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Valpro

Active
Private limited companyfounded 2024active for 1 yearMarche, Rue du Panorama 34, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 1015.858.531
Summary

Valpro has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,846 and a net result of €16,846. Its solvency ranks better than 26% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 04-11-2024 Normal situation
Activity
Business and other management consultancy NACE 70200
Establishment unit
2.366.218.592 6900 Marche-en-Famenne, since 04-11-2024
Financial year end
31 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board
  • BOUAGRD ValéryDirector · since 04-11-2024

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€28,163
Turnover
≈ €82,000
estimated
Profit
€16,846
Equity
€21,846
Total assets
€91,521
  • 2025 accounts filed 26 days after the deadline
Score breakdownraises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.11, cash €23,685Size: total assets €91,521Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in head offices and management consultancy (NACE 70)
Financial strength
Strong
Solvency 49
equity 23.9% of total assets
Liquidity 68
short-term debt 32.2% · cash 25.9%
Profitability 92
return on assets 18.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,536 companies, NACE 70, micro)
Last 24 months 12-2025: 0.4% 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.1%▼ -0.4 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11, below the usual 1.5. Short-term debt is 32.2% and cash 25.9% of total assets. 76.1% of the assets are financed with debt and provisions.
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 70, micro). It does better than 26% of them on solvency, 61% on liquidity and 61% on profitability.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.11, cash €23,685
NBB · annual accounts
lowers risk · Size: total assets €91,521
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
26 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 26 days after the deadline Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00425783.

Annual accounts 2025 filed on 26-08-2026 at the NBB

Turnover
≈ €82,000
Estimated: probably between €48,000 and €110,000
Total assets
€91,521
Net result
€16,846
Working capital
€3,101

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €91,521
Fixed assets €58,937
Current assets €32,584
Equity and liabilities €91,521
Equity €21,846
Debt €69,675
Debt's share of the balance-sheet total is 76.1%.
Key figures and ratios
2025 value
EBITDA
€28,099
Cash flow
€22,714
Current ratio
1.11
Debt to equity
3.19
ROE
77.1%
ROA
18.4%
Interest coverage
30.73
Debt ≤ 1 year
€29,484
Debt > 1 year
€40,192
Income taxes
€4,471
Staff costs
€0

Investments

fixed assets acquired
Item2025
Tangible fixed assets€64,805
Depreciation and write-downs of the year€5,868

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€91,521
Fixed assets21/28€58,937
Tangible fixed assets22/27€58,937
Furniture and vehicles24€58,937
Current assets29/58€32,584
Amounts receivable within one year40/41€7,500
Trade receivables40€7,500
Other amounts receivable41€0
Cash at bank and in hand54/58€23,685
Deferred charges and accrued income490/1€1,399
Equity and liabilities
Total equity and liabilities10/49€91,521
Equity10/15€21,846
Contributions10/11€5,000
Profit (loss) carried forward14€16,846
Amounts payable17/49€69,675
Amounts payable after more than one year17€40,192
Financial debts170/4€40,192
Amounts payable within one year42/48€29,484
Current portion of amounts payable after more than one year42€7,926
Trade debts44€1,269
Suppliers440/4€1,269
Taxes, remuneration and social security45€8,958
Taxes450/3€8,958
Remuneration and social security454/9€0
Other amounts payable47/48€11,331
Income statement Code2025
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,868
Other operating charges640/8€64
Gross operating margin9900€28,163
Operating profit (loss)9901€22,232
Financial charges65/66B€915
Recurring financial charges65€915
Profit (loss) for the period before taxes9903€21,317
Income taxes67/77€4,471
Profit (loss) for the period9904€16,846
Profit (loss) for the period to be appropriated9905€16,846
Appropriation of the result
Profit (loss) to be appropriated9906€16,846

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Line2025
Remuneration, social security and pensions62€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,868
Other operating charges640/8€64
Gross operating margin9900€28,163
Operating profit (loss)9901€22,232
Financial charges65/66B€915
Recurring financial charges65€915
Profit (loss) for the period before taxes9903€21,317
Income taxes67/77€4,471
Profit (loss) for the period9904€16,846
Profit (loss) for the period to be appropriated9905€16,846
Line2025
Assets
Total assets20/58€91,521
Fixed assets21/28€58,937
Tangible fixed assets22/27€58,937
Furniture and vehicles24€58,937
Current assets29/58€32,584
Amounts receivable within one year40/41€7,500
Trade receivables40€7,500
Other amounts receivable41€0
Cash at bank and in hand54/58€23,685
Deferred charges and accrued income490/1€1,399
Equity and liabilities
Total equity and liabilities10/49€91,521
Equity10/15€21,846
Contributions10/11€5,000
Profit (loss) carried forward14€16,846
Amounts payable17/49€69,675
Amounts payable after more than one year17€40,192
Financial debts170/4€40,192
Amounts payable within one year42/48€29,484
Current portion of amounts payable after more than one year42€7,926
Trade debts44€1,269
Suppliers440/4€1,269
Taxes, remuneration and social security45€8,958
Taxes450/3€8,958
Remuneration and social security454/9€0
Other amounts payable47/48€11,331
Line2025
Profit (loss) for the period9904€16,846
+ Depreciation and write-downs630€5,868
Operating cash flow (approximation)€22,714

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,390 companies had the same profile as Valpro has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
96.7% was still going
2.0% stopped otherwise
1.2% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Valpro itself is lower: 0.1% within 12 months. It rests on far more data about Valpro than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,390 companies, not a prediction for Valpro. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 26-08-2026 2026-00425783 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
BOUAGRD Valéry
Director · since 04-11-2024 · listed in the 2025 annual accounts, filed on 26-08-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 06-11-2024

Owners and capital

Shareholders

At incorporation act of 06-11-2024 ↗
  • BOUGARDValéryMarcChristianeGhislain 100 shares (100%)

Capital transactions

Capital over time
  1. 06-11-2024 Incorporation · €5,000 · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
BOUAGRD Valéry
  • Director, from 04-11-2024 to date
Valéry Bougard
  • Administrateur non statutaire, appointed in the act of 06-11-2024, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Proportionnellement par actionnaire à proportion actions détenues, commun accord,à défaut expert désigné par tribunal de l'entreprise du…”

Articles of association, deed of 06-11-2024 (in French)

Network & group

Valpro shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Valpro. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts 2025 filedNBB
micro format · 26 days late
2024
06-11
Gazette deed Incorporation
Starting capital €5,000 · Appointment: Valéry Bougard (administrateur non statutaire) · Permanent representative: Valéry Bougard · Founder15 points ▸
  • Incorporation, “Valpro” (deed in French)
  • Founder, BOUGARDValéryMarcChristianeGhislain
  • Founding capital, €5,000
  • Other provision, “planfinancier, responsabilitédesfondateursencasdefaillitedanslestroisansdel'acquisitiondelapersonnalitéjuridiquesicapitauxmanifestementinsuffisants” (deed in French)
  • Other provision, “adoptiondesstatuts, arrêterlesstatutscommesuit” (deed in French)
  • Other provision, “frais et déclarations”, 1305.59 (deed in French)
  • Registered office clause, “6900 Marche-en-Famenne,rue du Panorama numéro 34, 2.Adresse du siège” (deed in French)
  • Other provision, “adresses électroniques Banque-Carrefour, 3.Adresses électroniques” (deed in French)
  • Board rule, 1, “4.Désignation de administrateur” (deed in French)
  • Director appointment, Valéry Bougard (administrateur non statutaire)
  • Other provision, “conditions nomination administrateur, avoir pris informations auprès secrétariat social choix,ne pas avoir été condamné à interdiction de gérer” (deed in French)
  • Permanent representative, Valéry Bougard
  • The act holds 3 more points.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name Valpro in French
Enterprise number 1015.858.531
Legal form Private limited company
Status Active, normale toestand
Founded 04-11-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-11-2024 (in French)

Registered office and establishments

Registered office Marche, Rue du Panorama 34, 6900 Marche-en-Famenne, Belgium
Establishment unit Marche, Rue du Panorama 34, 6900 Marche-en-Famenne since 04-11-2024 · unit number 2.366.218.592

