VALROW
ActiveSummary
The annual accounts of VALROW for fiscal year 2025 show a net loss of 99% of the equity at the start of that year. The 2025 annual accounts show equity of €33 and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31694 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+36
Solvency25▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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 short (current ratio 0.33 against 0.36 in 2024; short-term debt: 81.4% and cash: 3.9% of total assets), and 99.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.1%
Return on assets
-6.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 €-3k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 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 d early
2024
28 d early
2023
32 d early
2022
31 d early
2021
33 d early
2020
11 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33▼ 99.1%
2024 · €3k
2019: €4k
2020: €6k
2021: €9k
2022: €14k
2023: €12k
2024: €3k
2019 → 2025
Total assets
€52k▲ 23.8%
2024 · €42k
2019: €19k
2020: €19k
2021: €22k
2022: €25k
2023: €53k
2024: €42k
2019 → 2025
Net result
€-3k▲ 59.5%
2024 · €-9k
2019: €-8k
2020: €3k
2021: €12k
2022: €6k
2023: €-2k
2024: €-9k
2019 → 2025
Working capital
€-28k▼ 93.6%
2024 · €-15k
2019: €-9k
2020: €3k
2021: €8k
2022: €15k
2023: €-10k
2024: €-15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€14k▲ 65.8%€12k▼ 15.7%€3k▼ 71.0%€33▼ 99.1%
Operating result€13k-€8k▼ 35.6%€-664€-7k▼ 986%€-2k▲ 66.8%
Net result€12k-€6k▼ 54.1%€-2k€-9k▼ 282%€-3k▲ 59.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €7k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€38k ▲ 12.1%
Current assets
€14k ▲ 73.0%
Equity and liabilities €52k
Equity
€33 ▼ 99.1%
Debt
€52k ▲ 35.0%
Debt's share of the balance-sheet total rises from 91.7% to 99.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2024 · €3k
Cash flow
€7k▲
2024 · €2k
Current ratio
0.33▼
2024 · 0.36
Quick ratio
0.30▼
2024 · 0.36
ROA
-6.7%▲
2024 · -20.4%
Interest coverage
10.37▲
2024 · 2.86
Debt ≤ 1 year
€42k▲
2024 · €23k
Debt > 1 year
€10k▼
2024 · €16k
Income taxes
€264▼
2024 · €269
Equity ratios withheld: equity of €33 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€52k▲
Fixed assets21/28€34k€38k▲
Tangible fixed assets22/27€34k€38k▲
Plant, machinery and equipment23€1k€15k▲
Furniture and vehicles24€33k€23k▼
Current assets29/58€8k€14k▲
Stocks and contracts in progress3-€1k
Stocks30/36-€1k
Amounts receivable within one year40/41€4k€9k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€42k€52k▲
Equity10/15€3k€33▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-5k€-8k▼
Amounts payable17/49€38k€52k▲
Amounts payable after more than one year17€16k€10k▼
Financial debts170/4€16k€10k▼
Amounts payable within one year42/48€23k€42k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€705€2k▲
Suppliers440/4€705€2k▲
Other amounts payable47/48€16k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€847€850▲
Non-recurring operating charges66A€291€221▼
Gross operating margin9900€4k€9k▲
Operating profit (loss)9901€-7k€-2k▲
Financial charges65/66B€1k€787▼
Recurring financial charges65€1k€787▼
Profit (loss) for the period before taxes9903€-8k€-3k▲
Income taxes67/77€269€264▼
Profit (loss) for the period9904€-9k€-3k▲
Profit (loss) for the period to be appropriated9905€-9k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-8k▲
Profit (loss) brought forward from the previous period14P€17€-5k▼
Transfer from equity791/2€4k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €12k ▲391%
Operating result €13k, net result €12k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 1.27
Current ratio from 0.33 to 1.27; short-term debt falls from €14k to €12k.
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Yvoir · 1 establishment unit since 2011
Ground area
1,137 m²
Building footprint
154 m²
Volume, LiDAR
945 m³
Parcel 91262B0253/00G000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Calvaire, Godinne 12, 5530 Yvoir
since 20112.205.717.444
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91262B0253/00G000 | Wallonia | 1,137 m² | 1 · 154 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteYvoir2.205.717.444
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 238 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
10820Manufacture of cocoa, chocolate and sugar confectionery
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.