VALCLEO (0837.750.101): financials and annual accounts

Annual accounts 2025

abbreviated format, filed on 03-07-2026, 28 days before the deadline

€146,608

▼ 9.3%

€21,434

▼ 46.6%

€24,426

▼ 43.3%

€16,958

▼ 55.1%

46.7%

▲ 21.2 percentage points

1.83

▲ 0.55

Money flows

no detail for 2025

Balance sheet

balance sheet total €84,688 on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

46.7%

Higher than 67% of 4,849 companies in 2025.

1.83

Higher than 72% of 4,747 companies in 2025.

16.5%

Higher than 80% of 4,770 companies in 2025.

VALCLEO Middle half of the sector 80% of the sector Abbreviated accounts in food and beverage service (NACE 56)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter

Staff

€49,760

Staff costs divided by the average number of full-time equivalents.

level

contracts started contracts ended

In 2025, 1 person joined and 1 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Balance sheet: assets
`20/58`	84,688	100,354	87,907	106,872	129,986	88,391	111,517	113,109	58,830	64,499	64,009	80,965	68,988	47,226
`21/28`	6,265	9,257	12,759	13,325	14,950	9,234	12,998	18,334	18,482	23,631	25,550	12,542	12,820	1,001
`22/27`	6,160	9,152	12,654	13,220	14,845	9,129	12,893	18,229	18,377	23,526	25,445	12,437	12,715	896
`23`	1,802	2,950	9,448	8,711	10,654	3,148	4,578	6,008	6,395	5,622	7,290	5,708	3,614	-
`24`	3,018	4,057	210	662	931	1,786	940	1,667	3,458	5,879	5,171	6,729	9,101	896
`26`	1,340	2,145	2,996	3,847	3,260	1,270	1,524	1,778	2,032	2,286	-	-	-	-
`28`	105	105	105	105	105	105	105	105	105	105	105	105	105	105
`29/58`	78,423	91,097	75,148	93,547	115,036	79,157	98,520	94,775	40,348	40,868	38,459	68,423	56,168	46,224
`3`	5,795	7,036	7,012	9,419	11,157	9,156	8,300	6,768	6,246	6,856	7,265	6,375	7,007	3,127
`30/36`	5,795	7,036	7,012	9,419	11,157	9,156	8,300	6,768	6,246	6,856	7,265	6,375	7,007	3,127
`40/41`	59,338	71,882	53,899	74,958	86,884	61,832	56,933	48,558	6,274	13,533	3,719	29,093	17,652	9,692
`40`	8,668	21,610	3,704	26,651	8,725	10,513	6,301	2,054	4,502	11,907	2,938	29,093	17,649	5,000
`41`	50,670	50,272	50,195	48,307	78,159	51,319	50,632	46,504	1,772	1,626	781	-	3	4,692
`54/58`	10,493	9,412	11,141	6,248	12,285	7,075	29,799	37,563	24,155	19,105	25,603	31,011	31,185	33,406
`490/1`	2,797	2,767	3,096	2,922	4,710	1,094	3,488	1,887	3,673	1,374	1,873	1,944	324	-
Balance sheet: equity and liabilities
`10/49`	84,688	100,354	87,907	106,872	129,986	88,391	111,517	113,109	58,830	64,499	64,009	80,965	68,988	47,226
`10/15`	39,510	25,544	-9,274	-34,603	24,585	12,830	-19,769	9,778	6,094	11,947	9,828	8,721	6,455	8,308
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
`13`	20,860	1,860	1,860	1,860	1,860	1,860	1,860	3,360	1,860	4,860	2,860	1,860	1,860	1,860
`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-
`133`	20,860	1,860	1,860	-	-	-	-	1,500	-	3,000	1,000	-	-	-
`14`	50	5,084	-29,734	-55,063	4,125	-7,630	-27,829	218	-1,966	887	768	661	-1,605	248
`16`	-	-	-	-	-	-	-	-	1,000	1,000	1,000	800	-	-
`160/5`	-	-	-	-	-	-	-	-	1,000	1,000	1,000	800	-	-
`164/5`	-	-	-	-	-	-	-	-	1,000	1,000	-	-	-	-
`17/49`	45,178	74,810	97,181	141,475	105,401	75,561	131,286	103,331	51,737	51,552	53,181	71,444	62,533	38,918
`17`	-	1,560	10,828	19,946	28,917	39,109	50,497	6,742	-	1,984	5,883	-	-	-
`170/4`	-	1,560	10,828	19,946	28,917	39,109	50,497	6,742	-	1,984	5,883	-	-	-
`42/48`	42,829	70,993	84,799	119,954	73,196	36,388	80,789	96,588	51,737	45,099	47,235	67,569	62,530	38,918
`42`	11,843	21,165	26,897	18,724	11,364	12,105	6,246	2,634	1,984	3,899	3,810	-	-	-
`44`	12,051	27,232	43,082	74,814	29,522	18,690	47,983	19,913	31,623	29,977	30,526	55,466	45,643	27,612
`440/4`	12,051	27,232	43,082	74,814	29,522	18,690	47,983	19,913	31,623	29,977	30,526	55,466	45,643	27,612
`45`	18,935	22,596	14,820	26,416	12,310	5,593	26,560	24,041	18,130	11,224	12,453	11,380	16,439	11,306
`450/3`	9,248	8,271	4,834	7,708	1,182	233	7,390	9,664	10,544	10,289	8,996	8,651	10,378	8,314
`454/9`	9,687	14,325	9,986	18,708	11,128	5,360	19,171	14,376	7,586	935	3,457	2,729	6,061	2,992
`47/48`	-	-	-	-	20,000	-	-	50,000	-	-	446	723	448	-
`492/3`	2,349	2,257	1,554	1,575	3,288	64	-	-	-	4,469	64	3,875	3	-
Income statement
`70`	-	-	-	-	-	-	459,228	538,516	458,255	492,826	454,915	469,887	433,166	95,683
`76A`	-	-	-	-	-	-	-	-	-	-	-	-	126	-
`9900`	146,608	161,569	153,314	105,424	98,225	93,549	89,970	130,879	93,194	109,268	88,460	85,041	65,353	10,983
`60/61`	-	-	-	-	-	-	369,257	407,636	365,061	383,558	366,455	384,846	367,813	84,927
`62`	114,449	106,863	110,059	152,343	56,956	61,115	112,039	113,645	84,796	90,398	73,223	72,310	58,194	8,072
`630`	2,992	2,940	3,113	3,089	5,571	5,374	6,117	6,177	8,021	7,762	6,952	5,018	4,318	224
`635/8`	-	-	-	-	-	-	-	-1,000	-	-	200	800	-	-
`640/8`	7,733	9,963	9,748	6,913	3,666	9,196	4,009	7,638	4,245	5,898	5,131	4,413	4,977	300
`66A`	-	1,700	1,500	-	-	-	900	1,173	179	730	624	-	-	-
`9901`	21,434	40,103	28,894	-56,921	32,032	17,864	-33,095	3,246	-4,047	4,479	2,955	2,500	-2,136	2,387
`75/76B`	2,176	2,429	1,791	2,488	3,388	4,601	4,211	1,736	276	79	229	482	231	442
`75`	2,176	2,429	1,791	2,488	3,388	4,601	4,211	1,736	276	79	229	482	231	442
`65/66B`	4,654	4,036	5,356	4,755	2,659	2,150	583	1,206	2,082	1,047	890	439	58	21
`65`	4,654	4,036	5,356	4,755	2,659	2,150	583	1,206	1,182	997	890	439	58	21
`66B`	-	-	-	-	-	-	-	-	900	50	-	-	-	-
`9903`	18,956	38,496	25,329	-59,188	32,761	20,315	-29,467	3,776	-5,854	3,511	1,670	2,543	-1,837	2,808
`67/77`	4,990	3,678	-	-	1,006	116	80	91	-	1,392	563	277	16	700
`9904`	13,966	34,818	25,329	-59,188	31,755	20,199	-29,547	3,685	-5,854	2,119	1,107	2,266	-1,853	2,108
`9905`	13,966	34,818	25,329	-59,188	31,755	20,199	-29,547	3,685	-5,854	2,119	1,107	2,266	-1,853	2,108
Appropriation of the result
`9906`	19,050	5,084	-29,734	-55,063	24,125	-7,630	-29,329	1,718	-4,966	2,887	1,768	661	-1,605	2,108
`14P`	5,084	-29,734	-55,063	4,125	-7,630	-	-	-	-	-	-	-	-	-
`791/2`	-	-	-	-	-	-	1,500	-	3,000	-	-	-	-	-
`691/2`	19,000	-	-	-	-	-	-	1,500	-	2,000	1,000	-	-	1,860
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	19,000	-	-	-	-	-	-	1,500	-	2,000	1,000	-	-	-
`694/7`	-	-	-	-	20,000	-	-	-	-	-	-	-	-	-
`694`	-	-	-	-	20,000	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	2.3	2	2	3.4	3.4	3	2.7	2.7	2.4	2.1	2.1	1.4	1.7	0.2
Hours worked`1013`	3,504	3,373	3,548	5,677	2,359	2,852	5,001	4,830	4,298	4,432	3,695	3,623	3,271	385
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	03-07-2026	2026-00251839	PDF
31-12-2024	full format	02-07-2025	2025-00222631	PDF
31-12-2023	full format	04-07-2024	2024-00211418	PDF
31-12-2022	full format	11-07-2023	2023-00224078	PDF
31-12-2021	full format	01-07-2022	2022-20117904	PDF
31-12-2020	micro format	06-07-2021	2021-33700007	PDF
31-12-2019	micro format	12-08-2020	2020-40900004	PDF
31-12-2018	micro format	23-08-2019	2019-49600075	PDF
31-12-2017	micro format	10-08-2018	2018-45900282	PDF
31-12-2016	micro format	28-07-2017	2017-39000465	PDF
31-12-2015	full format	31-08-2016	2016-57600589	PDF
31-12-2014	full format	25-08-2015	2015-51000422	PDF
31-12-2013	full format	30-10-2014	2014-66200593	PDF
31-12-2012	full format	04-11-2013	2013-65600043	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
24,426	43,043	32,007	-53,832	37,603	23,238	-26,978	9,423	3,974	12,241	9,906	7,518	2,182	2,611
16,958	37,758	28,442	-56,099	37,326	25,573	-23,430	9,861	2,167	9,881	8,059	7,284	2,465	2,332
0	5,417	2,547	3,133	11,287	1,787	780	14,282	3,051	6,573	22,127	4,740	16,137	1,225
1,081	-1,729	4,893	-6,037	5,210	-22,724	-7,764	13,408	5,050	-6,498	-5,408	-174	-2,221	-
35,594	20,104	-9,651	-26,407	41,840	42,769	17,730	-1,813	-11,389	-4,231	-8,775	854	-6,362	7,307
-	-	-	-	-	-	-7.2%	0.6%	-0.9%	0.9%	0.6%	0.5%	-0.5%	2.5%
46.7%	25.5%	-10.5%	-32.4%	18.9%	14.5%	-17.7%	8.6%	10.4%	18.5%	15.4%	10.8%	9.4%	17.6%
1.83	1.28	0.89	0.78	1.57	2.18	1.22	0.98	0.78	0.91	0.81	1.01	0.90	1.19
1.70	1.18	0.80	0.70	1.42	1.92	1.12	0.91	0.66	0.75	0.66	0.92	0.79	1.11
1.14	2.93	-	-	4.29	5.89	-	10.57	8.49	4.31	5.41	8.19	9.69	4.68
35.3%	136.3%	-	-	129.2%	157.4%	-	37.7%	-96.1%	17.7%	11.3%	26.0%	-28.7%	25.4%
16.5%	34.7%	28.8%	-55.4%	24.4%	22.9%	-26.5%	3.3%	-10.0%	3.3%	1.7%	2.8%	-2.7%	4.5%
5.25	10.66	5.98	-11.32	14.14	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	5 days	1 day	4 days	9 days	2 days	23 days	15 days	19 days
-	-	-	-	-	-	47 days	18 days	32 days	29 days	30 days	53 days	45 days	119 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	3	3	4	5
part-time	3	3	3	4	5
in full-time equivalents	2	2	2	2.6	3.4
	2.3	2	2	3.4	2.3
On a permanent contract	3	3	3	3	4
Joined	1	1	0	0	2
Left	1	1	1	1	0

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€5,417	€2,547	€3,133	€11,287
	€2,992	€2,940	€3,113	€3,089	€5,571

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VALCLEO

The operating result for 2025 is 47% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 74.5% to 53.3%. Equity is higher and debt is lower.

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency46.7%

Current ratio1.83

Return on assets16.5%

Staff

Staff cost per FTE€49,760

Joined and leftlevel

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on VALCLEO

Next steps

in euro

in euro

46.7%

1.83

16.5%

€49,760

level