ACTIVE

VKBEL

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Financial year 2025 · closed on 31/12/2025

Net result

31,6 k €

+72.5% YoY

Gross margin

480 k €

-2.5% YoY

Equity

113,3 k €

+38.7% YoY

Workforce

5,5 ETP

-11.3% YoY

What does VKBEL do?

VKBEL is a Private limited company incorporated in 2017. Its main activity is: Public relations and communication activities. Its registered office is in Bruxelles. It employs on average 5,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0676.815.322

Incorporation

14/06/2017

Legal form

Private limited company

Registered office

Avenue du Port 86C box 9A
1000 Bruxelles · BruxellesSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

5,5 ETP

Activities (NACE)

70210Public relations and communication activities· main 73300Advertising and market research 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	480 k €	-2.5%	492,1 k €	-8.1%	535,5 k €	+48.9%	359,6 k €	+23.4%	291,4 k €	+63.4%	178,3 k €	-7.3%	192,4 k €	+2976%	6,3 k €	+130%	-21,2 k €
EBITDA	54,8 k €	+73.7%	31,6 k €	-18.9%	38,9 k €	+385%	8 k €	-18.1%	9,8 k €	+66.0%	5,9 k €	+65.0%	3,6 k €	+105%	-71 k €	-49.4%	-47,5 k €
Operating result	54,8 k €	+73.7%	31,6 k €	-17.5%	38,2 k €	+437%	7,1 k €	-20.0%	8,9 k €	+78.0%	5 k €	+90.6%	2,6 k €	+104%	-71,2 k €	-49.8%	-47,5 k €
Net result	31,6 k €	+72.5%	18,3 k €	-45.6%	33,7 k €	+1300%	2,4 k €	-46.6%	4,5 k €	+60.1%	2,8 k €	+10093%	-28,1 €	+100.0%	-72,5 k €	-51.7%	-47,8 k €
Balance sheet
Equity	113,3 k €	+38.7%	81,7 k €	+28.9%	63,4 k €	+113%	29,7 k €	+8.8%	27,3 k €	+19.8%	22,8 k €	+14.1%	20 k €	+120%	-100,3 k €	-261%	-27,8 k €
Total assets	534,9 k €	-17.0%	644,3 k €	+12.7%	571,5 k €	+24.6%	458,6 k €	-41.4%	782,9 k €	+48.8%	526,1 k €	+41.7%	371,2 k €	+124%	165,8 k €	+1511%	10,3 k €
Cash	85,7 k €	-29.6%	121,8 k €	+26.1%	96,6 k €	+4.3%	92,6 k €	+118%	42,4 k €	-67.8%	131,9 k €	+55.2%	85 k €	+307%	20,9 k €	+198%	7 k €
Debts	380,3 k €	-24.9%	506,4 k €	+5.9%	478,4 k €	+29.4%	369,6 k €	-44.5%	666 k €	+38.8%	479,8 k €	+40.1%	342,4 k €	+38.4%	247,4 k €	+550%	38,1 k €
Other
Workforce	5,5 ETP	-11.3%	6,2 ETP	+6.9%	5,8 ETP	+11.5%	5,2 ETP	+2.0%	5,1 ETP	+30.8%	3,9 ETP	0.0%	3,9 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Armand LEBRUN

Director · since 27 avril 2021

Active

Ended mandates

Cécile LORENZINI

Director · since 27 avril 2021 · until 31 octobre 2024

Ended

Cécile LORENZINI

Director · since 27 avril 2021

Ended

Xavier LESUEUR

Director · since 14 juin 2017 · until 13 octobre 2021

Ended

Xavier LESUEUR

Director · since 14 juin 2017

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	28/08/2025	09/07/2024	28/07/2023	28/07/2022	07/07/2021
General meeting	26/06/2026	26/06/2025	26/06/2024	26/06/2023	27/06/2022	26/06/2021
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

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	26/06/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	26/06/2024	09/07/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	27/06/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	26/06/2021	07/07/2021	French	PDF
Abridged model	31/12/2019	30/09/2020	22/10/2020	French	PDF
Micro model	31/12/2018	23/08/2019	27/08/2019	French	PDF
Micro model	31/12/2017	10/07/2018	31/07/2018	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 ended

Active mandates

Armand LEBRUN

Director · since 27 avril 2021

Active

Ended mandates

Cécile LORENZINI

Director · since 27 avril 2021 · until 31 octobre 2024

Ended

Cécile LORENZINI

Director · since 27 avril 2021

Ended

Xavier LESUEUR

Director · since 14 juin 2017 · until 13 octobre 2021

Ended

Xavier LESUEUR

Director · since 14 juin 2017

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/12/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates19/03/2024
DEMISSIONS, NOMINATIONS
PDF
Registered office09/08/2023
SIEGE SOCIAL
PDF
Mandates20/10/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2021
DEMISSIONS, NOMINATIONS
PDF
Capital / shares24/01/2020
CAPITAL, ACTIONS - DIVERS
PDF
Other16/06/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 202531,6 k €↑
2024
Annual accounts 202418,3 k €↓
2023
Annual accounts 202333,7 k €↑
2022
Annual accounts 20222,4 k €↓
2021
Annual accounts 20214,5 k €↑
2020
Annual accounts 20202,8 k €↑
2019
Annual accounts 2019-28,1 €↑
2018
Annual accounts 2018-72,5 k €↓
2017
Annual accounts 2017-47,8 k €
14/06/2017
IncorporationPrivate 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

VKBEL

Overview

What does VKBEL do?

Trend over 9 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