ACTIVE

VAP CONSULTING COMPANY

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Financial year 2024 · closed on 31/12/2024

Net result

-145 k €

-122.3% YoY

Gross margin

249,1 k €

-79.7% YoY

Equity

748 k €

-16.2% YoY

What does VAP CONSULTING COMPANY do?

VAP CONSULTING COMPANY is a Public limited company incorporated in 1988. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.271.752

Incorporation

23/12/1988

Legal form

Public limited company

Registered office

Nederkouter 124
9000 Gent · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2024

Joint committees (5)

0
100
200
20018
218

Signals

Solid equityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Gross margin	249,1 k €	-79.7%	1,2 M €	+720%	149,5 k €	+96.5%	76,1 k €	-53.0%	161,8 k €	-27.2%	222,2 k €	-19.4%	275,6 k €	-0.9%	278,2 k €	+2.8%	270,6 k €	+26.1%	214,5 k €	-24.9%	285,4 k €	+1.2%	282,1 k €	-25.2%	377,3 k €	+92.8%	195,7 k €	+10.1%	177,7 k €	-40.4%	298,4 k €
EBITDA	-96,6 k €	-110%	924,2 k €	+1210%	70,5 k €	+1468%	4,5 k €	-84.5%	29 k €	-67.2%	88,4 k €	+5.5%	83,8 k €	-12.6%	95,9 k €	+3.8%	92,4 k €	+53.2%	60,3 k €	-55.0%	134,2 k €	-22.4%	172,9 k €	-31.5%	252,4 k €	+332%	58,5 k €	-64.6%	165 k €	-12.1%	187,6 k €
Operating result	-157 k €	-117%	899 k €	+23557%	-3,8 k €	+94.4%	-68,2 k €	-10.5%	-61,7 k €	-886%	7,9 k €	-50.7%	15,9 k €	-46.6%	29,8 k €	+64.7%	18,1 k €	+244%	-12,5 k €	-122%	57,2 k €	-40.8%	96,7 k €	-45.4%	177 k €	+3187%	5,4 k €	-95.7%	124,4 k €	-12.3%	141,9 k €
Net result	-145 k €	-122%	648,9 k €	+72346%	-898,2 €	+98.6%	-63,9 k €	-4.6%	-61,1 k €	-520%	-9,9 k €	-659%	-1,3 k €	-126%	5,1 k €	+274%	-2,9 k €	+90.7%	-31,2 k €	-217%	26,7 k €	-55.0%	59,3 k €	-21.2%	75,3 k €	-53.6%	162,1 k €	+2048%	7,5 k €	-87.1%	58,7 k €
Balance sheet
Equity	748 k €	-16.2%	893 k €	+266%	244,1 k €	-0.4%	245 k €	-29.2%	346,1 k €	-15.0%	407,2 k €	-2.4%	417,1 k €	-0.3%	418,4 k €	+1.2%	413,3 k €	-0.7%	416,2 k €	-7.0%	447,4 k €	+6.3%	420,7 k €	+16.4%	361,4 k €	-43.6%	641,2 k €	+33.8%	479,1 k €	+1.6%	471,5 k €
Total assets	1,7 M €	-7.4%	1,9 M €	+96.3%	961,4 k €	-1.1%	971,8 k €	-15.0%	1,1 M €	-3.4%	1,2 M €	-0.2%	1,2 M €	+0.6%	1,2 M €	+0.6%	1,2 M €	-1.6%	1,2 M €	-2.1%	1,2 M €	-0.6%	1,2 M €	-0.7%	1,2 M €	-18.0%	1,5 M €	+14.8%	1,3 M €	-7.0%	1,4 M €
Cash	188,3 k €	-84.2%	1,2 M €	+303%	294,9 k €	+40.8%	209,4 k €	-20.8%	264,4 k €	-15.7%	313,5 k €	-9.5%	346,6 k €	+14.7%	302 k €	+44.2%	209,5 k €	+9.1%	192 k €	+24.5%	154,1 k €	+61.2%	95,6 k €	+280%	25,2 k €	-85.6%	174,5 k €	+96.8%	88,7 k €	-39.4%	146,4 k €
Debts	735,3 k €	-0.3%	737,3 k €	+3.1%	715,1 k €	-0.5%	718,9 k €	-9.0%	790,2 k €	+5.6%	748,4 k €	+2.6%	729,5 k €	+0.0%	729,4 k €	-0.2%	730,6 k €	-1.0%	738,1 k €	+0.1%	737,5 k €	-5.8%	782,6 k €	-6.3%	835,5 k €	+10.9%	753,1 k €	-2.7%	774,3 k €	-1.7%	787,7 k €
Other
Workforce	–		–		–		1,0 ETP	-52.4%	2,1 ETP	-30.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+7.1%	2,8 ETP	+40.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 22 ended

