VALCKE
ActiveSummary
VALCKE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-42k) and a net result of €-33k. Equity is shrinking by ~78.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-5
Solvency18▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.38 in 2023; short-term debt: 68.9% and cash: 1.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-6.8%
Return on assets
-5.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-42k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
21 d late
2021
31 d late
2020
24 d late
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-42k▼ 368%
2023 · €-9k
2018: €147khighest in 7 years
2019: €134k▼ -8.9% vs 2018
2020: €89k▼ -33.6% vs 2019
2021: €-644▼ -101% vs 2020
2022: €29k▲ +4529% vs 2021
2023: €-9k▼ -131% vs 2022
2024: €-42k▼ -368% vs 2023lowest in 7 years
2018 → 2024
Total assets
€611k▲ 26.0%
2023 · €485k
2018: €642khighest in 7 years
2019: €597k▼ -7.0% vs 2018
2020: €527k▼ -11.7% vs 2019
2021: €510k▼ -3.3% vs 2020
2022: €505k▼ -0.9% vs 2021
2023: €485k▼ -4.1% vs 2022lowest in 7 years
2024: €611k▲ +26.0% vs 2023
2018 → 2024
Net result
€-33k▲ 12.1%
2023 · €-37k
2018: €-16k
2019: €-13k▲ +20.0% vs 2018
2020: €-45k▼ -246% vs 2019
2021: €-90k▼ -98.6% vs 2020lowest in 7 years
2022: €29k▲ +133% vs 2021highest in 7 years
2023: €-37k▼ -228% vs 2022
2024: €-33k▲ +12.1% vs 2023
2018 → 2024
Working capital
€-275k▼ 47.8%
2023 · €-186k
2018: €106khighest in 7 years
2019: €101k▼ -4.6% vs 2018
2020: €55k▼ -45.1% vs 2019
2021: €-103k▼ -287% vs 2020
2022: €-138k▼ -33.9% vs 2021
2023: €-186k▼ -34.7% vs 2022
2024: €-275k▼ -47.8% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€89k-€-644€29k€-9k€-42k▼ 368%
2020: €89khighest in 5 years
2021: €-644▼ -101% vs 2020
2022: €29k▲ +4529% vs 2021
2023: €-9k▼ -131% vs 2022
2024: €-42k▼ -368% vs 2023lowest in 5 years
Operating result€-40k-€-91k▼ 127%€21k€-32k€-19k▲ 38.7%
2020: €-40k
2021: €-91k▼ -127% vs 2020lowest in 5 years
2022: €21k▲ +124% vs 2021highest in 5 years
2023: €-32k▼ -248% vs 2022
2024: €-19k▲ +38.7% vs 2023
Net result€-45k-€-90k▼ 98.6%€29k€-37k€-33k▲ 12.1%
2020: €-45k
2021: €-90k▼ -98.6% vs 2020lowest in 5 years
2022: €29k▲ +133% vs 2021highest in 5 years
2023: €-37k▼ -228% vs 2022
2024: €-33k▲ +12.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2024 against €32k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €611k
Fixed assets
€465k ▲ 25.7%
Current assets
€146k ▲ 27.3%
Key figures and ratios
EBITDA
€51k▲
2023 · €29k
Cash flow
€38k▲
2023 · €23k
Solvency
-6.8%▼
2023 · -1.8%
Current ratio
0.35▼
2023 · 0.38
Quick ratio
0.30▼
2023 · 0.32
Debt to equity
-15.60▲
2023 · -55.27
ROA
-5.4%▲
2023 · -7.7%
Interest coverage
3.72▼
2023 · 4.71
Debt
€653k▲
2023 · €494k
Debt ≤ 1 year
€421k▲
2023 · €301k
Debt > 1 year
€232k▲
2023 · €193k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€485k€611k▲
Fixed assets21/28€370k€465k▲
Tangible fixed assets22/27€370k€465k▲
Land and buildings22€260k€233k▼
Plant, machinery and equipment23€13k€27k▲
Furniture and vehicles24€97k€90k▼
Leasing and similar rights25-€115k
Current assets29/58€115k€146k▲
Stocks and contracts in progress3€19k€19k=
Stocks30/36€19k€19k=
Amounts receivable within one year40/41€80k€118k▲
Trade receivables40€75k€116k▲
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€12k€7k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€485k€611k▲
Equity10/15€-9k€-42k▼
Contributions10/11€166k€166k=
Reserves13€17k€17k=
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Profit (loss) carried forward14€-192k€-224k▼
Amounts payable17/49€494k€653k▲
Amounts payable after more than one year17€193k€232k▲
Financial debts170/4€193k€232k▲
Amounts payable within one year42/48€301k€421k▲
Current portion of amounts payable after more than one year42€29k€36k▲
Trade debts44€23k€8k▼
Suppliers440/4€23k€8k▼
Other amounts payable47/48€249k€377k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€71k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€34k€59k▲
Operating profit (loss)9901€-32k€-19k▲
Financial income75/76B€297€256▼
Recurring financial income75€297€256▼
Financial charges65/66B€6k€14k▲
Recurring financial charges65€6k€14k▲
Profit (loss) for the period before taxes9903€-37k€-33k▲
Profit (loss) for the period9904€-37k€-33k▲
Profit (loss) for the period to be appropriated9905€-37k€-33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-192k€-224k▼
Profit (loss) brought forward from the previous period14P€-154k€-192k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €53k | €67k | €60k | €71k | ▲ 16.9% |
