Equity
€504,177 ▲ 25.7%
VALCEREX paid out €450,000 in dividends. That is 81% of the 2025 profit.
VALCEREX
Lifetime
3 annual accounts with figures on one time axispeak €957,932 (2025)
€957,932▲ 40.7%
lowest -€37,335 (2023)
€553,056▲ 46.7%
peak €504,177 (2025)
€504,177▲ 25.7%
€796,667▲ 142%
Board10 names since 2023
5 directors and 4 others
Owners
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €680,753 to €957,932Result from €376,956 to €553,0562 directors appointed, 4 resignations 07-11Dividend €450,000Equity from €401,121 to €504,177Debts from €329,054 to €796,667
Key points
from the 2025 annual accountsResult
€553,056 ▲ 46.7%
The result rose in 2025 from €376,956 to €553,056.
Turnover
≈ €2.6m estimated
The accounts state no turnover.
Debts
€796,667 ▲ 142%
Debts rose by €467,613 in 2025.
Filings
3 annual accounts 1 late
The 2023 accounts came 21 days late. The other two were filed on time.
Position in the sector
€553,056
Higher net result than 95% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,135 companies had the same profile as VALCEREX has now. Each dot stands for 8 companies, two years later.
97.0%
were still trading
2.1%
stopped another way
0.8%
went bankrupt
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,135 companies, not a prediction for VALCEREX. 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
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Signals
Board and ownership
Chair,
Managing director,
Director, since 23-06-2025
Director, since 23-06-2025
Director,
- 4,625 sharesdeed of 03-02-2023
- 2,500 sharesdeed of 03-02-2023
- 2,500 sharesdeed of 03-02-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0797865085
2 directors appointed, 4 resignations
Resignations: , , and · Appointments: and · General meeting of 23-06-2025 · Gazette deed
Resignation: (day-to-day manager)
Permanent representative: · Board meeting of 04-03-2024 · Gazette deed
Incorporation
Founding capital of €61,500, 10,000 shares · Founders: , , and 3 others · Appointments: , (managing director), , (chair of the board) and · published on 03-02-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALCEREX Liège | €1.3m | €1.0m | 38.8% | - |
| MELCHIOR D. Burdinne | €1.6m | €0.6m | 12.9% | 5.1 |
| De Baets Kaprijke | €1.5m | €0.8m | 46.1% | 4 |
| Clijsters Grondwerken Bree | €1.3m | €0.7m | 7.1% | - |
| TERRASSEMENT QUONIOU Erquelinnes | €1.3m | €0.6m | 11.1% | - |
| Tops en Zoon Berlaar | €1.9m | €1.2m | 12.1% | 7.9 |
| Buysse Zelzate Zelzate | €1.6m | €1.1m | 4.9% | - |
These companies have the same main activity as VALCEREX: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.3m and €1.9m, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 01-02-2023Normal situation
- Activity
- Site preparationNACE 43120
- Establishment unit
- 2.341.361.2544000 Liège, since 01-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Annual accounts 2025
- €1.3m▲ 78.2%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on VALCEREX
VALCEREX files the abbreviated format. That format states no turnover. The gross margin rose from €12,771 in 2023 to €957,932 in 2025.
In November 2025, four directors stepped down. In February 2023, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VALCEREX
- What is the company number of VALCEREX?
- The company number of VALCEREX is 0797.865.085. The VAT number is the same number with BE in front: BE 0797.865.085.
- Where is VALCEREX based?
- The registered office is at Boulevard de la Sauvenière 5, 4000 Liège.Company details
- What does VALCEREX do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of VALCEREX?
- VALCEREX is a public limited company (NV).
- When was VALCEREX founded?
- VALCEREX was founded on 01-02-2023.
- Is VALCEREX still active?
- Yes, VALCEREX is an active enterprise in the KBO register.
- What is the turnover of VALCEREX?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €957,932 and 145 comparable companies (NACE 43). It probably lies between €2.0m and €3.6m.Financials
- Is VALCEREX profitable?
- In financial year 2025, VALCEREX made a profit of €553,056.
- Where can I find the annual accounts of VALCEREX?
- VALCEREX filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALCEREX due?
- VALCEREX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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