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VALUE PLUS

Absorbed by RANDSTAD GROUP BELGIUM KBO/BCE: BE 0685.862.749 subsidiary of Randstad NV
VALUE PLUS
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €22.6m (2018)
€22.3m▲ 0.6%
lowest -€504,083 (2018)
-€32,112▼ €928,260
peak €8.3m (2021)
€8.3m▼ 0.4%
€14.0m▲ 1.2%
peak 0 FTE (2018)
-not published
Board16 names since 2020all names
4 directorsDe Witte Comm. V and 3 others
Owners4 names in the annual accounts
100%RANDSTAD GROUP BELGIUM and 1 other
Documentsfilings and deeds
27-06-202334 days before the deadline
2022financial year
Turnover from €1.3m to €0Loss of €32,112New statutory auditor 03-062 directors appointed, 1 resignation 02-06Resignation: Ivan De Witte (managing director) 09-033 directors appointed, 7 resignations 31-01

Key points

from the 2022 annual accounts, the last ones filed

Result

-€32,112 -€32,112
€896,0002021-€32,1002022

From profit to loss in 2022, after a profit of €896,148 in 2021.

Payment terms

147 days to suppliers
Suppliers
26 to 147

VALUE PLUS pays its suppliers 121 days later than in 2021.

Liquidity

4.56 was 0.04 in 2021

Short-term debts fell from €13.8m to €327,164.

No scoreTurnover -100%: absorbed

Board and ownership

last known board
BA
BOSMANS Annic
Director, until 2023
CH
Chris HEUTINK
Director, until 2023
DW
De Witte Comm. V
Director, until 2023
HN
Herman NIJNS
Managing director, until 2023
HD
HERMANS Dominique
Director, until 2023
DB
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Auditor, Fabio De Clercq

Shares in 1 company, Hudson Belgium

Board & ownership

Recent changes

Merger: absorbed by RANDSTAD GROUP BELGIUM Dissolution of the company · Dissolved without liquidation · Resignations: BOSMANS Annic, HERMANS Dominique and IVAN DE WITTE · General meeting of 30-06-2023 · Gazette deed
Merger proposal: to be absorbed by RANDSTAD GROUP BELGIUM Permanent representative: Ivan DE WITTE · RANDSTAD GROUP BELGIUM holds all the shares · Gazette deed
1 director appointed, 1 resignation, 1 reappointment Resignation: Herman NIJNS (managing director) · Appointment: Annic BOSMANS (managing director) · Reappointment: Dominique HERMANS · General meeting of 28-03-2023 · Gazette deed
1 director appointed, 1 resignation Resignation: Chris HEUTINK · Appointment: Dominique HERMANS · Permanent representatives: Dirk Cleymans and Fabio De Clercq · General meeting of 03-01-2023 · Gazette deed
All 19 events

Official details

Source: KBO
Status
Absorbed by RANDSTAD GROUP BELGIUMmerger by absorption, August 2023
Activity
“Alle magelijke advies-en/of dienstenfuncties op het viak van algemene rekrutering en selectie van personeel…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

€0▼ 100%
€32,112
€8.3m▼ 0.4%
€22.3m▲ 0.6%
Filing
Filed on 27-06-2023
Financials

Insights on VALUE PLUS

Absorbed by RANDSTAD GROUP BELGIUM in August 2023. The last annual accounts are for financial year 2022. The company was dissolved without liquidation.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

full format, filed on 27-06-2023, 34 days before the deadline
€0
▼ 100%
-€290,634
▼ €269,218
-€24,019
▼ €404,488
€234,503
▼ 81.9%
37.2%
▼ 0.4 percentage points
4.56
▲ 4.52

Amounts without an identifiable currency are taken as euros.

