ADDED VALUE
ActiveSummary
ADDED VALUE has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,459 and a net result of €1.1m. Equity has been growing by about 3.5% per year since 2019. Its solvency ranks better than 49% of 9,664 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-12-2003 Normal situation
- Activity
- Organisation of conventions and trade shows NACE 82300and 1 other
- Establishment unit
- 2.134.559.630 1050 Elsene, since 03-12-2003
- Financial year end
- 30 June
- Peppol
- Reachable since 03-08-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €1.1m
- ▲ 248×
- Turnover
- ≈ €1.7m
- estimated
- Profit
- €1.1m
- Equity
- €500,459
- ▲ 148%
- Total assets
- €1.0m
- ▲ 237%
- 2025 accounts filed 2 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.94, cash €542,464Size: total assets €1.0mSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 82, micro). It does better than 51% of them on solvency, 69% on liquidity, 87% on profitability and 93% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00032402.
Annual accounts 2025 filed on 02-02-2026 PDF all 21 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is a profit of €1.1m, after a loss of €7,154 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €1,300 | €1,779 | - | - |
| Financial fixed assets | - | €5,500 | - | - |
| Depreciation and write-downs of the year | €2,144 | €2,549 | €1,021 | €1,021 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.002m | €0.002m | €0.002m | €0.003m | €0.001m | €0.001m | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.001m | €0 | -€0.1m | - | - |
| Other operating charges640/8 | - | - | - | €348 | €423 | €0.1m | €401 | ▼ 99.7% |
| Gross operating margin9900 | €0.02m | €0.07m | €0.04m | €0.04m | €0.02m | €0.004m | €1.1m | ▲ 248× |
| Operating profit (loss)9901 | -€0.005m | -€0.1m | -€0.08m | €0.03m | €0.02m | -€0.007m | €1.1m | - |
| Financial income75/76B | - | - | - | €0.003m | €0.002m | €0.001m | €0.003m | ▲ 183% |
| Recurring financial income75 | €0.001m | €45 | €0.002m | €0.003m | €0.002m | €0.001m | €0.003m | ▲ 183% |
| Financial charges65/66B | - | - | - | €247 | €195 | €482 | €169 | ▼ 65.0% |
| Recurring financial charges65 | €0.001m | €0.001m | €211 | €247 | €195 | €482 | €169 | ▼ 65.0% |
| Profit (loss) for the period before taxes9903 | -€0.009m | -€0.1m | -€0.08m | €0.04m | €0.02m | -€0.006m | €1.1m | - |
| Income taxes67/77 | €1 | €1 | €1 | €1 | €1 | €3 | €0.009m | ▲ 3,009× |
| Profit (loss) for the period9904 | -€0.009m | -€0.1m | -€0.08m | €0.04m | €0.02m | -€0.006m | €1.1m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.009m | -€0.1m | -€0.08m | €0.04m | €0.02m | -€0.006m | €1.1m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.5m | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €1.0m | ▲ 237% |
| Fixed assets21/28 | €0.02m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 6.0% |
| Tangible fixed assets22/27 | €0.007m | €0.005m | €0.005m | €0.004m | €0.003m | €0.002m | €0.001m | ▼ 46.8% |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.002m | €0.002m | €0.001m | ▼ 37.6% |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.001m | €0.001m | €141 | ▼ 74.2% |
| Financial fixed assets28 | €0.009m | €0.009m | €0.009m | €0.009m | €0.01m | €0.01m | €0.01m | = |
| Current assets29/58 | €0.4m | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €1.0m | ▲ 251% |
| Stocks and contracts in progress3 | €0.07m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.4m | €0.3m | €0.1m | €0.1m | €0.2m | €0.2m | €0.5m | ▲ 86.5% |
| Trade receivables40 | - | - | - | €0.03m | €0.05m | €0.1m | €0.4m | ▲ 239% |
| Other amounts receivable41 | - | - | - | €0.07m | €0.1m | €0.1m | €0.05m | ▼ 60.4% |
| Cash at bank and in hand54/58 | €0.01m | €0.01m | €0.01m | €0.08m | €0.02m | €0.04m | €0.5m | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | €321 | €0.003m | - | €180 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.5m | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €1.0m | ▲ 237% |
| Equity10/15 | €0.3m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.5m | ▲ 148% |
