ACTIVE

VRG CONSULTING

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Financial year 2025 · closed on 31/12/2025

Net result

134,3 k €

+4.5% YoY

Gross margin

193,4 k €

-5.3% YoY

Equity

377,6 k €

-50.9% YoY

What does VRG CONSULTING do?

VRG CONSULTING is a Private limited company incorporated in 2006. Its main activity is: Computer consultancy activities. Its registered office is in Rijkevorsel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0878.802.083

Incorporation

23/01/2006

Legal form

Private limited company

Registered office

Torendries 5
2310 Rijkevorsel · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 74151Specialised design activities 47120Retail sale in non-specialised stores 47781Other retail sale of new goods in specialised stores 47910Retail sale via mail order houses or via Internet+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	193,4 k €	-5.3%	204,3 k €	+25.0%	163,4 k €	-31.1%	237,1 k €	+13.8%	208,4 k €	+17.4%	177,5 k €	-6.1%	189 k €	+249%	54,1 k €	-6.6%	58 k €	+3.1%	56,2 k €	-11.2%	63,3 k €	+39.8%	45,3 k €	+3.9%	43,6 k €	+6.4%	41 k €	+21.6%	33,7 k €	-45.1%	61,4 k €	-3.8%	63,9 k €	-7.9%	69,4 k €	-30.2%	99,3 k €
EBITDA	192,1 k €	-5.3%	203 k €	+24.7%	162,7 k €	-31.2%	236,5 k €	+13.5%	208,4 k €	+17.5%	177,4 k €	-6.0%	188,8 k €	+249%	54 k €	-6.7%	57,9 k €	+3.3%	56,1 k €	-11.4%	63,3 k €	+39.8%	45,3 k €	+4.2%	43,5 k €	+10.3%	39,4 k €	+22.4%	32,2 k €	-46.0%	59,6 k €	-4.1%	62,2 k €	-8.2%	67,7 k €	-29.8%	96,5 k €
Operating result	172,2 k €	+0.2%	171,8 k €	+38.2%	124,4 k €	-41.2%	211,7 k €	+11.1%	190,6 k €	+11.3%	171,2 k €	-8.6%	187,4 k €	+386%	38,5 k €	-9.2%	42,4 k €	+3.0%	41,2 k €	+3.5%	39,8 k €	+84.9%	21,5 k €	-37.8%	34,6 k €	+79.3%	19,3 k €	+56.2%	12,4 k €	-69.3%	40,3 k €	-5.8%	42,7 k €	-12.1%	48,6 k €	-41.8%	83,5 k €
Net result	134,3 k €	+4.5%	128,5 k €	+45.8%	88,1 k €	-40.3%	147,5 k €	+11.5%	132,3 k €	+11.2%	119 k €	-4.9%	125,1 k €	+398%	25,1 k €	-2.3%	25,7 k €	-2.5%	26,4 k €	+32.9%	19,8 k €	+4.9%	18,9 k €	-28.1%	26,3 k €	+113%	12,4 k €	-17.5%	15 k €	-46.4%	27,9 k €	+24.9%	22,4 k €	+7.0%	20,9 k €	-72.2%	75,1 k €
Balance sheet
Equity	377,6 k €	-50.9%	769 k €	+14.6%	671 k €	-3.0%	691,5 k €	+26.8%	545,5 k €	+31.5%	414,8 k €	+39.5%	297,4 k €	-1.1%	300,6 k €	+8.6%	276,8 k €	+10.2%	251,1 k €	+11.7%	224,7 k €	+9.7%	204,9 k €	+10.2%	186 k €	+7.1%	173,6 k €	+7.7%	161,2 k €	+5.8%	152,4 k €	+22.4%	124,5 k €	+21.9%	102,2 k €	+25.7%	81,3 k €
Total assets	538,8 k €	-31.4%	785,5 k €	+13.1%	694,5 k €	-1.3%	703,6 k €	+24.6%	564,9 k €	+27.6%	442,7 k €	+36.3%	324,7 k €	+0.2%	324,2 k €	+6.7%	303,9 k €	+11.3%	273,1 k €	+14.0%	239,6 k €	+7.7%	222,5 k €	+13.0%	196,8 k €	+7.2%	183,7 k €	+6.7%	172,2 k €	+3.1%	167 k €	+17.3%	142,4 k €	+23.6%	115,2 k €	+9.8%	104,9 k €
Cash	273,1 k €	+371%	57,9 k €	+305%	14,3 k €	+13.9%	12,6 k €	-11.3%	14,2 k €	+33.6%	10,6 k €	-77.6%	47,2 k €	+44.7%	32,6 k €	+121%	14,7 k €	+47.2%	10 k €	+149%	4 k €	+86.4%	2,2 k €	-73.1%	8 k €	-31.7%	11,7 k €	+3341%	340,5 €	-89.6%	3,3 k €	+6.6%	3,1 k €	-74.8%	12,2 k €	+151%	4,9 k €
Debts	161,2 k €	+874%	16,6 k €	-29.8%	23,6 k €	+93.9%	12,2 k €	-37.2%	19,4 k €	-30.6%	27,9 k €	+2.1%	27,3 k €	+21.0%	22,6 k €	-16.6%	27,1 k €	+22.9%	22 k €	+48.1%	14,9 k €	-15.4%	17,6 k €	+62.0%	10,9 k €	+20.3%	9 k €	-15.2%	10,6 k €	-25.3%	14,3 k €	-20.3%	17,9 k €	+37.0%	13 k €	-44.7%	23,6 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 · 2 active · 2 ended

