VOCALCOM
ActiveSummary
VOCALCOM has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€195,087) and a net result of €138,612. Equity has been growing by about 39% per year since 2018. Its solvency ranks better than 9% of 5,040 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-02-1982 Normal situation
- Activity
- Retail sale of information and communication equipment NACE 47400and 1 other
- Establishment unit
- 2.102.339.792 1831 Machelen (Brab.), since 24-02-1982
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- VOCALCOM SASDirector
- VOCALCOMDirector
- Vocalcom SASconsolidatesannual accounts 2025
- Vocalcomannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.4%
- Gross margin
- €1.1m
- ▼ 2.3%
- Turnover
- ≈ €4.4m
- estimated
- Profit
- €138,612
- ▼ 43.5%
- Equity
- -€195,087
- ▲ 41.5%
- Total assets
- €1.9m
- ▲ 35.2%
- Employees on 31-12-2025
- 5
- ▼ 16.7%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€195,087Sector: Retail trade (NACE 47)lowers riskLegal form: public limited companySize: 5 FTE, total assets €1.9mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 16% of them on solvency, 15% on liquidity, 67% on profitability and 84% on growth.
The bankruptcy probability was computed on 04-11-2026 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 low class on 30-06-2025, 0.8% 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).
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
The company filed its last 7 accounts on average 15 days after 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)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 42 filings
Every figure per financial year
The operating result for 2025 is 46% lower than in 2024.
- 2023 Equity -54% on 2022. Capital reduction of €863,385 (Official Gazette 13-01-2023).
- 2021 Net result +3,921% on 2020. The 2021 profit included a one-off income of €914,031.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 8 | 8 | 6 | 5 |
| full-time | 8 | 6 | 6 | 5 | 5 |
| part-time | 2 | 2 | 2 | 1 | 0 |
| in full-time equivalents | 8.6 | 7 | 7 | 5.8 | 5 |
| Average over the year, in full-time equivalents | 8.6 | 8.1 | 7 | 6 | 5.4 |
| On a permanent contract | 10 | 8 | 8 | 6 | 5 |
| Joined | - | 0 | - | 0 | 0 |
| Left | - | 2 | - | 2 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €958 | - | - | - |
| Financial fixed assets | - | - | - | €0 | €0 |
| Depreciation and write-downs of the year | €3,773 | €2,958 | €1,952 | €1,886 | €1,454 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.9m | €0.3m | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.1m | €1.0m | €1.3m | €0.9m | €1.0m | ▲ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.008m | €0.008m | €0.006m | €0.004m | €0.003m | €0.002m | €0.002m | €0.001m | ▼ 22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.002m | €0.02m | €0.06m | -€0.01m | -€0.002m | ▲ 78.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €0.2m | -€0.2m | €0 | - | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.003m | €0.01m | €0.004m | €0.003m | ▼ 2.5% |
| Non-recurring operating charges66A | - | - | - | - | €0.002m | €340 | €0.003m | €0 | ▼ 100% |
| Gross operating margin9900 | €1.0m | €1.1m | €1.2m | €2.1m | €1.8m | €1.0m | €1.2m | €1.1m | ▼ 2.3% |
| Operating profit (loss)9901 | -€0.09m | €0.1m | €0.04m | €1.1m | €0.6m | -€0.2m | €0.3m | €0.1m | ▼ 46.0% |
| Financial income75/76B | - | - | - | - | €0.008m | €0 | - | €0.002m | - |
| Recurring financial income75 | - | €0.002m | €0.001m | - | €0.008m | €0 | - | €0.002m | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.003m | ▼ 80.1% |
| Recurring financial charges65 | €0.02m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.003m | ▼ 80.1% |
| Profit (loss) for the period before taxes9903 | -€0.1m | €0.1m | €0.03m | €1.0m | €0.6m | -€0.2m | €0.2m | €0.1m | ▼ 43.2% |
| Income taxes67/77 | -€87 | €0.004m | €0.003m | €0.002m | €291 | €0.02m | €0.002m | €0.002m | ▼ 16.0% |
| Profit (loss) for the period9904 | -€0.1m | €0.09m | €0.03m | €1.0m | €0.6m | -€0.2m | €0.2m | €0.1m | ▼ 43.5% |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | €0.09m | €0.03m | €1.0m | €0.6m | -€0.2m | €0.2m | €0.1m | ▼ 43.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.3m | €1.1m | €1.0m | €0.9m | €1.0m | €1.1m | €1.4m | €1.9m | ▲ 35.2% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.03m | ▼ 85.0% |
