VAL SOFTWARE.BE
Dissolved and wound upFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 3 filings
Amounts without an identifiable currency are taken as euros.
Equity
-€129,737▼ 199%
2024 · -€43,325
Total assets
€28,367▼ 76.4%
2024 · €120,340
Net result
-€86,411▼ 34.7%
2024 · -€64,129
Working capital
-€129,737▼ 199%
2024 · -€43,325
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€75,859
▼ 42.9%
2025
20232025
Net result
-€86,411
▼ 34.7%
2025
20232025
Equity
-€129,737
▼ 199%
2025
20232025
Total assets
€28,367
▼ 76.4%
2025
20232025
Debt
€158,104
▼ 3.4%
2025
20232025
Working capital
-€129,737
▼ 199%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€18,232--€53,070-€75,859▼ 42.9%
Net result€3,515--€64,129-€86,411▼ 34.7%
Equity€20,803--€43,325-€129,737▼ 199%
Total assets€362,515-€120,340▼ 66.8%€28,367▼ 76.4%
Debt€341,712-€163,666▼ 52.1%€158,104▼ 3.4%
Working capital€20,803--€43,325-€129,737▼ 199%
The operating result for 2025 is a loss of €75,859, larger than the loss of €53,070 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Solvency
-457.4%▼
2024 · -36.0%
Current ratio
0.18▼
2024 · 0.74
ROA
-304.6%▼
2024 · -53.3%
Debt ≤ 1 year
€158,104▼
2024 · €163,666
Income taxes
€767▲
2024 · -€397
Staff costs
€64,419▼
2024 · €116,423
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €218,217 | €116,423 | €64,419 | ▼ 44.7% |
| Other operating charges640/8 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €236,833 | €63,740 | -€11,040 | - |
| Operating profit (loss)9901 | €18,232 | -€53,070 | -€75,859 | ▼ 42.9% |
| Financial charges65/66B | €11,397 | €11,456 | €9,786 | ▼ 14.6% |
| Recurring financial charges65 | €11,397 | €11,456 | €9,786 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €6,834 | -€64,526 | -€85,645 | ▼ 32.7% |
| Income taxes67/77 | €3,319 | -€397 | €767 | - |
| Profit (loss) for the period9904 | €3,515 | -€64,129 | -€86,411 | ▼ 34.7% |
| Profit (loss) for the period to be appropriated9905 | €3,515 | -€64,129 | -€86,411 | ▼ 34.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €362,515 | €120,340 | €28,367 | ▼ 76.4% |
| Current assets29/58 | €362,515 | €120,340 | €28,367 | ▼ 76.4% |
| Amounts receivable within one year40/41 | €312,822 | €13,287 | €3,913 | ▼ 70.6% |
| Trade receivables40 | €312,822 | €12,512 | - | - |
| Other amounts receivable41 | - | €775 | €3,913 | ▲ 405% |
| Cash at bank and in hand54/58 | €42,588 | €104,298 | €24,454 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | €7,106 | €2,755 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €362,515 | €120,340 | €28,367 | ▼ 76.4% |
| Equity10/15 | €20,803 | -€43,325 | -€129,737 | ▼ 199% |
| Contributions10/11 | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | €8,803 | -€55,325 | -€141,737 | ▼ 156% |
| Amounts payable17/49 | €341,712 | €163,666 | €158,104 | ▼ 3.4% |
| Amounts payable within one year42/48 | €341,712 | €163,666 | €158,104 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | €13,287 | - | - | - |
| Trade debts44 | €142,883 | €32,366 | €5,055 | ▼ 84.4% |
| Suppliers440/4 | €142,883 | €32,366 | €5,055 | ▼ 84.4% |
| Taxes, remuneration and social security45 | €25,319 | €14,411 | €93 | ▼ 99.4% |
| Taxes450/3 | €5,205 | €185 | €93 | ▼ 49.8% |
| Remuneration and social security454/9 | €20,114 | €14,226 | - | - |
| Other amounts payable47/48 | €160,223 | €116,889 | €152,956 | ▲ 30.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,515 | -€64,129 | -€86,411 | ▼ 34.7% |
| Operating cash flow (approximation) | €3,515 | -€64,129 | -€86,411 | ▼ 34.7% |
| Change in cash | - | €61,710 | -€79,844 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.