Financials
Financial year 2025
Valgo from Nivelles, company number BE0791225535, closed financial year 2025 with a result of € 6.9 million after tax. For that financial year Valgo recorded a gross margin of € -2,067 and equity of € 4.5 million. Compared with financial year 2024, the result moved from € 2.2 million to € 6.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 4.5 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.9 million
▲ 214% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▲ € 2.1 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
87 % of the profit went to the shareholders, mostly to Kivalgo (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 80,070
▼ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 21,887
Supplier invoices still open on the last day of the fiscal year.
€ 5,052
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 128,651 | € 68,879 | € -2,067 | ▼ € 70,946 |
| Profit after taxes | € 774,389 | € 2,194,850 | € 6,889,467 | ▲ 214% |
| Equity | € 1,374,389 | € 3,569,239 | € 4,458,706 | ▲ 25% |
| Total debts | € 2,267,075 | € 95,515 | € 107,009 | ▲ 12% |
| Cash | € 88,235 | € 146,081 | € 2,212,774 | ▲ € 2.1 million |
| Retained profit | € 774,389 | € 2,969,239 | € 3,858,706 | ▲ 30% |
| Dividend | € 0 | € 0 | € 6,000,000 | |
| Bank debt | € 2,245,237 | € 95,132 | € 80,070 | ▼ 16% |
| Balance sheet total | € 3,641,465 | € 3,664,754 | € 4,565,715 | ▲ 25% |
Key figures of Valgo, fiscal years 2023 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 Valgo?
What happened at Valgo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.9 million (▲ 214% vs 2024). Source: NBB ↗
- New establishment in Nivelles. KBO
- Xavier DELPIRE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 774,389 profit in 2023 to € 6.9 million profit in 2025.
Paid € 18,240 in corporate taxes since 2023.
Best year ever: 2025, with € 6.9 million profit.
Paid out € 6 million in dividends to the owners in total.
Management
The stake of Kivalgo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ValgoBehind Valgo is Xavier DELPIRE. The shares are held by Kivalgo (100%).
Establishments
Establishment units
Physical locations of this company
Chemin de l'Escavée 38
1400 Nivelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0791.225.535
- VAT number
- BE 0791.225.535
- Registered office
- Chemin de l'Escavée 38, 1400 Nivelles
- Names & denominations
- Valgo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2022
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings