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VALVAN

Active
Public limited companyfounded 199729 yrs activeKrommebeekstraat 14, 8930 Menen, BelgiumKBO/BCE: BE 0460.789.392
Summary

VALVAN has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.42M and a net result of €2.48M. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
58 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-4
Solvency44▼-1
Growth58▲+5
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.22 in 2024; short-term debt: 79.8% and cash: 0.1% of total assets), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
19.1%
Return on assets
6.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 311 sector peers (2025).
NBB · sector comparison
Position among 311 sector peers
Solvency
better than 20%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €7.42M
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
on the day
2023
on the day
2022
50 d late
2021
4 d early
2020
23 d early
2019
44 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€44.53M▲ 37.5%
2024 · €32.37M
2019: €27.96M 2020: €31.56M 2021: €21.16M 2022: €29.08M 2023: €33.24M 2024: €32.37M
2019 → 2025
EBIT margin
6.7%▼ 1.8pp
2024 · 8.5%
2019: 1.7% 2020: 1.2% 2021: 12.3% 2022: 8.8% 2023: 3.4% 2024: 8.5%
2019 → 2025
Net result
€2.48M▼ 2.2%
2024 · €2.53M
2019: €474k 2020: €364k 2021: €2.03M 2022: €1.93M 2023: €813k 2024: €2.53M
2019 → 2025
Working capital
€6.04M▲ 29.8%
2024 · €4.66M
2019: €7.96M 2020: €8.20M 2021: €9.86M 2022: €3.95M 2023: €3.37M 2024: €4.66M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€21.16M-€29.08M▲ 37.4%€33.24M▲ 14.3%€32.37M▼ 2.6%€44.53M▲ 37.5%
Equity€12.14M-€3.77M▼ 68.9%€3.13M▼ 17.1%€5.30M▲ 69.4%€7.42M▲ 40.1%
Operating result€2.61M-€2.55M▼ 2.3%€1.12M▼ 56.2%€2.76M▲ 147%€2.99M▲ 8.5%
Net result€2.03M-€1.93M▼ 4.8%€813k▼ 57.9%€2.53M▲ 211%€2.48M▼ 2.2%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2021: €2.61M€2.61MNet result 2021: €2.03M€2.03MOperating result 2022: €2.55M€2.55MNet result 2022: €1.93M€1.93MOperating result 2023: €1.12M€1.12MNet result 2023: €813k€813kOperating result 2024: €2.76M€2.76MNet result 2024: €2.53M€2.53MOperating result 2025: €2.99M€2.99MNet result 2025: €2.48M€2.48M20212022202320242025€0€1M€2M€3MOperating result 2023: €1.12M€1.1MNet result 2023: €813k€813kOperating result 2024: €2.76M€2.8MNet result 2024: €2.53M€2.5MOperating result 2025: €2.99M€3MNet result 2025: €2.48M€2.5M202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.97M
Fixed assets €1.85M ▲ 62.5%
Current assets €37.12M ▲ 44.1%
Equity and liabilities €38.97M
Equity €7.42M ▲ 40.1%
Provisions €451k ▲ 27.1%
Debt €31.09M ▲ 46.3%
Debt's share of the balance-sheet total rises from 79.0% to 79.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.70M
2024 · €3.09M
Cash flow
€3.18M
2024 · €2.87M
Current ratio
1.19
2024 · 1.22
Quick ratio
0.60
2024 · 0.65
Debt to equity
4.19
2024 · 4.01
ROE
33.3%
2024 · 47.8%
ROA
6.4%
2024 · 9.4%
Interest coverage
73.61
2024 · 71.01
Debt ≤ 1 year
€31.08M
2024 · €21.12M
Income taxes
€671k
2024 · €493k
Staff costs
€12.40M
2024 · €7.51M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 86 lines
Balance sheet Code20242025
Assets
Total assets20/58€26.91M€38.97M
Fixed assets21/28€1.14M€1.85M
Intangible fixed assets21€4k€0
Tangible fixed assets22/27€1.12M€1.83M
Land and buildings22€261k€0
