VALID SOLUTIONS
ActiveSummary
VALID SOLUTIONS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,912 and a net result of €13,269. Equity is growing by about 9.6% per year across the filed financial years. Its solvency ranks better than 65% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- 1 FTE
- Equity
- €218,912
- Profit
- €13,269
Why 94lowers riskLiquidity: current ratio 3.65, cash €92,049Sector: Computer programming, consultancy and related activities (NACE 62)Equity €218,912 (73.2% of total assets)Size: total assets €299,038Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 67% on solvency, 61% on liquidity, 33% on profitability and 52% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €13,269 ▼68.1%
- Appointment: HOFKENS Dale (statutory director)Resignation: HOFKENS Dale (statutory director)…
Financials · financial year 2025, micro format
2025 annual accounts filed late (18 days) Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00403907.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 62% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,041 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €19,562 | €6,992 | €23,113 | €7,427 | €24,901 | ▲ 235% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,441 | €1,920 | €1,628 | €1,168 | €2,419 | €2,765 | €1,840 | €666 | ▼ 63.8% |
| Other operating charges640/8 | - | - | - | €1,057 | €1,404 | €1,072 | €1,073 | €1,099 | ▲ 2.4% |
| Gross operating margin9900 | €41,437 | €72,501 | €65,549 | €61,698 | €36,525 | €47,387 | €69,760 | €49,463 | ▼ 29.1% |
| Operating profit (loss)9901 | €33,337 | €49,412 | €54,920 | €39,911 | €25,709 | €20,437 | €59,419 | €22,797 | ▼ 61.6% |
| Financial income75/76B | - | - | - | €646 | €754 | €2,199 | €2,959 | €11 | ▼ 99.6% |
| Recurring financial income75 | €246 | €935 | €947 | €646 | €754 | €2,199 | €2,959 | €11 | ▼ 99.6% |
| Financial charges65/66B | - | - | - | €436 | €530 | €1,052 | €3,078 | €2,442 | ▼ 20.7% |
| Recurring financial charges65 | €463 | €439 | €898 | €436 | €530 | €1,052 | €3,078 | €2,442 | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €33,121 | €49,908 | €41,594 | €40,121 | €25,934 | €21,583 | €59,301 | €20,367 | ▼ 65.7% |
| Income taxes67/77 | €9,883 | €14,274 | €11,991 | €11,496 | €8,815 | €7,880 | €17,749 | €7,098 | ▼ 60.0% |
| Profit (loss) for the period9904 | €23,237 | €35,634 | €29,604 | €28,625 | €17,119 | €13,704 | €41,552 | €13,269 | ▼ 68.1% |
| Profit (loss) for the period to be appropriated9905 | €23,237 | €35,634 | €29,604 | €28,625 | €17,119 | €13,704 | €41,552 | €13,269 | ▼ 68.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €144,554 | €159,981 | €195,543 | €217,257 | €241,641 | €265,629 | €283,805 | €299,038 | ▲ 5.4% |
| Fixed assets21/28 | €2,261 | €3,375 | €2,804 | €6,015 | €3,596 | €4,279 | €2,439 | €6,773 | ▲ 178% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €4,924 | - |
| Tangible fixed assets22/27 | €2,261 | €3,375 | €2,804 | €6,015 | €3,596 | €4,279 | €2,439 | €1,849 | ▼ 24.2% |
| Land and buildings22 | - | - | - | €1,214 | €607 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €4,801 | €2,989 | €4,279 | €2,439 | €1,849 | ▼ 24.2% |
| Current assets29/58 | €142,293 | €156,606 | €192,738 | €211,242 | €238,045 | €261,350 | €281,366 | €292,265 | ▲ 3.9% |
| Amounts receivable within one year40/41 | €26,259 | €41,005 | €31,406 | €42,997 | €29,328 | €18,665 | €2,775 | €38,129 | ▲ 14× |
| Trade receivables40 | - | - | - | €8,011 | €9,330 | €8,011 | €0 | €37,923 | - |
| Other amounts receivable41 | - | - | - | €34,986 | €19,998 | €10,654 | €2,775 | €206 | ▼ 92.6% |
| Current investments50/53 | €57,778 | €58,878 | €58,878 | €58,878 | €58,878 | €150,092 | €153,170 | €153,170 | = |
| Cash at bank and in hand54/58 | €57,302 | €55,883 | €101,614 | €106,853 | €145,393 | €84,056 | €115,152 | €92,049 | ▼ 20.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,514 | €4,446 | €8,537 | €10,269 | €8,916 | ▼ 13.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €144,554 | €159,981 | €195,543 | €217,257 | €241,641 | €265,629 | €283,805 | €299,038 | ▲ 5.4% |
| Equity10/15 | €94,007 | €129,642 | €159,245 | €187,870 | €204,989 | €182,329 | €205,644 | €218,912 | ▲ 6.5% |
| Contributions10/11 | €7,500 | €7,500 | - | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Reserves13 | €56,461 | €92,095 | €121,699 | €150,324 | €167,443 | €144,783 | €168,097 | €181,366 | ▲ 7.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €148,464 | €165,583 | €142,923 | €166,237 | €179,506 | ▲ 8.0% |
| Profit (loss) carried forward14 | €30,047 | €30,047 | €30,047 | €30,047 | €30,047 | €30,047 | €30,047 | €30,047 | = |
| Amounts payable17/49 | €50,547 | €30,339 | €36,298 | €29,386 | €36,652 | €83,300 | €78,161 | €80,126 | ▲ 2.5% |
| Amounts payable within one year42/48 | €50,547 | €30,339 | €36,298 | €29,386 | €36,652 | €83,300 | €78,161 | €80,126 | ▲ 2.5% |
| Trade debts44 | €18,512 | €15,255 | €23,382 | €15,903 | €20,718 | €19,414 | €17,004 | €30,285 | ▲ 78.1% |
| Suppliers440/4 | - | - | - | €15,903 | €20,718 | €19,414 | €17,004 | €30,285 | ▲ 78.1% |
| Taxes, remuneration and social security45 | - | - | - | €13,271 | €15,722 | €29,129 | €19,605 | €21,776 | ▲ 11.1% |
