VALIMARA
ActiveVALIMARA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187k and a net result of €53k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▼-20
Solvency57▼-41
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 1.98 against 2.46 in 2023; short-term debt: 10.1% and cash: 7.5% of total assets), but 67.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-12-2025, 130 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
130 d late
2023
232 d late
2022
280 d late
2021
233 d late
2020
76 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€187k▲ 31.9%
2023 · €142k
2018: €33k
2019: €43k
2020: €53k
2021: €54k
2022: €112k
2023: €142k
2018 → 2024
Total assets
€580k▲ 197%
2023 · €195k
2018: €61k
2019: €51k
2020: €112k
2021: €103k
2022: €183k
2023: €195k
2018 → 2024
Net result
€53k▼ 0.6%
2023 · €54k
2018: €25k
2019: €10k
2020: €10k
2021: €380
2022: €58k
2023: €54k
2018 → 2024
Working capital
€58k▼ 24.5%
2023 · €77k
2018: €17k
2019: €24k
2020: €17k
2021: €7k
2022: €54k
2023: €77k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€54k▲ 0.7%€112k▲ 108%€142k▲ 26.9%€187k▲ 31.9%
Operating result€14k-€2k▼ 83.6%€80k▲ 3,466%€70k▼ 12.3%€74k▲ 6.2%
Net result€10k-€380▼ 96.4%€58k▲ 15,155%€54k▼ 7.6%€53k▼ 0.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €580k
Fixed assets
€464k▲ 602%
Current assets
€117k▼ 9.6%
Equity and liabilities €580k
Equity
€187k▲ 31.9%
Debt
€393k▲ 638%
The debt ratio rises from 27.3% to 67.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84k▲
2023 · €76k
Cash flow
€63k▲
2023 · €60k
Solvency
32.2%▼
2023 · 72.7%
Current ratio
1.98▼
2023 · 2.46
Quick ratio
1.98▼
2023 · 2.27
Debt / equity
2.10▲
2023 · 0.38
ROE
28.5%▼
2023 · 37.8%
ROA
9.2%▼
2023 · 27.5%
Interest coverage
19.11▼
2023 · 197.56
Debt
€393k▲
2023 · €53k
Debt ≤ 1 year
€59k▲
2023 · €52k
Debt > 1 year
€334k▲
2023 · €859
Income taxes
€17k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€195k€580k▲
Fixed assets21/28€66k€464k▲
Tangible fixed assets22/27€66k€464k▲
Land and buildings22€52k€422k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€11k€38k▲
Current assets29/58€129k€117k▼
Stocks and contracts in progress3€10k-
Stocks30/36€10k-
Amounts receivable within one year40/41€15k€71k▲
Trade receivables40€1k€55k▲
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€103k€43k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€195k€580k▲
Equity10/15€142k€187k▲
Contributions10/11€8k€8k=
Capital10€8k€8k=
Issued capital100€19k€19k=
Uncalled capital101€11k€11k=
Reserves13€134k€179k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€132k€177k▲
Amounts payable17/49€53k€393k▲
Amounts payable after more than one year17€859€334k▲
Financial debts170/4€859€334k▲
Amounts payable within one year42/48€52k€59k▲
Current portion of amounts payable after more than one year42€10k€13k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€38k€43k▲
Taxes450/3€37k€42k▲
Remuneration and social security454/9€1k€1k=
Income statement
Code20232024
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€80k€87k▲
Operating profit (loss)9901€70k€74k▲
Financial income75/76B-€5
Recurring financial income75-€5
Financial charges65/66B€386€4k▲
Recurring financial charges65€386€4k▲
Profit (loss) for the period before taxes9903€70k€70k▲
Income taxes67/77€16k€17k▲
Profit (loss) for the period9904€54k€53k▼
Profit (loss) for the period to be appropriated9905€54k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€53k▼
Transfer to equity691/2€30k€45k▲
To other reserves6921€30k€45k▲
Profit to be distributed694/7€24k€8k▼
Return on contributions (dividend)694-€8k
Directors or managers695€24k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 130 days late
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 232 days late
2024
31-12
Financial
Equity above €150kEq €187k ▲31.9%
7 profitable years in a row build equity to €187k.
06-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 280 days late
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 233 days late
2022
31-12
Financial
Highest result since 2018net €58k ▲15155%
Operating result €80k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲108%
5 profitable years in a row build equity to €112k.
2021
31-12
Financial
Weakest financial yearnet €380 ▼96.4%
Net result drops to €380, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.82
Current ratio from 1.60 to 3.82; short-term debt falls from €28k to €8k.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
Financial 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, Zedelgem · 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.
Rijselsestraat 1188210 ZedelgemGround area
649 m²
Building footprint
116 m²
Volume, LiDAR
706 m³
Parcel 31017C0177/00N000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rijselsestraat 118, 8210 Zedelgem
since 20182.276.144.590
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017C0177/00N000 | Flanders | 649 m² | 1 · 116 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MAXAM
BE 0472.801.655
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THE FOXY'S
BE 0474.578.042
Laarne · Eq €187k
Dentaurum Benelux
BE 0473.830.053
Antwerpen · Eq €188k
HALSTED HAMPTON
BE 0762.817.106
Antwerpen · Eq €188k
Yarrow
BE 0804.893.528
Bree · Eq €186k
Of 1,898 companies in sector 46460 we hold annual accounts for 1,116. 680 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2017
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
47740Retail trade
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.