Equity
-€5,025
Debts exceed assets in financial year 2025.
VALUE FOR TECHNOLOGY
Lifetime
19 annual accounts with figures on one time axis, 22 filings since 2004peak €58,392 (2024)
€26,226▼ 55.1%
lowest -€68,785 (2017)
€16,838▼ 64.1%
peak €36,904 (2009)
-€5,025▲ €16,838
€60,771▼ 34.1%
Board2 names since 2003
1 directorWillems Philippe
Documentsfilings and deeds
28-11-202528 days late
2025micro format
Gross margin from €58,392 to €26,226Result from €46,962 to €16,838Equity from -€21,863 to -€5,025Debts from €92,173 to €60,771
Key points
from the 2025 annual accountsDebts
€60,771 109% of the balance sheet
Suppliers 3%Taxes and wages 4%Other 93%
Of this, €60,334 falls due within a year.
Position in the sector
-€5,025
Less equity than 92% of companies in head offices and management consultancy. Sector median €78,216 · 39,396 companies.
2026 accounts not filed, 9 days past the deadline
Checked score
56
Fair
Financially stronger than 53% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity 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: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged 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: 0.2%● unchanged vs 07-2025
09-2025: 0.1%▼ -0.1 percentage points vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.2%▲ +0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€5,025
lowers risk
Size: total assets €55,746
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.63, cash €31,943
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 7% of them on solvency, 33% on liquidity, 84% on profitability and 86% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-03-2025.
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, 3,794 companies had the same profile as VALUE FOR TECHNOLOGY has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VALUE FOR TECHNOLOGY itself is lower: 0.2% within 12 months. It rests on far more data about VALUE FOR TECHNOLOGY 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 3,794 companies, not a prediction for VALUE FOR TECHNOLOGY. 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 credit on open account
Liquidity is insufficient, with a current ratio of 0.63 (0.58 in 2024), below 1. Short-term debt is 108.2% and cash 57.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 39364 sector peers (2025).
NBB · sector comparisonPosition among 39364 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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 · 10 filingsDeviation from the deadline
2026
not filed
2025
28 days late
2024
2 days early
2023
on the day
2022
2 days late
2021
5 days late
2020
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 6 days after 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 (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0479954317
Resignation: An Vanhecke (director)
Director discharge: An Vanhecke · General meeting of 29-12-2021 · Gazette deed
First establishment
Acaciastraat 14, Kortenberg
Incorporation
published on 15-04-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| VALUE FOR TECHNOLOGY Kortenberg | €55,746 | €26,226 | -9.0% | - |
| M.B. - SERVICES Lennik | €54,053 | €23,261 | 78.2% | - |
| Bizz Compagnon Grimbergen | €65,899 | €30,629 | 80.7% | - |
| COMMUNICATE Hoeilaart | €66,049 | €31,407 | 85.8% | - |
| ZEUS Uccle | €52,499 | €24,649 | 74.1% | - |
| Jebola Westerlo | €52,221 | €27,200 | 64.5% | - |
| BAY6.BIZ Genk | €61,103 | €24,722 | 42.8% | - |
These companies have the same main activity as VALUE FOR TECHNOLOGY: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €52,200 and €66,000, founded between 2001 and 2004.
Official details
Source: KBO- Status
- Active since 07-04-2003Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.127.173.6733071 Kortenberg, since 22-04-2003
- Financial year end
- 31 March
- Peppol
- Reachable since 31-10-2023
Insights on VALUE FOR TECHNOLOGY
VALUE FOR TECHNOLOGY files the micro format. That format states no turnover. The gross margin rose from €10,151 in 2007 to €26,226 in 2025.
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 VALUE FOR TECHNOLOGY
- What is the company number of VALUE FOR TECHNOLOGY?
- The company number of VALUE FOR TECHNOLOGY is 0479.954.317. The VAT number is the same number with BE in front: BE 0479.954.317.
- Where is VALUE FOR TECHNOLOGY based?
- The registered office is at Acaciastraat 14, 3071 Kortenberg.Company details
- What does VALUE FOR TECHNOLOGY do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of VALUE FOR TECHNOLOGY?
- VALUE FOR TECHNOLOGY is a private limited company (pre-2019) (BVBA).
- When was VALUE FOR TECHNOLOGY founded?
- VALUE FOR TECHNOLOGY was founded on 07-04-2003.
- Is VALUE FOR TECHNOLOGY still active?
- Yes, VALUE FOR TECHNOLOGY is an active enterprise in the KBO register.
- What is the turnover of VALUE FOR TECHNOLOGY?
- The turnover in financial year 2025 is ≈ €76,000. This figure is estimated from the gross margin of €26,226 and 144 comparable companies (NACE 70200). It probably lies between €46,000 and €100,000.Financials
- Is VALUE FOR TECHNOLOGY profitable?
- In financial year 2025, VALUE FOR TECHNOLOGY made a profit of €16,838.
- Where can I find the annual accounts of VALUE FOR TECHNOLOGY?
- VALUE FOR TECHNOLOGY filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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