VALORLUB
ActiveSummary
VALORLUB has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.35M and a net result of €263k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▼-20
Solvency76▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 2.12 in 2023; short-term debt: 49.5% and cash: 14% of total assets), and 49.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
50.5%
Return on assets
4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
47 d early
2022
33 d early
2021
33 d early
2020
36 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.35M▲ 8.5%
2023 · €3.08M
2018: €2.43M
2019: €2.26M
2020: €1.77M
2021: €1.21M
2022: €2.40M
2023: €3.08M
2018 → 2024
Total assets
€6.62M▲ 13.7%
2023 · €5.82M
2018: €4.19M
2019: €4.50M
2020: €4.05M
2021: €3.61M
2022: €5.79M
2023: €5.82M
2018 → 2024
Net result
€263k▼ 61.3%
2023 · €680k
2018: €-11k
2019: €-177k
2020: €-490k
2021: €-555k
2022: €1.19M
2023: €680k
2018 → 2024
Working capital
€3.35M▲ 8.5%
2023 · €3.08M
2018: €2.43M
2019: €2.26M
2020: €1.77M
2021: €1.21M
2022: €2.40M
2023: €3.08M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.77M-€1.21M▼ 31.4%€2.40M▲ 98.1%€3.08M▲ 28.3%€3.35M▲ 8.5%
Operating result€-489k-€-543k▼ 10.9%€1.19M€637k▼ 46.5%€261k▼ 59.0%
Net result€-490k-€-555k▼ 13.4%€1.19M€680k▼ 42.8%€263k▼ 61.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 59% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €6.62M
Equity
€3.35M ▲ 8.5%
Debt
€3.28M ▲ 19.5%
Debt's share of the balance-sheet total rises from 47.1% to 49.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.02▼
2023 · 2.12
Debt to equity
0.98▲
2023 · 0.89
ROE
7.9%▼
2023 · 22.1%
ROA
4.0%▼
2023 · 11.7%
Debt ≤ 1 year
€3.28M▲
2023 · €2.74M
Income taxes
€5k▼
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet
Code20232024
Assets
Total assets20/58€5.82M€6.62M▲
Current assets29/58€5.82M€6.62M▲
Amounts receivable within one year40/41€354k€408k▲
Trade receivables40€64k€79k▲
Other amounts receivable41€290k€329k▲
Current investments50/53€1.26M€5.27M▲
Cash at bank and in hand54/58€4.19M€930k▼
Deferred charges and accrued income490/1€16k€20k▲
Equity and liabilities
Total equity and liabilities10/49€5.82M€6.62M▲
Equity10/15€3.08M€3.35M▲
Reserves13€3.08M€3.35M▲
Amounts payable17/49€2.74M€3.28M▲
Amounts payable within one year42/48€2.74M€3.28M▲
Trade debts44€2.74M€3.28M▲
Suppliers440/4€2.74M€3.28M▲
Income statement
Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-459€-459=
Other operating charges640/8€4k€11k▲
Gross operating margin9900€640k€272k▼
Operating profit (loss)9901€637k€261k▼
Financial income75/76B€63k€7k▼
Recurring financial income75€63k€7k▼
Financial charges65/66B€434€172▼
Recurring financial charges65€434€172▼
Profit (loss) for the period before taxes9903€699k€268k▼
Income taxes67/77€19k€5k▼
Profit (loss) for the period9904€680k€263k▼
Profit (loss) for the period to be appropriated9905€680k€263k▼
Appropriation of the result
Profit (loss) to be appropriated9906€680k€263k▼
To contributions691€680k€263k▼
Timeline · acts, filings and financial milestones
2026
02-02
State Gazette act
Reappointments: Jo Vandeweghe, Tine Cattoor and 2 othersAppointment: Jo Vandeweghe (chair)6 facts ▸
State Gazette act
Reappointments: Jo Vandeweghe, Tine Cattoor and 2 others
Appointment: Jo Vandeweghe (chair)6 facts ▸
- General meeting, 03-12-2025
- Director reappointment, Jo Vandeweghe (director)
- Director reappointment, Tine Cattoor (director)
- Director reappointment, Manuela Fiorucci (director)
- Director reappointment, Henriane Gilliot (director)
- Director appointment, Jo Vandeweghe (chair)
2025
11-12
State Gazette act
Resignation: Deloitte bedrijfsrevisoren BV (statutory auditor)Appointment: VGD bedrijfsrevisoren (statutory auditor) · Permanent representative: Magdalena Xenos4 facts ▸
State Gazette act
Resignation: Deloitte bedrijfsrevisoren BV (statutory auditor)
