Equity
Equity fell by 66% in 2 years.
Equity fell by 66% in 2 years.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Of this, €5.0m falls due within a year.
Green is investment, beige is depreciation.
2026 accounts not filed: deadline was 31-10-2026.
Lower net result than 92% of companies in head offices and management consultancy. Sector median €53,814 · 3,872 companies.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 11% of them on solvency, 3% on liquidity, 3% on profitability and 5% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-03-2025.
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).
In July 2024, 1,104 companies had the same profile as VICABEL has now. Each dot stands for 3 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VICABEL itself is lower: 0.3% within 12 months. It rests on far more data about VICABEL than the profile alone.
The method was tested on the 497,447 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 1,104 companies, not a prediction for VICABEL. 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.
Liquidity is insufficient, with a current ratio of 0.12 (0.14 in 2024), below 1. Short-term debt is 86.2% and cash 3% of total assets. 93% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
These companies have the same main activity as VICABEL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €5m and €7.1m, founded between 1998 and 2003.
VICABEL has existed since 2000. The gross margin fell from €626,700 in 2022 to €26,340 in 2024.
The gross margin has fallen every year since 2022. Solvency fell in 2025 from 14.2% to 7.0% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 12% of 3,873 companies in 2025.
Higher than 9% of 3,727 companies in 2025.
Higher than 9% of 3,849 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
5.9m | 5.6m | 3.1m | 3.2m | 2.6m | 2.4m | 2.3m | 1.8m | 1.8m | 1.4m | 1.4m | 1.2m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | |
21/28 |
5.3m | 5.0m | 2.2m | 2.1m | 2.0m | 2.1m | 1.7m | 1.4m | 1.6m | 1.3m | 1.2m | 935,590 | 1.0m | 961,833 | 1.0m | 1.1m | 1.2m | 1.2m | |
22/27 |
5.2m | 5.0m | 2.1m | 2.1m | 2.0m | 2.1m | 1.7m | 1.3m | 1.5m | 1.2m | 1.2m | 920,096 | 999,062 | 961,833 | 1.0m | 1.1m | 1.2m | 1.2m | |
22 |
5.0m | 4.7m | 2.0m | 2.0m | 2.0m | 2.1m | 1.7m | 1.3m | 1.5m | 1.2m | 1.2m | 911,394 | 977,093 | 924,885 | 953,808 | 1.0m | 1.1m | 1.1m | |
23 |
119,554 | 145,970 | 0 | 230 | 854 | 1,783 | 3,944 | 5,862 | 6,734 | 6,283 | 1,603 | 2,471 | 3,538 | 798 | 16,866 | 34,351 | 53,311 | 76,695 | |
24 |
114,920 | 156,602 | 189,016 | 110,638 | 3,719 | - | 2,160 | 11,163 | 20,756 | 37,916 | 4,476 | 6,231 | 18,432 | 36,150 | 53,632 | 71,509 | 19,128 | 2,129 | |
28 |
15,494 | 15,494 | 15,494 | 15,494 | 15,494 | 15,494 | 15,894 | 15,494 | 15,494 | 15,494 | 15,494 | 15,494 | 15,494 | - | - | - | - | - | |
29/58 |
589,887 | 582,724 | 909,994 | 1.1m | 583,062 | 278,177 | 567,729 | 386,194 | 287,915 | 184,066 | 197,219 | 222,785 | 129,881 | 171,897 | 157,118 | 158,008 | 150,978 | 69,525 | |
29 |
201,415 | 201,415 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
201,415 | 201,415 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
