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Volcano Projects

Active Private limited companyfounded 2021active for 5 yearsPaul van Ostaijenstraat 35, 8560 WevelgemKBO/BCE: BE 0776.655.541

Lifetime

3 annual accounts with figures on one time axis
peak €71,616 (2024)
€71,616▲ 461%
lowest -€665 (2022)
€49,879▲ 19×
peak €52,883 (2024)
€52,883▲ 18×
€41,928▼ 31.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
19-11-2025111 days late
2024micro format
Gross margin from €12,760 to €71,616Result from €2,669 to €49,879Equity from €3,004 to €52,883Debts from €61,504 to €41,928Cash from €10,402 to €31,541

Key points

from the 2024 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Liquidity

2.03 was 0.86 in 2023

Short-term debts fell from €54,661 to €40,955.

Filings

3 annual accounts 104 days past the deadline
AprilJune31 JulyOctober202220232024

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,969 companies had the same profile as Volcano Projects has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 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.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 26,969 companies, not a prediction for Volcano Projects. 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.

Credit verdict

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Signals

Board and ownership

Director
  • 1,000 sharesdeed of 04-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0776655541
Incorporation Founding capital of €1,000, 1,000 shares · Founder: · Appointment: (director) · published on 04-11-2021 · Gazette deed
First establishment Paul van Ostaijenstraat 35, Wevelgem
All 9 events

Comparable companies

same main activity, similar in size and age
Company
Volcano Projects Wevelgem €94,811 €71,616 55.8% -
MAAT architecten Antwerp €98,729 €74,559 18.2% -
Matthias Lannoye Zemst €84,077 €69,302 18.3% -
Architecture & Design Van Assche Rotselaar €86,376 €77,849 2.3% -
Bureau d'Architecture Christine Martiny Malmedy €105,498 €65,771 2.1% -
Architect Roos Claes Hasselt €93,914 €84,560 80.0% -
SoukAle Project Kontich €112,054 €73,030 1.9% -

These companies have the same main activity as Volcano Projects: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €84,100 and €112,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 29-10-2021Normal situation
Activity
Activities of building architectsNACE 71111and 4 others
Establishment unit
2.324.055.3658560 Wevelgem, since 29-10-2021
Financial year end
31 December
Peppol
Reachable since 08-12-2025
Company details

Annual accounts 2024

€94,811▲ 47.0%
Filing
Filed on 19-11-2025
Financials

Insights on Volcano Projects

Volcano Projects files the micro format. That format states no turnover. The gross margin rose from €8,894 in 2022 to €71,616 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Volcano Projects

What is the company number of Volcano Projects?
The company number of Volcano Projects is 0776.655.541. The VAT number is the same number with BE in front: BE 0776.655.541.
Where is Volcano Projects based?
The registered office is at Paul van Ostaijenstraat 35, 8560 Wevelgem.Company details
What does Volcano Projects do?
According to the KBO register, the main activity is activities of building architects (NACE 71111).
What is the legal form of Volcano Projects?
Volcano Projects is a private limited company (BV).
When was Volcano Projects founded?
Volcano Projects was founded on 29-10-2021.
Is Volcano Projects still active?
Yes, Volcano Projects is an active enterprise in the KBO register.
What is the turnover of Volcano Projects?
The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €71,616 and 30 comparable companies (NACE 71111). It probably lies between €140,000 and €310,000.Financials
Is Volcano Projects profitable?
In financial year 2024, Volcano Projects made a profit of €49,879.
Where can I find the annual accounts of Volcano Projects?
Volcano Projects filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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