VSF MANAGEMENT
The computed 12-month bankruptcy probability of VSF MANAGEMENT is 0.4% (very low). The 2025 annual accounts show equity of €980k and a net result of €647k. Its solvency ranks better than 18% of 293 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €980k |
| Net result | €647k |
| Better than sector | 18% |
| Active | 3 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.6% | 42.2% | |
| Net result | €647k | €57k | |
| Equity | €980k | €199k | |
| Gross operating margin | €1.19M | €83k | |
| Employees (FTE) | 0.0 | 1.6 |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €1.19M |
| Net profit | €647k |
| Cash flow | €652k |
| Staff costs | - |
| Income taxes | €191k |
| Dividends | - |
| Total assets | €11.34M |
| Equity | €980k |
| Debt | €10.36M |
| of which ≤ 1y | €1.82M |
| of which > 1y | €8.51M |
| Working capital | €-1.21M |
| Employees (FTE) | 0.0 |
| 2025 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -10.7% |
| Solvency | 8.6% |
| Debt / equity | 10.57 |
| Long-term debt ratio | 8.68 |
| Interest coverage | 2.77 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.7% |
| ROE | 66.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11.34M |
| Fixed assets | 21/28 | €10.74M |
| Intangible fixed assets | 21 | €150k |
| Tangible fixed assets | 22/27 | €916 |
| Financial fixed assets | 28 | €10.59M |
| Current assets | 29/58 | €603k |
| Amounts receivable within one year | 40/41 | €466k |
| Cash & bank | 54/58 | €130k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.34M |
| Equity | 10/15 | €980k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €970k |
| Amounts payable | 17/49 | €10.36M |
| Amounts payable after one year | 17 | €8.51M |
| Amounts payable within one year | 42/48 | €1.82M |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Gross operating margin | 9900 | €1.19M |
| Operating result | 9901 | €1.19M |
| Financial income | 75 | €80k |
| Financial charges | 65 | €430k |
| Result before taxes | 9903 | €838k |
| Income taxes | 67/77 | €191k |
| Net result for the period | 9904 | €647k |
| Result to be appropriated | 9905 | €647k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 24-05-2023 |
| Status | Active |
| Postal code | 4550 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61043B0005/00H000 | Wallonia | 1,896 m² | 1 · 655 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-12-2023 2 directors appointed
- François VAN SULL, Bestuurder
- Olivier D'AOUT, Dagelijks bestuur
Technical details
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"via_org": {
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"pub_date": "2023-12-13",
"filing_date": null,
"act_kind_objet": "NOMINATIN"
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"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-01",
"unanimous": true
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],
"is_correction": false,
"subject_company": {
"kbo": "0802.053.507",
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"co_filed_documents": [
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"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | VSF MANAGEMENT |