ACTIVE

VS & C°

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Financial year 2025 · closed on 30/06/2025

Net result

22 k €

-35.2% YoY

Gross margin

122 k €

+38.4% YoY

Equity

311,9 k €

+7.6% YoY

What does VS & C° do?

VS & C° is a Private company with limited liability incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.867.065

Incorporation

14/01/2008

Legal form

Private company with limited liability

Registered office

Rue des Trois Ponts 28
1160 Auderghem · BruxellesSee on map

Contributed capital

6 400,00 €

Latest accounts

30/06/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	122 k €	+38.4%	88,2 k €	-22.0%	113,1 k €	-42.8%	197,6 k €	+68.1%	117,6 k €	-25.4%	157,7 k €	+61.7%	97,5 k €	-12.6%	111,6 k €	-32.9%	166,3 k €	+29.5%	128,4 k €	-24.8%	170,8 k €	-13.0%	196,4 k €	+167%	73,5 k €	-0.9%	74,1 k €	+15.3%	64,3 k €	-18.2%	78,6 k €
EBITDA	112,1 k €	+29.7%	86,5 k €	-21.0%	109,4 k €	-40.9%	185,2 k €	+61.3%	114,8 k €	-26.0%	155,2 k €	+64.8%	94,2 k €	-12.6%	107,8 k €	-34.2%	163,7 k €	+29.3%	126,6 k €	-24.7%	168,1 k €	-13.6%	194,6 k €	+175%	70,7 k €	-3.9%	73,6 k €	+15.7%	63,6 k €	-18.8%	78,3 k €
Operating result	75,3 k €	+10.5%	68,2 k €	-30.5%	98,1 k €	-44.0%	175,2 k €	+172%	64,5 k €	-37.9%	103,8 k €	+143%	42,8 k €	-28.7%	60 k €	-48.4%	116,3 k €	+52.2%	76,4 k €	-35.5%	118,5 k €	-17.6%	143,8 k €	+626%	19,8 k €	-69.2%	64,3 k €	+97.6%	32,5 k €	-58.0%	77,4 k €
Net result	22 k €	-35.2%	33,9 k €	-47.5%	64,5 k €	-48.3%	124,7 k €	+235%	37,3 k €	-40.5%	62,6 k €	+233%	18,8 k €	-19.7%	23,4 k €	-61.5%	60,7 k €	+91.5%	31,7 k €	-49.5%	62,7 k €	-22.7%	81,1 k €	+800%	9 k €	-67.2%	27,5 k €	+45.5%	18,9 k €	-62.9%	50,9 k €
Balance sheet
Equity	311,9 k €	+7.6%	289,9 k €	+13.2%	256 k €	+20.1%	213,2 k €	+53.9%	138,5 k €	+36.8%	101,3 k €	+162%	38,7 k €	-44.7%	69,9 k €	-27.6%	96,5 k €	+12.5%	85,8 k €	+73.1%	49,6 k €	+5.8%	46,8 k €	+82.1%	25,7 k €	-66.5%	76,7 k €	+0.6%	76,2 k €	+32.9%	57,3 k €
Total assets	1,2 M €	+4.7%	1,1 M €	+92.8%	581,6 k €	+8.4%	536,5 k €	+9.7%	489,1 k €	+5.3%	464,4 k €	+18.9%	390,5 k €	-12.9%	448,3 k €	-14.7%	525,4 k €	-7.9%	570,3 k €	-13.0%	655,6 k €	-6.6%	701,9 k €	+6.0%	661,9 k €	+48.7%	445 k €	-7.6%	481,6 k €	+419%	92,8 k €
Cash	1,4 k €	-68.8%	4,6 k €	-91.5%	54,2 k €	+49.2%	36,3 k €	-43.4%	64,1 k €	+1178%	5 k €	-43.2%	8,8 k €	+2188%	385,9 €	-96.7%	11,8 k €	-72.5%	42,7 k €	+888%	4,3 k €	-94.5%	78,4 k €	+647%	10,5 k €	+4.3%	10,1 k €	-76.9%	43,5 k €	+39.4%	31,2 k €
Debts	859,4 k €	+3.6%	829,7 k €	+156%	323,7 k €	+0.6%	321,7 k €	-7.3%	347 k €	-3.5%	359,6 k €	+2.7%	350,3 k €	-7.1%	376,9 k €	-12.1%	428,9 k €	-11.5%	484,5 k €	-20.1%	606 k €	-6.8%	650,2 k €	+2.2%	636,1 k €	+72.7%	368,3 k €	-9.2%	405,4 k €	+1042%	35,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

SEBASTIEN CRUYT

Director

Active

VINCENT MUSIEK

Director

Active

Ended mandates

SEBASTIEN CRUYT

Manager

Ended

VINCENT MUSIEK

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
SYNERGY INTERNATIONAL● Active	0431.390.276

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/01/2026	25/06/2025	05/03/2024	08/02/2023	29/01/2022	15/02/2021
General meeting	09/01/2026	29/01/2025	26/01/2024	30/12/2022	26/01/2022	10/02/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	09/01/2026	21/01/2026	French	PDF
Micro model	30/06/2024	29/01/2025	25/06/2025	French	PDF
Micro model	30/06/2023	26/01/2024	05/03/2024	French	PDF
Micro model	30/06/2022	30/12/2022	08/02/2023	French	PDF
Micro model	30/06/2021	26/01/2022	29/01/2022	French	PDF
Micro model	30/06/2020	10/02/2021	15/02/2021	French	PDF
Micro model	30/06/2019	27/12/2019	27/01/2020	French	PDF
Micro model	30/06/2018	28/12/2018	23/01/2019	French	PDF
Micro model	30/06/2017	29/12/2017	23/01/2018	French	PDF
Abridged model	30/06/2016	30/12/2016	02/02/2017	French	PDF
Abridged model	30/06/2015	26/12/2015	15/01/2016	French	PDF
Abridged model	30/06/2014	26/12/2014	16/01/2015	French	PDF
Abridged model	30/06/2013	20/12/2013	04/02/2014	French	PDF
Abridged model	30/06/2012	21/12/2012	14/02/2013	French	PDF
Abridged model	30/06/2011	30/12/2011	21/05/2012	French	PDF
Abridged model	30/06/2010	31/12/2010	15/02/2011	French	PDF
Abridged model	30/06/2009	26/12/2009	12/01/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 30/06/2025 · 2 active · 2 ended

Active mandates

SEBASTIEN CRUYT

Director

Active

VINCENT MUSIEK

Director

Active

Ended mandates

SEBASTIEN CRUYT

Manager

Ended

VINCENT MUSIEK

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/01/2013
SIEGE SOCIAL
PDF
Registered office03/02/2009
SIEGE SOCIAL
PDF
Other22/01/2008
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 202522 k €↓
2025
Name changeVS&Co
2024
Annual accounts 202433,9 k €↓
2023
Annual accounts 202364,5 k €↓
2022
Annual accounts 2022124,7 k €↑
2022
Name changeVS & C°
2021
Annual accounts 202137,3 k €↓
2020
Annual accounts 202062,6 k €↑
2019
Annual accounts 201918,8 k €↓
2018
Annual accounts 201823,4 k €↓
2017
Annual accounts 201760,7 k €↑
2016
Annual accounts 201631,7 k €↓
2014
Annual accounts 201462,7 k €↓
2013
Annual accounts 201381,1 k €↑
2012
Annual accounts 20129 k €↓
2011
Annual accounts 201127,5 k €↑
2010
Annual accounts 201018,9 k €↓
2009
Annual accounts 200950,9 k €
14/01/2008
IncorporationPrivate company with limited liability

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

VS & C°

Overview

What does VS & C° 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