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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Late annual account NBB
Fiscal year 2024 was filed 230 days after the legal deadline.
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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Brussels School of Governance - Vesalius College from Elsene, company number BE0870297856, closed financial year 2024 with a result of € 584,430 after tax. For that financial year Brussels School of Governance - Vesalius College recorded a gross margin of € 2.6 million and equity of € -279,647. Compared with financial year 2023, the result moved from € 162,028 to € 584,430. 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 March 18, 2026.
€ -279,647
▲ € 584,430 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 584,430
▲ 261% vs 2023
Profit after tax over the fiscal year.
€ 1.5 million
▲ 19% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
€ 1.8 million
▼ 3% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,074
▼ 9% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 6,930
▲ 80% vs 2023
Loans from banks and other lenders, long and short.
€ 2.6 million
▼ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,183,834 | € 1,883,124 | € 2,176,001 | € 2,588,125 | ▲ 19% |
| Profit after taxes | € -665,279 | € -116,458 | € 162,028 | € 584,430 | ▲ 261% |
| Equity | € -909,647 | € -1,026,104 | € -864,077 | € -279,647 | ▲ € 584,430 |
| Total debts | € 3,054,294 | € 3,490,288 | € 3,797,701 | € 3,771,464 | ▼ 1% |
| Cash | € 1,138,038 | € 1,085,992 | € 1,295,206 | € 1,540,353 | ▲ 19% |
| Retained profit | € -1,649,565 | € -1,766,023 | € -1,603,995 | € -1,019,566 | ▲ € 584,430 |
| Bank debt | € 2,028 | € 5,787 | € 3,840 | € 6,930 | ▲ 80% |
| Balance sheet total | € 2,184,525 | € 2,482,718 | € 2,933,625 | € 3,491,817 | ▲ 19% |
Key figures of Brussels School of Governance - Vesalius College, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Brussels School of Governance - Vesalius College?
What happened at Brussels School of Governance - Vesalius College in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 584,430 (▲ 261% vs 2023). filed late Source: NBB ↗
- Caroline Buts became a director. NBB
- Tony Joris became a director. NBB
- Karel De Gucht became a director. NBB
- Frank Hoffmeister became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 665,279 loss in 2021 to € 584,430 profit in 2024.
Best year ever: 2024, with € 584,430 profit.
Management
Behind Brussels School of Governance - Vesalius College are Caroline Buts, Tony Joris, Gloria Gonzalez-Fuster, Eva De Bleeker, Leo Van Audenhove and Trisha Meyer.
Directors
According to the 2024 annual accounts
Caroline Buts
Director
since 2019
Tony Joris
Director
since 2019
Gloria Gonzalez-Fuster
Director
Eva De Bleeker
Director
Leo Van Audenhove
Director
Trisha Meyer
Director
Freddy Van den Spiegel
Director
Also active at: COHEZIO, SPRIMOGLASS, LEROI INDUSTRIES, SYNERGLASS SOFT, SPRIMO INVEST, Experconsult, R.M.D. TRANSPORTS, SPRIMO VITRO +3 more
since 2019
Wendy Van den Broeck
Director
Frank Hoffmeister
Director
since 2019
Nic Van Craen
Director
Sven Biscop
Director
Establishments
Establishment units
Physical locations of this company
Pleinlaan 2
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
All companies at this address →Comité International de Recherche et d'Etude de Facteurs de l'Ambiance
Polytechnische Kring
Solvay Business School Student Accelerator
Centre belge de Recherches mathématiques - Belgisch Centrum voor Wiskundig Onderzoek
Vereniging voor Demografie
+47 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0870.297.856
- VAT number
- BE 0870.297.856
- Registered office
- Pleinlaan 2, 1050 Elsene
- Names & denominations
- Brussels School of Governance - Vesalius College · BSoG-VECO
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 December 2004
- Peppol
- Active · Active since 13 Oct 2025