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VP Consulting

Active
Private limited companyfounded 200818 yrs activePijpenveldstraat(LUB) 9, 3210 Lubbeek, BelgiumKBO/BCE: BE 0899.893.348

VP Consulting has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €24k. Equity is shrinking by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 9519 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
91 / 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency91▼-8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 3.35 in 2023), but 54.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
45.9%
Return on assets
15.2%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-04-2025, 120 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
120 d early
2023
30 d early
2022
28 d early
2021
33 d early
2020
9 d early
2019
32 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€71k▼ 23.1%
2023 · €93k
2018: €139k 2019: €149k 2020: €156k 2021: €93k 2022: €95k 2023: €93k
2018 → 2024
Total assets
€155k▲ 2.9%
2023 · €151k
2018: €447k 2019: €429k 2020: €282k 2021: €118k 2022: €107k 2023: €151k
2018 → 2024
Net result
€24k▲ 15.4%
2023 · €21k
2018: €45k 2019: €9k 2020: €7k 2021: €1k 2022: €10k 2023: €21k
2018 → 2024
Working capital
€72k▼ 16.9%
2023 · €86k
2018: €39k 2019: €30k 2020: €89k 2021: €93k 2022: €95k 2023: €86k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€156k-€93k▼ 40.4%€95k▲ 2.7%€93k▼ 2.5%€71k▼ 23.1%
Operating result€14k-€4k▼ 72.3%€15k▲ 283%€27k▲ 85.8%€37k▲ 37.7%
Net result€7k-€1k▼ 82.1%€10k▲ 705%€21k▲ 112%€24k▲ 15.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2020: €14k€14kNet result 2020: €7k€7kOperating result 2021: €4k€4kNet result 2021: €1k€1kOperating result 2022: €15k€15kNet result 2022: €10k€10kOperating result 2023: €27k€27kNet result 2023: €21k€21kOperating result 2024: €37k€37kNet result 2024: €24k€24k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 38% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155k
Fixed assets €21k▼ 24.3%
Current assets €134k▲ 9.2%
Equity and liabilities €155k
Equity €71k▼ 23.1%
Debt €84k▲ 44.3%
The debt ratio rises from 38.6% to 54.1%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€44k
2023 · €33k
Cash flow
€31k
2023 · €27k
Solvency
45.9%
2023 · 61.4%
Current ratio
2.15
2023 · 3.35
Quick ratio
2.15
2023 · 3.35
Debt / equity
1.18
2023 · 0.63
ROE
33.2%
2023 · 22.1%
ROA
15.2%
2023 · 13.6%
Interest coverage
29.45
2023 · 18.29
Debt
€84k
2023 · €58k
Debt ≤ 1 year
€62k
2023 · €37k
Debt > 1 year
€22k=
2023 · €22k
Income taxes
€13k
2023 · €12k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€151k€155k
Fixed assets21/28€28k€21k
Tangible fixed assets22/27€28k€21k
Leasing and similar rights25€28k€21k
Other tangible fixed assets26€0€0=
Current assets29/58€123k€134k
Amounts receivable within one year40/41€31k€44k
Trade receivables40€31k€44k
Current investments50/53€72k€75k
Cash at bank and in hand54/58€18k€9k
Deferred charges and accrued income490/1€2k€6k
Equity and liabilities
Total equity and liabilities10/49€151k€155k
Equity10/15€93k€71k
Contributions10/11€0€0=
Reserves13€92k€71k
Distributable reserves133€92k€71k
Profit (loss) carried forward14€344€413
Amounts payable17/49€58k€84k
Amounts payable after more than one year17€22k€22k=
Financial debts170/4€22k€22k=
Amounts payable within one year42/48€37k€62k
Current portion of amounts payable after more than one year42€7k-
Trade debts44€11k€17k
Suppliers440/4€11k€17k
Taxes, remuneration and social security45€12k€10k
Taxes450/3€12k€10k
Other amounts payable47/48€8k€35k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k-
Other operating charges640/8€2k€3k
Gross operating margin9900€41k€47k
Operating profit (loss)9901€27k€37k
Financial income75/76B€7k€896
Recurring financial income75€7k€896
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€1k
Non-recurring financial charges66B-€86
Profit (loss) for the period before taxes9903€32k€36k
Income taxes67/77€12k€13k
Profit (loss) for the period9904€21k€24k
Profit (loss) for the period to be appropriated9905€21k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€21k€24k
Profit (loss) brought forward from the previous period14P€338€344
Transfer from equity791/2€23k€45k
Transfer to equity691/2€21k€24k
To other reserves6921€21k€24k
Profit to be distributed694/7€23k€45k
Return on contributions (dividend)694€23k€45k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €1k ▼82.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Liquidity triplescurrent ratio 7.12
Current ratio from 2.19 to 7.12; short-term debt falls from €26k to €15k.
31-12
Financial Equity above €150kEq €156k ▲4.5%
3 profitable years in a row build equity to €156k.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are 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, Lubbeek · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Pijpenveldstraat(LUB) 93210 Lubbeek
Ground area
1,158 m²
Building footprint
115 m²
Volume, LiDAR
684 m³
Parcel 24066D0108/00W000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VP Consulting
Pijpenveldstraat(LUB) 9, 3210 LubbeekOffice administrative, office support and other business support activities
since 20082.172.630.645
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24066D0108/00W000 Flanders 1,158 m² 1 · 115 m² 8.1 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.

Similar companies · same sector, comparable size

Of 150 companies in sector 82910 we hold annual accounts for 78. 56 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-08-2008
Fiscal year end31-12
Activities, NACEBEL
82910Office administrative, office support and other business support activities
69202Legal and accounting activities
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.