Money flows

no detail for 2022

Balance sheet

balance sheet total €22.3m on 31-12-2022
What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20222021202020192018
Balance sheet: assets
20/58 22.3m22.1m22.1m22.5m22.6m
20 073,626290,292506,9590
21/28 20.8m21.5m21.5m21.0m20.4m
21 358,396484,585584,35933
22 ---00
24 ---00
26 ---00
27 ---00
28 20.4m21.0m21.0m21.0m20.4m
280/1 20.4m21.0m21.0m21.0m20.4m
280 20.4m21.0m21.0m21.0m20.4m
281 ---00
282/3 --000
282 ---00
283 ---00
284/8 350350350350350
284 ---00
285/8 350350350350350
29/58 1.5m520,582246,7241.0m2.2m
290 ---00
291 ---00
3 000--
30/31 ---00
32 ---00
33 ---00
34 ---00
35 ---00
36 ---00
37 ---00
40/41 793,7630155,896697,6411.1m
40 791,7360110,187638,3531.1m
41 2,027045,71059,28815,247
50 ---00
51/53 ---00
54/58 698,785519,05289,137307,1651.1m
490/1 01,5301,6911,6520
Balance sheet: equity and liabilities
10/49 22.3m22.1m22.1m22.5m22.6m
10/15 8.3m8.3m7.4m6.3m5.5m
10/11 6.0m6.0m6.0m6.0m6.0m
10 6.0m6.0m---
100 6.0m6.0m6.0m6.0m6.0m
101 ---00
11 ---00
1100/10 ---00
12 ---00
13 116,242116,24271,43514,372-
130/1 116,242116,24271,435--
130 116,242116,24271,43514,3720
1312 ---00
1319 ---00
132 ---00
133 ---00
14 2.2m2.2m1.4m273,074-504,083
15 ---00
19 ---00
160 ---00
161 ---00
162 ---00
163 ---00
164/5 ---00
168 ---00
17/49 14.0m13.8m14.6m16.2m17.1m
17 13.6m013.3m13.9m15.1m
170/4 13.6m013.3m13.9m15.1m
170 -02.0m2.0m2.0m
171 ---00
172 ---00
173 -011.3m11.9m13.1m
174 13.6m--00
1750 ---00
1751 ---00
176 ---00
178/9 ---00
42/48 327,16413.8m1.4m2.3m2.0m
42 -01.3m1.3m1.3m
43 317,84313.7m---
430/8 ---00
439 317,84313.7m-00
44 9,32166,966146,0621.1m513,742
440/4 9,32166,966146,0621.1m513,742
441 ---00
46 ---00
45 019,781--186,835
450/3 019,781-0186,835
454/9 ---00
47/48 ---00
492/3 ---00
Income statement
70/76A 01.3m909,9601.6m1.7m
70 01.3m909,9601.6m1.7m
71 ---00
72 ---00
76A --000
60/66A 290,6341.4m1.3m2.1m1.7m
600/8 ---00
609 ---00
61 23,151956,5491.0m1.9m1.7m
62 ---00
630 266,615401,885298,320158,1700
631/4 ---00
635/8 ---00
640/8 8688689780935
649 ---00
66A --057,3760
9901 -290,634-21,416-432,879-446,2205,476
75/76B 507,9681.6m2.0m1.7m43,489
75 01.6m2.0m1.7m43,489
750 01.6m2.0m1.7m0
751 095841390
752/9 ---043,489
76B 507,968--00
65/66B 249,446683,394425,907456,452553,049
65 249,446440,175425,907456,452553,049
650 249,189398,791425,582456,146314,725
651 ---00
652/9 25741,384325306238,323
66B 0243,219-00
9903 -32,112896,1481.1m791,529-504,083
67/77 ---00
670/3 ---00
77 ---00
9904 -32,112896,1481.1m791,529-504,083
789 ---00
689 ---00
9905 -32,112896,1481.1m791,529-504,083
Appropriation of the result
9906 2.2m2.3m1.4m287,446-504,083
14P 2.2m1.4m---
791 ---00
792 ---00
691/2 044,80757,06314,372-
691 ---00
6920 044,80757,06314,3720
6921 ---00
694 ---00
695 ---00
696 ---00
Social balance sheet
9087 ---00
Hours worked1013 --000
Document PDFPDFPDFPDFPDF