Plant, machinery and equipment23€286k€865k
Furniture and vehicles24€571k€968k
Financial fixed assets28€12k€12k=
Other financial fixed assets284/8€12k€12k=
Shares284€5k€5k=
Amounts receivable and cash guarantees285/8€7k€7k=
Current assets29/58€25.77M€37.12M
Stocks and contracts in progress3€12.11M€18.34M
Stocks30/36€1.94M€2.00M
Raw materials and consumables30/31€1.94M€2.00M
Contracts in progress37€10.17M€16.33M
Amounts receivable within one year40/41€13.20M€18.66M
Trade receivables40€5.06M€9.29M
Other amounts receivable41€8.14M€9.37M
Cash at bank and in hand54/58€80k€20k
Deferred charges and accrued income490/1€375k€108k
Equity and liabilities
Total equity and liabilities10/49€26.91M€38.97M
Equity10/15€5.30M€7.42M
Contributions10/11€133k€133k=
Capital10€133k€133k=
Issued capital100€133k€133k=
Reserves13€5.17M€7.29M
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€4.77M€4.15M
Distributable reserves133€386k€3.12M
Provisions and deferred taxes16€355k€451k
Provisions for liabilities and charges160/5€355k€451k
Other liabilities and charges164/5€355k€451k
Amounts payable17/49€21.25M€31.09M
Amounts payable within one year42/48€21.12M€31.08M
Trade debts44€4.96M€3.01M
Suppliers440/4€4.96M€3.01M
Advances received on contracts in progress46€14.46M€26.53M
Taxes, remuneration and social security45€1.34M€1.42M
Taxes450/3€34k€57k
Remuneration and social security454/9€1.31M€1.36M
Other amounts payable47/48€360k€125k
Accrued charges and deferred income492/3€137k€13k
Income statement Code20242025
Operating income70/76A€30.91M€47.49M
Turnover70€32.37M€44.53M
Change in stocks of work in progress, finished goods and contracts in progress71€-2.82M€1.36M
Other operating income74€1.36M€1.59M
Non-recurring operating income76A-€14k
Operating charges60/66A€28.16M€44.50M
Goods for resale, raw materials and consumables60€14.85M€22.21M
Purchases600/8€14.74M€22.30M
Change in stocks: decrease (increase)609€108k€-88k
Services and other goods61€5.36M€9.15M
Remuneration, social security and pensions62€7.51M€12.40M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€337k€704k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€58k
Provisions for liabilities and charges: additions (uses and reversals)635/8€85k€-72k
Other operating charges640/8€16k€34k
Non-recurring operating charges66A€926€13k
Operating profit (loss)9901€2.76M€2.99M
Financial income75/76B€337k€359k
Recurring financial income75€337k€319k
Income from current assets751€173k€278k
Other financial income752/9€164k€41k
Non-recurring financial income76B-€41k
Financial charges65/66B€70k€204k
Recurring financial charges65€70k€204k
Debt charges650€44k€50k
Other financial charges652/9€26k€154k
Profit (loss) for the period before taxes9903€3.02M€3.15M
Income taxes67/77€493k€671k
Taxes670/3€493k€671k
Profit (loss) for the period9904€2.53M€2.48M
Transfer from tax-exempt reserves789-€779k
Transfer to tax-exempt reserves689€1.86M€168k
Profit (loss) for the period to be appropriated9905€673k€3.09M
Appropriation of the result
Profit (loss) to be appropriated9906€673k€3.09M
Transfer from equity791/2€0€350k
From reserves792€0€350k
Transfer to equity691/2€313k€3.09M
To other reserves6921€313k€3.09M
Profit to be distributed694/7€360k€350k
Return on contributions (dividend)694€0€350k
Directors or managers695€360k€0
Social balance
Average headcount (FTE)908799.9113.8