188,820 | 241,060 | 377,399 | 401,457 | 266,995 | 239,026 | 249,084 | 209,039 | 231,003 | 137,983 | 163,002 | 105,640 | 124,832 | 95,349 | 123,781 | 138,674 | 118,363 | 63,397 | |
40 |
85,274 | 72,236 | 175,256 | 256,965 | 80,978 | 78,651 | 100,133 | 75,887 | 76,473 | 75,185 | 76,620 | 25,871 | 49,595 | 74,901 | 105,021 | 40,991 | 36,436 | 39,239 | |
41 |
103,547 | 168,824 | 202,143 | 144,493 | 186,016 | 160,375 | 148,951 | 133,152 | 154,530 | 62,798 | 86,382 | 79,769 | 75,238 | 20,448 | 18,760 | 97,683 | 81,927 | 24,158 | |
54/58 |
175,093 | 116,123 | 514,156 | 642,083 | 298,902 | 22,933 | 309,458 | 170,222 | 54,895 | 38,585 | 31,603 | 114,664 | 844 | 74,712 | 33,337 | 19,334 | 14,919 | 3,769 | |
490/1 |
24,559 | 24,126 | 18,439 | 16,242 | 17,165 | 16,218 | 9,187 | 6,934 | 2,017 | 7,499 | 2,614 | 2,481 | 4,205 | 1,836 | - | - | 17,696 | 2,359 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
5.9m | 5.6m | 3.1m | 3.2m | 2.6m | 2.4m | 2.3m | 1.8m | 1.8m | 1.4m | 1.4m | 1.2m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | |
10/15 |
409,439 | 792,234 | 1.2m | 919,784 | 600,899 | 362,153 | 195,287 | 167,543 | 180,928 | 229,373 | 215,520 | 162,444 | 135,985 | 126,980 | 29,054 | 107,107 | 122,669 | 70,698 | |
10/11 |
130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | |
10 |
130,000 | 130,000 | 130,000 | 130,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | |
13 |
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 3,341 | 2,891 | 2,891 | 2,891 | 2,891 | 292 | |
130/1 |
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 3,341 | 2,891 | 2,891 | 2,891 | 2,891 | 292 | |
14 |
266,439 | 649,234 | 1.1m | 776,784 | 457,899 | 219,153 | 52,287 | 24,543 | 37,928 | 86,373 | 72,520 | 19,444 | 2,644 | -5,911 | -103,837 | -25,784 | -10,222 | -59,594 | |
16 |
- | 0 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 148,737 | 168,450 | 118,249 | 94,464 | 75,344 | |
160/5 |
- | 0 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | 148,737 | 168,450 | 118,249 | 94,464 | 75,344 | |
160 |
- | 0 | 140,589 | 140,589 | 140,589 | 140,589 | 140,589 | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | 140,589 | 140,589 | - | - | - | - | - | - | - | - | - | |
17/49 |
5.4m | 4.8m | 1.7m | 2.1m | 1.8m | 1.9m | 1.9m | 1.4m | 1.5m | 1.1m | 1.1m | 855,342 | 867,863 | 858,014 | 983,920 | 1.1m | 1.1m | 1.1m | |
17 |
400,022 | 485,149 | 568,954 | 744,387 | 847,948 | 949,930 | 937,236 | 841,070 | 927,140 | 535,194 | 545,220 | 374,039 | 404,934 | 452,218 | 502,763 | 552,302 | 600,886 | 648,566 | |
170/4 |
400,022 | 485,149 | 568,954 | 744,387 | 847,948 | 949,930 | 937,236 | 841,070 | 927,140 | 535,194 | 545,220 | 374,039 | 404,934 | 452,218 | 502,763 | 552,302 | 600,886 | 648,566 | |
42/48 |
5.0m | 4.3m | 1.2m | 1.3m | 973,954 | 882,054 | 980,265 | 581,571 | 559,687 | 510,816 | 502,588 | 466,179 | 445,921 | 390,016 | 461,895 | 498,777 | 479,136 | 491,021 | |
42 |
90,397 | 89,075 | 82,495 | 103,561 | 101,982 | 100,490 | 93,358 | 87,703 | 85,292 | 51,866 | 38,819 | 32,304 | 47,285 | 50,545 | 49,539 | 48,584 | 47,679 | 45,533 | |
43 |
- | - | - | - | - | - | - | - | - | 6,707 | - | - | - | - | 125,000 | 175,000 | 186,887 | 233,494 | |
430/8 |
- | - | - | - | - | - | - | - | - | 6,707 | - | - | - | - | 125,000 | 175,000 | 186,887 | 233,494 | |
44 |
