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 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VALQ from Harelbeke, company number BE0721787589, closed financial year 2025 with a result of € 40,891 after tax. For that financial year VALQ recorded a gross margin of € 404,625 and equity of € 924,308. Compared with financial year 2024, the result moved from € 675,820 to € 40,891. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 924,308
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,891
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 41,345
▼ 72% 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 € 862,808.
People and assets in 2025
€ 2,384
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 370,371
▲ € 310,102 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,769 | € 194,245 | € -132,687 | € 404,625 | ▲ € 537,313 |
| Profit after taxes | € 83,604 | € 46,861 | € 675,820 | € 40,891 | ▼ 94% |
| Equity | € 160,736 | € 207,597 | € 883,417 | € 924,308 | ▲ 5% |
| Total debts | € 1,594,101 | € 16,051,197 | € 15,510,912 | € 16,935,738 | ▲ 9% |
| Cash | € 1,360 | € 53,188 | € 146,467 | € 41,345 | ▼ 72% |
| Retained profit | € 99,236 | € 146,097 | € 821,917 | € 862,808 | ▲ 5% |
| Balance sheet total | € 1,754,837 | € 16,258,794 | € 16,394,329 | € 17,860,046 | ▲ 9% |
Key figures of VALQ, 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 VALQ?
What happened at VALQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,891 (▼ 94% vs 2024). Source: NBB ↗
- VALQ-M BV became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 83,604 profit in 2022 to € 40,891 profit in 2025.
Paid € 56,220 in corporate taxes since 2022.
Best year ever: 2024, with € 675,820 profit.
Management
The stake of Dominique Valcke comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VALQBehind VALQ is VALQ-M BV. The shares are held by Dominique Valcke (1%). It owns 100% of EAST GATE GHENT, 95% of KUNSTGRASVELDEN CLUSTER 3 and 50% of STADION NV itself.
Directors
According to the 2025 annual accounts
Enige bestuurder · represented by Dominique Valcke
Also active at: STADSBADER, DESIRE STADSBADER, STADSBADER CONTRACTORS, PANTHEON, Betonco, BRAVO-4 MTC, Stadsbader Invest
since 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Kanaalstraat 1
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →STADSBADER same network
€ 528.9 million revenue · 2025
STICHTING DE BLAUWE REIGER
DESIRE STADSBADER same network
€ 1.7 million revenue · 2025
PANTHEON same network
€ 1.1 million gross margin · 2025
THV ONDERHOUD INFRA R4
+46 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
- 0721.787.589
- VAT number
- BE 0721.787.589
- Registered office
- Kanaalstraat 1, 8530 Harelbeke
- Names & denominations
- VALQ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2019
- Peppol
- Active · Active since 28 Sept 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Ontwikkeling van niet-residentiële bouwprojecten