Equity
-€50,694
Debts exceed assets in financial year 2025.
VALCKE
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €101,938 (2010)
€99,922▲ 70.6%
lowest -€89,630 (2021)
-€8,848▲ €24,065
peak €203,306 (2012)
-€50,694▼ €8,848
€633,988▼ 2.9%
peak 1 FTE (2012)
-not published
Board2 names since 2021
2 directorsVALCKE Hans and 1 other
Documentsfilings and deeds
30-10-202691 days late
2025micro format
Gross margin from €58,583 to €99,922Loss of €8,848Equity from -€41,846 to -€50,694Cash from €6,833 to €16,572
Key points
from the 2025 annual accountsLosses
-€79,212 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €380,000 estimated
The micro format states no turnover.
Debts
€633,988 109% of the balance sheet
Financial debts 31%Suppliers 2%Other 67%
Of this, €439,871 falls due within a year.
Filings
29 annual accounts 91 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€50,694
Less equity than 95% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
53
Fair
Financially stronger than 16% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.7%▼ -0.1 percentage points vs 05-2025
07-2025: 2.0%▲ +0.3 percentage points vs 06-2025
08-2025: 2.5%▲ +0.5 percentage points vs 07-2025
09-2025: 2.7%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 1.5%▼ -1.2 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.4%▼ -0.1 percentage points vs 12-2025
02-2026: 1.5%▲ +0.1 percentage points vs 01-2026
03-2026: 1.4%▼ -0.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.5%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.5 percentage points vs 07-2026
09-2026: 2.2%▲ +0.2 percentage points vs 08-2026
10-2026: 2.7%▲ +0.5 percentage points vs 09-2026
11-2026: 1.3%▼ -1.4 percentage points vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Last filed accounts filed 91 days late; 2 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Negative equity -€50,694
lowers risk
Size: total assets €583,294
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 7% of them on solvency, 7% on liquidity, 33% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,242 companies had the same profile as VALCKE has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VALCKE itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,242 companies, not a prediction for VALCKE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.46 (0.35 in 2024), below 1. Short-term debt is 75.4% and cash 2.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€50,694
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
91 days late
2024
31 days late
2023
30 days late
2022
21 days late
2021
31 days late
2020
24 days late
2019
3 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457997079
Company renamed from HANS VALCKE to VALCKE
Resignation: VALCKE Hans (manager) · Reappointment: VALCKE Hans (director) · Appointment: VALCKE Rik (director) · General meeting of 03-08-2023 · Gazette deed
Registered office moved within Halen
New registered office: Industriepark 1247, 3545 Halen · Previous registered office: Broekstraat 16, 3545 Halen · General meeting of 24-06-2020 · Gazette deed
First establishment
Industriepark 1247, Halen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALCKE Halen | €583,294 | €99,922 | -8.7% | - |
| J.C. ENTREPRISES Liège | €594,222 | €98,219 | 46.9% | 1 |
| OCHAU Oostkamp | €586,379 | €82,100 | 50.8% | - |
| Philippe DAIX Namur | €539,599 | €98,001 | 83.8% | 0.5 |
| Paul Remeysen Ravels | €535,955 | €94,036 | 48.2% | - |
| SANIKA Ranst | €624,868 | €80,036 | 17.8% | - |
| D.D.T. - Dirk De Turck Londerzeel | €539,713 | €124,419 | 75.8% | - |
These companies have the same main activity as VALCKE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €536,000 and €625,000, founded between 1991 and 2000.
Official details
Source: KBO- Status
- Active since 18-05-1996Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 1 other
- Establishment unit
- 2.079.956.5483545 Halen, since 20-04-1998
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2024
Insights on VALCKE
VALCKE files the micro format. That format states no turnover. The gross margin rose from €11,312 in 2006 to €99,922 in 2025.
The balance sheet grew most in 2013 through fixed assets.
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 VALCKE
- What is the company number of VALCKE?
- The company number of VALCKE is 0457.997.079. The VAT number is the same number with BE in front: BE 0457.997.079.
- Where is VALCKE based?
- The registered office is at Industriepark 1247, 3545 Halen.Company details
- What does VALCKE do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of VALCKE?
- VALCKE is a private limited company (BV).
- When was VALCKE founded?
- VALCKE was founded on 18-05-1996.
- Is VALCKE still active?
- Yes, VALCKE is an active enterprise in the KBO register.
- What is the turnover of VALCKE?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €99,922 and 30 comparable companies (NACE 43222). It probably lies between €300,000 and €530,000.Financials
- Is VALCKE profitable?
- In financial year 2025, VALCKE made a loss of €8,848.
- Where can I find the annual accounts of VALCKE?
- VALCKE filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALCKE due?
- VALCKE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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