RealValue
ActiveSummary
RealValue has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€17,513) and a net result of €200. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 6% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 6 accounts on average 97 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,379 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.0% |
| 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% 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 1,379 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €424 | €777 | €1,220 | €1,050 | €878 | ▼ 16.4% |
| Other operating charges640/8 | - | €372 | €380 | €416 | €454 | ▲ 9.2% |
| Gross operating margin9900 | -€192 | €502 | -€424 | -€1,327 | €1,562 | ▲ 218% |
| Operating profit (loss)9901 | -€1,388 | -€647 | -€2,024 | -€2,793 | €230 | ▲ 108% |
| Financial charges65/66B | - | €34 | €35 | €34 | €30 | ▼ 11.1% |
| Recurring financial charges65 | €35 | €34 | €35 | €34 | €30 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | -€1,423 | -€681 | -€2,059 | -€2,827 | €200 | ▲ 107% |
| Profit (loss) for the period9904 | -€1,423 | -€681 | -€2,059 | -€2,827 | €200 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | -€1,423 | -€681 | -€2,059 | -€2,827 | €200 | ▲ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58,115 | €58,910 | €58,147 | €55,817 | €56,158 | ▲ 0.6% |
| Fixed assets21/28 | €9,461 | €10,329 | €9,616 | €8,566 | €8,587 | ▲ 0.2% |
| Tangible fixed assets22/27 | €9,461 | €10,329 | €9,616 | €8,566 | €8,587 | ▲ 0.2% |
| Land and buildings22 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Furniture and vehicles24 | - | €1,787 | €1,374 | €623 | €943 | ▲ 51.4% |
| Other tangible fixed assets26 | - | €7,042 | €6,742 | €6,443 | €6,144 | ▼ 4.6% |
| Current assets29/58 | €48,654 | €48,581 | €48,530 | €47,251 | €47,571 | ▲ 0.7% |
| Amounts receivable within one year40/41 | - | €15,233 | €15,676 | €16,121 | €18,647 | ▲ 15.7% |
| Trade receivables40 | - | €15,233 | €15,676 | €16,121 | €18,647 | ▲ 15.7% |
| Cash at bank and in hand54/58 | €33,663 | €33,348 | €32,854 | €31,130 | €28,924 | ▼ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58,115 | €58,910 | €58,147 | €55,817 | €56,158 | ▲ 0.6% |
| Equity10/15 | -€12,146 | -€12,827 | -€14,886 | -€17,713 | -€17,513 | ▲ 1.1% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €1,574 | €1,574 | €1,574 | €1,574 | €1,574 | = |
| Non-distributable reserves130/1 | - | €1,574 | €1,574 | €1,574 | €1,574 | = |
| Reserves not available under the articles1311 | - | €1,574 | €1,574 | €1,574 | €1,574 | = |
| Profit (loss) carried forward14 | -€33,721 | -€34,402 | -€36,460 | -€39,287 | -€39,087 | ▲ 0.5% |
| Amounts payable17/49 | €70,261 | €71,737 | €73,033 | €73,530 | €73,671 | ▲ 0.2% |
| Amounts payable within one year42/48 | €70,261 | €71,737 | €73,033 | €73,530 | €73,671 | ▲ 0.2% |
| Trade debts44 | €70,261 | €71,737 | €73,033 | €73,530 | €73,671 | ▲ 0.2% |
| Suppliers440/4 | - | €71,737 | €73,033 | €73,530 | €73,671 | ▲ 0.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,423 | -€681 | -€2,059 | -€2,827 | €200 | ▲ 107% |
| + Depreciation and write-downs630 | €424 | €777 | €1,220 | €1,050 | €878 | ▼ 16.4% |
| Operating cash flow (approximation) | -€999 | €96 | -€838 | -€1,777 | €1,078 | ▲ 161% |
| Investment in fixed assets (approximation) | - | -€1,645 | -€508 | €0 | -€899 | - |
| Change in cash | - | -€315 | -€493 | -€1,724 | -€2,206 | ▼ 28.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0164/00T013 | Brussels | 740 m² | 1 · 123 m² | 11.6 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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Register as of 30 September 2026 · Peppol Directory
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