ACTIVE

V-CONSULT

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Financial year 2025 · closed on 31/12/2025

Net result

157,6 k €

+8.4% YoY

Gross margin

223,8 k €

+4.3% YoY

Equity

1,9 M €

+8.8% YoY

What does V-CONSULT do?

V-CONSULT is a Private limited company incorporated in 2008. Its main activity is: Support services to forestry. Its registered office is in Genk.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0895.398.486

Incorporation

30/01/2008

Legal form

Private limited company

Registered office

Grotestraat 107
3600 Genk · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

02400Support services to forestry· main 02400Support services to forestry

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	223,8 k €	+4.3%	214,6 k €	+48.0%	145 k €	-19.5%	180,2 k €	-12.9%	206,9 k €	-0.8%	208,6 k €	+37.3%	151,9 k €	+15.7%	131,3 k €	+27.5%	103 k €	-17.7%	125,2 k €	-29.4%	177,4 k €	+10.2%	161,1 k €	-3.0%	166 k €	-2.4%	170,2 k €	+13.1%	150,4 k €	+7.2%	140,3 k €	+27.3%	110,3 k €	+67.5%	65,8 k €
EBITDA	217,2 k €	+2.2%	212,5 k €	+48.8%	142,8 k €	-19.9%	178,4 k €	-13.2%	205,4 k €	-0.5%	206,5 k €	+41.8%	145,6 k €	+12.1%	129,9 k €	+27.9%	101,6 k €	-17.7%	123,4 k €	-30.1%	176,6 k €	+10.4%	160 k €	-3.2%	165,2 k €	-2.2%	169 k €	+13.2%	149,3 k €	+7.2%	139,2 k €	+27.7%	109 k €	+69.4%	64,4 k €
Operating result	184,1 k €	+3.4%	178 k €	+59.7%	111,4 k €	-30.0%	159,2 k €	-21.2%	201,9 k €	+5.6%	191,2 k €	+48.4%	128,8 k €	+7.7%	119,6 k €	+31.2%	91,2 k €	-19.4%	113,2 k €	-31.7%	165,6 k €	+11.1%	149,1 k €	-8.4%	162,9 k €	+4.9%	155,2 k €	+12.9%	137,4 k €	+11.5%	123,3 k €	+33.2%	92,6 k €	+92.2%	48,2 k €
Net result	157,6 k €	+8.4%	145,4 k €	+48.8%	97,7 k €	-26.7%	133,3 k €	-15.6%	158 k €	+3.1%	153,2 k €	+30.1%	117,8 k €	+33.1%	88,5 k €	+5.4%	83,9 k €	-5.9%	89,1 k €	-31.9%	130,9 k €	+5.9%	123,6 k €	+3.3%	119,6 k €	+11.7%	107 k €	+14.7%	93,3 k €	+19.8%	77,9 k €	+35.8%	57,4 k €	+99.3%	28,8 k €
Balance sheet
Equity	1,9 M €	+8.8%	1,8 M €	+8.7%	1,6 M €	+6.2%	1,5 M €	+9.1%	1,4 M €	+11.9%	1,2 M €	+12.8%	1,1 M €	+11.0%	993,8 k €	+9.2%	910,4 k €	+9.2%	833,6 k €	+12.0%	744,5 k €	+21.3%	613,6 k €	+25.2%	490,1 k €	+32.3%	370,5 k €	+40.6%	263,5 k €	+54.8%	170,2 k €	+84.3%	92,3 k €	+164%	35 k €
Total assets	2 M €	+7.8%	1,8 M €	+11.5%	1,6 M €	+3.2%	1,6 M €	+8.8%	1,4 M €	+12.6%	1,3 M €	+13.4%	1,1 M €	+11.8%	1 M €	+8.6%	934,3 k €	+10.7%	843,8 k €	+8.8%	775,5 k €	+19.5%	649,1 k €	+23.8%	524,5 k €	+26.1%	415,9 k €	+29.6%	321 k €	+36.7%	234,7 k €	+39.9%	167,8 k €	+86.0%	90,2 k €
Cash	83,7 k €	+22.2%	68,5 k €	-0.9%	69,1 k €	-81.1%	366,1 k €	-14.5%	428,1 k €	+21.8%	351,4 k €	-50.5%	709,7 k €	+80.8%	392,5 k €	-35.0%	604,3 k €	+64.4%	367,5 k €	+37.7%	266,9 k €	+37.5%	194,1 k €	+153%	76,8 k €	+12.5%	68,3 k €	+107%	32,9 k €	-45.0%	59,9 k €	-12.7%	68,6 k €	+151%	27,3 k €
Debts	47,5 k €	-22.0%	60,9 k €	+351%	13,5 k €	-76.4%	57,3 k €	+1.8%	56,3 k €	+33.1%	42,3 k €	+32.7%	31,9 k €	+52.3%	20,9 k €	-12.7%	24 k €	+137%	10,1 k €	-67.3%	30,9 k €	-12.8%	35,5 k €	+3.0%	34,5 k €	-24.1%	45,4 k €	-20.9%	57,5 k €	-11.0%	64,6 k €	-14.5%	75,5 k €	+36.6%	55,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Pascal VANNITSEN

Director

Active

Ended mandates

PASCAL VANNITSEN

Manager · since 31 janvier 2008

Ended

Pascal VANNITSEN

Manager

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	30/08/2026	27/08/2025	30/08/2024	31/08/2023	29/08/2022	30/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	30/08/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	10/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	30/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	26/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	29/10/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	21/08/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 ended

Active mandates

Pascal VANNITSEN

Director

Active

Ended mandates

PASCAL VANNITSEN

Manager · since 31 janvier 2008

Ended

Pascal VANNITSEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other11/02/2008
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

2025
Annual accounts 2025157,6 k €↑
2024
Annual accounts 2024145,4 k €↑
2023
Annual accounts 202397,7 k €↓
2022
Annual accounts 2022133,3 k €↓
2021
Annual accounts 2021158 k €↑
2020
Annual accounts 2020153,2 k €↑
2019
Annual accounts 2019117,8 k €↑
2018
Annual accounts 201888,5 k €↑
2017
Annual accounts 201783,9 k €↓
2016
Annual accounts 201689,1 k €↓
2015
Annual accounts 2015130,9 k €↑
2014
Annual accounts 2014123,6 k €↑
2013
Annual accounts 2013119,6 k €↑
2012
Annual accounts 2012107 k €↑
2011
Annual accounts 201193,3 k €↑
2010
Annual accounts 201077,9 k €↑
2009
Annual accounts 200957,4 k €↑
2008
Annual accounts 200828,8 k €
30/01/2008
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

V-CONSULT

Overview

What does V-CONSULT do?

Trend over 18 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