| Contributions10/11 | €0.1m | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.09m | €0.03m | €0.05m | €0.07m | €0.06m | €0.4m | ▲ 465% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.02m | €0.04m | €0.03m | €0.3m | ▲ 870% |
| Profit (loss) carried forward14 | - | - | -€0.02m | - | - | - | - | - |
| Amounts payable17/49 | €0.1m | €0.05m | €0.03m | €0.02m | €0.02m | €0.1m | €0.5m | ▲ 414% |
| Amounts payable after more than one year17 | €0.07m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.07m | €0.05m | €0.03m | €0.02m | €0.02m | €0.1m | €0.5m | ▲ 431% |
| Trade debts44 | €0.07m | €0.04m | €0.03m | €0.02m | €0.01m | €0.05m | €0.3m | ▲ 385% |
| Suppliers440/4 | - | - | - | €0.02m | €0.01m | €0.05m | €0.3m | ▲ 385% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.04m | €0.05m | ▲ 6.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.002m | €0.003m | - | €0.1m | - |
| Taxes450/3 | - | - | - | €0.001m | €0.003m | - | €0.1m | - |
| Remuneration and social security454/9 | - | - | - | €0.001m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.08m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €447 | €0.004m | €0.002m | ▼ 54.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.009m | -€0.1m | -€0.08m | €0.04m | €0.02m | -€0.006m | €1.1m | - |
| + Depreciation and write-downs630 | €0.003m | €0.002m | €0.002m | €0.002m | €0.003m | €0.001m | €0.001m | = |
| Operating cash flow (approximation) | -€0.007m | -€0.1m | -€0.08m | €0.04m | €0.02m | -€0.005m | €1.1m | - |
| Investment in fixed assets (approximation) | - | €0 | -€0.002m | -€0.001m | -€0.007m | €0 | €0 | - |
| Change in cash | - | €0.001m | €0.004m | €0.07m | -€0.06m | €0.02m | €0.5m | ▲ 31× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as ADDED VALUE has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of ADDED VALUE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for ADDED VALUE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00032402 | |
| 30-06-2024 | micro format | 04-02-2025 | 2025-00028105 | |
| 30-06-2023 | micro format | 29-02-2024 | 2024-00036575 | |
| 30-06-2022 | micro format | 07-02-2023 | 2023-00024100 | |
| 30-06-2021 | micro format | 15-02-2022 | 2022-05700293 | |
| 30-06-2020 | micro format | 16-02-2021 | 2021-05500515 | |
| 30-06-2019 | micro format | 04-02-2020 | 2020-04300345 | |
| 30-06-2018 | micro format | 08-02-2019 | 2019-04700541 | |
| 30-06-2017 | micro format | 28-02-2018 | 2018-05800081 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03500344 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 25-01-2024 Converted to unavailable equity
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, tenzij waarvoor volgens wet algemene vergadering bevoegd is, 1”
Articles of association, deed of 25-01-2024 (in Dutch)
Network & group
ADDED VALUE shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of ADDED VALUE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
05-10
Gazette deed
Registered office moved from Elsene to BeringenNew seat: Lochtemanweg 22 3580 Beringen · Previous seat: Louizalaan 523 1050 Elsene · Purpose change6 points ▸
- General meeting, “buitengewone algemene vergadering der aandeelhouders, bij uittreksel” (deed in Dutch)
- Registered-office move, Lochtemanweg 22 3580 Beringen
- Other provision, “verslag bestuursorgaan-voorlezing, voorzitter” (deed in Dutch)
- Purpose change
- Power of attorney
- Power of attorney, Rembert VAN BAEL
25-01
Gazette deed
Appointment: Vandepitte Jan Maurice Henri (director)Amendment of the articles · Purpose change · Capital conversion8 points ▸
- General meeting, “rechtspersonenregister Nederlandstalige ondernemingsrechtbank te Brussel, Louizalaan 523,1050 Elsene” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Purpose change
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director appointment, Vandepitte Jan Maurice Henri (director (not named in the articles))
- Registered office clause, “1050 Brussel, Louizalaan 523” (deed in Dutch)
- Other provision, “verklaring overeenkomstig artikel 2:8 §4 WVV, enige aandeelhouder” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71004B0422/00D000 | Flanders | 6,965 m² | 1 · 3,624 m² | 7.8 m · 2 |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 |