VYSA
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
VYSA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164,821 and a net result of €41,101. Its solvency ranks better than 86% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 07-09-2023 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 2 others
- Establishment unit
- 2.349.149.067 1000 Brussel, since 07-09-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €61,531
- ▼ 61.4%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €41,101
- ▼ 66.2%
- Equity
- €164,821
- ▲ 33.2%
- Total assets
- €188,801
- ▲ 11.6%
Score breakdownlowers riskLiquidity: current ratio 7.39, cash €154,832Sector: Activities of head offices; management consultancy activities (NACE 70)Equity €164,821 (87.3% of total assets)Size: total assets €188,801Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 86% of them on solvency, 93% on liquidity, 65% on profitability and 74% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 2 accounts on average 37 days before 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-03-2026 PDF all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 66% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as VYSA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €170,000 and €189,000, founded in 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| VYSA Brussel | 2023 | €188,801 | €164,821 | €61,531 | €41,101 | 2025 |
| ABG Engineering Elsene | 2023 | €183,848 | €137,273 | €61,510 | €46,080 | 2025 |
| Leleux Management Consulting Sint-Jans-Molenbeek | 2023 | €188,781 | €134,002 | €66,986 | €51,499 | 2025 |
| EcoMind Consulting Elsene | 2023 | €170,476 | €1,026 | €67,169 | €49,475 | 2025 |
| Discourze Anderlecht | 2023 | €179,611 | €150,529 | €70,081 | €55,743 | 2025 |
| CoBrA-IP Oudergem | 2023 | €187,953 | €152,866 | €72,008 | €56,004 | 2025 |
| Kapedani Consulting Elsene | 2023 | €174,386 | €148,027 | €71,076 | €57,741 | 2025 |
They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as VYSA has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of VYSA itself is lower: < 0.1% within 12 months. It rests on far more data about VYSA than the profile alone.
Test of the method
The method was tested on the 497,445 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 39,278 companies, not a prediction for VYSA. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,667 | €6,714 | ▲ 303% |
| Other operating charges640/8 | €384 | €931 | ▲ 142% |
| Gross operating margin9900 | €159,588 | €61,531 | ▼ 61.4% |
| Operating profit (loss)9901 | €157,536 | €53,886 | ▼ 65.8% |
| Financial income75/76B | €26 | €0 | ▼ 100.0% |
| Recurring financial income75 | €26 | €0 | ▼ 100.0% |
| Financial charges65/66B | €709 | €702 | ▼ 0.9% |
| Recurring financial charges65 | €709 | €702 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €156,854 | €53,183 | ▼ 66.1% |
| Income taxes67/77 | €35,133 | €12,082 | ▼ 65.6% |
| Profit (loss) for the period9904 | €121,720 | €41,101 | ▼ 66.2% |
| Profit (loss) for the period to be appropriated9905 | €121,720 | €41,101 | ▼ 66.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €169,155 | €188,801 | ▲ 11.6% |
| Fixed assets21/28 | €18,333 | €14,101 | ▼ 23.1% |
| Tangible fixed assets22/27 | €18,333 | €14,101 | ▼ 23.1% |
| Furniture and vehicles24 | €18,333 | €14,101 | ▼ 23.1% |
| Current assets29/58 | €150,822 | €174,700 | ▲ 15.8% |
| Amounts receivable within one year40/41 | €32,406 | €17,321 | ▼ 46.6% |
| Trade receivables40 | €31,974 | €16,926 | ▼ 47.1% |
| Other amounts receivable41 | €432 | €395 | ▼ 8.6% |
| Cash at bank and in hand54/58 | €117,920 | €154,832 | ▲ 31.3% |
| Deferred charges and accrued income490/1 | €495 | €2,547 | ▲ 414% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €169,155 | €188,801 | ▲ 11.6% |
| Equity10/15 | €123,720 | €164,821 | ▲ 33.2% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €121,720 | €162,821 | ▲ 33.8% |
| Amounts payable17/49 | €45,435 | €23,979 | ▼ 47.2% |
| Amounts payable within one year42/48 | €45,435 | €23,626 | ▼ 48.0% |
| Trade debts44 | €907 | €1,505 | ▲ 66.0% |
| Suppliers440/4 | €907 | €1,505 | ▲ 66.0% |
| Taxes, remuneration and social security45 | €38,178 | €15,196 | ▼ 60.2% |
| Taxes450/3 | €38,178 | €15,196 | ▼ 60.2% |
| Other amounts payable47/48 | €6,350 | €6,924 | ▲ 9.1% |
| Accrued charges and deferred income492/3 | - | €354 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €121,720 | €41,101 | ▼ 66.2% |
| + Depreciation and write-downs630 | €1,667 | €6,714 | ▲ 303% |
| Operating cash flow (approximation) | €123,387 | €47,815 | ▼ 61.2% |
| Investment in fixed assets (approximation) | - | -€2,482 | - |
| Change in cash | - | €36,913 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- VANGRUDENBERG Ysabel 100 shares (100%) · €2,000 in cash
Capital transactions
- 11-09-2023 Incorporation · €2,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1”“Avec ou sans limitation de durée, sans indication de durée mandat censé sans limitation de durée”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Prix mentionné dans notification initiale ou prix fixé par expert en cas de contestation, pour moitié à charge du cédant et pour moitié à…”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Faculté assemblée générale désigner liquidateurs et déterminer pouvoirs et émoluments, si aucun autre liquidateur désigné”
Articles of association, deed of 11-09-2023 (in French)
Network & group
VYSA shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of VYSA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-09
