ADDED VALUE
ActiveSummary
ADDED VALUE has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,513 and a net result of €31,732. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 78% of 8,539 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €101,513
- Profit
- €31,732
Why 96lowers riskFounded in 1996Liquidity: current ratio 4.11, cash €19,900Equity €101,513 (79.8% of total assets)Figures for financial year 2025 (filed 07-05-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 87% on solvency, 56% on liquidity, 76% on profitability and 69% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2019 to 2025net €31,732 ▲14.6%
- Equity above €100,000equity €101,513 ▲19.1%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €146 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,691 | €2,579 | €2,907 | €3,300 | €3,401 | €5,382 | - | - |
| Other operating charges640/8 | - | - | €449 | €518 | €408 | €502 | €507 | ▲ 1.0% |
| Gross operating margin9900 | €1,186 | €10,272 | €17,050 | €6,081 | €21,533 | €45,135 | €47,450 | ▲ 5.1% |
| Operating profit (loss)9901 | -€2,004 | €7,010 | €13,694 | €2,263 | €17,724 | €39,250 | €46,943 | ▲ 19.6% |
| Financial income75/76B | - | - | €10 | €21 | €2,571 | €69 | €10 | ▼ 86.2% |
| Recurring financial income75 | €42 | €36 | €10 | €21 | €2,571 | €69 | €10 | ▼ 86.2% |
| Financial charges65/66B | - | - | €639 | €1,834 | €270 | €234 | €2,232 | ▲ 854% |
| Recurring financial charges65 | €1,274 | €1,154 | €639 | €1,834 | €270 | €234 | €2,232 | ▲ 854% |
| Profit (loss) for the period before taxes9903 | -€3,236 | €5,891 | €13,065 | €449 | €20,025 | €39,086 | €44,721 | ▲ 14.4% |
| Income taxes67/77 | €1,650 | €125 | €3,830 | €3 | €6,852 | €11,396 | €12,989 | ▲ 14.0% |
| Profit (loss) for the period9904 | -€4,886 | €5,767 | €9,235 | €446 | €13,173 | €27,690 | €31,732 | ▲ 14.6% |
| Profit (loss) for the period to be appropriated9905 | -€4,886 | €5,767 | €9,235 | €446 | €13,173 | €27,690 | €31,732 | ▲ 14.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €51,851 | €63,053 | €66,790 | €63,725 | €72,042 | €101,086 | €127,187 | ▲ 25.8% |
| Fixed assets21/28 | €11,998 | €15,168 | €12,260 | €12,282 | €12,411 | €17,972 | €21,705 | ▲ 20.8% |
| Tangible fixed assets22/27 | €11,848 | €15,018 | €12,110 | €12,132 | €12,261 | €17,822 | €21,555 | ▲ 20.9% |
| Plant, machinery and equipment23 | - | - | €9,042 | €8,277 | €8,330 | €16,015 | €17,871 | ▲ 11.6% |
| Furniture and vehicles24 | - | - | €2,558 | €3,515 | €3,761 | €1,807 | €3,684 | ▲ 104% |
| Other tangible fixed assets26 | - | - | €510 | €340 | €170 | - | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €39,853 | €47,885 | €54,529 | €51,442 | €59,631 | €83,114 | €105,482 | ▲ 26.9% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €15,000 | €15,000 | = |
| Other amounts receivable291 | - | - | - | - | - | €15,000 | €15,000 | = |
| Amounts receivable within one year40/41 | €8,289 | €29,193 | €18,224 | €17,356 | €20,000 | €31,380 | €23,058 | ▼ 26.5% |
| Trade receivables40 | - | - | €18,224 | €13,592 | €20,000 | €31,290 | €15,810 | ▼ 49.5% |
| Other amounts receivable41 | - | - | - | €3,765 | - | €90 | €7,248 | ▲ 81× |
| Current investments50/53 | - | - | - | - | - | - | €45,667 | - |
| Cash at bank and in hand54/58 | €29,580 | €16,581 | €36,060 | €30,558 | €34,722 | €35,924 | €19,900 | ▼ 44.6% |
| Deferred charges and accrued income490/1 | - | - | €246 | €3,529 | €4,910 | €811 | €1,858 | ▲ 129% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €51,851 | €63,053 | €66,790 | €63,725 | €72,042 | €101,086 | €127,187 | ▲ 25.8% |
| Equity10/15 | €46,169 | €51,935 | €56,921 | €57,367 | €57,540 | €85,230 | €101,513 | ▲ 19.1% |
| Contributions10/11 | €16,313 | - | €16,313 | €16,313 | €16,313 | €16,313 | €16,313 | = |
| Reserves13 | €14,875 | €20,642 | €29,877 | €30,323 | €30,496 | €58,186 | €74,469 | ▲ 28.0% |
| Non-distributable reserves130/1 | - | - | €1,875 | €1,875 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,875 | €1,875 | - | - | - | - |
| Distributable reserves133 | - | - | €28,002 | €28,448 | €30,496 | €58,186 | €74,469 | ▲ 28.0% |
| Profit (loss) carried forward14 | €14,981 | €14,981 | €10,731 | €10,731 | €10,731 | €10,731 | €10,731 | = |
| Amounts payable17/49 | €5,682 | €11,117 | €9,869 | €6,358 | €14,502 | €15,856 | €25,674 | ▲ 61.9% |
| Amounts payable within one year42/48 | €5,503 | €11,117 | €9,869 | €5,935 | €14,298 | €15,721 | €25,674 | ▲ 63.3% |
