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ZWEMBADEN VALKENBORGH PLUS

Active Private limited companyfounded 2019active for 7 yearsStadsheide 19, 3500 HasseltKBO/BCE: BE 0737.546.725

Lifetime

6 annual accounts with figures on one time axis
peak €428,084 (2023)
€412,970▲ 30.6%
peak €220,393 (2023)
€185,586▲ 69.6%
peak €727,107 (2025)
€332,717▼ 54.2%
€868,447▲ 292%
peak 3.2 FTE (2024)
2.5 FTEunchanged
Board2 names since 2019
2 directorsValkenborgh Dieter and 1 other
Documentsfilings and deeds
25-09-202636 days before the deadline
2026abbreviated format
Gross margin from €316,155 to €412,970Result from €109,456 to €185,586Dividend €579,976Equity from €727,107 to €332,717Debts from €221,375 to €868,447Cash from €390,187 to €909,143

Key points

from the 2026 annual accounts

Equity

€332,717 ▼ 54.2%
727,1072025+185,586Profit-579,976Dividend332,7172026

ZWEMBADEN VALKENBORGH PLUS paid out €579,976 in dividends. That is 313% of the 2026 profit.

Result

€185,586 ▲ 69.6%
€109,0002025€186,0002026

The result rose in 2026 from €109,456 to €185,586.

Debts

€868,447 ▲ 292%
Other debts
+545,955
Taxes and wages
+62,356
Suppliers
+40,776
The rest
-2,015

Debts rose by €647,072 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.

Staff

3 employees on 31-03-2026
212022312023012024222025012026

In 2026, nobody joined and 1 person left.

Liquidity

1.27 was 3.65 in 2025

Short-term debts rose from €220,816 to €867,250.

Filings

6 annual accounts since 2021
deadline202220242026

The last five annual accounts were filed 13 to 69 days before the end of the period.

Checked score

89
Excellent
Financially stronger than 44% of micro companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

53-47equity 27.7% of total assets
61-31short-term debt 72.2% · cash 75.7%
88+5return on assets 15.5%

Score breakdown

raises risk
Founded in 2019
lowers risk
Liquidity: current ratio 1.27, cash €909,143
Size: 2.5 FTE, total assets €1.2m
Figures for financial year 2026 (filed on 25-09-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 31% of them on solvency, 65% on liquidity, 70% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,713 companies had the same profile as ZWEMBADEN VALKENBORGH PLUS has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ZWEMBADEN VALKENBORGH PLUS itself is lower: 0.2% within 12 months. It rests on far more data about ZWEMBADEN VALKENBORGH PLUS than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,713 companies, not a prediction for ZWEMBADEN VALKENBORGH PLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.27 (3.65 in 2025), below the usual 1.5. Short-term debt is 72.2% and cash 75.7% of total assets. 72.3% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.27, cash €909,143
NBB · annual accounts
lowers risk · Size: 2.5 FTE, total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 25-09-2026)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2026
36 days early
2025
37 days early
2024
69 days early
2023
35 days early
2022
13 days early
2021
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 36 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 25 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VD
Valkenborgh Dieter
Director, since 07-11-2019
ZV
Director, since 07-11-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0737546725
Incorporation published on 13-11-2019 · Gazette deed
First establishment Stadsheide 19, Hasselt
All 12 events

Comparable companies

same main activity, similar in size and age
Company
ZWEMBADEN VALKENBORGH PLUS Hasselt €1.2m €412,970 27.7% 2.5
TOTAL POOL CONCEPT Aartselaar €1.0m €247,118 29.9% 2.1
VAN EECKHOUDT ZWEMBADEN Meise €2.3m €643,112 57.3% 3.8
Inox Zwembaden B.art Aarschot €0.9m €430,986 66.4% 5.7
RELIABLE DYNAMIC TECHNOLOGY Wavre €0.6m €289,786 34.6% 4.2
Move & Play Oudsbergen €0.4m €329,089 -31.1% 3
TOMASPOR Bruges €2.0m €339,864 8.0% 4.1

These companies have the same main activity as ZWEMBADEN VALKENBORGH PLUS: civil engineering (NACE 42990). They are comparable in size and age: total assets between €433,000 and €2.3m, founded between 2016 and 2020.

Official details

Source: KBO
Status
Active since 08-11-2019Normal situation
Activity
Civil engineeringNACE 42990and 5 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction · annual accounts 31-03-2026
Establishment unit
2.296.033.9463500 Hasselt, since 08-11-2019
Financial year end
31 March
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 31-03-2026

≈ €970,000estimated
€1.2m▲ 26.6%
Employeeson 31-03-2026
3▼ 25.0%
Filing
Filed on 25-09-2026, 36 days before the end of the filing period
Financials

Insights on ZWEMBADEN VALKENBORGH PLUS

ZWEMBADEN VALKENBORGH PLUS files the abbreviated format. That format states no turnover. The gross margin rose from €320,940 in 2021 to €412,970 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ZWEMBADEN VALKENBORGH PLUS

What is the company number of ZWEMBADEN VALKENBORGH PLUS?
The company number of ZWEMBADEN VALKENBORGH PLUS is 0737.546.725. The VAT number is the same number with BE in front: BE 0737.546.725.
Where is ZWEMBADEN VALKENBORGH PLUS based?
The registered office is at Stadsheide 19, 3500 Hasselt.Company details
What does ZWEMBADEN VALKENBORGH PLUS do?
According to the KBO register, the main activity is civil engineering (NACE 42990).
What is the legal form of ZWEMBADEN VALKENBORGH PLUS?
ZWEMBADEN VALKENBORGH PLUS is a private limited company (BV).
When was ZWEMBADEN VALKENBORGH PLUS founded?
ZWEMBADEN VALKENBORGH PLUS was founded on 08-11-2019.
Is ZWEMBADEN VALKENBORGH PLUS still active?
Yes, ZWEMBADEN VALKENBORGH PLUS is an active enterprise in the KBO register.
How many employees does ZWEMBADEN VALKENBORGH PLUS have?
ZWEMBADEN VALKENBORGH PLUS had an average of 2.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does ZWEMBADEN VALKENBORGH PLUS fall under?
In its 31-03-2026 annual accounts, ZWEMBADEN VALKENBORGH PLUS states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
What is the turnover of ZWEMBADEN VALKENBORGH PLUS?
The turnover in financial year 2026 is ≈ €970,000. This figure is estimated from the gross margin of €412,970 and 2,275 comparable companies of the same size. It probably lies between €590,000 and €1.7m. It is a rough estimate.
Is ZWEMBADEN VALKENBORGH PLUS profitable?
In financial year 2026, ZWEMBADEN VALKENBORGH PLUS made a profit of €185,586.
Where can I find the annual accounts of ZWEMBADEN VALKENBORGH PLUS?
ZWEMBADEN VALKENBORGH PLUS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of ZWEMBADEN VALKENBORGH PLUS due?
ZWEMBADEN VALKENBORGH PLUS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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