ACTIVE

THE VALIDATION OFFICE

Export PDF

Financial year 2024 · closed on 30/09/2024

Net result

-57,9 k €

-9.5% YoY

Gross margin

-48,2 k €

+2.5% YoY

Equity

122,4 k €

-32.1% YoY

What does THE VALIDATION OFFICE do?

THE VALIDATION OFFICE is a Private company with limited liability incorporated in 2006. Its registered office is in Merchtem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.256.203

Incorporation

07/02/2006

Legal form

Private company with limited liability

Registered office

Robbroeklaan 11
1785 Merchtem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2024

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-48,2 k €	+2.5%	-49,5 k €	-282%	27,2 k €	+248870%	-11 €	-100%	36,5 k €	+477%	6,3 k €	-67.3%	19,3 k €	-60.7%	49,2 k €	-21.7%	62,8 k €	+215%	-54,8 k €	-165%	84,8 k €	+54.8%	54,8 k €	-9.6%	60,6 k €	-0.4%	60,9 k €	-17.0%	73,3 k €	+19.6%	61,3 k €	+29.7%	47,3 k €	-39.6%	78,3 k €
EBITDA	-58,2 k €	-17.4%	-49,6 k €	-287%	26,6 k €	+4761%	-570,5 €	-102%	36,5 k €	+698%	4,6 k €	-71.5%	16 k €	-66.5%	47,8 k €	-22.6%	61,7 k €	+212%	-55 k €	-165%	84,4 k €	+55.0%	54,5 k €	-8.3%	59,4 k €	-1.1%	60 k €	-16.3%	71,8 k €	+19.4%	60,1 k €	+33.2%	45,1 k €	-41.2%	76,7 k €
Operating result	-58,2 k €	-10.7%	-52,6 k €	-327%	23,2 k €	+641%	-4,3 k €	-113%	32,3 k €	+6013%	529 €	-91.7%	6,4 k €	-83.2%	38,2 k €	-26.8%	52,1 k €	+185%	-61 k €	-175%	81,2 k €	+51.2%	53,7 k €	-4.6%	56,3 k €	-1.7%	57,3 k €	-0.6%	57,7 k €	+18.9%	48,5 k €	+47.5%	32,9 k €	-55.3%	73,5 k €
Net result	-57,9 k €	-9.5%	-52,8 k €	-443%	15,4 k €	+437%	-4,6 k €	-121%	21,9 k €	+4058%	-553,3 €	-120%	2,8 k €	-88.9%	25,4 k €	-43.9%	45,3 k €	+176%	-59,7 k €	-190%	66,5 k €	+53.8%	43,2 k €	-5.6%	45,8 k €	+8.2%	42,3 k €	+6.7%	39,7 k €	+8.5%	36,6 k €	+48.6%	24,6 k €	-52.6%	51,9 k €
Balance sheet
Equity	122,4 k €	-32.1%	180,3 k €	-22.7%	233,1 k €	+6.7%	218,5 k €	-2.0%	223 k €	+10.4%	201,9 k €	-0.3%	202,5 k €	+1.4%	199,7 k €	+14.6%	174,2 k €	+35.5%	128,6 k €	-31.7%	188,3 k €	+24.0%	151,8 k €	+39.8%	108,6 k €	+72.9%	62,8 k €	+207%	20,5 k €	-84.5%	131,7 k €	+38.4%	95,1 k €	+46.5%	64,9 k €
Total assets	126,6 k €	-34.5%	193,1 k €	-23.4%	252,1 k €	+11.6%	225,9 k €	-14.4%	264 k €	+12.8%	234,1 k €	+7.8%	217 k €	-9.7%	240,4 k €	+26.3%	190,3 k €	+35.3%	140,6 k €	-46.8%	264,3 k €	+50.0%	176,2 k €	+40.5%	125,4 k €	+49.9%	83,7 k €	-57.7%	198 k €	+3.5%	191,3 k €	+76.1%	108,6 k €	-20.3%	136,3 k €
Cash	111,8 k €	-35.3%	172,7 k €	-14.5%	202 k €	+6.6%	189,5 k €	-9.4%	209,2 k €	+6.4%	196,7 k €	+10.6%	177,9 k €	-0.2%	178,3 k €	+14.5%	155,7 k €	+46.2%	106,5 k €	-48.2%	205,8 k €	+48.2%	138,9 k €	+112%	65,5 k €	+10.0%	59,6 k €	-66.1%	175,8 k €	+5.8%	166,2 k €	+141%	69 k €	-13.9%	80,1 k €
Debts	4,2 k €	-67.7%	12,9 k €	-32.4%	19,1 k €	+156%	7,4 k €	-81.5%	40,2 k €	+58.9%	25,3 k €	+74.0%	14,5 k €	-63.9%	40,2 k €	+158%	15,6 k €	+29.5%	12 k €	-81.7%	66 k €	+171%	24,3 k €	+44.8%	16,8 k €	-19.4%	20,9 k €	-88.2%	177,1 k €	+199%	59,2 k €	+340%	13,5 k €	-81.1%	71,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active · 1 ended

