VALCIM
Open bankruptcyA bankruptcy procedure is open for VALCIM according to publications in the Belgian State Gazette; curator: VALERIE HAUTFENNE.
Summary
The 2023 annual accounts show negative equity (-€94,370) and a net result of -€18,847.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 27 November 2025
- Supervising judge
- Frederic Romain
- Official Gazette
- 03-12-2025 (pdf) ↗search the document for 2025/149971
Deadlines
- Appeal or third-party opposition until
- passed on 18 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 27 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 27 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Valerie HautfenneVieux Chemin Du Poete 11, 1301 Biergesv.hautfenne@ibilaw.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of VALCIM in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
3 d early
2021
16 d late
2020
50 d early
2019
315 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€277,791▲ 5,555,712%
2022 · €5
EBIT margin
-5.4%▼ 105.4pp
2022 · 100.0%
Net result
-€18,847
2022 · €5
Working capital
-€101,291▼ 41.6%
2021 · -€71,528
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
Line20192020202120222023
Turnover€5€277,791▲ 5,555,712%
Operating result-€123,748▼ 257%-€6,650▲ 94.6%-€133▲ 98.0%€5-€15,058
Net result-€124,358▼ 195%-€6,667▲ 94.6%-€133▲ 98.0%€5-€18,847
EBIT margin100.0%-5.4%▼ 105.4pp
Equity-€68,727-€75,394▼ 9.7%-€75,528▼ 0.2%-€75,523=-€94,370▼ 25.0%
Total assets€1,624▼ 98.9%€1,625▲ 0.1%€1,623▼ 0.1%€67,082
Debt€70,351▼ 26.0%€73,019▲ 3.8%€73,151▲ 0.2%€71,523▼ 2.2%€161,452▲ 126%
Working capital-€68,727-€71,394▼ 3.9%-€71,528▼ 0.2%-€101,291
Why a figure moved sharply
- 2023 Turnover +5,555,712% on 2022. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €15,058 after €5 in 2022.
Balance-sheet composition
Assets €67,082
Fixed assets
€21,899
Current assets
€45,183
Key figures and ratios
EBITDA
-€6,195
Cash flow
-€9,984
Solvency
-140.7%
Current ratio
0.31
Quick ratio
0.22
Debt to equity
-1.71▼
2022 · -0.95
ROA
-28.1%
Interest coverage
-1.63
Debt ≤ 1 year
€146,474▲
2022 · €71,523
Debt > 1 year
€14,978
Staff costs
€30,866
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €5 | €277,791 | ▲ 5,555,712% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €264,547 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €30,866 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €8,863 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€4,000 | - |
| Other operating charges640/8 | - | - | - | - | €6,683 | - |
| Gross operating margin9900 | -€8,954 | -€2,650 | -€133 | €5 | €27,354 | ▲ 546,973% |
| Operating profit (loss)9901 | -€123,748 | -€6,650 | -€133 | €5 | -€15,058 | ▼ 301,263% |
| Financial charges65/66B | - | - | - | - | €3,789 | - |
| Recurring financial charges65 | €368 | €17 | - | - | €3,789 | - |
| Profit (loss) for the period before taxes9903 | -€124,116 | -€6,667 | -€133 | €5 | -€18,847 | ▼ 377,042% |
| Income taxes67/77 | €242 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€124,358 | -€6,667 | -€133 | €5 | -€18,847 | ▼ 377,042% |
| Profit (loss) for the period to be appropriated9905 | -€124,358 | -€6,667 | -€133 | €5 | -€18,847 | ▼ 377,042% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1,624 | €1,625 | €1,623 | - | €67,082 | - |
| Fixed assets21/28 | - | - | - | - | €21,899 | - |
| Tangible fixed assets22/27 | - | - | - | - | €19,499 | - |
| Plant, machinery and equipment23 | - | - | - | - | €1,787 | - |
| Furniture and vehicles24 | - | - | - | - | €17,712 | - |
| Financial fixed assets28 | - | - | - | - | €2,400 | - |
| Current assets29/58 | €1,624 | €1,625 | €1,623 | - | €45,183 | - |
| Stocks and contracts in progress3 | - | - | - | - | €12,500 | - |
| Stocks30/36 | - | - | - | - | €12,500 | - |
| Amounts receivable within one year40/41 | - | - | - | - | €18,748 | - |
| Trade receivables40 | - | - | - | - | €18,748 | - |
| Cash at bank and in hand54/58 | €1,624 | €1,625 | €1,623 | - | €13,935 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1,624 | €1,625 | €1,623 | €0 | €67,082 | - |
| Equity10/15 | -€68,727 | -€75,394 | -€75,528 | -€75,523 | -€94,370 | ▼ 25.0% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | - | - | €18,592 | €18,592 | - | - |
| Other1109/19 | - | - | €18,592 | €18,592 | - | - |
| Reserves13 | €75,859 | €75,859 | €75,859 | €75,859 | €75,859 | = |
| Non-distributable reserves130/1 | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | €74,000 | €74,000 | €74,000 | = |
| Profit (loss) carried forward14 | -€163,178 | -€169,845 | -€169,979 | -€169,975 | -€188,822 | ▼ 11.1% |
| Provisions and deferred taxes16 | - | €4,000 | €4,000 | €4,000 | - | - |
| Provisions for liabilities and charges160/5 | - | - | €4,000 | €4,000 | - | - |
| Other liabilities and charges164/5 | - | - | €4,000 | €4,000 | - | - |
| Amounts payable17/49 | €70,351 | €73,019 | €73,151 | €71,523 | €161,452 | ▲ 126% |
| Amounts payable after more than one year17 | - | - | - | - | €14,978 | - |
| Financial debts170/4 | - | - | - | - | €14,978 | - |
| Amounts payable within one year42/48 | €70,351 | €73,019 | €73,151 | €71,523 | €146,474 | ▲ 105% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €6,554 | - |
| Trade debts44 | - | €2,650 | €605 | €241 | €29,019 | ▲ 11,966% |
| Suppliers440/4 | - | - | €605 | €241 | €29,019 | ▲ 11,966% |
| Taxes, remuneration and social security45 | - | - | - | - | €15,874 | - |
| Taxes450/3 | - | - | - | - | €10,382 | - |
| Remuneration and social security454/9 | - | - | - | - | €5,491 | - |
| Other amounts payable47/48 | - | - | €72,546 | €71,283 | €95,027 | ▲ 33.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€124,358 | -€6,667 | -€133 | €5 | -€18,847 | ▼ 377,042% |
| + Depreciation and write-downs630 | - | - | - | - | €8,863 | - |
| Operating cash flow (approximation) | -€124,358 | -€6,667 | -€133 | €5 | -€9,984 | ▼ 199,775% |
| Change in cash | - | €1 | -€2 | - | - | - |
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
2025
03-12
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 27-11-2025
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €5
Net result €5 after 4 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 315 days late
2019
31-12
Financial
Weakest financial yearnet -€124,358
Net result drops to -€124,358, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 13 days late
SignalFinancial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Tubize · 1 establishment unit since 1994
Ground area
1,522 m²
Building footprint
184 m²
Volume, LiDAR
1,783 m³
2 parcels, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
61
companies at this address
See who is registered here
1 establishment unit
Rue des Clercs 4, 7000 Mons
since 19942.037.499.252
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0006/00Z000 | Wallonia | 1,453 m² | 1 · 137 m² | 10.3 m · 3 fl. |
| 53403E0246/00_000 | Wallonia | 69 m² | 1 · 47 m² | 15.0 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALERIE HAUTFENNE VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
27-11-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-1977
Fiscal year end31-12
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.