Turnover
≈ €440,000 estimated
The accounts state no turnover.
VALCLEO
Lifetime
14 annual accounts with figures on one time axispeak €161,569 (2024)
€146,608▼ 9.3%
lowest -€59,188 (2022)
€13,966▼ 59.9%
peak €39,510 (2025)
€39,510▲ 54.7%
€45,178▼ 39.6%
peak 3.4 FTE (2021)
2.3 FTE▲ 15.0%
Board5 names since 2019
3 directorsCLEAR MINDS and 2 others
Owners
100%JOX
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Result from €34,818 to €13,966Staff from 2 FTE to 2.3 FTEEquity from €25,544 to €39,510Debts from €74,810 to €45,178
Key points
from the 2025 annual accountsChecked score
71
Healthy
Financially stronger than 63% of micro companies in food and beverage service (NACE 56)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.1%● unchanged vs 01-2025
03-2025: 2.0%▼ -0.1 percentage points vs 02-2025
04-2025: 2.1%▲ +0.1 percentage points vs 03-2025
05-2025: 2.1%● unchanged vs 04-2025
06-2025: 2.0%▼ -0.1 percentage points vs 05-2025
07-2025: 2.4%▲ +0.4 percentage points vs 06-2025highest value
08-2025: 0.8%▼ -1.6 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.8%▼ -0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▼ -0.3 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026lowest value
11-2026: 0.6%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: 2.3 FTE, total assets €84,688
Sector: Food and beverage service activities (NACE 56)
lowers risk
Founded in 2011
Equity €39,510 (46.7% of total assets)
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 56, micro). It does better than 65% of them on solvency, 35% on liquidity, 70% on profitability and 82% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 34,693 companies had the same profile as VALCLEO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of VALCLEO itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 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 34,693 companies, not a prediction for VALCLEO. 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
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.83 (1.28 in 2024), above the usual 1.5. Short-term debt is 50.6% and cash 12.4% of total assets. However, 53.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
29 days early
2023
27 days early
2022
20 days early
2021
30 days early
2020
25 days early
2019
12 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 21 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
1 director resigning
CLEAR MINDS SRL · Permanent representatives: Olivier LIBOIS, Jean-François BEGUIN and Xavier LIBOIS · Director discharge: CLEAR MINDS SRL · General meeting of 02-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0837750101
Changes of role: Jean-François BEGUIN, XL TELECOM and CLEAR MINDS
Permanent representatives: Jean-François BEGUIN, Xavier LIBOIS and Olivier LIBOIS · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 02-10-2023 · Gazette deed
3 directors appointed, 1 resignation
Resignation: Jean-François BEGUIN · Appointments: J.F.G. SRL, XL TELECOM SRL and CLEAR MINDS SRL · Permanent representatives: Jean-François BEGUIN, Xavier LIBOIS and Olivier LIBOIS · General meeting of 01-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALCLEO Profondeville | €84,688 | €146,608 | 46.7% | 2.3 |
| SALYAX Marche-en-Famenne | €78,296 | €113,045 | -29.4% | 3.3 |
| BARLOU Ghent | €104,990 | €175,252 | 36.1% | 3.5 |
| Cambrinus Turnhout | €106,297 | €143,575 | 60.9% | 3.4 |
| ISOLANO CADIX Antwerp | €123,518 | €109,929 | 79.1% | 2.7 |
| ND FOOD Ixelles | €83,043 | €174,935 | -81.7% | 3.6 |
| Elias-Co Ghent | €120,318 | €114,241 | 50.4% | 2.2 |
These companies have the same main activity as VALCLEO: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €78,300 and €124,000, founded between 2008 and 2016.
Official details
Source: KBO- Status
- Active since 11-07-2011Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.215.779.7105170 Profondeville, since 01-10-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €84,688▼ 15.6%
- Employeeson 31-12-2025
- 3=
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on VALCLEO
VALCLEO files the abbreviated format. That format states no turnover. The gross margin rose from €10,983 in 2012 to €146,608 in 2025.
JOX holds all the shares.
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 VALCLEO
- What is the company number of VALCLEO?
- The company number of VALCLEO is 0837.750.101. The VAT number is the same number with BE in front: BE 0837.750.101.
- Where is VALCLEO based?
- The registered office is at Chaussée de Dinant 12, 5170 Profondeville.Company details
- What does VALCLEO do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of VALCLEO?
- VALCLEO is a private limited company (BV).
- When was VALCLEO founded?
- VALCLEO was founded on 11-07-2011.
- Is VALCLEO still active?
- Yes, VALCLEO is an active enterprise in the KBO register.
- How many employees does VALCLEO have?
- VALCLEO had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of VALCLEO?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €146,608 and 47 comparable companies (NACE 56301). It probably lies between €350,000 and €580,000. In financial year 2019 turnover was €459,228.
- Is VALCLEO profitable?
- In financial year 2025, VALCLEO made a profit of €13,966.
- Where can I find the annual accounts of VALCLEO?
- VALCLEO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALCLEO due?
- VALCLEO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.