What does VAL DE THEUX do?

VAL DE THEUX is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 25 November 1993, 1 establishment.

What is the address of VAL DE THEUX?

The registered office of VAL DE THEUX is located at Rue Rogier 14, 4900 Spa.

Is VAL DE THEUX still active?

Yes. According to the CBE (30 October 2026) VAL DE THEUX is active, legal situation “Normale toestand”, started on 25 November 1993.

Is VAL DE THEUX registered on Peppol?

Yes, VAL DE THEUX is registered on the Peppol network with ID 0208:0451487785.

What is the enterprise number of VAL DE THEUX?

The enterprise number of VAL DE THEUX is BE0451487785.

When was VAL DE THEUX founded?

VAL DE THEUX was founded on 25 November 1993.

Who are the directors of VAL DE THEUX?

According to the 2025 annual accounts, the directors of VAL DE THEUX are: HAPPY HOUSE CONSTRUCT SRL, Alain KRICKEL.

Is VAL DE THEUX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 November 1993; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did VAL DE THEUX make in 2025?

VAL DE THEUX recorded a loss after taxes of € 63,721 in financial year 2025.

What is the revenue of VAL DE THEUX?

As a small company, VAL DE THEUX is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 580,371.

How much does an employee at VAL DE THEUX earn?

The average wage cost per full-time employee at VAL DE THEUX was € 21,600 in 2024: staff costs of € 36,804 for 1.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

VAL DE THEUX (Private Limited) - Spa - BE0451487785

Dossier VAL DE THEUX, printed on 30 October 2026 from databakkes.be/en/0451487785/val-de-theux. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

14 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

VAL DE THEUX from Spa, company number BE0451487785, closed financial year 2025 with a result of € -63,721 after tax. For that financial year VAL DE THEUX recorded a gross margin of € 580,371 and equity of € 791,375. Compared with financial year 2024, the result moved from € 153,512 to € -63,721. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Healthy

€ 791,375

▼ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -63,721

▼ still € 153,512 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 37,897

▲ 178% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 772,775.

People and assets in 2025

Vehicles and equipment

€ 4,481

▲ € 4,435 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 10 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.4 million

▼ 3% vs 2024

€ 413,791 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 448,846

▼ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 63,336

▼ 37% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 779,901 Gross margin 2022: € 779,901 First fiscal year in the series	€ 488,997 Gross margin 2023: € 488,997 ▼ 37% vs 2022 (€ 779,901) Unfavourable step	€ 323,504 Gross margin 2024: € 323,504 ▼ 34% vs 2023 (€ 488,997) Unfavourable step	€ 580,371 Gross margin 2025: € 580,371 ▲ 79% vs 2024 (€ 323,504) Favourable step	▲ 79%
Profit after taxes	€ -221,624 Profit after taxes 2022: € -221,624 First fiscal year in the series	€ 721,790 Profit after taxes 2023: € 721,790 ▲ € 943,415 vs 2022 (€ -221,624) Favourable step	€ 153,512 Profit after taxes 2024: € 153,512 ▼ 79% vs 2023 (€ 721,790) Unfavourable step	€ -63,721 Profit after taxes 2025: € -63,721 ▼ € 217,232 vs 2024 (€ 153,512) Unfavourable step	▼ € 217,232
Equity	€ 318,136 Equity 2022: € 318,136 First fiscal year in the series	€ 819,389 Equity 2023: € 819,389 ▲ 158% vs 2022 (€ 318,136) Favourable step	€ 855,096 Equity 2024: € 855,096 ▲ 4% vs 2023 (€ 819,389) Favourable step	€ 791,375 Equity 2025: € 791,375 ▼ 7% vs 2024 (€ 855,096) Unfavourable step	▼ 7%
Total debts	€ 6,878,160 Total debts 2022: € 6,878,160 First fiscal year in the series	€ 6,068,430 Total debts 2023: € 6,068,430 ▼ 12% vs 2022 (€ 6,878,160) Favourable step	€ 5,269,207 Total debts 2024: € 5,269,207 ▼ 13% vs 2023 (€ 6,068,430) Favourable step	€ 5,032,032 Total debts 2025: € 5,032,032 ▼ 5% vs 2024 (€ 5,269,207) Favourable step	▼ 5%
Cash	€ 16,999 Cash 2022: € 16,999 First fiscal year in the series	€ 45,090 Cash 2023: € 45,090 ▲ 165% vs 2022 (€ 16,999) Favourable step	€ 13,651 Cash 2024: € 13,651 ▼ 70% vs 2023 (€ 45,090) Unfavourable step	€ 37,897 Cash 2025: € 37,897 ▲ 178% vs 2024 (€ 13,651) Favourable step	▲ 178%
Land & buildings	€ 4,811,117 Land & buildings 2022: € 4,811,117 First fiscal year in the series	€ 4,350,230 Land & buildings 2023: € 4,350,230 ▼ 10% vs 2022 (€ 4,811,117) Unchanged	€ 3,932,566 Land & buildings 2024: € 3,932,566 ▼ 10% vs 2023 (€ 4,350,230) Unchanged	€ 3,405,111 Land & buildings 2025: € 3,405,111 ▼ 13% vs 2024 (€ 3,932,566) Unchanged	▼ 13%
Retained profit	€ -38,806 Retained profit 2022: € -38,806 First fiscal year in the series	€ 682,984 Retained profit 2023: € 682,984 ▲ € 721,790 vs 2022 (€ -38,806) Favourable step	€ 836,496 Retained profit 2024: € 836,496 ▲ 22% vs 2023 (€ 682,984) Favourable step	€ 772,775 Retained profit 2025: € 772,775 ▼ 8% vs 2024 (€ 836,496) Unfavourable step	▼ 8%
Bank debt	€ 5,659,062 Bank debt 2022: € 5,659,062 First fiscal year in the series	€ 5,242,367 Bank debt 2023: € 5,242,367 ▼ 7% vs 2022 (€ 5,659,062) Favourable step	€ 4,498,937 Bank debt 2024: € 4,498,937 ▼ 14% vs 2023 (€ 5,242,367) Favourable step	€ 4,368,684 Bank debt 2025: € 4,368,684 ▼ 3% vs 2024 (€ 4,498,937) Favourable step	▼ 3%
Balance sheet total	€ 7,196,296 Balance sheet total 2022: € 7,196,296 First fiscal year in the series	€ 6,887,819 Balance sheet total 2023: € 6,887,819 ▼ 4% vs 2022 (€ 7,196,296) Unchanged	€ 6,124,303 Balance sheet total 2024: € 6,124,303 ▼ 11% vs 2023 (€ 6,887,819) Unchanged	€ 5,823,407 Balance sheet total 2025: € 5,823,407 ▼ 5% vs 2024 (€ 6,124,303) Unchanged	▼ 5%
Employees (FTE)	4.2 Employees (FTE) 2022: 4.2 First fiscal year in the series	2.2 Employees (FTE) 2023: 2.2 ▼ 2 vs 2022 (4.2) Unchanged	1.7 Employees (FTE) 2024: 1.7 ▼ 0.5 vs 2023 (2.2) Unchanged	-