Active mandates

BLEKERSHOF

Director · since 30 mars 2022 · until 15 juin 2027 · 0862.938.724

Represented by Van HERZEELE FANNY

Active

YOROKONDE WASHI

Director · since 30 mars 2022 · until 15 juin 2027 · 0783.391.992

Represented by De CUYPER DIMITRI

Active

Ended mandates

Dimitri De Cuyper

Managing director · since 28 février 2017 · until 10 mars 2020

Ended

Frederik Caluwaert

Director · since 12 septembre 2014 · until 10 mars 2020

Ended

Frederik Caluwaerts

Director · since 12 septembre 2014 · until 17 mars 2020

Ended

Guido Van Cauwenberghe

Director · since 12 septembre 2014 · until 10 mars 2020

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Micro model	Micro model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2025	22/08/2024	25/08/2023	16/06/2022	25/08/2021	27/08/2020
General meeting	15/07/2025	21/08/2024	24/08/2023	13/06/2022	09/03/2021	30/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	15/07/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	21/08/2024	22/08/2024	Dutch	PDF
Micro model	31/12/2022	24/08/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	09/03/2021	25/08/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	12/03/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	14/03/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	08/03/2016	07/06/2016	Dutch	PDF
Abridged model	31/12/2014	10/03/2015	21/05/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	12/03/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	03/04/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	29/03/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/03/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	31/03/2009	11/08/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	13/03/2007	13/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 22 ended

Active mandates

BLEKERSHOF

Director · since 30 mars 2022 · until 15 juin 2027 · 0862.938.724

Represented by Van HERZEELE FANNY

Active

YOROKONDE WASHI

Director · since 30 mars 2022 · until 15 juin 2027 · 0783.391.992

Represented by De CUYPER DIMITRI

Active

Ended mandates

Dimitri De Cuyper

Managing director · since 28 février 2017 · until 10 mars 2020

Ended

Frederik Caluwaert

Director · since 12 septembre 2014 · until 10 mars 2020

Ended

Frederik Caluwaerts

Director · since 12 septembre 2014 · until 17 mars 2020

Ended

Guido Van Cauwenberghe

Director · since 12 septembre 2014 · until 10 mars 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/04/2022
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring23/01/2009
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/12/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/06/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-145 k €↓
2023
Annual accounts 2023648,9 k €↑
2022
Annual accounts 2022-898,2 €↑
2021
Annual accounts 2021-63,9 k €↓
2018
Annual accounts 2018-61,1 k €↓
2017
Annual accounts 2017-9,9 k €↓
2016
Annual accounts 2016-1,3 k €↓
2015
Annual accounts 20155,1 k €↑
2014
Annual accounts 2014-2,9 k €↑
2013
Annual accounts 2013-31,2 k €↓
2012
Annual accounts 201226,7 k €↓
2011
Annual accounts 201159,3 k €↓
2010
Annual accounts 201075,3 k €↓
2008
Annual accounts 2008162,1 k €↑
2007
Annual accounts 20077,5 k €↓
2006
Annual accounts 200658,7 k €
23/12/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VAP CONSULTING COMPANY

Overview

What does VAP CONSULTING COMPANY do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline