VALK WELDING
ActiveSummary
VALK WELDING has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247,493 and a net result of €41,201. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-4
Solvency57▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.69 in 2024; short-term debt: 67.7% and cash: 7.3% of total assets), and 67.7% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.3%
Return on assets
5.4%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
59 d early
2024
59 d early
2023
57 d early
2022
32 d early
2021
37 d early
2020
32 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€247,493▲ 12.0%
2024 · €220,968
Total assets
€765,389▲ 61.5%
2024 · €473,890
Net result
€41,201▲ 3.9%
2024 · €39,664
Working capital
€16,029▼ 90.8%
2024 · €174,075
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€57,984▼ 8.0%€80,314▲ 38.5%€68,308▼ 14.9%€74,867▲ 9.6%€74,100▼ 1.0%
Net result€24,837within the sector's middle half▼ 8.0%€41,852above the sector's middle half▲ 68.5%€39,815within the sector's middle half▼ 4.9%€39,664above the sector's middle half▼ 0.4%€41,201above the sector's middle half▲ 3.9%
Equity€154,234above the sector's middle half▼ 1.4%€176,161above the sector's middle half▲ 14.2%€198,208within the sector's middle half▲ 12.5%€220,968above the sector's middle half▲ 11.5%€247,493above the sector's middle half▲ 12.0%
Total assets€339,195within the sector's middle half▼ 8.0%€427,028above the sector's middle half▲ 25.9%€430,961below the sector's middle half▲ 0.9%€473,890above the sector's middle half▲ 10.0%€765,389above the sector's middle half▲ 61.5%
Debt€184,961▼ 12.9%€250,867▲ 35.6%€232,753▼ 7.2%€252,922▲ 8.7%€517,896▲ 105%
Working capital€83,995within the sector's middle half▼ 65.9%€15,149within the sector's middle half▼ 82.0%€73,405within the sector's middle half▲ 385%€174,075above the sector's middle half▲ 137%€16,029within the sector's middle half▼ 90.8%
Solvency45.5%within the sector's middle half▲ 3.1pp41.3%within the sector's middle half▼ 4.2pp46.0%within the sector's middle half▲ 4.7pp46.6%within the sector's middle half▲ 0.6pp32.3%within the sector's middle half▼ 14.3pp
Current ratio1.45within the sector's middle half▼ 2.241.06within the sector's middle half▼ 0.391.32within the sector's middle half▲ 0.251.69within the sector's middle half▲ 0.371.03within the sector's middle half▼ 0.66
Return on assets (ROA)7.3%within the sector's middle half=9.8%within the sector's middle half▲ 2.5pp9.2%within the sector's middle half▼ 0.6pp8.4%within the sector's middle half▼ 0.9pp5.4%within the sector's middle half▼ 3.0pp
Staff (FTE)9▲ 2.3%8.8▼ 2.2%8.3above the sector's middle half▼ 5.7%8
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €765,389
Fixed assets
€231,464 ▲ 394%
Current assets
€533,925 ▲ 25.0%
Equity and liabilities €765,389
Equity
€247,493 ▲ 12.0%
Debt
€517,896 ▲ 105%
Debt's share of the balance-sheet total rises from 53.4% to 67.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135,555▼
2024 · €150,116
Cash flow
€102,656▼
2024 · €114,913
Debt to equity
2.09▲
2024 · 1.14
ROE
16.6%▼
2024 · 18.0%
Interest coverage
56.36▼
2024 · 67.53
Debt ≤ 1 year
€517,896▲
2024 · €252,922
Income taxes
€30,494▼
2024 · €32,980
Staff costs
€1.3m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 31,370 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €994,343 | €1.1m | €1.1m | €1.2m | €1.3m | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,121 | €54,202 | €78,853 | €75,249 | €61,455 | ▼ 18.3% |
| Gross operating margin9900 | €1.1m | €1.2m | €1.3m | €1.3m | €1.4m | ▲ 5.4% |
| Operating profit (loss)9901 | €57,984 | €80,314 | €68,308 | €74,867 | €74,100 | ▼ 1.0% |
| Financial charges65/66B | €1,537 | €2,403 | €2,238 | €2,223 | €2,405 | ▲ 8.2% |
| Recurring financial charges65 | €1,537 | €2,403 | €2,238 | €2,223 | €2,405 | ▲ 8.2% |
| Profit (loss) for the period before taxes9903 | €56,447 | €77,911 | €66,070 | €72,644 | €71,695 | ▼ 1.3% |
| Income taxes67/77 | €31,610 | €36,059 | €26,255 | €32,980 | €30,494 | ▼ 7.5% |
| Profit (loss) for the period9904 | €24,837 | €41,852 | €39,815 | €39,664 | €41,201 | ▲ 3.9% |
| Profit (loss) for the period to be appropriated9905 | €24,837 | €41,852 | €39,815 | €39,664 | €41,201 | ▲ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339,195 | €427,028 | €430,961 | €473,890 | €765,389 | ▲ 61.5% |
| Fixed assets21/28 | €70,239 | €161,012 | €124,803 | €46,893 | €231,464 | ▲ 394% |
| Tangible fixed assets22/27 | €70,239 | €161,012 | €124,803 | €46,893 | €231,464 | ▲ 394% |
| Furniture and vehicles24 | €70,239 | €161,012 | €124,803 | €46,893 | €231,464 | ▲ 394% |
| Current assets29/58 | €268,956 | €266,016 | €306,158 | €426,997 | €533,925 | ▲ 25.0% |
| Amounts receivable after more than one year29 | €126,191 | €87,878 | €20,951 | €114,351 | €447,928 | ▲ 292% |
| Trade receivables290 | - | - | - | - | €7,500 | - |
| Other amounts receivable291 | €126,191 | €87,878 | €20,951 | €114,351 | €440,428 | ▲ 285% |
| Cash at bank and in hand54/58 | €133,371 | €157,159 | €274,837 | €264,735 | €56,088 | ▼ 78.8% |
| Deferred charges and accrued income490/1 | €9,394 | €20,979 | €10,370 | €47,911 | €29,909 | ▼ 37.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339,195 | €427,028 | €430,961 | €473,890 | €765,389 | ▲ 61.5% |
| Equity10/15 | €154,234 | €176,161 | €198,208 | €220,968 | €247,493 | ▲ 12.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €12,149 | €12,149 | €12,149 | €12,149 | €12,149 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €5,949 | €5,949 | €5,949 | €5,949 | €5,949 | = |
| Profit (loss) carried forward14 | €80,085 | €102,012 | €124,059 | €146,819 | €173,344 | ▲ 18.1% |
| Amounts payable17/49 | €184,961 | €250,867 | €232,753 | €252,922 | €517,896 | ▲ 105% |
| Amounts payable within one year42/48 | €184,961 | €250,867 | €232,753 | €252,922 | €517,896 | ▲ 105% |
| Trade debts44 | €5,366 | €15,760 | €5,196 | €14,213 | €32,316 | ▲ 127% |
| Suppliers440/4 | €5,366 | €15,760 | €5,196 | €14,213 | €32,316 | ▲ 127% |
| Taxes, remuneration and social security45 | €126,150 | €159,600 | €151,984 | €161,737 | €177,496 | ▲ 9.7% |
| Taxes450/3 | €17,318 | €39,950 | €34,285 | €35,353 | €12,239 | ▼ 65.4% |
| Remuneration and social security454/9 | €108,832 | €119,650 | €117,699 | €126,384 | €165,257 | ▲ 30.8% |
| Other amounts payable47/48 | €53,445 | €75,507 | €75,573 | €76,972 | €308,084 | ▲ 300% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,837 | €41,852 | €39,815 | €39,664 | €41,201 | ▲ 3.9% |
| + Depreciation and write-downs630 | €27,121 | €54,202 | €78,853 | €75,249 | €61,455 | ▼ 18.3% |
| Operating cash flow (approximation) | €51,958 | €96,054 | €118,668 | €114,913 | €102,656 | ▼ 10.7% |
| Investment in fixed assets (approximation) | - | -€144,975 | -€42,644 | €2,661 | -€246,026 | ▼ 9,346% |
| Change in cash | - | €23,788 | €117,678 | -€10,102 | -€208,647 | ▼ 1,965% |
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
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €220,968 ▲11.5%
7 profitable years in a row build equity to €220,968.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €41,852 ▲68.5%
Operating result €80,314, net result €41,852, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.48
Current ratio from 2.20 to 4.48; short-term debt falls from €78,373 to €57,214.
31-12
Financial
Equity above €150,000Eq €150,033 ▲15.9%
2 profitable years in a row build equity to €150,033.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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-Niklaas · 1 establishment unit since 1990
Ground area
1,904 m²
Building footprint
663 m²
Volume, LiDAR
7,410 m³
Parcel 46445D1194/00P002, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
August De Boeckstraat 1, 9100 Sint-Niklaas
since 19902.028.524.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1194/00P002 | Flanders | 1,904 m² | 1 · 663 m² | 15.6 m · 4 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.
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Of 827 companies in sector 46620 we hold annual accounts for 644. 499 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0402917511
Also
9925:BE0402917511
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.