VAL T
ActiveSummary
The computed 12-month bankruptcy probability of VAL T is 1.5% (moderate). The 2025 annual accounts show negative equity (€-245k) and a net result of €-21k. Equity is shrinking by ~10.2% per year across the filed fiscal years. The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-37
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.08 in 2024; short-term debt: 73.5% and cash: 10.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-180.4%
Return on assets
-15.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-245k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
28 d late
2023
5 d late
2022
8 d late
2021
19 d late
2020
9 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€23k
EBIT margin
5.5%
Net result
€-21k▼ 244%
2024 · €-6k
2018: €1khighest in 8 years
2019: €-6k▼ -626% vs 2018
2020: €-20k▼ -235% vs 2019
2021: €-35k▼ -74.8% vs 2020lowest in 8 years
2022: €-6k▲ +82.7% vs 2021
2023: €-29k▼ -375% vs 2022
2024: €-6k▲ +79.1% vs 2023
2025: €-21k▼ -244% vs 2024
2018 → 2025
Working capital
€-83k▼ 4.4%
2024 · €-80k
2018: €29khighest in 8 years
2019: €-20k▼ -169% vs 2018
2020: €-43k▼ -116% vs 2019
2021: €-74k▼ -72.8% vs 2020
2022: €-77k▼ -4.0% vs 2021
2023: €-96k▼ -24.9% vs 2022lowest in 8 years
2024: €-80k▲ +16.8% vs 2023
2025: €-83k▼ -4.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-184k-€-190k▼ 3.3%€-219k▼ 15.2%€-225k▼ 2.7%€-245k▼ 9.2%
2021: €-184khighest in 5 years
2022: €-190k▼ -3.3% vs 2021
2023: €-219k▼ -15.2% vs 2022
2024: €-225k▼ -2.7% vs 2023
2025: €-245k▼ -9.2% vs 2024lowest in 5 years
Operating result€-32k-€-2k▲ 93.7%€-25k▼ 1,129%€-4k▲ 85.0%€-16k▼ 344%
2021: €-32klowest in 5 years
2022: €-2k▲ +93.7% vs 2021highest in 5 years
2023: €-25k▼ -1129% vs 2022
2024: €-4k▲ +85.0% vs 2023
2025: €-16k▼ -344% vs 2024
Net result€-35k-€-6k▲ 82.7%€-29k▼ 375%€-6k▲ 79.1%€-21k▼ 244%
2021: €-35klowest in 5 years
2022: €-6k▲ +82.7% vs 2021
2023: €-29k▼ -375% vs 2022
2024: €-6k▲ +79.1% vs 2023highest in 5 years
2025: €-21k▼ -244% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €4k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€119k ▼ 13.0%
Current assets
€17k ▲ 146%
Key figures and ratios
EBITDA
€8k▼
2024 · €20k
Cash flow
€4k▼
2024 · €18k
Solvency
-180.4%▼
2024 · -156.3%
Current ratio
0.17▲
2024 · 0.08
Debt to equity
-1.55▲
2024 · -1.64
ROA
-15.2%▼
2024 · -4.2%
Interest coverage
1.87▼
2024 · 4.72
Debt
€381k▲
2024 · €369k
Debt ≤ 1 year
€100k▲
2024 · €86k
Debt > 1 year
€281k▼
2024 · €282k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€144k€136k▼
Fixed assets21/28€137k€119k▼
Tangible fixed assets22/27€137k€119k▼
Land and buildings22€40k€35k▼
Plant, machinery and equipment23€90k€79k▼
Furniture and vehicles24€6k€5k▼
Current assets29/58€7k€17k▲
Amounts receivable within one year40/41€3k€3k=
Trade receivables40€3k€3k=
Cash at bank and in hand54/58€4k€14k▲
Equity and liabilities
Total equity and liabilities10/49€144k€136k▼
Equity10/15€-225k€-245k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-231k€-252k▼
Amounts payable17/49€369k€381k▲
Amounts payable after more than one year17€282k€281k▼
Other amounts payable178/9€282k€281k▼
Amounts payable within one year42/48€86k€100k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€294€15k▲
Suppliers440/4€294€15k▲
Other amounts payable47/48€81k€85k▲
Accrued charges and deferred income492/3€5-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€23k€11k▼
Operating profit (loss)9901€-4k€-16k▼
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-6k€-21k▼
Profit (loss) for the period9904€-6k€-21k▼
Profit (loss) for the period to be appropriated9905€-6k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-231k€-252k▼
Profit (loss) brought forward from the previous period14P€-225k€-231k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €24k | €24k | €24k | €25k | ▲ 1.5% |
| Other operating charges640/8 | €4k | €4k | €5k | €3k | €3k | ▲ 7.3% |
| Gross operating margin9900 | €-4k | €26k | €4k | €23k | €11k | ▼ 51.5% |
| Operating profit (loss)9901 | €-32k | €-2k | €-25k | €-4k | €-16k | ▼ 344% |
| Financial income75/76B | - | - | - | €2k | - | - |
| Recurring financial income75 | - | - | - | €2k | - | - |
| Financial charges65/66B | €4k | €4k | €4k | €4k | €4k | ▲ 1.5% |
| Recurring financial charges65 | €4k | €4k | €4k | €4k | €4k | ▲ 1.5% |
| Profit (loss) for the period before taxes9903 | €-35k | €-6k | €-29k | €-6k | €-21k | ▼ 244% |
| Profit (loss) for the period9904 | €-35k | €-6k | €-29k | €-6k | €-21k | ▼ 244% |
| Profit (loss) for the period to be appropriated9905 | €-35k | €-6k | €-29k | €-6k | €-21k | ▼ 244% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €197k | €166k | €144k | €136k | ▼ 5.4% |
| Fixed assets21/28 | €207k | €183k | €159k | €137k | €119k | ▼ 13.0% |
| Tangible fixed assets22/27 | €207k | €183k | €159k | €137k | €119k | ▼ 13.0% |
| Land and buildings22 | €56k | €51k | €45k | €40k | €35k | ▼ 13.2% |
| Plant, machinery and equipment23 | €141k | €123k | €106k | €90k | €79k | ▼ 12.3% |
| Furniture and vehicles24 | €10k | €9k | €8k | €6k | €5k | ▼ 20.8% |
| Current assets29/58 | €2k | €14k | €7k | €7k | €17k | ▲ 146% |
| Amounts receivable within one year40/41 | - | - | €1k | €3k | €3k | = |
| Trade receivables40 | - | - | €1k | €3k | €3k | = |
| Cash at bank and in hand54/58 | €2k | €14k | €6k | €4k | €14k | ▲ 260% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €197k | €166k | €144k | €136k | ▼ 5.4% |
| Equity10/15 | €-184k | €-190k | €-219k | €-225k | €-245k | ▼ 9.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-190k | €-196k | €-225k | €-231k | €-252k | ▼ 9.0% |
| Amounts payable17/49 | €393k | €386k | €384k | €369k | €381k | ▲ 3.5% |
| Amounts payable after more than one year17 | €317k | €296k | €282k | €282k | €281k | ▼ 0.2% |
| Financial debts170/4 | €58k | €28k | €5k | - | - | - |
| Other amounts payable178/9 | €259k | €269k | €277k | €282k | €281k | ▼ 0.2% |
| Amounts payable within one year42/48 | €76k | €90k | €103k | €86k | €100k | ▲ 15.6% |
| Financial debts43 | €32k | €32k | €24k | €5k | - | - |
| Credit institutions430/8 | €32k | €32k | €24k | €5k | - | - |
| Trade debts44 | €912 | - | €6k | €294 | €15k | ▲ 5,001% |
| Suppliers440/4 | €912 | - | €6k | €294 | €15k | ▲ 5,001% |
| Other amounts payable47/48 | €44k | €58k | €72k | €81k | €85k | ▲ 5.0% |
| Accrued charges and deferred income492/3 | €66 | €42 | €17 | €5 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-35k | €-6k | €-29k | €-6k | €-21k | ▼ 244% |
| + Depreciation and write-downs630 | €24k | €24k | €24k | €24k | €25k | ▲ 1.5% |
| Operating cash flow (approximation) | €-11k | €18k | €-5k | €18k | €4k | ▼ 78.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €-7k | ▼ 191% |
| Change in cash | - | €11k | €-8k | €-2k | €10k | ▲ 600% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
2019
10-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 10 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaudfontaine · 1 establishment unit since 1999
Ground area
4,772 m²
Building footprint
339 m²
Volume, LiDAR
2,194 m³
Parcel 62012E0027/00Z002, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
VAL T
since 19992.091.552.206
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012E0027/00Z002 | Wallonia | 4,772 m² | 1 · 339 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-1999
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.