VALUPEX
ActiveSummary
VALUPEX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,000 and a net result of €106,959. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency28▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.1%
Return on assets
67.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
15 d early
2022
6 d early
2021
13 d early
2020
3 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€5,000▼ 54.2%
2024 · €10,910
Total assets
€159,216▲ 16.5%
2024 · €136,642
Net result
€106,959▲ 3.8%
2024 · €103,074
Working capital
-€3,276▲ 33.8%
2024 · -€4,945
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€84,888▲ 71.4%€110,005▲ 29.6%€111,697▲ 1.5%€135,609▲ 21.4%€138,034▲ 1.8%
Net result€67,262above the sector's middle half▲ 69.5%€85,910above the sector's middle half▲ 27.7%€86,155above the sector's middle half▲ 0.3%€103,074above the sector's middle half▲ 19.6%€106,959above the sector's middle half▲ 3.8%
Equity€110,082within the sector's middle half▲ 157%€90,910within the sector's middle half▼ 17.4%€10,910below the sector's middle half▼ 88.0%€10,910below the sector's middle half=€5,000below the sector's middle half▼ 54.2%
Total assets€138,054within the sector's middle half▲ 109%€126,380within the sector's middle half▼ 8.5%€136,440within the sector's middle half▲ 8.0%€136,642within the sector's middle half▲ 0.1%€159,216within the sector's middle half▲ 16.5%
Debt€27,972▲ 20.2%€35,470▲ 26.8%€125,530▲ 254%€125,732▲ 0.2%€154,216▲ 22.7%
Working capital€98,281within the sector's middle half▲ 230%€68,053within the sector's middle half▼ 30.8%-€9,515below the sector's middle half-€4,945below the sector's middle half▲ 48.0%-€3,276below the sector's middle half▲ 33.8%
Solvency79.7%above the sector's middle half▲ 14.9pp71.9%within the sector's middle half▼ 7.8pp8.0%below the sector's middle half▼ 63.9pp8.0%below the sector's middle half=3.1%below the sector's middle half▼ 4.8pp
Current ratio4.51above the sector's middle half▲ 2.232.92within the sector's middle half▼ 1.590.92below the sector's middle half▼ 1.990.96below the sector's middle half▲ 0.040.98below the sector's middle half▲ 0.02
Return on assets (ROA)48.7%above the sector's middle half▼ 11.3pp68.0%above the sector's middle half▲ 19.3pp63.1%above the sector's middle half▼ 4.8pp75.4%above the sector's middle half▲ 12.3pp67.2%above the sector's middle half▼ 8.3pp
Staff (FTE)11=1=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159,216
Fixed assets
€8,276 ▼ 47.8%
Current assets
€150,941 ▲ 25.0%
Equity and liabilities €159,216
Equity
€5,000 ▼ 54.2%
Debt
€154,216 ▲ 22.7%
Debt's share of the balance-sheet total rises from 92.0% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€138,937▼
2024 · €140,179
Cash flow
€107,862▲
2024 · €107,644
Debt to equity
30.84▲
2024 · 11.52
Interest coverage
118.57▲
2024 · 109.36
Debt ≤ 1 year
€154,216▲
2024 · €125,732
Income taxes
€29,924▼
2024 · €31,256
Staff costs
€0▼
2024 · €51,007
A ratio outside any meaningful range has been withheld (balance sheet total €159,216, equity €5,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 2,153 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €8,945 | €52,701 | €51,007 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,096 | €903 | €4,479 | €4,570 | €903 | ▼ 80.2% |
| Other operating charges640/8 | €101 | €1,713 | €830 | €764 | €513 | ▼ 32.8% |
| Gross operating margin9900 | €88,085 | €121,566 | €169,707 | €191,950 | €139,450 | ▼ 27.4% |
| Operating profit (loss)9901 | €84,888 | €110,005 | €111,697 | €135,609 | €138,034 | ▲ 1.8% |
| Financial income75/76B | €135 | €0 | €1 | €2 | €20 | ▲ 817% |
| Recurring financial income75 | €135 | €0 | €1 | €2 | €20 | ▲ 817% |
| Financial charges65/66B | €288 | €233 | €1,484 | €1,282 | €1,172 | ▼ 8.6% |
| Recurring financial charges65 | €288 | €233 | €1,484 | €1,282 | €1,172 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €84,736 | €109,772 | €110,215 | €134,329 | €136,883 | ▲ 1.9% |
