Vol-Tec
ActiveSummary
Vol-Tec has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,838 and a net result of €17,369. Its solvency ranks better than 38% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-09-2023 Normal situation
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.350.116.097 2480 Dessel, since 18-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 28-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €43,998
- ▲ 12.5%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €17,369
- ▼ 15.1%
- Equity
- €39,838
- ▲ 77.3%
- Total assets
- €110,161
- ▲ 2.2%
Score breakdownraises riskFounded in 2023Size: total assets €110,161Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.66, cash €27,216Show the evidence
Checked score
About 9 in 1,000 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 43, micro). It does better than 38% of them on solvency, 69% on liquidity, 74% on profitability and 89% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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
The company filed its last 2 accounts on average 9 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 16-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 8% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €88,169 | €3,000 |
| Depreciation and write-downs of the year | €11,210 | €17,841 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,210 | €17,841 | ▲ 59.1% |
| Other operating charges640/8 | €325 | €697 | ▲ 114% |
| Gross operating margin9900 | €39,119 | €43,998 | ▲ 12.5% |
| Operating profit (loss)9901 | €27,584 | €25,459 | ▼ 7.7% |
| Financial income75/76B | - | €4 | - |
| Recurring financial income75 | - | €4 | - |
| Financial charges65/66B | €2,088 | €3,034 | ▲ 45.3% |
| Recurring financial charges65 | €2,088 | €3,034 | ▲ 45.3% |
| Profit (loss) for the period before taxes9903 | €25,496 | €22,430 | ▼ 12.0% |
| Income taxes67/77 | €5,026 | €5,061 | ▲ 0.7% |
| Profit (loss) for the period9904 | €20,469 | €17,369 | ▼ 15.1% |
| Profit (loss) for the period to be appropriated9905 | €20,469 | €17,369 | ▼ 15.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €107,760 | €110,161 | ▲ 2.2% |
| Fixed assets21/28 | €76,958 | €62,117 | ▼ 19.3% |
| Tangible fixed assets22/27 | €76,958 | €62,117 | ▼ 19.3% |
| Furniture and vehicles24 | €76,958 | €62,117 | ▼ 19.3% |
| Current assets29/58 | €30,802 | €48,044 | ▲ 56.0% |
| Amounts receivable within one year40/41 | €220 | €10,790 | ▲ 49× |
| Trade receivables40 | €220 | €10,790 | ▲ 49× |
| Current investments50/53 | - | €10,000 | - |
| Cash at bank and in hand54/58 | €29,727 | €27,216 | ▼ 8.4% |
| Deferred charges and accrued income490/1 | €855 | €38 | ▼ 95.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €107,760 | €110,161 | ▲ 2.2% |
| Equity10/15 | €22,469 | €39,838 | ▲ 77.3% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €20,469 | €37,838 | ▲ 84.9% |
| Amounts payable17/49 | €85,290 | €70,323 | ▼ 17.5% |
| Amounts payable after more than one year17 | €56,702 | €41,301 | ▼ 27.2% |
| Financial debts170/4 | €56,702 | €41,301 | ▼ 27.2% |
| Amounts payable within one year42/48 | €28,589 | €29,022 | ▲ 1.5% |
| Current portion of amounts payable after more than one year42 | €14,757 | €15,400 | ▲ 4.4% |
| Trade debts44 | €4,916 | €3,570 | ▼ 27.4% |
| Suppliers440/4 | €4,916 | €3,570 | ▼ 27.4% |
| Taxes, remuneration and social security45 | €8,414 | €8,096 | ▼ 3.8% |
| Taxes450/3 | €8,414 | €8,096 | ▼ 3.8% |
| Other amounts payable47/48 | €502 | €1,956 | ▲ 290% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,469 | €17,369 | ▼ 15.1% |
| + Depreciation and write-downs630 | €11,210 | €17,841 | ▲ 59.1% |
| Operating cash flow (approximation) | €31,680 | €35,210 | ▲ 11.1% |
| Investment in fixed assets (approximation) | - | -€3,000 | - |
| Change in cash | - | -€2,511 | - |
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, 39,278 companies had the same profile as Vol-Tec has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Vol-Tec itself: 0.9% 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 39,278 companies, not a prediction for Vol-Tec. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Bastiaensen, Koen sole founder · 100% at incorporation