| Tangible fixed assets22/27 | €0.02m | €0.02m | €0.01m | €0.008m | €0.006m | €0.004m | €0.002m | €235 | ▼ 86.1% |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.006m | €0.004m | €0.002m | €235 | ▼ 86.1% |
| Furniture and vehicles24 | - | - | - | €315 | €24 | €0 | €0 | €0 | ▼ 100% |
| Financial fixed assets28 | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.03m | ▼ 84.9% |
| Current assets29/58 | €1.0m | €0.8m | €0.8m | €0.7m | €0.8m | €0.9m | €1.2m | €1.9m | ▲ 51.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.1m | €0.2m | €0.3m | €0.6m | €0.9m | ▲ 49.1% |
| Trade receivables290 | - | - | - | €0.1m | €0.2m | €0.3m | €0.6m | €0.9m | ▲ 49.1% |
| Stocks and contracts in progress3 | €0.02m | €0.02m | €0.02m | €0.02m | €0 | - | - | - | - |
| Stocks30/36 | - | - | - | €0.02m | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €0.8m | €0.5m | €0.3m | €0.4m | €0.4m | €0.4m | €0.6m | €0.8m | ▲ 32.1% |
| Trade receivables40 | - | - | - | €0.4m | €0.4m | €0.4m | €0.6m | €0.8m | ▲ 32.1% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.001m | €0 | €0.002m | €0.002m | ▼ 0.2% |
| Cash at bank and in hand54/58 | €0.007m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.01m | €0.2m | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.04m | €0.03m | €0.02m | €0.01m | ▼ 49.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.3m | €1.1m | €1.0m | €0.9m | €1.0m | €1.1m | €1.4m | €1.9m | ▲ 35.2% |
| Equity10/15 | -€2.1m | -€2.0m | -€2.0m | -€1.0m | -€0.4m | -€0.6m | -€0.3m | -€0.2m | ▲ 41.5% |
| Contributions10/11 | €0.9m | €0.9m | €0.9m | €0.9m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.9m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.9m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | -€3.1m | -€3.0m | -€3.0m | -€2.0m | -€0.5m | -€0.7m | -€0.5m | -€0.3m | ▲ 30.7% |
| Provisions and deferred taxes16 | €449 | - | - | - | €0.2m | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €0.2m | €0 | - | - | - |
| Other liabilities and charges164/5 | - | - | - | - | €0.2m | €0 | - | - | - |
| Amounts payable17/49 | €3.5m | €3.2m | €3.0m | €1.9m | €1.2m | €1.7m | €1.7m | €2.1m | ▲ 20.4% |
| Amounts payable within one year42/48 | €3.1m | €2.8m | €2.7m | €1.6m | €0.9m | €1.4m | €1.5m | €1.6m | ▲ 4.4% |
| Trade debts44 | €2.8m | €2.6m | €2.5m | €1.4m | €0.6m | €1.1m | €1.3m | €1.3m | ▲ 1.3% |
| Suppliers440/4 | - | - | - | €1.4m | €0.6m | €1.1m | €1.3m | €1.3m | ▲ 1.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 26.9% |
| Taxes450/3 | - | - | - | €0.04m | €0.08m | €0.07m | €0.04m | €0.08m | ▲ 101% |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 6.9% |
| Other amounts payable47/48 | - | - | - | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.3m | €0.3m | €0.2m | €0.2m | €0.5m | ▲ 121% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.1m | €0.09m | €0.03m | €1.0m | €0.6m | -€0.2m | €0.2m | €0.1m | ▼ 43.5% |
| + Depreciation and write-downs630 | €0.008m | €0.008m | €0.006m | €0.004m | €0.003m | €0.002m | €0.002m | €0.001m | ▼ 22.9% |
| Operating cash flow (approximation) | -€0.1m | €0.1m | €0.03m | €1.1m | €0.6m | -€0.2m | €0.2m | €0.1m | ▼ 43.3% |
| Investment in fixed assets (approximation) | - | €0.03m | €0.05m | -€0.008m | €0.03m | €0 | €0.002m | €0.1m | ▲ 66× |
| Change in cash | - | €0.1m | €0.09m | -€0.007m | -€0.03m | -€0.01m | -€0.1m | €0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,794 companies had the same profile as VOCALCOM has now. Two years later, 91.5% were still going and 2.7% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of VOCALCOM itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 3,794 companies, not a prediction for VOCALCOM. 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.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-07-2026 | 2026-00358529 | |
| 31-12-2024 | full format | 11-08-2025 | 2025-00368609 | |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00292784 | |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00277038 | |
