Equity
-€72,456
Debts exceed assets in financial year 2025.
VALPA
Lifetime
9 annual accounts with figures on one time axispeak €36,561 (2019)
€15,665▲ 14×
lowest -€32,576 (2020)
€6,456▲ €14,548
peak €4,016 (2016)
-€72,456▲ €6,456
€92,787▼ 13.9%
peak 1 FTE (2017)
-not published
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
05-02-2026176 days before the deadline
2025micro format
Gross margin from €1,128 to €15,665Back to profit: €6,456Cash from €536 to €0
Key points
from the 2025 annual accountsDebts
€92,787 456% of the balance sheet
Financial debts 1%Suppliers 5%Taxes and wages 3%Other 92%
Position in the sector
-356.4%
Lower solvency than 95% of companies in wholesale trade. Sector median 40.5% · 15,447 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,633 companies had the same profile as VALPA has now. Each dot stands for 10 companies, two years later.
91.9%
were still trading
4.8%
stopped another way
2.9%
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 3,633 companies, not a prediction for VALPA. 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
Manager
Director
- 500 sharesdeed of 25-02-2016
- 500 sharesdeed of 25-02-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0648923367
Change of role: , from director, formerly manager to director
Director discharge: · Gazette deed
Registered-office move
Board meeting of 22-02-2021 · Gazette deed
Incorporation
Founding capital of €18,550, 1,000 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 25-02-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALPA Ghent | €20,331 | €15,665 | -356.4% | - |
| HORTEN Tongeren-Borgloon | €42,371 | €13,963 | 69.2% | - |
| Serious Foods Belgium Ixelles | €6,621 | €29,938 | -438.0% | - |
| OMARé Hooglede | €65,865 | €23,271 | -30.2% | - |
| BE.COMPANY.DISTRIBUTIONS Seneffe | €49,209 | €38,314 | -26.9% | - |
| Nica Ventures Lier | €4,767 | €12,594 | -115.7% | - |
| Theodore Concepts Belgium Waregem | €29,017 | €2,765 | -342.9% | - |
These companies have the same main activity as VALPA: wholesale trade (NACE 46360). They are comparable in size and age: total assets between €4,770 and €65,900, founded between 2011 and 2020.
Official details
Source: KBO- Status
- Active since 23-02-2016Normal situation
- Activity
- Wholesale tradeNACE 46360and 1 other
- Establishment unit
- 2.250.647.1519050 Ghent, since 23-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- ≈ €240,000estimated
- €20,331▼ 29.5%
- Filing
- Filed on 05-02-2026, 176 days before the end of the filing period
Insights on VALPA
VALPA files the micro format. That format states no turnover. The gross margin fell from €27,676 in 2016 to €15,665 in 2025.
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 VALPA
- What is the company number of VALPA?
- The company number of VALPA is 0648.923.367. The VAT number is the same number with BE in front: BE 0648.923.367.
- Where is VALPA based?
- The registered office is at Voordries 5, 9050 Ghent.Company details
- What does VALPA do?
- According to the KBO register, the main activity is wholesale trade (NACE 46360).
- What is the legal form of VALPA?
- VALPA is a private limited company (BV).
- When was VALPA founded?
- VALPA was founded on 23-02-2016.
- Is VALPA still active?
- Yes, VALPA is an active enterprise in the KBO register.
- How many employees does VALPA have?
- VALPA had an average of 0.4 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of VALPA?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €15,665 and 57 comparable companies (NACE 463). It probably lies between €110,000 and €450,000. It is a rough estimate.
- Is VALPA profitable?
- In financial year 2025, VALPA made a profit of €6,456.
- Where can I find the annual accounts of VALPA?
- VALPA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALPA due?
- VALPA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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