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VALUE TECH

Active Private limited company (pre-2019)founded 2015active for 10 yearsFloraliënstraat 83, 1200 Woluwe-Saint-LambertKBO/BCE: BE 0643.452.864

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €76,724 (2024)
€76,724▲ 7.4%
peak €50,978 (2022)
€49,975▼ 1.7%
peak €295,086 (2023)
€245,061▼ 17.0%
€147,986▲ 317%
Board1 name since 2021
1 directorMOUTARLIER Philippe
Documentsfilings and deeds
14-10-202575 days late
2024micro format
Dividend €100,000Equity from €295,086 to €245,061Debts from €35,473 to €147,986

Key points

from the 2024 annual accounts

Equity

€245,061 ▼ 17.0%
295,0862023+49,975Profit-100,000Dividend245,0612024

VALUE TECH paid out €100,000 in dividends. That is 200% of the 2024 profit.

Debts

€147,986 ▲ 317%
Taxes and wages
+10,634
Suppliers
+1,879
The rest
+100,000

Debts rose by €112,513 in 2024.

Liquidity

2.65 was 9.18 in 2023

Short-term debts rose from €35,473 to €147,986.

Filings

9 annual accounts 102 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€245,061

More equity than 85% of companies in computer programming and consultancy. Sector median €73,748 · 20,549 companies.

Checked score

55
Fair
Financially stronger than 47% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 2.7%▲ +0.6 percentage points vs 12-2024highest value 02-2025: 0.2%▼ -2.5 percentage points 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: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.2%▼ -0.4 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

87-13equity 62.3% of total assets
77-21short-term debt 37.7% · cash 35.2%
85-3return on assets 12.7%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 3 of the last 3 accounts late
Figures for financial year 2024 (filed on 16-10-2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 2.65, cash €138,408
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 62, micro). It does better than 55% of them on solvency, 60% on liquidity, 46% on profitability and 26% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2024.

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, 34,693 companies had the same profile as VALUE TECH has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of VALUE TECH itself: 0.4% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for VALUE TECH. 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

Credit of up to €13,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 2.65 (9.18 in 2023), above the usual 1.5. Short-term debt is 37.7% and cash 35.2% of total assets. 37.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Figures for financial year 2024 (filed on 16-10-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.65, cash €138,408
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 75 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
75 days late
2023
153 days late
2022
354 days late
2021
718 days late
2020
31 days late
2019
122 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 242 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MP
MOUTARLIER Philippe
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0643452864
Registered office moved from Brussels to Woluwe-Saint-Lambert New registered office: Rue des Floralies 83 boite 135 1200 Woluwe Saint Lambert · Previous registered office: Rue Cardina! Lavigerie 4, 1040 Bruxelles · General meeting of 18-07-2022 · Gazette deed
Incorporation published on 30-11-2015 · Gazette deed
First establishment
All 17 events

Comparable companies

same main activity, similar in size and age
Company
VALUE TECH Woluwe-Saint-Lambert €393,047 €76,724 62.3% -
ABE-HR Schaerbeek €410,377 €77,019 84.7% -
ESOLUTIONS Brussels €369,911 €76,915 69.9% -
NT PARTNERS Auderghem €398,507 €76,990 23.7% -
IKTON Schaerbeek €379,916 €78,776 95.5% -
HORIZON 42 Brussels €420,889 €71,621 45.4% -
SILLAGE Ixelles €328,704 €78,753 57.4% -

These companies have the same main activity as VALUE TECH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €329,000 and €421,000, founded between 2014 and 2017.

Official details

Source: KBO
Status
Active since 19-11-2015Normal situation
Registered office
14 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.248.028.646since 19-11-2015
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2024

€76,724▲ 7.4%
≈ €150,000estimated
€49,975▼ 1.7%
€245,061▼ 17.0%
€393,047▲ 18.9%
Filing
Filed on 14-10-2025
Financials

Insights on VALUE TECH

VALUE TECH files the micro format. That format states no turnover. The gross margin rose from €29,171 in 2016 to €76,724 in 2024.

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

Financials

Annual accounts 2024

micro format, filed on 14-10-2025, 75 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 10 November 2026.

€76,724
▲ 7.4%
€69,969
▲ 4.1%
€49,975
▼ 1.7%
€244,062
▼ 15.9%
62.3%
▼ 26.9 percentage points
2.65
▼ 6.53

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €130,000 and €190,000.

Balance sheet

balance sheet total €393,047 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

62.3%

Higher than 50% of 20,537 companies in 2024.

2.65

Higher than 50% of 19,921 companies in 2024.

12.7%

Higher than 41% of 20,101 companies in 2024.

VALUE TECH Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202420232022202120202019201820172016
Balance sheet: assets
20/58 393,047330,559267,798221,001193,778138,41095,48481,02154,143
21/28 1,0004,9209,173845--98317242
22/27 1,0004,9209,173845--98317242
24 1,0004,9209,173845--98317242
29/58 392,048325,639258,624220,157193,778138,41095,38680,70553,901
40/41 253,251196,408147,878137,904122,058113,24574,65048,71525,133
40 15,13015,72412,53421,00712,53024,3798,65210,64821,296
41 238,121180,684135,344116,898109,52888,86665,99938,0673,837
54/58 138,408128,853110,37077,70067,72025,16520,73631,99028,768
490/1 3883773774,5534,000----
Balance sheet: equity and liabilities
10/49 393,047330,559267,798221,001193,778138,41095,48481,02154,143
10/15 245,061295,086244,260193,282157,015111,03875,85653,07025,401
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,200
100 -----18,60018,60018,60018,600
101 -----12,40012,40012,40012,400
11 ----6,200----
1109/19 ----6,200----
13 19,20119,20119,20119,20119,20119,20119,20119,20119,201
130/1 1,8601,8601,8601,8601,860----
130 -----1,8601,8601,8601,860
1311 1,8601,8601,8601,8601,860----
133 17,34117,34117,34117,34117,34117,34117,34117,34117,341
14 219,660269,685218,859167,881131,61485,63750,45527,669-
17/49 147,98635,47323,53727,71936,76327,37219,62827,95128,742
42/48 147,98635,47323,53727,71936,76327,37219,62827,95128,742
44 3,6721,7932603,9531,3233,3803,8063,54413,598
440/4 3,6721,7932603,9531,3233,3803,8063,54413,598
45 44,31433,68023,27723,76635,43923,99215,82224,40715,144
450/3 44,31433,68023,27723,76635,43923,99215,82224,40715,144
47/48 100,000--------
Income statement
9900 76,72471,46367,87747,00059,83146,09931,05240,32929,171
630 3,9214,2533,248320-98219219121
640/8 2,834--------
9901 69,96967,21064,62846,68059,83146,00230,83440,11029,050
75/76B 5---3----
75 5---3----
65/66B 104149998476754791,24732
65 104149998476754791,24732
9903 69,87167,06164,52946,59659,75845,92730,35438,86329,018
67/77 19,89616,23513,55110,32913,78110,7457,56811,1959,816
9904 49,97550,82650,97836,26745,97735,18222,78627,66919,201
9905 49,97550,82650,97836,26745,97735,18222,78627,66919,201
Appropriation of the result
9906 319,660269,685218,859167,881131,61485,63750,45527,66919,201
14P 269,685218,859167,881131,614-----
691/2 --------19,201
6920 --------1,860
6921 --------17,341
694/7 100,000--------
694 100,000--------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 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 2024 (PDF), filed on 14-10-2025.

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
31-12-2024 micro format 14-10-2025 2025-00543087 PDF
31-12-2023 micro format 31-12-2024 2025-00000448 PDF
31-12-2022 micro format 19-07-2024 2024-00274689 PDF
31-12-2021 micro format 18-07-2024 2024-00258817 PDF
31-12-2020 micro format 31-08-2021 2021-66400125 PDF
31-12-2019 micro format 30-11-2020 2020-74300562 PDF
31-12-2018 micro format 29-08-2019 2019-58900337 PDF
31-12-2017 micro format 30-08-2018 2018-58400496 PDF
31-12-2016 full format 31-07-2017 2017-40400453 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019201820172016
73,89071,46367,87747,000-46,09931,05240,32929,171
53,89655,07954,22636,587-35,28023,00527,88719,322
0011,5771,164-00293363
9,55518,48432,6709,98042,5544,430-11,2543,222-
244,062290,166235,087192,438157,015111,03875,75852,75325,159
62.3%89.3%91.2%87.5%81.0%80.2%79.4%65.5%46.9%
2.659.1810.997.945.275.064.862.891.88
0.600.120.100.140.230.250.260.531.13
20.4%17.2%20.9%18.8%29.3%31.7%30.0%52.1%75.6%
12.7%15.4%19.0%16.4%23.7%25.4%23.9%34.1%35.5%
over 100over 100over 100over 100-----

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
Item2024202320222021
Tangible fixed assets--€11,577€1,164
€3,921€4,253€3,248€320

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on VALUE TECH

The operating result for 2024 is 4% higher than in 2023 and the highest since 2016. It is the third rise in a row, after the fall in 2021.

Debt's share of the balance-sheet total rises from 10.7% to 37.7%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
MOUTARLIER Philippe
Director
listed in the 2024 annual accounts, filed on 14-10-2025

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MOUTARLIER Philippe
Director
Boardmandate already running before its first mention
Mandates as a list
  • MOUTARLIER Philippe
    • Director, since before 31-12-2021

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

Control

Capital

Contribution
€6,200
Source
2024 annual accounts

Network & group

No group

VALUE TECH has no parent and no holdings in its annual accounts. MOUTARLIER Philippe is the only director. VALUE TECH shares no director with another company.

At the same address

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founded in 2026
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Mwamikazi Uwera, Chouette (sole trader)
establishment since 06-01-2025
founded in 2025
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Chatzideri, Heidi (sole trader)
establishment since 03-01-2022
founded in 2022
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establishment since 16-04-2018
founded in 2018
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establishment since 02-10-2017
founded in 2017
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and 3 more

Timeline

Timeline

17 events since 2015
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0643452864
2025
Annual accounts 2024 filed PDFmicro format · 75 days late
2024
Annual accounts 2023 filed PDFmicro format · 153 days late
Annual accounts 2022 filed PDFmicro format · 354 days late
Annual accounts 2021 filed PDFmicro format · 718 days late
2022
Highest result from 2016 to 2024 net €50,978 ▲40.6% The net result of €50,978 is the highest of those years.
Equity above €200,000 equity €244,260 ▲26.4% With a profit in every financial year since 2016, equity grows to €244,260.
Registered office moved from Brussels to Woluwe-Saint-LambertNew registered office: Rue des Floralies 83 boite 135 1200 Woluwe Saint Lambert · Previous registered office: Rue Cardina! Lavigerie 4, 1040 Bruxelles · General meeting of 18-07-20222 points ▸
  • General meeting, 18-07-2022
  • Registered-office move, Rue des Floralies 83 boite 135 1200 Woluwe Saint Lambert

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Equity above €150,000 equity €157,015 ▲41.4% With a profit in every financial year since 2016, equity grows to €157,015.
Annual accounts 2019 filed PDFmicro format · 122 days late
2019
Equity above €100,000 equity €111,038 ▲46.4% With a profit in every financial year since 2016, equity grows to €111,038.
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Annual accounts 2017 filed PDFmicro format · 30 days late
2017
Annual accounts 2016 filed PDFfull format · on the deadline day
2015
Incorporation PDFpublished on 30-11-2015
First establishment

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

On 19 November 2015, VALUE TECH was incorporated.1 In 2022 the registered office moved to Woluwe-Saint-Lambert.2 Total assets went from €95,484 in 2018 to €393,047 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-10-2022
  3. 3National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0643.452.864
VAT number
BE 0643.452.864
Peppol ID
0208:0643452864
Other Peppol ID
9925:BE0643452864
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
19-11-2015
Financial year
ends on 31 December
Peppol
Reachable since 08-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
VALUE TECH in French
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Floraliënstraat 83 registered office 1200 Woluwe-Saint-Lambert
VALUE TECH 19-11-2015 2.248.028.646
1 former office
  • Rue Cardina! Lavigerie 4, 1040 Bruxelles until 18-07-2022 · deed of 05-10-2022

Buildings and parcels at the addresses

Ground area
1.8 ha
Buildings
1,500 m²
Volume, LiDAR
50,647 m³
Tallest building
46.2 m
Buildings to scale, each on its own parcel
1,109 m², 46.2 m 391 m², 29.7 m 1,109 m², 46.2 m 391 m², 29.7 m

Location

registered office establishment The establishment unit on the map
14 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21672C0070/00X0001.7 ha 1 · 1,109 m² 46.2 m · 14
21363B0333/00R005509 m² 1 · 391 m² 29.7 m · 1