VALUE TRADING

Active

Private limited companyfounded 20187 yrs activeSimonsstraat 48, 2018 Antwerpen, BelgiumKBO/BCE: BE 0713.776.775

The computed 12-month bankruptcy probability of VALUE TRADING is 2.4% (moderate). The 2024 annual accounts show negative equity (€-3.32M) and a net result of €-1.11M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 5988 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

31 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2021

Profitability7▼-12

Solvency0▼-25

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.91 against 1.02 in 2021; short-term debt: 101.6% and cash: 38.9% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-127%

Return on assets

-42.5%

Age of the figures

20 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

19202124

2019 to 2024 · latest year €-3.32M

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

76 d late

2021

81 d late

2020

32 d late

2019

69 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

€153.42M

EBIT margin

-1.3%

Net result

€-1.11M

2021 · €285k

2019: €-2k 2020: €238k 2021: €285k

2019 → 2024

Working capital

€-234k

2021 · €3.27M

2019: €11k 2020: €2.76M 2021: €3.27M

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2019202020212024Trend

Turnover€153.42M

Equity€11k-€248k▲ 2,198%€533k▲ 115%€-3.32M

Operating result€-2k-€353k€-23k€-2.05M▼ 8,878%

Net result€-2k-€238k€285k▲ 19.8%€-1.11M

Result per fiscal year

Operating resultNet result

The operating result is €-2.05M in 2024, compared with €-23k in 2021. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2024 in colour, 2021 as the grey bar beneath

Assets €2.61M

92.7%

Fixed assets €192k▲ 74.5%

Current assets €2.42M▼ 98.6%

Key figures and ratios

2024 value · change against 2021

EBITDA

€-2.03M▼

2021 · €-16k

Cash flow

€-1.09M▼

2021 · €291k

Solvency

-127.0%▼

2021 · 0.3%

Current ratio

0.91▼

2021 · 1.02

Quick ratio

0.91▼

2021 · 1.00

Debt / equity

-1.79

ROA

-42.5%▼

2021 · 0.2%

Debt

€5.93M▼

2021 · €171.66M

Debt ≤ 1 year

€2.66M▼

2021 · €168.82M

Debt > 1 year

€3.28M▲

2021 · €2.55M

Income taxes

€0▼

2021 · €95k

Staff costs

€751k▲

2021 · €397k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2021

Balance sheet Code20212024

Assets

Total assets20/58€172.19M€2.61M▼

Fixed assets21/28€110k€192k▲

Tangible fixed assets22/27€110k€192k▲

Plant, machinery and equipment23€110k€192k▲

Financial fixed assets28€0-

Current assets29/58€172.08M€2.42M▼

Stocks and contracts in progress3€3.82M€0▼

Stocks30/36€3.82M€0▼

Goods purchased for resale34-€0

Amounts receivable within one year40/41€166.67M€1.40M▼

Trade receivables40€164.26M€1.40M▼

Other amounts receivable41€2.41M€2k▼

Cash at bank and in hand54/58€1.59M€1.02M▼

Equity and liabilities

Total equity and liabilities10/49€172.19M€2.61M▼

Equity10/15€533k€-3.32M▼

Contributions10/11€12k€12k=

Profit (loss) carried forward14€521k€-3.33M▼

Amounts payable17/49€171.66M€5.93M▼

Amounts payable after more than one year17€2.55M€3.28M▲

Financial debts170/4€2.55M€3.28M▲

Subordinated loans170-€3.28M

Amounts payable within one year42/48€168.82M€2.66M▼

Trade debts44€160.73M€2.41M▼

Suppliers440/4€160.73M€2.41M▼

Advances received on contracts in progress46€4k€0▼

Taxes, remuneration and social security45€223k€125k▼

Taxes450/3€82k€95k▲

Remuneration and social security454/9€141k€30k▼

Other amounts payable47/48€7.86M€119k▼

Accrued charges and deferred income492/3€297k-

Income statement Code20212024

Operating income70/76A-€153.42M

Turnover70-€153.42M

Other operating income74-€98

Operating charges60/66A-€155.47M

Goods for resale, raw materials and consumables60-€152.44M

Purchases600/8-€151.04M

Change in stocks: decrease (increase)609-€1.40M

Services and other goods61-€2.26M

Remuneration, social security and pensions62€397k€751k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€22k▲

Other operating charges640/8€599€619▲

Gross operating margin9900€381k-

Operating profit (loss)9901€-23k€-2.05M▼

Financial income75/76B€402k€977k▲

Recurring financial income75€402k€977k▲

Other financial income752/9-€977k

Financial charges65/66B€16€37k▲

Recurring financial charges65€16€37k▲

Debt charges650-€0

Other financial charges652/9-€37k

Profit (loss) for the period before taxes9903€379k€-1.11M▼

Income taxes67/77€95k€0▼

Taxes670/3-€0

Profit (loss) for the period9904€285k€-1.11M▼

Profit (loss) for the period to be appropriated9905€285k€-1.11M▼

Appropriation of the result

Profit (loss) to be appropriated9906€521k€-3.33M▼

Profit (loss) brought forward from the previous period14P€236k€-2.22M▼

Social balance

Average headcount (FTE)9087-9.6

The notes to these accounts (29 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 5Filings 4

2025

15-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 76 days late

2024

31-12

Financial Weakest financial yearnet €-1.11M ▼490%

Net result drops to €-1.11M, the lowest in the series.

2022

20-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 81 days late

2021

31-12

Financial Highest result since 2019net €285k ▲19.8%

Net result €285k, the highest in the series.

31-12

Financial Equity above €500kEq €533k ▲115%

2 profitable years in a row build equity to €533k.

01-09

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 32 days late

2020

31-12

Financial Back to profitnet €238k

Net result €238k after one loss-making year.

31-12

Financial Equity above €200kEq €248k ▲2198%

Equity rises from €11k to €248k.

08-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 69 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 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, Antwerpen · 1 establishment unit since 2018

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Simonsstraat 482018 Antwerpen

Ground area

532 m²

Building footprint

532 m²

Volume, LiDAR

4,608 m³

Parcel 11808H1191/00A004, Flanders · tallest building 18.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

VALUE TRADING

Simonsstraat 48, 2018 AntwerpenFinancial service activities, except insurance and pension funding

since 20182.285.398.192

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11808H1191/00A004	Flanders	532 m²	1 · 532 m²	18.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

9845009948057E945F04

no longer live in the LEI register

Similar companies · same sector, comparable size

BO-STEEL

BE 0899.151.792

Kluisbergen · Eq €536k

Ingelmunster · Eq €514k

BEGOMAT

BE 0444.836.654

Sint-Martens-Latem · Eq €558k

Of 732 companies in sector 46820 we hold annual accounts for 387. 276 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-11-2018

Fiscal year end31-12

Activities, NACEBEL

46480Wholesale trade

46820Wholesale trade

62020IT consultancy

62200Computer consultancy and computer facilities management

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.