Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VALUGA from Zonhoven, company number BE0451111168, closed financial year 2025 with a result of € -18,242 after tax. For that financial year VALUGA recorded a gross margin of € 88,636 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 15,637 to € -18,242. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 2.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,242
▼ still € 15,637 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.2 million.
People and assets in 2025
€ 4,221
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,458
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 151,405
▼ 37% vs 2024
€ 57,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 63,867
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,248
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 136,067 | € 49,152 | € 111,868 | € 88,636 | ▼ 21% |
| Profit after taxes | € 235,813 | € -43,937 | € 15,637 | € -18,242 | ▼ € 33,879 |
| Equity | € 2,321,659 | € 2,277,721 | € 2,293,358 | € 2,275,116 | ▼ 1% |
| Total debts | € 1,178,066 | € 1,143,506 | € 1,109,073 | € 1,080,945 | ▼ 3% |
| Cash | € 30,079 | € 9,215 | - | - | |
| Land & buildings | € 774,532 | € 738,515 | € 702,498 | € 666,482 | ▼ 5% |
| Retained profit | € 2,259,659 | € 2,215,721 | € 2,231,358 | € 2,213,116 | ▼ 1% |
| Dividend | € 1,600 | € 0 | € 0 | € 0 | |
| Bank debt | € 405,718 | € 320,596 | € 240,899 | € 151,405 | ▼ 37% |
| Balance sheet total | € 3,503,641 | € 3,421,227 | € 3,402,431 | € 3,356,061 | ▼ 1% |
Key figures of VALUGA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VALUGA?
What happened at VALUGA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Helga SMEETS stepped down as director. NBB
- Luc THYS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18,242 (▼ € 33,879 vs 2024). filed late Source: NBB ↗
- Helga SMEETS became a director. NBB
- Luc THYS became a director. NBB
- New establishment in Zonhoven. KBO
- Start of the company according to the CBE. KBO
In short
From € 235,813 profit in 2022 to € 18,242 loss in 2025.
Paid € 41,100 in corporate taxes since 2022.
Best year ever: 2022, with € 235,813 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
It owns 100% of THYS MANAGEMENT & CONSULTANCY and 99.6% of General Computers itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Veldhinweg 28
3520 Zonhoven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.111.168
- VAT number
- BE 0451.111.168
- Registered office
- Veldhinweg 28, 3520 Zonhoven
- Names & denominations
- VALUGA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1993
- Peppol
- Active · Active since 18 Sept 2024
- Activities · NACE
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