Result
The result fell in 2025: different schema filed.
The result fell in 2025: different schema filed.
Nine of the last ten came late. The 2021 accounts came latest: 57 days after the end of the period.
Lower net result than 95% of companies in head offices and management consultancy. Sector median €37,500 · 10,856 companies.
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, small). It does better than 33% of them on solvency, 39% on liquidity, 2% on profitability and 8% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 5,831 companies had the same profile as ADDED VALUE SERVICES has now. Each dot stands for 15 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ADDED VALUE SERVICES itself is lower: 0.2% within 12 months. It rests on far more data about ADDED VALUE SERVICES than the profile alone.
The method was tested on the 497,447 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 5,831 companies, not a prediction for ADDED VALUE SERVICES. 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.
Liquidity is insufficient, with a current ratio of 0.27 (0.46 in 2024), below 1. Short-term debt is 14.3% and cash 0.7% of total assets. 66.4% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ADDED VALUE SERVICES Alken | €2.3m | -€103,482 | 33.6% | - |
| WIM VAN DEN BOSSCHE Hasselt | €2.0m | -€41,059 | 99.3% | 0 |
| JOSIM Hasselt | €2.3m | -€20,688 | 29.5% | - |
| CRUXIS Leuven | €2.4m | -€64,788 | 88.8% | - |
| JOVADRI Merelbeke-Melle | €2.5m | -€38,107 | 49.5% | 1 |
| XANTHI Roeselare | €2.3m | -€24,972 | 99.4% | - |
| DELEYE & CO Roeselare | €2.1m | -€111,826 | 95.9% | - |
These companies have the same main activity as ADDED VALUE SERVICES: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €2m and €2.5m, founded between 2001 and 2004.
ADDED VALUE SERVICES files the abbreviated format. That format states no turnover. The gross margin fell from €11,264 in 2006 to -€103,482 in 2025.
The balance sheet grew most from 2007 to 2008 through fixed assets, financed with long-term debt.
In July 2024, the Official Gazette published the appointment of KEMPS Louis Felix as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Amounts without an identifiable currency are taken as euros.
Higher than 34% of 10,856 companies in 2025.
Higher than 15% of 10,478 companies in 2025.
Higher than 7% of 10,725 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.3m | 2.4m | 2.5m | 1.2m | 1.8m | 1.8m | 2.0m | 2.0m | 1.8m | 2.0m | 2.0m | 2.2m | 2.3m | 2.8m | 2.9m | 2.8m | 2.2m | 2.3m | 2.2m | 155,310 | |
20 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
21/28 |
2.2m | 2.3m | 2.4m | 1.1m | 1.7m | 1.7m | 1.9m | 1.9m | 1.7m | 1.8m | 1.9m | 2.1m | 2.2m | 2.4m | 2.8m | 2.3m | 2.1m | 2.0m | 153,605 | 125,298 | |
21 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
22/27 |
2.2m | 2.3m | 2.4m | 1.1m | 1.2m | 1.2m | 1.4m | 1.4m | 1.7m | 1.8m | 1.9m | 2.1m | 2.2m | 2.4m | 2.8m | 2.3m | 2.1m | 2.0m | 153,605 | 125,298 | |
22 |
2.2m | 2.3m | 2.4m | 1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | 1.5m | 1.6m | 1.6m | 2.0m | 2.1m | 2.1m | 2.0m | 100,113 | 104,705 | |
23 |
- | - | - | - | - | 212 | 424 | 635 | 847 | 1,059 | 1,271 | 1,483 | 1,695 | 2,565 | 2,294 | 1,956 | - | 935 | 4,538 | 5,334 | |
24 |
33,747 | 49,683 | 4,446 | 1,181 | 3,434 | 4,505 | 350 | 1,048 | 9,878 | 29,012 | 25,814 | 32,492 | 3,180 | 3,491 | 227,077 | 10,958 | 8,757 | 13,402 | 5,050 | 7,095 | |
