VALIMO
ActiveSummary
VALIMO has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €714,753 and a net result of €1,982. Equity is shrinking by ~12.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 93% of 947 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-8
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 9.78 against 10.42 in 2023; short-term debt: 4.5% and cash: 37.3% of total assets), and 10.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more 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 2024Solvency, return and age of the figures
Solvency
89.5%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
28 d early
2022
29 d late
2021
78 d late
2020
61 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#2 oldest company in Sint-Gillis-Waas, Transport and storage sector#7 company by equity in Sint-Gillis-Waas, Transport and storage sector#9 company by total assets in Sint-Gillis-Waas, Transport and storage sector
Equity
€714,753▲ 0.3%
2023 · €712,771
Total assets
€798,769▼ 0.1%
2023 · €799,807
Net result
€1,982▼ 96.3%
2023 · €53,196
Working capital
€314,446▲ 9.5%
2023 · €287,281
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€30,582▼ 65.3%€3,538▼ 88.4%€76,828▲ 2,072%€60,363▼ 21.4%€2,268▼ 96.2%
Net result€20,274within the sector's middle half▼ 70.7%€9,389within the sector's middle half▼ 53.7%€24,199within the sector's middle half▲ 158%€53,196within the sector's middle half▲ 120%€1,982within the sector's middle half▼ 96.3%
Equity€2.0mabove the sector's middle half▲ 1.0%€2.0mabove the sector's middle half▲ 0.5%€659,574within the sector's middle half▼ 67.6%€712,771within the sector's middle half▲ 8.1%€714,753within the sector's middle half▲ 0.3%
Total assets€2.1mwithin the sector's middle half▼ 3.6%€2.2mwithin the sector's middle half▲ 1.2%€2.2mwithin the sector's middle half▲ 1.1%€799,807within the sector's middle half▼ 63.4%€798,769within the sector's middle half▼ 0.1%
Debt€56,492▼ 63.2%€77,102▲ 36.5%€1.5m▲ 1,819%€43,747▼ 97.0%€44,465▲ 1.6%
Working capital€1.6mabove the sector's middle half▲ 0.4%€1.6mabove the sector's middle half▲ 1.9%€249,452within the sector's middle half▼ 84.5%€287,281within the sector's middle half▲ 15.2%€314,446within the sector's middle half▲ 9.5%
Solvency94.8%above the sector's middle half▲ 4.3pp94.1%above the sector's middle half▼ 0.7pp30.2%within the sector's middle half▼ 63.9pp89.1%above the sector's middle half▲ 59.0pp89.5%above the sector's middle half▲ 0.4pp
Current ratio51.13above the sector's middle half1.17within the sector's middle half▼ 49.9610.42above the sector's middle half▲ 9.259.78above the sector's middle half▼ 0.64
Return on assets (ROA)0.9%within the sector's middle half▼ 2.2pp0.4%below the sector's middle half▼ 0.5pp1.1%within the sector's middle half▲ 0.7pp6.7%within the sector's middle half▲ 5.5pp0.2%within the sector's middle half▼ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 96% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €798,769
Fixed assets
€448,521 ▼ 7.0%
Current assets
€350,248 ▲ 10.2%
Equity and liabilities €798,769
Equity
€714,753 ▲ 0.3%
Provisions
€39,551 ▼ 8.6%
Debt
€44,465 ▲ 1.6%
Debt's share of the balance-sheet total rises from 5.5% to 5.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,674▼
2023 · €76,769
Cash flow
€18,388▼
2023 · €69,602
Debt to equity
0.06▲
2023 · 0.06
ROE
0.3%▼
2023 · 7.5%
Interest coverage
104.86▲
2023 · 12.93
Debt ≤ 1 year
€35,802▲
2023 · €30,493
Debt > 1 year
€8,664▼
2023 · €12,694
Income taxes
€4,400▼
2023 · €14,263
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,046 | €17,046 | €17,046 | €16,406 | €16,406 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €44,441 | €11,614 | -€33,749 | -€14,296 | ▲ 57.6% |
| Other operating charges640/8 | - | €22,901 | €23,473 | €25,810 | €36,528 | ▲ 41.5% |
| Gross operating margin9900 | €70,283 | €87,926 | €128,961 | €68,830 | €40,905 | ▼ 40.6% |
| Operating profit (loss)9901 | €30,582 | €3,538 | €76,828 | €60,363 | €2,268 | ▼ 96.2% |
| Financial income75/76B | - | €9,260 | €6,315 | €9,297 | €554 | ▼ 94.0% |
| Recurring financial income75 | €3,918 | €9,260 | €6,315 | €9,297 | €554 | ▼ 94.0% |
| Financial charges65/66B | - | €886 | €42,262 | €5,939 | €178 | ▼ 97.0% |
| Recurring financial charges65 | €7,572 | €886 | €42,262 | €5,939 | €178 | ▼ 97.0% |
| Profit (loss) for the period before taxes9903 | €26,928 | €11,912 | €40,881 | €63,721 | €2,643 | ▼ 95.9% |
| Transfer from deferred taxes780 | - | €3,739 | €3,739 | €3,739 | €3,739 | = |
| Income taxes67/77 | €10,392 | €6,261 | €20,421 | €14,263 | €4,400 | ▼ 69.2% |
| Profit (loss) for the period9904 | €20,274 | €9,389 | €24,199 | €53,196 | €1,982 | ▼ 96.3% |
| Transfer from tax-exempt reserves789 | - | €11,217 | €11,217 | €11,217 | €11,217 | = |
| Profit (loss) for the period to be appropriated9905 | €31,491 | €20,606 | €35,416 | €64,413 | €13,199 | ▼ 79.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.2m | €2.2m | €799,807 | €798,769 | ▼ 0.1% |
