VALAMCO
ActiveSummary
VALAMCO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €59k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 36.46 against 23.01 in 2024; short-term debt: 2.5% and cash: 9.5% of total assets), and 2.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
11.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
22 d early
2023
23 d early
2022
21 d early
2021
14 d early
2020
9 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€512k▲ 13.1%
2024 · €453k
2019: €282k
2020: €281k▼ -0.4% vs 2019lowest in 7 years
2021: €317k▲ +12.7% vs 2020
2022: €351k▲ +10.7% vs 2021
2023: €395k▲ +12.6% vs 2022
2024: €453k▲ +14.6% vs 2023
2025: €512k▲ +13.1% vs 2024highest in 7 years
2019 → 2025
Total assets
€525k▲ 11.0%
2024 · €473k
2019: €363k
2020: €294k▼ -19.0% vs 2019lowest in 7 years
2021: €334k▲ +13.5% vs 2020
2022: €363k▲ +8.8% vs 2021
2023: €415k▲ +14.3% vs 2022
2024: €473k▲ +13.8% vs 2023
2025: €525k▲ +11.0% vs 2024highest in 7 years
2019 → 2025
Net result
€59k▲ 3.1%
2024 · €57k
2019: €75k
2020: €84k▲ +12.0% vs 2019highest in 7 years
2021: €36k▼ -57.6% vs 2020
2022: €34k▼ -4.7% vs 2021lowest in 7 years
2023: €44k▲ +30.2% vs 2022
2024: €57k▲ +29.8% vs 2023
2025: €59k▲ +3.1% vs 2024
2019 → 2025
Working capital
€459k▲ 3.4%
2024 · €444k
2019: €269k
2020: €269k▼ -0.1% vs 2019lowest in 7 years
2021: €299k▲ +11.3% vs 2020
2022: €337k▲ +12.5% vs 2021
2023: €384k▲ +14.0% vs 2022
2024: €444k▲ +15.6% vs 2023
2025: €459k▲ +3.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€317k-€351k▲ 10.7%€395k▲ 12.6%€453k▲ 14.6%€512k▲ 13.1%
2021: €317klowest in 5 years
2022: €351k▲ +10.7% vs 2021
2023: €395k▲ +12.6% vs 2022
2024: €453k▲ +14.6% vs 2023
2025: €512k▲ +13.1% vs 2024highest in 5 years
Operating result€49k-€45k▼ 7.5%€63k▲ 37.8%€75k▲ 20.5%€79k▲ 4.9%
2021: €49k
2022: €45k▼ -7.5% vs 2021lowest in 5 years
2023: €63k▲ +37.8% vs 2022
2024: €75k▲ +20.5% vs 2023
2025: €79k▲ +4.9% vs 2024highest in 5 years
Net result€36k-€34k▼ 4.7%€44k▲ 30.2%€57k▲ 29.8%€59k▲ 3.1%
2021: €36k
2022: €34k▼ -4.7% vs 2021lowest in 5 years
2023: €44k▲ +30.2% vs 2022
2024: €57k▲ +29.8% vs 2023
2025: €59k▲ +3.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €525k
Fixed assets
€53k ▲ 510%
Current assets
€472k ▲ 1.7%
Equity and liabilities €525k
Equity
€512k ▲ 13.1%
Debt
€13k ▼ 35.8%
Debt's share of the balance-sheet total falls from 4.3% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▲
2024 · €78k
Cash flow
€64k▲
2024 · €60k
Current ratio
36.46▲
2024 · 23.01
Debt to equity
0.03▼
2024 · 0.04
ROE
11.6%▼
2024 · 12.7%
ROA
11.3%▼
2024 · 12.2%
Interest coverage
750.45▲
2024 · 454.31
Debt ≤ 1 year
€13k▼
2024 · €20k
Income taxes
€29k▲
2024 · €27k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€473k€525k▲
Fixed assets21/28€9k€53k▲
Tangible fixed assets22/27€9k€53k▲
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€847€47k▲
Current assets29/58€464k€472k▲
Amounts receivable after more than one year29€255k-
Other amounts receivable291€255k-
Amounts receivable within one year40/41€17k€19k▲
Trade receivables40€17k€19k▲
Current investments50/53€140k€400k▲
Cash at bank and in hand54/58€47k€50k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€473k€525k▲
Equity10/15€453k€512k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€388k€447k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€382k€441k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€20k€13k▼
Amounts payable within one year42/48€20k€13k▼
Trade debts44€1k€30▼
Suppliers440/4€1k€30▼
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48€9k€5k▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€917€789▼
Gross operating margin9900€79k€84k▲
Operating profit (loss)9901€75k€79k▲
Financial income75/76B€10k€9k▼
Recurring financial income75€10k€9k▼
Financial charges65/66B€172€111▼
Recurring financial charges65€172€111▼
Profit (loss) for the period before taxes9903€85k€88k▲
Income taxes67/77€27k€29k▲
Profit (loss) for the period9904€57k€59k▲
Profit (loss) for the period to be appropriated9905€57k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€62k▲
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer to equity691/2€57k€59k▲
To other reserves6921€57k€59k▲
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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €6k | €3k | €4k | ▲ 70.5% |
| Other operating charges640/8 | - | €489 | €514 | €917 | €789 | ▼ 14.0% |
| Gross operating margin9900 | €55k | €51k | €69k | €79k | €84k | ▲ 6.8% |
| Operating profit (loss)9901 | €49k | €45k | €63k | €75k | €79k | ▲ 4.9% |
| Financial income75/76B | - | €1k | €4k | €10k | €9k | ▼ 2.3% |
| Recurring financial income75 | - | €1k | €4k | €10k | €9k | ▼ 2.3% |
| Financial charges65/66B | - | €107 | €107 | €172 | €111 | ▼ 35.2% |
| Recurring financial charges65 | €77 | €107 | €107 | €172 | €111 | ▼ 35.2% |
| Profit (loss) for the period before taxes9903 | €49k | €46k | €67k | €85k | €88k | ▲ 4.2% |
| Income taxes67/77 | €13k | €12k | €22k | €27k | €29k | ▲ 6.5% |
| Profit (loss) for the period9904 | €36k | €34k | €44k | €57k | €59k | ▲ 3.1% |
| Profit (loss) for the period to be appropriated9905 | €36k | €34k | €44k | €57k | €59k | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334k | €363k | €415k | €473k | €525k | ▲ 11.0% |
| Fixed assets21/28 | €18k | €14k | €11k | €9k | €53k | ▲ 510% |
| Tangible fixed assets22/27 | €18k | €14k | €11k | €9k | €53k | ▲ 510% |
| Plant, machinery and equipment23 | - | €9k | €10k | €8k | €6k | ▼ 19.8% |
| Furniture and vehicles24 | - | €5k | €1k | €847 | €47k | ▲ 5,415% |
| Current assets29/58 | €316k | €349k | €404k | €464k | €472k | ▲ 1.7% |
| Amounts receivable after more than one year29 | - | €100k | €200k | €255k | - | - |
| Other amounts receivable291 | - | €100k | €200k | €255k | - | - |
| Amounts receivable within one year40/41 | €21k | €14k | €26k | €17k | €19k | ▲ 7.6% |
| Trade receivables40 | - | €12k | €26k | €17k | €19k | ▲ 7.6% |
| Other amounts receivable41 | - | €2k | - | - | - | - |
| Current investments50/53 | - | - | €150k | €140k | €400k | ▲ 186% |
| Cash at bank and in hand54/58 | €295k | €234k | €27k | €47k | €50k | ▲ 7.2% |
| Deferred charges and accrued income490/1 | - | €2k | €872 | €5k | €3k | ▼ 38.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334k | €363k | €415k | €473k | €525k | ▲ 11.0% |
| Equity10/15 | €317k | €351k | €395k | €453k | €512k | ▲ 13.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €206k | €206k | €330k | €388k | €447k | ▲ 15.3% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €200k | €324k | €382k | €441k | ▲ 15.5% |
| Profit (loss) carried forward14 | €49k | €83k | €3k | €3k | €3k | = |
| Amounts payable17/49 | €17k | €13k | €20k | €20k | €13k | ▼ 35.8% |
| Amounts payable within one year42/48 | €17k | €13k | €20k | €20k | €13k | ▼ 35.8% |
| Trade debts44 | €2k | €596 | €774 | €1k | €30 | ▼ 97.9% |
| Suppliers440/4 | - | €596 | €774 | €1k | €30 | ▼ 97.9% |
| Taxes, remuneration and social security45 | - | €3k | €12k | €10k | €8k | ▼ 22.7% |
| Taxes450/3 | - | €3k | €12k | €10k | €8k | ▼ 22.7% |
| Other amounts payable47/48 | - | €9k | €8k | €9k | €5k | ▼ 41.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €34k | €44k | €57k | €59k | ▲ 3.1% |
| + Depreciation and write-downs630 | €5k | €5k | €6k | €3k | €4k | ▲ 70.5% |
| Operating cash flow (approximation) | €40k | €39k | €50k | €60k | €64k | ▲ 5.9% |
| Investment in fixed assets (approximation) | - | €-2k | €-3k | €0 | €-49k | - |
| Change in cash | - | €-61k | €-207k | €20k | €3k | ▼ 83.1% |
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €500kEq €512k ▲13.1%
7 profitable years in a row build equity to €512k.
09-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €34k ▼4.7%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €84k ▲12%
Operating result €119k, net result €84k, both a record.
30-06
Financial
Liquidity times 5current ratio 21.51
Current ratio from 4.32 to 21.51; short-term debt falls from €81k to €13k.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Merelbeke-Melle · 1 establishment unit since 1997
Ground area
3,773 m²
Building footprint
367 m²
Volume, LiDAR
1,761 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ter Linden 6, 9052 Gent
since 19972.081.214.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44041A0196/00A000 | Flanders | 2,546 m² | 1 · 220 m² | 6.8 m · 1 fl. |
| 44082C0091/00K000 | Flanders | 1,227 m² | 1 · 147 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,466 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-12-1996
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.