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VOLUIT

Active Non-profit associationfounded 1980active for 46 yearsKramershoek 39, 9940 EvergemKBO/BCE: BE 0420.982.473 #1 employer in Evergem, Wholesale and retail trade sector

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €2.3m (2024)
€2.3m▼ 1.8%
lowest -€443,777 (2022)
€320,032▼ 41.4%
peak €7.5m (2025)
€7.5m▲ 3.1%
€11.3m▼ 1.9%
peak 206.2 FTE (2025)
206.2 FTE▲ 3.8%
Board18 names since 2018all names
12 directorsAnne Grawet and 11 others
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Result from €546,023 to €320,0321 establishment registered

Key points

from the 2025 annual accounts

Result

€320,032 ▼ 41.4%
€546,0002024€320,0002025

The result fell in 2025 from €546,023 to €320,032.

Staff

260 employees on 31-12-2025
34302021302720221506520237559202439352025

In 2025, 39 people joined and 35 left.

Payment terms

61 days to suppliers
Suppliers
58 to 61
Customers
74 to 91

VOLUIT pays its suppliers 3 days later than in 2024. Customers pay 17 days later.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The 2019 accounts came 53 days late. The other nine of the last ten were filed on time.

Position in the sector

€7.5m

More equity than 95% of companies in retail trade. Sector median €235,890 · 12,862 companies.

Public support

€20.4m awarded from 2022 to 2025
2022202320242025

Flemish support, mostly Persoonsvolgend budget voor personen met een handicap (PVB).

Checked score

96
Excellent
Financially stronger than 65% of medium-sized companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: < 0.1% 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 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged 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 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 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 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

65+1equity 39.9% of total assets
49-5short-term debt 24.8% · cash 6.6%
81-1return on assets 1.7%

Score breakdown

raises risk
Liquidity: current ratio 1.49, cash €1.2m
Sector: Retail trade (NACE 47)
lowers risk
Legal form: non-profit association
Founded in 1980
Calculation

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).

Comparable companies, two years later

In July 2024, 1,887 companies had the same profile as VOLUIT has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of VOLUIT itself: < 0.1% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €220,000 on 30-day terms is acceptable

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.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Liquidity: current ratio 1.49, cash €1.2m
NBB · annual accounts
lowers risk · Founded in 1980
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
16 days early
2023
20 days early
2022
32 days early
2021
24 days early
2020
29 days early
2019
53 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AG
Director, since 01-01-2023
BT
Director
CD
Director, since 01-01-2023
CV
Director, since 01-01-2023
JA
Director, since 01-01-2023
FM
Auditor, Thomas VERHAMME
and 7 othersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0420982473
Environmental permit granted Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Evergem
New establishment in Evergem Den Hannekesnest, Burggravenlaan 7
Appointment: FORVIS MAZARS BEDRIJFSREVISOREN (statutory auditor) General meeting of 10-06-2024 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
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% -
-10%0%10%20%€2m€20m€200m€2bnVOLUITEBIT margin

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.

Official details

Source: KBO
Status
Active since 13-10-1980Normal situation
Activity
Retail sale of lighting equipmentNACE 47552and 2 others
Joint committee
319.01Educational and residential institutions · annual accounts 2025
Establishment units
2.155.023.6609940 Evergem, since 11-07-2006
2.229.664.7649940 Evergem, since 28-04-2014and 5 others
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€19.2m▲ 5.5%
€18.9m=
Employeeson 31-12-2025
260▲ 1.6%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on VOLUIT

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.

Key facts about VOLUIT

What is the company number of VOLUIT?
The company number of VOLUIT is 0420.982.473. The VAT number is the same number with BE in front: BE 0420.982.473.
Where is VOLUIT based?
The registered office is at Kramershoek 39, 9940 Evergem.Company details
What does VOLUIT do?
According to the KBO register, the main activity is retail sale of lighting equipment (NACE 47552).
What is the legal form of VOLUIT?
VOLUIT is a non-profit association (VZW).
When was VOLUIT founded?
VOLUIT was founded on 13-10-1980.
Is VOLUIT still active?
Yes, VOLUIT is an active enterprise in the KBO register.
How many employees does VOLUIT have?
VOLUIT had an average of 206.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VOLUIT fall under?
In its 2025 annual accounts, VOLUIT states joint committee 319.01 (Educational and residential institutions).
What is the turnover of VOLUIT?
The turnover of VOLUIT was €2.3m in financial year 2025, according to the filed annual accounts.
Is VOLUIT profitable?
In financial year 2025, VOLUIT made a profit of €320,032.
Where can I find the annual accounts of VOLUIT?
VOLUIT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VOLUIT due?
VOLUIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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