Losses
-€6,052 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
VALOREH
Lifetime
10 annual accounts with figures on one time axispeak €36,443 (2023)
€11,212▲ 2.1%
lowest -€10,462 (2020)
-€2,254▲ €1,544
peak €24,375 (2023)
€18,323▼ 11.0%
€27,005▼ 23.9%
Board3 names since 2015
3 directorsVAN LOOVEREN Karen and 2 others
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Loss of €2,254Debts from €35,467 to €27,005Cash from €3,678 to €0
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Position in the sector
-€2,254
Lower net result than 80% of companies in specialised construction. Sector median €10,189 · 35,113 companies.
2025 accounts filed 13 days after the deadline
Checked score
65
Healthy
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025lowest value
03-2025: 0.6%● unchanged vs 02-2025lowest value
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.5 percentage points vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 0.9%▼ -0.2 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%▼ -0.1 percentage points vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▼ -0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 1.1%▼ -0.7 percentage points vs 08-2026
10-2026: 1.0%▼ -0.1 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.40, cash €0, halved
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 2015
Size: total assets €45,328
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 43, micro). It does better than 43% of them on solvency, 11% on liquidity, 30% on profitability and 24% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as VALOREH has now. Each dot stands for 18 companies, two years later.
90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VALOREH itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for VALOREH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.4 (0.63 in 2024), below 1. Short-term debt is 59.6% and cash 0% of total assets. 59.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,254
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 days late
2024
35 days early
2023
8 days early
2022
6 days early
2021
2 days early
2020
29 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0627785285
Registered office moved to Malle
New registered office: Hallebaan 156, 2390 Malle · Resignations: VAN LOOVEREN Karen, VAN LOOVEREN Luc Paul Florentinus and VAN LOOVEREN Stijn · Reappointments: VAN LOOVEREN Karen, VAN LOOVEREN Luc Paul Florentinus and VAN LOOVEREN Stijn · General meeting of 27-08-2021 · Gazette deed
Incorporation
published on 14-04-2015 · Gazette deed
First establishment
Hallebaan 156, Malle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALOREH Malle | €45,328 | €11,212 | 40.4% | - |
| Vandenbulcke-F Diest | €41,987 | €11,810 | 76.4% | - |
| Sunside MKM Beauvechain | €52,379 | €12,705 | -20.4% | - |
| SVVQ Beveren-Kruibeke-Zwijndrecht | €45,299 | €14,290 | 74.2% | - |
| THE DESIGNERY Heist-op-den-Berg | €45,008 | €10,775 | 75.0% | - |
| HENBOUW Antwerp | €53,890 | €9,521 | 74.6% | - |
| PARTNER PROMPT Antwerp | €38,230 | €17,402 | 59.8% | - |
These companies have the same main activity as VALOREH: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €38,200 and €53,900, founded between 2012 and 2018.
Official details
Source: KBO- Status
- Active since 31-03-2015Normal situation
- Activity
- Other building finishing workNACE 43350and 1 other
- Establishment unit
- 2.241.161.4422390 Malle, since 31-03-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 30-05-2025
Insights on VALOREH
VALOREH files the micro format. That format states no turnover. The gross margin fell from €11,625 in 2016 to €11,212 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about VALOREH
- What is the company number of VALOREH?
- The company number of VALOREH is 0627.785.285. The VAT number is the same number with BE in front: BE 0627.785.285.
- Where is VALOREH based?
- The registered office is at Hallebaan 156, 2390 Malle.Company details
- What does VALOREH do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of VALOREH?
- VALOREH is a private limited company (BV).
- When was VALOREH founded?
- VALOREH was founded on 31-03-2015.
- Is VALOREH still active?
- Yes, VALOREH is an active enterprise in the KBO register.
- What is the turnover of VALOREH?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €11,212 and 37 comparable companies (NACE 43350). It probably lies between €65,000 and €240,000. It is a rough estimate.Financials
- Is VALOREH profitable?
- In financial year 2025, VALOREH made a loss of €2,254.
- Where can I find the annual accounts of VALOREH?
- VALOREH filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALOREH due?
- VALOREH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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