VALUE TREES
Bankruptcy closedInactive since 27-05-2026; last annual accounts for fiscal year 2023.
Summary
VALUE TREES was declared bankrupt on 22-04-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 26-05-2026, published in the Belgian State Gazette on 29-05-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
2 d late
2021
3 d early
2020
87 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? This is how you file your claim.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Computing infrastructure, data processing, hosting and related activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
-€10,475▼ 5.2%
2022 · -€9,955
Total assets
€876▲ 1.4%
2022 · €864
Net result
-€520▲ 17.8%
2022 · -€633
Working capital
-€10,475▼ 5.2%
2022 · -€9,955
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€3,091▲ 38.7%-€7,259▼ 135%-€273▲ 96.2%-€633▼ 131%-€368▲ 41.9%
Net result-€3,781▲ 26.4%-€7,382▼ 95.2%-€418▲ 94.3%-€633▼ 51.5%-€520▲ 17.8%
Equity-€1,523-€8,904▼ 485%-€9,322▼ 4.7%-€9,955▼ 6.8%-€10,475▼ 5.2%
Total assets€54,046▲ 1,513%€1,504▼ 97.2%€5,610▲ 273%€864▼ 84.6%€876▲ 1.4%
Debt€55,569▲ 4,991%€10,408▼ 81.3%€14,932▲ 43.5%€10,819▼ 27.5%€11,352▲ 4.9%
Working capital-€1,523▼ 145%-€8,904▼ 485%-€9,322▼ 4.7%-€9,955▼ 6.8%-€10,475▼ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €368 in 2023 against €633 in 2022; the loss shrinks.
Key figures and ratios
Debt ≤ 1 year
€11,352▲
2022 · €10,819
Staff costs
€0▼
2022 · €72
Ratios withheld: a balance sheet total of €876 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €61 | €72 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | €17 | €116 | €314 | ▲ 170% |
| Gross operating margin9900 | -€2,466 | -€7,067 | -€195 | -€445 | -€54 | ▲ 87.9% |
| Operating profit (loss)9901 | -€3,091 | -€7,259 | -€273 | -€633 | -€368 | ▲ 41.9% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | €160 | €15 | €0 | €0 | - | - |
| Financial charges65/66B | - | - | €145 | €0 | €153 | - |
| Recurring financial charges65 | €850 | €138 | €145 | €0 | €153 | - |
| Profit (loss) for the period before taxes9903 | -€3,781 | -€7,382 | -€418 | -€633 | -€520 | ▲ 17.8% |
| Profit (loss) for the period9904 | -€3,781 | -€7,382 | -€418 | -€633 | -€520 | ▲ 17.8% |
| Profit (loss) for the period to be appropriated9905 | -€3,781 | -€7,382 | -€418 | -€633 | -€520 | ▲ 17.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54,046 | €1,504 | €5,610 | €864 | €876 | ▲ 1.4% |
| Fixed assets21/28 | €0 | - | - | - | - | - |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Current assets29/58 | €54,046 | €1,504 | €5,610 | €864 | €876 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €51,557 | €1,171 | €4,448 | €854 | €876 | ▲ 2.6% |
| Trade receivables40 | - | - | €3,615 | €0 | - | - |
| Other amounts receivable41 | - | - | €832 | €854 | €876 | ▲ 2.6% |
| Cash at bank and in hand54/58 | €2,490 | €333 | €1,162 | €10 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54,046 | €1,504 | €5,610 | €864 | €876 | ▲ 1.4% |
| Equity10/15 | -€1,523 | -€8,904 | -€9,322 | -€9,955 | -€10,475 | ▼ 5.2% |
| Contributions10/11 | €25,840 | - | €25,840 | €25,840 | €25,840 | = |
| Profit (loss) carried forward14 | -€27,362 | -€34,744 | -€35,162 | -€35,795 | -€36,315 | ▼ 1.5% |
| Amounts payable17/49 | €55,569 | €10,408 | €14,932 | €10,819 | €11,352 | ▲ 4.9% |
| Amounts payable within one year42/48 | €55,569 | €10,408 | €14,932 | €10,819 | €11,352 | ▲ 4.9% |
| Financial debts43 | - | - | - | - | €142 | - |
| Credit institutions430/8 | - | - | - | - | €142 | - |
| Trade debts44 | €7,201 | €1,852 | €4,592 | €480 | €870 | ▲ 81.3% |
| Suppliers440/4 | - | - | €4,592 | €480 | €870 | ▲ 81.3% |
| Other amounts payable47/48 | - | - | €10,339 | €10,339 | €10,339 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,781 | -€7,382 | -€418 | -€633 | -€520 | ▲ 17.8% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - |
| Operating cash flow (approximation) | -€3,781 | -€7,382 | -€418 | -€633 | -€520 | ▲ 17.8% |
| Change in cash | - | -€2,156 | €829 | -€1,152 | -€10 | ▲ 99.1% |
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
2026
29-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 26-05-2026
2025
28-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 22-04-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet -€7,382
Net result drops to -€7,382, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Merksplas
Ground area
3,062 m²
Building footprint
265 m²
Volume, LiDAR
1,711 m³
Parcel 13023C0059/00H005, Flanders · tallest building 16.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023C0059/00H005 | Flanders | 3,062 m² | 1 · 265 m² | 16.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARK BRUURS ALPHENSEWEG 12, 2387 BAARLE-
HERTOG |
22-04-2025 → 26-05-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded28-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.