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VALAPI

Active Private limited companyfounded 2021active for 5 yearsChemin Longues Aulnes 7, 1430 RebecqKBO/BCE: BE 0770.425.963

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €2,956 (2024)
-€2,384▼ €5,340
lowest -€10,533 (2025)
-€10,533▼ €10,205
peak €316 (2022)
-€19,972▼ €10,533
€62,326▲ 7.1%
Board1 name since 2021
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €2,956 to -€2,384Loss of €10,533Equity from -€9,439 to -€19,972Cash from €6,637 to €12,068

Key points

from the 2025 annual accounts

Equity

-€19,972
2022202320242025

Debts exceed assets in financial year 2025.

Losses

-€24,972 in four years
-4,6842022-9,4262023-3282024-10,5332025

Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€62,326 147% of the balance sheet
Suppliers 65%Taxes and wages 34%Other 2%

Filings

4 annual accounts 1 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came 31 days late. The other three were filed on time.

Position in the sector

-47.2%

Lower solvency than 87% of companies in retail trade. Sector median 33.1% · 22,909 companies.

Turnover not published (micro format)

Checked score

52
Fair
Financially stronger than 13% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.9% 01-2025: 1.8%▼ -0.1 percentage points vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.5%▼ -0.3 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025lowest value 05-2025: 1.6%▲ +0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▼ -0.1 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.7%▼ -0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 2.0%▼ -0.3 percentage points vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026 11-2026: 2.0%● unchanged vs 10-2026

Financial strength
Weak

0-6equity -47.2% of total assets
36+19short-term debt 147.2% · cash 28.5%
0-33return on assets -24.9%

Score breakdown

raises risk
Negative equity -€19,972
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €42,354
Liquidity: current ratio 0.66, cash €12,068
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 33% on liquidity, 6% on profitability and 5% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,008 companies had the same profile as VALAPI has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of VALAPI itself: 2.0% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 6,008 companies, not a prediction for VALAPI. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.66 (0.78 in 2024), below 1. Short-term debt is 147.2% and cash 28.5% of total assets. Equity is negative.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €42,354
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.66, cash €12,068
NBB · annual accounts
raises risk · Negative equity -€19,972
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€19,972
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filings
Deviation from the deadline
2025
31 days late
2024
5 days early
2023
12 days early
2022
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average on the deadline day. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BV
Director, since 28-06-2021
  • BERTRAND Valentin Claude Sabinne 1,000 sharesdeed of 30-06-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0770425963
Incorporation Founding capital of €5,000, 1,000 shares · Founder: BERTRAND Valentin Claude Sabinne · Appointment: BERTRAND Valentin Claude Sabinne (director) · published on 30-06-2021 · Gazette deed
First establishment Chemin Longues Aulnes 7, Rebecq
All 8 events

Comparable companies

same main activity, similar in size and age
Company
VALAPI Rebecq €42,354 -€2,384 -47.2% -
SECODO Wavre €36,350 -€7,291 27.6% -
Elista Aalst €42,603 -€4,915 42.1% -
MAJESTIC PADEL Bruges €44,056 -€10,145 -131.0% -
ALOSTA DARTS Aalst €59,433 -€13,904 91.1% -
BM-Management Bassenge €60,018 -€6,728 43.5% -
Fly With Roby Zaventem €38,735 -€4,046 -43.2% -

These companies have the same main activity as VALAPI: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €36,400 and €60,000, founded between 2020 and 2023.

Official details

Source: KBO
Status
Active since 28-06-2021Normal situation
Activity
Retail sale of other sporting goodsNACE 47639and 1 other
Establishment unit
2.318.728.5801430 Rebecq, since 28-06-2021
Financial year end
31 December
Peppol
Reachable since 06-07-2021
Company details

Annual accounts 2025

-€2,384
€10,533▲ 32×
-€19,972▼ 112%
€42,354▼ 13.1%
≈ 0.1 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on VALAPI

VALAPI files the micro format. That format states no turnover. The gross margin rose from -€3,918 in 2022 to -€2,384 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
-€2,384
▼ €5,340
-€8,526
▼ €9,833
-€10,533
▼ €10,205
-€21,448
▼ €8,650
-47.2%
▼ 27.8 percentage points
0.66
▼ 0.12

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €42,354 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-47.2%

Higher than 13% of 22,909 companies in 2025.

0.66

Higher than 18% of 22,039 companies in 2025.

-24.9%

Higher than 10% of 22,189 companies in 2025.

VALAPI Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 42,35448,76015,28513,075
21/28 1,4753,3592,760-
22/27 1,4753,3592,760-
24 1,4753,3592,760-
29/58 40,87845,40112,52513,075
3 24,82524,8257,908-
30/36 24,82524,8257,908-
40/41 3,98613,8341,96312,717
40 3,37011,6029972,521
41 6162,23296610,196
54/58 12,0686,6372,574358
490/1 -10579-
Balance sheet: equity and liabilities
10/49 42,35448,76015,28513,075
10/15 -19,972-9,439-9,111316
10/11 5,0005,0005,0005,000
14 -24,972-14,439-14,111-4,684
17/49 62,32658,19924,39612,759
42/48 62,32658,19924,39612,759
44 40,40235,54314,01011,644
440/4 40,40235,54314,01011,644
45 20,93912,5157,2381,116
450/3 19,79312,5157,2381,116
454/9 1,146---
47/48 98510,1413,148-
Income statement
9900 -2,3842,956-8,917-3,918
62 3,290---
630 1,8831,318220-
640/8 969332-111
9901 -8,5261,307-9,137-4,029
75/76B 1936230298
75 1936230298
65/66B 1,8131,42127650
65 1,8131,42127650
9903 -10,320-79-9,183-3,781
67/77 213249243903
9904 -10,533-328-9,426-4,684
9905 -10,533-328-9,426-4,684
Appropriation of the result
9906 -24,972-14,439-14,111-4,684
14P -14,439-14,111-4,684-
Document PDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00478911.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00478911 PDF
31-12-2024 micro format 26-07-2025 2025-00312339 PDF
31-12-2023 micro format 19-07-2024 2024-00266004 PDF
31-12-2022 micro format 18-07-2023 2023-00245748 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
-6,6432,625-8,917-
-8,650990-9,206-
01,9162,981-
5,4314,0632,216-
-21,448-12,798-11,871316
-47.2%-19.4%-59.6%2.4%
0.660.780.511.02
0.260.350.191.02
-24.9%-0.7%-61.7%-35.8%
-3.661.85-32.28-

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets-€1,916€2,981-
€1,883€1,318€220-

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on VALAPI

The operating result for 2025 is a loss of €8,526, after a profit of €1,307 in 2024.

Equity is negative. Debt (€62,326) exceeds the balance-sheet total (€42,354).

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 28-06-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée…”
deed of 30-06-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
BERTRAND Valentin Claude Sabinne
Director (not named in the articles)
Board
Mandates as a list
  • BERTRAND Valentin Claude Sabinne
    • Director (not named in the articles), from 28-06-2021 to date

See the board, name and registered office on a given date →

Control

This company
VALAPI
Equity -€19,972
Loss €10,533 in 2025

Capital

Contribution
€5,000
Shares
1,000
Contribution per share
€5
Equity per share
-€19.97 in 2025
Source
deed of 30-06-2021

Articles of association

deed of 30-06-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant et moitié acquéreur(s) proportionnellement nombre actions acquises, organe d'administration”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

At incorporation deed of 30-06-2021 ↗

Network & group

No group

VALAPI has no parent and no holdings in its annual accounts. BERTRAND Valentin Claude Sabinne is the only director. VALAPI shares no director with another company.

At the same address

Chemin Longues Aulnes 7, 1430 Rebecq · 1 other company
Bertrand, Valentin (sole trader)
establishment since 11-10-2006
founded in 2019
0884.498.854

Timeline

Timeline

8 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Weakest financial year net -€10,533 The net result drops to -€10,533, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 5 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 12 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 13 days before the deadline
2021
Registered in the Peppol Directory Reachable for e-invoices through 0208:0770425963
IncorporationFounding capital of €5,000, 1,000 shares · Founder: BERTRAND Valentin Claude Sabinne · Appointment: BERTRAND Valentin Claude Sabinne (director) · published on 30-06-20215 points ▸

