Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
VALVINC from Tournai, company number BE0461874210, closed financial year 2025 with a result of € 185,948 after tax. For that financial year VALVINC recorded a gross margin of € 1.9 million and equity of € 617,744. Compared with financial year 2024, the result moved from € 157,741 to € 185,948. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 617,744
▲ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 185,948
▲ 18% vs 2024
Profit after tax over the fiscal year.
€ 529,026
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 361,744.
People and assets in 2025
32
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 8% vs 2024
€ 41,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 281,523
▲ 15% vs 2024
Of which on lease € 105,550.
Debts at end 2025
€ 842,199
▼ 12% vs 2024
€ 179,637 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 543,193
▼ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 156,747
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,322,925 | € 1,729,293 | € 1,749,942 | € 1,906,824 | ▲ 9% |
| Profit after taxes | € -195,256 | € 147,115 | € 157,741 | € 185,948 | ▲ 18% |
| Equity | € 126,940 | € 274,055 | € 431,796 | € 617,744 | ▲ 43% |
| Total debts | € 2,203,881 | € 2,309,612 | € 2,195,252 | € 1,609,255 | ▼ 27% |
| Cash | € 343,838 | € 625,254 | € 843,291 | € 529,026 | ▼ 37% |
| Land & buildings | € 444,571 | € 377,471 | € 326,749 | € 276,028 | ▼ 16% |
| Retained profit | € -129,060 | € 18,055 | € 175,796 | € 361,744 | ▲ 106% |
| Bank debt | € 1,278,266 | € 1,152,894 | € 959,678 | € 842,199 | ▼ 12% |
| Balance sheet total | € 2,330,820 | € 2,583,667 | € 2,627,047 | € 2,226,999 | ▼ 15% |
| Employees (FTE) | 31.8 | 31.6 | 31.2 | 32 | ▲ 0.8 |
Key figures of VALVINC, 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 VALVINC?
What happened at VALVINC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ronse SA stepped down as director. NBB
- Nadine Delroeux stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Ronse SA became a director. NBB
- Nadine Delroeux became a director. NBB
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 195,256 loss in 2022 to € 185,948 profit in 2025.
Paid € 157,926 in corporate taxes since 2022.
Best year ever: 2025, with € 185,948 profit.
On average € 59,600 of value added per employee in 2025.
Management
The stake of RONSE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VALVINCThe shares are held by RONSE (99%).
Directors
According to the 2025 annual accounts
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard Eisenhower(TOU) 14
7500 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.874.210
- VAT number
- BE 0461.874.210
- Registered office
- Boulevard Eisenhower(TOU) 14, 7500 Tournai
- Names & denominations
- VALVINC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 1997
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)