| Trade debts44 | €10 | €5,485 | €106 | €2,211 | €1,963 | €2,099 | €308 | ▼ 85.3% |
| Suppliers440/4 | - | - | €106 | €2,211 | €1,963 | €2,099 | €308 | ▼ 85.3% |
| Taxes, remuneration and social security45 | - | - | €6,787 | €3,724 | €10,478 | €13,622 | €9,918 | ▼ 27.2% |
| Taxes450/3 | - | - | €6,787 | €3,724 | €10,478 | €13,622 | €9,918 | ▼ 27.2% |
| Other amounts payable47/48 | - | - | €2,977 | - | €1,858 | - | €15,448 | - |
| Accrued charges and deferred income492/3 | - | - | - | €423 | €204 | €135 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,886 | €5,767 | €9,235 | €446 | €13,173 | €27,690 | €31,732 | ▲ 14.6% |
| + Depreciation and write-downs630 | €2,691 | €2,579 | €2,907 | €3,300 | €3,401 | €5,382 | - | - |
| Operating cash flow (approximation) | -€2,195 | €8,346 | €12,142 | €3,747 | €16,574 | €33,072 | €31,732 | ▼ 4.1% |
| Investment in fixed assets (approximation) | - | -€5,749 | €0 | -€3,322 | -€3,529 | -€10,943 | -€3,734 | ▲ 65.9% |
| Change in cash | - | -€12,998 | €19,478 | -€5,502 | €4,164 | €1,202 | -€16,024 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00104450 |
| 30-09-2024 | micro format | 30-04-2025 | 2025-00088413 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00077883 |
| 30-09-2022 | micro format | 30-04-2023 | 2023-00075630 |
| 30-09-2021 | micro format | 09-06-2022 | 2022-20063530 |
| 30-09-2020 | micro format | 31-03-2021 | 2021-09200214 |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11300188 |
| 30-09-2018 | micro format | 30-04-2019 | 2019-12400143 |
| 30-09-2017 | micro format | 24-04-2018 | 2018-10600041 |
| 30-09-2016 | abbreviated format | 28-04-2017 | 2017-10700426 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| WOUTERS Michel |
|
Owners and capital
Capital and shareholders
- 21-09-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-09
Gazette deed
Resignation: WOUTERS Michel (manager)Appointment: WOUTERS Michel (director) · Capital conversion · Reserve release12 facts ▸
- General meeting, 05-09-2023
- Other provision, “Eerste besluit-Overeenstemming WVV en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “Tweede besluit-opheffing statutair onbeschikbare eigenvermogensrekening, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital
- Director resignation, WOUTERS Michel (manager (not named in the articles))
- Director discharge, WOUTERS Michel
- Director appointment, WOUTERS Michel (director (not named in the articles))
- Registered office clause, “2250 Olen,Leemanslaan 21” (deed in Dutch)
- Power of attorney
- Other provision, “Coördinatie statuten-Wettelijke publicaties” (deed in Dutch)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13029C0043/02C000 | Flanders | 221 m² | 1 · 119 m² | 11.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De vennootschap heeft als voorwerp het opmaken van grafische ontwerpen en het bijstaan van personen en bedrijven in het creëren van een…” (deed in Dutch)
6 activities (deed in Dutch)
- De vennootschap heeft als voorwerp het opmaken van grafische ontwerpen en het bijstaan van personen en bedrijven in het creëren van een eigen imago.
- Op algemene wijze mag zij allerhande commerciële,industriële,financiële,roerende en onroerende verrichtingen uitvoeren,welke rechtstreeks of onrechtstreeks verband houden met haar voorwerp.
- De vennootschap mag op welke wijze ook betrokken zijn inzake,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben,dat van aard is de ontwikkeling van haar vennootschap te bevorderen,haar grondstoffen kan verschaffen of haar producten gemakkelijker kan verdelen.
- De vennootschap mag alle handels-,nijverheids-,financiële,roerende en onroerende zaken verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- De vennootschap mag op gelijk welke wijze ook betrokken zijn in zaken,ondernemingen of vennootschappen die hetzelfde,een soortgelijk,een gelijkaardig of samenhangend voorwerp hebben,van aard zijn haar onderneming te ondersteunen of te ontwikkelen,haar grondstoffen kunnen inleveren of de afzet van haar producten kunnen vergemakkelijken.
- Zij zal haar voorwerp kunnen realiseren zowel in België als in het buitenland op alle manieren en modaliteiten die ze goed vindt.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ADDED VALUE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Vergoeding van de bestuurders, vaste of evenredige vergoeding” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of March at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)