74,826 | 103,549 | 20,430 | 34,377 | 100,044 | 39,203 | 219,818 | 18,263 | 21,184 | 35,048 | 37,287 | 30,764 | 11,426 | 50,240 | 6,223 | 22,934 | 21,569 | 33,212 | |
440/4 |
74,826 | 103,549 | 20,430 | 34,377 | 100,044 | 39,203 | 219,818 | 18,263 | 21,184 | 35,048 | 37,287 | 30,764 | 11,426 | 50,240 | 6,223 | 22,934 | 21,569 | 33,212 | |
46 |
- | - | - | - | - | - | 39,650 | - | - | - | - | - | - | - | - | - | - | - | |
45 |
306 | 1,212 | 44,636 | 37,535 | 23,165 | 16,834 | 55,679 | 16,458 | 10,550 | 14,910 | 36,158 | 34,166 | 16,292 | 10,656 | 24,217 | 15,441 | 20,834 | 7,272 | |
450/3 |
306 | 1,212 | 44,636 | 37,535 | 23,165 | 16,834 | 50,679 | 11,458 | 5,550 | 14,910 | 34,158 | 32,166 | 14,292 | 10,656 | 24,217 | 15,441 | 20,834 | 7,272 | |
454/9 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,000 | - | 2,000 | 2,000 | 2,000 | - | - | - | - | - | |
47/48 |
4.9m | 4.1m | 1.0m | 1.2m | 748,764 | 725,528 | 571,761 | 459,147 | 442,662 | 402,285 | 390,325 | 368,945 | 370,918 | 278,576 | 256,916 | 236,817 | 202,167 | 171,510 | |
492/3 |
- | - | 0 | 27,963 | 26,407 | 33,960 | 25,436 | 19,944 | 30,773 | 25,462 | 23,654 | 15,124 | 17,008 | 15,779 | 19,262 | 6,017 | 4,615 | 5,346 | |
| Income statement | |||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | 8,410 | 4,525 | - | - | - | - | - | - | - | |
9900 |
-104,054 | 26,340 | 539,580 | 626,700 | 444,410 | 441,367 | 205,506 | 270,976 | 456,053 | 136,832 | 230,883 | 180,166 | 169,825 | 168,193 | 278,749 | 190,384 | 246,855 | 112,679 | |
630 |
260,536 | 402,316 | 123,328 | 130,810 | 104,633 | 161,981 | 124,538 | 236,893 | 443,614 | 80,048 | 116,742 | 98,882 | 111,138 | 107,616 | 127,879 | 112,343 | 96,883 | 137,819 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,201 | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | -8,148 | -19,713 | 40,000 | 23,785 | 19,120 | -3,831 | |
640/8 |
12,370 | 15,977 | 9,422 | 7,550 | 6,247 | 3,346 | 7,981 | 8,606 | 9,247 | 5,042 | 4,224 | 4,292 | 3,622 | 3,802 | 7,120 | 3,718 | 4,986 | 2,492 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,653 | - | - | |
9901 |
-376,960 | -391,952 | 406,829 | 488,341 | 333,530 | 276,039 | 72,987 | 25,477 | 3,192 | 51,742 | 109,917 | 76,992 | 63,212 | 76,488 | 93,549 | 50,539 | 125,867 | -23,802 | |
75/76B |
3,459 | 7,282 | 4,973 | 3,434 | 4,267 | 5,252 | 4,758 | 4,587 | 11,738 | 5,284 | 5,668 | 5,194 | 5,205 | 1,395 | 248 | 883 | 769 | 29 | |
75 |
3,459 | 7,282 | 4,973 | 3,434 | 4,267 | 5,252 | 4,758 | 4,587 | 11,738 | 5,284 | 5,668 | 5,194 | 5,205 | 1,395 | 248 | 883 | 769 | 29 | |
65/66B |
8,988 | 11,101 | 50,753 | 43,099 | 42,980 | 52,400 | 40,617 | 43,058 | 63,490 | 40,008 | 36,772 | 34,058 | 48,848 | 51,556 | 56,996 | 62,737 | 67,017 | 31,684 | |
65 |
8,988 | 11,101 | 50,753 | 43,099 | 42,980 | 52,400 | 40,617 | 43,058 | 63,490 | 40,008 | 36,772 | 34,058 | 48,848 | 51,556 | 56,996 | 62,737 | 67,017 | 31,684 | |
9903 |
-382,489 | -395,771 | 361,049 | 448,676 | 294,817 | 228,892 | 37,128 | -12,994 | -48,560 | 25,427 | 83,338 | 48,127 | 19,569 | 26,327 | 36,801 | -12,968 | 59,620 | -55,457 | |
67/77 |
306 | 21,789 | 71,040 | 129,791 | 56,070 | 62,026 | 9,384 | 391 | -115 | 11,574 | 30,262 | 21,669 | 10,563 | -71,599 | 114,853 | 2,594 | 7,649 | 13 | |
9904 |
-382,795 | -417,559 | 290,009 | 318,885 | 238,746 | 166,866 | 27,744 | -13,385 | -48,445 | 13,853 | 53,076 | 26,459 | 9,006 | 97,925 | -78,052 | -15,562 | 51,971 | -55,469 | |
9905 |
-382,795 | -417,559 | 290,009 | 318,885 | 238,746 | 166,866 | 27,744 | -13,385 | -48,445 | 13,853 | 53,076 | 26,459 | 9,006 | 97,925 | -78,052 | -15,562 | 51,971 | -55,469 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
266,439 | 649,234 | 1.1m | 776,784 | 457,899 | 219,153 | 52,287 | 24,543 | 37,928 | 86,373 | 72,520 | 29,103 | 3,094 | -5,911 | -103,837 | -25,784 | -7,623 | -59,594 | |
14P |
649,234 | 1.1m | 776,784 | 457,899 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 9,659 | 450 | - | - | - | 2,599 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 9,659 | 450 | - | - | - | 2,599 | - | |
| Document | |||||||||||||||||||
The accounts for 5 older financial years (2001-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-10-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | full format | 31-10-2025 | 2025-00557345 | |
| 31-03-2024 | abbreviated format | 31-10-2024 | 2024-00523884 | |
| 31-03-2023 | full format | 31-10-2023 | 2023-00505546 | |
| 31-03-2022 | full format | 03-11-2022 | 2022-20517051 | |
| 31-03-2021 | full format | 30-11-2021 | 2021-78800058 | |
| 31-03-2020 | full format | 12-11-2020 | 2020-70000132 | |
| 31-03-2019 | full format | 30-10-2019 | 2019-72300438 | |
| 31-03-2018 | full format | 22-10-2018 | 2018-69800592 | |
| 31-03-2017 | full format | 31-10-2017 | 2017-68800345 | |
| 30-06-2015 | full format | 26-01-2016 | 2016-03500369 | |
| 30-06-2014 | full format | 15-01-2015 | 2015-01900045 | |
| 30-06-2013 | full format | 28-02-2014 | 2014-05600507 | |
| 30-06-2012 | full format | 14-02-2013 | 2013-03800247 | |
| 30-06-2011 | full format | 15-02-2012 | 2012-03300047 | |
| 30-06-2010 | full format | 28-02-2011 | 2011-04600422 | |
| 30-06-2009 | full format | 15-02-2010 | 2010-04200172 | |
| 30-06-2008 | full format | 30-01-2009 | 2009-03000364 | |
| 30-06-2007 | full format | 29-02-2008 | 2008-05800120 | |
| 30-06-2006 | full format | 29-01-2007 | 2007-02702329 | |
| 30-06-2005 | full format | 17-01-2006 | 2006-01603152 | |
| 30-09-2003 | abbreviated format | 31-03-2004 | 2004-09602954 | |
| 30-09-2002 | abbreviated format | 16-04-2003 | 2003-10800133 | |
| 30-09-2001 | full format | 03-04-2002 | 2002-08804906 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -116,424 | 10,364 | 530,158 | 619,150 | 438,163 | 438,021 | 197,525 | 262,370 | 446,806 | 131,791 | 226,659 | 175,874 | 174,351 | 184,104 | 221,428 | 162,882 | 222,750 | 114,018 | ||
| -122,259 | -15,244 | 413,338 | 449,694 | 343,380 | 328,847 | 152,282 | 223,507 | 395,169 | 93,901 | 169,818 | 125,341 | 120,144 | 205,541 | 49,826 | 96,780 | 148,853 | 82,350 | ||
| 518,648 | 3.3m | 274,029 | 241,489 | 20,859 | 541,807 | 471,099 | 50,213 | 737,448 | 107,065 | 411,505 | 19,916 | 163,862 | 45,143 | 27,742 | 104,175 | 26,226 | 592,683 | ||
| 58,970 | -398,032 | -127,927 | 343,181 | 275,970 | -286,525 | 139,236 | 115,327 | - | 6,982 | -83,062 | 113,821 | -73,868 | 41,375 | 14,003 | 4,415 | 11,150 | - | ||
