Valmet Belgium
The computed 12-month bankruptcy probability of Valmet Belgium is 0.2% (very low). The 2024 annual accounts show negative equity (€-547k) and a net result of €108k. Equity is shrinking by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 12488 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-547k |
| Net result | €108k |
| Staff (FTE) | 2.9 |
| Better than sector | 5% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -58.6% | 60.5% | |
| Net result | €108k | €31k | |
| Equity | €-547k | €63k | |
| Gross operating margin | €800k | €52k | |
| Staff costs | €639k | €6k |
Show 9 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €108k |
| Cash flow | - |
| Staff costs | €639k |
| Income taxes | €883 |
| Dividends | - |
| Total assets | €932k |
| Equity | €-547k |
| Debt | €1.48M |
| of which ≤ 1y | €1.47M |
| of which > 1y | - |
| Working capital | €-550k |
| Employees (FTE) | 2.9 |
| 2024 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.63 |
| Working capital ratio | -59.0% |
| Solvency | -58.6% |
| Debt / equity | -2.71 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 11.6% |
| ROE | -19.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €932k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €4k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €922k |
| Amounts receivable within one year | 40/41 | €415k |
| Cash & bank | 54/58 | €498k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €932k |
| Equity | 10/15 | €-547k |
| Contributions / capital | 10/11 | €375k |
| Reserves | 13 | €35k |
| Accumulated profits (losses) | 14 | €-957k |
| Amounts payable | 17/49 | €1.48M |
| Amounts payable within one year | 42/48 | €1.47M |
| Trade debts payable within one year | 44 | €500k |
| Income statement | ||
| Gross operating margin | 9900 | €800k |
| Operating result | 9901 | €156k |
| Financial income | 75 | €149 |
| Financial charges | 65 | €47k |
| Result before taxes | 9903 | €109k |
| Income taxes | 67/77 | €883 |
| Net result for the period | 9904 | €108k |
| Result to be appropriated | 9905 | €108k |
-
Arnoldus van der HeijdenDirectorState Gazette act 25163201 (29-12-2025)Current29-12-2025 → present
-
Sampo TuunaDirectorState Gazette act 25163201 (29-12-2025)Current29-12-2025 → present
-
Chrístian van LaarDirectorState Gazette act 23033285 (08-03-2023)Current08-03-2023 → present
-
Marjo MoilanenDirectorState Gazette act 23033285 (08-03-2023)Current08-03-2023 → present
-
Robert Edward WeilDirectorState Gazette act 22091933 (29-07-2022)Current29-07-2022 → present
Former directors (6)
-
Andrew BlumenthalManagerState Gazette act 19125209 (19-09-2019)Former19-09-2019 → 29-12-2025
2 events
- 29-12-2025 Resigned· Director
- 19-09-2019 Appointed· Manager
-
Christian van LaarDirectorState Gazette act 25163201 (29-12-2025)Former- → 29-12-2025
-
Gunther OakeyManagerState Gazette act 19125209 (19-09-2019)Former19-09-2019 → 08-03-2023
2 events
- 08-03-2023 Resigned· Director
- 19-09-2019 Appointed· Manager
-
Robert WeilDirectorState Gazette act 23033285 (08-03-2023)Former- → 08-03-2023
-
Volker OakeyManagerState Gazette act 19125209 (19-09-2019)Former19-09-2019 → 08-03-2023
2 events
- 08-03-2023 Resigned· Director
- 19-09-2019 Appointed· Manager
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 10-04-1995 |
| Status | Active |
| Postal code | 2630 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0009/00V005 | Flanders | 1,858 m² | 1 · 844 m² | 9.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
29-12-2025 2 directors appointed, 2 resigning
- Sampo Tuuna, Bestuurder
- Arnoldus van der Heijden, Bestuurder
- Christian van Laar, Bestuurder
- Andrew Blumenthal, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Christian van Laar",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Andrew Blumenthal",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sampo Tuuna",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Arnoldus van der Heijden",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "Valmet Belgium"
}
}02-08-2024 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": true
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "Valmet Belgium"
},
"legal_form_change": {
"new": "",
"old": "Besloten Vennootschap",
"changed": false
}
}11-10-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "Valmet Belgium",
"old": "NovaTechEurope",
"changed": true
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": true
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "NovaTechEurope"
},
"legal_form_change": {
"new": "Besloten vennootschap",
"old": "Besloten vennootschap met beperkte aansprakelijkheid",
"changed": false
}
}08-03-2023 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "NOVATECH EUROP\u0415"
},
"legal_form_change": {
"new": "BESLOTEN VENNOOTSCHA\u0420",
"old": "BESLOTEN VENNOOTSCHA\u0420",
"changed": false
}
}29-07-2022 1 director appointed, 1 resigning
- Robert Edward Weil, Bestuurder
- Jean Bandy, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jean Bandy",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Robert Edward Weil",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "NovaTechEurope"
}
}04-01-2022 Registered office moved within Aartselaar
- Kontichsesteenweg 71, 2630 Aartselaar → 2630 Aartselaar, Antwerpsesteenweg 124/78
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "2630 Aartselaar, Antwerpsesteenweg 124/78",
"city": "Aartselaar",
"region": "vlaams_gewest",
"street": "Antwerpsesteenweg",
"country": "BE",
"postcode": "2630",
"box_number": "78",
"street_number": "124",
"locality_suffix": null
},
"old_address": {
"raw": "Kontichsesteenweg 71, 2630 Aartselaar",
"city": "Aartselaar",
"region": "vlaams_gewest",
"street": "Kontichsesteenweg",
"country": "BE",
"postcode": "2630",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"effective_date": "2021-12-01",
"evidence_quote": "De bestuurders beslissen om de maatschappelijke zetel en de exploitatiezetel van de vennootschap Novatech Europe met ingang van 01 december 2021, te verplaatsen naar 2630 Aartselaar, Antwerpsesteenweg 124/78.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
},
{
"kind": "zetel_transfer",
"seat_type": "unite_exploitation",
"new_address": {
"raw": "2630 Aartselaar, Antwerpsesteenweg 124/78",
"city": "Aartselaar",
"region": "vlaams_gewest",
"street": "Antwerpsesteenweg",
"country": "BE",
"postcode": "2630",
"box_number": "78",
"street_number": "124",
"locality_suffix": null
},
"old_address": {
"raw": "Kontichsesteenweg 71, 2630 Aartselaar",
"city": "Aartselaar",
"region": "vlaams_gewest",
"street": "Kontichsesteenweg",
"country": "BE",
"postcode": "2630",
"box_number": null,
"street_number": "71",
"locality_suffix": null
},
"effective_date": "2021-12-01",
"evidence_quote": "De bestuurders beslissen om de maatschappelijke zetel en de exploitatiezetel van de vennootschap Novatech Europe met ingang van 01 december 2021, te verplaatsen naar 2630 Aartselaar, Antwerpsesteenweg 124/78.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Andrew Blumenthal",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2021-12-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2021-12-21",
"unanimous": true
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "Novatech Europe",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Kopie van de akte"
]
}19-09-2019 4 directors appointed
- Jean Bandy, Zaakvoerder
- Andrew Blumenthal, Zaakvoerder
- Volker Oakey, Zaakvoerder
- Gunther Oakey, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Jean Bandy",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Andrew Blumenthal",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Volker Oakey",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "Gunther Oakey",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0454.982.656",
"name_full": "NOVATECH EUROP\u0415"
}
}| Legal nameNL | Valmet Belgium |