Result
The result fell in 2025 from €546,023 to €320,032.
The result fell in 2025 from €546,023 to €320,032.
In 2025, 39 people joined and 35 left.
VOLUIT pays its suppliers 3 days later than in 2024. Customers pay 17 days later.
The 2019 accounts came 53 days late. The other nine of the last ten were filed on time.
More equity than 95% of companies in retail trade. Sector median €235,890 · 12,862 companies.
Flemish support, mostly Persoonsvolgend budget voor personen met een handicap (PVB).
The dashed line is the sector median: 0.4% across 385 companies (NACE 47, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 47, medium-sized). It does better than 65% of them on solvency, 67% on liquidity, 87% on profitability and 39% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,887 companies had the same profile as VOLUIT has now. Each dot stands for 5 companies, two years later.
That fits the bankruptcy probability of VOLUIT itself: < 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for VOLUIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.49 (1.71 in 2024), below the usual 1.5. Short-term debt is 24.8% and cash 6.6% of total assets. 60.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| VOLUIT Evergem | €2.3m | 16.5% | 39.9% | 206.2 |
| SG LIGHTING SA/NV Mechelen | €34.1m | 7.7% | 78.3% | 52.5 |
| GEVE Kontich | - | - | 49.2% | - |
| CREATIO Wijnegem | - | - | 28.9% | - |
| MARO Ravels | - | - | 51.2% | - |
| OFFERMANN SALONS ET DECORATION Grez-Doiceau | - | - | 78.0% | - |
| PYROTECH Charleroi | - | - | 47.3% | - |
Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as VOLUIT: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €2.2m and €27m, founded between 1974 and 1998.
VOLUIT has existed since 1980. The present size dates from 2023. Turnover rose that year from €848,768 to €2.1m and staff from 117.9 to 190.1 full-time equivalents. On 1 January 2023 two sites were added.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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