Equity
ZWEMBADEN VALKENBORGH PLUS paid out €579,976 in dividends. That is 313% of the 2026 profit.
ZWEMBADEN VALKENBORGH PLUS paid out €579,976 in dividends. That is 313% of the 2026 profit.
The result rose in 2026 from €109,456 to €185,586.
Debts rose by €647,072 in 2026. A dividend stands under other debts on the balance sheet date until it is paid.
In 2026, nobody joined and 1 person left.
Short-term debts rose from €220,816 to €867,250.
The last five annual accounts were filed 13 to 69 days before the end of the period.
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).
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).
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.
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.
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.
| 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.
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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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.
| 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.
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.
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