Appointment: VGD bedrijfsrevisoren (statutory auditor) · Permanent representative: Magdalena Xenos4 facts ▸
- General meeting, 24-09-2025
- Auditor resignation, Deloitte bedrijfsrevisoren BV
- Auditor appointment, VGD bedrijfsrevisoren (statutory auditor)
- Permanent representative, Magdalena Xenos
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-10
State Gazette act
Appointment: Henriane Gilliot (director)Resignation: Nathalie De Greve (director)3 facts ▸
State Gazette act
Appointment: Henriane Gilliot (director)
Resignation: Nathalie De Greve (director)3 facts ▸
- General meeting, 11-06-2024
- Director appointment, Henriane Gilliot (director)
- Director resignation, Nathalie De Greve (director)
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
12-06
State Gazette act
Appointment: Nathalie De Greve (director)Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Nico Houthaeve · Mandate term6 facts ▸
State Gazette act
Appointment: Nathalie De Greve (director)
Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Nico Houthaeve · Mandate term6 facts ▸
- General meeting, 25-04-2023
- Director appointment, Nathalie De Greve (director)
- Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Nico Houthaeve
- Mandate term, vervalt na de algemene vergadering der leden die de jaarrekening per 31/12/2025 dient goed te keuren
- Mandate compensation, Nico Houthaeve
12-06
State Gazette act
Statutes amendment2 facts ▸
State Gazette act
Statutes amendment
2 facts ▸
- General meeting, 25-04-2023
- Statutes amendment
12-04
State Gazette act
Reappointments: Joseph Vandeweghe (director and chair) and Tine Cattoor (director)Appointment: Manuela Fiorucci (director) · Resignation: Nathalie De Greve (director)5 facts ▸
State Gazette act
Reappointments: Joseph Vandeweghe (director and chair) and Tine Cattoor (director)
Appointment: Manuela Fiorucci (director) · Resignation: Nathalie De Greve (director)5 facts ▸
- General meeting, 01-02-2023
- Director reappointment, Joseph Vandeweghe (director and chair)
- Director reappointment, Tine Cattoor (director)
- Director appointment, Manuela Fiorucci (director)
- Director resignation, Nathalie De Greve (director)
2022
31-12
Financial
Back to profitnet €1.19M
Net result €1.19M after 4 loss-making years.
31-12
Financial
Equity above €2MEq €2.40M ▲98.1%
Equity rises from €1.21M to €2.40M.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
12-01
State Gazette act
Resignation: Charles Devroey (director)Appointment: Tine Cattoor (director)3 facts ▸
State Gazette act
Resignation: Charles Devroey (director)
Appointment: Tine Cattoor (director)3 facts ▸
- General meeting, 08-12-2021
- Director resignation, Charles Devroey (director)
- Director appointment, Tine Cattoor (director)
2021
31-12
Financial
Weakest financial yearnet €-555k
Net result drops to €-555k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
State Gazette act
Reappointment: CVBA Bedrijfsrevisoren Deloitte (statutory auditor)Permanent representative: Nico Houthaeve · Mandate compensation4 facts ▸
State Gazette act
Reappointment: CVBA Bedrijfsrevisoren Deloitte (statutory auditor)
Permanent representative: Nico Houthaeve · Mandate compensation4 facts ▸
- General meeting, 23-06-2020
- Auditor reappointment, CVBA Bedrijfsrevisoren Deloitte (statutory auditor)
- Permanent representative, Nico Houthaeve
- Mandate compensation, CVBA Bedrijfsrevisoren Deloitte
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
03-03
State Gazette act
Reappointments: Vandeweghe Joseph (director) and Devroey Charles (director)Appointments: Vandeweghe Joseph (chair) and De Greve Nathalie (director) · Resignation: Fiorucci Manuela (director)6 facts ▸
State Gazette act
Reappointments: Vandeweghe Joseph (director) and Devroey Charles (director)
Appointments: Vandeweghe Joseph (chair) and De Greve Nathalie (director) · Resignation: Fiorucci Manuela (director)6 facts ▸
