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TheValueChain

Active
Public limited companyfounded 201115 years activeSatenrozen 10, 2550 Kontich, BelgiumKBO/BCE: BE 0838.023.085
Summary

TheValueChain has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.7m and a net result of €484,612. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 1,671 sector peers (NACE 62, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Computer programming NACE 62100
#5 employer in Kontich, Telecoms and IT sector6 sites
Size
€43.6mturnover 2025
Staff
80.6 FTE
Equity
€16.7m
Profit
€484,612
Financial health
91 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
TheValueChain International · 100%
Holdings
1
Accounts 38 days early3 of 17 deeds read
Why 91- Liquidity: current ratio 2.06, cash €1.0m+ Sector Computer programming, consultancy and related activities (NACE 62)+ Figures for FY 2025 (filed 23-06-2026)+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 62, medium-sized)
Financial strength · tick = 2024
Average
Solvency 70=
equity 44.7% of total assets
Liquidity 29-3
short-term debt 48.3% · cash 2.7%
Profitability 36+2
return on assets 1.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (209 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €1,500,000 at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.06 in 2024; short-term debt: 48.3% and cash: 2.7% of total assets), but 55.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized): better than 59% on solvency, 31% on liquidity, 20% on profitability and 33% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 2.06, cash €1.0m
NBB · annual accounts
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Figures for FY 2025 (filed 23-06-2026)
NBB · annual accounts
lowers risk · Legal form Public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
31 days early
2023
34 days early
2022
6 days early
2021
1 day late
2020
8 days early
2019
24 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointment: Gumption (managing director)Permanent representative: Bart Embrechts
  2. Annual accounts filedfiscal year 2025 · full…
  3. Capital & shares · RestructuringDeclaration · Approval · Transfer…

Key points

  • Positive: Among the best 6% on equitysector median €425,856 · 1,670 companies €16.7m View
  • Positive: 8 profitable years in a rowprofit 2025: €484,612 8 years View
  • Controlled by TheValueChain Internationalultimately: GUMPTION 100% View
  • Merger with CANGURU SOLUTIONSmerger on 31-12-2025 2025 View
  • New directorlatest change 15-06-2026 · 0 in office 1 joined View
  • Caution: Staff fell in 2025from 108.5 FTE to 80.6 FTE ▼ 25.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€43.6m
Profit
€484,612
Solvency
44.7%
Turnover▼ 5.8%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 28-11-2025Permanent representative: Oversteyns Dieter
  2. 30-06-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
6
Legal form
Public limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
20-07-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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