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VALNETH

Active
Private limited companyfounded 2020active for 6 yearsHeidelbergstraat 260, 8200 Brugge, BelgiumKBO/BCE: BE 0747.620.867
Summary

VALNETH has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €10,000 and a net result of €45,802, of which €162,844 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 38 sector peers (NACE 95, financial year 2026). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 26-05-2020 Normal situation
Activity
Repair and maintenance of other personal and household goods NACE 95290and 3 others
Establishment unit
2.303.647.951 8200 Brugge, since 23-06-2020
Financial year end
31 March
Peppol
Reachable since 20-03-2025

Board and ownership

Board
  • Casaert ValentinDirector · since 26-05-2020

Financial position

69 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-03-2026
Gross margin
€65,236
▲ 180%
Turnover
≈ €180,000
estimated
Profit
€45,802
▲ 130%
Equity
€10,000
Total assets
€71,874
▼ 78.6%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2020Equity €10,000 (13.9% of total assets)lowers riskLiquidity: current ratio 1.10, cash €47,342Show the evidence

Checked score

Score 2026
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 67% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2025
Strong
Solvency 39+16
equity 13.9% of total assets
Liquidity 52+51
short-term debt 86.1% · cash 65.9%
Profitability 100+48
return on assets 63.7%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,128 companies, NACE 95, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.2%▼ -0.2 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 2.4%▲ +1.2 percentage points vs 04-2026highest value 06-2026: 2.4%● unchanged vs 05-2026highest value 07-2026: 0.9%▼ -1.5 percentage points vs 06-2026 08-2026: 0.8%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (0.99 in 2025), below the usual 1.5. Short-term debt is 86.1% and cash 65.9% of total assets. 86.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 26% of them on solvency, 52% on liquidity, 94% on profitability and 97% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.10, cash €47,342
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €10,000 (13.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 38 sector peers (2026).
NBB · sector comparison
Position among 38 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-06-2026, 123 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
123 days early
2025
1 day early
2024
5 days late
2023
96 days early
2022
137 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 70 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 95 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 90% of companies in repair of computers and personal goodssector median €346,358 · 38 companies €10,000 View
  • Caution: A director leftlatest change 03-04-2026 · 1 in office 1 left View

Recent changes

  1. · Gazette deed Registered office moved from Knokke-Heist to Sint-MichielsNew seat: Heidelbergstraat 260 te 8200 Sint-Michiels · Previous seat: Zwaluwenlaan 2 te 8300 Knokke-Heist · Resignation: Kennvest bv (director)
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as VALNETH: repair and maintenance of other personal and household goods (NACE 95290). They are comparable in size and age: total assets between €87,300 and €120,000, founded between 2017 and 2022.

CompanyTotal assetsGross margin
VALNETH Brugge€71,874€65,236
LOCKSYS Kapellen€87,348€44,513
LEOSSER Liège€89,799€66,757
ATELIER ALBO Meise€95,231€56,196
VAN DAMME JONAS Jabbeke€120,055€68,829
ABT Synergies Fosses-la-Ville€96,793€69,376
Kapitein Spaak Gent€98,775€94,900
Full comparison

Key facts about VALNETH

What is the company number of VALNETH?
The company number of VALNETH is 0747.620.867. The VAT number is the same number with BE in front: BE 0747.620.867.
Where is VALNETH based?
The registered office is at Heidelbergstraat 260, 8200 Brugge.Company details
What does VALNETH do?
According to the KBO register, the main activity is repair and maintenance of other personal and household goods (NACE 95290).
What is the legal form of VALNETH?
The legal form of VALNETH is Private limited company (BV).
When was VALNETH founded?
VALNETH was founded on 26-05-2020.
Is VALNETH still active?
Yes, VALNETH is an active enterprise in the KBO register.
What is the turnover of VALNETH?
The turnover in financial year 2026 is ≈ €180,000. This figure is estimated from the gross margin of €65,236 and 45 comparable companies (NACE 95). It probably lies between €120,000 and €280,000.Financials
Is VALNETH profitable?
In financial year 2026, VALNETH made a profit of €45,802.
Where can I find the annual accounts of VALNETH?
VALNETH filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of VALNETH due?
VALNETH must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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