Gazette deed
IncorporationAppointment: VANGRUDENBERG Ysabel (director) · Founder · Founding capital13 points ▸
- Incorporation, “VYSA” (deed in French)
- Founder, VANGRUDENBERG Ysabel
- Founding capital, €2,000
- Bank account, EUR, “compte spécial ouvert au nom de la société en formation” (deed in French)
- Other provision, 10-08-2023
- Other provision, “responsabilité des fondateurs, faillite de la société dans les trois ans de sa constitution” (deed in French)
- Other provision, “arrêt des statuts, arrêter les statuts de la société” (deed in French)
- Capital
- Other provision, “unanimité du comparant, effectivité décisions finales” (deed in French)
- Registered office clause, “1000 Bruxelles, rue des Tanneurs”, 80 (deed in French)
- Director appointment, VANGRUDENBERG Ysabel (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant et toutes activités entreprises par comparant au nom et pour compte société en formation” (deed in French)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
VYSA was incorporated on 7 September 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 VANGRUDENBERG Ysabel is director of the company, appointed in the act of 11-09-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202527 activities
- La consultance et la prestation de tous services,y compris la restauration,la recherche,l’identification,la certification,l’authentification,la valorisation,l'expertise,l’entreposage et le gardiennage dans les domaines suivants : l’art,l’antiquité,le graphisme,la décoration,l’aménagement d’espaces intérieurs et extérieurs,la peinture,le dessin,la gravure,la photographie,l’audiovisuel et le multimédia en général,le tout au sens large
- Les activités de publication,d’édition et de commercialisation de livres,articles,études et de tout autre média,tant imprimés que sur tout autre support,notamment électronique
- L’importation et l’exportation,l’achat et la vente,la représentation,la fabrication,le courtage,la location et la sous-location,la commercialisation et le négoce en général,en gros ou en détail et sous toutes ses formes,de toute espèce de marchandise et de tous types de support en rapport avec l’objet social,en ce compris notamment d'œuvres d'art,d'antiquités,de biens mobiliers en général ainsi que d’espaces ou de galeries en vue d’accueillir toute sorte d’évènements
- L'acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences
- La gestion et la création de toute galerie d'exposition ou galerie d'art
- L'import,l'export,l'achat,la vente,la gestion,le courtage,l’exposition de toutes œuvres d'art sous toutes ses formes,la reproduction de ces œuvres en vue de leur exposition,notamment sur réseaux numériques ainsi que toutes activités s'y rapportant
- L'organisation et la promotion d'exposition,la promotion d'artistes
- La vente,la publication de tous catalogues,affiches,l'exploitation de tous moyens de communication
- L'édition et la commercialisation en ce compris l'achat et la vente,la représentation,la vente sur commission,la publicité et le conseil publicitaire de livres d'art,lithographies,gravures
- L'organisation de concours,de conférences,de réunions,de visites et tous lieux culturels
- L'expertise et le conseil dans le domaine artistique,l'étude et l'organisation de manifestations artistiques
- La conception,la réalisation,le promotion,la vente,la consultance de tous types de travaux artistiques,commerciaux ou publicitaires ainsi que leurs représentations
- L'acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences et autres droits similaires
- L'achat,le vente,la location et la rénovation de tous biens immobiliers et le rôle de syndic d’immeuble
- L’approche intégrée de l’élimination des déchets,tant dans le but de les récupérer que de les traiter
- L’élimination,le recyclage et le traitement des déchets de façon responsable sur le plan écologique et économique
- La commercialisation des produits finaux,dérivés,matières dérivées et/ou substances libérées durant le processus de traitement
- La réalisation de toutes les études relatives à l’élimination,au transport,au recyclage,à la récupération,au traitement et à l’incinération de déchets
- La fourniture de tous les conseils et/ou d’une assistance sur le plan de la prévention et/ou de la maîtrise et/ou de la limitation des déchets au sens le plus étendu du terme
- La consultation et/ou l’assistance lors de la construction et/ou l’exploitation de toutes les installations de manière générale et d’installations de compactage des déchets en particulier
- L’intervention en tant qu’entrepreneur général de construction,d’assainissement et autres travaux,en ce compris l’exécution totale ou partielle de travaux de finition ou la coordination de travaux réalisés par des sous-traitants
- La commercialisation du savoir-faire acquis
- La commercialisation de toutes les activités liées à ce qui précède
- Le transport en son nom propre ou pour le compte de tiers
- Tant l’emploi que l’insertion socio-professionnelle,l’intégration sociale et l’intégration dans le processus d’emploi de personnes peu qualifiées,de demandeurs d’emploi très difficilement employables et de groupes fragilisés dans la perspective d’un emploi durable
- L’organisation de formations,de cours,l’organisation de l’encadrement complet nécessaire pour l’emploi durable
- Tout mandat d’administrateur,liquidateur ou gérant de société
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21809K1233/00P000 | Brussels | 332 m² | 1 · 273 m² | 19.4 m · 5 |