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Valoras

Active
Private limited companyfounded 20233 yrs activeKortrijksesteenweg 48, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0801.685.204
Summary

The computed 12-month bankruptcy probability of Valoras is 6.0% (elevated). The 2024 annual accounts show equity of €3,995 and a net result of -€21,005. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€265,262total assets 2024
Equity
€3,995
Loss
-€21,005
Turnover not published (abridged schema)
Financial health
33 Weak Checked score 2024
Bankruptcy chance 12 m
6.0%
Structure
Holdings
1
Accounts 38 d early0 of 3 deeds read
Why 33- 1 change of registered office in 24 months- Figures for FY 2024 (filed 23-06-2025)+ Size: total assets €265,262+ No main activity registeredShow the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 27
equity 1.5% of total assets
Liquidity 1
short-term debt 98.5% · cash 0.7%
Profitability 9
return on assets -7.9%
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 3.4% 12-2024: 3.6%▲ +6.2% vs 11-2024 01-2025: 3.6%▼ -0.5% vs 12-2024 02-2025: 8.7%▲ +144% vs 01-2025 03-2025: 8.7%▲ +0.1% vs 02-2025 04-2025: 9.4%▲ +7.2% vs 03-2025 05-2025: 9.4%▲ +0.5% vs 04-2025 06-2025: 9.5%▲ +0.4% vs 05-2025highest value 07-2025: 1.9%▼ -79.5% vs 06-2025 08-2025: 1.9%● 0.0% vs 07-2025 09-2025: 1.9%● 0.0% vs 08-2025 10-2025: 1.9%● 0.0% vs 09-2025 11-2025: 1.9%● 0.0% vs 10-2025 12-2025: 1.9%▼ -3.9% vs 11-2025 01-2026: 1.9%▲ +1.9% vs 12-2025 02-2026: 1.8%▼ -5.5% vs 01-2026 03-2026: 1.8%▼ -1.3% vs 02-2026lowest value 04-2026: 2.2%▲ +25.7% vs 03-2026 05-2026: 2.5%▲ +13.6% vs 04-2026 06-2026: 3.0%▲ +17.2% vs 05-2026 07-2026: 3.1%▲ +4.7% vs 06-2026 08-2026: 3.7%▲ +18.6% vs 07-2026 09-2026: 3.9%▲ +5.4% vs 08-2026 10-2026: 6.0%▲ +54.5% vs 09-2026
  • Size: total assets €265,262 lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 23-06-2025) raises the probability
  • No main activity registered lowers the probability
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.02; short-term debt: 98.5% and cash: 0.7% of total assets), and 98.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 17%, liquidity 4%, profitability 11%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €265,262
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 23-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · No main activity registered
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 38 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…

Financials · fiscal year 2024, abbreviated schema

Equity
€3,995
Total assets
€265,262
Net result
-€21,005
Working capital
-€254,928

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €263,378
Fixed assets €257,039
Current assets €6,339
Equity and liabilities €265,262
Equity €3,995
Debt €261,267
Debt finances 98.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
-€18,751
Cash flow
-€18,837
Current ratio
0.02
Debt to equity
65.40
ROE
-525.8%
ROA
-7.9%
Interest coverage
-219.68
Debt ≤ 1 year
€261,267
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 31 lines
Balance sheet Code2024
Assets
Total assets20/58€265,262
Formation expenses20€1,884
Fixed assets21/28€257,039
Financial fixed assets28€257,039
Current assets29/58€6,339
Amounts receivable within one year40/41€4,441
Trade receivables40€4,379
Other amounts receivable41€63
Cash at bank and in hand54/58€1,898
Equity and liabilities
Total equity and liabilities10/49€265,262
Equity10/15€3,995
Contributions10/11€25,000
Profit (loss) carried forward14-€21,005
Amounts payable17/49€261,267
Amounts payable within one year42/48€261,267
Trade debts44€511
Suppliers440/4€511
Taxes, remuneration and social security45€3,717
Taxes450/3€3,717
Other amounts payable47/48€257,039
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,168
Other operating charges640/8€476
Gross operating margin9900-€18,275
Operating profit (loss)9901-€20,920
Financial charges65/66B€85
Recurring financial charges65€85
Profit (loss) for the period before taxes9903-€21,005
Profit (loss) for the period9904-€21,005
Profit (loss) for the period to be appropriated9905-€21,005
Appropriation of the result
Profit (loss) to be appropriated9906-€21,005
Social balance
Average headcount (FTE)90870.0

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,168
Other operating charges640/8€476
Gross operating margin9900-€18,275
Operating profit (loss)9901-€20,920
Financial charges65/66B€85
Recurring financial charges65€85
Profit (loss) for the period before taxes9903-€21,005
Profit (loss) for the period9904-€21,005
Profit (loss) for the period to be appropriated9905-€21,005
Line2024
Assets
Total assets20/58€265,262
Formation expenses20€1,884
Fixed assets21/28€257,039
Financial fixed assets28€257,039
Current assets29/58€6,339
Amounts receivable within one year40/41€4,441
Trade receivables40€4,379
Other amounts receivable41€63
Cash at bank and in hand54/58€1,898
Equity and liabilities
Total equity and liabilities10/49€265,262
Equity10/15€3,995
Contributions10/11€25,000
Profit (loss) carried forward14-€21,005
Amounts payable17/49€261,267
Amounts payable within one year42/48€261,267
Trade debts44€511
Suppliers440/4€511
Taxes, remuneration and social security45€3,717
Taxes450/3€3,717
Other amounts payable47/48€257,039
Line2024
Profit (loss) for the period9904-€21,005
+ Depreciation and write-downs630€2,168
Operating cash flow (approximation)-€18,837

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Subsidies and aid

Flemish government

2023 · 1 entry · €2,175 awarded · €2,175 paid
Year Entries awardedpaid
2023 1 €2,175€2,175
Schemes
1 entry · €2,175 · €2,175 paid · Fonds voor Innoveren en Ondernemen

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2024 annual accounts of Valoras and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 3 Gazette acts processed.

History

On 11 May 2023, Valoras was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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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Register details

Identification
Legal formPrivate limited company
Founded11-05-2023
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801685204
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 5 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
7,043 m²
Building footprint
1,509 m²
Volume, LiDAR
3,533 m³
Parcel 44064B0246/00F000, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
92 companies at this address See who is registered here
1 establishment unit
Valoras
Kortrijksesteenweg 48, 9830 Sint-Martens-LatemHoldings
since 2023unit no. 2.345.776.338
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44064B0246/00F000 Flanders 7,043 m² 1 · 1,509 m² 13.4 m · 1 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.