Losses
-€14,170 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
VALROW
Lifetime
13 annual accounts with figures on one time axispeak €29,845 (2017)
€9,229▲ 128%
lowest -€30,257 (2018)
-€3,442▲ €5,060
peak €42,174 (2017)
€33▼ 99.1%
€51,543▲ 35.0%
Board3 names since 2011
2 directorsGAUDIER Valérie and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €4,053 to €9,229Loss of €3,442Equity from €3,475 to €33Debts from €38,183 to €51,543Cash from €2,904 to €2,031
Key points
from the 2025 annual accountsDebts
€51,543 100% of the balance sheet
Financial debts 19%Suppliers 3%Other 78%
Of this, €42,003 falls due within a year.
Position in the sector
€33
Less equity than 90% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.
Checked score
53
Fair
Financially stronger than 11% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €3,442, the second in a row (financial year 2025)
Equity €33 (0.1% of total assets)
lowers risk
Size: total assets €51,576
Sector: Activities of head offices; management consultancy activities (NACE 70)
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 9% of them on solvency, 5% on liquidity, 27% on profitability and 3% 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 very low class on 30-06-2025, 0.1% 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, 1,037 companies had the same profile as VALROW has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VALROW itself is lower: 0.2% within 12 months. It rests on far more data about VALROW than the profile alone.
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 1,037 companies, not a prediction for VALROW. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.33 (0.36 in 2024), below 1. Short-term debt is 81.4% and cash 3.9% of total assets. 99.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven 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
19202122232425
2019 to 2025 · latest year -€3,442
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 39368 sector peers (2025).
NBB · sector comparisonPosition among 39368 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
28 days early
2023
32 days early
2022
31 days early
2021
33 days early
2020
11 days late
2019
8 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 21 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 30 June (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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0841851122
Appointment: James Schumacher (director)
General meeting of 03-01-2022 · Gazette deed
New managing director
Valérie GAUDIER appointed, Yves DELAYE resigned · Director discharge: Yves DELAYE (managing director) · General meeting of 20-12-2020 · Gazette deed
Change of role: GAUDIER Valérie, from manager to director
Appointment: DELAYE Yves (manager) · “Toutes fonctions de consultance et/ou de service liées aux domaines du management, de la communication, du…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 30-09-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALROW Yvoir | €51,576 | €9,229 | 0.1% | - |
| ÔTENTIK Fernelmont | €52,444 | €11,030 | -989.7% | - |
| MVB FINANCIAL SERVICES & CONSULTANCY Brussels | €53,518 | €9,071 | 60.9% | - |
| EXPERTELLE Oudenaarde | €49,125 | €8,811 | 38.3% | - |
| VISHANDEL DE NUL JOHN Buggenhout | €55,055 | €8,952 | 1.9% | - |
| VAKARME Chaumont-Gistoux | €52,370 | €8,983 | -32.5% | - |
| FOOD TRENDSST Forest | €52,366 | €8,294 | -53.7% | - |
These companies have the same main activity as VALROW: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €49,100 and €55,100, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 09-12-2011Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.205.717.4445530 Yvoir, since 09-12-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Annual accounts 2025
- ≈ €43,000estimated
- €51,576▲ 23.8%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on VALROW
VALROW files the micro format. That format states no turnover. The gross margin fell from €28,982 in 2013 to €9,229 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets.
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 VALROW
- What is the company number of VALROW?
- The company number of VALROW is 0841.851.122. The VAT number is the same number with BE in front: BE 0841.851.122.
- Where is VALROW based?
- The registered office is at Rue du Calvaire, Godinne 12, 5530 Yvoir.Company details
- What does VALROW do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VALROW?
- VALROW is a private limited company (BV).
- When was VALROW founded?
- VALROW was founded on 09-12-2011.
- Is VALROW still active?
- Yes, VALROW is an active enterprise in the KBO register.
- What is the turnover of VALROW?
- The turnover in financial year 2025 is ≈ €43,000. This figure is estimated from the gross margin of €9,229 and 206 comparable companies (NACE 70200). It probably lies between €20,000 and €86,000. It is a rough estimate.Financials
- Is VALROW profitable?
- In financial year 2025, VALROW made a loss of €3,442.
- Where can I find the annual accounts of VALROW?
- VALROW filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of VALROW due?
- VALROW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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