Capital transactions
- 21-09-2023 Incorporation · €2,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 21-09-2023 (in Dutch)
Network & group
Vol-Tec shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Vol-Tec. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-09
Gazette deed
IncorporationStarting capital €2,000 · Appointment: Bastiaensen, Koen (director) · Registered office clause · Board rule9 points ▸
- Registered office clause, “2480 Dessel, Turnhoutsebaan 31 bus 103” (deed in Dutch)
- Board rule, 1
- Director appointment, Bastiaensen, Koen (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Incorporation, 15-09-2023
- Founder, Bastiaensen, Koen
- Founding capital, €2,000
- Capital, €2,000
- Share issue, 100, “gelijk recht in de winstverdeling” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 18 September 2023, Vol-Tec was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 Bastiaensen, Koen is director of the company, appointed in the act of 21-09-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- De groothandel en kleinhandel in elektrisch installatiemateriaal en benodigdheden voor elektrische installaties, lampen en verlichtingsartikelen, onderneming voor het plaatsen van verlichting, drijfkracht, telefoon en elektrische installaties, reinigen van gevels, grondwerken, bouwen van stellingen, kleinhandel van bouwmaterialen en sanitaire artikelen; onderneming voor het plaatsen, herstellen en onderhouden van alle soorten branders; onderneming voor het plaatsen van centrale verwarming, ventilatie, verwarming met warme lucht, luchtconditionering en industriële pijpleidingen, sanitaire inrichtingen.
- De vennootschap handelt voor eigen rekening, in consignatie, in commissie, als tussenpersoon of als vertegenwoordiger
- De vennootschap mag in België en in het buitenland alle roerende, onroerende, financiële, commerciële en industriële handelingen stellen die rechtstreeks of onrechtstreeks betrekking hebben op haar voorwerp of die de verwezenlijking ervan kunnen bevorderen, onder meer het bemiddelen inzake kredieten, effecten, deposito’s of verzekeringen.
- Handel in vastgoed in de ruime zin; Verhuur van gebouwen / locaties het aan- en verkopen, huren en verhuren, beheren en renoveren van onroerende goederen voor eigen beheer.
- Dit alles zowel in België als in het buitenland, zowel voor eigen rekening als voor rekening van derden of in deelneming met derden.
- De vennootschap heeft tevens tot voorwerp het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van aard zijn de opbrengst van haar goederen te bevorderen, zoals de aankoop en de verkoop, huur en verhuur, de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende, het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van goederen, met uitzondering van die verrichtingen die verband houden met de normale activiteiten uitgeoefend door vastgoedmakelaars.
- De vennootschap mag voor eigen rekening of voor rekening van derden alle commerciële, industriële, financiële, burgerlijke, roerende en onroerende handelingen of verrichtingen stellen, die haar nuttig voorkomen om rechtstreeks of onrechtstreeks haar voorwerp te realiseren of de realisatie ervan te bevorderen of te vergemakkelijken.
- De vennootschap mag bij wijze van inbreng, opslorping, fusie, intekening of op enige andere wijze belangen nemen in alle ondernemingen, verenigingen of vennootschappen met een gelijkaardig of aanverwant voorwerp.
- De vennootschap kan zich ten gunste van derden borg stellen of hen aval verlenen, hypothecaire of andere zekerheden verstrekken.
- De vennootschap kan de functie van bestuurder of zaakvoerder in andere vennootschappen waarnemen, mits naleving van artikel 2:55 WVV.
- In het geval de verrichting van bepaalde handelingen zou onderworpen zijn aan voorafgaande voorwaarden inzake toegang tot het beroep, zal de vennootschap haar optreden, wat betreft de verrichting van deze handelingen, aan de vervulling van deze voorwaarden ondergeschikt maken.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0805.979.631
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13006B1791/00A000 | Flanders | 1,249 m² | 1 · 333 m² | 6.9 m |