Summary
VALBOIS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €29.8m and a net result of €2.6m. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 2413 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
97 d early
2023
107 d early
2022
21 d early
2021
103 d early
2020
65 d early
2019
80 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 76 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by total assets in Tournai, Finance and insurance sector#7 company by equity in Tournai, Finance and insurance sector
Equity
€29.8m▲ 9.5%
2024 · €27.2m
Net result
€2.6m▼ 25.5%
2024 · €3.5m
Total assets
€159.1m▲ 1.4%
2024 · €156.9m
Solvency
18.7%▲ 1.4pp
2024 · 17.3%
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
Line20212022202320242025
Operating result-€69,427▼ 52.4%-€47,551▲ 31.5%-€58,293▼ 22.6%-€66,017▼ 13.3%-€398,619▼ 504%
Net result€3.2m▲ 892%€2.1m▼ 35.2%€2.6m▲ 25.8%€3.5m▲ 31.0%€2.6m▼ 25.5%
Equity€19.0m▲ 20.5%€21.1m▲ 11.0%€23.7m▲ 12.5%€27.2m▲ 14.5%€29.8m▲ 9.5%
Total assets€149.2m▲ 2.2%€151.3m▲ 1.4%€153.7m▲ 1.6%€156.9m▲ 2.1%€159.1m▲ 1.4%
Debt€130.2m=€130.2m=€130.0m▼ 0.2%€129.7m▼ 0.2%€129.4m▼ 0.3%
Working capital-€113.0m▲ 2.8%-€110.9m▲ 1.9%-€108.3m▲ 2.4%-€104.8m▲ 3.2%-€102.2m▲ 2.5%
Solvency12.7%▲ 1.9pp13.9%▲ 1.2pp15.4%▲ 1.5pp17.3%▲ 1.9pp18.7%▲ 1.4pp
Staff (FTE)000
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €398,619 in 2025 against €66,017 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159.1m
Fixed assets
€132.0m =
Current assets
€27.1m ▲ 8.9%
Equity and liabilities €159.1m
Equity
€29.8m ▲ 9.5%
Debt
€129.4m ▼ 0.3%
Debt's share of the balance-sheet total falls from 82.7% to 81.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
8.6%▼
2024 · 12.7%
ROA
1.6%▼
2024 · 2.2%
Debt ≤ 1 year
€129.4m▼
2024 · €129.7m
Income taxes
€288,820▼
2024 · €531,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €25,904 | €30,388 | €33,490 | €40,842 | €40,353 | ▼ 1.2% |
| Gross operating margin9900 | -€43,523 | -€17,163 | -€24,803 | -€25,176 | -€358,266 | ▼ 1,323% |
| Operating profit (loss)9901 | -€69,427 | -€47,551 | -€58,293 | -€66,017 | -€398,619 | ▼ 504% |
| Financial income75/76B | €4.3m | €3.8m | €3.8m | €5.0m | €4.9m | ▼ 2.1% |
| Recurring financial income75 | €4.3m | €3.8m | €3.8m | €5.0m | €4.9m | ▼ 2.1% |
| Financial charges65/66B | €647,834 | €1.4m | €888,644 | €966,253 | €1.7m | ▲ 71.0% |
| Recurring financial charges65 | €647,834 | €1.4m | €888,644 | €966,253 | €1.7m | ▲ 71.0% |
| Profit (loss) for the period before taxes9903 | €3.6m | €2.3m | €2.9m | €4.0m | €2.9m | ▼ 28.2% |
| Income taxes67/77 | €385,471 | €253,178 | €264,865 | €531,247 | €288,820 | ▼ 45.6% |
| Profit (loss) for the period9904 | €3.2m | €2.1m | €2.6m | €3.5m | €2.6m | ▼ 25.5% |
| Transfer to tax-exempt reserves689 | - | - | - | €210,500 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €3.2m | €2.1m | €2.6m | €3.2m | €2.6m | ▼ 20.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149.2m | €151.3m | €153.7m | €156.9m | €159.1m | ▲ 1.4% |
| Fixed assets21/28 | €132.0m | €132.0m | €132.0m | €132.0m | €132.0m | = |
| Financial fixed assets28 | €132.0m | €132.0m | €132.0m | €132.0m | €132.0m | = |
| Current assets29/58 | €17.2m | €19.3m | €21.7m | €24.9m | €27.1m | ▲ 8.9% |
| Amounts receivable within one year40/41 | €10,292 | €1,075 | €28,089 | €1.5m | €234,593 | ▼ 84.6% |
| Other amounts receivable41 | €10,292 | €1,075 | €28,089 | €1.5m | €234,593 | ▼ 84.6% |
| Current investments50/53 | €17.0m | €19.0m | €21.3m | €22.7m | €26.5m | ▲ 16.4% |
| Cash at bank and in hand54/58 | €221,870 | €282,268 | €360,543 | €655,121 | €431,049 | ▼ 34.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149.2m | €151.3m | €153.7m | €156.9m | €159.1m | ▲ 1.4% |
| Equity10/15 | €19.0m | €21.1m | €23.7m | €27.2m | €29.8m | ▲ 9.5% |
| Contributions10/11 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Reserves13 | €17.0m | €19.1m | €21.7m | €25.2m | €27.7m | ▲ 10.2% |
| Non-distributable reserves130/1 | €203,000 | €203,000 | €203,000 | €203,000 | €203,000 | = |
| Reserves not available under the articles1311 | €203,000 | €203,000 | €203,000 | €203,000 | €203,000 | = |
| Tax-exempt reserves132 | - | - | - | €210,500 | €210,500 | = |
| Distributable reserves133 | €16.8m | €18.9m | €21.5m | €24.7m | €27.3m | ▲ 10.4% |
| Amounts payable17/49 | €130.2m | €130.2m | €130.0m | €129.7m | €129.4m | ▼ 0.3% |
| Amounts payable within one year42/48 | €130.2m | €130.2m | €130.0m | €129.7m | €129.4m | ▼ 0.3% |
| Trade debts44 | €5,271 | €5,566 | €3,188 | €3,290 | €3,422 | ▲ 4.0% |
| Suppliers440/4 | €5,271 | €5,566 | €3,188 | €3,290 | €3,422 | ▲ 4.0% |
| Taxes, remuneration and social security45 | €234,430 | €235,349 | €0 | - | - | - |
| Taxes450/3 | €234,430 | €235,349 | €0 | - | - | - |
| Other amounts payable47/48 | €130.0m | €130.0m | €130.0m | €129.7m | €129.4m | ▼ 0.3% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3.2m | €2.1m | €2.6m | €3.5m | €2.6m | ▼ 25.5% |
| Operating cash flow (approximation) | €3.2m | €2.1m | €2.6m | €3.5m | €2.6m | ▼ 25.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €60,398 | €78,275 | €294,577 | -€224,071 | ▼ 176% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €3.5m ▲31%
Net result €3.5m, the highest in the series.
31-12
Financial
Equity above €25mEq €27.2m ▲14.5%
7 profitable years in a row build equity to €27.2m.
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
12-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €190,510 ▼54.6%
Net result drops to €190,510, the lowest in the series; recovery starts the following year.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Tournai · 1 establishment unit since 2007
Ground area
934 m²
Building footprint
352 m²
Volume, LiDAR
2,081 m³
Parcel 57069C0256/00F000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VALBOIS
since 20072.185.153.345
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57069C0256/00F000 | Wallonia | 934 m² | 1 · 352 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600KW9QQ2Y5U6AV51
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 3,513 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
Founded05-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.