Active mandates

CINDY STEVENS

Director · since 01 janvier 2018

Active

GÜNTHER VAN ROEY

Director · since 09 janvier 2006

Active

Ended mandates

CINDY STEVENS

Manager · since 01 janvier 2018

Ended

Gunther Van Roey

Manager · since 09 janvier 2006

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	05/06/2026	21/03/2025	27/06/2024	03/07/2023	29/07/2022	26/07/2021
General meeting	01/06/2026	19/03/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	05/06/2026	Dutch	PDF
Micro model	31/12/2024	19/03/2025	21/03/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	03/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	26/07/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	22/06/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	08/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	24/06/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	25/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	07/07/2008	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 31/12/2025 · 2 active · 2 ended

Active mandates

CINDY STEVENS

Director · since 01 janvier 2018

Active

GÜNTHER VAN ROEY

Director · since 09 janvier 2006

Active

Ended mandates

CINDY STEVENS

Manager · since 01 janvier 2018

Ended

Gunther Van Roey

Manager · since 09 janvier 2006

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/09/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/07/2019
KAPITAAL - AANDELEN
PDF
Mandates06/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other17/06/2016
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares14/04/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares19/04/2010
KAPITAAL - AANDELEN
PDF
Registered office18/05/2006
MAATSCHAPPELIJKE ZETEL
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 2025134,3 k €↑
2024
Annual accounts 2024128,5 k €↑
2023
Annual accounts 202388,1 k €↓
2022
Annual accounts 2022147,5 k €↑
2021
Annual accounts 2021132,3 k €↑
2020
Annual accounts 2020119 k €↓
2019
Annual accounts 2019125,1 k €↑
2018
Annual accounts 201825,1 k €↓
2017
Annual accounts 201725,7 k €↓
2016
Annual accounts 201626,4 k €↑
2015
Annual accounts 201519,8 k €↑
2014
Annual accounts 201418,9 k €↓
2013
Annual accounts 201326,3 k €↑
2012
Annual accounts 201212,4 k €↓
2011
Annual accounts 201115 k €↓
2010
Annual accounts 201027,9 k €↑
2009
Annual accounts 200922,4 k €↑
2008
Annual accounts 200820,9 k €↓
2007
Annual accounts 200775,1 k €
23/01/2006
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

VRG CONSULTING

Overview

What does VRG CONSULTING do?

Trend over 19 financial years

Indicative valuation

Board of directors

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