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 9 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Valorem Plus from Westerlo, company number BE0681868329, closed financial year 2025 with a result of € -7,173 after tax. For that financial year Valorem Plus recorded a gross margin of € -5,672 and equity of € 339,502. Compared with financial year 2024, the result moved from € 11,564 to € -7,173. 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 June 30, 2026.
€ 339,502
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,173
▼ still € 11,564 profit in 2024
Profit after tax over the fiscal year.
€ 42,009
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 79,502.
Debts at end 2025
€ 457,520
▲ 26% vs 2024
Loans from banks and other lenders, long and short.
€ 438
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,127 | € 10,991 | € 17,905 | € -5,672 | ▼ € 23,577 |
| Profit after taxes | € 18,974 | € 5,092 | € 11,564 | € -7,173 | ▼ € 18,737 |
| Equity | € 330,019 | € 335,111 | € 346,675 | € 339,502 | ▼ 2% |
| Total debts | € 744,804 | € 628,249 | € 366,096 | € 460,426 | ▲ 26% |
| Cash | € 4,795 | € 1,766 | € 117,351 | € 42,009 | ▼ 64% |
| Retained profit | € 70,019 | € 75,111 | € 86,675 | € 79,502 | ▼ 8% |
| Bank debt | € 641,460 | € 578,460 | € 362,520 | € 457,520 | ▲ 26% |
| Balance sheet total | € 1,074,823 | € 963,360 | € 712,772 | € 799,928 | ▲ 12% |
Key figures of Valorem Plus, 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 Valorem Plus?
What happened at Valorem Plus in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,173 (▼ € 18,737 vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
- STEPCOM BV became a director. NBB
In short
From € 18,974 profit in 2022 to € 7,173 loss in 2025.
Paid € 12,602 in corporate taxes since 2022.
Best year ever: 2022, with € 18,974 profit.
Management
The stake of INTRACIET comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Valorem PlusBehind Valorem Plus is STEPCOM BV. The shares are held by INTRACIET (25%).
Directors
According to the 2025 annual accounts
since 2017
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boerenkrijglaan 56
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0681.868.329
- VAT number
- BE 0681.868.329
- Registered office
- Boerenkrijglaan 56, 2260 Westerlo
- Names & denominations
- Valorem Plus
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2017
- Peppol
- Not registered