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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
VS Advocaten from Gent, company number BE0878449816, closed financial year 2025 with a result of € 166,905 after tax. For that financial year VS Advocaten recorded revenue of € 5.3 million and equity of € 767,846. Compared with financial year 2024, the result moved from € 10,656 to € 166,905. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 767,846
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 166,905
▲ € 156,248 vs 2024
Profit after tax over the fiscal year.
€ 124,611
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 617,846.
People and assets in 2025
10.5
Average over the fiscal year, from the social balance sheet.
€ 672,931
▲ 3% vs 2024
€ 64,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,960
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,862
▼ 39% vs 2024
€ 27,570 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.1 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 93,486
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,522,080 | € 4,724,475 | € 4,812,367 | € 5,335,642 | ▲ 11% |
| Gross margin | € 814,105 | € 881,928 | € 697,557 | € 1,064,444 | ▲ 53% |
| Profit after taxes | € 73,498 | € 64,992 | € 10,656 | € 166,905 | ▲ € 156,248 |
| Equity | € 553,612 | € 599,636 | € 610,293 | € 767,846 | ▲ 26% |
| Total debts | € 3,010,329 | € 4,381,334 | € 4,913,297 | € 1,263,577 | ▼ 74% |
| Cash | € 2,350,473 | € 323,147 | € 442,448 | € 124,611 | ▼ 72% |
| Retained profit | € 403,612 | € 449,636 | € 460,293 | € 617,846 | ▲ 34% |
| Bank debt | € 0 | € 0 | € 68,133 | € 41,862 | ▼ 39% |
| Balance sheet total | € 3,725,543 | € 5,142,572 | € 5,604,375 | € 2,112,208 | ▼ 62% |
| Employees (FTE) | 10.5 | 10.2 | 10.5 | 10.5 |
Key figures of VS Advocaten, 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 VS Advocaten?
What happened at VS Advocaten in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 166,905 (▲ € 156,248 vs 2024). Source: NBB ↗
- New establishment in Brussel. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 73,498 profit in 2022 to € 166,905 profit in 2025.
Paid € 126,453 in corporate taxes since 2022.
Best year ever: 2025, with € 166,905 profit.
On average € 101,400 of value added per employee in 2025.
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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 VS Advocaten are Christine Mussche, Walter Van Steenbrugge and Johan Heymans. Walter Van Steenbrugge is also behind WALTZ and A&L. Johan Heymans is also behind A&L and ARTE ET PERSEVERARE.
Directors
According to the 2025 annual accounts
Christine Mussche
Director
Establishments
Establishment units
Physical locations of this company
Durmstraat 29
9030 Gent
Stoofstraat 81
1000 Brussel
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0878.449.816
- VAT number
- BE 0878.449.816
- Registered office
- Durmstraat 29, 9030 Gent
- Names & denominations
- VS Advocaten · VSA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2006
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van advocaten
Advocatenkantoor en juridische adviseurs