VALUMAT
ActiveSummary
VALUMAT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.4m and a net result of -€2.4m. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 31% of 240 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 4 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.
- 2023 Net result -84% on 2022. Cause not known from the registers.
- 2022 Net result -58%, Total assets +50% on 2021. Cause not known from the registers.
Peer companies
Historical observationOf the 1,265 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 86% are still going.
- 5 to 10 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
- without size
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,265 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,784 | €9,784 | €9,784 | €9,784 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €9,956 | €325,478 | - | - |
| Other operating charges640/8 | - | €1,494 | €5,429 | €8,658 | ▲ 59.5% |
| Gross operating margin9900 | €4.1m | €1.8m | €503,566 | -€2.5m | ▼ 589% |
| Operating profit (loss)9901 | €4.1m | €1.8m | €162,875 | -€2.5m | ▼ 1,624% |
| Financial income75/76B | - | - | €165,120 | €95,443 | ▼ 42.2% |
| Recurring financial income75 | - | - | €165,120 | €95,443 | ▼ 42.2% |
| Financial charges65/66B | €6,799 | €17,274 | €305 | €12,031 | ▲ 3,839% |
| Recurring financial charges65 | €6,799 | €17,274 | €305 | €12,031 | ▲ 3,839% |
| Profit (loss) for the period before taxes9903 | €4.1m | €1.7m | €327,690 | -€2.4m | ▼ 832% |
| Income taxes67/77 | - | - | €49,536 | €23,351 | ▼ 52.9% |
| Profit (loss) for the period9904 | €4.1m | €1.7m | €278,154 | -€2.4m | ▼ 971% |
| Profit (loss) for the period to be appropriated9905 | €4.1m | €1.7m | €278,154 | -€2.4m | ▼ 971% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €8.2m | €12.3m | €15.1m | €14.1m | ▼ 6.6% |
| Formation expenses20 | €39,134 | €29,351 | €19,567 | €9,784 | ▼ 50.0% |
| Current assets29/58 | €8.2m | €12.3m | €15.0m | €14.1m | ▼ 6.6% |
| Amounts receivable within one year40/41 | €2.6m | €2.8m | €3.7m | €3.0m | ▼ 18.9% |
| Trade receivables40 | €2.6m | €1.9m | €2.5m | €2.5m | ▲ 2.1% |
| Other amounts receivable41 | €13,258 | €816,593 | €1.2m | €466,573 | ▼ 61.8% |
| Current investments50/53 | - | - | €4.2m | €9.4m | ▲ 126% |
| Cash at bank and in hand54/58 | €5.6m | €9.5m | €7.2m | €1.6m | ▼ 77.2% |
| Deferred charges and accrued income490/1 | €5,463 | €6,408 | €13,977 | €31,983 | ▲ 129% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €8.2m | €12.3m | €15.1m | €14.1m | ▼ 6.6% |
| Equity10/15 | €3.8m | €5.6m | €5.8m | €3.4m | ▼ 41.4% |
| Reserves13 | €3.8m | €5.6m | €5.8m | €3.4m | ▼ 41.4% |
| Amounts payable17/49 | €4.4m | €6.8m | €9.2m | €10.6m | ▲ 15.5% |
| Amounts payable within one year42/48 | €4.4m | €6.8m | €9.2m | €10.6m | ▲ 15.5% |
| Trade debts44 | €4.4m | €6.8m | €9.2m | €10.6m | ▲ 15.5% |
| Suppliers440/4 | €4.4m | €6.8m | €9.2m | €10.6m | ▲ 15.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4.1m | €1.7m | €278,154 | -€2.4m | ▼ 971% |
| + Depreciation and write-downs630 | €9,784 | €9,784 | €9,784 | €9,784 | = |
| Operating cash flow (approximation) | €4.1m | €1.7m | €287,938 | -€2.4m | ▼ 938% |
| Change in cash | - | €4.0m | -€2.4m | -€5.5m | ▼ 135% |
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
05-02
State Gazette act
Appointment: REVOR GROUP (director)Permanent representative: Gunther Hombecq3 facts ▸
- General meeting, 02-12-2025
- Director appointment, REVOR GROUP (director)
- Permanent representative, Gunther Hombecq
04-12
State Gazette act
