Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
VBL ADVISORY from Blankenberge, company number BE0687664771, closed financial year 2026 with a result of € 76,190 after tax. For that financial year VBL ADVISORY recorded a gross margin of € 91,787 and equity of € -127,169. Compared with financial year 2025, the result moved from € -8,805 to € 76,190. Profitable, and profit is growing. 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 October 9, 2026.
€ -127,169
▲ € 76,190 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 76,190
▲ still € 8,805 loss in 2025
Profit after tax over the fiscal year.
€ 43,695
▲ 2% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -157,169.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 96,526
▲ € 95,963 vs 2025
Of which on lease € 86,238.
Debts at end 2026
€ 77,058
€ 15,036 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,761
▼ 16% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 7,715
▲ € 6,205 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 155,908 | € 278,974 | € -7,291 | € 91,787 | ▲ € 99,077 |
| Profit after taxes | € -191,142 | € -35,496 | € -8,805 | € 76,190 | ▲ € 84,995 |
| Equity | € -159,058 | € -194,554 | € -203,359 | € -127,169 | ▲ € 76,190 |
| Total debts | € 490,170 | € 500,993 | € 281,541 | € 310,024 | ▲ 10% |
| Cash | € 98,443 | € 130,632 | € 42,662 | € 43,695 | ▲ 2% |
| Retained profit | € -189,058 | € -224,554 | € -233,359 | € -157,169 | ▲ € 76,190 |
| Bank debt | € 0 | € 0 | € 0 | € 77,058 | |
| Balance sheet total | € 331,112 | € 306,439 | € 78,182 | € 182,854 | ▲ 134% |
| Employees (FTE) | 14.7 | 11 | 0 | - |
Key figures of VBL ADVISORY, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to VBL ADVISORY?
What happened at VBL ADVISORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 76,190. Source: NBB ↗
- Inge Verachtert became a director. NBB
- BL-Invest became a director. NBB
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 191,142 loss in 2023 to € 76,190 profit in 2026.
Paid € 458 in corporate taxes since 2023.
Best year ever: 2026, with € 76,190 profit.
On average € 25,400 of value added per employee in 2024.
Management
The stake of BL-INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VBL ADVISORYBehind VBL ADVISORY are BL-Invest and Inge Verachtert. The shares are held by BL-INVEST (99.7%).
Directors
According to the 2026 annual accounts
Director · represented by Bert Lambregts
Also active at: RETAIL SERVICES NATIONALESTRAAT, RS Astrid 27, PROXY POEL, PROXY SINT-PIETER, AD KANAALKOM, SHOP & GO HASSELT, PROXY KOUTER
since 2018
since 2025
Shareholders
99.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
A. Ruzettelaan 187 box 601
8370 Blankenberge
A. Ruzettelaan 187 box 6.01
8370 Blankenberge
Active since 9 January 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0687.664.771
- VAT number
- BE 0687.664.771
- Registered office
- A. Ruzettelaan 187 bus 601, 8370 Blankenberge
- Names & denominations
- VBL ADVISORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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