The notes to these accounts (85 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
State Gazette act Appointment: MKE Solutions (director)
Permanent representative: Mikael Kesteloot3 facts ▸
  • General meeting, 14-11-2025
  • Director appointment, MKE Solutions (director)
  • Permanent representative, Mikael Kesteloot
30-10
State Gazette act Resignation: MOORE AUDIT (statutory auditor)
Appointment: RSM INTERAUDIT (statutory auditor) · Permanent representative: Jonas Uytterhaegen4 facts ▸
  • General meeting, 19-09-2025
  • Director resignation, MOORE AUDIT (statutory auditor)
  • Auditor appointment, RSM INTERAUDIT (statutory auditor)
  • Permanent representative, Jonas Uytterhaegen
29-08
State Gazette act Restructuring
Merger · Dissolution · Accounting effect12 facts ▸
  • General meeting, 27-06-2025
  • Merger, absorption, 01-07-2025
  • Dissolution, 01-07-2025
  • Accounting effect, 01-07-2025
  • Purpose change, Uitbreiding met activiteiten van de overgenomen vennootschap (o.a. sorteerinstallaties voor tweedehandskledij, meerwaardeneconomie)
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, VALVAN
  • No new shares, Geen nieuwe aandelen uitgegeven in de overnemende vennootschap (toepassing artikel 12:57 WVV) omdat de overnemende vennootschap houdster is van alle aandelen va…
  • Personnel transfer, Personeel van de overgenomen vennootschap overgenomen met bestaande rechten, plichten en anciënniteit
  • Securities preserved, Zekerheden en waarborgen verbonden aan de door de overgenomen vennootschap opgenomen verbintenissen blijven onverkort behouden
  • Officer change
21-05
State Gazette act Restructuring
Permanent representative: Frank Vandeputte · Merger · Accounting effect3 facts ▸
  • Merger, fusion by absorption
  • Accounting effect, 01/07/2025
  • Permanent representative, Frank Vandeputte
31-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial Highest result since 2019net €2.53M ▲211%
Net result €2.53M, the highest in the series.
30-06
Financial Equity above €5MEq €5.30M ▲69.4%
6 profitable years in a row build equity to €5.30M.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema
02-01
State Gazette act Resignation: CREATIVE LEAN CONSULT (director)
Permanent representatives: Rik Vanhoorne and Edward Vandeputte · Appointment: EDWARD VANDEPUTTE (director)5 facts ▸
  • General meeting, 11-07-2023
  • Director resignation, CREATIVE LEAN CONSULT (director)
  • Permanent representative, Rik Vanhoorne
  • Director appointment, EDWARD VANDEPUTTE (director)
  • Permanent representative, Edward Vandeputte (permanent representative)
2023
12-05
State Gazette act Reappointment: MOORE AUDIT (statutory auditor)
Permanent representative: Liesbet Vandenabeele3 facts ▸
  • General meeting, 12-04-2023
  • Auditor reappointment, MOORE AUDIT
  • Permanent representative, Liesbet Vandenabeele
22-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 50 days late
Show earlier events
24-02
State Gazette act Appointment: MAURITS VANDEPUTTE (bijkomende bestuurder)
Permanent representatives: Maurits Vandputte, Peter Vandeputte and 3 others · Reappointments: VENCO, VALTECH and 2 others15 facts ▸
  • General meeting, 01-12-2022
  • Director appointment, MAURITS VANDEPUTTE (bijkomende bestuurder)
  • Permanent representative, Maurits Vandputte
  • Director reappointment, VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director reappointment, VALTECH (director)
  • Permanent representative, Frank Vandeputte
  • Director reappointment, VIDRO (director)
  • Permanent representative, Dieter Wittouck
  • Director reappointment, CREATIVE LEAN CONSULT (director)
  • Permanent representative, Rik Vanhoorne
  • Board meeting, 01-12-2022
  • +3 further facts in this act
2022
13-12
State Gazette act Benaming
Name change · Power of attorney4 facts ▸
  • General meeting, 24-11-2022
  • Name change, VALVAN
  • Power of attorney, de bestuurder
  • Power of attorney, Orinn Vijncke
02-08
State Gazette act Capital & shares · Statutes amendment · Restructuring
Demerger · Share issue · Accounting effect9 facts ▸
  • Demerger, 13-07-2022
  • Share issue, new shares, 1475690
  • Accounting effect, 01-01-2022
  • Capital decrease, €-367.129,49
  • Capital, €132.870,51
  • Statutes amendment