Active mandates

Johan Meyts

Director

Active

Ended mandates

Johan Meyts

Manager

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/09/2025	04/09/2025	03/05/2023	28/11/2022	29/04/2021	17/03/2020
General meeting	15/02/2025	17/02/2024	18/02/2023	19/02/2022	20/02/2021	15/02/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2024	15/02/2025	04/09/2025	Dutch	PDF
Micro model	30/09/2023	17/02/2024	04/09/2025	Dutch	PDF
Micro model	30/09/2022	18/02/2023	03/05/2023	Dutch	PDF
Micro model	30/09/2021	19/02/2022	28/11/2022	Dutch	PDF
Micro model	30/09/2020	20/02/2021	29/04/2021	Dutch	PDF
Micro model	30/09/2019	15/02/2020	17/03/2020	Dutch	PDF
Micro model	30/09/2018	16/02/2019	25/03/2019	Dutch	PDF
Micro model	30/09/2017	17/02/2018	27/03/2018	Dutch	PDF
Abridged model	30/09/2016	18/02/2017	08/05/2017	Dutch	PDF
Abridged model	30/09/2015	20/02/2016	10/05/2016	Dutch	PDF
Abridged model	30/09/2014	30/12/2014	20/02/2015	Dutch	PDF
Abridged model	30/09/2013	15/02/2014	24/03/2014	Dutch	PDF
Abridged model	30/09/2012	16/02/2013	29/04/2013	Dutch	PDF
Abridged model	30/09/2011	18/02/2012	27/02/2012	Dutch	PDF
Abridged model	30/09/2010	19/02/2011	23/03/2011	Dutch	PDF
Abridged model	30/09/2009	20/02/2010	26/02/2010	Dutch	PDF
Abridged model	30/09/2008	21/02/2009	18/03/2009	Dutch	PDF
Abridged model	30/09/2007	16/02/2008	25/03/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active · 1 ended

Active mandates

Johan Meyts

Director

Active

Ended mandates

Johan Meyts

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office08/08/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other21/02/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-57,9 k €↓
2023
Annual accounts 2023-52,8 k €↓
2022
Annual accounts 202215,4 k €↑
2021
Annual accounts 2021-4,6 k €↓
2020
Annual accounts 202021,9 k €↑
2019
Annual accounts 2019-553,3 €↓
2018
Annual accounts 20182,8 k €↓
2017
Annual accounts 201725,4 k €↓
2016
Annual accounts 201645,3 k €↑
2015
Annual accounts 2015-59,7 k €↓
2014
Annual accounts 201466,5 k €↑
2013
Annual accounts 201343,2 k €↓
2012
Annual accounts 201245,8 k €↑
2011
Annual accounts 201142,3 k €↑
2010
Annual accounts 201039,7 k €↑
2009
Annual accounts 200936,6 k €↑
2008
Annual accounts 200824,6 k €↓
2007
Annual accounts 200751,9 k €
07/02/2006
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

THE VALIDATION OFFICE

Overview

What does THE VALIDATION OFFICE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline