VALO
ActiveFor VALO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €364k and a net result of €70k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 15227 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability91▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
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
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 2023Solvency, return and age of the figures
Solvency
94.7%
Return on assets
18.1%
Age of the figures
33 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-06-2024, 42 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
42 d early
2022
83 d early
2021
30 d late
2020
9 d late
2019
48 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€364k▲ 23.7%
2022 · €295k
2019: €69k
2020: €141k
2021: €216k
2022: €295k
2019 → 2023
Total assets
€385k▲ 19.2%
2022 · €323k
2019: €106k
2020: €185k
2021: €250k
2022: €323k
2019 → 2023
Net result
€70k▼ 11.2%
2022 · €79k
2019: €69k
2020: €71k
2021: €76k
2022: €79k
2019 → 2023
Working capital
€342k▲ 29.5%
2022 · €264k
2019: €49k
2020: €88k
2021: €175k
2022: €264k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€69k-€141k▲ 102%€216k▲ 53.8%€295k▲ 36.4%€364k▲ 23.7%
Operating result€117k-€108k▼ 7.3%€117k▲ 7.8%€121k▲ 3.7%€107k▼ 11.3%
Net result€69k-€71k▲ 2.6%€76k▲ 6.3%€79k▲ 4.0%€70k▼ 11.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 11% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €385k
Fixed assets
€23k▼ 26.2%
Current assets
€362k▲ 24.0%
Equity and liabilities €385k
Equity
€364k▲ 23.7%
Debt
€20k▼ 28.1%
The debt ratio falls from 8.7% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€120k▼
2022 · €133k
Cash flow
€82k▼
2022 · €90k
Solvency
94.7%▲
2022 · 91.3%
Current ratio
17.84▲
2022 · 10.35
Quick ratio
17.84▲
2022 · 10.35
Debt / equity
0.06▼
2022 · 0.10
ROE
19.1%▼
2022 · 26.7%
ROA
18.1%▼
2022 · 24.3%
Interest coverage
2405.37▲
2022 · 1529.39
Debt
€20k▼
2022 · €28k
Debt ≤ 1 year
€20k▼
2022 · €28k
Income taxes
€38k▼
2022 · €42k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€323k€385k▲
Fixed assets21/28€31k€23k▼
Tangible fixed assets22/27€31k€23k▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24€31k€19k▼
Current assets29/58€292k€362k▲
Amounts receivable within one year40/41€37k€38k▲
Trade receivables40€20k€18k▼
Other amounts receivable41€17k€20k▲
Cash at bank and in hand54/58€254k€324k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€323k€385k▲
Equity10/15€295k€364k▲
Contributions10/11€100€100=
Capital10€100€100=
Issued capital100€100€100=
Reserves13€295k€364k▲
Distributable reserves133€295k€364k▲
Amounts payable17/49€28k€20k▼
Amounts payable within one year42/48€28k€20k▼
Trade debts44€971€3k▲
Suppliers440/4€971€3k▲
Taxes, remuneration and social security45€19k€16k▼
Taxes450/3€19k€16k▼
Other amounts payable47/48€8k€451▼
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€134k€122k▼
Operating profit (loss)9901€121k€107k▼
Financial income75/76B-€627
Recurring financial income75-€627
Financial charges65/66B€87€50▼
Recurring financial charges65€87€50▼
Profit (loss) for the period before taxes9903€121k€108k▼
Income taxes67/77€42k€38k▼
Profit (loss) for the period9904€79k€70k▼
Profit (loss) for the period to be appropriated9905€79k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€70k▼
Transfer to equity691/2€79k€70k▼
To other reserves6921€79k€70k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €79k ▲4%
Operating result €121k, net result €79k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 6.23
Current ratio from 2.99 to 6.23; short-term debt falls from €44k to €34k.
31-12
Financial
Equity above €200kEq €216k ▲53.8%
3 profitable years in a row build equity to €216k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Equity above €100kEq €141k ▲102%
2 profitable years in a row build equity to €141k.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
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, Torhout · 1 establishment unit since 2018
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.
Oostendestraat 168820 TorhoutGround area
339 m²
Building footprint
339 m²
Volume, LiDAR
2,969 m³
Parcel 31033K0243/00T000, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VALO
since 20182.296.084.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033K0243/00T000 | Flanders | 339 m² | 1 · 339 m² | 16.0 m · 3 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.
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ARTEMIA
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Comeo
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded01-10-2018
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000