ACTIVE

VICARIOUS

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Financial year 2025 · closed on 31/12/2025
Net result
85,7 k €
-75.6% YoY
Gross margin
130,3 k €
-72.8% YoY
Equity
205,1 k €
+71.8% YoY

What does VICARIOUS do?

VICARIOUS is a Private limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Laarne.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0673.700.533
Incorporation
30/03/2017
Legal form
Private limited company
Registered office
Scheestraat 45 box B
9270 Laarne · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin130,3 k €478,2 k €598,2 k €225,2 k €176,1 k €101,8 k €86,5 k €117,8 k €
EBITDA129,5 k €478,0 k €597,1 k €224,4 k €175,2 k €100,9 k €85,5 k €116,5 k €
Operating result117,0 k €465,5 k €590,5 k €224,4 k €175,2 k €100,9 k €84,3 k €113,4 k €
Net result85,7 k €351,6 k €443,1 k €171,5 k €134,7 k €80,1 k €67,1 k €77,5 k €
Balance sheet
Equity205,1 k €119,3 k €120,7 k €327,5 k €378,0 k €243,3 k €150,8 k €83,7 k €
Total assets591,9 k €496,7 k €183,0 k €339,5 k €409,2 k €280,8 k €168,0 k €104,8 k €
Cash107,7 k €22,5 k €96,7 k €309,0 k €384,6 k €211,9 k €111,1 k €50,7 k €
Debts377,5 k €376,4 k €57,8 k €10,5 k €29,6 k €36,0 k €17,2 k €19,0 k €
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 31/12/2025 · 1 active · 3 ended

Active mandates

Christophe Couckuyt

Director · since 26 juin 2023

Active

Ended mandates

Christophe COUCKUYT

Director · since 30 mars 2017

Ended
Christophe Couckuyt

Director

Ended
Christophe Couckuyt

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date16/03/202629/07/202525/06/202423/12/202223/12/202125/01/2021
General meeting13/03/202625/07/202506/06/202402/12/202203/12/202130/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/03/202616/03/2026DutchPDF
Micro model31/12/202425/07/202529/07/2025DutchPDF
Micro model31/12/202306/06/202425/06/2024DutchPDF
Micro model30/06/202202/12/202223/12/2022DutchPDF
Micro model30/06/202103/12/202123/12/2021DutchPDF
Micro model30/06/202030/12/202025/01/2021DutchPDF
Micro model30/06/201906/12/201911/12/2019DutchPDF
Micro model30/06/201814/12/201808/01/2019DutchPDF
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 31/12/2025 · 1 active · 3 ended

Active mandates

Christophe Couckuyt

Director · since 26 juin 2023

Active

Ended mandates

Christophe COUCKUYT

Director · since 30 mars 2017

Ended
Christophe Couckuyt

Director

Ended
Christophe Couckuyt

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office27/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/04/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202585,7 k €↓
  2. 2024
    Annual accounts 2024351,6 k €↓
  3. 2023
    Annual accounts 2023443,1 k €↑
  4. 2022
    Annual accounts 2022171,5 k €↑
  5. 2021
    Annual accounts 2021134,7 k €↑
  6. 2020
    Annual accounts 202080,1 k €↑
  7. 2019
    Annual accounts 201967,1 k €↓
  8. 2018
    Annual accounts 201877,5 k €
  9. 30/03/2017
    IncorporationPrivate limited company