| Other operating charges640/8 | - | €3k | €5k | €6k | €7k | ▲ 32.6% |
| Gross operating margin9900 | €10k | €-35k | €93k | €34k | €59k | ▲ 70.7% |
| Operating profit (loss)9901 | €-40k | €-91k | €21k | €-32k | €-19k | ▲ 38.7% |
| Financial income75/76B | - | €8k | €12k | €297 | €256 | ▼ 13.9% |
| Recurring financial income75 | €196 | €8k | €12k | €297 | €256 | ▼ 13.9% |
| Financial charges65/66B | - | €7k | €4k | €6k | €14k | ▲ 125% |
| Recurring financial charges65 | €5k | €7k | €4k | €6k | €14k | ▲ 125% |
| Profit (loss) for the period before taxes9903 | €-45k | €-90k | €29k | €-37k | €-33k | ▲ 12.1% |
| Profit (loss) for the period9904 | €-45k | €-90k | €29k | €-37k | €-33k | ▲ 12.1% |
| Profit (loss) for the period to be appropriated9905 | €-45k | €-90k | €29k | €-37k | €-33k | ▲ 12.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €527k | €510k | €505k | €485k | €611k | ▲ 26.0% |
| Fixed assets21/28 | €373k | €393k | €371k | €370k | €465k | ▲ 25.7% |
| Tangible fixed assets22/27 | €373k | €393k | €371k | €370k | €465k | ▲ 25.7% |
| Land and buildings22 | - | €272k | €249k | €260k | €233k | ▼ 10.5% |
| Plant, machinery and equipment23 | - | €14k | €16k | €13k | €27k | ▲ 110% |
| Furniture and vehicles24 | - | €96k | €107k | €97k | €90k | ▼ 7.0% |
| Leasing and similar rights25 | - | €10k | - | - | €115k | - |
| Current assets29/58 | €154k | €117k | €134k | €115k | €146k | ▲ 27.3% |
| Stocks and contracts in progress3 | - | - | - | €19k | €19k | = |
| Stocks30/36 | - | - | - | €19k | €19k | = |
| Amounts receivable within one year40/41 | €150k | €95k | €62k | €80k | €118k | ▲ 46.4% |
| Trade receivables40 | - | €90k | €55k | €75k | €116k | ▲ 54.8% |
| Other amounts receivable41 | - | €5k | €7k | €5k | €2k | ▼ 69.6% |
| Cash at bank and in hand54/58 | €2k | €19k | €64k | €12k | €7k | ▼ 44.1% |
| Deferred charges and accrued income490/1 | - | €3k | €8k | €3k | €3k | ▼ 17.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €527k | €510k | €505k | €485k | €611k | ▲ 26.0% |
| Equity10/15 | €89k | €-644 | €29k | €-9k | €-42k | ▼ 368% |
| Contributions10/11 | - | €166k | €166k | €166k | €166k | = |
| Reserves13 | €17k | €17k | €17k | €17k | €17k | = |
| Non-distributable reserves130/1 | - | €17k | €17k | €17k | €17k | = |
| Reserves not available under the articles1311 | - | €17k | €17k | €17k | €17k | = |
| Profit (loss) carried forward14 | €-94k | €-183k | €-154k | €-192k | €-224k | ▼ 17.2% |
| Amounts payable17/49 | €438k | €511k | €477k | €494k | €653k | ▲ 32.2% |
| Amounts payable after more than one year17 | €340k | €291k | €205k | €193k | €232k | ▲ 20.2% |
| Financial debts170/4 | - | €291k | €205k | €193k | €232k | ▲ 20.2% |
| Amounts payable within one year42/48 | €99k | €220k | €272k | €301k | €421k | ▲ 39.9% |
| Current portion of amounts payable after more than one year42 | - | €39k | €28k | €29k | €36k | ▲ 23.6% |
| Trade debts44 | €29k | €14k | - | €23k | €8k | ▼ 65.9% |
| Suppliers440/4 | - | €14k | - | €23k | €8k | ▼ 65.9% |
| Other amounts payable47/48 | - | €167k | €243k | €249k | €377k | ▲ 51.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-45k | €-90k | €29k | €-37k | €-33k | ▲ 12.1% |
| + Depreciation and write-downs630 | €45k | €53k | €67k | €60k | €71k | ▲ 16.9% |
| Operating cash flow (approximation) | €122 | €-37k | €96k | €23k | €38k | ▲ 64.2% |
| Investment in fixed assets (approximation) | - | €-72k | €-45k | €-59k | €-166k | ▼ 181% |
| Change in cash | - | €17k | €45k | €-52k | €-5k | ▲ 89.6% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 79 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial 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, Halen · 1 establishment unit since 1998
Ground area
3,244 m²
Building footprint
1,386 m²
Volume, LiDAR
9,889 m³
Parcel 71020B0115/00F000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Industriepark 1247, 3545 Halen
since 19982.079.956.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020B0115/00F000 | Flanders | 3,244 m² | 1 · 1,386 m² | 9.3 m · 3 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.
Similar companies · same sector, comparable size
DVM Air Technics
BE 1021.765.930
Riemst · Eq €28,501
CLOCLO FROID
BE 0791.330.849
Brussel · Eq €28,545
A.A-S-M SANITAIRE
BE 0891.722.384
Wellin · Eq €28,555
Flex-C
BE 0689.537.267
Gent · Eq €28,583
Nova-Technics
BE 0743.431.259
Houthalen-Helchteren · Eq €28,595
Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 3,981 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
Founded18-05-1996
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.