| Income taxes67/77 | €17,474 | €23,862 | €24,059 | €31,256 | €29,924 | ▼ 4.3% |
| Profit (loss) for the period9904 | €67,262 | €85,910 | €86,155 | €103,074 | €106,959 | ▲ 3.8% |
| Profit (loss) for the period to be appropriated9905 | €67,262 | €85,910 | €86,155 | €103,074 | €106,959 | ▲ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138,054 | €126,380 | €136,440 | €136,642 | €159,216 | ▲ 16.5% |
| Fixed assets21/28 | €11,800 | €22,857 | €20,424 | €15,854 | €8,276 | ▼ 47.8% |
| Tangible fixed assets22/27 | €11,800 | €22,857 | €20,424 | €15,854 | €8,276 | ▼ 47.8% |
| Furniture and vehicles24 | €10,205 | €21,426 | €17,224 | €13,023 | €1,732 | ▼ 86.7% |
| Other tangible fixed assets26 | €1,595 | €1,431 | €3,200 | €2,831 | €6,543 | ▲ 131% |
| Current assets29/58 | €126,253 | €103,523 | €116,015 | €120,787 | €150,941 | ▲ 25.0% |
| Amounts receivable within one year40/41 | €29,320 | €36,823 | €33,195 | €30,956 | €65,622 | ▲ 112% |
| Trade receivables40 | €16,310 | €34,686 | €28,117 | €25,878 | €65,546 | ▲ 153% |
| Other amounts receivable41 | €13,011 | €2,138 | €5,078 | €5,078 | €76 | ▼ 98.5% |
| Cash at bank and in hand54/58 | €95,651 | €51,641 | €72,585 | €83,470 | €82,485 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | €1,282 | €15,059 | €10,236 | €6,361 | €2,834 | ▼ 55.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138,054 | €126,380 | €136,440 | €136,642 | €159,216 | ▲ 16.5% |
| Equity10/15 | €110,082 | €90,910 | €10,910 | €10,910 | €5,000 | ▼ 54.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €105,082 | €85,910 | €5,910 | €5,910 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €105,082 | €85,910 | €5,910 | €5,910 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €27,972 | €35,470 | €125,530 | €125,732 | €154,216 | ▲ 22.7% |
| Amounts payable within one year42/48 | €27,972 | €35,470 | €125,530 | €125,732 | €154,216 | ▲ 22.7% |
| Trade debts44 | €3,830 | €1,473 | €321 | €2,126 | €2,607 | ▲ 22.7% |
| Suppliers440/4 | €3,830 | €1,473 | €321 | €2,126 | €2,607 | ▲ 22.7% |
| Taxes, remuneration and social security45 | €24,142 | €28,908 | €21,051 | €14,474 | €35,576 | ▲ 146% |
| Taxes450/3 | €24,142 | €27,761 | €14,364 | €14,474 | €35,576 | ▲ 146% |
| Remuneration and social security454/9 | - | €1,147 | €6,687 | €0 | - | - |
| Other amounts payable47/48 | €0 | €5,090 | €104,159 | €109,132 | €116,033 | ▲ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,262 | €85,910 | €86,155 | €103,074 | €106,959 | ▲ 3.8% |
| + Depreciation and write-downs630 | €3,096 | €903 | €4,479 | €4,570 | €903 | ▼ 80.2% |
| Operating cash flow (approximation) | €70,358 | €86,812 | €90,634 | €107,644 | €107,862 | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | -€11,959 | -€2,046 | €0 | €6,676 | - |
| Change in cash | - | -€44,010 | €20,944 | €10,886 | -€986 | ▼ 109% |
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
Next filing, fiscal year 2026, expected by
2026
21-09
State Gazette act
General meeting · Director resignation
Permanent representative · Director discharge
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €106,959 ▲3.8%
Operating result €138,034, net result €106,959, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €110,082 ▲157%
2 profitable years in a row build equity to €110,082.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €39,672
Net result €39,672 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Willebroek · 1 establishment unit since 2019
Ground area
283 m²
Building footprint
83 m²
Volume, LiDAR
2 m³
Parcel 12342B0591/00X003, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
VALUPEX
since 20192.297.472.714
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342B0591/00X003 | Flanders | 283 m² | 1 · 83 m² | 0.4 m |
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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 15,610 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739923621
Also
9925:BE0739923621
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.