VALNETH
ActiveVALNETH has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €20k. Equity is shrinking by ~71.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 1033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+27
Solvency23▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 0.97 in 2024; short-term debt: 101% and cash: 0.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.9%
Return on assets
5.9%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1033 sector peers (2025).
NBB · sector comparisonPosition among 1033 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
5 d late
2023
96 d early
2022
137 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-6k▲ 76.2%
2024 · €-26k
2022: €3k
2023: €-744
2024: €-26k
2022 → 2025
Total assets
€336k▼ 32.5%
2024 · €497k
2022: €209k
2023: €258k
2024: €497k
2022 → 2025
Net result
€20k
2024 · €-25k
2022: €-7k
2023: €-3k
2024: €-25k
2022 → 2025
Working capital
€-4k▲ 74.1%
2024 · €-14k
2022: €3k
2023: €9k
2024: €-14k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€3k-€-744€-26k▼ 3,421%€-6k▲ 76.2%
Operating result€-7k-€-903▲ 86.9%€-23k▼ 2,400%€21k
Net result€-7k-€-3k▲ 53.8%€-25k▼ 649%€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €23k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €336k
Fixed assets
€360=
Current assets
€335k▼ 32.5%
Key figures and ratios
Solvency
-1.9%▲
2024 · -5.3%
Current ratio
0.99▲
2024 · 0.97
Quick ratio
0.01▼
2024 · 0.02
Debt / equity
-54.75▼
2024 · -19.97
ROA
5.9%▲
2024 · -5.1%
Debt
€342k▼
2024 · €523k
Debt ≤ 1 year
€339k▼
2024 · €511k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€497k€336k▼
Fixed assets21/28€360€360=
Financial fixed assets28€360€360=
Current assets29/58€497k€335k▼
Stocks and contracts in progress3€485k€332k▼
Stocks30/36€485k€332k▼
Amounts receivable within one year40/41€633€97▼
Other amounts receivable41€633€97▼
Cash at bank and in hand54/58€10k€2k▼
Deferred charges and accrued income490/1€180€602▲
Equity and liabilities
Total equity and liabilities10/49€497k€336k▼
Equity10/15€-26k€-6k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-36k€-16k▲
Amounts payable17/49€523k€342k▼
Amounts payable after more than one year17€10k-
Other amounts payable178/9€10k-
Amounts payable within one year42/48€511k€339k▼
Financial debts43€419k€224k▼
Credit institutions430/8€419k€224k▼
Trade debts44€2k€26k▲
Suppliers440/4€2k€26k▲
Other amounts payable47/48€90k€89k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-21k€23k▲
Operating profit (loss)9901€-23k€21k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-25k€20k▲
Profit (loss) for the period9904€-25k€20k▲
Profit (loss) for the period to be appropriated9905€-25k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-36k€-16k▲
Profit (loss) brought forward from the previous period14P€-11k€-36k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €20k
Net result €20k after 3 loss-making years.
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
31-03
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2020
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.
Heidelbergstraat 2608200 BruggeGround area
797 m²
Building footprint
288 m²
Volume, LiDAR
1,324 m³
Parcel 31362B0174/00L000, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ValNeth
since 20202.303.647.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31362B0174/00L000 | Flanders | 797 m² | 1 · 288 m² | 12.1 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
Michel BOONEN
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ATTRACTIONS
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JacoFabro
BE 0749.476.042
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GLOBAL SECURITY SOLUTION
BE 0762.885.796
Dalhem · Eq €2k
FAST CONSULTING
BE 0705.967.186
Seneffe · Eq €3k
Of 2,545 companies in sector 95290 we hold annual accounts for 414. 118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2020
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
95290Repair and maintenance of other personal and household goods
25620Manufacture of fabricated metal products, except machinery and equipment
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.