Equity
-€199,163
Debts exceed assets in financial year 2025.
VALORENCO
Lifetime
6 annual accounts with figures on one time axispeak €30,219 (2021)
€21,084▲ €50,327
lowest -€79,614 (2020)
€4,155▲ €49,185
peak -€18,114 (2020)
-€199,163▲ €4,155
€304,439▲ 21.8%
peak 0.5 FTE (2020)
-not published
Board4 names since 2019
-
Documentsfilings and deeds
11-06-202650 days before the deadline
2025micro format
Gross margin from -€29,243 to €21,084Back to profit: €4,155Debts from €249,963 to €304,439Investments €45,000Cash from €5,691 to €26,514
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€304,439 289% of the balance sheet
Financial debts 13%Suppliers 2%Taxes and wages 2%Other 83%
Of this, €247,076 falls due within a year.
Investments
€45,000 3.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 122.6% higher than in 2024.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 8 to 55 days before the end of the period.
Position in the sector
-189.2%
Lower solvency than 95% of companies in waste collection and treatment. Sector median 34.0% · 233 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 907 companies had the same profile as VALORENCO has now. Each dot stands for 3 companies, two years later.
89.3%
were still trading
4.2%
stopped another way
6.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 907 companies, not a prediction for VALORENCO. 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
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Signals
Board and ownership
last known boardDirector, until 2025
Director, until 2025
Director, until 2025
Director, until 2025
- 25 sharesdeed of 09-08-2019
- 25 sharesdeed of 09-08-2019
- 25 sharesdeed of 09-08-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0731932306
Registered office clause: Zoning Industriel de Latour 1, 6760 Virton
General meeting of 29-08-2019 · Gazette deed
Incorporation
Founding capital of €61,500, 100 shares · Founders: , , and 1 other · Appointments: , , and · published on 09-08-2019 · Gazette deed
First establishment
Zon.Ind. de Ruette-Latour,Ruette 1, Virton
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALORENCO Virton | €105,276 | €21,084 | -189.2% | - |
| RM Concept Courcelles | €86,082 | €15,947 | 64.8% | - |
| TOMTIC Kraainem | €145,100 | €21,416 | 27.0% | - |
| re6red Herstal | €75,738 | €36,244 | 35.6% | - |
| Treatment Virginal Recycling Ittre | €158,165 | €11,815 | 28.8% | - |
| VANLINGEN METAALRECYCLING Beringen | €92,560 | €14,507 | 59.1% | - |
| VMS Recycling Jodoigne | €124,628 | €60,203 | 12.4% | - |
These companies have the same main activity as VALORENCO: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €75,700 and €158,000, founded between 2017 and 2021.
Official details
Source: KBO- Status
- Active since 07-08-2019Normal situation
- Activity
- Materials recovery from wasteNACE 38210
- Joint committee
- 142.04Recovery of raw materials · annual accounts 2022
- Establishment unit
- 2.298.457.8576760 Virton, since 07-08-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €105,276▲ 126%
- Filing
- Filed on 11-06-2026, 50 days before the end of the filing period
Insights on VALORENCO
VALORENCO files the micro format. That format states no turnover. The gross margin rose from -€44,413 in 2020 to €21,084 in 2025.
The balance sheet grew most in 2025 through fixed assets.
In August 2025, four directors stepped down.
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 VALORENCO
- What is the company number of VALORENCO?
- The company number of VALORENCO is 0731.932.306. The VAT number is the same number with BE in front: BE 0731.932.306.
- Where is VALORENCO based?
- The registered office is at Zon.Ind. de Ruette-Latour,Ruette 1, 6760 Virton.Company details
- What does VALORENCO do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of VALORENCO?
- VALORENCO is a public limited company (NV).
- When was VALORENCO founded?
- VALORENCO was founded on 07-08-2019.
- Is VALORENCO still active?
- Yes, VALORENCO is an active enterprise in the KBO register.
- How many employees does VALORENCO have?
- VALORENCO had an average of 0.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does VALORENCO fall under?
- In its 2022 annual accounts, VALORENCO states joint committee 142.04 (Recovery of raw materials).
- What is the turnover of VALORENCO?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €21,084 and 7,096 comparable companies of the same size. It probably lies between €71,000 and €370,000. It is a rough estimate.
- Is VALORENCO profitable?
- In financial year 2025, VALORENCO made a profit of €4,155.
- Where can I find the annual accounts of VALORENCO?
- VALORENCO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALORENCO due?
- VALORENCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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