Equity
VALUESELLING paid out €196,948 in dividends. That is 1,734% of the 2025 profit.
The dashed line is the sector median: 0.1% across 722 companies (NACE 73, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, small). It does better than 87% of them on solvency, 71% on liquidity, 33% on profitability and 19% 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 31-12-2025.
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).
In July 2024, 6,049 companies had the same profile as VALUESELLING has now. Each dot stands for 16 companies, two years later.
That fits the bankruptcy probability of VALUESELLING itself: < 0.1% within 12 months.
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 6,049 companies, not a prediction for VALUESELLING. 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.
Liquidity is ample, with a current ratio of 18.52 (21.82 in 2024), above the usual 1.5. Short-term debt is 4.7% and cash 6.5% of total assets. 10.6% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VALUESELLING Riemst | €2.0m | €25,711 | 89.4% | - |
| FIMAPE Pecq | €2.4m | €23,267 | 79.1% | - |
| LACROIX MANAGEMENT Maasmechelen | €1.4m | €21,136 | 87.1% | - |
| Pascal Laffineur Perwez | €1.5m | €27,558 | 58.3% | - |
| AA+ Waterloo | €1.8m | €25,769 | 42.9% | - |
| FUDEVI Uccle | €2.0m | €18,859 | 35.1% | - |
| YU Fine Arts Sint-Gillis (bij-Brussel) | €2.3m | €40,095 | 4.9% | - |
These companies have the same main activity as VALUESELLING: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €1.4m and €2.4m, founded between 2004 and 2013.
VALUESELLING files the micro format. That format states no turnover. The gross margin fell from €36,000 in 2010 to €25,711 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €68,000. Estimated: probably between €48,000 and €91,000.
Higher than 88% of 8,611 companies in 2025.
Higher than 95% of 8,288 companies in 2025.
Higher than 27% of 8,397 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
2.0m | 2.3m | 2.5m | 757,820 | 622,745 | 272,925 | 235,670 | 213,441 | 200,490 | 216,019 | 81,342 | 75,667 | 70,593 | 63,701 | 59,242 | 58,068 | |
21/28 |
279,692 | 321,203 | 354,080 | 454,282 | 452,534 | 181,192 | 180,334 | 181,033 | 182,171 | 183,308 | 3,813 | 3,196 | 2,886 | 4,275 | 14,067 | 22,051 | |
21 |
271,926 | 310,426 | 348,926 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
7,766 | 10,777 | 5,154 | 4,282 | 2,534 | 1,192 | 334 | 1,033 | 2,171 | 3,308 | 3,813 | 3,196 | 2,886 | 4,275 | 14,067 | 22,051 | |
23 |
- | - | - | 394 | 793 | 1,192 | - | - | 439 | 878 | 684 | 1,192 | 352 | 1,171 | 1,512 | 1,613 | |
24 |
7,766 | 10,777 | 5,154 | 3,888 | 1,741 | - | - | - | - | - | - | - | 197 | 432 | 9,549 | 20,438 | |
26 |
- | - | - | - | - | - | 334 | 1,033 | 1,731 | 2,430 | 3,129 | 2,004 | 2,338 | 2,672 | 3,006 | - | |
28 |
- | - | - | 450,000 | 450,000 | 180,000 | 180,000 | 180,000 | 180,000 | 180,000 | - | - | - | - | - | - | |
29/58 |
1.7m | 1.9m | 2.2m | 303,538 | 170,210 | 91,733 | 55,336 | 32,408 | 18,319 | 32,711 | 77,529 | 72,471 | 67,707 | 59,425 | 45,176 | 36,018 | |
29 |
817,500 | 917,500 | 62,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
817,500 | 917,500 | 62,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
38,083 | 45,792 | 45,219 | 22,536 | 19,561 | 20,503 | 1,727 | 2,334 | - | - | 18,626 | 20,064 | 15,524 | 35,220 | 15,458 | 3,149 | |
40 |
29,683 | 40,008 | 45,218 | 22,536 | 19,561 | 20,503 | 1,727 | 398 | - | - | 16,617 | 19,702 | 15,162 | 35,220 | 15,458 | 1,999 | |
41 |
8,400 | 5,784 | 1 | - | - | - | - | 1,936 | - | - | 2,009 | 361 | 361 | - | - | 1,149 | |
50/53 |
712,744 | 793,244 | 1.3m | 65,744 | 35,607 | 19,600 | - | - | - | - | 58,193 | - | - | - | - | - | |
54/58 |
131,061 | 186,579 | 776,534 | 213,793 | 113,217 | 50,251 | 51,187 | 28,548 | 18,319 | 32,711 | - | 50,345 | 50,447 | 22,204 | 28,829 | 31,786 | |
490/1 |
33,599 | 6,355 | 1,959 | 1,465 | 1,826 | 1,379 | 2,422 | 1,526 | - | - | 710 | 2,062 | 1,737 | 2,001 | 889 | 1,083 | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
2.0m | 2.3m | 2.5m | 757,820 | 622,745 | 272,925 | 235,670 | 213,441 | 200,490 | 216,019 | 81,342 | 75,667 | 70,593 | 63,701 | 59,242 | 58,068 | |
10/15 |
1.8m | 2.0m | 2.0m | 693,483 | 563,183 | 202,999 | 146,966 | 104,235 | 73,257 | 59,354 | 64,157 | 53,648 | 47,337 | 25,876 | 20,318 | 21,548 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
12 |
- | - | - | 270,000 | 270,000 | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1.8m | 2.0m | 1.9m | 411,083 | 280,783 | 190,599 | 134,566 | 91,835 | 60,857 | 46,954 | 51,757 | 41,248 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
1.8m | 2.0m | 1.9m | 409,223 | 278,923 | 188,739 | 132,706 | 89,975 | 58,997 | 45,094 | 49,897 | 39,388 | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | - | - | - | 33,077 | 11,616 | 6,058 | 7,288 | |
17/49 |
212,519 | 284,924 | 552,443 | 64,337 | 59,561 | 69,926 | 88,704 | 109,206 | 127,233 | 156,665 | 17,185 | 22,019 | 23,256 | 37,825 | 38,925 | 36,520 | |
17 |
118,923 | 194,573 | 269,518 | - | 6,856 | 27,157 | 47,066 | 66,589 | 85,735 | 104,511 | - | - | - | - | - | 3,539 | |
170/4 |
60,173 | 77,073 | 93,268 | - | 6,856 | 27,157 | 47,066 | 66,589 | 85,735 | 104,511 | - | - | - | - | - | 3,539 | |
175 |
58,750 | 117,500 | 176,250 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
93,596 | 89,358 | 282,925 | 63,187 | 51,358 | 41,769 | 40,638 | 41,616 | 40,498 | 50,695 | 15,406 | 19,791 | 20,979 | 35,133 | 36,901 | 30,931 | |
42 |
75,650 | 74,945 | 15,519 | 6,856 | 20,301 | 19,909 | 19,524 | 19,146 | 18,776 | 18,412 | - | - | - | - | 3,539 | 3,398 | |
44 |
5,600 | 6,905 | 106,066 | 7,217 | 4,492 | 5,975 | 7,215 | 14,508 | 4,414 | 6,648 | 4,426 | 9,802 | 3,051 | 5,982 | 11,194 | 5,340 | |
440/4 |
5,600 | 6,905 | 106,066 | 7,217 | 4,492 | 5,975 | 7,215 | 14,508 | 4,414 | 6,648 | 4,426 | 9,802 | 3,051 | 5,982 | 11,194 | 5,340 | |
46 |
- | - | - | - | - | - | - | - | 2,003 | 14,621 | - | - | - | - | - | - | |
45 |
10,477 | 5,598 | 158,727 | 46,278 | 24,091 | 14,342 | 12,059 | 5,982 | 12,406 | 8,467 | 10,980 | 9,940 | 6,255 | 16,506 | 9,968 | 5,817 | |
450/3 |
10,477 | 5,598 | 158,727 | 43,513 | 21,260 | 14,342 | 12,059 | 5,982 | 12,406 | 6,257 | 10,980 | 9,940 | 6,255 | 13,693 | 9,968 | 5,817 | |
454/9 |
- | - | - | 2,765 | 2,831 | - | - | - | - | 2,210 | - | - | - | 2,813 | - | - | |
47/48 |
1,869 | 1,910 | 2,613 | 2,837 | 2,474 | 1,544 | 1,841 | 1,980 | 2,899 | 2,547 | - | 49 | 11,674 | 12,645 | 12,200 | 16,375 | |
492/3 |
- | 993 | - | 1,150 | 1,348 | 1,000 | 1,000 | 1,000 | 1,000 | 1,460 | 1,779 | 2,227 | 2,277 | 2,692 | 2,023 | 2,050 | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,103 | - | 41 | |
9900 |
25,711 | 80,001 | 12,769 | 212,542 | 134,841 | 90,568 | 93,562 | 57,889 | 32,846 | 10,580 | 19,330 | 14,157 | 34,629 | 9,669 | 16,361 | 36,000 | |
630 |
41,511 | 40,630 | 37,843 | 1,139 | 435 | 339 | 699 | 1,138 | 1,138 | 1,559 | 1,207 | 1,391 | 1,389 | 1,966 | 12,727 | 13,993 | |
640/8 |
1,060 | 449 | 446 | 410 | 2,134 | 1,937 | 5,995 | 2,501 | 1,174 | 2,933 | 1,810 | 1,057 | 861 | 1,878 | 2,090 | 2,980 | |
9901 |
-16,861 | 38,922 | -25,520 | 210,993 | 132,272 | 88,291 | 86,868 | 54,250 | 30,534 | 6,088 | 16,313 | 11,709 | 32,379 | 5,826 | 1,545 | 19,027 | |
75/76B |
42,451 | 69,251 | 1.7m | 196 | 7 | - | 1 | - | 11 | 21 | 79 | 163 | 159 | 232 | 283 | 104 | |
75 |
42,451 | 69,251 | 1.7m | 196 | 7 | - | 1 | - | 11 | 21 | 79 | 163 | 159 | 232 | 283 | 104 | |
65/66B |
7,991 | 7,323 | 5,873 | 815 | 1,394 | 2,290 | 2,061 | 2,290 | 2,756 | 2,912 | 42 | 385 | 1,357 | 220 | 1,142 | 970 | |
65 |
7,991 | 7,323 | 5,873 | 815 | 1,394 | 2,290 | 2,061 | 2,290 | 2,756 | 2,912 | 42 | 385 | 1,357 | 220 | 1,142 | 970 | |
9903 |
17,599 | 100,851 | 1.7m | 210,375 | 130,885 | 86,002 | 84,808 | 51,961 | 27,790 | 3,197 | 16,350 | 11,487 | 31,181 | 8,941 | 686 | 18,202 | |
67/77 |
6,239 | 26,314 | 153,974 | 66,776 | 40,701 | 29,968 | 34,077 | 20,982 | 13,887 | 3,000 | 5,841 | 5,175 | 9,720 | 3,382 | 1,917 | 5,553 | |
9904 |
11,360 | 74,536 | 1.5m | 143,599 | 90,184 | 56,033 | 50,731 | 30,978 | 13,903 | 197 | 10,509 | 6,311 | 21,461 | 5,558 | -1,231 | 12,648 | |
9905 |
11,360 | 74,536 | 1.5m | 143,599 | 90,184 | 56,033 | 50,731 | 30,978 | 13,903 | 197 | 10,509 | 6,311 | 21,461 | 5,558 | -1,231 | 12,648 | |
| Appropriation of the result | |||||||||||||||||
9906 |
11,360 | 74,536 | 1.5m | 143,599 | 90,184 | 56,033 | 50,731 | 30,978 | 13,903 | 197 | 10,509 | 39,388 | 33,077 | 11,616 | 6,058 | 12,648 | |
791/2 |
196,948 | 44,881 | - | 13,300 | - | - | 8,000 | - | - | 5,000 | - | - | - | - | - | - | |
691/2 |
11,360 | 74,536 | 1.5m | 143,599 | 90,184 | 56,033 | 50,731 | 30,978 | 13,903 | 197 | 10,509 | 39,388 | - | - | - | 1,860 | |
6920 |
- | - | - | 143,599 | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
11,360 | 74,536 | 1.5m | - | 90,184 | 56,033 | 50,731 | 30,978 | 13,903 | 197 | 10,509 | 39,388 | - | - | - | - | |
694/7 |
196,948 | 44,881 | - | 13,300 | - | - | 8,000 | - | - | 5,000 | - | - | - | - | - | 3,500 | |
694 |
196,948 | 44,881 | - | 13,300 | - | - | 8,000 | - | - | 5,000 | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,500 | |
| Document | |||||||||||||||||
The notes to these accounts have 9 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 2025 (PDF), filed on 31-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-03-2026 | 2026-00067733 | |
| 31-12-2024 | micro format | 23-05-2025 | 2025-00103892 | |
| 31-12-2023 | micro format | 22-05-2024 | 2024-00094441 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00265211 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20179618 | |
| 31-12-2020 | abbreviated format | 07-07-2021 | 2021-31600403 | |
| 31-12-2019 | abbreviated format | 25-07-2020 | 2020-35200292 | |
| 31-12-2018 | abbreviated format | 15-07-2019 | 2019-32200391 | |
| 31-12-2017 | abbreviated format | 19-07-2018 | 2018-34400490 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-37700574 | |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-36700183 | |
| 31-12-2014 | abbreviated format | 06-08-2015 | 2015-40300158 | |
| 31-12-2013 | abbreviated format | 11-07-2014 | 2014-29300455 | |
| 31-12-2012 | abbreviated format | 02-07-2013 | 2013-25600391 | |
| 31-12-2011 | abbreviated format | 10-07-2012 | 2012-28100075 | |
| 31-12-2010 | abbreviated format | 28-06-2011 | 2011-21500485 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,650 | 79,552 | 12,323 | 212,133 | 132,707 | 88,631 | 87,567 | 55,388 | 31,672 | 7,647 | 17,520 | 13,100 | 33,768 | 7,792 | 14,272 | 33,020 | ||
| 52,871 | 115,166 | 1.6m | 144,739 | 90,619 | 56,373 | 51,430 | 32,116 | 15,041 | 1,756 | 11,716 | 7,702 | 22,851 | 7,524 | 11,496 | 26,641 | ||
| 0 | 7,753 | 387,638 | 2,887 | 1,777 | 1,198 | 0 | 0 | 0 | 181,055 | 1,824 | 1,701 | 0 | 1,056 | 4,742 | 36,044 | ||
| -55,518 | -589,955 | 562,741 | 100,576 | 62,966 | -937 | 22,639 | 10,229 | -14,392 | - | - | -102 | 28,243 | -6,625 | -2,957 | - | ||
| 1.6m | 1.9m | 1.9m | 240,351 | 118,852 | 49,964 | 14,698 | -9,208 | -22,178 | -17,984 | 62,123 | 52,680 | 46,728 | 24,292 | 8,274 | 5,087 | ||
| 89.4% | 87.5% | 78.0% | 91.5% | 90.4% | 74.4% | 62.4% | 48.8% | 36.5% | 27.5% | 78.9% | 70.9% | 67.1% | 40.6% | 34.3% | 37.1% | ||
| 18.52 | 21.82 | 7.61 | 4.80 | 3.31 | 2.20 | 1.36 | 0.78 | 0.45 | 0.65 | 5.03 | 3.66 | 3.23 | 1.69 | 1.22 | 1.16 | ||
| 0.12 | 0.14 | 0.28 | 0.09 | 0.11 | 0.34 | 0.60 | 1.05 | 1.74 | 2.64 | 0.27 | 0.41 | 0.49 | 1.46 | 1.92 | 1.69 | ||
| 0.6% | 3.8% | 78.4% | 20.7% | 16.0% | 27.6% | 34.5% | 29.7% | 19.0% | 0.3% | 16.4% | 11.8% | 45.3% | 21.5% | -6.1% | 58.7% | ||
| 0.6% | 3.3% | 61.1% | 18.9% | 14.5% | 20.5% | 21.5% | 14.5% | 6.9% | 0.1% | 12.9% | 8.3% | 30.4% | 8.7% | -2.1% | 21.8% | ||
| 3.08 | 10.86 | 2.10 | over 100 | 95.19 | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Pledge on other assets, amount secured | - | - | - | €180,000 | €180,000 |
| Carrying value of the other pledged assets | - | - | - | €450,000 | €450,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €7,753 | €2,638 | €2,887 | €1,777 |
| Intangible fixed assets | - | - | €385,000 | - | - |
| €41,511 | €40,630 | €37,843 | €1,139 | €435 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €16,861, after a profit of €38,922 in 2024.
Debt's share of the balance-sheet total falls from 12.5% to 10.6%. Equity and debt are lower.
Source: list of holdings in its own 2022 accounts. Every holding stands with its own latest accounts.
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
| Name | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| PROVAN GROUP | 10% | ||||||
Source: list of holdings in its own accounts
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| OBOX registered office Merestraat 7, 3770 Riemst 7020001 Business and other management consultancy | 30-10-2009 | 2.182.826.137 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73086B0028/00K000 | 1,384 m² | 1 · 117 m² | 9.0 m · 2 |
If something looks wrong or is missing, please tell us.