VGP ADVISORY SERVICES
ActiveVGP ADVISORY SERVICES has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €102k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+2
Solvency83▼-9
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.39 in 2024; short-term debt: 40% and cash: 67.9% of total assets), and 42.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
57.8%
Return on assets
41.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-02-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
19 d late
2024
11 d late
2023
5 d late
2022
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€141k▼ 30.7%
2024 · €203k
2022: €39k
2023: €132k
2024: €203k
2022 → 2025
Total assets
€244k▼ 20.1%
2024 · €305k
2022: €137k
2023: €268k
2024: €305k
2022 → 2025
Net result
€102k▲ 43.0%
2024 · €71k
2022: €36k
2023: €93k
2024: €71k
2022 → 2025
Working capital
€83k▼ 37.6%
2024 · €133k
2022: €-26k
2023: €62k
2024: €133k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€39k-€132k▲ 240%€203k▲ 54.2%€141k▼ 30.7%
Operating result€50k-€121k▲ 142%€94k▼ 22.5%€136k▲ 44.9%
Net result€36k-€93k▲ 157%€71k▼ 23.2%€102k▲ 43.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€63k▼ 16.7%
Current assets
€181k▼ 21.2%
Equity and liabilities €244k
Equity
€141k▼ 30.7%
Debt
€103k▲ 1.3%
The debt ratio rises from 33.3% to 42.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€162k▲
2024 · €115k
Cash flow
€128k▲
2024 · €93k
Solvency
57.8%▼
2024 · 66.7%
Current ratio
1.85▼
2024 · 2.39
Quick ratio
1.85▼
2024 · 2.39
Debt / equity
0.73▲
2024 · 0.50
ROE
72.5%▲
2024 · 35.2%
ROA
41.9%▲
2024 · 23.5%
Interest coverage
25.98▼
2024 · 26.03
Debt
€103k▲
2024 · €101k
Debt ≤ 1 year
€97k▲
2024 · €96k
Income taxes
€28k▲
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€305k€244k▼
Fixed assets21/28€76k€63k▼
Tangible fixed assets22/27€76k€63k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€50k€38k▼
Other tangible fixed assets26€20k€21k▲
Current assets29/58€229k€181k▼
Current investments50/53€15k€15k=
Cash at bank and in hand54/58€214k€165k▼
Equity and liabilities
Total equity and liabilities10/49€305k€244k▼
Equity10/15€203k€141k▼
Contributions10/11€3k€3k=
Reserves13€201k€138k▼
Distributable reserves133€201k€138k▼
Amounts payable17/49€101k€103k▲
Amounts payable within one year42/48€96k€97k▲
Financial debts43€39k€39k=
Other loans439€39k€39k=
Trade debts44€1k€547▼
Suppliers440/4€1k€547▼
Taxes, remuneration and social security45€25k€24k▼
Taxes450/3€23k€21k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€30k€35k▲
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Other operating charges640/8€516€672▲
Gross operating margin9900€116k€163k▲
Operating profit (loss)9901€94k€136k▲
Financial income75/76B€881€896▲
Recurring financial income75€881€896▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€90k€131k▲
Income taxes67/77€19k€28k▲
Profit (loss) for the period9904€71k€102k▲
Profit (loss) for the period to be appropriated9905€71k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€102k▲
Transfer from equity791/2-€165k
Transfer to equity691/2€71k€102k▲
To other reserves6921€71k€102k▲
Profit to be distributed694/7-€165k
Return on contributions (dividend)694-€165k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
30-06
Financial
Highest result since 2022net €102k ▲43%
Operating result €136k, net result €102k, both a record.
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
30-06
Financial
Equity above €200kEq €203k ▲54.2%
3 profitable years in a row build equity to €203k.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-06
Financial
Equity above €100kEq €132k ▲240%
2 profitable years in a row build equity to €132k.
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herzele · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kruisveldstraat 289550 HerzeleGround area
1,797 m²
Building footprint
159 m²
Volume, LiDAR
877 m³
Parcel 41027B0342/00D000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VGP ADVISORY SERVICES
since 20222.328.264.472
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027B0342/00D000 | Flanders | 1,797 m² | 1 · 159 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2021
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62900Other information technology and computer services
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82300Organisation of conventions and trade shows
82990Other business support services
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.