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VALVAN IMMO

Active
Private limited companyfounded 20224 yrs activeKrommebeekstraat 41, 8930 Menen, BelgiumKBO/BCE: BE 0784.312.603
Summary

VALVAN IMMO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.7m and a net result of €332,755. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability74=
Solvency100▲+6
Growth32=
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
Liquidity ample (current ratio 20.7 against 2.73 in 2024; short-term debt: 3.9% of total assets), and 3.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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
96.1%
Return on assets
4.2%
Age of the figures
9 mo
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 30-03-2026, 123 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
123 d early
2024
55 d early
2023
49 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 76 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 6 June (3 of the last 3 filed years within 68 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 31 March 2022, VALVAN IMMO was incorporated as a Private limited company.1 REDELTRANS was merged into the company in 2026.2 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 12-02-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€7.7m▲ 0.4%
2024 · €7.7m
Total assets
€8.0m▼ 27.9%
2024 · €11.1m
Net result
€332,755▼ 30.1%
2024 · €476,323
Working capital
€6.1m▲ 2.0%
2024 · €6.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€133,400-€182,980▲ 37.2%€201,217▲ 10.0%
Net result€527,303above the sector's middle half-€476,323above the sector's middle half▼ 9.7%€332,755above the sector's middle half▼ 30.1%
Equity€9.9mabove the sector's middle half-€7.7mabove the sector's middle half▼ 23.0%€7.7mabove the sector's middle half▲ 0.4%
Total assets€10.5mabove the sector's middle half-€11.1mabove the sector's middle half▲ 5.9%€8.0mabove the sector's middle half▼ 27.9%
Debt€532,594-€3.4m▲ 546%€309,357▼ 91.0%
Working capital€9.0mabove the sector's middle half-€6.0mabove the sector's middle half▼ 33.4%€6.1mabove the sector's middle half▲ 2.0%
Solvency94.9%above the sector's middle half-69.0%above the sector's middle half▼ 25.9pp96.1%above the sector's middle half▲ 27.1pp
Current ratio17.83above the sector's middle half-2.73within the sector's middle half▼ 15.0920.70above the sector's middle half▲ 17.97
Return on assets (ROA)5.0%within the sector's middle half-4.3%within the sector's middle half▼ 0.7pp4.2%within the sector's middle half▼ 0.1pp
Staff (FTE)0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2023: €133,400€133,400Net result 2023: €527,303€527,303Operating result 2024: €182,980€182,980Net result 2024: €476,323€476,323Operating result 2025: €201,217€201,217Net result 2025: €332,755€332,755202320242025€0€200,000€400,000€600,000Operating result 2023: €133,400€133,000Net result 2023: €527,303€527,000Operating result 2024: €182,980€183,000Net result 2024: €476,323€476,000Operating result 2025: €201,217€201,000Net result 2025: €332,755€333,000202320242025
The operating result has risen two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.0m
Fixed assets €1.6m ▼ 5.2%
Current assets €6.4m ▼ 32.0%
Equity and liabilities €8.0m
Equity €7.7m ▲ 0.4%
Debt €309,357 ▼ 91.0%
Debt's share of the balance-sheet total falls from 31.0% to 3.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€331,229▲
2024 · €318,335
Cash flow
€462,766▼
2024 · €611,678
Debt to equity
0.04▼
2024 · 0.45
ROE
4.3%▼
2024 · 6.2%
Interest coverage
919.39▼
2024 · 1593.91
Debt ≤ 1 year
€309,244▼
2024 · €3.4m
Income taxes
€10,918▲
2024 · €2,108
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,656 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • solvency 30% or more
  • a profit under 5% of the balance sheet
  • without age
0.1% went bankrupt
2.9% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 2,656 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.1m€8.0m▼
Fixed assets21/28€1.7m€1.6m▼
Tangible fixed assets22/27€971,655€883,269▼
Land and buildings22€854,307€800,634▼
Plant, machinery and equipment23€117,348€82,635▼
Financial fixed assets28€714,299€714,299=
Current assets29/58€9.4m€6.4m▼
Amounts receivable within one year40/41€9.1m€6.4m▼
Trade receivables40€0-
Other amounts receivable41€9.1m€6.4m▼
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1€272,088€22,718▼
Equity and liabilities
Total equity and liabilities10/49€11.1m€8.0m▼
Equity10/15€7.7m€7.7m▲
Contributions10/11€368,129€368,129=
Reserves13€7.3m€7.3m▲
Tax-exempt reserves132€7.3m€7.3m=
Distributable reserves133€0€32,755▲
Profit (loss) carried forward14€0€0=
Investment grants15€16,672€16,672=
Amounts payable17/49€3.4m€309,357▼
Amounts payable within one year42/48€3.4m€309,244▼
Trade debts44€673,791€8,326▼
Suppliers440/4€673,791€8,326▼
Taxes, remuneration and social security45€0€918▲
Taxes450/3€0€918▲
Other amounts payable47/48€2.8m€300,000▼
Accrued charges and deferred income492/3-€113
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€135,355€130,012▼
Other operating charges640/8€51,430€53,958▲
Gross operating margin9900€369,765€385,187▲
Operating profit (loss)9901€182,980€201,217▲
Financial income75/76B€295,650€143,919▼
Recurring financial income75€295,650€143,919▼
Financial charges65/66B€200€1,463▲
Recurring financial charges65€200€360▲
Non-recurring financial charges66B-€1,103
Profit (loss) for the period before taxes9903€478,430€343,673▼
Income taxes67/77€2,108€10,918▲
Profit (loss) for the period9904€476,323€332,755▼
Profit (loss) for the period to be appropriated9905€476,323€332,755▼
Appropriation of the result
Profit (loss) to be appropriated9906€476,323€332,755▼
Transfer from equity791/2€2.3m€0▼
Transfer to equity691/2€0€32,755▲
To other reserves6921€0€32,755▲
Profit to be distributed694/7€2.8m€300,000▼
Return on contributions (dividend)694€2.3m€0▼
Directors or managers695€470,000€300,000▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€325,559€135,355€130,012▼ 3.9%
Other operating charges640/8€49,540€51,430€53,958▲ 4.9%
Gross operating margin9900€508,499€369,765€385,187▲ 4.2%
Operating profit (loss)9901€133,400€182,980€201,217▲ 10.0%
Financial income75/76B€396,615€295,650€143,919▼ 51.3%
Recurring financial income75€396,615€295,650€143,919▼ 51.3%
Financial charges65/66B€54€200€1,463▲ 632%
Recurring financial charges65€54€200€360▲ 80.4%
Non-recurring financial charges66B--€1,103-
Profit (loss) for the period before taxes9903€529,961€478,430€343,673▼ 28.2%
Income taxes67/77€2,658€2,108€10,918▲ 418%
Profit (loss) for the period9904€527,303€476,323€332,755▼ 30.1%
Profit (loss) for the period to be appropriated9905€527,303€476,323€332,755▼ 30.1%
Line202320242025Change
Assets
Total assets20/58€10.5m€11.1m€8.0m▼ 27.9%
Fixed assets21/28€987,354€1.7m€1.6m▼ 5.2%
Tangible fixed assets22/27€987,354€971,655€883,269▼ 9.1%
Land and buildings22€834,062€854,307€800,634▼ 6.3%
Plant, machinery and equipment23€153,293€117,348€82,635▼ 29.6%
Financial fixed assets28-€714,299€714,299=
Current assets29/58€9.5m€9.4m€6.4m▼ 32.0%
Amounts receivable within one year40/41€9.1m€9.1m€6.4m▼ 30.2%
Trade receivables40€59,191€0--
Other amounts receivable41€9.0m€9.1m€6.4m▼ 30.2%
Cash at bank and in hand54/58€38,664€0--
Deferred charges and accrued income490/1€396,615€272,088€22,718▼ 91.7%
Equity and liabilities
Total equity and liabilities10/49€10.5m€11.1m€8.0m▼ 27.9%
Equity10/15€9.9m€7.7m€7.7m▲ 0.4%
Contributions10/11€368,129€368,129€368,129=
Reserves13€9.6m€7.3m€7.3m▲ 0.5%
Tax-exempt reserves132€7.3m€7.3m€7.3m=
Distributable reserves133€2.3m€0€32,755-
Profit (loss) carried forward14€0€0€0-
Investment grants15€16,672€16,672€16,672=
Amounts payable17/49€532,594€3.4m€309,357▼ 91.0%
Amounts payable within one year42/48€532,594€3.4m€309,244▼ 91.0%
Trade debts44€522€673,791€8,326▼ 98.8%
Suppliers440/4€522€673,791€8,326▼ 98.8%
Taxes, remuneration and social security45€2,658€0€918-
Taxes450/3€2,658€0€918-
Other amounts payable47/48€529,414€2.8m€300,000▼ 89.2%
Accrued charges and deferred income492/3--€113-
Line202320242025Change
Profit (loss) for the period9904€527,303€476,323€332,755▼ 30.1%
+ Depreciation and write-downs630€325,559€135,355€130,012▼ 3.9%
Operating cash flow (approximation)€852,862€611,678€462,766▼ 24.3%
Investment in fixed assets (approximation)--€833,955-€41,626▲ 95.0%
Change in cash--€38,664--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-05
State Gazette act Appointment: RSM INTERAUDIT (statutory auditor)
Permanent representatives: Jonas Uytterhaegen and Peter Vandeputte5 facts ▸
  • General meeting, 26-03-2026
  • Auditor appointment, RSM INTERAUDIT (statutory auditor)
  • Permanent representative, Jonas Uytterhaegen (permanent representative)
  • Director in office, VENCO (director)
  • Permanent representative, Peter Vandeputte (permanent representative)
30-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
12-02
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Share cancellation9 facts ▸
  • General meeting, 19-12-2025
  • Merger, absorption, met fusie door overname gelijkgestelde verrichting (geruisloze fusie)
  • Accounting effect, 01-01-2026
  • Share cancellation, aandelen van de overgenomen vennootschap ingetrokken en vernietigd
  • Real estate, Een magazijn op en met grond en aanhorigheden gelegen Krommebeekstraat nummer 18, Menen
  • Purpose change, uitbreiding met de activiteiten van de overgenomen vennootschap
  • Power of attorney, VALVAN IMMO
  • Shareholding, 100%
  • Asset transfer basis, staat van activa en passiva per 31 december 2025
2025
31-12
Financial Weakest financial yearnet €332,755 ▼30.1%
Net result drops to €332,755, the lowest in the series.
31-12
Financial Liquidity times 8current ratio 20.70
Current ratio from 2.73 to 20.70; short-term debt falls from €3.4m to €309,244.
06-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 9 acts read
About the unread acts

Of the 9 Belgian State Gazette acts we know for this company, 2 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
5.3 ha
Building footprint
1.6 ha
Volume, LiDAR
111,604 m³
2 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
1 establishment unit
VALVAN IMMO
Krommebeekstraat 14, 8930 MenenComputing infrastructure, data processing, hosting and other information service activities
since 20222.330.903.268
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34372B0339/00A000 Flanders 3.8 ha 1 · 6,781 m² -
34372B0280/00N000 Flanders 1.5 ha 1 · 9,601 m² 13.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group VALTECH 20 companies Group, risk and exposure

Owners and holdings

1 owner · 1 holding

Chain of control

  1. VALTECH 100%
  2. VALVAN IMMO

Highest known parent: VALTECH. The sources do not say who stands above it.

Owners 1

Holdings 1

According to the 2025 annual accounts of VALVAN IMMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

2 transactions
Took over:REDELTRANS
merger by absorption · State Gazette act of 12-02-2026 · effective 01-01-2026
Received in a demerger part of:VALVAN BALING SYSTEMS
BE 0460.789.392proposal · State Gazette act of 29-04-2022

Similar companies · same sector, comparable size

Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. 2,545 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
Founded31-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID 0208:0784312603
Also 9925:BE0784312603

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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