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TheValueChain

Active Public limited companyfounded 2011active for 15 yearsSatenrozen 10, 2550 KontichKBO/BCE: BE 0838.023.085 subsidiary of #5 employer in Kontich, Telecoms and IT sector
Part of the group 23 companies in 4 countries

Lifetime

14 annual accounts with figures on one time axis
peak €10.5m (2024)
€8.5m▼ 19.6%
peak €14.4m (2023)
€484,612▲ 18.1%
peak €16.7m (2025)
€16.7m▲ 3.0%
€20.6m▲ 2.8%
peak 108.5 FTE (2024)
80.6 FTE▼ 25.7%
Board8 names since 2014
3 directors and 2 others
Owners3 names in the annual accounts
100%
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €10.5m to €8.5mStaff from 108.5 FTE to 80.6 FTEPermanent representative: 28-11Merger proposal: THEVALUECHAIN takes over CANGURU SOLUTIONS 19-09Power of attorney: 31-015 establishments registered

Key points

from the 2025 annual accounts

Equity

€16.7m ▲ 3.0%

TheValueChain has made a profit in every financial year since 2012.

Staff

80 employees on 31-12-2025
2813202122122022301920232032202413302025

In 2025, 13 people joined and 30 left.

Payment terms

87 days to suppliers
Suppliers
83 to 87
Customers
87 to 102

TheValueChain pays its suppliers 4 days later than in 2024. Customers pay 15 days later.

At the same address

18 companies
  • PLUGNOTES establishment since 01-05-2025
  • seat since 16-01-2025
  • seat since 07-11-2023

Position in the sector

€16.7m

More equity than 95% of companies in computer programming and consultancy. Sector median €190,094 · 3,547 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 544 companies had the same profile as TheValueChain has now. Each dot stands for 2 companies, two years later.

93.8%
were still trading
5.9%
stopped another way
0.2%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 544 companies, not a prediction for TheValueChain. 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.

Credit verdict

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Signals

Board and ownership

Managing director,
Director, , since 03-05-2018
Director,
Auditor
  • 100%score equity €11.3m (2025) · 2025 annual accounts of
  • 100%equity €4.7m (2022) · 2022 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Reappointment: (managing director) Permanent representative: · Board meeting of 15-06-2026 · Gazette deed
Transfer with THEVALUECHAIN Capital increase of €82,000 to €5,850,600 · Capital from €5,768,600 to €5,850,600 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0838023085
Permanent representative: General meeting of 04-07-2025 · Gazette deed
All 39 events

Comparable companies

same main activity, similar in size and age
Company
TheValueChain Kontich €43.6m 2.1% 44.7% 80.6
Arxus Kontich €58.0m 3.8% 52.5% 82.3
NeWIN Herstal €52.4m 6.2% 54.8% 113.7
GuardSquare Leuven €29.1m 11.9% 13.3% 103.9
Signpost België Lokeren €55.3m 7.8% 24.5% 95.6
FleXSo Kontich €50.7m 5.9% 54.5% 116
NTX Geel €32.8m -4.8% 9.4% 112.9
-10%0%10%20%€50m€500m€5bnTheValueChainEBIT margin

Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as TheValueChain: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €31m and €46m, founded between 2003 and 2014.

Official details

Source: KBO
Status
Active since 20-07-2011Normal situation
Registered office
19 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
Activity
Computer consultancy and computer facilities managementNACE 62200and 1 other
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment units
2.201.108.4592550 Kontich, since 20-07-2011
2.376.623.3282550 Kontich, since 01-06-2025and 4 others
Financial year end
31 December
Peppol
Reachable since 21-12-2025
Company details

Annual accounts 2025

€37.3m▲ 2.9%
Employeeson 31-12-2025
80▼ 17.5%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on TheValueChain

TheValueChain files the abbreviated format. That format states no turnover. The gross margin rose from €681,352 in 2012 to €8.5m in 2025.

holds all the shares. In September 2026, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TheValueChain

What is the company number of TheValueChain?
The company number of TheValueChain is 0838.023.085. The VAT number is the same number with BE in front: BE 0838.023.085.
Where is TheValueChain based?
The registered office is at Satenrozen 10, 2550 Kontich.Company details
What does TheValueChain do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of TheValueChain?
TheValueChain is a public limited company (NV).
When was TheValueChain founded?
TheValueChain was founded on 20-07-2011.
Is TheValueChain still active?
Yes, TheValueChain is an active enterprise in the KBO register.
How many employees does TheValueChain have?
TheValueChain had an average of 80.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TheValueChain fall under?
In its 2025 annual accounts, TheValueChain states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of TheValueChain?
The turnover of TheValueChain was €43.6m in financial year 2025, according to the filed annual accounts.
Is TheValueChain profitable?
In financial year 2025, TheValueChain made a profit of €484,612.
Where can I find the annual accounts of TheValueChain?
TheValueChain filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TheValueChain due?
TheValueChain must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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