
51
short-term debt 0.1% · cash 1.0%
Profitability
15
return on assets -8.9%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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
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.
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 check for an amount and term of your choice
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.
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)
Key points
- Caution: Lower net result than 95% of companies in head offices and management consultancysector median €37,556 · 10,831 companies -€17.4m View
Recent changes
- · Gazette deed Permanent representatives: Ömer Turna, Leen Defoer and Cedric Olbrechts
- · Gazette deed Capital increase of €263,919,999263,919,999 new shares · Authorised capital up to €525,000,000 for 2 years · Appointments: V4 GP BV (sole director) and EY Bedrijfsrevisoren (statutory auditor)
- · Gazette deed IncorporationFounding capital of €1, 1 share · Founder: V4 CIV · Appointment: V4 GP (director)
Companies linked to Vendis Capital IV
Comparable companies
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.
| Company | Total assets | Gross margin |
|---|---|---|
| Vendis Capital IV Machelen (Brab.) | €195.9m | -€17.7m |
| FG Investment Brussels | €352.9m | -€2.3m |
| WindGrid Brussels | €118.6m | -€5.3m |
| Zingy Capital Liège | €87.7m | -€0.3m |
| CHENICLEM Wanze | €82.7m | -€0.05m |
| MARLIS Uccle | €183.9m | -€2.8m |
| PARENTHESE Tournai | €75.3m | -€0.07m |
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.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.