Permanent representatives: Koen Maenhout, Magdalena Xenos and 2 othersResignations: Aquinos Bedding Belgium (director) and Deloitte bedrijfsrevisoren BV (statutory auditor) · Appointment: VGD bedrijfsrevisoren (statutory auditor)10 facts ▸
- General meeting, 24-06-2025
- Permanent representative, Koen Maenhout
- General meeting, 16-09-2025
- Director resignation, Aquinos Bedding Belgium (director)
- General meeting, 24-09-2025
- Director resignation, Deloitte bedrijfsrevisoren BV (statutory auditor)
- Director appointment, VGD bedrijfsrevisoren (statutory auditor)
- Permanent representative, Magdalena Xenos
- Permanent representative, Leopold Geert Geerkens
- Permanent representative, Tom De Baenst
20-09
State Gazette act
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Nico Houthaeve and Leopold Geert Geerkens · Appointment: BETER BED BV (director)5 facts ▸
- General meeting, 20-06-2024
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV
- Permanent representative, Nico Houthaeve
- Director appointment, BETER BED BV (director)
- Permanent representative, Leopold Geert Geerkens
15-07
State Gazette act
Permanent representatives: Leopold Geert Geerkens and STRADECCON BVPower of attorney10 facts ▸
- Board meeting, 20-03-2024
- Power of attorney, Xavier Lhoir
- Power of attorney, Lucas Wauters
- Power of attorney, Luc Van De Vondel
- Power of attorney, Frank Vanderpooten
- Power of attorney, Luc Van De Vondel
- Power of attorney, Esther Philips
- Permanent representative, Leopold Geert Geerkens
- Power of attorney, BETER BED BV
- Permanent representative, STRADECCON BV
12-02
State Gazette act
Resignation: VELDEMAN BEDDING NV (director)Appointment: BETER BED BV (director) · Permanent representative: STRADECCON BV4 facts ▸
- General meeting, 06-10-2023
- Director resignation, VELDEMAN BEDDING NV (director)
- Director appointment, BETER BED BV (director)
- Permanent representative, STRADECCON BV
22-08
State Gazette act
Reappointments: IKEA BELGIUM NV, VELDEMAN BEDDING NV and 6 othersPermanent representatives: Nathalie Van Edom, STRADECCON BV and 8 others19 facts ▸
- General meeting, 15-06-2023
- Director reappointment, IKEA BELGIUM NV (director)
- Permanent representative, Nathalie Van Edom
- Director reappointment, VELDEMAN BEDDING NV (director)
- Permanent representative, STRADECCON BV
- Permanent representative, Leopold Geert Geerkens
- Director reappointment, LS BEDDING NV (director)
- Permanent representative, Tom De Baenst
- Director reappointment, AQUINOS BEDDING BELGIUM BV (director)
- Permanent representative, Tom De Coene
- Director reappointment, NATIONALE BEROEPSVERENIGING VAN MEUBELHANDELAARS VZW (director)
- Permanent representative, Tom Steenhoudt
- +7 further facts in this act
12-04
State Gazette act
Resignation: Benjamin Werrebrouck (permanent representative)Appointment: Nathalie Van Edom (permanent representative) · Permanent representative: Léopold Geert Geerkens4 facts ▸
- General meeting, 31-01-2023
- Director resignation, Benjamin Werrebrouck (permanent representative)
- Director appointment, Nathalie Van Edom (permanent representative)
- Permanent representative, Léopold Geert Geerkens
12-04
State Gazette act
Statutes amendmentIncorporation · Mandate compensation · Power of attorney5 facts ▸
- General meeting, 31-01-2023
- Incorporation, Statuten goedgekeurd
- Mandate compensation, VALUMAT
- Power of attorney, STRADECCON BV
- Power of attorney, Léopold Geert Geerkens
Show earlier events
29-11
State Gazette act
Appointments: IKEA BELGIUM NV (director) and PHENIX RETAIL CVBA (director)Permanent representatives: Benjamin Werrebrouck, H2U COMM V and 3 others8 facts ▸
- General meeting, 15-10-2021
- Director appointment, IKEA BELGIUM NV (director)
- Permanent representative, Benjamin Werrebrouck
- Director appointment, PHENIX RETAIL CVBA (director)
- Permanent representative, H2U COMM V
- Permanent representative, Wim Herman
- Permanent representative, STRADECCON BV
- Permanent representative, Léopold Geert Geerkens
05-02
State Gazette act
Permanent representatives: Léopold Geert Geerkens and STRADECCON BVPower of attorney7 facts ▸
- Board meeting, 15-01-2021
- Power of attorney, Frank Vanderpooten
- Power of attorney, Luc Van de Vondel
- Power of attorney, Michiel Van den plas
- Power of attorney, Francis Huysman
- Permanent representative, Léopold Geert Geerkens
- Permanent representative, STRADECCON BV
18-12
State Gazette act
Reappointment: VELDEMAN BEDDING NV (director)Permanent representatives: Léopold Geert Geerkens and STRADECCON BV4 facts ▸
- General meeting, 26-06-2020
- Director reappointment, VELDEMAN BEDDING NV (director)
- Permanent representative, Léopold Geert Geerkens
- Permanent representative, STRADECCON BV
06-08
State Gazette act
Appointments: Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor) and Bart Haelterman (director)Resignation: Erwin Vermeulen (director) · Permanent representative: Léopold Geert Geerkens · Approval8 facts ▸
- General meeting, 20-06-2019
- Auditor appointment, Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor)
- Approval, financieel resultaat, 2017-2018
- Director discharge, VALUMAT
- Director resignation, Erwin Vermeulen (director)
- Director appointment, Bart Haelterman (director)
- Approval, budget, 2019
- Permanent representative, Léopold Geert Geerkens
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 13 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 11
Show all 11 directors
1 not recently confirmed
Permanent representatives 9
Show all 9 representatives
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307E0191/00F003 | Brussels | 3,164 m² | 1 · 1,457 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Permanent representative
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| IKEA BELGIUM |
|
| Phenix Retail |
|
| Aquinos Bedding Belgium |
|
| FEDERATION BELGE DU COMMERCE ET DES SERVICES |
|
| Fedustria |
|
| Interieur Unie |
|
| LS BEDDING |
|
| BELGISCHE FEDERATIE VAN DE HANDEL EN DIENSTEN VZWfrom an act |
|
| NATIONALE BEROEPSVERENIGING VAN MEUBELHANDELAARS VZWfrom an act |
|
| Beter Bed BV |
|
| REVOR GROUP |
|
| Nathalie Van Edom |
|
| VGD Bedrijfsrevisoren |
|
| Bart Haelterman |
|
| Aquinos Bedding Belgium |
|
| Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA |
|
| VELDEMAN BEDDING |
|
| Benjamin Werrebrouck |
|
| Erwin Vermeulen |
|
Articles of association
Full purpose
L'Association a pour but désintéressé, tant en Belgique qu'à l'étranger, de défendre les intérêts de ses membres et adhérents, pour autant que ces intérêts aient trait à l'organisation et à l'exécution des obligations qui résultent de mesures concernant les matelas (usagés) et les produits connexes, telles que prévues par les législations européenne, fédérale et régionale respectives, (par exemple, la responsabilité élargie du producteur), par les conventions environnementales pertinentes y relatives, par d'autres contrats et/ou accords, et par les développements futurs y relatifs.
Structure & network
Connections & network
6 connected companiesShow 2 more companies with a shared director
Recognitions · licences · registrations
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Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.