VALTHO
ActiveSummary
For VALTHO, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €100,483 and a net result of €2,198. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 2055 sector peers (fiscal year 2022). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability71▼-19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← 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 2022Solvency, return and age of the figures
Solvency
91.8%
Return on assets
2%
Age of the figures
45 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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-02-2024, 189 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
189 d late
2021
12 d late
2019
96 d late
2017
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 81 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€100,483▲ 2.2%
2021 · €98,285
Total assets
€109,517▲ 1.6%
2021 · €107,786
Net result
€2,198▼ 90.3%
2021 · €22,652
Working capital
€78,183▲ 4.6%
2021 · €74,718
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920212022
Operating result€29,806-€22,652-€3,215▼ 85.8%
Net result€28,660-€22,652within the sector's middle half-€2,198within the sector's middle half▼ 90.3%
Equity€78,037-€98,285within the sector's middle half-€100,483within the sector's middle half▲ 2.2%
Total assets€100,705-€107,786within the sector's middle half-€109,517within the sector's middle half▲ 1.6%
Debt€22,668-€9,502-€9,034▼ 4.9%
Working capital€79,085-€74,718within the sector's middle half-€78,183within the sector's middle half▲ 4.6%
Solvency77.5%-91.2%above the sector's middle half-91.8%above the sector's middle half▲ 0.6pp
Current ratio4.66-8.86above the sector's middle half-39.44above the sector's middle half▲ 30.57
Return on assets (ROA)28.5%-21.0%above the sector's middle half-2.0%within the sector's middle half▼ 19.0pp
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 86% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €109,517
Fixed assets
€29,300 ▲ 24.3%
Current assets
€80,217 ▼ 4.8%
Equity and liabilities €109,517
Equity
€100,483 ▲ 2.2%
Debt
€9,034 ▼ 4.9%
Debt's share of the balance-sheet total falls from 8.8% to 8.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,015▼
2021 · €26,717
Cash flow
€11,998▼
2021 · €26,717
Debt to equity
0.09▼
2021 · 0.10
ROE
2.2%▼
2021 · 23.0%
Interest coverage
17.43
Debt ≤ 1 year
€2,034▼
2021 · €9,502
Debt > 1 year
€7,000
Income taxes
€270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,218 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,065 | €9,800 | ▲ 141% |
| Other operating charges640/8 | - | €541 | €348 | ▼ 35.8% |
| Gross operating margin9900 | €30,198 | €28,476 | €13,362 | ▼ 53.1% |
| Operating profit (loss)9901 | €29,806 | €22,652 | €3,215 | ▼ 85.8% |
| Recurring financial income75 | €145 | - | - | - |
| Financial charges65/66B | - | - | €747 | - |
| Recurring financial charges65 | €1,291 | - | €747 | - |
| Profit (loss) for the period before taxes9903 | €28,660 | €22,652 | €2,468 | ▼ 89.1% |
| Income taxes67/77 | - | - | €270 | - |
| Profit (loss) for the period9904 | €28,660 | €22,652 | €2,198 | ▼ 90.3% |
| Profit (loss) for the period to be appropriated9905 | €28,660 | €22,652 | €2,198 | ▼ 90.3% |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €100,705 | €107,786 | €109,517 | ▲ 1.6% |
| Fixed assets21/28 | - | €23,567 | €29,300 | ▲ 24.3% |
| Tangible fixed assets22/27 | - | €23,567 | €27,150 | ▲ 15.2% |
| Plant, machinery and equipment23 | - | €14,006 | €18,282 | ▲ 30.5% |
| Furniture and vehicles24 | - | €9,561 | €8,869 | ▼ 7.2% |
| Financial fixed assets28 | - | - | €2,150 | - |
| Current assets29/58 | €100,705 | €84,219 | €80,217 | ▼ 4.8% |
| Amounts receivable after more than one year29 | - | €2,150 | - | - |
| Other amounts receivable291 | - | €2,150 | - | - |
| Amounts receivable within one year40/41 | €98,027 | €75,607 | €75,688 | ▲ 0.1% |
| Trade receivables40 | - | €59,145 | €63,970 | ▲ 8.2% |
| Other amounts receivable41 | - | €16,462 | €11,718 | ▼ 28.8% |
| Cash at bank and in hand54/58 | €2,254 | €4,100 | €1,004 | ▼ 75.5% |
| Deferred charges and accrued income490/1 | - | €2,362 | €3,525 | ▲ 49.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €100,705 | €107,786 | €109,517 | ▲ 1.6% |
| Equity10/15 | €78,037 | €98,285 | €100,483 | ▲ 2.2% |
| Contributions10/11 | €150,000 | €150,000 | €150,000 | = |
| Capital10 | - | €150,000 | €150,000 | = |
| Issued capital100 | - | €150,000 | €150,000 | = |
| Reserves13 | €247 | €247 | €247 | = |
| Non-distributable reserves130/1 | - | €247 | €247 | = |
| Legal reserve130 | - | €247 | €247 | = |
| Profit (loss) carried forward14 | -€72,210 | -€51,962 | -€49,764 | ▲ 4.2% |
| Amounts payable17/49 | €22,668 | €9,502 | €9,034 | ▼ 4.9% |
| Amounts payable after more than one year17 | €1,048 | - | €7,000 | - |
| Financial debts170/4 | - | - | €7,000 | - |
| Amounts payable within one year42/48 | €21,620 | €9,502 | €2,034 | ▼ 78.6% |
| Trade debts44 | €7,987 | €2,090 | €1,764 | ▼ 15.6% |
| Suppliers440/4 | - | €2,090 | €1,764 | ▼ 15.6% |
| Taxes, remuneration and social security45 | - | €7,059 | €270 | ▼ 96.2% |
| Taxes450/3 | - | €7,059 | €270 | ▼ 96.2% |
| Other amounts payable47/48 | - | €352 | - | - |
| Line | 2019 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,660 | €22,652 | €2,198 | ▼ 90.3% |
| + Depreciation and write-downs630 | - | €4,065 | €9,800 | ▲ 141% |
| Operating cash flow (approximation) | €28,660 | €26,717 | €11,998 | ▼ 55.1% |
| Investment in fixed assets (approximation) | - | - | -€15,533 | - |
| Change in cash | - | - | -€3,097 | - |
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
2024
05-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 189 days late
2022
31-12
Financial
Weakest financial yearnet €2,198 ▼90.3%
Net result drops to €2,198, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 39.44
Current ratio from 8.86 to 39.44; short-term debt falls from €9,502 to €2,034.
31-12
Financial
Equity above €100,000Eq €100,483 ▲2.2%
3 profitable years in a row build equity to €100,483.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
2014
25-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 56 days late
2013
05-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 5 days late
2012
20-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
Financial 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, Schoten · 1 establishment unit since 1992
Ground area
764 m²
Building footprint
346 m²
Volume, LiDAR
2,302 m³
2 parcels, Flanders · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VALTHO NV
since 19922.102.839.244
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029B0401/00G000 | Flanders | 587 m² | 1 · 169 m² | 10.9 m · 3 fl. |
| 11040D0154/00L004 | Flanders | 177 m² | 1 · 177 m² | 16.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 27,957 EUR awarded · 27,957 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 27,957 EUR | 27,957 EUR |
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Of 3,530 companies in sector 90391 we hold annual accounts for 684. 525 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
90391Promotion and organisation of arts and performing arts events
56210Event catering
73300Public relations and communication consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
82990Other business support services
90120Visual arts creation
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446090825
Registered
24-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.