Open the deed in the Belgian Official Gazette

First establishment Chemin Longues Aulnes 7, Rebecq

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VALAPI was incorporated on 28 June 2021 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2021, BERTRAND Valentin Claude Sabinne has served as director.3 Total assets rose from €13,075 in 2022 to €42,354 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-06-2021
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0770.425.963
VAT number
BE 0770.425.963
Peppol ID
0208:0770425963
Legal form
Private limited company
Status
Active, normal situation
Founded
28-06-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00
deed of 30-06-2021 (in French)
Peppol
Reachable since 06-07-2021Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VALAPI in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-06-2021 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
70220 Business consulting
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les prestations de services de management,de conseil,de consultance,d’expertise technique,de gestion et d’organisation d’entreprises,de…”
10 activities
  1. Les prestations de services de management,de conseil,de consultance,d’expertise technique,de gestion et d’organisation d’entreprises,de lobbying,d’intermédiaire(notamment commercial),de mise en contact,de mise à disposition,d’assistance,de formation,de renseignements dans son sens le plus large et notamment mais non exclusivement:gestion journalière de sociétés,gestion des relations publiques,analyses de besoins,études techniques et scientifiques,études de marché,méthode de marketing,télémarketing et de commercialisation de services/produits,études de sécurité,économiques,juridiques et fiscales,restructuration d’entreprises,analyses financières,organisation et gestion des ressources humaines,administratives;la gestion de projets,la mise en place de solutions dans les domaines financiers,administratifs,organisationnels et informatiques;la mise en place de solutions et de stratégie dans les domaines de la sécurité,de la communication,de l’audiovisuel,les télécommunications et des multimédias,du projet management et coaching,de la surveillance,de la protection;la conception,le développement ou l’exploitation de toute solution mécanique,informatique,électronique ou combinaisons d’entre elles dans les domaines«verts»;
  2. Toutes activités de coaching,de formation,de consultance,de conseil et d’accompagnement au développement humain au sens le plus large du terme,personnel et professionnel pour tout public dans les domaines,et sans que cette liste ne soit limitative,de la communication,la vente et les activités commerciales,le marketing,le management,self management,change management,management académique,ressources humaines,créativité,artistique,sportifs,etc.;
  3. Toutes activités en rapport direct ou indirect avec l’organisation de team building;avec la médiation et gestion des conflits;avec la favorisation et le transfert de connaissances ou de compétences techniques comme humaines(savoirs,savoir-être,savoir-faire,faire-savoir);avec la création,la gestion,la conception,la promotion,l’organisation,l’animation,la coordination d’évènements en tous genres,privés comme professionnels,sous la forme de réunions,séminaires,conférences,ateliers,workshop,colloques,formations et cours,foires,salons,voyages et autres évènements avec un caractère culturel,sportif,social,artistique ou éducatif,en présentiel ou non,à destination des différents publics-cibles,publics ou privés,dans le domaine privé,associatif ou professionnel ainsi que toutes activités commerciales et administratives y relatées notamment la rédaction,la publication,la promotion,la distribution et la vente de tous ouvrages ou supports pédagogiques,quels que soient les supports ou médias utilisés;
  4. La location,l’achat,la vente,la mise en vente en qualité d’intermédiaire,la mise à disposition de tiers de tout matériel roulant;
  5. L'accomplissement de toutes opérations immobilières quelconques,notamment,l'achat,la vente,la gestion,la(sous-)location(par bail classique,emphytéose,superficie ou tout autre type de bail existant),le leasing(avec ou sans option d’achat),l'étude et la promotion,l'aménagement,la transformation,la décoration et l’ameublement,la viabilisation,le lotissement,le financement(par crédit hypothécaire ou autrement)et la valorisation de tous biens et droits immobiliers existants ou à construire et notamment les immeubles à occupation collective,les logements individuels,en copropriété horizontale ou non,les garages,annexes et dépendances,ateliers,bâtiments industriels,etc.;la coordination pour la réalisation de tout type de construction,principalement par entreprises sous-traitantes,ainsi que toutes prestations de services s'y rapportant;
  6. La conclusion de contrats relatifs à des projets commerciaux,immobiliers,industriels ou sociaux;ainsi que l’intervention en qualité d'intermédiaire d'affaires dans tous les domaines du commerce;
  7. La constitution,le développement et la gestion,dans la plus large acceptation des termes,d’un patrimoine mobilier ou immobilier par acquisition,vente,échange,construction,transformation ou tout autre moyen;
  8. L’exercice de mandats en qualité de directeur,gérant,administrateur,liquidateur,ou membre de comité de direction dans toutes sociétés,entreprises ou associations;la prise de contrôle,de direction ou autrement,d’autres entreprises;
  9. La participation à la création et au développement d’entreprises industrielles,commerciales,financières ou immobilières et l’octroi à celles-ci de tous concours,conseils,études,carnets d’adresses,financements,garanties(de quelque nature que ce soit),en ce compris la participation en capital,et l’octroi d’avances au profit des sociétés participées ainsi qu’au profit des actionnaires,administrateurs ou gérants de celles-ci,ainsi que des personnes liées à l’une de ces personnes au sens de l’article 1:20 du Code des sociétés et des associations.
  10. La société pourra en outre réaliser l’achat,la création,la fabrication,le montage-démontage,la réparation,la transformation,la vente,la distribution,la location,l’échange,l’importation et l’exportation,en gros et en détail,le transport,la livraison et l’installation,le service après-vente,le traitement,l’entreposage de tout matériel,matières premières et mobilier pouvant servir à son activité et à l’organisation d’évènements de toutes natures,ainsi que la mise à disposition de tiers de tous moyens nécessaires à la réalisation de son objet;
deed of 30-06-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Chemin Longues Aulnes 7 registered office 1430 Rebecq 28-06-2021 2.318.728.580

Buildings and parcels at the address

Ground area
482 m²
Buildings
74 m²
Volume, LiDAR
366 m³
Tallest building
6.0 m
Buildings to scale, each on its own parcel
74 m², 6.0 m 74 m², 6.0 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25090E0078/00C000482 m² 1 · 74 m² 6.0 m · 2

Contact

E-mail hello@valapi.be