VALIS TECHNICS
InactiveVALIS TECHNICS was declared bankrupt on 06-12-2023 (Ondernemingsrechtbank Gent, afdeling Veurne); the bankruptcy was closed for insufficient assets by judgment of 01-10-2025, published in the Belgian State Gazette on 06-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 15-07-2022, 16 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
16 d early
2020
72 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€28,604
2020 · -€3,235
Total assets
€141,762▲ 276%
2020 · €37,721
Net result
€31,839
2020 · -€8,235
Working capital
€13,969
2020 · -€3,235
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021
Operating result-€8,235-€31,878
Net result-€8,235-€31,839
Equity-€3,235-€28,604
Total assets€37,721-€141,762▲ 276%
Debt€40,956-€113,158▲ 176%
Working capital-€3,235-€13,969
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €31,878 after a loss of €8,235 in 2020.
Balance-sheet composition
Assets €141,762
Fixed assets
€40,308
Current assets
€101,454
Equity and liabilities €141,762
Equity
€28,604
Debt
€113,158
Debt finances 79.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€41,955
Cash flow
€41,916
Current ratio
1.16▲
2020 · 0.92
Debt to equity
3.96
ROE
111.3%
ROA
22.5%▲
2020 · -21.8%
Interest coverage
1081.31
Debt ≤ 1 year
€87,484▲
2020 · €40,956
Debt > 1 year
€25,674
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €10,077 | - |
| Gross operating margin9900 | €52,997 | €41,955 | ▼ 20.8% |
| Operating profit (loss)9901 | -€8,235 | €31,878 | ▲ 487% |
| Financial charges65/66B | - | €39 | - |
| Recurring financial charges65 | - | €39 | - |
| Profit (loss) for the period before taxes9903 | -€8,235 | €31,839 | ▲ 487% |
| Profit (loss) for the period9904 | -€8,235 | €31,839 | ▲ 487% |
| Profit (loss) for the period to be appropriated9905 | -€8,235 | €31,839 | ▲ 487% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €37,721 | €141,762 | ▲ 276% |
| Fixed assets21/28 | - | €40,308 | - |
| Tangible fixed assets22/27 | - | €40,308 | - |
| Furniture and vehicles24 | - | €40,308 | - |
| Current assets29/58 | €37,721 | €101,454 | ▲ 169% |
| Amounts receivable within one year40/41 | €13,020 | €81,396 | ▲ 525% |
| Trade receivables40 | - | €69,285 | - |
| Other amounts receivable41 | - | €12,111 | - |
| Cash at bank and in hand54/58 | €24,701 | €20,058 | ▼ 18.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €37,721 | €141,762 | ▲ 276% |
| Equity10/15 | -€3,235 | €28,604 | ▲ 984% |
| Contributions10/11 | - | €5,000 | - |
| Profit (loss) carried forward14 | -€8,235 | €23,604 | ▲ 387% |
| Amounts payable17/49 | €40,956 | €113,158 | ▲ 176% |
| Amounts payable after more than one year17 | - | €25,674 | - |
| Financial debts170/4 | - | €25,674 | - |
| Amounts payable within one year42/48 | €40,956 | €87,484 | ▲ 114% |
| Current portion of amounts payable after more than one year42 | - | €9,034 | - |
| Trade debts44 | €30,551 | €60,845 | ▲ 99.2% |
| Suppliers440/4 | - | €60,845 | - |
| Other amounts payable47/48 | - | €17,605 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€8,235 | €31,839 | ▲ 487% |
| + Depreciation and write-downs630 | - | €10,077 | - |
| Operating cash flow (approximation) | -€8,235 | €41,916 | ▲ 609% |
| Change in cash | - | -€4,643 | - |
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
06-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Veurne · event 01-10-2025
2023
13-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · event 06-12-2023
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €31,839
Net result €31,839 after one loss-making year.
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
SignalFinancial 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KAREL VERSTEELE OUDE BEESTENMARKT 18,
8630 VEURNE |
06-12-2023 → 01-10-2025 |