VOLCANO EUROPE
The computed 12-month bankruptcy probability of VOLCANO EUROPE is 0.4% (very low). The 2024 annual accounts show equity of €17.39M and a net result of €1.70M. Equity is growing by ~12.3% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €17.39M |
| Net result | €1.70M |
| Staff (FTE) | 103.3 |
| Active | 22 yrs |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | €29.93M |
| EBITDA | €3.77M |
| Net profit | €1.70M |
| Cash flow | €2.13M |
| Staff costs | €13.15M |
| Income taxes | €1.47M |
| Dividends | €8.21M |
| Total assets | €34.15M |
| Equity | €17.39M |
| Debt | €16.77M |
| of which ≤ 1y | €16.76M |
| of which > 1y | — |
| Working capital | €17.30M |
| Employees (FTE) | 103.3 |
| 2024 | |
|---|---|
| Current ratio | 2.03 |
| Quick ratio | 1.96 |
| Working capital ratio | 50.7% |
| Solvency | 50.9% |
| Debt / equity | 0.96 |
| Long-term debt ratio | — |
| Interest coverage | 60.12 |
| Gross margin | 46.7% |
| Net margin | 5.7% |
| ROA | 5.0% |
| ROE | 9.8% |
| EBITDA margin | 12.6% |
| Days sales outstanding | 148d |
| Days payable outstanding | 92d |
| Inventory turnover | 13.40 |
| Days inventory (DSI) | 27d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €34.15M |
| Fixed assets | 21/28 | €87k |
| Tangible fixed assets | 22/27 | €86k |
| Financial fixed assets | 28 | €931 |
| Current assets | 29/58 | €34.06M |
| Stocks & contracts in progress | 3 | €1.19M |
| Amounts receivable within one year | 40/41 | €13.50M |
| Cash & bank | 54/58 | €19.04M |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €34.15M |
| Equity | 10/15 | €17.39M |
| Contributions / capital | 10/11 | €15.26M |
| Reserves | 13 | €517k |
| Accumulated profits (losses) | 14 | €1.61M |
| Amounts payable | 17/49 | €16.77M |
| Amounts payable within one year | 42/48 | €16.76M |
| Trade debts payable within one year | 44 | €4.02M |
| Income statement | ||
| Turnover | 70 | €29.93M |
| Operating result | 9901 | €3.33M |
| Financial income | 75 | €958k |
| Financial charges | 65 | €1.12M |
| Result before taxes | 9903 | €3.17M |
| Income taxes | 67/77 | €1.47M |
| Net result for the period | 9904 | €1.70M |
| Result to be appropriated | 9905 | €1.70M |
| NACE primary | Wholesale trade(46460) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2003 |
| Status | Active |
| Postal code | 1930 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0050/00M002 | Flanders | 3,305 m² | 1 · 1,191 m² | 9.3 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-09-2025 Marco BIJL resigns as director
- Marco BIJL — Bestuurder
Technical details
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}11-09-2025 PwC Bedrijfsrevisoren BV appointed as statutory auditor
- PwC Bedrijfsrevisoren BV — Commissaris
Technical details
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}29-11-2024 2 directors appointed
- Ernst & Young Bedrijfsrevisoren — Commissaris
- Eef Naessens — Vaste vertegenwoordiger commissaris
Technical details
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}17-02-2023 2 directors appointed, 1 resigning
- Terence Vanstals — Bestuurder
- Marco Bijl — Bestuurder
- Bas Verhoef — Bestuurder
Technical details
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}11-07-2022 Articles of association amended
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}25-09-2020 Eef Naessens appointed as statutory auditor
- Eef Naessens — Commissaris
Technical details
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}12-08-2020 Articles of association amended
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}27-11-2017 Eef Naessens appointed as statutory auditor
- Eef Naessens — Commissaris
Technical details
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}17-02-2017 1 director appointed, 1 resigning
- Roel Boonen — Zaakvoerder
- Nathalie Brys — Zaakvoerder
Technical details
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}28-09-2016 2 directors appointed
- Ernst & Young Bedrijfsrevisoren BV CVBA — Commissaris
- Harry Everaerts — Bedrijfsrevisor
Technical details
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}27-10-2015 1 director appointed, 1 resigning
- Bastiaan Abram Willem Verhoef — Zaakvoerder
- Michele Perrino — Zaakvoerder
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}20-10-2015 Michele Perrino resigns as manager
- Michele Perrino — Zaakvoerder
Technical details
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}20-04-2015 Publication in the Belgian Official Gazette — Miscellaneous
Technical details
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"stage": null,
"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
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"act_meta": {
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"pub_date": "2015-04-20",
"filing_date": "2015-04-08",
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"act_date": "2015-03-12",
"unanimous": null
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"restructuring": {
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"kbo": "0859.842.345",
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"address": "Excelsiorlaan 41, 1930 Zaventem, Belgi\u00EB",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": "BE"
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"exchange_ratio": null,
"legal_articles": [
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"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "Geen overdracht van patrimoine. De besluiten betreffen het ontslag van een zaakvoerder en voorzitter van het college van zaakvoerders, en de correctie van een eerder gepubliceerde datum in het Staatsblad.",
"equity_transferred_eur": null,
"accounting_effective_date": null
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"summary_narrative": "De zaakvoerders van VOLCANO EUROPE nemen akte van het ontslag van de heer John Thomas Dahldorf als zaakvoerder en voorzitter van het college van zaakvoerders, met ingang van 21 februari 2015. Zij besluiten tot rechtzetting van de publicatie inzake het ontslag van de heer Darin Lippoldt als zaakvoerder en de benoeming van mevrouw Nathalie Brys, waarbij de correcte datum van 21 januari 2015 wordt vastgesteld. Daarnaast wordt een bijzondere volmacht verleend aan Kurt Grillet, Esther Goldschmidt en Alexandra Sansen, en aan advocaten van Altius CVBA, om de vereiste publicaties voor te bereiden en n",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": {
"prior_pub_date": "2015-02-10",
"what_corrected": "Verkeerde datum van ontslag en benoeming (7 januari 2015 in plaats van 21 januari 2015) in de publicatie van 10 februari 2015",
"prior_pub_number": "15056755"
},
"should_reroute_to_category": "director_changes"
}15-02-2010 3 directors appointed
- Scott Huennekens — Bestuurder
- John Dahldorf — Bestuurder
- Michel Lussier — Bestuurder
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | VOLCANO EUROPE |