26 |
7,049 | 11,352 | 15,688 | 12,974 | 17,310 | 21,645 | 125,906 | 146,916 | 354,512 | 398,867 | 443,223 | 487,578 | 531,934 | 576,289 | 629,145 | 9,845 | 6,077 | 11,544 | 17,010 | 8,163 | |
27 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
28 |
- | - | - | - | 499,500 | 499,500 | 499,500 | 499,500 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
29/58 |
90,462 | 80,383 | 78,511 | 120,409 | 90,616 | 60,070 | 64,418 | 97,595 | 89,628 | 151,729 | 69,522 | 99,934 | 134,844 | 383,383 | 63,737 | 454,612 | 120,269 | 215,836 | 2.1m | 30,012 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | 38,478 | - | - | - | - | |
290 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 32,533 | - | - | - | - | |
291 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | 5,945 | - | - | - | - | |
3 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
37 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
40/41 |
49,428 | 12,083 | 37,160 | 95,936 | 29,112 | 33,917 | 40,172 | 55,416 | 41,291 | 74,430 | 34,007 | 57,278 | 119,411 | 103,329 | 9,215 | - | 69,577 | 44,454 | 1.6m | 20,120 | |
40 |
48,981 | 10,467 | 36,827 | 89,935 | 29,112 | 33,917 | 40,172 | 50,662 | 41,291 | 74,430 | 19,534 | 57,278 | 89,466 | 97,727 | 9,215 | - | 52,097 | - | 1.6m | 12,100 | |
41 |
447 | 1,616 | 333 | 6,001 | - | 0 | 0 | 4,754 | 0 | 0 | 14,473 | 0 | 29,945 | 5,602 | - | - | 17,480 | 44,454 | 2,286 | 8,020 | |
50/53 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
54/58 |
16,586 | 19,508 | 15,052 | 18,558 | 54,420 | 17,840 | 6,887 | 27,200 | 21,986 | 67,737 | 24,179 | 20,626 | 434 | 272,376 | 46,099 | 405,740 | 50,692 | 171,382 | 476,194 | 9,892 | |
490/1 |
24,448 | 48,792 | 26,299 | 5,915 | 7,085 | 8,313 | 17,359 | 14,979 | 26,351 | 9,562 | 11,335 | 22,030 | 14,999 | 7,678 | 8,423 | 10,394 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.3m | 2.4m | 2.5m | 1.2m | 1.8m | 1.8m | 2.0m | 2.0m | 1.8m | 2.0m | 2.0m | 2.2m | 2.3m | 2.8m | 2.9m | 2.8m | 2.2m | 2.3m | 2.2m | 155,310 | |
10/15 |
780,577 | 1.1m | 1.1m | -309,761 | -224,853 | -265,382 | -117,651 | 12,962 | 421,148 | 425,774 | 315,355 | 536,929 | 767,552 | 1.0m | 1.2m | 1.0m | 712,624 | 741,838 | 716,565 | 77,439 | |
10/11 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.1m | 662,000 | 662,000 | 662,000 | 62,000 | |
10 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.5m | 1.1m | 662,000 | 662,000 | 662,000 | 62,000 | |
101 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
11 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
12 |
1.3m | 1.3m | 1.4m | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
13 |
160,082 | 124,494 | 88,905 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 79,838 | 54,565 | 15,439 | |
130/1 |
5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | |
130 |
5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 5,284 | 4,020 | 2,064 | |
1311 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1312 |
- | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
1313 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
133 |
154,798 | 119,210 | 83,621 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 74,554 | 50,544 | 13,375 | |
14 |
-2.2m | -1.9m | -1.8m | -1.9m | -1.8m | -1.8m | -1.7m | -1.5m | -1.1m | -1.1m | -1.2m | -1.0m | -789,286 | -519,389 | -370,496 | -111,963 | -29,214 | - | - | - | |
15 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
19 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
160 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
161 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
163 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
168 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
17/49 |
1.5m | 1.4m | 1.4m | 1.5m | 2.0m | 2.1m | 2.1m | 2.0m | 1.4m | 1.5m | 1.7m | 1.6m | 1.6m | 1.7m | 1.7m | 1.7m | 1.5m | 1.5m | 1.5m | 77,871 | |
17 |
1.2m | 1.2m | 1.2m | 1.2m | 1.7m | 1.7m | 1.7m | 1.7m | 1.2m | 1.4m | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.5m | 1.4m | 1.4m | 1.5m | 53,185 | |
170/4 |
1.2m | 1.2m | 1.2m | 1.2m | 1.7m | 1.7m | 1.7m | 1.7m | 1.2m | 1.4m | 1.4m | 1.4m | 1.4m | 1.5m | 1.5m | 1.5m | 1.4m | 1.4m | 1.5m | 53,185 | |
175 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
176 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
42/48 |
332,039 | 173,848 | 181,030 | 289,168 | 283,363 | 351,319 | 365,409 | 299,514 | 154,734 | 142,710 | 270,865 | 217,654 | 157,223 | 242,925 | 161,650 | 195,808 | 105,683 | 83,323 | 59,393 | 24,686 | |
42 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 1,604 | 17,208 | 62,051 | 58,378 | 57,673 | 49,900 | 22,658 | 25,216 | 24,420 | 12,768 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | 2,172 | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,172 | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
44 |
28,822 | 22,871 | 39,433 | 48,197 | 15,399 | 5,997 | 6,465 | 26,048 | 3,936 | 12,942 | 15,599 | 42,135 | 82,508 | 10,721 | 25,595 | 48,862 | 17,555 | 3,284 | 5,745 | 916 | |
440/4 |
28,822 | 22,871 | 39,433 | 48,197 | 15,399 | 5,997 | 6,465 | 26,048 | 3,936 | 12,942 | 15,599 | 42,135 | 82,508 | 10,721 | 25,595 | 48,862 | 17,555 | 3,284 | 5,745 | 916 | |
441 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
46 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
45 |
21,193 | 17,915 | 34,052 | 37,029 | 19,043 | 55,244 | 43,337 | 38,970 | 45,852 | 15,523 | 12,931 | 12,826 | 10,493 | 12,312 | 22,824 | 4,941 | - | 16,192 | 29,151 | 6,703 | |
450/3 |
16,672 | 13,551 | 15,458 | 20,306 | 4,840 | 50,024 | 32,770 | 29,090 | 37,395 | 7,910 | 3,592 | 6,058 | 2,360 | 4,526 | 16,678 | - | - | 16,192 | 29,151 | 5,151 | |
454/9 |
4,521 | 4,364 | 18,594 | 16,723 | 14,203 | 5,220 | 10,567 | 9,880 | 8,456 | 7,613 | 9,340 | 6,768 | 8,133 | 7,786 | 6,146 | 4,941 | - | - | - | 1,552 | |
47/48 |
282,024 | 133,061 | 107,545 | 203,942 | 248,922 | 290,078 | 315,607 | 234,496 | 104,947 | 114,245 | 240,731 | 145,485 | 0 | 161,513 | 55,558 | 92,104 | 65,470 | 38,632 | 77 | 4,299 | |
492/3 |
7,200 | - | - | 37,229 | 9,990 | 16,545 | 18,300 | 3,211 | 1,530 | 1,603 | 763 | 1,500 | 1,500 | 3,050 | 4,008 | 2,249 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
76A |
- | - | - | 14,084 | 1,994 | 0 | 0 | 8,177 | 134,160 | 125,000 | 5,392 | 0 | 67 | 84,505 | - | - | 109 | - | - | 7,453 | |
9900 |
-103,482 | 154,146 | 299,609 | 140,506 | 263,604 | 260,435 | 290,700 | 176,974 | 336,045 | 351,269 | 29,765 | 53,156 | 17,660 | 62,770 | 81,854 | 175,769 | 95,010 | 234,994 | 95,337 | 11,264 | |
60/61 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
62 |
36,733 | 70,395 | 165,150 | 147,971 | 131,939 | 89,009 | 116,766 | 117,448 | 99,454 | 87,097 | 83,756 | 75,410 | 71,153 | 71,085 | 57,150 | 54,765 | - | - | - | - | |
630 |
119,213 | 116,022 | 78,699 | 63,113 | 65,511 | 65,142 | 75,016 | 74,975 | 115,851 | 123,541 | 144,894 | 189,894 | 182,621 | 183,987 | 227,010 | 166,648 | 115,142 | 99,689 | 24,952 | 12,953 | |
631/4 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
640/8 |
8,865 | 8,874 | 7,826 | 9,295 | 8,431 | 11,863 | 29,163 | 35,358 | 28,282 | 14,166 | 12,830 | 19,173 | 19,242 | 17,577 | 27,918 | 23,999 | 7,625 | 6,246 | 4,066 | 1,949 | |
649 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
66A |
- | - | - | - | - | 131,235 | 85,792 | 260,151 | 0 | 0 | 0 | 0 | 2,497 | - | - | - | - | - | - | - | |
9901 |
-268,293 | -41,144 | 47,934 | -79,872 | 57,723 | -36,814 | -16,036 | -310,959 | 92,458 | 126,465 | -211,714 | -231,321 | -255,357 | -209,879 | -230,224 | -69,643 | -27,757 | 129,059 | 66,320 | -3,638 | |
75/76B |
4 | 5 | 6 | 9 | 1 | 2 | 1 | 1 | 1 | 1 | 53 | 9,269 | 276 | 382 | 812 | 153 | 2,169 | 6,210 | 691 | 683 | |
75 |
4 | 5 | 6 | 9 | 1 | 2 | 1 | 1 | 1 | 1 | 53 | 9,269 | 276 | 382 | 812 | 153 | 2,169 | 6,210 | 691 | 683 | |
76B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
6,235 | 6,866 | 8,695 | 4,193 | 15,493 | 110,335 | 114,201 | 97,228 | 97,085 | 16,047 | 14,915 | 8,570 | 12,469 | 23,723 | 13,537 | 13,259 | 3,736 | 103,074 | 3,719 | 4,237 | |
65 |
6,235 | 6,866 | 8,695 | 4,193 | 15,493 | 110,335 | 114,201 | 97,228 | 97,085 | 16,047 | 14,915 | 8,570 | 12,469 | 23,723 | 13,537 | 13,259 | 3,736 | 103,074 | 3,719 | 4,237 | |
66B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-274,524 | -48,005 | 39,245 | -84,056 | 42,231 | -147,147 | -130,236 | -408,187 | -4,626 | 110,419 | -221,185 | -230,623 | -269,980 | -148,714 | -242,949 | -82,749 | -29,214 | 32,195 | 63,292 | 261 | |
67/77 |
1 | 1,015 | 362 | 852 | 1,701 | 584 | 377 | 0 | 0 | 0 | 389 | 0 | -83 | 179 | 15,584 | - | - | 6,922 | 24,167 | 1,923 | |
9904 |
-274,525 | -49,020 | 38,883 | -84,908 | 40,529 | -147,730 | -130,613 | -408,187 | -4,626 | 110,419 | -221,573 | -230,623 | -269,897 | -148,893 | -258,533 | -82,749 | -29,214 | 25,273 | 39,126 | -1,662 | |
789 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
9905 |
-274,525 | -49,020 | 38,883 | -84,908 | 40,529 | -147,730 | -130,613 | -408,187 | -4,626 | 110,419 | -221,573 | -230,623 | -269,897 | -148,893 | -258,533 | -82,749 | -29,214 | 25,273 | 39,126 | -1,662 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-2.2m | -1.9m | -1.8m | -1.9m | -1.8m | -1.8m | -1.7m | -1.5m | -1.1m | -1.1m | -1.2m | -1.0m | -789,286 | -519,389 | -370,496 | -111,963 | -29,214 | 25,273 | 39,126 | -1,662 | |
14P |
-1.9m | -1.8m | -1.9m | -1.8m | -1.8m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | 1,662 | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | 25,273 | 39,126 | - | |
691 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | 1,264 | 1,956 | - | |
6921 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | 24,009 | 37,169 | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | |
694 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | |
696 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
1 | 1 | 1.5 | 1.5 | 1.3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | |
Hours worked1013 |
908 | 1,391 | 2,631 | 2,639 | 2,172 | 1,365 | 1,747 | 1,732 | 1,763 | 1,700 | 1,710 | 1,618 | 1,725 | 1,756 | 1,732 | 1,729 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-08-2026.
