VALDESRO
ActiveSummary
VALDESRO has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409k and a net result of €65k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 2344 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+4
Solvency46▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.94 in 2024; short-term debt: 78.9% and cash: 1.1% of total assets), and 78.9% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.1%
Return on assets
3.3%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2344 sector peers (2025).
NBB · sector comparisonPosition among 2344 sector peers
Solvency
better than 21%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
7 d early
2023
8 d early
2022
6 d early
2021
58 d late
2020
3 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€409k▲ 18.8%
2024 · €344k
2018: €222klowest in 8 years
2019: €242k▲ +9.0% vs 2018
2020: €262k▲ +8.5% vs 2019
2021: €286k▲ +8.8% vs 2020
2022: €319k▲ +11.8% vs 2021
2023: €335k▲ +4.7% vs 2022
2024: €344k▲ +2.8% vs 2023
2025: €409k▲ +18.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.93M▲ 13.3%
2024 · €1.71M
2018: €617k
2019: €595k▼ -3.7% vs 2018lowest in 8 years
2020: €622k▲ +4.5% vs 2019
2021: €1.62M▲ +160% vs 2020
2022: €1.56M▼ -3.3% vs 2021
2023: €1.55M▼ -0.9% vs 2022
2024: €1.71M▲ +10.2% vs 2023
2025: €1.93M▲ +13.3% vs 2024highest in 8 years
2018 → 2025
Net result
€65k▲ 579%
2024 · €10k
2018: €20k
2019: €20k▲ +1.6% vs 2018
2020: €21k▲ +2.8% vs 2019
2021: €23k▲ +12.7% vs 2020
2022: €34k▲ +45.6% vs 2021
2023: €15k▼ -55.4% vs 2022
2024: €10k▼ -37.0% vs 2023lowest in 8 years
2025: €65k▲ +579% vs 2024highest in 8 years
2018 → 2025
Working capital
€-13k▲ 84.0%
2024 · €-79k
2018: €-61k
2019: €-63k▼ -3.3% vs 2018
2020: €-72k▼ -13.0% vs 2019
2021: €-76k▼ -5.7% vs 2020
2022: €2k▲ +103% vs 2021highest in 8 years
2023: €-86k▼ -4064% vs 2022lowest in 8 years
2024: €-79k▲ +8.7% vs 2023
2025: €-13k▲ +84.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€286k-€319k▲ 11.8%€335k▲ 4.7%€344k▲ 2.8%€409k▲ 18.8%
2021: €286klowest in 5 years
2022: €319k▲ +11.8% vs 2021
2023: €335k▲ +4.7% vs 2022
2024: €344k▲ +2.8% vs 2023
2025: €409k▲ +18.8% vs 2024highest in 5 years
Operating result€42k-€56k▲ 34.7%€27k▼ 51.0%€18k▼ 36.0%€97k▲ 455%
2021: €42k
2022: €56k▲ +34.7% vs 2021
2023: €27k▼ -51.0% vs 2022
2024: €18k▼ -36.0% vs 2023lowest in 5 years
2025: €97k▲ +455% vs 2024highest in 5 years
Net result€23k-€34k▲ 45.6%€15k▼ 55.4%€10k▼ 37.0%€65k▲ 579%
2021: €23k
2022: €34k▲ +45.6% vs 2021
2023: €15k▼ -55.4% vs 2022
2024: €10k▼ -37.0% vs 2023lowest in 5 years
2025: €65k▲ +579% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 455% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€421k ▼ 6.0%
Current assets
€1.51M ▲ 20.2%
Equity and liabilities €1.93M
Equity
€409k ▲ 18.8%
Debt
€1.52M ▲ 11.9%
Debt's share of the balance-sheet total falls from 79.8% to 78.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€124k▲
2024 · €45k
Cash flow
€92k▲
2024 · €37k
Current ratio
0.99▲
2024 · 0.94
Debt to equity
3.73▼
2024 · 3.96
ROE
15.8%▲
2024 · 2.8%
ROA
3.3%▲
2024 · 0.6%
Interest coverage
161.60▲
2024 · 23.59
Debt ≤ 1 year
€1.52M▲
2024 · €1.34M
Debt > 1 year
€0▼
2024 · €25k
Income taxes
€32k▲
2024 · €6k
Staff costs
€208k▲