The notes to these accounts have 39 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 27-06-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2022 full format 27-06-2023 2023-00176587 PDF
31-12-2021 full format 30-05-2022 2022-20039906 PDF
31-12-2020 full format 15-06-2021 2021-20000223 PDF
31-12-2019 full format 02-07-2020 2020-25600568 PDF
31-12-2018 full format 24-06-2019 2019-22900227 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20222021202020192018
-24,019380,469-134,559-288,0505,476
234,5031.3m1.4m949,699-504,083
66,800177,944666,010697,50520.4m
179,733429,915-218,028-759,167-
1.2m-13.3m-1.1m-1.3m207,527
--1.6%-47.6%-27.5%0.3%
37.2%37.6%33.7%28.0%24.3%
4.560.040.180.441.11
1.681.661.972.573.11
-0.4%10.8%15.4%12.6%-9.2%
-0.1%4.1%5.2%3.5%-2.2%
-0.100.95-0.32-0.630.02
-0 days44 days144 days231 days
147 days26 days51 days208 days111 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20222021
Intangible fixed assets€66,800€85,444
Financial fixed assets-€92,500
€266,615€401,885

Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)

Auditor

fees

The auditor is Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises.

Item20222021
Fee for the audit€12,078€5,261
Work by persons linked to the auditor-€1,580

Source: notes to the 2021 to 2022 annual accounts (relations with the auditor)

Insights on VALUE PLUS

The operating result for 2022 is a loss of €290,634, larger than the loss of €21,416 in 2021.

Debt's share of the balance-sheet total rises from 62.4% to 62.8%. Equity is lower and debt is higher.

Large changes and their cause
  • 2022 Turnover -100% on 2021. Last accounts before the absorption by RANDSTAD GROUP BELGIUM (Official Gazette 24-08-2023).

Board & ownership

Last board

1 auditor, last change in 2023
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Statutory auditor, permanent representative Fabio De Clercq
appointed by deed of 03-06-2022

Office holders in the KBO →

Mandates through the years

16 names, the dashed line is today
Show
Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
Statutory auditor
BOSMANS Annic
Director
De Witte Comm. V
Director
HERMANS Dominique
Director
Herman NIJNS
Managing director
Chris HEUTINK
Director
KPMG Bedrijfsrevisoren CVBA
Statutory auditor
Jacobus Wim van den Broek
Director
Johan Christiaan (genoemd Chris) HEUTINK
Director
Ivan DE WITTE
Managing director
An Bels
Director
Lieven Coen
Director
Nikola Trbovic
Director
Philippe Meysman
Director
Serge Gommé
Director
Walter Beyen
Director
Earliermandate already running before its first mentionend not dated
Mandates as a list
  • Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises
    • Statutory auditor, from 09-05-2022 to date
  • BOSMANS Annic
    • Director, from before 31-12-2022 to 24-08-2023
    • Managing director, appointed by deed of 17-04-2023, ended, last mentioned on 17-04-2023
  • De Witte Comm. V
    • Director, appointed by deed of 31-01-2022, until 24-08-2023
  • HERMANS Dominique
    • Director, from before 31-12-2022 to 24-08-2023
  • Herman NIJNS
    • Director, appointed by deed of 31-01-2022, until 01-04-2023
    • Managing director, appointed by deed of 02-06-2022, until 01-04-2023
  • Chris HEUTINK
    • Director, until 06-02-2023
  • KPMG Bedrijfsrevisoren CVBA
    • Statutory auditor, from 12-06-2020 to 03-06-2022
  • Jacobus Wim van den Broek
    • Director, appointed by deed of 31-01-2022, until 02-06-2022
  • Johan Christiaan (genoemd Chris) HEUTINK
    • Director, appointed by deed of 02-06-2022, no longer listed in the 2022 annual accounts
  • Ivan DE WITTE
    • Managing director, from before 07-06-2021 to 09-03-2022
    • Director, until 09-12-2021
  • An Bels
    • Director, from before 07-06-2021 to 09-12-2021
  • Lieven Coen
    • Director, from before 07-06-2021 to 09-12-2021
  • Nikola Trbovic
    • Director, from before 07-06-2021 to 09-12-2021
  • Philippe Meysman
    • Director, from before 07-06-2021 to 09-12-2021
  • Serge Gommé
    • Director, from before 07-06-2021 to 09-12-2021
  • Walter Beyen
    • Director, from before 07-06-2021 to 09-12-2021