2025 annual accounts filed 25 days after the deadline. Filed on 25 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00421737.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 25-08-2026 | 2026-00421737 | |
| 31-12-2024 | micro format | 26-08-2025 | 2025-00404609 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00391850 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00428528 | |
| 31-12-2021 | abbreviated format | 26-09-2022 | 2022-20435068 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-57500006 | |
| 31-12-2019 | micro format | 03-09-2020 | 2020-50500428 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-27100593 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55000304 | |
| 31-12-2016 | micro format | 28-08-2017 | 2017-48000219 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-51400096 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-52800300 | |
| 31-12-2013 | abbreviated format | 31-08-2014 | 2014-54500406 | |
| 31-12-2012 | abbreviated format | 31-08-2013 | 2013-52500289 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-55700527 | |
| 31-12-2010 | abbreviated format | 13-07-2011 | 2011-29300203 | |
| 31-12-2009 | abbreviated format | 30-07-2010 | 2010-36700527 | |
| 31-12-2008 | abbreviated format | 23-09-2009 | 2009-77400181 | |
| 31-12-2007 | abbreviated format | 23-06-2008 | 2008-27600210 | |
| 31-12-2006 | abbreviated format | 03-07-2007 | 2007-34400254 | |
| 31-12-2005 | abbreviated format | 09-06-2006 | 2006-22300671 | |
| 31-12-2004 | abbreviated format | 07-06-2005 | 2005-21800093 | |
| 31-12-2003 | abbreviated format | 16-06-2004 | 2004-25703354 | |
| 31-12-2002 | abbreviated format | 06-06-2003 | 2003-20302884 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -149,080 | 74,878 | 126,632 | -16,760 | 123,234 | 28,328 | 58,980 | -235,984 | 208,309 | 250,006 | -66,821 | -41,428 | -72,736 | -25,892 | -3,214 | 97,005 | 87,385 | 228,748 | 91,271 | 9,315 | ||
| -155,312 | 67,002 | 117,581 | -21,796 | 106,040 | -82,588 | -55,597 | -333,211 | 111,225 | 233,960 | -76,680 | -40,729 | -87,276 | 35,094 | -31,523 | 83,899 | 85,928 | 124,962 | 64,077 | 11,291 | ||
| 0 | 57,950 | 14,112 | 27,239 | 983 | 118,149 | 67,704 | 595,250 | 1,048 | 24,438 | 7,090 | 39,873 | 11,960 | 2,882 | 757,794 | 349,578 | 181,197 | 2.0m | 53,258 | 4,800 | ||
| -2,922 | 4,456 | -3,506 | -35,862 | 36,580 | 10,953 | -20,313 | 5,214 | -45,751 | 43,559 | 3,553 | 20,192 | -271,941 | 226,277 | -359,641 | 355,048 | -120,689 | -304,812 | 466,302 | - | ||
| -241,578 | -93,465 | -102,518 | -168,759 | -192,747 | -291,249 | -300,991 | -201,920 | -65,106 | 9,018 | -201,344 | -117,720 | -22,379 | 140,459 | -97,913 | 258,804 | 14,585 | 132,513 | 2.0m | 5,326 | ||
| 33.6% | 43.4% | 44.4% | -25.5% | -12.7% | -14.7% | -6.0% | 0.6% | 23.7% | 21.6% | 15.9% | 24.9% | 32.7% | 37.5% | 41.0% | 37.4% | 31.9% | 32.8% | 32.0% | 49.9% | ||
| 0.27 | 0.46 | 0.43 | 0.42 | 0.32 | 0.17 | 0.18 | 0.33 | 0.58 | 1.06 | 0.26 | 0.46 | 0.86 | 1.58 | 0.39 | 2.32 | 1.14 | 2.59 | 35.11 | 1.22 | ||
| 1.97 | 1.30 | 1.25 | - | - | - | - | - | 3.22 | 3.63 | 5.30 | 3.02 | 2.05 | 1.66 | 1.44 | 1.67 | 2.13 | 2.05 | 2.12 | 1.01 | ||
| -35.2% | -4.6% | 3.5% | - | - | - | - | - | -1.1% | 25.9% | -70.3% | -43.0% | -35.2% | -14.4% | -21.8% | -8.0% | -4.1% | 3.4% | 5.5% | -2.1% | ||
| -11.8% | -2.0% | 1.6% | -7.0% | 2.3% | -8.2% | -6.6% | -20.3% | -0.3% | 5.6% | -11.2% | -10.7% | -11.5% | -5.4% | -8.9% | -3.0% | -1.3% | 1.1% | 1.7% | -1.1% | ||
| -23.91 | 10.91 | 14.56 | -4.00 | 7.95 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 2 | 2 | 2 |
| full-time | - | - | 1 | 1 | 1 |
| part-time | 1 | 1 | 1 | 1 | 1 |
| in full-time equivalents | 0.5 | 0.5 | 1.5 | 1.5 | 1.5 |
| 0.5 | 0.8 | 1.5 | 1.5 | 1.3 | |
| On a permanent contract | 1 | 1 | 2 | 2 | 2 |
| Joined | - | - | - | - | 1 |
| Left | - | - | - | - | 0 |
| Training hours | - | - | - | - | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €57,950 | €14,112 | €27,239 | €983 |
| €119,213 | €116,022 | €78,699 | €63,113 | €65,511 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €268,293, larger than the loss of €41,144 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total rises from 56.6% to 66.4%. Equity is lower and debt is higher.
ADDED VALUE SERVICES has no parent and no holdings in its annual accounts.
| CONNECT GROUP
registered office since 04-07-2025 · founded in 2025 · negative equity (2025) |
total assets €1.2m (2025) 1025.151.527 |
| LOUIS KEMPS MANAGEMENT
registered office since 05-02-2025 · founded in 2025 |
total assets €41,325 (2025) 1019.638.363 |
| MENSURA Service Externe de Prévention et de Protection au travail via KEMPS Louis Felix, no longer at MENSURA Service Externe de Prévention et de Protection au travail · Director · deed of 22-09-2011 founded in 1968 |
715 FTE (2025) |
| Ed. Proj. Epsilon via KEMPS Louis Felix, no longer at Ed. Proj. Epsilon · Director · deed of 07-10-2011 founded in 2011 · group PATRONALE LIFE |
turnover €3.3m (2025) |
| Certimed via KEMPS Louis Felix, no longer at Certimed · Director · deed of 26-05-2008 founded in 1967 |
41 FTE (2025) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Hameestraat 93 registered office 3570 Alken | 06-02-2002 | 2.101.540.929 |
| Ilgatlaan 15 3500 Hasselt 73200 Market research and public opinion polling | 29-02-2024 | 2.356.710.020 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73302F0806/00W000 | 6,808 m² | 1 · 461 m² | 7.8 m · 2 |
| 71328D0379/00Z000 | 2,312 m² | 1 · 805 m² | 15.6 m · 5 |
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