- General meeting, 03-12-2019
- Director reappointment, Vandeweghe Joseph (director)
- Director appointment, Vandeweghe Joseph (chair)
- Director reappointment, Devroey Charles (director)
- Director resignation, Fiorucci Manuela (director)
- Director appointment, De Greve Nathalie (director)
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-10
State Gazette act
Reappointment: CVBA Deloitte Bedrijfsrevisoren (statutory auditor)Permanent representative: Nico Houthaeve · Mandate compensation4 facts ▸
State Gazette act
Reappointment: CVBA Deloitte Bedrijfsrevisoren (statutory auditor)
Permanent representative: Nico Houthaeve · Mandate compensation4 facts ▸
- General meeting, 26-06-2017
- Auditor reappointment, CVBA Deloitte Bedrijfsrevisoren
- Permanent representative, Nico Houthaeve
- Mandate compensation, CVBA Deloitte Bedrijfsrevisoren
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-12
State Gazette act
Resignations: Joseph Vandeweghe, Charles Devroey and Nathalie De GreveAppointments: Joseph Vandeweghe (director and chair) and Manuela Fiorucci (director) · Reappointment: Charles Devroey (director)7 facts ▸
State Gazette act
Resignations: Joseph Vandeweghe, Charles Devroey and Nathalie De Greve
Appointments: Joseph Vandeweghe (director and chair) and Manuela Fiorucci (director) · Reappointment: Charles Devroey (director)7 facts ▸
- General meeting, 05-12-2016
- Director resignation, Joseph Vandeweghe (director and chair)
- Director resignation, Charles Devroey (director)
- Director resignation, Nathalie De Greve (director)
- Director appointment, Joseph Vandeweghe (director and chair)
- Director reappointment, Charles Devroey (director)
- Director appointment, Manuela Fiorucci (director)
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
29-01
State Gazette act
Resignation: Manuela Fiorucci (director)Appointment: Nathalie De Greve (director)3 facts ▸
State Gazette act
Resignation: Manuela Fiorucci (director)
Appointment: Nathalie De Greve (director)3 facts ▸
- General meeting, 22-10-2013
- Director resignation, Manuela Fiorucci (director)
- Director appointment, Nathalie De Greve (director)
2013
18-12
State Gazette act
Resignations: Luc Deurinck, Charles Devroey and Manuela FiorucciAppointments: Joseph Vandeweghe (director and chair) and Manuela Fiorucci (director) · Reappointment: Charles Devroey (director)7 facts ▸
State Gazette act
Resignations: Luc Deurinck, Charles Devroey and Manuela Fiorucci
Appointments: Joseph Vandeweghe (director and chair) and Manuela Fiorucci (director) · Reappointment: Charles Devroey (director)7 facts ▸
- General meeting, 22-10-2013
- Director resignation, Luc Deurinck (director and chair)
- Director resignation, Charles Devroey (director)
- Director resignation, Manuela Fiorucci (director)
- Director appointment, Joseph Vandeweghe (director and chair)
- Director reappointment, Charles Devroey (director)
- Director appointment, Manuela Fiorucci (director)
2010
09-12
State Gazette act
Resignations: Luk Deurinck, Charles Devroey and Nathalie De GreveReappointments: Luk Deurinck (director) and Charles Devroey (director) · Appointment: Manuela Fiorucci (director)7 facts ▸
State Gazette act
Resignations: Luk Deurinck, Charles Devroey and Nathalie De Greve
Reappointments: Luk Deurinck (director) and Charles Devroey (director) · Appointment: Manuela Fiorucci (director)7 facts ▸
- General meeting, 01-10-2010
- Director resignation, Luk Deurinck (director)
- Director resignation, Charles Devroey (director)
- Director resignation, Nathalie De Greve (director)
- Director reappointment, Luk Deurinck (director)
- Director reappointment, Charles Devroey (director)
- Director appointment, Manuela Fiorucci (director)
2006
07-04
State Gazette act
Appointment: Frank Vanderpooten (algemeen directeur)2 facts ▸
State Gazette act
Appointment: Frank Vanderpooten (algemeen directeur)
2 facts ▸
- Board meeting, 17-06-2005
- Director appointment, Frank Vanderpooten (algemeen directeur)
2005
28-02
State Gazette act
Admissions: ASBL Fédération Pétrolière Belge (FPB), ASBL Industrie des Huiles Minérales de Belgique (IHMB) and 2 othersAppointments: Deurinck Luc (director) and Vanheers Martine (director)7 facts ▸
State Gazette act
Admissions: ASBL Fédération Pétrolière Belge (FPB), ASBL Industrie des Huiles Minérales de Belgique (IHMB) and 2 others
Appointments: Deurinck Luc (director) and Vanheers Martine (director)7 facts ▸
- General meeting, 11-01-2005
- Member admission, ASBL Fédération Pétrolière Belge (FPB)
- Member admission, ASBL Industrie des Huiles Minérales de Belgique (IHMB)
- Member admission, ASBL Fédération Belge des Entreprises de Distribution (Fedis)
- Member admission, ASBL Confédération du Commerce et de la Réparation automobiles et des Secteurs connexes, Federauto
- Director appointment, Deurinck Luc
- Director appointment, Vanheers Martine
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
Directors · office · real estate
Directors
7 directors, no change since 2025
Jo Vandeweghe
CurrentDirector · since 03-12-2025
Henriane Gilliot
CurrentDirector · since 11-06-2024
Manuela Fiorucci
CurrentDirector · since 03-12-2022
Tine Cattoor
CurrentDirector · since 08-12-2021
Joseph Vandeweghe
CurrentDirector and chair · since 05-12-2016
Frank Vanderpooten
Not recently confirmedAlgemeen directeur · since 01-07-2005
1 other director
Martine Vanheers
Not recently confirmedDirector · since 11-01-2005
03-12-2025
Jo Vandeweghe: Mandate renewed as Director
03-12-2025
Jo Vandeweghe: Appointed as Chair
03-12-2025
Henriane Gilliot: Mandate renewed as Director
03-12-2025
Manuela Fiorucci: Mandate renewed as Director
03-12-2025
Tine Cattoor: Mandate renewed as Director
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Lazaruslaan 4-101210 Sint-Joost-ten-NodeGround area
3,162 m²
Building footprint
2,256 m²
Volume, LiDAR
107,414 m³
Parcel 21014A0112/00K002, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| VGD BedrijfsrevisorenCurrent Statutory auditor · represented by Magdalena Xenos | 01-01-2025 → present |
Show 2 earlier auditors
| DELOITTE Bedrijfsrevisoren BV Statutory auditor · represented by Nico Houthaeve succeeded by VGD Bedrijfsrevisoren in 2025 | 25-04-2023 → 01-01-2025 |
| Deloitte bedrijfsrevisoren CVBA Statutory auditor · represented by Nico Houthaeve succeeded by DELOITTE Bedrijfsrevisoren BV in 2023 | 26-06-2017 → 25-04-2023 |
Articles of association
Purpose
L'Association a pour but désintéressé de défendre les intérêts de ses membres et adhérents, tant en Belgique qu'à l'étranger, dans la mesure où ces intérêts sont relatifs à…
Full purpose
L'Association a pour but désintéressé de défendre les intérêts de ses membres et adhérents, tant en Belgique qu'à l'étranger, dans la mesure où ces intérêts sont relatifs à l'organisation et à l'exécution de la responsabilité élargie du producteur concernant les huiles usagées, telle que fixée par les législations européennes, fédérales et régionales respectives et par les conventions conclues à ce sujet avec les trois Régions, ainsi qu'à toute évolution future à ce sujet.
Structure & network
Connections & network
8 connected companiesLinked via shared directors
via Tine Cattoor · Permanent representative
→
via Manuela Fiorucci and Joseph Vandeweghe · Director
→
via Joseph Vandeweghe · Director
→
via Manuela Fiorucci · Permanent representative
→
Show 4 more companies with a shared director
Recognitions · licences · registrations
Legal Entity Identifier
875500RI389AL6YF9932
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Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded31-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.