| Taxes450/3 | - | - | - | €8,472 | €12,989 | €20,241 | €15,604 | €18,549 | ▲ 18.9% |
| Remuneration and social security454/9 | - | - | - | €4,799 | €2,733 | €8,888 | €4,001 | €3,227 | ▼ 19.3% |
| Other amounts payable47/48 | - | - | - | €212 | €212 | €34,758 | €41,552 | €28,065 | ▼ 32.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,237 | €35,634 | €29,604 | €28,625 | €17,119 | €13,704 | €41,552 | €13,269 | ▼ 68.1% |
| + Depreciation and write-downs630 | €2,441 | €1,920 | €1,628 | €1,168 | €2,419 | €2,765 | €1,840 | €666 | ▼ 63.8% |
| Operating cash flow (approximation) | €25,678 | €37,555 | €31,231 | €29,793 | €19,538 | €16,469 | €43,392 | €13,935 | ▼ 67.9% |
| Investment in fixed assets (approximation) | - | -€3,035 | -€1,057 | -€4,379 | €0 | -€3,449 | €0 | -€5,000 | - |
| Change in cash | - | -€1,419 | €45,732 | €5,238 | €38,540 | -€61,337 | €31,096 | -€23,102 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00403907 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00436389 |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00339729 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00387093 |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20297067 |
| 31-12-2020 | micro format | 13-08-2021 | 2021-48100336 |
| 31-12-2019 | micro format | 18-08-2020 | 2020-41700474 |
| 31-12-2018 | micro format | 29-08-2019 | 2019-53500170 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55400266 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-50300598 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HOFKENS Dale |
|
Owners and capital
Capital and shareholders
- 12-11-2025 Converted to unavailable equity · €7,500
- 12-11-2025 Converted to unavailable equity · €1,860
- 12-11-2025 Converted to uncalled contributions · €11,100
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
12-11
Gazette deed
Appointment: HOFKENS Dale (statutory director)Resignation: HOFKENS Dale (statutory director) · Legal-form conversion · Amendment of the articles15 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Legal-form conversion, “behouden, besloten vennootschap” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch) (2 times)
- Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Declaration, “geen vrijstelling van volstorting, niet gestort gedeelte blijft geboekt op eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
- Other provision, “eenparigheid van stemmen, mogelijkheid tot schriftelijke en elektronische algemene vergadering” (deed in Dutch)
- Capital
- Director appointment, HOFKENS Dale (statutory director) (3 times)
- Other provision, “bestuurder” (deed in Dutch)
- Director resignation, HOFKENS Dale (statutory director)
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11041B0096/00N002 | Flanders | 2,607 m² | 1 · 190 m² | 12.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Ontwikkeling, verkoop en exploitatie van op informatie en communicatie gerichte producten. Deze producten kunnen zowel van materiële als…” (deed in Dutch)
4 activities (deed in Dutch)
- Ontwikkeling, verkoop en exploitatie van op informatie en communicatie gerichte producten. Deze producten kunnen zowel van materiële als immateriële aard zijn.
- Alle roerende en onroerende, financiële, industriële en commerciële handelingen stellen die, rechtstreeks of onrechtstreeks, geheel of gedeeltelijk, verband houden met het voorwerp van de vennootschap of de verwezenlijking ervan kunnen vergemakkelijken of helpen uitbreiden.
- Deelnemen door inbreng, fusie, inschrijving of anderszins in alle bestaande of nog op te richten vennootschappen of ondernemingen met een gelijkaardig of aanverwant voorwerp.
- Activiteiten uitoefenen zowel in België als in het buitenland
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, bepalingen van het Wetboek van Vennootschap en Verenigingen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Bevoegdheid en vertegenwoordiging 14.1. Iedere bestuurder heeft de meest uitgebreide bevoegdheid om alle handelingen te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Interimdividend, binnen de grenzen van het Wetboek van vennootschappen en verenigingen” (deed in Dutch)4 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aan alle aandelen zijn dezelfde rechten verbonden” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Rechten worden uitgeoefend door regelmatig in het bezit getreden of gestelde erfgenamen of legatarissen naar evenredigheid van hun rechten…” (deed in Dutch)“Meerdere aandeelhouders, nietigheid” (deed in Dutch)“Voorstel gedaan aan de bestuurder(s) of aan alle aandeelhouders, maand na het voorstel” (deed in Dutch)“Vruchtgebruiker heeft voorkeurrecht tot overname van aandelen, overlijden van aandeelhouder” (deed in Dutch)“Vruchtgebruik en blote eigendom, vruchtgebruiker verwerft vruchtgebruik op de zo verworven aandelen” (deed in Dutch)4 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of May at 19:00
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- 18 provisions in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, regels voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij gebrek aan benoeming treden bestuurders die op dat ogenblik in functie zijn samen op, algemene vergadering heeft meest uitgebreide…” (deed in Dutch)