VALARD ELEC
ActiveSummary
The computed 12-month bankruptcy probability of VALARD ELEC is 2.6% (moderate). The 2025 annual accounts show equity of €64k and a net result of €8k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 27965 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-16
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 4.19 against 3.07 in 2024; short-term debt: 22% and cash: 76.8% of total assets), and 22% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
78%
Return on assets
9.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
30 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, micro schema
Equity
€64k▲ 13.5%
2024 · €56k
Total assets
€82k▲ 8.7%
2024 · €75k
Net result
€8k▼ 54.4%
2024 · €17k
Working capital
€58k▲ 46.0%
2024 · €39k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€48k-€23k▼ 51.5%€9k▼ 59.3%
Net result€35k-€17k▼ 51.7%€8k▼ 54.4%
Equity€40k-€56k▲ 42.2%€64k▲ 13.5%
Total assets€73k-€75k▲ 2.8%€82k▲ 8.7%
Debt€34k-€19k▼ 43.4%€18k▼ 5.4%
Working capital€19k-€39k▲ 103%€58k▲ 46.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82k
Fixed assets
€6k ▼ 62.7%
Current assets
€76k ▲ 29.2%
Equity and liabilities €82k
Equity
€64k ▲ 13.5%
Debt
€18k ▼ 5.4%
Debt's share of the balance-sheet total falls from 25.3% to 22.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €30k
Cash flow
€11k▼
2024 · €23k
Current ratio
4.19▲
2024 · 3.07
Debt to equity
0.28▼
2024 · 0.34
ROE
11.9%▼
2024 · 29.7%
ROA
9.3%▼
2024 · 22.1%
Interest coverage
124.30▼
2024 · 193.74
Debt ≤ 1 year
€18k▼
2024 · €19k
Income taxes
€2k▼
2024 · €6k
Staff costs
€6k▲
2024 · €3k
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 | - | €3k | €6k | ▲ 121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €7k | €3k | ▼ 54.1% |
| Other operating charges640/8 | €631 | €770 | €5k | ▲ 550% |
| Gross operating margin9900 | €54k | €33k | €23k | ▼ 29.7% |
| Operating profit (loss)9901 | €48k | €23k | €9k | ▼ 59.3% |
| Financial income75/76B | - | €24 | €205 | ▲ 752% |
| Recurring financial income75 | - | €24 | €205 | ▲ 752% |
| Financial charges65/66B | €88 | €153 | €100 | ▼ 34.8% |
| Recurring financial charges65 | €88 | €153 | €100 | ▼ 34.8% |
| Profit (loss) for the period before taxes9903 | €48k | €23k | €9k | ▼ 58.6% |
| Income taxes67/77 | €13k | €6k | €2k | ▼ 69.9% |
| Profit (loss) for the period9904 | €35k | €17k | €8k | ▼ 54.4% |
| Profit (loss) for the period to be appropriated9905 | €35k | €17k | €8k | ▼ 54.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €73k | €75k | €82k | ▲ 8.7% |
| Fixed assets21/28 | €20k | €17k | €6k | ▼ 62.7% |
| Tangible fixed assets22/27 | €20k | €17k | €6k | ▼ 62.7% |
| Plant, machinery and equipment23 | €7k | €7k | €5k | ▼ 30.6% |
| Furniture and vehicles24 | €13k | €10k | €1k | ▼ 85.4% |
| Current assets29/58 | €53k | €59k | €76k | ▲ 29.2% |
| Amounts receivable within one year40/41 | €5k | €12k | €13k | ▲ 3.3% |
| Trade receivables40 | €2k | €3k | €9k | ▲ 222% |
| Other amounts receivable41 | €3k | €9k | €3k | ▼ 62.8% |
| Cash at bank and in hand54/58 | €48k | €45k | €63k | ▲ 39.3% |
| Deferred charges and accrued income490/1 | €95 | €1k | €196 | ▼ 84.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €73k | €75k | €82k | ▲ 8.7% |
| Equity10/15 | €40k | €56k | €64k | ▲ 13.5% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €35k | €51k | €51k | = |
| Distributable reserves133 | €35k | €51k | €51k | = |
| Profit (loss) carried forward14 | - | - | €8k | - |
| Amounts payable17/49 | €34k | €19k | €18k | ▼ 5.4% |
| Amounts payable within one year42/48 | €34k | €19k | €18k | ▼ 5.4% |
| Trade debts44 | €4k | €2k | - | - |
| Suppliers440/4 | €4k | €2k | - | - |
| Taxes, remuneration and social security45 | €25k | €4k | €4k | ▲ 5.7% |
| Taxes450/3 | €25k | €4k | €4k | ▲ 5.7% |
| Other amounts payable47/48 | €5k | €13k | €14k | ▲ 2.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €35k | €17k | €8k | ▼ 54.4% |
| + Depreciation and write-downs630 | €6k | €7k | €3k | ▼ 54.1% |
| Operating cash flow (approximation) | €41k | €23k | €11k | ▼ 54.3% |
| Investment in fixed assets (approximation) | - | €-3k | €8k | ▲ 328% |
| Change in cash | - | €-3k | €18k | ▲ 661% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €8k ▼54.4%
Net result drops to €8k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Yvoir · 1 establishment unit since 2023
Ground area
1,027 m²
Building footprint
142 m²
Volume, LiDAR
999 m³
Parcel 91382D0240/00G000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Valard Elec srl
since 20232.345.930.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91382D0240/00G000 | Wallonia | 1,027 m² | 1 · 142 m² | 8.6 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.
Recognitions · licences · registrations
Recognised contractor
9 categoriesVALARD ELEC SRL44263
Similar companies · same sector, comparable size
ELECTRICITE MICHEL ET FILS
BE 0541.986.807
La Louvière · Eq €63,857
EWA
BE 0678.443.239
Tielt · Eq €63,870
JELECO
BE 0775.888.152
La Louvière · Eq €63,872
VAN HOOF BART
BE 0840.122.344
Jabbeke · Eq €63,877
NDC
BE 0779.655.910
Roosdaal · Eq €63,899
Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33140Repair and maintenance of electrical equipment
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
gregory@valard-electricite.be
Phone
+32478733054
Scores and ratios are computed by Checked and are not a credit decision.