valueXstream
ActivevalueXstream has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €228k and a net result of €60k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 44% of 2820 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
83
/ 100
Excellent▲ +5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+42
Solvency69▼-31
Growth67▲+16
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 3.69 in 2023), but 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
18 d early
2021
1 d late
2020
23 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.33M▲ 1.8%
2023 · €1.30M
2018: €1.04M
2019: €1.36M
2020: €1.27M
2021: €1,000k
2022: €1.16M
2023: €1.30M
2018 → 2024
EBIT margin
6.3%▲ 3.9pp
2023 · 2.4%
2018: 4.0%
2019: 6.7%
2020: 6.2%
2021: 6.2%
2022: 6.5%
2023: 2.4%
2018 → 2024
Net result
€60k▲ 163%
2023 · €23k
2018: €26k
2019: €60k
2020: €53k
2021: €45k
2022: €53k
2023: €23k
2018 → 2024
Working capital
€238k▼ 44.8%
2023 · €431k
2018: €200k
2019: €261k
2020: €265k
2021: €335k
2022: €408k
2023: €431k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.27M-€1,000k▼ 21.0%€1.16M▲ 15.7%€1.30M▲ 12.6%€1.33M▲ 1.8%
Equity€265k-€310k▲ 16.9%€363k▲ 16.9%€385k▲ 6.2%€228k▼ 40.8%
Operating result€78k-€62k▼ 20.7%€75k▲ 21.5%€31k▼ 58.5%€84k▲ 170%
Net result€53k-€45k▼ 16.4%€53k▲ 17.5%€23k▼ 56.9%€60k▲ 163%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 170% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €636k
Equity
€228k▼ 40.8%
Debt
€408k▲ 98.0%
The debt ratio rises from 34.9% to 64.2%: debt grows while equity shrinks.
Key figures and ratios
Solvency
35.8%▼
2023 · 65.1%
Current ratio
1.60▼
2023 · 3.69
Quick ratio
1.60▼
2023 · 3.69
Debt / equity
1.79▲
2023 · 0.53
ROE
26.2%▲
2023 · 5.9%
ROA
9.4%▲
2023 · 3.8%
Debt
€408k▲
2023 · €206k
Debt ≤ 1 year
€398k▲
2023 · €160k
Income taxes
€25k▲
2023 · €12k
Staff costs
€152k▲
2023 · €137k
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 2023
Balance sheet
Code20232024
Assets
Total assets20/58€591k€636k▲
Fixed assets21/28€125€0▼
Financial fixed assets28€125€0▼
Current assets29/58€591k€636k▲
Amounts receivable within one year40/41€410k€224k▼
Trade receivables40€324k€213k▼
Other amounts receivable41€86k€10k▼
Cash at bank and in hand54/58€181k€410k▲
Deferred charges and accrued income490/1€324€3k▲
Equity and liabilities
Total equity and liabilities10/49€591k€636k▲
Equity10/15€385k€228k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€275k€118k▼
Amounts payable17/49€206k€408k▲
Amounts payable within one year42/48€160k€398k▲
Trade debts44€127k€149k▲
Suppliers440/4€127k€149k▲
Taxes, remuneration and social security45€34k€32k▼
Taxes450/3€21k€10k▼
Remuneration and social security454/9€12k€22k▲
Other amounts payable47/48-€217k
Accrued charges and deferred income492/3€46k€10k▼
Income statement
Code20232024
Turnover70€1.30M€1.33M▲
Goods, raw materials, services and sundry goods60/61€1.14M€1.12M▼
Remuneration, social security and pensions62€137k€152k▲
Other operating charges640/8€596€913▲
Gross operating margin9900€168k€237k▲
Operating profit (loss)9901€31k€84k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€337€2k▲
Recurring financial charges65€337€2k▲
Profit (loss) for the period before taxes9903€35k€84k▲
Income taxes67/77€12k€25k▲
Profit (loss) for the period9904€23k€60k▲
Profit (loss) for the period to be appropriated9905€23k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€275k€335k▲
Profit (loss) brought forward from the previous period14P€253k€275k▲
Profit to be distributed694/7-€217k
Return on contributions (dividend)694-€217k
Social balance
Average headcount (FTE)90872.02.3▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €23k ▼56.9%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
06-05
State Gazette act
General meeting · Power of attorney
Permanent representative
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €60k ▲132%
Operating result €91k, net result €60k, both a record.
18-07
State Gazette act
Board meeting · Power of attorney
Permanent representative
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-09-2024
Gumption: Resigned as Director
22-05-2024
Kappa Management: Resigned as Director
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2015
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.
Satenrozen 102550 KontichGround area
4,007 m²
Building footprint
1,313 m²
Volume, LiDAR
5,663 m³
Parcel 11024G0018/00L000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
valueXstream
since 20152.248.889.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0018/00L000 | Flanders | 4,007 m² | 1 · 1,313 m² | 6.1 m · 1 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.
Similar companies · same sector, comparable size
SENSE FINANCE
BE 0542.605.429
Jabbeke · Eq €228k
Scotia
BE 0739.948.068
Tervuren · Eq €228k
IT LINE
BE 0466.413.414
Elsene · Eq €228k
BRAUN LTD
BE 0791.394.888
Brussel · Eq €228k
Go For Cloud
BE 0715.445.472
Zonhoven · Eq €228k
Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 14,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.