Val d'Or Construct (0656.752.257): financials and annual accounts

Val d'Or Construct

Brussels ·KBO/BCE: BE 0656.752.257

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	552,406	1.6m	2.8m	5.6m	5.9m	7.3m	26.2m	21.0m	3.5m
Fixed assets`21/28`	-	-	-	-	0	294,650	-	-	-
Financial fixed assets`28`	-	-	-	-	0	294,650	-	-	-
Other financial fixed assets`284/8`	-	-	-	-	-	294,650	-	-	-
Amounts receivable and cash guarantees`285/8`	-	-	-	-	-	294,650	-	-	-
Current assets`29/58`	552,406	1.6m	2.8m	5.6m	5.9m	7.0m	26.2m	21.0m	3.5m
Stocks and contracts in progress`3`	188,290	176,380	142,466	862,619	866,413	2.3m	21.5m	14.3m	3.3m
Stocks`30/36`	188,290	176,380	142,466	862,619	866,413	2.3m	21.5m	14.3m	3.3m
Property held for sale`35`	-	-	-	-	-	2.3m	21.5m	14.3m	3.3m
Amounts receivable within one year`40/41`	364,116	1.5m	2.6m	4.2m	4.8m	4.0m	3.0m	3.7m	116,749
Trade receivables`40`	127,552	155,178	153,232	502,960	448,619	115,625	1.1m	1.6m	884
Other amounts receivable`41`	236,563	1.3m	2.5m	3.7m	4.4m	3.9m	1.9m	2.1m	115,865
Cash at bank and in hand`54/58`	-	0	18,150	512,770	164,432	621,851	1.5m	3.0m	63,507
Deferred charges and accrued income`490/1`	-	-	-	-	-	-	238,000	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	552,406	1.6m	2.8m	5.6m	5.9m	7.3m	26.2m	21.0m	3.5m
Equity`10/15`	543,623	550,000	1.5m	2.5m	5.4m	5.0m	511,728	479,999	488,345
Contributions`10/11`	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	-
Capital`10`	500,000	500,000	500,000	500,000	500,000	-	-	-	500,000
Issued capital`100`	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000	500,000
Reserves`13`	50,000	50,000	1.0m	2.0m	2.0m	2.0m	847,280	-	-
Non-distributable reserves`130/1`	50,000	50,000	50,000	50,000	50,000	50,000	-	-	-
Legal reserve`130`	50,000	50,000	50,000	50,000	50,000	50,000	-	-	-
Tax-exempt reserves`132`	-	0	997,770	997,770	2.0m	2.0m	847,280	-	-
Distributable reserves`133`	-	-	0	1.0m	-	-	-	-	-
Profit (loss) carried forward`14`	-6,377	0	0	0	2.8m	2.5m	-835,552	-20,001	-11,655
Amounts payable`17/49`	8,783	1.1m	1.2m	3.1m	506,729	2.3m	25.7m	20.5m	3.0m
Amounts payable within one year`42/48`	8,783	1.1m	1.2m	3.1m	506,729	2.3m	25.7m	20.5m	3.0m
Trade debts`44`	8,783	21,873	30,953	144,877	307,864	1.2m	58,123	2.3m	1.2m
Suppliers`440/4`	8,783	21,873	30,953	144,877	307,864	1.2m	58,123	2.3m	1.2m
Advances received on contracts in progress`46`	-	-	-	-	-	-	25.6m	17.4m	596,898
Taxes, remuneration and social security`45`	0	15,840	35,333	33,099	198,865	1.1m	3,308	839,125	-
Taxes`450/3`	0	15,840	35,333	33,099	198,865	1.1m	3,308	839,125	-
Other amounts payable`47/48`	0	1.0m	1.2m	2.9m	-	-	-	-	1.2m
Income statement
Operating income`70/76A`	-	-	-	-	-	6.5m	-	-	-
Turnover`70`	-	-	-	-	-	28.6m	-	-	-
Change in stocks of work in progress, finished goods and contracts in progress`71`	-	-	-	-	-	-22.1m	-	-	-
Gross operating margin`9900`	-6,801	-33,578	95,885	45,815	801,532	-	-	-	-
Operating charges`60/66A`	-	-	-	-	-	467,014	8,107	8,046	11,516
Goods for resale, raw materials and consumables`60`	-	-	-	-	-	462,839	-	0	-
Purchases`600/8`	-	-	-	-	-	3.4m	7.2m	10.8m	-
Change in stocks: decrease (increase)`609`	-	-	-	-	-	-3.0m	-7.2m	-10.8m	-3.3m
Services and other goods`61`	-	-	-	-	-	3,307	7,239	5,980	10,383
Other operating charges`640/8`	30,462	1,067	1,113	140	64,233	868	868	2,066	1,133
Non-recurring operating charges`66A`	-	-	0	10,050	-	-	-	-	-
Operating profit (loss)`9901`	-37,264	-34,645	94,772	35,626	737,299	6.0m	-8,107	-8,046	-11,516
Financial income`75/76B`	32,789	98,541	146,711	98,778	88,765	32,350	43,453	24	-
Recurring financial income`75`	32,789	98,541	146,711	98,778	88,765	32,350	43,453	24	-
Income from current assets`751`	-	-	-	-	-	25,830	43,453	-	-
Other financial income`752/9`	-	-	-	-	-	6,521	0	24	-
Financial charges`65/66B`	476	535	351	2,007	2,187	22,682	310	324	139
Recurring financial charges`65`	476	535	351	2,007	2,187	22,682	310	324	139
Debt charges`650`	-	-	-	-	-	-	-	41	-
Other financial charges`652/9`	-	-	-	-	-	22,682	310	282	139
Profit (loss) for the period before taxes`9903`	-4,951	63,361	241,132	132,397	823,877	6.0m	35,037	-8,345	-11,655
Income taxes`67/77`	1,426	15,840	62,517	54,107	462,366	1.6m	3,308	-	-
Taxes`670/3`	-	-	-	-	-	1.6m	3,308	-	-
Profit (loss) for the period`9904`	-6,377	47,521	178,615	78,290	361,511	4.5m	31,729	-8,345	-11,655
Transfer from tax-exempt reserves`789`	0	997,770	0	1.0m	-	-	-	-	-
Transfer to tax-exempt reserves`689`	-	-	-	-	0	1.2m	847,280	-	-
Profit (loss) for the period to be appropriated`9905`	-6,377	1.0m	178,615	1.1m	361,511	3.3m	-815,551	-8,345	-11,655
Appropriation of the result
Profit (loss) to be appropriated`9906`	-6,377	1.0m	178,615	3.9m	2.8m	2.5m	-835,552	-20,001	-11,655
Profit (loss) brought forward from the previous period`14P`	-	-	0	2.8m	2.5m	-	-	-	-
Transfer from equity`791/2`	0	997,770	1.0m	-	-	-	-	-	-
Transfer to equity`691/2`	0	997,770	0	1.0m	0	50,000	-	-	-
To the legal reserve`6920`	-	-	-	-	0	50,000	-	-	-
To other reserves`6921`	0	997,770	0	1.0m	-	-	-	-	-
Profit to be distributed`694/7`	0	1.0m	1.2m	2.9m	-	-	-	-	-
Return on contributions (dividend)`694`	0	1.0m	1.2m	2.9m	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	0	0	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	11-08-2026	2026-00402952	PDF
31-12-2024	abbreviated format	26-06-2025	2025-00202394	PDF
31-12-2023	abbreviated format	20-06-2024	2024-00161557	PDF
31-12-2022	abbreviated format	04-07-2023	2023-00216583	PDF
31-12-2021	abbreviated format	19-07-2022	2022-20226314	PDF
31-12-2020	full format	03-08-2021	2021-46100219	PDF
31-12-2019	full format	05-10-2020	2020-59200371	PDF
31-12-2018	full format	16-07-2019	2019-34300049	PDF
31-12-2017	full format	14-09-2018	2018-63100257	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Change in cash	-	-18,150	-494,621	348,338	-457,418	-896,388	-1.5m	3.0m	-
Working capital	543,623	550,000	1.5m	2.5m	5.4m	4.7m	511,728	479,999	488,345
EBIT margin	-	-	-	-	-	21.1%	-	-	-
Solvency	98.4%	33.7%	55.4%	45.3%	91.4%	68.9%	2.0%	2.3%	13.8%
Current ratio	62.90	1.51	2.24	1.83	11.59	3.09	1.02	1.02	1.16
Quick ratio	41.46	1.34	2.13	1.55	9.88	2.06	0.18	0.33	0.06
Debt to equity	0.02	1.97	0.81	1.21	0.09	0.45	50.21	42.72	6.23
ROE	-1.2%	8.6%	11.5%	3.1%	6.7%	89.8%	6.2%	-1.7%	-2.4%
ROA	-1.2%	2.9%	6.4%	1.4%	6.2%	61.9%	0.1%	0.0%	-0.3%
Customer credit	-	-	-	-	-	1 day	-	-	-
Supplier credit	-	-	-	-	-	914 days	2931 days	138482 days	43702 days

Val d'Or Construct

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cash

Position in the sector

Solvency98.4%

Current ratio62.90

Return on assets-1.2%

Filed annual accounts

Filings

Key figures and ratios

Revenue breakdown

By activity 2020

By geographic market 2020

Insights on Val d'Or Construct

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