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VOLCANO EUROPE

Active
Private limited companyfounded 2003active for 23 yearsExcelsiorlaan 41, 1930 Zaventem, BelgiumKBO/BCE: BE 0859.842.345
Summary

VOLCANO EUROPE has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.0m and a net result of €1.2m. Equity is growing by about 8.6% per year across the filed financial years. Its solvency ranks better than 72% of 6,139 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
VOLCANO EUROPEActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of pharmaceutical and medical goods
NACE 46460
1 site
Size
€43.1mturnover 2025
Staff
105.6 FTE
Equity
€17.0m
Profit
€1.2m
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Koninklijke Philips NV · 100%
Holdings
1
Auditor: Ernst & Young Bedrijfsrevisoren2025 accounts 32 days early4 of 22 deeds summarised
Why 96raises risk1 of the last 3 latelowers riskLiquidity: current ratio 2.96, cash €18.2mFounded in 2003Equity €17.0m (65.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 46, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 91+15
equity 65.9% of total assets
Liquidity 86+10
short-term debt 32.8% · cash 70.7%
Profitability 61-12
return on assets 4.6%
Bankruptcy probability, 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% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.2 percentage points 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 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,600,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.96, compared with 2.03 in 2024, above the usual 1.5; short-term debt: 32.8% and cash: 70.7% of total assets), and 34.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, medium-sized): better than 78% on solvency, 97% on liquidity, 51% on profitability and 61% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.96, cash €18.2m
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €17.0m (65.9% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
111 days late
2022
34 days early
2021
46 days early
2020
47 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% 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 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Chadd O'NEIL (director)Appointment: Maria HUSSEINI (director)
  3. Weakest financial yearnet €1.2m ▼30.3%

Key points

  • Positive: Among the best 10% on equitysector median €1.6m · 6,072 companies €17.0m View
  • Caution: Board changedlatest change 17-06-2026 · 1 in office 1 joined · 1 left View
  • Positive: Turnover rose in 2025from €29.9m to €43.1m ▲ 44.0% View
  • Positive: 8 profitable years in a rowprofit 2025: €1.2m 8 years View
  • Controlled by Koninklijke Philips NVthe company in turn controls 1 companies 100% View

By topic

Financials

Financial year
2025
Turnover
€43.1m
Profit
€1.2m
Solvency
65.9%
Turnover▲ 44.0%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
Koninklijke Philips NV · 100%
Auditor
Ernst & Young Bedrijfsrevisoren
  • Maria HUSSEINIDirector
Go to Board & ownership

Timeline

Events
28
Since
2006
Next accounts
by 31-07-2027
  1. 24-09-2025Resignation: Marco BIJL (director)
  2. 11-09-2025Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460
Founded
30-07-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about VOLCANO EUROPE

What is the company number of VOLCANO EUROPE?
0859.842.345. In Belgium the VAT number is the company number with BE in front: BE 0859.842.345.
Where is VOLCANO EUROPE based?
The registered office is at Excelsiorlaan 41, 1930 Zaventem.Company details
What does VOLCANO EUROPE do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of VOLCANO EUROPE?
Private limited company (BV).
When was VOLCANO EUROPE founded?
On 30-07-2003.
Is VOLCANO EUROPE still active?
Yes, VOLCANO EUROPE is an active enterprise in the KBO register.
How many employees does VOLCANO EUROPE have?
On average 105.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VOLCANO EUROPE?
€43.1m in financial year 2025, according to the filed annual accounts.
Is VOLCANO EUROPE profitable?
In financial year 2025, VOLCANO EUROPE made a profit of €1.2m.
Where can I find the annual accounts of VOLCANO EUROPE?
VOLCANO EUROPE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VOLCANO EUROPE due?
By 31-07-2027, for financial year 2026.Timeline

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