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Lafournituredeservicesdeconsultanceetdeprestationdeservicesdanslesdomainesdelagestionadministrative,larestructuration,ledéveloppementetleman…”
10 activities
  1. Lafournituredeservicesdeconsultanceetdeprestationdeservicesdanslesdomainesdelagestionadministrative,larestructuration,ledéveloppementetlemanagementd'entreprises;tous travauxd'audit,études,contrôle,surveillance,missionsouassistancesenmatièrefinancière,administrative,fiscale,comptable,socialeetjuridique,ainsiquedansledomainedelacréation,del'organisation,del'exploitationetdufonctionnementdesentreprises sousleursaspectsfinancier,administratif,commercial,techniqueouautres.
  2. Laconstructiongénéraledebâtimentsrésidentiels,d'immeublesdebureauxetdebâtimentsnonrésidentiels; lacoordinationetlasupervisiondeprojetsimmobiliers,ycomprisl agestiondespermisetlanégociationaveclespartiesprenantes;l'intermédiairedecommercedebois,matériauxdeconstructionetéquipementsdivers,ainsiqueproduitsagricolesetdérivés;lapromotionimmobilièrerésidentielleetnonrésidentielle,incluantlarecherchedefinancements,lagestiondechantierset toutesopérationsrelativesàlavente,l'achat,l'échange,lalocation,lamiseenvaleur,lelotissement,lemorcellementdebiensimmobiliers;lalocationdemachinesetéquipementspourlaconstruction;
  3. Lalocationetl'exploitationdebiensrésidentiels,d'immeublesdebureauxetdebâtimentsnonrésidentiels;laprévention;lacoordinationdesécuritéetsantésurleschantiersainsiquetousconseilsspécialisés.
  4. Laréalisationdeprestationsphotographiques,incluantlaprisedevues,laretouche,lacréationdecontenuvisueletaudiovisuel,principalementdanslecadredeprojetsimmobiliers,ainsiquepourtouteautreactivitécommerciale,événementielleoupublicitaire.Lasociétépourraégalementgérerlesdroitsdepropriétéintellectuellerelatifsàcescréations.
  5. L'achat,laventedetoutesvaleursmobilières,notammentd'actions,obligationsoutitresdetoutenature,cotésounonenbourse;laprisede participationsfinancièresdansdessociétésd edroitbelgeouétrangerayantunobjetsimilaire,analogueouconnexe;susceptibledefavoriserledéveloppement;lasociétépeutaccepterdesmandatsdegérant,administrateurouliquidateurdansd'autressociétés.
  6. Vendre,acheter,échanger,construire,louer,affermer,exploiter,mettreenvaleurtoutbiensimmobiliers,àl'exclusiondesactivitésdemarchanddebiens;lasociétépourraconstituerdessûretésimmobilièresauprofitdetiersetseportercaution;
  7. Accomplirtoutesopérationscommerciales,industrielles,financières,mobilièresouimmobilièresserapportantdirectementouindirectementàsonobjetsocialoudenatureàenfaciliterlaréalisationpartielleoutotale.
  8. Effectuertous prestationsdeservicesdebureau,d'organisation,d'études,decontrôledechantiers,serapportantàsonobjetsocial;s'intéresserpartoutesvoiesd'apports,desouscriptions,d'interventionfinancière,dans toutesociétéouentrepriseayantunobjetsimilaireouconnexe.
  9. Offrirdesservicesdeformationetdeconseilspécialisédansledomainedelagestiondeprojetsimmobiliers,delaconstructiondurable,oudelaphotographieprofessionnelle.
  10. Développeretexploiterdesoutilsnumériquesettechnologiquesinnovants,ycomprisdesplateformesenligneoudesservicesnumériquescomme l'e-commercepoursoutenirsesactivitésdeconsultance,promotionimmobilièreetservicesphotographiques.
deed of 06-11-2024 (in French)

Invoicing and payment

VAT number BE 1015.858.531
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1015858531
Other Peppol ID 9925:BE1015858531
Registered 07-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of June at 18:00
deed of 06-11-2024 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
2,918 m²
Building footprint
74 m²
Building volume
448 m³
Cadastral parcel Region Area Buildings Height / floors
83034B0778/00W005 Wallonia 2,918 m² 1 · 74 m² 6.4 m · 2