See the board, name and registered office on a given date →

Control

Consolidating parent
Randstad NV NL
Source: parent in own accounts 2022
consolidates
This company
VALUE PLUS
Equity €8.3m
Loss €32,112 in 2022

Capital

Capital
€6,000,000
Shares
6,000,000
Contribution per share
€1
Equity per share
€1.38 in 2022
Source
2022 annual accounts

Owners through the years

as the annual accounts name them
RANDSTAD GROUP BELGIUM
100%
100%
Randstad NV NL
consolidates
consolidates
PIETRASANTA
57.5%
57.5% until 2020
VECTIS PRIVATE EQUITY III ARKIV
42.5%
42.5% until 2020
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 30-05-2023 ↗

Network & group

Holdings

own 2022 accounts, the bar shows equity in euros
This companyVALUE PLUS1 holding, 1 country 2022 accounts

Belgium 1 Equity Result

Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.

Parent

Randstad NV
Netherlands

Earlier ties

DE WITTE
via Ivan DE WITTE, at VALUE PLUS until 2022 · Permanent representative · deed of 05-06-2014
founded in 1995
 total assets €8.2m (2025)

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2018 to 2022
Holdings through the years
Name20182019202020212022
Hudson Belgium 100%
Hudson NederlandNL 100%
Hudson LuxembourgLU 80%79.68%99.59%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
BE 0874.753.819artikels 12:50 tot en met 12:58 Wetboek van vennootschappen en verenigingen · Gazette deed of 24-08-2023 (4 deeds)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

19 events since 2017
2023
Merger: absorbed by RANDSTAD GROUP BELGIUMDissolution of the company · Dissolved without liquidation · Resignations: BOSMANS Annic, HERMANS Dominique and IVAN DE WITTE · General meeting of 30-06-20236 points ▸
  • General meeting, 30-06-2023
  • Accounting effect, 01-01-2023
  • Director resignation, BOSMANS Annic
  • Director resignation, HERMANS Dominique
  • Director resignation, IVAN DE WITTE
  • Permanent representative, DE WITTE Ivan
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFfull format · 34 days before the deadline
Merger proposal: to be absorbed by RANDSTAD GROUP BELGIUMPermanent representative: Ivan DE WITTE · RANDSTAD GROUP BELGIUM holds all the shares5 points ▸

Open the deed in the Belgian Official Gazette

1 director appointed, 1 resignation, 1 reappointmentResignation: Herman NIJNS (managing director) · Appointment: Annic BOSMANS (managing director) · Reappointment: Dominique HERMANS · General meeting of 28-03-20238 points ▸

Open the deed in the Belgian Official Gazette

1 director appointed, 1 resignationResignation: Chris HEUTINK · Appointment: Dominique HERMANS · Permanent representatives: Dirk Cleymans and Fabio De Clercq · General meeting of 03-01-20235 points ▸
  • General meeting, 03-01-2023
  • Director resignation, Chris HEUTINK
  • Director appointment, Dominique HERMANS
  • Permanent representative, Dirk Cleymans
  • Permanent representative, Fabio De Clercq
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2022
Liquidity more than 120 times current ratio 4.56 The current ratio rises from 0.04 to 4.56. Short-term debt falls from €13.8m to €327,164.
New statutory auditorDELOITTE BEDRIJFSREVISOREN BV appointed, KPMG BEDRIJFSREVISOREN BV resigned · General meeting of 09-05-20223 points ▸

Open the deed in the Belgian Official Gazette

2 directors appointed, 1 resignationResignation: Jacobus Wim (genoemd Jacques) VAN DEN BROEK · Appointments: Johan Christiaan (genoemd Chris) HEUTINK and Herman NIJNS (managing director) · General meeting of 29-04-20225 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFfull format · 62 days before the deadline
Resignation: Ivan De Witte (managing director)Board meeting of 09-12-20212 points ▸
  • Board meeting, 09-12-2021
  • Director resignation, Ivan De Witte (managing director)

Open the deed in the Belgian Official Gazette

3 directors appointed, 7 resignationsResignations: Ivan De Witte, Philippe Meysman, Walter Beyen, Lieven Coen, Serge Gommé, An Bels and 1 other · Appointments: De Witte Comm. V, Herman Nijns and Jacobus Wim van den Broek · Permanent representative: Ivan De Witte · General meeting of 09-12-202112 points ▸

Open the deed in the Belgian Official Gazette

2021
7 directors reappointedIvan De Witte (managing director), Philippe Meysman, Walter Beyen, Lieven Coen, Serge Gommé, An Bels and 1 other · General meeting of 07-06-20218 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFfull format · 46 days before the deadline
2020
Highest result from 2018 to 2022 net €1.1m ▲44.2% The net result of €1.1m is the highest of those years.
Appointment: KPMG Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: Joachim Hoebeeck · General meeting of 12-06-20203 points ▸
  • General meeting, 12-06-2020
  • Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Joachim Hoebeeck

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFfull format · 29 days before the deadline
2019
Back to profit net €791,529 The net result is €791,529, after one loss-making year.
Annual accounts 2018 filed PDFfull format · 37 days before the deadline
2017
Incorporation PDF14 publications in the Belgian Official Gazette, the last on 24-08-2023

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

VALUE PLUS has filed 5 sets of annual accounts, the latest for financial year 2022.1 In 2023 the company was absorbed by merger into RANDSTAD GROUP BELGIUM.2

  1. 1National Bank, annual accounts 2022
  2. 2Belgian Official Gazette, 24-08-2023

Company details

Purpose according to the articles of association

PurposeThe purpose describes the activities the company may carry out under its articles.
“Alle magelijke advies-en/of dienstenfuncties op het viak van algemene rekrutering en selectie van personeel en op vlak van het algemeen…”
10 activities
  1. Alle magelijke advies-en/of dienstenfuncties op het viak van algemene rekrutering en selectie van personeel en op vlak van het algemeen beleid van vennootschappen.
  2. Consultancy,opleiding,technische expertise en bijstand op voornoemde gebieden.
  3. Het geven van advies en het verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven die op voornoemde gebieden actief zijn,de vertegenwoordiging en het optreden als commercieel tussenpersoon.
  4. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.
  5. Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht,alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
  6. Het beleggen,intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,inschrijvingsrechten,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen,al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen,al dan niet met een(semi)publiekrechtelijk statuut.
  7. Het nemen,verwerven,beheren en exploiteren van intellectuele eigendomsrechten en gebruiksrechten en licenties,in eender welke vorm.
  8. Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.
  9. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende nde goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten.De vennootschap kan derhalve ook contracten van onroerende leasing afsluiten.
  10. Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondememingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.

Articles of association, deed of 30-05-2023 (in Dutch)

Inactive

Absorbed by RANDSTAD GROUP BELGIUM in August 2023

VALUE PLUS is no longer in the KBO register. RANDSTAD GROUP BELGIUM took it over in a merger by absorption, published in the Belgian Official Gazette on 24 August 2023.

Status
Inactive
Reason
Merger by absorptionBelgian Official Gazette, 24 August 2023 · deed
Absorbed by
RANDSTAD GROUP BELGIUM · 0874.753.819
Last annual accounts
financial year to 31 December 2022
Last registered office
Marsveldplein 5, Bastion Tower -Verdieping 20 En 21, 1050 Elsene (Brussel)as published on 24 August 2023
Legal form
Public limited company
First annual accounts
financial year 2018
Official KBO record

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