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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 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Valar from Aalter, company number BE0792655195, closed financial year 2025 with a result of € -19,985 after tax. For that financial year Valar recorded revenue of € 18,000 and equity of € 3 million. Compared with financial year 2024, the result moved from € 1,846 to € -19,985. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,985
▼ still € 1,846 profit in 2024
Profit after tax over the fiscal year.
€ 117,086
▲ 292% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,514.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,046
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 18,000 | € 18,000 | |
| Profit after taxes | € -10,375 | € 1,846 | € -19,985 | ▼ € 21,831 |
| Equity | € 2,989,625 | € 2,991,471 | € 2,971,486 | ▼ 1% |
| Total debts | € 7,875,793 | € 7,831,201 | € 7,725,721 | ▼ 1% |
| Cash | € 1,631 | € 29,842 | € 117,086 | ▲ 292% |
| Retained profit | € -10,375 | € -8,529 | € -28,514 | ▼ € 19,985 |
| Balance sheet total | € 10,865,418 | € 10,822,672 | € 10,697,207 | ▼ 1% |
Key figures of Valar, 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 Valar?
What happened at Valar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,985 (▼ € 21,831 vs 2024). Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,375 loss in 2023 to € 19,985 loss in 2025.
Best year ever: 2024, with € 1,846 profit.
Pays suppliers within 82 days on average.
Management
Behind Valar are Swen Vincke and Valérie Coessens. It owns 100% of Morningstone Invest S.L.U. itself.
Directors
According to the 2025 annual accounts
Swen Vincke
Director
Valérie Coessens
Director
Establishments
Establishment units
Physical locations of this company
Loveldlaan 47
9880 Aalter
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0792.655.195
- VAT number
- BE 0792.655.195
- Registered office
- Loveldlaan 47, 9880 Aalter
- Names & denominations
- Valar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2022
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Landschapsverzorging
Activiteiten van holdings
Holdings