2024 · €208k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.71M€1.93M▲
Fixed assets21/28€448k€421k▼
Tangible fixed assets22/27€448k€421k▼
Land and buildings22€441k€416k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€0-
Current assets29/58€1.26M€1.51M▲
Amounts receivable within one year40/41€1.25M€1.49M▲
Trade receivables40€1.23M€1.48M▲
Other amounts receivable41€20k€15k▼
Cash at bank and in hand54/58€11k€21k▲
Equity and liabilities
Total equity and liabilities10/49€1.71M€1.93M▲
Equity10/15€344k€409k▲
Contributions10/11€150k€150k=
Reserves13€194k€259k▲
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€179k€244k▲
Amounts payable17/49€1.36M€1.52M▲
Amounts payable after more than one year17€25k€0▼
Financial debts170/4€25k€0▼
Amounts payable within one year42/48€1.34M€1.52M▲
Current portion of amounts payable after more than one year42€30k€25k▼
Trade debts44€1.21M€1.38M▲
Suppliers440/4€1.21M€1.38M▲
Taxes, remuneration and social security45€23k€42k▲
Taxes450/3€951€17k▲
Remuneration and social security454/9€22k€25k▲
Other amounts payable47/48€78k€78k▲
Income statement
Code20242025
Remuneration, social security and pensions62€208k€208k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€256k€336k▲
Operating profit (loss)9901€18k€97k▲
Financial income75/76B€3€10▲
Recurring financial income75€3€10▲
Financial charges65/66B€2k€770▼
Recurring financial charges65€2k€770▼
Profit (loss) for the period before taxes9903€16k€97k▲
Income taxes67/77€6k€32k▲
Profit (loss) for the period9904€10k€65k▲
Profit (loss) for the period to be appropriated9905€10k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€65k▲
Transfer to equity691/2€10k€65k▲
To other reserves6921€10k€65k▲
Social balance
Average headcount (FTE)90872.92.9=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €159k | €197k | €178k | €208k | €208k | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €26k | €26k | €28k | €27k | ▼ 1.6% |
| Other operating charges640/8 | €3k | €2k | €5k | €4k | €4k | ▼ 1.2% |
| Gross operating margin9900 | €229k | €281k | €237k | €256k | €336k | ▲ 31.0% |
| Operating profit (loss)9901 | €42k | €56k | €27k | €18k | €97k | ▲ 455% |
| Financial income75/76B | €1 | - | €0 | €3 | €10 | ▲ 223% |
| Recurring financial income75 | €1 | - | €0 | €3 | €10 | ▲ 223% |
| Financial charges65/66B | €6k | €5k | €3k | €2k | €770 | ▼ 59.7% |
| Recurring financial charges65 | €6k | €5k | €3k | €2k | €770 | ▼ 59.7% |
| Profit (loss) for the period before taxes9903 | €36k | €51k | €24k | €16k | €97k | ▲ 518% |
| Income taxes67/77 | €12k | €17k | €9k | €6k | €32k | ▲ 423% |
| Profit (loss) for the period9904 | €23k | €34k | €15k | €10k | €65k | ▲ 579% |
| Profit (loss) for the period to be appropriated9905 | €23k | €34k | €15k | €10k | €65k | ▲ 579% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.62M | €1.56M | €1.55M | €1.71M | €1.93M | ▲ 13.3% |
| Fixed assets21/28 | €519k | €493k | €476k | €448k | €421k | ▼ 6.0% |
| Tangible fixed assets22/27 | €519k | €493k | €476k | €448k | €421k | ▼ 6.0% |
| Land and buildings22 | €517k | €492k | €467k | €441k | €416k | ▼ 5.7% |
| Plant, machinery and equipment23 | - | - | €9k | €7k | €5k | ▼ 27.4% |
| Furniture and vehicles24 | €2k | €1k | €445 | €0 | - | - |
| Current assets29/58 | €1.10M | €1.07M | €1.07M | €1.26M | €1.51M | ▲ 20.2% |
| Amounts receivable within one year40/41 | €1.03M | €993k | €1.02M | €1.25M | €1.49M | ▲ 19.6% |
| Trade receivables40 | €1.02M | €989k | €1.01M | €1.23M | €1.48M | ▲ 20.4% |
| Other amounts receivable41 | €4k | €4k | €11k | €20k | €15k | ▼ 26.6% |
| Cash at bank and in hand54/58 | €53k | €77k | €49k | €11k | €21k | ▲ 90.9% |
| Deferred charges and accrued income490/1 | €16k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.62M | €1.56M | €1.55M | €1.71M | €1.93M | ▲ 13.3% |
| Equity10/15 | €286k | €319k | €335k | €344k | €409k | ▲ 18.8% |
| Contributions10/11 | €150k | €150k | €150k | €150k | €150k | = |
| Reserves13 | €136k | €169k | €185k | €194k | €259k | ▲ 33.3% |
| Non-distributable reserves130/1 | €15k | €15k | €15k | €15k | €15k | = |
| Reserves not available under the articles1311 | €15k | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | €121k | €154k | €170k | €179k | €244k | ▲ 36.1% |
| Amounts payable17/49 | €1.33M | €1.24M | €1.21M | €1.36M | €1.52M | ▲ 11.9% |
| Amounts payable after more than one year17 | €157k | €106k | €55k | €25k | €0 | ▼ 100% |
| Financial debts170/4 | €157k | €106k | €55k | €25k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €1.17M | €1.07M | €1.16M | €1.34M | €1.52M | ▲ 14.1% |
| Current portion of amounts payable after more than one year42 | €51k | €51k | €51k | €30k | €25k | ▼ 14.2% |
| Trade debts44 | €25k | €901k | €1.00M | €1.21M | €1.38M | ▲ 14.3% |
| Suppliers440/4 | €25k | €901k | €1.00M | €1.21M | €1.38M | ▲ 14.3% |
| Taxes, remuneration and social security45 | €23k | €39k | €28k | €23k | €42k | ▲ 82.3% |
| Taxes450/3 | €23k | €20k | €9k | €951 | €17k | ▲ 1,687% |
| Remuneration and social security454/9 | €111 | €19k | €19k | €22k | €25k | ▲ 12.9% |
| Other amounts payable47/48 | €1.07M | €76k | €78k | €78k | €78k | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | €69k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €34k | €15k | €10k | €65k | ▲ 579% |
| + Depreciation and write-downs630 | €25k | €26k | €26k | €28k | €27k | ▼ 1.6% |
| Operating cash flow (approximation) | €49k | €60k | €42k | €37k | €92k | ▲ 147% |
| Investment in fixed assets (approximation) | - | €0 | €-9k | €0 | €0 | - |
| Change in cash | - | €23k | €-28k | €-38k | €10k | ▲ 126% |
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
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €65k ▲579%
Operating result €97k, net result €65k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €10k ▼37%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2009
Ground area
1,904 m²
Building footprint
663 m²
Volume, LiDAR
7,410 m³
Parcel 46445D1194/00P002, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
August De Boeckstraat 1, 9100 Sint-Niklaas
since 20092.186.905.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1194/00P002 | Flanders | 1,904 m² | 1 · 663 m² | 15.6 m · 4 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.
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,979. 6,560 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
Founded08-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
Scores and ratios are computed by Checked and are not a credit decision.