VG Consult
ActiveSummary
VG Consult has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €1.7m. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 12860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+10
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410,000 at 30 days acceptable
Liquidity short (current ratio 0.56 against 1.63 in 2024; short-term debt: 8.6% and cash: 0.7% of total assets), and 30.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.9%
Return on assets
22.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 09-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
15 d early
2023
5 d early
2022
11 d early
2021
37 d early
2020
22 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. Usually files around 15 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today30-12-2026 close30-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#2 company by total assets in Vosselaar, Professional and technical services sector#2 company by equity in Vosselaar, Professional and technical services sector
Equity
€5.3m▲ 46.5%
2024 · €3.6m
Total assets
€7.6m▲ 62.2%
2024 · €4.7m
Net result
€1.7m▲ 763%
2024 · €198,870
Working capital
-€287,321
2024 · €221,689
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€257,117▲ 122%€251,632▼ 2.1%€330,270▲ 31.3%€177,474▼ 46.3%€119,714▼ 32.5%
Net result€152,871above the sector's middle half€562,396above the sector's middle half▲ 268%€388,467above the sector's middle half▼ 30.9%€198,870above the sector's middle half▼ 48.8%€1.7mabove the sector's middle half▲ 763%
Equity€2.5mabove the sector's middle half▲ 5.1%€3.1mabove the sector's middle half▲ 20.8%€3.5mabove the sector's middle half▲ 12.6%€3.6mabove the sector's middle half▲ 5.0%€5.3mabove the sector's middle half▲ 46.5%
Total assets€3.9mabove the sector's middle half▲ 1.0%€4.2mabove the sector's middle half▲ 9.7%€4.5mabove the sector's middle half▲ 7.5%€4.7mabove the sector's middle half▲ 3.3%€7.6mabove the sector's middle half▲ 62.2%
Debt€1.3m▼ 5.9%€1.1m▼ 9.2%€1.1m▼ 6.0%€1.1m▼ 2.2%€2.3m▲ 117%
Working capital€1.8mabove the sector's middle half▲ 6.5%€139,306within the sector's middle half▼ 92.3%€490,472above the sector's middle half▲ 252%€221,689above the sector's middle half▼ 54.8%-€287,321below the sector's middle half
Solvency66.1%within the sector's middle half▲ 2.5pp72.8%within the sector's middle half▲ 6.7pp76.2%within the sector's middle half▲ 3.4pp77.5%within the sector's middle half▲ 1.3pp69.9%within the sector's middle half▼ 7.5pp
Current ratio2.62within the sector's middle half▲ 0.171.36within the sector's middle half▼ 1.262.41within the sector's middle half▲ 1.051.63within the sector's middle half▼ 0.780.56below the sector's middle half▼ 1.07
Return on assets (ROA)4.0%within the sector's middle half▲ 4.2pp13.3%within the sector's middle half▲ 9.3pp8.5%within the sector's middle half▼ 4.8pp4.2%below the sector's middle half▼ 4.3pp22.5%within the sector's middle half▲ 18.3pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.6m
Fixed assets
€7.2m ▲ 75.8%
Current assets
€370,717 ▼ 35.4%
Equity and liabilities €7.6m
Equity
€5.3m ▲ 46.5%
Debt
€2.3m ▲ 117%
Debt's share of the balance-sheet total rises from 22.5% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€127,727
Cash flow
€1.7m
Debt to equity
0.43▲
2024 · 0.29
ROE
32.2%▲
2024 · 5.5%
Interest coverage
1.32
Debt ≤ 1 year
€658,038▲
2024 · €352,150
Debt > 1 year
€1.6m▲
2024 · €704,590
Income taxes
€136,980▲
2024 · €59,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,028 | €40,000 | €27,149 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,473 | - | - | - | €8,013 | - |
| Other operating charges640/8 | - | €5,055 | €11,919 | €10,302 | €20,089 | ▲ 95.0% |
| Gross operating margin9900 | €281,032 | €256,687 | €342,189 | €187,776 | €147,816 | ▼ 21.3% |
| Operating profit (loss)9901 | €257,117 | €251,632 | €330,270 | €177,474 | €119,714 | ▼ 32.5% |
| Financial income75/76B | - | €465,188 | €240,312 | €127,621 | €1.8m | ▲ 1,334% |
| Recurring financial income75 | €6,818 | €465,188 | €240,312 | €127,621 | €659,281 | ▲ 417% |
| Non-recurring financial income76B | - | - | - | - | €1.2m | - |
| Financial charges65/66B | - | €54,632 | €61,366 | €46,943 | €97,077 | ▲ 107% |
| Recurring financial charges65 | €53,157 | €54,632 | €61,366 | €46,943 | €97,077 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €210,778 | €662,188 | €509,216 | €258,152 | €1.9m | ▲ 618% |
| Transfer from deferred taxes780 | - | €39,556 | - | - | - | - |
| Income taxes67/77 | €62,224 | €139,348 | €120,749 | €59,282 | €136,980 | ▲ 131% |
| Profit (loss) for the period9904 | €152,871 | €562,396 | €388,467 | €198,870 | €1.7m | ▲ 763% |
| Transfer from tax-exempt reserves789 | - | €76,785 | €28,228 | €34,922 | - | - |
| Profit (loss) for the period to be appropriated9905 | €98,101 | €639,181 | €416,695 | €233,792 | €1.7m | ▲ 634% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €4.2m | €4.5m | €4.7m | €7.6m | ▲ 62.2% |
| Fixed assets21/28 | €929,972 | €3.7m | €3.7m | €4.1m | €7.2m | ▲ 75.8% |
| Tangible fixed assets22/27 | €929,972 | €920,000 | €650,000 | €650,000 | €794,746 | ▲ 22.3% |
| Land and buildings22 | - | €920,000 | €650,000 | €650,000 | €650,000 | = |
| Plant, machinery and equipment23 | - | - | - | - | €7,266 | - |
| Leasing and similar rights25 | - | - | - | - | €137,480 | - |
| Financial fixed assets28 | - | €2.8m | €3.1m | €3.5m | €6.5m | ▲ 85.9% |
| Current assets29/58 | €2.9m | €523,325 | €838,653 | €573,839 | €370,717 | ▼ 35.4% |
| Amounts receivable within one year40/41 | €1,611 | €34,346 | €24,507 | €52,786 | €16,981 | ▼ 67.8% |
| Trade receivables40 | - | €29,865 | €21,507 | €52,786 | €16,963 | ▼ 67.9% |
| Other amounts receivable41 | - | €4,481 | €3,000 | - | €18 | - |
| Current investments50/53 | €2.8m | €447,212 | €741,961 | €509,682 | €295,932 | ▼ 41.9% |
| Cash at bank and in hand54/58 | €141,309 | €41,767 | €69,336 | €11,371 | €54,129 | ▲ 376% |
| Deferred charges and accrued income490/1 | - | - | €2,849 | - | €3,675 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €4.2m | €4.5m | €4.7m | €7.6m | ▲ 62.2% |
| Equity10/15 | €2.5m | €3.1m | €3.5m | €3.6m | €5.3m | ▲ 46.5% |
| Contributions10/11 | - | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €519,630 | €1.1m | €1.4m | €1.6m | €3.3m | ▲ 105% |
| Non-distributable reserves130/1 | - | €19,065 | - | - | €1.2m | - |
| Reserves not available under the articles1311 | - | €19,065 | - | - | - | - |
| Other1319 | - | - | - | - | €1.2m | - |
| Tax-exempt reserves132 | - | €63,150 | €34,922 | - | - | - |
| Distributable reserves133 | - | €969,630 | €1.4m | €1.6m | €2.1m | ▲ 32.2% |
| Profit (loss) carried forward14 | €1,084 | €1,265 | €1,460 | €1,752 | €2,034 | ▲ 16.1% |
| Provisions and deferred taxes16 | €39,556 | - | - | - | - | - |
| Amounts payable17/49 | €1.3m | €1.1m | €1.1m | €1.1m | €2.3m | ▲ 117% |
| Amounts payable after more than one year17 | €151,489 | €765,701 | €731,799 | €704,590 | €1.6m | ▲ 131% |
| Financial debts170/4 | - | €127,701 | €97,549 | €73,090 | €157,409 | ▲ 115% |
| Other amounts payable178/9 | - | €638,000 | €634,250 | €631,500 | €1.5m | ▲ 133% |
| Amounts payable within one year42/48 | €1.1m | €384,019 | €348,181 | €352,150 | €658,038 | ▲ 86.9% |
| Current portion of amounts payable after more than one year42 | - | €23,788 | €24,159 | - | €50,391 | - |
| Financial debts43 | - | €3,000 | €3,000 | €27,459 | €30,000 | ▲ 9.3% |
| Credit institutions430/8 | - | - | - | €24,459 | - | - |
| Other loans439 | - | €3,000 | €3,000 | €3,000 | €30,000 | ▲ 900% |
| Trade debts44 | €330 | €1,046 | €31 | €338 | €796 | ▲ 136% |
| Suppliers440/4 | - | €1,046 | €31 | €338 | €796 | ▲ 136% |
| Taxes, remuneration and social security45 | - | €58,362 | €66,490 | €47,078 | €53,340 | ▲ 13.3% |
| Taxes450/3 | - | €55,219 | €66,490 | €47,078 | €53,340 | ▲ 13.3% |
| Remuneration and social security454/9 | - | €3,143 | - | - | - | - |
| Other amounts payable47/48 | - | €297,823 | €254,501 | €277,275 | €523,511 | ▲ 88.8% |
| Accrued charges and deferred income492/3 | - | - | €315 | €315 | €3,440 | ▲ 992% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €152,871 | €562,396 | €388,467 | €198,870 | €1.7m | ▲ 763% |
| + Depreciation and write-downs630 | €18,473 | - | - | - | €8,013 | - |
| Operating cash flow (approximation) | €171,344 | €562,396 | €388,467 | €198,870 | €1.7m | ▲ 767% |
| Investment in fixed assets (approximation) | - | -€2.8m | -€3,714 | -€415,444 | -€3.1m | ▼ 654% |
| Change in cash | - | -€99,542 | €27,569 | -€57,965 | €42,758 | ▲ 174% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-12
Financial
Highest result since 2018net €1.7m ▲763%
Net result €1.7m, the highest in the series.
30-12
Financial
Equity above €5mEq €5.3m ▲46.5%
5 profitable years in a row build equity to €5.3m.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €152,871
Net result €152,871 after one loss-making year.
08-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet -€7,690
Net result drops to -€7,690, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vosselaar · 2 establishment units since 1999
Ground area
2,089 m²
Building footprint
668 m²
Volume, LiDAR
7,252 m³
2 parcels, Flanders · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Fazantenlaan 13, 2350 Vosselaar
since 19992.090.570.427
Antoine Coppenslaan 5, 2300 Turnhout
since 20252.378.285.392
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046B0212/00R000 | Flanders | 1,742 m² | 1 · 329 m² | 6.1 m · 1 fl. |
| 13454P0051/00F003 | Flanders | 347 m² | 1 · 339 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 5,191 EUR awarded · 5,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,456 EUR | 3,456 EUR |
| 2024 | 1 | 438 EUR | 438 EUR |
| 2023 | 1 | 567 EUR | 627 EUR |
| 2022 | 1 | 730 EUR | 730 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600LDN7WHO8K25Q27
Similar companies · same sector, comparable size
Fidiaz
BE 0831.832.408
Kortenberg · Eq €5.4m
ACCOUNTANTSKANTOOR ARNOLD DEMEULENAERE
BE 0452.716.123
Izegem · Eq €5.6m
Holding Consultance
BE 0448.754.959
Seneffe · Eq €5.7m
SOPA - INVEST
BE 0428.885.993
Sint-Pieters-Woluwe · Eq €5.0m
FMG HOLDING
BE 0891.950.236
Watermaal-Bosvoorde · Eq €4.9m
Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 1,277 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-03-1999
Fiscal year end30-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465542293
Also
9925:BE0465542293
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.