| 31-12-2022 | abbreviated format | 01-12-2023 | 2023-00521885 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20244469 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-41600163 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-36800133 | |
| 31-12-2018 | abbreviated format | 22-08-2019 | 2019-48400365 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-25900289 |
Board & ownership
Directors
Board 2
Statutory auditor 1
Owners and capital
Shareholders
2 ownersChain of control
- Vocalcom SASFR
- VOCALCOM
Owners 2
- Vocalcom SASFRconsolidating parentconsolidates
- VocalcomFRSourceown accounts 2025share not stated
Owners through the years 2012 to 2025
| Name | 2012 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Vocalcom SASFR | consolidates | |||||||||
| Vocalcom SAFR | consolidates | |||||||||
Source: parent in its own accounts
Capital transactions
- 13-01-2023 Capital reduction of €863,385 · to €62,500 · “zonder vernietiging van aandelen,door vermindering fractiewaarde bestaande aandelen”
Mandate history
- Board
- Statutory auditor
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| VOCALCOM SAS |
|
| VOCALCOM |
|
| GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES |
|
| DINIS Anthony |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- Term of at most 6 years
Articles of association, deed of 13-01-2023 (in Dutch)
Network & group
Companies at the same address
7 other companies- SOLIS ENERGY Registered office · since 26-09-2023Founded in 2023 · total assets €879 (2025) · negative equity 1000.338.432
- The Captains Registered office · since 14-02-2020Founded in 2020 · total assets €209,097 (2025) 0743.651.983
- VITIS LIFE SA Establishment · since 11-12-2017Founded in 1995 0686.903.619
- Lincoln Transition Executive Registered office · since 17-06-2014Founded in 2014 · 1.2 FTE (2025) · negative equity 0553.872.869
- AXON LAB Establishment · since 01-04-2014Founded in 2014 · 13 FTE (2025) 0546.789.493
- CrediBill Registered office · since 19-01-2009Founded in 2009 · 1.3 FTE (2025) 0809.178.750
- CELforPharma Registered office · since 07-01-2005Founded in 2005 · 2 FTE (2025) 0871.088.704
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
16-02
Gazette deed
Reappointment: VOCALCOM (sole director)Permanent representatives: Laetitia BLOT and Anthony DINIS6 points ▸
- General meeting, 16-01-2026
- Director reappointment, VOCALCOM (sole director)
- Permanent representative, Laetitia BLOT (permanent vertegenwoordiger)
- Permanent representative, Anthony DINIS (permanent vertegenwoordiger)
- Power of attorney, Arnaud Van Oekel
- Power of attorney, Charles-Antoine du Bus
- The act holds 1 more point.
02-12
Gazette deed
Reappointment: VOCALCOM (sole director)Permanent representatives: Anthony DINIS and Laetitia BLOT4 points ▸
- General meeting, 25-11-2025
- Director reappointment, VOCALCOM (sole director)
- Permanent representative, Anthony DINIS
- Permanent representative, Laetitia BLOT
16-03
Gazette deed
Permanent representatives: Carlo COSTANZIA DI COSTIGLIOLE and Laetitia BLOT3 points ▸
- General meeting, 10-02-2023
- Permanent representative, Carlo COSTANZIA DI COSTIGLIOLE
- Permanent representative, Laetitia BLOT
13-01
Gazette deed
Capital decrease of €863,385 to €62,500Capital from €925,885 to €62,500 · Resignation: DINIS Anthony (director) · Appointment: VOCALCOM SAS (director)8 points ▸
- Capital decrease, €863,385
- Amendment of the articles, 5
- Capital, €62,500, 24,514 shares
- Registered office clause, Jan Mommaertslaan 20 bus A, 1831 Diegem (Machelen)
- Director resignation, DINIS Anthony
- Director appointment, VOCALCOM SAS
- Permanent representative, COSTANZIA DI COSTIGLIOLE Carlo Junior
- Auditor reappointment, GRANT THORNTON BEDRIJFSREVISOREN (statutory auditor)
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
2 activities
- Alle studies verrichten en alle diensten verlenen betreffende voornoemde domeinen.
- De productie,de aankoop en verkoop,de verhuring,de vertegenwoordiging en de handel in het algemeen,van alle materiaal en koopwaren die betrekking hebben op de informatica en elektronica.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23015B0161/00D006 | Flanders | 1.5 ha | 1 · 728 m² | 25.6 m · 6 |