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Under The Volcano

Active
Private limited companyfounded 2021active for 5 yearsCaverstraat 29, 8490 Jabbeke, BelgiumKBO/BCE: BE 0769.352.035

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Under The Volcano has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,524 and a net result of €12,025. Equity has been growing by about 24% per year since 2021. Its solvency ranks better than 90% of 8,575 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 04-06-2021 Normal situation
Activity
Public relations and communication consultancy NACE 73300and 2 others
Establishment unit
2.317.954.857 8490 Jabbeke, since 04-06-2021
Financial year end
31 December
Peppol
Reachable since 13-12-2022

Board and ownership

Board
  • Keyaerts GeertDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€25,835
▼ 47.3%
Turnover
≈ €74,000
estimated
Profit
€12,025
▼ 61.5%
Equity
€76,524
▲ 18.6%
Total assets
€83,345
▲ 15.9%
Filed on 23-06-2026, 38 days before the deadlineat the National Bank
Score breakdownlowers riskLiquidity: current ratio 9.56, cash €51,146Equity €76,524 (91.8% of total assets)Sector: Advertising, market research and public relations activities (NACE 73)Figures for financial year 2025 (filed on 23-06-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 79% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 91.8% of total assets
Liquidity 100+39
short-term debt 8.2% · cash 61.4%
Profitability 87-13
return on assets 14.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 11-2024: 0.8%highest value 12-2024: 0.8%● unchanged vs 11-2024highest value 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.6%▼ -0.2 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.4%▼ -0.3 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.6 percentage points vs 06-2026lowest value 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 of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.56 (6.52 in 2024), above the usual 1.5. Short-term debt is 8.2% and cash 61.4% of total assets. 8.2% of the assets are financed with debt and provisions.
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 73, micro). It does better than 87% of them on solvency, 97% on liquidity, 63% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 9.56, cash €51,146
NBB · annual accounts
lowers risk · Equity €76,524 (91.8% of total assets)
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Figures for financial year 2025 (filed on 23-06-2026)
NBB · annual accounts
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 · 5 filings
Deviation from the deadline
2025
38 days early
2024
17 days early
2023
33 days early
2022
24 days early
2021
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 25 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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
01-11-2026 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

Key points

  • Positive: Higher solvency than 90% of companies in advertising and market researchsector median 53.4% · 8,575 companies 91.8% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €12,025 5 years View

Comparable companies

These companies have the same main activity as Under The Volcano: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €74,000 and €97,300, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Under The Volcano Jabbeke€83,345€25,835
Marketingboetiek Anzegem€83,810€27,714
Ph. S Projects Anzegem€97,261€29,285
The Plug Antwerpen€92,584€27,061
BE A LEGEND SPORTSMEDIA Hasselt€74,041€25,180
BE Multimodal ConsulT Mouscron€81,111€27,502
ORIO Liège€76,353€24,355
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Under The Volcano

What is the company number of Under The Volcano?
The company number of Under The Volcano is 0769.352.035. The VAT number is the same number with BE in front: BE 0769.352.035.
Where is Under The Volcano based?
The registered office is at Caverstraat 29, 8490 Jabbeke.Company details
What does Under The Volcano do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of Under The Volcano?
The legal form of Under The Volcano is Private limited company (BV).
When was Under The Volcano founded?
Under The Volcano was founded on 04-06-2021.
Is Under The Volcano still active?
Yes, Under The Volcano is an active enterprise in the KBO register.
What is the turnover of Under The Volcano?
The turnover in financial year 2025 is ≈ €74,000. This figure is estimated from the gross margin of €25,835 and 30 comparable companies (NACE 73). It probably lies between €49,000 and €97,000.Financials
Is Under The Volcano profitable?
In financial year 2025, Under The Volcano made a profit of €12,025.
Where can I find the annual accounts of Under The Volcano?
Under The Volcano filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Under The Volcano due?
Under The Volcano must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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