  • Inbreng in natura, 9940927.89, EUR
  • Split balance sheet date, 31-12-2021
  • Statutes amendment
29-04
State Gazette act Restructuring
Permanent representatives: Peter Vandeputte, Frank Vandeputte and 2 others · Merger · Share issue14 facts ▸
  • Merger, partieel splitsing door overneming
  • Permanent representative, Peter Vandeputte
  • Permanent representative, Frank Vandeputte
  • Permanent representative, Dieter Wittouck
  • Permanent representative, Rik Vanhoorne
  • Share issue, 1475690, uitreiking aan aandeelhouders van de partieel te splitsen vennootschap
  • Accounting effect, 01-01-2022
  • Net-asset statement, 31-12-2021
  • Real estate, MENEN - afdeling 2 - Sectienummer B - 0280NP0000. Een nijverheidsgrond met aanhorigheden, op en met grond gelegen te Krommebeekstraat 14, gekend volgens titel s…
  • Share consolidation, 12000
  • Number of shares, 520
  • Number of shares, 100
  • +2 further facts in this act
27-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
08-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
04-11
State Gazette act Appointment: CERTAM BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Liesbet Vandenabeele, VALTECH and Frank Vandeputte5 facts ▸
  • General meeting, 06-12-2019
  • Auditor appointment, CERTAM BEDRIJFSREVISOREN (statutory auditor)
  • Permanent representative, Liesbet Vandenabeele
  • Permanent representative, VALTECH
  • Permanent representative, Frank Vandeputte
30-06
Financial Weakest financial yearnet €364k ▼23.2%
Net result drops to €364k, the lowest in the series; recovery starts the following year.
2019
19-12
State Gazette act Resignations: THE COACHING LOOP (director) and VALTECH (chair of the board)
Permanent representatives: Frank Vandeputte, Peter Vandeputte and 2 others · Reappointments: VENCO, VALTECH and 2 others · Appointments: VENCO (chair of the board) and VIDRO (gedelegeerd bestuurder)17 facts ▸
  • General meeting, 01-11-2019
  • Director resignation, THE COACHING LOOP (director)
  • Permanent representative, Frank Vandeputte
  • Director reappointment, VENCO (director)
  • Permanent representative, Peter Vandeputte
  • Director reappointment, VALTECH (director)
  • Permanent representative, Frank Vandeputte
  • Director reappointment, VIDRO (director)
  • Permanent representative, Dieter Wittouck
  • Director reappointment, CREATIVE LEAN CONSULT (director)
  • Permanent representative, Rik Vanhoorne
  • Board meeting, 01-11-2019
  • +5 further facts in this act
18-12
NBB filing Annual accounts filed
fiscal year 2019 · full schema
29-05
State Gazette act Resignation: BELACASA (director)
Appointment: CREATIVE LEAN CONSULT (director) · Permanent representatives: Rik Vanhoorne and Franky Huys5 facts ▸
  • General meeting, 21-01-2019
  • Director resignation, BELACASA (director)
  • Director appointment, CREATIVE LEAN CONSULT (director)
  • Permanent representative, Rik Vanhoorne
  • Permanent representative, Franky Huys (permanent representative)
30-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-10
State Gazette act Appointment: Comm.V VIDRO (director)
Permanent representative: Dieter Wittouck3 facts ▸
  • General meeting, 20-08-2018
  • Director appointment, Comm.V VIDRO (director)
  • Permanent representative, Dieter Wittouck
26-01
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
25-10
State Gazette act Resignations & appointments
Resignations: VALTECH HOLDING & MANAGEMENT, Frank Vandeputte and Peter Vandeputte · Permanent representatives: Frank Vandeputte, THE COACHING LOOP and Peter Vandeputte · Appointments: VALTECH, VENCO and THE COACHING LOOP16 facts ▸
  • General meeting, 20/07/2017
  • Director resignation, VALTECH HOLDING & MANAGEMENT (director)
  • Permanent representative, Frank Vandeputte
  • Director resignation, Frank Vandeputte (director)
  • Director resignation, Peter Vandeputte (director)
  • Director appointment, VALTECH (director)
  • Permanent representative, THE COACHING LOOP (permanent representative)
  • Permanent representative, Frank Vandeputte (permanent representative)
  • Director appointment, VENCO (director)
  • Permanent representative, Peter Vandeputte (permanent representative)
  • Director appointment, THE COACHING LOOP (director)