| Fixed assets21/28 | €541,595 | €519,143 | €502,097 | €482,033 | €448,521 | ▼ 7.0% |
| Tangible fixed assets22/27 | €515,425 | €498,379 | €481,333 | €464,927 | €448,521 | ▼ 3.5% |
| Land and buildings22 | - | €498,379 | €481,333 | €464,927 | €448,521 | ▼ 3.5% |
| Financial fixed assets28 | €26,170 | €20,764 | €20,764 | €17,106 | - | - |
| Current assets29/58 | €1.6m | €1.6m | €1.7m | €317,774 | €350,248 | ▲ 10.2% |
| Stocks and contracts in progress3 | €500 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €101,459 | €55,136 | €59,898 | €55,811 | €50,206 | ▼ 10.0% |
| Trade receivables40 | - | €47,216 | €51,707 | €44,272 | €34,142 | ▼ 22.9% |
| Other amounts receivable41 | - | €7,920 | €8,191 | €11,539 | €16,065 | ▲ 39.2% |
| Current investments50/53 | €1.1m | €1.2m | €1.2m | - | - | - |
| Cash at bank and in hand54/58 | €355,834 | €395,461 | €453,730 | €259,054 | €298,055 | ▲ 15.1% |
| Deferred charges and accrued income490/1 | - | €5,556 | €3,920 | €2,909 | €1,987 | ▼ 31.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.2m | €2.2m | €799,807 | €798,769 | ▼ 0.1% |
| Equity10/15 | €2.0m | €2.0m | €659,574 | €712,771 | €714,753 | ▲ 0.3% |
| Contributions10/11 | - | €264,007 | €264,007 | €264,007 | €264,007 | = |
| Reserves13 | €1.7m | €1.7m | €267,486 | €256,270 | €245,053 | ▼ 4.4% |
| Non-distributable reserves130/1 | - | €26,401 | €26,401 | - | - | - |
| Reserves not available under the articles1311 | - | €26,401 | €26,401 | - | - | - |
| Tax-exempt reserves132 | - | €152,302 | €141,086 | €129,869 | €118,652 | ▼ 8.6% |
| Distributable reserves133 | - | €1.5m | €100,000 | €126,401 | €126,401 | = |
| Profit (loss) carried forward14 | €72,060 | €92,666 | €128,081 | €192,494 | €205,694 | ▲ 6.9% |
| Provisions and deferred taxes16 | €54,506 | €50,767 | €47,029 | €43,290 | €39,551 | ▼ 8.6% |
| Deferred taxes168 | - | €50,767 | €47,029 | €43,290 | €39,551 | ▼ 8.6% |
| Amounts payable17/49 | €56,492 | €77,102 | €1.5m | €43,747 | €44,465 | ▲ 1.6% |
| Amounts payable after more than one year17 | €41,412 | €43,702 | €43,702 | €12,694 | €8,664 | ▼ 31.7% |
| Other amounts payable178/9 | - | €43,702 | €43,702 | €12,694 | €8,664 | ▼ 31.7% |
| Amounts payable within one year42/48 | €13,945 | €32,155 | €1.4m | €30,493 | €35,802 | ▲ 17.4% |
| Trade debts44 | €13,688 | €27,042 | €29,905 | €28,639 | €35,802 | ▲ 25.0% |
| Suppliers440/4 | - | €27,042 | €29,905 | €28,639 | €35,802 | ▲ 25.0% |
| Taxes, remuneration and social security45 | - | €5,113 | €5,112 | €617 | - | - |
| Taxes450/3 | - | €5,113 | €5,112 | €617 | - | - |
| Other amounts payable47/48 | - | - | €1.4m | €1,237 | - | - |
| Accrued charges and deferred income492/3 | - | €1,245 | €1,245 | €560 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,274 | €9,389 | €24,199 | €53,196 | €1,982 | ▼ 96.3% |
| + Depreciation and write-downs630 | €17,046 | €17,046 | €17,046 | €16,406 | €16,406 | = |
| Operating cash flow (approximation) | €37,320 | €26,436 | €41,245 | €69,602 | €18,388 | ▼ 73.6% |
| Investment in fixed assets (approximation) | - | €5,405 | €0 | €3,658 | €17,106 | ▲ 368% |
| Change in cash | - | €39,627 | €58,269 | -€194,676 | €39,001 | ▲ 120% |
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
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €1,982 ▼96.3%
Net result drops to €1,982, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 9current ratio 10.42
Current ratio from 1.17 to 10.42; short-term debt falls from €1.4m to €30,493.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Liquidity times 7current ratio 114.41
Current ratio from 15.26 to 114.41; short-term debt falls from €110,377 to €13,945.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
31-12
Financial
Equity above €2mEq €2.0m ▲4.1%
2 profitable years in a row build equity to €2.0m.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Gillis-Waas · 1 establishment unit since 1978
Ground area
1,103 m²
Building footprint
313 m²
Volume, LiDAR
1,937 m³
Parcel 46022A0032/00Y000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zandstraat(SP) 189, 9170 Sint-Gillis-Waas
since 19782.015.212.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46022A0032/00Y000 | Flanders | 1,103 m² | 1 · 313 m² | 7.2 m · 2 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.
Structure & network
Owners and holdings
1 ownerChain of control
- SAMLINCO
- VALIMO
Highest known parent: SAMLINCO. The sources do not say who stands above it.
Owners 1
- SAMLINCOparentSourceaccounts SAMLINCO 2024100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
254900PKL25QU8EHAU86
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Of 1,031 companies in sector 52100 we hold annual accounts for 769. 539 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
Founded24-08-1978
Fiscal year end31-12
Activities, NACEBEL 2025
52100Warehousing and storage
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418565292
Also
9925:BE0418565292
Registered
01-09-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.