VALROY
Open bankruptcyA bankruptcy procedure is open for VALROY according to publications in the Belgian State Gazette; curator: FRANCOIS ANCION.
Summary
The file additionally contains 1 judicial reorganisation. The 2017 annual accounts show equity of €21,662 and a net result of €37,792.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 4 September 2019
- Supervising judge
- Andre Salmon
- Official Gazette
- 11-09-2019 (pdf) ↗search the document for 2019/145849
Curator
- Francois AncionRue Des Ecoliers 7, 4020 Liege 2f.ancion@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 26-06-2018, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Freight transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2017, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37,792▲ 519%
2016 · €6,103
Working capital
-€108,922▼ 175%
2016 · -€39,663
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20132014201520162017
Operating result€6,248--€18,947-€22,128▼ 16.8%€8,314€39,718▲ 378%
Net result€4,849--€19,312-€23,250▼ 20.4%€6,103€37,792▲ 519%
Equity€20,329-€1,017▼ 95.0%-€22,233-€16,130▲ 27.5%€21,662
Total assets€50,468-€41,541▼ 17.7%€103,162€618,029▲ 499%
Debt€30,139-€40,524▲ 34.5%€22,233▼ 45.1%€119,292▲ 437%€596,367▲ 400%
Working capital€17,832--€2,758-€39,663-€108,922▼ 175%
Staff (FTE)0.72.7▲ 286%
Why a figure moved sharply
- 2017 Total assets +499% on 2016. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2015 the operating result has climbed two years in a row; 2017 is 378% above 2016 and is the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €618,029
Fixed assets
€377,168 ▲ 487%
Current assets
€240,861 ▲ 519%
Equity and liabilities €618,029
Equity
€21,662
Debt
€596,367
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€83,067▲
2016 · €24,446
Cash flow
€81,141▲
2016 · €22,235
Current ratio
0.69▲
2016 · 0.50
Debt to equity
11.38▲
2016 · -2.52
ROE
174.5%
ROA
6.1%▲
2016 · 5.9%
Debt ≤ 1 year
€349,783▲
2016 · €78,575
Debt > 1 year
€246,584▲
2016 · €40,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,546 | €7,379 | - | €16,132 | €43,349 | ▲ 169% |
| Gross operating margin9900 | €13,426 | €5,302 | -€7,687 | €34,478 | €201,494 | ▲ 484% |
| Operating profit (loss)9901 | €6,248 | -€18,947 | -€22,128 | €8,314 | €39,718 | ▲ 378% |
| Recurring financial income75 | €1,414 | €4 | €4 | - | €659 | - |
| Recurring financial charges65 | €1,563 | €329 | €1,082 | €2,211 | €2,585 | ▲ 16.9% |
| Profit (loss) for the period before taxes9903 | €6,099 | -€19,272 | -€23,206 | €6,103 | €37,792 | ▲ 519% |
| Income taxes67/77 | €1,250 | €40 | €44 | - | - | - |
| Profit (loss) for the period9904 | €4,849 | -€19,312 | -€23,250 | €6,103 | €37,792 | ▲ 519% |
| Profit (loss) for the period to be appropriated9905 | €4,849 | -€19,312 | -€23,250 | €6,103 | €37,792 | ▲ 519% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,468 | €41,541 | - | €103,162 | €618,029 | ▲ 499% |
| Fixed assets21/28 | €2,497 | €24,104 | - | €64,250 | €377,168 | ▲ 487% |
| Tangible fixed assets22/27 | €2,317 | €24,104 | - | €63,920 | €375,070 | ▲ 487% |
| Financial fixed assets28 | €180 | - | - | €330 | €2,098 | ▲ 536% |
| Current assets29/58 | €47,971 | €17,437 | - | €38,912 | €240,861 | ▲ 519% |
| Amounts receivable within one year40/41 | €19,286 | €16,738 | - | €26,100 | €236,639 | ▲ 807% |
| Cash at bank and in hand54/58 | €28,685 | €699 | - | €12,812 | €4,222 | ▼ 67.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,468 | €41,541 | - | €103,162 | €618,029 | ▲ 499% |
| Equity10/15 | €20,329 | €1,017 | -€22,233 | -€16,130 | €21,662 | ▲ 234% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €12,269 | -€7,043 | -€30,293 | -€24,190 | €13,602 | ▲ 156% |
| Amounts payable17/49 | €30,139 | €40,524 | €22,233 | €119,292 | €596,367 | ▲ 400% |
| Amounts payable after more than one year17 | - | €20,329 | - | €40,717 | €246,584 | ▲ 506% |
| Amounts payable within one year42/48 | €30,139 | €20,195 | €22,233 | €78,575 | €349,783 | ▲ 345% |
| Trade debts44 | €23,483 | €13,341 | - | €41,446 | €183,099 | ▲ 342% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,849 | -€19,312 | -€23,250 | €6,103 | €37,792 | ▲ 519% |
| + Depreciation and write-downs630 | €1,546 | €7,379 | - | €16,132 | €43,349 | ▲ 169% |
| Operating cash flow (approximation) | €6,395 | -€11,933 | -€23,250 | €22,235 | €81,141 | ▲ 265% |
| Investment in fixed assets (approximation) | - | -€28,986 | - | - | -€356,267 | - |
| Change in cash | - | -€27,986 | - | - | -€8,590 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2019
11-09
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 04-09-2019
07-05
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collective agreement · event 30-04-2019
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-12
Financial
Highest result since 2013net €37,792 ▲519%
Operating result €39,718, net result €37,792, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-12
Financial
Back to profitnet €6,103
Net result €6,103 after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Weakest financial yearnet -€23,250
Net result drops to -€23,250, the lowest in the series.
28-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 59 days late
2014
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
31-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
24-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 24 days late
Show earlier events
2011
19-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
30-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
10-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Braives · 1 establishment unit since 2007
Ground area
4,471 m²
Parcel 64015A0596/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
VALROY
since 20072.164.785.820
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64015A0596/00G000 | Wallonia | 4,471 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCOIS ANCION RUE DES ECOLIERS 7,
4020 LIEGE 2 |
04-09-2019 → present |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,076 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-07-2007
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
52250Logistics services
81300Landscape service activities
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.