| -4.5m | -3.7m | -241,021 | -284,693 | -390,892 | -603,878 | -412,536 | -195,377 | -271,773 | -326,750 | -305,369 | -243,394 | -316,039 | -218,119 | -304,777 | -340,769 | -328,158 | -421,495 | ||
| 7.0% | 14.2% | 39.4% | 28.9% | 23.2% | 15.3% | 8.6% | 9.6% | 9.8% | 15.9% | 15.1% | 14.0% | 11.9% | 11.2% | 2.5% | 8.4% | 9.4% | 5.5% | ||
| 0.12 | 0.14 | 0.79 | 0.79 | 0.60 | 0.32 | 0.58 | 0.66 | 0.51 | 0.36 | 0.39 | 0.48 | 0.29 | 0.44 | 0.34 | 0.32 | 0.32 | 0.14 | ||
| 13.30 | 6.05 | 1.42 | 2.30 | 3.08 | 5.15 | 9.95 | 8.61 | 8.39 | 4.67 | 4.97 | 5.27 | 6.38 | 6.76 | 33.86 | 9.87 | 8.84 | 16.19 | ||
| -93.5% | -52.7% | 24.0% | 34.7% | 39.7% | 46.1% | 14.2% | -8.0% | -26.8% | 6.0% | 24.6% | 16.3% | 6.6% | 77.1% | -268.6% | -14.5% | 42.4% | -78.5% | ||
| -6.5% | -7.5% | 9.4% | 10.0% | 9.2% | 7.0% | 1.2% | -0.8% | -2.6% | 1.0% | 3.7% | 2.3% | 0.8% | 8.6% | -6.6% | -1.2% | 4.0% | -4.3% | ||
| -12.95 | 0.93 | 10.45 | 14.37 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €705,526 |
| Mortgages, amount registered | €1.1m | €1.1m | €1.1m | €1.1m |
| Carrying value of the mortgaged assets | €1.3m | €1.4m | €1.7m | €1.7m |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €518,648 | €3.3m | €274,029 | €241,489 |
| €260,536 | €402,316 | €123,328 | €130,810 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €376,960, smaller than the loss of €391,952 in 2024.
Debt's share of the balance-sheet total rises from 85.8% to 93.0%. Equity is lower and debt is higher.
Source: list of holdings in its own 31-03-2025 accounts. Every holding stands with its own latest accounts.
| GRAMYBEL via MYLLE Carlo Valère, no longer at GRAMYBEL · Permanent representative · deed of 30-01-2020 founded in 2002 · group CLAREBOUT · accounts filed late |
63 FTE (2024) |
| B.C. MYLLE via MYLLE Carlo Valère, no longer at B.C. MYLLE · Permanent representative · deed of 17-01-2019 founded in 2009 · group CLAREBOUT · accounts filed late |
turnover €803,793 (2024) |
| C.M. via MYLLE Carlo Valère, no longer at C.M. · Permanent representative · deed of 17-01-2019 founded in 2009 · group CLAREBOUT · accounts filed late |
total assets €15.4m (2024) |
| C.M.S. via MYLLE Carlo Valère, no longer at C.M.S. · Statutory director · deed of 28-02-2020 founded in 2001 |
total assets €1.2m (2025) |
| Name | 2012 | 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LA SABLIERE | listed | 16.67% | |||||||||||
Source: list of holdings in its own accounts
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 | FASFC approval |
|---|---|---|---|
| Beerbosstraat 11 registered office 8554 Zwevegem | |||
| Trieu à Mucques 2bis 7730 Estaimpuis | 06-07-2000 | 2.096.615.309 | |
| Vinkestraat 31 8554 Zwevegem 01110 Growing of cereals (except rice), leguminous crops and oil seeds | 14-12-2023 | 2.356.274.807 | Farm - field crops Market gardening |
| 16-04-2025 | Granted | Bouwen of herbouwen; Functiewijziging; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies submitted 19-12-2024 · project 2024156539 | Zwevegem |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34034F0434/00D000 | Flanders | 1,366 m² | 1 · 135 m² | 7.2 m · 2 |
| 57075B0441/00G000 | Wallonia | 1,088 m² | 1 · 117 m² | 7.7 m · 2 |
| 34034F0446/00A000 | Flanders | 466 m² | 1 · 466 m² | 12.8 m · 2 |
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