  • Permanent representative, Frank Vandeputte (permanent representative)
  • +4 further facts in this act
07-06
State Gazette act Reappointment: BEDRIJFSREVISORENKANTOOR DUJARDIN (statutory auditor)
Permanent representative: Frank Vandeputte · Mandate term4 facts ▸
  • General meeting, 13/01/2017
  • Auditor reappointment, BEDRIJFSREVISORENKANTOOR DUJARDIN
  • Mandate term, einde na de gewone algemene vergadering over het boekjaar eindigend in 2019
  • Permanent representative, Frank Vandeputte
22-03
State Gazette act Appointment: BELACASA (director)
Permanent representative: Franky Huys3 facts ▸
  • General meeting, 30-12-2016
  • Director appointment, BELACASA (director)
  • Permanent representative, Franky Huys
31-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2015
07-10
State Gazette act Purpose · Statutes amendment
Purpose change · Statutes amendment4 facts ▸
  • General meeting, 14-09-2015
  • Purpose change, Toevoeging van: "Het bedrijf heeft een sociaal doel, m.n. het bevorderen van de maatschappelijke integratie van kwetsbare groepen in de samenleving. Zij doet di…
  • Statutes amendment
  • Statutes amendment
17-02
State Gazette act Reappointments: Frank Vandeputte, Peter Vandeputte and VALTECH HOLDING & MANAGEMENT
Permanent representative: Frank Vandeputte7 facts ▸
  • General meeting, 28-11-2014
  • Director reappointment, Frank Vandeputte (director)
  • Director reappointment, Peter Vandeputte (director)
  • Director reappointment, VALTECH HOLDING & MANAGEMENT (director)
  • Permanent representative, Frank Vandeputte
  • Board meeting, 28-11-2014
  • Director reappointment, VALTECH HOLDING & MANAGEMENT (gedelegeerd bestuurder en voorzitter van de raad van bestuur)
2014
25-02
State Gazette act Reappointment: BEDRIJFSREVISORENKANTOOR DUJARDIN (statutory auditor)
Permanent representative: Frank Vandeputte3 facts ▸
  • General meeting, 20-12-2013
  • Auditor reappointment, BEDRIJFSREVISORENKANTOOR DUJARDIN
  • Permanent representative, Frank Vandeputte
2012
06-02
State Gazette act Reappointment: PIET DUJARDIN BEDRIJFSREVISOREN (statutory auditor)
Permanent representative: Peter Vandeputte3 facts ▸
  • General meeting, 06-05-2011
  • Auditor reappointment, PIET DUJARDIN BEDRIJFSREVISOREN
  • Permanent representative, Peter Vandeputte
2010
26-07
State Gazette act Resignation: Valtech (director)
Appointment: Valtech Holding & Management (director) · Permanent representative: Frank Vandeputte · Director discharge10 facts ▸
  • General meeting, 30-04-2010
  • Director resignation, Valtech (director)
  • Director discharge, Valtech
  • Director appointment, Valtech Holding & Management (director)
  • Permanent representative, Frank Vandeputte
  • Board meeting, 30-04-2010
  • Director resignation, Valtech (gedelegeerd bestuurder en voorzitter van de raad van bestuur)
  • Director appointment, Valtech Holding & Management (gedelegeerd bestuurder en voorzitter van de raad van bestuur)
  • Ratification, bestuurder, 01-04-2010
  • Ratification, gedelegeerd-bestuurder en voorzitter van de raad van bestuur, 01-04-2010
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 directors, no change since 2025
MKE Solutions
Director · since 14-11-2025 · Private limited company · perm. rep.: Mikael Kesteloot
Current
Edward Vandeputte
Director · since 11-07-2023 · Private limited company
Current
MAURITS VANDEPUTTE
Bijkomende bestuurder · since 01-12-2022 · Private limited company · perm. rep.: Maurits Vandputte
Current
VALTECH
Director · since 01-12-2022 · Public limited company · perm. rep.: Frank Vandeputte
Current
Vidro
Director · since 20-08-2018 · Limited partnership · perm. rep.: Dieter Wittouck
Current
VENCO
Director · since 20-07-2017 · Public limited company · perm. rep.: Peter Vandeputte
Current
14-11-2025 MKE Solutions: Appointed as Director
29-09-2023 CREATIVE LEAN CONSULT: Resigned as Director
11-07-2023 Edward Vandeputte: Appointed as Director
01-12-2022 MAURITS VANDEPUTTE: Appointed as Bijkomende bestuurder
01-12-2022 VALTECH: Mandate renewed as Director
Full history in the Timeline (29 changes) →
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 1997
establishment The establishment unit on the map
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.

Krommebeekstraat 148930 Menen
Ground area
1.5 ha
Building footprint
9,601 m²
Volume, LiDAR
111,604 m³
Parcel 34372B0280/00N000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
VALVAN BALING SYSTEMS NV
Krommebeekstraat 14, 8930 MenenManufacture of machinery and equipment not elsewhere classified
since 19972.082.162.111
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34372B0280/00N000 Flanders 1.5 ha 1 · 9,601 m² 13.9 m · 4 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.

Statutory auditor

1 auditor
RSM INTERAUDITCurrent
Statutory auditor · represented by Jonas Uytterhaegen
19-09-2025 → present
Show 3 earlier auditors
Bedrijfsrevisorenkantoor Dujardin
Auditor
succeeded by RSM INTERAUDIT in 2025
20-12-2013 → 19-09-2025
Moore Audit
Auditor · represented by Liesbet Vandenabeele
12-04-2023 → 19-09-2025
PIET DUJARDIN BEDRIJFSREVISOREN
Auditor
succeeded by Bedrijfsrevisorenkantoor Dujardin in 2013
06-05-2011 → 20-12-2013

Articles of association

Purpose
Alle activiteiten, zowel in België als in het buitenland met betrekking tot: -ontwerpen, bouwen, commercialiseren, import, export van machines en metalen voorwerpen allerhande…
Full purpose

Alle activiteiten, zowel in België als in het buitenland met betrekking tot: -ontwerpen, bouwen, commercialiseren, import, export van machines en metalen voorwerpen allerhande; -ontwerpen, bouwen, commercialiseren, import, export van balenpersen en hun toebehoren; -ontwerpen, bouwen, commercialiseren, import, export van hydraulische en pneumatische persen in het algemeen; -ontwerpen, bouwen, commercialiseren, import, export van interne transportsystemen; -ontwerpen, bouwen, commercialiseren, import, export van maripulatoren; -ontwerpen, bouwen, commercialiseren, import, export van kantel- en kipinstallaties; -toepassen of laten toepassen van oppervlaktebehandelingstechnieken op metalen; -het huren en verhuren varı dergelijke machines en installaties met uitzondering van leasingmaterialen; -de vennootschap mag, hetzij door middel van inbreng, afstand, onderschrijving, deelneming, fusie, hetzij bij middel van aankoop, verkoop of ruil van alle roerende waarden, hetzij op om het even welke andere manier, belangen nemen in alle vennootschappen, ondernemingen of verenigingen waarvan het voorwerp gelijkaardig, gelijksoortig, samenhangend of eenvoudigweg nuttig is voor de verwezenlijking van het geheel of een deel van haar voorwerp. Zij mag zich borgstellen voor andere vennootschappen; -de vennootschap mag het bestuur en de vereffening waarnemen in alle vennootschappen met dewelke één of andere band bestaat en mag alle leningen, van gelijke vorm en voor gelijk welke duur, aan deze laatste toestaan of borgstellingen verstrekken voor deze vennootschappen; -de vennootschap mag, in één woord, alle handels-, nijverheids-, financiële, roerende of onroerende verrichtingen uitvoeren die direct of indirect, geheel of gedeeltelijk betrekking hebben op haar voorwerp, of die van aard zouden zijn dat zij er de verwezenlijking van begunstigen of ontwikkelen. - Het bedrijf heeft een sociaal doel, met name het bevorderen van de maatschappelijke integratie van kwetsbare groepen in de samenleving. Zij doet dit door het aanbieden van activeringsmogelijkheden aan mersen die moeilijker toegang vinden tot de arbeidsmarkt, en dit zowel via stages als het aanbieden van duurzame tewerkstelling. De vernootschap onderschrijft de principes van de zogenaamde meerwaardeneconomie bij de ultvoering van haar activiteiten. Het concept verwijst naar ondernemingen die de juiste balans zoeken tussen economische, sociale en ecologische waarden, in samenspraak met de verschillende betrokken actoren of belanghebbenden. - Ontwerpen, bouwen, commercialiseren, import, export, van sorteerinstallaties voor tweedehandskledij.

Structure & network

Connections & network

2 connected companies
Linked via shared directors
SOENEN TECHNOLOGY
Shared director
DIDAK INJECTION
Shared corporate director

Acquisitions and mergers

2 transactions
Took over:MOTUS HANDLING
BE 0740.716.645merger by absorption · State Gazette act of 29-08-2025 (2 acts) · effective 01-07-2025
Received in a demerger part of:VALVAN IMMO
BE 0784.312.603partial demerger · State Gazette act of 02-08-2022 (2 acts) · effective 13-07-2022

Capital and shareholders

Capital over the years
  1. 02-08-2022 Capital reduction of 367,129.49 EUR · to 132,870.51 EUR

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 38,617 EUR awarded · 38,617 EUR paid
Year Entries awardedpaid
2025 1 11,089 EUR11,089 EUR
2024 1 10,097 EUR10,097 EUR
2023 1 9,257 EUR9,257 EUR
2022 1 8,174 EUR8,174 EUR
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
4 entries · 38,617 EUR · 38,617 EUR paid · Departement Werk en Sociale Economie

European Union, budget

2021 · 1 entry · 1,269,139 EUR in total
Year Entries awarded
2021 1 1,269,139 EUR
Projects
SCIRT - SYSTEM CIRCULARITY AND INNOVATIVE RECYCLING OF TEXTILES
Horizon Europe · 01-06-2021 to 31-05-2024 · 1,269,139 EUR

European research

1 project · 1,269,139 EUR EU contribution
Programmes
Horizon 2020
1 entry · 1,269,139 EUR
Projects
System Circularity and Innovative Recycling of Textiles
Horizon 2020 · participant · 01-06-2021 to 30-11-2024 · 1,269,139 EUR · SCIRT

Recognitions · licences · registrations

Dual-learning approval

2 live approvals · 1 ended
Hoeknaadlasser duaal (so)
Goedgekeurd · 2024 to 2029
Lassen-constructie duaal (so)
Goedgekeurd · 2024 to 2029
Show 1 ended approval
Hoeknaadlasser (so)
discontinued · 2024 to 2025

Legal Entity Identifier

254900DF19DIYX0XR423
live in the LEI register

Similar companies · same sector, comparable size

Of 346 companies in sector 28990 we hold annual accounts for 278. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded04-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
28120Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
25402Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.