At the same address
272 companies
VS ADVISORY
Lifetime
1 annual account with figurespeak -€8,863 (2025)
-€8,863
lowest -€12,058 (2025)
-€12,058
peak €27,942 (2025)
€27,942
€11,073
Board4 names since 2025
4 directorsKIBIETA MUNDELE Valérie and 3 others
Documentsfilings and deeds
02-07-202629 days before the deadline
2025financial year
Loss of €12,058Incorporation 27-101 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsBoard
2 left
Directors left. Latest change 18-08-2026 · 2 in office.
Position in the sector
71.6%
Higher solvency than 81% of companies in computer programming and consultancy. Sector median 39.3% · 1,691 companies.
Checked score
94
Excellent
Financially stronger than 48% of micro companies in computer programming and consultancy (NACE 62)
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 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthStrong
Score breakdown
raises risk
Loss of €12,058 (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 3.32, cash €17,305
Size: total assets €39,015
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 62, micro). It does better than 65% of them on solvency, 74% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 08-11-2026 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).
Comparable companies, two years later
In July 2024, 584 companies had the same profile as VS ADVISORY has now. Each dot stands for 2 companies, two years later.
92.6%
were still trading
6.0%
stopped another way
1.4%
went bankrupt
The bankruptcy probability of VS ADVISORY itself is lower: 0.1% within 12 months. It rests on far more data about VS ADVISORY than the profile alone.
Test of the method
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 584 companies, not a prediction for VS ADVISORY. 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.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.32, above the usual 1.5. Short-term debt is 28.4% and cash 44.4% of total assets. 28.4% of the assets are financed with debt and provisions.
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 2025, a year 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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
29 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VS CONSULTING COMPANY 550 sharesdeed of 27-10-2025
- PENEV Ivaylo Mihaylov 400 sharesdeed of 27-10-2025
- MARROCCO Michaël Salvatore 50 sharesdeed of 27-10-2025
Recent changes
Company renamed from VS INNOVATE to VS ADVISORY
“new purpose” (deed in French) · General meeting of 20-08-2026 · Gazette deed
Resignation: MARROCCO Michaël (director)
Director discharge: MARROCCO Michaël · General meeting of 14-08-2026 · Gazette deed
2 directors appointed, 1 resignation
Resignation: PENEV Ivaylo Mihaylov · Appointments: KIBIETA MUNDELE Valérie and WU Siyuan · Director discharge: PENEV Ivaylo Mihaylov · General meeting of 01-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1029560671
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VS ADVISORY Brussels | €39,015 | -€8,863 | 71.6% | - |
| SARJA Consult Forest | €54,352 | -€2,689 | 11.7% | - |
| Tourlog Brussels | €27,765 | -€1,618 | 30.7% | - |
| Vectus IT Consulting Herzele | €32,790 | €847 | 15.1% | - |
| SHOCK WOLVES Kortrijk | €35,184 | -€24,734 | -55.6% | - |
| KS projeKts Wingene | €39,456 | -€695 | -9.0% | - |
| EMILIE HUART Soignies | €28,695 | -€2,406 | 6.0% | - |
These companies have the same main activity as VS ADVISORY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €27,800 and €54,400, founded in 2025.
Official details
Source: KBO- Status
- Active since 23-10-2025Normal situation
- Registered office
- 273 active companies are registered at this address19 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 5 others
- Establishment unit
- 2.382.856.1711050 Brussels, since 23-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 12-06-2026
Annual accounts 2025
- €39,015
- ≈ 0.1 FTEestimated
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on VS ADVISORY
VS ADVISORY has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,942 and a net result of -€12,058.
Its solvency ranks better than 82% of 1,691 sector peers (NACE 62, 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 VS ADVISORY
- What is the company number of VS ADVISORY?
- The company number of VS ADVISORY is 1029.560.671. The VAT number is the same number with BE in front: BE 1029.560.671.
- Where is VS ADVISORY based?
- The registered office is at Louizalaan 480, 1050 Brussels.Company details
- What does VS ADVISORY do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of VS ADVISORY?
- VS ADVISORY is a private limited company (BV).
- When was VS ADVISORY founded?
- VS ADVISORY was founded on 23-10-2025.
- Is VS ADVISORY still active?
- Yes, VS ADVISORY is an active enterprise in the KBO register.
- What is the turnover of VS ADVISORY?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is VS ADVISORY profitable?
- In financial year 2025, VS ADVISORY made a loss of €12,058.
- Where can I find the annual accounts of VS ADVISORY?
- VS ADVISORY 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.