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VOLGUS

Active
Private limited companyfounded 2006active for 19 yearsVelodroomstraat 43, 8400 Oostende, BelgiumKBO/BCE: BE 0884.793.022
Summary

VOLGUS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,219 and a net result of €1,419. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 45% of 883 sector peers (NACE 55, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow ReportCompare
VOLGUSActiveChecked score 81/100
Risk analysis ReportCompare

Overview

Activity
Guest rooms (bed and breakfast)
NACE 55204
1 site
Size
≈ €160,000turnover 2025, estimated
Staff
≈ 0.2 FTE, estimated
Equity
€123,219
Profit
€1,419
Turnover estimated from the gross marginNet result -99%: branch of activity transferred
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
  • TOAPEDirector · permanent representative VANDENABEELE Niek
2025 accounts 16 days early2 of 3 deeds summarised
Why 81raises riskFigures for financial year 2025 (filed 16-10-2025)Profit of €1,419 (financial year 2025)lowers riskSize: total assets €575,390Founded in 2006Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 55, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 46-22
equity 21.4% of total assets
Liquidity 50-9
short-term debt 17.5% · cash 4.0%
Profitability 69+13
return on assets 0.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,518 companies, NACE 55, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026highest value 10-2026: 0.5%▼ -0.2 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.54, compared with 2.88 in 2024, below 1; short-term debt: 17.5% and cash: 4% of total assets), and 78.6% 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 55, micro): better than 49% on solvency, 57% on liquidity, 58% on profitability and 8% on growth.

The bankruptcy probability was computed on 30-10-2026 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
raises risk · Figures for financial year 2025 (filed 16-10-2025)
NBB · annual accounts
lowers risk · Size: total assets €575,390
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Profit of €1,419 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
79 days early
2023
4 days early
2022
76 days early
2021
45 days early
2020
59 days early
2019
1 day 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 40 days before the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 16 September (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end30-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet €1,419 ▼99.1%
  3. Registered office · Capital & shares…Resignations: VANDENABEELE Bart, OCKET Hans…

Key points

  • Result fell in 2025branch of activity transferred to CONVERGE IT ▼ 99.1% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €1,419 7 years View
  • Branch transferred to CONVERGE ITcontribution on 04-09-2024 2024 View

By topic

Financials

Financial year
2025
Total assets
€575,390
Profit
€1,419
Solvency
21.4%
Total assets▼ 55.6%
Net result
20192025
Go to Financials

Timeline

Events
23
Since
2009
Next accounts
by 31-10-2026
  1. 13-08-2024Annual accounts filed
  2. 21-06-2024Restructuring
  3. 31-03-2024Highest result from 2019 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Guest rooms (bed and breakfast)NACE 55204
Founded
07-11-2006
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
41
Annual meeting
First Friday of September at 10:00
Purpose
“Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle…” (deed in Dutch)
Go to Articles of association

Key facts about VOLGUS

What is the company number of VOLGUS?
0884.793.022. In Belgium the VAT number is the company number with BE in front: BE 0884.793.022.
Where is VOLGUS based?
The registered office is at Velodroomstraat 43, 8400 Oostende.Company details
What does VOLGUS do?
According to the KBO register, the main activity is guest rooms (bed and breakfast) (NACE 55204).
What is the legal form of VOLGUS?
Private limited company (BV).
When was VOLGUS founded?
On 07-11-2006.
Is VOLGUS still active?
Yes, VOLGUS is an active enterprise in the KBO register.
How many employees does VOLGUS have?
On average 3.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of VOLGUS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is VOLGUS profitable?
In financial year 2025, VOLGUS made a profit of €1,419.
Where can I find the annual accounts of VOLGUS?
VOLGUS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VOLGUS due?
By 31-10-2026, for financial year 2026.Timeline

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