Key figures of VAL DE THEUX, 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 VAL DE THEUX?

What happened at VAL DE THEUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2026 New annual accounts for financial year 2025: loss of € 63,721 (▼ € 217,232 vs 2024). filed late Source: NBB ↗
2023 HAPPY HOUSE CONSTRUCT SRL became a director. NBB
2023 Alain KRICKEL became a director. NBB
Dec 17, 1993 New establishment in Spa. KBO
Nov 25, 1993 Start of the company according to the CBE. KBO

In short

From € 221,624 loss in 2022 to € 63,721 loss in 2025.

Paid € 77,123 in corporate taxes since 2022.

Best year ever: 2023, with € 721,790 profit.

On average € 190,300 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

HAPPY HOUSE CONSTRUCT SRL Alain KRICKEL

VERTIGE ENTRE CIEL ET TERRE

BRASSERIE LA BOBELINE

VAL DE THEUX

AQUA CONSTRUCT +

Behind VAL DE THEUX are HAPPY HOUSE CONSTRUCT SRL and Alain KRICKEL. The same people are also behind VERTIGE ENTRE CIEL ET TERRE. HAPPY HOUSE CONSTRUCT SRL is also behind BRASSERIE LA BOBELINE, BT GERONSTERE and KRIVOS. Alain KRICKEL is also behind AQUA CONSTRUCT +.

Directors

According to the 2025 annual accounts

HAPPY HOUSE CONSTRUCT SRL

Director · represented by Barbara KRICKEL

Also active at: VERTIGE ENTRE CIEL ET TERRE, BRASSERIE LA BOBELINE, BT GERONSTERE, KRIVOS

since 2023

Alain KRICKEL

Director

Also active at: VERTIGE ENTRE CIEL ET TERRE, AQUA CONSTRUCT +

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Rogier 14

4900 Spa

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 14 companies are registered at this address.

All companies at this address →

LA BELLE EPOQUE SPA

€ -6,732 gross margin · 2025

VERTIGE ENTRE CIEL ET TERRE same network

€ 74,179 gross margin · 2025

Le Franc'off

€ 735,177 gross margin · 2024

BRASSERIE LA BOBELINE same network

€ 536,431 gross margin · 2025

AQUA CONSTRUCT + same network

€ 820,017 gross margin · 2025

+9 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.487.785

VAT number

BE 0451.487.785

Registered office

Rue Rogier 14, 4900 Spa

Names & denominations

VAL DE THEUX

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 November 1993

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Handel in eigen onroerend goed

Algemene bouw van kantoorgebouwen

Algemene bouw van residentiële gebouwen

Algemene bouw van andere niet-residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

VAL DE THEUX

Warning lights

Financials

What happened to VAL DE THEUX?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions