VALERI CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for VALERI CONSTRUCT according to publications in the Belgian State Gazette; curator: CHRISTOPHE BAUDOUX.
Summary
The 2024 annual accounts show negative equity (€-214k) and a net result of €-325k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-214k
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 31-05-2025, 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 · 6 filingsDeviation from the deadline
2025
not filed
2024
31 d late
2023
21 d late
2022
28 d late
2021
10 d late
2020
33 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€716k▼ 24.3%
2021 · €946k
2019: €116k
2021: €946k
2019 → 2022
EBIT margin
9.2%▲ 3.7pp
2021 · 5.5%
2019: 8.4%
2021: 5.5%
2019 → 2022
Net result
€-325k▼ 89,593%
2023 · €-362
2019: €3k
2020: €4k
2021: €54k
2022: €49k
2023: €-362
2019 → 2024
Working capital
€73k▼ 33.4%
2023 · €109k
2019: €1k
2020: €-11k
2021: €42k
2022: €101k
2023: €109k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€946k€716k▼ 24.3%
Equity€13k-€61k▲ 354%€111k▲ 83.7%€111k▼ 0.3%€-214k
Operating result€8k-€52k▲ 586%€66k▲ 25.6%€695▼ 98.9%€-324k
Net result€4k-€54k▲ 1,136%€49k▼ 9.2%€-362€-325k▼ 89,593%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €324k after €695 in 2023, the lowest result in the available series.
Key figures and ratios
EBITDA
€-322k▼
2023 · €9k
Cash flow
€-323k▼
2023 · €8k
Solvency
-257.7%▼
2023 · 39.8%
Current ratio
8.09▲
2023 · 1.65
Debt to equity
-0.05▼
2023 · 1.51
ROA
-391.6%▼
2023 · -0.1%
Interest coverage
-779.98▼
2023 · 43.88
Debt
€10k▼
2023 · €168k
Debt ≤ 1 year
€10k▼
2023 · €168k
Income taxes
€164▼
2023 · €851
Staff costs
€258
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 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€279k€83k▼
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Current assets29/58€277k€83k▼
Amounts receivable within one year40/41€266k€83k▼
Trade receivables40€251k€73k▼
Other amounts receivable41€15k€10k▼
Cash at bank and in hand54/58€12k€120▼
Equity and liabilities
Total equity and liabilities10/49€279k€83k▼
Equity10/15€111k€-214k▼
Contributions10/11€6k€6k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€93k€-232k▼
Provisions and deferred taxes16-€286k
Provisions for liabilities and charges160/5-€286k
Other liabilities and charges164/5-€286k
Amounts payable17/49€168k€10k▼
Amounts payable within one year42/48€168k€10k▼
Trade debts44€166k€10k▼
Suppliers440/4€166k€10k▼
Taxes, remuneration and social security45€2k€164▼
Taxes450/3€851€164▼
Remuneration and social security454/9€1k-
Income statement
Code20232024
Remuneration, social security and pensions62-€258
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€286k
Other operating charges640/8€3k€1k▼
Gross operating margin9900€12k€-34k▼
Operating profit (loss)9901€695€-324k▼
Financial charges65/66B€206€413▲
Recurring financial charges65€206€413▲
Profit (loss) for the period before taxes9903€489€-324k▼
Income taxes67/77€851€164▼
Profit (loss) for the period9904€-362€-325k▼
Profit (loss) for the period to be appropriated9905€-362€-325k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€-232k▼
Profit (loss) brought forward from the previous period14P€93k€93k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL VALERI CONSTRUCT RUE ALFRED DOULCERON 15, 1083 GANSHOREN · event 12-11-2025
31-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
30-09
Financial
Weakest financial yearnet €-325k
Net result drops to €-325k, the lowest in the series.
30-09
Financial
Liquidity times 5current ratio 8.09
Current ratio from 1.65 to 8.09; short-term debt falls from €168k to €10k.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
28-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-09
Financial
Liquidity doublescurrent ratio 2.19
Current ratio from 1.09 to 2.19; short-term debt falls from €468k to €85k.
30-09
Financial
Equity above €100kEq €111k ▲83.7%
4 profitable years in a row build equity to €111k.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
30-09
Financial
Highest result since 2019net €54k ▲1136%
Net result €54k, the highest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ganshoren · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alfred Doulceronstraat 151083 GanshorenGround area
332 m²
Building footprint
162 m²
Volume, LiDAR
1,845 m³
2 parcels, Brussels · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VALERI CONSTRUCT
since 20182.275.248.430
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0424/00N005 | Brussels | 172 m² | 1 · 90 m² | 17.1 m · 5 fl. |
| 21008A0112/00L002 | Brussels | 161 m² | 1 · 71 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BAUDOUX RUE DE CLAIRVAUX,
40/202, 1348 LOUVAIN-LA-NEUVE |
12-11-2025 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2018
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.