Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VGH MANAGEMENT from Ukkel, company number BE0543631946, closed financial year 2025 with a result of € -726 after tax. For that financial year VGH MANAGEMENT recorded a gross margin of € 18,301 and equity of € -345,161. Compared with financial year 2024, the result moved from € 29,388 to € -726. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ -345,161
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -726
▼ still € 29,388 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -351,361.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,073
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,458 | € 29,709 | € 19,750 | € 18,301 | ▼ 7% |
| Profit after taxes | € 72,363 | € 37,384 | € 29,388 | € -726 | ▼ € 30,114 |
| Equity | € -411,208 | € -373,824 | € -344,435 | € -345,161 | |
| Total debts | € 631,996 | € 574,379 | € 558,739 | € 356,273 | ▼ 36% |
| Cash | € 3,325 | € 165 | € 0 | - | |
| Retained profit | € -417,408 | € -380,024 | € -350,635 | € -351,361 | |
| Bank debt | € 529 | € 509 | € 258 | € 0 | ▼ 100% |
| Balance sheet total | € 220,787 | € 200,555 | € 214,303 | € 16,112 | ▼ 92% |
Key figures of VGH MANAGEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VGH MANAGEMENT?
What happened at VGH MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 726 (▼ € 30,114 vs 2024). filed late Source: NBB ↗
- Bruno Ghislain became a director. NBB
- Catherine Ghislain became a director. NBB
- New establishment in Ukkel. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 72,363 profit in 2022 to € 726 loss in 2025.
Paid € 205 in corporate taxes since 2022.
Best year ever: 2022, with € 72,363 profit.
A new publication or filing at VGH MANAGEMENT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VGH MANAGEMENT are Bruno Ghislain and Catherine Ghislain. Catherine Ghislain is also behind ADD LIPS, Tri-Marrant, TITRAFILM BELGIUM and C YOU SOON.
Directors
According to the 2025 annual accounts
Bruno Ghislain
Director
since 2024
since 2024
Establishments
Establishment units
Physical locations of this company
Sterrenkundigenstraat 42A box 2
1180 Ukkel
Dieweg 54A
1180 Ukkel
Active since 27 December 2013
Sterrenkundigenstraat 42A
1180 Ukkel
Active since 1 January 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.631.946
- VAT number
- BE 0543.631.946
- Registered office
- Sterrenkundigenstraat 42A bus 2, 1180 Ukkel
- Names & denominations
- VGH MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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